Wetouch Technology Inc. (WETH) Key Metrics
WETH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.4M
- Enterprise value
- −$113.5M
- P/E (TTM)
- 1.4
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.3
- Price / book
- 0.1
- EV / EBITDA
- 0.8
- Dividend yield
- —
- Beta
- 0.73
WETH key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWETH valuation Price multiples at each fiscal year-end price.
WETH returns How much profit the business earns on the capital it uses.
WETH per-share figures Results divided by the shares outstanding at year-end.
WETH financial health Debt, liquidity and how easily interest is covered.
WETH efficiency & capital use Working capital cycle and where the cash goes.
WETH valuation history
WETH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WETH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WETH cash returned to shareholders
WETH price vs earnings per share
WETH key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $16.0M | $21.1M | — | — | — | — | — |
| Enterprise value | −$101.9M | −$82.6M | — | — | — | — | — |
| P/E ratio | 2.2 | 3.5 | — | — | — | — | — |
| Price / sales | 0.4 | 0.5 | — | — | — | — | — |
| Price / book | 0.1 | 0.2 | — | — | — | — | — |
| Price / free cash flow | 2.3 | 26.5 | — | — | — | — | — |
| Price / operating cash flow | 2.2 | 19.8 | — | — | — | — | — |
| EV / sales | -2.3 | -2.0 | — | — | — | — | — |
| Earnings yield | 44.8% | 28.6% | — | — | — | — | — |
| Free cash flow yield | 44.2% | 3.8% | — | — | — | — | — |
| Share price at fiscal year-end | $1.34 | $1.77 | — | — | — | — | — |
| Per share | |||||||
| Revenue per share | $3.78 | $3.54 | $4.24 | — | — | — | — |
| Earnings per share | $0.60 | $0.51 | $0.88 | — | — | — | — |
| Operating cash flow per share | $0.62 | $0.09 | $1.36 | — | — | — | — |
| Free cash flow per share | $0.59 | $0.07 | $1.12 | — | — | — | — |
| Cash per share | $9.92 | $8.70 | $10.46 | — | — | — | — |
| Book value per share | $11.51 | $10.44 | $12.04 | — | — | — | — |
| Tangible book value per share | $11.47 | $10.44 | $12.04 | — | — | — | — |
| Capex per share | $0.03 | $0.02 | $0.24 | — | — | — | — |
| Debt per share | $0.04 | — | $0.18 | — | — | — | — |
| Shares outstanding | 11.9M | 11.9M | 9.4M | — | — | — | — |
| Change in shares outstanding | +0.0% | +27.3% | — | — | — | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 5.5% | 5.1% | 9.1% | 13.1% | 32.0% | 23.5% | 43.3% |
| Return on invested capital (ROIC) | 34.8% | 39.3% | 47.3% | 41.8% | 49.7% | 53.0% | 79.6% |
| Return on assets (ROA) | 5.3% | 4.9% | 8.6% | 12.3% | 30.0% | 20.1% | 32.9% |
| Return on tangible assets | 5.1% | 4.7% | 6.9% | 11.9% | 25.3% | 19.4% | 33.7% |
| Free cash flow margin | 15.7% | 1.9% | 26.3% | 22.6% | 5.8% | 41.4% | 25.4% |
| Income quality (OCF / net income) | 1.03 | 0.18 | 1.54 | 0.98 | 0.81 | 1.45 | 0.74 |
| Financial health | |||||||
| Total debt | $521,454 | — | $1.7M | $1.7M | $2.0M | — | $430,923 |
| Cash & short-term investments | $118.4M | $103.8M | $98.0M | $51.3M | $46.2M | $24.0M | $14.3M |
| Net debt | −$117.8M | −$103.8M | −$96.3M | −$49.6M | −$44.1M | −$24.0M | −$13.8M |
| Debt / equity | 0.00 | — | 0.02 | 0.02 | 0.03 | — | 0.01 |
| Debt / assets | 0.00 | — | 0.01 | 0.02 | 0.03 | — | 0.01 |
| Net debt / EBITDA | −10.93 | −10.41 | −7.64 | −4.03 | −1.99 | −1.85 | −0.77 |
| Current ratio | 38.88 | 38.68 | 16.84 | 15.49 | 17.54 | 16.07 | 3.27 |
| Quick ratio | 38.86 | 38.64 | 16.80 | 15.38 | 17.46 | 15.90 | 3.25 |
| Interest coverage | 8.5 | 8.0 | 50.1 | 50.8 | — | 6.9 | — |
| Working capital | $122.9M | $111.2M | $100.4M | $58.2M | $53.6M | $34.3M | $21.4M |
| Invested capital | $19.6M | $20.8M | $16.6M | $19.2M | $20.2M | $20.4M | $17.8M |
| Tangible asset value | $136.8M | $124.6M | $112.9M | $68.8M | $64.3M | $43.4M | $31.3M |
| Net current asset value | $122.7M | $110.7M | $100.1M | $57.9M | $52.5M | $33.9M | $21.4M |
| Graham number | $12.47 | $10.90 | $15.46 | — | — | — | — |
| Graham net-net per share | $10.06 | $8.88 | $10.35 | — | — | — | — |
| Capital allocation | |||||||
| Share buybacks (net) | — | — | — | — | $759,471 | — | — |
| Dividends + buybacks / free cash flow | — | — | — | — | 32.2% | — | — |
| Capex / revenue | 0.7% | 0.6% | 5.7% | 0.0% | 28.7% | 0.0% | 0.0% |
| Capex / operating cash flow | 4.4% | 25.4% | 17.8% | 0.0% | 83.2% | 0.0% | 0.0% |
| Capex / depreciation | 0.52 | 2.51 | 240.73 | 0.00 | 30.68 | 0.00 | 0.00 |
| Stock-based compensation / revenue | — | — | — | 0.0% | 7.7% | 3.4% | 0.0% |
| R&D / revenue | — | — | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% |
| SG&A / revenue | 9.8% | 10.1% | 11.2% | 6.7% | 4.8% | 11.6% | — |
| Efficiency | |||||||
| Days sales outstanding | 57.4 | 64.9 | 78.1 | 84.0 | 89.1 | 162.9 | 146.4 |
| Days of inventory on hand | 1.0 | 2.1 | 5.2 | 5.1 | 5.3 | 7.0 | 3.5 |
| Days payables outstanding | 13.8 | 12.1 | 16.4 | 16.7 | 13.8 | 19.6 | 13.6 |
| Cash conversion cycle (days) | 44.5 | 54.9 | 66.9 | 72.4 | 80.6 | 150.3 | 136.3 |
| Receivables turnover | 6.36 | 5.63 | 4.67 | 4.34 | 4.10 | 2.24 | 2.49 |
| Payables turnover | 26.43 | 30.11 | 22.25 | 21.86 | 26.42 | 18.65 | 26.78 |
| Inventory turnover | 381.79 | 171.48 | 69.77 | 71.51 | 69.16 | 51.95 | 104.54 |
| Asset turnover | 0.34 | 0.34 | 0.41 | 0.53 | 0.70 | 0.71 | 0.96 |
| Average receivables | $7.1M | $7.5M | $8.5M | $8.7M | $10.0M | $14.0M | $16.0M |
| Average payables | $1.2M | $952,388 | $1.0M | $1.1M | $846,217 | $843,664 | $795,480 |
| Average inventory | $80,584 | $167,214 | $322,689 | $333,828 | $323,216 | $302,914 | $203,778 |
| Intangibles / total assets | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 2.1% | 2.4% |
Computed from WETH's annual financial statements (latest annual report filed April 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WETH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Wetouch Technology traded at 2.2 times earnings. Based on the latest twelve months, the trailing P/E is 1.4. Wetouch Technology earned a return on equity of 5.5% and a return on invested capital of 34.8% in fiscal 2025. It ended the year with $0.5 million of debt and $118.4 million in cash and short-term investments, a net cash position of $117.8 million.
See the WETH income statement, the WETH chart for price history, or the WETH stock overview for the latest quote and news.
WETH key metrics FAQ
What is Wetouch Technology's P/E ratio?
Wetouch Technology's trailing P/E ratio is 1.4 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 2.2.
What is Wetouch Technology's return on equity?
Wetouch Technology's return on equity (ROE) was 5.5% in fiscal 2025: net income of $7.2 million on average shareholders' equity of $131.0 million.
What is Wetouch Technology's ROIC?
Wetouch Technology's return on invested capital was 34.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Wetouch Technology have?
Wetouch Technology had total debt of $0.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Wetouch Technology's free cash flow yield?
Wetouch Technology generated $7.1 million of free cash flow in fiscal 2025, a free cash flow yield of 44.2% on its market value at year-end ($16.0 million).
What is Wetouch Technology's current ratio?
Wetouch Technology's current ratio was 38.88 at the end of fiscal 2025: current assets were 38.88 times current liabilities.