Waton Financial Limited (WTF) Key Metrics
WTF valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $113.4M
- Enterprise value
- $105.8M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 11.2
- Price / book
- 5.4
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- —
WTF key metrics, FY2022–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsWTF returns How much profit the business earns on the capital it uses.
WTF per-share figures Results divided by the shares outstanding at year-end.
WTF financial health Debt, liquidity and how easily interest is covered.
WTF efficiency & capital use Working capital cycle and where the cash goes.
WTF valuation history
WTF returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WTF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WTF cash returned to shareholders
WTF price vs earnings per share
WTF key metrics
FY2022–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $161.1M | — | — | — | — |
| Enterprise value | $150.7M | — | — | — | — |
| Price / sales | 14.5 | — | — | — | — |
| Price / book | 7.4 | — | — | — | — |
| EV / sales | 13.6 | — | — | — | — |
| Earnings yield | −9.4% | — | — | — | — |
| Free cash flow yield | −4.6% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | — | — | — |
| Share price at fiscal year-end | $3.34 | — | — | — | — |
| Per share | |||||
| Revenue per share | $0.23 | $0.16 | $0.21 | $0.12 | $0.01 |
| Earnings per share | −$0.31 | −$0.25 | $0.05 | $0.06 | −$0.03 |
| Operating cash flow per share | −$0.15 | $0.01 | −$0.04 | $0.25 | $0.02 |
| Free cash flow per share | −$0.15 | $0.01 | −$0.04 | $0.25 | $0.02 |
| Cash per share | $0.27 | $0.16 | $0.10 | $0.40 | $0.04 |
| Book value per share | $0.45 | $0.27 | $0.23 | $0.30 | $0.02 |
| Tangible book value per share | $0.45 | $0.27 | $0.23 | $0.30 | $0.02 |
| Capex per share | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 |
| Debt per share | $0.05 | $0.01 | $0.06 | $0.11 | $0.05 |
| Shares outstanding | 48.2M | 47.9M | 47.6M | 47.6M | 47.6M |
| Change in shares outstanding | +0.7% | +0.7% | 0.0% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | −87.9% | −101.8% | 20.1% | 41.1% | −183.3% |
| Return on invested capital (ROIC) | −127.2% | −118.3% | 55.6% | 269.1% | −86.3% |
| Return on assets (ROA) | −35.5% | −37.7% | 6.8% | 13.2% | −25.8% |
| Return on tangible assets | −27.7% | −39.0% | 7.6% | 7.6% | −25.8% |
| Free cash flow margin | −66.6% | 4.6% | −21.0% | 208.5% | 294.9% |
| Income quality (OCF / net income) | — | — | −0.74 | 3.88 | — |
| Financial health | |||||
| Total debt | $2.6M | $525,363 | $2.9M | $5.3M | $2.4M |
| Cash & short-term investments | $13.0M | $7.7M | $4.9M | $19.1M | $1.7M |
| Net debt | −$10.4M | −$7.2M | −$2.1M | −$13.8M | $680,229 |
| Debt / equity | 0.12 | 0.04 | 0.27 | 0.37 | 2.95 |
| Debt / assets | 0.05 | 0.02 | 0.09 | 0.13 | 0.42 |
| Net debt / EBITDA | — | — | −0.59 | −3.53 | — |
| Current ratio | 1.54 | 1.41 | 1.20 | 1.50 | 0.87 |
| Quick ratio | 1.54 | 1.41 | 1.20 | 1.50 | 0.87 |
| Interest coverage | -14.7 | -36.7 | 18.6 | 170.0 | -332.1 |
| Working capital | $17.7M | $7.4M | $4.4M | $13.4M | −$644,402 |
| Invested capital | $11.3M | $5.6M | $8.7M | $353,037 | $1.5M |
| Tangible asset value | $21.7M | $12.8M | $10.7M | $14.2M | $816,842 |
| Net current asset value | $17.2M | $7.4M | $3.9M | $13.4M | −$662,791 |
| Graham number | — | — | $0.52 | $0.66 | — |
| Graham net-net per share | −$0.07 | −$0.05 | −$0.13 | $0.01 | −$0.07 |
| Capital allocation | |||||
| Share buybacks (net) | $0 | $0 | $6.0M | $0 | — |
| Dividends + buybacks / free cash flow | — | 0.0% | — | 0.0% | — |
| Capex / revenue | 2.9% | 0.2% | 2.6% | 0.1% | 2.1% |
| Capex / operating cash flow | — | 3.8% | — | 0.0% | 0.7% |
| Capex / depreciation | 0.47 | 0.02 | 0.60 | 0.05 | 1.19 |
| Stock-based compensation / revenue | 63.7% | 118.0% | 0.0% | 6.6% | 276.1% |
| R&D / revenue | 6.6% | 5.7% | — | — | — |
| SG&A / revenue | 114.3% | 161.9% | 30.4% | 17.4% | 720.7% |
| Efficiency | |||||
| Days sales outstanding | 539.2 | 616.4 | 460.7 | 348.3 | 255.5 |
| Days payables outstanding | 483.9 | 943.4 | 1,653.4 | 2,237.1 | 14,280.9 |
| Cash conversion cycle (days) | 55.3 | -327.0 | -1,192.7 | -1,888.8 | -14,025.3 |
| Receivables turnover | 0.68 | 0.59 | 0.79 | 1.05 | 1.43 |
| Payables turnover | 0.75 | 0.39 | 0.22 | 0.16 | 0.03 |
| Asset turnover | 0.26 | 0.23 | 0.27 | 0.25 | 0.04 |
| Average receivables | $16.4M | $12.6M | $12.7M | $5.5M | $176,994 |
| Average payables | $11.4M | $11.5M | $15.0M | $8.5M | $2.4M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from WTF's annual financial statements (latest annual report filed July 31, 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.
WTF valuation and financial ratios
Waton Financial earned a return on equity of −87.9% and a return on invested capital of −127.2% in fiscal 2026. It ended the year with $2.6 million of debt and $13.0 million in cash and short-term investments, a net cash position of $10.4 million.
See the WTF income statement, the WTF chart for price history, or the WTF stock overview for the latest quote and news.
WTF key metrics FAQ
What is Waton Financial's return on equity?
Waton Financial's return on equity (ROE) was −87.9% in fiscal 2026: net income of -$15.2 million on average shareholders' equity of $17.2 million.
What is Waton Financial's ROIC?
Waton Financial's return on invested capital was −127.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Waton Financial have?
Waton Financial had total debt of $2.6 million at the end of fiscal 2026, a debt-to-equity ratio of 0.12 and more cash than debt.
What is Waton Financial's free cash flow yield?
Waton Financial generated -$7.4 million of free cash flow in fiscal 2026, a free cash flow yield of −4.6% on its market value at year-end ($161.1 million).
What is Waton Financial's current ratio?
Waton Financial's current ratio was 1.54 at the end of fiscal 2026: current assets were 1.54 times current liabilities.