Tungray Technologies Inc Class A Ordinary Shares
Financial ratios & Valuation

Historical Multiples (2020 – 2023)

2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
73.3121.2530.9865.54N/A26.12
Price/Sales ratio
9.435.005.484.17N/A5.24
Price/Book Value ratio
10.396.955.704.84N/A6.33
Price/Cash Flow ratio
28.0514.5924.63133.03N/A19.61
Price/Free Cash Flow ratio
81.4915.1125.66162.26N/A20.38
Price/Earnings Growth ratio
N/A0.08-0.98-1.23N/A-0.44
Dividend Yield
N/AN/A1.84%2.12%N/A0.92%
Profitability Indicator Ratios
Gross Profit Margin
48.27%51.91%56.30%46.90%N/A54.10%
Operating Profit Margin
16.60%26.84%19.66%7.83%N/A23.25%
Pretax Profit Margin
16.16%27.56%20.81%9.18%N/A24.18%
Net Profit Margin
12.86%23.52%17.70%6.37%N/A20.61%
Effective Tax Rate
20.42%14.67%15.21%38.20%N/A14.94%
Return on Assets
6.17%15.98%10.89%3.40%N/A13.44%
Return On Equity
14.17%32.74%18.40%7.39%N/A25.57%
Return on Capital Employed
12.17%28.85%17.22%6.07%N/A23.04%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/A
Quick Ratio
1.571.772.141.94N/A1.95
Cash ratio
0.931.191.701.29N/A1.45
Days of Sales Outstanding
131.3095.5368.5496.76N/A82.04
Days of Inventory outstanding
108.4079.9173.85109.30N/A76.88
Operating Cycle
239.70175.44142.40206.06N/A158.92
Days of Payables Outstanding
123.8295.8485.3974.04N/A90.62
Cash Conversion Cycle
115.8779.6057.00132.02N/A68.30
Debt Ratios
Debt Ratio
0.210.180.160.07N/A0.17
Debt Equity Ratio
0.490.380.280.16N/A0.33
Long-term Debt to Capitalization
0.300.200.170.13N/A0.18
Total Debt to Capitalization
0.330.270.210.14N/A0.24
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.751.240.820.21N/A1.03
Company Equity Multiplier
2.292.041.682.16N/A1.86
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.330.340.220.03N/A0.28
Free Cash Flow / Operating Cash Flow Ratio
0.340.960.950.81N/A0.96
Cash Flow Coverage Ratio
0.751.240.820.21N/A1.03
Short Term Coverage Ratio
5.973.693.163.21N/A3.42
Dividend Payout Ratio
N/AN/A57.19%139.37%N/A28.59%