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Oriental Watch Holdings (0398) Ratios
Oriental Watch Holdings Ratios
HK:0398's free cash flow for Q4 2026 was $119.15M. For the 2026 fiscal year, HK:0398's free cash flow was decreased by $-27.39M and operating cash flow was $146.54M. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 5.06 | 4.77 | 3.82 | 3.98 | 4.19 |
| Quick Ratio | 3.68 | 3.42 | 2.78 | 3.06 | 3.19 |
| Cash Ratio | 2.82 | 2.41 | 2.09 | 2.31 | 2.64 |
| Solvency Ratio | 0.69 | 0.74 | 0.72 | 0.66 | 0.63 |
| Operating Cash Flow Ratio | 0.92 | 0.83 | 0.81 | 0.96 | 1.55 |
| Short-Term Operating Cash Flow Coverage | 2.98 | 0.00 | 2.62 | 3.67 | 26.20 |
| Net Current Asset Value | $ 1.24B | $ 1.17B | $ 1.05B | $ 1.13B | $ 1.19B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.09 | 0.09 | 0.11 | 0.13 | 0.16 |
| Debt-to-Equity Ratio | 0.12 | 0.11 | 0.15 | 0.19 | 0.23 |
| Debt-to-Capital Ratio | 0.10 | 0.10 | 0.13 | 0.16 | 0.19 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.26 | 1.28 | 1.33 | 1.38 | 1.41 |
| Debt Service Coverage Ratio | 2.74 | 31.60 | 2.58 | 3.25 | 12.89 |
| Interest Coverage Ratio | 30.29 | 26.27 | 25.65 | 27.85 | 37.40 |
| Debt to Market Cap | 0.06 | 0.00 | 0.08 | 0.06 | 0.01 |
| Interest Debt Per Share | 0.45 | 0.42 | 0.57 | 0.75 | 0.99 |
| Net Debt to EBITDA | -1.61 | -1.26 | -1.21 | -1.24 | -1.20 |
| Profitability Margins | |||||
| Gross Profit Margin | 28.27% | 31.47% | 31.62% | 28.40% | 28.93% |
| EBIT Margin | 9.12% | 10.10% | 9.63% | 10.98% | 14.02% |
| EBITDA Margin | 13.46% | 14.72% | 14.37% | 15.85% | 18.56% |
| Operating Profit Margin | 9.12% | 8.96% | 9.63% | 10.98% | 12.36% |
| Pretax Profit Margin | 9.58% | 9.76% | 10.90% | 11.88% | 14.11% |
| Net Profit Margin | 5.26% | 5.81% | 6.88% | 7.97% | 9.96% |
| Continuous Operations Profit Margin | 5.26% | 5.81% | 6.90% | 7.98% | 9.97% |
| Net Income Per EBT | 54.94% | 59.57% | 63.18% | 67.13% | 70.62% |
| EBT Per EBIT | 104.96% | 108.87% | 113.13% | 108.16% | 114.09% |
| Return on Assets (ROA) | 7.87% | 8.94% | 10.49% | 11.28% | 12.59% |
| Return on Equity (ROE) | 9.95% | 11.44% | 13.96% | 15.59% | 17.82% |
| Return on Capital Employed (ROCE) | 16.02% | 16.30% | 17.89% | 18.90% | 18.80% |
| Return on Invested Capital (ROIC) | 8.35% | 9.30% | 9.98% | 11.40% | 12.54% |
| Return on Tangible Assets | 7.87% | 8.94% | 10.49% | 11.28% | 12.59% |
| Earnings Yield | 11.20% | 11.62% | 14.20% | 13.94% | 17.84% |
| Efficiency Ratios | |||||
| Receivables Turnover | 12.11 | 11.76 | 14.63 | 11.08 | 14.28 |
| Payables Turnover | 102.18 | 92.45 | 71.24 | 69.47 | 73.32 |
| Inventory Turnover | 5.25 | 5.07 | 5.62 | 6.18 | 5.33 |
| Fixed Asset Turnover | 9.22 | 8.72 | 7.47 | 6.58 | 5.48 |
| Asset Turnover | 1.50 | 1.54 | 1.52 | 1.41 | 1.26 |
| Working Capital Turnover Ratio | 2.55 | 2.74 | 2.80 | 2.52 | 2.35 |
| Cash Conversion Cycle | 96.14 | 99.09 | 84.82 | 86.71 | 89.10 |
| Days of Sales Outstanding | 30.13 | 31.04 | 24.95 | 32.93 | 25.56 |
| Days of Inventory Outstanding | 69.58 | 71.99 | 64.99 | 59.03 | 68.51 |
| Days of Payables Outstanding | 3.57 | 3.95 | 5.12 | 5.25 | 4.98 |
| Operating Cycle | 99.71 | 103.03 | 89.94 | 91.96 | 94.07 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.64 | 0.59 | 0.71 | 0.92 | 1.54 |
| Free Cash Flow Per Share | 0.54 | 0.54 | 0.60 | 0.82 | 1.39 |
| Dividend Paid and CapEx Coverage Ratio | 1.35 | 1.12 | 1.03 | 1.09 | 1.80 |
| Capital Expenditure Coverage Ratio | 6.45 | 11.69 | 6.49 | 9.51 | 10.33 |
| Operating Cash Flow Coverage Ratio | 1.48 | 1.48 | 1.30 | 1.27 | 1.60 |
| Operating Cash Flow to Sales Ratio | 0.09 | 0.08 | 0.10 | 0.12 | 0.21 |
| Free Cash Flow Yield | 16.32% | 15.27% | 16.64% | 18.85% | 33.42% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 8.92 | 8.63 | 7.04 | 7.18 | 5.61 |
| Price-to-Sales (P/S) Ratio | 0.47 | 0.50 | 0.48 | 0.57 | 0.56 |
| Price-to-Book (P/B) Ratio | 0.89 | 0.98 | 0.98 | 1.12 | 1.00 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 6.13 | 6.55 | 6.01 | 5.31 | 2.99 |
| Price-to-Operating Cash Flow Ratio | 5.18 | 5.99 | 5.08 | 4.75 | 2.70 |
| Price-to-Earnings Growth (PEG) Ratio | -0.91 | -0.44 | -0.43 | -0.41 | 0.08 |
| Enterprise Value Multiple | 1.88 | 2.14 | 2.16 | 2.37 | 1.81 |
| Enterprise Value | 865.97M | 1.08B | 1.13B | 1.39B | 1.22B |
| EV to EBITDA | 1.88 | 2.14 | 2.16 | 2.37 | 1.81 |
| EV to Sales | 0.25 | 0.31 | 0.31 | 0.38 | 0.34 |
| EV to Free Cash Flow | 3.30 | 4.12 | 3.86 | 3.49 | 1.80 |
| EV to Operating Cash Flow | 2.79 | 3.76 | 3.26 | 3.12 | 1.62 |
| Tangible Book Value Per Share | 3.72 | 3.60 | 3.69 | 3.89 | 4.18 |
| Shareholders’ Equity Per Share | 3.71 | 3.60 | 3.68 | 3.89 | 4.18 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.45 | 0.40 | 0.37 | 0.33 | 0.29 |
| Revenue Per Share | 7.02 | 7.08 | 7.47 | 7.60 | 7.47 |
| Net Income Per Share | 0.37 | 0.41 | 0.51 | 0.61 | 0.74 |
| Tax Burden | 0.55 | 0.60 | 0.63 | 0.67 | 0.71 |
| Interest Burden | 1.05 | 0.97 | 1.13 | 1.08 | 1.01 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.19 | 0.17 | 0.07 | 0.07 | 0.07 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.95 | 0.86 | 1.39 | 1.51 | 2.07 |
Currency in HKD
