ML System SA (MLS) Ratios
ML System SA Ratios
PL:MLS's free cash flow for Q2 2026 was $18.46M. For the 2026 fiscal year, PL:MLS's free cash flow was decreased by $-1.32M and operating cash flow was $19.79M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.44 | 0.60 | 0.96 | 1.16 | 1.47 |
| Quick Ratio | 0.34 | 0.39 | 0.67 | 0.72 | 0.87 |
| Cash Ratio | 0.04 | 0.04 | 0.14 | 0.18 | 0.25 |
| Solvency Ratio | -0.08 | -0.04 | 0.05 | 0.10 | 0.09 |
| Operating Cash Flow Ratio | -0.05 | 0.28 | 0.04 | 0.07 | 0.11 |
| Short-Term Operating Cash Flow Coverage | -0.09 | 0.61 | 0.09 | 0.15 | 0.31 |
| Net Current Asset Value | $ -175.08M | $ -268.48M | $ -235.18M | $ -109.97M | $ -101.71M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.32 | 0.27 | 0.26 | 0.28 | 0.24 |
| Debt-to-Equity Ratio | 1.52 | 0.91 | 0.75 | 0.81 | 0.64 |
| Debt-to-Capital Ratio | 0.60 | 0.48 | 0.43 | 0.45 | 0.39 |
| Long-Term Debt-to-Capital Ratio | 0.29 | 0.27 | 0.24 | 0.20 | 0.23 |
| Financial Leverage Ratio | 4.75 | 3.39 | 2.92 | 2.95 | 2.67 |
| Debt Service Coverage Ratio | -0.12 | -0.04 | 0.32 | 0.47 | 0.67 |
| Interest Coverage Ratio | -2.74 | -3.11 | 0.41 | 1.08 | 3.14 |
| Debt to Market Cap | 1.30 | 0.84 | 0.36 | 0.29 | 0.13 |
| Interest Debt Per Share | 23.12 | 19.53 | 22.39 | 19.32 | 14.80 |
| Net Debt to EBITDA | -10.73 | -32.09 | 4.87 | 2.57 | 2.79 |
| Profitability Margins | |||||
| Gross Profit Margin | -1.83% | 9.14% | 16.51% | 13.15% | 14.08% |
| EBIT Margin | -28.84% | -19.24% | 1.90% | 2.22% | 2.38% |
| EBITDA Margin | -11.42% | -2.45% | 13.61% | 12.66% | 12.95% |
| Operating Profit Margin | -28.84% | -19.98% | 1.59% | 2.52% | 2.34% |
| Pretax Profit Margin | -34.45% | -25.67% | -1.94% | 0.32% | 1.68% |
| Net Profit Margin | -34.54% | -25.14% | -2.40% | 0.08% | 0.92% |
| Continuous Operations Profit Margin | -34.54% | -25.14% | -2.40% | 0.08% | 0.92% |
| Net Income Per EBT | 100.29% | 97.94% | 123.88% | 24.16% | 55.01% |
| EBT Per EBIT | 119.45% | 128.49% | -121.85% | 12.55% | 71.94% |
| Return on Assets (ROA) | -8.63% | -8.22% | -0.80% | 0.05% | 0.45% |
| Return on Equity (ROE) | -40.96% | -27.85% | -2.35% | 0.15% | 1.19% |
| Return on Capital Employed (ROCE) | -11.92% | -9.00% | 0.72% | 2.53% | 1.51% |
| Return on Invested Capital (ROIC) | -8.88% | -7.48% | 0.61% | 0.49% | 0.74% |
| Return on Tangible Assets | -9.33% | -8.76% | -0.84% | 0.05% | 0.46% |
| Earnings Yield | -38.33% | -29.68% | -1.23% | 0.06% | 0.30% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.13 | 3.59 | 2.46 | 4.04 | 3.50 |
| Payables Turnover | 3.62 | 4.13 | 2.74 | 6.07 | 7.63 |
| Inventory Turnover | 6.43 | 5.20 | 3.66 | 3.68 | 2.81 |
| Fixed Asset Turnover | 0.34 | 0.46 | 0.48 | 1.18 | 0.81 |
| Asset Turnover | 0.25 | 0.33 | 0.33 | 0.65 | 0.48 |
| Working Capital Turnover Ratio | -1.50 | -5.31 | 22.10 | 8.16 | 3.77 |
| Cash Conversion Cycle | 127.13 | 83.69 | 115.13 | 129.33 | 186.17 |
| Days of Sales Outstanding | 171.13 | 101.80 | 148.40 | 90.24 | 104.18 |
| Days of Inventory Outstanding | 56.76 | 70.26 | 99.71 | 99.19 | 129.84 |
| Days of Payables Outstanding | 100.75 | 88.37 | 132.98 | 60.11 | 47.85 |
| Operating Cycle | 227.88 | 172.06 | 248.11 | 189.44 | 234.02 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -1.30 | 5.09 | 0.89 | 1.59 | 1.60 |
| Free Cash Flow Per Share | -2.60 | -0.49 | -24.21 | -5.50 | -7.61 |
| Dividend Paid and CapEx Coverage Ratio | -1.00 | 0.91 | 0.04 | 0.22 | 0.17 |
| Capital Expenditure Coverage Ratio | -1.00 | 0.91 | 0.04 | 0.22 | 0.17 |
| Operating Cash Flow Coverage Ratio | -0.06 | 0.28 | 0.04 | 0.09 | 0.11 |
| Operating Cash Flow to Sales Ratio | -0.08 | 0.23 | 0.03 | 0.04 | 0.05 |
| Free Cash Flow Yield | -17.33% | -2.61% | -44.84% | -9.94% | -8.46% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -2.61 | -3.37 | -81.17 | 1670.76 | 329.12 |
| Price-to-Sales (P/S) Ratio | 0.90 | 0.85 | 1.95 | 1.28 | 3.04 |
| Price-to-Book (P/B) Ratio | 1.07 | 0.94 | 1.90 | 2.45 | 3.93 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -5.77 | -38.29 | -2.23 | -10.07 | -11.82 |
| Price-to-Operating Cash Flow Ratio | -11.52 | 3.66 | 60.92 | 34.81 | 56.31 |
| Price-to-Earnings Growth (PEG) Ratio | -0.66 | -0.00 | 0.04 | -19.05 | -3.90 |
| Enterprise Value Multiple | -18.62 | -66.61 | 19.20 | 12.64 | 26.29 |
| Enterprise Value | 261.17M | 265.17M | 504.98M | 450.89M | 643.00M |
| EV to EBITDA | -18.62 | -66.61 | 19.20 | 12.64 | 26.29 |
| EV to Sales | 2.13 | 1.63 | 2.61 | 1.60 | 3.41 |
| EV to Free Cash Flow | -13.61 | -73.88 | -2.99 | -12.63 | -13.23 |
| EV to Operating Cash Flow | -27.18 | 7.05 | 81.63 | 43.69 | 63.01 |
| Tangible Book Value Per Share | 26.35 | 15.70 | 24.76 | 19.96 | 21.04 |
| Shareholders’ Equity Per Share | 14.04 | 19.84 | 28.36 | 22.58 | 22.90 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.00 | 0.02 | -0.24 | 0.76 | 0.45 |
| Revenue Per Share | 16.64 | 21.99 | 27.69 | 43.44 | 29.57 |
| Net Income Per Share | -5.75 | -5.53 | -0.67 | 0.03 | 0.27 |
| Tax Burden | 1.00 | 0.98 | 1.24 | 0.24 | 0.55 |
| Interest Burden | 1.19 | 1.33 | -1.02 | 0.14 | 0.71 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 |
| SG&A to Revenue | 0.28 | 0.30 | 0.14 | 0.08 | 0.13 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.23 | -0.90 | -1.33 | 11.60 | 3.22 |
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