FIT Hon Teng Limited

Company Profile

FIT Hon Teng Limited had its IPO on under the ticker symbol FITGF.

The company operates in the Technology sector and Electronic Components industry. FIT Hon Teng Limited has a staff strength of 53,544 employees.

Stock update

Shares of FIT Hon Teng Limited opened at $0.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.13 - $0.13, and closed at $0.13.

This is a +9.84% increase from the previous day's closing price.

A total volume of 100 shares were traded at the close of the day’s session.

In the last one week, shares of FIT Hon Teng Limited have slipped by -4.96%.

FIT Hon Teng Limited's Key Ratios

FIT Hon Teng Limited has a market cap of $1.65 billion, indicating a price to book ratio of 0.8098 and a price to sales ratio of 0.3806.

In the last 12-months FIT Hon Teng Limited’s revenue was $4.53 billion with a gross profit of $767.84 million and an EBITDA of $475.62 million. The EBITDA ratio measures FIT Hon Teng Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, FIT Hon Teng Limited’s operating margin was 5.81% while its return on assets stood at 3.44% with a return of equity of 7.18%.

In Q2, FIT Hon Teng Limited’s quarterly earnings growth was a negative -36.5% while revenue growth was a negative 3.1%.

FIT Hon Teng Limited’s PE and PEG Ratio

Forward PE

9.2336

Trailing PE

9.625

PEG

0.2326

Its diluted EPS in the last 12-months stands at $0.02 per share while it has a forward price to earnings multiple of 9.2336 and a PEG multiple of 0.2326. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into FIT Hon Teng Limited’s profitability.

FIT Hon Teng Limited stock is trading at a EV to sales ratio of 0.4817 and a EV to EBITDA ratio of 8.0442. Its price to sales ratio in the trailing 12-months stood at 0.3806.

FIT Hon Teng Limited stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.55 billion

Total Liabilities

$1.54 billion

Operating Cash Flow

$-24598500.00

Capital Expenditure

$25.52 million

Dividend Payout Ratio

0%

FIT Hon Teng Limited ended 2024 with $4.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.55 billion while shareholder equity stood at $2.35 billion.

FIT Hon Teng Limited ended 2024 with $0 in deferred long-term liabilities, $1.54 billion in other current liabilities, in common stock, $0 in retained earnings and $403.26 million in goodwill. Its cash balance stood at $914.05 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $574.73 million.

FIT Hon Teng Limited’s total current assets stands at $2.76 billion while long-term investments were $0 and short-term investments were $65.83 million. Its net receivables were $720.00 million compared to accounts payable of $660.75 million and inventory worth $966.79 million.

In 2024, FIT Hon Teng Limited's operating cash flow was $-24598500.00 while its capital expenditure stood at $25.52 million.

Comparatively, FIT Hon Teng Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.13

52-Week High

$0.3394

52-Week Low

$0.09

Analyst Target Price

$

FIT Hon Teng Limited stock is currently trading at $0.13 per share. It touched a 52-week high of $0.3394 and a 52-week low of $0.3394. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.16 and 200-day moving average was $0.22 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7747.7% of the company’s stock are held by insiders while 162.4% are held by institutions.