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Primech Holdings NasdaqCM:PMEC Stock Report

Last Price

US$0.65

Market Cap

US$28.6m

7D

-17.6%

1Y

n/a

Updated

04 Oct, 2024

Data

Company Financials

Primech Holdings Ltd.

NasdaqCM:PMEC Stock Report

Market Cap: US$28.6m

PMEC Stock Overview

Provides facilities and stewarding services in the public and private sectors in Singapore.

PMEC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Primech Holdings Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Primech Holdings
Historical stock prices
Current Share PriceUS$0.65
52 Week HighUS$4.18
52 Week LowUS$0.49
Beta0
11 Month Change9.98%
3 Month Change6.74%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO-56.01%

Recent News & Updates

Further Upside For Primech Holdings Ltd. (NASDAQ:PMEC) Shares Could Introduce Price Risks After 26% Bounce

Sep 26
Further Upside For Primech Holdings Ltd. (NASDAQ:PMEC) Shares Could Introduce Price Risks After 26% Bounce

Even With A 46% Surge, Cautious Investors Are Not Rewarding Primech Holdings Ltd.'s (NASDAQ:PMEC) Performance Completely

Aug 01
Even With A 46% Surge, Cautious Investors Are Not Rewarding Primech Holdings Ltd.'s (NASDAQ:PMEC) Performance Completely

Recent updates

Further Upside For Primech Holdings Ltd. (NASDAQ:PMEC) Shares Could Introduce Price Risks After 26% Bounce

Sep 26
Further Upside For Primech Holdings Ltd. (NASDAQ:PMEC) Shares Could Introduce Price Risks After 26% Bounce

Even With A 46% Surge, Cautious Investors Are Not Rewarding Primech Holdings Ltd.'s (NASDAQ:PMEC) Performance Completely

Aug 01
Even With A 46% Surge, Cautious Investors Are Not Rewarding Primech Holdings Ltd.'s (NASDAQ:PMEC) Performance Completely

Shareholder Returns

PMECUS Commercial ServicesUS Market
7D-17.6%-0.09%-0.7%
1Yn/a37.4%32.5%

Return vs Industry: Insufficient data to determine how PMEC performed against the US Commercial Services industry.

Return vs Market: Insufficient data to determine how PMEC performed against the US Market.

Price Volatility

Is PMEC's price volatile compared to industry and market?
PMEC volatility
PMEC Average Weekly Movement22.5%
Commercial Services Industry Average Movement6.7%
Market Average Movement6.4%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: PMEC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: PMEC's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20202,744Wai Ho Kinwww.primechholdings.com

Primech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include educational institutions cleaning, airport cleaning, and conservancy areas cleaning services, as well as offers cleaning of hotels, public spaces, roads, condominium, office, industrial, and retail stores. The company offers housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest control services.

Primech Holdings Ltd. Fundamentals Summary

How do Primech Holdings's earnings and revenue compare to its market cap?
PMEC fundamental statistics
Market capUS$28.58m
Earnings (TTM)-US$3.24m
Revenue (TTM)US$72.52m

0.3x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PMEC income statement (TTM)
RevenueUS$72.52m
Cost of RevenueUS$62.52m
Gross ProfitUS$10.01m
Other ExpensesUS$13.25m
Earnings-US$3.24m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.085
Gross Margin13.80%
Net Profit Margin-4.47%
Debt/Equity Ratio112.8%

How did PMEC perform over the long term?

See historical performance and comparison