Monday 2 November 2026
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Euro Tech Holdings Company Limited
CLWT Industrials Pollution & Treatment Controls
Euro Tech Holdings Company Limited’s revenue for fiscal 2025 (year ended December 2025) was $13.3 million, down 13.8% from fiscal 2024.
1.33
0.01
−0.75%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 22 | 17 | 20 | 17 | 13 | 21 | 15 | 18 | 15 | 13 | (5.7%) | — | — | — | — | |
| Gross margin, % | 22.03 | 25.44 | 18.40 | 25.39 | 27.59 | 26.63 | 30.89 | 21.52 | 28.95 | 27.70 | +5.7 pt | ||||||
| EBT | (1) | (1) | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 0 | n/m | ||||||
| EBT margin, % | (2.85) | (3.25) | (1.86) | (0.99) | 3.73 | 5.97 | 3.77 | 9.45 | 5.96 | 1.46 | +4.3 pt | ||||||
| Net income | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 2 | 1 | 0 | (4.2%) | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 2.91 | 2.24 | 3.90 | 5.04 | 1.73 | 2.77 | 1.93 | 2.32 | 1.99 | 1.74 | (5.5%) | |||||
| Earnings | 0.03 | 0.06 | 0.01 | (0.02) | 0.10 | 0.13 | 0.05 | 0.24 | 0.10 | 0.02 | (4.2%) | ||||||
| Cash flow | 0.02 | 0.08 | (0.26) | (0.08) | (0.26) | 0.28 | 0.06 | (0.01) | 0.10 | (0.19) | n/m | ||||||
| Capex | (0.01) | 0.00 | (0.02) | (0.01) | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (19.7%) | ||||||
| Free cash flow | 0.01 | 0.08 | (0.28) | (0.08) | (0.03) | 0.28 | 0.06 | (0.01) | 0.10 | (0.19) | n/m | ||||||
| Book value | 2.15 | 2.21 | 3.02 | 4.44 | 1.87 | 1.91 | 1.91 | 2.13 | 2.16 | 2.18 | +0.2% | ||||||
| Shares, m | 8 | 8 | 5 | 3 | 8 | 8 | 8 | 8 | 8 | 8 | (0.2%) | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 16.13 | 9.26 | 7.44 | 20.13 | 17.38 | 15.00 | 8.5 | |||||
| P/S | 0.00 | 0.00 | 0.00 | 0.19 | 0.32 | 0.47 | 0.29 | 0.36 | 0.31 | 0.27 | 0.2 | ||||||
| P/B | 1.65 | 0.40 | 0.38 | 0.45 | 0.69 | 1.11 | 0.70 | 0.76 | 0.64 | 0.56 | 0.7 | ||||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 0.02 | 0.17 | 0.29 | 0.11 | 0.17 | 0.12 | 0.12 | 0.1 | ||||||
| EV/FCF | (3.93) | (0.86) | 0.10 | (0.91) | (4.01) | 37.44 | 1.87 | 2.53 | 1.19 | (15.44) | 1.8 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 0 | 1 | (1) | 0 | (2) | 2 | 0 | 0 | 1 | (1) | n/m | |||||
| Capex | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | (19.6%) | ||||||
| Free cash flow | 0 | 1 | (1) | 0 | 0 | 2 | 0 | 0 | 1 | (1) | n/m | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 3 | 3 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | +4.6% | |||||
| Net debt | (3) | (4) | (7) | (6) | (5) | (6) | (6) | (6) | (7) | (5) | +4.7% | ||||||
| Shareholders’ equity | 17 | 17 | 16 | 15 | 14 | 15 | 15 | 16 | 17 | 17 | 0.0% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 1.04 | 2.02 | 0.38 | (0.64) | 3.64 | 4.78 | 1.82 | 8.81 | 3.43 | 0.75 | (0.3) pt | |||||
| ROIC | (3.15) | (2.81) | (7.40) | (2.97) | (11.04) | 5.74 | 0.89 | (1.56) | 2.45 | (1.26) | +1.9 pt | ||||||
| ROE | 1.40 | 2.81 | 0.54 | (0.95) | 5.16 | 6.76 | 2.49 | 11.69 | 4.43 | 0.94 | (0.5) pt | ||||||
| People | |||||||||||||||||
| People | Employees | 65 | 59 | 54 | 50 | 43 | 37 | 24 | 23 | 23 | 24 | (10.5%) | |||||
| Revenue/emp, $m | 0.35 | 0.29 | 0.37 | 0.35 | 0.31 | 0.58 | 0.62 | 0.78 | 0.67 | 0.55 | +5.3% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Mar 2016 · fundamentals updated 26 Oct 2026
Euro Tech Holdings Company Limited vs peers in Pollution & Treatment Controls (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ARQ Arq, Inc. | $77.3M | — (loss-making) | — (loss-making) | +4.54% (above 0%: growing) | n/m | +46.21% (above 0%: growing) | 38.52% | (0.23%) | Compare |
| FTEK Fuel Tech, Inc. | $45.3M | — (loss-making) | — (loss-making) | +16.68% (above 0%: growing) | n/m | −1,603.51% (below 0%: shrinking) | 41.25% | (24.13%) | Compare |
| SCWO 374Water Inc. | $43.4M | — (loss-making) | — | +280.17% (above 0%: growing) | n/m | +85.28% (above 0%: growing) | 87.67% | (71.70%) | Compare |
| BCHT Birchtech Corp. | $29.7M | — (loss-making) | — (loss-making) | +16.50% (above 0%: growing) | n/m | −68.00% (below 0%: shrinking) | 27.24% | (42.81%) | Compare |
| CLIR ClearSign Technologies Corporation | $15.7M | — (loss-making) | — (loss-making) | +321.05% (above 0%: growing) | n/m | −137.48% (below 0%: shrinking) | 40.71% | (267.50%) | Compare |
| TOMZ TOMI Environmental Solutions, Inc. | $15.7M | — (loss-making) | — (loss-making) | +117.91% (above 0%: growing) | n/m | −531.53% (below 0%: shrinking) | 61.65% | (10.86%) | Compare |
| CLWT Euro Tech Holdings Company Limited | $9.9M | 16.6× | — | −20.86% (below 0%: shrinking) | n/m | −164.72% (below 0%: shrinking) | 18.83% | 0.00% | |
| LIQT LiqTech International, Inc. | $9.9M | — (loss-making) | — (loss-making) | −11.98% (below 0%: shrinking) | n/m | −99.23% (below 0%: shrinking) | 8.38% | (53.44%) | Compare |
| RAIN Rain Enhancement Technologies Holdco, Inc. | $6.2M | — (loss-making) | — | — | n/m | −19.67% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $22.7M | — | — | +16.68% | — | −83.61% | 39.62% | (33.47%) |