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IT Tech Packaging Inc

ITP Basic Materials Paper & Paper Products

IT Tech Packaging Inc’s revenue for fiscal 2024 (year ended December 2024) was $75.8 million, down 12.4% from fiscal 2023.

Revenue: +2.07%
EPS: +45.0%
Free cash flow: +22.1%

Quarter to September 2025, against a year earlier

0.11 0.01 −8.33%

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Market cap: $2.0M
P/E: 0.0×
Fwd P/E: 21.1×
Dividend yield: —
F-score: 6/9
Altman Z: 1.08
Beneish M: −3.64
Dividend safety: n/a

Overview

Insider Decisions last twelve months

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Size

Market Cap 2.02

Revenue ttm 78.94

Net income ttm (10.95)

Free cash flow ttm 3.82

Net debt Q 0.96

Valuation

P/E 0.00

Forward P/E 21.10

Price / sales 0.02

Forward P/S Powerpack

Price / FCF 0.43

Price / book 0.01

Financial health

Current ratio Q 1.92

Debt / equity Q 0.07

Interest coverage Q (6.64)

Growth

Revenue growth Q +2.07%

Operating income growth Q +31.69%

EPS, this year —

EPS, next year A —

Revenue, next year A +1,187.09%

EPS, past 5 yrs —

EPS, next 5 yrs A +20.00%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.33%

10-year low 10-year high

P/B against its own 10 years 0.33%

10-year low 10-year high

EV/Sales against its own 10 years 1.97%

10-year low 10-year high

EV/FCF against its own 10 years 5.04%

10-year low 10-year high

Dividends

Yield: —
Annual rate: —
Payout ratio: —

Assets vs Liabilities $m

	2022	2023	2024	Q'25
Cash	10	4	7	9
Receivables	8	1	1	3
Inventory	3	4	2	4
Other	—	—	—	—
	47	28	28	36

	2022	2023	2024	Q'25
Payables	0	0	0	—
ST’ Debt	10	7	8	5
Other	7	0	0	0
	18	21	20	19

Compound Annual Growth %

	10y	5y	3y
Sales	(5.75%)	(8.40%)	(22.17%)
Cash Flow	(15.08%)	(3.51%)	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(1.14%)	(1.23%)	(10.24%)

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.35)	(0.16)	(0.11)	—	—
’24	(0.37)	(0.01)	(0.20)	(0.40)	(0.98)
’23	(0.27)	(0.12)	(0.20)	(0.40)	(0.99)
’22	(0.30)	(0.03)	(0.19)	(1.19)	(1.66)
’21	(1.20)	(0.01)	0.03	0.70	0.10
’20	(1.10)	(0.40)	(0.20)	(0.60)	(2.10)
’19	(1.20)	0.20	1.10	1.00	1.00

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	11	25	26	—	—
’24	7	26	25	18	76
’23	20	30	16	21	87
’22	15	32	32	21	100
’21	24	47	45	45	161
’20	9	26	33	32	101
’19	17	34	33	34	118

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(2)	1	1	—	—
’24	1	1	1	3	6
’23	5	1	2	5	13
’22	4	0	3	3	11
’21	(8)	(7)	9	4	(2)
’20	7	(1)	(3)	14	16
’19	(3)	2	5	3	8

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(2)	1	2	—	—
’24	1	1	1	3	6
’23	5	(4)	(2)	(8)	(9)
’22	(3)	(1)	3	1	0
’21	(8)	(7)	(3)	(8)	(28)
’20	6	(1)	(5)	(4)	(4)
’19	(4)	0	4	1	1

Fiscal quarters ending in the months shown.

Group	Line	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM Sep ’25	Trend	10 yrs	2025e	2026e	2027e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	—	135	117	87	118	101	161	100	87	76	79		(6.9%)	976	1,043	—	+270.9%
	Gross margin, %	—	18.95	17.05	6.71	11.63	5.65	6.85	4.74	1.16	8.82	5.69		(10.1) pt	Powerpack IT Tech Packaging Inc’s next three years, line by line Analysts expect revenue to grow 270.9% a year to 2027 — faster than the −6.9% of the last 8 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	—	10	2	(12)	3	(7)	6	(5)	(10)	(9)	(11)		n/m
	EBT margin, %	—	7.74	1.98	(14.29)	2.80	(6.59)	4.01	(4.84)	(11.09)	(11.82)	(13.32)		(19.6) pt
	Net income	—	7	2	(11)	2	(6)	1	(17)	(10)	(10)	(11)		n/m
Per share, $
Per share, $	Revenue	—	62.92	54.56	40.13	53.38	38.09	17.62	10.06	8.60	7.53	5.80		(23.3%)
	Earnings	—	3.40	0.80	(4.90)	1.00	(2.10)	0.10	(1.66)	(0.99)	(0.98)	(1.02)		n/m
	Cash flow	—	7.13	8.46	4.24	3.42	6.09	(0.27)	1.07	1.28	0.63	0.28		(26.2%)
	Capex	—	(5.39)	(4.35)	(1.02)	(2.91)	(7.75)	(2.75)	(1.09)	(2.21)	(0.03)	0.00		(47.2%)
	Free cash flow	—	1.74	4.12	3.22	0.51	(1.65)	(3.01)	(0.02)	(0.93)	0.59	0.28		(12.6%)
	Book value	—	80.67	86.40	77.04	75.33	66.07	23.62	18.18	16.72	15.50	11.17		(18.6%)
	Shares, m	—	2	2	2	2	3	9	10	10	10	11		+21.3%
Valuation, ×
Valuation, ×	P/E	—	3.38	18.38	0.00	8.55	0.00	0.00	0.00	0.00	0.00	0.00		3.4
	P/S	—	0.18	0.24	0.16	0.18	0.15	0.13	0.05	0.04	0.08	0.02		0.1
	P/B	—	0.14	0.15	0.08	0.12	0.08	0.10	0.03	0.02	0.04	0.01		0.1
	EV/Sales	—	0.30	0.38	0.26	0.26	0.27	0.16	0.10	0.13	0.11	0.03		0.2
	EV/FCF	—	10.75	5.02	3.26	26.94	(6.16)	(0.94)	(57.96)	(1.18)	1.41	0.68		(2.1)
Cash, $m
Cash, $m	Operating cash flow	—	15	18	9	8	16	(2)	11	13	6	4		(10.5%)
	Capex	—	(12)	(9)	(2)	(6)	(21)	(25)	(11)	(22)	0	0		(35.9%)
	Free cash flow	—	4	9	7	1	(4)	(28)	0	(9)	6	4		+6.0%
Balance, $m
Balance, $m	Working capital	—	(6)	(2)	(5)	7	(3)	35	30	7	8	17		n/m
	Net debt	—	15	16	9	9	12	5	6	8	2	1		(20.8%)
	Shareholders’ equity	—	173	185	167	166	175	216	181	168	156	152		(1.3%)
Returns, %
Returns, %	ROA	—	3.27	0.78	(5.00)	1.13	(2.85)	0.41	(7.43)	(4.98)	(5.29)	(5.99)		(8.6) pt
	ROIC	—	4.30	1.45	(3.98)	1.39	(1.82)	0.41	(1.77)	(3.40)	(3.24)	(4.06)		(7.5) pt
	ROE	—	4.20	0.93	(5.99)	1.34	(3.26)	0.46	(8.35)	(5.69)	(6.07)	(6.92)		(10.3) pt
People
People	Employees	—	475	527	537	428	333	366	380	383	383	—		(2.7%)
	Revenue/emp, $m	—	0.28	0.22	0.16	0.27	0.30	0.44	0.26	0.23	0.20	—		(4.4%)

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2024 · latest quarter Sep 2025

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SUZ Suzano S.A. Sponsored ADR	$11.7B	4.8×	—	−2.26% (below 0%: shrinking)	−59.15% (below 0%: shrinking)	+85.24% (above 0%: growing)	24.41%	24.06%	Compare
SLVM Sylvamo Corporation	$1.3B	17.3×	22.5×	+1.51% (above 0%: growing)	n/m	−1,050.00% (below 0%: shrinking)	16.38%	2.48%	Compare
CLW Clearwater Paper Corporation	$224.2M	87.0×	— (loss-making)	−3.53% (below 0%: shrinking)	n/m	+1.27% (above 0%: growing)	5.51%	0.65%	Compare
MERC Mercer International Inc.	$16.7M	— (loss-making)	— (loss-making)	−3.80% (below 0%: shrinking)	n/m	+65.88% (above 0%: growing)	(2.64%)	(8.79%)	Compare
ITP IT Tech Packaging Inc	$2.0M	— (loss-making)	21.1×	+2.07% (above 0%: growing)	n/m	+22.05% (above 0%: growing)	7.90%	(3.91%)
Median of peers	$767.1M	17.3×	—	−2.89%	—	+33.58%	10.95%	1.57%

All 5 Paper & Paper Products stocks →

Pay and ownership Proxy statement filed 8 September 2025

Ownership

Directors and executive officers, together 3.20%

Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement