Friday 6 November 2026
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Phoenix Asia Holdings Limited
PHOE Industrials Engineering & Construction
Phoenix Asia Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $7.2 million, down 2.24% from fiscal 2025.
18.29
1.92
+11.73%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 2 | 6 | 7 | 7 | +47.9% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | 25.37 | 25.79 | 29.52 | 4.58 | (20.8) pt | ||||||
| EBT | — | — | — | — | — | — | 0 | 1 | 1 | (1) | n/m | ||||||
| EBT margin, % | — | — | — | — | — | — | 17.58 | 21.54 | 17.60 | (16.70) | (34.3) pt | ||||||
| Net income | — | — | — | — | — | — | 0 | 1 | 1 | (1) | n/m | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 0.14 | 0.36 | 0.41 | 0.34 | +34.3% | |||||
| Earnings | — | — | — | — | — | — | 0.02 | 0.07 | 0.06 | (0.06) | n/m | ||||||
| Cash flow | — | — | — | — | — | — | 0.00 | 0.03 | 0.07 | (0.27) | +323.8% | ||||||
| Capex | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | — | — | 0.00 | 0.03 | 0.06 | (0.27) | +276.3% | ||||||
| Book value | — | — | — | — | — | — | 0.04 | 0.11 | 0.17 | 0.29 | +92.0% | ||||||
| Shares, m | — | — | — | — | — | — | 16 | 16 | 18 | 21 | +10.1% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | — | — | — | |||||
| P/S | — | — | — | — | — | — | — | — | — | — | — | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/FCF | — | — | — | — | — | — | (1.18) | (1.18) | (1.18) | 0.10 | (0.9) | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 0 | 1 | 1 | (6) | +364.6% | |||||
| Capex | — | — | — | — | — | — | 0 | 0 | 0 | — | +34.9% | ||||||
| Free cash flow | — | — | — | — | — | — | 0 | 1 | 1 | (6) | +315.8% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 1 | 1 | 3 | 5 | +110.0% | |||||
| Net debt | — | — | — | — | — | — | 0 | (1) | (2) | (1) | +34.3% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | 1 | 2 | 3 | 6 | +111.4% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | 39.85 | 22.62 | (18.92) | (18.9) pt | |||||
| ROIC | — | — | — | — | — | — | 81.94 | 92.09 | 108.50 | (14.34) | (96.3) pt | ||||||
| ROE | — | — | — | — | — | — | 0.00 | 89.52 | 42.60 | (25.92) | (25.9) pt | ||||||
| People | |||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 29 | 21 | 32 | +5.0% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 0.20 | 0.35 | 0.23 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026
Phoenix Asia Holdings Limited vs peers in Engineering & Construction (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 |
|---|---|---|---|---|---|---|---|---|---|
| BWMN Bowman Consulting Group Ltd. | $745.4M | 102× | 58.6× | +19.69% (above 0%: growing) | n/m | −457.88% (below 0%: shrinking) | 53.20% | 5.57% | Compare |
| CDNL Cardinal Infrastructure Group Inc. | $597.5M | — | — | — | — | −728.05% (below 0%: shrinking) | 15.88% | 6.82% | Compare |
| ITG ITG Inc. | $525.2M | — | — | — | — | — | 17.81% | 5.58% | Compare |
| BBCP CONCRETE PUMPING HOLDINGS, INC. | $479.8M | 56.4× | 51.2× | +12.63% (above 0%: growing) | +28.57% (above 0%: growing) | −28.85% (below 0%: shrinking) | 38.74% | 12.92% | Compare |
| PHOE Phoenix Asia Holdings Limited | $396.2M | — | — | — | — | −1,148.32% (below 0%: shrinking) | — | — | |
| ORN Orion Group Holdings, Inc. | $280.1M | 45.9× | 35.0× | +13.80% (above 0%: growing) | +68.88% (above 0%: growing) | −141.07% (below 0%: shrinking) | 12.94% | 3.33% | Compare |
| MTRX Matrix Service Company | $243.9M | 33.0× | 15.7× | +3.55% (above 0%: growing) | n/m | −35.06% (below 0%: shrinking) | 8.23% | 2.04% | Compare |
| OPAL OPAL Fuels Inc. | $239.3M | — (loss-making) | 5.8× | +3.66% (above 0%: growing) | n/m | +43.29% (above 0%: growing) | 29.34% | (3.61%) | Compare |
| MAGH Magnitude International Ltd | $236.6M | — | — | — | — | — | — | — | Compare |
| Median of peers | $379.9M | 51.2× | 35.0× | +12.63% | — | −88.06% | 17.81% | 5.57% |