TMD Energy Ltd (TMDE) stock analysis
TMDENYSEWholesale-Petroleum & Petroleum Products (No Bulk Stations)Fiscal year ends June 30
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Oct 29, 2026
$0.43+0.00 (+0.61%)
Close on Nov 11, 2026Market cap $10.17MP/E 4.8Yield –
Margins
Share of revenue, fiscal years 2022 to 2024
Gross margin
2.3%
Operating margin
0.9%
Net margin
0.3%
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.8% | – | – | – | |
| Gross profit | +32.7% | – | – | – | |
| Operating income | +130.3% | – | – | – | |
| Net income | -5.9% | – | – | – | |
| EPS, diluted | -10.0% | – | – | – |
Returns and balance sheet
3 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2024 | Trend |
|---|---|---|---|---|
| Current ratio | – | – | 0.86 | |
| Debt to equity | – | – | 4.50 | |
| Interest coverage | 2.3× | 2.3× | 1.3× | |
| Capex to revenue | 0.9% | 0.9% | 0.5% | |
| Diluted shares | 20M | 20M | 20M |
Cash use needs five years of cash flow figures
TMD Energy does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.3%
×Asset turnover6.42×
×Equity multiplier6.07×
=Return on equity, FY202410.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 0.3% | 6.42× | 6.07× | 10.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
4of 7 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero$1.88M
- Cash generatingOperating cash flow above zero-$24.29M
- Return on assets improvedROA up on the prior year– → 1.8%
- Earnings backed by cashOperating cash flow above net income-$24.29M vs $1.88M
- Less leverageLong-term debt to assets fell0.5% → 0.5%
- Better liquidityCurrent ratio rose0.87 → 0.86
- No dilutionShare count did not rise20M → 20M
- Gross margin improvedGross margin up on the prior year1.91% → 2.33%
- More efficientAsset turnover rose– → 6.60
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