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Primech Holdings Ltd. Ordinary Shares (PMEC)

NASDAQ Industrials Specialty Business Services
$0.46 ▼ -1.05%
Market Cap
$17.7M
Sector
Industrials
Industry
Specialty Business Services
Beta
1.19
52-Wk Range
0.31-2.44
CEO
Kin Wai
Country
SG
Currency
USD

Primech Holdings Ltd. Ordinary Shares operates in the Specialty Business Services industry of the Industrials sector, headquartered in Singapore, SE, SG. The stock last traded at $0.46, down 1.05% on the session, giving a market capitalisation of $17.7M. On trailing twelve-month figures it carries a trailing P/E of -7.26, a net margin of -3.1%. Its beta of 1.19 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-7.26
Price / Sales
0.23
Price / Book
1.33
EV / EBITDA
-5.47
Gross margin
13.5%
Operating margin
-6.4%
Net margin
-3.1%
Return on equity
Debt / equity
1.40
Current ratio
1.36
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
3,117
IPO date
2023-10-09
Headquarters
Singapore, SE, SG
About Primech Holdings Ltd. Ordinary Shares

Primech Holdings Ltd. (PMEC) is a Singaporean company specializing in comprehensive facility management and stewarding services for both public and private sector clients. Its facility management division encompasses routine cleaning and maintenance for a diverse array of public and private premises. This includes major transport hubs (like airports), public spaces (such as parks, conservancy areas, and public roads), residential properties (including public housing estates and common areas of condominiums), commercial and industrial sites (offices, retail stores, factories), educational institutions, and healthcare facilities. Beyond general upkeep, Primech also provides professional housekeeping services, alongside specialized cleaning solutions like marble polishing, building façade maintenance, and clean room sanitization. Waste management and pest control complete this segment of their offerings. Furthermore, Primech delivers stewarding services, primarily focusing on kitchen hygiene and cleaning for hotels, restaurants, and healthcare facilities. This segment also involves the provision of temporary customer service officers and food and beverage staff to these same sectors. The company also manages HomeHelpy, an online platform enabling individual clients to easily book cleaning services for their homes and offices. Additionally, Primech manufactures and distributes a range of cleaning supplies, including hand soaps, dispensers, various cleaning fluids, and garbage bags, tailored for general, floor, carpet, restroom, and kitchen applications. They also market specialized treatment products for the marine industry under their D'Bond brand. Established in Singapore in 2020, Primech Holdings Ltd. operates as a subsidiary of Sapphire Universe Holdings Limited.

Comparable companies

Primech Holdings Ltd. Ordinary Shares is most often compared with the following Industrials names:

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