EFT Solutions Holdings Limited's (HKG:8062) Share Price Not Quite Adding Up

With a median price-to-sales (or "P/S") ratio of close to 1.5x in the IT industry in Hong Kong, you could be forgiven for feeling indifferent about EFT Solutions Holdings Limited's (HKG:8062) P/S ratio of 1.4x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. See our latest analysis for EFT Solutions Holdings SEHK:8062 Price to Sales Ratio vs Industry November 19th 2025 How EFT Solutions Holdings Has Been Performing For instance, EFT Solutions Holdings' receding revenue in recent times would have to be some food for thought. Perhaps investors believe the recent revenue performance is enough to keep in line with the industry, which is keeping the P/S from dropping off. If you like the company, you'd at least be hoping this is the case so that you could potentially pick up some stock while it's not quite in favour. We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on EFT Solutions Holdings' earnings, revenue and cash flow. Is There Some Revenue Growth Forecasted For EFT Solutions Holdings? EFT Solutions Holdings' P/S ratio would be typical for a company that's only expected to deliver moderate growth, and importantly, perform in line with the industry. Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 29%. This means it has also seen a slide in revenue over the longer-term as revenue is down 15% in total over the last three years. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time. Comparing that to the industry, which is predicted to deliver 15% growth in the next 12 months, the company's downward momentum based on recent medium-term revenue results is a sobering picture. In light of this, it's somewhat alarming that EFT Solutions Holdings' P/S sits in line with the majority of other companies. It seems most investors are ignoring the recent poor growth rate and are hoping for a turnaround in the company's business prospects. Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh on the share price eventually. What Does EFT Solutions Holdings' P/S Mean For Investors? Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company. Our look at EFT Solutions Holdings revealed its shrinking revenues over the medium-term haven't impacted the P/S as much as we anticipated, given the industry is set to grow. Even though it matches the industry, we're uncomfortable with the current P/S ratio, as this dismal revenue performance is unlikely to support a more positive sentiment for long. Unless the recent medium-term conditions improve markedly, investors will have a hard time accepting the share price as fair value. Plus, you should also learn about these 2 warning signs we've spotted with EFT Solutions Holdings (including 1 which can't be ignored). It's important to make sure you look for a great company, not just the first idea you come across. So if growing profitability aligns with your idea of a great company, take a peek at this free list of interesting companies with strong recent earnings growth (and a low P/E).