Want to see PMEC full AI Analyst Report?
Top Page
Primech Holdings Ltd.
(NASDAQ:PMEC)
Select Model
Select Model
Rating:40Underperform
Price Target:
$0.40
▼(-20.60% Downside)
Action:Downgraded
Date:08/01/26
The score is primarily held back by weak financial performance: persistent losses, 2026 margin compression, and a shift to cash burn, alongside elevated leverage relative to profitability. Technicals also weigh on the score, with the stock trading below all key moving averages, signaling a pronounced downtrend. Valuation provides limited offset because the negative P/E reflects losses and dividend yield data is unavailable.
Positive Factors
Consistent revenue growth
Multi-year top-line expansion from ~$48M to ~$78M demonstrates durable customer demand and execution on sales/market expansion. A rising revenue base improves the opportunity for scale, fixed-cost absorption and margin recovery if cost pressures are addressed, supporting longer-term financial resilience.
Negative Factors
Margin erosion & persistent losses
Sharp gross margin compression and a shift from profit to sustained net losses materially weaken the firm’s capacity to self-fund growth or absorb shocks. Prolonged margin pressure undermines return on invested capital, strains investor confidence and makes operational fixes or price resets more urgent to restore competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Multi-year top-line expansion from ~$48M to ~$78M demonstrates durable customer demand and execution on sales/market expansion. A rising revenue base improves the opportunity for scale, fixed-cost absorption and margin recovery if cost pressures are addressed, supporting longer-term financial resilience.
Read all positive factors
Primech Holdings Ltd. (PMEC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$15.76M
Dividend YieldN/A
Average Volume (3M)60.44K
Price to Earnings (P/E)―
Beta (1Y)0.08
Revenue Growth4.92%
EPS Growth-22.39%
CountryUS
Employees2,806
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)-0.08
Shares Outstanding38,417,988
10 Day Avg. Volume130,056
30 Day Avg. Volume60,440
Financial Highlights & Ratios
PEG Ratio-0.52
Price to Book (P/B)1.98
Price to Sales (P/S)0.34
P/FCF Ratio-4.65
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Primech Holdings Ltd. Business Overview & Revenue Model
Company Description
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 maintenan...
Primech Holdings Ltd. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
43
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 69.03M | 78.01M | 74.35M | 72.52M | 69.03M | 54.44M |
| Gross Profit | 3.69M | 7.87M | 17.53M | 12.61M | 10.62M | 9.84M |
| EBITDA | 1.82M | -1.47M | 3.01M | 1.30M | 1.82M | 2.34M |
| Net Income | -2.53M | -2.44M | -1.94M | -3.24M | -2.53M | -1.24M |
Balance Sheet | ||||||
| Total Assets | 42.82M | 42.53M | 41.20M | 45.51M | 42.82M | 33.20M |
| Cash, Cash Equivalents and Short-Term Investments | 9.07M | 8.92M | 10.14M | 7.65M | 9.07M | 5.14M |
| Total Debt | 22.36M | 18.55M | 15.47M | 20.79M | 22.36M | 12.01M |
| Total Liabilities | 33.99M | 30.00M | 26.52M | 30.45M | 33.99M | 21.96M |
| Stockholders Equity | 8.78M | 13.27M | 14.89M | 14.99M | 8.78M | 11.17M |
Cash Flow | ||||||
| Free Cash Flow | -5.19M | -5.66M | 6.28M | -9.99M | -5.19M | 2.49M |
| Operating Cash Flow | -3.18M | -3.93M | 7.38M | -9.08M | -3.18M | 5.05M |
| Investing Cash Flow | -1.13M | -728.00K | -1.03M | -807.00K | -1.13M | -2.55M |
| Financing Cash Flow | 8.01M | 2.76M | -4.39M | 8.18M | 8.01M | -3.63M |
Primech Holdings Ltd. Technical Analysis
Negative
0.50
Price Trends
0.63
Negative
0.67
Negative
0.88
Negative
Market Momentum
-0.05
Positive
37.97
Neutral
21.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PMEC, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.63, and below the 200-day MA of 0.88, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 37.97 is Neutral, neither overbought nor oversold. The STOCH value of 21.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PMEC.
Primech Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $29.33M | 8.16 | 8.70% | ― | 16.82% | -33.43% | |
54 Neutral | $37.27M | -14.40 | -6.40% | 6.25% | -100.00% | -5.04% | |
43 Neutral | $15.62M | -0.27 | -243.26% | ― | -18.24% | -169.43% | |
42 Neutral | $17.71M | -0.14 | -333.08% | ― | -31.38% | -7.02% | |
40 Underperform | $15.76M | -10.30 | -10.56% | ― | 4.92% | -22.39% |
* Industrials Sector Average
PMEC
Primech Holdings Ltd.
0.42
-0.96
-69.71%
SGRP
Spar Group
0.60
-0.55
-47.60%
NTIP
Network-1 Technologies
1.62
0.28
20.45%
SST
System1
1.74
-4.21
-70.76%
YSXT
YSX Tech Co., Ltd Class A
0.94
-2.18
-69.87%
MSGY
Masonglory Limited
0.30
-10.44
-97.23%
Primech Holdings Ltd. Corporate Events
Primech Holdings Relocates Principal Executive Office in Singapore
Jul 24, 2026
On July 24, 2026, Primech Holdings Ltd. changed its principal executive office to a new location at 60 MacPherson Road, Siemens Centre, #04-08, Singapore 348615. The relocation of its registered headquarters may signal administrative consolidation...
Primech Holdings Secures Second US$2 Million Tranche After Cutting Note Conversion Price
Jul 9, 2026
Primech Holdings Ltd. entered a securities purchase agreement in late 2025 with Luxembourg-based investor Welle Environmental (Lux) S.A.R.I. for US$4 million of senior unsecured convertible promissory notes, split into two US$2 million tranches. T...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.