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Raytech Holding Limited
(NASDAQ:RAY)
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Rating:57Neutral
Price Target:
$3.00
▼(-5.96% Downside)
Action:Reiterated
Date:08/02/26
The score is primarily weighed down by deteriorating cash generation in the most recent year (negative operating/free cash flow despite higher net income), which increases near-term risk. Technicals also weaken the outlook as the stock trades below all key moving averages. These negatives are partly offset by strong revenue growth and a low P/E valuation with modest leverage.
Positive Factors
Revenue Growth
Revenue has accelerated materially, with the most recent year up ~96% and multi-year growth >80%. Durable top-line momentum supports market share gains, scale economics, and expanded addressable market, providing a structural base for continued reinvestment and product expansion over 2–6 months.
Negative Factors
Deteriorating Cash Generation
Operating and free cash flow swung sharply negative in 2026 while earnings rose, indicating weak cash conversion or working-capital strain. Persistent cash burn raises durable funding risk, may require recurring financing or restrict capex/dividends, and undermines balance-sheet resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Revenue has accelerated materially, with the most recent year up ~96% and multi-year growth >80%. Durable top-line momentum supports market share gains, scale economics, and expanded addressable market, providing a structural base for continued reinvestment and product expansion over 2–6 months.
Read all positive factors
Raytech Holding Limited (RAY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$16.21M
Dividend YieldN/A
Average Volume (3M)399.55K
Price to Earnings (P/E)7.4
Beta (1Y)0.40
Revenue Growth81.01%
EPS Growth-8.76%
CountryUS
Employees6
SectorConsumer Defensive
Sector Strength42
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)N/A
Shares Outstanding5,874,743
10 Day Avg. Volume112,006
30 Day Avg. Volume399,549
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.48
Price to Sales (P/S)0.44
P/FCF Ratio-4.31
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
Raytech Holding Limited Business Overview & Revenue Model
Company Description
Raytech Holding Limited, through its subsidiary, engages in the sourcing and wholesale of personal care and lifestyle electrical appliances for international brand owners in Hong Kong and Japan. The company offers hair care products, such as hair ...
Raytech Holding Limited Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
67
Positive
Cash Flow
38
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 143.23M | 78.74M | 66.97M | 45.52M | 45.11M |
| Gross Profit | 39.55M | 17.81M | 14.90M | 1.45M | 1.55M |
| EBITDA | 18.34M | 10.53M | 11.36M | 7.21M | 10.74M |
| Net Income | 16.76M | 8.27M | 9.94M | 6.29M | 9.44M |
Balance Sheet | |||||
| Total Assets | 215.96M | 94.89M | 58.11M | 4.21M | 2.67M |
| Cash, Cash Equivalents and Short-Term Investments | 78.00M | 84.85M | 35.89M | 21.36M | 12.29M |
| Total Debt | 14.55M | 0.00 | 0.00 | 87.97K | 188.82K |
| Total Liabilities | 86.46M | 17.93M | 27.04M | 1.52M | 770.67K |
| Stockholders Equity | 129.50M | 76.96M | 31.08M | 21.14M | 14.85M |
Cash Flow | |||||
| Free Cash Flow | -14.57M | 6.22M | 15.75M | 1.40M | 1.06M |
| Operating Cash Flow | -14.57M | 6.22M | 15.75M | 1.40M | 1.06M |
| Investing Cash Flow | -27.80M | 145.17K | 846.86K | 1.44M | 2.20M |
| Financing Cash Flow | 34.95M | 42.87M | -2.08M | -3.18M | -1.56M |
Raytech Holding Limited Technical Analysis
Negative
3.19
Price Trends
3.07
Negative
3.26
Negative
3.30
Negative
Market Momentum
-0.06
Negative
54.41
Neutral
65.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RAY, the sentiment is Negative. The current price of 3.19 is above the 20-day moving average (MA) of 2.90, above the 50-day MA of 3.07, and below the 200-day MA of 3.30, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 54.41 is Neutral, neither overbought nor oversold. The STOCH value of 65.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RAY.
Raytech Holding Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $32.39M | 13.56 | 21.40% | 6.56% | -4.13% | -18.10% | |
65 Neutral | $40.84M | 40.94 | 9.40% | ― | 3.81% | -63.26% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
57 Neutral | $16.21M | 7.39 | ― | ― | 81.01% | -8.76% | |
56 Neutral | $6.01M | -0.02 | -24.71% | ― | -10.67% | -83.85% | |
50 Neutral | $8.34M | 1.16 | 1.71% | 4.07% | 77.22% | -89.32% | |
45 Neutral | $9.24M | -0.71 | -2383.34% | ― | -7.51% | -6001.27% |
* Consumer Defensive Sector Average
RAY
Raytech Holding Limited
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-93.56%
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Raytech Holding Limited Corporate Events
Raytech Holding Limited Raises $6.2 Million in June 2026 Registered Direct Offering to Back Health Electronics Expansion
Jun 30, 2026
Raytech Holding Limited closed a registered direct offering of 3,149,832 ordinary shares on June 29, 2026 at $1.97 per share, raising approximately $6.2 million in gross proceeds. The transaction, approved by the board and audit committee, include...
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.