# AMTD Digital Inc. American (HKD) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Consumer Finance. Price $1.70, market value $534 million.

## Valuation
- **P/E (trailing): 9.4×** (5-yr avg 9.0×, 3-yr avg 6.1×). AMTD Digital Inc. American trades at 9.4× trailing earnings, close to its own five-year average of 9.0×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 87.3×**. Enterprise value is 87.3× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.7%** (5-yr avg 2.7%). Free cash flow equals 2.7% of the market value, in line with its five-year average of 2.7%.
- **Earnings yield: 10.6%**. The inverse of the P/E: 10.6% of the price is earned each year.

## Profitability
- **Operating margin: 0.8%**. 0.8% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 71.3%**. 71.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 36.8%**. 36.8% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 0.1%**. Return on all capital, debt included, is 0.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 10.2%**. Each dollar of assets produces 10.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 565.7%** (3-yr 41.1%/yr, 5-yr 40.1%/yr). Revenue grew 565.7% over the last year, against 40.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -24.1%** (3-yr -8.3%/yr, 5-yr 0.5%/yr). Earnings per share fell 24.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -2.6%/yr**. Free cash flow has compounded at -2.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: $46 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. AMTD Digital Inc. American does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 5.6%** (YTD 33.9%, 3-mo 1.8%). The shares are up 5.6% over twelve months including dividends.
- **From 52-week high: -68.9%** (34.9% above the low). Trading 69% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 1.03** (volatility 94%). Beta of 1.03 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HKD · Page: https://foliofundamentals.com/stocks/hkd

Not investment advice.