GDS Holdings Limited (GDS)

GDS Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 2, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	8,286	4,619	1,738	3,929	8,814	17,501
Market Cap Growth	169.74%	165.78%	-55.77%	-55.42%	-49.64%	132.35%
Enterprise Value	13,126	11,397	7,428	8,945	12,362	20,246
Last Close Price	41.35	23.76	9.12	20.62	47.16	93.64
PE Ratio	198.58	10.07	-	-	-	-
PS Ratio	5.03	3.27	1.26	2.92	7.16	19.91
PB Ratio	2.28	1.42	0.61	1.12	2.16	4.28
P/TBV Ratio	3.17	2.10	1.00	1.82	3.62	5.31
P/OCF Ratio	18.46	17.39	5.97	9.65	46.61	356.07
EV/Sales Ratio	8.60	8.06	5.38	6.66	10.04	23.03
EV/EBITDA Ratio	19.82	18.95	12.63	16.04	24.84	57.85
EV/EBIT Ratio	69.01	72.47	65.66	84.98	137.89	196.42
Debt / Equity Ratio	1.87	1.88	2.19	1.85	1.46	0.92
Debt / EBITDA Ratio	9.11	9.09	9.40	10.28	10.60	9.67
Asset Turnover	0.14	0.14	0.13	0.13	0.12	0.13
Quick Ratio	1.82	1.23	1.21	1.05	0.89	2.34
Current Ratio	2.00	1.28	1.32	1.13	1.07	2.40
Return on Equity (ROE)	1.52%	-3.52%	-17.72%	-4.41%	-4.53%	-3.52%
Return on Assets (ROA)	1.07%	0.97%	0.67%	0.62%	0.55%	0.95%
Return on Capital (ROIC)	1.16%	1.08%	0.75%	0.69%	0.62%	1.06%
Return on Capital Employed (ROCE)	1.90%	1.80%	1.20%	1.10%	1.00%	1.40%
Earnings Yield	7.77%	10.16%	-34.81%	-5.38%	-2.26%	-0.60%
FCF Yield	-0.88%	-3.90%	-11.04%	-19.72%	-15.50%	-6.91%
Payout Ratio	-	1.58%	-	-	-	-
Buyback Yield / Dilution	-7.04%	-0.47%	-0.26%	-0.79%	-15.90%	-13.66%

Updated Aug 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q