Latest Ratios: P/E Ratio -6.2x · EV/EBITDA N/A · ROE -80.2%. (2020–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $55M | $31M | $107M | — | — | — |
| Enterprise Value | $51M | $27M | $109M | — | — | — |
| P/E Ratio → | -6.17 | — | 11.25 | — | — | — |
| P/S Ratio | 0.43 | 0.24 | 0.71 | — | — | — |
| P/B Ratio | 6.54 | 4.40 | 9.33 | — | — | — |
| P/FCF | — | — | 4.61 | — | — | — |
| P/OCF | — | — | 4.52 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.21 | 0.73 | — | — | — |
| EV / EBITDA | — | — | 7.64 | — | — | — |
| EV / EBIT | — | — | 8.66 | — | — | — |
| EV / FCF | — | — | 4.69 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | 9.2% | 9.2% | 24.8% | 22.4% | 22.5% | 20.1% |
| Operating Margin | -6.8% | -6.8% | 8.9% | 7.0% | 9.5% | 9.2% |
| Net Profit Margin | -5.8% | -5.8% | 6.5% | 5.4% | 7.4% | 8.3% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | -80.2% | -80.2% | 115.1% | 108.5% | 103.7% | 76.8% |
| ROA | -14.5% | -14.5% | 17.8% | 17.3% | 32.1% | 33.9% |
| ROIC | -81.3% | -81.3% | 68.5% | 70.3% | 132.5% | 73.2% |
| ROCE | -25.4% | -25.4% | 42.2% | 61.6% | 132.9% | 85.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 1.57 | 1.57 | 1.34 | 2.89 | 0.39 | 0.43 |
| Debt / EBITDA | — | — | 1.08 | 1.52 | 0.32 | 0.50 |
| Net Debt / Equity | — | -0.59 | 0.17 | 1.85 | -0.35 | -0.13 |
| Net Debt / EBITDA | — | — | 0.14 | 0.97 | -0.28 | -0.15 |
| Debt / FCF | — | — | 0.09 | — | — | -0.37 |
| Interest Coverage | -22.79 | -22.79 | 14.88 | 16.30 | 13.77 | 23.19 |
Net cash position: cash ($15M) exceeds total debt ($11M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 2.31 | 2.31 | 3.10 | 1.70 | 1.28 | 1.75 |
| Quick Ratio | 1.93 | 1.93 | 1.99 | 1.05 | 0.91 | 1.06 |
| Cash Ratio | 0.88 | 0.88 | 0.85 | 0.19 | 0.24 | 0.44 |
| Asset Turnover | — | 2.71 | 2.71 | 2.66 | 3.21 | 4.06 |
| Inventory Turnover | 17.71 | 17.71 | 6.43 | 5.64 | 9.11 | 8.30 |
| Days Sales Outstanding | — | 47.83 | 38.46 | 61.52 | 32.40 | 27.10 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.2% | 0.1% | — | — | — |
| Payout Ratio | — | — | 0.6% | 87.9% | 30.3% | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 8.9% | — | — | — |
| FCF Yield | — | — | 21.7% | — | — | — |
| Buyback Yield | 1.6% | 2.8% | 0.4% | — | — | — |
| Total Shareholder Yield | 1.7% | 3.0% | 0.5% | — | — | — |
| Shares Outstanding | — | $42M | $39M | $38M | $38M | $42M |
Inventory and revenue volatility
Based on current market data, ABLV trades at a P/S multiple of 0.42, which appears to reflect deep investor skepticism regarding the company's ability to return to profitability following a period of sustained revenue contraction and negative earnings per share.
The current valuation suggests the market has largely abandoned growth expectations, pricing the firm as a distressed asset rather than a viable service provider. Investors should monitor whether this low multiple represents a value opportunity or a permanent impairment of the company's underlying business model.
According to historical financial records, ROIC has swung from a positive 14.4% in late 2023 to a negative 5.6% by the end of 2024, indicating that the company is currently destroying shareholder value rather than compounding it through its core operations.
The collapse in return on capital is primarily driven by the inability to maintain gross margins, which have compressed significantly over the last ten quarters. This trend suggests that the firm's capital-intensive distribution model is failing to generate sufficient returns to cover the cost of its inventory and operational overhead.
As reported in quarterly filings, the cash conversion cycle has remained elevated, fluctuating between 60 and 108 days, which highlights the company's struggle to efficiently manage inventory turnover and collect receivables in a highly competitive Chinese e-commerce environment.
The persistent length of the cash conversion cycle suggests that ABLV lacks the bargaining power to demand favorable payment terms from its customers or suppliers. This inefficiency forces the company to tie up precious liquidity in inventory, increasing the risk of write-downs if consumer demand for its beauty products cools further.
Based on the most recent balance sheet data, the current ratio has declined from over 3.0 in early 2023 to 1.44 in 2025Q2, indicating a narrowing margin of safety for meeting short-term obligations as cash reserves are consumed by ongoing operating losses.
While the current ratio remains above 1.0, the rapid depletion of liquid assets warrants close monitoring by investors. The company's reliance on inventory to satisfy its current ratio suggests that liquidity could evaporate quickly if market conditions force a fire sale of aging beauty products.
Investors frequently misapply the Price-to-Book ratio to ABLV, failing to recognize that the company's book value is heavily comprised of volatile, short-lived inventory rather than productive, long-term assets that would typically justify a higher valuation multiple.
Using P/B as a valuation anchor obscures the reality that the firm's assets are subject to rapid obsolescence and potential write-downs. A more appropriate metric would be a focus on cash-flow-based valuation or a liquidation analysis, given the high risk that the reported book value may not be fully realizable in a stress scenario.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ABLV stock.
Able View Inc.'s current P/E ratio is -6.2x. The historical average is 11.3x.
Able View Inc.'s return on equity (ROE) is -80.2%. The historical average is 64.8%.
Based on historical data, Able View Inc. is trading at a P/E of -6.2x. Compare with industry peers and growth rates for a complete picture.
Able View Inc.'s current dividend yield is 0.12%.
Able View Inc. has 9.2% gross margin and -6.8% operating margin.