Latest Ratios: P/E Ratio N/A · EV/EBITDA 292.2x · ROE 50.1%. (2023–2024 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 |
|---|---|---|---|
| Market Cap | $300M | — | — |
| Enterprise Value | $300M | — | — |
| P/E Ratio → | — | — | — |
| P/S Ratio | 118.27 | — | — |
| P/B Ratio | — | — | — |
| P/FCF | — | — | — |
| P/OCF | — | — | — |
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 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | 292.21 | — | — |
| EV / EBIT | 295.90 | — | — |
| EV / FCF | — | — | — |
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 |
|---|---|---|---|
| Gross Margin | 49.9% | 49.9% | 41.0% |
| Operating Margin | 40.0% | 40.0% | 33.7% |
| Net Profit Margin | 30.7% | 30.7% | 27.0% |
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| ROE | 50.1% | 50.1% | 19.8% |
| ROA | 23.6% | 23.6% | 8.8% |
| ROIC | 47.6% | 47.6% | 18.5% |
| ROCE | 61.7% | 61.7% | 23.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Debt / Equity | 0.07 | 0.07 | 0.10 |
| Debt / EBITDA | 0.14 | 0.14 | 0.41 |
| Net Debt / Equity | — | 0.04 | -0.00 |
| Net Debt / EBITDA | 0.08 | 0.08 | -0.00 |
| Debt / FCF | — | — | — |
| Interest Coverage | 582.76 | 582.76 | 120.72 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Current Ratio | 1.91 | 1.91 | 1.89 |
| Quick Ratio | 0.53 | 0.53 | 0.25 |
| Cash Ratio | 0.03 | 0.03 | 0.09 |
| Asset Turnover | — | 0.65 | 0.33 |
| Inventory Turnover | 0.48 | 0.48 | 0.23 |
| Days Sales Outstanding | — | 103.22 | 21.32 |
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 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Earnings Yield | — | — | — |
| FCF Yield | — | — | — |
| Buyback Yield | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | — | — |
| Shares Outstanding | — | $0 | $34M |
Liquidity and inventory concentration
According to current market data, AGCC trades at an EV/EBITDA of 288.35 and a P/S ratio of 116.70, suggesting that investors are pricing in aggressive future expansion rather than current earnings, which warrants caution given the company's limited operating history and small revenue base.
These elevated multiples imply that the market expects the firm to sustain its 186% revenue growth rate indefinitely, a feat that is historically difficult for niche trading entities. Investors should monitor whether these valuations are supported by long-term procurement contracts or if they represent a speculative premium on the company's current market access.
As reported in financial statements, AGCC maintains a 39.98% operating margin, which indicates that the firm's intermediary trading model is highly efficient at capturing value without the heavy capital expenditures typically associated with traditional beverage manufacturing or brand-owning distillers.
While these margins appear strong, they are likely sensitive to the spread between primary distillery pricing and secondary market demand. The lack of significant fixed overhead suggests that profitability could contract rapidly if the company is forced to lower prices to clear inventory during a market downturn.
Based on the company's reported figures, the cash-to-revenue ratio sits below 3%, indicating that AGCC operates with virtually no liquidity buffer to absorb potential shocks in accounts receivable or unexpected delays in the high-velocity turnover of its premium whisky inventory.
This liquidity profile suggests that the firm is essentially a pass-through entity where cash is immediately recycled into new inventory purchases. Any disruption in the timing of wholesale payments could lead to a technical liquidity crunch, as the company lacks the cash reserves to cover short-term operational obligations.
According to recent filings, AGCC maintains a negligible debt-to-equity ratio of 0.07%, which demonstrates that management is currently avoiding external financing and instead relying on internal cash flow to fund its rapid expansion within the Taiwan spirits market.
While this low leverage is a positive indicator of financial discipline, it also suggests that the company's growth is entirely dependent on its ability to generate cash from inventory sales. Investors should monitor whether this reliance on internal funding remains viable if the company attempts to scale its trading operations further.
Based on the firm's unique business model, the P/E ratio is a commonly misapplied metric because it obscures the fact that AGCC functions more like a commodity hedge fund for spirits than a traditional, defensive beverage company with stable, recurring cash flows.
Applying standard beverage industry valuation multiples to AGCC ignores the high volatility and inventory-dependent nature of its trading operations. Analysts should instead focus on inventory turnover velocity and the spread between procurement and wholesale pricing to better assess the durability of the company's earnings.
Includes 30+ ratios · 2 years · Updated daily
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Quick answers to the most common questions about buying AGCC stock.
Agencia Comercial Spirits Ltd's current EV/EBITDA is 292.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Agencia Comercial Spirits Ltd's return on equity (ROE) is 50.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 34.9%.
Based on historical data, Agencia Comercial Spirits Ltd is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
Agencia Comercial Spirits Ltd has 49.9% gross margin and 40.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Agencia Comercial Spirits Ltd's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.