Latest Ratios: P/E Ratio 70.9x · EV/EBITDA 53.5x · ROE 16.1%. (2021–2024 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 |
|---|---|---|---|---|---|
| Market Cap | $67M | — | — | — | — |
| Enterprise Value | $67M | — | — | — | — |
| P/E Ratio → | 70.94 | — | — | — | — |
| P/S Ratio | 3.64 | — | — | — | — |
| P/B Ratio | 10.51 | — | — | — | — |
| P/FCF | 59.95 | — | — | — | — |
| P/OCF | 57.64 | — | — | — | — |
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 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | 53.54 | — | — | — | — |
| EV / EBIT | 63.56 | — | — | — | — |
| 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 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Gross Margin | 23.8% | 23.8% | 18.8% | 22.8% | 5.2% |
| Operating Margin | 5.6% | 5.6% | 7.5% | 11.3% | -6.6% |
| Net Profit Margin | 5.1% | 5.1% | 7.6% | 11.4% | -6.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | 16.1% | 16.1% | 30.2% | 37.9% | -19.6% |
| ROA | 9.7% | 9.7% | 16.1% | 17.9% | -8.7% |
| ROIC | 15.0% | 15.0% | 25.0% | 42.4% | — |
| ROCE | 17.8% | 17.8% | 29.7% | 37.5% | -19.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 |
| Debt / EBITDA | 0.07 | 0.07 | 0.06 | 0.04 | — |
| Net Debt / Equity | — | -0.14 | -0.08 | -0.16 | -0.59 |
| Net Debt / EBITDA | -0.73 | -0.73 | -0.27 | -0.47 | — |
| Debt / FCF | — | -0.80 | — | — | — |
| Interest Coverage | 126.36 | 126.36 | 144.28 | 553.73 | -58.87 |
Net cash position: cash ($986768) exceeds total debt ($84826)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 2.69 | 2.69 | 2.26 | 1.96 | 1.78 |
| Quick Ratio | 2.69 | 2.69 | 2.26 | 1.96 | 1.78 |
| Cash Ratio | 0.27 | 0.27 | 0.12 | 0.17 | 0.48 |
| Asset Turnover | — | 1.86 | 1.95 | 1.40 | 1.29 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 146.21 | 153.64 | 193.14 | 134.58 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | 14.2% | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | 1.4% | — | — | — | — |
| FCF Yield | 1.7% | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — |
| Shares Outstanding | — | $30M | $30M | $30M | $30M |
Localized MICE market dependency
Based on current market data, AHMA trades at a P/E of 53.44 and an EV/EBITDA of 40.15, which appears significantly elevated relative to the company's recent revenue contraction and the broader travel services sector's typical valuation ranges for project-based, non-recurring business models.
The current valuation suggests that investors may be pricing in a high-growth technology premium that is not yet supported by the company's actual financial performance. Given the lack of forward guidance and the volatility in earnings, these multiples warrant extreme caution as they imply a level of scalability that the current project-based revenue stream has yet to demonstrate.
As reported in recent financial statements, AHMA's ROIC has fluctuated from 3.7% in 2024Q4 down to 0.9% in 2024Q2, indicating that the company is struggling to consistently compound returns on its invested capital within the highly competitive Dubai MICE environment.
The sharp variance in returns suggests that the company's profitability is highly sensitive to project mix and the timing of large-scale event execution. Investors should monitor whether management can stabilize these returns as the business matures beyond its 2023 incorporation, as current levels remain well below typical industry benchmarks for high-performing service firms.
According to the latest quarterly data, AHMA's DSO has ballooned to 251 days, a significant increase from 153 days in 2023Q4, which suggests that the company is facing substantial challenges in collecting receivables from its corporate client base in the UAE.
This extended collection cycle indicates a potential lack of leverage over customers, which may force the company to rely on its own cash reserves to bridge the gap between service delivery and final payment. Such inefficiency in working capital management is a primary concern for a business model that relies on thin margins and high-volume transactional throughput.
The P/E ratio is the most commonly misapplied metric for AHMA, as it obscures the company's reliance on non-recurring, project-based revenue and fails to account for the significant volatility in earnings quality inherent in the MICE sector's current operating environment.
Because AHMA's earnings are heavily influenced by the timing of specific event mandates, a P/E multiple provides a distorted view of the company's underlying earning power. Analysts should instead focus on EV/Sales or adjusted cash flow metrics to better capture the economic footprint of the business, especially given the potential for gross versus net revenue recognition nuances.
Includes 30+ ratios · 4 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 AHMA stock.
Ambitions Enterprise Management Co. L.L.C's current P/E ratio is 70.9x. This places it at the 50th percentile of its historical range.
Ambitions Enterprise Management Co. L.L.C's current EV/EBITDA is 53.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Ambitions Enterprise Management Co. L.L.C's return on equity (ROE) is 16.1%. The historical average is 16.1%.
Based on historical data, Ambitions Enterprise Management Co. L.L.C is trading at a P/E of 70.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ambitions Enterprise Management Co. L.L.C has 23.8% gross margin and 5.6% operating margin.
Ambitions Enterprise Management Co. L.L.C's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.