Latest Ratios: P/E Ratio 39.7x · EV/EBITDA 34.6x · ROE 7.8%. (2024–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Market Cap | $320M | $362M | $297M |
| Enterprise Value | $320M | $361M | $296M |
| P/E Ratio → | 39.70 | 38.85 | 157.37 |
| P/S Ratio | — | — | — |
| P/B Ratio | 567.65 | 555.47 | 1.26 |
| P/FCF | 34.00 | 38.43 | 93709.75 |
| P/OCF | 34.00 | 38.43 | 93709.75 |
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 2025 | FY 2024 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | 34.65 | 39.17 | — |
| EV / EBIT | — | 39.17 | — |
| EV / FCF | — | 38.37 | 93392.51 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Gross Margin | — | — | — |
| Operating Margin | — | — | — |
| Net Profit Margin | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| ROE | 7.8% | 7.8% | 0.0% |
| ROA | 3.9% | 3.9% | 0.0% |
| ROIC | -0.4% | -0.4% | — |
| ROCE | -0.3% | -0.3% | -0.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / Equity | — | — | — |
| Debt / EBITDA | — | — | — |
| Net Debt / Equity | — | -0.83 | -0.00 |
| Net Debt / EBITDA | -0.06 | -0.06 | — |
| Debt / FCF | — | -0.06 | -317.25 |
| Interest Coverage | — | — | — |
Net cash position: cash ($541650) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Current Ratio | 24.15 | 24.15 | 60.25 |
| Quick Ratio | 24.15 | 24.15 | 60.25 |
| Cash Ratio | 19.24 | 19.24 | 45.58 |
| Asset Turnover | — | — | — |
| Inventory Turnover | — | — | — |
| Days Sales Outstanding | — | — | — |
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 2025 | FY 2024 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Earnings Yield | 2.5% | 2.6% | 0.6% |
| FCF Yield | 2.9% | 2.6% | 0.0% |
| Buyback Yield | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $35M | $30M |
Execution and Liquidation Risk
Based on reported figures, ALDF exhibits a P/E ratio of 39.59 and an EV/EBITDA of 34.55, which appear largely disconnected from fundamental performance as the company remains a pre-revenue shell entity currently awaiting a definitive business combination to establish a meaningful valuation baseline for investors.
The current valuation multiples are heavily distorted by non-operating accounting adjustments and the absence of core business revenue. Investors should monitor these figures with extreme caution, as they do not reflect the underlying earning power of the entity but rather the speculative pricing of its trust-held capital.
According to recent financial statements, ALDF reported a ROIC of -0.1% in 2025Q3, a figure that highlights the inherent difficulty in generating positive returns on invested capital while the company functions as a passive vehicle for holding cash rather than an active, value-creating operating business.
The negative ROIC trend suggests that the capital currently deployed is failing to generate returns above the cost of maintaining the shell structure. This performance is typical for SPACs in the search phase and warrants further investigation into how management intends to pivot toward value-accretive operations post-merger.
As reported in financial filings, ALDF's current ratio reached 55.85 in 2025Q3, a significant improvement from the 1.07 ratio observed in 2024Q3, indicating that the company currently holds sufficient liquid assets to cover its immediate administrative obligations while it continues its search for a suitable acquisition target.
While the high current ratio suggests a strong short-term liquidity position, this is primarily a function of trust-held cash rather than operational efficiency. Investors should remain aware that this liquidity is subject to redemption risk, which could rapidly deplete the company's resources prior to any deal closure.
Based on ALDF's reported figures, the P/B ratio of 566.06 is frequently misapplied by market participants who fail to recognize that a shell company's book value is primarily composed of cash in trust rather than productive operating assets or long-term capital investments.
Using P/B to evaluate a SPAC is fundamentally flawed because it obscures the fact that the equity is essentially a placeholder for future deal-making capacity. Analysts should instead focus on the trust value per share and the potential for dilution from warrants, which provide a more accurate assessment of the entity's true economic value.
Includes 30+ ratios · 2 years · Updated daily
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Quick answers to the most common questions about buying ALDF stock.
Aldel Financial II Inc.'s current P/E ratio is 39.7x. The historical average is 98.1x. This places it at the 50th percentile of its historical range.
Aldel Financial II Inc.'s current EV/EBITDA is 34.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 39.2x.
Aldel Financial II Inc.'s return on equity (ROE) is 7.8%. The historical average is 3.9%.
Based on historical data, Aldel Financial II Inc. is trading at a P/E of 39.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.