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DMAADrugs Made In America Acquisition Corp. Ordinary Shares
$10.66$359M
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  4. Financial Ratios

Drugs Made In America Acquisition Corp. Ordinary Shares (DMAA) Financial Ratios

Latest Ratios: P/E Ratio 56.1x · EV/EBITDA N/A · ROE 5.1%. (2024–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

DMAA Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024
Market Cap$359M$218M—
Enterprise Value$359M$218M—
P/E Ratio →56.1154.60—
P/S Ratio———
P/B Ratio0.960.94—
P/FCF———
P/OCF———

P/E links to full P/E history page with 30-year chart

DMAA EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024
EV / Revenue———
EV / EBITDA———
EV / EBIT———
EV / FCF———

DMAA Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024
Gross Margin———
Operating Margin———
Net Profit Margin———

Return on Capital

MetricTTMFY 2025FY 2024
ROE5.1%5.1%—
ROA5.0%5.0%-87.0%
ROIC-1.8%-1.8%—
ROCE-2.4%-2.4%—

DMAA Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024
Debt / Equity———
Debt / EBITDA——902.35
Net Debt / Equity—-0.00—
Net Debt / EBITDA——661.00
Debt / FCF———
Interest Coverage———

Net cash position: cash ($6137) exceeds total debt ($0)

DMAA Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024
Current Ratio0.030.036.27
Quick Ratio0.030.036.27
Cash Ratio0.020.021.70
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

DMAA Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024
Dividend Yield———
Payout Ratio———

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024
Earnings Yield1.8%1.8%—
FCF Yield———
Buyback Yield0.0%0.0%—
Total Shareholder Yield0.0%0.0%—
Shares Outstanding—$21M$9M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Insolvency and liquidation risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Disconnected From Operational Reality

According to recent SEC filings, DMAA's P/E ratio of 56.00 appears largely detached from fundamental performance, as the company lacks any active revenue streams or sustainable earnings power to justify such a multiple in the context of its current pre-combination shell status and limited capital base.

The elevated P/E ratio likely reflects non-operating accounting adjustments rather than genuine growth prospects, rendering traditional valuation metrics largely irrelevant for this entity. Investors should monitor the fact that the company's market pricing appears to be driven by speculative interest in a potential reverse merger rather than any underlying business value.

Critical Liquidity Constraints Threaten Viability

Based on the most recent quarterly filings, the company's current ratio has collapsed to 0.03, which indicates that DMAA lacks the necessary liquid assets to meet its immediate administrative obligations, a trend that underscores the extreme vulnerability of its current financial position and ongoing operational sustainability.

This liquidity profile suggests that the company is effectively unable to cover its basic regulatory and compliance costs without external support or further dilution. The near-zero quick ratio confirms that the entity possesses virtually no deployable capital, leaving it highly susceptible to involuntary liquidation or delisting.

Capital Decay Reflects Structural Inactivity

As reported in financial statements, DMAA's ROIC has consistently trended in negative territory, with recent periods showing values near -0.7%, illustrating a persistent failure to generate any return on the capital invested by shareholders while the entity remains in a dormant, pre-combination shell state.

The inability to achieve positive returns on capital is a direct consequence of the company's lack of operational activity and the ongoing erosion of its cash reserves through fixed administrative expenses. This trend suggests that capital is being consumed rather than compounded, which warrants extreme caution for any prospective investor.

Misleading Asset Valuation Obscures Insolvency

As indicated by the discrepancy between total assets of $239.9 million and a cash balance of only $6,137 in 2025Q4, the headline asset figure appears highly misleading, likely masking the absence of tangible, deployable capital required for a viable pharmaceutical acquisition or long-term business development.

The most commonly misapplied metric for this business model is the 'Total Assets' figure, which fails to distinguish between restricted trust assets and actual working capital available for operations. Analysts should instead focus on the 'Cash and Cash Equivalents' line item to assess the true runway remaining for the company to secure a merger target.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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DMAA — Frequently Asked Questions

Quick answers to the most common questions about buying DMAA stock.

What is Drugs Made In America Acquisition Corp. Ordinary Shares's P/E ratio?

Drugs Made In America Acquisition Corp. Ordinary Shares's current P/E ratio is 56.1x. The historical average is 54.6x. This places it at the 100th percentile of its historical range.

What is Drugs Made In America Acquisition Corp. Ordinary Shares's ROE?

Drugs Made In America Acquisition Corp. Ordinary Shares's return on equity (ROE) is 5.1%. The historical average is 5.1%.

Is DMAA stock overvalued?

Based on historical data, Drugs Made In America Acquisition Corp. Ordinary Shares is trading at a P/E of 56.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.