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PELIPelican Acquisition Corporation Ordinary Shares
$2.67$28M
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  4. Financial Ratios

Pelican Acquisition Corporation Ordinary Shares (PELI) Financial Ratios

Latest Ratios: P/E Ratio -651.2x · EV/EBITDA N/A · ROE -329.7%. (2024–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

PELI Valuation Multiples

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

MetricTTMFY 2025FY 2024
Market Cap$28M——
Enterprise Value$28M——
P/E Ratio →-651.22——
P/S Ratio———
P/B Ratio2167.21——
P/FCF———
P/OCF———

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

PELI EV Ratios

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

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

PELI 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
ROE-329.7%-329.7%-329.7%
ROA-19.4%-19.4%-19.4%
ROIC———
ROCE-333.5%-333.5%-333.5%

PELI Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024
Debt / Equity15.4915.4915.49
Debt / EBITDA———
Net Debt / Equity—4.494.49
Net Debt / EBITDA———
Debt / FCF———
Interest Coverage———

PELI Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024
Current Ratio0.760.760.76
Quick Ratio0.760.760.76
Cash Ratio0.690.690.69
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

PELI 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 Yield———
FCF Yield———
Buyback Yield0.0%——
Total Shareholder Yield0.0%——
Shares Outstanding—$10M$10M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidation deadline risk

Speculative Valuation Lacks Operational Anchor

As reported in financial statements, PELI's P/E ratio of -651.22 reflects a shell entity devoid of operational earnings, suggesting that current market pricing is driven entirely by the speculative value of the trust account rather than any underlying business performance or growth trajectory in the technology sector.

The extreme P/E multiple indicates that investors are essentially paying for an option on a future merger rather than current profitability. Given the lack of forward earnings guidance, the valuation remains disconnected from traditional fundamental metrics and is highly sensitive to the timing of a potential business combination.

Thin Liquidity Masks Operational Fragility

Based on the company's reported figures, the current ratio of 4.39 in 2026Q2 provides a misleading sense of security, as the entity's actual operating cash of $141,975 is insufficient to cover ongoing administrative and regulatory compliance costs without continued reliance on external sponsor support.

The liquidity position appears precarious when considering the high fixed costs associated with maintaining a public shell. Investors should monitor whether the current cash buffer is sufficient to reach a definitive agreement before the liquidation deadline, as any further depletion may necessitate dilutive financing.

Unusual Debt Burdening Shell Structure

According to recent SEC filings, the 15.49% debt-to-equity ratio is highly atypical for a pre-merger SPAC, suggesting that the company is accumulating significant liabilities that may complicate the final merger economics and reduce the net proceeds available to public shareholders upon a successful business combination.

This leverage likely represents accrued professional fees or sponsor loans, which may create a structural drag on the entity's net asset value. The presence of these liabilities warrants further investigation into the terms of repayment and their potential impact on the dilution profile for common shareholders.

Misapplied Metrics Obscure Structural Dilution

As indicated by the provided data, the most commonly misapplied metric for PELI is the P/B ratio of 2167.21, which fails to account for the unique dilution risks posed by the company's 'rights' structure and the potential for significant share issuance that provides no additional cash to the entity.

Investors should instead focus on the net asset value per share adjusted for the potential impact of rights and warrants. Relying on standard book value multiples obscures the reality that the equity base is subject to significant expansion that does not correlate with an increase in the underlying trust capital.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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PELI — Frequently Asked Questions

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

What is Pelican Acquisition Corporation Ordinary Shares's P/E ratio?

Pelican Acquisition Corporation Ordinary Shares's current P/E ratio is -651.2x. This places it at the 50th percentile of its historical range.

What is Pelican Acquisition Corporation Ordinary Shares's ROE?

Pelican Acquisition Corporation Ordinary Shares's return on equity (ROE) is -329.7%. The historical average is -329.7%.

Is PELI stock overvalued?

Based on historical data, Pelican Acquisition Corporation Ordinary Shares is trading at a P/E of -651.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.