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TACOWBerto Acquisition Corp. Warrant
$0.74$22M
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Berto Acquisition Corp. Warrant (TACOW) Financial Ratios

Latest Ratios: P/E Ratio 2.6x · EV/EBITDA N/A · ROE 2.7%. (2015–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

TACOW Valuation Multiples

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

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
Market Cap$22M$3M$4M$44M$118M$188M$112M
Enterprise Value$22M$3M$277M$216M$283M$354M$272M
P/E Ratio →2.551.41—2.312.368.9842.27
P/S Ratio——0.010.090.250.410.52
P/B Ratio0.020.010.010.100.280.500.30
P/FCF——0.693.1716.4116.04—
P/OCF——0.080.712.033.266.56

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

TACOW EV Ratios

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

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
EV / Revenue——0.540.430.600.781.26
EV / EBITDA———3.634.415.358.90
EV / EBIT———6.236.868.32—
EV / FCF——51.8815.6739.5230.29—

TACOW 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 2019FY 2018FY 2017FY 2016FY 2015
Gross Margin——-20.9%6.7%8.7%9.6%72.5%
Operating Margin——-20.9%6.7%8.7%9.6%8.9%
Net Profit Margin——-23.1%3.8%10.6%4.6%1.2%

Return on Capital

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
ROE2.7%2.7%-32.7%4.5%12.6%5.6%0.7%
ROA2.5%2.5%-14.6%2.5%6.8%2.9%0.4%
ROIC——-13.6%4.3%5.4%6.0%2.7%
ROCE-0.2%-0.2%-14.3%4.9%6.1%6.5%3.0%

TACOW Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
Debt / Equity0.000.000.910.430.410.460.46
Debt / EBITDA———3.022.682.655.56
Net Debt / Equity—-0.000.910.410.400.440.43
Net Debt / EBITDA———2.902.582.525.23
Debt / FCF——51.1812.5023.1114.24—
Interest Coverage——-14.803.755.736.84—

Net cash position: cash ($578683) exceeds total debt ($322045)

TACOW Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
Current Ratio1.001.000.260.590.360.360.38
Quick Ratio1.001.000.260.590.360.360.38
Cash Ratio0.790.790.020.130.120.160.20
Asset Turnover——0.590.670.640.620.31
Inventory Turnover———————
Days Sales Outstanding———————

TACOW 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 2019FY 2018FY 2017FY 2016FY 2015
Dividend Yield———————
Payout Ratio———————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2019FY 2018FY 2017FY 2016FY 2015
Earnings Yield39.2%70.7%—43.2%42.4%11.1%2.4%
FCF Yield——144.5%31.6%6.1%6.2%—
Buyback Yield0.0%0.0%100.0%37.3%11.8%8.2%9.1%
Total Shareholder Yield0.0%0.0%100.0%37.3%11.8%8.2%9.1%
Shares Outstanding—$7M$37M$39M$40M$39M$39M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidation deadline execution risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Speculative Pricing Amidst Shell Status

According to recent market data, TACOW trades at a P/E of 2.42, a metric that appears fundamentally disconnected from operational reality given the company's status as a pre-revenue shell entity currently reliant on interest income rather than any underlying commercial business performance or sustainable earnings growth.

The low P/E ratio is a mathematical artifact of non-operating interest income rather than a signal of value, as the company lacks any core business operations. Investors should monitor the PEG ratio of 0.07 with extreme caution, as it implies growth expectations that are entirely contingent on the successful identification and acquisition of a target company.

Constrained Liquidity Limits Operational Runway

Based on 2026Q1 reported figures, the company maintains a current ratio of 0.46, which suggests a vulnerable liquidity position as the limited cash reserves must cover ongoing administrative and professional expenses while the sponsor continues the search for a suitable business combination target within the specified timeframe.

The decline in the current ratio from 4.25 in 2025Q2 to 0.46 in 2026Q1 highlights the rapid consumption of liquid assets to fund compliance and search costs. This trend warrants further investigation, as the company may face pressure to secure additional financing or finalize a merger before the liquidation deadline.

Capital Efficiency Obscured by Structure

As reported in financial statements, the ROE of 0.8% in 2026Q1 reflects the nominal returns on the trust account rather than productive capital deployment, indicating that the company is currently failing to generate meaningful returns on invested capital while it remains in its pre-combination shell state.

The erratic ROIC trend, which shifted from 0.6% in 2020Q2 to -0.1% in 2026Q1, underscores the lack of operational efficiency inherent in a SPAC vehicle. Investors should recognize that these metrics are essentially proxies for interest rate environments rather than indicators of management's ability to compound capital through business operations.

Misapplied Metrics in SPAC Valuation

Based on standard institutional analysis, the P/E ratio is the most commonly misapplied metric for TACOW, as it obscures the fact that the company generates no operational revenue and relies entirely on non-recurring interest income to offset the administrative burn required to maintain its shell status.

Using P/E to evaluate a pre-combination SPAC is fundamentally flawed because it treats interest income as sustainable earnings, ignoring the reality that the company is a vehicle for capital allocation rather than an operating business. Analysts should instead focus on the redemption rate and the quality of the target's potential cash flows to assess the true value of the investment.

Download Financial Ratios Data

Includes 30+ ratios · 6 years · Updated daily

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TACOW — Frequently Asked Questions

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

What is Berto Acquisition Corp. Warrant's P/E ratio?

Berto Acquisition Corp. Warrant's current P/E ratio is 2.6x. The historical average is 11.5x. This places it at the 60th percentile of its historical range.

What is Berto Acquisition Corp. Warrant's ROE?

Berto Acquisition Corp. Warrant's return on equity (ROE) is 2.7%. The historical average is -1.1%.

Is TACOW stock overvalued?

Based on historical data, Berto Acquisition Corp. Warrant is trading at a P/E of 2.6x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.