Latest Ratios: P/E Ratio 6.4x · EV/EBITDA 2.4x · ROE 20.0%. (2018–2025 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 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $826M | $1.2B | $744M | $1.1B | $618M | $1.2B | $1.3B | — | — |
| Enterprise Value | $299M | $723M | $256M | $804M | $213M | $856M | $1.1B | — | — |
| P/E Ratio → | 6.45 | 8.36 | 5.49 | 9.43 | 7.78 | 14.59 | — | — | — |
| P/S Ratio | 2.42 | 3.65 | 2.19 | 3.49 | 2.04 | 4.42 | 9.74 | — | — |
| P/B Ratio | 1.20 | 1.56 | 1.07 | 1.98 | 1.41 | 3.59 | 5.63 | — | — |
| P/FCF | 6.11 | 9.24 | 4.32 | 8.09 | 5.99 | 8.46 | 20.62 | — | — |
| P/OCF | 6.01 | 9.09 | 4.30 | 8.00 | 5.17 | 8.37 | 20.29 | — | — |
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 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.11 | 0.75 | 2.52 | 0.70 | 3.14 | 7.99 | — | — |
| EV / EBITDA | 2.41 | 5.83 | 2.09 | 8.18 | 2.66 | 10.21 | 268.09 | — | — |
| EV / EBIT | 2.45 | 4.75 | 2.10 | 8.32 | 2.60 | 10.14 | 264.57 | — | — |
| EV / FCF | — | 5.34 | 1.49 | 5.84 | 2.06 | 6.00 | 16.91 | — | — |
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 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.3% | 67.3% | 64.5% | 64.1% | 62.5% | 65.2% | 54.6% | 67.6% | 67.3% |
| Operating Margin | 35.7% | 35.7% | 35.7% | 30.2% | 25.9% | 30.4% | 2.8% | 45.6% | 48.0% |
| Net Profit Margin | 43.8% | 43.8% | 39.9% | 36.8% | 26.3% | 30.2% | 2.4% | 45.6% | 47.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.0% | 20.0% | 21.5% | 23.4% | 20.6% | 29.0% | 2.3% | 92.3% | 120.2% |
| ROA | 17.6% | 17.6% | 18.8% | 20.5% | 18.0% | 26.0% | 2.1% | 76.7% | 94.9% |
| ROIC | 37.8% | 37.8% | 39.3% | 50.4% | 612.5% | — | — | 13140.5% | — |
| ROCE | 16.2% | 16.2% | 19.2% | 19.2% | 20.2% | 29.2% | 2.7% | 92.4% | 120.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
| Debt / EBITDA | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | — | — | — |
| Net Debt / Equity | — | -0.66 | -0.70 | -0.55 | -0.92 | -1.04 | -1.01 | -0.99 | -1.01 |
| Net Debt / EBITDA | -4.25 | -4.25 | -3.97 | -3.15 | -5.08 | -4.18 | -58.91 | -1.56 | -0.83 |
| Debt / FCF | — | -3.90 | -2.83 | -2.25 | -3.93 | -2.46 | -3.72 | -1.47 | -0.73 |
| Interest Coverage | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($529M) exceeds total debt ($1M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.02 | 9.02 | 6.80 | 7.55 | 7.41 | 8.41 | 12.02 | 6.43 | 4.72 |
| Quick Ratio | 9.02 | 9.02 | 6.80 | 7.55 | 7.41 | 8.41 | 12.02 | 6.43 | 4.72 |
| Cash Ratio | 8.54 | 8.54 | 6.44 | 7.11 | 6.97 | 7.92 | 11.27 | 5.96 | 4.21 |
| Asset Turnover | — | 0.38 | 0.42 | 0.50 | 0.60 | 0.72 | 0.53 | 1.17 | 1.99 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | 0.13 | — | 23.15 | 38.52 | 16.01 | 13.63 |
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 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 0.7% | — | — |
| Payout Ratio | — | — | — | — | — | — | 280.4% | — | 37.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 15.5% | 12.0% | 18.2% | 10.6% | 12.9% | 6.9% | — | — | — |
| FCF Yield | 16.4% | 10.8% | 23.1% | 12.4% | 16.7% | 11.8% | 4.8% | — | — |
| Buyback Yield | 6.8% | 4.5% | 1.9% | 0.8% | 0.3% | 2.1% | 0.0% | — | — |
| Total Shareholder Yield | 6.8% | 4.5% | 1.9% | 0.8% | 0.3% | 2.1% | 0.7% | — | — |
| Shares Outstanding | — | $180M | $183M | $182M | $177M | $180M | $92M | $125M | $74M |
Regional market saturation risks
Based on current market data, YALA trades at a TTM P/E of 6.63 and an EV/EBITDA of 2.60, suggesting that investors are pricing the company as a mature cash-generative utility rather than a high-growth technology platform, likely due to the recent deceleration in top-line revenue expansion.
The low valuation multiples relative to historical averages indicate that the market is heavily discounting the company's future growth prospects. This pricing appears to reflect skepticism regarding the sustainability of the current monetization model in the face of increasing regional competition and potential market saturation.
As reported in financial statements, Yalla maintains a robust net margin of 41.6% as of 2025Q4, which is significantly bolstered by non-operating interest income derived from its substantial cash reserves rather than purely from the core social networking and gaming operations that define its primary business model.
While gross margins remain structurally capped near 68% due to platform commission fees, the company has demonstrated an ability to protect its bottom line through disciplined expense management. Investors should monitor whether this profitability can be sustained if marketing spend must increase to defend market share against localized competitors.
According to recent quarterly data, Yalla's ROIC has fluctuated between 6.3% and 10.6% over the last ten quarters, a trend that suggests the company is struggling to deploy its massive cash pile into high-return projects, thereby diluting the overall efficiency of its invested capital base.
The divergence between the company's high net margins and its moderate ROIC highlights the drag created by holding significant non-productive cash on the balance sheet. This suggests that management's conservative capital allocation strategy may be limiting the potential for compounding returns that shareholders typically expect from a technology firm.
Based on reported figures, Yalla maintains a current ratio of 9.02 as of 2025Q4, reflecting an extraordinary liquidity position that provides a massive safety net against potential regulatory or geopolitical shocks within the MENA region, though it also highlights a lack of active capital reinvestment.
The company's liquidity profile is exceptionally strong, characterized by a debt-free balance sheet and substantial cash holdings. While this provides a fortress-like defense against short-term stress, it warrants further investigation into whether this capital is being held for a specific strategic purpose or simply reflects a lack of internal growth opportunities.
The P/E ratio is frequently misapplied to Yalla because it fails to distinguish between core operational earnings and the significant interest income generated by the company's $528.6 million cash pile, which obscures the true underlying health and growth trajectory of the social networking and gaming business.
Analysts should instead focus on EV/EBITDA or P/S ratios, adjusting for the cash-heavy balance sheet to better understand the valuation of the operating business. Relying on a simple P/E multiple risks overestimating the company's operational earning power by conflating treasury management gains with the performance of the platform itself.
Includes 30+ ratios · 8 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying YALA stock.
Yalla Group Limited's current P/E ratio is 6.4x. The historical average is 9.1x. This places it at the 20th percentile of its historical range.
Yalla Group Limited's current EV/EBITDA is 2.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.8x.
Yalla Group Limited's return on equity (ROE) is 20.0%. The historical average is 41.2%.
Based on historical data, Yalla Group Limited is trading at a P/E of 6.4x. This is at the 20th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Yalla Group Limited has 67.3% gross margin and 35.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Yalla Group Limited's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.