The a2 Milk Company Limited (ASX:A2M)

The a2 Milk Company Statistics

Total Valuation

ASX:A2M has a market cap or net worth of AUD 6.87 billion. The enterprise value is 6.15 billion.

Market Cap	6.87B
Enterprise Value	6.15B

Important Dates

The next confirmed earnings date is Sunday, August 16, 2026.

Earnings Date	Aug 16, 2026
Ex-Dividend Date	Mar 19, 2026

Share Statistics

Current Share Class	725.43M
Shares Outstanding	n/a
Shares Change (YoY)	+0.04%
Shares Change (QoQ)	-0.14%
Owned by Insiders (%)	0.33%
Owned by Institutions (%)	57.77%
Float	723.06M

Valuation Ratios

The trailing PE ratio is 65.29 and the forward PE ratio is 33.79.

PE Ratio	65.29
Forward PE	33.79
PS Ratio	3.88
PB Ratio	5.75
P/TBV Ratio	6.81
P/FCF Ratio	38.40
P/OCF Ratio	36.58
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.52, with an EV/FCF ratio of 34.33.

EV / Earnings	58.37
EV / Sales	3.60
EV / EBITDA	25.52
EV / EBIT	27.57
EV / FCF	34.33

Financial Position

The company has a current ratio of 2.96, with a Debt / Equity ratio of 0.01.

Current Ratio	2.96
Quick Ratio	2.29
Debt / Equity	0.01
Debt / EBITDA	0.07
Debt / FCF	0.09
Interest Coverage	64.54

Financial Efficiency

Return on equity (ROE) is 14.72% and return on invested capital (ROIC) is 35.41%.

Return on Equity (ROE)	14.72%
Return on Assets (ROA)	8.98%
Return on Invested Capital (ROIC)	35.41%
Return on Capital Employed (ROCE)	19.01%
Weighted Average Cost of Capital (WACC)	6.79%
Revenue Per Employee	3.47M
Profits Per Employee	206,062
Employee Count	511
Asset Turnover	1.10
Inventory Turnover	6.08

Taxes

In the past 12 months, ASX:A2M has paid 85.81 million in taxes.

Income Tax	85.81M
Effective Tax Rate	33.03%

Stock Price Statistics

The stock price has increased by +13.82% in the last 52 weeks. The beta is 0.46, so ASX:A2M's price volatility has been lower than the market average.

Beta (5Y)	0.46
52-Week Price Change	+13.82%
50-Day Moving Average	9.11
200-Day Moving Average	8.81
Relative Strength Index (RSI)	50.83
Average Volume (20 Days)	1,416,893

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, ASX:A2M had revenue of AUD 1.77 billion and earned 105.30 million in profits. Earnings per share was 0.14.

Revenue	1.77B
Gross Profit	813.40M
Operating Income	231.68M
Pretax Income	259.82M
Net Income	105.30M
EBITDA	245.04M
EBIT	231.68M
Earnings Per Share (EPS)	0.14

Balance Sheet

The company has 773.60 million in cash and 16.52 million in debt, with a net cash position of 757.09 million.

Cash & Cash Equivalents	773.60M
Total Debt	16.52M
Net Cash	757.09M
Net Cash Per Share	n/a
Equity (Book Value)	1.20B
Book Value Per Share	1.65
Working Capital	730.81M

Cash Flow

In the last 12 months, operating cash flow was 187.92 million and capital expenditures -8.89 million, giving a free cash flow of 179.03 million.

Operating Cash Flow	187.92M
Capital Expenditures	-8.89M
Depreciation & Amortization	12.84M
Net Borrowing	-27.99M
Free Cash Flow	179.03M
FCF Per Share	n/a

Margins

Gross margin is 45.86%, with operating and profit margins of 13.06% and 5.94%.

Gross Margin	45.86%
Operating Margin	13.06%
Pretax Margin	14.65%
Profit Margin	5.94%
EBITDA Margin	13.81%
EBIT Margin	13.06%
FCF Margin	10.09%

Dividends & Yields

This stock pays an annual dividend of 0.21, which amounts to a dividend yield of 2.20%.

Dividend Per Share	0.21
Dividend Yield	2.20%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	118.75%
Buyback Yield	-0.04%
Shareholder Yield	2.16%
Earnings Yield	1.53%
FCF Yield	2.60%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

ASX:A2M has an Altman Z-Score of 11.9 and a Piotroski F-Score of 5.

Altman Z-Score	11.9
Piotroski F-Score	5