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 6.46 billion. The enterprise value is 5.54 billion.

Market Cap	6.46B
Enterprise Value	5.54B

Important Dates

The last earnings date was Sunday, August 17, 2025.

Earnings Date	Aug 17, 2025
Ex-Dividend Date	Mar 20, 2025

Share Statistics

Current Share Class	724.02M
Shares Outstanding	n/a
Shares Change (YoY)	+0.20%
Shares Change (QoQ)	+0.16%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	721.45M

Valuation Ratios

The trailing PE ratio is 34.36 and the forward PE ratio is 34.30.

PE Ratio	34.36
Forward PE	34.30
PS Ratio	3.67
PB Ratio	4.87
P/TBV Ratio	5.20
P/FCF Ratio	35.24
P/OCF Ratio	34.60
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.35, with an EV/FCF ratio of 30.22.

EV / Earnings	29.46
EV / Sales	3.23
EV / EBITDA	22.35
EV / EBIT	24.72
EV / FCF	30.22

Financial Position

The company has a current ratio of 3.22, with a Debt / Equity ratio of 0.07.

Current Ratio	3.22
Quick Ratio	2.65
Debt / Equity	0.07
Debt / EBITDA	0.37
Debt / FCF	0.51
Interest Coverage	58.86

Financial Efficiency

Return on equity (ROE) is 14.30% and return on invested capital (ROIC) is 10.86%.

Return on Equity (ROE)	14.30%
Return on Assets (ROA)	8.43%
Return on Invested Capital (ROIC)	10.86%
Return on Capital Employed (ROCE)	16.63%
Revenue Per Employee	3.44M
Profits Per Employee	367,928
Employee Count	488
Asset Turnover	1.03
Inventory Turnover	6.43

Taxes

In the past 12 months, ASX:A2M has paid 90.04 million in taxes.

Income Tax	90.04M
Effective Tax Rate	33.59%

Stock Price Statistics

The stock price has increased by +55.11% in the last 52 weeks. The beta is 0.27, so ASX:A2M's price volatility has been lower than the market average.

Beta (5Y)	0.27
52-Week Price Change	+55.11%
50-Day Moving Average	7.93
200-Day Moving Average	7.26
Relative Strength Index (RSI)	71.77
Average Volume (20 Days)	2,712,643

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 1.76 billion and earned 188.01 million in profits. Earnings per share was 0.26.

Revenue	1.76B
Gross Profit	810.98M
Operating Income	229.90M
Pretax Income	268.04M
Net Income	188.01M
EBITDA	248.62M
EBIT	229.90M
Earnings Per Share (EPS)	0.26

Balance Sheet

The company has 1.02 billion in cash and 93.35 million in debt, giving a net cash position of 926.15 million.

Cash & Cash Equivalents	1.02B
Total Debt	93.35M
Net Cash	926.15M
Net Cash Per Share	n/a
Equity (Book Value)	1.33B
Book Value Per Share	1.86
Working Capital	927.52M

Cash Flow

In the last 12 months, operating cash flow was 186.70 million and capital expenditures -3.39 million, giving a free cash flow of 183.31 million.

Operating Cash Flow	186.70M
Capital Expenditures	-3.39M
Free Cash Flow	183.31M
FCF Per Share	n/a

Margins

Gross margin is 46.08%, with operating and profit margins of 13.06% and 10.68%.

Gross Margin	46.08%
Operating Margin	13.06%
Pretax Margin	15.23%
Profit Margin	10.68%
EBITDA Margin	14.13%
EBIT Margin	13.06%
FCF Margin	10.42%

Dividends & Yields

This stock pays an annual dividend of 0.08, which amounts to a dividend yield of 0.87%.

Dividend Per Share	0.08
Dividend Yield	0.87%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	30.33%
Buyback Yield	-0.20%
Shareholder Yield	0.68%
Earnings Yield	2.91%
FCF Yield	2.84%

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 9.45 and a Piotroski F-Score of 6.

Altman Z-Score	9.45
Piotroski F-Score	6