The a2 Milk Company Ratios and Metrics

Market cap in millions EUR. Fiscal year is July - June.

Millions EUR. Fiscal year is Jul - Jun.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Market Capitalization	4,105	3,232	2,917	2,167	2,183	2,819
Market Cap Growth	59.84%	10.79%	34.61%	-0.70%	-22.57%	-67.11%
Enterprise Value	3,661	2,732	2,498	1,805	1,806	2,373
Last Close Price	5.59	4.36	3.98	2.87	2.80	3.78
PE Ratio	68.63	30.80	30.63	24.82	29.90	59.36
PS Ratio	4.07	3.29	3.07	2.43	2.54	3.97
PB Ratio	6.05	4.37	4.08	3.36	3.07	4.42
P/TBV Ratio	7.16	4.66	4.44	3.72	3.42	4.48
P/FCF Ratio	40.36	31.59	21.50	38.16	18.44	57.17
P/OCF Ratio	38.45	31.01	20.07	34.71	17.99	53.54
EV/Sales Ratio	3.51	2.78	2.63	2.02	2.10	3.35
EV/EBITDA Ratio	24.90	19.69	19.18	14.96	15.88	31.00
EV/EBIT Ratio	26.90	21.29	21.73	15.99	17.10	31.88
EV/FCF Ratio	35.99	26.70	18.41	31.78	15.25	48.13
Debt / Equity Ratio	0.01	0.07	0.05	0.09	0.10	0.02
Debt / EBITDA Ratio	0.07	0.37	0.28	0.46	0.64	0.12
Debt / FCF Ratio	0.09	0.51	0.28	1.00	0.63	0.20
Net Debt / Equity Ratio	-0.63	-0.70	-0.72	-0.61	-0.64	-0.79
Net Debt / EBITDA Ratio	-3.09	-3.72	-3.94	-3.26	-3.99	-6.60
Net Debt / FCF Ratio	-4.23	-5.05	-3.78	-6.92	-3.84	-10.25
Asset Turnover	1.10	1.03	1.00	0.96	0.94	0.85
Inventory Turnover	6.09	6.43	4.86	5.11	6.19	5.36
Quick Ratio	2.29	2.65	2.51	2.32	2.22	3.48
Current Ratio	2.96	3.22	3.09	2.96	2.66	3.99
Return on Equity (ROE)	14.72%	14.29%	12.79%	12.36%	10.07%	7.27%
Return on Assets (ROA)	8.98%	8.43%	7.55%	7.56%	7.18%	5.59%
Return on Invested Capital (ROIC)	35.41%	41.96%	32.55%	29.73%	34.20%	32.76%
Return on Capital Employed (ROCE)	19.00%	16.60%	15.30%	16.30%	13.90%	11.50%
Earnings Yield	1.46%	3.25%	3.26%	4.03%	3.35%	1.69%
FCF Yield	2.48%	3.17%	4.65%	2.62%	5.42%	1.75%
Dividend Yield	1.84%	2.37%	-	-	-	-
Payout Ratio	118.75%	30.33%	-	-	-	-
Buyback Yield / Dilution	-0.04%	-0.20%	1.37%	0.96%	-0.14%	-0.33%
Total Shareholder Return	1.80%	2.18%	1.37%	0.96%	-0.14%	-0.33%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.