The a2 Milk Company Limited (FRA:14L)

The a2 Milk Company Statistics

Total Valuation

FRA:14L has a market cap or net worth of EUR 4.11 billion. The enterprise value is 3.66 billion.

Market Cap	4.11B
Enterprise Value	3.66B

Important Dates

The last earnings date was Sunday, February 15, 2026.

Earnings Date	Feb 15, 2026
Ex-Dividend Date	Sep 18, 2025

Share Statistics

Current Share Class	725.43M
Shares Outstanding	n/a
Shares Change (YoY)	+0.04%
Shares Change (QoQ)	-0.14%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	722.42M

Valuation Ratios

The trailing PE ratio is 68.63 and the forward PE ratio is 33.05.

PE Ratio	68.63
Forward PE	33.05
PS Ratio	4.07
PB Ratio	6.05
P/TBV Ratio	7.16
P/FCF Ratio	40.36
P/OCF Ratio	38.45
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.90, with an EV/FCF ratio of 35.99.

EV / Earnings	61.20
EV / Sales	3.51
EV / EBITDA	24.90
EV / EBIT	26.90
EV / FCF	35.99

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)	n/a
Revenue Per Employee	1.97M
Profits Per Employee	117,064
Employee Count	511
Asset Turnover	1.10
Inventory Turnover	6.08

Taxes

In the past 12 months, FRA:14L has paid 48.75 million in taxes.

Income Tax	48.75M
Effective Tax Rate	33.03%

Stock Price Statistics

The stock price has increased by +28.19% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+28.19%
50-Day Moving Average	5.11
200-Day Moving Average	4.85
Relative Strength Index (RSI)	66.92
Average Volume (20 Days)	70

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, FRA:14L had revenue of EUR 1.01 billion and earned 59.82 million in profits. Earnings per share was 0.08.

Revenue	1.01B
Gross Profit	462.09M
Operating Income	131.62M
Pretax Income	147.60M
Net Income	59.82M
EBITDA	139.21M
EBIT	131.62M
Earnings Per Share (EPS)	0.08

Balance Sheet

The company has 439.49 million in cash and 9.38 million in debt, with a net cash position of 430.10 million.

Cash & Cash Equivalents	439.49M
Total Debt	9.38M
Net Cash	430.10M
Net Cash Per Share	n/a
Equity (Book Value)	679.02M
Book Value Per Share	0.94
Working Capital	415.17M

Cash Flow

In the last 12 months, operating cash flow was 106.76 million and capital expenditures -5.05 million, giving a free cash flow of 101.71 million.

Operating Cash Flow	106.76M
Capital Expenditures	-5.05M
Free Cash Flow	101.71M
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 0.10, which amounts to a dividend yield of 1.84%.

Dividend Per Share	0.10
Dividend Yield	1.84%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	118.75%
Buyback Yield	-0.04%
Shareholder Yield	1.80%
Earnings Yield	1.46%
FCF Yield	2.48%

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

FRA:14L has an Altman Z-Score of 11.9 and a Piotroski F-Score of 5.

Altman Z-Score	11.9
Piotroski F-Score	5