The a2 Milk Company Ratios and Metrics

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 11, 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	4,467	3,796	3,126	2,366	2,282	3,342
Market Cap Growth	69.58%	21.44%	32.11%	3.70%	-31.73%	-65.34%
Enterprise Value	3,850	3,209	2,677	1,970	1,888	2,814
Last Close Price	6.27	5.13	4.19	3.12	2.77	4.49
PE Ratio	36.24	30.80	30.63	24.82	29.90	59.36
PS Ratio	3.87	3.29	3.07	2.43	2.54	3.97
PB Ratio	5.14	4.37	4.08	3.36	3.07	4.42
P/TBV Ratio	5.49	4.66	4.44	3.72	3.42	4.48
P/FCF Ratio	37.17	31.59	21.50	38.16	18.44	57.17
P/OCF Ratio	36.49	31.01	20.07	34.71	17.99	53.54
EV/Sales Ratio	3.35	2.78	2.63	2.02	2.10	3.35
EV/EBITDA Ratio	23.19	19.69	19.18	14.96	15.88	31.00
EV/EBIT Ratio	25.66	21.29	21.73	15.99	17.10	31.88
EV/FCF Ratio	32.04	26.70	18.41	31.78	15.25	48.13
Debt / Equity Ratio	0.07	0.07	0.05	0.09	0.10	0.02
Debt / EBITDA Ratio	0.37	0.37	0.28	0.46	0.64	0.12
Debt / FCF Ratio	0.51	0.51	0.28	1.00	0.63	0.20
Net Debt / Equity Ratio	-0.70	-0.70	-0.72	-0.61	-0.64	-0.79
Net Debt / EBITDA Ratio	-3.72	-3.72	-3.94	-3.26	-3.99	-6.60
Net Debt / FCF Ratio	-5.05	-5.05	-3.78	-6.92	-3.84	-10.25
Asset Turnover	1.03	1.03	1.00	0.96	0.94	0.85
Inventory Turnover	6.43	6.43	4.86	5.11	6.19	5.36
Quick Ratio	2.65	2.65	2.51	2.32	2.22	3.48
Current Ratio	3.22	3.22	3.09	2.96	2.66	3.99
Return on Equity (ROE)	14.29%	14.29%	12.79%	12.36%	10.07%	7.27%
Return on Assets (ROA)	8.43%	8.43%	7.55%	7.56%	7.18%	5.59%
Return on Invested Capital (ROIC)	38.20%	41.96%	32.55%	29.73%	34.20%	32.76%
Return on Capital Employed (ROCE)	16.60%	16.60%	15.30%	16.30%	13.90%	11.50%
Earnings Yield	2.76%	3.25%	3.26%	4.03%	3.35%	1.69%
FCF Yield	2.69%	3.17%	4.65%	2.62%	5.42%	1.75%
Dividend Yield	1.31%	2.37%	-	-	-	-
Payout Ratio	48.55%	30.33%	-	-	-	-
Buyback Yield / Dilution	-0.20%	-0.20%	1.37%	0.96%	-0.14%	-0.33%
Total Shareholder Return	1.21%	2.17%	1.37%	0.96%	-0.14%	-0.33%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.