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ACCLAcco Group Holdings Limited Ordinary Shares
$1.68$23M
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Acco Group Holdings Limited Ordinary Shares (ACCL) Financial Ratios

Latest Ratios: P/E Ratio 178.7x · EV/EBITDA 18.9x · ROE 87.6%. (2022–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ACCL Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022
Market Cap$23M————
Enterprise Value$23M————
P/E Ratio →178.72————
P/S Ratio4.79————
P/B Ratio10.68————
P/FCF15.47————
P/OCF15.24————

P/E links to full P/E history page with 30-year chart

ACCL EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022
EV / Revenue—————
EV / EBITDA18.90————
EV / EBIT21.51————
EV / FCF—————

ACCL Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Gross Margin43.8%43.8%48.5%46.8%46.8%
Operating Margin22.1%22.1%24.2%13.0%13.0%
Net Profit Margin20.9%20.9%22.7%17.3%17.3%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022
ROE87.6%87.6%61.0%30.4%30.4%
ROA48.1%48.1%31.5%17.7%17.7%
ROIC86.5%86.5%—81.9%81.9%
ROCE55.4%55.4%63.8%22.5%22.5%

ACCL Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022
Debt / Equity0.020.020.070.060.06
Debt / EBITDA0.040.040.070.210.21
Net Debt / Equity—-0.10-1.70-0.79-0.79
Net Debt / EBITDA-0.17-0.17-1.69-2.75-2.75
Debt / FCF—-0.14-1.74-2.27-2.27
Interest Coverage—————

Net cash position: cash ($254305) exceeds total debt ($44021)

ACCL Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Current Ratio17.5217.521.712.352.35
Quick Ratio17.5217.521.712.352.35
Cash Ratio1.551.551.361.221.22
Asset Turnover—1.251.631.021.02
Inventory Turnover—————
Days Sales Outstanding—2.7340.92160.81160.81

ACCL Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Dividend Yield—————
Payout Ratio——3.5%8.1%8.1%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Earnings Yield0.6%————
FCF Yield6.5%————
Buyback Yield0.0%————
Total Shareholder Yield0.0%————
Shares Outstanding—$14M$14M$14M$14M

Key Metrics

Growth RegimeDecelerating
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

Liquidity and Working Capital

Premium Valuation Lacks Growth Support

According to current market data, ACCL trades at a P/E of 178.72, which appears significantly detached from its recent growth deceleration and suggests that investors are pricing in a high-growth trajectory that is not currently supported by the company's reported financial performance or recent quarterly revenue trends.

The current valuation multiples, including a P/S of 4.79, imply that the market is assigning a premium typically reserved for high-growth technology firms rather than a professional services provider. Given the recent stagnation in revenue growth, this valuation appears difficult to justify and may be vulnerable to a significant downward correction if the market re-rates the firm as a traditional services entity.

Capital Efficiency Shows Structural Decay

Based on reported figures, ROIC has compressed to 4.8% in 2025Q4, indicating that the company is struggling to generate meaningful returns on its invested capital compared to the 5.8% observed in 2025Q2, which suggests that recent capital allocation may be failing to drive incremental value for shareholders.

The decline in ROIC, coupled with a high P/B ratio of 10.68, indicates that the company is destroying value relative to the capital employed in the business. This trend warrants further investigation into whether the firm's expansion efforts are yielding diminishing returns or if the cost of maintaining its professional service infrastructure is outpacing the revenue generated from new client acquisitions.

Working Capital Cycle Remains Opaque

As reported in financial statements, the asset turnover ratio of 0.64 in 2025Q4 highlights a lack of operational efficiency, suggesting that the company is not effectively utilizing its asset base to generate revenue compared to historical levels observed in earlier periods of the firm's development.

The volatility in DSO, which reached 79 days in 2024Q4 before improving to 11 days in 2025Q4, suggests inconsistent collection practices that may be masking underlying cash flow issues. Investors should monitor whether these improvements in receivables are sustainable or if they are merely a result of aggressive accounting adjustments intended to bolster short-term liquidity.

Liquidity Buffer Remains Precariously Thin

Data from recent filings reveals a current ratio of 1.82, yet this figure is misleading as the company holds only $254,305 in cash against significant deferred revenue liabilities, indicating that the firm's liquidity position is highly vulnerable to any disruption in its recurring service fee collection cycle.

The reliance on deferred revenue to maintain a positive current ratio suggests that the company is essentially operating on client prepayments rather than internal cash reserves. This structure leaves the firm with little margin for error, and any slowdown in new client onboarding could lead to a rapid deterioration in its ability to meet short-term obligations.

Misapplied Focus on Revenue Multiples

Investors frequently misapply revenue-based valuation multiples to ACCL, failing to account for the significant deferred revenue liabilities that obscure the true economic health of the business and the sustainability of its recurring compliance service model in the competitive Hong Kong and Singapore professional services markets.

Using P/S or EV/Sales ratios ignores the fact that a large portion of reported revenue is tied to future service obligations that have not yet been earned. A more appropriate metric would be to adjust for deferred revenue and focus on free cash flow yield, which provides a clearer picture of the company's ability to generate actual cash after fulfilling its regulatory and administrative commitments.

Download Financial Ratios Data

Includes 30+ ratios · 4 years · Updated daily

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ACCL — Frequently Asked Questions

Quick answers to the most common questions about buying ACCL stock.

What is Acco Group Holdings Limited Ordinary Shares's P/E ratio?

Acco Group Holdings Limited Ordinary Shares's current P/E ratio is 178.7x. This places it at the 50th percentile of its historical range.

What is Acco Group Holdings Limited Ordinary Shares's EV/EBITDA?

Acco Group Holdings Limited Ordinary Shares's current EV/EBITDA is 18.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.

What is Acco Group Holdings Limited Ordinary Shares's ROE?

Acco Group Holdings Limited Ordinary Shares's return on equity (ROE) is 87.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 52.3%.

Is ACCL stock overvalued?

Based on historical data, Acco Group Holdings Limited Ordinary Shares is trading at a P/E of 178.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Acco Group Holdings Limited Ordinary Shares's profit margins?

Acco Group Holdings Limited Ordinary Shares has 43.8% gross margin and 22.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Acco Group Holdings Limited Ordinary Shares have?

Acco Group Holdings Limited Ordinary Shares's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.