Latest Ratios: P/E Ratio 19.5x · EV/EBITDA 10.9x · ROE 15.8%. (2020–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $299M | $192M | $153M | $123M | $142M | $462M | — |
| Enterprise Value | $388M | $281M | $261M | $278M | $293M | $530M | — |
| P/E Ratio → | 19.53 | 12.57 | 33.30 | — | 4.97 | 13.50 | — |
| P/S Ratio | 0.28 | 0.18 | 0.14 | 0.11 | 0.10 | 0.35 | — |
| P/B Ratio | 2.89 | 1.86 | 1.74 | 1.54 | 1.31 | 5.75 | — |
| P/FCF | 11.16 | 7.16 | 2.74 | 47.89 | — | 6.23 | — |
| P/OCF | 11.14 | 7.15 | 2.73 | 36.23 | — | 6.18 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.26 | 0.24 | 0.24 | 0.21 | 0.40 | — |
| EV / EBITDA | 10.95 | 7.93 | 13.05 | — | 5.81 | 8.93 | — |
| EV / EBIT | 12.89 | 9.61 | 18.53 | — | 6.95 | 11.06 | — |
| EV / FCF | — | 10.52 | 4.70 | 108.31 | — | 7.15 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 12.5% | 12.5% | 11.7% | 9.0% | 12.9% | 13.8% | 15.4% |
| Operating Margin | 2.8% | 2.8% | 1.3% | -2.8% | 3.0% | 3.6% | 1.2% |
| Net Profit Margin | 1.4% | 1.4% | 0.4% | -3.1% | 2.0% | 2.6% | 0.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 15.8% | 15.8% | 5.5% | -37.6% | 30.2% | 51.3% | 10.1% |
| ROA | 4.3% | 4.3% | 1.3% | -8.2% | 6.6% | 10.3% | 1.9% |
| ROIC | 11.6% | 11.6% | 4.9% | -9.9% | 15.5% | 27.5% | 6.1% |
| ROCE | 15.8% | 15.8% | 10.1% | -31.1% | 30.9% | 36.2% | 8.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.88 | 0.88 | 1.25 | 1.96 | 1.40 | 0.90 | 1.17 |
| Debt / EBITDA | 2.56 | 2.56 | 5.49 | — | 3.02 | 1.21 | 2.46 |
| Net Debt / Equity | — | 0.87 | 1.24 | 1.95 | 1.38 | 0.85 | 1.14 |
| Net Debt / EBITDA | 2.53 | 2.53 | 5.43 | — | 2.99 | 1.15 | 2.41 |
| Debt / FCF | — | 3.35 | 1.96 | 60.41 | — | 0.92 | 2.45 |
| Interest Coverage | 2.77 | 2.77 | 1.15 | -2.80 | 10.38 | 16.31 | 2.63 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.26 | 1.26 | 1.33 | 0.87 | 1.02 | 1.11 | 0.89 |
| Quick Ratio | 0.67 | 0.67 | 0.67 | 0.38 | 0.31 | 0.51 | 0.50 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 | 0.01 |
| Asset Turnover | — | 2.94 | 3.23 | 2.97 | 3.00 | 3.40 | 2.80 |
| Inventory Turnover | 9.05 | 9.05 | 9.97 | 7.19 | 4.95 | 7.97 | 10.33 |
| Days Sales Outstanding | — | 36.81 | 30.63 | 33.06 | 25.48 | 30.70 | 33.36 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | 1.5% | — |
| Payout Ratio | — | — | — | — | — | 19.9% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.1% | 8.0% | 3.0% | — | 20.1% | 7.4% | — |
| FCF Yield | 9.0% | 14.0% | 36.4% | 2.1% | — | 16.0% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.5% | — |
| Shares Outstanding | — | $51M | $51M | $48M | $14M | $48M | $7M |
Thin liquidity and leverage
According to current market data, AENT trades at a forward P/E of 12.83, which appears to discount the company's role as a legacy media distributor while potentially ignoring the operational pivot toward specialized third-party logistics services that could offer higher terminal value than pure-play physical media.
The current EV/EBITDA multiple of 10.95 suggests that investors are pricing in significant execution risk regarding the company's ability to maintain margins in a declining physical media market. This valuation appears to be a 'melting ice cube' discount, where the market remains skeptical of the long-term sustainability of the collector economy and the company's ability to scale its 3PL segment.
Based on reported financial statements, AENT's ROIC has fluctuated between 0.2% and 5.9% over the last ten quarters, indicating that the company struggles to generate returns that consistently exceed the cost of capital in its high-volume, low-margin wholesale distribution business model.
The volatility in ROIC is primarily driven by the company's inability to maintain stable operating margins, which are frequently pressured by logistics costs and inventory obsolescence. Investors should monitor whether management can improve capital efficiency through higher-margin 3PL services, as the current returns suggest a business model that is capital-intensive relative to its earning power.
As reported in recent filings, AENT's cash conversion cycle has remained volatile, ranging from 12 to 28 days, which highlights the company's extreme sensitivity to inventory turnover and the timing of accounts receivable collections from major retail partners in a high-volume environment.
The fluctuation in the CCC suggests that the company's working capital management is highly reactive to seasonal demand spikes rather than optimized for consistent efficiency. This reliance on rapid inventory turnover to fund operations leaves the company vulnerable to any slowdown in retail sell-through, which would immediately strain its already thin cash position.
According to quarterly data, AENT's debt-to-EBITDA ratio has reached as high as 57.15 in recent periods, suggesting that the company's ability to service its debt is highly precarious and dependent on maintaining access to credit facilities to manage its massive inventory requirements.
The interest coverage ratio, which has dipped into negative territory in some quarters, indicates that the company's debt service capacity is extremely sensitive to operating income volatility. Investors should view the current leverage profile as a significant risk factor, as any sustained decline in revenue could trigger covenant issues or necessitate further dilutive financing.
Market participants often misapply top-line revenue growth as a primary indicator of health, which obscures the reality that AENT's shift toward 3PL services may cause headline revenue to decline while simultaneously improving the company's underlying profitability and long-term business quality.
Focusing on revenue growth ignores the fundamental transition from a principal-based wholesale model to an agent-based 3PL model, where margins are higher but top-line figures are lower. Analysts should instead prioritize operating margin expansion and free cash flow conversion as more accurate indicators of the company's success in pivoting its business model.
Includes 30+ ratios · 6 years · Updated daily
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Quick answers to the most common questions about buying AENT stock.
Alliance Entertainment Holding Corporation's current P/E ratio is 19.5x. The historical average is 16.1x. This places it at the 75th percentile of its historical range.
Alliance Entertainment Holding Corporation's current EV/EBITDA is 10.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
Alliance Entertainment Holding Corporation's return on equity (ROE) is 15.8%. The historical average is 12.6%.
Based on historical data, Alliance Entertainment Holding Corporation is trading at a P/E of 19.5x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Alliance Entertainment Holding Corporation has 12.5% gross margin and 2.8% operating margin.
Alliance Entertainment Holding Corporation's Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.