Aeries Technology, Inc (AERT) Financial Ratios
5 years of historical data (2022–2026) · Industrials · Consulting Services
EV/EBITDA
↓
9.20
↓-74% vs avg
5yr avg: 34.98
30Y Low4.4·High87.1
P/FCF
↓
7.32
↓-97% vs avg
5yr avg: 257.51
30Y Low2.7·High187.5
P/B Ratio
↓
N/A
—
5yr avg: 27.33
30Y Low22.1·High32.6
ROE
↑
N/A
—
5yr avg: 104.7%
30Y Low13%·High255%
Debt/EBITDA
↑
2.61
+18% vs avg
5yr avg: 2.21
30Y Low0.3·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AERT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Aeries Technology, Inc trades at 17.2x earnings, 76% below its 5-year average of 71.2x, sitting at the 67th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 33%. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 97% below the 5-year average of 257.5x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Market Cap | $41M | $15M | $25M | $40M | $298M | $283M |
| Enterprise Value | $51M | $25M | $40M | $54M | $305M | $285M |
| P/E Ratio → | 17.19 | 5.95 | — | 2.54 | 205.77 | 70.36 |
| P/S Ratio | 0.59 | 0.22 | 0.36 | 0.55 | 5.60 | 6.90 |
| P/B Ratio | — | — | — | — | 22.09 | 32.57 |
| P/FCF | 7.32 | 2.67 | — | — | 582.31 | 187.54 |
| P/OCF | 6.12 | 2.23 | — | — | 140.96 | 89.50 |
P/E links to full P/E history page with 30-year chart
AERT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Aeries Technology, Inc's enterprise value stands at 9.2x EBITDA, 74% below its 5-year average of 35.0x. The Industrials sector median is 13.9x, placing the stock at a 34% discount on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 0.57 | 0.75 | 5.75 | 6.94 |
| EV / EBITDA | 9.20 | 4.45 | — | 11.44 | 87.13 | 36.88 |
| EV / EBIT | 11.29 | 5.46 | — | 2.77 | 103.43 | 44.18 |
| EV / FCF | — | 4.36 | — | — | 597.32 | 188.63 |
AERT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Aeries Technology, Inc earns an operating margin of 6.5%, above the Industrials sector average of 4.3%. Operating margins have expanded from 4.1% to 6.5% over the past 3 years, signaling improving operational efficiency. ROIC of 42.4% represents excellent returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Gross Margin | 24.7% | 24.7% | 23.8% | 29.8% | 25.7% | 29.3% |
| Operating Margin | 6.5% | 6.5% | -41.0% | 4.1% | 4.4% | 16.1% |
| Net Profit Margin | 3.6% | 3.6% | -28.1% | 21.6% | 2.7% | 9.8% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| ROE | — | — | — | 254.8% | 13.0% | 46.4% |
| ROA | 6.3% | 6.3% | -44.2% | 37.4% | 5.4% | 21.4% |
| ROIC | 42.4% | 42.4% | -195.3% | 13.1% | 11.1% | 47.8% |
| ROCE | 48.5% | 48.5% | -307.8% | 18.0% | 13.7% | 53.8% |
AERT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Aeries Technology, Inc carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (19% below the sector average of 3.2x). Net debt stands at $10M ($14M total debt minus $5M cash). Interest coverage of 9.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 0.65 | 0.23 |
| Debt / EBITDA | 2.61 | 2.61 | — | 3.46 | 2.51 | 0.26 |
| Net Debt / Equity | — | — | — | — | 0.57 | 0.19 |
| Net Debt / EBITDA | 1.73 | 1.73 | — | 3.02 | 2.19 | 0.21 |
| Debt / FCF | — | 1.69 | — | — | 15.00 | 1.09 |
| Interest Coverage | 9.76 | 9.76 | -29.18 | 42.40 | 15.95 | 14.52 |
AERT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.78x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.86x to 0.78x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.78 | 0.78 | 0.66 | 0.86 | 1.64 | 1.80 |
| Quick Ratio | 0.78 | 0.78 | 0.66 | 0.86 | 1.64 | 1.80 |
| Cash Ratio | 0.16 | 0.16 | 0.09 | 0.05 | 0.09 | 0.05 |
| Asset Turnover | — | 1.67 | 1.76 | 1.47 | 1.54 | 2.17 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 66.31 | 57.10 | 119.59 | 92.22 | 72.35 |
AERT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Aeries Technology, Inc returns 1.4% to shareholders annually primarily through share buybacks. The earnings yield of 5.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Earnings Yield | 5.8% | 16.8% | — | 39.3% | 0.5% | 1.4% |
| FCF Yield | 13.7% | 37.5% | — | — | 0.2% | 0.5% |
| Buyback Yield | 1.4% | 3.8% | 2.9% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.4% | 3.8% | 2.9% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $6M | $5M | $2M | $4M | $4M |
Peer Comparison
Compare AERT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AERTYou | $41M | 17.2 | 9.2 | 7.3 | 24.7% | 6.5% | — | 42.4% | 2.6 |
 EXLS | $4B | 16.8 | 11.6 | 13.6 | 38.4% | 15.0% | 27.2% | 20.4% | 1.1 |
 EPAM | $4B | 11.4 | 4.4 | 6.5 | 26.5% | 9.6% | 10.3% | 15.5% | 0.2 |
 CTSH | $21B | 9.6 | 5.0 | 8.0 | 33.7% | 16.7% | 15.2% | 18.7% | 0.4 |
 KFRC | $830M | 23.2 | 16.1 | 17.7 | 26.8% | 3.8% | 24.9% | 19.1% | 1.3 |
 GLOB | $1B | 13.4 | 4.7 | 5.1 | 35.0% | 7.0% | 4.9% | 5.5% | 1.4 |
 TASK | $443M | 4.5 | 2.6 | 6.0 | 32.6% | 11.9% | 18.6% | 16.3% | 1.5 |
 IBEX | $407M | 12.8 | 7.2 | 14.9 | 30.9% | 8.3% | 24.6% | 19.5% | 1.1 |
 CRM | $124B | 19.5 | 10.7 | 8.6 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 NOW | $98B | 56.9 | 38.2 | 21.5 | 77.5% | 13.7% | 15.5% | 12.4% | 1.3 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 5 years · Updated daily
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AERT — Frequently Asked Questions
Quick answers to the most common questions about buying AERT stock.
What is Aeries Technology, Inc's P/E ratio?
Aeries Technology, Inc's current P/E ratio is 17.2x. The historical average is 26.3x. This places it at the 67th percentile of its historical range.
What is Aeries Technology, Inc's EV/EBITDA?
Aeries Technology, Inc's current EV/EBITDA is 9.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 35.0x.
Is AERT stock overvalued?
Based on historical data, Aeries Technology, Inc is trading at a P/E of 17.2x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Aeries Technology, Inc's profit margins?
Aeries Technology, Inc has 24.7% gross margin and 6.5% operating margin.
How much debt does Aeries Technology, Inc have?
Aeries Technology, Inc's Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.