Latest Ratios: P/E Ratio 2.1x · EV/EBITDA -5.9x · ROE 6.0%. (2014–2025 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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6M | $6M | — | — | — | — | — | — | — | — | — |
| Enterprise Value | $-25349173 | $-24931000 | — | — | — | — | — | — | — | — | — |
| P/E Ratio → | 2.05 | 2.31 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.08 | 0.09 | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.05 | 0.05 | — | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.38 | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | -5.95 | -5.85 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | -9.02 | -6.80 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.8% | 74.8% | 51.0% | 26.2% | -2.4% | 29.0% | 28.8% | 28.4% | 24.4% | 23.6% | 36.0% |
| Operating Margin | 4.3% | 4.3% | -52.9% | -30.6% | -114.8% | -4.2% | -2.2% | -6.1% | -17.2% | -12.1% | -30.7% |
| Net Profit Margin | 5.7% | 5.7% | -88.4% | -29.0% | -119.9% | -5.4% | -5.8% | -5.2% | -20.3% | -19.7% | -28.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.0% | 6.0% | -104.3% | -64.2% | -109.3% | -5.8% | -7.7% | -9.9% | -28.6% | -19.8% | -24.2% |
| ROA | 2.5% | 2.5% | -27.2% | -20.1% | -55.6% | -3.4% | -3.8% | -4.0% | -16.4% | -13.7% | -17.3% |
| ROIC | 5.5% | 5.5% | -88.1% | -80.4% | -78.0% | -3.1% | -1.9% | -6.8% | -18.5% | -10.1% | -21.0% |
| ROCE | 4.4% | 4.4% | -58.1% | -63.9% | -99.3% | -4.2% | -2.7% | -11.2% | -23.5% | -18.3% | -79.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.21 | 1.00 | 0.60 | 0.27 | 0.21 | 0.84 | 0.42 | 0.09 | 0.10 |
| Debt / EBITDA | 0.50 | 0.50 | — | — | — | — | 62.23 | — | — | — | — |
| Net Debt / Equity | — | -0.28 | -1.15 | -0.23 | -0.44 | 0.13 | 0.03 | 0.49 | 0.04 | -0.07 | -0.11 |
| Net Debt / EBITDA | -7.26 | -7.26 | — | — | — | — | 7.48 | — | — | — | — |
| Debt / FCF | — | — | — | — | -0.49 | — | — | — | — | — | — |
| Interest Coverage | 51.68 | 51.68 | -46.11 | -25.72 | -102.99 | -2.41 | -3.97 | -4.43 | -40.34 | -42.69 | -37.02 |
Net cash position: cash ($33M) exceeds total debt ($2M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.36 | 1.36 | 1.45 | 1.33 | 1.49 | 1.75 | 1.97 | 1.20 | 1.54 | 1.94 | 0.81 |
| Quick Ratio | 1.36 | 1.36 | 1.45 | 1.32 | 1.49 | 1.75 | 1.97 | 1.20 | 1.34 | 1.36 | 0.48 |
| Cash Ratio | 0.23 | 0.23 | 0.78 | 0.47 | 0.65 | 0.30 | 0.47 | 0.18 | 0.59 | 0.68 | 0.22 |
| Asset Turnover | — | 0.26 | 0.66 | 0.81 | 0.76 | 0.61 | 0.54 | 0.64 | 0.77 | 0.66 | 0.56 |
| Inventory Turnover | — | — | — | 76.08 | — | — | — | — | 6.33 | 2.53 | 1.44 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 48.7% | 43.4% | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 15.8% | 14.7% | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 15.8% | 14.7% | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $3M | $2M | $2M | $2M | $2M | $2M | $1M | $1M | $557280 | $526460 |
Frontier market regulatory exposure
As reported in recent financial filings, AMBR's P/FFO multiple of 25.21x in 2025Q2 reflects significant valuation uncertainty, as the company's historical FFO per share has swung wildly from negative $65.06 in 2022Q4 to positive $0.34, making traditional multiple-based comparisons highly unreliable for investors.
The current P/FFO multiple appears to be a function of extreme earnings instability rather than a reflection of steady-state growth potential. Investors should monitor whether the recent positive FFO represents a sustainable shift in project delivery or merely a temporary accounting anomaly typical of frontier market development cycles.
Based on the provided quarterly data, AMBR achieved a 71.3% NOI margin in 2025Q2, yet this high property-level profitability is significantly offset by substantial corporate overhead, which suggests that the company's current scale remains insufficient to achieve meaningful bottom-line efficiency in its frontier market operations.
While the NOI margin indicates strong property-level performance, the persistent gap between gross and operating profitability warrants further investigation into administrative cost structures. It appears that the company's profitability is highly sensitive to the timing of project completions, which may lead to erratic earnings performance in future periods.
According to the latest balance sheet data, AMBR has maintained a remarkably low debt-to-equity ratio of 0.05 as of 2025Q2, representing a significant reduction from the 1.11 ratio observed in 2024Q2, which indicates a shift toward a more conservative capital structure during this period of asset base contraction.
The minimal debt profile suggests that the company is prioritizing capital preservation over debt-fueled expansion, which is a prudent approach given the inherent risks of frontier market development. However, investors should monitor whether this low leverage is a strategic choice to mitigate risk or a result of limited access to institutional financing.
As indicated by the company's financial profile, the most commonly misapplied metric for AMBR is the standard P/E ratio, which fails to account for the massive non-cash depreciation charges and lumpy project-based revenue recognition that characterize the firm's frontier market development business model.
Using P/E to value AMBR obscures the underlying economic reality of its development projects, as depreciation charges often create artificial earnings volatility that does not reflect actual cash generation. Analysts should instead focus on FFO or project-level IRR to better assess the true value of the company's land bank and development pipeline.
Includes 30+ ratios · 12 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AMBR stock.
Amber International Holding Ltd's current P/E ratio is 2.1x. The historical average is 2.3x.
Amber International Holding Ltd's current EV/EBITDA is -5.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Amber International Holding Ltd's return on equity (ROE) is 6.0%. The historical average is -37.6%.
Based on historical data, Amber International Holding Ltd is trading at a P/E of 2.1x. Compare with industry peers and growth rates for a complete picture.
Amber International Holding Ltd has 74.8% gross margin and 4.3% operating margin.
Amber International Holding Ltd's Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.