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BOWNBowen Acquisition Corp
$9.19$28M
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  4. Financial Ratios

Bowen Acquisition Corp (BOWN) Financial Ratios

Latest Ratios: P/E Ratio 28.7x · EV/EBITDA 7.0x · ROE 4.0%. (2023–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BOWN Valuation Multiples

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

MetricTTMFY 2024FY 2023
Market Cap$28M$100M$61M
Enterprise Value$21M$101M$61M
P/E Ratio →28.7234.1334.40
P/S Ratio———
P/B Ratio1.121.330.85
P/FCF———
P/OCF———

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

BOWN EV Ratios

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

MetricTTMFY 2024FY 2023
EV / Revenue———
EV / EBITDA6.9832.9640.82
EV / EBIT—32.9640.82
EV / FCF———

BOWN Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2024FY 2023
Gross Margin———
Operating Margin———
Net Profit Margin———

Return on Capital

MetricTTMFY 2024FY 2023
ROE4.0%4.0%2.5%
ROA4.0%4.0%2.5%
ROIC-0.6%-0.6%—
ROCE-0.9%-0.9%-0.3%

BOWN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023
Debt / Equity0.010.01—
Debt / EBITDA0.190.19—
Net Debt / Equity—0.01-0.01
Net Debt / EBITDA0.150.15-0.29
Debt / FCF———
Interest Coverage34.9634.96—

BOWN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023
Current Ratio0.240.244.88
Quick Ratio0.240.244.88
Cash Ratio0.100.104.11
Asset Turnover———
Inventory Turnover———
Days Sales Outstanding———

BOWN 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 2024FY 2023
Dividend Yield———
Payout Ratio———

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023
Earnings Yield3.5%2.9%2.9%
FCF Yield———
Buyback Yield0.0%——
Total Shareholder Yield0.0%——
Shares Outstanding—$9M$6M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent Liquidation Deadline Risk

Speculative Premium Amidst Asset Erosion

According to recent financial data, BOWN trades at a P/E of 28.72 and an EV/EBITDA of 6.98, which appears disconnected from the company's lack of operational revenue and the severe depletion of its liquid asset base as it approaches its mandatory business combination deadline.

The current valuation multiples likely reflect an option value on the sponsor's ability to secure a merger rather than any fundamental earning power. Investors should monitor whether this premium can be sustained as the company's cash reserves dwindle, potentially forcing a dilutive financing event or a liquidation scenario.

Liquidity Buffer Nearing Critical Exhaustion

Based on the most recent 2025Q3 filings, the company's current ratio has plummeted to 0.07, indicating that BOWN lacks the necessary liquid assets to cover its ongoing administrative and regulatory obligations without immediate external capital support or a successful, timely business combination.

This rapid deterioration from a current ratio of 6.89 in 2023Q3 highlights the unsustainable nature of the current cash burn. The lack of a meaningful liquidity buffer suggests that the company is highly vulnerable to any unexpected regulatory costs or delays in the deal-sourcing process.

Debt Service Risk Amidst Insolvency

As reported in financial statements, the company's D/E ratio has fluctuated significantly, reaching 0.11 in 2025Q2, which warrants further investigation given the negative equity position of -$2.4 million reported in 2025Q3, suggesting that the vehicle's ability to service any future debt is severely compromised.

While the absolute debt levels appear low, the lack of operational cash flow makes even minor interest obligations a potential threat to the company's solvency. The shift into negative equity implies that the capital structure is no longer supported by tangible assets, increasing the risk for common shareholders.

Misapplied Metrics in Shell Vehicles

The P/E ratio is the most commonly misapplied metric for BOWN, as it obscures the reality that the company generates no operational earnings and is essentially a vehicle for capital deployment rather than a business with a sustainable, recurring profit-generating model.

Analysts should instead focus on the 'Trust Value per Share' and the 'Cash Burn Rate' to assess the true risk to capital. Relying on P/E or other profitability-based multiples in a pre-merger shell company context may lead to a fundamental misunderstanding of the vehicle's actual risk-reward profile.

Download Financial Ratios Data

Includes 30+ ratios · 2 years · Updated daily

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BOWN — Frequently Asked Questions

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

What is Bowen Acquisition Corp's P/E ratio?

Bowen Acquisition Corp's current P/E ratio is 28.7x. The historical average is 34.3x.

What is Bowen Acquisition Corp's EV/EBITDA?

Bowen Acquisition Corp's current EV/EBITDA is 7.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 36.9x.

What is Bowen Acquisition Corp's ROE?

Bowen Acquisition Corp's return on equity (ROE) is 4.0%. The historical average is 3.3%.

Is BOWN stock overvalued?

Based on historical data, Bowen Acquisition Corp is trading at a P/E of 28.7x. Compare with industry peers and growth rates for a complete picture.

How much debt does Bowen Acquisition Corp have?

Bowen Acquisition Corp's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.