Latest Ratios: P/E Ratio 73.9x · EV/EBITDA 10.7x · ROE 0.5%. (1996–2025 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 | $66M | $47M | $59M | $82M | $82M | $56M | $24M | $31M | $39M | $43M | $43M |
| Enterprise Value | $240M | $220M | $227M | $259M | $202M | $123M | $109M | $95M | $79M | $74M | $57M |
| P/E Ratio → | 73.91 | 82.43 | 13.51 | 7.06 | 4.90 | 3.63 | 4.41 | 9.68 | 10.78 | 14.44 | 7.24 |
| P/S Ratio | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| P/B Ratio | 0.37 | 0.41 | 0.52 | 0.79 | 0.88 | 0.73 | 0.38 | 0.51 | 0.60 | 0.62 | 0.66 |
| P/FCF | 6.87 | 4.84 | 1.24 | 10.03 | 9.96 | 2.91 | 2.06 | — | 14.60 | — | 2.58 |
| P/OCF | 3.56 | 2.50 | 0.86 | 4.15 | 3.57 | 2.70 | 1.61 | — | 6.61 | — | 2.35 |
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 | — | 0.08 | 0.08 | 0.10 | 0.10 | 0.07 | 0.10 | 0.07 | 0.06 | 0.06 | 0.04 |
| EV / EBITDA | 10.70 | 9.83 | 8.25 | 7.71 | 7.68 | 5.90 | 8.90 | 7.96 | 9.55 | 8.96 | 4.34 |
| EV / EBIT | 19.09 | 140.71 | 12.69 | 10.00 | 8.50 | 6.84 | 11.34 | 14.77 | 13.17 | 11.83 | 5.16 |
| EV / FCF | — | 22.77 | 4.78 | 31.69 | 24.60 | 6.36 | 9.16 | — | 29.46 | — | 3.37 |
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 | 6.7% | 6.7% | 6.7% | 6.7% | 6.4% | 6.0% | 7.8% | 6.0% | 5.8% | 5.7% | 5.8% |
| Operating Margin | 0.4% | 0.4% | 0.7% | 1.0% | 1.1% | 1.1% | 0.8% | 0.7% | 0.4% | 0.5% | 0.8% |
| Net Profit Margin | 0.0% | 0.0% | 0.2% | 0.5% | 0.8% | 0.9% | 0.5% | 0.2% | 0.3% | 0.2% | 0.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.5% | 0.5% | 4.0% | 11.8% | 19.6% | 21.8% | 8.8% | 5.1% | 5.4% | 4.4% | 9.2% |
| ROA | 0.1% | 0.1% | 1.2% | 3.6% | 7.0% | 8.3% | 3.2% | 2.2% | 2.7% | 2.4% | 5.1% |
| ROIC | 3.3% | 3.3% | 4.8% | 7.9% | 9.5% | 9.1% | 5.0% | 6.1% | 4.4% | 5.2% | 9.7% |
| ROCE | 4.5% | 4.5% | 6.3% | 10.3% | 12.6% | 12.4% | 6.7% | 8.0% | 5.7% | 6.7% | 12.4% |
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 | 1.54 | 1.54 | 1.51 | 1.70 | 1.30 | 0.87 | 1.31 | 1.05 | 0.62 | 0.47 | 0.21 |
| Debt / EBITDA | 7.77 | 7.77 | 6.15 | 5.29 | 4.59 | 3.22 | 6.95 | 5.38 | 4.88 | 3.87 | 1.07 |
| Net Debt / Equity | — | 1.53 | 1.51 | 1.70 | 1.29 | 0.86 | 1.30 | 1.05 | 0.61 | 0.46 | 0.20 |
| Net Debt / EBITDA | 7.74 | 7.74 | 6.12 | 5.27 | 4.57 | 3.20 | 6.89 | 5.35 | 4.82 | 3.81 | 1.02 |
| Debt / FCF | — | 17.93 | 3.54 | 21.66 | 14.64 | 3.45 | 7.10 | — | 14.86 | — | 0.79 |
| Interest Coverage | 0.15 | 0.15 | 1.72 | 3.02 | 10.55 | 13.46 | 5.65 | 4.01 | 5.00 | 7.59 | 15.18 |
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 | 2.14 | 2.14 | 2.46 | 3.21 | 2.93 | 2.90 | 3.25 | 4.27 | 3.37 | 3.66 | 3.09 |
| Quick Ratio | 0.77 | 0.77 | 0.91 | 1.14 | 1.06 | 0.88 | 0.88 | 1.03 | 1.08 | 1.20 | 1.41 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 7.20 | 7.25 | 6.99 | 6.95 | 8.88 | 6.00 | 8.83 | 9.45 | 9.67 | 11.53 |
| Inventory Turnover | 17.15 | 17.15 | 17.53 | 14.94 | 13.98 | 16.51 | 10.51 | 12.78 | 15.79 | 16.49 | 25.20 |
| Days Sales Outstanding | — | 9.48 | 9.61 | 10.45 | 11.47 | 7.82 | 11.09 | 6.56 | 8.75 | 8.79 | 8.51 |
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 | 1.5% | 1.4% | 1.1% | 4.3% | 4.2% | 5.9% | 2.4% | 2.1% | 1.8% | 1.7% | 1.5% |
| Payout Ratio | 113.5% | 113.5% | 14.5% | 30.5% | 20.6% | 21.6% | 10.7% | 19.9% | 19.4% | 24.0% | 10.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.4% | 1.2% | 7.4% | 14.2% | 20.4% | 27.5% | 22.7% | 10.3% | 9.3% | 6.9% | 13.8% |
| FCF Yield | 14.6% | 20.7% | 80.9% | 10.0% | 10.0% | 34.4% | 48.4% | — | 6.8% | — | 38.8% |
| Buyback Yield | 1.7% | 2.4% | 0.0% | 0.5% | 0.0% | 0.0% | 8.3% | 24.2% | 19.8% | 2.6% | 11.5% |
| Total Shareholder Yield | 3.2% | 3.8% | 1.1% | 4.8% | 4.2% | 6.0% | 10.7% | 26.3% | 21.6% | 4.3% | 13.0% |
| Shares Outstanding | — | $616486 | $606782 | $595850 | $583062 | $568103 | $567961 | $609836 | $672449 | $692183 | $713897 |
Razor-thin margin sensitivity
According to recent market data, DIT trades at a P/E of 73.91 and an EV/EBITDA of 10.70, which, when compared to industry peers like Performance Food Group, suggests that the market may be mispricing the company's earnings volatility and its extremely thin net margin profile.
The elevated P/E ratio appears disconnected from the company's underlying profitability, likely reflecting depressed earnings rather than high growth expectations. Investors should monitor whether this valuation is supported by the retail health food segment's potential or if it represents a misinterpretation of the wholesale business's long-term earnings power.
As reported in financial statements, DIT's ROIC has struggled to maintain positive territory, recently dipping to -0.1% in 2026Q2, which indicates that the company is failing to generate adequate returns on its invested capital compared to the broader distribution sector's historical performance.
The decay in ROIC suggests that the company's investments in logistics and warehouse infrastructure are not yielding sufficient incremental profit. This trend warrants further investigation into whether the regional distribution model can achieve the scale necessary to drive meaningful capital compounding.
Based on reported figures, DIT's cash conversion cycle has fluctuated between 14 and 28 days over the last ten quarters, highlighting a reliance on tight inventory management that leaves little room for operational error in the face of regional supply chain disruptions.
The variability in DSO and DIO suggests that the company's working capital efficiency is highly sensitive to the timing of tobacco and snack replenishment. This lack of consistency in the cash conversion cycle may explain the company's persistently low cash balances and reliance on revolving credit.
As evidenced by the company's quarterly balance sheet data, cash and equivalents have remained consistently below $1 million, a figure that appears inadequate for a multi-billion dollar enterprise and suggests a highly vulnerable liquidity position under potential stress scenarios.
The current ratio, while appearing stable, masks the reality that the company's liquidity is almost entirely tied up in inventory rather than liquid assets. This structure leaves the firm exposed to any sudden contraction in credit availability or unexpected spikes in operating costs.
The P/E ratio is the most commonly misapplied metric for DIT, as it fails to account for the massive, non-margin-contributing excise taxes included in revenue and the extreme volatility of net income inherent in the company's low-margin wholesale distribution business model.
Analysts should instead focus on EV/EBITDA or adjusted net revenue metrics to better capture the company's true economic scale and operational performance. Relying on P/E in this context likely leads to distorted conclusions regarding the company's valuation and its ability to generate sustainable shareholder value.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying DIT stock.
AMCON Distributing Company's current P/E ratio is 73.9x. The historical average is 9.3x. This places it at the 96th percentile of its historical range.
AMCON Distributing Company's current EV/EBITDA is 10.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.5x.
AMCON Distributing Company's return on equity (ROE) is 0.5%. The historical average is 14.8%.
Based on historical data, AMCON Distributing Company is trading at a P/E of 73.9x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
AMCON Distributing Company's current dividend yield is 1.54% with a payout ratio of 113.5%.
AMCON Distributing Company has 6.7% gross margin and 0.4% operating margin.
AMCON Distributing Company's Debt/EBITDA ratio is 7.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.