The a2 Milk

A2M · ASX · AUD

$6.67Change from previous close: +1.68%Absolute change: +$0.11

Close · October 2, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$4.86B
Enterprise value
$4B
P/E (trailing 12 months)
29.0
Forward P/E
21.7
PEG
1.75
Price/book
5.60
Price/sales
2.46
EV/EBITDA
13.2
EV/revenue
2.03

Profitability and growth

Gross margin
47.7%
Operating margin
14.7%
Net margin
5.8%
ROE
16.6%
ROA
9.3%
Revenue growth (year over year)
6.5%
Earnings growth (year over year)
-8.1%

Financial health

Total cash
$784.47M
Total debt
$24.31M
Debt/equity
0.02
Current ratio
1.61
Quick ratio
1.14

Dividends

Annual dividend per share
$0.13
Dividend yield
2.0%
Payout ratio
68.7%
Ex-dividend date
September 17, 2026

Analysts and estimates

Average price target
$7.56
Median price target
$7.45
High price target
$8.31
Low price target
$6.81
Number of analysts
10
Consensus
Buy
Forward EPS
$0.31
EPS estimate, current year
$0.30

Shares and trading

Beta
0.28
Average volume
2.13M
Shares outstanding
728.06M
Float
721.83M
Institutional ownership
54.5%
Insider ownership
5.6%