Ace Integrated Solutions Limited (ACEINTEG.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-134.8%

-₹5.69

vs ₹16.37 price

Levered DCF

₹2.83

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-18.15×	-14.85×	80.75×	74.13×	50×	346.43×	49.49×	138.57×
P/B	1.03×	1.32×	1.73×	1.89×	2.76×	2.93×	2.95×	3.13×
P/S	21.29×	2.71×	3.6×	5.03×	5.66×	7.45×	3.66×	8.31×
EV / EBITDA	-10.92×	-11.99×	59.05×	39.11×	34.47×	70.85×	31.72×	53.86×
Gross margin	-74.1%	19.2%	31.1%	21.6%	39.8%	23.9%	43.0%	57.0%
Operating margin	-211.1%	-29.9%	28.7%	8.1%	14.2%	1.1%	8.0%	7.2%
Net margin	-117.3%	-18.2%	4.5%	6.8%	11.3%	2.1%	7.4%	6.1%
Current ratio	39.13×	19.6×	12.27×	8.87×	3.99×	3.85×	4.15×	3.08×
Debt / equity	0×	0.01×	0.01×	0.01×	0.11×	0.02×	0.06×	0.07×
Interest coverage	-171×	-128×	131×	28×	31×	0.87×	6.27×	1.92×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-5.7%	-8.9%	2.2%	2.5%	5.5%	0.8%	5.9%	2.3%
Return on invested capital	-8.0%	-10.7%	13.5%	2.1%	4.1%	0.4%	4.5%	1.5%
Return on assets	-5.6%	-8.6%	2.0%	2.3%	4.4%	0.7%	4.8%	1.8%
Free cash flow yield	-0.1%	-0.2%	0.5%	2.2%	3.6%	2.6%	-1.8%	4.6%
Earnings yield	-5.5%	-6.7%	1.2%	1.4%	2.0%	0.3%	2.0%	0.7%
Enterprise value	₹172.5M	₹230.2M	₹318.9M	₹332.4M	₹489.5M	₹490M	₹491.2M	₹489.2M
Net debt / EBITDA	0×	0.07×	-1.96×	-1.81×	-0.37×	-0.67×	-0.22×	-0.56×
Cash conversion cycle (days)	905	154	186	240	149	240	108	-174