Acme United Corporation (ACU) 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

-5.0%

$65.69

vs $69.12 price

Levered DCF

$116.29

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.73

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	14.99×	13.77×	8.82×	25.47×	8.58×	12.45×	14.42×	10.48×
P/B	1.3×	1.29×	1.6×	0.98×	1.52×	1.61×	1.43×	0.92×
P/S	0.78×	0.71×	0.82×	0.4×	0.64×	0.61×	0.56×	0.35×
EV / EBITDA	8.38×	8.05×	5.74×	12.65×	7.92×	9.93×	9.52×	8.23×
Gross margin	39.4%	39.3%	37.7%	32.8%	35.6%	36.3%	36.5%	36.9%
Operating margin	7.5%	7.3%	6.9%	3.2%	7.0%	7.0%	5.9%	5.4%
Net margin	5.2%	5.2%	9.3%	1.6%	7.5%	4.9%	3.9%	3.3%
Current ratio	4.21×	4.17×	3.54×	4.77×	4.7×	4.14×	4.41×	5.46×
Debt / equity	0.24×	0.31×	0.26×	0.8×	0.62×	0.76×	0.71×	0.84×
Interest coverage	8.75×	6.79×	4.26×	2.62×	13.85×	12.09×	4.61×	3.94×
Dividend yield	1.5%	1.6%	1.3%	2.5%	1.5%	1.6%	2.0%	3.1%
Payout ratio	23.0%	22.2%	11.2%	62.7%	13.1%	19.8%	29.2%	32.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	8.7%	9.4%	18.2%	3.8%	17.7%	12.9%	9.9%	8.8%
Return on invested capital	7.6%	8.2%	8.3%	3.6%	9.2%	8.5%	7.5%	6.4%
Return on assets	6.0%	6.2%	11.9%	1.8%	9.5%	6.2%	5.0%	4.2%
Free cash flow yield	5.0%	3.5%	15.3%	-2.2%	-1.1%	3.1%	16.3%	2.6%
Earnings yield	6.7%	7.3%	11.3%	3.9%	11.7%	8.0%	6.9%	9.6%
Enterprise value	$177.3M	$164.6M	$177.5M	$134.6M	$159.6M	$144.3M	$112.3M	$87.6M
Net debt / EBITDA	1.17×	1.29×	0.67×	5.39×	2.12×	3×	2.76×	3.72×
Cash conversion cycle (days)	213	199	183	209	207	211	197	207