Arigato Universe Ltd (ARIGATO.BO) 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

-4483.5%

-₹1,293.14

vs ₹29.50 price

Levered DCF

-₹6,262.04

After debt service

Piotroski score

—

Altman Z-score

—

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
P/E	15.48×	-10.17×	195.1×	260×	120.59×	46.69×	73.46×
P/B	3.69×	4.62×	4.39×	1.07×	1.21×	0.73×	1.16×
P/S	1.23×	4.71×	27.35×	33.3×	35.82×	19.61×	35.16×
EV / EBITDA	16.15×	-11.53×	160.3×	179.42×	64.89×	37.44×	57.61×
Gross margin	19.4%	7.4%	-0.1%	0.8%	-0.7%	-1.6%	-2.3%
Operating margin	5.8%	3.0%	-9.3%	-51.5%	53.6%	0.0%	60.4%
Net margin	8.0%	-46.3%	13.9%	13.7%	29.5%	42.3%	47.6%
Current ratio	2.36×	2.05×	3.56×	3.07×	1.01×	1.18×	0.6×
Debt / equity	0×	0.57×	0×	0×	0×	0×	0×
Interest coverage	3.18×	4.01×	0×	-857.48×	311.67×	0×	1,590.62×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	23.8%	-45.5%	2.2%	0.4%	1.0%	1.6%	1.6%
Return on invested capital	8.6%	1.9%	-1.3%	-1.4%	1.0%	0.0%	1.6%
Return on assets	7.5%	-19.0%	2.1%	0.4%	0.9%	1.5%	1.4%
Free cash flow yield	-18.7%	-18.3%	0.0%	-3.8%	0.7%	-6.1%	2.0%
Earnings yield	6.5%	-9.8%	0.5%	0.4%	0.8%	2.2%	1.4%
Enterprise value	₹351.6M	₹374.1M	₹454.4M	₹106.6M	₹122.6M	₹73.9M	₹115.9M
Net debt / EBITDA	-0.02×	-1.18×	-3.32×	-7.36×	-1.24×	-0.07×	-0.26×
Cash conversion cycle (days)	253	265	172	75	-199	38	-977