Company Overview
Agencia Comercial Spirits Ltd operates within the consumer defensive sector, specifically serving the beverages - wineries & distilleries industry by importing, procuring, distributing, and selling bottled, raw cask, and proprietary brand whisky products in Taiwan and international markets. The firm also offers brand marketing services to complement its core distribution activities, positioning it as a specialized player in the global spirits market. As of the latest data, the company holds a market capitalization of $309.08M, while its trailing twelve-month revenue stands at $3.04M. The employee count is listed as N/A, indicating that human resource metrics are not currently disclosed in public filings. These valuation and revenue figures suggest a small-cap profile where market capitalization significantly exceeds annual revenue, reflecting a high multiple relative to sales that often characterizes firms with limited historical financial data or specific regional operational constraints. The incorporation in 2025 and base in Taichun frame the company as a relatively new entity in the market, which may influence investor perception regarding its established market share and historical performance trajectory.
Financial Health
The company reported a revenue of $3.04M and a net income of $743,547 over the trailing twelve months, while EBITDA data is unavailable in current records. The substantial gap between the total revenue of $3.04M and the net income of $743,547 reveals a high cost structure relative to sales volume, as the company retains approximately 24.5% of revenue as profit after all expenses are deducted. Free cash flow figures are not available, which limits the ability to assess the company's immediate financial flexibility for capital expenditures or debt repayment without further disclosure. The gross margin stands at 47.3%, indicating that the company retains nearly half of its revenue after direct costs of goods sold, which is a robust figure for the beverage distribution sector. The operating margin is 27.3%, suggesting efficient management of operating expenses, while the profit margin of 24.5% confirms that a significant portion of revenue converts to the bottom line. Regarding liquidity and leverage, the company holds $825,343 in cash against $236,313 in debt, resulting in a debt-to-equity ratio of 7.04. This high debt-to-equity ratio indicates a leveraged balance sheet where equity financing is minimal compared to total debt obligations. The current ratio is 1.86, which signifies that the company possesses sufficient short-term assets to cover its short-term liabilities nearly twice over, pointing to strong short-term liquidity management. Return on Equity and Return on Assets are listed as N/A, meaning these return metrics cannot be calculated with the provided data, preventing a direct assessment of management effectiveness in generating returns on shareholder capital or total assets.
Valuation Assessment
The trailing P/E ratio is 388.75, while the forward P/E is N/A, implying that future earnings estimates are not currently supported by sufficient analyst consensus or company guidance to derive a meaningful forward multiple. The price-to-book ratio is 82.71, indicating a substantial market premium over the company's book value, which often occurs in small-cap firms where intangible assets like brand reputation or distribution networks are not fully captured on the balance sheet. The price-to-sales ratio is 101.71, and the EV/EBITDA is N/A, suggesting that valuation is primarily driven by revenue multiples rather than earnings or enterprise value multiples due to the lack of EBITDA data. The stock has traded between a 52-week low of $3.66 and a 52-week high of $24.98, meaning the current price sits within this range but the specific current price is not provided to calculate the exact percentage deviation from these extremes. The beta is N/A, which means volatility relative to the broader market cannot be quantified with the available data, leaving investors without a clear metric to gauge how sensitive the stock price is to market fluctuations. The combination of a very high P/E and price-to-sales ratios alongside a high debt-to-equity ratio suggests a valuation that is highly sensitive to earnings stability and interest rate environments.
Growth & Income
Revenue growth year-over-year is 36.3%, whereas earnings growth year-over-year is -12.2%, indicating that earnings are growing slower than revenue, specifically in a negative direction while sales expand. This divergence implies that rising costs or one-time expenses are offsetting the top-line growth, resulting in a decline in profitability despite increased sales volume. The company does not pay dividends, with a dividend yield of N/A and a payout ratio of 0.0%, which means the firm reinvests all earnings into business operations or returns capital through other mechanisms rather than distributing cash to shareholders. The overall growth and income profile is characterized by strong revenue expansion but declining earnings and a lack of dividend distribution, presenting a high-risk, high-reward scenario typical of companies in the early stages of expansion or facing margin compression.