MeritValue

AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C

AHMAdata completeness 88%3 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'

The thesis, from the filings

AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C earns about 18% on invested capital, with a roughly flat share count. The applicable estimate puts fair value near $0.45 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2023FY 2024FY 2025
Revenue$18.6M1$18.5M1$20.2M1
Net income$1.42M2$950,8652$1.22M2
Operating cash flow−$75,7433$1.17M3$496,5183
Capital expenditure$120,0054$45,2114$1.6M4
Free cash flow (derived)−$195,7483$1.13M3−$1.1M3
Total debt———
Cash & equivalents$778,9525$986,7686$2.87M6
Diluted shares28.0M28.0M28.3M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$4.41
your share of equity
Profit it earned you last year
$0.43
Free cash flow it threw off
−$0.39
Debt you’d be carrying
—

10 shares is a claim on $4.41 of net worth that earned you $0.43 and generated −$0.39 of cash last year.

iii. Is this a good business?
Moat signal · return on invested capital
18% avg · 3y
FY23 24%FY24 18%FY25 13%

It earned an average 18% on invested capital over 3 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
+1% shares · 3y

Share count is roughly flat over 3 years — little dilution, little buyback.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
$0.45
assumptions (8)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$1.22M
  • growthAssumed0.0%
Graham Number
$0.63
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 20-F · period ending 2023-12-31 · accession 0001213900-26-050228 (Revenues)
  2. 20-F · period ending 2023-12-31 · accession 0001213900-26-050228 (NetIncomeLoss)
  3. 20-F · period ending 2023-12-31 · accession 0001213900-26-050228 (NetCashProvidedByUsedInOperatingActivities)
  4. 20-F · period ending 2023-12-31 · accession 0001213900-26-050228 (PaymentsToAcquirePropertyPlantAndEquipment)
  5. 20-F · period ending 2023-12-31 · accession 0001213900-26-050228 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  6. 20-F · period ending 2024-12-31 · accession 0001213900-26-050228 (CashAndCashEquivalentsAtCarryingValue)