Associated British Foods
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
15.0014.1212.819.59
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$2.07$2.20$2.43$3.24

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
47.8925.5021.2018.1520.6135.6930.7414.2415.3512.9313.1135.69
Price/Sales ratio
1.991.551.651.171.141.161.050.580.810.930.741.16
Price/Book Value ratio
4.022.953.041.981.911.731.480.871.441.681.381.73
Price/Cash Flow ratio
21.8515.9215.4712.7811.999.2610.398.649.686.545.709.26
Price/Free Cash Flow ratio
46.0841.2232.7732.5323.4414.3618.6925.9627.5811.139.2314.36
Price/Earnings Growth ratio
-1.580.470.44-1.10-1.63-0.745.940.310.300.28-1.97-0.74
Dividend Yield
1.06%1.33%1.17%1.78%1.97%1.66%0.33%3.81%2.15%2.66%3.59%1.97%
Profitability Indicator Ratios
Gross Profit Margin
23.66%23.44%23.48%23.01%22.98%22.50%22.55%22.22%21.07%24.32%8.09%22.50%
Operating Profit Margin
7.39%8.21%8.69%8.62%8.10%5.81%5.81%6.93%7.00%9.62%8.22%8.10%
Pretax Profit Margin
5.60%7.77%10.26%8.21%7.41%4.92%5.22%6.33%6.78%9.55%7.54%7.41%
Net Profit Margin
4.15%6.10%7.80%6.46%5.54%3.26%3.44%4.11%5.28%7.24%5.92%5.54%
Effective Tax Rate
26.91%21.20%23.15%20.09%23.61%32.21%31.31%33.08%20.29%22.79%24.81%23.61%
Return on Assets
5.17%7.19%9.35%7.35%6.38%2.72%2.82%3.53%5.54%7.65%6.20%6.20%
Return On Equity
8.39%11.59%14.36%10.93%9.28%4.86%4.81%6.11%9.41%13.00%10.62%9.28%
Return on Capital Employed
12.57%13.08%13.83%12.86%11.99%5.99%5.93%7.49%9.12%12.58%10.67%10.67%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.77N/A
Quick Ratio
0.710.810.970.921.011.111.171.100.930.940.941.11
Cash ratio
0.250.180.490.410.480.630.690.520.390.360.360.63
Days of Sales Outstanding
25.6928.1924.6725.2825.0226.8926.9428.2324.45N/AN/A26.89
Days of Inventory outstanding
70.8672.3365.2569.1373.9775.0975.8992.8877.4172.9460.5175.09
Operating Cycle
96.55100.5389.9394.4299.00101.99102.84121.12101.8672.9460.51101.99
Days of Payables Outstanding
38.4340.4233.1135.4334.5330.7231.8337.6027.5627.8423.1030.72
Cash Conversion Cycle
58.1160.1156.8158.9864.4771.2771.0083.5174.3045.0937.4171.27
Debt Ratios
Debt Ratio
0.080.070.060.050.040.020.020.030.020.030.030.02
Debt Equity Ratio
0.130.120.100.080.060.050.040.050.050.050.050.05
Long-term Debt to Capitalization
0.080.080.060.030.030.030.000.040.030.030.030.03
Total Debt to Capitalization
0.120.100.090.070.050.040.030.050.040.050.050.04
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A12.50N/A
Cash Flow to Debt Ratio
1.311.501.901.872.623.713.481.802.944.684.422.62
Company Equity Multiplier
1.621.611.531.481.451.781.701.721.691.691.691.45
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.090.090.100.090.090.120.100.060.080.140.130.09
Free Cash Flow / Operating Cash Flow Ratio
0.470.380.470.390.510.640.550.330.350.580.590.51
Cash Flow Coverage Ratio
1.311.501.901.872.623.713.481.802.944.684.422.62
Short Term Coverage Ratio
3.655.366.213.426.6711.384.287.209.8418.0717.056.67
Dividend Payout Ratio
50.93%34.10%24.95%32.47%40.77%59.56%10.25%54.28%33.04%34.50%38.81%59.56%