Athene Holding Ltd.
Financial ratios & Valuation

Historical Multiples (2014 – 2021)

2014 2015 2016 2017 2018 2019 2020 2021 TTM Median
Valuation Ratios
Price/Earnings ratio
19.0515.6911.136.977.454.055.274.05N/A7.45
Price/Sales ratio
2.153.372.181.151.190.540.540.58N/A1.19
Price/Book Value ratio
1.931.641.291.090.940.650.430.76N/A0.94
Price/Cash Flow ratio
14.728.407.473.182.733.311.95N/AN/A2.73
Price/Free Cash Flow ratio
14.728.407.473.182.733.311.95N/AN/A2.73
Price/Earnings Growth ratio
-0.380.720.200.09-0.260.03-0.170.02N/A-0.26
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%12.23%100%
Operating Profit Margin
13.56%23.24%18.84%17.58%17.95%14.07%12.31%16.12%N/A17.95%
Pretax Profit Margin
12.97%22.63%18.33%17.58%17.95%14.15%14.87%15.90%-21.26%17.95%
Net Profit Margin
11.29%21.48%19.60%16.59%16.09%13.35%10.38%14.43%-11.27%16.09%
Effective Tax Rate
10.15%2.36%-6.90%5.66%10.38%5.08%12.91%9.22%-32.33%10.38%
Return on Assets
0.55%0.69%0.92%1.45%0.83%1.48%0.76%1.63%-0.67%0.83%
Return On Equity
10.16%10.48%11.65%15.72%12.72%16.21%8.25%18.87%-28.24%12.72%
Return on Capital Employed
0.67%0.75%0.89%1.53%0.93%1.57%0.90%1.82%N/A0.93%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
318.631.30KN/AN/AN/A178.68N/AN/AN/AN/A
Cash ratio
14.1060.44N/AN/AN/A8.92N/AN/AN/AN/A
Days of Sales Outstanding
1.04K1.02K542.83207.95308.71109.17119.2963.70108.62308.71
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
0.020.00N/AN/A0.000.010.000.010.990.99
Debt Equity Ratio
0.440.09N/AN/A0.110.100.100.14266.01266.01
Long-term Debt to Capitalization
0.300.08N/AN/A0.100.060.090.120.790.79
Total Debt to Capitalization
0.300.08N/AN/A0.100.090.090.12N/A0.10
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.292.09N/AN/A2.901.812.10N/AN/A2.90
Company Equity Multiplier
18.1515.0712.5510.8315.1610.9110.7811.57268.6110.83
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.400.290.360.430.160.28N/A0.350.43
Free Cash Flow / Operating Cash Flow Ratio
1111111N/A11
Cash Flow Coverage Ratio
0.292.09N/AN/A2.901.812.10N/AN/A2.90
Short Term Coverage Ratio
N/AN/AN/AN/AN/A5.59N/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A