Athenex
Financial ratios & Valuation

Historical Multiples (2015 – 2022)

2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
-11.54-6.05-7.05-6.97-9.00-6.33-0.72-0.19-0.07-6.97
Price/Sales ratio
41.8825.8324.339.1911.176.511.170.180.0711.17
Price/Book Value ratio
5.9815.7010.285.876.005.23-0.15-2.96-1.206.00
Price/Cash Flow ratio
-17.30-11.08-11.35-7.48-11.60-7.17-0.99-0.25-0.10-7.48
Price/Free Cash Flow ratio
-15.73-10.19-10.45-7.25-9.81-6.50-0.92-0.25-0.10-7.25
Price/Earnings Growth ratio
N/A-0.06-0.820.361.31-2.17-0.100.00-0.001.31
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
5.67%4.05%33.96%47.24%31.22%33.96%31.43%25.97%25.93%31.22%
Operating Profit Margin
-363.65%-417.23%-289.11%-142.33%-118.08%-85.68%-95.66%-68.01%-68.52%-142.33%
Pretax Profit Margin
-363.66%-429.03%-345.16%-144.34%-123.09%-99.96%-170.50%-95.92%-96.27%-144.34%
Net Profit Margin
-362.88%-426.81%-344.79%-131.80%-124.00%-102.8%-161.67%-96.25%-100.02%-131.80%
Effective Tax Rate
0.10%0.30%-0.06%-0.07%-0.74%-2.83%5.17%-0.35%-0.34%-0.34%
Return on Assets
-42.01%-82.83%-93.41%-50.81%-40.50%-38.62%-72.65%-48.50%-50.68%-50.81%
Return On Equity
-51.86%-259.45%-145.68%-84.27%-66.69%-82.56%21.26%1521.28%-606.04%-66.69%
Return on Capital Employed
-49.31%-110.11%-115.44%-70.68%-50.13%-38.40%-67.07%-78.42%-79.45%-50.13%
Liquidity Ratios
Current Ratio
N/AN/A1.853.303.224.69N/AN/A1.083.22
Quick Ratio
3.511.701.482.742.774.230.280.710.512.77
Cash ratio
2.461.180.870.961.781.380.530.310.261.78
Days of Sales Outstanding
100.3049.3281.2453.0560.1759.6680.8998.9198.3653.05
Days of Inventory outstanding
90.3578.48240.61223.53171.07110.41153.62204.53203.28203.28
Operating Cycle
190.66127.80321.86276.58231.24170.08234.52303.45227.54231.24
Days of Payables Outstanding
174.02132.79242.04100.92122.3271.4774.15161.51160.52100.92
Cash Conversion Cycle
16.63-4.9879.82175.66108.9298.60160.37141.93-12.04108.92
Debt Ratios
Debt Ratio
0.030.310.010.200.200.410.740.201.110.20
Debt Equity Ratio
0.030.970.020.330.330.87-0.21-6.51-35.080.33
Long-term Debt to Capitalization
0.020.470.000.240.240.45-0.19-0.93-0.930.24
Total Debt to Capitalization
0.030.490.020.250.250.46-0.281.181.180.25
Interest Coverage Ratio
N/AN/A-18.60-70.72-17.18-11.02N/AN/A-2.74-70.72
Cash Flow to Debt Ratio
-9.24-1.45-41.14-2.33-1.52-0.82-0.71-1.77-1.77-2.33
Company Equity Multiplier
1.233.131.551.651.642.13-0.29-31.36-31.361.64
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-2.42-2.32-2.14-1.22-0.96-0.90-1.18-0.72-0.72-1.22
Free Cash Flow / Operating Cash Flow Ratio
1.091.081.081.031.181.101.071.021.021.18
Cash Flow Coverage Ratio
-9.24-1.45-41.14-2.33-1.52-0.82-0.71-1.77-1.77-2.33
Short Term Coverage Ratio
-26.08-25.34-54.12-113.82-25.05-25.26-2.85-1.91-1.91-113.82
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A