Bechtle AG
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
87.1079.6373.7858.4051.078.407.856.493.284.453.308.40
Price/Sales ratio
2.572.612.461.871.620.260.250.280.130.180.640.64
Price/Book Value ratio
11.9811.9110.988.607.931.411.301.110.530.670.451.41
Price/Cash Flow ratio
118.5963.79142.93123.3149.847.704.785.287.062.571.477.70
Price/Free Cash Flow ratio
205.1678.19566.43-518.2083.2810.426.046.6423.563.308.8510.42
Price/Earnings Growth ratio
4.353.1811.064.672.290.010.580.320.400.730.030.01
Dividend Yield
0.34%0.34%0.38%0.47%0.53%2.93%3.33%3.77%8.41%6.92%2.43%0.53%
Profitability Indicator Ratios
Gross Profit Margin
14.85%15.16%15.33%15.23%14.87%14.28%14.71%17.34%17.47%17.46%17.70%14.87%
Operating Profit Margin
4.20%4.57%4.65%4.60%4.51%4.49%4.77%6.16%5.92%5.06%33.19%4.51%
Pretax Profit Margin
4.16%4.57%4.69%4.56%4.46%4.39%4.65%6.04%5.81%5.83%5.52%4.46%
Net Profit Margin
2.95%3.28%3.34%3.20%3.17%3.17%3.30%4.36%4.16%4.13%3.91%3.17%
Effective Tax Rate
29.04%28.22%28.75%29.63%29.03%27.85%28.87%27.78%28.35%29.09%28.76%28.76%
Return on Assets
7.49%8.07%8.14%7.93%6.76%7.11%7.16%7.66%7.28%6.98%6.54%7.11%
Return On Equity
13.75%14.96%14.89%14.73%15.52%16.79%16.56%17.10%16.32%15.23%13.99%16.79%
Return on Capital Employed
16.69%17.50%17.74%18.15%14.47%15.26%15.77%17.65%17.81%12.85%79.66%14.47%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.99N/A
Quick Ratio
1.531.591.571.511.601.551.541.301.191.511.641.60
Cash ratio
0.290.400.300.300.360.330.390.360.150.340.440.36
Days of Sales Outstanding
56.1852.3659.2659.4963.6660.9156.7765.8676.0771.51N/A60.91
Days of Inventory outstanding
21.7522.8125.0625.4527.7622.5422.1642.7444.5530.2628.6427.76
Operating Cycle
77.9475.1884.3284.9591.4283.4578.93108.61120.62101.7728.6483.45
Days of Payables Outstanding
29.6731.0133.7428.6036.9232.2331.3250.3651.2843.3239.9536.92
Cash Conversion Cycle
48.2644.1750.5856.3454.5051.2247.6158.2469.3458.45-11.3151.22
Debt Ratios
Debt Ratio
0.050.050.040.080.190.160.150.110.100.14N/A0.16
Debt Equity Ratio
0.100.100.080.160.440.380.350.250.240.31N/A0.38
Long-term Debt to Capitalization
0.070.080.060.080.300.260.250.180.140.23N/A0.26
Total Debt to Capitalization
0.090.090.080.140.300.270.260.200.190.23N/A0.27
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A97.47N/A
Cash Flow to Debt Ratio
0.941.750.860.420.350.470.760.820.310.84N/A0.47
Company Equity Multiplier
1.831.851.821.852.292.352.312.232.242.182.082.35
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.020.040.010.010.030.030.050.050.010.070.080.03
Free Cash Flow / Operating Cash Flow Ratio
0.570.810.25-0.230.590.730.790.790.290.770.830.59
Cash Flow Coverage Ratio
0.941.750.860.420.350.470.760.820.310.84N/A0.47
Short Term Coverage Ratio
4.6912.045.470.9210.9113.4716.728.231.0427.99N/A13.47
Dividend Payout Ratio
30.31%27.13%28.44%27.49%27.56%24.63%26.17%24.49%27.59%30.84%35.25%27.56%