BTRS Holdings
Financial ratios & Valuation

Historical Multiples (2018 – 2021)

2018 2019 2020 2021 TTM Median
Valuation Ratios
Price/Earnings ratio
-92.33-73.26-549.02-19.81-19.01-73.26
Price/Sales ratio
13.9612.2416.787.2814.4812.24
Price/Book Value ratio
N/A6.8110.153.91K6.1810.15
Price/Cash Flow ratio
-267.67-229.65-2.28K-126.84-54.92-229.65
Price/Free Cash Flow ratio
-118.34-144.12-2.28K-108.33-52.40-144.12
Price/Earnings Growth ratio
N/A-2.636.33-0.010.01-2.63
Dividend Yield
N/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
43.98%47.22%52.19%56.80%18.37%52.19%
Operating Profit Margin
-14.15%-15.47%-8.00%-29.45%-78.59%-8.00%
Pretax Profit Margin
-15.07%-16.59%-3.05%-36.84%-77.29%-3.05%
Net Profit Margin
-15.12%-16.70%-3.05%-36.77%-76.16%-3.05%
Effective Tax Rate
-0.37%-0.70%-0.05%0.18%0.75%-0.70%
Return on Assets
N/A-8.99%-1.75%-13003.32%-19.62%-1.75%
Return On Equity
N/A-9.29%-1.84%-19765.27%-29.26%-1.84%
Return on Capital Employed
N/A-8.33%-4.68%-12837.85%-26.81%-4.68%
Liquidity Ratios
Current Ratio
N/AN/A0.26N/A2.142.14
Quick Ratio
N/A4.770.263.371.851.85
Cash ratio
N/A4.380.212.111.421.42
Days of Sales Outstanding
N/AN/AN/A0.07149.24N/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/A0.0736.79N/A
Days of Payables Outstanding
N/AN/AN/A0.0110.94N/A
Cash Conversion Cycle
N/AN/AN/A0.06138.29N/A
Debt Ratios
Debt Ratio
N/AN/AN/A0.060.39N/A
Debt Equity Ratio
N/AN/AN/A0.100.65N/A
Long-term Debt to Capitalization
N/AN/AN/A0.090.11N/A
Total Debt to Capitalization
N/AN/AN/A0.090.12N/A
Interest Coverage Ratio
N/AN/A-1.14N/A14.3814.38
Cash Flow to Debt Ratio
N/AN/AN/A-291.69-0.81N/A
Company Equity Multiplier
N/A1.031.051.521.651.03
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.05-0.05-0.00-0.05-0.26-0.00
Free Cash Flow / Operating Cash Flow Ratio
2.261.5911.171.041.04
Cash Flow Coverage Ratio
N/AN/AN/A-291.69-0.81N/A
Short Term Coverage Ratio
N/AN/AN/A-29.32K-8.16N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/A