Cerner
Financial ratios & Valuation

Historical Multiples (2011 – 2021)

2011 2012 2013 2016 2016 2017 2018 2019 2020 2021 TTM Median
Valuation Ratios
Price/Earnings ratio
33.4735.7747.9338.2825.1325.7527.5344.4631.1051.2647.2425.13
Price/Sales ratio
4.655.336.564.663.334.343.234.134.404.944.793.33
Price/Book Value ratio
4.445.016.025.334.074.663.525.455.417.737.124.07
Price/Cash Flow ratio
18.7820.0627.4421.7913.8417.0711.9317.9216.8816.0716.4113.84
Price/Free Cash Flow ratio
30.3735.36171.2468.9841.6634.7924.9044.2329.6124.8824.5734.79
Price/Earnings Growth ratio
1.071.30N/A19.651.270.65-0.98-3.500.58-1.81-1.940.65
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
79.95%77.18%82.31%83.03%83.75%83.39%82.53%81.18%83.05%82.63%82.53%83.39%
Operating Profit Margin
20.87%21.44%19.78%17.65%18.99%18.67%14.43%10.55%16.61%12.88%12.78%18.67%
Pretax Profit Margin
21.31%22.04%20.20%17.65%19.14%18.80%14.92%11.49%18.00%12.13%12.60%18.80%
Net Profit Margin
13.91%14.90%13.68%12.18%13.26%16.85%11.74%9.30%14.16%9.63%10.15%16.85%
Effective Tax Rate
34.71%32.41%32.25%30.97%30.69%10.35%21.32%19.10%21.32%20.56%19.49%19.49%
Return on Assets
10.21%10.72%9.72%9.69%11.30%13.40%9.39%7.67%10.37%7.47%7.99%13.40%
Return On Equity
13.26%14.01%12.57%13.93%16.20%18.11%12.78%12.26%17.40%15.09%15.25%18.11%
Return on Capital Employed
17.94%18.29%16.65%16.32%19.04%16.91%13.48%10.23%14.39%12.79%12.37%16.91%
Liquidity Ratios
Current Ratio
3.423.082.75N/A1.913.012.402.042.26N/A1.783.01
Quick Ratio
3.042.782.282.321.892.992.382.012.241.481.492.99
Cash ratio
0.550.540.310.510.200.460.380.430.520.360.510.20
Days of Sales Outstanding
93.3079.1273.0985.2971.9074.0180.4973.0677.4773.5374.0471.90
Days of Inventory outstanding
19.2514.2222.907.676.906.739.747.909.0010.269.976.90
Operating Cycle
112.5593.3496.0092.9678.8180.7490.2480.9686.4883.7928.2280.74
Days of Payables Outstanding
70.6984.73102.82104.77111.5693.58114.3093.1892.23120.17129.40111.56
Cash Conversion Cycle
41.868.60-6.82-11.80-32.74-12.84-24.05-12.21-5.74-36.37-52.89-12.84
Debt Ratios
Debt Ratio
0.220.230.220.100.100.080.060.150.170.240.460.10
Debt Equity Ratio
0.290.300.290.150.140.110.090.240.290.490.880.14
Long-term Debt to Capitalization
0.030.040.030.120.120.090.080.190.220.300.290.12
Total Debt to Capitalization
0.050.060.040.130.120.090.080.190.220.33N/A0.09
Interest Coverage Ratio
86.08112.80136.29N/A203.39119.8797.0041.5123.86N/AN/A119.87
Cash Flow to Debt Ratio
4.313.614.191.562.042.483.271.261.070.96N/A2.48
Company Equity Multiplier
1.291.301.291.431.431.351.361.591.672.011.881.43
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.240.260.230.210.240.250.270.230.260.300.290.24
Free Cash Flow / Operating Cash Flow Ratio
0.610.560.160.310.330.490.470.400.570.640.660.33
Cash Flow Coverage Ratio
4.313.614.191.562.042.483.271.261.070.96N/A2.48
Short Term Coverage Ratio
13.7511.8812.8622.6644.11112.87295.89N/AN/A7.87N/A112.87
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A