Clarivate
Financial ratios & Valuation

Historical Multiples (2017 – 2023)

2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-11.10-12.03-43.28-47.08-3.74-1.42-6.82-5.23-45.18
Price/Sales ratio
3.193.013.666.785.572.112.36N/A6.18
Price/Book Value ratio
2.272.770.471.062.170.821.032.990.77
Price/Cash Flow ratio
439.53-111.6917.4639.3229.1311.078.3531.1635.24
Price/Free Cash Flow ratio
-94.11-40.7630.7162.0448.4318.4012.39N/A55.24
Price/Earnings Growth ratio
N/A1.470.85-0.76-0.000.210.090.00-0.38
Dividend Yield
N/AN/AN/AN/A0.12%1.33%1.21%11.91%5.95%
Profitability Indicator Ratios
Gross Profit Margin
57.04%59.05%68.17%66.64%64.13%64.13%65.52%64.42%65.53%
Operating Profit Margin
-16.02%-10.91%4.01%2.26%22.18%-147.59%-27.94%20.12%3.14%
Pretax Profit Margin
-31.08%-24.42%-8.70%-13.75%-149.97%-149.97%-38.51%-155.89%-81.86%
Net Profit Margin
-28.76%-25.00%-8.47%-14.40%-148.89%-148.89%-34.66%-151.75%-81.65%
Effective Tax Rate
7.46%-2.38%2.56%-4.76%0.72%0.72%10.00%2.65%-1.09%
Return on Assets
-6.58%-6.52%-0.69%-1.34%-28.39%-28.39%-7.17%-28.59%-14.86%
Return On Equity
-20.52%-23.04%-1.10%-2.26%-58.13%-58.13%-15.20%-51.62%-26.94%
Return on Capital Employed
-4.39%-3.44%0.36%0.23%4.76%-31.69%-6.61%4.28%0.30%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/A0.90N/A
Quick Ratio
0.590.580.800.730.830.830.960.740.76
Cash ratio
0.080.030.160.220.220.220.230.220.22
Days of Sales Outstanding
126.41124.8597.17143.46124.38119.67126.11116.52133.92
Days of Inventory outstanding
48.8428.5664.05135.9937.2637.26-35.63N/A86.63
Operating Cycle
175.25153.42161.23279.46161.64156.9490.4728.73220.55
Days of Payables Outstanding
56.2535.3624.1947.8249.4338.7958.0239.7248.62
Cash Conversion Cycle
119.00118.05137.03231.63112.21118.1432.4476.80171.92
Debt Ratios
Debt Ratio
0.500.530.100.170.390.350.370.500.14
Debt Equity Ratio
1.561.890.170.290.800.730.790.710.23
Long-term Debt to Capitalization
0.600.640.140.220.440.420.440.410.18
Total Debt to Capitalization
0.610.650.140.220.440.420.440.410.18
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A1.85N/A
Cash Flow to Debt Ratio
0.00-0.010.160.090.090.100.150.130.12
Company Equity Multiplier
3.113.531.581.692.042.042.122.001.63
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.00-0.020.210.170.190.190.280.250.19
Free Cash Flow / Operating Cash Flow Ratio
-4.672.730.560.630.600.600.670.670.60
Cash Flow Coverage Ratio
0.00-0.010.160.090.090.100.150.130.12
Short Term Coverage Ratio
0.14-0.4329.2711.3216.6419.0730.526.0420.29
Dividend Payout Ratio
N/AN/AN/AN/A-0.47%-1.90%-8.28%-1.89%-0.23%