Ellington Financial
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
9.5918.04-41.54106.6113.1711.23-93.7112.11-169.6017.6915.1613.17
Price/Sales ratio
7.7712.90283.3361.478.007.6428.658.1928.515.905.737.64
Price/Book Value ratio
0.720.931.041.101.090.781.010.771.020.981.261.09
Price/Cash Flow ratio
-0.931.059.54-1.42-1.248.217.4919.4728.82-6.15269.60-1.24
Price/Free Cash Flow ratio
-0.931.059.54-1.42-1.245.045.964.45343.90-6.15-24.635.04
Price/Earnings Growth ratio
-0.26-0.390.28-0.760.010.780.83-0.011.58-0.020.150.01
Dividend Yield
15.22%12.14%9.79%8.72%8.24%8.34%7.26%8.57%10.00%10.03%7.30%8.34%
Profitability Indicator Ratios
Gross Profit Margin
98.31%61.72%-806.68%-99.21%99.45%73.76%17.59%65.28%54.57%100%90.52%90.52%
Operating Profit Margin
94.68%94.28%12.73%605.98%134.55%69.85%116.41%112.01%265.28%41.09%12.62%69.85%
Pretax Profit Margin
82.15%72.17%-669.02%61.38%64.96%64.02%5.82%70.18%-57.87%35.09%34.66%64.02%
Net Profit Margin
81.08%71.53%-682.01%57.66%60.75%68.02%-30.57%67.60%-16.81%33.39%37.24%68.02%
Effective Tax Rate
1.30%0.88%-1.94%6.06%6.48%2.85%624.82%3.67%70.94%0.51%0.27%2.85%
Return on Assets
1.49%1.27%-0.66%0.20%1.17%1.33%-0.27%1.59%-0.05%0.54%0.84%1.33%
Return On Equity
7.56%5.20%-2.51%1.03%8.27%6.98%-1.07%6.38%-0.60%5.54%8.65%8.27%
Return on Capital Employed
1.79%1.77%0.01%2.34%2.97%1.39%1.07%2.66%0.81%1.01%0.28%1.39%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
28.90-0.04-0.000.491.923.0414.605.252.240.04N/A3.04
Cash ratio
1.091.071.340.220.090.898.131.712.580.04N/A0.89
Days of Sales Outstanding
103.09140.143.37K1.00K4.22K869.851.31K645.63N/AN/A227.54869.85
Days of Inventory outstanding
-850.90K3.79K2.49K-480.33-17.59K499.58334.39212.79528.96N/AN/A-17.59K
Operating Cycle
-850.79K3.93K5.87K528.32-13.36K1.36K1.64K858.42528.96N/A227.54-13.36K
Days of Payables Outstanding
30.81K3.05K1.57K3.55K435.86K1.31K194.48465.521.56KN/A663.291.31K
Cash Conversion Cycle
-881.61K874.754.29K-3.02K-449.22K55.621.45K392.90-1.03KN/A-435.74-449.22K
Debt Ratios
Debt Ratio
0.00N/A0.000.080.120.19N/AN/AN/A0.87N/A0.19
Debt Equity Ratio
0.00N/A0.030.440.881.00N/AN/AN/A8.78N/A1.00
Long-term Debt to Capitalization
0.00N/A0.030.300.460.50N/AN/AN/A0.85N/A0.50
Total Debt to Capitalization
0.00N/A0.030.300.460.50N/AN/AN/A0.89N/A0.50
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.16N/A
Cash Flow to Debt Ratio
-780.56N/A2.89-1.72-0.990.09N/AN/AN/A-0.01N/A-0.99
Company Equity Multiplier
5.044.083.784.987.045.233.854.0011.7710.099.927.04
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-8.2712.2829.69-43.07-6.430.933.820.420.98-0.960.02-6.43
Free Cash Flow / Operating Cash Flow Ratio
111111.621.254.360.081-11.111.62
Cash Flow Coverage Ratio
-780.56N/A2.89-1.72-0.990.09N/AN/AN/A-0.01N/A-0.99
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A-0.05N/AN/A
Dividend Payout Ratio
146.11%219.11%-406.99%930.36%108.69%93.74%-680.40%103.94%-1696.27%177.52%121.48%108.69%