Equity Commonwealth
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
133.8035.7116.29127.6913.458.137.36-191.4095.2522.923.768.13
Price/Sales ratio
3.724.987.5711.1118.6331.3550.1254.2144.1634.523.2131.35
Price/Book Value ratio
0.961.051.161.141.151.231.021.030.990.870.071.23
Price/Cash Flow ratio
16.0319.6423.2737.8740.9940.5099.68195.2042.8717.091.5140.50
Price/Free Cash Flow ratio
16.0332.1591.28107.6392.6754.98156.05337.9045.3617.091.5254.98
Price/Earnings Growth ratio
-1.52-0.090.08-1.420.010.10-0.881.84-0.330.11-0.000.10
Dividend Yield
1.92%0.78%0.47%0.21%8.51%10.89%13.11%0.44%4.31%22.78%1085.71%8.51%
Profitability Indicator Ratios
Gross Profit Margin
54.98%54.54%59.91%58.47%59.43%63.69%56.45%55.35%61.69%54.62%32.55%63.69%
Operating Profit Margin
-6.02%16.97%11.87%12.02%5.85%68.25%9.18%-28.11%-14.77%-35.28%15.50%5.85%
Pretax Profit Margin
-0.00%14.29%46.66%8.85%140.11%386.50%682.49%-28.11%59.88%154.17%86.40%386.50%
Net Profit Margin
2.78%13.96%46.51%8.70%138.46%385.35%680.91%-28.32%46.36%150.62%85.42%385.35%
Effective Tax Rate
-5065.07%2.31%0.31%1.65%1.14%0.25%0.05%-0.73%1.19%1.99%0.88%0.88%
Return on Assets
0.41%1.90%5.14%0.69%7.72%14.84%13.76%-0.53%1.02%3.75%2.04%14.84%
Return On Equity
0.72%2.96%7.14%0.89%8.57%15.18%13.94%-0.53%1.03%3.82%2.07%15.18%
Return on Capital Employed
-0.93%2.38%1.34%0.98%0.33%2.66%0.18%-0.53%-0.33%-0.89%0.37%0.33%
Liquidity Ratios
Current Ratio
3.9716.2623.6235.9039.3663.1186.99N/AN/AN/A83.0139.36
Quick Ratio
3.3313.3119.7931.0634.24-0.1086.99107.8583.4066.0783.0134.24
Cash ratio
1.9511.9418.3928.6333.4858.4686.56107.2682.8865.5979.6133.48
Days of Sales Outstanding
105.0789.18110.83100.1394.6455.8280.9697.8492.5494.9050.2555.82
Days of Inventory outstanding
N/AN/A-0.57-0.04N/A22.21KN/AN/AN/AN/AN/A22.21K
Operating Cycle
105.0789.18110.26100.0994.6422.27K80.9697.8492.5494.9050.2522.27K
Days of Payables Outstanding
145.10134.67173.48193.45266.27292.14260.39278.57391.42362.82163.18292.14
Cash Conversion Cycle
-40.03-45.49-63.22-93.35-171.6221.97K-179.43-180.72-298.88-267.91-112.92-171.62
Debt Ratios
Debt Ratio
0.380.320.250.200.070.00N/AN/AN/AN/AN/A0.00
Debt Equity Ratio
0.660.500.350.250.080.00N/AN/AN/AN/AN/A0.00
Long-term Debt to Capitalization
0.390.330.250.200.070.00N/AN/AN/AN/AN/A0.00
Total Debt to Capitalization
0.390.330.250.200.070.00N/AN/AN/AN/AN/A0.00
Interest Coverage Ratio
0.921.291.391.160.881.66-24.42N/AN/AN/A0.311.66
Cash Flow to Debt Ratio
0.090.100.140.110.323.85N/AN/AN/AN/AN/A3.85
Company Equity Multiplier
1.731.551.381.281.101.021.011.011.011.011.011.02
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.230.250.320.290.450.770.500.271.032.022.120.45
Free Cash Flow / Operating Cash Flow Ratio
10.610.250.350.440.730.630.570.9410.990.44
Cash Flow Coverage Ratio
0.090.100.140.110.323.85N/AN/AN/AN/AN/A3.85
Short Term Coverage Ratio
N/A49.23N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
256.92%27.96%7.70%26.93%114.58%88.62%96.56%-85.28%410.54%522.37%20.08%88.62%