Fidelity Water Sustainability Fund
Financial ratios & Valuation

Historical Multiples (2013 – 2023)

2013 2016 2016 2017 2018 2019 2022 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
54.05-468.36-21.27-333.3390.90-125564.9937.6640.0241.78-17.04
Price/Sales ratio
0.430.860.790.520.780.751.751.301.440.060.76
Price/Book Value ratio
1.541.611.471.361.191.152.091.721.771.971.28
Price/Cash Flow ratio
5.934.044.754.309.545.4710.777.857.288.997.50
Price/Free Cash Flow ratio
9.225.567.347.6243.889.2719.5318.5012.090.5626.58
Price/Earnings Growth ratio
-0.843.85-0.013.56-0.190.72-5.480.033.600.141.68
Dividend Yield
2.38%3.00%2.44%2.78%N/A2.40%1.40%2.05%2.02%0.34%1.20%
Profitability Indicator Ratios
Gross Profit Margin
13.15%54.78%52.37%49.68%57.15%59.10%56.52%60.19%64.17%62.79%53.41%
Operating Profit Margin
4.54%3.54%2.69%3.71%3.85%5.51%7.68%7.99%9.08%9.41%3.78%
Pretax Profit Margin
1.13%0.05%-2.40%-1.48%0.39%-0.35%0.79%4.61%5.12%5.97%-0.54%
Net Profit Margin
0.81%-0.18%-3.71%-0.15%0.85%-0.60%0.31%3.46%3.60%4.11%0.35%
Effective Tax Rate
7.56%2516.66%-54.21%-89.28%116.90%-71.42%61.11%24.93%29.73%31.17%22.73%
Return on Assets
1.19%-0.07%-1.53%-0.08%0.48%-0.31%0.13%1.60%1.81%1.93%0.19%
Return On Equity
2.85%-0.34%-6.94%-0.40%1.31%-0.92%0.37%4.57%4.42%5.10%0.45%
Return on Capital Employed
8.87%1.81%1.39%2.67%2.63%3.55%4.02%4.54%5.19%5.02%2.65%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A2.03N/A
Quick Ratio
0.680.690.890.860.900.950.580.681.921.920.88
Cash ratio
0.130.130.090.090.300.250.180.111.191.190.20
Days of Sales Outstanding
33.7684.9455.9643.0457.7540.8855.8233.7530.1532.3049.31
Days of Inventory outstanding
46.78169.5858.8240.7861.6431.2750.3735.3627.1928.0546.45
Operating Cycle
80.54254.52114.7983.83119.3972.15106.2069.1257.3560.3695.77
Days of Payables Outstanding
39.49154.4887.7663.0298.0262.8896.6058.4854.2255.9380.45
Cash Conversion Cycle
41.04100.0327.0220.8021.379.269.6010.633.134.4215.31
Debt Ratios
Debt Ratio
0.270.570.550.550.420.440.450.430.390.390.43
Debt Equity Ratio
0.662.582.522.591.141.291.281.230.960.961.21
Long-term Debt to Capitalization
0.400.700.690.700.510.540.520.510.490.490.53
Total Debt to Capitalization
0.400.720.710.720.530.560.560.550.490.490.54
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.380.150.120.120.100.160.150.170.250.220.11
Company Equity Multiplier
2.394.514.534.652.712.902.822.852.442.442.81
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.210.160.120.080.130.160.160.190.190.10
Free Cash Flow / Operating Cash Flow Ratio
0.640.720.640.560.210.580.550.420.600.620.39
Cash Flow Coverage Ratio
0.380.150.120.120.100.160.150.170.250.220.11
Short Term Coverage Ratio
N/A2.041.281.241.622.631.151.36N/AN/A2.13
Dividend Payout Ratio
128.82%-1409.09%-52.07%-927.77%N/A-300.92%793.87%77.34%81.03%57.20%-150.46%