First Republic Bank
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
14.8714.5917.9220.3518.0216.5821.2023.7424.7313.250.5016.58
Price/Sales ratio
4.684.314.705.764.683.956.066.557.363.820.143.95
Price/Book Value ratio
1.651.481.641.981.741.632.002.152.291.260.031.63
Price/Cash Flow ratio
12.2213.7718.6815.8213.8113.4621.0247.5630.3587.542.6313.46
Price/Free Cash Flow ratio
13.7014.9928.5019.3517.0215.5125.6066.0536.33401.126.5315.51
Price/Earnings Growth ratio
1.0610.275.330.892.911.85111.132.070.741.900.351.85
Dividend Yield
1.28%N/A1.53%1.19%1.21%1.23%0.89%0.78%0.69%1.57%7.69%1.21%
Profitability Indicator Ratios
Gross Profit Margin
100%100%90.94%91.28%87.67%82.84%100%100%100%100%100%87.67%
Operating Profit Margin
45.18%49.85%42.13%41.72%41.63%44.17%34.82%34.61%36.85%52.46%56.03%41.63%
Pretax Profit Margin
45.18%40.62%34.72%34.83%31.32%29.36%34.82%34.61%36.85%37.08%36.84%31.32%
Net Profit Margin
31.46%29.53%26.24%28.34%26.01%23.83%28.59%27.61%29.79%28.84%28.73%26.01%
Effective Tax Rate
30.36%27.29%24.4%18.62%16.94%18.81%17.90%20.22%19.14%22.23%22.02%16.94%
Return on Assets
1.09%1.00%0.88%0.91%0.86%0.85%0.80%0.74%0.81%0.78%0.59%0.85%
Return On Equity
11.10%10.19%9.15%9.74%9.69%9.83%9.44%9.05%9.29%9.54%7.43%9.83%
Return on Capital Employed
1.57%1.70%1.50%1.43%1.51%3.51%0.97%2.47%1.05%1.47%1.19%3.51%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.79N/A
Quick Ratio
N/AN/A1.581.580.990.1415.550.143.681.540.790.79
Cash ratio
N/AN/A0.320.490.290.054.850.051.750.630.630.29
Days of Sales Outstanding
N/AN/A32.7534.6146.3134.0042.7940.7836.8644.7658.7446.31
Days of Inventory outstanding
N/AN/A-8.55K-7.64K-5.17K-2.92KN/AN/AN/AN/AN/A-5.17K
Operating Cycle
N/AN/A-8.51K-7.61K-5.12K-2.89KN/AN/AN/AN/AN/A-5.12K
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/A-8.51K-7.61K-5.12K-2.89KN/AN/AN/AN/AN/A-5.12K
Debt Ratios
Debt Ratio
0.120.110.070.090.110.100.080.090.030.050.070.10
Debt Equity Ratio
1.241.190.790.981.281.201.001.160.350.700.871.20
Long-term Debt to Capitalization
0.550.540.390.430.470.440.490.410.230.240.320.44
Total Debt to Capitalization
0.550.540.440.490.560.540.500.530.260.410.460.54
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.92N/A
Cash Flow to Debt Ratio
0.100.090.110.120.090.100.090.030.210.020.010.10
Company Equity Multiplier
10.1210.1110.3510.6211.2411.4411.8012.1211.3912.1812.1811.24
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.380.310.250.360.330.290.280.130.240.040.050.29
Free Cash Flow / Operating Cash Flow Ratio
0.890.910.650.810.810.860.820.720.830.210.410.86
Cash Flow Coverage Ratio
0.100.090.110.120.090.100.090.030.210.020.010.10
Short Term Coverage Ratio
N/AN/A0.580.550.340.282.680.101.810.030.030.28
Dividend Payout Ratio
19.14%N/A27.45%24.28%21.85%20.56%19.04%18.55%17.18%20.90%21.43%21.43%