Franchise Group
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
8.7711.2728.635.7310.76792.95-57.6190.3611.10-13.65-6.57792.95
Price/Sales ratio
1.041.551.530.640.800.610.930.480.650.210.320.61
Price/Book Value ratio
1.882.242.510.991.200.961.192.562.792.224.661.20
Price/Cash Flow ratio
5.435.6910.143.734.313.877.254.0920.10-25.0121.974.31
Price/Free Cash Flow ratio
14.689.6751.757.768.065.538.894.9436.11-10.24249.358.06
Price/Earnings Growth ratio
-0.090.45-0.470.04-0.32-8.010.03-0.300.000.100.04-0.32
Dividend Yield
N/AN/A0.88%7.94%6.34%8.33%1.80%2.96%3.15%11.93%1.56%8.33%
Profitability Indicator Ratios
Gross Profit Margin
46.46%49.37%45.80%49.84%55.08%54.88%48.74%42.84%40.99%42.39%39.30%54.88%
Operating Profit Margin
20.88%21.80%9.49%18.73%13.40%4.34%-0.64%2.58%4.88%5.02%2.58%4.34%
Pretax Profit Margin
19.50%22.31%8.32%17.57%11.93%2.56%-3.01%-2.44%4.86%-1.76%-7.33%2.56%
Net Profit Margin
11.94%13.76%5.35%11.19%7.47%0.07%-1.62%0.53%5.89%-1.55%-4.90%0.07%
Effective Tax Rate
38.78%38.31%35.63%36.28%37.33%96.98%46.03%122.08%-21.16%11.42%33.11%96.98%
Return on Assets
10.39%11.05%4.71%9.92%6.55%0.07%-1.34%0.59%4.90%-1.88%-4.47%0.07%
Return On Equity
21.53%19.95%8.79%17.41%11.17%0.12%-2.07%2.84%25.16%-16.27%-51.86%0.12%
Return on Capital Employed
25.17%24.35%11.81%22.80%16.05%6.28%-0.76%4.04%5.69%8.23%3.25%6.28%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.36N/A
Quick Ratio
1.992.171.741.681.831.591.930.490.710.610.371.59
Cash ratio
0.400.820.390.180.300.320.470.270.260.080.100.32
Days of Sales Outstanding
176.31150.06148.38155.99157.64139.46186.4412.1013.3014.1228.66139.46
Days of Inventory outstanding
N/A19.9250.1756.1560.9641.36N/A95.11127.91106.16137.7860.96
Operating Cycle
176.31169.98198.55212.14218.60180.82186.44107.22141.22120.28166.45180.82
Days of Payables Outstanding
139.49150.16173.02163.81168.58150.02166.30N/AN/A54.30N/A150.02
Cash Conversion Cycle
36.8219.8225.5248.3350.0130.8020.13107.22141.2265.98166.4550.01
Debt Ratios
Debt Ratio
0.160.140.130.120.130.110.090.590.660.750.790.13
Debt Equity Ratio
0.330.250.250.210.220.180.142.853.406.4712.570.22
Long-term Debt to Capitalization
0.220.160.170.130.130.010.010.690.710.830.910.13
Total Debt to Capitalization
0.250.200.200.170.180.150.120.740.770.860.920.18
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.31N/A
Cash Flow to Debt Ratio
1.021.520.961.261.231.351.130.210.04-0.010.011.35
Company Equity Multiplier
2.071.801.861.751.701.591.544.795.128.6115.841.70
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.190.270.150.170.180.150.120.110.03-0.000.010.15
Free Cash Flow / Operating Cash Flow Ratio
0.370.580.190.480.530.690.810.820.552.440.080.69
Cash Flow Coverage Ratio
1.021.520.961.261.231.351.130.210.04-0.010.011.35
Short Term Coverage Ratio
8.366.396.235.014.191.521.301.040.16-0.070.081.52
Dividend Payout Ratio
N/AN/A25.37%45.58%68.32%6608.88%-104.08%268.18%35.02%-162.93%-49.75%6608.88%