FRP Holdings
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
24.8735.8031.0210.633.7156.0434.5113.55112.20111.71119.243.71
Price/Sales ratio
1.558.549.9510.2820.9820.8118.6017.4113.6614.2714.5220.81
Price/Book Value ratio
1.201.621.871.821.261.311.191.371.251.421.331.26
Price/Cash Flow ratio
10.6717.1919.1321.08-12.4210.5123.5724.4422.9317.9617.47-12.42
Price/Free Cash Flow ratio
18.1627.59-46.2599.821.5810.27410.5310.417.1617.9617.471.58
Price/Earnings Growth ratio
-0.622.410.320.060.01-0.600.690.06-1.266.70-1.44-0.60
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
12.10%87.17%88.05%88.36%88.08%87.62%88.01%87.98%88.99%47.39%88.99%88.08%
Operating Profit Margin
11.09%35.15%43.73%31.49%8.90%16.00%-3.29%-11.81%5.41%28.18%21.33%8.90%
Pretax Profit Margin
10.41%28.82%53.06%157.16%6.73%49.60%63.30%161.35%14.87%15.41%14.87%6.73%
Net Profit Margin
6.25%23.87%32.10%96.66%565.21%37.13%53.91%128.42%12.17%12.77%12.17%37.13%
Effective Tax Rate
39.90%38.99%39.50%10.79%35.33%25.13%28.84%20.40%27.43%23.69%27.43%27.43%
Return on Assets
3.20%3.27%4.51%9.97%24.62%1.63%2.37%5.91%0.65%0.74%0.65%1.63%
Return On Equity
4.85%4.53%6.04%17.14%34.13%2.35%3.46%10.11%1.12%1.27%1.14%2.35%
Return on Capital Employed
6.10%5.17%6.57%3.32%0.39%0.71%-0.14%-0.54%0.29%1.65%1.15%0.39%
Liquidity Ratios
Current Ratio
1.130.69N/A1.4852.6156.4742.68N/AN/AN/A28.8556.47
Quick Ratio
1.090.650.301.3252.2436.9617.900.5428.85174.5228.7336.96
Cash ratio
0.040.02N/A0.455.847.1417.6924.8228.40170.3228.405.84
Days of Sales Outstanding
29.6863.0851.37N/A173.5416.90N/A29.4119.6926.5819.6916.90
Days of Inventory outstanding
2.32N/AN/AN/AN/A3.48K10.38K16.10KN/AN/AN/A3.48K
Operating Cycle
32.0163.0851.37N/A173.543.50K10.38K16.13K19.6926.584.853.50K
Days of Payables Outstanding
10.23283.91305.62317.48492.92301.70469.48597.17528.34139.29528.34492.92
Cash Conversion Cycle
21.77-220.83-254.24-317.48-319.373.20K9.91K15.54K-508.65-112.71-508.653.20K
Debt Ratios
Debt Ratio
0.170.190.150.220.170.160.160.260.250.250.360.17
Debt Equity Ratio
0.270.260.200.380.240.230.240.450.430.430.630.24
Long-term Debt to Capitalization
0.190.160.120.260.190.190.190.310.300.300.300.19
Total Debt to Capitalization
0.210.210.170.270.190.190.190.310.300.30N/A0.19
Interest Coverage Ratio
12.046.04N/A3.140.635.464.66N/AN/AN/A2.620.63
Cash Flow to Debt Ratio
0.410.350.470.22-0.410.520.200.120.120.18N/A-0.41
Company Equity Multiplier
1.511.381.341.711.381.431.461.711.721.711.721.38
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.490.520.48-1.681.970.780.710.590.790.83-1.68
Free Cash Flow / Operating Cash Flow Ratio
0.580.62-0.410.21-7.841.020.052.343.2011-7.84
Cash Flow Coverage Ratio
0.410.350.470.22-0.410.520.200.120.120.18N/A-0.41
Short Term Coverage Ratio
5.151.351.704.71N/AN/A34.34N/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A