Freshworks
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-58.41-236.531713.67
Price/Sales ratio
4.243.602.782.32
Earnings per Share (EPS)
$-0.22$-0.05$0.78$0.97

Historical Multiples (2014 – 2023)

2014 2015 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
461.06161.24300.54186.95-386.35-209.89-17.86-18.03-50.09-17.90-202.13
Price/Sales ratio
5.906.586.276.3969.7648.169.248.4011.548.3458.96
Price/Book Value ratio
6.308.107.848.16-10.71-4.452.773.986.423.95-3.37
Price/Cash Flow ratio
37.1033.3547.3778.94-1.47K369.67299.38-1.65K79.88-1.64K-551.65
Price/Free Cash Flow ratio
50.2859.47-660.1583.64-523.02552.481.46K-283.4388.44-281.42-219.68
Price/Earnings Growth ratio
N/A0.84-6.70-0.002.61-2.28-0.030.401.17-0.180.16
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
79.78%77.86%77.65%83.85%78.84%78.97%78.96%80.76%82.66%80.76%81.35%
Operating Profit Margin
15.71%13.00%7.60%8.91%-17.21%-22.47%-55.19%-46.86%-28.53%-46.86%-19.84%
Pretax Profit Margin
2.54%5.38%3.61%4.59%-15.94%-21.34%-48.91%-44.33%-20.75%-44.33%-18.64%
Net Profit Margin
1.28%4.08%2.08%3.42%-18.05%-22.94%-51.74%-46.61%-23.04%-46.61%-20.50%
Effective Tax Rate
49.73%31.91%42.31%25.53%-13.22%-7.53%-5.79%-5.13%-11.04%-5.13%-9.18%
Return on Assets
0.46%1.78%0.96%1.75%-9.67%-15.59%-12.94%-16.81%-9.43%-16.81%-12.63%
Return On Equity
1.36%5.02%2.61%4.36%2.77%2.12%-15.50%-22.06%-12.81%-21.58%2.44%
Return on Capital Employed
6.16%6.22%3.84%5.26%-13.28%-26.07%-16.25%-21.05%-15.06%-21.05%-19.67%
Liquidity Ratios
Current Ratio
0.870.78N/A0.36N/AN/AN/AN/AN/A4.70N/A
Quick Ratio
0.840.740.530.352.751.996.294.624.144.481.55
Cash ratio
0.270.280.090.170.760.623.341.111.491.110.46
Days of Sales Outstanding
21.2115.0115.3310.2851.4450.1050.9151.6459.4751.6430.86
Days of Inventory outstanding
11.8611.9011.809.8154.5763.7468.4876.75N/AN/A59.15
Operating Cycle
33.0826.9227.1420.10106.02113.84119.39128.4059.4712.73109.93
Days of Payables Outstanding
56.68134.4379.3185.3336.5825.7929.5622.5112.3022.5131.19
Cash Conversion Cycle
-23.59-107.51-52.17-65.2369.4388.0489.82105.8847.1629.1378.73
Debt Ratios
Debt Ratio
0.430.400.390.33N/AN/AN/AN/AN/A0.23N/A
Debt Equity Ratio
1.251.131.070.82N/AN/AN/AN/AN/A0.31N/A
Long-term Debt to Capitalization
0.550.520.490.41N/AN/AN/AN/AN/A0.02N/A
Total Debt to Capitalization
0.550.530.510.45N/AN/AN/AN/AN/A0.03N/A
Interest Coverage Ratio
0.30N/AN/A1.11N/AN/AN/AN/AN/A-15.79N/A
Cash Flow to Debt Ratio
0.130.210.150.12N/AN/AN/AN/AN/A-0.07N/A
Company Equity Multiplier
2.922.822.692.49-0.28-0.131.191.311.351.310.51
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.190.130.08-0.040.130.03-0.000.14-0.00-0.02
Free Cash Flow / Operating Cash Flow Ratio
0.730.56-0.070.942.810.660.205.840.905.841.88
Cash Flow Coverage Ratio
0.130.210.150.12N/AN/AN/AN/AN/A-0.07N/A
Short Term Coverage Ratio
5.538.472.130.89N/AN/AN/AN/AN/A-0.37N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A