Goldman Sachs MLP Energy Infrastructure Fund
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
35.2322.2317.5213.3911.0610.6816.998.219.5010.4213.5511.06
Price/Sales ratio
1.841.211.391.030.830.770.520.630.660.720.060.77
Price/Book Value ratio
3.792.712.752.011.511.400.841.001.111.141.451.45
Price/Cash Flow ratio
14.319.5710.548.256.505.603.175.199.833.905.015.60
Price/Free Cash Flow ratio
52.8728.0030.6921.0814.2110.764.9110.691.58K6.280.5210.76
Price/Earnings Growth ratio
-3.771.590.383.78-8.632.24-0.260.041.05-7.260.37-8.63
Dividend Yield
1.28%1.79%1.76%2.58%3.45%3.57%3.34%2.71%4.22%4.32%4.77%3.45%
Profitability Indicator Ratios
Gross Profit Margin
31.98%32.83%33.94%32.53%29.55%29.34%27.92%29.35%26.36%28.04%29.24%29.34%
Operating Profit Margin
10.39%11.57%12.21%12.00%11.91%11.92%8.73%12.40%11.32%11.77%12.30%11.91%
Pretax Profit Margin
8.44%8.81%11.78%10.71%10.12%9.26%4.78%10.38%9.29%8.78%8.78%9.26%
Net Profit Margin
5.24%5.47%7.95%7.69%7.55%7.20%3.06%7.72%6.99%6.98%6.92%7.20%
Effective Tax Rate
37.55%37.77%32.34%28.07%25.56%22.62%36.15%25.33%24.35%20.36%20.93%22.62%
Return on Assets
4.56%4.85%6.57%6.68%5.52%5.49%1.98%5.32%5.65%5.62%5.27%5.49%
Return On Equity
10.78%12.22%15.69%15.04%13.69%13.15%4.97%12.28%11.68%11.02%10.72%13.15%
Return on Capital Employed
11.73%13.14%13.50%13.60%11.36%11.70%7.29%11.48%12.30%12.15%12.12%11.36%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.82N/A
Quick Ratio
0.991.080.991.060.990.901.271.100.961.061.100.99
Cash ratio
0.220.290.280.300.300.200.660.500.280.320.370.30
Days of Sales Outstanding
50.0049.5553.1051.2557.2153.4155.5854.8553.6849.5852.6353.41
Days of Inventory outstanding
115.35109.95118.40111.06110.60100.4697.94111.06109.5497.48108.79100.46
Operating Cycle
165.36159.50171.51162.32167.81153.88153.52165.91163.22147.06161.42153.88
Days of Payables Outstanding
59.3360.3471.4474.0171.5066.2867.4882.2269.5464.5164.9466.28
Cash Conversion Cycle
106.0299.15100.0788.3196.3187.5986.0383.6893.6882.5496.4796.31
Debt Ratios
Debt Ratio
0.100.120.120.110.210.210.260.220.200.170.200.21
Debt Equity Ratio
0.240.310.290.250.530.510.670.510.420.330.420.51
Long-term Debt to Capitalization
0.140.200.140.170.300.300.350.280.230.230.260.30
Total Debt to Capitalization
0.190.230.220.200.340.340.400.340.290.250.290.34
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
1.070.900.890.960.430.480.390.370.260.880.690.43
Company Equity Multiplier
2.352.512.382.252.472.392.502.302.061.962.032.39
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.120.120.130.120.120.130.160.120.060.180.180.12
Free Cash Flow / Operating Cash Flow Ratio
0.270.340.340.390.450.520.640.480.000.620.610.45
Cash Flow Coverage Ratio
1.070.900.890.960.430.480.390.370.260.880.690.43
Short Term Coverage Ratio
3.515.062.125.792.383.562.171.721.058.944.592.38
Dividend Payout Ratio
45.26%39.91%30.94%34.57%38.25%38.21%56.84%22.29%40.17%45.10%50.05%38.25%