Grifols, S.A.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
10.028.297.016.17
Price/Sales ratio
1.261.181.111.04
Earnings per Share (EPS)
$1.01$1.22$1.45$1.64

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
20.4619.2019.1120.1218.3722.7516.6925.2525.85119.736.9322.75
Price/Sales ratio
2.862.592.573.082.442.791.931.350.881.070.782.79
Price/Book Value ratio
3.623.102.803.672.592.952.021.090.871.210.682.95
Price/Cash Flow ratio
9.8313.7618.8415.8414.8625.009.3011.22-495.5634.093.7225.00
Price/Free Cash Flow ratio
13.9158.1640.0025.7025.5190.8413.8123.77-13.93-81.505.3290.84
Price/Earnings Growth ratio
0.571.477.450.94-1.784.95-15.19-0.44-1.26-1.661.57-1.78
Dividend Yield
1.62%2.16%2.07%1.63%2.54%1.67%1.09%3.86%0.01%N/AN/A1.67%
Profitability Indicator Ratios
Gross Profit Margin
50.64%49.07%47.21%49.83%45.68%45.91%42.23%39.78%36.79%35.23%42.74%45.91%
Operating Profit Margin
25.56%24.66%23.19%23.23%22.15%22.18%18.65%12.06%13.28%11.19%19.62%22.18%
Pretax Profit Margin
17.57%17.54%17.59%16.11%16.17%16.02%16.45%7.10%5.95%3.39%15.95%16.02%
Net Profit Margin
14.01%13.52%13.46%15.34%13.29%12.26%11.58%5.37%3.43%0.89%11.29%12.26%
Effective Tax Rate
20.79%23.00%23.59%4.94%18.10%20.61%19.30%24.29%24.94%19.35%19.49%18.10%
Return on Assets
5.56%5.54%5.38%6.06%4.78%4.02%4.04%1.37%0.96%0.27%2.98%4.02%
Return On Equity
17.69%16.14%14.65%18.26%14.11%12.96%12.10%4.35%3.39%1.01%11.43%12.96%
Return on Capital Employed
11.63%11.35%10.37%10.09%8.86%7.98%7.14%3.77%4.11%3.85%5.62%7.98%
Liquidity Ratios
Current Ratio
2.692.930.003.010.041.262.37N/AN/AN/A2.670.04
Quick Ratio
1.591.571.381.341.212.200.870.930.741.290.802.20
Cash ratio
0.991.080.830.900.820.540.430.180.280.220.310.54
Days of Sales Outstanding
66.1744.3247.6332.5632.6633.6834.4636.6645.4344.9050.7632.66
Days of Inventory outstanding
263.15260.76280.54274.54291.94310.08236.90277.61304.89295.74336.48291.94
Operating Cycle
329.32305.08328.17307.11324.61343.76271.37314.27350.32340.65349.00324.61
Days of Payables Outstanding
96.8874.6878.7371.2984.1477.0271.1877.2869.7069.5180.4280.42
Cash Conversion Cycle
232.44230.39249.44235.82240.46266.74200.18236.98280.62271.1353.31266.74
Debt Ratios
Debt Ratio
0.490.490.480.540.480.400.400.430.400.420.590.48
Debt Equity Ratio
1.581.441.301.651.421.321.201.381.421.541.991.42
Long-term Debt to Capitalization
0.600.580.550.610.580.550.530.500.570.580.590.58
Total Debt to Capitalization
0.610.590.560.620.580.560.540.580.580.600.600.58
Interest Coverage Ratio
2.222.362.372.652.161.994.37N/AN/AN/A3.782.16
Cash Flow to Debt Ratio
0.230.150.110.140.120.080.170.07-0.000.020.120.12
Company Equity Multiplier
3.172.912.723.002.953.222.993.153.513.673.322.95
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.290.180.130.190.160.110.200.12-0.000.030.200.16
Free Cash Flow / Operating Cash Flow Ratio
0.700.230.470.610.580.270.670.4735.55-0.410.700.58
Cash Flow Coverage Ratio
0.230.150.110.140.120.080.170.07-0.000.020.120.12
Short Term Coverage Ratio
6.214.102.766.51104.172.054.000.25-0.010.262.902.90
Dividend Payout Ratio
33.17%41.67%39.62%32.93%46.73%38.18%18.30%97.59%0.28%N/AN/A38.18%