Halmont Properties
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

Years

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	TTM	Median
Valuation Ratios
Price/Earnings ratio	13.66	17.89	27.95	17.03	36.21	9.62	13.87	13.67	10.98	6.32	5.45	9.62
Price/Sales ratio Price/Sales ratio The P/E ratio and P/S reflects how many times investors are paying for every dollar of a company's sales. Since earnings are subject, to one degree or another, to accounting estimates and management manipulation, many investors consider a company's sales (revenue) figure a more reliable ratio component in calculating a stock's price multiple than the earnings figure. $\frac{StockPricePerShare}{RevenuePerShare}$	8.57	7.76	11.97	7.41	13.38	4.62	6.95	7.34	5.52	7.30	3.19	4.62
Price/Book Value ratio	0.69	1.13	1.30	0.88	1.67	0.70	0.83	0.79	0.81	0.73	0.62	0.70
Price/Cash Flow ratio	27.36	30.10	95.17	49.45	84.81	31.44	68.71	49.92	127.60	40.18	6.42	31.44
Price/Free Cash Flow ratio	27.36	30.10	-8.57	58.53	84.81	1.82	4.03	-17.77	127.60	40.18	6.42	6.42
Price/Earnings Growth ratio Price/Earnings Growth ratio The PEG ratio is a refinement of the P/E ratio and factors in a stock's estimated earnings growth into its current valuation.The general consensus is that if the PEG ratio indicates a value of 1, this means that the market is correctly valuing (the current P/E ratio) a stock in accordance with the stock's current estimated earnings per share growth. If the PEG ratio is less than 1, this means that EPS growth is potentially able to surpass the market's current valuation. In other words, the stock's price is being undervalued. On the other hand, stocks with high PEG ratios can indicate just the opposite - that the stock is currently overvalued. $\frac{PriceEarningsRatio}{ExpectedRevenueGrowth}$	-0.40	0.35	N/A	N/A	-4.52	0.07	-0.44	1.21	0.16	0.08	0.67	-4.52
Dividend Yield Dividend Yield Income investors value a dividend-paying stock, while growth investors have little interest in dividends, preferring to capture large capital gains. Whatever your investing style, it is a matter of historical record that dividend-paying stocks have performed better than non-paying-dividend stocks over the long term. $\frac{DividendPerShare}{StockPricePerShare}$	N/A	N/A	N/A	N/A	N/A	N/A	1.02%	0.80%	0.74%	0.73%	N/A	N/A

Profitability Indicator Ratios
Gross Profit Margin	89.62%	85.91%	85.39%	82.48%	79.71%	86.81%	86.12%	88.86%	91.27%	91.25%	95.25%	79.71%
Operating Profit Margin	61.96%	70.78%	74.58%	72.42%	70.08%	49.68%	29.74%	86.25%	84.27%	86.81%	91.63%	70.08%
Pretax Profit Margin	80.38%	65.57%	61.83%	58.32%	50.02%	64.44%	50.80%	60.67%	66.85%	141.56%	78.18%	50.02%
Net Profit Margin	62.77%	43.41%	42.82%	43.55%	36.94%	48.1%	50.10%	53.75%	50.30%	115.57%	58.63%	36.94%
Effective Tax Rate	-10.22%	13.60%	16.11%	12.23%	12.34%	18.54%	-7.14%	11.40%	18.21%	12.52%	21.37%	12.34%
Return on Assets	2.04%	2.56%	2.14%	2.01%	1.83%	3.12%	2.55%	2.72%	4.38%	6.80%	6.88%	1.83%
Return On Equity	5.11%	6.36%	4.68%	5.20%	4.63%	7.29%	6.02%	5.82%	7.39%	11.62%	11.93%	4.63%
Return on Capital Employed	2.02%	4.19%	3.73%	3.36%	3.49%	3.26%	1.54%	4.43%	7.45%	5.12%	11.01%	3.49%

Liquidity Ratios
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	24.75	N/A
Quick Ratio Quick Ratio The quick ratio is more conservative than the current ratio because it excludes inventory and other current assets, which generally are more difficult to turn into cash. A higher quick ratio means a more liquid current position. $\frac{CashAndCashEquivalents + ShortTermInvestments + AccountReceivables}{CurrentLiabilities}$	34.06	44.49	33.40	9.54	29.42	16.61	6.11	23.72	20.74	94.17	13.14	16.61
Cash ratio	0.37	0.59	1.16	0.04	0.05	0.03	0.01	0.02	N/A	N/A	0.00	0.03
Days of Sales Outstanding	1.04K	483.71	403.38	437.91	978.83	819.04	703.67	2.19K	N/A	1.05K	973.82	819.04
Days of Inventory outstanding	N/A	N/A	16.01K	20.16K	16.33K	18.15K	25.49K	22.74K	12.67K	N/A	18.13K	16.33K
Operating Cycle	1.04K	483.71	16.42K	20.60K	17.31K	18.96K	26.19K	24.94K	12.67K	1.05K	18.37K	17.31K
Days of Payables Outstanding	299.44	78.25	108.54	263.10	164.29	374.65	831.03	831.02	294.70	128.00	1.56K	164.29
Cash Conversion Cycle Cash Conversion Cycle The cash conversion cycle (CCC = DSO + DIO – DPO) measures the number of days a company's cash is tied up in the production and sales process of its operations and the benefit it derives from payment terms from its creditors. The shorter this cycle, the more liquid the company's working capital position is. The CCC is also known as the "cash" or "operating" cycle. $(DSO+DIO-DPO)$	747.47	405.46	16.31K	20.33K	17.15K	18.59K	25.36K	24.11K	12.38K	926.41	3.88K	18.59K

Debt Ratios
Debt Ratio	0.37	0.36	0.34	0.46	0.47	0.45	0.45	0.41	0.26	0.26	0.30	0.45
Debt Equity Ratio	0.92	0.91	0.75	1.19	1.18	1.05	1.08	0.88	0.44	0.45	0.51	1.05
Long-term Debt to Capitalization	N/A	0.47	0.43	0.54	0.53	0.50	0.51	0.46	0.30	0.31	0.28	0.50
Total Debt to Capitalization	0.48	0.47	0.43	0.54	0.54	0.51	0.52	0.46	0.30	0.31	N/A	0.51
Interest Coverage Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	6.81	N/A
Cash Flow to Debt Ratio	0.02	0.04	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.03	N/A	0.02
Company Equity Multiplier	2.50	2.47	2.18	2.58	2.52	2.33	2.35	2.13	1.68	1.70	1.67	2.33

Cash Flow Ratios
Operating Cash Flow / Sales Ratio	0.31	0.25	0.12	0.15	0.15	0.14	0.10	0.14	0.04	0.18	0.49	0.15
Free Cash Flow / Operating Cash Flow Ratio	1	1	-11.10	0.84	1	17.22	17.03	-2.80	1	1	1	17.22
Cash Flow Coverage Ratio	0.02	0.04	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0.03	N/A	0.02
Short Term Coverage Ratio	0.02	N/A	N/A	N/A	0.89	0.52	0.44	N/A	0.40	904.66	N/A	0.52
Dividend Payout Ratio	N/A	N/A	N/A	N/A	N/A	N/A	14.23%	11.03%	8.14%	4.63%	N/A	N/A

Halmont Properties Financial ratios & Valuation

Historical Multiples (2014 – 2023)

Halmont Properties
Financial ratios & Valuation