IAA
Financial ratios & Valuation

Historical Multiples (2015 – 2022)

2015 2016 2017 2018 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
57.5554.5232.0528.1632.0344.9623.1118.2530.10
Price/Sales ratio
5.204.714.243.894.306.323.702.544.10
Price/Book Value ratio
N/A9.449.059.18-45.10126.2120.409.409.12
Price/Cash Flow ratio
36.8546.1125.7017.8422.8228.2521.8713.3620.33
Price/Free Cash Flow ratio
52.2673.7035.3423.1830.5336.4638.7824.1523.66
Price/Earnings Growth ratio
N/A9.130.452.006.31N/A0.45-40.444.16
Dividend Yield
N/AN/AN/AN/A20.64%N/AN/AN/A10.32%
Profitability Indicator Ratios
Gross Profit Margin
36.19%35.49%36.17%38.10%38.18%38.84%39.44%35.00%38.14%
Operating Profit Margin
18.00%17.42%19.25%21.43%22.11%22.52%24.26%19.86%21.77%
Pretax Profit Margin
14.32%13.96%16.15%18.55%18.24%18.55%21.11%17.21%18.40%
Net Profit Margin
9.04%8.64%13.23%13.84%13.44%14.06%16.02%13.93%13.54%
Effective Tax Rate
36.86%38.09%18.07%25.38%26.31%24.20%24.12%19.09%25.85%
Return on Assets
N/A7.01%11.25%12.24%8.98%7.70%9.33%8.69%10.61%
Return On Equity
N/A17.32%28.25%32.61%-140.81%280.69%88.24%62.68%30.43%
Return on Capital Employed
N/A25.50%29.41%34.29%16.66%13.88%17.51%14.31%25.47%
Liquidity Ratios
Current Ratio
N/AN/A0.65N/A1.882.44N/A1.750.94
Quick Ratio
N/A0.520.570.601.682.261.061.420.58
Cash ratio
N/A0.060.050.080.190.820.170.430.07
Days of Sales Outstanding
N/A84.6690.6885.5585.3398.7892.5177.4285.44
Days of Inventory outstanding
N/A24.3222.5121.5520.5822.9741.06N/A21.07
Operating Cycle
N/A108.99113.19107.11105.91121.75133.5819.09106.51
Days of Payables Outstanding
N/A44.7853.6157.3339.6152.8353.6361.8055.47
Cash Conversion Cycle
N/A64.2059.5849.7766.3068.9179.9415.6158.03
Debt Ratios
Debt Ratio
N/A0.330.310.300.940.850.750.830.31
Debt Equity Ratio
N/A0.830.790.81-14.8131.227.134.920.80
Long-term Debt to Capitalization
N/AN/AN/AN/A1.070.960.860.790.53
Total Debt to Capitalization
N/A0.450.440.441.070.960.870.800.44
Interest Coverage Ratio
N/AN/A-5.15N/A5.705.57N/A8.174.08
Cash Flow to Debt Ratio
N/A0.240.440.630.130.140.130.160.40
Company Equity Multiplier
N/A2.462.512.66-15.6736.439.455.922.58
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.100.160.210.180.220.160.190.20
Free Cash Flow / Operating Cash Flow Ratio
0.700.620.720.760.740.770.560.550.75
Cash Flow Coverage Ratio
N/A0.240.440.630.130.140.130.160.40
Short Term Coverage Ratio
N/A0.240.440.633.953.771.123.320.53
Dividend Payout Ratio
N/AN/AN/AN/A661.49%N/AN/AN/A330.74%