II-VI Incorporated
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
N/AN/AN/AN/AN/AN/A-58.1983.6177.69N/A-87.25N/A
Price/Sales ratio
N/AN/AN/AN/AN/AN/A1.638.015.49N/A7.99N/A
Price/Book Value ratio
N/AN/AN/AN/AN/AN/A1.877.305.04N/A3.86N/A
Price/Cash Flow ratio
N/AN/AN/AN/AN/AN/A13.1243.3144.12N/A34.74N/A
Price/Free Cash Flow ratio
N/AN/AN/AN/AN/AN/A24.9058.12184.23N/A118.55N/A
Price/Earnings Growth ratio
N/AN/AN/AN/AN/AN/A0.38-33.86-0.22N/A-4.20N/A
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A0.08%0.18%N/A1.32%N/A
Profitability Indicator Ratios
Gross Profit Margin
33.18%36.60%37.81%39.95%39.88%38.26%34.43%39.15%38.15%31.36%30.78%38.26%
Operating Profit Margin
-0.43%4.02%4.39%6.37%12.12%11.09%-8.20%4.58%3.50%-12.23%-16.09%11.09%
Pretax Profit Margin
6.67%10.66%10.87%12.22%10.54%9.45%-2.68%11.35%8.49%-6.89%-7.98%9.45%
Net Profit Margin
5.62%8.89%7.91%9.80%7.59%7.89%-2.81%9.58%7.07%-5.02%-5.78%7.89%
Effective Tax Rate
16.04%16.60%27.20%19.79%27.98%16.53%-4.85%15.60%16.69%27.02%27.51%27.51%
Return on Assets
3.58%6.23%5.36%6.44%4.99%5.50%-1.28%4.56%2.99%-1.89%-1.61%5.50%
Return On Equity
5.69%9.04%8.37%10.57%8.59%9.48%-3.22%8.73%6.49%-5.20%-4.29%9.48%
Return on Capital Employed
-0.31%3.25%3.46%4.79%9.21%8.98%-4.28%2.46%1.76%-4.99%-4.86%8.98%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3.01N/A
Quick Ratio
2.512.502.382.692.171.901.733.192.681.831.631.90
Cash ratio
1.291.241.271.471.040.750.732.182.030.770.770.75
Days of Sales Outstanding
73.0369.2572.7272.6167.7372.2391.7277.4477.0765.7688.9467.73
Days of Inventory outstanding
132.61127.56124.26127.37130.08128.56144.97134.40160.61131.11175.85130.08
Operating Cycle
205.65196.81196.99199.98197.81200.80236.69211.84237.68196.88264.80197.81
Days of Payables Outstanding
36.5835.1338.1740.9847.0345.3262.8656.8877.3941.7656.0147.03
Cash Conversion Cycle
169.06161.68158.81159.00150.77155.47173.83154.96160.29155.12208.78150.77
Debt Ratios
Debt Ratio
0.220.160.190.240.240.230.450.230.310.320.320.24
Debt Equity Ratio
0.350.240.300.400.420.411.140.440.670.900.900.42
Long-term Debt to Capitalization
0.240.170.210.270.290.280.520.290.350.460.460.29
Total Debt to Capitalization
0.260.190.230.280.300.290.530.300.400.470.470.30
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-2.72N/A
Cash Flow to Debt Ratio
0.390.730.520.320.360.380.120.370.160.140.120.38
Company Equity Multiplier
1.581.451.551.641.711.722.521.912.162.742.741.71
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.130.170.140.120.130.130.120.180.120.120.140.13
Free Cash Flow / Operating Cash Flow Ratio
0.690.590.52-0.160.040.230.520.740.230.310.460.04
Cash Flow Coverage Ratio
0.390.730.520.320.360.380.120.370.160.140.120.38
Short Term Coverage Ratio
4.776.466.145.938.057.483.166.570.955.604.907.48
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A6.82%14.69%-10.63%-12.50%N/A