IMI
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
12.916.2233.9839.5929.2229.6430.9327.6023.8115.2416.7029.64
Price/Sales ratio
1.652.462.783.142.702.632.572.572.501.68N/A2.63
Price/Book Value ratio
4.818.167.939.537.807.536.805.876.003.804.177.53
Price/Cash Flow ratio
9.0535.3717.8520.5822.1324.2515.3314.2817.3612.1613.3224.25
Price/Free Cash Flow ratio
10.8788.9025.1628.6632.8333.7919.3916.8822.0816.24N/A33.79
Price/Earnings Growth ratio
-5.860.03-0.4212.401.237.11-3.863.171.410.961.067.11
Dividend Yield
3.67%2.34%2.36%2.02%2.22%2.14%2.29%1.94%1.32%1.80%0.66%2.14%
Profitability Indicator Ratios
Gross Profit Margin
45.59%45.45%44.33%43.97%44.02%42.87%43.40%44.72%46.16%45.72%45.72%44.02%
Operating Profit Margin
15.51%16.00%11.93%11.41%11.00%12.14%10.90%12.42%13.88%15.09%15.09%11.00%
Pretax Profit Margin
14.29%14.57%10.44%10.02%10.33%11.16%10.10%11.74%13.10%13.92%13.92%10.33%
Net Profit Margin
12.83%39.65%8.19%7.93%9.25%8.88%8.33%9.32%10.51%11.04%11.04%9.25%
Effective Tax Rate
22.34%21.53%24.21%19.41%19.67%20.43%19.01%20.57%19.74%20.70%20.70%19.67%
Return on Assets
13.15%48.68%8.28%7.93%10.09%9.39%8.55%8.69%9.05%8.98%8.98%9.39%
Return On Equity
37.26%131.25%23.36%24.07%26.68%25.42%21.98%21.28%25.19%24.98%26.86%26.68%
Return on Capital Employed
23.76%28.71%17.55%16.72%20.07%19.76%16.19%16.54%17.98%18.17%18.17%19.76%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.28N/A
Quick Ratio
0.161.071.050.990.840.930.871.020.730.770.160.93
Cash ratio
0.120.100.230.150.150.200.150.350.120.160.160.15
Days of Sales Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
94.4489.8298.25100.8393.5891.3096.69106.12121.78136.63136.6393.58
Operating Cycle
94.4489.8298.25100.8393.5891.3096.69106.12121.78136.63136.6393.58
Days of Payables Outstanding
74.4765.2572.0984.6382.6766.4762.7768.67145.47143.65143.6582.67
Cash Conversion Cycle
19.9624.5626.1516.1910.9124.8233.9137.44-23.68-7.02-109.9624.82
Debt Ratios
Debt Ratio
0.610.170.220.210.220.290.280.260.330.370.640.22
Debt Equity Ratio
1.750.470.640.660.590.800.740.650.921.041.040.59
Long-term Debt to Capitalization
0.250.300.340.380.260.360.370.340.390.420.420.26
Total Debt to Capitalization
0.330.320.390.400.370.440.420.390.470.510.510.37
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A12.99N/A
Cash Flow to Debt Ratio
1.070.480.690.690.580.380.590.620.370.300.300.38
Company Equity Multiplier
2.832.692.823.032.642.702.562.442.782.782.782.64
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.180.060.150.150.120.100.160.180.140.130.130.12
Free Cash Flow / Operating Cash Flow Ratio
0.830.390.700.710.670.710.790.840.780.740.740.67
Cash Flow Coverage Ratio
1.070.480.690.690.580.380.590.620.370.300.300.38
Short Term Coverage Ratio
3.594.704.0113.241.471.283.043.291.231.051.051.28
Dividend Payout Ratio
47.43%14.58%80.32%80.27%65.08%63.69%70.98%53.81%31.48%27.48%27.48%63.69%