inTEST
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
8.487.825.614.73
Price/Sales ratio
0.430.450.420.39
Earnings per Share (EPS)
$0.82$0.89$1.24$1.47

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
12.8923.8017.8491.2420.8826.58-74.3718.2712.9916.6826.2920.88
Price/Sales ratio
1.061.131.171.330.801.011.231.560.941.261.900.80
Price/Book Value ratio
1.291.231.252.261.471.371.482.421.691.613.421.47
Price/Cash Flow ratio
8.6412.6611.0612.285.78-7.3420.4912.28-79.149.62-160.15-7.34
Price/Free Cash Flow ratio
10.3115.2812.0113.697.25-6.8325.7013.52-39.9110.45-80.77-6.83
Price/Earnings Growth ratio
1.28-0.520.40-1.390.09-1.100.53-0.021.014.392.010.09
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
48.95%48.08%50.65%51.93%50.15%48.17%44.78%48.56%45.74%46.21%45.74%48.17%
Operating Profit Margin
11.76%6.58%10.30%5.40%6.59%-1.06%-3.38%6.93%9.17%8.46%9.17%6.59%
Pretax Profit Margin
11.74%6.64%10.45%5.74%6.41%4.29%-2.28%9.89%8.68%8.96%8.68%6.41%
Net Profit Margin
8.22%4.78%6.60%1.45%3.86%3.82%-1.66%8.58%7.24%7.57%7.24%3.86%
Effective Tax Rate
29.94%27.95%36.81%74.59%39.77%10.82%27.29%13.31%16.59%15.44%16.59%16.59%
Return on Assets
8.87%4.65%6.20%1.56%4.52%3.88%-1.44%7.07%7.68%6.92%7.68%4.52%
Return On Equity
10.00%5.18%7.03%2.48%7.08%5.17%-1.99%13.28%13.02%9.70%14.13%7.08%
Return on Capital Employed
14.30%7.13%10.97%7.51%11.31%-1.25%-3.42%7.55%12.88%9.44%12.88%11.31%
Liquidity Ratios
Current Ratio
7.538.577.512.141.662.973.04N/AN/AN/A2.231.66
Quick Ratio
6.677.716.781.801.352.112.201.561.392.701.282.11
Cash ratio
5.296.335.650.920.830.911.160.840.491.860.490.91
Days of Sales Outstanding
43.9641.2548.7866.4749.0755.9357.2071.1066.2853.8066.2849.07
Days of Inventory outstanding
64.4863.6367.5956.4460.7683.3991.81107.55129.93110.55129.9360.76
Operating Cycle
108.44104.88116.38122.92109.84139.32149.01178.65196.21164.35146.27109.84
Days of Payables Outstanding
21.1116.4325.1523.0916.6523.0329.7735.7942.5730.3842.5716.65
Cash Conversion Cycle
87.3388.4591.2299.8293.18116.29119.24142.86153.63133.9755.74116.29
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/A0.020.010.190.140.080.400.40
Debt Equity Ratio
N/AN/AN/AN/AN/A0.020.020.360.240.120.690.69
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A0.220.150.070.20N/A
Total Debt to Capitalization
N/AN/AN/AN/AN/A0.020.020.260.190.110.250.02
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/A-6.452.670.53-0.081.34-0.06-6.45
Company Equity Multiplier
1.121.111.131.591.561.331.381.871.691.401.691.56
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.120.080.100.100.13-0.130.060.12-0.010.13-0.01-0.13
Free Cash Flow / Operating Cash Flow Ratio
0.830.820.920.890.791.070.790.901.980.921.980.79
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/A-6.452.670.53-0.081.34-0.06-6.45
Short Term Coverage Ratio
N/AN/AN/AN/AN/A-6.452.672.64-0.333.95-0.24-6.45
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A