ITOCHU Techno-Solutions
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
71.9266.3526.5433.8043.7324.6624.5726.7720.2822.1921.1524.66
Price/Sales ratio
2.903.021.221.812.401.341.431.701.371.331.121.34
Price/Book Value ratio
6.016.832.663.844.992.753.013.202.552.542.252.75
Price/Cash Flow ratio
158.0644.7121.8829.3293.6429.4313.9521.9019.9023.8822.6529.43
Price/Free Cash Flow ratio
-532.4853.1640.3646.15159.1438.8816.2225.8627.8628.9627.2338.88
Price/Earnings Growth ratio
-6.762.765.611.585.525.591.573.751.26-6.741.595.59
Dividend Yield
0.64%0.57%1.54%1.17%0.95%1.81%1.76%1.75%2.17%2.75%N/A1.81%
Profitability Indicator Ratios
Gross Profit Margin
23.90%23.89%23.37%23.71%23.64%23.83%24.23%25.31%25.78%24.35%24.51%23.64%
Operating Profit Margin
6.71%7.68%7.13%7.63%7.59%7.94%8.55%9.09%9.66%8.13%7.71%7.59%
Pretax Profit Margin
6.77%7.72%7.13%7.67%7.85%8.02%8.52%9.15%9.93%8.21%7.83%8.02%
Net Profit Margin
4.03%4.55%4.60%5.36%5.48%5.44%5.84%6.35%6.77%5.99%5.32%5.44%
Effective Tax Rate
39.55%40.15%35.08%29.72%29.51%31.43%31.48%29.82%33.55%28.03%33.85%29.51%
Return on Assets
4.99%5.74%5.85%6.56%6.66%6.49%6.48%6.58%6.96%6.47%5.97%6.49%
Return On Equity
8.36%10.30%10.04%11.37%11.41%11.15%12.28%11.96%12.58%11.45%10.66%11.15%
Return on Capital Employed
12.56%15.29%14.01%14.71%14.31%14.74%15.08%15.04%15.11%13.46%13.10%14.74%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.22N/A
Quick Ratio
1.961.851.931.851.961.981.811.801.941.900.631.98
Cash ratio
0.400.450.410.390.400.430.450.460.540.500.500.40
Days of Sales Outstanding
122.54104.73103.57103.36110.82106.94103.28106.80105.57101.22N/A106.94
Days of Inventory outstanding
40.4326.3322.4828.2028.4630.6428.7341.9540.8947.0650.9228.46
Operating Cycle
162.98131.07126.06131.56139.28137.59132.01148.75146.47148.2950.92137.59
Days of Payables Outstanding
48.7162.4057.4156.5754.0457.1556.1757.0154.5856.3647.8257.15
Cash Conversion Cycle
114.2768.6768.6474.9985.2380.4475.8391.7491.8891.92-35.2680.44
Debt Ratios
Debt Ratio
0.06N/AN/AN/AN/AN/AN/AN/AN/AN/A0.42N/A
Debt Equity Ratio
0.10N/AN/AN/AN/AN/AN/AN/AN/AN/A0.75N/A
Long-term Debt to Capitalization
0.06N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.09N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A46.37N/A
Cash Flow to Debt Ratio
0.35N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.671.791.711.731.711.711.891.811.801.761.781.71
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.010.060.050.060.020.040.100.070.060.050.040.02
Free Cash Flow / Operating Cash Flow Ratio
-0.290.840.540.630.580.750.860.840.710.820.830.58
Cash Flow Coverage Ratio
0.35N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
1.19N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
46.43%38.05%40.90%39.66%41.66%44.84%43.45%47.03%44.11%61.15%N/A44.84%