Ziff Davis
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
20.1225.5122.2422.2622.4817.7426.1014.4658.2575.1129.9722.48
Price/Sales ratio
4.214.723.872.772.392.822.643.592.672.283.852.39
Price/Book Value ratio
3.053.823.703.042.792.963.242.591.961.644.922.79
Price/Cash Flow ratio
14.3314.8812.0011.747.209.418.199.8611.039.7412.057.20
Price/Free Cash Flow ratio
15.8216.2113.3813.948.4011.3510.2312.6616.1314.7514.978.40
Price/Earnings Growth ratio
1.604.141.57-2.69-3.090.25-0.920.10-0.70-2.17-0.96-3.09
Dividend Yield
2.07%1.72%1.94%2.36%2.82%1.12%N/AN/AN/AN/AN/A1.12%
Profitability Indicator Ratios
Gross Profit Margin
82.30%82.94%83.17%84.58%83.34%82.70%84.43%86.72%85.94%85.53%85.66%83.34%
Operating Profit Margin
31.08%27.66%27.74%21.98%20.23%20.19%22.46%11.74%14.30%9.72%22.92%20.23%
Pretax Profit Margin
25.90%21.76%24.18%17.88%14.70%14.54%15.46%23.69%9.42%5.49%14.93%14.70%
Net Profit Margin
20.92%18.53%17.43%12.47%10.65%15.94%10.11%24.82%4.58%3.04%12.85%10.65%
Effective Tax Rate
19.23%14.83%27.90%30.27%25.20%-9.70%29.68%-4.74%44.19%32.20%20.89%20.89%
Return on Assets
7.34%7.45%7.39%5.68%5.02%6.24%4.11%9.34%1.80%1.19%5.74%5.02%
Return On Equity
15.19%15.01%16.66%13.66%12.42%16.68%12.44%17.93%3.36%2.19%17.15%12.42%
Return on Capital Employed
12.04%12.49%15.08%11.22%10.84%9.06%12.02%5.09%6.41%4.36%13.26%10.84%
Liquidity Ratios
Current Ratio
4.052.450.762.341.491.060.70N/AN/AN/A0.781.06
Quick Ratio
4.052.450.762.341.491.980.702.602.502.750.701.98
Cash ratio
2.721.290.271.320.681.280.271.391.501.700.411.28
Days of Sales Outstanding
55.8758.0783.4476.4767.0069.6775.8481.5079.9690.3654.9669.67
Days of Inventory outstanding
1.330.00N/AN/AN/A0.000.008.970.00N/AN/A0.00
Operating Cycle
57.2158.0783.4476.4767.0069.6775.8490.4879.9690.3613.5569.67
Days of Payables Outstanding
328.22339.54441.84359.75302.27333.52311.57254.22225.52228.02305.26302.27
Cash Conversion Cycle
-271.01-281.47-358.40-283.28-235.27-263.84-235.72-163.74-145.56-137.66-250.29-263.84
Debt Ratios
Debt Ratio
0.340.330.370.400.390.410.430.280.280.280.650.39
Debt Equity Ratio
0.710.660.850.980.971.101.300.550.530.521.860.97
Long-term Debt to Capitalization
0.410.390.390.490.490.440.490.340.340.340.490.49
Total Debt to Capitalization
0.410.390.460.490.490.520.560.350.340.340.560.49
Interest Coverage Ratio
5.964.695.863.623.943.982.53N/AN/AN/A2.873.98
Cash Flow to Debt Ratio
0.290.380.360.260.390.280.300.470.330.310.310.28
Company Equity Multiplier
2.062.012.252.402.472.673.021.911.861.832.862.47
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.290.310.320.230.330.300.320.360.240.230.310.30
Free Cash Flow / Operating Cash Flow Ratio
0.900.910.890.840.850.820.800.770.680.660.800.82
Cash Flow Coverage Ratio
0.290.380.360.260.390.280.300.470.330.310.310.28
Short Term Coverage Ratio
N/AN/A1.57N/AN/A1.071.209.4417.06N/A1.221.07
Dividend Payout Ratio
41.70%44.02%43.18%52.69%63.47%19.89%N/AN/AN/AN/AN/A19.89%