Light & Wonder
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
17.1714.2810.59
Price/Sales ratio
N/AN/AN/A
Earnings per Share (EPS)
$5.30$6.37$8.60

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-4.59-0.55-3.45-18.83-4.61-21.09-7.16267.32-31.5445.841.65-4.61
Price/Sales ratio
0.600.270.421.480.480.731.442.972.212.572.190.48
Price/Book Value ratio
276.09-0.51-0.63-2.25-0.66-1.18-1.55-3.044.789.765.65-0.66
Price/Cash Flow ratio
5.291.862.919.004.694.558.339.36-14.5712.66-47.864.55
Price/Free Cash Flow ratio
-30.948.508.3621.38-36.389.5313.9612.48-9.2921.47-16.81-36.38
Price/Earnings Growth ratio
-0.00-0.000.040.57-0.100.31-0.02-2.560.03-0.23-0.03-0.10
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
52.45%59.97%61.63%62.23%62.67%62.23%57.41%71.71%70.62%69.95%70.62%62.67%
Operating Profit Margin
-9.66%-37.13%4.52%12.74%7.89%16.05%2.93%16.30%10.86%17.84%17.28%7.89%
Pretax Profit Margin
-27.70%-61.41%-16.60%-7.38%-10.08%-3.17%-19.97%-13.65%-6.48%7.06%-6.32%-10.08%
Net Profit Margin
-13.11%-50.54%-12.26%-7.85%-10.47%-3.47%-20.11%1.11%-7.00%5.61%132.63%-10.47%
Effective Tax Rate
52.65%17.70%26.11%-6.36%-3.86%-9.25%-0.73%108.16%-7.97%12.19%-8.69%-9.25%
Return on Assets
-2.34%-18.03%-4.99%-3.13%-4.56%-1.51%-6.86%0.30%-2.92%2.93%56.19%-4.56%
Return On Equity
-6007.69%93.23%18.27%11.95%14.30%5.59%21.71%-1.13%-15.15%21.30%2690.83%14.30%
Return on Capital Employed
-1.84%-14.47%2.04%5.62%3.81%7.75%1.11%5.08%5.06%10.66%8.16%3.81%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.72N/A
Quick Ratio
1.731.411.262.201.541.782.381.672.461.622.201.54
Cash ratio
0.260.190.161.060.220.401.210.601.460.611.460.22
Days of Sales Outstanding
134.2586.6378.5381.0177.3869.6758.6871.7166.1166.6665.2269.67
Days of Inventory outstanding
114.1382.1579.9476.1962.6869.3660.0958.7379.6274.0878.5662.68
Operating Cycle
248.39168.78158.47157.20140.06139.03118.78130.44145.74140.7494.64139.03
Days of Payables Outstanding
66.9452.8262.3259.6765.4564.2447.19122.2676.16100.8775.1465.45
Cash Conversion Cycle
181.44115.9596.1597.5274.6174.7871.598.1869.5739.879.4574.78
Debt Ratios
Debt Ratio
0.831.061.131.131.171.131.161.100.650.690.801.13
Debt Equity Ratio
2.13K-5.48-4.17-4.32-3.66-4.18-3.68-4.143.385.064.89-3.66
Long-term Debt to Capitalization
0.991.221.311.301.371.311.371.320.770.830.791.31
Total Debt to Capitalization
0.991.221.311.301.371.311.371.310.770.830.791.31
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.32N/A
Cash Flow to Debt Ratio
0.020.050.050.050.030.060.050.07-0.090.15-0.020.06
Company Equity Multiplier
2.56K-5.17-3.66-3.81-3.13-3.70-3.16-3.745.177.256.06-3.13
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.150.140.160.100.160.170.31-0.150.20-0.040.16
Free Cash Flow / Operating Cash Flow Ratio
-0.170.210.340.42-0.120.470.590.751.560.582.84-0.12
Cash Flow Coverage Ratio
0.020.050.050.050.030.060.050.07-0.090.15-0.020.06
Short Term Coverage Ratio
4.028.238.4912.587.6912.1310.7015.56-15.8726.81-2.8512.13
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A