Loyalty Ventures
Financial ratios & Valuation

Historical Multiples (2018 – 2020)

2018 2019 2020 TTM Median
Valuation Ratios
Price/Earnings ratio
6.2511.4411.46N/A11.45
Price/Sales ratio
0.800.831.12N/A0.97
Price/Book Value ratio
N/A0.900.78N/A0.84
Price/Cash Flow ratio
13.168.143.98N/A6.06
Price/Free Cash Flow ratio
28.8013.404.48N/A8.94
Price/Earnings Growth ratio
N/A-0.25-35.09N/A-0.12
Dividend Yield
0.79%N/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
22.85%17.96%23.16%25.17%20.40%
Operating Profit Margin
13.60%8.76%11.10%13.49%11.13%
Pretax Profit Margin
13.08%8.54%12.63%13.56%10.81%
Net Profit Margin
12.88%7.28%9.81%11.40%9.34%
Effective Tax Rate
-2.05%12.84%22.06%15.94%5.39%
Return on Assets
N/A3.19%3.05%1.43%3.12%
Return On Equity
N/A7.93%6.86%13.95%10.94%
Return on Capital Employed
N/A7.38%6.32%3.33%6.85%
Liquidity Ratios
Current Ratio
N/AN/AN/A1.19N/A
Quick Ratio
N/A0.971.130.401.05
Cash ratio
N/A0.110.250.170.14
Days of Sales Outstanding
N/A119.72129.12321.18220.45
Days of Inventory outstanding
N/A93.90102.05262.11178.00
Operating Cycle
N/A213.62231.18341.31277.46
Days of Payables Outstanding
N/A42.4946.47106.3474.41
Cash Conversion Cycle
N/A171.13184.70279.47225.30
Debt Ratios
Debt Ratio
N/A0.050.050.580.32
Debt Equity Ratio
N/A0.130.111.430.78
Long-term Debt to Capitalization
N/A0.110.090.100.10
Total Debt to Capitalization
N/A0.120.100.100.11
Interest Coverage Ratio
N/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/A0.811.69N/A1.25
Company Equity Multiplier
N/A2.482.242.432.45
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.060.100.28N/A0.19
Free Cash Flow / Operating Cash Flow Ratio
0.450.600.88N/A0.74
Cash Flow Coverage Ratio
N/A0.811.69N/A1.25
Short Term Coverage Ratio
N/A11.8621.75N/A16.81
Dividend Payout Ratio
4.95%N/AN/AN/AN/A