Madison County Financial
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
17.7716.7011.8119.0911.8012.6811.0011.209.6117.5417.7211.80
Price/Sales ratio
4.184.073.584.344.403.323.403.793.224.403.133.32
Price/Book Value ratio
0.850.840.800.940.900.930.900.950.810.610.690.93
Price/Cash Flow ratio
12.2013.299.0612.779.6412.469.9511.6714.7060.41N/A12.46
Price/Free Cash Flow ratio
12.6113.9010.5713.2310.03120.0618.4511.9214.9367.55N/A120.06
Price/Earnings Growth ratio
9.150.970.31-0.820.183.370.551.023.14-0.300.630.18
Dividend Yield
1.28%1.19%1.41%1.62%1.20%1.83%1.83%1.90%2.38%3.22%1.19%1.83%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%217.80%115.74%100%
Operating Profit Margin
31.21%33.14%40.94%41.94%44.26%32.39%38.53%41.56%40.05%33.53%25.49%32.39%
Pretax Profit Margin
31.21%33.14%40.94%41.94%44.26%31.41%37.54%40.62%39.03%24.76%15.10%31.41%
Net Profit Margin
23.56%24.39%30.30%22.76%37.30%26.18%30.89%33.82%33.53%25.07%14.66%26.18%
Effective Tax Rate
24.49%26.40%25.99%45.73%15.72%16.31%17.28%16.57%14.06%-1.25%2.90%16.31%
Return on Assets
0.94%0.95%1.27%0.89%1.35%1.31%1.48%1.38%1.28%0.52%0.61%1.31%
Return On Equity
4.83%5.04%6.81%4.97%7.63%7.35%8.21%8.47%8.47%3.48%3.97%7.35%
Return on Capital Employed
1.25%1.29%1.72%1.64%1.61%2.63%2.49%2.33%2.07%0.94%1.07%2.63%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
190304.16314.63251.63163.940.080.100.220.190.04N/A0.08
Cash ratio
53.7453.6150.3137.7623.560.030.050.030.040.04N/A0.03
Days of Sales Outstanding
123.45120.91117.90126.25130.60N/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
0.120.010.020.020.020.120.070.030.020.040.070.02
Debt Equity Ratio
0.640.090.130.120.110.680.420.230.140.300.490.11
Long-term Debt to Capitalization
0.390.080.120.100.100.080.200.150.120.230.330.10
Total Debt to Capitalization
0.390.080.120.100.100.400.290.190.120.230.330.10
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.100.690.630.600.800.100.210.340.380.03N/A0.10
Company Equity Multiplier
5.105.295.335.585.625.595.546.126.586.596.375.62
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.340.300.390.340.450.260.340.320.210.07N/A0.26
Free Cash Flow / Operating Cash Flow Ratio
0.960.950.850.960.960.100.530.970.980.89N/A0.10
Cash Flow Coverage Ratio
0.100.690.630.600.800.100.210.340.380.03N/A0.10
Short Term Coverage Ratio
N/AN/AN/AN/AN/A0.120.521.42N/AN/AN/A0.12
Dividend Payout Ratio
22.83%19.96%16.72%31.05%14.26%23.26%20.22%21.40%22.94%56.50%N/A23.26%