Marin Software Incorporated
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-8.72-3.92-5.46-1.96-0.73-0.70-1.05-3.68-0.87-0.29-0.80-0.70
Price/Sales ratio
2.911.200.900.820.520.170.491.950.790.360.730.52
Price/Book Value ratio
2.721.391.020.981.060.410.931.030.480.470.440.41
Price/Cash Flow ratio
-11.86-18.4815.74-12.67-2.36-7.11-2.61-6.00-0.87-0.44-0.81-2.36
Price/Free Cash Flow ratio
-8.80-6.16-450.09-8.34-1.95-2.25-1.96-5.15-0.79-0.39-0.73-1.95
Price/Earnings Growth ratio
0.300.630.10-0.02-0.020.000.510.07-0.06-0.030.05-0.02
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
64.15%63.01%64.75%56.63%53.68%53.41%40.14%47.23%36.08%34.38%36.08%53.41%
Operating Profit Margin
-34.20%-29.89%-15.96%-40.36%-72.06%-36.57%-54.34%-57.58%-109.90%-128.62%-109.90%-36.57%
Pretax Profit Margin
-34.85%-29.80%-15.09%-40.65%-69.34%-25.54%-49.23%-53.55%-89.52%-124.45%-89.52%-25.54%
Net Profit Margin
-33.38%-30.72%-16.50%-41.99%-71.06%-25.30%-46.86%-53.00%-91.04%-123.60%-91.04%-25.30%
Effective Tax Rate
4.20%-3.10%-9.31%-3.30%-2.48%0.95%4.81%1.02%-1.70%0.67%-1.70%-2.48%
Return on Assets
-25.87%-28.70%-15.38%-37.77%-89.04%-29.33%-37.96%-21.63%-43.31%-113.47%-43.31%-89.04%
Return On Equity
-31.25%-35.42%-18.81%-50.15%-143.95%-58.91%-88.84%-27.98%-55.71%-160.69%-47.36%-143.95%
Return on Capital Employed
-31.52%-32.29%-16.87%-44.09%-127.89%-64.46%-78.05%-29.02%-61.25%-151.69%-61.25%-127.89%
Liquidity Ratios
Current Ratio
4.494.024.623.062.171.691.42N/AN/AN/A5.592.17
Quick Ratio
4.494.024.623.062.111.691.424.745.593.915.262.11
Cash ratio
3.342.372.731.870.740.760.884.114.532.654.530.74
Days of Sales Outstanding
68.7973.0468.5659.5680.3466.5361.6369.2482.4279.5482.4280.34
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
68.7973.0468.5659.5680.3466.5361.6369.2482.4279.5420.3266.53
Days of Payables Outstanding
38.2946.6245.0931.7136.2726.8218.8727.6128.8420.8328.8428.84
Cash Conversion Cycle
30.4926.4123.4627.8444.0639.7042.7641.6253.5858.7153.5844.06
Debt Ratios
Debt Ratio
0.020.020.03N/AN/AN/A0.080.050.030.070.22N/A
Debt Equity Ratio
0.030.030.03N/AN/AN/A0.200.070.050.110.28N/A
Long-term Debt to Capitalization
0.000.010.02N/AN/AN/A0.080.02N/AN/A0.06N/A
Total Debt to Capitalization
0.020.030.03N/AN/AN/A0.170.060.040.100.10N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
-7.60-2.401.68N/AN/AN/A-1.70-2.39-11.02-9.60-4.71N/A
Company Equity Multiplier
1.201.231.221.321.612.002.341.291.281.411.282.00
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.24-0.060.05-0.06-0.22-0.02-0.18-0.32-0.90-0.82-0.90-0.02
Free Cash Flow / Operating Cash Flow Ratio
1.342.99-0.031.511.203.151.331.161.091.121.093.15
Cash Flow Coverage Ratio
-7.60-2.401.68N/AN/AN/A-1.70-2.39-11.02-9.60-4.71N/A
Short Term Coverage Ratio
-9.42-5.115.63N/AN/AN/A-3.06-3.56-11.02-9.60-11.02N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A