Pigeon
Financial ratios & Valuation

Historical Multiples (2012 – 2023)

2012 2016 2017 2019 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
26.9328.6932.2734.799.5312.177.757.476.296.5110.85
Price/Sales ratio
1.443.173.794.721.101.300.730.670.491.711.40
Price/Book Value ratio
3.125.906.847.711.771.850.920.830.600.511.81
Price/Cash Flow ratio
20.3521.7024.2236.338.517.046.254.853.218.178.34
Price/Free Cash Flow ratio
32.0828.9529.4660.1011.918.8913.638.395.2632.7136.00
Price/Earnings Growth ratio
8.641.383.57-18.170.03-0.79-0.44-3.21-0.460.030.03
Dividend Yield
2.05%1.63%1.56%N/A6.85%6.57%12.82%13.98%19.50%0.01%6.71%
Profitability Indicator Ratios
Gross Profit Margin
41.08%47.00%47.22%51.42%50.79%50.23%47.34%47.23%48.11%48.24%50.51%
Operating Profit Margin
8.51%15.74%16.92%18.72%17.07%15.41%14.32%12.84%11.35%10.26%16.24%
Pretax Profit Margin
7.98%16.14%17.15%19.34%17.10%15.93%14.53%13.84%11.80%10.41%16.51%
Net Profit Margin
5.37%11.05%11.74%13.59%11.53%10.71%9.43%9.04%7.85%6.57%11.12%
Effective Tax Rate
30.74%29.71%30.12%27.96%31.19%31.42%33.64%33.33%32.20%35.48%29.58%
Return on Assets
7.27%13.79%14.09%16.55%13.91%11.38%8.96%8.43%7.39%5.93%12.64%
Return On Equity
11.60%20.57%21.22%22.16%18.58%15.22%11.89%11.18%9.56%8.15%16.90%
Return on Capital Employed
16.06%24.31%27.84%27.86%24.88%19.68%16.07%14.15%12.34%11.00%22.28%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A4.28N/A
Quick Ratio
0.582.812.223.093.243.433.553.333.783.443.16
Cash ratio
0.581.701.401.982.072.372.332.202.532.052.22
Days of Sales Outstanding
N/A54.7662.0157.5254.7754.7562.9760.5554.7478.6956.14
Days of Inventory outstanding
72.4966.1755.5676.0676.2283.9594.62111.61100.79104.2776.14
Operating Cycle
72.49120.94117.57133.58130.99138.70157.59172.17155.53182.97132.29
Days of Payables Outstanding
68.1727.9535.4932.7633.3135.1130.4336.9127.1339.4033.03
Cash Conversion Cycle
4.3192.9882.07100.8297.67103.59127.15135.26128.40143.5699.25
Debt Ratios
Debt Ratio
0.360.080.07N/A0.000.00N/AN/A0.00N/A0.00
Debt Equity Ratio
0.570.120.10N/A0.000.00N/AN/A0.00N/A0.00
Long-term Debt to Capitalization
0.050.09N/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.150.110.09N/A0.000.00N/AN/A0.00N/A0.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A122.40N/A
Cash Flow to Debt Ratio
0.852.132.59N/A30.0548.80N/AN/A191.09N/A39.43
Company Equity Multiplier
1.591.491.501.331.331.331.321.321.291.321.33
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.140.150.130.120.180.110.130.150.050.15
Free Cash Flow / Operating Cash Flow Ratio
0.630.740.820.600.710.790.450.570.6110.65
Cash Flow Coverage Ratio
0.852.132.59N/A30.0548.80N/AN/A191.09N/A39.43
Short Term Coverage Ratio
1.2910.302.59N/A30.0548.80N/AN/A191.09N/A39.43
Dividend Payout Ratio
55.24%46.96%50.56%N/A65.37%80.02%99.49%104.57%122.71%N/A72.70%