PPD
Financial ratios & Valuation

Historical Multiples (2016 – 2020)

2016 2017 2018 2019 2020 TTM Median
Valuation Ratios
Price/Earnings ratio
53.1232.9493.37212.9377.1945.62153.15
Price/Sales ratio
3.623.242.592.522.532.822.71
Price/Book Value ratio
N/A-6.53-6.39-3.77-15.89-39.14-5.08
Price/Cash Flow ratio
23.8327.1522.9723.5147.2029.1825.06
Price/Free Cash Flow ratio
30.6138.3931.6633.16134.8038.2635.03
Price/Earnings Growth ratio
N/A0.52-1.44-3.780.360.38-0.52
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
48.25%48.79%39.32%40.24%38.42%37.27%39.78%
Operating Profit Margin
11.72%8.70%10.72%10.38%10.88%11.13%9.71%
Pretax Profit Margin
6.22%0.54%3.91%1.47%4.00%7.31%2.23%
Net Profit Margin
6.83%9.86%2.77%1.18%3.28%6.19%4.48%
Effective Tax Rate
-9.56%-1726.63%26.99%4.98%10.02%18.50%22.74%
Return on Assets
N/A5.43%1.89%0.86%2.44%5.18%3.53%
Return On Equity
N/A-19.84%-6.84%-1.77%-20.58%-61.86%-4.30%
Return on Capital Employed
N/A6.86%10.88%12.13%12.68%15.47%8.87%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/A1.111.22N/A
Quick Ratio
N/A1.011.070.861.111.161.04
Cash ratio
N/A0.250.300.160.330.410.28
Days of Sales Outstanding
N/A140.19124.30122.60127.25129.38126.84
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/A140.19124.30122.60127.2531.90123.45
Days of Payables Outstanding
N/A22.9614.2819.7022.3217.9616.12
Cash Conversion Cycle
N/A117.22110.02102.89104.92111.42110.72
Debt Ratios
Debt Ratio
N/A0.870.861.000.701.060.87
Debt Equity Ratio
N/A-3.20-3.12-2.07-5.96-17.55-2.60
Long-term Debt to Capitalization
N/A1.451.471.921.201.101.69
Total Debt to Capitalization
N/A1.451.471.921.201.101.69
Interest Coverage Ratio
N/AN/AN/AN/A2.343.45N/A
Cash Flow to Debt Ratio
N/A0.070.080.070.050.120.08
Company Equity Multiplier
N/A-3.65-3.60-2.05-8.43-16.55-2.83
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.110.110.100.050.090.11
Free Cash Flow / Operating Cash Flow Ratio
0.770.700.720.700.350.760.71
Cash Flow Coverage Ratio
N/A0.070.080.070.050.120.08
Short Term Coverage Ratio
N/AN/AN/AN/A2.857.19N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A