Reaves Utilities and Energy Infrastruct Fund Insti Shares
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
4.73-19.939.576.48-68.267.68758.695.5319.46-5.94-7.11-68.26
Price/Sales ratio
10.549.1611.5110.2210.1110.5118.0420.7916.8612.825.5010.51
Price/Book Value ratio
0.850.780.900.780.830.830.830.900.770.790.950.83
Price/Cash Flow ratio
13.0414.3913.0511.984.0312.0412.6222.6030.999.5311.414.03
Price/Free Cash Flow ratio
13.0414.3913.0511.984.0312.0412.6222.6030.999.534.094.03
Price/Earnings Growth ratio
0.060.16-0.020.180.62-0.00-7.650.00-0.250.010.220.22
Dividend Yield
7.63%9.12%7.69%8.37%N/A8.19%9.19%7.04%8.79%10.48%0.54%8.19%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
89.11%87.22%87.77%88.35%87.93%87.41%79.44%80.02%79.82%82.24%82.24%87.41%
Pretax Profit Margin
222.80%-45.97%120.23%157.60%-14.82%136.92%2.37%375.58%86.65%-215.61%-215.61%136.92%
Net Profit Margin
222.80%-45.97%120.23%157.60%-14.82%136.92%2.37%375.58%86.65%-215.61%-215.61%136.92%
Effective Tax Rate
60.00%289.75%27.00%43.93%693.28%36.15%-3239.63%78.69%-2.51%0.45%0.45%36.15%
Return on Assets
15.24%-3.29%7.91%8.49%-1.02%8.72%0.09%13.41%3.16%-10.16%-10.16%8.72%
Return On Equity
18.00%-3.95%9.46%12.10%-1.22%10.88%0.11%16.28%3.98%-13.36%-12.06%10.88%
Return on Capital Employed
7.20%7.50%6.90%6.09%7.25%6.94%3.69%3.46%3.67%5.09%5.09%6.94%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.05N/A
Quick Ratio
0.140.060.060.480.110.170.060.070.050.050.050.17
Cash ratio
0.080.000.00N/A0.050.040.000.00N/A0.000.000.04
Days of Sales Outstanding
44.2255.2258.09709.1351.38151.9688.71116.20106.0796.2296.2251.38
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/A96.22N/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/A96.22N/A
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.181.201.191.421.191.241.201.211.261.311.311.19
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.800.630.880.852.500.871.430.910.541.341.341.34
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
36.14%-181.94%73.71%54.33%N/A62.96%6974.40%38.97%171.30%-62.35%-62.35%62.96%