Vivid Seats
Financial ratios & Valuation

Historical Multiples (2019 – 2023)

2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-7.93-0.80-44.078.277.855.47-22.44
Price/Sales ratio
1.6119.101.900.970.820.311.43
Price/Book Value ratio
1.46-2.46-0.97-1.535.57-0.41-1.72
Price/Cash Flow ratio
9.89-19.773.8340.753.970.9522.29
Price/Free Cash Flow ratio
11.24-16.144.00-567.714.351.022.51
Price/Earnings Growth ratio
N/A-0.000.44-0.01-0.2018.640.22
Dividend Yield
1.06%0.01%2.09%N/AN/AN/A1.04%
Profitability Indicator Ratios
Gross Profit Margin
77.39%29.61%79.54%76.59%74.44%78.46%79.00%
Operating Profit Margin
-2.11%-405.33%17.28%13.01%11.40%13.32%15.30%
Pretax Profit Margin
-11.48%-2207.10%-4.24%11.52%9.95%7.81%-1105.67%
Net Profit Margin
-20.33%-2370.97%-4.31%11.79%10.45%5.81%-1187.64%
Effective Tax Rate
-77.06%-7.42%-1.61%-2.29%-59.48%0.26%-4.51%
Return on Assets
-6.36%-71.74%-1.35%6.14%4.80%2.75%-36.55%
Return On Equity
-18.39%306.00%2.22%-18.49%70.97%-8.94%-3.36%
Return on Capital Employed
-0.74%-17.17%8.40%10.09%7.65%9.62%-4.38%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A0.89N/A
Quick Ratio
0.721.201.200.840.460.771.02
Cash ratio
0.490.860.980.660.250.670.82
Days of Sales Outstanding
19.45366.8029.7622.2129.9426.4128.08
Days of Inventory outstanding
39.79110.3147.4233.2042.1042.7745.10
Operating Cycle
59.25477.1177.1855.4172.0549.2966.30
Days of Payables Outstanding
314.86927.93770.14419.04515.92500.86635.50
Cash Conversion Cycle
-255.61-450.82-692.96-363.62-443.86-463.90-578.43
Debt Ratios
Debt Ratio
0.400.750.320.240.170.590.54
Debt Equity Ratio
1.18-3.22-0.53-0.732.55-1.64-0.63
Long-term Debt to Capitalization
0.531.45-1.14-2.710.71-1.90-1.52
Total Debt to Capitalization
0.541.44-1.14-2.820.71-1.96-1.55
Interest Coverage Ratio
N/AN/AN/AN/AN/A1.87N/A
Cash Flow to Debt Ratio
0.12-0.030.470.050.540.650.21
Company Equity Multiplier
2.88-4.26-1.63-3.0014.76-2.77-2.20
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.16-0.960.490.020.200.330.41
Free Cash Flow / Operating Cash Flow Ratio
0.871.220.95-0.070.910.930.94
Cash Flow Coverage Ratio
0.12-0.030.470.050.540.650.21
Short Term Coverage Ratio
13.05-5.28N/A5.2237.4567.5933.79
Dividend Payout Ratio
-8.49%-0.01%-92.51%N/AN/AN/A-46.26%