Salvatore Ferragamo S.p.A.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
21.5020.2917.6132.0934.7818.51-19.2424.7619.1939.2963.6434.78
Price/Sales ratio
2.522.452.472.732.281.171.501.711.060.881.091.17
Price/Book Value ratio
7.226.215.135.274.072.111.982.541.771.420.832.11
Price/Cash Flow ratio
23.4217.7522.1013.6516.496.4615.625.175.008.714.326.46
Price/Free Cash Flow ratio
55.2929.8338.4918.8227.838.6623.575.876.3222.3716.0616.06
Price/Earnings Growth ratio
4.832.380.99-0.77-1.350.180.10-0.11-1.80-0.633.31-1.35
Dividend Yield
2.00%2.01%2.18%2.03%2.08%3.55%N/AN/A4.24%4.52%1.60%3.55%
Profitability Indicator Ratios
Gross Profit Margin
63.70%66.29%67.11%64.49%64.00%64.87%61.75%68.77%71.98%72.59%72.57%64.00%
Operating Profit Margin
18.42%18.50%18.13%13.35%11.12%10.86%-3.78%12.63%10.22%6.22%6.11%10.86%
Pretax Profit Margin
17.86%17.57%17.08%12.43%10.09%8.50%-8.71%10.79%8.08%3.94%2.42%8.50%
Net Profit Margin
11.75%12.07%14.04%8.51%6.56%6.33%-7.82%6.92%5.56%2.25%0.86%6.33%
Effective Tax Rate
31.29%30.60%19.25%34.07%33.64%25.41%10.18%29.59%35.39%42.44%59.71%33.64%
Return on Assets
15.66%15.37%16.89%10.03%7.44%4.73%-4.18%4.25%4.04%1.43%0.53%4.73%
Return On Equity
33.58%30.63%29.14%16.42%11.72%11.42%-10.33%10.28%9.25%3.61%1.30%11.42%
Return on Capital Employed
40.82%37.21%31.91%21.73%16.82%10.78%-2.57%10.35%9.87%5.24%5.01%10.78%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.80N/A
Quick Ratio
0.740.881.041.391.410.931.361.481.351.111.050.93
Cash ratio
0.240.340.300.640.690.480.891.100.920.610.560.48
Days of Sales Outstanding
43.6645.1548.7042.2141.7641.4547.8740.1832.0938.6435.9041.45
Days of Inventory outstanding
255.63265.92289.26240.14273.22293.89355.98282.63286.55343.69386.84273.22
Operating Cycle
299.29311.07337.97282.36314.99335.35403.86322.82318.64382.34422.75314.99
Days of Payables Outstanding
141.09152.40138.31149.00157.12148.98139.72186.06179.63198.14163.17157.12
Cash Conversion Cycle
158.19158.67199.66133.35157.87186.37264.13136.76139.01184.19259.57157.87
Debt Ratios
Debt Ratio
0.140.130.100.060.030.020.110.070.010.040.060.03
Debt Equity Ratio
0.310.260.180.110.040.060.270.180.040.110.140.04
Long-term Debt to Capitalization
0.040.030.000.020.02N/A0.150.07N/AN/AN/AN/A
Total Debt to Capitalization
0.230.210.150.100.040.060.210.150.030.090.120.04
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.971.291.283.425.054.940.462.698.791.461.304.94
Company Equity Multiplier
2.141.991.721.631.572.412.472.412.282.512.451.57
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.100.130.110.200.130.180.090.330.210.100.120.18
Free Cash Flow / Operating Cash Flow Ratio
0.420.590.570.720.590.740.660.880.790.380.530.74
Cash Flow Coverage Ratio
0.971.291.283.425.054.940.462.698.791.461.304.94
Short Term Coverage Ratio
1.141.531.284.198.894.941.464.948.791.461.304.94
Dividend Payout Ratio
43.02%40.94%38.44%65.44%72.58%65.73%N/AN/A81.50%177.85%177.37%72.58%