SGS SA
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
11.0210.109.688.39
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$0.92$1.00$1.05$1.21

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
24.7526.5128.7730.8626.153.014.143.762.712.403.083.01
Price/Sales ratio
2.642.542.613.012.500.300.350.360.240.202.532.50
Price/Book Value ratio
6.697.638.819.9810.081.311.872.062.342.902.822.82
Price/Cash Flow ratio
17.0715.1815.4019.4115.661.731.671.971.551.181.511.73
Price/Free Cash Flow ratio
25.6522.1221.5527.8121.842.312.142.772.271.6119.5419.54
Price/Earnings Growth ratio
3.83-2.18N/A2.238.630.00-0.150.13-0.80-0.44-0.430.00
Dividend Yield
3.20%3.58%3.30%2.75%3.40%29.62%30.05%25.94%37.49%44.27%3.98%3.40%
Profitability Indicator Ratios
Gross Profit Margin
93.86%93.96%93.85%93.79%94.22%94.15%93.71%93.98%93.99%43.76%39.27%94.15%
Operating Profit Margin
15.99%14.39%13.63%14.08%14.10%16.39%14.18%15.25%13.52%12.94%12.78%16.39%
Pretax Profit Margin
15.29%13.63%12.88%13.40%13.54%15.40%13.24%14.42%12.78%12.11%11.91%15.40%
Net Profit Margin
10.69%9.61%9.07%9.78%9.58%10%8.56%9.57%8.85%8.35%8.21%10%
Effective Tax Rate
26%25.03%23.99%21.97%24.00%30.97%31.94%29.11%25.79%25.56%25.53%24.00%
Return on Assets
10.90%9.31%10.15%10.44%10.59%10.43%6.94%8.74%8.25%8.17%7.94%10.43%
Return On Equity
27.03%28.80%30.62%32.36%38.54%43.59%45.28%54.87%86.21%120.47%103.68%38.54%
Return on Capital Employed
21.27%18.13%21.13%20.49%23.11%23.78%18.61%20.19%21.07%20.49%19.27%23.78%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.22N/A
Quick Ratio
2.232.331.681.881.641.641.151.331.101.191.201.64
Cash ratio
0.991.090.650.870.880.820.660.680.560.600.520.82
Days of Sales Outstanding
79.4170.5472.2078.2465.0463.4866.1762.8565.8364.1069.4165.04
Days of Inventory outstanding
119.30106.85102.16140.8143.3842.5559.1055.9353.975.585.0442.55
Operating Cycle
198.72177.40174.36219.05108.42106.03125.27118.79119.8069.6974.45106.03
Days of Payables Outstanding
194.12239.10297.55318.68646.05317.72333.89348.88329.3232.8360.08317.72
Cash Conversion Cycle
4.59-61.70-123.18-99.62-537.63-211.68-208.61-230.09-209.5136.8514.37-537.63
Debt Ratios
Debt Ratio
0.290.450.320.350.410.350.470.450.530.570.540.41
Debt Equity Ratio
0.721.420.961.081.491.473.062.835.638.456.241.49
Long-term Debt to Capitalization
0.410.530.490.520.550.590.690.720.800.860.830.55
Total Debt to Capitalization
0.420.580.490.520.590.590.750.730.840.890.860.59
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A8.88N/A
Cash Flow to Debt Ratio
0.540.350.580.470.430.510.360.360.260.280.290.51
Company Equity Multiplier
2.473.093.013.093.634.176.516.2710.4414.7211.533.63
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.150.160.160.150.160.170.210.180.150.160.160.16
Free Cash Flow / Operating Cash Flow Ratio
0.660.680.710.690.710.740.780.710.680.730.770.71
Cash Flow Coverage Ratio
0.540.350.580.470.430.510.360.360.260.280.290.51
Short Term Coverage Ratio
571.941.01K9872.8430.231.374.141.021.331.6830.23
Dividend Payout Ratio
79.33%95.08%95.21%85.02%89.11%89.24%124.58%97.71%101.87%106.69%37.77%89.24%