Southern Company (The) 2019 Ser
Financial ratios & Valuation

Historical Multiples (2013 – 2021)

2013 2014 2015 2016 2017 2018 2019 2020 2021 TTM Median
Valuation Ratios
Price/Earnings ratio
N/A26.7822.3321.8161.8124.3912.1217.7024.8819.6843.10
Price/Sales ratio
N/A2.943.112.732.362.322.692.722.482.302.34
Price/Book Value ratio
N/A2.582.552.132.222.182.071.962.041.802.20
Price/Cash Flow ratio
N/A9.358.6611.118.507.879.968.289.318.729.81
Price/Free Cash Flow ratio
N/A-335.76-48.60-22.51-52.91-51.79-32.47-74.47-53.6419.97-37.71
Price/Earnings Growth ratio
N/A1.431.128.32-0.950.150.10-0.51-0.94-0.84-0.89
Dividend Yield
N/A3.55%3.71%3.86%4.22%4.43%4.46%4.83%4.83%3.00%4.33%
Profitability Indicator Ratios
Gross Profit Margin
42.54%40.26%43.90%43.58%44.17%41.08%44.94%48.57%43.52%52.80%43.87%
Operating Profit Margin
19.04%19.72%24.48%23.26%11.07%17.83%36.11%23.97%19.52%17.13%14.10%
Pretax Profit Margin
14.97%16.28%20.75%17.49%4.63%11.70%30.54%17.15%11.14%13.43%9.03%
Net Profit Margin
10.00%10.99%13.92%12.53%3.82%9.54%22.19%15.38%9.99%11.72%8.17%
Effective Tax Rate
33.17%32.48%32.90%27.32%13.29%16.33%27.48%11.24%10.36%16.29%14.79%
Return on Assets
2.64%2.86%3.10%2.27%0.79%1.91%4.00%2.54%1.81%2.31%1.53%
Return On Equity
8.49%9.63%11.42%9.78%3.59%8.96%17.10%11.08%8.19%9.88%6.68%
Return on Capital Employed
5.51%5.87%6.18%4.78%2.61%4.08%7.28%4.40%3.86%3.71%3.16%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/A0.740.670.780.71N/A0.850.79
Quick Ratio
0.440.490.500.530.540.500.590.500.600.150.52
Cash ratio
0.110.070.150.150.150.090.150.080.160.150.12
Days of Sales Outstanding
38.8538.4842.7269.5264.1563.0558.0959.7446.77N/A63.60
Days of Inventory outstanding
85.4465.1571.7690.4674.5763.1273.9186.6665.8549.0768.85
Operating Cycle
124.29103.63114.48159.99138.72126.18132.00146.41112.6349.07132.45
Days of Payables Outstanding
51.1652.7170.8791.8687.3190.6079.1497.7460.6586.9688.96
Cash Conversion Cycle
73.1350.9243.6168.1351.4035.5852.8648.6651.97-74.8643.49
Debt Ratios
Debt Ratio
0.680.350.360.430.450.400.390.400.430.740.44
Debt Equity Ratio
2.201.181.341.862.071.871.681.741.962.951.96
Long-term Debt to Capitalization
0.510.490.530.620.640.610.600.610.640.610.63
Total Debt to Capitalization
0.530.540.570.650.670.650.620.630.660.620.66
Interest Coverage Ratio
N/AN/AN/AN/A0.631.493.072.64N/A2.341.48
Cash Flow to Debt Ratio
0.260.230.210.100.120.140.120.130.110.120.13
Company Equity Multiplier
3.203.363.674.304.534.674.274.344.523.964.60
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.350.310.350.240.270.290.260.320.260.260.28
Free Cash Flow / Operating Cash Flow Ratio
0.10-0.02-0.17-0.49-0.16-0.15-0.30-0.11-0.170.43-0.32
Cash Flow Coverage Ratio
0.260.230.210.100.120.140.120.130.110.120.13
Short Term Coverage Ratio
3.171.411.561.021.011.141.141.621.602.491.01
Dividend Payout Ratio
N/A95.22%82.87%84.39%261.36%108.16%54.05%85.67%120.26%59.16%184.76%