Seritage Growth Properties
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-259.86-56.51-26.02-18.53-15.64-16.10-3.67-14.43-4.89-3.39N/A-15.64
Price/Sales ratio
4.1611.155.395.675.358.654.824.825.4925.52N/A5.35
Price/Book Value ratio
N/A1.421.661.541.471.990.860.810.810.93N/A1.47
Price/Cash Flow ratio
N/A58.9014.5119.6220.94-25.31-11.88-4.13-4.98-9.90N/A20.94
Price/Free Cash Flow ratio
N/A121.0051.15-7.8820.945.98-6.31-1.46-0.85-0.66N/A20.94
Price/Earnings Growth ratio
N/A-0.14-0.19-0.563.10-0.79-0.060.18-0.03-0.19N/A3.10
Dividend Yield
N/AN/A2.93%2.50%3.45%1.56%0.87%0.87%0.83%0.93%7.77%3.45%
Profitability Indicator Ratios
Gross Profit Margin
64.82%16.76%73.78%72.88%66.86%52.13%33.10%31.21%38.61%-33.19%N/A66.86%
Operating Profit Margin
21.56%7.97%-12.24%-47.53%-55.00%-39.72%-73.68%-48.56%-76.35%-267.14%N/A-55.00%
Pretax Profit Margin
-2.91%-33.44%-36.39%-50.01%-53.34%-53.61%-131.08%-33.24%-111.74%-752.57%N/A-53.34%
Net Profit Margin
-1.60%-19.73%-20.73%-30.60%-34.21%-53.72%-131.30%-33.41%-112.18%-752.76%N/A-34.21%
Effective Tax Rate
44.99%-2.49%-0.55%-0.22%-0.28%-0.21%-0.16%-0.50%-0.38%-0.02%N/A-0.28%
Return on Assets
N/A-0.78%-1.90%-2.65%-2.55%-3.29%-5.77%-1.61%-6.52%-15.90%N/A-2.55%
Return On Equity
N/A-2.51%-6.40%-8.31%-9.41%-12.38%-23.56%-5.66%-16.66%-27.56%N/A-9.41%
Return on Capital Employed
N/A0.32%-1.16%-4.25%-4.26%-2.50%-3.39%-2.43%-4.64%-5.90%N/A-4.26%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A7.99N/A
Quick Ratio
N/A2.352.005.775.572.651.681.737.973.36N/A5.57
Cash ratio
N/A0.780.582.985.111.751.161.211.623.08N/A5.11
Days of Sales Outstanding
N/A31.5134.0146.6262.76117.89145.9191.06141.47217.20N/A62.76
Days of Inventory outstanding
N/A-74.89-55.52-76.0610.01N/A0.000.000.00N/AN/A10.01
Operating Cycle
N/A-43.37-21.51-29.4372.77117.89145.9191.06141.47217.20N/A72.77
Days of Payables Outstanding
N/A53.4489.8953.54143.97155.45209.71163.81141.36562.65N/A143.97
Cash Conversion Cycle
N/A-96.82-111.40-82.98-71.19-37.56-63.80-72.740.10-345.45N/A-71.19
Debt Ratios
Debt Ratio
N/A0.400.430.480.550.580.600.590.560.36N/A0.55
Debt Equity Ratio
N/A1.281.451.512.042.182.462.091.430.64N/A2.04
Long-term Debt to Capitalization
N/A0.560.590.600.670.680.710.670.580.39N/A0.67
Total Debt to Capitalization
N/A0.560.590.600.670.680.710.670.580.39N/A0.67
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-1.18N/A
Cash Flow to Debt Ratio
N/A0.010.070.050.03-0.03-0.02-0.09-0.11-0.14N/A0.03
Company Equity Multiplier
N/A3.193.373.133.683.764.083.512.551.73N/A3.68
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/A0.180.370.280.25-0.34-0.40-1.16-1.10-2.57N/A0.25
Free Cash Flow / Operating Cash Flow Ratio
N/A0.480.28-2.491-4.221.882.825.8614.81N/A1
Cash Flow Coverage Ratio
N/A0.010.070.050.03-0.03-0.02-0.09-0.11-0.14N/A0.03
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/A-76.32%-46.43%-54.03%-25.23%-3.20%-12.56%-4.08%-3.16%-4.25%-54.03%