iStar
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-12.30-8.06-70.837.47-15.040.36-4.5313.94-0.05-31.50-6.92-15.04
Price/Sales ratio
1.951.561.550.920.600.240.260.740.074.913.690.60
Price/Book Value ratio
0.750.730.690.710.560.110.160.270.000.770.740.56
Price/Cash Flow ratio
-87.40-12.9535.377.79-20.11-2.566.39-11.370.24112.5222.31-20.11
Price/Free Cash Flow ratio
-5.90-3.38-4.60-7.98-2.27-0.57-4.01-4.530.47112.5214.00-2.27
Price/Earnings Growth ratio
0.35-0.250.80-0.000.10-0.000.04-0.080.000.310.070.07
Dividend Yield
N/AN/AN/AN/AN/A49.20%40.09%25.20%457.94%N/A7.48%49.20%
Profitability Indicator Ratios
Gross Profit Margin
61.85%56.87%56.16%51.62%38.67%19.49%20.93%-8.01%-34.83%98.68%1.51%19.49%
Operating Profit Margin
27.08%23.65%33.11%30.70%17.65%-92.96%-8.49%-58.66%-4.50%20.21%16.40%16.40%
Pretax Profit Margin
-15.20%-21.65%-7.37%-6.05%-2.19%69.81%-5.76%5.33%-124.45%-14.98%-92.99%69.81%
Net Profit Margin
-15.90%-19.40%-2.19%12.31%-4.04%67.57%-5.81%5.37%-124.81%-15.59%-112.71%67.57%
Effective Tax Rate
-5.56%-7.11%30.30%2.30%-4.65%0.13%-0.76%-0.71%-0.28%3.25%-21.23%0.13%
Return on Assets
-1.34%-1.71%-0.20%1.76%-0.64%6.37%-0.63%0.34%-6.06%-5.94%-3.66%6.37%
Return On Equity
-6.13%-9.08%-0.98%9.50%-3.73%31.14%-3.54%1.94%-14.00%-2.46%-13.44%31.14%
Return on Capital Employed
2.34%2.13%3.20%4.55%2.89%-8.95%-0.95%-7.65%-0.37%9.57%0.54%0.54%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A19.29N/A
Quick Ratio
17.3520.5815.5613.9914.4513.939.661.261.149.1118.9214.45
Cash ratio
3.905.732.594.356.672.800.770.131.060.100.222.80
Days of Sales Outstanding
1.04K1.23K1.23K734.23467.36894.26741.04308.85124.171.67K3.03K467.36
Days of Inventory outstanding
N/AN/AN/AN/AN/A8.174.530.326.81N/A2.738.17
Operating Cycle
1.04K1.23K1.23K734.23467.36902.44745.57309.18130.981.67K751.31467.36
Days of Payables Outstanding
374.67N/A387.02264.42N/AN/AN/A-3.45245.74N/AN/AN/A
Cash Conversion Cycle
666.461.23K843.47469.81467.36902.44745.57312.64-114.751.67K3.03K467.36
Debt Ratios
Debt Ratio
0.710.760.710.730.720.680.700.510.49N/A0.650.68
Debt Equity Ratio
3.274.053.393.964.203.363.932.931.13N/A1.803.36
Long-term Debt to Capitalization
0.770.800.770.800.800.770.790.570.19N/A0.640.77
Total Debt to Capitalization
0.760.800.770.790.800.770.790.740.53N/A0.640.77
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.41N/A
Cash Flow to Debt Ratio
-0.00-0.010.000.02-0.00-0.010.00-0.000.02N/A0.01-0.00
Company Equity Multiplier
4.565.304.745.375.814.885.585.682.300.412.924.88
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.02-0.120.040.11-0.03-0.090.04-0.060.300.040.34-0.03
Free Cash Flow / Operating Cash Flow Ratio
14.803.83-7.67-0.978.834.45-1.592.500.5110.754.45
Cash Flow Coverage Ratio
-0.00-0.010.000.02-0.00-0.010.00-0.000.02N/A0.01-0.00
Short Term Coverage Ratio
0.10N/A-0.20-0.92N/AN/AN/A-0.010.03N/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/A17.76%-182.02%351.62%-27.23%N/A-26.48%17.76%