Taoping
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-4.27-7.99-1.5972.6229.09-6.51-1.14-2.46-17.39-3.96-0.05-0.05
Price/Sales ratio
1.835.832.843.422.391.691.890.980.410.070.021.69
Price/Book Value ratio
5.962.857.8111.585.964.44-2.731.271.050.210.044.44
Price/Cash Flow ratio
-9.89-2.31-10.2613.7319.90-13.91-11.74-1.51-1.12-1.19-0.26-0.26
Price/Free Cash Flow ratio
-7.70-2.06-4.6082.3572.80-7.08-6.06-0.89-0.93-0.78-0.13-0.13
Price/Earnings Growth ratio
0.050.10-0.01-0.690.310.02-0.000.030.18N/A0.020.02
Dividend Yield
N/A0.90%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
32.96%37.95%25.37%45.75%46.91%47.87%35.64%37.60%29.83%22.91%46.14%47.87%
Operating Profit Margin
-43.95%-262.16%-143.01%-2.47%0.82%-27.12%-151.95%-34.34%0.18%-0.51%-50.39%-27.12%
Pretax Profit Margin
-50.09%-42.68%-181.15%-0.72%3.29%-28.05%-166.34%-39.92%-2.11%-0.58%-49.09%-28.05%
Net Profit Margin
-42.88%-72.96%-178.25%4.72%8.22%-26.06%-165.70%-39.94%-2.40%-1.80%-46.14%-26.06%
Effective Tax Rate
12.85%-98.07%-0.31%816.84%-177.28%7.09%0.38%-0.05%-13.63%-3.55%4.08%-177.28%
Return on Assets
-16.29%-11.35%-52.99%2.28%4.06%-8.84%-59.56%-21.04%-1.99%-2.12%-33.54%-8.84%
Return On Equity
-139.64%-35.65%-490.01%15.94%20.49%-68.23%239.16%-51.55%-6.05%-5.46%-128.75%-68.23%
Return on Capital Employed
-76.64%-88.25%-112.98%-3.08%0.95%-25.60%-1722.03%-43.06%0.45%-1.54%-83.32%-25.60%
Liquidity Ratios
Current Ratio
0.600.950.730.931.200.730.41N/AN/AN/A0.760.73
Quick Ratio
0.560.810.660.901.170.720.400.750.971.190.430.72
Cash ratio
0.070.100.170.140.060.050.020.160.050.060.030.05
Days of Sales Outstanding
49.45112.86224.91203.48311.13372.01237.00104.44139.9682.13112.49372.01
Days of Inventory outstanding
43.28122.4670.9023.3623.1715.3813.0512.767.6415.3241.2323.17
Operating Cycle
92.73235.32295.81226.85334.31387.39250.06117.21147.6197.4668.96387.39
Days of Payables Outstanding
265.01397.14287.55253.17393.15642.35765.31197.3149.0910.20113.05642.35
Cash Conversion Cycle
-172.27-161.818.25-26.32-58.84-254.96-515.24-80.1098.5187.259.60-58.84
Debt Ratios
Debt Ratio
0.290.230.220.200.140.180.240.160.240.270.570.14
Debt Equity Ratio
2.520.732.101.450.731.42-0.960.400.740.701.330.73
Long-term Debt to Capitalization
0.01N/AN/AN/AN/AN/AN/AN/AN/AN/A0.02N/A
Total Debt to Capitalization
0.710.420.670.590.420.58-27.010.280.420.410.320.58
Interest Coverage Ratio
-3.62-8.65-30.37-1.000.34-8.34-16.51N/AN/AN/A18.090.34
Cash Flow to Debt Ratio
-0.23-1.68-0.360.580.40-0.22-0.24-2.07-1.25-0.25-0.34-0.22
Company Equity Multiplier
8.573.149.246.995.047.71-4.012.443.032.572.337.71
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.18-2.51-0.270.240.12-0.12-0.16-0.64-0.37-0.06-0.09-0.09
Free Cash Flow / Operating Cash Flow Ratio
1.281.112.220.160.271.961.931.691.191.521.890.27
Cash Flow Coverage Ratio
-0.23-1.68-0.360.580.40-0.22-0.24-2.07-1.25-0.25-0.34-0.22
Short Term Coverage Ratio
-0.23-1.68-0.360.580.40-0.22-0.24-2.07-1.25-0.25-0.36-0.22
Dividend Payout Ratio
N/A-7.23%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A