Technical Communications
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-3.06-2.90-1.97-6.8580.017.32-6.48-5.08-0.90-0.71-0.727.32
Price/Sales ratio
1.280.891.932.321.580.651.432.921.350.691.851.58
Price/Book Value ratio
0.860.710.992.802.332.084.3215.82-0.91-0.33-0.662.08
Price/Cash Flow ratio
33.61-2.66-5.11-5.6222.13-12.40-8.42-2.01-0.77-1.23-0.97-0.97
Price/Free Cash Flow ratio
113.54-2.62-4.95-5.6125.01-11.89-8.38-2.01-0.76-1.23-0.97-0.97
Price/Earnings Growth ratio
-0.010.10-0.050.16-0.740.010.02-0.27-0.010.050.00-0.74
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
66.86%56.62%20.18%54.43%48.88%47.80%58.04%29.84%1.07%32.18%-7.90%47.80%
Operating Profit Margin
-26.14%-31.55%-118.47%-34.16%1.79%8.79%-22.17%-57.23%-168.78%-83.11%-290.16%8.79%
Pretax Profit Margin
-25.65%-31.25%-96.27%-33.95%-27.88%8.79%-22.16%-57.23%-178.76%-97.80%-256.12%8.79%
Net Profit Margin
-41.78%-30.66%-97.97%-33.95%1.97%8.98%-22.15%-57.53%-149.18%-97.80%-256.12%8.98%
Effective Tax Rate
-62.85%1.88%-1.77%6.94%-0.67%-2.30%0.05%-0.53%16.55%-0.00%N/A-0.67%
Return on Assets
-26.14%-22.72%-45.18%-36.31%2.55%21.64%-27.73%-46.33%-99.70%-72.03%-134.08%21.64%
Return On Equity
-28.28%-24.71%-50.30%-40.82%2.91%28.44%-66.70%-311.21%100.53%47.03%145.25%2.91%
Return on Capital Employed
-17.69%-25.43%-60.82%-41.08%2.63%27.83%-47.43%-143.74%129.31%254.88%112.64%2.63%
Liquidity Ratios
Current Ratio
11.1710.458.888.931.574.121.98N/AN/AN/A0.374.12
Quick Ratio
7.497.575.935.85.362.631.320.470.190.450.122.63
Cash ratio
4.333.544.642.953.962.281.110.180.000.010.012.28
Days of Sales Outstanding
23.96110.0016.1863.3238.486.5411.9454.924.24257.87181.4638.48
Days of Inventory outstanding
488.29262.15297.99258.44184.20103.74191.01322.61273.32287.68328.16184.20
Operating Cycle
512.26372.16314.17321.76222.68110.28202.96377.54277.57545.55372.90222.68
Days of Payables Outstanding
31.1425.4321.5820.7825.2835.3614.0029.4645.09313.3686.8225.28
Cash Conversion Cycle
481.11346.73292.59300.97197.3974.92188.95348.07232.47232.18175.5574.92
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/A0.040.491.611.802.44N/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/A0.103.33-1.62-1.18-1.69N/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/A0.090.30-0.08-5.34-0.07N/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/A0.090.762.596.503.11N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-16.62N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/A-4.67-2.35-0.72-0.22-0.46N/A
Company Equity Multiplier
1.081.081.111.121.131.312.406.71-1.00-0.65-0.691.31
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.03-0.33-0.37-0.410.07-0.05-0.17-1.45-1.74-0.56-1.88-0.05
Free Cash Flow / Operating Cash Flow Ratio
0.291.011.031.000.881.041.0011.00110.88
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/A-4.67-2.35-0.72-0.22-0.46N/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A-2.70-0.75-0.80-0.48N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A