Team
Financial ratios & Valuation

Historical Multiples (2013 – 2023)

2013 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
22.4616.35-86.45-4.26-6.78-14.93-1.40-0.01-0.14-0.38-0.15-6.78
Price/Sales ratio
1.020.770.910.370.350.410.390.000.020.030.020.41
Price/Book Value ratio
2.492.732.040.970.961.101.550.060.180.630.201.10
Price/Cash Flow ratio
12.4215.0713.77-32.3910.518.226.32-0.09-0.37-2.62-0.418.22
Price/Free Cash Flow ratio
22.3744.5632.47-8.8029.9316.2410.17-0.06-0.26-1.34-0.2816.24
Price/Earnings Growth ratio
-6.250.480.70-0.000.170.29-0.00-0.000.000.000.000.29
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
29.81%30.63%27.45%25.82%26.32%28.17%28.00%24.51%23.99%24.47%21.55%28.17%
Operating Profit Margin
7.78%8.13%-0.26%-9.59%-3.12%-0.10%-2.89%-6.68%-3.76%-1.53%-17.86%-0.10%
Pretax Profit Margin
7.26%7.51%-1.30%-11.45%-7.55%-2.82%-29.54%-19.98%-17.46%-8.24%-17.46%-2.82%
Net Profit Margin
4.54%4.75%-1.05%-8.67%-5.19%-2.78%-27.82%-21.27%-17.86%-8.77%-17.86%-2.78%
Effective Tax Rate
36.99%36.01%19.75%24.26%31.21%1.32%5.84%-6.41%-2.25%-6.43%-2.25%1.32%
Return on Assets
7.04%5.01%-1.10%-9.86%-6.62%-3.29%-32.45%-26.40%-24.33%-13.38%-24.33%-3.29%
Return On Equity
11.10%16.75%-2.36%-22.76%-14.17%-7.42%-110.53%-358.64%-127.45%-166.07%-514.66%-7.42%
Return on Capital Employed
14.35%9.68%-0.31%-12.67%-4.65%-0.14%-4.13%-11.22%-18.85%-3.39%-89.45%-0.14%
Liquidity Ratios
Current Ratio
3.39N/A2.712.682.532.102.13N/AN/AN/A0.772.10
Quick Ratio
2.833.112.382.352.181.841.851.720.691.610.541.84
Cash ratio
0.460.480.310.170.130.080.180.350.120.200.120.08
Days of Sales Outstanding
87.9494.5880.3092.1078.6477.1683.7188.2998.3876.6681.1078.64
Days of Inventory outstanding
19.2917.4520.8420.3719.2817.1221.9119.7620.7621.7626.1419.28
Operating Cycle
107.24112.04101.14112.4897.9394.28105.63108.06119.1498.4346.1494.28
Days of Payables Outstanding
16.3113.9720.1022.6717.5118.1825.0624.3518.5820.3823.4017.51
Cash Conversion Cycle
90.9298.0781.0489.8080.4276.0980.5683.70100.5578.0464.1376.09
Debt Ratios
Debt Ratio
0.150.460.310.360.360.330.420.570.460.560.800.36
Debt Equity Ratio
0.241.550.680.840.780.751.457.822.417.034.230.78
Long-term Debt to Capitalization
0.190.590.390.450.430.420.590.880.040.860.270.42
Total Debt to Capitalization
0.190.600.400.450.430.430.590.880.700.870.740.43
Interest Coverage Ratio
19.97N/A0.36-1.78-1.05-0.01-0.74N/AN/AN/A-1.76-0.01
Cash Flow to Debt Ratio
0.800.110.21-0.030.110.170.16-0.08-0.20-0.03-0.170.17
Company Equity Multiplier
1.573.342.142.302.132.253.4013.585.2312.405.232.13
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.050.06-0.010.030.050.06-0.04-0.06-0.01-0.060.05
Free Cash Flow / Operating Cash Flow Ratio
0.550.330.423.680.350.500.621.491.421.941.420.35
Cash Flow Coverage Ratio
0.800.110.21-0.030.110.170.16-0.08-0.20-0.03-0.170.17
Short Term Coverage Ratio
N/A2.173.97N/A73.5611.76N/A-53.15-0.20-0.56-0.1911.76
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A