TruGolf Holdings
Financial ratios & Valuation

Historical Multiples (2021 – 2023)

2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-389.74-351.84-9.53N/A-351.84
Price/Sales ratio
7.596.964.76N/A6.96
Price/Book Value ratio
1.3055.13-25.01N/A55.13
Price/Cash Flow ratio
-231.23-135.86-15.98N/A-135.86
Price/Free Cash Flow ratio
-223.86-130.64-15.65N/A-130.64
Price/Earnings Growth ratio
-0.64-17.73-0.00N/A-17.73
Dividend Yield
0.25%1.39%N/AN/A1.39%
Profitability Indicator Ratios
Gross Profit Margin
75.23%65.30%58.53%N/A65.30%
Operating Profit Margin
-1.92%-10.71%-42.07%N/A-10.71%
Pretax Profit Margin
-1.94%-1.69%-49.95%N/A-1.69%
Net Profit Margin
-1.94%-1.97%-49.95%N/A-1.97%
Effective Tax Rate
45.27%-16.80%N/AN/A-16.80%
Return on Assets
-0.32%-4.09%-65.20%N/A-4.09%
Return On Equity
-0.33%-15.66%262.47%N/A-15.66%
Return on Capital Employed
-0.31%-31.04%-169.76%N/A-31.04%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A
Quick Ratio
236.212.730.98N/A2.73
Cash ratio
1.630.210.30N/A0.21
Days of Sales Outstanding
23.6329.1139.56N/A29.11
Days of Inventory outstanding
128.74110.3390.61N/A110.33
Operating Cycle
152.37139.44130.18N/A139.44
Days of Payables Outstanding
46.9876.1088.08N/A76.10
Cash Conversion Cycle
105.3963.3442.10N/A63.34
Debt Ratios
Debt Ratio
0.020.360.52N/A0.36
Debt Equity Ratio
0.021.41-2.10N/A1.41
Long-term Debt to Capitalization
0.010.35-4.99N/A0.35
Total Debt to Capitalization
0.020.581.90N/A0.58
Interest Coverage Ratio
N/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
-0.20-0.28-0.74N/A-0.28
Company Equity Multiplier
1.043.82-4.02N/A3.82
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.03-0.05-0.29N/A-0.05
Free Cash Flow / Operating Cash Flow Ratio
1.031.031.02N/A1.03
Cash Flow Coverage Ratio
-0.20-0.28-0.74N/A-0.28
Short Term Coverage Ratio
-0.47-0.47-1.23N/A-0.47
Dividend Payout Ratio
-99.74%-491.14%N/AN/A-491.14%