TriState Capital Holdings
Financial ratios & Valuation

Historical Multiples (2013 – 2021)

2013 2014 2015 2016 2017 2018 2019 2020 2021 TTM Median
Valuation Ratios
Price/Earnings ratio
22.6618.4017.2721.2916.6810.3012.5111.0511.1411.9413.49
Price/Sales ratio
4.313.013.755.024.583.474.182.563.653.794.02
Price/Book Value ratio
0.990.951.191.731.621.171.210.661.031.141.39
Price/Cash Flow ratio
8.9510.3412.2620.2516.586.7811.045.858.227.7611.68
Price/Free Cash Flow ratio
9.2410.7012.6722.4416.996.9312.126.229.128.5811.96
Price/Earnings Growth ratio
0.342.390.380.740.510.271.18-0.440.150.170.39
Dividend Yield
N/AN/AN/AN/AN/A0.37%0.76%1.56%0.91%N/A0.18%
Profitability Indicator Ratios
Gross Profit Margin
N/A100%100%100%100%100%100%100%100%N/A100%
Operating Profit Margin
N/A36.09%47.39%53.73%65.36%90.96%113.46%67.53%59.93%N/A78.16%
Pretax Profit Margin
27.49%23.51%32.27%34.36%34.31%37.42%38.17%26.97%38.10%38.23%34.34%
Net Profit Margin
19.03%16.35%21.74%23.60%27.46%33.73%33.47%23.17%32.79%31.73%25.53%
Effective Tax Rate
30.74%30.43%32.63%31.29%19.97%9.84%12.32%14.07%13.93%13.78%16.87%
Return on Assets
0.56%0.55%0.68%0.72%0.79%0.90%0.77%0.45%0.60%0.58%0.84%
Return On Equity
4.37%5.21%6.89%8.14%9.76%11.35%9.68%5.97%9.32%9.79%8.95%
Return on Capital Employed
N/A1.23%1.48%1.65%1.89%2.43%2.62%1.33%1.09%N/A2.16%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A16.92N/A
Quick Ratio
N/A1.48K1.72K1.94K517.40583.941.31K1.11KN/A16.92550.67
Cash ratio
N/A57.6151.8651.6416.2419.4672.1753.36N/A0.0017.85
Days of Sales Outstanding
33.3749.0846.7452.2356.0463.3560.6549.97N/A37.3159.70
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
0.870.050.070.060.070.060.040.040.030.930.06
Debt Equity Ratio
6.790.540.780.680.860.840.600.550.5615.310.77
Long-term Debt to Capitalization
0.060.350.430.400.450.450.370.350.35N/A0.45
Total Debt to Capitalization
0.060.350.430.400.460.450.370.350.35N/A0.46
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
1.620.170.120.120.110.200.180.200.22N/A0.15
Company Equity Multiplier
7.799.3210.1311.1712.2812.5912.4913.0715.5416.3111.72
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.480.290.300.240.270.510.370.430.440.480.26
Free Cash Flow / Operating Cash Flow Ratio
0.960.960.960.900.970.970.910.940.900.900.97
Cash Flow Coverage Ratio
1.620.170.120.120.110.200.180.200.22N/A0.15
Short Term Coverage Ratio
N/AN/AN/AN/A6.1619.45N/A17.08N/A2.8212.81
Dividend Payout Ratio
N/AN/AN/AN/AN/A3.89%9.55%17.35%10.18%N/A1.94%