Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
1.241.151.211.20
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$24.72$26.77$25.50$25.55

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
65.339.8916.2814.969.438.8220.1912.9411.6610.6610.519.43
Price/Sales ratio
0.480.470.700.930.600.731.151.140.800.961.000.60
Price/Book Value ratio
1.751.772.222.931.902.282.683.002.342.983.031.90
Price/Cash Flow ratio
15.695.7612.198.357.538.1012.7412.6111.4819.9212.797.53
Price/Free Cash Flow ratio
-13.6922.89-76.9317.0922.7718.5629.3635.9351.60-267.0625.3722.77
Price/Earnings Growth ratio
-1.560.01-1.270.260.430.20-0.430.18-62.680.20-0.040.20
Dividend Yield
4.43%4.08%2.84%2.10%3.67%6.42%N/A11.73%6.92%5.35%7.09%3.67%
Profitability Indicator Ratios
Gross Profit Margin
22.24%22.99%23.28%23.94%22.35%24.32%23.37%24.11%23.59%27.01%27.49%22.35%
Operating Profit Margin
2.05%7.46%6.89%9.05%8.82%11.46%8.12%11.57%9.65%12.08%13.82%8.82%
Pretax Profit Margin
1.79%6.53%6.36%8.44%8.22%10.84%7.65%11.60%9.52%12.07%13.29%8.22%
Net Profit Margin
0.74%4.81%4.35%6.26%6.37%8.30%5.70%8.80%6.91%9.01%9.63%6.37%
Effective Tax Rate
56.08%26.05%31.24%24.67%21.10%22.07%22.54%23.03%26.86%25.16%24.65%21.10%
Return on Assets
0.54%4.02%3.29%5.08%5.24%6.83%3.78%6.35%5.20%7.39%7.68%5.24%
Return On Equity
2.67%17.96%13.68%19.59%20.17%25.87%13.29%23.24%20.10%28.02%29.95%20.17%
Return on Capital Employed
2.48%11.42%8.96%12.93%12.26%15.55%8.94%13.74%12.12%17.13%18.03%12.26%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.29N/A
Quick Ratio
0.880.740.790.820.871.091.140.940.980.960.960.87
Cash ratio
0.170.120.140.200.200.240.350.250.260.250.260.20
Days of Sales Outstanding
126.69N/A129.16120.01120.75148.18173.16138.06126.5627.32N/A148.18
Days of Inventory outstanding
75.5367.3276.0975.5579.1163.2467.0382.5976.3768.7279.3779.11
Operating Cycle
202.2367.32205.26195.57199.87211.43240.20220.65202.9396.0479.37211.43
Days of Payables Outstanding
93.9784.4087.0993.6888.5574.6683.9099.1790.9875.0766.3574.66
Cash Conversion Cycle
108.25-17.07118.17101.88111.31136.77156.29121.48111.9420.9613.02136.77
Debt Ratios
Debt Ratio
0.380.350.350.300.280.280.280.280.310.330.370.28
Debt Equity Ratio
1.881.571.471.171.081.071.011.031.211.271.391.08
Long-term Debt to Capitalization
0.570.470.460.400.400.400.380.400.440.420.460.40
Total Debt to Capitalization
0.650.610.590.540.520.510.500.500.540.560.580.52
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A36.92N/A
Cash Flow to Debt Ratio
0.050.190.120.290.230.260.200.230.160.110.160.26
Company Equity Multiplier
4.884.464.153.853.843.783.513.653.863.793.753.78
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.030.080.050.110.070.090.090.090.070.040.070.09
Free Cash Flow / Operating Cash Flow Ratio
-1.140.25-0.150.480.330.430.430.350.22-0.070.490.33
Cash Flow Coverage Ratio
0.050.190.120.290.230.260.200.230.160.110.160.26
Short Term Coverage Ratio
0.210.450.310.700.640.720.540.700.480.270.450.72
Dividend Payout Ratio
289.85%40.44%46.34%31.47%34.68%56.70%N/A151.95%80.78%57.13%70.79%34.68%