Virtus KAR Mid-Cap Growth Fund
Financial ratios & Valuation

Historical Multiples (2017 – 2023)

2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
2.41K-377.3215.13K390.52509.39908.151.65KN/A390.52
Price/Sales ratio
39.1926.8652.3950.5749.2648.8525.60N/A50.57
Price/Book Value ratio
26.6631.6725.9825.2720.1423.4427.11N/A25.27
Price/Cash Flow ratio
186.80103.46288.98102.94137.68197.16188.01N/A102.94
Price/Free Cash Flow ratio
188.42104.59297.52103.74138.30199.99192.11N/A103.74
Price/Earnings Growth ratio
N/A0.46-147.470.11-32.47-26.03-44.22N/A0.11
Dividend Yield
N/AN/AN/A0.11%0.22%N/AN/AN/A0.11%
Profitability Indicator Ratios
Gross Profit Margin
55.98%52.21%52.68%52.50%52.32%49.85%39.52%N/A52.50%
Operating Profit Margin
25.15%8.76%13.10%16.98%13.24%7.07%6.50%N/A16.98%
Pretax Profit Margin
6.05%-4.92%0.40%15.63%11.74%4.49%1.39%N/A15.63%
Net Profit Margin
1.62%-7.11%0.34%12.95%9.67%5.37%1.54%N/A12.95%
Effective Tax Rate
59.50%-32.91%12.43%17.06%18.35%19.8%7.26%N/A17.06%
Return on Assets
0.30%-1.50%0.07%2.70%1.87%0.81%0.55%N/A2.70%
Return On Equity
1.10%-8.39%0.17%6.47%3.95%2.58%1.63%N/A6.47%
Return on Capital Employed
6.11%2.52%3.75%4.32%3.15%1.41%3.14%N/A4.32%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
0.450.450.441.101.400.670.52N/A1.10
Cash ratio
0.170.220.060.841.130.380.24N/A0.84
Days of Sales Outstanding
105.1886.34101.0870.1282.04132.8260.75N/A70.12
Days of Inventory outstanding
7.7912.3313.349.9710.1713.394.56N/A9.97
Operating Cycle
112.9798.68114.4380.1092.21146.2265.31N/A80.10
Days of Payables Outstanding
40.9032.9812.7112.3422.3889.9427.14N/A12.34
Cash Conversion Cycle
72.0765.70101.7167.7569.8356.2738.16N/A67.75
Debt Ratios
Debt Ratio
0.400.470.290.340.280.360.34N/A0.34
Debt Equity Ratio
1.472.630.660.830.601.161.02N/A0.83
Long-term Debt to Capitalization
0.590.720.380.450.370.530.49N/A0.45
Total Debt to Capitalization
0.590.720.390.450.370.530.50N/A0.45
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.090.110.130.290.240.100.14N/A0.29
Company Equity Multiplier
3.615.592.222.382.103.152.96N/A2.38
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.200.250.180.490.350.240.13N/A0.49
Free Cash Flow / Operating Cash Flow Ratio
0.990.980.970.990.990.980.97N/A0.99
Cash Flow Coverage Ratio
0.090.110.130.290.240.100.14N/A0.29
Short Term Coverage Ratio
N/AN/A1.83N/AN/AN/A4.05N/AN/A
Dividend Payout Ratio
N/AN/AN/A43.99%115.23%N/AN/AN/A43.99%