Growth Metrics |
- |
- |
- |
Revenue Growth |
16.12% |
-4.09% |
4.19% |
EBITDA Growth |
38.02% |
27.06% |
-1.96% |
EBIT Growth |
36.37% |
34.38% |
-8.76% |
NOPAT Growth |
26.43% |
36.17% |
-11.94% |
Net Income Growth |
15.14% |
28.42% |
-7.10% |
EPS Growth |
6.25% |
36.97% |
-8.59% |
Operating Cash Flow Growth |
239.60% |
81.11% |
-10.11% |
Free Cash Flow Firm Growth |
235.46% |
540.96% |
-15.46% |
Invested Capital Growth |
10.09% |
-8.75% |
-7.41% |
Revenue Q/Q Growth |
0.32% |
0.72% |
1.46% |
EBITDA Q/Q Growth |
-2.80% |
0.18% |
7.67% |
EBIT Q/Q Growth |
-6.92% |
-0.95% |
9.34% |
NOPAT Q/Q Growth |
-6.21% |
-1.62% |
4.38% |
Net Income Q/Q Growth |
-5.27% |
-1.09% |
5.77% |
EPS Q/Q Growth |
-7.03% |
-1.21% |
5.67% |
Operating Cash Flow Q/Q Growth |
31.44% |
-11.13% |
-4.08% |
Free Cash Flow Firm Q/Q Growth |
306.98% |
-11.02% |
-7.08% |
Invested Capital Q/Q Growth |
-5.75% |
-3.24% |
-0.77% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
31.23% |
37.73% |
38.88% |
EBITDA Margin |
10.79% |
14.29% |
13.45% |
Operating Margin |
7.10% |
10.37% |
8.93% |
EBIT Margin |
7.41% |
10.39% |
9.10% |
Profit (Net Income) Margin |
6.11% |
8.18% |
7.29% |
Tax Burden Percent |
79.47% |
77.19% |
75.74% |
Interest Burden Percent |
103.69% |
102.02% |
105.86% |
Effective Tax Rate |
20.53% |
22.81% |
24.26% |
Return on Invested Capital (ROIC) |
14.01% |
19.04% |
18.25% |
ROIC Less NNEP Spread (ROIC-NNEP) |
21.04% |
24.31% |
-20.85% |
Return on Net Nonoperating Assets (RNNOA) |
4.19% |
2.05% |
0.73% |
Return on Equity (ROE) |
18.20% |
21.09% |
18.98% |
Cash Return on Invested Capital (CROIC) |
4.41% |
28.19% |
25.94% |
Operating Return on Assets (OROA) |
13.64% |
15.94% |
13.47% |
Return on Assets (ROA) |
11.24% |
12.55% |
10.80% |
Return on Common Equity (ROCE) |
16.96% |
19.83% |
18.09% |
Return on Equity Simple (ROE_SIMPLE) |
18.24% |
21.53% |
19.81% |
Net Operating Profit after Tax (NOPAT) |
24 |
32 |
29 |
NOPAT Margin |
5.64% |
8.01% |
6.77% |
Net Nonoperating Expense Percent (NNEP) |
-7.03% |
-5.28% |
39.09% |
Return On Investment Capital (ROIC_SIMPLE) |
- |
15.31% |
13.58% |
Cost of Revenue to Revenue |
68.77% |
62.27% |
61.12% |
SG&A Expenses to Revenue |
24.14% |
26.73% |
29.30% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
24.13% |
27.36% |
29.95% |
Earnings before Interest and Taxes (EBIT) |
31 |
42 |
38 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
46 |
58 |
57 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.84 |
3.00 |
3.84 |
Price to Tangible Book Value (P/TBV) |
1.89 |
3.08 |
3.93 |
Price to Revenue (P/Rev) |
0.62 |
1.14 |
1.41 |
Price to Earnings (P/E) |
11.01 |
14.24 |
19.92 |
Dividend Yield |
2.68% |
2.81% |
5.20% |
Earnings Yield |
9.09% |
7.02% |
5.02% |
Enterprise Value to Invested Capital (EV/IC) |
1.66 |
2.89 |
3.93 |
Enterprise Value to Revenue (EV/Rev) |
0.70 |
1.16 |
1.40 |
Enterprise Value to EBITDA (EV/EBITDA) |
6.51 |
8.12 |
10.42 |
Enterprise Value to EBIT (EV/EBIT) |
9.47 |
11.18 |
15.41 |
Enterprise Value to NOPAT (EV/NOPAT) |
12.45 |
14.50 |
20.71 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
10.08 |
8.82 |
12.34 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
39.58 |
9.79 |
14.57 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.28 |
0.30 |
0.30 |
Long-Term Debt to Equity |
0.27 |
0.30 |
0.29 |
Financial Leverage |
0.20 |
0.08 |
-0.04 |
Leverage Ratio |
1.62 |
1.68 |
1.76 |
Compound Leverage Factor |
1.68 |
1.71 |
1.86 |
Debt to Total Capital |
21.86% |
23.33% |
23.00% |
Short-Term Debt to Total Capital |
0.49% |
0.53% |
0.56% |
Long-Term Debt to Total Capital |
21.37% |
22.81% |
22.44% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
5.27% |
4.04% |
3.15% |
Common Equity to Total Capital |
72.86% |
72.63% |
73.85% |
Debt to EBITDA |
0.93 |
0.85 |
0.85 |
Net Debt to EBITDA |
0.58 |
0.00 |
-0.20 |
Long-Term Debt to EBITDA |
0.91 |
0.83 |
0.83 |
Debt to NOPAT |
1.78 |
1.52 |
1.69 |
Net Debt to NOPAT |
1.11 |
0.00 |
-0.40 |
Long-Term Debt to NOPAT |
1.74 |
1.49 |
1.65 |
Altman Z-Score |
4.36 |
5.23 |
5.36 |
Noncontrolling Interest Sharing Ratio |
6.82% |
5.98% |
4.68% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
3.15 |
3.49 |
3.47 |
Quick Ratio |
1.17 |
1.74 |
1.87 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
7.50 |
48 |
41 |
Operating Cash Flow to CapEx |
1,142.40% |
642.89% |
5,997.75% |
Free Cash Flow to Firm to Interest Expense |
3.72 |
23.54 |
19.15 |
Operating Cash Flow to Interest Expense |
14.61 |
26.13 |
22.60 |
Operating Cash Flow Less CapEx to Interest Expense |
13.33 |
22.06 |
22.22 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
1.84 |
1.53 |
1.48 |
Accounts Receivable Turnover |
13.49 |
14.07 |
15.51 |
Inventory Turnover |
4.49 |
3.54 |
3.63 |
Fixed Asset Turnover |
4.47 |
4.25 |
4.61 |
Accounts Payable Turnover |
13.23 |
10.69 |
11.55 |
Days Sales Outstanding (DSO) |
27.05 |
25.95 |
23.53 |
Days Inventory Outstanding (DIO) |
81.36 |
103.12 |
100.50 |
Days Payable Outstanding (DPO) |
27.59 |
34.14 |
31.59 |
Cash Conversion Cycle (CCC) |
80.82 |
94.93 |
92.45 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
178 |
163 |
151 |
Invested Capital Turnover |
2.48 |
2.38 |
2.70 |
Increase / (Decrease) in Invested Capital |
16 |
-16 |
-12 |
Enterprise Value (EV) |
297 |
471 |
592 |
Market Capitalization |
260 |
462 |
597 |
Book Value per Share |
$7.12 |
$7.72 |
$7.77 |
Tangible Book Value per Share |
$6.92 |
$7.53 |
$7.58 |
Total Capital |
194 |
212 |
211 |
Total Debt |
43 |
50 |
48 |
Total Long-Term Debt |
42 |
48 |
47 |
Net Debt |
26 |
0.10 |
-11 |
Capital Expenditures (CapEx) |
2.58 |
8.30 |
0.80 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
69 |
62 |
56 |
Debt-free Net Working Capital (DFNWC) |
86 |
112 |
116 |
Net Working Capital (NWC) |
85 |
111 |
115 |
Net Nonoperating Expense (NNE) |
-1.99 |
-0.70 |
-2.22 |
Net Nonoperating Obligations (NNO) |
26 |
0.10 |
-11 |
Total Depreciation and Amortization (D&A) |
14 |
16 |
18 |
Debt-free, Cash-free Net Working Capital to Revenue |
16.42% |
15.34% |
13.20% |
Debt-free Net Working Capital to Revenue |
20.22% |
27.52% |
27.38% |
Net Working Capital to Revenue |
19.99% |
27.25% |
27.10% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$1.19 |
$1.63 |
$1.50 |
Adjusted Weighted Average Basic Shares Outstanding |
19.82M |
19.90M |
20.00M |
Adjusted Diluted Earnings per Share |
$1.19 |
$1.63 |
$1.49 |
Adjusted Weighted Average Diluted Shares Outstanding |
19.93M |
19.98M |
20.12M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
19.89M |
19.97M |
20.04M |
Normalized Net Operating Profit after Tax (NOPAT) |
24 |
34 |
31 |
Normalized NOPAT Margin |
5.63% |
8.49% |
7.26% |
Pre Tax Income Margin |
7.69% |
10.60% |
9.63% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
15.55 |
20.62 |
18.11 |
NOPAT to Interest Expense |
11.83 |
15.90 |
13.47 |
EBIT Less CapEx to Interest Expense |
14.27 |
16.56 |
17.73 |
NOPAT Less CapEx to Interest Expense |
10.55 |
11.83 |
13.10 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
26.95% |
69.93% |
108.17% |
Augmented Payout Ratio |
26.95% |
69.93% |
108.17% |