Growth Metrics |
- |
- |
- |
Revenue Growth |
10.85% |
-8.69% |
-6.91% |
EBITDA Growth |
19.99% |
-11.74% |
-70.08% |
EBIT Growth |
30.21% |
-32.52% |
-85.21% |
NOPAT Growth |
40.68% |
-44.13% |
-86.56% |
Net Income Growth |
37.06% |
-44.58% |
-88.49% |
EPS Growth |
41.67% |
-46.67% |
-88.16% |
Operating Cash Flow Growth |
96.26% |
-122.23% |
2,556.10% |
Free Cash Flow Firm Growth |
-7.55% |
520.75% |
-109.56% |
Invested Capital Growth |
-16.65% |
-17.30% |
15.55% |
Revenue Q/Q Growth |
4.79% |
6.01% |
-12.24% |
EBITDA Q/Q Growth |
10.35% |
12.27% |
-31.44% |
EBIT Q/Q Growth |
17.64% |
76.02% |
-52.31% |
NOPAT Q/Q Growth |
21.14% |
98.11% |
-56.52% |
Net Income Q/Q Growth |
14.32% |
194.75% |
-60.58% |
EPS Q/Q Growth |
17.24% |
200.00% |
-65.12% |
Operating Cash Flow Q/Q Growth |
94.84% |
-159.68% |
120.49% |
Free Cash Flow Firm Q/Q Growth |
1,035.44% |
654.27% |
-21.07% |
Invested Capital Q/Q Growth |
-41.70% |
-27.87% |
-7.73% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
41.63% |
39.72% |
42.53% |
EBITDA Margin |
16.84% |
15.56% |
16.10% |
Operating Margin |
5.95% |
5.07% |
6.86% |
EBIT Margin |
5.95% |
5.07% |
6.86% |
Profit (Net Income) Margin |
3.12% |
2.52% |
4.16% |
Tax Burden Percent |
65.12% |
60.28% |
72.80% |
Interest Burden Percent |
80.52% |
82.64% |
83.31% |
Effective Tax Rate |
34.88% |
39.72% |
27.20% |
Return on Invested Capital (ROIC) |
8.55% |
5.04% |
8.84% |
ROIC Less NNEP Spread (ROIC-NNEP) |
14.92% |
23.26% |
35.19% |
Return on Net Nonoperating Assets (RNNOA) |
-3.09% |
-1.07% |
-1.87% |
Return on Equity (ROE) |
5.46% |
3.98% |
6.98% |
Cash Return on Invested Capital (CROIC) |
26.72% |
23.98% |
-5.58% |
Operating Return on Assets (OROA) |
3.55% |
2.98% |
4.05% |
Return on Assets (ROA) |
1.86% |
1.48% |
2.46% |
Return on Common Equity (ROCE) |
4.28% |
3.09% |
5.32% |
Return on Equity Simple (ROE_SIMPLE) |
7.09% |
4.98% |
9.53% |
Net Operating Profit after Tax (NOPAT) |
106 |
75 |
135 |
NOPAT Margin |
3.88% |
3.06% |
4.99% |
Net Nonoperating Expense Percent (NNEP) |
-6.37% |
-18.21% |
-26.35% |
Return On Investment Capital (ROIC_SIMPLE) |
4.84% |
3.55% |
6.52% |
Cost of Revenue to Revenue |
58.37% |
60.28% |
57.47% |
SG&A Expenses to Revenue |
22.79% |
22.83% |
20.82% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
28.91% |
28.99% |
30.56% |
Earnings before Interest and Taxes (EBIT) |
163 |
125 |
186 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
461 |
384 |
436 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.81 |
1.49 |
1.13 |
Price to Tangible Book Value (P/TBV) |
5.91 |
4.76 |
3.37 |
Price to Revenue (P/Rev) |
0.80 |
0.76 |
0.49 |
Price to Earnings (P/E) |
35.72 |
43.92 |
15.98 |
Dividend Yield |
0.94% |
1.11% |
1.81% |
Earnings Yield |
2.80% |
2.28% |
6.26% |
Enterprise Value to Invested Capital (EV/IC) |
2.56 |
1.85 |
1.18 |
Enterprise Value to Revenue (EV/Rev) |
1.05 |
1.01 |
0.71 |
Enterprise Value to EBITDA (EV/EBITDA) |
6.26 |
6.51 |
4.42 |
Enterprise Value to EBIT (EV/EBIT) |
17.70 |
19.97 |
10.38 |
Enterprise Value to NOPAT (EV/NOPAT) |
27.17 |
33.13 |
14.25 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
0.00 |
0.00 |
1.61 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
8.70 |
6.97 |
0.00 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.44 |
0.34 |
0.36 |
Long-Term Debt to Equity |
0.44 |
0.34 |
0.00 |
Financial Leverage |
-0.21 |
-0.05 |
-0.05 |
Leverage Ratio |
2.93 |
2.68 |
2.84 |
Compound Leverage Factor |
2.36 |
2.22 |
2.36 |
Debt to Total Capital |
30.36% |
25.55% |
26.22% |
Short-Term Debt to Total Capital |
0.00% |
0.00% |
26.22% |
Long-Term Debt to Total Capital |
30.36% |
25.55% |
0.00% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
15.06% |
15.96% |
17.24% |
Common Equity to Total Capital |
54.58% |
58.49% |
56.55% |
Debt to EBITDA |
1.45 |
1.42 |
1.26 |
Net Debt to EBITDA |
0.79 |
0.75 |
0.54 |
Long-Term Debt to EBITDA |
1.45 |
1.42 |
0.00 |
Debt to NOPAT |
6.32 |
7.25 |
4.05 |
Net Debt to NOPAT |
3.45 |
3.82 |
1.74 |
Long-Term Debt to NOPAT |
6.32 |
7.25 |
0.00 |
Altman Z-Score |
1.47 |
1.40 |
1.43 |
Noncontrolling Interest Sharing Ratio |
21.53% |
22.39% |
23.78% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
1.00 |
1.01 |
0.68 |
Quick Ratio |
0.45 |
0.53 |
0.48 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
332 |
359 |
-85 |
Operating Cash Flow to CapEx |
-31.53% |
-480.41% |
1,923.72% |
Free Cash Flow to Firm to Interest Expense |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.60 |
0.59 |
0.59 |
Accounts Receivable Turnover |
4.46 |
4.31 |
4.91 |
Inventory Turnover |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
15.89 |
14.81 |
18.57 |
Accounts Payable Turnover |
2.74 |
2.68 |
2.93 |
Days Sales Outstanding (DSO) |
81.80 |
84.68 |
74.28 |
Days Inventory Outstanding (DIO) |
0.00 |
0.00 |
0.00 |
Days Payable Outstanding (DPO) |
133.38 |
136.22 |
124.52 |
Cash Conversion Cycle (CCC) |
-51.58 |
-51.54 |
-50.24 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
1,129 |
1,355 |
1,638 |
Invested Capital Turnover |
2.21 |
1.65 |
1.77 |
Increase / (Decrease) in Invested Capital |
-226 |
-283 |
220 |
Enterprise Value (EV) |
2,885 |
2,501 |
1,925 |
Market Capitalization |
2,187 |
1,870 |
1,330 |
Book Value per Share |
$7.05 |
$7.26 |
$6.87 |
Tangible Book Value per Share |
$2.16 |
$2.27 |
$2.30 |
Total Capital |
2,209 |
2,142 |
2,089 |
Total Debt |
671 |
547 |
548 |
Total Long-Term Debt |
671 |
547 |
0.00 |
Net Debt |
366 |
289 |
235 |
Capital Expenditures (CapEx) |
32 |
55 |
62 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
-313 |
-242 |
-265 |
Debt-free Net Working Capital (DFNWC) |
-7.76 |
17 |
48 |
Net Working Capital (NWC) |
-7.76 |
17 |
-500 |
Net Nonoperating Expense (NNE) |
21 |
13 |
23 |
Net Nonoperating Obligations (NNO) |
-409 |
-240 |
96 |
Total Depreciation and Amortization (D&A) |
298 |
259 |
250 |
Debt-free, Cash-free Net Working Capital to Revenue |
-11.42% |
-9.80% |
-9.80% |
Debt-free Net Working Capital to Revenue |
-0.28% |
0.67% |
1.76% |
Net Working Capital to Revenue |
-0.28% |
0.67% |
-18.48% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$0.36 |
$0.25 |
$0.46 |
Adjusted Weighted Average Basic Shares Outstanding |
172.18M |
173.48M |
180.34M |
Adjusted Diluted Earnings per Share |
$0.34 |
$0.24 |
$0.45 |
Adjusted Weighted Average Diluted Shares Outstanding |
177.69M |
176.38M |
245.18M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
180.46M |
172.67M |
173.72M |
Normalized Net Operating Profit after Tax (NOPAT) |
102 |
67 |
206 |
Normalized NOPAT Margin |
3.72% |
2.72% |
7.62% |
Pre Tax Income Margin |
4.79% |
4.19% |
5.71% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
0.00 |
0.00 |
0.00 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
69.34% |
91.80% |
93.62% |
Augmented Payout Ratio |
317.99% |
151.81% |
355.57% |