Growth Metrics |
- |
- |
- |
Revenue Growth |
-2.88% |
8.77% |
17.99% |
EBITDA Growth |
-16.00% |
29.33% |
-9.71% |
EBIT Growth |
-25.61% |
39.52% |
-12.43% |
NOPAT Growth |
-26.12% |
52.77% |
-17.30% |
Net Income Growth |
-45.88% |
42.09% |
-25.56% |
EPS Growth |
-40.58% |
38.93% |
-23.20% |
Operating Cash Flow Growth |
-18.28% |
42.82% |
-0.68% |
Free Cash Flow Firm Growth |
-90.36% |
-4.31% |
16.39% |
Invested Capital Growth |
7.75% |
7.54% |
3.36% |
Revenue Q/Q Growth |
-1.70% |
1.44% |
4.06% |
EBITDA Q/Q Growth |
-13.17% |
4.89% |
-8.75% |
EBIT Q/Q Growth |
-18.85% |
4.88% |
-10.42% |
NOPAT Q/Q Growth |
-16.14% |
0.87% |
-5.56% |
Net Income Q/Q Growth |
-32.31% |
-0.88% |
-11.73% |
EPS Q/Q Growth |
-29.91% |
-1.66% |
-10.78% |
Operating Cash Flow Q/Q Growth |
7.28% |
27.71% |
-7.67% |
Free Cash Flow Firm Q/Q Growth |
108.39% |
3,383.90% |
-52.24% |
Invested Capital Q/Q Growth |
-6.34% |
-0.73% |
3.41% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
20.20% |
19.71% |
17.40% |
EBITDA Margin |
10.34% |
11.95% |
10.05% |
Operating Margin |
7.08% |
9.06% |
6.95% |
EBIT Margin |
6.95% |
9.08% |
7.08% |
Profit (Net Income) Margin |
2.32% |
4.17% |
3.19% |
Tax Burden Percent |
70.13% |
72.07% |
66.25% |
Interest Burden Percent |
47.63% |
63.70% |
68.05% |
Effective Tax Rate |
29.87% |
27.93% |
33.12% |
Return on Invested Capital (ROIC) |
7.84% |
11.42% |
7.88% |
ROIC Less NNEP Spread (ROIC-NNEP) |
1.17% |
4.89% |
4.09% |
Return on Net Nonoperating Assets (RNNOA) |
1.96% |
8.41% |
7.65% |
Return on Equity (ROE) |
9.80% |
19.82% |
15.53% |
Cash Return on Invested Capital (CROIC) |
0.37% |
4.15% |
4.58% |
Operating Return on Assets (OROA) |
7.81% |
11.03% |
8.31% |
Return on Assets (ROA) |
2.61% |
5.06% |
3.75% |
Return on Common Equity (ROCE) |
9.75% |
19.65% |
15.38% |
Return on Equity Simple (ROE_SIMPLE) |
9.94% |
18.00% |
15.82% |
Net Operating Profit after Tax (NOPAT) |
104 |
141 |
92 |
NOPAT Margin |
4.97% |
6.53% |
4.65% |
Net Nonoperating Expense Percent (NNEP) |
6.66% |
6.53% |
3.80% |
Return On Investment Capital (ROIC_SIMPLE) |
7.32% |
10.47% |
7.54% |
Cost of Revenue to Revenue |
79.80% |
80.29% |
82.60% |
SG&A Expenses to Revenue |
8.57% |
8.08% |
7.74% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
13.12% |
10.64% |
10.45% |
Earnings before Interest and Taxes (EBIT) |
146 |
196 |
140 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
216 |
258 |
199 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.34 |
2.12 |
1.46 |
Price to Tangible Book Value (P/TBV) |
12.49 |
10.36 |
0.00 |
Price to Revenue (P/Rev) |
0.31 |
0.49 |
0.29 |
Price to Earnings (P/E) |
12.53 |
11.88 |
9.17 |
Dividend Yield |
0.86% |
0.47% |
0.72% |
Earnings Yield |
7.98% |
8.42% |
10.90% |
Enterprise Value to Invested Capital (EV/IC) |
1.12 |
1.44 |
1.15 |
Enterprise Value to Revenue (EV/Rev) |
0.74 |
0.85 |
0.69 |
Enterprise Value to EBITDA (EV/EBITDA) |
7.14 |
7.14 |
6.88 |
Enterprise Value to EBIT (EV/EBIT) |
10.61 |
9.39 |
9.77 |
Enterprise Value to NOPAT (EV/NOPAT) |
14.86 |
13.06 |
14.87 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
12.93 |
12.58 |
13.39 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
313.01 |
35.90 |
25.61 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
1.90 |
1.67 |
2.03 |
Long-Term Debt to Equity |
1.89 |
1.66 |
2.03 |
Financial Leverage |
1.67 |
1.72 |
1.87 |
Leverage Ratio |
3.76 |
3.91 |
4.15 |
Compound Leverage Factor |
1.79 |
2.49 |
2.82 |
Debt to Total Capital |
65.56% |
62.56% |
66.99% |
Short-Term Debt to Total Capital |
0.35% |
0.37% |
0.00% |
Long-Term Debt to Total Capital |
65.21% |
62.19% |
66.99% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.02% |
0.31% |
0.29% |
Common Equity to Total Capital |
34.42% |
37.14% |
32.72% |
Debt to EBITDA |
4.30 |
3.26 |
4.11 |
Net Debt to EBITDA |
4.10 |
3.01 |
3.94 |
Long-Term Debt to EBITDA |
4.28 |
3.24 |
4.11 |
Debt to NOPAT |
8.96 |
5.97 |
8.88 |
Net Debt to NOPAT |
8.53 |
5.50 |
8.52 |
Long-Term Debt to NOPAT |
8.91 |
5.94 |
8.88 |
Altman Z-Score |
2.23 |
2.59 |
2.21 |
Noncontrolling Interest Sharing Ratio |
0.44% |
0.85% |
0.96% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
2.09 |
2.14 |
1.97 |
Quick Ratio |
0.72 |
0.83 |
0.77 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
4.93 |
51 |
53 |
Operating Cash Flow to CapEx |
159.20% |
124.13% |
101.39% |
Free Cash Flow to Firm to Interest Expense |
0.06 |
0.72 |
1.19 |
Operating Cash Flow to Interest Expense |
1.57 |
2.06 |
2.28 |
Operating Cash Flow Less CapEx to Interest Expense |
0.58 |
0.40 |
0.03 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
1.12 |
1.21 |
1.17 |
Accounts Receivable Turnover |
10.61 |
10.30 |
9.94 |
Inventory Turnover |
4.17 |
4.60 |
4.89 |
Fixed Asset Turnover |
3.24 |
3.62 |
3.79 |
Accounts Payable Turnover |
8.74 |
8.43 |
8.63 |
Days Sales Outstanding (DSO) |
34.39 |
35.42 |
36.72 |
Days Inventory Outstanding (DIO) |
87.48 |
79.28 |
74.69 |
Days Payable Outstanding (DPO) |
41.76 |
43.29 |
42.31 |
Cash Conversion Cycle (CCC) |
80.11 |
71.41 |
69.10 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
1,376 |
1,277 |
1,187 |
Invested Capital Turnover |
1.58 |
1.75 |
1.70 |
Increase / (Decrease) in Invested Capital |
99 |
90 |
39 |
Enterprise Value (EV) |
1,544 |
1,838 |
1,370 |
Market Capitalization |
657 |
1,060 |
582 |
Book Value per Share |
$24.11 |
$23.96 |
$19.11 |
Tangible Book Value per Share |
$2.60 |
$4.91 |
($0.51) |
Total Capital |
1,420 |
1,343 |
1,221 |
Total Debt |
931 |
840 |
818 |
Total Long-Term Debt |
926 |
835 |
818 |
Net Debt |
887 |
774 |
784 |
Capital Expenditures (CapEx) |
75 |
118 |
101 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
316 |
312 |
280 |
Debt-free Net Working Capital (DFNWC) |
360 |
378 |
313 |
Net Working Capital (NWC) |
355 |
373 |
313 |
Net Nonoperating Expense (NNE) |
55 |
51 |
29 |
Net Nonoperating Obligations (NNO) |
887 |
774 |
784 |
Total Depreciation and Amortization (D&A) |
71 |
62 |
59 |
Debt-free, Cash-free Net Working Capital to Revenue |
15.09% |
14.46% |
14.11% |
Debt-free Net Working Capital to Revenue |
17.19% |
17.55% |
15.79% |
Net Working Capital to Revenue |
16.96% |
17.32% |
15.79% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$2.54 |
$4.28 |
$3.02 |
Adjusted Weighted Average Basic Shares Outstanding |
20.66M |
20.84M |
20.98M |
Adjusted Diluted Earnings per Share |
$2.46 |
$4.14 |
$2.98 |
Adjusted Weighted Average Diluted Shares Outstanding |
21.29M |
21.54M |
21.31M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
20.49M |
21.03M |
20.83M |
Normalized Net Operating Profit after Tax (NOPAT) |
123 |
139 |
90 |
Normalized NOPAT Margin |
5.89% |
6.47% |
4.57% |
Pre Tax Income Margin |
3.31% |
5.78% |
4.82% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
1.91 |
2.75 |
3.13 |
NOPAT to Interest Expense |
1.36 |
1.98 |
2.06 |
EBIT Less CapEx to Interest Expense |
0.93 |
1.10 |
0.88 |
NOPAT Less CapEx to Interest Expense |
0.38 |
0.32 |
-0.20 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
12.14% |
5.57% |
6.65% |
Augmented Payout Ratio |
116.67% |
27.95% |
43.99% |