Growth Metrics |
- |
- |
- |
Revenue Growth |
27.07% |
10.20% |
-3.70% |
EBITDA Growth |
38.03% |
8.21% |
-15.80% |
EBIT Growth |
112.58% |
14.29% |
-27.37% |
NOPAT Growth |
57.76% |
14.63% |
-31.69% |
Net Income Growth |
290.25% |
10.86% |
-49.02% |
EPS Growth |
251.61% |
14.89% |
-51.85% |
Operating Cash Flow Growth |
1.13% |
26.31% |
-10.30% |
Free Cash Flow Firm Growth |
-192.59% |
302.59% |
8.95% |
Invested Capital Growth |
11.05% |
-1.60% |
-4.54% |
Revenue Q/Q Growth |
7.25% |
1.22% |
-2.01% |
EBITDA Q/Q Growth |
5.33% |
0.84% |
-0.73% |
EBIT Q/Q Growth |
9.64% |
1.90% |
-0.62% |
NOPAT Q/Q Growth |
21.13% |
1.37% |
-2.15% |
Net Income Q/Q Growth |
21.63% |
2.78% |
0.22% |
EPS Q/Q Growth |
17.50% |
3.85% |
0.00% |
Operating Cash Flow Q/Q Growth |
10.80% |
8.60% |
-8.64% |
Free Cash Flow Firm Q/Q Growth |
-54.54% |
1,056.92% |
-14.61% |
Invested Capital Q/Q Growth |
4.83% |
-2.85% |
-1.51% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
40.77% |
40.32% |
38.94% |
EBITDA Margin |
29.76% |
29.22% |
25.55% |
Operating Margin |
12.49% |
13.90% |
11.59% |
EBIT Margin |
14.97% |
15.53% |
11.71% |
Profit (Net Income) Margin |
7.15% |
7.19% |
3.81% |
Tax Burden Percent |
83.84% |
78.37% |
66.67% |
Interest Burden Percent |
56.92% |
59.06% |
48.74% |
Effective Tax Rate |
16.16% |
21.63% |
33.33% |
Return on Invested Capital (ROIC) |
6.16% |
6.76% |
4.76% |
ROIC Less NNEP Spread (ROIC-NNEP) |
2.71% |
2.60% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
3.53% |
3.21% |
0.00% |
Return on Equity (ROE) |
9.69% |
9.97% |
4.77% |
Cash Return on Invested Capital (CROIC) |
-4.31% |
8.37% |
9.41% |
Operating Return on Assets (OROA) |
7.15% |
7.67% |
5.53% |
Return on Assets (ROA) |
3.41% |
3.55% |
1.80% |
Return on Common Equity (ROCE) |
8.87% |
9.19% |
4.42% |
Return on Equity Simple (ROE_SIMPLE) |
10.27% |
10.31% |
5.04% |
Net Operating Profit after Tax (NOPAT) |
42 |
48 |
33 |
NOPAT Margin |
10.47% |
10.89% |
7.72% |
Net Nonoperating Expense Percent (NNEP) |
3.45% |
4.16% |
4.76% |
Return On Investment Capital (ROIC_SIMPLE) |
- |
6.89% |
4.73% |
Cost of Revenue to Revenue |
59.23% |
59.68% |
61.06% |
SG&A Expenses to Revenue |
28.28% |
26.42% |
27.35% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
28.28% |
26.42% |
27.35% |
Earnings before Interest and Taxes (EBIT) |
60 |
69 |
50 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
119 |
129 |
109 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.30 |
1.25 |
0.92 |
Price to Tangible Book Value (P/TBV) |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
0.90 |
0.87 |
0.70 |
Price to Earnings (P/E) |
13.46 |
12.80 |
20.55 |
Dividend Yield |
0.00% |
0.00% |
0.00% |
Earnings Yield |
7.43% |
7.81% |
4.87% |
Enterprise Value to Invested Capital (EV/IC) |
1.12 |
1.11 |
0.97 |
Enterprise Value to Revenue (EV/Rev) |
2.00 |
1.77 |
1.53 |
Enterprise Value to EBITDA (EV/EBITDA) |
6.72 |
6.07 |
6.00 |
Enterprise Value to EBIT (EV/EBIT) |
13.36 |
11.42 |
13.08 |
Enterprise Value to NOPAT (EV/NOPAT) |
19.11 |
16.29 |
19.83 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
10.47 |
8.10 |
7.51 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
13.16 |
10.04 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
1.39 |
1.17 |
1.08 |
Long-Term Debt to Equity |
1.22 |
1.12 |
1.08 |
Financial Leverage |
1.31 |
1.23 |
1.03 |
Leverage Ratio |
2.84 |
2.81 |
2.65 |
Compound Leverage Factor |
1.62 |
1.66 |
1.29 |
Debt to Total Capital |
58.15% |
53.98% |
51.84% |
Short-Term Debt to Total Capital |
7.17% |
2.62% |
0.00% |
Long-Term Debt to Total Capital |
50.98% |
51.36% |
51.84% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
3.44% |
3.45% |
3.47% |
Common Equity to Total Capital |
38.42% |
42.57% |
44.68% |
Debt to EBITDA |
3.54 |
3.03 |
3.43 |
Net Debt to EBITDA |
3.48 |
2.90 |
3.04 |
Long-Term Debt to EBITDA |
3.10 |
2.88 |
3.43 |
Debt to NOPAT |
10.06 |
8.12 |
11.35 |
Net Debt to NOPAT |
9.88 |
7.79 |
10.04 |
Long-Term Debt to NOPAT |
8.82 |
7.72 |
11.35 |
Altman Z-Score |
0.87 |
1.07 |
1.00 |
Noncontrolling Interest Sharing Ratio |
8.45% |
7.84% |
7.35% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
0.74 |
1.12 |
1.99 |
Quick Ratio |
0.64 |
0.19 |
0.76 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
-29 |
60 |
65 |
Operating Cash Flow to CapEx |
62.52% |
223.43% |
270.46% |
Free Cash Flow to Firm to Interest Expense |
-1.14 |
2.12 |
2.51 |
Operating Cash Flow to Interest Expense |
2.96 |
3.44 |
3.36 |
Operating Cash Flow Less CapEx to Interest Expense |
-1.78 |
1.90 |
2.12 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.48 |
0.49 |
0.47 |
Accounts Receivable Turnover |
7.17 |
0.00 |
0.00 |
Inventory Turnover |
45.56 |
43.04 |
41.10 |
Fixed Asset Turnover |
1.06 |
1.04 |
1.01 |
Accounts Payable Turnover |
24.93 |
30.57 |
31.38 |
Days Sales Outstanding (DSO) |
50.90 |
0.00 |
0.00 |
Days Inventory Outstanding (DIO) |
8.01 |
8.48 |
8.88 |
Days Payable Outstanding (DPO) |
14.64 |
11.94 |
11.63 |
Cash Conversion Cycle (CCC) |
44.27 |
-3.46 |
-2.75 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
718 |
706 |
674 |
Invested Capital Turnover |
0.59 |
0.62 |
0.62 |
Increase / (Decrease) in Invested Capital |
71 |
-11 |
-32 |
Enterprise Value (EV) |
803 |
785 |
652 |
Market Capitalization |
363 |
385 |
297 |
Book Value per Share |
$4.94 |
$5.63 |
$6.01 |
Tangible Book Value per Share |
($1.39) |
($0.61) |
($0.13) |
Total Capital |
727 |
724 |
720 |
Total Debt |
423 |
391 |
373 |
Total Long-Term Debt |
371 |
372 |
373 |
Net Debt |
415 |
375 |
330 |
Capital Expenditures (CapEx) |
123 |
43 |
32 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
16 |
13 |
13 |
Debt-free Net Working Capital (DFNWC) |
23 |
29 |
56 |
Net Working Capital (NWC) |
-29 |
10 |
56 |
Net Nonoperating Expense (NNE) |
13 |
16 |
17 |
Net Nonoperating Obligations (NNO) |
414 |
373 |
328 |
Total Depreciation and Amortization (D&A) |
59 |
61 |
59 |
Debt-free, Cash-free Net Working Capital to Revenue |
3.97% |
3.03% |
3.05% |
Debt-free Net Working Capital to Revenue |
5.83% |
6.61% |
13.16% |
Net Working Capital to Revenue |
-7.16% |
2.33% |
13.16% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$0.48 |
$0.54 |
$0.27 |
Adjusted Weighted Average Basic Shares Outstanding |
53.91M |
53.28M |
53.54M |
Adjusted Diluted Earnings per Share |
$0.47 |
$0.54 |
$0.26 |
Adjusted Weighted Average Diluted Shares Outstanding |
54.85M |
54.17M |
54.24M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
0.00 |
53.75M |
53.00M |
Normalized Net Operating Profit after Tax (NOPAT) |
42 |
48 |
33 |
Normalized NOPAT Margin |
10.47% |
10.89% |
7.72% |
Pre Tax Income Margin |
8.52% |
9.17% |
5.71% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
2.32 |
2.44 |
1.93 |
NOPAT to Interest Expense |
1.62 |
1.71 |
1.27 |
EBIT Less CapEx to Interest Expense |
-2.42 |
0.90 |
0.69 |
NOPAT Less CapEx to Interest Expense |
-3.12 |
0.17 |
0.03 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
14.47% |
33.05% |
62.69% |