Growth Metrics |
- |
- |
- |
Revenue Growth |
3.43% |
-0.28% |
0.93% |
EBITDA Growth |
-20.09% |
21.65% |
3.59% |
EBIT Growth |
-25.97% |
29.89% |
3.78% |
NOPAT Growth |
-28.89% |
34.38% |
2.77% |
Net Income Growth |
-28.57% |
22.85% |
0.51% |
EPS Growth |
-28.75% |
29.82% |
16.22% |
Operating Cash Flow Growth |
-26.01% |
5.55% |
14.97% |
Free Cash Flow Firm Growth |
-58.10% |
82.65% |
-0.04% |
Invested Capital Growth |
1.92% |
0.26% |
0.51% |
Revenue Q/Q Growth |
1.50% |
-0.78% |
0.43% |
EBITDA Q/Q Growth |
3.02% |
-3.25% |
2.87% |
EBIT Q/Q Growth |
4.47% |
-5.10% |
4.02% |
NOPAT Q/Q Growth |
1.87% |
-5.19% |
5.33% |
Net Income Q/Q Growth |
1.75% |
-7.88% |
6.65% |
EPS Q/Q Growth |
0.00% |
-5.13% |
10.26% |
Operating Cash Flow Q/Q Growth |
21.71% |
-17.22% |
-5.16% |
Free Cash Flow Firm Q/Q Growth |
47.75% |
-21.35% |
-5.47% |
Invested Capital Q/Q Growth |
-1.00% |
0.85% |
1.82% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
25.51% |
28.19% |
30.83% |
EBITDA Margin |
9.64% |
11.76% |
12.07% |
Operating Margin |
6.41% |
8.49% |
8.70% |
EBIT Margin |
6.50% |
8.47% |
8.71% |
Profit (Net Income) Margin |
4.43% |
5.45% |
5.43% |
Tax Burden Percent |
72.03% |
73.27% |
72.78% |
Interest Burden Percent |
94.51% |
87.88% |
85.68% |
Effective Tax Rate |
27.97% |
26.73% |
27.22% |
Return on Invested Capital (ROIC) |
6.67% |
8.86% |
9.07% |
ROIC Less NNEP Spread (ROIC-NNEP) |
3.64% |
3.15% |
3.33% |
Return on Net Nonoperating Assets (RNNOA) |
0.36% |
0.75% |
0.97% |
Return on Equity (ROE) |
7.03% |
9.61% |
10.05% |
Cash Return on Invested Capital (CROIC) |
4.76% |
8.60% |
8.57% |
Operating Return on Assets (OROA) |
5.05% |
6.67% |
6.96% |
Return on Assets (ROA) |
3.44% |
4.30% |
4.34% |
Return on Common Equity (ROCE) |
7.03% |
9.61% |
10.05% |
Return on Equity Simple (ROE_SIMPLE) |
7.40% |
10.19% |
9.85% |
Net Operating Profit after Tax (NOPAT) |
22 |
29 |
30 |
NOPAT Margin |
4.62% |
6.22% |
6.33% |
Net Nonoperating Expense Percent (NNEP) |
3.02% |
5.71% |
5.74% |
Return On Investment Capital (ROIC_SIMPLE) |
6.22% |
8.67% |
8.99% |
Cost of Revenue to Revenue |
74.49% |
71.81% |
69.17% |
SG&A Expenses to Revenue |
8.32% |
8.97% |
9.78% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
19.10% |
19.75% |
22.13% |
Earnings before Interest and Taxes (EBIT) |
31 |
40 |
41 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
45 |
55 |
57 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.31 |
1.19 |
1.36 |
Price to Tangible Book Value (P/TBV) |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
0.79 |
0.64 |
0.75 |
Price to Earnings (P/E) |
17.74 |
11.67 |
13.77 |
Dividend Yield |
15.06% |
0.00% |
0.00% |
Earnings Yield |
5.64% |
8.57% |
7.26% |
Enterprise Value to Invested Capital (EV/IC) |
1.27 |
1.14 |
1.28 |
Enterprise Value to Revenue (EV/Rev) |
0.89 |
0.80 |
0.90 |
Enterprise Value to EBITDA (EV/EBITDA) |
9.18 |
6.83 |
7.42 |
Enterprise Value to EBIT (EV/EBIT) |
13.62 |
9.49 |
10.29 |
Enterprise Value to NOPAT (EV/NOPAT) |
19.18 |
12.92 |
14.14 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
10.80 |
9.25 |
9.06 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
26.85 |
13.30 |
14.97 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.24 |
0.34 |
0.28 |
Long-Term Debt to Equity |
0.24 |
0.34 |
0.28 |
Financial Leverage |
0.10 |
0.24 |
0.29 |
Leverage Ratio |
2.05 |
2.24 |
2.32 |
Compound Leverage Factor |
1.93 |
1.97 |
1.98 |
Debt to Total Capital |
19.39% |
25.46% |
21.78% |
Short-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
19.39% |
25.46% |
21.78% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
80.61% |
74.54% |
78.22% |
Debt to EBITDA |
1.49 |
1.55 |
1.27 |
Net Debt to EBITDA |
1.04 |
1.42 |
1.23 |
Long-Term Debt to EBITDA |
1.49 |
1.55 |
1.27 |
Debt to NOPAT |
3.12 |
2.94 |
2.42 |
Net Debt to NOPAT |
2.17 |
2.69 |
2.34 |
Long-Term Debt to NOPAT |
3.12 |
2.94 |
2.42 |
Altman Z-Score |
1.57 |
1.47 |
1.60 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
0.55 |
0.35 |
0.26 |
Quick Ratio |
0.45 |
0.24 |
0.16 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
15 |
28 |
28 |
Operating Cash Flow to CapEx |
193.55% |
190.74% |
245.17% |
Free Cash Flow to Firm to Interest Expense |
9.24 |
5.88 |
4.80 |
Operating Cash Flow to Interest Expense |
22.99 |
8.46 |
7.93 |
Operating Cash Flow Less CapEx to Interest Expense |
11.11 |
4.02 |
4.70 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.78 |
0.79 |
0.80 |
Accounts Receivable Turnover |
40.01 |
46.33 |
48.22 |
Inventory Turnover |
147.10 |
154.64 |
170.01 |
Fixed Asset Turnover |
6.09 |
5.76 |
5.56 |
Accounts Payable Turnover |
29.96 |
26.62 |
26.57 |
Days Sales Outstanding (DSO) |
9.12 |
7.88 |
7.57 |
Days Inventory Outstanding (DIO) |
2.48 |
2.36 |
2.15 |
Days Payable Outstanding (DPO) |
12.18 |
13.71 |
13.74 |
Cash Conversion Cycle (CCC) |
-0.58 |
-3.47 |
-4.02 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
329 |
329 |
331 |
Invested Capital Turnover |
1.44 |
1.42 |
1.43 |
Increase / (Decrease) in Invested Capital |
6.20 |
0.85 |
1.67 |
Enterprise Value (EV) |
416 |
377 |
424 |
Market Capitalization |
369 |
298 |
354 |
Book Value per Share |
$7.59 |
$7.61 |
$8.71 |
Tangible Book Value per Share |
($0.79) |
($1.82) |
($1.67) |
Total Capital |
349 |
336 |
333 |
Total Debt |
68 |
86 |
73 |
Total Long-Term Debt |
68 |
86 |
73 |
Net Debt |
47 |
78 |
70 |
Capital Expenditures (CapEx) |
20 |
21 |
19 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
-52 |
-55 |
-58 |
Debt-free Net Working Capital (DFNWC) |
-31 |
-47 |
-56 |
Net Working Capital (NWC) |
-31 |
-47 |
-56 |
Net Nonoperating Expense (NNE) |
0.89 |
3.60 |
4.28 |
Net Nonoperating Obligations (NNO) |
47 |
79 |
70 |
Total Depreciation and Amortization (D&A) |
15 |
15 |
16 |
Debt-free, Cash-free Net Working Capital to Revenue |
-10.97% |
-11.68% |
-12.31% |
Debt-free Net Working Capital to Revenue |
-6.61% |
-10.12% |
-11.79% |
Net Working Capital to Revenue |
-6.61% |
-10.12% |
-11.79% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$0.57 |
$0.75 |
$0.86 |
Adjusted Weighted Average Basic Shares Outstanding |
36.35M |
34.25M |
29.85M |
Adjusted Diluted Earnings per Share |
$0.57 |
$0.74 |
$0.86 |
Adjusted Weighted Average Diluted Shares Outstanding |
36.58M |
34.37M |
30.03M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
36.71M |
31.28M |
29.78M |
Normalized Net Operating Profit after Tax (NOPAT) |
22 |
31 |
30 |
Normalized NOPAT Margin |
4.76% |
6.52% |
6.40% |
Pre Tax Income Margin |
6.15% |
7.44% |
7.46% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
18.22 |
8.25 |
6.98 |
NOPAT to Interest Expense |
12.94 |
6.06 |
5.08 |
EBIT Less CapEx to Interest Expense |
6.34 |
3.82 |
3.75 |
NOPAT Less CapEx to Interest Expense |
1.06 |
1.63 |
1.84 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
267.17% |
0.00% |
0.00% |
Augmented Payout Ratio |
267.17% |
231.73% |
80.03% |