Growth Metrics |
- |
- |
- |
Revenue Growth |
2.44% |
-1.97% |
-3.72% |
EBITDA Growth |
-13.27% |
-6.57% |
-10.28% |
EBIT Growth |
-12.77% |
-8.78% |
-12.11% |
NOPAT Growth |
-10.76% |
-10.22% |
-14.03% |
Net Income Growth |
-15.12% |
-2.61% |
-19.98% |
EPS Growth |
-13.01% |
-1.57% |
-16.80% |
Operating Cash Flow Growth |
-21.75% |
5.10% |
-9.15% |
Free Cash Flow Firm Growth |
-40.13% |
-7.41% |
-27.05% |
Invested Capital Growth |
19.11% |
13.51% |
13.62% |
Revenue Q/Q Growth |
-0.10% |
-0.10% |
-0.76% |
EBITDA Q/Q Growth |
-6.20% |
4.86% |
-4.69% |
EBIT Q/Q Growth |
-6.93% |
5.47% |
-5.67% |
NOPAT Q/Q Growth |
-3.46% |
0.99% |
-6.84% |
Net Income Q/Q Growth |
-8.60% |
7.71% |
-8.48% |
EPS Q/Q Growth |
-7.30% |
7.76% |
-7.96% |
Operating Cash Flow Q/Q Growth |
-9.87% |
10.44% |
-13.34% |
Free Cash Flow Firm Q/Q Growth |
-24.63% |
15.17% |
-27.25% |
Invested Capital Q/Q Growth |
5.21% |
1.33% |
5.59% |
Profitability Metrics |
- |
- |
- |
Gross Margin |
100.00% |
100.00% |
100.00% |
EBITDA Margin |
32.42% |
30.89% |
28.79% |
Operating Margin |
30.71% |
26.95% |
24.60% |
EBIT Margin |
28.93% |
26.92% |
24.58% |
Profit (Net Income) Margin |
20.98% |
20.84% |
17.32% |
Tax Burden Percent |
74.27% |
77.50% |
75.81% |
Interest Burden Percent |
97.63% |
99.90% |
92.98% |
Effective Tax Rate |
25.73% |
22.50% |
24.19% |
Return on Invested Capital (ROIC) |
52.10% |
40.30% |
30.50% |
ROIC Less NNEP Spread (ROIC-NNEP) |
74.55% |
39.91% |
26.49% |
Return on Net Nonoperating Assets (RNNOA) |
-11.68% |
10.90% |
31.27% |
Return on Equity (ROE) |
40.41% |
51.20% |
61.77% |
Cash Return on Invested Capital (CROIC) |
34.65% |
27.64% |
17.75% |
Operating Return on Assets (OROA) |
30.46% |
31.64% |
27.58% |
Return on Assets (ROA) |
22.08% |
24.49% |
19.44% |
Return on Common Equity (ROCE) |
40.41% |
51.20% |
61.77% |
Return on Equity Simple (ROE_SIMPLE) |
44.15% |
63.26% |
79.22% |
Net Operating Profit after Tax (NOPAT) |
35 |
31 |
27 |
NOPAT Margin |
22.81% |
20.89% |
18.65% |
Net Nonoperating Expense Percent (NNEP) |
-22.46% |
0.39% |
4.01% |
Return On Investment Capital (ROIC_SIMPLE) |
36.69% |
36.24% |
28.23% |
Cost of Revenue to Revenue |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
28.17% |
31.38% |
31.39% |
R&D to Revenue |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
69.29% |
73.05% |
75.40% |
Earnings before Interest and Taxes (EBIT) |
44 |
40 |
35 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
49 |
46 |
41 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
12.12 |
19.45 |
13.24 |
Price to Tangible Book Value (P/TBV) |
99.12 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
5.76 |
6.41 |
2.89 |
Price to Earnings (P/E) |
27.45 |
30.74 |
16.71 |
Dividend Yield |
2.38% |
3.82% |
2.72% |
Earnings Yield |
3.64% |
3.25% |
5.98% |
Enterprise Value to Invested Capital (EV/IC) |
12.06 |
11.99 |
5.08 |
Enterprise Value to Revenue (EV/Rev) |
5.74 |
6.61 |
3.31 |
Enterprise Value to EBITDA (EV/EBITDA) |
17.71 |
21.39 |
11.49 |
Enterprise Value to EBIT (EV/EBIT) |
19.84 |
24.55 |
13.46 |
Enterprise Value to NOPAT (EV/NOPAT) |
25.17 |
31.64 |
17.73 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
24.00 |
25.76 |
13.66 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
37.85 |
46.13 |
30.47 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.31 |
0.75 |
2.02 |
Long-Term Debt to Equity |
0.25 |
0.60 |
1.85 |
Financial Leverage |
-0.16 |
0.27 |
1.18 |
Leverage Ratio |
1.83 |
2.09 |
3.18 |
Compound Leverage Factor |
1.79 |
2.09 |
2.95 |
Debt to Total Capital |
23.54% |
42.84% |
66.90% |
Short-Term Debt to Total Capital |
4.77% |
8.42% |
5.64% |
Long-Term Debt to Total Capital |
18.78% |
34.41% |
61.26% |
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 |
76.46% |
57.16% |
33.10% |
Debt to EBITDA |
0.45 |
0.80 |
1.54 |
Net Debt to EBITDA |
-0.06 |
0.65 |
1.43 |
Long-Term Debt to EBITDA |
0.36 |
0.64 |
1.41 |
Debt to NOPAT |
0.64 |
1.18 |
2.37 |
Net Debt to NOPAT |
-0.08 |
0.97 |
2.21 |
Long-Term Debt to NOPAT |
0.51 |
0.95 |
2.17 |
Altman Z-Score |
11.06 |
9.60 |
4.08 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Current Ratio |
1.31 |
0.67 |
0.55 |
Quick Ratio |
1.18 |
0.53 |
0.43 |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
23 |
21 |
16 |
Operating Cash Flow to CapEx |
368.73% |
241.56% |
224.14% |
Free Cash Flow to Firm to Interest Expense |
19.02 |
24.70 |
5.98 |
Operating Cash Flow to Interest Expense |
30.00 |
44.21 |
13.34 |
Operating Cash Flow Less CapEx to Interest Expense |
21.86 |
25.91 |
7.39 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
1.05 |
1.18 |
1.12 |
Accounts Receivable Turnover |
10.75 |
11.07 |
12.21 |
Inventory Turnover |
0.00 |
0.00 |
0.00 |
Fixed Asset Turnover |
10.23 |
6.54 |
4.30 |
Accounts Payable Turnover |
0.00 |
0.00 |
0.00 |
Days Sales Outstanding (DSO) |
33.94 |
32.97 |
29.89 |
Days Inventory Outstanding (DIO) |
0.00 |
0.00 |
0.00 |
Days Payable Outstanding (DPO) |
0.00 |
0.00 |
0.00 |
Cash Conversion Cycle (CCC) |
33.94 |
32.97 |
29.89 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
72 |
82 |
93 |
Invested Capital Turnover |
2.28 |
1.93 |
1.64 |
Increase / (Decrease) in Invested Capital |
12 |
9.75 |
11 |
Enterprise Value (EV) |
870 |
982 |
473 |
Market Capitalization |
873 |
952 |
414 |
Book Value per Share |
$2.92 |
$1.99 |
$1.33 |
Tangible Book Value per Share |
$0.36 |
($0.58) |
($1.60) |
Total Capital |
94 |
86 |
95 |
Total Debt |
22 |
37 |
63 |
Total Long-Term Debt |
18 |
29 |
58 |
Net Debt |
-2.85 |
30 |
59 |
Capital Expenditures (CapEx) |
9.84 |
16 |
15 |
Debt-free, Cash-free Net Working Capital (DFCFNWC) |
-10 |
-11 |
-15 |
Debt-free Net Working Capital (DFNWC) |
15 |
-4.63 |
-11 |
Net Working Capital (NWC) |
10 |
-12 |
-16 |
Net Nonoperating Expense (NNE) |
2.77 |
0.06 |
1.90 |
Net Nonoperating Obligations (NNO) |
0.11 |
33 |
62 |
Total Depreciation and Amortization (D&A) |
5.28 |
5.90 |
6.02 |
Debt-free, Cash-free Net Working Capital to Revenue |
-6.75% |
-7.59% |
-10.60% |
Debt-free Net Working Capital to Revenue |
9.76% |
-3.12% |
-7.64% |
Net Working Capital to Revenue |
6.80% |
-7.97% |
-11.36% |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$1.28 |
$1.26 |
$1.05 |
Adjusted Weighted Average Basic Shares Outstanding |
24.92M |
24.54M |
23.70M |
Adjusted Diluted Earnings per Share |
$1.27 |
$1.25 |
$1.04 |
Adjusted Weighted Average Diluted Shares Outstanding |
25.05M |
24.67M |
23.74M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
24.59M |
23.85M |
22.95M |
Normalized Net Operating Profit after Tax (NOPAT) |
35 |
31 |
27 |
Normalized NOPAT Margin |
22.81% |
20.89% |
18.65% |
Pre Tax Income Margin |
28.25% |
26.90% |
22.85% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
36.27 |
46.41 |
13.55 |
NOPAT to Interest Expense |
28.59 |
36.00 |
10.28 |
EBIT Less CapEx to Interest Expense |
28.14 |
28.10 |
7.60 |
NOPAT Less CapEx to Interest Expense |
20.46 |
17.70 |
4.33 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
65.92% |
117.42% |
46.21% |
Augmented Payout Ratio |
152.76% |
179.09% |
171.08% |