— Know what they know.
Not Investment Advice
Also trades as: AUDAQ (OTC) · $vol 0M

AUD NYSE

Audacy, Inc.
1W: -31.2% 1M: -51.6% 3M: -74.4% 1Y: -96.0% 3Y: -96.5% 5Y: -99.1%
$0.09
Last traded 2023-05-23 — delisted
NYSE · Communication Services · Broadcasting · $16.9M mcap

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE
45.1 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: -34.1%
Cost Advantage
46
Intangibles
70
Switching Cost
35
Network Effect
24
Scale
40
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. AUD shows a Weak competitive edge (45.1/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Intangible Assets. Negative ROIC of -34.1% indicates the company is currently destroying value, though this may reflect a growth investment phase.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
Analyst Recommendations
Strong Buy: 0Buy: 1Hold: 1Sell: 1Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$—
Analysts0
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2022-07-15 Guggenheim — Initiated $2 — +219.9% $0.63
2022-05-10 Wells Fargo — Initiated $2 — -1.5% $2.03

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 15 Grade D
Profitability
27
Balance Sheet
20
Earnings Quality
23
Growth
27
Value
23
Momentum
31
Safety
0
Cash Flow
30
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. AUD scores highest in Momentum (31/100) and lowest in Safety (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
-2.41
Distress Zone
Piotroski F-Score
5/9
✗ ✗ ✗ ✓ ✓ ✓ ✗ ✓ ✓
Beneish M-Score
-5.14
Unlikely Manipulator
Ohlson O-Score
-2.20
Bankruptcy prob: 10.0%
Low Risk
Credit Rating
B-
Score: 20.0/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: 0.10x
Accruals: -27.0%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. AUD scores -2.41, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. AUD scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. AUD's score of -5.14 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. AUD's implied 10.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. AUD receives an estimated rating of B- (score: 20.0/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
-1.46x
PEG
0.00x
P/S
0.05x
P/B
-2.69x
P/FCF
-3.07x
P/OCF
—
EV/EBITDA
-0.62x
EV/Revenue
0.43x
EV/EBIT
-0.57x
EV/FCF
-5.05x
Earnings Yield
-251.63%
FCF Yield
-32.58%
Shareholder Yield
0.00%
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. AUD currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.686
NI / EBT
×
Interest Burden
1.268
EBT / EBIT
×
EBIT Margin
-0.750
EBIT / Rev
×
Asset Turnover
0.458
Rev / Assets
×
Equity Multiplier
-46.935
Assets / Equity
=
ROE
1402.6%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. AUD's ROE of 1402.6% is driven by Asset Turnover (0.458), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$0.06
Median 1Y
$0.02
5th Pctile
$0.01
95th Pctile
$0.09
Ann. Volatility
84.4%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
ROE -23.3% -22.6% -21.0% -20.6% -37.9% -39.3% -47.3% -52.3% -31.7% -34.1% -27.6% -26.2% -0.6% 1.1% 0.8% -23.2% -24.0% -29.3% -58.4% 14.0% 14.03%
ROA -8.4% -8.0% -7.4% -7.3% -11.0% -11.0% -13.2% -14.8% -7.0% -7.3% -5.7% -5.5% -0.1% 0.2% 0.1% -4.0% -4.2% -5.0% -34.2% -29.9% -29.88%
ROIC -6.8% -5.8% -4.8% -4.8% -7.7% -8.5% -11.9% -14.3% -7.3% -8.0% -6.0% -5.1% 2.6% 1.5% 1.1% 3.0% 2.0% 1.2% 9.0% -34.1% -34.05%
ROCE -4.4% -4.1% -4.1% -3.8% -8.2% -8.3% -11.3% -14.5% -6.6% -7.8% -5.9% -4.9% 2.7% 3.5% 3.5% 3.3% 7.4% 6.8% 3.0% -51.9% -51.89%
Gross Margin 30.0% 19.4% 26.7% 29.3% 31.1% 15.8% -7.7% 14.8% 25.0% 11.7% 19.4% 20.8% 25.1% 17.5% 18.6% 18.0% 17.1% 9.9% 24.9% 1.0% 1.00%
Operating Margin -91.8% 9.8% 17.0% 20.6% -1.1% 3.8% -25.7% -0.1% -64.1% -3.4% 5.9% 8.9% 14.0% 3.1% 7.3% 5.5% 4.8% -6.6% 48.9% 11.2% 11.20%
Net Margin -94.1% 1.0% 6.8% 9.9% -1.2% -3.1% -30.6% -6.3% -50.8% -9.0% 0.5% -1.4% 6.2% -4.0% -0.2% -44.5% 3.6% -13.8% -2.4% -0.7% -0.71%
EBITDA Margin -86.8% 12.6% 19.4% 24.2% -1.1% 10.0% -13.6% 4.5% -54.3% -2.1% 11.8% 12.3% 19.4% 8.0% 11.9% 11.3% 57.5% 2.0% -3.3% 8.0% 8.00%
FCF Margin 4.1% 3.2% 4.2% 2.3% 3.6% 4.6% 8.3% 6.4% 5.1% 3.2% -0.5% 0.1% -1.4% -4.2% -5.8% -9.2% -6.4% -9.5% -9.2% -8.4% -8.44%
OCF Margin 7.0% 6.9% 8.5% 7.6% 8.9% 9.1% 12.5% 9.5% 8.0% 6.1% 2.6% 4.1% 4.9% 2.4% 2.4% -0.5% 0.0% -3.0% -5.3% -6.3% -6.34%
ROA 3Y Avg snapshot only -16.71%
ROIC Economic snapshot only -42.38%
Cash ROA snapshot only -3.94%
NOPAT Margin snapshot only 12.16%
Pretax Margin snapshot only -95.10%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 10.52%
SBC / Revenue snapshot only 0.50%
Valuation
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
P/E Ratio — — — — — — — — — — — — — — — — — — -0.33 -0.40 -1.462
P/S Ratio — — — — — — — — — — — — — — — — — — 0.25 0.26 0.054
P/B Ratio — — — — — — — — — — — — — — — — — — -0.49 -0.49 -2.689
P/FCF — — — — — — — — — — — — — — — — — — -2.67 -3.07 -3.069
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA — — — — — — — — — — — — — — — — — — -3.04 -0.62 -0.624
EV/Revenue — — — — — — — — — — — — — — — — — — 1.95 0.43 0.427
EV/EBIT — — — — — — — — — — — — — — — — — — -2.77 -0.57 -0.569
EV/FCF — — — — — — — — — — — — — — — — — — -21.10 -5.05 -5.052
Earnings Yield — — — — — — — — — — — — — — — — — — -3.0% -2.5% -2.52%
FCF Yield — — — — — — — — — — — — — — — — — — -37.4% -32.6% -32.58%
PEG Ratio snapshot only 0.000
EV/Gross Profit snapshot only 1.183
Acquirers Multiple snapshot only 2.772
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Current Ratio 3.13 1.85 1.87 1.92 2.02 2.70 2.85 1.68 1.83 1.72 1.76 1.73 1.73 1.66 1.80 1.98 2.10 2.03 0.18 2.12 2.119
Quick Ratio 3.13 1.85 1.87 1.92 2.02 2.70 2.85 1.68 1.83 1.72 1.76 1.73 1.73 1.66 1.80 1.98 2.10 2.03 0.18 2.12 2.119
Debt/Equity 1.40 1.51 1.49 1.48 2.27 2.42 2.57 2.40 3.05 3.15 3.16 3.19 3.16 3.15 3.22 4.13 4.07 4.37 -3.52 -0.49 -0.491
Net Debt/Equity 1.31 1.45 1.47 1.45 2.25 2.20 2.31 2.36 3.00 3.07 3.09 3.09 3.07 3.10 3.15 4.06 3.87 4.20 — — —
Debt/Assets 0.47 0.49 0.49 0.48 0.55 0.56 0.58 0.56 0.60 0.60 0.60 0.60 0.60 0.60 0.61 0.65 0.64 0.66 1.14 0.16 0.160
Debt/EBITDA -11.05 -12.78 -12.48 -13.45 -8.45 -8.55 -6.10 -4.53 -12.63 -10.35 -15.20 -19.61 14.90 12.27 12.39 12.88 7.24 7.70 -2.74 -0.38 -0.377
Net Debt/EBITDA -10.33 -12.34 -12.29 -13.15 -8.36 -7.78 -5.50 -4.45 -12.44 -10.08 -14.86 -18.99 14.47 12.06 12.15 12.66 6.89 7.39 -2.65 -0.24 -0.245
Interest Coverage -1.66 -1.53 -1.59 -1.50 -2.82 -2.98 -4.12 -5.24 -2.37 -2.84 -2.16 -1.80 0.96 1.21 1.20 1.02 2.13 1.79 -6.79 -8.45 -8.448
Equity Multiplier 3.01 3.08 3.06 3.06 4.13 4.29 4.44 4.32 5.10 5.25 5.27 5.36 5.25 5.24 5.27 6.38 6.31 6.65 -3.09 -3.07 -3.071
Cash Ratio snapshot only 0.546
Debt Service Coverage snapshot only -7.697
Cash to Debt snapshot only 0.350
FCF to Debt snapshot only -0.328
Defensive Interval snapshot only 328.1 days
Efficiency & Turnover
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Asset Turnover 0.34 0.34 0.34 0.34 0.39 0.38 0.33 0.30 0.31 0.29 0.33 0.35 0.36 0.38 0.38 0.38 0.37 0.37 0.46 0.46 0.458
Inventory Turnover — — — — — — — — — — — — — — — — — — — — —
Receivables Turnover 4.27 5.43 4.71 4.37 4.13 5.18 4.85 3.87 3.24 3.95 5.11 4.73 4.42 5.74 5.00 4.67 4.67 5.52 4.73 4.77 4.774
Payables Turnover 895.18 465.41 200.20 395.40 277.94 281.64 111.18 135.51 91.99 134.71 92.16 65.15 59.80 55.01 72.76 54.06 62.66 55.29 52.73 60.60 60.600
DSO 85 67 78 84 88 70 75 94 113 92 71 77 83 64 73 78 78 66 77 76 76.5 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 0 1 2 1 1 1 3 3 4 3 4 6 6 7 5 7 6 7 7 6 6.0 days
Cash Conversion Cycle 85 66 76 83 87 69 72 92 109 90 68 72 77 57 68 71 72 59 70 70 70.4 days
Fixed Asset Turnover snapshot only 2.472
Cash Velocity snapshot only 11.089
Capital Intensity snapshot only 1.611
Growth (YoY)
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Revenue 1.5% 85.2% 42.0% 14.6% 1.9% 0.5% -13.9% -22.3% -28.8% -32.0% -11.0% 3.3% 14.9% 24.8% 12.0% 5.2% 2.8% -1.3% -3.1% -6.5% -6.48%
Net Income -2.5% -2.5% -2.4% -2.2% -16.3% -25.6% -59.6% -77.5% 42.4% 41.1% 61.1% 67.0% 98.5% 1.0% 1.0% 29.9% -38.4% -24.6% -189.5% -4.8% -4.83%
EPS -2.0% -2.5% -2.4% -2.3% -19.8% -28.9% -64.7% -79.8% 42.6% 41.3% 61.9% 67.3% 98.6% 1.0% 1.0% 31.6% -38.2% -24.1% -6.5% 82.8% 82.81%
FCF 6.6% -26.7% 2.8% -45.2% -10.2% 44.1% 70.7% 1.1% 0.2% -51.6% -1.1% -99.1% -1.3% -2.6% -12.9% -173.4% -3.6% -1.2% -54.4% 14.3% 14.33%
EBITDA -3.2% -2.4% -2.0% -1.7% -40.0% -57.0% -1.1% -1.8% 34.4% 22.8% 62.1% 76.0% 1.9% 1.9% 2.3% 2.6% 1.1% 66.7% -5.7% -5.9% -5.94%
Op. Income -22.1% -8.2% -5.6% -2.9% -5.7% -24.5% -1.0% -1.4% 14.9% 13.8% 52.3% 66.1% 1.4% 1.4% 1.6% 1.6% -24.9% -61.7% 54.8% 86.0% 86.00%
OCF Growth snapshot only -11.52%
Asset Growth snapshot only -41.54%
Equity Growth snapshot only -2.22%
Debt Growth snapshot only -85.56%
Shares Change snapshot only 32.94%
Growth (CAGR)
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Revenue 3Y 52.6% 50.8% 48.8% 48.4% 47.9% 47.4% 39.8% 35.2% 21.5% 8.1% 2.9% -2.7% -5.9% -5.2% -5.0% -5.5% -5.6% -5.7% -1.1% 0.6% 0.56%
Revenue 5Y 31.1% 31.3% 31.5% 31.5% 31.4% 31.2% 27.3% 23.9% 20.9% 18.5% 20.3% 21.3% 21.5% 22.1% 22.2% 21.8% 16.2% 9.3% 3.4% -2.0% -1.97%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — -39.5% -41.4% — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — -22.0% -24.7% — — — — — —
EBITDA 3Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 5Y — — — — — — — — — — — — 10.5% 18.2% 20.0% 21.3% 31.1% 19.2% — — —
Gross Profit 3Y 43.2% 43.2% 41.2% 41.5% 41.8% 41.1% 26.8% 15.2% 0.8% -8.0% -4.1% -7.6% -12.6% -11.5% -11.9% -14.2% -17.9% -19.9% -7.4% 28.0% 28.00%
Gross Profit 5Y 23.8% 24.8% 25.8% 27.0% 27.3% 26.7% 18.5% 10.8% 4.4% 0.8% 8.7% 10.9% 11.4% 13.6% 14.2% 13.7% 8.3% 3.1% -1.4% 7.2% 7.21%
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — -2.3% 8.7% 13.8% 16.7% 39.0% 3.6% 30.6% 10.5% 10.52%
FCF 3Y 1.5% -9.5% -1.8% -20.2% -5.5% 14.7% 28.4% 33.9% 90.1% -20.1% — -77.9% — — — — — — — — —
FCF 5Y 0.5% -4.7% 0.6% -9.6% -0.9% 4.2% 16.9% 6.8% -1.2% -12.4% — -60.2% — — — — — — — — —
OCF 3Y 16.4% 13.9% 21.7% 15.9% 22.4% 35.5% 36.5% 33.1% 43.1% -11.9% -16.3% -20.4% -16.6% -33.0% -37.6% — -84.0% — — — —
OCF 5Y 10.0% 9.6% 13.5% 11.8% 15.1% 16.2% 22.9% 12.8% 5.6% -2.5% -16.0% -7.7% -3.8% -10.7% -13.4% — -54.9% — — — —
Assets 3Y 57.9% 59.7% 59.6% 60.3% 50.2% 54.7% 52.3% 49.4% -10.2% -9.8% -9.8% -9.5% -5.2% -6.3% -6.2% -8.2% -3.4% -4.7% -19.4% -18.3% -18.30%
Assets 5Y 34.5% 35.6% 35.3% 35.4% 31.5% 32.0% 31.0% 27.6% 26.3% 26.7% 26.7% 27.0% 26.0% 27.3% 27.0% 25.5% -6.3% -6.3% -15.9% -16.1% -16.06%
Equity 3Y 54.5% 54.0% 53.4% 52.8% 30.9% 31.2% 28.1% 28.0% -28.5% -28.7% -28.4% -28.8% -21.2% -21.5% -21.7% -28.2% -16.1% -17.7% — — —
Book Value 3Y 3.1% 1.1% 2.2% 2.7% -12.7% -13.3% -14.8% -14.8% -37.5% -28.0% -28.1% -28.3% -21.2% -21.5% -21.6% -28.7% -17.0% -18.9% — — —
Dividend 3Y -22.6% -29.8% -33.4% -38.1% -43.5% -50.8% -63.8% -65.9% -61.0% — — — — — — — — — — — —
Growth Quality
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Revenue Stability 0.56 0.67 0.74 0.74 0.77 0.84 0.80 0.66 0.54 0.50 0.56 0.44 0.31 0.30 0.41 0.43 0.38 0.26 0.46 0.25 0.245
Earnings Stability 0.13 0.13 0.12 0.09 0.45 0.46 0.48 0.47 0.47 0.49 0.43 0.40 0.13 0.12 0.10 0.19 0.02 0.03 0.34 0.39 0.389
Margin Stability 0.87 0.84 0.86 0.87 0.89 0.86 0.84 0.80 0.76 0.73 0.81 0.77 0.73 0.72 0.81 0.79 0.75 0.74 0.90 0.68 0.681
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 0.00 0.00 0.00 0.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.000
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0
Earnings Persistence 0.20 0.20 0.20 0.20 0.50 0.50 0.50 0.50 0.83 0.84 0.50 0.50 0.50 0.20 0.20 0.88 0.50 0.20 0.20 0.50 0.500
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend -0.39 -0.36 -0.33 -0.32 -0.41 -0.43 -0.57 -0.66 -0.00 -0.03 0.11 0.17 0.42 0.46 0.48 0.24 -0.08 -0.14 — — —
Gross Margin Trend -0.03 -0.00 0.00 0.01 0.02 0.03 -0.03 -0.07 -0.12 -0.13 -0.06 -0.02 -0.01 0.01 0.01 0.01 0.01 -0.01 -0.02 0.16 0.162
FCF Margin Trend -0.04 -0.06 -0.02 -0.03 0.01 -0.01 0.05 0.03 0.01 -0.01 -0.07 -0.04 -0.06 -0.08 -0.10 -0.12 -0.08 -0.09 -0.06 -0.04 -0.039
Sustainable Growth Rate — — — — — — — — — — — — — 1.1% 0.8% — — — — — —
Internal Growth Rate — — — — — — — — — — — — — 0.2% 0.1% — — — — — —
Cash Flow Quality
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
OCF/Net Income -0.28 -0.30 -0.39 -0.36 -0.31 -0.31 -0.31 -0.19 -0.35 -0.24 -0.15 -0.26 -16.60 4.38 6.34 0.05 -0.00 0.23 0.07 0.10 0.097
FCF/OCF 0.59 0.46 0.49 0.30 0.41 0.50 0.66 0.67 0.64 0.53 -0.18 0.01 -0.29 -1.73 -2.42 19.46 -148.12 3.14 1.74 1.33 1.331
FCF/Net Income snapshot only 0.129
CapEx/Revenue 2.9% 3.8% 4.3% 5.3% 5.2% 4.5% 4.2% 3.1% 2.9% 2.8% 3.0% 4.0% 6.3% 6.7% 8.2% 8.7% 6.4% 6.5% 3.9% 2.1% 2.10%
CapEx/Depreciation snapshot only 0.315
Accruals Ratio -0.11 -0.10 -0.10 -0.10 -0.14 -0.14 -0.17 -0.18 -0.09 -0.09 -0.07 -0.07 -0.02 -0.01 -0.01 -0.04 -0.04 -0.04 -0.32 -0.27 -0.270
Sloan Accruals snapshot only -0.021
Cash Flow Adequacy snapshot only -3.017
Dividends & Buybacks
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Dividend Yield — — — — — — — — — — — — — — — — — — 0.0% 0.0% 0.00%
Dividend/Share $0.36 $0.36 $0.36 $0.29 $0.23 $0.15 $0.06 $0.04 $0.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio — — — — — — — — — — — — — 0.0% 0.0% — — — — — —
FCF Payout Ratio 82.3% 1.1% 80.7% 1.2% 55.8% 30.5% 7.6% 7.3% 4.9% 0.0% — 0.0% — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — — — 0.0% 0.0% — — — — — —
Div. Increase Streak 1 1 0 0 0 0 0 0 0 — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield — — — — — — — — — — — — — — — — — — 0.0% 0.0% 0.00%
Net Buyback Yield — — — — — — — — — — — — — — — — — — 0.0% 0.0% 0.00%
Total Shareholder Return — — — — — — — — — — — — — — — — — — 0.0% 0.0% 0.00%
DuPont Factors
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Tax Burden (NI/EBT) 0.99 1.00 1.04 1.04 1.10 1.08 1.01 0.98 0.74 0.72 0.70 0.73 0.94 0.37 0.26 0.78 0.78 0.79 0.70 0.69 0.686
Interest Burden (EBT/EBIT) 2.19 2.18 1.90 2.01 1.36 1.37 1.29 1.22 1.58 1.47 1.57 1.68 -0.04 0.17 0.16 -1.65 -0.80 -1.02 1.50 1.27 1.268
EBIT Margin -0.11 -0.11 -0.11 -0.10 -0.19 -0.20 -0.31 -0.41 -0.19 -0.24 -0.16 -0.13 0.07 0.09 0.09 0.08 0.18 0.17 -0.70 -0.75 -0.750
Asset Turnover 0.34 0.34 0.34 0.34 0.39 0.38 0.33 0.30 0.31 0.29 0.33 0.35 0.36 0.38 0.38 0.38 0.37 0.37 0.46 0.46 0.458
Equity Multiplier 2.76 2.81 2.82 2.81 3.46 3.56 3.58 3.53 4.54 4.69 4.80 4.77 5.17 5.25 5.27 5.82 5.72 5.85 171.00 -46.93 -46.935
Per Share
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
EPS (Diluted TTM) $-2.62 $-2.49 $-2.31 $-2.34 $-3.14 $-3.21 $-3.80 $-4.21 $-1.80 $-1.88 $-1.45 $-1.38 $-0.03 $0.05 $0.03 $-0.94 $-1.01 $-1.17 $-0.19 $-0.16 $-0.16
Book Value/Share $9.67 $9.61 $9.69 $10.02 $6.58 $6.45 $6.07 $5.96 $4.79 $4.61 $4.56 $4.62 $4.73 $4.66 $4.66 $3.64 $3.75 $3.44 $-0.13 $-0.13 $-0.03
Tangible Book/Share $-12.85 $-12.29 $-12.28 $-12.46 $-12.75 $-12.47 $-12.83 $-12.85 $-12.50 $-12.46 $-12.38 $-12.56 $-12.69 $-12.24 $-12.19 $-11.80 $-12.69 $-11.78 $-0.14 $-0.14 $-0.14
Revenue/Share $10.60 $10.62 $10.64 $10.90 $11.12 $10.96 $9.44 $8.58 $7.88 $7.42 $8.22 $8.79 $8.84 $9.08 $9.16 $9.02 $9.04 $8.77 $0.26 $0.25 $0.07
FCF/Share $0.44 $0.34 $0.44 $0.25 $0.41 $0.50 $0.78 $0.54 $0.40 $0.24 $-0.04 $0.00 $-0.13 $-0.39 $-0.53 $-0.83 $-0.58 $-0.83 $-0.02 $-0.02 $-0.01
OCF/Share $0.74 $0.74 $0.90 $0.83 $0.99 $1.00 $1.18 $0.81 $0.63 $0.45 $0.21 $0.36 $0.43 $0.22 $0.22 $-0.04 $0.00 $-0.26 $-0.01 $-0.02 $-0.00
Cash/Share $0.89 $0.49 $0.22 $0.33 $0.15 $1.40 $1.54 $0.24 $0.23 $0.38 $0.32 $0.46 $0.43 $0.26 $0.29 $0.26 $0.75 $0.59 $0.02 $0.02 $0.00
EBITDA/Share $-1.23 $-1.13 $-1.16 $-1.10 $-1.77 $-1.83 $-2.55 $-3.16 $-1.16 $-1.41 $-0.95 $-0.75 $1.00 $1.20 $1.21 $1.17 $2.11 $1.95 $-0.17 $-0.17 $-0.17
Debt/Share $13.56 $14.48 $14.44 $14.83 $14.94 $15.62 $15.58 $14.30 $14.60 $14.54 $14.41 $14.73 $14.94 $14.69 $15.00 $15.04 $15.27 $15.04 $0.46 $0.06 $0.06
Net Debt/Share $12.67 $13.98 $14.22 $14.50 $14.79 $14.21 $14.04 $14.06 $14.37 $14.16 $14.08 $14.27 $14.51 $14.43 $14.70 $14.78 $14.53 $14.45 $0.44 $0.04 $0.04
Academic Models
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — -2.406
Altman Z-Prime snapshot only -6.209
Piotroski F-Score 5 6 5 5 5 5 4 3 3 3 4 6 5 6 6 4 4 3 3 5 5
Beneish M-Score -2.88 -3.21 -2.99 -2.98 -3.29 -3.00 -5.99 -3.30 -3.12 -3.19 -3.24 -2.90 -2.54 -2.59 -2.43 -2.59 -2.51 -2.31 -5.24 -5.14 -5.142
Ohlson O-Score snapshot only -2.201
Net-Net WC snapshot only $-0.44
Credit
Metric Trend Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q4'23 Q1'24 Current
Credit Rating snapshot only B-
Credit Score 44.55 42.44 41.74 43.76 42.08 44.77 45.29 41.62 40.24 38.61 36.14 37.24 30.70 33.96 33.73 33.90 44.19 41.75 13.48 20.00 20.000
Credit Grade snapshot only 16
Credit Trend snapshot only -13.903
Implied Spread (bps) snapshot only 900.000
Industry Credit Rank snapshot only 29
Sector Credit Rank snapshot only 19

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