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Not Investment Advice

GBT NASDAQ

Global Blood Therapeutics, Inc.
1W: +0.5% 1M: +1.0% 3M: +104.5% 1Y: +162.2% 3Y: +39.8% 5Y: +120.9%
$68.49
Last traded 2022-10-04 — delisted
NASDAQ · Healthcare · Biotechnology

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: Cost Advantage  ·  ROIC: -90.5%  ·  5Y Avg: 335.1%
Cost Advantage ★
54
Intangibles
45
Switching Cost
47
Network Effect
47
Scale
28
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. GBT shows a Weak competitive edge (45.1/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Cost Advantage. Negative ROIC of -90.5% 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: 18Hold: 11Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$—
Analysts0
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2022-02-15 Goldman Sachs Paul Choi Initiated $69 — +100.3% $34.44
2022-02-07 Jefferies Akash Tewari Initiated $68 — +134.2% $29.04
2022-01-06 Wells Fargo Yanan Zhu Initiated $70 — +144.5% $28.63
2021-12-16 Piper Sandler Joseph Catanzaro Initiated $40 — +30.9% $30.55
2021-08-03 Truist Financial Joon Lee Initiated $50 — +55.0% $32.26
2021-06-27 J.P. Morgan Tessa Romero Initiated $36 — +8.5% $33.19
2021-05-05 Canaccord Genuity John Newman Initiated $40 — +4.6% $38.23

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.

★ ★ ★ ★ ★ 19 Grade D
Profitability
20
Balance Sheet
24
Earnings Quality
49
Growth
54
Value
27
Momentum
51
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. GBT scores highest in Growth (54/100) 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
-0.77
Distress Zone
Piotroski F-Score
2/9
✗ ✗ ✗ ✓ ✗ ✗ ✗ ✗ ✓
Beneish M-Score
8.32
Possible Manipulator
Ohlson O-Score
-3.54
Bankruptcy prob: 2.8%
Low Risk
Credit Rating
B-
Score: 21.7/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: 0.76x
Accruals: -10.4%
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. GBT scores -0.77, 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. GBT scores 2/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. 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. GBT's score of 8.32 exceeds the −1.78 red flag threshold — this does not confirm manipulation but indicates the earnings profile resembles past manipulators statistically. 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. GBT's implied 2.8% 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. GBT receives an estimated rating of B- (score: 21.7/100), 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
-14.21x
PEG
0.88x
P/S
0.00x
P/B
21.94x
P/FCF
-8.34x
P/OCF
—
EV/EBITDA
-7.77x
EV/Revenue
9.52x
EV/EBIT
-7.53x
EV/FCF
-8.90x
Earnings Yield
-15.57%
FCF Yield
-11.99%
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. GBT 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
1.015
NI / EBT
×
Interest Burden
1.083
EBT / EBIT
×
EBIT Margin
-1.264
EBIT / Rev
×
Asset Turnover
0.316
Rev / Assets
×
Equity Multiplier
3.422
Assets / Equity
=
ROE
-150.4%
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. GBT's ROE of -150.4% is driven by financial leverage (equity multiplier: 3.42x). Note: high leverage means ROE is amplified by debt rather than operational performance. A tax burden ratio of 1.01 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

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
$68.49
Median 1Y
$56.36
5th Pctile
$17.77
95th Pctile
$179.35
Ann. Volatility
72.1%
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 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
ROE -44.0% -46.3% -32.2% -38.5% -45.5% -39.1% -33.2% -32.8% -38.9% -46.3% -53.9% -47.7% -50.5% -49.8% -56.3% -65.6% -72.4% -1.0% -1.3% -1.5% -1.50%
ROA -40.5% -41.9% -30.4% -36.1% -41.9% -35.8% -30.6% -30.4% -35.5% -37.7% -43.0% -38.4% -39.7% -32.6% -35.9% -39.8% -42.7% -36.9% -41.3% -43.9% -43.94%
ROIC -2.1% -23.7% 18.8% -2.8% -1.5% -1.5% -1.2% -2.3% -2.3% -5.0% -3.5% -7.2% -52.5% -21.5% -1.7% -1.8% -1.4% -1.3% -95.5% -90.5% -90.51%
ROCE -10.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -10.4% -18.6% -29.2% -36.9% -40.3% -46.8% -49.3% -33.7% -36.6% -38.2% -38.20%
Gross Margin — — — — — — — — — 97.7% 99.0% 98.8% 98.6% 97.7% 98.5% 98.4% 98.4% 97.9% 98.1% 98.0% 98.03%
Operating Margin — — — — — — — — — -47.1% -5.2% -1.7% -1.6% -1.4% -1.8% -1.4% -1.3% -1.5% -1.3% -1.0% -1.03%
Net Margin — — — — — — — — — -45.5% -5.2% -1.7% -1.6% -1.5% -1.9% -1.5% -1.4% -1.6% -1.5% -1.2% -1.15%
EBITDA Margin — — — — — — — — — -44.0% -4.8% -1.5% -1.5% -1.4% -1.8% -1.3% -1.3% -1.4% -1.3% -1.0% -1.00%
FCF Margin — — — — — — — — — -93.9% -14.7% -5.2% -2.8% -1.8% -1.5% -1.3% -1.3% -1.3% -1.2% -1.1% -1.07%
OCF Margin — — — — — — — — — -92.2% -14.3% -5.1% -2.7% -1.7% -1.4% -1.3% -1.3% -1.3% -1.2% -1.1% -1.06%
ROE 3Y Avg snapshot only -1.39%
ROE 5Y Avg snapshot only -95.19%
ROA 3Y Avg snapshot only -40.16%
ROIC Economic snapshot only -30.43%
Cash ROA snapshot only -28.65%
Cash ROIC snapshot only -96.07%
CROIC snapshot only -96.82%
NOPAT Margin snapshot only -1.00%
Pretax Margin snapshot only -1.37%
R&D / Revenue snapshot only 96.70%
SGA / Revenue snapshot only 1.29%
SBC / Revenue snapshot only 32.56%
Valuation
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
P/E Ratio -13.04 -14.73 -17.06 -15.41 -11.90 -12.48 -16.39 -14.98 -13.25 -17.98 -10.68 -13.47 -12.05 -10.82 -10.14 -8.20 -5.78 -6.15 -7.16 -6.42 -14.210
P/S Ratio — — — — — — — — — 2275.80 191.40 80.84 40.12 21.64 17.02 13.24 8.91 9.69 10.65 8.92 0.000
P/B Ratio 5.20 5.41 4.29 4.62 4.19 3.80 5.35 4.22 4.43 8.29 5.93 7.78 7.42 6.44 6.97 6.91 5.20 9.61 16.76 17.71 21.943
P/FCF -14.97 -17.93 -20.85 -18.32 -14.82 -15.51 -20.77 -20.54 -17.49 -24.24 -13.01 -15.49 -14.41 -12.14 -11.51 -10.10 -6.66 -7.26 -8.92 -8.34 -8.338
P/OCF — — — — — — — — — — — — — — — — — — — — —
EV/EBITDA -11.06 -12.21 -13.22 -12.56 -9.78 -10.01 -14.51 -12.27 -11.07 -16.60 -9.54 -12.57 -11.16 -10.01 -9.99 -8.07 -5.70 -6.69 -8.40 -7.77 -7.769
EV/Revenue — — — — — — — — — 2022.22 163.39 71.13 34.77 18.35 15.33 11.99 8.04 9.56 11.15 9.52 9.525
EV/EBIT -40.93 — — — — — — — — — -37.49 -27.99 -16.45 -9.55 -9.57 -7.79 -5.50 -6.49 -8.14 -7.53 -7.534
EV/FCF -12.52 -14.66 -15.94 -14.69 -11.95 -12.10 -17.76 -16.17 -14.02 -21.54 -11.11 -13.63 -12.49 -10.30 -10.37 -9.14 -6.01 -7.16 -9.34 -8.90 -8.900
Earnings Yield -7.7% -6.8% -5.9% -6.5% -8.4% -8.0% -6.1% -6.7% -7.5% -5.6% -9.4% -7.4% -8.3% -9.2% -9.9% -12.2% -17.3% -16.3% -14.0% -15.6% -15.57%
FCF Yield -6.7% -5.6% -4.8% -5.5% -6.7% -6.4% -4.8% -4.9% -5.7% -4.1% -7.7% -6.5% -6.9% -8.2% -8.7% -9.9% -15.0% -13.8% -11.2% -12.0% -11.99%
PEG Ratio snapshot only 0.881
Price/Tangible Book snapshot only 17.707
EV/Gross Profit snapshot only 9.709
Shareholder Yield snapshot only 0.00%
Leverage & Solvency
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Current Ratio 14.05 12.35 23.12 22.06 14.56 14.38 14.51 16.79 14.95 8.79 9.07 8.56 7.63 8.00 9.47 7.22 6.60 9.11 8.52 6.88 6.875
Quick Ratio 14.05 12.35 23.12 22.06 14.56 14.38 14.51 16.79 14.95 8.77 8.83 8.17 7.20 7.49 8.75 6.56 5.91 8.45 7.74 6.17 6.168
Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.04 0.04 0.13 0.15 0.16 0.17 0.37 0.64 0.73 0.75 3.36 4.92 5.56 5.563
Net Debt/Equity -0.85 -0.99 -1.01 -0.91 -0.81 -0.83 -0.78 -0.90 -0.88 -0.92 -0.87 -0.93 -0.99 -0.98 -0.69 -0.65 -0.51 -0.13 0.79 1.19 1.193
Debt/Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.03 0.03 0.09 0.10 0.11 0.11 0.21 0.36 0.38 0.38 0.70 0.76 0.76 0.756
Debt/EBITDA -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.15 -0.13 -0.12 -0.29 -0.27 -0.29 -0.30 -0.68 -1.02 -0.94 -0.91 -2.37 -2.35 -2.29 -2.287
Net Debt/EBITDA 2.16 2.73 4.07 3.10 2.35 2.82 2.46 3.32 2.74 2.08 1.64 1.72 1.72 1.79 1.10 0.84 0.61 0.09 -0.38 -0.49 -0.490
Interest Coverage — — — — — — — — — — -30.56 -26.39 -25.97 -24.24 -21.30 -20.16 -18.81 -18.57 -14.46 -12.02 -12.017
Equity Multiplier 1.10 1.12 1.07 1.06 1.08 1.08 1.10 1.09 1.11 1.38 1.42 1.46 1.51 1.74 1.79 1.95 1.97 4.78 6.49 7.35 7.354
Cash Ratio snapshot only 5.555
Debt Service Coverage snapshot only -11.654
Cash to Debt snapshot only 0.785
FCF to Debt snapshot only -0.382
Defensive Interval snapshot only 376.9 days
Efficiency & Turnover
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Asset Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.06 0.12 0.16 0.21 0.25 0.28 0.23 0.28 0.32 0.316
Inventory Turnover — — — — — — — — — 0.08 0.02 0.04 0.06 0.10 0.09 0.07 0.07 0.07 0.07 0.08 0.078
Receivables Turnover — — — — — — — — — 1.60 7.09 7.65 11.98 12.30 13.02 10.29 9.46 8.41 9.17 9.53 9.526
Payables Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.09 0.14 0.13 0.20 0.38 0.38 0.19 0.48 0.51 0.510
DSO — — — — — — — — — 228 51 48 30 30 28 35 39 43 40 38 38.3 days
DIO — — — — — — — — — 4855 14886 8908 5750 3814 4287 4899 4986 5417 5023 4665 4665.3 days
DPO — — — — — — — — — 63369 20985 4056 2554 2729 1804 968 966 1881 761 716 715.7 days
Cash Conversion Cycle — — — — — — — — — -58286 -6047 4900 3227 1114 2510 3966 4059 3579 4301 3988 3987.9 days
Fixed Asset Turnover snapshot only 2.976
Operating Cycle snapshot only 4703.6 days
Cash Velocity snapshot only 0.454
Capital Intensity snapshot only 3.706
Growth (YoY)
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Revenue — — — — — — — — — — — — — 57.7% 8.2% 2.5% 1.1% 57.3% 41.8% 42.5% 42.53%
Net Income -45.4% -41.9% -51.6% -59.0% -61.4% -48.9% -34.2% -30.8% -32.3% -53.1% -60.2% -44.3% -28.1% 7.2% 14.2% 7.0% 1.6% -24.0% -25.7% -22.6% -22.60%
EPS -22.2% -18.5% -24.2% -32.4% -34.2% -23.1% -14.0% -19.7% -14.6% -34.4% -48.2% -33.5% -25.0% 9.4% 16.1% 8.8% 3.7% -18.9% -20.4% -16.5% -16.47%
FCF -53.0% -39.2% -44.0% -55.9% -48.7% -45.9% -29.5% -13.4% -25.0% -41.1% -66.5% -72.0% -41.3% -11.5% 7.9% 13.2% -2.2% -17.9% -14.5% -16.3% -16.31%
EBITDA -45.7% -42.0% -52.2% -58.7% -60.6% -47.0% -31.5% -27.8% -29.5% -51.4% -58.4% -41.5% -24.8% 11.6% 17.8% 9.4% 3.7% -22.7% -22.7% -17.6% -17.64%
Op. Income -47.0% -43.5% -53.4% -61.5% -64.7% -53.2% -39.3% -34.9% -35.7% -53.9% -56.9% -39.1% -20.9% 13.5% 20.2% 13.1% 6.7% -18.4% -20.1% -16.6% -16.58%
OCF Growth snapshot only -19.14%
Asset Growth snapshot only 41.54%
Equity Growth snapshot only -62.52%
Debt Growth snapshot only 1.85%
Shares Change snapshot only 5.27%
Growth (CAGR)
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Revenue 3Y — — — — — — — — — — — — — — — — — — — — —
Revenue 5Y — — — — — — — — — — — — — — — — — — — — —
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 5Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 3Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 5Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — — — — — — — — — — — — —
OCF 5Y — — — — — — — — — — — — — — — — — — — — —
Assets 3Y — — — — 46.3% 59.2% 64.0% 48.1% 48.1% 57.9% 32.6% 33.7% 34.5% 26.6% 4.3% 4.5% 6.0% 15.0% 12.4% 4.2% 4.22%
Assets 5Y — — — — — — — — — — — — 33.5% 36.4% 36.1% 21.0% 22.1% 35.9% 22.3% 23.6% 23.59%
Equity 3Y — — — — 45.0% 59.6% 64.0% 46.8% 46.3% 45.9% 20.1% 20.7% 21.0% 9.3% -12.3% -14.6% -13.2% -30.0% -37.8% -44.8% -44.81%
Book Value 3Y — — — — 0.4% 31.1% 32.2% 19.4% 23.7% 23.5% 3.7% 7.4% 7.6% -2.6% -19.6% -19.7% -18.6% -34.4% -40.7% -47.5% -47.48%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Revenue Stability 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.60 0.60 0.60 0.41 0.42 0.48 0.58 0.65 0.69 0.73 0.79 0.795
Earnings Stability 0.98 0.99 1.00 0.97 0.99 0.99 1.00 0.99 0.99 0.97 0.95 0.97 0.99 0.94 0.90 0.94 0.96 0.93 0.89 0.93 0.934
Margin Stability — — — — — — — — — — — — — — — — — 1.00 1.00 1.00 0.996
Rev. Growth Consistency 0.00 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 1.00 1.00 1.00 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.000
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence 0.82 0.83 0.50 0.50 0.50 0.80 0.86 0.88 0.87 0.50 0.50 0.82 0.89 0.97 0.94 0.97 0.99 0.90 0.90 0.91 0.910
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend -0.18 -0.04 0.08 0.02 0.02 0.10 -0.05 0.04 0.04 -0.13 -0.27 -0.29 -0.27 -0.21 -0.25 -0.41 -0.42 -1.04 -1.72 -2.05 -2.047
Gross Margin Trend — — — — — — — — — — — — — — — — — 0.00 -0.00 -0.00 -0.005
FCF Margin Trend — — — — — — — — — — — — — — — — — 46.49 6.90 2.20 2.195
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
OCF/Net Income 0.85 0.79 0.79 0.80 0.76 0.78 0.77 0.72 0.75 0.73 0.80 0.85 0.81 0.86 0.85 0.79 0.84 0.84 0.80 0.76 0.764
FCF/OCF 1.02 1.03 1.03 1.05 1.05 1.04 1.03 1.01 1.01 1.02 1.03 1.03 1.03 1.04 1.03 1.03 1.03 1.01 1.01 1.01 1.008
FCF/Net Income snapshot only 0.770
CapEx/Revenue — — — — — — — — — 1.6% 36.5% 14.3% 7.6% 7.1% 4.9% 4.1% 3.7% 1.7% 1.1% 0.8% 0.83%
CapEx/Depreciation snapshot only 0.217
Accruals Ratio -0.06 -0.09 -0.06 -0.07 -0.10 -0.08 -0.07 -0.09 -0.09 -0.10 -0.09 -0.06 -0.07 -0.05 -0.05 -0.09 -0.07 -0.06 -0.08 -0.10 -0.104
Sloan Accruals snapshot only 0.115
Cash Flow Adequacy snapshot only -127.962
Dividends & Buybacks
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $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 — — — — — — — — — — — — — — — — — — — — —
FCF Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -18.5% -13.4% -15.2% -15.0% -17.8% -18.2% -5.5% -11.9% -12.4% -4.6% -6.4% -0.1% 0.0% -0.7% -0.7% -0.8% -1.1% -0.1% -0.1% -2.4% -2.41%
Total Shareholder Return -18.5% -13.4% -15.2% -15.0% -17.8% -18.2% -5.5% -11.9% -12.4% -4.6% -6.4% -0.1% 0.0% -0.7% -0.7% -0.8% -1.1% -0.1% -0.1% -2.4% -2.41%
DuPont Factors
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Tax Burden (NI/EBT) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.01 1.01 1.01 1.015
Interest Burden (EBT/EBIT) 3.75 — — — — — — — — — 4.11 2.36 1.58 1.04 1.05 1.05 1.05 1.05 1.07 1.08 1.083
EBIT Margin — — — — — — — — — 0.00 -4.36 -2.54 -2.11 -1.92 -1.60 -1.54 -1.46 -1.47 -1.37 -1.26 -1.264
Asset Turnover 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.06 0.12 0.16 0.21 0.25 0.28 0.23 0.28 0.32 0.316
Equity Multiplier 1.08 1.11 1.06 1.07 1.09 1.09 1.08 1.08 1.10 1.23 1.25 1.24 1.27 1.53 1.57 1.65 1.70 2.72 3.06 3.42 3.422
Per Share
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
EPS (Diluted TTM) $-2.38 $-2.67 $-2.83 $-2.93 $-3.19 $-3.29 $-3.23 $-3.51 $-3.66 $-4.42 $-4.78 $-4.69 $-4.58 $-4.00 $-4.02 $-4.27 $-4.41 $-4.76 $-4.83 $-4.98 $-4.98
Book Value/Share $5.97 $7.28 $11.26 $9.79 $9.07 $10.81 $9.90 $12.45 $10.95 $9.59 $8.61 $8.11 $7.43 $6.73 $5.85 $5.07 $4.90 $3.05 $2.07 $1.80 $3.12
Tangible Book/Share $5.97 $7.28 $11.26 $9.79 $9.07 $10.81 $9.90 $12.45 $10.95 $9.59 $8.61 $8.11 $7.43 $6.73 $5.85 $5.07 $4.90 $3.05 $2.07 $1.80 $1.80
Revenue/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.03 $0.27 $0.78 $1.37 $2.00 $2.39 $2.64 $2.86 $3.02 $3.25 $3.58 $3.09
FCF/Share $-2.07 $-2.19 $-2.32 $-2.47 $-2.56 $-2.65 $-2.55 $-2.56 $-2.77 $-3.28 $-3.93 $-4.08 $-3.83 $-3.57 $-3.54 $-3.47 $-3.83 $-4.03 $-3.88 $-3.83 $-4.13
OCF/Share $-2.03 $-2.12 $-2.24 $-2.36 $-2.44 $-2.56 $-2.47 $-2.52 $-2.76 $-3.22 $-3.83 $-3.96 $-3.72 $-3.43 $-3.42 $-3.36 $-3.72 $-3.98 $-3.85 $-3.80 $-4.08
Cash/Share $5.07 $7.19 $11.38 $8.94 $7.36 $9.01 $8.13 $11.65 $10.04 $10.11 $8.73 $8.85 $8.64 $9.07 $7.76 $7.02 $6.14 $10.62 $8.53 $7.88 $10.88
EBITDA/Share $-2.35 $-2.63 $-2.79 $-2.89 $-3.13 $-3.20 $-3.12 $-3.38 $-3.52 $-4.26 $-4.57 $-4.42 $-4.28 $-3.67 $-3.68 $-3.93 $-4.04 $-4.32 $-4.32 $-4.39 $-4.39
Debt/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.46 $0.45 $0.42 $1.25 $1.26 $1.26 $1.28 $2.48 $3.74 $3.71 $3.65 $10.23 $10.16 $10.04 $10.04
Net Debt/Share $-5.07 $-7.19 $-11.38 $-8.94 $-7.36 $-9.01 $-7.68 $-11.20 $-9.62 $-8.86 $-7.48 $-7.58 $-7.36 $-6.58 $-4.03 $-3.31 $-2.48 $-0.39 $1.63 $2.15 $2.15
Academic Models
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — -0.768
Altman Z-Prime snapshot only -0.688
Piotroski F-Score 1 2 2 2 2 2 1 1 2 2 2 2 2 3 4 2 2 4 2 2 2
Beneish M-Score — — — — — — — — — — — — — 13.00 -1.10 -2.80 -0.27 2.69 6.71 8.32 8.322
Ohlson O-Score snapshot only -3.542
ROIC (Greenblatt) snapshot only -47.44%
Net-Net WC snapshot only $-1.71
EVA snapshot only $-260909540.00
Credit
Metric Trend Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 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 Current
Credit Rating snapshot only B-
Credit Score 89.00 89.00 89.00 89.00 89.00 89.00 75.32 74.93 75.14 74.96 63.96 62.53 61.72 53.79 47.05 36.48 32.65 22.15 22.60 21.72 21.719
Credit Grade snapshot only 16
Credit Trend snapshot only -14.756
Implied Spread (bps) snapshot only 900.000
Industry Credit Rank snapshot only 8
Sector Credit Rank snapshot only 10

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