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PRE-PJ NYSE

PartnerRe Ltd.
1W: +1.3% 1M: +13.9% 3M: -5.0% 1Y: +6.3% 3Y: -20.6%
$16.75
Last traded 2024-08-14 — delisted
NYSE · Financial Services · Insurance - Reinsurance · $72.7M 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.

NARROW EDGE
59.5 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: -194.9%
Cost Advantage
48
Intangibles
89
Switching Cost
42
Network Effect
74
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. PRE-PJ has a Narrow competitive edge (59.5/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Intangible Assets. Negative ROIC of -194.9% indicates the company is currently destroying value, though this may reflect a growth investment phase.

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.

★ ★ ★ ★ ★ 40 Grade D
Profitability
19
Balance Sheet
0
Earnings Quality
48
Growth
52
Value
30
Momentum
50
Safety
100
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. PRE-PJ scores highest in Safety (100/100) and lowest in Balance Sheet (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-I Score
10.38
Safe Zone
Piotroski F-Score
5/9
✗ ✗ ✗ ✓ ✓ ✓ ✗ ✓ ✓
Beneish M-Score
-3.05
Unlikely Manipulator
Ohlson O-Score
-5.06
Bankruptcy prob: 0.6%
Low Risk
Credit Rating
BBB-
Score: 53.8/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: 0.68x
Accruals: -12.0%
The Altman-I Score is adapted for insurance companies, emphasizing return on equity, tangible net worth, and cash reserves alongside the standard equity and earnings components. PRE-PJ scores 10.38, placing it in the Safe Zone (safe > 3.0, distress < 1.5). Bankruptcy is statistically unlikely within the next two years. 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. PRE-PJ 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. PRE-PJ's score of -3.05 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. PRE-PJ's implied 0.6% 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. PRE-PJ receives an estimated rating of BBB- (score: 53.8/100), 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
-4.41x
PEG
—
P/S
2.75x
P/B
2.59x
P/FCF
-6.38x
P/OCF
—
EV/EBITDA
-4.02x
EV/Revenue
1.83x
EV/EBIT
-3.73x
EV/FCF
-4.23x
Earnings Yield
-22.67%
FCF Yield
-15.67%
Shareholder Yield
4.28%
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. PRE-PJ 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
0.968
NI / EBT
×
Interest Burden
1.319
EBT / EBIT
×
EBIT Margin
-0.489
EBIT / Rev
×
Asset Turnover
0.600
Rev / Assets
×
Equity Multiplier
1.345
Assets / Equity
=
ROE
-50.4%
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. PRE-PJ's ROE of -50.4% is driven by Asset Turnover (0.600), indicating efficient use of assets to generate revenue. A tax burden ratio of 0.97 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 864 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$18.45
Median 1Y
$17.26
5th Pctile
$11.80
95th Pctile
$25.28
Ann. Volatility
22.0%
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 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
ROE 3.1% -28.9% 43.4% 1.1% 19.7% -1.1% 2.3% 1.7% -20.9% -20.5% -28.3% -28.5% -24.7% -23.3% -24.6% -26.7% -29.4% -27.4% -33.8% -50.4% -50.38%
ROA -5.3% -25.9% -1.2% -1.5% -1.6% -91.1% -82.7% -72.9% -16.3% -16.2% -22.2% -22.8% -19.4% -18.3% -19.8% -21.5% -23.0% -21.5% -28.0% -37.5% -37.46%
ROIC 32.8% 2.2% -17.7% 3.8% -65.1% -1.1% -47.4% -1.3% -1.1% -20.8% -31.5% -28.2% -25.2% -23.9% -33.6% -36.5% -30.8% -24.6% -26.9% -1.9% -1.95%
ROCE -3.0% -23.7% -1.8% -2.1% -1.3% -1.1% -62.6% -59.5% -22.4% -18.8% -26.1% -25.0% -22.5% -23.5% -32.1% -35.2% -38.4% -31.2% -32.4% -37.2% -37.18%
Gross Margin 43.9% 34.5% 36.7% 39.2% 32.5% 44.9% 51.6% 29.6% 46.8% 33.9% 49.2% 59.0% 63.4% 50.8% 37.2% 42.4% 41.2% 59.5% 59.5% 64.8% 64.76%
Operating Margin 18.8% -7.2% -47.5% -0.6% -5.4% -4.0% 8.8% -3.0% -2.3% -2.7% -2.2% -1.4% -1.8% -1.5% -1.6% -61.4% -56.9% -26.2% -33.9% -27.0% -27.00%
Net Margin -12.4% -1.1% -1.3% -35.8% -34.5% -3.5% 3.1% -2.1% -3.3% -2.8% -3.2% -1.3% -1.8% -1.4% -1.6% -60.0% -70.2% -31.4% -76.9% -64.3% -64.26%
EBITDA Margin -8.8% -1.0% -1.3% -31.3% -26.7% -4.4% -0.6% -2.8% -2.8% -2.5% -2.1% -1.4% -1.6% -1.4% -2.4% -63.6% -61.6% -28.5% -67.1% -26.5% -26.48%
FCF Margin -7.5% -4.9% -1.5% 1.5% 2.7% 4.2% 1.9% 7.7% 9.7% 11.9% 11.4% -14.1% -39.8% -57.8% -60.4% -53.7% -49.1% -43.4% -46.8% -43.2% -43.18%
OCF Margin -6.1% -4.0% 2.3% 4.3% 7.6% 12.9% 6.7% 21.2% 20.9% 21.1% 34.5% 1.6% -29.7% -54.2% -57.3% -51.3% -47.1% -41.8% -45.7% -42.5% -42.53%
ROE 3Y Avg snapshot only -39.70%
ROA 3Y Avg snapshot only -29.70%
ROIC 3Y Avg snapshot only -99.16%
ROIC Economic snapshot only -25.38%
Cash ROA snapshot only -27.59%
Cash ROIC snapshot only -3.11%
CROIC snapshot only -3.16%
NOPAT Margin snapshot only -26.62%
Pretax Margin snapshot only -64.54%
R&D / Revenue snapshot only 4.02%
SGA / Revenue snapshot only 83.93%
SBC / Revenue snapshot only 3.73%
Valuation
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
P/E Ratio -7.85 -0.99 -0.50 -0.36 -0.18 -0.29 -0.70 -1.18 -4.16 -4.64 -3.51 -4.26 -4.79 -5.00 -5.06 -4.98 -4.91 -5.51 -5.07 -4.41 -4.411
P/S Ratio 0.45 0.41 0.32 0.24 0.26 0.49 0.87 3.02 2.78 2.98 10.20 11.25 10.59 9.24 7.66 5.78 4.59 3.71 3.11 2.75 2.755
P/B Ratio -0.24 0.29 -0.22 -0.18 0.28 0.39 0.56 0.87 0.88 0.91 1.07 1.30 1.27 1.31 1.38 1.49 1.62 1.59 1.69 2.59 2.587
P/FCF -6.06 -8.51 -21.18 15.86 9.53 11.46 45.47 39.00 28.52 25.06 89.49 -79.81 -26.59 -15.99 -12.68 -10.75 -9.36 -8.56 -6.65 -6.38 -6.380
P/OCF — — 14.06 5.68 3.44 3.78 13.07 14.21 13.28 14.11 29.57 692.54 — — — — — — — — —
EV/EBITDA -118.89 -6.48 -3.24 -0.24 0.28 0.31 0.27 -0.01 -0.08 -2.82 -2.73 -3.88 -4.54 -4.89 -3.25 -3.31 -3.80 -4.39 -4.45 -4.02 -4.020
EV/Revenue 2.77 2.47 1.94 0.16 -0.36 -0.46 -0.29 0.02 0.06 1.82 6.94 8.48 8.38 7.81 5.79 4.49 4.12 3.40 2.49 1.83 1.826
EV/EBIT -118.89 -6.48 -3.24 -0.24 0.28 0.31 0.27 -0.01 -0.08 -2.82 -2.67 -3.79 -4.31 -4.52 -3.12 -3.19 -3.73 -4.39 -4.15 -3.73 -3.734
EV/FCF -37.13 -50.85 -129.25 10.13 -13.28 -10.75 -14.89 0.22 0.65 15.32 60.88 -60.20 -21.04 -13.52 -9.59 -8.36 -8.39 -7.84 -5.32 -4.23 -4.230
Earnings Yield -12.7% -1.0% -2.0% -2.8% -5.6% -3.5% -1.4% -84.6% -24.1% -21.6% -28.5% -23.5% -20.9% -20.0% -19.8% -20.1% -20.4% -18.2% -19.7% -22.7% -22.67%
FCF Yield -16.5% -11.8% -4.7% 6.3% 10.5% 8.7% 2.2% 2.6% 3.5% 4.0% 1.1% -1.3% -3.8% -6.3% -7.9% -9.3% -10.7% -11.7% -15.0% -15.7% -15.67%
Price/Tangible Book snapshot only 2.588
EV/Gross Profit snapshot only 3.132
Shareholder Yield snapshot only 4.28%
Leverage & Solvency
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Current Ratio 2.47 0.41 1.82 1.73 4.89 5.05 4.23 4.59 3.96 2.40 2.37 2.33 2.06 1.40 2.36 2.07 2.16 1.51 3.01 5.15 5.152
Quick Ratio 2.38 0.41 1.70 1.52 4.65 4.88 4.15 4.52 3.89 2.32 2.29 2.25 1.98 1.22 2.18 1.89 2.06 1.30 2.76 4.60 4.599
Debt/Equity -1.42 1.42 -1.23 -0.04 0.06 0.07 0.03 0.03 0.03 0.02 0.01 0.01 0.01 0.04 0.03 0.03 0.02 0.01 0.01 0.00 0.004
Net Debt/Equity — 1.42 — — -0.67 -0.75 -0.75 -0.86 -0.86 -0.35 -0.34 -0.32 -0.26 -0.20 -0.33 -0.33 -0.17 -0.13 -0.34 -0.87 -0.872
Debt/Assets 2.41 1.28 3.31 0.10 0.05 0.05 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.03 0.03 0.03 0.01 0.01 0.01 0.00 0.003
Debt/EBITDA -113.08 -5.40 -2.98 -0.09 -0.05 -0.06 -0.04 -0.04 -0.12 -0.12 -0.04 -0.03 -0.06 -0.16 -0.11 -0.09 -0.04 -0.04 -0.04 -0.01 -0.009
Net Debt/EBITDA -99.50 -5.40 -2.71 0.14 0.49 0.64 1.11 1.36 3.60 1.79 1.28 1.26 1.20 0.90 1.04 0.95 0.44 0.40 1.12 2.04 2.043
Interest Coverage -7.53 -28.97 -31.51 -25.69 -34.66 -37.63 -39.20 -88.96 -207.72 -258.72 -464.20 -555.45 -554.52 -353.63 -280.40 -228.96 -200.61 -199.93 -243.34 -319.79 -319.795
Equity Multiplier -0.59 1.11 -0.37 -0.40 1.27 1.30 1.32 1.28 1.30 1.23 1.23 1.22 1.24 1.32 1.25 1.27 1.32 1.22 1.17 1.45 1.447
Cash Ratio snapshot only 4.136
Debt Service Coverage snapshot only -297.002
Cash to Debt snapshot only 232.024
FCF to Debt snapshot only -107.467
Defensive Interval snapshot only 411.2 days
Efficiency & Turnover
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Asset Turnover 0.92 0.62 1.86 2.30 1.10 0.54 0.66 0.29 0.24 0.25 0.08 0.09 0.09 0.10 0.13 0.19 0.25 0.32 0.46 0.60 0.600
Inventory Turnover 19.38 — 24.85 17.81 19.29 24.88 15.23 3.56 4.60 6.17 3.35 3.85 3.22 1.85 3.14 4.79 8.58 5.11 6.56 4.56 4.557
Receivables Turnover 2.26 — 5.86 5.83 4.58 5.41 3.45 2.02 2.82 2.09 0.94 4.70 4.63 4.99 6.59 9.69 17.96 18.43 23.14 32.54 32.541
Payables Turnover 3.71 — 17.01 11.21 9.89 22.50 10.02 3.13 5.41 5.63 2.86 2.62 3.62 1.85 5.70 7.81 9.25 4.98 7.85 15.55 15.549
DSO 161 0 62 63 80 67 106 180 129 174 387 78 79 73 55 38 20 20 16 11 11.2 days
DIO 19 0 15 20 19 15 24 103 79 59 109 95 113 197 116 76 43 71 56 80 80.1 days
DPO 98 0 21 33 37 16 36 117 67 65 127 139 101 198 64 47 39 73 47 23 23.5 days
Cash Conversion Cycle 82 0 55 51 62 66 93 166 141 169 368 33 91 73 108 67 23 18 25 68 67.8 days
Fixed Asset Turnover snapshot only 191.493
Operating Cycle snapshot only 91.3 days
Cash Velocity snapshot only 1.073
Capital Intensity snapshot only 1.541
Growth (YoY)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue — — — 4.4% 72.6% -21.7% -44.6% -78.8% -71.1% -58.5% -85.9% -64.9% -66.9% -63.0% 41.8% 79.9% 1.4% 1.7% 2.1% 1.7% 1.74%
Net Income — — — -110.0% -42.7% -2.1% -9.5% 19.6% 86.7% 84.1% 67.1% 63.7% -9.5% -6.2% 26.2% 21.0% -0.0% 0.8% -26.0% -47.6% -47.61%
EPS — — — -110.0% -33.5% -1.5% 47.4% 71.2% 95.9% 93.6% 79.1% 68.8% 5.1% 2.0% 29.6% 25.8% 7.7% 9.1% 0.2% -13.0% -13.02%
FCF — — — 1.5% 1.6% 1.7% 1.7% 6.7% 2.9% 16.5% -16.3% -1.6% -2.4% -2.8% -8.5% -5.9% -1.9% -1.0% -1.4% -1.2% -1.20%
EBITDA — — — -53.1% -94.1% -2.0% 3.2% 26.8% 83.1% 81.8% 65.6% 65.1% 18.9% 8.7% 0.6% -11.6% -38.8% -31.9% 2.7% 8.3% 8.26%
Op. Income — — — -3.0% -3.3% -4.5% -2.5% -1.3% 29.1% 46.5% -51.6% 3.3% -4.9% -13.1% 11.1% -2.5% -11.1% -0.9% 18.5% 22.8% 22.76%
OCF Growth snapshot only -1.27%
Asset Growth snapshot only -14.07%
Equity Growth snapshot only -24.72%
Debt Growth snapshot only -91.13%
Shares Change snapshot only 30.61%
Growth (CAGR)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue 3Y — — — — — — — — — — — -26.2% -45.2% -50.6% -51.9% -48.9% -39.1% -25.2% -14.6% 20.1% 20.06%
Revenue 5Y — — — — — — — — — — — — — — — — — — — 14.6% 14.64%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 5Y — — — — — — — — — — — — — — — — — — — — —
Gross Profit 3Y — — — — — — — — — — — -20.4% -40.7% -44.5% -47.5% -46.0% -36.3% -19.8% -8.8% 27.8% 27.84%
Gross Profit 5Y — — — — — — — — — — — — — — — — — — — 24.8% 24.77%
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — — — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — — — —
OCF 3Y — — — — — — — — — — — — — — — — — — — — —
OCF 5Y — — — — — — — — — — — — — — — — — — — — —
Assets 3Y — — — — — — — — — — — 34.2% 16.1% -11.5% 12.9% 6.4% -10.6% -10.0% -13.3% -15.5% -15.55%
Assets 5Y — — — — — — — — — — — — — — — — — — — 11.7% 11.68%
Equity 3Y — — — — — — — — — — — 81.7% — -16.4% — — -11.7% -8.0% -9.7% -19.0% -19.04%
Book Value 3Y — — — — — — — — — — — 22.9% — -44.2% — — -44.4% -36.0% -29.3% -31.0% -30.98%
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue Stability — — — — — — — 0.00 0.16 0.96 1.00 0.12 0.50 0.98 0.87 0.66 0.64 0.53 0.12 0.12 0.121
Earnings Stability — — — — — — — 0.58 0.01 0.03 0.64 0.04 0.02 0.17 0.79 0.01 0.06 0.24 0.72 0.02 0.023
Margin Stability — — — — — — — 0.86 0.85 0.87 0.94 0.87 0.84 0.82 0.88 0.90 0.85 0.85 0.88 0.85 0.849
Rev. Growth Consistency 0.00 0.00 0.00 0.50 0.50 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 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 0.00 0.00 1.00 1.00 0.00 0.50 0.00 0.00 0.000
FCF Positive Streak 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — — — — — — — 0.50 0.50 0.50 0.50 0.50 0.96 0.98 0.90 0.92 1.00 1.00 0.90 0.81 0.810
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend — — — — — — — — — 0.62 — — 0.62 0.51 0.28 0.22 -0.09 -0.06 -0.05 -0.28 -0.284
Gross Margin Trend — — — — — — — 0.10 0.10 0.10 -0.00 0.04 0.09 0.12 0.08 -0.02 -0.09 -0.05 0.08 0.11 0.115
FCF Margin Trend — — — — — — — 0.15 0.12 0.12 0.11 -0.19 -0.46 -0.66 -0.67 -0.51 -0.34 -0.20 -0.22 -0.09 -0.093
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
OCF/Net Income 1.07 0.10 -0.04 -0.06 -0.05 -0.08 -0.05 -0.08 -0.31 -0.33 -0.12 -0.01 0.13 0.29 0.38 0.44 0.50 0.62 0.75 0.68 0.681
FCF/OCF 1.22 1.21 -0.66 0.36 0.36 0.33 0.29 0.36 0.47 0.56 0.33 -8.68 1.34 1.07 1.05 1.05 1.04 1.04 1.02 1.02 1.015
FCF/Net Income snapshot only 0.691
CapEx/Revenue 1.3% 0.9% 3.8% 2.8% 4.8% 8.6% 4.8% 13.5% 11.2% 9.2% 23.1% 15.7% 10.1% 3.6% 3.1% 2.4% 1.9% 1.5% 1.1% 0.7% 0.65%
CapEx/Depreciation snapshot only 0.187
Accruals Ratio 0.00 -0.23 -1.21 -1.64 -1.69 -0.98 -0.87 -0.79 -0.21 -0.21 -0.25 -0.23 -0.17 -0.13 -0.12 -0.12 -0.11 -0.08 -0.07 -0.12 -0.120
Sloan Accruals snapshot only 0.328
Cash Flow Adequacy snapshot only -65.323
Dividends & Buybacks
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 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 — — — 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Div. Increase Streak — — — — — — — — — — — — — — — — — — — — —
Chowder Number — — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.1% 0.2% 0.3% 0.3% 0.4% 0.4% 0.5% 0.5% 0.5% 0.4% 0.3% 0.2% 0.1% 4.3% 4.28%
Net Buyback Yield -5.5% -3.9% -29.7% -34.3% -5.1% -3.9% 0.1% 0.1% 0.2% 0.3% 0.3% 0.3% 0.4% 0.5% 0.5% 0.4% 0.3% 0.2% 0.1% 4.3% 4.28%
Total Shareholder Return -5.5% -3.9% -29.7% -34.3% -5.1% -3.9% 0.1% 0.1% 0.2% 0.3% 0.3% 0.3% 0.4% 0.5% 0.5% 0.4% 0.3% 0.2% 0.1% 4.3% 4.28%
DuPont Factors
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Tax Burden (NI/EBT) 2.18 1.06 1.02 1.02 0.99 0.97 0.97 0.94 0.95 1.08 1.07 1.12 1.06 0.99 0.80 0.81 0.84 0.87 1.02 0.97 0.968
Interest Burden (EBT/EBIT) 1.13 1.03 1.03 1.04 1.15 1.17 1.23 1.23 0.93 0.92 1.05 1.05 1.08 1.08 1.01 1.01 1.00 1.01 1.00 1.32 1.319
EBIT Margin -0.02 -0.38 -0.60 -0.64 -1.28 -1.48 -1.04 -2.20 -0.75 -0.65 -2.60 -2.24 -1.95 -1.73 -1.86 -1.41 -1.10 -0.78 -0.60 -0.49 -0.489
Asset Turnover 0.92 0.62 1.86 2.30 1.10 0.54 0.66 0.29 0.24 0.25 0.08 0.09 0.09 0.10 0.13 0.19 0.25 0.32 0.46 0.60 0.600
Equity Multiplier -0.59 1.11 -0.37 -0.69 -12.23 1.19 -2.81 -2.34 1.29 1.26 1.28 1.25 1.27 1.27 1.24 1.24 1.27 1.27 1.21 1.35 1.345
Per Share
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
EPS (Diluted TTM) $-3.00 $-23.37 $-47.04 $-55.31 $-103.79 $-59.22 $-24.76 $-15.95 $-4.29 $-3.76 $-5.18 $-4.98 $-4.08 $-3.69 $-3.64 $-3.70 $-3.76 $-3.35 $-3.64 $-4.18 $-4.18
Book Value/Share $-97.17 $81.00 $-108.35 $-112.51 $66.23 $44.20 $30.82 $21.69 $20.32 $19.11 $17.03 $16.33 $15.40 $14.04 $13.41 $12.37 $11.40 $11.61 $10.89 $7.13 $7.13
Tangible Book/Share $-108.48 $73.33 $-115.86 $-119.85 $58.61 $44.03 $24.50 $17.10 $15.80 $15.07 $13.52 $12.86 $12.00 $10.16 $9.56 $8.63 $9.23 $11.01 $8.10 $7.13 $7.13
Revenue/Share $52.21 $55.90 $74.57 $82.19 $71.23 $35.22 $19.87 $6.25 $6.42 $5.84 $1.78 $1.89 $1.84 $2.00 $2.41 $3.19 $4.02 $4.97 $5.93 $6.70 $6.70
FCF/Share $-3.89 $-2.71 $-1.12 $1.26 $1.95 $1.50 $0.38 $0.48 $0.63 $0.70 $0.20 $-0.27 $-0.73 $-1.15 $-1.46 $-1.72 $-1.97 $-2.15 $-2.77 $-2.89 $-2.89
OCF/Share $-3.20 $-2.24 $1.68 $3.53 $5.39 $4.53 $1.33 $1.33 $1.34 $1.24 $0.61 $0.03 $-0.55 $-1.08 $-1.38 $-1.64 $-1.89 $-2.08 $-2.71 $-2.85 $-2.85
Cash/Share $16.51 $0.06 $12.22 $11.69 $48.71 $36.22 $23.94 $19.36 $18.00 $7.22 $6.00 $5.37 $4.26 $3.37 $4.94 $4.50 $2.09 $1.71 $3.83 $6.24 $6.24
EBITDA/Share $-1.22 $-21.29 $-44.62 $-52.33 $-91.44 $-52.02 $-20.76 $-13.74 $-4.84 $-3.78 $-4.54 $-4.13 $-3.40 $-3.19 $-4.30 $-4.33 $-4.36 $-3.85 $-3.32 $-3.04 $-3.04
Debt/Share $137.53 $114.98 $132.91 $4.45 $4.28 $3.00 $0.86 $0.61 $0.57 $0.45 $0.20 $0.14 $0.19 $0.51 $0.45 $0.40 $0.19 $0.15 $0.14 $0.03 $0.03
Net Debt/Share $121.01 $114.92 $120.69 $-7.24 $-44.44 $-33.21 $-23.07 $-18.75 $-17.43 $-6.78 $-5.81 $-5.22 $-4.07 $-2.86 $-4.49 $-4.11 $-1.90 $-1.56 $-3.70 $-6.22 $-6.22
Academic Models
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Altman-I Score — — — — — — — — — — — — — — — — — — — — 10.378
Altman Z-Prime snapshot only 7.912
Piotroski F-Score 1 2 3 7 5 5 6 5 5 4 4 5 3 2 3 3 3 5 5 5 5
Beneish M-Score — — — -8.50 -17.53 -10.66 -5.45 -6.29 -3.47 3.52 -4.23 -2.54 -1.00 -2.21 -2.59 -1.91 -1.80 -1.94 -1.48 -3.05 -3.047
Ohlson O-Score snapshot only -5.056
ROIC (Greenblatt) snapshot only -51.97%
Net-Net WC snapshot only $4.58
EVA snapshot only $-31831240.00
Credit
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Credit Rating snapshot only BBB-
Credit Score 20.00 38.19 20.00 20.00 66.02 67.41 67.01 66.89 63.36 61.67 33.66 56.28 52.89 49.50 27.20 55.05 51.86 49.96 54.67 53.83 53.831
Credit Grade snapshot only 10
Credit Trend snapshot only -1.215
Implied Spread (bps) snapshot only 350.000
Industry Credit Rank snapshot only 13
Sector Credit Rank snapshot only 49

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