Also trades as: SAF.PA (PAR) · $vol 214M · SAFRF (OTC) · $vol 1M

$92.80

+0.94 (+1.02%)

Weekly Expected Move ±3.3%

$87 $90 $93 $96 $99

OTC · Industrials · Aerospace & Defense · Tech Score Sell · Power 40 · $153.9B mcap · 1.66B float · 0.013% daily turnover · Short 34% of daily vol

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

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: 0Hold: 1Sell: 0Strong Sell: 0

Rating Summary

ConsensusHold

Avg Target$—

Analysts0

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. SAFRY receives an overall rating of B. Strongest factors: ROE (5/5), ROA (5/5). Areas of concern: D/E (1/5), P/E (2/5), P/B (1/5).

Rating Change History

Date	From	To
2026-08-10	B+	B
2026-07-29	A-	B+
2026-06-18	B+	A-
2026-05-13	A-	B+
2026-05-12	B+	A-
2026-04-01	A-	B+
2026-02-18	B+	A-
2026-02-17	B	B+
2026-02-12	B+	B
2026-02-06	B	B+

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.

★ ★ ★ ★ ★ — Grade A+

Profitability

Balance Sheet

Earnings Quality

Growth

Value

—

Momentum

100

Safety

—

Cash Flow

Risk & Quality Signals

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

Altman Z-Score

—

Piotroski F-Score

8/9

✓ ✓ ✓ ✓ ✓ ✓ ✓ ✗ ✓

Beneish M-Score

-0.98

Possible Manipulator

Ohlson O-Score

-7.48

Bankruptcy prob: 0.1%

Low Risk

Credit Rating

AA-

Score: 82.8/100

Trend: Stable

Earnings Quality

75/100

OCF/NI: 1.46x

Accruals: -6.4%

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. SAFRY scores 8/9, signaling strong financial health across all three dimensions. 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. SAFRY's score of -0.98 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. SAFRY's implied 0.1% 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. SAFRY receives an estimated rating of AA- (score: 82.8/100), with a stable trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). SAFRY's score of 75/100 is high — cash flows strongly support reported earnings.

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

35.46x

PEG

-3.59x

P/S

4.10x

P/B

9.45x

P/FCF

—

P/OCF

—

EV/EBITDA

—

EV/Revenue

—

EV/EBIT

—

EV/FCF

—

Earnings Yield

—

FCF Yield

—

Shareholder Yield

—

Graham Number

$31.17

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. At 35.5x earnings, SAFRY commands a growth premium. Graham's intrinsic value formula yields $31.17 per share, 198% below the current price.

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

0.673

NI / EBT

Interest Burden

3.010

EBT / EBIT

EBIT Margin

0.064

EBIT / Rev

Asset Turnover

1.057

Rev / Assets

Equity Multiplier

4.641

Assets / Equity

ROE

63.9%

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. SAFRY's ROE of 63.9% is driven by financial leverage (equity multiplier: 4.64x). Note: high leverage means ROE is amplified by debt rather than operational performance.

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

15.00%

Fair P/E

38.50x

Intrinsic Value

$190.45

Price/Value

—

Margin of Safety

—

Premium

—

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with SAFRY's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. SAFRY actually compounded EPS at 43.4% over three years; the model uses 15%, the highest rate it will extrapolate — of 4,457 company-quarters that grew faster than 200%, none sustained it over the following seven years. SAFRY trades at a premium to its adjusted intrinsic value of $190.45, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 35.5x.

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

$92.80

Median 1Y

$99.02

5th Pctile

$53.08

95th Pctile

$185.05

Ann. Volatility

39.7%

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	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
ROE	21.7%	53.5%	74.2%	49.2%	54.2%	37.8%	34.3%	25.2%	23.0%	16.2%	3.1%	-27.8%	-21.2%	-10.3%	8.1%	46.1%	27.0%	49.7%	49.2%	63.9%	63.93%
ROA	4.8%	13.0%	18.2%	12.8%	14.0%	10.7%	9.9%	7.0%	7.0%	5.0%	0.9%	-6.8%	-5.6%	-2.8%	2.1%	9.7%	5.5%	11.4%	11.6%	13.8%	13.77%
ROIC	48.4%	45.5%	48.0%	21.7%	21.1%	23.0%	25.1%	27.1%	22.5%	14.3%	10.9%	15.1%	21.4%	27.4%	31.7%	42.6%	62.1%	51.8%	43.0%	48.1%	48.06%
ROCE	45.5%	35.2%	35.0%	26.6%	23.4%	25.6%	29.1%	28.1%	25.0%	16.1%	12.2%	14.7%	18.8%	24.4%	28.4%	34.6%	13.9%	18.8%	17.3%	18.8%	18.82%
Gross Margin	47.6%	48.2%	46.0%	44.2%	43.4%	15.0%	14.6%	9.1%	3.4%	1.9%	10.2%	10.1%	12.1%	11.9%	13.0%	50.0%	45.9%	51.1%	12.1%	15.1%	15.15%
Operating Margin	17.4%	15.3%	14.6%	8.9%	10.7%	14.0%	13.5%	7.7%	5.4%	0.9%	8.8%	8.7%	11.7%	10.3%	11.6%	14.6%	15.6%	16.4%	11.8%	13.6%	13.55%
Net Margin	0.5%	30.3%	15.1%	5.7%	6.4%	11.6%	7.9%	-3.8%	9.0%	10.0%	-7.5%	-43.4%	12.0%	16.7%	12.6%	0.4%	-5.0%	33.9%	13.1%	10.1%	10.15%
EBITDA Margin	22.0%	20.0%	19.5%	13.7%	17.2%	21.4%	20.4%	1.3%	16.9%	23.3%	-0.4%	18.9%	19.8%	28.0%	19.7%	20.7%	-14.4%	20.6%	16.4%	18.4%	18.39%
FCF Margin	11.9%	13.2%	12.4%	12.2%	11.8%	11.0%	9.7%	9.6%	8.6%	8.7%	10.5%	13.3%	14.3%	15.0%	14.2%	12.7%	12.4%	12.5%	13.2%	14.2%	14.24%
OCF Margin	16.4%	17.7%	16.9%	16.7%	16.0%	15.4%	13.4%	13.4%	12.0%	11.9%	13.5%	16.0%	17.3%	18.0%	18.1%	16.7%	17.5%	17.4%	18.0%	19.1%	19.09%
ROE 3Y Avg	snapshot only																				22.67%
ROE 5Y Avg	snapshot only																				26.49%
ROA 3Y Avg	snapshot only																				4.94%
ROIC 3Y Avg	snapshot only																				17.69%
ROIC Economic	snapshot only																				33.94%
Cash ROA	snapshot only																				18.15%
Cash ROIC	snapshot only																				92.96%
CROIC	snapshot only																				69.35%
NOPAT Margin	snapshot only																				9.87%
Pretax Margin	snapshot only																				19.36%
R&D / Revenue	snapshot only																				1.13%
SGA / Revenue	snapshot only																				-0.07%
SBC / Revenue	snapshot only																				0.05%

Valuation

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
P/E Ratio	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	35.456
P/S Ratio	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4.097
P/B Ratio	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	9.453
P/FCF	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
P/OCF	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EV/Revenue	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EV/EBIT	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EV/FCF	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Earnings Yield	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF Yield	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Graham Number	snapshot only																				$31.17

Leverage & Solvency

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Current Ratio	0.92	1.16	1.10	0.86	0.86	0.86	0.86	0.89	0.96	1.03	1.04	0.84	0.91	0.90	0.95	0.88	0.84	0.93	0.90	0.90	0.895
Quick Ratio	0.69	0.88	0.87	0.59	0.60	0.58	0.55	0.61	0.68	0.73	0.78	0.62	0.68	0.65	0.69	0.61	0.59	0.66	0.65	0.64	0.639
Debt/Equity	0.62	0.66	0.56	0.62	0.52	0.58	0.59	0.66	0.57	0.53	0.56	0.72	0.67	0.62	0.57	0.45	0.50	0.39	0.40	0.35	0.352
Net Debt/Equity	0.30	-0.12	-0.20	0.38	0.31	0.37	0.38	0.30	0.26	0.22	0.14	0.08	0.00	0.05	-0.01	-0.07	-0.17	-0.15	-0.05	-0.11	-0.107
Debt/Assets	0.13	0.18	0.16	0.17	0.15	0.17	0.17	0.18	0.18	0.17	0.17	0.15	0.15	0.14	0.13	0.10	0.09	0.09	0.10	0.08	0.077
Debt/EBITDA	1.26	1.94	0.75	1.02	0.94	0.92	0.85	1.08	1.05	1.22	2.40	1.55	1.30	0.97	0.70	0.49	0.81	0.83	0.93	0.74	0.743
Net Debt/EBITDA	0.61	-0.34	-0.27	0.63	0.56	0.59	0.54	0.49	0.49	0.52	0.60	0.16	0.00	0.08	-0.01	-0.08	-0.27	-0.32	-0.13	-0.23	-0.226
Interest Coverage	65.83	64.83	—	—	—	99.60	65.19	47.46	28.90	18.97	13.80	13.72	17.93	23.00	23.36	24.83	9.08	17.04	18.78	21.15	21.145
Equity Multiplier	4.76	3.62	3.46	3.66	3.40	3.48	3.46	3.57	3.20	3.07	3.25	4.74	4.50	4.49	4.36	4.73	5.41	4.24	4.17	4.58	4.575
Cash Ratio	snapshot only																				0.149
Debt Service Coverage	snapshot only																				35.801
Cash to Debt	snapshot only																				1.304
FCF to Debt	snapshot only																				1.760
Defensive Interval	snapshot only																				964.2 days

Efficiency & Turnover

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Asset Turnover	1.15	1.04	1.09	1.02	1.05	1.12	1.23	1.12	1.04	0.88	0.75	0.71	0.80	0.88	0.94	0.97	1.01	1.06	1.05	1.06	1.057
Inventory Turnover	3.94	3.53	4.09	3.69	4.21	4.96	6.09	6.06	6.87	5.75	4.93	4.75	5.43	5.48	5.87	4.79	4.42	3.68	3.96	4.25	4.251
Receivables Turnover	6.26	5.02	6.74	5.58	6.66	6.22	8.28	7.06	7.00	5.83	5.08	4.59	4.93	5.68	6.22	5.08	5.92	5.49	4.64	4.16	4.162
Payables Turnover	6.99	1.58	7.33	2.41	7.99	3.25	12.27	6.89	14.66	6.41	10.71	5.24	12.04	6.07	11.46	4.95	5.44	3.72	4.06	3.77	3.775
DSO	58	73	54	65	55	59	44	52	52	63	72	80	74	64	59	72	62	67	79	88	87.7 days
DIO	93	103	89	99	87	74	60	60	53	63	74	77	67	67	62	76	83	99	92	86	85.9 days
DPO	52	231	50	151	46	112	30	53	25	57	34	70	30	60	32	74	67	98	90	97	96.7 days
Cash Conversion Cycle	99	-54	94	13	96	20	74	59	80	69	112	87	111	71	89	74	77	67	81	77	76.9 days
Fixed Asset Turnover	snapshot only																				3.978
Operating Cycle	snapshot only																				173.6 days
Cash Velocity	snapshot only																				9.480
Capital Intensity	snapshot only																				1.052

Growth (YoY)

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Revenue	11.9%	3.0%	5.0%	4.0%	14.2%	29.8%	39.6%	33.6%	10.7%	-13.7%	-31.4%	-31.0%	-16.9%	7.8%	35.9%	51.5%	48.2%	41.2%	36.2%	32.0%	31.99%
Net Income	10.0%	5.7%	10.6%	6.4%	2.6%	-1.0%	-32.9%	-33.6%	-44.1%	-48.8%	-89.4%	-2.1%	-1.9%	-1.6%	1.5%	2.6%	2.1%	5.9%	5.6%	71.1%	71.15%
EPS	8.1%	5.7%	10.6%	6.1%	2.5%	-5.4%	-35.1%	-31.1%	-44.0%	-49.1%	-89.3%	-2.1%	-1.9%	-1.6%	1.5%	2.5%	2.1%	6.0%	5.8%	80.3%	80.31%
FCF	21.9%	31.4%	11.9%	1.6%	13.3%	8.4%	9.9%	4.9%	-19.6%	-31.6%	-25.8%	-3.8%	38.3%	84.7%	84.3%	44.6%	29.2%	17.8%	26.6%	47.6%	47.61%
EBITDA	-24.6%	-39.1%	2.8%	1.3%	1.1%	1.5%	23.7%	15.7%	1.3%	-26.1%	-65.2%	-39.0%	-19.9%	22.3%	2.1%	1.3%	17.2%	-9.7%	-31.7%	-34.4%	-34.43%
Op. Income	1.1%	66.6%	26.9%	-8.6%	-20.1%	-10.2%	3.0%	13.5%	-0.3%	-42.8%	-65.7%	-63.4%	-38.0%	35.1%	1.4%	1.9%	1.4%	1.1%	84.5%	54.4%	54.42%
OCF Growth	snapshot only																				51.25%
Asset Growth	snapshot only																				25.18%
Equity Growth	snapshot only																				29.30%
Debt Growth	snapshot only																				0.12%
Shares Change	snapshot only																				-5.08%
Dividend Growth	snapshot only																				93.59%

Growth (CAGR)

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Revenue 3Y	44.1%	24.2%	13.5%	12.6%	14.3%	16.7%	18.4%	17.5%	12.3%	4.9%	0.2%	-1.4%	1.7%	6.5%	9.2%	11.8%	10.9%	9.5%	8.3%	11.3%	11.33%
Revenue 5Y	—	—	—	—	—	—	—	52.7%	30.5%	16.5%	7.0%	5.6%	6.5%	8.2%	9.1%	11.2%	11.7%	11.9%	13.2%	13.9%	13.91%
EPS 3Y	85.5%	1.0%	97.5%	47.9%	38.8%	23.3%	10.3%	1.5%	28.8%	47.8%	—	—	—	—	-44.3%	4.1%	-18.1%	16.1%	21.6%	43.4%	43.36%
EPS 5Y	—	—	—	—	—	—	—	92.1%	66.0%	32.8%	-11.8%	—	—	—	-18.6%	11.3%	16.0%	58.3%	—	70.4%	70.43%
Net Income 3Y	88.5%	1.1%	99.1%	50.9%	40.6%	25.4%	11.5%	2.2%	30.5%	50.6%	—	—	—	—	-43.8%	3.8%	-17.8%	14.3%	20.3%	42.3%	42.27%
Net Income 5Y	—	—	—	—	—	—	—	94.1%	68.3%	35.0%	-10.9%	—	—	—	-18.2%	12.5%	17.1%	58.4%	—	69.8%	69.77%
EBITDA 3Y	48.5%	21.3%	41.4%	23.9%	15.6%	19.0%	21.5%	19.8%	16.3%	3.8%	18.0%	18.0%	18.6%	31.0%	10.6%	18.0%	-1.7%	-6.5%	-9.2%	-2.3%	-2.31%
EBITDA 5Y	—	—	—	—	—	—	—	72.1%	46.8%	26.8%	4.0%	6.1%	4.6%	8.8%	14.4%	19.6%	8.1%	4.3%	28.7%	20.2%	20.24%
Gross Profit 3Y	48.3%	26.7%	15.4%	13.1%	13.4%	6.6%	-0.2%	-10.6%	-30.2%	-41.5%	-49.1%	-49.1%	-42.0%	-34.5%	-31.2%	-11.8%	-1.6%	14.5%	20.7%	25.2%	25.18%
Gross Profit 5Y	—	—	—	—	—	—	—	31.0%	-0.8%	-16.7%	-27.5%	-28.0%	-23.0%	-18.8%	-17.0%	-4.1%	2.9%	8.0%	7.9%	3.1%	3.15%
Op. Income 3Y	80.9%	58.5%	42.4%	32.8%	27.8%	28.7%	29.8%	30.6%	19.2%	-5.1%	-23.4%	-27.6%	-21.0%	-11.5%	-5.0%	6.9%	14.0%	16.8%	15.4%	18.4%	18.44%
Op. Income 5Y	—	—	—	—	—	—	—	62.0%	36.4%	15.4%	0.4%	-0.6%	5.2%	10.5%	12.7%	19.1%	20.3%	19.0%	15.0%	11.5%	11.51%
FCF 3Y	63.1%	53.9%	41.8%	48.8%	59.5%	49.0%	28.1%	22.8%	3.5%	-0.9%	-3.0%	0.9%	8.0%	11.0%	14.5%	13.4%	12.8%	14.2%	20.1%	27.1%	27.13%
FCF 5Y	—	—	—	—	—	—	—	57.4%	31.6%	22.0%	18.4%	27.1%	35.2%	33.1%	23.5%	20.9%	14.7%	16.2%	16.3%	17.0%	16.97%
OCF 3Y	55.8%	40.8%	27.9%	27.4%	28.1%	28.6%	18.5%	17.7%	3.8%	-2.5%	-5.6%	-3.3%	3.4%	7.0%	11.7%	11.6%	14.4%	14.0%	19.5%	25.3%	25.33%
OCF 5Y	—	—	—	—	—	—	—	53.6%	28.5%	16.0%	10.0%	12.8%	15.9%	18.2%	15.9%	16.3%	15.0%	15.5%	15.7%	16.6%	16.62%
Assets 3Y	18.8%	17.8%	16.1%	20.2%	21.0%	22.0%	21.8%	19.6%	14.8%	10.6%	13.5%	16.3%	14.7%	14.2%	15.9%	11.4%	10.6%	10.0%	13.0%	15.2%	15.25%
Assets 5Y	—	—	—	—	—	—	—	18.9%	16.4%	15.0%	15.0%	15.6%	15.3%	15.7%	16.3%	15.9%	16.1%	13.7%	16.7%	18.0%	18.03%
Equity 3Y	12.9%	20.6%	23.5%	25.7%	25.4%	26.3%	23.1%	19.9%	25.4%	28.8%	31.7%	11.2%	16.9%	6.3%	7.4%	2.3%	-5.2%	3.0%	6.2%	6.1%	6.06%
Book Value 3Y	11.1%	19.4%	22.4%	23.2%	23.7%	24.3%	21.7%	19.1%	23.8%	26.4%	30.6%	10.9%	16.6%	4.9%	6.4%	2.5%	-5.6%	4.6%	7.3%	6.9%	6.88%
Dividend 3Y	3.5%	6.5%	-3.0%	5.0%	-4.1%	5.4%	14.5%	-16.5%	-10.0%	-51.1%	-50.6%	-20.6%	-20.6%	59.9%	60.5%	55.4%	54.4%	42.1%	43.0%	23.4%	23.42%

Growth Quality

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Revenue Stability	0.88	0.88	0.95	0.96	1.00	0.89	0.83	0.94	0.95	0.80	0.44	0.39	0.61	0.66	0.39	0.46	0.63	0.62	0.51	0.56	0.557
Earnings Stability	0.33	0.52	0.30	0.51	0.64	0.68	0.34	0.49	0.53	0.35	0.03	0.13	0.08	0.10	0.03	0.00	0.02	0.03	0.11	0.22	0.220
Margin Stability	0.96	0.97	0.96	0.97	0.96	0.86	0.77	0.72	0.60	0.55	0.48	0.44	0.38	0.36	0.32	0.39	0.37	0.37	0.33	0.40	0.404
Rev. Growth Consistency	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	1.000
Earn. Growth Consistency	0.50	0.50	0.50	0.50	1.00	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	1.00	1.00	1.000
FCF Positive Streak	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Earnings Persistence	0.96	0.50	0.20	0.50	0.50	1.00	0.50	0.87	0.82	0.80	0.50	0.20	0.20	0.20	0.50	0.20	0.20	0.20	0.50	0.50	0.500
Earnings Smoothness	0.90	0.00	—	0.00	0.00	0.99	0.61	0.60	0.44	0.35	0.00	—	—	—	0.14	—	—	—	0.00	0.48	0.475
ROE Trend	-0.04	0.23	0.44	0.18	0.21	0.06	0.06	-0.01	-0.09	-0.23	-0.42	-0.64	-0.55	-0.36	-0.08	0.47	0.28	0.43	0.38	0.51	0.510
Gross Margin Trend	0.02	0.00	-0.00	-0.02	-0.03	-0.13	-0.20	-0.27	-0.36	-0.33	-0.31	-0.27	-0.19	-0.11	-0.05	0.09	0.21	0.31	0.30	0.15	0.151
FCF Margin Trend	0.04	0.05	0.03	0.02	0.00	-0.01	-0.02	-0.03	-0.03	-0.03	-0.01	0.02	0.04	0.05	0.04	0.01	0.01	0.01	0.01	0.01	0.012
Sustainable Growth Rate	4.0%	37.5%	61.5%	34.1%	43.0%	23.8%	20.7%	18.3%	16.6%	14.8%	1.7%	—	—	—	1.7%	32.0%	12.6%	32.0%	32.5%	42.9%	42.85%
Internal Growth Rate	0.9%	10.0%	17.8%	9.7%	12.5%	7.2%	6.4%	5.3%	5.3%	4.7%	0.5%	—	—	—	0.5%	7.2%	2.6%	7.9%	8.3%	10.2%	10.17%

Cash Flow Quality

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
OCF/Net Income	3.90	1.42	1.01	1.33	1.20	1.62	1.67	2.14	1.79	2.11	10.89	-1.67	-2.48	-5.72	7.93	1.66	3.24	1.60	1.63	1.46	1.465
FCF/OCF	0.73	0.74	0.73	0.73	0.74	0.72	0.72	0.71	0.71	0.73	0.78	0.83	0.83	0.83	0.79	0.76	0.71	0.72	0.73	0.75	0.746
FCF/Net Income	snapshot only																				1.093
OCF/EBITDA	snapshot only																				1.753
CapEx/Revenue	4.5%	4.5%	4.5%	4.5%	4.2%	4.4%	3.7%	3.8%	3.4%	3.2%	3.0%	2.7%	3.0%	3.0%	3.9%	3.9%	5.1%	4.9%	4.8%	4.8%	4.85%
CapEx/Depreciation	snapshot only																				1.088
Accruals Ratio	-0.14	-0.05	-0.00	-0.04	-0.03	-0.07	-0.07	-0.08	-0.06	-0.06	-0.09	-0.18	-0.19	-0.19	-0.15	-0.06	-0.12	-0.07	-0.07	-0.06	-0.064
Sloan Accruals	snapshot only																				-0.060
Cash Flow Adequacy	snapshot only																				2.088
Earnings Quality Score	snapshot only																				0.750

Dividends & Buybacks

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Dividend Yield	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.01%
Dividend/Share	$0.67	$0.72	$0.57	$0.75	$0.60	$0.85	$0.86	$0.46	$0.45	$0.10	$0.11	$0.23	$0.23	$0.45	$0.45	$0.84	$0.84	$1.27	$1.32	$1.63	$0.84
Payout Ratio	81.5%	29.8%	17.1%	30.8%	20.7%	37.1%	39.7%	27.5%	28.0%	9.0%	46.3%	—	—	—	78.9%	30.7%	53.1%	35.7%	33.9%	33.0%	32.96%
FCF Payout Ratio	28.8%	28.2%	23.3%	31.7%	23.3%	32.0%	32.9%	18.0%	22.0%	5.8%	5.5%	9.4%	8.0%	13.3%	12.6%	24.2%	23.1%	30.9%	28.3%	30.2%	30.16%
Total Payout Ratio	84.3%	42.0%	26.0%	45.0%	40.5%	61.2%	89.0%	87.8%	74.5%	55.7%	64.8%	—	—	—	2.6%	80.1%	1.6%	79.8%	75.8%	70.4%	70.36%
Div. Increase Streak	1	1	0	1	0	1	0	0	0	0	0	0	0	0	0	0	0	1	1	1	0
Chowder Number	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Buyback Yield	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Buyback Yield	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

DuPont Factors

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Tax Burden (NI/EBT)	1.01	0.71	0.72	0.73	0.70	0.75	0.76	0.79	0.77	0.78	0.86	0.75	0.75	0.73	0.67	0.74	0.71	0.69	0.69	0.67	0.673
Interest Burden (EBT/EBIT)	0.24	1.01	1.43	1.25	1.56	1.03	0.85	0.63	0.71	0.73	0.17	-1.45	-0.88	-0.36	0.26	1.00	1.60	2.48	2.65	3.01	3.010
EBIT Margin	0.17	0.17	0.16	0.14	0.12	0.12	0.13	0.13	0.12	0.10	0.08	0.09	0.11	0.12	0.13	0.14	0.05	0.06	0.06	0.06	0.064
Asset Turnover	1.15	1.04	1.09	1.02	1.05	1.12	1.23	1.12	1.04	0.88	0.75	0.71	0.80	0.88	0.94	0.97	1.01	1.06	1.05	1.06	1.057
Equity Multiplier	4.47	4.11	4.07	3.85	3.88	3.54	3.46	3.61	3.30	3.27	3.35	4.09	3.79	3.71	3.78	4.73	4.95	4.35	4.25	4.64	4.641

Per Share

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
EPS (Diluted TTM)	$0.82	$2.41	$3.33	$2.44	$2.89	$2.28	$2.16	$1.68	$1.62	$1.16	$0.23	$-1.77	$-1.41	$-0.71	$0.58	$2.74	$1.59	$3.56	$3.89	$4.95	$4.95
Book Value/Share	$3.85	$5.35	$5.61	$5.94	$6.90	$6.92	$7.18	$7.15	$7.13	$7.39	$7.52	$5.63	$6.09	$6.18	$6.77	$6.41	$5.81	$7.91	$8.88	$8.73	$9.11
Tangible Book/Share	$1.27	$2.75	$3.14	$0.47	$0.58	$-4.48	$-4.35	$-4.38	$-3.72	$-3.24	$-3.33	$-5.16	$-4.49	$-4.09	$-0.56	$1.44	$-1.55	$0.32	$0.95	$0.25	$0.25
Revenue/Share	$19.47	$19.29	$19.89	$19.39	$21.77	$23.94	$26.84	$26.88	$24.10	$20.52	$18.61	$18.47	$20.28	$22.45	$25.24	$27.29	$29.33	$32.96	$35.18	$37.95	$20.20
FCF/Share	$2.32	$2.55	$2.46	$2.36	$2.57	$2.64	$2.61	$2.57	$2.07	$1.79	$1.96	$2.47	$2.89	$3.36	$3.60	$3.48	$3.65	$4.12	$4.66	$5.41	$3.15
OCF/Share	$3.19	$3.42	$3.36	$3.24	$3.47	$3.69	$3.61	$3.60	$2.89	$2.44	$2.52	$2.96	$3.50	$4.04	$4.57	$4.55	$5.14	$5.72	$6.34	$7.25	$4.03
Cash/Share	$1.22	$4.16	$4.22	$1.42	$1.45	$1.41	$1.53	$2.57	$2.16	$2.23	$3.14	$3.64	$4.06	$3.54	$3.91	$3.38	$3.86	$4.23	$4.06	$4.00	$3.91
EBITDA/Share	$1.89	$1.82	$4.14	$3.61	$3.80	$4.33	$4.96	$4.33	$3.85	$3.18	$1.74	$2.63	$3.12	$3.95	$5.47	$5.98	$3.57	$3.70	$3.83	$4.13	$4.13
Debt/Share	$2.37	$3.54	$3.11	$3.69	$3.56	$3.98	$4.22	$4.69	$4.05	$3.89	$4.18	$4.07	$4.07	$3.85	$3.85	$2.91	$2.89	$3.06	$3.57	$3.07	$3.07
Net Debt/Share	$1.15	$-0.62	$-1.10	$2.27	$2.11	$2.57	$2.69	$2.12	$1.88	$1.66	$1.04	$0.43	$0.01	$0.31	$-0.06	$-0.47	$-0.97	$-1.17	$-0.49	$-0.93	$-0.93

Academic Models

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Piotroski F-Score	8	5	5	4	4	5	4	6	6	4	5	4	5	5	7	8	7	9	7	8	8
Beneish M-Score	-2.81	-2.75	-2.35	-2.25	-2.08	-0.91	-1.00	-0.62	3.12	0.79	-2.98	-3.35	-3.38	-3.10	-2.60	-2.85	-2.54	-21.56	-2.12	-0.98	-0.984
Ohlson O-Score	snapshot only																				-7.481
ROIC (Greenblatt)	snapshot only																				36.36%
Net-Net WC	snapshot only																				$-6.69
EVA	snapshot only																				$4931056243.09

Credit

Metric	Q4'16	Q2'17	Q4'17	Q2'18	Q4'18	Q2'19	Q4'19	Q2'20	Q4'20	Q2'21	Q4'21	Q2'22	Q4'22	Q2'23	Q4'23	Q2'24	Q4'24	Q2'25	Q4'25	Q2'26	Current
Credit Rating	snapshot only																				AA-
Credit Score	78.75	78.75	77.75	76.25	79.25	81.75	81.75	80.25	80.25	75.85	73.10	76.25	77.50	81.75	81.75	81.75	76.75	80.50	80.50	82.75	82.750
Credit Grade	snapshot only																				4
Credit Trend	snapshot only																				1.000
Implied Spread (bps)	snapshot only																				100.000

SAFRY OTC

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Sign in to InsiderStreet