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SKR.BK SET

Sikarin Public Company Limited
1W: +2.6% 1M: -2.5% 3M: -6.0% YTD: +11.4% 1Y: +7.3% 3Y: -20.1% 5Y: -14.5%
฿7.80 ($0.23)
+0.00 (+0.00%)
 
Weekly Expected Move ±2.5%
฿7 ฿8 ฿8 ฿8 ฿8
SET · Healthcare · Medical - Care Facilities · Tech Score Neutral · Power 54 · ฿15.9B mcap · 478M float · 0.074% daily turnover

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.

A-
Oct 02, 2026
DCF
5
ROE
3
ROA
5
D/E
2
P/E
2
P/B
3
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. SKR.BK receives an overall rating of A-. Strongest factors: DCF (5/5), ROA (5/5). Areas of concern: D/E (2/5), P/E (2/5).
Rating Change History
DateFromTo
2026-09-23 B+ A-
2026-09-22 A- B+
2026-09-21 B+ A-
2026-09-17 A- B+
2026-09-15 B+ A-
2026-09-14 A- B+
2026-06-30 A A-
2026-05-25 A- A
2026-05-19 A A-
2026-05-05 A- A

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.

★ ★ ★ ★ ★ 58 Grade A
Profitability
38
Balance Sheet
94
Earnings Quality
65
Growth
27
Value
60
Momentum
61
Safety
100
Cash Flow
74
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. SKR.BK scores highest in Safety (100/100) and lowest in Growth (27/100). An overall grade of A places SKR.BK among the highest-quality companies in its peer group.

Risk & Quality Signals

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

Altman Z-Score
8.18
Safe Zone
Piotroski F-Score
6/9
✓ ✓ ✗ ✓ ✓ ✓ ✓ ✗ ✗
Beneish M-Score
-3.02
Unlikely Manipulator
Ohlson O-Score
-11.82
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AAA
Score: 96.1/100
Trend: Stable
Earnings Quality
75/100
OCF/NI: 2.34x
Accruals: -8.7%
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. SKR.BK scores 8.18, placing it in the Safe Zone (safe > 2.99, distress < 1.81). 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. SKR.BK scores 6/9, 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. SKR.BK's score of -3.02 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. SKR.BK's implied 0.0% 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. SKR.BK receives an estimated rating of AAA (score: 96.1/100), 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). SKR.BK'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
26.07x
PEG
-2.87x
P/S
2.76x
P/B
2.06x
P/FCF
15.93x
P/OCF
11.31x
EV/EBITDA
12.50x
EV/Revenue
2.67x
EV/EBIT
19.75x
EV/FCF
15.08x
Earnings Yield
3.77%
FCF Yield
6.28%
Shareholder Yield
4.22%
Graham Number
$5.07
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 26.1x earnings, SKR.BK commands a growth premium. Graham's intrinsic value formula yields $5.07 per share, 54% 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
0.790
NI / EBT
×
Interest Burden
0.995
EBT / EBIT
×
EBIT Margin
0.135
EBIT / Rev
×
Asset Turnover
0.609
Rev / Assets
×
Equity Multiplier
1.222
Assets / Equity
=
ROE
7.9%
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. SKR.BK's ROE of 7.9% is driven by Asset Turnover (0.609), 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
$2.56
Price/Value
3.12x
Margin of Safety
-212.00%
Premium
212.00%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with SKR.BK's realized 0.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. SKR.BK trades at a 212% premium to its adjusted intrinsic value of $2.56, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 26.1x.

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
$7.80
Median 1Y
$8.42
5th Pctile
$5.56
95th Pctile
$12.72
Ann. Volatility
23.6%
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 Q3'21 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 Q2'26 Current
ROE 16.0% 29.2% 33.5% 34.4% 32.3% 16.4% 13.0% 13.9% 12.9% 12.6% 12.5% 11.6% 11.4% 8.8% 8.2% 8.8% 8.1% 9.7% 8.5% 7.9% 7.91%
ROA 10.3% 19.2% 23.0% 23.9% 22.5% 12.0% 9.8% 10.7% 9.9% 9.9% 10.1% 9.4% 9.2% 7.0% 6.7% 7.1% 6.6% 7.8% 6.9% 6.5% 6.47%
ROIC 12.6% -6.2% -1.4% -0.9% -1.4% 15.3% 12.8% 13.0% 11.9% 12.5% 12.8% 11.7% 11.9% 9.5% 9.2% 9.8% 9.2% 11.0% 9.8% 8.8% 8.80%
ROCE 16.7% 28.4% 32.1% 33.3% 32.2% 17.2% 14.1% 14.9% 13.9% 14.3% 14.3% 13.4% 13.2% 10.0% 9.4% 10.1% 9.5% 11.1% 9.8% 9.1% 9.07%
Gross Margin 41.5% 57.0% 38.8% 33.9% 41.0% 27.8% 35.5% 35.9% 35.0% 31.3% 34.1% 29.7% 32.3% 19.1% 30.9% 31.8% 29.3% 28.3% 27.0% 28.2% 28.19%
Operating Margin 27.0% -49.3% 28.3% 17.1% 28.9% 17.0% 20.8% 21.1% 21.2% 16.9% 19.6% 14.6% 18.8% 2.4% 17.7% 17.7% 15.0% 13.0% 11.1% 13.5% 13.50%
Net Margin 20.5% 32.4% 21.9% 12.8% 22.0% 12.7% 15.9% 16.2% 16.4% 13.0% 15.5% 11.2% 14.6% 1.3% 13.6% 13.5% 12.1% 10.4% 9.0% 10.9% 10.93%
EBITDA Margin 33.8% 46.5% 35.1% 26.3% 37.9% 24.1% 29.5% 29.3% 29.6% 25.5% 28.9% 24.0% 27.3% 12.8% 27.4% 27.5% 25.5% 23.6% 22.2% 13.5% 13.50%
FCF Margin 9.1% 17.4% 22.1% 14.2% 16.4% 16.1% 10.2% 18.1% 16.1% 9.9% 10.1% 12.0% 16.5% 14.7% 15.9% 16.8% 17.3% 18.6% 16.5% 17.7% 17.71%
OCF Margin 20.6% 25.3% 29.8% 21.7% 23.7% 25.6% 21.4% 30.6% 29.4% 23.2% 21.6% 21.8% 25.1% 23.4% 23.8% 24.0% 24.3% 24.6% 23.5% 24.9% 24.94%
ROE 3Y Avg snapshot only 9.30%
ROE 5Y Avg snapshot only 13.98%
ROA 3Y Avg snapshot only 7.59%
ROIC 3Y Avg snapshot only 8.37%
ROIC Economic snapshot only 7.41%
Cash ROA snapshot only 15.43%
Cash ROIC snapshot only 20.99%
CROIC snapshot only 14.91%
NOPAT Margin snapshot only 10.46%
Pretax Margin snapshot only 13.46%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 14.90%
SBC / Revenue snapshot only 0.00%
Valuation
Metric Trend 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 Q2'26 Current
P/E Ratio 32.48 17.74 15.73 14.51 16.83 26.36 21.10 22.56 26.80 22.49 21.89 23.48 22.18 29.12 24.68 21.04 26.19 19.08 21.24 26.52 26.070
P/S Ratio 4.48 3.90 3.73 3.42 4.03 4.70 3.37 3.80 4.12 3.44 3.34 3.30 3.02 3.19 2.58 2.33 2.71 2.37 2.40 2.82 2.757
P/B Ratio 4.94 4.49 4.49 4.25 4.73 3.91 2.53 2.86 3.16 2.73 2.64 2.64 2.45 2.53 1.99 1.83 2.11 1.84 1.80 2.11 2.056
P/FCF 49.16 22.35 16.88 24.09 24.52 29.17 32.93 20.99 25.69 34.64 32.92 27.50 18.30 21.72 16.26 13.87 15.67 12.75 14.56 15.93 15.929
P/OCF 21.72 15.43 12.49 15.74 17.01 18.35 15.75 12.42 14.01 14.84 15.42 15.10 12.03 13.66 10.85 9.72 11.15 9.63 10.26 11.31 11.311
EV/EBITDA 17.21 11.01 9.92 9.42 10.80 15.04 11.32 12.58 14.73 12.15 11.67 12.15 11.22 13.25 10.64 9.28 10.97 8.54 8.99 12.50 12.495
EV/Revenue 4.77 3.96 3.71 3.50 4.11 4.72 3.36 3.83 4.17 3.45 3.30 3.28 2.97 3.12 2.47 2.24 2.59 2.22 2.23 2.67 2.671
EV/EBIT 25.39 13.71 12.01 11.42 13.20 20.17 15.90 17.30 20.69 17.31 16.68 17.99 16.80 21.78 17.95 15.39 18.96 13.85 15.25 19.75 19.750
EV/FCF 52.34 22.70 16.81 24.68 25.01 29.30 32.79 21.15 25.97 34.74 32.61 27.41 17.99 21.27 15.53 13.31 14.96 11.95 13.49 15.08 15.084
Earnings Yield 3.1% 5.6% 6.4% 6.9% 5.9% 3.8% 4.7% 4.4% 3.7% 4.4% 4.6% 4.3% 4.5% 3.4% 4.1% 4.8% 3.8% 5.2% 4.7% 3.8% 3.77%
FCF Yield 2.0% 4.5% 5.9% 4.2% 4.1% 3.4% 3.0% 4.8% 3.9% 2.9% 3.0% 3.6% 5.5% 4.6% 6.1% 7.2% 6.4% 7.8% 6.9% 6.3% 6.28%
Price/Tangible Book snapshot only 2.232
EV/OCF snapshot only 10.711
EV/Gross Profit snapshot only 9.463
Acquirers Multiple snapshot only 20.232
Shareholder Yield snapshot only 4.22%
Graham Number snapshot only $5.07
Leverage & Solvency
Metric Trend 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 Q2'26 Current
Current Ratio 1.01 1.64 1.86 1.92 1.96 2.07 2.13 2.09 1.85 1.95 2.38 2.23 2.35 2.82 3.27 3.24 3.11 3.44 3.49 3.62 3.618
Quick Ratio 0.89 1.53 1.75 1.77 1.80 1.92 1.97 1.91 1.71 1.81 2.22 2.07 2.17 2.63 3.07 3.05 2.92 3.23 3.21 3.32 3.316
Debt/Equity 0.34 0.23 0.19 0.19 0.18 0.14 0.12 0.11 0.11 0.10 0.08 0.08 0.06 0.11 0.10 0.09 0.09 0.08 0.07 0.07 0.069
Net Debt/Equity 0.32 0.07 -0.02 0.10 0.09 0.02 -0.01 0.02 0.04 0.01 -0.03 -0.01 -0.04 -0.05 -0.09 -0.07 -0.10 -0.11 -0.13 -0.11 -0.112
Debt/Assets 0.22 0.15 0.13 0.14 0.14 0.11 0.09 0.09 0.09 0.08 0.07 0.07 0.05 0.09 0.08 0.07 0.07 0.06 0.06 0.06 0.058
Debt/EBITDA 1.13 0.54 0.42 0.41 0.41 0.54 0.53 0.47 0.53 0.45 0.36 0.37 0.29 0.58 0.55 0.48 0.47 0.39 0.39 0.43 0.435
Net Debt/EBITDA 1.05 0.17 -0.04 0.22 0.21 0.07 -0.05 0.10 0.16 0.04 -0.11 -0.04 -0.20 -0.28 -0.50 -0.39 -0.52 -0.57 -0.72 -0.70 -0.700
Interest Coverage 13.20 27.33 35.13 38.72 41.15 28.06 24.55 27.65 27.54 30.11 32.39 31.37 33.20 26.92 25.49 26.87 24.68 31.88 32.00 33.21 33.207
Equity Multiplier 1.57 1.47 1.42 1.35 1.34 1.29 1.27 1.25 1.27 1.26 1.22 1.23 1.22 1.26 1.24 1.23 1.23 1.22 1.22 1.21 1.208
Cash Ratio snapshot only 1.938
Debt Service Coverage snapshot only 52.486
Cash to Debt snapshot only 2.610
FCF to Debt snapshot only 1.905
Defensive Interval snapshot only 1008.2 days
Efficiency & Turnover
Metric Trend 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 Q2'26 Current
Asset Turnover 0.75 0.87 0.97 1.01 0.94 0.67 0.61 0.64 0.64 0.64 0.66 0.67 0.68 0.64 0.64 0.65 0.64 0.63 0.61 0.61 0.609
Inventory Turnover 19.13 21.63 24.80 24.32 20.95 21.51 20.13 19.60 20.46 24.22 24.66 24.80 25.60 26.58 26.57 26.59 26.40 24.52 20.82 21.48 21.478
Receivables Turnover 14.96 17.57 21.01 23.02 18.48 14.51 14.12 14.12 12.56 12.70 15.25 14.74 13.15 12.69 14.26 13.22 11.99 12.48 13.66 12.95 12.946
Payables Turnover 11.02 18.46 22.08 20.67 17.56 16.52 16.65 16.51 15.64 15.73 17.07 16.83 15.40 15.52 16.40 16.38 15.31 15.00 14.59 10.60 10.602
DSO 24 21 17 16 20 25 26 26 29 29 24 25 28 29 26 28 30 29 27 28 28.2 days
DIO 19 17 15 15 17 17 18 19 18 15 15 15 14 14 14 14 14 15 18 17 17.0 days
DPO 33 20 17 18 21 22 22 22 23 23 21 22 24 24 22 22 24 24 25 34 34.4 days
Cash Conversion Cycle 10 18 16 13 16 20 22 22 24 21 17 18 18 19 17 19 20 20 19 11 10.8 days
Fixed Asset Turnover snapshot only 0.931
Operating Cycle snapshot only 45.2 days
Cash Velocity snapshot only 4.122
Capital Intensity snapshot only 1.616
Growth (YoY)
Metric Trend 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 Q2'26 Current
Revenue 28.8% 64.1% 82.3% 71.5% 43.7% -10.7% -25.8% -26.4% -21.7% 2.6% 14.1% 13.9% 13.2% 4.1% 0.6% 0.5% -3.4% -0.2% -2.0% -5.7% -5.74%
Net Income 1.2% 3.0% 3.5% 2.9% 1.5% -27.5% -49.9% -47.4% -49.7% -11.9% 8.7% -5.1% 0.1% -25.5% -30.9% -20.7% -26.6% 13.3% 6.0% -9.4% -9.43%
EPS 1.2% 2.9% 3.4% 2.8% 1.4% -27.5% -49.9% -47.4% -49.7% -11.9% 8.7% -5.1% 0.1% -25.5% -30.9% -20.6% -26.0% 14.6% 7.2% -8.3% -8.28%
FCF 48.8% 2.3% 2.7% 1.4% 1.6% -17.5% -65.6% -6.1% -23.6% -36.7% 12.8% -24.6% 16.3% 53.8% 57.8% 40.8% 1.2% 26.5% 1.8% -0.6% -0.57%
EBITDA 70.1% 1.6% 1.9% 1.6% 97.6% -22.0% -41.1% -39.7% -41.8% -7.1% 8.8% 1.1% 5.8% -13.6% -17.6% -10.5% -13.9% 10.2% 4.7% -16.3% -16.31%
Op. Income 1.2% -2.0% -1.2% -1.1% -1.1% 3.9% 12.0% 17.3% 10.7% -12.6% 6.2% -6.7% -1.5% -25.8% -29.7% -19.5% -25.9% 11.5% 1.9% -14.3% -14.32%
OCF Growth snapshot only -1.86%
Asset Growth snapshot only -3.24%
Equity Growth snapshot only -1.10%
Debt Growth snapshot only -24.85%
Shares Change snapshot only -1.26%
Dividend Growth snapshot only 25.02%
Growth (CAGR)
Metric Trend 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 Q2'26 Current
Revenue 3Y 13.3% 22.7% 26.4% 26.5% 24.1% 15.3% 11.7% 12.2% 13.1% 14.6% 15.5% 12.8% 8.4% -1.6% -5.2% -5.6% -5.1% 2.1% 4.0% 2.6% 2.56%
Revenue 5Y 16.4% 21.1% 22.0% 20.7% 18.2% 12.5% 10.4% 10.2% 10.3% 11.1% 11.3% 11.2% 11.1% 10.3% 9.8% 10.1% 9.6% 9.3% 8.7% 6.4% 6.36%
EPS 3Y 42.2% 77.5% 82.3% 85.7% 83.9% 59.3% 49.8% 42.8% 39.9% 35.3% 33.8% 24.0% 6.9% -21.9% -27.8% -26.5% -28.0% -9.1% -7.0% -11.6% -11.59%
EPS 5Y 36.0% 47.9% 55.0% 54.6% 50.2% 43.0% 34.0% 33.1% 28.5% 29.0% 27.0% 26.2% 25.7% 21.6% 20.4% 17.0% 15.2% 16.1% 12.1% 6.8% 6.78%
Net Income 3Y 42.1% 79.2% 84.1% 87.5% 85.7% 60.9% 51.3% 44.2% 41.3% 36.6% 35.1% 25.2% 7.9% -21.9% -27.8% -26.6% -28.2% -9.4% -7.3% -12.0% -12.00%
Net Income 5Y 42.0% 49.0% 56.2% 56.1% 51.7% 44.1% 35.3% 34.2% 29.2% 29.7% 27.7% 26.9% 26.4% 22.3% 21.1% 17.7% 15.7% 16.5% 12.5% 7.1% 7.11%
EBITDA 3Y 26.3% 50.5% 55.5% 57.0% 55.9% 36.3% 29.2% 28.0% 25.0% 23.8% 23.2% 16.5% 6.7% -14.5% -19.2% -18.3% -19.1% -4.0% -2.1% -8.8% -8.83%
EBITDA 5Y 25.5% 33.2% 36.6% 35.9% 33.0% 24.8% 20.5% 20.3% 18.3% 19.8% 19.2% 18.7% 18.4% 15.2% 14.1% 13.7% 12.2% 12.5% 10.0% 3.5% 3.46%
Gross Profit 3Y 22.0% 42.9% 46.6% 46.9% 44.2% 25.4% 20.5% 20.9% 20.3% 20.7% 20.3% 14.4% 5.2% -14.5% -18.7% -18.5% -18.9% -3.7% -2.0% -4.8% -4.83%
Gross Profit 5Y 22.1% 33.2% 35.1% 33.9% 30.6% 19.1% 15.9% 15.8% 14.7% 15.6% 15.2% 14.1% 13.6% 11.3% 10.3% 10.6% 9.5% 9.9% 8.0% 4.2% 4.24%
Op. Income 3Y 39.8% — — — — 54.2% 44.6% 43.1% 39.5% 34.8% 33.2% 21.4% 6.0% — — — — -10.2% -8.7% -13.7% -13.66%
Op. Income 5Y 44.3% — — — — 43.0% 33.4% 32.6% 27.0% 26.3% 24.5% 23.7% 23.1% 18.9% 17.7% 17.1% 14.7% 15.2% 11.1% 4.3% 4.31%
FCF 3Y 21.3% 46.3% 65.4% 56.4% 92.6% 1.2% 62.7% 62.2% 43.4% 20.1% 13.3% 19.5% 32.1% -7.0% -15.1% -0.1% -3.5% 7.2% 21.9% 1.8% 1.82%
FCF 5Y 18.0% 44.6% 48.1% 29.2% 36.0% 34.1% 19.4% 33.9% 28.8% 10.3% 11.9% 22.0% 44.7% 60.2% 50.3% 35.3% 28.3% 27.5% 18.5% 19.0% 19.04%
OCF 3Y 18.0% 35.5% 47.7% 37.5% 41.3% 39.5% 28.6% 39.5% 36.6% 23.5% 16.4% 13.3% 15.7% -4.1% -12.1% -2.4% -4.3% 0.8% 7.1% -4.2% -4.19%
OCF 5Y 18.1% 31.2% 39.5% 26.9% 27.1% 22.2% 14.4% 21.3% 21.5% 15.9% 14.6% 17.0% 21.5% 21.5% 22.1% 19.5% 18.1% 15.8% 11.0% 9.5% 9.50%
Assets 3Y 8.1% 13.5% 13.3% 11.7% 10.6% 14.6% 13.4% 13.6% 14.1% 12.6% 14.0% 13.0% 10.3% 5.9% 5.2% 7.0% 5.9% 2.7% 2.7% 1.6% 1.58%
Assets 5Y 14.2% 8.9% 9.7% 8.4% 8.6% 10.5% 10.6% 10.3% 10.6% 10.8% 10.1% 10.5% 9.5% 10.4% 9.7% 9.7% 9.2% 8.1% 9.0% 7.6% 7.63%
Equity 3Y 6.6% 13.9% 15.7% 16.4% 16.2% 21.1% 21.7% 22.6% 21.9% 22.1% 22.4% 22.6% 20.0% 11.5% 10.0% 10.2% 8.8% 4.7% 4.1% 2.8% 2.80%
Book Value 3Y 6.6% 12.8% 14.6% 15.3% 15.1% 19.9% 20.5% 21.4% 20.7% 20.9% 21.3% 21.4% 18.8% 11.5% 10.0% 10.2% 9.1% 5.1% 4.5% 3.3% 3.27%
Dividend 3Y 4.3% 3.3% 3.5% 14.5% 35.7% 35.7% 35.7% 9.0% -6.1% -6.1% -6.2% 3.0% 1.0% 1.9% 1.9% 3.8% 3.8% 4.0% 4.0% 7.8% 7.77%
Growth Quality
Metric Trend 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 Q2'26 Current
Revenue Stability 0.94 0.77 0.69 0.70 0.77 0.73 0.54 0.56 0.65 0.67 0.49 0.48 0.58 0.55 0.31 0.30 0.36 0.80 0.82 0.73 0.729
Earnings Stability 0.73 0.55 0.53 0.57 0.66 0.67 0.49 0.53 0.55 0.54 0.37 0.35 0.33 0.17 0.08 0.06 0.02 0.00 0.04 0.07 0.073
Margin Stability 0.90 0.77 0.77 0.77 0.77 0.78 0.78 0.79 0.80 0.81 0.82 0.82 0.82 0.81 0.80 0.80 0.79 0.90 0.91 0.91 0.907
Rev. Growth Consistency 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 0.00 0.00 0.00 0.00 0.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.50 0.00 0.00 0.00 0.00 0.50 0.50 0.00 0.000
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 0.50 0.50 0.50 0.50 0.50 0.89 0.80 0.81 0.80 0.95 0.97 0.98 1.00 0.90 0.88 0.92 0.89 0.95 0.98 0.96 0.962
Earnings Smoothness 0.23 0.00 0.00 0.00 0.14 0.68 0.33 0.38 0.34 0.87 0.92 0.95 1.00 0.71 0.63 0.77 0.69 0.88 0.94 0.90 0.901
ROE Trend 0.08 0.18 0.21 0.20 0.17 -0.02 -0.07 -0.07 -0.10 -0.08 -0.08 -0.10 -0.09 -0.05 -0.04 -0.03 -0.03 -0.01 -0.02 -0.02 -0.020
Gross Margin Trend 0.06 0.16 0.16 0.15 0.13 -0.01 -0.03 -0.03 -0.06 -0.06 -0.06 -0.08 -0.07 -0.06 -0.06 -0.05 -0.05 -0.02 -0.02 -0.02 -0.025
FCF Margin Trend 0.03 0.12 0.15 0.06 0.08 0.03 -0.06 0.06 0.03 -0.07 -0.06 -0.04 0.00 0.02 0.06 0.02 0.01 0.06 0.04 0.03 0.033
Sustainable Growth Rate 12.2% 25.9% 30.4% 29.4% 24.4% 9.7% 6.7% 8.8% 7.5% 7.6% 7.7% 6.6% 6.4% 3.9% 3.4% 3.4% 2.7% 4.4% 3.3% 1.3% 1.33%
Internal Growth Rate 8.5% 20.4% 26.3% 25.7% 20.5% 7.7% 5.3% 7.3% 6.2% 6.4% 6.6% 5.6% 5.4% 3.2% 2.8% 2.9% 2.3% 3.7% 2.8% 1.1% 1.10%
Cash Flow Quality
Metric Trend 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 Q2'26 Current
OCF/Net Income 1.50 1.15 1.26 0.92 0.99 1.44 1.34 1.82 1.91 1.52 1.42 1.55 1.84 2.13 2.28 2.16 2.35 1.98 2.07 2.34 2.345
FCF/OCF 0.44 0.69 0.74 0.65 0.69 0.63 0.48 0.59 0.55 0.43 0.47 0.55 0.66 0.63 0.67 0.70 0.71 0.76 0.70 0.71 0.710
FCF/Net Income snapshot only 1.665
OCF/EBITDA snapshot only 1.167
CapEx/Revenue 11.5% 7.8% 7.8% 7.5% 7.3% 9.5% 11.2% 12.5% 13.4% 13.3% 11.5% 9.8% 8.6% 8.7% 7.9% 7.2% 7.1% 6.1% 7.0% 7.3% 7.30%
CapEx/Depreciation snapshot only 0.930
Accruals Ratio -0.05 -0.03 -0.06 0.02 0.00 -0.05 -0.03 -0.09 -0.09 -0.05 -0.04 -0.05 -0.08 -0.08 -0.08 -0.08 -0.09 -0.08 -0.07 -0.09 -0.087
Sloan Accruals snapshot only -0.048
Cash Flow Adequacy snapshot only 1.544
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend 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 Q2'26 Current
Dividend Yield 0.7% 0.6% 0.6% 1.0% 1.5% 1.5% 2.3% 1.6% 1.5% 1.7% 1.7% 1.8% 2.0% 1.9% 2.4% 2.9% 2.5% 2.9% 2.9% 3.1% 3.33%
Dividend/Share $0.08 $0.08 $0.08 $0.12 $0.20 $0.20 $0.20 $0.16 $0.17 $0.17 $0.17 $0.18 $0.18 $0.18 $0.18 $0.20 $0.20 $0.20 $0.20 $0.25 $0.26
Payout Ratio 23.8% 11.4% 9.5% 14.4% 24.5% 40.6% 48.7% 36.6% 41.4% 39.2% 38.2% 43.4% 43.9% 55.7% 58.4% 61.0% 66.3% 54.6% 61.3% 83.2% 83.21%
FCF Payout Ratio 36.0% 14.4% 10.2% 24.0% 35.6% 44.9% 76.1% 34.0% 39.7% 60.4% 57.4% 50.8% 36.2% 41.6% 38.5% 40.3% 39.7% 36.5% 42.0% 50.0% 49.97%
Total Payout Ratio 30.8% 16.6% 13.7% 17.7% 25.9% 40.6% 48.7% 36.6% 41.4% 39.2% 38.2% 43.4% 43.9% 55.7% 58.4% 68.4% 92.4% 76.2% 86.8% 1.1% 1.12%
Div. Increase Streak 1 1 1 1 1 1 1 1 0 0 0 1 0 0 0 1 1 1 1 1 1
Chowder Number 0.14 0.14 0.15 0.55 1.58 1.59 1.60 0.35 -0.13 -0.13 -0.13 0.14 0.08 0.08 0.08 0.15 0.13 0.14 0.14 0.27 0.266
Buyback Yield 0.2% 0.3% 0.3% 0.2% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.4% 1.0% 1.1% 1.2% 1.1% 1.08%
Net Buyback Yield 0.2% 0.3% 0.3% 0.2% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.4% 1.0% 1.1% 1.2% 1.1% 1.08%
Total Shareholder Return 0.9% 0.9% 0.9% 1.2% 1.5% 1.5% 2.3% 1.6% 1.5% 1.7% 1.7% 1.8% 2.0% 1.9% 2.4% 3.3% 3.5% 4.0% 4.1% 4.2% 4.22%
DuPont Factors
Metric Trend 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 Q2'26 Current
Tax Burden (NI/EBT) 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.79 0.790
Interest Burden (EBT/EBIT) 0.92 0.96 0.97 0.97 0.98 0.96 0.96 0.96 0.96 0.97 0.97 0.97 0.97 0.96 0.96 0.96 0.96 0.98 0.98 0.99 0.995
EBIT Margin 0.19 0.29 0.31 0.31 0.31 0.23 0.21 0.22 0.20 0.20 0.20 0.18 0.18 0.14 0.14 0.15 0.14 0.16 0.15 0.14 0.135
Asset Turnover 0.75 0.87 0.97 1.01 0.94 0.67 0.61 0.64 0.64 0.64 0.66 0.67 0.68 0.64 0.64 0.65 0.64 0.63 0.61 0.61 0.609
Equity Multiplier 1.56 1.52 1.46 1.44 1.43 1.37 1.34 1.30 1.30 1.28 1.25 1.24 1.24 1.26 1.23 1.23 1.22 1.24 1.23 1.22 1.222
Per Share
Metric Trend 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 Q2'26 Current
EPS (Diluted TTM) $0.34 $0.68 $0.82 $0.83 $0.81 $0.49 $0.41 $0.44 $0.41 $0.43 $0.45 $0.41 $0.41 $0.32 $0.31 $0.33 $0.30 $0.37 $0.33 $0.30 $0.30
Book Value/Share $2.21 $2.68 $2.87 $2.83 $2.90 $3.31 $3.41 $3.44 $3.48 $3.57 $3.69 $3.68 $3.71 $3.72 $3.82 $3.79 $3.76 $3.84 $3.90 $3.79 $3.84
Tangible Book/Share $2.00 $2.46 $2.66 $2.62 $2.69 $3.10 $3.22 $3.24 $3.28 $3.37 $3.48 $3.47 $3.50 $3.50 $3.61 $3.58 $3.55 $3.63 $3.69 $3.58 $3.58
Revenue/Share $2.44 $3.09 $3.45 $3.52 $3.40 $2.76 $2.56 $2.59 $2.66 $2.83 $2.92 $2.95 $3.01 $2.94 $2.94 $2.97 $2.94 $2.97 $2.91 $2.84 $2.84
FCF/Share $0.22 $0.54 $0.76 $0.50 $0.56 $0.44 $0.26 $0.47 $0.43 $0.28 $0.30 $0.35 $0.50 $0.43 $0.47 $0.50 $0.51 $0.55 $0.48 $0.50 $0.50
OCF/Share $0.50 $0.78 $1.03 $0.77 $0.81 $0.71 $0.55 $0.79 $0.78 $0.66 $0.63 $0.64 $0.76 $0.69 $0.70 $0.71 $0.71 $0.73 $0.68 $0.71 $0.71
Cash/Share $0.06 $0.42 $0.60 $0.25 $0.26 $0.41 $0.44 $0.30 $0.28 $0.33 $0.39 $0.33 $0.39 $0.60 $0.72 $0.63 $0.68 $0.74 $0.80 $0.69 $0.69
EBITDA/Share $0.68 $1.11 $1.29 $1.31 $1.30 $0.87 $0.76 $0.79 $0.75 $0.80 $0.83 $0.80 $0.80 $0.69 $0.68 $0.72 $0.69 $0.77 $0.72 $0.61 $0.61
Debt/Share $0.76 $0.60 $0.55 $0.54 $0.53 $0.47 $0.40 $0.37 $0.40 $0.36 $0.30 $0.29 $0.23 $0.40 $0.38 $0.35 $0.32 $0.30 $0.28 $0.26 $0.26
Net Debt/Share $0.71 $0.19 $-0.06 $0.29 $0.27 $0.06 $-0.04 $0.08 $0.12 $0.03 $-0.09 $-0.03 $-0.16 $-0.19 $-0.34 $-0.28 $-0.36 $-0.44 $-0.52 $-0.42 $-0.42
Academic Models
Metric Trend 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 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 8.180
Altman Z-Prime snapshot only 14.560
Piotroski F-Score 9 8 8 7 6 6 6 7 5 7 8 7 7 6 5 6 5 9 7 6 6
Beneish M-Score -2.07 -1.55 -1.63 -1.68 -2.00 -2.10 -3.00 -3.08 -2.94 -2.68 -2.41 -2.44 -2.80 -2.64 -2.97 -2.99 -3.02 -3.05 -2.84 -3.02 -3.024
Ohlson O-Score snapshot only -11.820
ROIC (Greenblatt) snapshot only 9.65%
Net-Net WC snapshot only $0.54
EVA snapshot only $-81940805.61
Credit
Metric Trend 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 Q2'26 Current
Credit Rating snapshot only AAA
Credit Score 81.41 95.17 96.08 96.50 96.60 96.73 96.22 96.13 96.22 96.05 96.06 96.16 96.55 96.37 96.26 96.24 95.94 96.31 95.92 96.08 96.081
Credit Grade snapshot only 1
Credit Trend snapshot only -0.156
Implied Spread (bps) snapshot only 50.000
Industry Credit Rank snapshot only 91
Sector Credit Rank snapshot only 93

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