Central Securities Corp. Financial Ratios — CET Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	-0.21	2.26	23.51	4.64	-2.76	17.91	22.55	-4.31	28.53	7.26	29.85	-12.87	18.24	19.93	15.8
Return on Assets (%)	-0.21	2.25	23.41	4.64	-2.76	17.91	22.53	-4.3	28.51	7.25	29.84	-12.85	18.19	19.88	15.77
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-40.8	74.16	96.83	87.32	135.17	95.42	96.77	120.34	97.68	92.27	98.13	103.95	97.05	97.22	97.22
Profit Margin (%)	-40.8	74.16	96.83	87.32	135.17	95.42	96.77	120.34	97.68	92.27	98.13	103.95	97.05	97.22	97.22
Net Income to Common Margin (%)	-40.8	74.16	96.83	87.32	135.17	95.42	96.77	120.34	97.68	92.27	98.13	103.95	97.05	97.22	97.22
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-1,418.18	82.63	39.42	85.2	-171.05	14.18	9.52	-67.24	8.62	36.66	16.35	-24.26	13.76	13.16	17.47
Sustainable Growth Rate (%)	-3.23	0.39	14.25	0.69	-7.49	15.37	20.4	-7.2	26.07	4.6	24.97	-15.99	15.73	17.31	13.04

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	3	3	3	3
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	3	3	3	3
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	99.88	99.13	99.96	99.93	99.98	99.98	99.86	99.98	99.89	99.93	99.97	99.73	99.74	99.78	99.82
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Net Debt to Equity	-1.26	-5.98	-2.08	-2.22	-0.11	-0.37	-0.32	-0.03	-0.07	-0.09	-0.05	-0.06	-0.07	-0.02	- -
Net Debt/Capital (%)	-1.27	-6.36	-2.12	-2.28	-0.11	-0.37	-0.32	-0.03	-0.07	-0.09	-0.05	-0.06	-0.07	-0.02	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	99.88	99.13	99.96	99.93	99.98	99.98	99.86	99.98	99.89	99.93	99.97	99.73	99.74	99.78	99.82
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
CFO/Total Liabilities	4,372.12	799.42	16,850.08	6,938.96	26,952.87	15,288.03	1,573.45	20,685.22	2,016.73	4,485.36	15,770.97	1,357.66	1,117.34	1,096.69	1,501.02
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.69	1,305.84	8,011.4
Altman's Z-Score	414.25	55.79	1,090.12	767.23	2,093.72	2,168.85	362.03	3,194.01	462.01	705.76	2,003.36	185.22	189.92	234.37	287.86

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover

- -

Days Sales Outstanding

- -

Inventory Turnover

- -

Days Inventory Outstanding

- -

Accounts Payable Turnover

- -

Accounts Payable Turnover Days

- -

Cash Conversion Cycle

- -

Inventory to Cash Days

- -

Inventories

- -

Raw Materials

- -

Work In Process

- -

Finished Goods

- -

Other Inventory

- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	471	464	526	545	471	542	689	633	857	856	1,216	935	1,072	1,322	1,498
- Cash & Cash Equivalents	7	34	13	14	1	3	3	- -	1	1	1	1	1	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	3	3	3	3
Enterprise Value	463	430	512	531	470	540	686	633	857	856	1,215	937	1,074	1,325	1,501
Total Capital	574	569	648	650	583	675	826	765	996	1,037	1,333	1,136	1,323	1,573	1,791
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	0.1	0.06	0.01	0.26	0.24	0.19	0.15
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	152.12	24.64	3.46	15.38	- -	4.57	3.92	- -	3.34	10.72	3.37	- -	4.66	4.47	5.5
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	15.55	10.77	10.5	17.94	12.93	23.53	38.18	25.73	38.1	26.18	21.15	22.71	28.23	35.52	31.89
EV/Free Cash Flow to Firm	15.55	10.77	10.5	17.94	12.93	23.53	38.18	25.73	38.1	26.18	21.15	22.71	27.37	35.49	31.89
Diluted Market Cap	471	507	523	576	470	534	682	621	844	830	1,170	912	1,055	1,296	- -
Diluted Enterprise Value	463	473	509	561	469	531	679	621	844	829	1,170	914	1,057	1,299	3
EV per Share	20.15	18.51	21.16	21.39	18.99	21.69	27.29	24.82	33.11	32.63	44.56	33.47	37.85	45.78	50.8
TTM Sales	3	17	148	35	-13	118	175	-28	257	80	360	-153	230	296	273
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	30	40	49	30	36	23	18	25	22	33	57	41	38	37	47
TTM Free Cash Flow to Firm	30	40	49	30	36	23	18	25	22	33	57	41	39	37	47

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	15.79	12.7	10.72	19.45	12.91	23.27	37.93	25.26	37.49	25.37	20.37	22.1	26.86	34.73	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	463	430	512	531	470	540	686	633	857	856	1,215	937	1,074	1,325	1,501
Low Price	18.52	18.76	19.74	20.75	17.08	16.32	21.75	23.54	24.36	19.4	31.7	33.01	33.07	36.89	40.24
EV/Sales	152.12	24.64	3.46	15.38	- -	4.57	3.92	- -	3.34	10.72	3.37	- -	4.66	4.47	5.5
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	39.18	3.65	19.1	- -	4.74	4.03	- -	3.36	11.26	3.31	- -	4.72	4.5	- -
Price/Earnings Average	-411.98	40.33	3.64	19.6	-30.41	4.32	3.67	-20.17	3.04	10.22	2.99	-6.47	4.45	4.24	- -
Price/Earnings High	-459.3	43.67	4.15	20.98	-32.75	4.78	4.06	-21.99	3.46	11.74	3.35	-7.72	4.77	4.88	- -
Price/Earnings Low	-342.72	36.78	3.32	18.04	-24.75	3.55	3.2	-17.18	2.47	6.69	2.35	-5.68	4.13	3.63	- -
Price/Book Value	0.82	0.81	0.81	0.84	0.81	0.8	0.83	0.83	0.86	0.83	0.91	0.82	0.81	0.84	0.84
Price/Book Value Average	0.89	0.84	0.81	0.86	0.89	0.73	0.76	0.92	0.78	0.75	0.82	0.93	0.77	0.79	0.79
Price/Book Value High	0.99	0.91	0.92	0.92	0.96	0.81	0.84	1	0.89	0.86	0.92	1.11	0.82	0.91	0.87
Price/Book Value Low	0.74	0.76	0.74	0.79	0.73	0.6	0.66	0.78	0.63	0.49	0.65	0.82	0.71	0.68	0.67
Price/Tangible Book Value	0.82	0.81	0.81	0.84	0.81	0.8	0.83	0.83	0.86	0.83	0.91	0.82	0.81	0.84	0.84
Price/Tangible Book Value Average	0.89	0.84	0.81	0.86	0.89	0.73	0.76	0.92	0.78	0.75	0.82	0.93	0.77	0.79	0.79
Price/Tangible Book Value High	0.99	0.91	0.92	0.92	0.96	0.81	0.84	1	0.89	0.86	0.92	1.11	0.82	0.91	0.87
Price/Tangible Book Value Low	0.74	0.76	0.74	0.79	0.73	0.6	0.66	0.78	0.63	0.49	0.65	0.82	0.71	0.68	0.67
Price/Sales	154.49	29.05	3.53	16.68	-37.26	4.52	3.9	-21.81	3.28	10.38	3.25	-5.97	4.58	4.38	- -
Price/Sales Average	168.1	29.91	3.53	17.11	-41.1	4.12	3.55	-24.28	2.97	9.43	2.93	-6.73	4.32	4.12	- -
Price/Sales High	187.41	32.38	4.02	18.32	-44.27	4.56	3.93	-26.46	3.38	10.83	3.29	-8.03	4.63	4.74	- -
Price/Sales Low	139.84	27.28	3.21	15.76	-33.46	3.39	3.1	-20.68	2.42	6.17	2.31	-5.91	4.01	3.53	- -
Price/Cash Flow	15.79	12.7	10.72	19.45	12.91	23.27	37.93	25.26	37.49	25.37	20.37	22.1	27.71	34.75	- -
Price/Cash Flow Average	17.18	13.08	10.7	19.95	14.24	21.21	34.5	28.11	33.95	23.04	18.38	24.89	26.16	32.73	- -
Price/Cash Flow High	19.16	14.16	12.2	21.36	15.34	23.49	38.25	30.64	38.63	26.46	20.63	29.7	28.05	37.66	- -
Price/Cash Flow Low	14.29	11.93	9.74	18.37	11.59	17.43	30.11	23.94	27.59	15.08	14.48	21.85	24.26	28.06	- -
Price/Free Cash Flow Average	17.18	13.08	10.7	19.95	14.24	21.21	34.5	28.11	33.95	23.04	18.38	24.89	25.36	32.7	- -
Price/Free Cash Flow High	19.16	14.16	12.2	21.36	15.34	23.49	38.25	30.64	38.63	26.46	20.63	29.7	27.19	37.63	- -
Price/Free Cash Flow Low	14.29	11.93	9.74	18.37	11.59	17.43	30.11	23.94	27.59	15.08	14.48	21.85	23.52	28.04	- -
EV/Sales Average	165.73	25.42	3.46	15.8	- -	4.17	3.57	- -	3.02	9.73	3.04	- -	4.4	4.21	5.21
EV/Sales High	185.04	27.68	3.96	16.94	- -	4.62	3.96	- -	3.44	11.18	3.41	- -	4.72	4.85	5.69
EV/Sales Low	137.47	23.01	3.14	14.51	- -	3.42	3.11	- -	2.46	6.37	2.4	- -	4.08	3.61	4.37
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	20.46	19.98	21.72	21.97	19.02	21.79	27.4	24.83	33.1	32.64	44.58	33.39	37.77	45.69	50.71
High Price	24.82	22.27	24.72	24.13	22.6	22	27.63	30.12	34.1	34.04	45.14	44.86	38.24	49.51	52.44
Enterprise Value Average	505	443	511	545	519	492	624	704	776	777	1,096	1,055	1,015	1,248	1,421
Enterprise Value High	564	483	585	584	559	545	692	768	883	893	1,230	1,258	1,088	1,435	1,552
Enterprise Value Low	419	402	464	501	422	404	544	600	631	509	864	926	941	1,070	1,192

Shares Outstanding	23	23	24	25	25	25	25	25	26	26	27	28	28	29	30
Diluted Weighted Avg Shares	23	25	24	26	25	24	25	25	25	25	26	27	28	28	- -
Basic Weighted Avg Shares	23	25	24	26	25	24	25	25	25	25	26	27	28	28	- -
Revenue per Share	0.13	0.69	6.14	1.32	-0.51	4.82	7.03	-1.14	10.08	3.14	13.73	-5.59	8.25	10.44	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	-0.05	0.51	5.95	1.15	-0.69	4.6	6.8	-1.37	9.85	2.9	13.47	-5.81	8.01	10.15	- -
Basic EPS from Cont Ops	-0.05	0.51	5.95	1.15	-0.69	4.6	6.8	-1.37	9.85	2.9	13.47	-5.81	8.01	10.15	- -
Diluted EPS, GAAP	-0.05	0.51	5.95	1.15	-0.69	4.6	6.8	-1.37	9.85	2.9	13.47	-5.81	8.01	10.15	- -
Diluted EPS from Cont Ops	-0.05	0.51	5.95	1.15	-0.69	4.6	6.8	-1.37	9.85	2.9	13.47	-5.81	8.01	10.15	- -
Dividend per Share	0.77	0.42	2.35	0.98	1.18	0.65	0.65	0.92	0.85	1.06	2.2	1.41	1.1	1.34	- -
Cash Flow per Share	1.3	1.57	2.03	1.13	1.47	0.94	0.72	0.98	0.88	1.29	2.19	1.51	1.36	1.31	- -
Free Cash Flow per Basic Share	1.3	1.57	2.03	1.13	1.47	0.94	0.72	0.98	0.88	1.29	2.19	1.51	1.32	1.31	- -
Cash & Equivalents per Share	0.31	1.47	0.56	0.58	0.03	0.1	0.11	0.01	0.03	0.04	0.02	0.02	0.03	0.01	- -
Book Value per Share	24.96	24.53	26.78	26.18	23.53	27.12	32.86	30.02	38.42	39.49	48.87	40.48	46.49	54.26	60.5
Tangible Book Value per Share	24.96	24.53	26.78	26.18	23.53	27.12	32.86	30.02	38.42	39.49	48.87	40.48	46.49	54.26	60.5

Central Securities Corp.