Frontage Holdings Corporation Financial Ratios — FGHQF Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	54.07	119.57	167,490.91	85,750	92,140	52.89	10.52	0.73	6.14
Return on Assets (%)	- -	20.36	16.7	9.38	4.91	4.29	5.01	1.93	0.14	1.24
Return on Capital (%)	- -	37.01	60.25	128.13	59.59	38.69	20.33	6.79	1.2	4.44
Return on Invested Capital (%)	- -	38.46	22.73	7.57	5.19	6.05	6.07	3.2	0.43	2.39
Gross Margin (%)	39.66	44.25	40.78	37.14	32.97	36.16	35.63	30.17	27.39	26.96
EBITDA Margin (%)	21.39	28.38	15.71	14.36	14.2	15.46	14.08	7.87	3.66	7.64
Operating Margin (%)	21.39	28.38	15.71	14.36	14.2	15.46	14.08	7.87	3.66	7.64
Incremental Operating Margin (%)	- -	44.11	-53.42	7.86	13.58	18.15	10.25	-156.04	224.51	576.07
Pretax Margin (%)	21.32	22.97	16.96	20.78	15.52	13.59	14.42	5.61	1.08	4.51
Profit Margin (%)	13.66	14.47	13.52	18.35	13.63	9.99	10.28	4.16	0.31	2.65
Net Income to Common Margin (%)	13.66	14.47	13.52	18.35	13.63	9.99	10.28	4.16	0.31	2.65
Effective Tax Rate (%)	30.22	36.99	20.24	11.65	10.79	24.51	28.25	26.4	77.44	41.64
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	54.07	119.57	167,490.91	85,750	92,140	52.89	10.52	0.73	6.14

Credit (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	8	11	9	21	41	58	118	145	154	128
ST Debt	2	4	6	4	5	7	24	32	61	56
LT Debt	6	7	3	17	35	51	94	113	93	72
Total Debt/EBITDA	0.74	0.54	0.68	1.45	2.27	2.03	3.35	7.1	16.53	6.51
Net Debt/EBITDA	0.04	0.1	-0.89	-14.37	-11.87	-5.07	-1.09	1.38	5.52	2.01
Total Debt/EBIT	0.74	0.54	0.68	1.45	2.27	2.03	3.35	7.1	16.53	6.51
Net Debt/EBIT	0.04	0.1	-0.89	-14.37	-11.87	-5.07	-1.09	1.38	5.52	2.01
EBITDA to Interest Expense	38.26	63.28	34.55	11.7	8.14	11.05	8.93	2.89	0.98	2.6
EBITDA-CapEx/Interest Expense	23.48	53.08	20.74	0.44	1.26	-8.58	-3.24	-0.1	-1.73	1.05
EBIT to Interest Expense	38.26	63.28	34.55	11.7	8.14	11.05	8.93	2.89	0.98	2.6
Interest Expense	- -	- -	- -	1	2	3	4	7	10	8
Common Equity/Total Assets	44.09	32.87	- -	0.01	0.01	- -	17.67	18.9	19.39	21.09
Long-Term Debt/Equity (%)	31.16	22.45	6.44	6.27	12.27	15.65	27.97	32.82	27.89	20.57
Long-Term Debt/Capital (%)	22.05	23.02	31.78	76.98	85.08	82.72	43.04	44.28	35.46	29.47
Long-Term Debt/Total Assets (%)	13.72	11.86	3.63	5.27	9.26	10.62	17.06	19.81	16.84	13.24
Total Debt/Equity (%)	41.2	35.31	20.26	7.88	14.06	17.91	35.19	42.04	46.18	36.67
Total Debt/Capital (%)	29.16	36.21	99.98	96.76	97.54	94.66	54.15	56.71	58.71	52.52
Total Debt/Total Assets (%)	18.15	18.66	11.41	6.63	10.61	12.16	21.47	25.37	27.88	23.59
Net Debt to Equity	2.03	6.86	-26.67	-78.13	-73.42	-44.76	-11.49	8.18	15.43	11.31
Net Debt/Capital (%)	1.64	8.25	155.98	111.34	124.43	173.16	-29.49	13.94	23.57	19.05
EBITDA	10	20	13	14	18	29	35	20	9	20
EBITDA-CapEx	6	17	8	1	3	-22	-13	-1	-17	8
Operating Income (Loss)	10	20	13	14	18	29	35	20	9	20

Liquidity (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.21	0.22	0.55	7.15	4.71	2.04	0.93	0.55	0.4	0.38
Current Ratio	1.11	1.55	1.49	8.34	5.59	2.89	1.76	1.42	1.23	1.33
Quick Ratio	0.21	0.22	0.55	7.15	4.71	2.04	0.93	0.55	0.4	0.38
CFO/Avg Current Liab	- -	0.38	0.92	0.64	0.85	0.75	0.73	0.4	0.38	0.41
Common Equity/Total Assets	44.09	32.87	- -	0.01	0.01	- -	17.67	18.9	19.39	21.09
Long-Term Debt/Equity (%)	31.16	22.45	6.44	6.27	12.27	15.65	27.97	32.82	27.89	20.57
Long-Term Debt/Capital (%)	22.05	23.02	31.78	76.98	85.08	82.72	43.04	44.28	35.46	29.47
Long-Term Debt/Total Assets (%)	13.72	11.86	3.63	5.27	9.26	10.62	17.06	19.81	16.84	13.24
Total Debt/Equity (%)	41.2	35.31	20.26	7.88	14.06	17.91	35.19	42.04	46.18	36.67
Total Debt/Capital (%)	29.16	36.21	99.98	96.76	97.54	94.66	54.15	56.71	58.71	52.52
Total Debt/Total Assets (%)	18.15	18.66	11.41	6.63	10.61	12.16	21.47	25.37	27.88	23.59
CFO/Total Liabilities	39.17	25.06	66.98	37.46	33.73	29.16	29.08	17.53	18.53	22.76
CFO/CapEx	2.33	2.1	4.34	1.35	2.1	0.88	1.3	1.88	1.57	3.77
Altman's Z-Score	2	2.6	1.85	1.34	7.58	6.18	3.48	3.27	1.95	2.53

Working Capital (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	7.97	6.54	6.45	6.44	6.55	6.25	5.32	4.59	4.2
Days Sales Outstanding	- -	45.79	55.77	56.63	56.67	55.7	58.39	68.59	79.59	87
Inventory Turnover	- -	- -	1,348.38	513.2	188.02	141.01	78.03	60.63	65.21	64.05
Days Inventory Outstanding	- -	- -	0.27	0.71	1.94	2.59	4.68	6.02	5.6	5.7
Accounts Payable Turnover	- -	17.47	14.55	15.31	14.03	12.5	14.55	15.34	17.41	19.9
Accounts Payable Turnover Days	- -	20.9	25.09	23.84	26.01	29.2	25.09	23.8	20.97	18.34
Cash Conversion Cycle	- -	24.89	30.96	33.5	32.61	29.09	37.98	50.81	64.22	74.35
Inventory to Cash Days	- -	45.79	55.5	55.92	54.73	53.12	53.71	62.57	73.99	81.3
Inventories	- -	- -	- -	- -	1	1	3	3	3	3
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	1	1	3	3	3	3

Enterprise Value (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	- -	- -	986	1,270	669	666	205	304
- Cash & Cash Equivalents	3	4	16	208	212	145	87	53	44	36
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	1	1	3	3	3	1	1
+ Total Debt	8	11	9	21	41	58	118	145	154	128
Enterprise Value	4	6	-7	-186	813	1,183	699	759	316	393
Total Capital	27	29	9	22	42	61	218	256	263	243
Total Debt/Capital (%)	29.16	36.21	99.98	96.76	97.54	94.66	54.15	56.71	58.71	52.52
Total Debt / EV	1.73	1.69	-1.18	-0.11	0.05	0.05	0.17	0.19	0.49	0.32
EV/Sales	0.09	0.09	- -	- -	6.46	6.41	2.79	2.92	1.24	1.53
EV/EBITDA	0.43	0.32	- -	- -	45.52	41.49	19.83	37.13	33.86	20.06
EV/EBIT	0.43	0.32	- -	- -	45.52	41.49	19.83	37.13	33.86	20.06
EV/Cash Flow to Firm	0.47	0.91	- -	- -	24.2	25.44	10.71	16.89	7.39	8.14
EV/Free Cash Flow to Firm	0.33	0.62	- -	- -	16.7	12.18	6.17	11.49	4.6	6.56
Diluted Market Cap	- -	- -	- -	- -	1,019	1,312	681	676	205	304
Diluted Enterprise Value	4	6	-7	-186	848	1,228	714	770	317	396
EV per Share	- -	- -	- -	- -	0.4	0.58	0.34	0.37	0.16	0.19
TTM Sales	49	70	83	100	126	184	250	260	255	257
TTM EBITDA	10	20	13	14	18	29	35	20	9	20
TTM Operating Income	10	20	13	14	18	29	35	20	9	20
TTM Cash Flow to Firm	10	7	23	20	34	46	65	45	43	48
TTM Free Cash Flow to Firm	14	10	28	34	49	97	113	66	69	60

Multiples (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	- -	- -	21.79	13.78	6.16	11.1	3.08	5.46
EV/EBIT	0.43	0.32	- -	- -	45.52	41.49	19.83	37.13	33.86	20.06
Enterprise Value	4	6	-7	-186	813	1,183	699	759	316	393
Low Price	- -	- -	- -	- -	0.49	0.49	0.33	0.33	0.1	0.1
EV/Sales	0.09	0.09	- -	- -	6.46	6.41	2.79	2.92	1.24	1.53
EV/EBITDA	0.43	0.32	- -	- -	45.52	41.49	19.83	37.13	33.86	20.06
Price/Earnings	- -	- -	- -	- -	57.51	68.94	25.99	61.63	258.75	44.7
Price/Earnings Average	- -	- -	- -	- -	57.51	63.63	41.43	61.63	436.29	36.35
Price/Earnings High	- -	- -	- -	- -	57.51	88.96	49.34	61.63	836.67	48.34
Price/Earnings Low	- -	- -	- -	- -	57.51	54.5	25.99	61.63	258.75	30.14
Price/Book Value	- -	- -	- -	- -	49,312.86	63,518.04	6.88	6.16	1.91	2.66
Price/Book Value Average	- -	- -	- -	- -	49,312.86	58,628.78	10.96	6.16	3.22	2.16
Price/Book Value High	- -	- -	- -	- -	49,312.86	81,971.98	13.05	6.16	6.17	2.88
Price/Book Value Low	- -	- -	- -	- -	49,312.86	50,218.09	6.88	6.16	1.91	1.79
Price/Tangible Book Value	- -	- -	- -	- -	3.96	5.78	4.37	5.37	1.75	2.21
Price/Tangible Book Value Average	- -	- -	- -	- -	3.96	5.33	6.96	5.37	2.94	1.8
Price/Tangible Book Value High	- -	- -	- -	- -	3.96	7.45	8.29	5.37	5.64	2.39
Price/Tangible Book Value Low	- -	- -	- -	- -	3.96	4.57	4.37	5.37	1.75	1.49
Price/Sales	- -	- -	- -	- -	7.84	6.89	2.67	2.56	0.8	1.18
Price/Sales Average	- -	- -	- -	- -	7.84	6.36	4.26	2.56	1.35	0.96
Price/Sales High	- -	- -	- -	- -	7.84	8.89	5.07	2.56	2.6	1.28
Price/Sales Low	- -	- -	- -	- -	7.84	5.45	2.67	2.56	0.8	0.8
Price/Cash Flow	- -	- -	- -	- -	31.16	28.52	10.71	16.76	5.04	6.91
Price/Cash Flow Average	- -	- -	- -	- -	31.16	26.32	17.08	16.76	8.49	5.62
Price/Cash Flow High	- -	- -	- -	- -	31.16	36.8	20.33	16.76	16.29	7.48
Price/Cash Flow Low	- -	- -	- -	- -	31.16	22.55	10.71	16.76	5.04	4.66
Price/Free Cash Flow Average	- -	- -	- -	- -	21.79	12.72	9.82	11.1	5.2	4.44
Price/Free Cash Flow High	- -	- -	- -	- -	21.79	17.78	11.7	11.1	9.97	5.91
Price/Free Cash Flow Low	- -	- -	- -	- -	21.79	10.89	6.16	11.1	3.08	3.68
EV/Sales Average	0.09	0.09	- -	- -	6.48	5.9	4.39	2.93	1.79	1.32
EV/Sales High	0.09	0.09	- -	- -	6.48	8.44	5.21	2.93	3.03	1.64
EV/Sales Low	0.09	0.09	- -	- -	6.48	4.99	2.81	2.93	1.24	1.16
EV/EBITDA Average	0.43	0.32	-0.57	-12.91	45.66	38.2	31.19	37.2	48.9	17.31
EV/EBITDA High	0.43	0.32	-0.57	-12.91	45.66	54.58	36.96	37.2	82.82	21.46
EV/EBITDA Low	0.43	0.32	-0.57	-12.91	45.66	32.3	19.92	37.2	33.86	15.16
EV/EBIT Average	0.43	0.32	-0.57	-12.91	45.66	38.2	31.19	37.2	48.9	17.31
EV/EBIT High	0.43	0.32	-0.57	-12.91	45.66	54.58	36.96	37.2	82.82	21.46
EV/EBIT Low	0.43	0.32	-0.57	-12.91	45.66	32.3	19.92	37.2	33.86	15.16
Last Price	- -	- -	- -	- -	0.49	0.62	0.33	0.33	0.1	0.15
High Price	- -	- -	- -	- -	0.49	0.8	0.62	0.33	0.33	0.16
Enterprise Value Average	4	6	-7	-186	816	1,089	1,100	761	457	339
Enterprise Value High	4	6	-7	-186	816	1,556	1,303	761	773	421
Enterprise Value Low	4	6	-7	-186	816	921	702	761	316	297

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	2,008	2,008	2,008	2,008	2,037	2,051	2,056	2,047	2,024	2,028
Diluted Weighted Avg Shares	2,008	2,008	2,008	1,860	2,079	2,116	2,084	2,070	2,031	2,028
Basic Weighted Avg Shares	2,008	2,008	2,008	1,803	2,012	2,049	2,048	2,040	2,026	2,027
Revenue per Share	0.02	0.03	0.04	0.06	0.06	0.09	0.12	0.13	0.13	0.13
EBITDA per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.01	- -	0.01
Operating Income per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.01	- -	0.01
Basic EPS, GAAP	- -	0.01	0.01	0.01	0.01	0.01	0.01	0.01	- -	- -
Basic EPS from Cont Ops	- -	0.01	0.01	0.01	0.01	0.01	0.01	0.01	- -	- -
Diluted EPS, GAAP	- -	0.01	0.01	0.01	0.01	0.01	0.01	0.01	- -	- -
Diluted EPS from Cont Ops	- -	0.01	0.01	0.01	0.01	0.01	0.01	0.01	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	0.01	0.01	0.02	0.02	0.03	0.02	0.02	0.02
Free Cash Flow per Basic Share	- -	- -	0.01	- -	0.01	- -	0.01	0.01	0.01	0.02
Cash & Equivalents per Share	- -	- -	0.01	0.12	0.11	0.07	0.04	0.03	0.02	0.02
Book Value per Share	0.01	0.01	- -	- -	- -	- -	0.05	0.05	0.05	0.06
Tangible Book Value per Share	0.01	0.02	0.02	0.14	0.12	0.11	0.07	0.06	0.06	0.07

Frontage Holdings Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)