IDT Corporation Financial Ratios — IDT Stock

Profitability	2010 Y	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
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	115.23
Return on Assets (%)	3.77	4.94	7.58	2.62	4.1	17.48	4.92	1.65	0.92	0.03	5.05	21.03	5.35	8.03	12.15
Return on Capital (%)	-13.3	- -	- -	-5.75	-9.45	-50.53	-14.21	- -	-1.97	0.04	- -	- -	-151.65	156.18	- -
Return on Invested Capital (%)	9.13	- -	- -	15.88	23.33	18.64	14.26	- -	6.22	0.6	- -	- -	25.52	23.31	- -
Gross Margin (%)	20.37	17.15	15.73	16.35	17.21	16.81	16.69	15.05	15.6	16.69	19.45	20.24	23.83	28.84	32.36
EBITDA Margin (%)	4.33	2.17	0.63	3	2.79	2.69	3.06	1.81	2.31	1.66	2.97	4.88	5.24	6.63	6.84
Operating Margin (%)	1.93	0.62	-0.47	2.08	1.81	1.54	1.69	0.37	0.84	0.05	1.45	3.65	3.91	5	5.15
Incremental Operating Margin (%)	-19.99	42.47	- -	35.73	-12.64	9.66	-0.68	-360.06	16.3	8.88	-29.71	32.85	-0.66	-6.87	-0.42
Pretax Margin (%)	1.86	0.56	-0.79	2.09	1.51	5.77	1.97	0.51	0.52	0.03	1.32	4.51	2.56	4.91	5.13
Profit Margin (%)	1.45	1.98	2.57	0.72	1.14	5.29	1.57	0.54	0.27	0.01	1.59	6.67	1.98	3.27	5.35
Net Income to Common Margin (%)	1.45	1.98	2.57	0.72	1.14	5.29	1.57	0.54	0.27	0.01	1.59	6.67	1.98	3.27	5.35
Effective Tax Rate (%)	20.34	- -	- -	46.75	15.93	6.6	13.95	- -	35.82	27.15	- -	- -	16.85	27.04	- -
Dvd Payout Ratio (%)	9.4	86.5	48.32	85.98	58.68	54.24	63.81	160.95	225.22	- -	- -	- -	- -	- -	3.52
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	111.18

Credit	2010 Y	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
Total Debt	41	32	30	28	20	6	- -	- -	- -	- -	7	5	5	3	2
ST Debt	7	2	1	22	13	6	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	34	30	30	7	6	- -	- -	- -	- -	- -	7	5	5	3	2
Total Debt/EBITDA	0.67	1.08	3.17	0.58	0.43	0.15	- -	- -	- -	- -	0.18	0.08	0.06	0.04	0.02
Net Debt/EBITDA	-3.11	-7.62	-12.42	-2.54	-2.91	-2.42	-2.27	-3.32	-2.07	-3.43	-2.12	-1.52	-1.38	-1.26	-2
Total Debt/EBIT	1.51	3.78	-4.27	0.84	0.66	0.26	- -	- -	- -	- -	0.38	0.1	0.09	0.05	0.02
Net Debt/EBIT	-6.96	-26.56	16.72	-3.66	-4.5	-4.24	-4.12	-16.28	-5.69	-110.58	-4.34	-2.03	-1.84	-1.67	-2.65
EBITDA to Interest Expense	9.64	5.18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	9.64	5.18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	4.3	1.49	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	6	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-44.66	-38.67	-43.47	-46.72	-40.85	-32.85	-32.66	-31.42	-43.25	-36.17	-34.35	-8.3	-3.12	4.89	15.8
Long-Term Debt/Equity (%)	18.31	14.51	28.93	7.43	6.28	- -	- -	- -	- -	- -	10.34	3.28	2.55	1.37	0.58
Long-Term Debt/Capital (%)	-18.07	-15.31	-17.98	-3.79	-3.61	- -	- -	- -	- -	- -	-5.43	-15.49	200.35	6.46	1.41
Long-Term Debt/Total Assets (%)	6.58	5.2	6.59	1.52	1.32	- -	- -	- -	- -	- -	1.82	1.07	0.93	0.56	0.28
Total Debt/Equity (%)	21.89	15.64	29.47	31.66	19.4	4.71	- -	- -	- -	- -	10.34	3.28	2.55	1.37	0.58
Total Debt/Capital (%)	-21.61	-16.5	-18.31	-16.16	-11.16	-4.18	- -	- -	- -	- -	-5.43	-15.49	200.35	6.46	1.41
Total Debt/Total Assets (%)	7.86	5.61	6.71	6.48	4.08	1.31	- -	- -	- -	- -	1.82	1.07	0.93	0.56	0.28
Net Debt to Equity	-100.81	-109.96	-115.48	-138.42	-132.65	-77.08	-83.73	-58.45	-236.34	-149.69	-119.29	-64.31	-54.39	-49.24	-61.73
Net Debt/Capital (%)	45.71	50.08	37.75	37.81	40.7	39.63	40.47	36.94	30.05	32.95	38.54	75.2	102.39	175.53	295.14
EBITDA	60	29	10	49	46	43	46	27	36	23	40	71	71	82	82
EBITDA-CapEx	60	29	10	48	46	43	46	27	36	23	40	71	71	82	82
Operating Income (Loss)	27	8	-7	34	30	25	25	6	13	1	20	53	53	62	62

Liquidity	2010 Y	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
Cash Ratio	0.78	0.78	0.49	0.48	0.45	0.43	0.46	0.41	0.22	0.23	0.34	0.48	0.45	0.52	0.69
Current Ratio	1.34	1.34	0.96	0.88	0.92	0.98	0.99	1.02	0.9	0.95	0.99	1.14	1.19	1.32	1.51
Quick Ratio	1.15	1.17	0.77	0.68	0.64	0.62	0.59	0.59	0.41	0.38	0.47	0.62	0.58	0.63	0.84
CFO/Avg Current Liab	0.19	0.17	0.11	0.18	0.13	0.09	0.14	0.1	0.06	0.23	-0.08	0.2	0.09	0.18	0.27
Common Equity/Total Assets	-44.66	-38.67	-43.47	-46.72	-40.85	-32.85	-32.66	-31.42	-43.25	-36.17	-34.35	-8.3	-3.12	4.89	15.8
Long-Term Debt/Equity (%)	18.31	14.51	28.93	7.43	6.28	- -	- -	- -	- -	- -	10.34	3.28	2.55	1.37	0.58
Long-Term Debt/Capital (%)	-18.07	-15.31	-17.98	-3.79	-3.61	- -	- -	- -	- -	- -	-5.43	-15.49	200.35	6.46	1.41
Long-Term Debt/Total Assets (%)	6.58	5.2	6.59	1.52	1.32	- -	- -	- -	- -	- -	1.82	1.07	0.93	0.56	0.28
Total Debt/Equity (%)	21.89	15.64	29.47	31.66	19.4	4.71	- -	- -	- -	- -	10.34	3.28	2.55	1.37	0.58
Total Debt/Capital (%)	-21.61	-16.5	-18.31	-16.16	-11.16	-4.18	- -	- -	- -	- -	-5.43	-15.49	200.35	6.46	1.41
Total Debt/Total Assets (%)	7.86	5.61	6.71	6.48	4.08	1.31	- -	- -	- -	- -	1.82	1.07	0.93	0.56	0.28
CFO/Total Liabilities	17.22	13.85	9.91	16.52	12.04	8.71	14.2	9.9	5.54	21.82	-8.87	19.25	9.3	18.03	27.58
CFO/CapEx	- -	- -	- -	54.84	182.88	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	2.75	2.41	2.92	3.73	3.44	3.54	3.5	3.1	3.57	3.11	3.43	5.49	4.71	4.54	5.33

Working Capital	2010 Y	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
Accounts Receivable Turnover	11.44	11.68	14.39	21.89	24.58	24.97	28.29	26.77	22.8	21.88	26.33	31.87	31.66	34.6	32.45
Days Sales Outstanding	31.91	31.26	25.36	16.68	14.85	14.61	12.9	13.64	16.01	16.68	13.86	11.45	11.53	10.55	11.25
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	18.35	20.04	25.74	34.25	33.57	37.27	42.3	36.04	30.06	28.3	34.84	46.49	39.18	34.73	34.7
Accounts Payable Turnover Days	19.89	18.22	14.18	10.66	10.87	9.79	8.63	10.13	12.14	12.9	10.48	7.85	9.32	10.51	10.52
Cash Conversion Cycle	12.02	13.05	11.17	6.02	3.98	4.82	4.27	3.51	3.86	3.78	3.39	3.6	2.21	0.04	0.73
Inventory to Cash Days	31.91	31.26	25.36	16.68	14.85	14.61	12.9	13.64	16.01	16.68	13.86	11.45	11.53	10.55	11.25
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2010 Y	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
Market Capitalization	97	131	101	224	218	277	312	324	129	256	170	1,263	668	602	963
- Cash & Cash Equivalents	222	254	149	152	154	110	104	90	74	80	85	107	98	104	165
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	2	-5	- -	1	1	1	- -	9	1	-3	-4	2	13	17	20
+ Total Debt	41	32	30	28	20	6	- -	- -	- -	- -	7	5	5	3	2
Enterprise Value	-83	-97	-17	91	72	133	155	184	49	165	65	1,107	548	470	792
Total Capital	-188	-193	-165	-175	-176	-152	-153	-154	-172	-163	-135	-35	2	45	109
Total Debt/Capital (%)	-21.61	-16.5	-18.31	-16.16	-11.16	-4.18	- -	- -	- -	- -	-5.43	-15.49	200.35	6.46	1.41
Total Debt / EV	-0.49	-0.33	-1.76	0.31	0.27	0.05	- -	- -	- -	- -	0.11	- -	0.01	0.01	- -
EV/Sales	- -	- -	- -	0.06	0.04	0.08	0.1	0.12	0.03	0.12	0.05	0.76	0.4	0.38	0.66
EV/EBITDA	- -	- -	- -	1.88	1.55	3.11	3.39	6.75	1.38	7.05	1.62	15.68	7.67	5.72	9.6
EV/EBIT	- -	- -	- -	2.71	2.4	5.44	6.15	33.13	3.8	227.08	3.31	20.96	10.27	7.58	12.75
EV/Cash Flow to Firm	- -	- -	- -	1.6	1.57	4.37	3.16	5.09	2.42	1.93	- -	16.62	18.64	8.67	10.12
EV/Free Cash Flow to Firm	- -	- -	- -	1.57	1.56	4.37	3.16	5.09	2.42	1.93	- -	16.62	18.64	8.67	10.12
Diluted Market Cap	102	143	107	239	227	281	312	325	129	256	171	1,291	683	604	969
Diluted Enterprise Value	-77	-84	-11	117	94	178	209	244	56	173	90	1,191	602	520	826
EV per Share	- -	- -	- -	4.38	3.26	5.83	6.81	7.93	2	6.51	2.47	43.42	21.25	18.4	31.36
TTM Sales	1,395	1,351	1,506	1,621	1,652	1,597	1,496	1,502	1,547	1,409	1,346	1,447	1,364	1,239	1,206
TTM EBITDA	60	29	10	49	46	43	46	27	36	23	40	71	71	82	82
TTM Operating Income	27	8	-7	34	30	25	25	6	13	1	20	53	53	62	62
TTM Cash Flow to Firm	62	66	35	57	46	31	49	36	20	85	-30	67	29	54	78
TTM Free Cash Flow to Firm	62	66	35	58	46	31	49	36	20	85	-30	67	29	54	78

Multiples	2010 Y	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
Price/Earnings	4.79	4.89	2.61	19.3	11.6	3.27	13.25	39.58	30.58	1,908.3	7.95	13.09	24.71	14.87	14.94
Price/Earnings Average	1.63	4.65	2.56	11.58	12.94	3.31	10.25	43.32	57.59	1,331.71	8.77	5.09	36.98	17.81	12.72
Price/Earnings High	8.15	9.6	5.46	27.01	22.47	5.27	15.77	65.57	96.56	2,217.86	14.52	14.19	64.22	22.17	16.28
Price/Earnings Low	0.99	4.23	2.96	11.13	14.85	3.17	8.71	34.11	28.24	953.21	5.9	1.57	20.69	14.53	8.47
Price/Book Value	-0.42	-0.6	-0.51	-1.1	-1.11	-1.73	-2.03	-1.98	-0.74	-1.59	-1.22	-29.68	-43.04	24.11	11.08
Price/Book Value Average	-0.14	-0.57	-0.51	-0.66	-1.24	-1.75	-1.57	-2.17	-1.4	-1.11	-1.35	-11.55	-64.4	28.87	9.43
Price/Book Value High	-0.72	-1.17	-1.08	-1.54	-2.15	-2.79	-2.42	-3.29	-2.35	-1.85	-2.24	-32.16	-111.84	35.94	12.08
Price/Book Value Low	-0.09	-0.52	-0.58	-0.64	-1.42	-1.68	-1.34	-1.71	-0.69	-0.8	-0.91	-3.56	-36.03	23.55	6.29
Price/Tangible Book Value	0.59	0.72	1.17	3.07	2.58	2.32	2.76	2.26	6.6	6.7	3.13	8.76	4.61	3.43	4.11
Price/Tangible Book Value Average	0.2	0.68	1.15	1.84	2.87	2.34	2.13	2.47	12.43	4.68	3.46	3.41	6.9	4.1	3.5
Price/Tangible Book Value High	1.01	1.41	2.45	4.3	4.99	3.73	3.28	3.74	20.85	7.79	5.73	9.49	11.98	5.11	4.49
Price/Tangible Book Value Low	0.12	0.62	1.33	1.77	3.3	2.25	1.81	1.95	6.1	3.35	2.33	1.05	3.86	3.35	2.33
Price/Sales	0.07	0.1	0.07	0.14	0.13	0.17	0.21	0.22	0.08	0.18	0.13	0.87	0.49	0.49	0.8
Price/Sales Average	0.02	0.09	0.07	0.08	0.15	0.18	0.16	0.24	0.16	0.13	0.14	0.34	0.73	0.58	0.68
Price/Sales High	0.12	0.19	0.14	0.19	0.26	0.28	0.25	0.36	0.26	0.21	0.23	0.95	1.27	0.72	0.87
Price/Sales Low	0.01	0.08	0.08	0.08	0.17	0.17	0.14	0.19	0.08	0.09	0.09	0.1	0.41	0.47	0.45
Price/Cash Flow	1.7	2.6	2.92	3.92	4.77	9.06	6.35	8.97	6.31	3	-5.75	18.96	22.72	11.12	12.31
Price/Cash Flow Average	0.58	2.47	2.87	2.35	5.32	9.16	4.91	9.82	11.88	2.1	-6.35	7.38	33.99	13.32	10.48
Price/Cash Flow High	2.9	5.1	6.11	5.48	9.23	14.58	7.56	14.86	19.92	3.49	-10.51	20.54	59.02	16.58	13.42
Price/Cash Flow Low	0.35	2.25	3.31	2.26	6.1	8.78	4.18	7.73	5.83	1.5	-4.27	2.28	19.01	10.86	6.99
Price/Free Cash Flow	1.79	2.84	3.11	4.11	4.94	9.2	6.37	9.02	6.33	3.01	-5.79	19.38	23.21	11.15	12.39
Price/Free Cash Flow Average	0.61	2.7	3.06	2.47	5.51	9.29	4.93	9.87	11.91	2.1	-6.39	7.54	34.73	13.35	10.55
Price/Free Cash Flow High	3.05	5.57	6.51	5.76	9.57	14.8	7.58	14.94	19.97	3.49	-10.58	20.99	60.32	16.62	13.51
Price/Free Cash Flow Low	0.37	2.46	3.53	2.37	6.32	8.92	4.19	7.77	5.84	1.5	-4.3	2.33	19.43	10.89	7.03
EV/Sales	- -	- -	- -	0.06	0.04	0.08	0.1	0.12	0.03	0.12	0.05	0.76	0.4	0.38	0.66
EV/Sales Average	- -	- -	- -	0.01	0.07	0.11	0.09	0.18	0.11	0.07	0.08	0.27	0.67	0.51	0.56
EV/Sales High	- -	0.02	0.06	0.12	0.17	0.21	0.18	0.3	0.22	0.15	0.17	0.88	1.21	0.66	0.75
EV/Sales Low	- -	- -	- -	- -	0.09	0.1	0.07	0.13	0.03	0.03	0.03	0.04	0.35	0.41	0.33
EV/EBITDA	- -	- -	- -	1.88	1.55	3.11	3.39	6.75	1.38	7.05	1.62	15.68	7.67	5.72	9.6
EV/EBITDA Average	-2.41	-3.5	-1.99	0.24	2.38	4.11	3	10.01	4.72	4.09	2.67	5.55	12.86	7.76	8.21
EV/EBITDA High	-0.22	1.01	9.73	3.92	6.26	7.97	5.84	16.68	9.3	9.18	5.75	17.98	23.16	9.91	11
EV/EBITDA Low	-2.63	-3.88	-0.4	0.13	3.15	3.85	2.21	7.24	1.27	1.92	1.13	0.73	6.7	6.14	4.89
EV/EBIT	- -	- -	- -	2.71	2.4	5.44	6.15	33.13	3.8	227.08	3.31	20.96	10.27	7.58	12.75
EV/EBIT Average	-5.41	-12.2	2.68	0.34	3.68	7.2	5.45	49.15	12.99	131.85	5.46	7.41	17.22	10.28	10.9
EV/EBIT High	-0.5	3.51	-13.1	5.65	9.68	13.94	10.59	81.94	25.6	295.64	11.76	24.02	31.02	13.13	14.6
EV/EBIT Low	-5.9	-13.53	0.53	0.19	4.88	6.73	4.01	35.57	3.5	61.9	2.31	0.98	8.97	8.14	6.5
Last Price	4.75	6.37	4.87	10.73	9.9	12.08	13.69	13.96	5.22	10.11	6.48	49.55	25.9	23.6	38.14
High Price	8.09	12.51	10.19	15.02	19.18	19.44	16.29	23.13	16.48	11.75	11.84	53.68	67.3	35.18	41.58
Low Price	0.99	5.52	5.52	6.19	12.67	11.71	9	12.03	4.82	5.05	4.81	5.95	21.68	23.05	21.64
Enterprise Value	-83	-97	-17	91	72	133	155	184	49	165	65	1,107	548	470	792
Enterprise Value Average	-146	-103	-19	12	110	177	137	273	169	96	107	391	919	637	677
Enterprise Value High	-13	30	93	191	289	342	267	455	333	214	230	1,269	1,655	814	907
Enterprise Value Low	-159	-114	-4	6	146	165	101	197	45	45	45	52	479	504	404

Per Share Data Items	2010 Y	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
Shares Outstanding	23	23	23	23	23	23	23	25	24	26	26	26	26	25	25
Diluted Weighted Avg Shares	22	22	22	22	23	23	23	23	25	25	26	26	26	26	25
Basic Weighted Avg Shares	20	21	21	21	22	23	23	23	25	25	26	25	26	26	25
Revenue per Share	68.21	65.71	72.71	77.63	75.04	69.72	65.73	64.78	62.77	55.71	51.21	56.76	52.89	48.55	47.77
EBITDA per Share	2.95	1.43	0.46	2.33	2.1	1.88	2.01	1.18	1.45	0.92	1.52	2.77	2.77	3.22	3.27
Operating Income per Share	1.32	0.41	-0.34	1.62	1.36	1.07	1.11	0.24	0.53	0.03	0.74	2.07	2.07	2.43	2.46
Basic EPS, GAAP	0.99	1.3	1.87	0.56	0.85	3.69	1.03	0.35	0.17	0.01	0.82	3.78	1.05	1.59	2.55
Basic EPS from Cont Ops	1.01	1.02	1.49	0.87	0.95	3.76	1.11	0.42	0.21	0.01	0.82	3.8	1.12	1.74	2.7
Diluted EPS, GAAP	0.94	1.19	1.75	0.52	0.82	3.63	1.03	0.35	0.17	0.01	0.81	3.7	1.03	1.58	2.54
Diluted EPS from Cont Ops	0.96	0.93	1.4	0.81	0.92	3.7	1.11	0.41	0.21	0.01	0.81	3.72	1.1	1.73	2.69
Dividend per Share	0.09	0.74	0.72	0.82	0.62	2.08	0.76	0.77	0.57	- -	- -	- -	- -	- -	0.1
Cash Flow per Share	2.79	2.45	1.67	2.74	2.08	1.33	2.15	1.56	0.83	3.37	-1.13	2.61	1.14	2.12	3.1
Free Cash Flow per Basic Share	2.79	2.45	1.67	2.69	2.07	1.33	2.15	1.56	0.83	3.37	-1.13	2.61	1.14	2.12	3.1
Cash & Equivalents per Share	10.91	12.37	7.19	7.73	7.57	6.58	6.89	6.41	3.24	3.49	4.16	6.42	5.34	5.97	7.65
Book Value per Share	-11.31	-10.68	-9.46	-9.74	-8.93	-6.97	-6.74	-7.03	-7.01	-6.34	-5.29	-1.67	-0.6	0.98	3.44
Tangible Book Value per Share	8.01	8.87	4.16	3.49	3.84	5.21	4.96	6.18	0.79	1.51	2.07	5.65	5.62	6.89	9.27

IDT Corporation

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items