Newmark Group, Inc. Financial Ratios — NMRK Stock

Profitability (USD)

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	136.98	64.66	42.28	35.11	21.31	104.39	7.47	3.68	5.15	10
Return on Assets (%)	- -	8.03	6.01	3.73	3.52	2.23	16.32	1.82	1.01	1.33	2.59
Return on Capital (%)	- -	39.02	13.26	2.82	4.83	3.61	16.91	2.26	1.17	1.7	3.37
Return on Invested Capital (%)	- -	12.48	6.1	6.36	5.2	4.89	0.49	5.72	2.08	2.87	3.85
Gross Margin (%)	31.99	37.04	38.13	43.25	42.47	100	100	100	100	100	100
EBITDA Margin (%)	5.08	16.62	13.89	14.8	13.36	16.27	4.95	16.6	11.24	12.07	11.3
Operating Margin (%)	-0.9	11.27	7.88	10.03	7.45	8.86	0.76	10.47	4.51	5.71	5.8
Incremental Operating Margin (%)	- -	108.8	-10.66	17.61	-23.46	-1.09	-14.64	-130	73.1	16.78	6.23
Pretax Margin (%)	-0.78	12.68	12.69	13.79	9.65	7.68	42.01	5.71	4.19	4.79	6.12
Profit Margin (%)	-0.23	12.47	9.05	5.21	5.29	4.2	25.83	3.08	1.72	2.24	3.83
Net Income to Common Margin (%)	-0.23	12.47	9.05	4.96	4.71	3.69	25.62	3.08	1.72	2.24	3.83
Effective Tax Rate (%)	- -	2.33	28.37	32.04	24.49	25.29	19.9	27.2	39.72	34.88	22.86
Dvd Payout Ratio (%)	- -	- -	- -	13.49	29.16	10.4	0.12	12.65	25.44	18.79	11.76
Sustainable Growth Rate (%)	- -	136.98	64.66	36.58	24.87	19.09	104.26	6.53	2.74	4.18	8.82

Credit (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	360	258	1,501	1,510	1,091	2,023	2,404	1,409	1,751	2,023	2,103
ST Debt	360	258	418	972	274	1,124	1,273	782	606	863	994
LT Debt	- -	- -	1,083	538	817	899	1,131	627	1,145	1,161	1,109
Total Debt/EBITDA	5.9	1.15	6.77	4.98	3.68	6.53	16.72	3.14	6.31	6.12	5.65
Net Debt/EBITDA	4.07	0.85	6.23	4.58	2.27	5.11	10.74	1.01	3.17	3.71	3.59
Total Debt/EBIT	-33.37	1.7	11.93	7.36	6.6	11.99	108.92	4.97	15.72	12.94	11.01
Net Debt/EBIT	-23.03	1.26	10.97	6.76	4.07	9.39	69.99	1.6	7.91	7.85	6.99
EBITDA to Interest Expense	- -	- -	- -	6.04	9.24	8.21	4.3	14.5	12.77	10.41	11.46
EBITDA-CapEx/Interest Expense	- -	- -	- -	5.56	8.12	7.69	3.71	12.49	10.22	9.37	10.56
EBIT to Interest Expense	- -	- -	- -	4.09	5.15	4.47	0.66	9.15	5.12	4.92	5.88
Interest Expense	- -	- -	- -	50	32	38	33	31	22	32	32
Common Equity/Total Assets	- -	9.7	8.84	8.1	9.84	8.65	20.74	29.11	26.14	25.68	26.19
Long-Term Debt/Equity (%)	- -	- -	487.23	50.9	86.88	97.6	67.98	41.12	72.55	76.14	63.74
Long-Term Debt/Capital (%)	- -	- -	65.09	23.6	46.79	34.13	29.22	21.62	35.29	32.68	30.01
Long-Term Debt/Total Assets (%)	- -	- -	47.66	15.57	25.53	22.57	21.69	15.91	25.61	24.64	22.09
Total Debt/Equity (%)	44.73	26.22	675.28	142.91	115.97	219.61	144.45	92.41	110.92	132.74	120.87
Total Debt/Capital (%)	98.94	51	90.21	66.26	62.45	76.81	62.09	48.59	53.95	56.97	56.9
Total Debt/Total Assets (%)	21.69	10.18	66.05	43.72	34.07	50.8	46.09	35.76	39.16	42.96	41.89
Net Debt to Equity	30.87	19.45	620.84	131.32	71.45	171.9	92.81	29.65	55.81	80.52	76.74
Net Debt/Capital (%)	98.48	43.56	89.44	64.35	42.45	64.83	41.96	16.96	28.6	36.59	38.52
EBITDA	61	224	222	303	296	310	144	449	278	331	372
EBITDA-CapEx	40	189	201	279	260	290	124	387	222	298	343
Operating Income (Loss)	-11	152	126	205	165	169	22	283	111	156	191

Liquidity (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.15	0.05	0.23	0.1	0.19	0.13	0.33	0.15	0.11	0.11	0.12
Current Ratio	1.14	1.05	1.05	1.06	1.03	1.07	1.15	0.68	1.01	1	1.05
Quick Ratio	0.55	0.23	0.5	0.39	0.7	0.36	0.6	0.49	0.54	0.45	0.45
CFO/Avg Current Liab	- -	-0.6	0.78	-0.27	0.73	-0.57	-0.02	0.63	-0.17	-0.01	0.09
Common Equity/Total Assets	- -	9.7	8.84	8.1	9.84	8.65	20.74	29.11	26.14	25.68	26.19
Long-Term Debt/Equity (%)	- -	- -	487.23	50.9	86.88	97.6	67.98	41.12	72.55	76.14	63.74
Long-Term Debt/Capital (%)	- -	- -	65.09	23.6	46.79	34.13	29.22	21.62	35.29	32.68	30.01
Long-Term Debt/Total Assets (%)	- -	- -	47.66	15.57	25.53	22.57	21.69	15.91	25.61	24.64	22.09
Total Debt/Equity (%)	44.73	26.22	675.28	142.91	115.97	219.61	144.45	92.41	110.92	132.74	120.87
Total Debt/Capital (%)	98.94	51	90.21	66.26	62.45	76.81	62.09	48.59	53.95	56.97	56.9
Total Debt/Total Assets (%)	21.69	10.18	66.05	43.72	34.07	50.8	46.09	35.76	39.16	42.96	41.89
CFO/Total Liabilities	45.34	-41.53	41.63	-13.86	43.64	-25.4	-1.37	49.52	-9.19	-0.31	5.24
CFO/CapEx	18.1	-18.44	40.41	-13.78	27.4	-39.23	-2.47	19.24	-4.8	-0.3	5.86
Altman's Z-Score	1.32	1.3	2.32	1.61	2.12	1.32	1.84	2.15	1.85	1.89	2.19

Working Capital (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	8.72	8.83	6.19	4.62	4.3	6.14	4.95	4.31	4.46	5.34
Days Sales Outstanding	- -	41.88	41.34	59.01	78.98	84.8	59.4	73.72	84.68	81.78	68.31
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	16	14.43	12.04	9.26	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	22.81	25.29	30.33	39.43	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	19.07	16.05	28.68	39.55	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	41.88	41.34	59.01	78.98	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	2,121	1,261	2,393	1,306	3,556	1,437	1,901	2,206	3,094
- Cash & Cash Equivalents	111	67	121	122	164	191	191	233	165	198	229
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	4	2	-38	489	341	266	386	344	326	319	278
+ Total Debt	360	258	1,501	1,510	1,091	2,023	2,404	1,409	1,751	2,023	2,103
Enterprise Value	252	193	3,406	3,089	3,624	3,370	5,631	2,956	3,813	4,350	5,246
Total Capital	363	506	1,664	2,279	1,747	2,634	3,872	2,900	3,246	3,552	3,695
Total Debt/Capital (%)	98.94	51	90.21	66.26	62.45	76.81	62.09	48.59	53.95	56.97	56.9
Total Debt / EV	1.43	1.33	0.44	0.49	0.3	0.6	0.43	0.48	0.46	0.47	0.4
EV/Sales	0.21	0.14	2.13	1.51	1.63	1.77	1.94	1.09	1.54	1.59	1.59
EV/EBITDA	4.13	0.86	15.36	10.19	12.23	10.87	39.16	6.58	13.74	13.15	14.09
EV/EBIT	- -	1.27	27.06	15.05	21.93	19.98	255.13	10.44	34.24	27.82	27.47
EV/Cash Flow to Firm	0.65	- -	3.99	- -	3.58	- -	- -	2.43	- -	404.54	26.62
EV/Free Cash Flow to Firm	0.62	- -	3.89	- -	3.46	- -	- -	2.31	- -	99.4	23.17
Diluted Market Cap	- -	- -	2,201	1,314	2,490	1,310	3,662	1,954	1,933	2,276	4,395
Diluted Enterprise Value	252	193	3,543	3,191	3,759	3,408	6,261	3,474	3,845	4,420	6,547
EV per Share	1.68	1.29	25.53	19.65	20.39	18.82	29.61	16.39	21.98	25.26	29.4
TTM Sales	1,200	1,350	1,596	2,048	2,218	1,905	2,906	2,706	2,470	2,739	3,294
TTM EBITDA	61	224	222	303	296	310	144	449	278	331	372
TTM Operating Income	-11	152	126	205	165	169	22	283	111	156	191
TTM Cash Flow to Firm	387	-644	854	-298	1,011	-750	-22	1,219	-253	11	197
TTM Free Cash Flow to Firm	409	-609	875	-274	1,047	-730	-2	1,281	-197	44	226

Multiples (USD)

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	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	2.52	-4.26	2.43	-1.73	-126.32	1.55	-9.18	98.65	21.82
EV/EBIT	- -	1.27	27.06	15.05	21.93	19.98	255.13	10.44	34.24	27.82	27.47
Enterprise Value	252	193	3,406	3,089	3,624	3,370	5,631	2,956	3,813	4,350	5,246
Low Price	- -	- -	13.72	7.34	7.02	2.49	6.56	7.42	5.07	9.22	9.65
EV/Sales	0.21	0.14	2.13	1.51	1.63	1.77	1.94	1.09	1.54	1.59	1.59
EV/EBITDA	4.13	0.86	15.36	10.19	12.23	10.87	39.16	6.58	13.74	13.15	14.09
Price/Earnings	- -	- -	14.68	12.41	22.92	18.58	4.78	17.26	44.66	36.02	24.52
Price/Earnings Average	- -	- -	14.13	20.33	16.56	15.57	3.19	25.14	29.19	34.1	20.67
Price/Earnings High	- -	- -	14.87	26.27	23.58	34.71	4.83	41.36	45.76	45.27	28.06
Price/Earnings Low	- -	- -	12.67	11.36	11.95	6.35	1.68	16.07	20.66	25.92	13.65
Price/Book Value	- -	- -	10.55	4.51	7.6	3.79	3.29	1.25	1.63	1.82	2.35
Price/Book Value Average	- -	- -	10.16	7.39	5.49	3.17	2.19	1.82	1.06	1.73	1.98
Price/Book Value High	- -	- -	10.68	9.55	7.82	7.08	3.32	3	1.67	2.29	2.69
Price/Book Value Low	- -	- -	9.1	4.13	3.96	1.29	1.15	1.17	0.75	1.31	1.31
Price/Tangible Book Value	- -	- -	-3.15	13.43	-31.42	-7.33	9.35	8.48	10.15	12.88	9.01
Price/Tangible Book Value Average	- -	- -	-3.03	22	-22.7	-6.14	6.24	12.35	6.63	12.19	7.6
Price/Tangible Book Value High	- -	- -	-3.19	28.44	-32.33	-13.69	9.44	20.33	10.4	16.19	10.31
Price/Tangible Book Value Low	- -	- -	-2.72	12.29	-16.39	-2.5	3.28	7.9	4.7	9.27	5.02
Price/Sales	- -	- -	1.33	0.62	1.08	0.69	1.22	0.53	0.77	0.81	0.94
Price/Sales Average	- -	- -	1.28	1.01	0.78	0.57	0.82	0.77	0.5	0.76	0.79
Price/Sales High	- -	- -	1.35	1.3	1.11	1.28	1.24	1.27	0.79	1.01	1.07
Price/Sales Low	- -	- -	1.15	0.56	0.56	0.23	0.43	0.49	0.36	0.58	0.52
Price/Cash Flow	- -	- -	2.48	-3.79	2.42	-1.68	-73.01	1.2	-7.15	-221.98	17.99
Price/Cash Flow Average	- -	- -	2.39	-6.22	1.75	-1.41	-48.75	1.75	-4.67	-210.13	15.16
Price/Cash Flow High	- -	- -	2.52	-8.03	2.5	-3.14	-73.75	2.88	-7.32	-278.99	20.58
Price/Cash Flow Low	- -	- -	2.14	-3.47	1.26	-0.57	-25.61	1.12	-3.31	-159.77	10.01
Price/Free Cash Flow Average	- -	- -	2.42	-6.98	1.76	-1.45	-84.34	2.26	-6	93.39	18.4
Price/Free Cash Flow High	- -	- -	2.55	-9.02	2.51	-3.23	-127.6	3.72	-9.41	123.99	24.97
Price/Free Cash Flow Low	- -	- -	2.17	-3.9	1.27	-0.59	-44.31	1.45	-4.25	71.01	12.15
EV/Sales Average	0.21	0.14	2.12	1.93	1.35	1.68	1.71	1.34	1.28	1.55	1.45
EV/Sales High	0.21	0.14	2.19	2.22	1.68	2.38	2.13	1.83	1.56	1.8	1.73
EV/Sales Low	0.21	0.14	1.99	1.48	1.13	1.34	1.32	1.06	1.13	1.36	1.18
EV/EBITDA Average	4.13	0.86	15.27	13.01	10.11	10.3	34.59	8.04	11.36	12.8	12.79
EV/EBITDA High	4.13	0.86	15.74	15.01	12.58	14.64	43.06	11.05	13.91	14.87	15.29
EV/EBITDA Low	4.13	0.86	14.31	10	8.49	8.21	26.75	6.36	10.06	11.29	10.41
EV/EBIT Average	-23.39	1.27	26.89	19.21	18.13	18.92	225.35	12.75	28.33	27.07	24.93
EV/EBIT High	-23.39	1.27	27.73	22.15	22.57	26.89	280.53	17.52	34.66	31.44	29.81
EV/EBIT Low	-23.39	1.27	25.21	14.77	15.22	15.08	174.29	10.09	25.07	23.87	20.29
Last Price	- -	- -	15.9	8.02	13.46	7.29	18.7	7.97	10.96	12.81	17.34
High Price	- -	- -	16.1	16.98	13.85	13.62	18.89	19.1	11.23	16.1	19.84
Enterprise Value Average	252	193	3,384	3,943	2,997	3,192	4,973	3,613	3,155	4,232	4,760
Enterprise Value High	252	193	3,490	4,547	3,730	4,537	6,191	4,964	3,860	4,916	5,692
Enterprise Value Low	252	193	3,173	3,031	2,516	2,544	3,846	2,858	2,791	3,732	3,874

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	151	151	154	178	178	182	190	172	174	171	182
Diluted Weighted Avg Shares	225	225	138	164	185	180	196	245	176	178	253
Basic Weighted Avg Shares	150	150	133	157	178	179	190	180	173	172	178
Revenue per Share	8	8.99	11.97	13.02	12.48	10.64	15.28	15	14.24	15.9	18.46
EBITDA per Share	0.41	1.49	1.66	1.93	1.67	1.73	0.76	2.49	1.6	1.92	2.09
Operating Income per Share	-0.07	1.01	0.94	1.31	0.93	0.94	0.12	1.57	0.64	0.91	1.07
Basic EPS, GAAP	-0.02	1.12	1.08	0.65	0.59	0.39	3.91	0.46	0.25	0.36	0.71
Basic EPS from Cont Ops	-0.02	1.11	1.09	1.22	0.91	0.61	5.14	0.62	0.36	0.5	0.87
Diluted EPS, GAAP	-0.01	0.75	1.04	0.62	0.56	0.39	3.8	0.34	0.24	0.34	0.5
Diluted EPS from Cont Ops	-0.01	0.74	1.05	1.17	0.87	0.61	5	0.46	0.35	0.48	0.61
Dividend per Share	- -	- -	- -	0.27	0.39	0.13	0.04	0.1	0.12	0.12	0.12
Cash Flow per Share	2.58	-4.29	6.4	-2.11	5.55	-4.34	-0.26	6.63	-1.53	-0.06	0.96
Free Cash Flow per Basic Share	2.44	-4.52	6.24	-2.27	5.35	-4.45	-0.36	6.29	-1.85	-0.25	0.8
Cash & Equivalents per Share	0.74	0.44	1.34	1.09	1.13	1.25	3.76	1.3	0.95	1.15	1.28
Book Value per Share	- -	1.64	1.51	1.78	1.77	1.92	5.69	6.36	6.74	7.03	7.37
Tangible Book Value per Share	0.8	1.34	-5.04	0.6	-0.43	-0.99	2	0.94	1.08	0.99	1.92

Newmark Group, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)