Rainier Pacific Financial Group Inc. Financial Ratios — RPFG

Profitability (USD)

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Return on Common Equity (%)	- -	10.65	10.78	-3.25	3.4	2.78	3.23	4.41	-25.17
Return on Assets (%)	- -	0.88	0.89	-0.43	0.5	0.31	0.31	0.43	-1.69
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	4.38	4.5	12.06	14.71	13.94	8.98	9.84
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	45.81	20.46	21.39	-11.44	13.33	12.86	13.45	17.57	-60.07
Profit Margin (%)	45.81	32.17	14.09	-7.47	9.99	8.03	8.22	10.73	-40.67
Net Income to Common Margin (%)	45.81	32.17	14.09	-7.47	9.99	8.03	8.22	10.73	-40.67
Effective Tax Rate (%)	- -	57.22	34.16	- -	25.02	37.6	38.84	38.94	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	45.91	65.88	57.24	44.14	-12.34
Sustainable Growth Rate (%)	- -	10.65	10.78	-3.25	1.84	0.95	1.38	2.47	-28.28

Credit (USD)

API ChatGPT

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Total Debt	- -	- -	157	237	296	340	345	320	291
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	157	237	296	340	345	320	291
Total Debt/EBITDA	- -	- -	117.36	154.57	67.55	72.87	73.19	99.3	82.38
Net Debt/EBITDA	- -	- -	110.91	148.02	65.22	69.92	70.67	96.57	71.56
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.43	8.06	8.45	16.72	13.14	9.73	9.73	9.88	3.46
Long-Term Debt/Equity (%)	- -	- -	371.44	206.98	299.3	401.65	393.25	369.1	994.12
Long-Term Debt/Capital (%)	- -	- -	78.79	67.42	74.96	80.07	79.73	78.68	90.86
Long-Term Debt/Total Assets (%)	- -	- -	31.39	34.6	39.34	39.07	38.26	36.46	34.37
Total Debt/Equity (%)	- -	- -	371.44	206.98	299.3	401.65	393.25	369.1	994.12
Total Debt/Capital (%)	- -	- -	78.79	67.42	74.96	80.07	79.73	78.68	90.86
Total Debt/Total Assets (%)	- -	- -	31.39	34.6	39.34	39.07	38.26	36.46	34.37
Net Debt to Equity	- -	- -	351.04	198.21	288.97	385.37	379.7	358.95	863.59
Net Debt/Capital (%)	- -	- -	77.83	66.47	74.29	79.4	79.15	78.21	89.62
EBITDA	- -	- -	1	2	4	5	5	3	4
EBITDA-CapEx	- -	- -	1	2	4	5	5	3	4
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	8.43	8.06	8.45	16.72	13.14	9.73	9.73	9.88	3.46
Long-Term Debt/Equity (%)	- -	- -	371.44	206.98	299.3	401.65	393.25	369.1	994.12
Long-Term Debt/Capital (%)	- -	- -	78.79	67.42	74.96	80.07	79.73	78.68	90.86
Long-Term Debt/Total Assets (%)	- -	- -	31.39	34.6	39.34	39.07	38.26	36.46	34.37
Total Debt/Equity (%)	- -	- -	371.44	206.98	299.3	401.65	393.25	369.1	994.12
Total Debt/Capital (%)	- -	- -	78.79	67.42	74.96	80.07	79.73	78.68	90.86
Total Debt/Total Assets (%)	- -	- -	31.39	34.6	39.34	39.07	38.26	36.46	34.37
CFO/Total Liabilities	- -	- -	1.58	2.2	0.75	0.48	1.14	0.9	0.99
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.02	0.02	0.18	0.26	0.24	0.17	0.19	0.18	0.1

Working Capital (USD)

API ChatGPT

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Accounts Receivable Turnover	- -	- -	23.03	10.99	10.5	8.8	8.43	8.81	9.56
Days Sales Outstanding	- -	- -	15.85	33.23	34.76	41.49	43.32	41.44	38.16
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)

API ChatGPT

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Market Capitalization	- -	- -	- -	120	121	85	122	89	8
- Cash & Cash Equivalents	- -	- -	9	10	10	14	12	9	38
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	157	237	296	340	345	320	291
Enterprise Value	- -	- -	148	347	407	411	455	400	261
Total Capital	32	37	199	352	395	425	433	407	321
Total Debt/Capital (%)	- -	- -	78.79	67.42	74.96	80.07	79.73	78.68	90.86
Total Debt / EV	- -	- -	1.06	0.68	0.73	0.83	0.76	0.8	1.11
EV/Sales	- -	- -	4.86	10.18	11.21	12.97	13.44	11.14	7.27
EV/EBITDA	- -	- -	110.91	226.16	92.94	88.13	96.43	124.01	73.93
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	20.57	27.65	83.6	108.34	48.97	56.07	32.18
EV/Free Cash Flow to Firm	- -	- -	20.57	27.65	83.6	108.34	48.97	56.07	32.18
Diluted Market Cap	- -	- -	- -	110	135	99	118	89	8
Diluted Enterprise Value	- -	- -	148	337	421	426	452	401	261
EV per Share	- -	- -	17.55	41.09	60.01	77.47	74.23	66.94	43.79
TTM Sales	7	12	30	34	36	32	34	36	36
TTM EBITDA	- -	- -	1	2	4	5	5	3	4
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	7	13	5	4	9	7	8
TTM Free Cash Flow to Firm	- -	- -	7	13	5	4	9	7	8

Multiples (USD)

API ChatGPT

	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y	2007 Y	2008 Y
As of date	12/31/2000	12/31/2001	12/31/2002	12/31/2003	12/31/2004	12/31/2005	12/31/2006	12/31/2007	12/31/2008

Price/Free Cash Flow	- -	- -	- -	8.8	27.79	26.15	12.72	12.47	1.03
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	148	347	407	411	455	400	261
Low Price	- -	- -	- -	15.5	15.22	14.26	14.85	14.41	1.03
EV/Sales	- -	- -	4.86	10.18	11.21	12.97	13.44	11.14	7.27
EV/EBITDA	- -	- -	110.91	226.16	92.94	88.13	96.43	124.01	73.93
Price/Earnings	- -	- -	- -	- -	36.53	38.75	42.3	22.99	- -
Price/Earnings Average	- -	- -	- -	-44.4	30.74	39.47	37.56	28.26	-3.73
Price/Earnings High	- -	- -	- -	-52.04	37.45	43.57	42.3	36.49	-6.23
Price/Earnings Low	- -	- -	- -	-47.31	31.06	34.51	31.68	22.37	-0.42
Price/Book Value	- -	- -	- -	1.05	1.23	1	1.38	1.02	0.29
Price/Book Value Average	- -	- -	- -	1.07	1.03	1.02	1.23	1.25	1.85
Price/Book Value High	- -	- -	- -	1.26	1.26	1.13	1.38	1.62	3.09
Price/Book Value Low	- -	- -	- -	1.14	1.04	0.89	1.04	0.99	0.21
Price/Tangible Book Value	- -	- -	- -	1.05	1.23	1	1.38	1.02	0.29
Price/Tangible Book Value Average	- -	- -	- -	1.07	1.03	1.02	1.23	1.25	1.85
Price/Tangible Book Value High	- -	- -	- -	1.26	1.26	1.13	1.38	1.62	3.09
Price/Tangible Book Value Low	- -	- -	- -	1.14	1.04	0.89	1.04	0.99	0.21
Price/Sales	- -	- -	- -	3.24	3.65	3.11	3.48	2.47	0.23
Price/Sales Average	- -	- -	- -	3.32	3.07	3.17	3.09	3.03	1.52
Price/Sales High	- -	- -	- -	3.89	3.74	3.5	3.48	3.91	2.53
Price/Sales Low	- -	- -	- -	3.53	3.1	2.77	2.61	2.4	0.17
Price/Cash Flow	- -	- -	- -	8.8	27.22	25.99	12.68	12.42	1.03
Price/Cash Flow Average	- -	- -	- -	9.01	22.91	26.47	11.26	15.26	6.72
Price/Cash Flow High	- -	- -	- -	10.57	27.91	29.22	12.68	19.7	11.2
Price/Cash Flow Low	- -	- -	- -	9.6	23.15	23.15	9.5	12.08	0.76
Price/Free Cash Flow Average	- -	- -	- -	9.01	23.39	26.63	11.3	15.33	6.72
Price/Free Cash Flow High	- -	- -	- -	10.57	28.49	29.4	12.72	19.79	11.2
Price/Free Cash Flow Low	- -	- -	- -	9.6	23.63	23.29	9.53	12.14	0.76
EV/Sales Average	- -	- -	4.86	10.26	10.68	13.02	13.04	11.7	8.55
EV/Sales High	- -	- -	4.86	10.88	11.3	13.3	13.44	12.58	9.56
EV/Sales Low	- -	- -	4.86	10.5	10.71	12.67	12.54	11.07	7.21
EV/EBITDA Average	- -	- -	110.91	228.08	88.55	88.47	93.54	130.29	86.94
EV/EBITDA High	- -	- -	110.91	241.86	93.63	90.4	96.43	140.1	97.21
EV/EBITDA Low	- -	- -	110.91	233.33	88.79	86.14	89.96	123.27	73.3
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	14.2	17.9	16.01	19.83	14.81	1.4
High Price	- -	- -	- -	17.05	18.35	18	19.83	23.5	15.19
Enterprise Value Average	- -	- -	148	350	388	413	441	420	307
Enterprise Value High	- -	- -	148	371	410	422	455	452	344
Enterprise Value Low	- -	- -	148	358	389	402	425	398	259

Shares Outstanding	8	8	8	8	7	5	6	6	6
Diluted Weighted Avg Shares	8	8	8	8	8	6	6	6	6
Basic Weighted Avg Shares	8	8	8	8	7	6	6	6	6
Revenue per Share	0.9	1.46	3.84	4.38	4.9	5.15	5.7	6	6
EBITDA per Share	- -	- -	0.17	0.2	0.59	0.76	0.79	0.54	0.59
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.41	0.47	0.54	-0.33	0.49	0.41	0.47	0.64	-2.44
Basic EPS from Cont Ops	0.41	0.47	0.54	-0.33	0.49	0.41	0.47	0.64	-2.44
Diluted EPS, GAAP	0.41	0.47	0.54	-0.33	0.48	0.41	0.47	0.64	-2.44
Diluted EPS from Cont Ops	0.41	0.47	0.54	-0.33	0.48	0.41	0.47	0.64	-2.44
Dividend per Share	- -	- -	- -	- -	0.22	0.27	0.27	0.28	0.3
Cash Flow per Share	- -	- -	0.91	1.61	0.66	0.62	1.56	1.19	1.36
Free Cash Flow per Basic Share	- -	- -	0.91	1.61	0.66	0.62	1.56	1.19	1.36
Cash & Equivalents per Share	- -	- -	1.02	1.19	1.5	2.6	1.94	1.47	6.41
Book Value per Share	3.83	4.43	5	13.57	14.57	15.95	14.33	14.52	4.91
Tangible Book Value per Share	3.83	4.43	5	13.57	14.57	15.95	14.33	14.52	4.91

Rainier Pacific Financial Group Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)