Strasbaugh Financial Ratios — STRB Stock

Profitability (USD)

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Return on Common Equity (%)	- -	19.4	11.49	-22.25	-16.8	-10.98	-17.14	-14.95	-22.61	- -	- -	- -
Return on Assets (%)	- -	9.74	8.91	-16.92	-13.14	-9.05	-14.58	-12.99	-18.89	-2.51	-35.67	-6.01
Return on Capital (%)	- -	19.4	11.27	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	11.03	10.54	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	41.64	36.23	35.82	18.49	17.37	8.91	9.13	20.89	25.91	41.61	25.6	34.36
EBITDA Margin (%)	15.38	16.52	14.84	-16.55	-8.9	-14.17	-33.86	-16.89	-46.22	-0.55	-47.93	-20.69
Operating Margin (%)	10.34	11.85	10.65	-24.09	-14.84	-18.45	-43.11	-27.44	-59.11	-2.15	-51.67	-23.5
Incremental Operating Margin (%)	- -	19.28	5.68	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	9.81	13.01	11.39	-24.09	-14.15	-12.32	-39.96	-34.18	-53.39	-3.93	-47.18	-5.38
Profit Margin (%)	6.1	8.06	7.09	-18.25	-14.15	-12.46	-39.65	-34.45	-53.39	-3.98	-47.18	-5.28
Net Income to Common Margin (%)	6.1	8.06	7.09	-18.25	-14.15	-12.46	-39.65	-34.45	-53.39	-3.98	-47.18	-5.28
Effective Tax Rate (%)	37.84	38.02	37.77	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	-361.98	- -	-14.04	- -
Sustainable Growth Rate (%)	- -	19.4	11.49	-22.25	-16.8	-10.98	-17.14	-14.95	-104.46	- -	- -	- -

Credit (USD)

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	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Total Debt	- -	- -	1	2	2	8	9	6	2	- -	- -	- -
ST Debt	- -	- -	- -	2	1	2	3	3	2	- -	- -	- -
LT Debt	- -	- -	1	- -	1	6	6	3	- -	- -	- -	- -
Total Debt/EBITDA	- -	- -	0.16	-0.3	-0.38	-0.64	-0.47	-0.73	-0.16	-0.93	-0.02	- -
Net Debt/EBITDA	-0.57	-0.94	-0.35	-0.01	1.75	-0.19	0.02	2.83	0.07	16.49	-0.01	0.47
Total Debt/EBIT	- -	- -	0.22	-0.21	-0.23	-0.49	-0.37	-0.45	-0.12	-0.24	-0.02	- -
Net Debt/EBIT	-0.85	-1.31	-0.49	-0.01	1.05	-0.15	0.02	1.74	0.05	4.2	-0.01	0.41
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-327.07	-121.05
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-346.86	-132.5
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-352.64	-137.5
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	15.34	78.93	76.4	75.62	79.85	83.47	87.02	86.75	75.06	-181.87	-319.08	-240.73
Long-Term Debt/Equity (%)	- -	- -	2.45	0.85	1.25	3.91	4.95	2.75	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	2.36	0.79	1.21	3.72	4.61	2.6	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	1.87	0.64	1	3.27	4.31	2.38	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	3.54	6.79	3.19	5.4	7.4	5.7	6.25	32.89	-1.86	- -
Total Debt/Capital (%)	- -	- -	3.42	6.34	3.09	5.14	6.89	5.4	5.88	-0.36	-0.31	- -
Total Debt/Total Assets (%)	- -	- -	2.7	5.12	2.55	4.52	6.44	4.95	4.69	0.66	0.99	- -
Net Debt to Equity	-11.83	-21.65	-7.98	0.33	-14.75	1.61	-0.36	-22.25	-2.64	-580.26	-0.95	19.38
Net Debt/Capital (%)	-173.68	-27.63	-8.61	0.33	-17.14	1.57	-0.36	-28.35	-2.71	6	-0.16	3.94
EBITDA	6	7	8	-7	-4	-12	-19	-8	-14	- -	-5	-3
EBITDA-CapEx	5	4	4	-9	-9	-31	-26	-11	-15	- -	-5	-3
Operating Income (Loss)	4	5	6	-10	-7	-16	-25	-14	-18	- -	-5	-3

Liquidity (USD)

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	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Cash Ratio	0.55	1.76	1.09	0.79	2.19	4.84	8.11	7.19	2.34	0.63	0.08	0.16
Current Ratio	4.78	4.04	3.83	3.43	4.44	6.45	10.01	7.94	3.2	3.47	2.14	1.3
Quick Ratio	2.17	2.92	2.6	1.9	3.17	5.59	8.93	7.53	2.86	1.52	0.45	0.59
CFO/Avg Current Liab	- -	0.94	-0.12	-0.32	-0.26	-0.34	-0.21	0.3	-0.69	-0.13	-0.35	0.2
Common Equity/Total Assets	15.34	78.93	76.4	75.62	79.85	83.47	87.02	86.75	75.06	-181.87	-319.08	-240.73
Long-Term Debt/Equity (%)	- -	- -	2.45	0.85	1.25	3.91	4.95	2.75	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	2.36	0.79	1.21	3.72	4.61	2.6	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	1.87	0.64	1	3.27	4.31	2.38	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	3.54	6.79	3.19	5.4	7.4	5.7	6.25	32.89	-1.86	- -
Total Debt/Capital (%)	- -	- -	3.42	6.34	3.09	5.14	6.89	5.4	5.88	-0.36	-0.31	- -
Total Debt/Total Assets (%)	- -	- -	2.7	5.12	2.55	4.52	6.44	4.95	4.69	0.66	0.99	- -
CFO/Total Liabilities	30	79.13	-10.04	-32.32	-21.67	-21.19	-19.83	23.47	-73.93	-6.39	-7.8	6.06
CFO/CapEx	3	2.26	-0.28	-1.52	-0.62	-0.31	-0.54	1.47	-9.84	-4.71	-4.36	4.56
Altman's Z-Score	7.96	8.2	6.91	2.85	24.04	4.06	4.52	3.79	0.07	0.61	-4.19	-2.9

Working Capital (USD)

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	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Accounts Receivable Turnover	- -	4.58	4.34	3.11	4.28	5.99	4.31	6.82	5.68	4.32	4.45	5.59
Days Sales Outstanding	- -	79.73	84.02	117.3	85.21	60.94	84.76	53.48	64.22	84.46	82.02	65.31
Inventory Turnover	- -	4.22	4.03	3.04	3.09	5.21	4.19	6.03	7	2.56	1.2	1.55
Days Inventory Outstanding	- -	86.57	90.64	120.04	117.99	69.99	87.07	60.54	52.16	142.64	303.69	235.74
Accounts Payable Turnover	- -	9.96	9.42	7.89	8.21	8	5.1	7.46	5.66	8.04	7.55	6.3
Accounts Payable Turnover Days	- -	36.63	38.75	46.29	44.44	45.65	71.63	48.94	64.44	45.39	48.35	57.92
Cash Conversion Cycle	- -	129.67	135.91	191.05	158.75	85.28	100.2	65.08	51.94	181.71	337.36	243.13
Inventory to Cash Days	- -	-6.84	-6.62	-2.74	-32.78	-9.05	-2.31	-7.06	12.06	-58.18	-221.66	-170.42
Inventories	6	7	11	11	14	15	9	4	3	6	6	5
Raw Materials	- -	3	3	3	3	5	2	1	1	6	6	6
Work In Process	- -	5	7	8	11	10	7	3	2	2	2	2
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2
Other Inventory	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Market Capitalization	54	81	81	29	489	144	124	93	40	33	17	4
- Cash & Cash Equivalents	3	7	4	2	9	4	8	29	3	2	- -	1
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	1	2	2	8	9	6	2	- -	- -	- -
Enterprise Value	51	66	70	24	464	44	35	3	15	31	17	2
Total Capital	5	32	38	32	52	150	131	112	37	-28	-32	-30
Total Debt/Capital (%)	- -	- -	3.42	6.34	3.09	5.14	6.89	5.4	5.88	-0.36	-0.31	- -
Total Debt / EV	- -	- -	0.02	0.09	- -	0.17	0.26	1.84	0.15	- -	0.01	- -
EV/Sales	1.36	1.45	1.25	0.57	9.63	0.52	0.61	0.07	0.5	1.58	1.75	0.18
EV/EBITDA	8.82	8.76	8.43	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	13.12	12.21	11.74	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	28.42	9.56	- -	- -	- -	- -	- -	0.87	- -	- -	- -	2
EV/Free Cash Flow to Firm	21.32	6.63	24.44	- -	267.86	3.37	11.37	0.52	- -	- -	- -	1.64
Diluted Market Cap	63	81	84	29	489	144	124	93	40	45	17	4
Diluted Enterprise Value	60	74	82	29	482	148	125	70	39	44	17	2
EV per Share	303.97	276.77	306.27	100.33	1,860.2	121.69	89.04	8.32	36.91	2.16	1.18	0.16
TTM Sales	38	45	56	41	48	85	57	49	30	20	10	13
TTM EBITDA	6	7	8	-7	-4	-12	-19	-8	-14	- -	-5	-3
TTM Operating Income	4	5	6	-10	-7	-16	-25	-14	-18	- -	-5	-3
TTM Cash Flow to Firm	2	7	-1	-3	-3	-6	-4	4	-9	-1	-1	1
TTM Free Cash Flow to Firm	2	10	3	-1	2	13	3	6	-8	-1	-1	1

Multiples (USD)

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	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Price/Free Cash Flow	26.32	8.16	29.25	-26.42	282.34	10.93	40.78	14.51	-5.15	-60.67	-18.17	2.55
EV/EBIT	13.12	12.21	11.74	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	51	66	70	24	464	44	35	3	15	31	17	2
Low Price	232.5	255.75	294.5	77.5	112.38	356.5	277.45	155.31	97.03	1.24	0.5	0.18
EV/Sales	1.36	1.45	1.25	0.57	9.63	0.52	0.61	0.07	0.5	1.58	1.75	0.18
EV/EBITDA	8.82	8.76	8.43	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	23.68	22.12	20.2	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	21.47	25.15	24.12	-5.15	-17.04	-37.69	-6.71	-5.48	-5.89	-38.18	-4.35	-10.05
Price/Earnings High	25.8	33.18	32.81	-12.11	-96.64	-67.51	-9.03	-8.05	-7.1	-55.14	-7.25	-25.05
Price/Earnings Low	17.01	16.59	16.96	-2.42	-4.11	-12.23	-4.78	-3.61	-2.44	-22.79	-1.58	-3.79
Price/Book Value	10.47	2.49	2.18	0.96	9.63	1.01	1.02	0.87	1.14	-1.19	-0.53	-0.12
Price/Book Value Average	9.49	2.83	2.6	1.27	2.29	2.81	1.25	0.88	2.68	-1.07	-0.61	-0.23
Price/Book Value High	11.41	3.73	3.54	2.99	12.97	5.03	1.68	1.29	3.23	-1.55	-1.01	-0.56
Price/Book Value Low	7.53	1.87	1.83	0.6	0.55	0.91	0.89	0.58	1.11	-0.64	-0.22	-0.09
Price/Tangible Book Value	1.95	2.49	2.18	0.96	9.63	1.01	1.02	0.88	1.14	-16,423.15	-2.93	-0.53
Price/Tangible Book Value Average	1.77	2.83	2.6	1.27	2.29	2.8	1.25	0.89	2.68	-14,833.72	-3.4	-1.01
Price/Tangible Book Value High	2.13	3.73	3.54	3	12.97	5.01	1.68	1.3	3.23	-21,421.5	-5.66	-2.5
Price/Tangible Book Value Low	1.4	1.87	1.83	0.6	0.55	0.91	0.89	0.58	1.11	-8,854.23	-1.23	-0.38
Price/Sales	1.44	1.78	1.43	0.71	10.15	1.69	2.18	1.88	1.33	1.68	1.77	0.28
Price/Sales Average	1.31	2.03	1.71	0.94	2.41	4.7	2.66	1.89	3.14	1.52	2.05	0.53
Price/Sales High	1.57	2.68	2.33	2.21	13.68	8.41	3.58	2.77	3.79	2.2	3.42	1.32
Price/Sales Low	1.04	1.34	1.2	0.44	0.58	1.52	1.89	1.25	1.3	0.91	0.74	0.2
Price/Cash Flow	30.26	11.78	-70.22	-9.08	-176.07	-24.48	-34.49	24.4	-4.63	-34.54	-14	3.11
Price/Cash Flow Average	27.43	13.4	-83.86	-12.07	-41.85	-68.06	-42.11	24.51	-10.92	-31.2	-16.24	5.95
Price/Cash Flow High	32.97	17.68	-114.06	-28.38	-237.31	-121.9	-56.63	36.02	-13.16	-45.05	-27.06	14.82
Price/Cash Flow Low	21.74	8.84	-58.97	-5.68	-10.09	-22.08	-29.97	16.17	-4.53	-18.62	-5.88	2.24
Price/Free Cash Flow Average	23.86	9.28	34.93	-35.12	67.12	30.4	49.78	14.58	-12.16	-54.8	-21.07	4.88
Price/Free Cash Flow High	28.69	12.25	47.52	-82.56	380.55	54.44	66.95	21.43	-14.65	-79.14	-35.12	12.16
Price/Free Cash Flow Low	18.91	6.12	24.57	-16.51	16.18	9.86	35.44	9.62	-5.04	-32.71	-7.64	1.84
EV/Sales Average	1.22	1.87	1.66	0.95	2.27	4.75	2.68	1.42	3.11	1.43	2.06	0.43
EV/Sales High	1.49	2.52	2.28	2.22	13.53	8.46	3.6	2.31	3.76	2.1	3.42	1.23
EV/Sales Low	0.95	1.18	1.15	0.45	0.43	1.57	1.91	0.78	1.27	0.82	0.75	0.1
EV/EBITDA Average	7.94	11.33	11.2	-5.73	-25.46	-33.5	-7.91	-8.44	-6.73	-260.78	-4.29	-2.1
EV/EBITDA High	9.66	15.25	15.35	-13.41	-152.08	-59.73	-10.62	-13.69	-8.13	-383.92	-7.14	-5.93
EV/EBITDA Low	6.18	7.16	7.78	-2.72	-4.89	-11.1	-5.64	-4.64	-2.75	-149.01	-1.56	-0.5
EV/EBIT Average	11.81	15.8	15.6	-3.94	-15.27	-25.73	-6.21	-5.19	-5.26	-66.44	-3.98	-1.85
EV/EBIT High	14.37	21.26	21.38	-9.21	-91.19	-45.87	-8.34	-8.42	-6.36	-97.81	-6.63	-5.22
EV/EBIT Low	9.19	9.98	10.84	-1.87	-2.93	-8.53	-4.43	-2.85	-2.15	-37.96	-1.45	-0.44
Last Price	323.58	341	350.7	124	1,960.75	395.25	319.3	234.36	99.2	2.3	1.19	0.25
High Price	352.63	511.5	569.63	387.5	2,642.76	1,968.5	524.21	345.96	282.1	3	2.3	1.19
Enterprise Value Average	46	85	94	39	109	404	153	70	93	28	20	6
Enterprise Value High	56	114	128	91	652	720	205	114	112	41	33	16
Enterprise Value Low	36	54	65	19	21	134	109	39	38	16	7	1

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2007 Y	2008 Y	2009 Y
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	14	14	15
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	20	14	14
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	14	14	14
Revenue per Share	224	191.2	244.99	175.38	193.19	233.94	146.45	124.71	74.46	1.37	0.67	0.9
EBITDA per Share	34.46	31.59	36.35	-29.02	-17.19	-33.15	-49.59	-21.06	-34.41	-0.01	-0.32	-0.19
Operating Income per Share	23.17	22.66	26.09	-42.24	-28.67	-43.16	-63.13	-34.22	-44.01	-0.03	-0.35	-0.21
Basic EPS, GAAP	13.67	15.42	17.36	-32	-27.35	-29.16	-58.06	-42.97	-39.76	-0.05	-0.32	-0.05
Basic EPS from Cont Ops	13.67	15.42	17.36	-32	-27.35	-29.16	-58.06	-42.97	-39.76	-0.05	-0.32	-0.05
Diluted EPS, GAAP	11.78	15.42	16.61	-32	-27.35	-29.16	-58.06	-42.97	-39.76	-0.04	-0.32	-0.05
Diluted EPS from Cont Ops	11.78	15.42	16.61	-32	-27.35	-29.16	-58.06	-42.97	-39.76	-0.04	-0.32	-0.05
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	143.91	- -	0.04	- -
Cash Flow per Share	10.69	28.94	-4.99	-13.65	-11.14	-16.15	-9.26	9.6	-21.43	-0.07	-0.08	0.08
Free Cash Flow per Basic Share	7.13	16.11	-22.52	-22.62	-29.22	-68.45	-26.34	3.06	-23.61	-0.08	-0.1	0.06
Cash & Equivalents per Share	19.61	64.23	50.12	32.45	107.06	294.77	253.35	241.33	67.75	0.15	0.02	0.09
Book Value per Share	30.9	136.97	161.02	129.72	203.69	391.43	312.05	268.08	87.33	-1.93	-2.27	-2.11
Tangible Book Value per Share	165.77	136.97	161.02	129.29	203.69	392.75	311.92	265.75	87.37	- -	-0.41	-0.48

Strasbaugh

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)