Victorias Secret & Co. Financial Ratios — 8FR Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Return on Common Equity (%)	- -	- -	-6.54	112.54	108.75	27.25	31.22	21.52
Return on Assets (%)	- -	- -	-1.52	15.07	7.69	2.34	3.61	3.37
Return on Capital (%)	- -	- -	- -	22.77	13.38	5.69	6.97	5.52
Return on Invested Capital (%)	- -	- -	- -	20.95	11.83	5.78	6.84	6.47
Gross Margin (%)	33.19	27.47	29.02	40.68	35.59	36.27	36.66	36.38
EBITDA Margin (%)	10.18	-6.41	4.16	17.29	11.85	8.57	9.12	7.77
Operating Margin (%)	4.94	-2.29	-1.87	12.82	7.53	3.98	4.98	4.14
Incremental Operating Margin (%)	- -	96.3	- -	70.77	88.89	143.21	133.33	- -
Pretax Margin (%)	4.83	-11.97	-1.96	12.42	6.57	2.38	3.55	3.17
Profit Margin (%)	3.1	-11.95	-1.33	9.52	5.49	1.76	2.65	2.46
Net Income to Common Margin (%)	3.1	-11.95	-1.33	9.52	5.49	1.76	2.65	2.46
Effective Tax Rate (%)	35.81	- -	- -	23.37	18.94	21.09	23.53	9.13
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	-6.54	112.54	108.75	27.25	31.22	21.52

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Debt	- -	2,652	2,071	2,636	2,786	2,703	2,698	2,846
ST Debt	- -	402	421	344	314	271	291	299
LT Debt	- -	2,250	1,650	2,292	2,472	2,432	2,407	2,547
Total Debt/EBITDA	- -	-5.51	9.2	2.25	3.7	5.1	4.75	5.59
Net Debt/EBITDA	- -	0.19	-1.06	0.42	1.13	1.61	1.32	0.9
Total Debt/EBIT	- -	-2.97	-20.5	3.03	5.83	10.99	8.7	10.5
Net Debt/EBIT	- -	0.1	2.36	0.57	1.77	3.47	2.42	1.69
EBITDA to Interest Expense	412.5	-60.12	37.5	43.44	12.53	5.35	6.6	7.27
EBITDA-CapEx/Interest Expense	412.5	-60.12	37.5	43.44	12.53	5.35	6.6	7.27
EBIT to Interest Expense	200	-21.5	-16.83	32.22	7.97	2.48	3.6	3.87
Interest Expense	2	8	6	27	60	99	86	70
Common Equity/Total Assets	- -	24.9	21.07	5.92	8.13	9.07	14.12	17.08
Long-Term Debt/Equity (%)	- -	171.23	185.19	891.83	616.46	555.25	362.5	279.89
Long-Term Debt/Capital (%)	- -	56.73	55.71	79.23	77.57	77.43	71.59	67.81
Long-Term Debt/Total Assets (%)	- -	42.69	39.02	52.76	52.47	52.87	53.11	50.81
Total Debt/Equity (%)	- -	201.83	232.44	1,025.68	694.76	617.12	406.33	312.75
Total Debt/Capital (%)	- -	66.87	69.92	91.12	87.42	86.06	80.25	75.77
Total Debt/Total Assets (%)	- -	50.32	48.97	60.68	59.14	58.76	59.53	56.77
Net Debt to Equity	- -	-7	-26.71	191.44	211.47	194.98	112.95	50.22
Net Debt/Capital (%)	- -	-2.47	-9.06	20.47	30.72	29.75	23.92	14.11
EBITDA	825	-481	225	1,173	752	530	568	509
EBITDA-CapEx	825	-481	225	1,173	752	530	568	509
Operating Income (Loss)	400	-172	-101	870	478	246	310	271

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Cash Ratio	- -	0.17	0.22	0.29	0.27	0.17	0.17	0.34
Current Ratio	- -	0.94	0.8	1	1.1	0.95	1.05	1.25
Quick Ratio	- -	0.28	0.29	0.38	0.36	0.26	0.28	0.47
CFO/Avg Current Liab	- -	- -	0.45	0.52	0.27	0.24	0.28	0.35
Common Equity/Total Assets	- -	24.9	21.07	5.92	8.13	9.07	14.12	17.08
Long-Term Debt/Equity (%)	- -	171.23	185.19	891.83	616.46	555.25	362.5	279.89
Long-Term Debt/Capital (%)	- -	56.73	55.71	79.23	77.57	77.43	71.59	67.81
Long-Term Debt/Total Assets (%)	- -	42.69	39.02	52.76	52.47	52.87	53.11	50.81
Total Debt/Equity (%)	- -	201.83	232.44	1,025.68	694.76	617.12	406.33	312.75
Total Debt/Capital (%)	- -	66.87	69.92	91.12	87.42	86.06	80.25	75.77
Total Debt/Total Assets (%)	- -	50.32	48.97	60.68	59.14	58.76	59.53	56.77
CFO/Total Liabilities	- -	7.96	20.19	20.82	10.14	9.35	10.99	12.16
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	3.1	2.6	2.16	2.51	2.6

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Accounts Receivable Turnover	- -	- -	38.94	47.95	41.87	42.2	40.06	37.99
Days Sales Outstanding	- -	- -	9.37	7.61	8.72	8.65	9.11	9.61
Inventory Turnover	- -	- -	4.94	4.88	4.08	3.87	4.07	4.12
Days Inventory Outstanding	- -	- -	73.91	74.81	89.37	94.35	89.72	88.69
Accounts Payable Turnover	- -	- -	10.22	9.76	8.22	7.79	8.4	9.4
Accounts Payable Turnover Days	- -	- -	35.73	37.41	44.39	46.84	43.43	38.84
Cash Conversion Cycle	- -	- -	47.56	45.01	53.7	56.16	55.4	59.45
Inventory to Cash Days	- -	- -	-64.54	-67.2	-80.66	-85.7	-80.61	-79.08
Inventories	- -	855	701	949	1,052	985	955	1,071
Raw Materials	- -	31	38	51	55	56	54	58
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	824	663	898	997	929	901	1,013
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Market Capitalization	- -	- -	- -	4,757	3,367	2,035	2,866	4,376
- Cash & Cash Equivalents	- -	245	335	490	427	270	227	518
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	2	- -	- -	18	21	24	54
+ Total Debt	- -	2,652	2,071	2,636	2,786	2,703	2,698	2,846
Enterprise Value	- -	- -	- -	6,903	5,744	4,489	5,361	6,758
Total Capital	- -	3,966	2,962	2,893	3,187	3,141	3,362	3,756
Total Debt/Capital (%)	- -	66.87	69.92	91.12	87.42	86.06	80.25	75.77
Total Debt / EV	- -	- -	- -	0.38	0.49	0.6	0.5	0.42
EV/Sales	- -	- -	- -	1.02	0.91	0.73	0.86	1.03
EV/EBITDA	- -	- -	- -	5.88	7.64	8.47	9.44	13.28
EV/EBIT	- -	- -	- -	7.93	12.02	18.25	17.29	24.94
EV/Cash Flow to Firm	- -	- -	- -	7.92	11.83	9.61	10.92	12.01
EV/Free Cash Flow to Firm	- -	- -	- -	7.92	11.83	9.61	10.92	12.01
Diluted Market Cap	- -	- -	- -	5,039	3,539	2,049	2,929	4,525
Diluted Enterprise Value	- -	- -	- -	7,185	5,916	4,503	5,424	6,907
EV per Share	- -	- -	- -	81.21	71.8	57.55	67.86	84.2
TTM Sales	8,103	7,509	5,413	6,785	6,344	6,182	6,230	6,553
TTM EBITDA	825	-481	225	1,173	752	530	568	509
TTM Operating Income	400	-172	-101	870	478	246	310	271
TTM Cash Flow to Firm	699	- -	- -	872	486	467	491	563
TTM Free Cash Flow to Firm	699	- -	- -	872	486	467	491	563

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Price/Free Cash Flow	- -	- -	- -	5.92	8.1	5.27	6.89	9.07
EV/EBIT	- -	- -	- -	7.93	12.02	18.25	17.29	24.94
Enterprise Value	- -	- -	- -	6,903	5,744	4,489	5,361	6,758
Low Price	- -	- -	- -	45.8	26.72	13.88	15.9	13.82
EV/Sales	- -	- -	- -	1.02	0.91	0.73	0.86	1.03
EV/EBITDA	- -	- -	- -	5.88	7.64	8.47	9.44	13.28
Price/Earnings	- -	- -	- -	7.36	9.68	18.8	17.75	27.09
Price/Earnings Average	- -	- -	- -	7.47	9.48	17.62	12.74	14.57
Price/Earnings High	- -	- -	- -	9.88	14.85	33.26	24.02	32.96
Price/Earnings Low	- -	- -	- -	6.03	6.14	10	7.78	6.87
Price/Book Value	- -	- -	- -	18.51	8.79	4.88	4.48	5.11
Price/Book Value Average	- -	- -	- -	18.79	8.61	4.57	3.21	2.75
Price/Book Value High	- -	- -	- -	24.83	13.49	8.63	6.06	6.22
Price/Book Value Low	- -	- -	- -	15.15	5.58	2.6	1.96	1.3
Price/Tangible Book Value	- -	- -	- -	432.43	-8.25	-5.81	-27.83	18.01
Price/Tangible Book Value Average	- -	- -	- -	438.95	-8.09	-5.45	-19.98	9.68
Price/Tangible Book Value High	- -	- -	- -	580.13	-12.66	-10.29	-37.66	21.91
Price/Tangible Book Value Low	- -	- -	- -	353.93	-5.24	-3.09	-12.2	4.57
Price/Sales	- -	- -	- -	0.7	0.53	0.33	0.47	0.67
Price/Sales Average	- -	- -	- -	0.71	0.52	0.31	0.34	0.36
Price/Sales High	- -	- -	- -	0.94	0.81	0.59	0.64	0.81
Price/Sales Low	- -	- -	- -	0.57	0.34	0.18	0.21	0.17
Price/Cash Flow	- -	- -	- -	5.59	7.71	5.27	6.89	8.74
Price/Cash Flow Average	- -	- -	- -	5.67	7.55	4.94	4.95	4.7
Price/Cash Flow High	- -	- -	- -	7.5	11.82	9.32	9.33	10.64
Price/Cash Flow Low	- -	- -	- -	4.57	4.89	2.8	3.02	2.22
Price/Free Cash Flow Average	- -	- -	- -	6.01	7.93	4.94	4.95	4.88
Price/Free Cash Flow High	- -	- -	- -	7.94	12.42	9.32	9.33	11.03
Price/Free Cash Flow Low	- -	- -	- -	4.85	5.14	2.8	3.02	2.3
EV/Sales Average	- -	- -	- -	1.03	0.89	0.71	0.73	0.72
EV/Sales High	- -	- -	- -	1.26	1.19	0.98	1.02	1.18
EV/Sales Low	- -	- -	- -	0.89	0.71	0.57	0.6	0.53
EV/EBITDA Average	- -	- -	- -	5.95	7.55	8.23	8.02	9.3
EV/EBITDA High	- -	- -	- -	7.27	10.03	11.42	11.22	15.14
EV/EBITDA Low	- -	- -	- -	5.15	6	6.67	6.6	6.86
EV/EBIT Average	- -	- -	- -	8.02	11.88	17.73	14.69	17.47
EV/EBIT High	- -	- -	- -	9.8	15.78	24.61	20.56	28.44
EV/EBIT Low	- -	- -	- -	6.94	9.44	14.38	12.1	12.88
Last Price	- -	- -	- -	55.96	42.09	26.09	36.28	54.52
High Price	- -	- -	- -	75.08	64.58	46.15	49.1	66.34
Enterprise Value Average	- -	- -	- -	6,974	5,676	4,361	4,553	4,735
Enterprise Value High	- -	- -	- -	8,527	7,543	6,054	6,374	7,707
Enterprise Value Low	- -	- -	- -	6,039	4,515	3,537	3,751	3,491

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Shares Outstanding	93	92	92	85	80	78	79	80
Diluted Weighted Avg Shares	92	92	92	90	84	79	81	83
Basic Weighted Avg Shares	92	92	92	85	80	79	81	80
Revenue per Share	88.48	81.99	59.1	79.82	79.3	78.7	77.17	81.91
EBITDA per Share	9.01	-5.25	2.46	13.8	9.4	6.75	7.04	6.36
Operating Income per Share	4.37	-1.88	-1.1	10.24	5.98	3.13	3.84	3.39
Basic EPS, GAAP	2.74	-9.79	-0.79	7.6	4.35	1.39	2.04	2.01
Basic EPS from Cont Ops	2.74	-9.79	-0.79	7.6	4.22	1.48	2.09	2.36
Diluted EPS, GAAP	2.74	-9.79	-0.79	7.17	4.14	1.39	2.04	1.94
Diluted EPS from Cont Ops	2.74	-9.79	-0.79	7.17	4.02	1.48	2.09	2.28
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	7.62	3.44	7.36	10.01	5.46	4.95	5.26	6.24
Free Cash Flow per Basic Share	7.62	3.44	7.36	10.01	5.46	4.95	5.26	6.24
Cash & Equivalents per Share	- -	2.68	3.66	5.76	5.34	3.46	2.87	6.45
Book Value per Share	- -	14.33	9.73	3.02	4.79	5.35	8.1	10.66
Tangible Book Value per Share	- -	11.64	7.04	0.13	-5.1	-4.49	-1.3	3.03