Univec, Inc. Financial Ratios — UNVC Stock

Profitability (USD)

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-37.98	-49.52	-29.13	-69.83	-25.98	-11.89	-34.63	-87.87	-69.81	-146.94
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	60	79.44	44.44	22.34	24.53	21.24	16.61	2.55	1.41	83	-50.74
EBITDA Margin (%)	-220	21.73	-122.22	-29.99	-36.01	-16.72	-28.45	-8	-7.9	-1,654.77	-4,376.87
Operating Margin (%)	-200	-14.86	-111.11	-38.62	-45.25	-22.89	-36.44	-9.2	-8.87	-2,075.08	-4,869.33
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-280	-48.28	-105.56	-34.65	-74.58	-22.89	-17.49	-9.58	-20.67	-2,320.81	-5,513.66
Net Income to Common Margin (%)	-280	-54.6	-127.78	-40.9	-81.6	-27.74	-22.8	-9.82	-41.35	-2,363.61	-5,666.77
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	11.58	17.39	15.29	8.61	17.48	23.28	2.46	50.01	1.81	2.7
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Total Debt	2	- -	- -	1	1	1	1	1	3	2	3
ST Debt	1	- -	- -	- -	- -	1	1	- -	2	1	1
LT Debt	1	- -	- -	- -	- -	- -	- -	1	- -	- -	2
Total Debt/EBITDA	-1.73	- -	-0.04	-0.64	-0.74	-1.47	-1.16	-0.7	-1.64	-1.13	-2.96
Net Debt/EBITDA	-1.45	-2.29	0.05	-0.51	-0.71	-1.06	-1.05	-0.69	-1.62	-1.13	-2.96
Total Debt/EBIT	-1.9	- -	-0.05	-0.5	-0.59	-1.08	-0.9	-0.61	-1.46	-0.9	-2.66
Net Debt/EBIT	-1.6	3.35	0.05	-0.4	-0.57	-0.78	-0.82	-0.6	-1.45	-0.9	-2.66
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-172	-52.71	-99.91	-130.05	-283.99	-195.38	-208.19	-222.55	-3.69	-1,713.14	-2,669.11
Long-Term Debt/Equity (%)	- -	- -	1.78	18.25	291.05	41.74	27.15	807.43	- -	- -	- -
Long-Term Debt/Capital (%)	-33.33	- -	-1.28	-8.04	-7.34	-5.2	-5.13	-5.3	8.98	-2.48	-11.18
Long-Term Debt/Total Assets (%)	32	- -	1.25	9.16	18.56	8.99	9.53	10.78	4.75	38.6	251.08
Total Debt/Equity (%)	-100	- -	3.36	32.3	490.99	104.64	63.88	1,436.71	-67.88	-31.24	-46.81
Total Debt/Capital (%)	-79.17	- -	-2.41	-14.24	-12.39	-13.05	-12.07	-9.43	106.96	-10.23	-18.88
Total Debt/Total Assets (%)	76	- -	2.35	16.21	31.31	22.55	22.42	19.18	56.6	159.02	423.98
Net Debt to Equity	-84.21	-36.32	-3.57	25.77	474.12	75.72	58.01	1,417.83	-67.09	-31.22	-46.8
Net Debt/Capital (%)	-59.26	38.45	2.5	-11.04	-11.91	-9.41	-10.84	-9.29	107.05	-10.23	-18.88
EBITDA	-1	1	-2	-1	-1	-1	-1	-1	-2	-1	-1
EBITDA-CapEx	-2	- -	-3	-1	-1	-1	-1	-1	-2	-1	-1
Operating Income (Loss)	-1	- -	-2	-1	-1	-1	-1	-1	-2	-2	-1

Liquidity (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Cash Ratio	0.16	3.52	0.08	0.08	0.01	0.01	0.04	- -	0.01	- -	- -
Current Ratio	0.42	6.04	1.17	0.94	0.58	0.51	0.54	0.42	0.47	0.07	0.04
Quick Ratio	0.21	3.52	0.17	0.45	0.15	0.23	0.18	0.31	0.4	0.03	0.03
CFO/Avg Current Liab	- -	-2.04	-1.43	-0.32	-0.16	-0.05	-0.1	-0.1	-0.12	-0.05	-0.11
Common Equity/Total Assets	-172	-52.71	-99.91	-130.05	-283.99	-195.38	-208.19	-222.55	-3.69	-1,713.14	-2,669.11
Long-Term Debt/Equity (%)	- -	- -	1.78	18.25	291.05	41.74	27.15	807.43	- -	- -	- -
Long-Term Debt/Capital (%)	-33.33	- -	-1.28	-8.04	-7.34	-5.2	-5.13	-5.3	8.98	-2.48	-11.18
Long-Term Debt/Total Assets (%)	32	- -	1.25	9.16	18.56	8.99	9.53	10.78	4.75	38.6	251.08
Total Debt/Equity (%)	-100	- -	3.36	32.3	490.99	104.64	63.88	1,436.71	-67.88	-31.24	-46.81
Total Debt/Capital (%)	-79.17	- -	-2.41	-14.24	-12.39	-13.05	-12.07	-9.43	106.96	-10.23	-18.88
Total Debt/Total Assets (%)	76	- -	2.35	16.21	31.31	22.55	22.42	19.18	56.6	159.02	423.98
CFO/Total Liabilities	-27.27	-665.23	-91.67	-22.51	-11.6	-4	-10.06	-7.04	-9.15	-5.5	-8.7
CFO/CapEx	-2.4	-2.7	-1.83	-6.76	-27.45	- -	-11.63	-326,146	-1.88	-23.67	- -
Altman's Z-Score	-4.23	5.82	-0.55	-1.73	-4.73	-4.72	-7.32	-2.15	2.2	-36.1	-51.34

Working Capital (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Accounts Receivable Turnover	- -	- -	25.21	46.84	- -	11.79	5.79	20.06	8.85	0.05	0.23
Days Sales Outstanding	- -	- -	14.48	7.79	- -	30.96	63.06	18.2	41.26	7,395.15	1,591.03
Inventory Turnover	- -	1.09	1.1	3	4.19	6.7	5.3	41.55	81.32	0.07	0.27
Days Inventory Outstanding	- -	336.15	332.06	121.76	87.04	54.46	68.81	8.78	4.49	4,922.63	1,343.05
Accounts Payable Turnover	- -	2.98	1.99	1.86	1.93	2.03	1.52	7.9	5.48	0.01	-0.07
Accounts Payable Turnover Days	- -	122.59	183.01	196.53	189.47	179.43	240.7	46.22	66.56	39,996.75	-5,268.93
Cash Conversion Cycle	- -	213.56	163.53	-66.98	-102.44	-94.01	-108.82	-19.24	-20.81	-27,678.97	8,203.01
Inventory to Cash Days	- -	-336.15	-317.58	-113.97	-87.04	-23.5	-5.75	9.41	36.77	2,472.51	247.98
Inventories	- -	1	1	1	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	1	1	1	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Market Capitalization	- -	3	4	1	1	2	1	4	4	1	1
- Cash & Cash Equivalents	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	2	- -	- -	1	1	1	1	1	3	2	3
Enterprise Value	2	2	4	2	2	3	2	5	7	3	3
Total Capital	-2	-2	-4	-5	-7	-7	-8	-10	2	-15	-15
Total Debt/Capital (%)	-79.17	- -	-2.41	-14.24	-12.39	-13.05	-12.07	-9.43	106.96	-10.23	-18.88
Total Debt / EV	1.19	- -	0.02	0.38	0.5	0.38	0.58	0.18	0.38	0.59	0.81
EV/Sales	3.2	0.83	2.21	0.51	0.54	0.65	0.57	0.31	0.34	31.58	160.36
EV/EBITDA	- -	3.84	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	3	4	1	1	2	1	4	4	1	1
Diluted Enterprise Value	2	2	4	2	2	3	2	5	7	3	3
EV per Share	1.55	0.9	1.28	0.45	0.3	0.38	0.08	0.15	0.17	0.05	0.06
TTM Sales	- -	2	2	3	3	4	3	16	19	- -	- -
TTM EBITDA	-1	1	-2	-1	-1	-1	-1	-1	-2	-1	-1
TTM Operating Income	-1	- -	-2	-1	-1	-1	-1	-1	-2	-2	-1
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Price/Free Cash Flow	- -	-2.25	-7.96	-3.12	-3.13	-18.55	-3.08	-12.42	-12.07	-3.45	-1.15
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	2	2	4	2	2	3	2	5	7	3	3
Low Price	- -	1.12	0.94	0.19	0.16	0.04	0.01	0.02	0.04	0.02	0.01
EV/Sales	3.2	0.83	2.21	0.51	0.54	0.65	0.57	0.31	0.34	31.58	160.36
EV/EBITDA	- -	3.84	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	-5.44	-2.37	-2	-1.34	-0.94	-4.55	-2.06	-0.4	-1.44	-0.86
Price/Earnings High	- -	-19.73	-3.72	-3.88	-3.01	-1.71	-10.62	-5.54	-0.81	-3.56	-1.43
Price/Earnings Low	- -	-1.91	-1.27	-0.52	-0.34	-0.24	-0.32	-0.32	-0.19	-0.41	-0.54
Price/Book Value	- -	-1.67	-1	-0.23	-0.12	-0.19	-0.09	-0.39	-25.77	-0.06	-0.04
Price/Book Value Average	- -	-3.73	-1.36	-0.53	-0.45	-0.12	-0.34	-0.31	-19.69	-0.17	-0.06
Price/Book Value High	- -	-13.51	-2.14	-1.03	-1.02	-0.22	-0.79	-0.84	-39.83	-0.42	-0.1
Price/Book Value Low	- -	-1.31	-0.73	-0.14	-0.12	-0.03	-0.02	-0.05	-9.37	-0.05	-0.04
Price/Tangible Book Value	- -	0.99	1.42	0.59	5.13	-1.86	-0.92	-1.79	-1.14	-0.22	-0.11
Price/Tangible Book Value Average	- -	2.2	1.95	1.38	20.13	-1.19	-3.55	-1.44	-0.87	-0.57	-0.18
Price/Tangible Book Value High	- -	7.99	3.05	2.68	45.22	-2.17	-8.29	-3.87	-1.76	-1.41	-0.29
Price/Tangible Book Value Low	- -	0.77	1.04	0.36	5.13	-0.31	-0.25	-0.22	-0.41	-0.16	-0.11
Price/Sales	- -	1.33	2.21	0.35	0.28	0.41	0.27	0.25	0.22	12.96	30.67
Price/Sales Average	- -	2.97	3.03	0.82	1.09	0.26	1.04	0.2	0.17	33.99	48.76
Price/Sales High	- -	10.77	4.75	1.59	2.45	0.48	2.42	0.54	0.34	84.21	80.86
Price/Sales Low	- -	1.04	1.62	0.21	0.28	0.07	0.07	0.03	0.08	9.72	30.67
Price/Cash Flow	- -	-1.42	-3.62	-2.66	-3.01	-11.89	-2.81	-12.42	-5.66	-3.3	-1.15
Price/Cash Flow Average	- -	-3.16	-4.96	-6.16	-11.81	-7.62	-10.84	-10	-4.33	-8.66	-1.82
Price/Cash Flow High	- -	-11.45	-7.77	-11.97	-26.54	-13.88	-25.31	-26.91	-8.75	-21.46	-3.02
Price/Cash Flow Low	- -	-1.11	-2.65	-1.59	-3.01	-1.98	-0.77	-1.55	-2.06	-2.48	-1.15
Price/Free Cash Flow Average	- -	-5.01	-10.91	-7.23	-12.26	-11.89	-11.86	-10	-9.22	-9.04	-1.82
Price/Free Cash Flow High	- -	-18.19	-17.09	-14.04	-27.54	-21.65	-27.69	-26.91	-18.66	-22.4	-3.02
Price/Free Cash Flow Low	- -	-1.76	-5.83	-1.87	-3.13	-3.09	-0.85	-1.55	-4.39	-2.58	-1.15
EV/Sales Average	3.2	2.47	3.03	0.97	1.35	0.5	1.34	0.26	0.29	52.62	178.45
EV/Sales High	3.2	10.27	4.75	1.74	2.71	0.72	2.72	0.6	0.46	102.84	210.55
EV/Sales Low	3.2	0.54	1.62	0.36	0.54	0.31	0.37	0.09	0.21	28.34	160.36
EV/EBITDA Average	-1.45	11.38	-2.48	-3.24	-3.75	-3	-4.69	-3.21	-3.73	-3.18	-4.08
EV/EBITDA High	-1.45	47.28	-3.88	-5.8	-7.53	-4.28	-9.56	-7.48	-5.88	-6.21	-4.81
EV/EBITDA Low	-1.45	2.51	-1.32	-1.21	-1.49	-1.84	-1.31	-1.08	-2.63	-1.71	-3.66
EV/EBIT Average	-1.6	-16.63	-2.72	-2.51	-2.98	-2.19	-3.66	-2.79	-3.32	-2.54	-3.66
EV/EBIT High	-1.6	-69.12	-4.27	-4.51	-5.99	-3.13	-7.46	-6.51	-5.24	-4.96	-4.32
EV/EBIT Low	-1.6	-3.66	-1.45	-0.94	-1.18	-1.35	-1.02	-0.94	-2.34	-1.37	-3.29
Last Price	- -	1.44	1.28	0.31	0.16	0.24	0.04	0.12	0.11	0.02	0.01
High Price	- -	11.62	2.75	1.41	1.38	0.28	0.36	0.26	0.17	0.13	0.03
Enterprise Value Average	2	6	5	3	4	2	4	4	6	4	4
Enterprise Value High	2	25	9	6	8	3	8	10	9	8	5
Enterprise Value Low	2	1	3	1	2	1	1	1	4	2	3

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Shares Outstanding	1	3	4	5	6	7	31	34	38	57	63
Diluted Weighted Avg Shares	1	2	3	4	5	10	19	34	39	53	60
Basic Weighted Avg Shares	1	2	3	4	5	7	19	34	39	53	60
Revenue per Share	0.49	1.08	0.58	0.89	0.56	0.59	0.15	0.48	0.51	- -	- -
EBITDA per Share	-1.07	0.23	-0.71	-0.27	-0.2	-0.1	-0.04	-0.04	-0.04	-0.03	-0.02
Operating Income per Share	-0.97	-0.16	-0.64	-0.34	-0.25	-0.13	-0.05	-0.04	-0.04	-0.03	-0.02
Basic EPS, GAAP	-1.36	-0.59	-0.74	-0.36	-0.46	-0.16	-0.03	-0.05	-0.21	-0.04	-0.02
Basic EPS from Cont Ops	-1.36	-0.52	-0.61	-0.31	-0.42	-0.13	-0.03	-0.05	-0.1	-0.04	-0.02
Diluted EPS, GAAP	-1.36	-0.59	-0.74	-0.36	-0.46	-0.1	-0.03	-0.05	-0.21	-0.04	-0.02
Diluted EPS from Cont Ops	-1.36	-0.52	-0.61	-0.31	-0.42	-0.09	-0.03	-0.05	-0.1	-0.04	-0.02
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-1.17	-1.02	-0.35	-0.12	-0.05	-0.02	-0.01	-0.01	-0.02	-0.01	-0.01
Free Cash Flow per Basic Share	-1.65	-1.39	-0.55	-0.13	-0.05	-0.02	-0.02	-0.01	-0.03	-0.01	-0.01
Cash & Equivalents per Share	0.29	0.54	0.03	0.03	0.01	- -	- -	- -	- -	- -	- -
Book Value per Share	-4.18	-0.86	-1.29	-1.36	-1.35	-1.26	-0.45	-0.31	- -	-0.31	-0.29
Tangible Book Value per Share	-1.94	1.45	0.9	0.53	0.03	-0.13	-0.04	-0.07	-0.1	-0.09	-0.1

Univec, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)