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Packaged Foods and Meats, United States and Canada > Key Stats & RatiosKey Stats &

Ratios
Trading Multiples
CY2008
Count
CY2009
TEV/Total Revenue
TEV/EBITDA
TEV/EBIT
P/E
P/BV
P/TangBV
Profitability
Return on Assets %
Return on Capital %
Return on Equity %
Margin Analysis
Gross Margin %
SG&A Margin %
EBITDA Margin %
EBITA Margin %
EBIT Margin %
Earnings from Cont. Ops Margin %
Net Income Margin %
Net Income Avail. for Common Margin %
Normalized Net Income Margin %
Levered Free Cash Flow Margin %
Unlevered Free Cash Flow Margin %
Asset Turnover
Total Asset Turnover
Fixed Asset Turnover
Accounts Receivable Turnover
Inventory Turnover
Short Term Liquidity
Current Ratio
Avg Days Inventory Outstanding
Quick Ratio
Avg Days Payable Outstanding
Avg Days Sales Outstanding
Avg Cash Conversion Cycle
Cash from Operations to Current Liabilities
Long Term Solvency
Total Debt/Equity
Total Debt/Capital
LT Debt/Equity
LT Debt/Capital
Total Liabilities/Total Assets

Count

CY2010

Count

Latest As of June-27-2012
CY2011
Count

1.0x
8.8x
11.0x
15.5x
2.2x
3.1x

79
57
54
47
72
51

1.2x
8.8x
10.7x
15.1x
2.5x
4.6x

86
71
67
63
76
58

1.2x
9.2x
11.5x
17.7x
2.5x
4.8x

88
71
69
63
77
56

1.3x
9.9x
12.3x
18.4x
2.7x
5.2x

79
58
56
53
70
51

6.0%
8.6%
12.2%

99
99
99

7.0%
10.1%
16.7%

102
103
103

6.6%
9.4%
14.4%

105
107
107

6.0%
9.3%
12.5%

98
99
99

24.3%
16.4%
10.6%
8.1%
8.1%
3.0%
3.8%
3.8%
3.9%
4.2%
5.4%

93
88
91
93
93
93
93
93
93
91
91

27.4%
16.9%
13.2%
10.6%
10.6%
5.7%
5.7%
5.7%
5.4%
7.2%
8.5%

96
91
94
96
96
96
96
96
96
92
92

27.8%
17.0%
13.6%
10.9%
10.9%
5.3%
6.2%
6.2%
5.4%
5.2%
6.5%

104
99
100
104
104
104
104
104
104
96
96

25.9%
15.9%
12.6%
9.9%
9.9%
4.4%
4.5%
4.5%
5.1%
4.1%
5.3%

95
94
92
95
95
95
95
95
95
89
89

1.1x
5.1x
12.5x
6.8x

92
86
86
86

1.1x
4.8x
12.6x
6.8x

96
91
92
92

1.0x
4.8x
12.3x
6.3x

102
95
96
96

1.0x
5.1x
12.7x
6.6x

95
91
91
91

1.2x
56.3
1.4x
0.5
31.2
54.7
0.3x

98
81
99
2
81
79
99

1.5x
53.7
1.5x
0.8
29.2
55
0.6x

102
84
103
2
82
81
103

1.4x
55.7
1.4x
0.8
29.4
54.2
0.4x

105
91
107
2
89
87
107

1.4x
55.9
1.4x
NA
29.2
53.2
0.3x

98
84
99
NA
86
83
98

114.9%
53.5%
96.9%
44.7%
67.5%

99
99
72
72
99

91.3%
47.7%
86.1%
44.6%
63.5%

103
103
74
74
102

89.5%
47.2%
81.4%
42.3%
63.3%

107
107
76
76
105

91.1%
47.7%
77.8%
40.4%
66.0%

99
99
72
72
98

EBIT / Interest Expenses


EBITDA / Interest Exp.
(EBITDA-CAPEX) / Interest Exp.
Total Debt/EBITDA
Net Debt/EBITDA
Growth Over Prior Year
Total Revenue, 1 Yr Growth %
Gross Profit, 1 Yr Growth %
EBITDA, 1 Yr Growth %
EBITA, 1 Yr Growth %
EBIT, 1 Yr Growth %
Earnings from Cont. Ops., 1 Yr Growth %
Net Income, 1 Yr Growth %
Normalized Net Income, 1 Yr Growth %
Accounts Receivable, 1 Yr Growth %
Inventory, 1 Yr Growth %
Net PP&E, 1 Yr Growth %
Common Equity, 1 Yr Growth %
Total Assets, 1 Yr Growth %
Tangible Book Value, 1 Yr Growth %
Cash from Operations, 1 Yr Growth %
Capital Expenditures, 1 Yr Growth %
Levered Free Cash Flow, 1 Yr Growth %
Unlevered Free Cash Flow, 1 Yr Growth %
Compound Annual Growth Rate Over Two Years
Total Revenue, 2 Yr CAGR %
Gross Profit, 2 Yr CAGR %
EBITDA, 2 Yr CAGR %
EBITA, 2 Yr CAGR %
EBIT, 2 Yr CAGR %
Earnings from Cont. Ops., 2 Yr CAGR %
Net Income, 2 Yr CAGR %
Normalized Net Income, 2 Yr CAGR %
Accounts Receivable, 2 Yr CAGR %
Inventory, 2 Yr CAGR %
Net PP&E, 2 Yr CAGR %
Common Equity, 2 Yr CAGR %
Total Assets, 2 Yr CAGR %
Tangible Book Value, 2 Yr CAGR %
Cash from Operations, 2 Yr CAGR %
Capital Expenditures, 2 Yr CAGR %
Levered Free Cash Flow, 2 Yr Growth %
Unlevered Free Cash Flow, 2 Yr Growth %
Compound Annual Growth Rate Over Three Years
Total Revenue, 3 Yr CAGR %
Gross Profit, 3 Yr CAGR %

4.0x
5.2x
5.2x
3.0x
2.8x

86
83
83
94
94

5.1x
6.4x
6.4x
2.4x
2.0x

93
88
88
97
97

5.0x
6.3x
6.3x
2.5x
2.1x

98
93
93
99
99

5.1x
6.4x
6.4x
2.5x
2.1x

88
83
83
93
93

4.7%
(1.4%)
(7.9%)
(9.9%)
(10.3%)
(35.6%)
(18.7%)
(15.5%)
(8.5%)
(4.2%)
(3.3%)
(8.6%)
(1.8%)
NM
(15.8%)
NM
68.9%
48.2%

89
90
91
95
95
95
95
95
82
84
86
94
94
94
95
82
92
92

(1.2%)
10.8%
22.7%
29.3%
29.4%
89.4%
48.0%
37.5%
0.1%
(2.4%)
5.0%
19.0%
4.5%
NM
78.1%
NM
55.2%
43.3%

88
89
90
96
96
96
96
96
82
85
86
95
95
95
96
81
92
92

6.9%
8.0%
9.6%
10.2%
9.3%
1.6%
17.2%
8.2%
9.4%
13.6%
8.1%
18.6%
17.4%
NM
(17.8%)
NM
(22.6%)
(17.9%)

95
95
95
101
101
101
101
101
89
91
91
101
100
101
101
86
95
95

9.1%
1.5%
0.8%
0.6%
0.2%
(10.2%)
(21.1%)
1.6%
5.0%
9.6%
3.0%
(0.2%)
1.4%
NM
(1.8%)
NM
(12.0%)
(9.9%)

90
91
89
94
94
94
94
94
87
84
84
93
92
93
94
81
87
87

6.8%
(2.4%)
(1.5%)
(2.5%)
(2.7%)
(17.5%)
(5.4%)
(6.1%)
3.3%
4.6%
1.5%
(2.2%)
4.6%
NM
(5.6%)
NM
(6.6%)
(3.4%)

82
83
83
87
87
87
87
87
78
76
78
85
85
85
86
75
81
81

1.7%
4.5%
6.3%
7.9%
7.7%
10.4%
9.7%
7.8%
(3.9%)
(3.7%)
0.4%
3.6%
1.1%
NM
22.4%
NM
69.7%
51.2%

88
88
90
95
95
95
95
95
84
85
88
95
95
95
95
82
91
91

2.7%
9.4%
16.0%
19.4%
18.9%
38.7%
31.7%
22.0%
4.7%
5.0%
6.8%
18.2%
10.8%
NM
20.9%
NM
9.6%
8.5%

89
90
90
96
96
96
96
96
82
84
85
95
95
95
96
80
92
92

7.9%
4.7%
5.0%
5.1%
4.6%
(5.5%)
(4.5%)
4.4%
7.1%
11.8%
5.5%
8.8%
9.1%
NM
(10.2%)
NM
(16.8%)
(13.4%)

84
85
84
89
89
89
89
89
80
81
81
89
88
89
89
77
84
84

4.0%
(2.5%)

79
80

4.1%
1.9%

82
83

3.4%
5.7%

90
90

4.7%
6.5%

79
80

EBITDA, 3 Yr CAGR %
EBITA, 3 Yr CAGR %
EBIT, 3 Yr CAGR %
Earnings from Cont. Ops., 3 Yr CAGR %
Net Income, 3 Yr CAGR %
Normalized Net Income, 3 Yr CAGR %
Accounts Receivable, 3 Yr CAGR %
Inventory, 3 Yr CAGR %
Net PP&E, 3 Yr CAGR %
Common Equity, 3 Yr CAGR %
Total Assets, 3 Yr CAGR %
Tangible Book Value, 3 Yr CAGR %
Cash from Operations, 3 Yr CAGR %
Capital Expenditures, 3 Yr CAGR %
Levered Free Cash Flow, 3 Yr Growth %
Unlevered Free Cash Flow, 3 Yr Growth %

(2.5%)
(3.7%)
(3.8%)
(15.6%)
(7.2%)
(6.4%)
2.7%
2.4%
0.3%
(2.3%)
2.3%
NM
(8.3%)
NM
(7.7%)
(4.7%)

78
82
82
82
82
82
74
72
74
81
81
81
82
71
75
75

6.1%
7.3%
7.2%
9.8%
10.3%
7.0%
2.1%
2.0%
2.3%
3.4%
4.2%
NM
17.2%
NM
12.2%
11.1%

82
87
87
87
87
87
80
79
80
86
86
86
86
75
81
81

7.4%
8.7%
8.3%
7.4%
12.1%
7.9%
0.4%
1.8%
2.9%
8.4%
6.3%
NM
7.2%
NM
31.0%
23.6%

90
95
95
95
95
95
85
85
87
95
95
95
95
82
91
91

10.4%
12.4%
12.1%
19.0%
10.3%
14.0%
4.7%
6.9%
5.6%
11.9%
7.7%
NM
12.5%
NM
4.7%
4.1%

79
84
84
84
84
84
74
75
75
83
83
83
84
73
83
83

Note: Aggregate Financials are calculated by Capital IQ based upon the current constituents of the Watch List. Banks are not included in Watch List calculations for any financials using TEV, EBIT, EBITDA and EBITA.

-27-2012
Latest

Count

1.3x
10.1x
12.6x
19.2x
2.7x
3.7x

87
60
57
53
75
51

9.6%
14.6%
12.0%

112
113
113

25.7%
15.8%
12.4%
9.8%
9.8%
4.2%
4.3%
4.3%
5.0%
3.6%
4.8%

108
107
104
108
108
108
108
108
108
102
102

1.0x
5.1x
12.3x
6.6x

107
102
101
103

1.4x
57.2
1.4x
52.7
30.6
54.5
0.3x

112
95
113
95
96
93
112

88.8%
47.0%
75.7%
39.9%
65.3%

113
113
80
80
112

5.2x
6.5x
6.5x
2.5x
2.1x

105
97
97
105
105

8.2%
0.1%
(2.0%)
(2.7%)
(3.1%)
(17.8%)
(22.0%)
(2.2%)
1.8%
3.7%
2.0%
(0.3%)
6.9%
NM
9.6%
NM
1.4%
0.7%

100
101
99
106
106
106
106
106
97
96
94
106
105
106
106
90
99
99

7.6%
3.4%
3.4%
3.3%
2.9%
(6.4%)
(9.7%)
2.6%
4.9%
10.4%
2.7%
4.3%
3.0%
NM
(5.9%)
NM
(19.5%)
(16.0%)

94
96
94
101
101
101
101
101
87
90
91
100
99
100
101
84
94
94

5.4%
6.7%

91
92

9.8%
11.4%
11.1%
16.8%
11.3%
12.8%
7.7%
7.7%
5.6%
12.4%
8.0%
NM
7.8%
NM
(3.8%)
(2.7%)

EV, EBIT, EBITDA and EBITA.

90
96
96
96
96
96
85
86
88
96
96
96
96
82
93
93