INDUSTRY ANALYSIS: One Industry
GREAT FEATURE: To find the meaning or usage of any term, just click on the term to enter
the Glossary.
Industry analysis ratios allow comparison of one time period to another within the industry or
to another industry or company.. Since industry analysis ratios look at relationships inside the
industry, an industry of one size can be directly compared to a second industry (or a collection
of industries) which may be larger or smaller or even in a different business. Industry Analysis
is a method of comparison not dependent on the size of the industry. Financial Ratios provide
a broader basis for comparison than do raw numbers. However, financial analysis ratios on
their own, without year-to-year or other industry comparative ratios, are of little use in
judging the health or future of the industry being analyzed. Your Industry Financial Analysis
provides you with 28 conversions of financial numbers for an industry into ratios and two
predictors of the future: Altman Z-Score and Sustainable Growth Rate.
Industry Analysis: SIC Code 3571: ELECTRONIC COMPUTERS
3571
TERM(Click Term for Glossary)
Net Sales in $M
Last Year
3571
3571
3571
3571
Last Year - 1 Last Year - 2 Last Year - 3 Last Year - 4
3,906.3
3,297.9
3,329.3
3,587.4
3,464.5
Altman Z-Score
2.41
2.03
2.85
4.49
4.04
Sustainable Growth Rate
19%
6%
15%
22%
27%
15.7
85.2
29.1
40.3
28.7
27.6%
24.7%
27.1%
26.1%
27.1%
Net Profit Margin (Pre-tax)
8.6%
4.9%
7.1%
9.8%
12.0%
Net Profit Margin (After-tax)
5.5%
0.9%
4.7%
6.6%
7.5%
Operating Expense to Sales
85.2%
96.3%
94.0%
92.4%
90.1%
Operating Profit to Sales
14.8%
3.7%
6.0%
7.6%
9.9%
Basic Earning Power
9.6%
5.1%
7.7%
11.3%
14.1%
Return on Assets (After-tax)
6.1%
2.3%
5.4%
7.5%
8.8%
19.2%
7.4%
15.9%
22.5%
27.1%
PREDICTOR RATIOS:
PROFITABILITY RATIOS:
P/E Ratio
Gross Profit Margin on Sales
Return on Equity
ASSET MANAGEMENT RATIOS:
Collection Period (Period
Average)
75.1
85.3
90.3
85.9
82.9
Collection Period (Period End)
77.9
85.6
84.2
89.5
85.2
Inventory Turns (Period
Average)
28.0
20.8
15.9
16.7
16.9
Inventory Turns (Period End)
28.0
24.5
17.7
15.8
16.8
Days Inventory
13.1
17.6
23.0
21.9
21.6
Working Capital Turnover
10.5
8.7
8.4
8.2
10.1
Fixed Asset Turnover
8.7
7.5
6.7
6.9
6.8
Total Asset Turnover
1.1
1.0
1.1
1.2
1.2
Current Ratio
1.3
1.3
1.3
1.4
1.3
Quick Ratio
1.2
1.2
1.2
1.2
1.2
Sales/Receivables
4.7
4.3
4.3
4.1
4.3
28.3%
34.9%
28.7%
31.6%
28.9%
59.4
27.2
27.7
29.0
38.1
3.1
3.3
2.9
3.0
3.1
0.40
0.45
0.47
0.49
0.53
Debt Ratio
0.7
0.7
0.7
0.7
0.7
Debt to Equity
2.1
2.3
1.9
2.0
2.1
Long-term-debt to Equity
0.4
0.5
0.4
0.5
0.4
56.7%
53.9%
58.9%
59.7%
63.0%
LIQUIDITY RATIOS:
Gearing Ratio
DEBT MANAGEMENT RATIOS:
Times Interest Earned
Equity Multiplier
Fixed Assets (net)/Net Worth
Current-debt to Total Debt
N/A: Data unavailable in order to calculate ratio
Z: Data equals zero in ratio denominator