Short effective sample (N_eff = 3.9 < 4): the fit subcomponent is shrunk towards neutral.
·20 → 7,29
Growth pace53
Realized · 23.1 %50 %73
Expected · 7.4 %50 %34
·20 → 10,64
No recent stagnation58
Realized slowdown · 1.00×50 %93
Expected slowdown · 0.32×50 %23
·15 → 8,72
FCF quality0
FCF / net income conversion · -0.46×100 %0
Window chosen: last 5 years (the best of those evaluated).
Alternative · last 3 years: conversion -0.17× → 0 points.
Anomalous financial year(s) in earnings (2021): out of this component's estimators; they still count in the counters and hard cuts.
Positive FCF in 2 of the 5 years in the window.
An anomalous year is out of the estimators; it still counts in the counters and hard cuts.
·15 → 0,00
Debt5
Net debt / EBITDA · 5.65×100 %5
Anomalous financial year(s) in EBITDA (2021): out of this component's estimators; they still count in the counters and hard cuts.
Interest coverage (EBIT / |interest|) = 4.9×.
An anomalous year is out of the estimators; it still counts in the counters and hard cuts.
·15 → 0,76
Return on invested capital (ROIC)12
Level (recency-weighted mean) · 5.0 %50 %0
Spread over the required return · −0.0 pp over the 10 % required30 %0
Trend · +1.1 pp over 4 years20 %59
Anomalous financial year(s) in earnings or invested capital (2021): out of this component's estimators; they still count in the counters and hard cuts.
Average ROIC (5.0 %) below the required return (10 %): growth destroys value.
An anomalous year is out of the estimators; it still counts in the counters and hard cuts.
ROIC below the required return: growth destroys value.
·15 → 1,80
Weighted base
·100 → 29,21
Modifiers and penalties
The factors build the score; the modifiers correct it, within +23 / −28. Same 0–100 bar, 100 is always good.
