financial analysis
restaurant
| United States / Restaurants -IND | |||||
| FI3435US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Gross Margin | 24.59 | 24.60 | 23.63 | 23.42 | 25.45 |
| Operating Margin | 16.30 | 16.44 | 15.14 | 15.19 | 16.49 |
| Net Margin | 12.31 | 10.61 | 10.01 | 9.47 | 11.09 |
| EBIT Margin | 16.30 | 16.44 | 15.14 | 15.19 | 16.49 |
| EBITDA Margin | 21.19 | 21.22 | 20.11 | 20.10 | 21.53 |
| Return on Assets | 13.20 | 12.39 | 11.95 | 11.00 | 12.33 |
| Return on Equity | -700.58 | 180.41 | 87.91 | 38.93 | 34.20 |
| Return on Invested Capital | 20.94 | 17.97 | 17.42 | 15.57 | 17.29 |
| Free Cash Flow Margin | 14.92 | 8.06 | 9.65 | 9.36 | 6.55 |
| United States / Restaurants -IND | |||||
| FI3435US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Price/Earnings | 21.82 | 26.33 | 23.14 | 26.94 | 22.93 |
| Price/Earnings (excl negatives) | 21.71 | 25.99 | 22.97 | 26.68 | 22.60 |
| Price/Sales | 2.69 | 2.79 | 2.32 | 2.55 | 2.54 |
| Price/Book Value | -152.87 | 47.50 | 20.34 | 10.49 | 7.84 |
| Price/Cash Flow | 12.35 | 19.99 | 14.54 | 16.04 | 18.04 |
| Price/Cash Flow (excl negatives) | 12.35 | 19.99 | 14.53 | 16.02 | 18.04 |
| Price/Free Cash Flow | 17.99 | 34.63 | 23.99 | 27.25 | 38.83 |
| Enterprise Value/EBIT | 19.42 | 19.72 | 17.85 | 18.77 | 16.86 |
| Enterprise Value/EBITDA | 14.94 | 15.28 | 13.44 | 14.18 | 12.92 |
| Enterprise Value/Sales | 3.17 | 3.24 | 2.70 | 2.85 | 2.78 |
| United States / Restaurants -IND | |||||
| FI3435US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Net Debt/EBITDA | 2.26 | 2.12 | 1.91 | 1.48 | 1.10 |
| Net Debt/(EBITDA-Capex) | 3.33 | 2.93 | 2.78 | 2.19 | 1.69 |
| Total Debt/EBITDA | 2.89 | 2.54 | 2.32 | 1.85 | 1.52 |
| Total Debt/EBIT | 3.76 | 3.28 | 3.09 | 2.45 | 1.98 |
| EBIT/Interest Expense (Int. Coverage) | 7.02 | 7.72 | 9.03 | 10.32 | 11.47 |
| EBITDA/Interest Expense | 9.13 | 9.90 | 11.88 | 13.66 | 14.93 |
| CFO/Interest Expense | 9.39 | 6.50 | 9.39 | 10.92 | 9.90 |
| LT Debt/EBITDA | 2.86 | 2.50 | 2.29 | 1.82 | 1.47 |
| Net Debt/FFO | 284.10 | 309.94 | 253.26 | 197.45 | 149.03 |
| LT Debt/FFO | 359.16 | 366.52 | 303.27 | 242.31 | 200.00 |
| FCF/Total Debt | 24.36 | 14.96 | 20.66 | 25.16 | 20.06 |
| CFO/Total Debt | 35.50 | 25.91 | 34.11 | 42.74 | 43.17 |
| United States / Restaurants -IND | |||||
| FI3435US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| LT Debt/Total Equity | -3,445.10 | 903.82 | 404.57 | 150.03 | 97.78 |
| LT Debt/Total Capital | 101.69 | 88.85 | 79.28 | 59.32 | 48.73 |
| LT Debt/Total Assets | 64.93 | 62.06 | 55.00 | 42.39 | 35.27 |
| Total Debt/Total Assets | 65.74 | 62.98 | 55.78 | 43.20 | 36.31 |
| Total Debt/Total Equity | -3,487.83 | 917.22 | 410.27 | 152.92 | 100.67 |
| Net Debt/Total Capital | 80.44 | 75.14 | 66.21 | 48.34 | 36.31 |
| Total Debt/Total Capital | 102.95 | 90.17 | 80.40 | 60.46 | 50.17 |
| United States / Restaurants -IND | |||||
| FI3435US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Sales/Revenue Growth | 4.46 | -4.50 | 1.85 | 1.81 | 3.02 |
| COGS Growth | 4.74 | -5.78 | 0.86 | 1.71 | 3.25 |
| Gross Income Growth | 3.61 | -0.38 | 5.22 | 2.28 | 2.43 |
| SG&A Growth | 4.89 | -7.78 | 6.70 | 2.40 | -0.05 |
| EBIT Growth | 1.90 | 3.59 | 4.24 | 2.32 | 3.81 |
| EBITDA Growth | 3.32 | 0.77 | 3.68 | 2.54 | 4.49 |
| Pretax Income Growth | 15.64 | 6.76 | 8.93 | -0.94 | 25.96 |
| Net Income Growth | 18.87 | 0.74 | 9.96 | -3.02 | 3.09 |
| Dividend Growth | 12.15 | 0.06 | 1.34 | 7.36 | 8.71 |
aerspace & defense
| United States / Aerospace & Defense -IND | |||||
| FI1330US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Sales/Revenue Growth | 7.54 | 1.70 | 0.02 | 2.25 | 1.14 |
| COGS Growth | 6.43 | -0.22 | 0.88 | 2.14 | 0.60 |
| Gross Income Growth | 11.98 | 9.66 | -3.49 | 2.72 | 3.45 |
| SG&A Growth | 8.73 | -2.43 | 5.91 | 0.91 | -1.03 |
| EBIT Growth | 14.84 | 20.77 | -5.13 | -1.67 | 7.23 |
| EBITDA Growth | 13.81 | 18.09 | -3.56 | -1.59 | 6.76 |
| Pretax Income Growth | 11.34 | 27.32 | -5.79 | -6.55 | 16.97 |
| Net Income Growth | 17.20 | 15.31 | -4.49 | -0.78 | 12.92 |
| Dividend Growth | 12.74 | 14.50 | 8.21 | 12.20 | 14.79 |
| United States / Aerospace & Defense -IND | |||||
| FI1330US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Gross Margin | 20.94 | 20.49 | 19.13 | 19.79 | 19.48 |
| Operating Margin | 12.47 | 11.79 | 9.96 | 10.45 | 11.24 |
| Net Margin | 8.51 | 7.85 | 6.95 | 7.25 | 7.38 |
| EBIT Margin | 12.47 | 11.79 | 9.96 | 10.45 | 11.24 |
| EBITDA Margin | 14.92 | 14.29 | 12.34 | 12.72 | 13.62 |
| Return on Assets | 7.33 | 6.95 | 6.44 | 6.74 | 6.67 |
| Return on Equity | 46.53 | 36.32 | 34.39 | 33.39 | 21.60 |
| Return on Invested Capital | 18.24 | 16.28 | 15.27 | 16.71 | 13.71 |
| Free Cash Flow Margin | 8.25 | 9.23 | 8.27 | 7.08 | 7.67 |
| United States / Aerospace & Defense -IND | |||||
| FI1330US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Price/Earnings | 19.27 | 24.77 | 20.49 | 17.64 | 17.81 |
| Price/Earnings (excl negatives) | 18.96 | 24.49 | 19.69 | 17.55 | 17.62 |
| Price/Sales | 1.64 | 1.95 | 1.42 | 1.28 | 1.31 |
| Price/Book Value | 8.97 | 9.00 | 7.05 | 5.36 | 3.85 |
| Price/Cash Flow | 15.37 | 16.46 | 13.12 | 13.39 | 13.24 |
| Price/Cash Flow (excl negatives) | 15.26 | 16.36 | 13.09 | 12.81 | 13.20 |
| Price/Free Cash Flow | 19.88 | 21.08 | 17.20 | 18.06 | 17.13 |
| Enterprise Value/EBIT | 15.04 | 18.14 | 16.02 | 13.49 | 12.62 |
| Enterprise Value/EBITDA | 12.56 | 14.96 | 12.93 | 11.08 | 10.42 |
| Enterprise Value/Sales | 1.87 | 2.14 | 1.60 | 1.41 | 1.42 |
| United States / Aerospace & Defense -IND | |||||
| FI1330US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| Net Debt/EBITDA | 1.55 | 1.34 | 1.38 | 1.01 | 0.76 |
| Net Debt/(EBITDA-Capex) | 1.85 | 1.63 | 1.74 | 1.25 | 0.91 |
| Total Debt/EBITDA | 2.04 | 1.97 | 2.13 | 1.79 | 1.57 |
| Total Debt/EBIT | 2.44 | 2.38 | 2.64 | 2.17 | 1.91 |
| EBIT/Interest Expense (Int. Coverage) | 9.87 | 9.66 | 8.41 | 10.03 | 11.51 |
| EBITDA/Interest Expense | 11.82 | 11.71 | 10.41 | 12.21 | 13.94 |
| CFO/Interest Expense | 8.69 | 10.05 | 9.62 | 9.65 | 10.55 |
| LT Debt/EBITDA | 1.90 | 1.86 | 2.05 | 1.71 | 1.50 |
| Net Debt/FFO | 172.51 | 162.29 | 165.90 | 123.16 | 96.67 |
| LT Debt/FFO | 211.92 | 226.37 | 247.21 | 208.80 | 191.30 |
| FCF/Total Debt | 27.15 | 32.84 | 31.50 | 31.17 | 35.79 |
| CFO/Total Debt | 35.12 | 42.07 | 41.29 | 42.03 | 46.32 |
| United States / Aerospace & Defense -IND | |||||
| FI1330US | |||||
| Source: FactSet Market Aggregrates | |||||
| DEC '18 | DEC '17 | DEC '16 | DEC '15 | DEC '14 | |
| LT Debt/Total Equity | 155.10 | 123.09 | 125.22 | 90.42 | 60.89 |
| LT Debt/Total Capital | 58.28 | 53.53 | 54.39 | 45.78 | 37.01 |
| LT Debt/Total Assets | 24.44 | 23.54 | 23.45 | 20.41 | 18.47 |
| Total Debt/Total Assets | 26.18 | 24.85 | 24.35 | 21.45 | 19.39 |
| Total Debt/Total Equity | 166.14 | 129.94 | 130.05 | 95.06 | 62.77 |
| Net Debt/Total Capital | 47.44 | 38.38 | 36.53 | 28.86 | 18.51 |
| Total Debt/Total Capital | 62.43 | 56.51 | 56.53 | 48.73 | 38.57 |