Financial Analysis: Financial Figures and Concepts IP

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Quad.pdf

Quad/Graphics Inc. Profile

N61W23044 Harrys Way Sussex, WI 53089-3995 United States Phone: 1-414-566-6000 http://www.quad.com

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Table of Contents

Company Overview 1

Key Information 1

Key Financials 1

Company Rankings 2

Key People 2

Company Description 3

Industry Information 5

People 6

Employees 6

Board Members 6

Biographies 7

J JOEL QUADRACCI 7

THOMAS J FRANKOWSKI 7

DAVID J HONAN 7

JENNIFER J KENT 7

JULIE CURRIE 8

ANNE M BAUER 8

Company Financials 9

Financial Summary 9

Annual Income Statement 10

Quarterly Income Statement 11

Annual Balance Sheet 12

Quarterly Balance Sheet 13

Annual Cash Flow 14

Quarterly Cash Flow 15

Financial Market Data 16

Historical Financials 17

Competition 18

Competitors List 18

Competitive Landscape 18

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Company Overview

N61W23044 Harrys Way Sussex, WI 53089-3995 United States Phone: 1-414-566-6000 http://www.quad.com

Trading as Quad, Quad/Graphics Inc is a worldwide marketing solutions partner in the US, producing catalogs, magazines, books, direct mail, and other commercial materials. The company's services include consumer insights, audience targeting, personalization, media planning and placement, process optimization, campaign planning and creation, pre-media production, videography, photography, digital execution, print execution and logistics. The company has printing facilities located around the world. With print media in structural decline, Quad/Graphics has been acquiring integrated new media marketing companies, including Periscope, Rise Interactive, and Ivie. The company generates the majority of its revenue domestically. Having nothing to do with the number four, Quad takes its name from Harry Quadracci, who founded the company in 1971. His youngest son Joel runs the company today as Chairman and CEO.

Key Information

DUNS Number 055302756 Location Type Parent/Headquarters Subsidiary Status No Manufacturer Yes Company Type Publicly Traded Company - Corporation Plant/Facility Size (Square Feet) 1,970,000.00 Owns/Rents Owns Accountant Deloitte & Touche LLP Total Employees 15,800 Employee Growth (1-3 years) -13% Employees At This Location 700 Year of Founding or Change in Control 1971 Primary Industry 1068: Commercial Printing Primary SIC Code 27520101: Offset printing Primary NAICS Code 323111: Commercial Printing (except Screen and

Books) Tradestyle Quad Latitude/Longitude 43.1276 / -88.2007

Key Financials

Fiscal Year-End December 2020 Sales (Actual) $2,929.60M 1-Year Sales Growth (25.33)% Net Income $(128,300,000.00) 1-Year Net Income Growth 0.00% Total Assets $1,927.70M Market Value $191.38M Prescreen Score Low Risk

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Company Rankings

746 in Fortune 1000 Revenue Rank (2021)

Key People

Name Title

J JOEL QUADRACCI Chairman of the Board, President, Chief Executive Officer

THOMAS J FRANKOWSKI President, Chief Operating Officer DAVID J HONAN Executive Vice President, Chief Financial Officer JENNIFER J KENT Executive Administration Vice-President, General

Counsel JULIE CURRIE Executive Vice President, Officer ANNE M BAUER Executive Director, Officer

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Company Description

Operations Quad's two principal segments are United States Print & Related Services (USP) and International. A small Corporate segment holds unallocated general and administrative expenses. The USP segment provides around 90% of the company's revenue. It consists of Quad's printing operations for retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in- store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products. Also allocated to the USP segment are Quad's marketing services, which include marketing strategy, media planning and placement, data insights, segmentation, analytics, creative services, and digital publishing. USP also manufactures ink. Quad's International segment consists of its printing operations in Europe and Latin America as well as investments in printing operations in Brazil and India. The International segment accounts for the remaining 10% of the company's net sales.

Financial Performance Quad's revenue has been fluctuating for the past five years. It has an overall decline of 15% ($673.7 million). Its net loss has a five-year improvement of 76%. In 2019 the company's revenue dipped by $62.4 million, a 2% change from the previous year. Its net income of $7.9 million in 2018, declined by $164.2 million to a net loss of $156.3 in 2019. Quad's cash on hand grew $9.2 million during 2019, ending the year at $78.7 million. The company's operations generated $155.5 million, offset by $208.1 million used in its investing activities. Financing activities generated $61.8 million.

Geographic Reach Wisconsin-based Quad operates more than 140 facilities in about 15 countries across North America, South America, Europe, and Asia. The company has investments in printing operations in Brazil and India. Quad generates about 90% of its sales from its home market of the US.

Mergers and Acquisitions In early 2020, Quad/Graphics, Inc. acquired Apple Tree Group, a strategic and creative agency specializing in point-of-sale advertising innovation for some of the world's best-known brands. The acquisition strengthens Quad's one-of-a-kind integrated marketing solutions offering that helps brand owners and retailers reduce complexity, enhance process efficiencies and improve marketing spend effectiveness across all media channels.

Sales and Marketing Quad's clients include industry-leading blue chip companies that operate in a wide range of industries and serve both businesses and consumers. It also serves retailers, publishers, direct marketers, and companies from the retail, financial/insurance, healthcare, consumer packaged goods, publishing and direct-to-consumer. Quad's ten largest clients account for about 15% of sales.

Strategy Quad's strategic priorities are as follows: The Company encourages all employees, regardless of job title, to walk in the shoes of clients by putting a priority on listening to clients' needs and challenges, doing what they can to make it easy to work with Quad, and making the client experience enjoyable at every touchpoint. The Company creates more value than the traditional agency approach that operates in silos and is focused on profit by individual media channel. The Company calls this transformation Quad 3.0. With this, Quad's unique integrated marketing platform removes the complexity Quad's clients face when working with multiple agency partners and vendors, eliminating multiple handoffs that compromise both the strategy of programs as well as the speed at which they are executed.

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Quad uses a disciplined return on capital framework and historically has made significant investments in its print manufacturing platform and data management capabilities. The Company's continued focus to strengthen its core manufacturing platform through investments that streamline, automate and improve efficiencies and throughput, while reducing labor costs, promotes sustainable cash flow and continued value creation. Quad's strategy to empower employees throughout their career journey builds on key aspects of the Company's distinct corporate culture. Enhance Financial Strength and Create Shareholder Value. This strategy is centered on the Company's ability to maximize net earnings, Free Cash Flow and operating margins; maintain consistent financial policies to ensure a strong balance sheet, liquidity level and access to capital; and retain the financial flexibility needed to strategically allocate and deploy capital as circumstances change.

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Industry Information

Primary SIC Code 27520101: Offset printing

Primary NAICS Code 323111: Commercial Printing (except Screen and Books)

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People

Employees

Title Name Age Salary Bonus

Chairman of the Board, President, Chief Executive Officer

J JOEL QUADRACCI -- -- --

President, Chief Operating Officer

THOMAS J FRANKOWSKI -- $643,067.00 $618,800.00

Executive Vice President, Chief Financial Officer

DAVID J HONAN -- $551,200.00 $530,400.00

Executive Administration Vice-President, General Counsel

JENNIFER J KENT -- $459,333.00 $442,000.00

Executive Vice President, Officer

JULIE CURRIE -- -- --

Executive Director, Officer ANNE M BAUER -- -- --

Board Members

Title Name Age

Chairman of the Board, President, Chief Executive Officer

J QUADRACCI --

Board Member MR. CHRISTOPHER HARNED -- Board Member MR. DOUGLAS BUTH -- Board Member MR. MARK ANGELSON -- Board Member MR. STEPHEN FULLER --

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Biographies

J JOEL QUADRACCI

Chairman of the Board, President, Chief Executive Officer

THOMAS J FRANKOWSKI

Chief Operating Officer, Executive Vice President

Salary: $643,067.00 Bonus: $618,800.00

Biography Mr. Thomas J. Frankowski serves as Chief Operating Officer, Executive Vice President of the Company since March 2014. He previously served as Executive Vice President of Manufacturing Operations and President of Quad Europe from July 2010 to March 2014. Prior thereto, Mr. Frankowski was Senior Vice President of Manufacturing from 2004 to July 2010, President of Quad Europe from 2008 to July 2010, and served in various other capacities since he joined Quad in 1979. Mr. Frankowski also serves on the Quad/Graphics Europe Management Board and the board of Memjet Ink.

DAVID J HONAN

Chief Financial Officer, Executive Vice President

Salary: $551,200.00 Bonus: $530,400.00

Biography Mr. David J. Honan serves as Chief Financial Officer, Executive Vice President of the Company since January 2015. He previously served as Vice President and Chief Financial Officer from March 2014 to January 2015, Vice President and Chief Accounting Officer from July 2010 to March 2014, Vice President and Corporate Controller from December 2009 to July 2010 and Quad's Corporate Controller from when he joined Quad in May 2009 until December 2009. Currently, he serves on the Advisory board of FM Global. Prior to joining Quad, Mr. Honan served as Vice President, General Manager and Chief Financial Officer of Journal Community Publishing Group, a subsidiary of media conglomerate Journal Communications Inc., for five years. Before joining Journal Community Publishing Group, Mr. Honan worked in executive-level roles in investor relations and corporate development at Newell Rubbermaid, a global marketer of consumer and commercial products. Prior thereto, Mr. Honan worked at the accounting firm Arthur Andersen LLP for 11 years.

JENNIFER J KENT

Executive Vice President - Administration, General Counsel

Salary: $459,333.00 Bonus: $442,000.00

Biography Ms. Jennifer J. Kent serves as Executive Vice President - Administration, General Counsel of the Company

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since June 2015. She previously served as Vice President and General Counsel from December 2013 to June 2015, and as Quad's Assistant General Counsel from when she joined Quad in August 2010 until December 2013. Ms. Kent joined the board of Mayville Engineering Company, (MEC: NYSE), a manufacturer of tooling, production fabrication, coating, assembly and aftermarket components, in December 2020 and serves on the board of Building Brave, a non-profit virtual community for professional women. Prior to joining Quad, Ms. Kent held various positions in the legal department at Harley-Davidson Motor Company from March 2003 to July 2010. Prior thereto, Ms. Kent served as an Assistant United States Attorney for the Eastern District of Wisconsin and practiced law at Foley & Lardner LLP, a Milwaukee-based law firm.

JULIE CURRIE

Executive Vice President, Chief Revenue Officer

Biography Ms. Julie A. Currie serves as Executive Vice President, Chief Revenue Officer of the Company since November 2020. She previously served as Executive Consultant of FCM, LLC from 2019 to 2020. Prior thereto, Ms. Currie served as Senior VP of Global Retail Product Leadership from 2016 to 2019, as Senior VP, Global Loyalty Commercial Director from 2012 to 2016, as Senior VP, Global Business Services North America from 2008 to 2012, as VP, National Accounts Group Client Director from 2003 to 2007, and as VP, Group Client Director from 2001 to 2003 of The Nielsen Company. Ms. Currie also serves on the board of Boys & Girls Club of Lake County.

ANNE M BAUER

Chief Accounting Officer, Executive Director

Biography Ms. Anne M. Bauer serves as Chief Accounting Officer, Executive Director of the Company since March 2017. She previously served as Director - Corporate Controller of Quad from May 2016 until March 2017. She joined Quad in September 2011, serving as Director of Corporate Accounting until May 2016. Prior to joining Quad, Ms. Bauer held various accounting positions at Journal Communications, Inc. during her 18 years there, including Vice President and Controller from June 2000 until September 2011.

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Company Financials

Financial Summary

Company Type Publicly Traded Company - Corporation NYSE:QUAD Parent/Headquarters

Fiscal Year-End December 2020 Sales (Actual) $2,929.60M 1-Year Sales Growth (25.33)% 2020 Net Income $(128,300,000.00) 1-Year Net Income Growth 0.00% Prescreen Score Low Risk

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Annual Income Statement

All amounts in millions of US Dollars except per share amounts.

Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016 Revenue 2,929.60 3,923.40 3,985.80 3,951.20 4,329.50 Cost of Goods Sold 2,334.80 3,192.20 3,221.40 3,091.30 3,394.80 Gross Profit 594.80 731.20 764.40 859.90 934.70 Gross Profit Margin 20.30% 18.64% 19.18% 21.76% 21.59% SG&A Expense 335.10 397.60 358.90 408.70 466.70 Depreciation and Amortization 181.60 209.50 214.90 218.50 277.10 Operating Income 78.10 124.10 190.60 232.70 190.90 Operating Margin 2.67% 3.16% 4.78% 5.89% 4.41% Nonoperating Income (21.90) (100.60) (22.00) (10.90) -- Nonoperating Expenses -- -- -- -- -- Income Before Taxes (106.10) (79.80) 26.50 108.90 59.30 Income Taxes 0.30 (24.40) (2.40) (9.20) 13.00 Net Income After Taxes (128.30) (156.30) 8.50 107.20 44.90

Continuing Operations (106.60) (55.70) 29.90 118.10 44.90 Discontinued Operations -- -- -- -- -- Total Operations -- -- -- -- -- Total Net Income (106.40) (55.70) 30.50 118.10 44.90 Net Profit Margin (3.63%) (1.42%) 0.77% 2.99% 1.04%

Diluted EPS from Continuing Operations -- -- -- -- -- Diluted EPS from Total Operations -- -- -- -- -- Diluted EPS from Total Net Income (2.53) (3.12) 0.16 2.07 0.90 Dividends Per Share 0.15 1.05 1.20 1.20 1.20

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Quarterly Income Statement

All amounts in millions of US Dollars except per share amounts.

Quarter Ending Mar 2021 Dec 2020 Sep 2020 Jun 2020 Mar 2020 Revenue 705.80 843.30 679.30 584.50 822.50 Cost of Goods Sold 559.80 682.90 543.30 460.90 647.70 Gross Profit 146.00 160.40 136.00 123.60 174.80 Gross Profit Margin 20.69% 19.02% 20.02% 21.15% 21.25% SG&A Expense 80.50 97.10 75.10 63.30 99.60 Depreciation and Amortization 41.90 42.70 44.80 46.70 47.40 Operating Income 23.60 20.60 16.10 13.60 27.80 Operating Margin 3.34% 2.44% 2.37% 2.33% 3.38% Nonoperating Income 0.00 (8.30) (1.10) (8.70) (3.80) Nonoperating Expenses -- -- -- -- -- Income Before Taxes 10.60 (68.60) (8.90) (18.80) (9.80) Income Taxes 0.50 17.80 (12.00) (4.30) (1.20) Net Income After Taxes 10.20 (94.00) 1.60 (23.50) (12.40)

Continuing Operations 10.20 (85.70) 2.70 (15.00) (8.60) Discontinued Operations -- -- -- -- -- Total Operations -- -- -- -- -- Total Net Income 10.20 (85.70) 2.70 (14.80) (8.60) Net Profit Margin 1.45% (10.16%) 0.40% (2.53%) (1.05%)

Diluted EPS from Continuing Operations -- -- -- -- -- Diluted EPS from Total Operations -- -- -- -- -- Diluted EPS from Total Net Income 0.19 (1.85) 0.03 (0.46) (0.25) Dividends Per Share 0.00 0.00 0.00 0.00 0.15

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Annual Balance Sheet

All amounts in millions of US Dollars except per share amounts.

Assets Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016

Cash 55.20 78.70 69.50 64.40 9.00 Net Receivables 399.10 456.10 497.60 552.50 563.60 Inventories 170.20 210.50 279.00 246.50 265.40 Other Current Assets -- -- -- -- -- Total Current Assets 679.20 910.90 946.60 908.50 902.60 Net Fixed Assets 965.20 1,134.40 1,153.80 1,377.60 1,519.90 Other Noncurrent -- -- -- -- -- Total Assets 1,927.70 2,417.10 2,469.10 2,452.40 2,570.10

Shareholder's Equity Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016

Preferred Stock Equity 0.00 0.00 0.00 0.00 -- Common Stock Equity 1.40 1.40 1.40 1.40 1.40 Total Equity 84.10 226.60 442.50 522.40 441.50 Shares Outstanding (M) 53.20 52.70 51.60 52.00 51.40

Liabilities Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016

Accounts Payable 320.00 416.70 496.30 381.60 323.50 Short-Term Debt 20.70 40.00 42.90 42.00 84.70 Other Current Liabilities 146.50 149.70 116.00 -- -- Total Current Liabilities 682.70 813.40 851.30 745.90 774.60 Long-Term Debt 902.70 1,058.50 882.60 903.50 1,019.80 Other Noncurrent 22.60 29.30 37.50 33.40 44.80 Total Liabilities 1,842.90 2,172.80 2,008.90 1,930.00 2,128.60

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Quarterly Balance Sheet

All amounts in millions of US Dollars except per share amounts.

Assets Quarter Ending Mar 2021 Dec 2020 Sep 2020 Jun 2020 Mar 2020 Cash 80.60 55.20 92.90 70.20 207.80 Net Receivables 340.30 399.10 370.10 331.10 401.80 Inventories 162.00 170.20 218.30 169.50 188.90 Other Current Assets -- -- -- -- -- Total Current Assets 633.70 679.20 751.10 694.30 917.60 Net Fixed Assets 929.40 965.20 1,037.10 1,064.40 1,098.20 Other Noncurrent -- -- -- -- -- Total Assets 1,837.20 1,927.70 2,101.40 2,103.10 2,368.60

Shareholder's Equity Quarter Ending Mar 2021 Dec 2020 Sep 2020 Jun 2020 Mar 2020 Preferred Stock Equity 0.00 0.00 0.00 0.00 0.00 Common Stock Equity 1.40 1.40 1.40 1.40 1.40 Total Equity 92.40 84.10 163.80 154.20 178.50 Shares Outstanding (M) 54.70 53.20 53.70 53.70 52.70

Liabilities Quarter Ending Mar 2021 Dec 2020 Sep 2020 Jun 2020 Mar 2020 Accounts Payable 330.00 320.00 320.60 309.40 418.40 Short-Term Debt 16.80 20.70 56.80 57.90 44.10 Other Current Liabilities 76.20 146.50 118.00 126.80 114.90 Total Current Liabilities 628.70 682.70 695.60 659.90 740.70 Long-Term Debt 871.30 902.70 969.10 983.70 1,137.80 Other Noncurrent 20.40 22.60 23.40 24.90 29.60 Total Liabilities 1,744.10 1,842.90 1,936.90 1,948.20 2,172.30

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Annual Cash Flow

All amounts in millions of US Dollars except per share amounts.

Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016 Cash & Cash Equivalents at Beginning of Year

78.70 69.50 64.40 19.20 24.30

Net Cash Provided by Operating Activities

190.20 155.50 260.60 344.00 353.60

Net Cash Provided by Investing Activities 9.70 (208.10) (120.50) (47.20) (88.80) Net Cash Privided by Financing Activities (223.60) 61.80 (133.50) (251.70) (269.30) Net Increase/Decrease in Cash & Equivalents

(23.70) 9.20 6.60 45.10 (4.50)

Cash & Cash Equivalents at End of Year 55.20 78.70 69.50 64.40 19.20

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Quarterly Cash Flow

All amounts in millions of US Dollars except per share amounts.

Quarter Ending Mar 2021 Dec 2020 Sep 2020 Jun 2020 Mar 2020 Cash & Cash Equivalents at Beginning of Year

55.20 92.90 70.20 207.80 78.70

Net Cash Provided by Operating Activities

72.90 82.80 40.20 22.50 44.70

Net Cash Provided by Investing Activities (6.00) 2.70 0.90 (8.20) 14.30 Net Cash Privided by Financing Activities (41.40) (123.70) (18.40) (152.20) 70.70 Net Increase/Decrease in Cash & Equivalents

25.50 (38.20) 22.70 (137.90) 129.70

Cash & Cash Equivalents at End of Year 80.60 55.20 92.90 70.20 207.80

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Financial Market Data

Current Information

Last Close (03-Sep-2021) $4.11 Price/Sales Ratio 0.06 52-Week High $6.36 Price/Book Ratio 2.07 52-Week Low $2.11 Price/Earnings Ratio -- 60-Month Beta 2.10 Price/Cash Flow Ratio 0.82 Market Cap $191.38M Return on Assets (5.91%) Shares Outstanding 54.68M Return on Equity (82.59%) Dividend Rate -- Current Ratio 0.99 Dividend Yield -- Long-Term Debt/Equity 11.41 # of Institutional Holders 148 % Owned by Institutions 33.42% Latest Short Interest Ratio -- Latest Net Insider Transactions --

Growth 12 Month 36 Month 60 Month

Revenue Growth (25.33%) (9.49%) (8.62%) EPS Growth -- -- -- Dividend Growth (85.71%) (50.00%) (34.02%)

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Historical Financials

Income Statement

Year Revenue ($M) Net Income ($M) Net Profit Margin

Dec 2020 2,929.60 (128.30) (4.38)% Dec 2019 3,923.40 (156.30) (3.98)% Dec 2018 3,985.80 8.50 0.21% Dec 2017 3,951.20 107.20 2.71% Dec 2016 4,329.50 44.90 1.04%

2020 Year-End Financials

Debt Ratio 1,140.55% Return on Equity (82.59%) Cash ($M) 55.20 Current Ratio 0.99 Long-Term Debt ($M) 902.70 Shares Outstanding (M) 54.68 Dividend Yield -- Dividend Payout -- Market Cap ($M) 191.38

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Competitors List

Company Gross Revenue Employees

Angstrom Graphics Inc $98.88M 1,015 Cenveo, Inc. (Top Competitor) -- 7,300 DAI NIPPON PRINTING CO., LTD. $12,693.35M 37,062 Datasite Global Corporation (Top Competitor) $704.14M 6,010 R. R. Donnelley & Sons Company (Top Competitor) $4,766.30M 36,400

Competitive Landscape

Companies listed are Top Competitors.

Key Numbers Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Annual Sales ($M) $2,929.60M -- -- $4,766.30M Employees 15,800 -- -- -- Market Cap ($M) $191.38M -- -- $441.86M

Profitability Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Gross Profit Margin 20.30% -- -- 20.50% Pre-Tax Profit (3.62%) -- -- (0.33%) Net Profit Margin (3.63%) -- -- (0.55%) Return on Equity (82.59%) -- -- -- Return on Assets (5.91%) -- -- 3.05% Return on Invested Capital (6.16%) -- -- --

Valuation Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Price/Sales Ratio 0.06 -- -- 0.09 Price/Earnings Ratio -- -- -- -- Price/Book Ratio 2.07 -- -- -- Price/Cash Flow 0.82 -- -- 2.11

Operations Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Days of Sales Outstanding 53.3 -- -- 78.5 Inventory Turnover 12.3 -- -- 12.5 Days of Cost of Goods Sold in Inventory 29.8 -- -- 29.1 Asset Turnover 1.3 -- -- 1.5

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Net Receivables Turnover Flow 6.9 -- -- 4.6 Effective Tax Rate -- -- -- --

Financial Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Current Ratio 0.99 -- -- 1.36 Quick Ratio 0.67 -- -- 1.01 Leverage Ratio 22.92 -- -- -- Total Debt/Equity 12.02 -- -- -- Interest Coverage (0.54) -- -- 0.88

Per Share Data Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

Earnings Per Share -$2.53 -- -- $1.36 Dividend Per Share $0.15 -- -- $0.03 Cash Flow Per Share $4.27 -- -- $2.90 Working Capital Per Share $0.09 -- -- $5.28 Long-Term Debt Per Share -- -- -- -- Book Value Per Share $1.69 -- -- -$3.71 Total Assets Per Share $33.60 -- -- $41.28

Growth Quad/Graphics Inc.

Cenveo, Inc. Datasite Global Corporation

R. R. Donnelley & Sons

Company

12-Month Revenue (25.33%) -- -- (12.92%) 12-Month Net Income -- -- -- -- 12-Month EPS Growth -- -- -- -- 12-Month Dividend Growth (85.71%) -- -- (75.00%) 36-Month Revenue (9.49%) -- -- (11.77%) 36-Month Net Income -- -- -- -- 36-Month EPS Growth -- -- -- -- 36-Month Dividend Growth (50.00%) -- -- (62.30%)

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