Cash flow Universal Robina Corporation

Stocks

URC

PHY9297P1004

Food Processing

Market Closed - Philippines S.E. 10:59:26 14/09/2026 +04			5-day change	1st Jan Change
58.85 ^PHP	+1.20%		+0.26%	-12.56%

03:17pm	Unicapital Securities Upgrades Universal Robina Corp. to Buy from Hold; Price Target is PHP65	MT
08-06	Universal Robina Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

ac82be10a4a310bed0ef.MyMfiSFx7N9lUxxaMezpK4h4SAhhS6VIdT5BpN3wOCU.CmB9w1grhrsXZ0liXIiRR9oBAEYIFNI_R0wi6q2iZxRCVEmxYxW4uSMSew

Published financial data: UNIVERSAL ROBINA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Revenues	116B	148B	157B	160B	166B
Total Revenues	116B	148B	157B	160B	166B
Cost of Goods Sold, Total	83.16B	110B	115B	117B	122B
Gross Profit	32.69B	38.53B	42.3B	43.29B	44.13B
Selling General & Admin Expenses, Total	20.12B	23.33B	24.99B	26.83B	28.08B
Provision for Bad Debts	30.42M	4.05M	9.34M	11.4M	707M
Other Operating Expenses, Total	20.15B	23.33B	25B	26.84B	28.78B
Operating Income	12.54B	15.19B	17.3B	16.45B	15.34B
Interest Expense, Total	-536M	-780M	-1.55B	-1.54B	-1.31B
Interest And Investment Income	255M	295M	330M	364M	290M
Net Interest Expenses	-281M	-485M	-1.22B	-1.18B	-1.02B
Income (Loss) On Equity Invest.	-91.08M	-379M	-287M	-140M	-133M
Currency Exchange Gains (Loss)	346M	383M	262M	823M	98.16M
Other Non Operating Income (Expenses)	-811M	-272M	-340M	-136M	-1.05B
EBT, Excl. Unusual Items	11.7B	14.44B	15.72B	15.82B	13.24B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	87.19M	70.4M	172M	-3.67M	43.16M
Gain (Loss) On Sale Of Assets	3.18B	3.28B	18.4M	47.52M	179M
Asset Writedown	-430M	-323M	-226M	-44.78M	6.19M
EBT, Incl. Unusual Items	14.54B	17.47B	15.68B	15.82B	13.47B
Income Tax Expense	1.58B	3B	2.98B	3.06B	2.63B
Earnings From Continuing Operations	12.97B	14.47B	12.7B	12.76B	10.84B
Earnings Of Discontinued Operations	11.28B	-	-	-406M	-34.65M
Net Income to Company	24.25B	14.47B	12.7B	12.35B	10.8B
Minority Interest	-922M	-515M	-613M	-692M	-607M
Net Income - (IS)	23.32B	13.96B	12.09B	11.66B	10.2B
Net Income to Common Incl Extra Items	23.32B	13.96B	12.09B	11.66B	10.2B
Net Income to Common Excl. Extra Items	12.04B	13.96B	12.09B	12.07B	10.23B
Per Share Items
Net EPS - Basic	10.58	6.39	5.55	5.39	4.77
Basic EPS - Continuing Operations	5.46	6.39	5.55	5.57	4.78
Basic Weighted Average Shares Outstanding	2.2B	2.19B	2.18B	2.17B	2.14B
Net EPS - Diluted	10.58	6.39	5.55	5.39	4.77
Diluted EPS - Continuing Operations	5.46	6.39	5.55	5.57	4.78
Diluted Weighted Average Shares Outstanding	2.2B	2.19B	2.18B	2.17B	2.14B
Normalized Basic EPS	2.9	3.89	4.23	4.25	3.58
Normalized Diluted EPS	2.9	3.89	4.23	4.25	3.58
Dividend Per Share	1.5	1.5	1.5	3.8	2
Payout Ratio	14.04	23.36	27.17	70.58	41.91
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	18.02B	21.06B	23.36B	21.08B	21.01B
EBITA	12.6B	15.19B	17.3B	16.45B	15.34B
EBIT	12.54B	15.19B	17.3B	16.45B	15.34B
EBITDAR	18.57B	21.41B	23.99B	21.75B	21.68B
Effective Tax Rate - (Ratio)	10.85	17.17	19	19.33	19.53
Total Current Taxes	1.68B	2.95B	3.26B	3.69B	3.2B
Total Deferred Taxes	-102M	53.18M	-276M	-628M	-567M
Normalized Net Income	6.39B	8.51B	9.21B	9.19B	7.67B
Interest on Long-Term Debt	631M	190M	117M	109M	133M
Non-Cash Pension Expense	36.76M	25.09M	41.94M	86.28M	77.67M
Supplemental Operating Expense Items
Advertising Expense	7.03B	7.14B	7.93B	8.93B	8.43B
Selling and Marketing Expenses	15.58B	18.33B	19.89B	21.18B	22.23B
General and Administrative Expenses	4.06B	4.76B	4.75B	5.15B	5.33B
Research And Development Expense From Footnotes	90.45M	49.46M	36.45M	70.56M	76.91M
Net Rental Expense, Total	553M	356M	630M	669M	672M
Imputed Operating Lease Interest Expense	71.31M	101M	291M	330M	294M
Imputed Operating Lease Depreciation	481M	255M	340M	339M	378M
Maintenance & Repair Expenses, Total	3.82B	4.05B	4.26B	4.36B	3.96B

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Assets
Cash And Equivalents	16.96B	13.25B	12.19B	11.6B	11.23B
Trading Asset Securities, Total	514M	835M	1B	1.08B	295M
Total Cash And Short Term Investments	17.47B	14.09B	13.19B	12.68B	11.52B
Accounts Receivable, Total	12.88B	15.19B	17.85B	16.25B	18.07B
Other Receivables	2.93B	4.95B	2.56B	1.25B	4.17B
Total Receivables	15.81B	20.13B	20.41B	17.5B	22.24B
Inventory	28.45B	38.06B	45.86B	40.03B	37.89B
Prepaid Expenses	466M	593M	818M	1.69B	953M
Other Current Assets, Total	5.14B	7.28B	9.23B	11.98B	4.91B
Total Current Assets	67.33B	80.15B	89.51B	83.87B	77.52B
Gross Property Plant And Equipment	134B	143B	150B	143B	156B
Accumulated Depreciation	-75.9B	-81.03B	-86.62B	-76.2B	-83.15B
Net Property Plant And Equipment	58.26B	62.32B	63.87B	66.58B	73.19B
Long-term Investments	213M	244M	220M	293M	306M
Goodwill	21.27B	19.36B	18.48B	19.75B	22.04B
Other Intangibles, Total	1.82B	4.86B	5.19B	5.4B	5.9B
Deferred Tax Assets Long-Term	448M	450M	969M	1.29B	1.33B
Other Long-Term Assets, Total	3.31B	2.55B	2.07B	1.51B	2.77B
Total Assets	153B	170B	180B	179B	183B
Liabilities
Accounts Payable, Total	15.29B	15.1B	17.12B	17.4B	15.5B
Accrued Expenses, Total	6.04B	8.24B	10.49B	12.36B	10.87B
Short-term Borrowings	15.91B	23.22B	26.69B	20.61B	23.46B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	246M	273M	180M	120M	258M
Current Income Taxes Payable	289M	426M	594M	542M	324M
Unearned Revenue Current, Total	804M	1.61B	1.59B	1.6B	1.37B
Other Current Liabilities	449M	529M	462M	530M	679M
Total Current Liabilities	39.03B	49.4B	57.12B	53.17B	52.46B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	2.24B	2B	1.26B	1.18B	2.43B
Pension & Other Post Retirement Benefits	383M	420M	1.31B	1.19B	1.09B
Deferred Tax Liability Non Current	1.24B	2.16B	2.12B	1.91B	1.69B
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	42.89B	53.98B	61.81B	57.45B	57.67B
Common Stock, Total	2.23B	2.23B	2.23B	2.23B	2.23B
Additional Paid In Capital	21.19B	21.19B	21.19B	21.19B	21.19B
Retained Earnings	88.91B	95.3B	99.51B	103B	104B
Treasury Stock	-1.1B	-3.65B	-3.78B	-6.51B	-7.3B
Comprehensive Income and Other	-1.81B	271M	-1.38B	44.74M	3.62B
Total Common Equity	109B	115B	118B	120B	124B
Minority Interest	347M	625M	712M	1.35B	1.49B
Total Equity	110B	116B	118B	121B	125B
Total Liabilities And Equity	153B	170B	180B	179B	183B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.2B	2.18B	2.18B	2.15B	2.14B
ECS Total Common Shares Outstanding	2.2B	2.18B	2.18B	2.15B	2.14B
Book Value / Share	49.71	52.95	54.09	55.79	57.96
Tangible Book Value	86.33B	91.12B	94.11B	94.74B	95.96B
Tangible Book Value Per Share	39.22	41.83	43.22	44.08	44.89
Total Debt	18.4B	25.49B	28.13B	21.91B	26.15B
Net Debt	924M	11.41B	14.94B	9.23B	14.62B
Debt Equivalent of Unfunded Proj. Benefit Obligation	383M	420M	1.31B	1.19B	1.09B
Debt Equivalent Oper. Leases	4.42B	2.85B	5.04B	5.35B	5.38B
Minority Interest, Total (Incl. Fin. Div)	347M	625M	712M	1.35B	1.49B
Equity Method Investments, Total	55.23M	138M	99.35M	133M	103M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	12.7B	19.64B	18.54B	17.56B	16.32B
Inventories - Work In Process, Total	1.52B	2.6B	2.41B	2.48B	2.1B
Inventories - Finished Goods, Total	6.53B	8.57B	17.61B	11.97B	11.63B
Inventories - Others	7.69B	7.26B	7.31B	8.01B	7.84B
Land - (BS)	6.76B	8.31B	8.28B	8.27B	10.14B
Buildings, Total	19.48B	20.46B	20.89B	20.72B	22.64B
Machinery, Total	94.44B	98.67B	95.29B	90.08B	100B
Full Time Employees	13.89K	13.51K	13.55K	13.95K	13.8K
Accumulated Allowance for Doubtful Accounts (Supple)	168M	69.79M	79.1M	247M	73.37M

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Net Income	23.32B	13.96B	12.09B	11.66B	10.2B
Depreciation & Amortization - CF	5.76B	6.23B	6.32B	4.86B	5.96B
Amortization of Goodwill and Intangible Assets - (CF)	62.55M	76.58K	125K	66.89K	-
Depreciation & Amortization, Total	5.83B	6.23B	6.32B	4.86B	5.96B
Amortization of Deferred Charges, Total - (CF)	96.76M	57.38M	81.74M	108M	-
(Gain) Loss From Sale Of Asset	-3.18B	-3.28B	-18.4M	-47.52M	-179M
(Gain) Loss on Sale of Investments - (CF)	-86.61M	-70.4M	-172M	3.67M	-43.16M
Asset Writedown & Restructuring Costs	430M	323M	226M	362M	396M
(Income) Loss On Equity Investments - (CF)	91.08M	379M	287M	140M	133M
Provision and Write-off of Bad Debts	30.42M	4.05M	9.34M	11.4M	13.41M
Net Cash From Discontinued Operations	2.64B	-	-	-386M	-34.17M
Other Operating Activities, Total	-10.59B	1.09B	663M	34.4M	439M
Change In Accounts Receivable	-472M	-2.61B	-3.22B	2.41B	-1.94B
Change In Inventories	-4.12B	-10.12B	-7.75B	5.46B	1.94B
Change In Accounts Payable	342M	4.18B	4.47B	-7.72M	-6.31B
Change in Other Net Operating Assets	-858M	1.21B	-2.87B	-5.44B	707M
Cash from Operations	13.47B	11.35B	10.11B	19.17B	11.27B
Capital Expenditure	-13.2B	-9.13B	-10.22B	-5.98B	-6.38B
Sale of Property, Plant, and Equipment	1.98B	1.83B	3.69B	1.11B	399M
Cash Acquisitions	-22.57B	-486M	-434K	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-3.1M	-	-2.29M	-72.31M
Investment in Marketable and Equity Securities, Total	-177M	-244M	-250M	-170M	-100M
Other Investing Activities, Total	22.33B	310K	-271M	606M	1.22B
Cash from Investing	-11.63B	-8.04B	-7.05B	-4.44B	-4.94B
Short Term Debt Issued, Total	9.2B	19.63B	11.55B	15.65B	13.1B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	9.2B	19.63B	11.55B	15.65B	13.1B
Short Term Debt Repaid, Total	-4B	-15.74B	-6.8B	-19.6B	-8.97B
Long-Term Debt Repaid, Total	-815M	-500M	-358M	-305M	-362M
Total Debt Repaid	-4.82B	-16.24B	-7.16B	-19.91B	-9.33B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-420M	-2.55B	-125M	-2.74B	-786M
Common Dividends Paid	-3.27B	-3.26B	-3.29B	-8.23B	-4.27B
Common & Preferred Stock Dividends Paid	-3.27B	-3.26B	-3.29B	-8.23B	-4.27B
Special Dividend Paid	-4B	-4.3B	-4.6B	-	-4.7B
Other Financing Activities, Total	-434M	-295M	-512M	-98M	-713M
Cash from Financing	-3.74B	-7.02B	-4.13B	-15.32B	-6.71B
Net Change in Cash	-1.91B	-3.71B	-1.06B	-590M	-371M
Supplemental Items
Cash Interest Paid	925M	566M	1.34B	1.52B	1.28B
Cash Income Tax Paid (Refund)	1.85B	2.4B	3.09B	3.75B	3.42B
Levered Free Cash Flow	-5.72B	-7.01B	128M	15.62B	7.33B
Unlevered Free Cash Flow	-5.48B	-6.52B	1.09B	16.59B	8.15B
Change In Net Working Capital	5.95B	13.17B	5.91B	-7.31B	940M
Net Debt Issued / Repaid	4.38B	3.39B	4.39B	-4.26B	3.77B

Fiscal Period: December	2021 (PHP)	2022 (PHP)	2023 (PHP)	2024 (PHP)	2025 (PHP)
Profitability
Return on Assets	4.77	5.87	6.17	5.73	5.3
Return on Total Capital	5.72	7.04	7.51	7.1	6.51
Return On Equity %	12.49	12.82	10.84	10.64	8.79
Return on Common Equity	11.94	12.42	10.37	10.15	8.39
Margin Analysis
Gross Profit Margin %	28.22	25.96	26.96	27	26.53
SG&A Margin	17.37	15.72	15.93	16.73	16.88
EBITDA Margin %	15.55	14.19	14.89	13.15	12.63
EBITA Margin %	10.88	10.24	11.03	10.26	9.23
EBIT Margin %	10.82	10.24	11.03	10.26	9.23
Income From Continuing Operations Margin %	11.19	9.75	8.1	7.96	6.52
Net Income Margin %	20.13	9.4	7.71	7.27	6.13
Net Avail. For Common Margin %	10.39	9.4	7.71	7.52	6.15
Normalized Net Income Margin	5.52	5.74	5.87	5.73	4.61
Levered Free Cash Flow Margin	-4.94	-4.72	0.08	9.74	4.41
Unlevered Free Cash Flow Margin	-4.73	-4.39	0.7	10.34	4.9
Asset Turnover
Asset Turnover	0.7	0.92	0.9	0.89	0.92
Fixed Assets Turnover	1.88	2.45	2.49	2.46	2.38
Receivables Turnover (Average Receivables)	8.71	10.58	9.5	9.45	9.65
Inventory Turnover (Average Inventory)	3.04	3.3	2.73	2.73	3.14
Short Term Liquidity
Current Ratio	1.73	1.62	1.57	1.58	1.48
Quick Ratio	0.85	0.69	0.59	0.57	0.64
Operating Cash Flow to Current Liabilities	0.35	0.23	0.18	0.36	0.21
Days Sales Outstanding (Average Receivables)	41.89	34.51	38.43	38.73	37.83
Days Outstanding Inventory (Average Inventory)	120.04	110.47	133.68	134.25	116.38
Average Days Payable Outstanding	65.25	46.41	48.05	56.79	50.02
Cash Conversion Cycle (Average Days)	96.68	98.57	124.07	116.19	104.19
Long Term Solvency
Total Debt/Equity	16.76	21.98	23.74	18.07	20.85
Total Debt / Total Capital	14.35	18.02	19.19	15.31	17.25
LT Debt/Equity	2.04	1.73	1.07	0.97	1.94
Long-Term Debt / Total Capital	1.74	1.41	0.86	0.82	1.6
Total Liabilities / Total Assets	28.1	31.76	34.28	32.15	31.5
EBIT / Interest Expense	23.37	19.48	11.19	10.65	11.67
EBITDA / Interest Expense	34.23	27.47	15.28	13.8	16.21
(EBITDA - Capex) / Interest Expense	9.63	15.76	8.67	9.93	11.35
Total Debt / EBITDA	1	1.19	1.19	1.03	1.23
Net Debt / EBITDA	0.05	0.53	0.63	0.43	0.69
Total Debt / (EBITDA - Capex)	3.56	2.07	2.1	1.43	1.75
Net Debt / (EBITDA - Capex)	0.18	0.93	1.11	0.6	0.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.29	28.09	5.7	2.63	3.71
Gross Profit, 1 Yr. Growth %	-4	17.85	9.79	3	0.7
EBITDA, 1 Yr. Growth %	-7.95	17.3	10.94	-9.73	-0.1
EBITA, 1 Yr. Growth %	-8.82	20.57	13.86	-5.11	-6.42
EBIT, 1 Yr. Growth %	-9.27	21.17	13.86	-5.11	-6.42
Earnings From Cont. Operations, 1 Yr. Growth %	23.43	11.62	-12.21	0.29	-15.06
Net Income, 1 Yr. Growth %	117.03	-40.16	-13.36	-3.55	-12.57
Normalized Net Income, 1 Yr. Growth %	-6.19	33.15	8.23	-0.29	-16.29
Diluted EPS Before Extra, 1 Yr. Growth %	25.05	16.93	-13.09	0.27	-14.19
Accounts Receivable, 1 Yr. Growth %	-6.12	17.92	17.54	-8.15	10.13
Inventory, 1 Yr. Growth %	8.35	33.81	20.48	-12.72	-5.34
Net Property, Plant and Equip., 1 Yr. Growth %	-10.56	6.06	2.49	4.23	9.93
Total Assets, 1 Yr. Growth %	-13.36	10.76	6.09	-0.9	2.44
Tangible Book Value, 1 Yr. Growth %	74.53	5.9	3.29	0.66	1.29
Common Equity, 1 Yr. Growth %	18.6	5.41	2.11	1.79	3.34
Cash From Operations, 1 Yr. Growth %	-28.77	-15.71	-10.89	129.43	-40.61
Capital Expenditures, 1 Yr. Growth %	18.52	-30.79	11.83	-29.31	6.81
Levered Free Cash Flow, 1 Yr. Growth %	-231.68	20.98	-101.82	733.99	-59.33
Unlevered Free Cash Flow, 1 Yr. Growth %	-216.01	17.49	-116.78	485.09	-57.07
Dividend Per Share, 1 Yr. Growth %	0	0	0	153.33	-47.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.25	15.03	16.36	4.23	3.17
Gross Profit, 2 Yr. CAGR %	-1.09	6.37	13.56	6.46	1.81
EBITDA, 2 Yr. CAGR %	-3.51	3.72	13.72	-0.05	-4.86
EBITA, 2 Yr. CAGR %	-0.44	4.85	16.95	4.02	-5.53
EBIT, 2 Yr. CAGR %	-0.69	4.85	16.95	4.02	-5.3
Earnings From Cont. Operations, 2 Yr. CAGR %	15.31	17.37	-1.01	-6.03	-7.7
Net Income, 2 Yr. CAGR %	54.49	13.96	-28	-8.59	-8.17
Normalized Net Income, 2 Yr. CAGR %	-3.15	11.76	19.41	4.04	-8.1
Diluted EPS Before Extra, 2 Yr. CAGR %	13.12	20.92	0.78	-6.51	-7.25
Accounts Receivable, 2 Yr. CAGR %	-2.65	5.22	17.73	3.45	1.06
Inventory, 2 Yr. CAGR %	8.03	20.41	26.97	2.54	-9.11
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.17	-2.18	4.26	3.35	7.04
Total Assets, 2 Yr. CAGR %	-4.86	-1.79	8.4	2.54	0.76
Tangible Book Value, 2 Yr. CAGR %	35.41	35.72	4.59	1.97	0.98
Common Equity, 2 Yr. CAGR %	10.29	11.81	3.75	1.95	2.56
Cash From Operations, 2 Yr. CAGR %	-7.88	-22.51	-13.33	29.95	11.38
Capital Expenditures, 2 Yr. CAGR %	21.18	-9.43	-12.03	-19.11	-13.11
Levered Free Cash Flow, 2 Yr. CAGR %	143.86	26.95	-85.07	48.9	105.77
Unlevered Free Cash Flow, 2 Yr. CAGR %	102.06	17.46	-55.32	59.03	73.98
Dividend Per Share, 2 Yr. CAGR %	0	0	0	59.16	15.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.91	9.51	11.83	11.45	4.05
Gross Profit, 3 Yr. CAGR %	-4.09	4.86	7.5	9.69	4.93
EBITDA, 3 Yr. CAGR %	-2.96	2.86	6.07	5.29	-0.15
EBITA, 3 Yr. CAGR %	-1.9	6.12	7.77	9.16	0.31
EBIT, 3 Yr. CAGR %	-2.06	6.12	7.77	9.16	0.31
Earnings From Cont. Operations, 3 Yr. CAGR %	11.07	14.07	6.55	-0.53	-9.14
Net Income, 3 Yr. CAGR %	36.33	12.61	4.01	-20.63	-9.94
Normalized Net Income, 3 Yr. CAGR %	-2.47	7.69	10.57	12.48	-3.35
Diluted EPS Before Extra, 3 Yr. CAGR %	9.36	14.38	8.32	0.66	-9.14
Accounts Receivable, 3 Yr. CAGR %	2.14	3.77	9.17	8.06	5.97
Inventory, 3 Yr. CAGR %	8.8	16.02	20.43	12.06	-0.16
Net Property, Plant and Equip., 3 Yr. CAGR %	3.65	2.15	-0.65	4.25	5.5
Total Assets, 3 Yr. CAGR %	0.16	0.26	0.77	5.21	2.51
Tangible Book Value, 3 Yr. CAGR %	28.31	24.62	23.91	3.26	1.74
Common Equity, 3 Yr. CAGR %	9.3	8.64	8.48	3.09	2.41
Cash From Operations, 3 Yr. CAGR %	-3.52	-10.57	-18.82	12.49	-0.23
Capital Expenditures, 3 Yr. CAGR %	15.17	0.54	-2.84	-23.21	-11.26
Levered Free Cash Flow, 3 Yr. CAGR %	17.4	93.8	-69.16	39.75	1.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	6.82	69.34	-38.6	44.65	7.52
Dividend Per Share, 3 Yr. CAGR %	-3.13	0	0	36.32	10.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.56	3.49	4.39	7.25	8.2
Gross Profit, 5 Yr. CAGR %	-1.93	-0.28	2.68	5.32	5.32
EBITDA, 5 Yr. CAGR %	-3.37	0.03	3.45	1.73	1.42
EBITA, 5 Yr. CAGR %	-4.3	0.36	5.32	5.29	2.11
EBIT, 5 Yr. CAGR %	-4.4	0.36	5.33	5.29	2.11
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.23	5.35	6.07	5.53	0.63
Net Income, 5 Yr. CAGR %	12.57	5.09	5.61	3.6	-1.05
Normalized Net Income, 5 Yr. CAGR %	-8.61	0.6	5.98	6.17	2.39
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.52	5.27	5.85	5.48	1.83
Accounts Receivable, 5 Yr. CAGR %	0.8	2.1	8.11	3.64	5.67
Inventory, 5 Yr. CAGR %	8.87	15.57	15.73	10.43	7.61
Net Property, Plant and Equip., 5 Yr. CAGR %	5.08	5.03	4.07	2.63	2.36
Total Assets, 5 Yr. CAGR %	1.36	2.85	3.48	1.16	0.77
Tangible Book Value, 5 Yr. CAGR %	19.3	18.88	18.16	15.01	14.17
Common Equity, 5 Yr. CAGR %	6.78	7.22	7.05	5.92	6.07
Cash From Operations, 5 Yr. CAGR %	-6.65	-4.45	-7.57	3.85	-9.82
Capital Expenditures, 5 Yr. CAGR %	5.83	2.36	3.4	-7.84	-10.53
Levered Free Cash Flow, 5 Yr. CAGR %	-	7.2	-48.55	74.6	11.02
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	2.49	-24.63	65.34	11.53
Dividend Per Share, 5 Yr. CAGR %	-	-1.89	-1.89	20.43	5.92