Financial Ratios Technogym S.p.A.

Equities

TGYM

IT0005162406

Recreational Products

Market Closed - Borsa Italiana Other stock markets 09:15:00 15/05/2026 pm IST			5-day change	1st Jan Change
21.30 ^EUR	-2.20%		-0.75%	+31.97%

11/05	Bullish bias on MIB; crude prices propel Saipem	AN
07/05	European markets lack momentum; focus on PMI and US data	AN

c2946dce4b53d2937f05eb1d.F0sE-znI-4MzXXiYhKMGIEJuJhyLT8khSADTa8kV9Y4.eS9PkFWrnedVKAvP_uI2Qi4jRVHJdvFwfmWCOrpfl-V7JE6rALzD5XEfDw

Published financial data: TECHNOGYM S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	61Cr	72Cr	81Cr	90Cr	101.65Cr
Other Revenues, Total	16.7L	24.65L	18.03L	22.46L	28.3L
Total Revenues	61Cr	72Cr	81Cr	90Cr	101.93Cr
Cost of Goods Sold, Total	34Cr	41Cr	45Cr	50Cr	54Cr
Gross Profit	27Cr	31Cr	35Cr	40Cr	48Cr
Selling General & Admin Expenses, Total	16Cr	18Cr	19Cr	22Cr	25Cr
Provision for Bad Debts	-	-	-	2T	-
Depreciation & Amortization - (IS)	3.64Cr	4.04Cr	4.56Cr	5.13Cr	5.12Cr
Other Operating Expenses	97.08L	95.37L	1.52Cr	98.54L	1.18Cr
Other Operating Expenses, Total	20Cr	23Cr	25Cr	28Cr	31Cr
Operating Income	6.57Cr	8.35Cr	9.91Cr	12Cr	17Cr
Interest Expense, Total	-9L	-8L	-9L	-9L	-12.44L
Interest And Investment Income	9L	13.83L	50.41L	71.52L	54.49L
Net Interest Expenses	48T	6L	41.4L	62.31L	42.05L
Income (Loss) On Equity Invest.	1.54Cr	17.68L	44.03L	70T	-10L
Currency Exchange Gains (Loss)	14.31L	9L	6L	16T	-12.41L
Other Non Operating Income (Expenses)	-6L	-8L	-16.02L	-22.74L	-24.61L
EBT, Excl. Unusual Items	8.19Cr	8.59Cr	11Cr	13Cr	17Cr
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Asset Writedown	-29T	-23T	-1L	-5L	-11.18L
Legal Settlements	-50T	23T	-11.06L	-4L	-3L
Other Unusual Items	-21.15L	-25.45L	-49.21L	-29.68L	-46.06L
EBT, Incl. Unusual Items	7.97Cr	8.33Cr	10Cr	12Cr	16Cr
Income Tax Expense	1.65Cr	1.94Cr	2.32Cr	3.38Cr	4.37Cr
Earnings From Continuing Operations	6.33Cr	6.39Cr	7.72Cr	8.91Cr	12Cr
Net Income to Company	6.33Cr	6.39Cr	7.72Cr	8.91Cr	12Cr
Minority Interest	-2L	-3L	-35.28L	-20.75L	-9L
Net Income - (IS)	6.31Cr	6.36Cr	7.36Cr	8.7Cr	12Cr
Net Income to Common Incl Extra Items	6.31Cr	6.36Cr	7.36Cr	8.7Cr	12Cr
Net Income to Common Excl. Extra Items	6.31Cr	6.36Cr	7.36Cr	8.7Cr	12Cr
Per Share Items
Net EPS - Basic	0.31	0.32	0.37	0.44	0.58
Basic EPS - Continuing Operations	0.31	0.32	0.37	0.44	0.58
Basic Weighted Average Shares Outstanding	20Cr	20Cr	20Cr	20Cr	20Cr
Net EPS - Diluted	0.31	0.32	0.37	0.44	0.58
Diluted EPS - Continuing Operations	0.31	0.32	0.37	0.44	0.58
Diluted Weighted Average Shares Outstanding	20Cr	20Cr	20Cr	20Cr	20Cr
Normalized Basic EPS	0.25	0.27	0.31	0.39	0.52
Normalized Diluted EPS	0.25	0.27	0.31	0.39	0.52
Dividend Per Share	0.16	0.25	0.26	0.3	0.38
Payout Ratio	70.23	50.6	69.7	63.37	141.12
Supplemental Items
EBITDA	8.86Cr	11Cr	13Cr	15Cr	19Cr
EBITA	7.22Cr	9.12Cr	11Cr	14Cr	18Cr
EBIT	6.57Cr	8.35Cr	9.91Cr	12Cr	17Cr
EBITDAR	9.47Cr	11Cr	13Cr	16Cr	20Cr
Total Revenues (As Reported)	61Cr	72Cr	81Cr	90Cr	101.93Cr
Effective Tax Rate - (Ratio)	20.65	23.33	23.14	27.53	27.37
Total Current Taxes	1.73Cr	2.36Cr	2.45Cr	3.76Cr	4.55Cr
Total Deferred Taxes	-7L	-40.15L	-6L	-38.5L	-22.01L
Normalized Net Income	5.1Cr	5.34Cr	6.31Cr	7.72Cr	10Cr
Interest on Long-Term Debt	5L	6L	11.85L	18.38L	21.25L
Non-Cash Pension Expense	4L	41T	2L	2L	2L
Supplemental Operating Expense Items
Advertising Expense	1.74Cr	1.82Cr	1.99Cr	2.22Cr	-
Marketing Expenses	-	-	-	-	2.76Cr
Selling and Marketing Expenses	1.74Cr	1.82Cr	1.99Cr	2.22Cr	2.76Cr
Research And Development Expense From Footnotes	67.39L	71.39L	84.25L	93.98L	92.6L
Net Rental Expense, Total	60.99L	78.11L	83.01L	79.41L	90.94L
Imputed Operating Lease Interest Expense	3L	4L	6L	5L	10.74L
Imputed Operating Lease Depreciation	57.92L	73.7L	77.21L	73.91L	80.2L
Maintenance & Repair Expenses, Total	50.36L	60.35L	62.68L	73.72L	94.61L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	17Cr	21Cr	22Cr	27Cr	21Cr
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	17Cr	21Cr	22Cr	27Cr	21Cr
Accounts Receivable, Total	10Cr	11Cr	12Cr	13Cr	13Cr
Other Receivables	1.99Cr	1.89Cr	2.05Cr	2.14Cr	2.07Cr
Total Receivables	12Cr	13Cr	14Cr	15Cr	15Cr
Inventory	11Cr	10Cr	10Cr	11Cr	11Cr
Prepaid Expenses	57.83L	58.32L	57.16L	1.38Cr	1.65Cr
Other Current Assets, Total	5.83Cr	2.3Cr	63.67L	49.1L	89.9L
Total Current Assets	47Cr	46Cr	48Cr	55Cr	50Cr
Gross Property Plant And Equipment	33Cr	37Cr	40Cr	43Cr	47Cr
Accumulated Depreciation	-18Cr	-21Cr	-23Cr	-25Cr	-27Cr
Net Property Plant And Equipment	15Cr	16Cr	17Cr	18Cr	21Cr
Long-term Investments	56.15L	48.56L	18.67L	19.18L	17.76L
Goodwill	-	-	10L	10L	9L
Other Intangibles, Total	3.12Cr	3.33Cr	3.31Cr	2.83Cr	3.12Cr
Accounts Receivable Long-Term	2.63Cr	3.26Cr	3.35Cr	3.77Cr	-
Deferred Tax Assets Long-Term	2.03Cr	2.4Cr	2.59Cr	3.02Cr	3.13Cr
Deferred Charges Long-Term	2.11Cr	2.24Cr	2.26Cr	2.36Cr	2.43Cr
Other Long-Term Assets, Total	3.56Cr	4.03Cr	4.81Cr	5.08Cr	4.29Cr
Total Assets	76Cr	79Cr	82Cr	90Cr	84Cr
Liabilities
Accounts Payable, Total	16Cr	17Cr	16Cr	18Cr	19Cr
Accrued Expenses, Total	2.62Cr	2.61Cr	3.08Cr	8.51Cr	9.65Cr
Short-term Borrowings	99T	2L	4L	3L	2L
Current Portion of Long-Term Debt	6.65Cr	2.88Cr	2.23Cr	2.35Cr	11.78L
Current Portion of Leases	71.65L	86.02L	96.01L	1.06Cr	1.25Cr
Current Income Taxes Payable	59.51L	91.69L	91.92L	1.54Cr	40.57L
Unearned Revenue Current, Total	5.44Cr	4.9Cr	5.99Cr	1.98Cr	3.23Cr
Other Current Liabilities	2.64Cr	2.78Cr	3.49Cr	4.5Cr	5.03Cr
Total Current Liabilities	35Cr	32Cr	32Cr	38Cr	39Cr
Long-Term Debt	4.08Cr	3.73Cr	3.57Cr	3.99Cr	27.25L
Long-Term Leases	1.69Cr	2.92Cr	3.42Cr	3.65Cr	4.12Cr
Unearned Revenue Non Current	32.73L	26.03L	18.79L	13.09L	6L
Pension & Other Post Retirement Benefits	30.91L	26L	26.21L	25.02L	32.1L
Deferred Tax Liability Non Current	3L	2L	11.93L	11.12L	12.27L
Other Non Current Liabilities	4.06Cr	4.54Cr	5.65Cr	5.73Cr	5.92Cr
Total Liabilities	45Cr	44Cr	45Cr	52Cr	50Cr
Common Stock, Total	1.01Cr	1.01Cr	1.01Cr	1.01Cr	1.01Cr
Additional Paid In Capital	71.32L	71.32L	71.32L	71.32L	73.24L
Retained Earnings	26Cr	29Cr	31Cr	35Cr	31Cr
Treasury Stock	-	-	-69.22L	-1.92Cr	-1.8Cr
Comprehensive Income and Other	3.13Cr	3.77Cr	3.42Cr	3.42Cr	2.1Cr
Total Common Equity	31Cr	34Cr	35Cr	38Cr	33Cr
Minority Interest	17.2L	20.05L	91.68L	77.98L	30.27L
Total Equity	31Cr	35Cr	36Cr	39Cr	34Cr
Total Liabilities And Equity	76Cr	79Cr	82Cr	90Cr	84Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20Cr	20Cr	20Cr	20Cr	20Cr
ECS Total Common Shares Outstanding	20Cr	20Cr	20Cr	20Cr	20Cr
Book Value / Share	1.54	1.71	1.77	1.9	1.67
Tangible Book Value	28Cr	31Cr	32Cr	35Cr	30Cr
Tangible Book Value Per Share	1.38	1.54	1.6	1.76	1.51
Total Debt	13Cr	10Cr	10Cr	11Cr	5.78Cr
Net Debt	-4.28Cr	-10Cr	-12Cr	-16Cr	-15Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	30.91L	26L	26.21L	25.02L	32.1L
Debt Equivalent Oper. Leases	4.88Cr	6.25Cr	6.64Cr	6.35Cr	7.28Cr
Minority Interest, Total (Incl. Fin. Div)	17.2L	20.05L	91.68L	77.98L	30.27L
Equity Method Investments, Total	44.38L	40.58L	11.55L	12.25L	10.72L
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.52Cr	2.21Cr	2.23Cr	2.53Cr	2.72Cr
Inventories - Work In Process, Total	13.56L	14.34L	14.97L	16.73L	23.17L
Inventories - Finished Goods, Total	10Cr	10Cr	10Cr	11Cr	11Cr
Land - (BS)	1.31Cr	1.35Cr	1.4Cr	1.5Cr	1.65Cr
Buildings, Total	17Cr	19Cr	21Cr	22Cr	24Cr
Machinery, Total	12Cr	12Cr	13Cr	13Cr	14Cr
Full Time Employees	2.16T	2.14T	2.28T	2.34T	2.52T
Part Time Employees	-	-	-	111	120
Accumulated Allowance for Doubtful Accounts (Supple)	71.32L	80.03L	85.93L	65.08L	40.97L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	6.31Cr	6.36Cr	7.36Cr	8.7Cr	12Cr
Depreciation & Amortization - CF	2.32Cr	2.55Cr	2.69Cr	2.79Cr	3.03Cr
Amortization of Goodwill and Intangible Assets - (CF)	64.82L	77.08L	1.02Cr	1.4Cr	1.17Cr
Depreciation & Amortization, Total	2.97Cr	3.32Cr	3.71Cr	4.19Cr	4.2Cr
Amortization of Deferred Charges, Total - (CF)	67.39L	71.39L	84.25L	93.98L	92.6L
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	29T	23T	1L	5L	25.97L
Provision for Credit Losses	92T	-	-	2T	-
(Income) Loss On Equity Investments - (CF)	-1.54Cr	-17.68L	-44.03L	-70T	10L
Provision and Write-off of Bad Debts	25.75L	21.67L	21.29L	11.01L	1L
Other Operating Activities, Total	23.73L	36.54L	45L	23.54L	11.71L
Change In Accounts Receivable	-2.41Cr	-56.17L	-56.43L	-1.24Cr	-2.13Cr
Change In Inventories	-2.65Cr	40.4L	72.1L	-88.43L	-32.98L
Change In Accounts Payable	4.6Cr	1.39Cr	-1.99Cr	2.37Cr	1.53Cr
Change in Other Net Operating Assets	85.91L	-80.63L	35.88L	1.08Cr	2.04Cr
Cash from Operations	9.32Cr	11Cr	11Cr	16Cr	18Cr
Capital Expenditure	-1.11Cr	-1.47Cr	-1.74Cr	-2.16Cr	-3.9Cr
Sale of Property, Plant, and Equipment	7L	3L	8L	24.75L	10.83L
Cash Acquisitions	-	-	-	-	-
Divestitures	3.08Cr	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-14.96L
Sale (Purchase) of Intangible assets	-1.66Cr	-1.99Cr	-1.88Cr	-1.99Cr	-2.59Cr
Investment in Marketable and Equity Securities, Total	-	-	41.82L	-	-8L
Other Investing Activities, Total	5L	21.76L	3L	4L	4L
Cash from Investing	43.23L	-3.21Cr	-3.08Cr	-3.86Cr	-6.56Cr
Short Term Debt Issued, Total	-	4.18Cr	2.71Cr	48.43L	2L
Long-Term Debt Issued, Total	-	40.06L	-	-	3Cr
Total Debt Issued	-	4.58Cr	2.71Cr	48.43L	3.02Cr
Short Term Debt Repaid, Total	-5.25Cr	-	-	-	-
Long-Term Debt Repaid, Total	-3.23Cr	-6.4Cr	-2.28Cr	-1.44Cr	-4.51Cr
Total Debt Repaid	-8.47Cr	-6.4Cr	-2.28Cr	-1.44Cr	-4.51Cr
Issuance of Common Stock	-	-	-	11.1L	-
Repurchase of Common Stock	-	-	-69.22L	-1.31Cr	-
Common Dividends Paid	-4.43Cr	-3.22Cr	-5.13Cr	-5.52Cr	-16Cr
Common & Preferred Stock Dividends Paid	-4.43Cr	-3.22Cr	-5.13Cr	-5.52Cr	-16Cr
Other Financing Activities, Total	17.72L	-4L	30.4L	37.12L	16.95L
Cash from Financing	-13Cr	-5.08Cr	-5.09Cr	-7.3Cr	-18Cr
Foreign Exchange Rate Adjustments	19.77L	17.15L	-56.94L	2L	-19.35L
Miscellaneous Cash Flow Adjustments	-	1T	-	-	-1T
Net Change in Cash	-2.78Cr	3.11Cr	1.94Cr	4.4Cr	-6.09Cr
Supplemental Items
Cash Income Tax Paid (Refund)	1.43Cr	2.23Cr	2.44Cr	3.48Cr	4.77Cr
Levered Free Cash Flow	90.55L	11Cr	7.88Cr	11Cr	12Cr
Unlevered Free Cash Flow	95.97L	11Cr	7.93Cr	11Cr	12Cr
Change In Net Working Capital	4.02Cr	-5.03Cr	-79.89L	-2.63Cr	-2.7Cr
Net Debt Issued / Repaid	-8.47Cr	-1.83Cr	42.7L	-95.58L	-1.49Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.68	6.74	7.72	8.91	11.94
Return on Total Capital	9.36	11.69	13.52	15.92	23.3
Return On Equity %	21.01	19.43	21.75	23.75	32.09
Return on Common Equity	21.09	19.45	21.09	23.73	32.32
Margin Analysis
Gross Profit Margin %	43.71	42.88	43.81	44.74	46.94
SG&A Margin	25.42	24.39	24.03	24.34	24.44
EBITDA Margin %	14.48	14.85	15.51	16.92	19.08
EBITA Margin %	11.81	12.64	13.52	15.16	17.45
EBIT Margin %	10.75	11.57	12.26	13.62	16.31
Income From Continuing Operations Margin %	10.35	8.85	9.55	9.89	11.38
Net Income Margin %	10.31	8.81	9.11	9.66	11.29
Net Avail. For Common Margin %	10.31	8.81	9.11	9.66	11.29
Normalized Net Income Margin	8.34	7.4	7.81	8.56	10.08
Levered Free Cash Flow Margin	1.48	14.93	9.75	12.45	11.43
Unlevered Free Cash Flow Margin	1.57	15	9.81	12.51	11.51
Asset Turnover
Asset Turnover	0.85	0.93	1.01	1.05	1.17
Fixed Assets Turnover	3.95	4.54	4.81	5.16	5.31
Receivables Turnover (Average Receivables)	6.58	6.69	6.99	7.12	7.68
Inventory Turnover (Average Inventory)	3.6	3.94	4.45	4.64	4.85
Short Term Liquidity
Current Ratio	1.36	1.44	1.49	1.46	1.27
Quick Ratio	0.86	1.04	1.13	1.12	0.92
Operating Cash Flow to Current Liabilities	0.27	0.35	0.33	0.41	0.47
Days Sales Outstanding (Average Receivables)	55.46	54.59	52.2	51.42	47.52
Days Outstanding Inventory (Average Inventory)	101.37	92.65	82.09	78.8	75.2
Average Days Payable Outstanding	135	150.48	131.38	121.12	125.76
Cash Conversion Cycle (Average Days)	21.83	-3.25	2.91	9.1	-3.05
Long Term Solvency
Total Debt/Equity	42.2	30.07	28.1	28.62	17.17
Total Debt / Total Capital	29.68	23.12	21.94	22.25	14.65
LT Debt/Equity	18.51	19.2	19.23	19.74	13.05
Long-Term Debt / Total Capital	13.02	14.76	15.01	15.34	11.13
Total Liabilities / Total Assets	59.17	56	55.55	57.22	59.76
EBIT / Interest Expense	75.82	100.49	109.97	133.25	133.63
EBITDA / Interest Expense	110.04	140.47	151.19	178.74	167.36
(EBITDA - Capex) / Interest Expense	97.24	122.72	131.92	155.33	136.05
Total Debt / EBITDA	1.38	0.89	0.75	0.67	0.28
Net Debt / EBITDA	-0.45	-0.87	-0.9	-0.96	-0.72
Total Debt / (EBITDA - Capex)	1.56	1.02	0.86	0.77	0.34
Net Debt / (EBITDA - Capex)	-0.51	-0.99	-1.03	-1.1	-0.89
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.96	18	12	11.53	13.09
Gross Profit, 1 Yr. Growth %	14.96	15.75	16.76	13.9	18.29
EBITDA, 1 Yr. Growth %	9.53	21.03	16.93	21.58	27.59
EBITA, 1 Yr. Growth %	13.35	26.3	19.8	24.99	30.17
EBIT, 1 Yr. Growth %	12.32	27.03	18.65	23.77	35.46
Earnings From Cont. Operations, 1 Yr. Growth %	73.58	0.96	20.81	15.48	30.19
Net Income, 1 Yr. Growth %	75.16	0.83	15.81	18.2	32.27
Normalized Net Income, 1 Yr. Growth %	49.13	4.64	18.19	22.31	33.13
Diluted EPS Before Extra, 1 Yr. Growth %	75.16	0.83	16.29	18.99	32.18
Accounts Receivable, 1 Yr. Growth %	28.6	6.31	8.09	10.89	-0.77
Inventory, 1 Yr. Growth %	31.39	-7.26	2.87	7.08	0.98
Net Property, Plant and Equip., 1 Yr. Growth %	-3.45	6.88	4.53	3.78	15.66
Total Assets, 1 Yr. Growth %	11.56	3.03	4.08	10.49	-7.54
Tangible Book Value, 1 Yr. Growth %	7.87	10.84	3.18	9.12	-13.85
Common Equity, 1 Yr. Growth %	7.52	11	3.09	6.9	-12.04
Cash From Operations, 1 Yr. Growth %	-8.98	20.42	-4.83	45.48	17.3
Capital Expenditures, 1 Yr. Growth %	21.78	32.92	17.71	24.23	89.58
Levered Free Cash Flow, 1 Yr. Growth %	-87.95	1.09T	-26.89	42.22	2.91
Unlevered Free Cash Flow, 1 Yr. Growth %	-87.33	1.03T	-26.72	42.12	3.07
Dividend Per Share, 1 Yr. Growth %	-27.27	56.25	4	15.38	26.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.4	18.98	14.96	11.77	12.31
Gross Profit, 2 Yr. CAGR %	-7.35	15.36	15.1	15.32	16.24
EBITDA, 2 Yr. CAGR %	-17.97	15.14	18.96	19.27	24.55
EBITA, 2 Yr. CAGR %	-20.96	19.65	23.01	22.41	27.55
EBIT, 2 Yr. CAGR %	-23.24	19.45	22.77	21.23	29.48
Earnings From Cont. Operations, 2 Yr. CAGR %	-13.08	32.38	10.44	18.12	22.62
Net Income, 2 Yr. CAGR %	-12.94	32.9	8.06	17	25.03
Normalized Net Income, 2 Yr. CAGR %	-13.79	24.92	11.21	20.23	27.6
Diluted EPS Before Extra, 2 Yr. CAGR %	-13.01	32.9	8.28	17.63	25.41
Accounts Receivable, 2 Yr. CAGR %	-9.57	16.93	7.2	9.48	4.9
Inventory, 2 Yr. CAGR %	18.86	10.39	-2.32	4.95	3.98
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.03	2.1	5.7	4.15	9.55
Total Assets, 2 Yr. CAGR %	9.31	7.21	3.55	7.24	1.07
Tangible Book Value, 2 Yr. CAGR %	11.04	9.65	6.94	6.11	-3.04
Common Equity, 2 Yr. CAGR %	9.59	9.25	6.97	4.98	-3.04
Cash From Operations, 2 Yr. CAGR %	-17.14	4.69	7.05	17.67	30.63
Capital Expenditures, 2 Yr. CAGR %	-27.86	27.22	25.08	20.92	49.8
Levered Free Cash Flow, 2 Yr. CAGR %	-67.24	19.73	194.9	2.07	21.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-66.38	19.55	187.48	2.08	21.57
Dividend Per Share, 2 Yr. CAGR %	-	6.6	27.48	9.54	20.89
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.21	2.55	16.61	13.81	12.21
Gross Profit, 3 Yr. CAGR %	-3.12	-0.21	15.05	14.7	16.41
EBITDA, 3 Yr. CAGR %	-11.3	-6.62	15.73	19.85	21.98
EBITA, 3 Yr. CAGR %	-13.8	-7.59	19.7	23.69	24.94
EBIT, 3 Yr. CAGR %	-15.66	-9.21	19.18	23.13	25.8
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.2	-8.63	28.41	12.1	22.01
Net Income, 3 Yr. CAGR %	-12.15	-8.57	26.94	11.34	21.88
Normalized Net Income, 3 Yr. CAGR %	-9.41	-8.04	22.64	14.79	24.39
Diluted EPS Before Extra, 3 Yr. CAGR %	-12.2	-8.62	27.11	11.74	22.29
Accounts Receivable, 3 Yr. CAGR %	-11.71	-4.56	13.9	8.42	5.95
Inventory, 3 Yr. CAGR %	6.63	9.43	7.82	0.71	3.61
Net Property, Plant and Equip., 3 Yr. CAGR %	2.15	-0.19	2.91	5.05	7.85
Total Assets, 3 Yr. CAGR %	8.57	7.18	6.16	5.82	2.07
Tangible Book Value, 3 Yr. CAGR %	14.98	11.18	7.45	7.66	-1.01
Common Equity, 3 Yr. CAGR %	14.25	10.06	7.15	6.95	-1.04
Cash From Operations, 3 Yr. CAGR %	14.42	-6.14	1.42	18.58	17.54
Capital Expenditures, 3 Yr. CAGR %	-14.76	-11.56	23.97	24.8	38.23
Levered Free Cash Flow, 3 Yr. CAGR %	45.6	8.48	1.58	131.41	2.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	38.62	8.42	1.56	127.36	2.72
Dividend Per Share, 3 Yr. CAGR %	-3.85	-	5.73	23.31	14.98
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.96	4.21	4.97	6.14	14.87
Gross Profit, 5 Yr. CAGR %	2.2	2.7	3.79	5.31	15.53
EBITDA, 5 Yr. CAGR %	-1.07	-0.19	-0.25	2.99	19.2
EBITA, 5 Yr. CAGR %	-1.9	-0.69	-0.62	3.41	22.8
EBIT, 5 Yr. CAGR %	-2.3	-1.85	-1.99	1.92	23.22
Earnings From Cont. Operations, 5 Yr. CAGR %	7.92	0.85	-3.76	1.25	26.06
Net Income, 5 Yr. CAGR %	7.92	0.85	-4.57	0.91	26.17
Normalized Net Income, 5 Yr. CAGR %	2.76	-0.39	-1.66	2.37	24.6
Diluted EPS Before Extra, 5 Yr. CAGR %	7.88	0.82	-4.52	1.09	26.43
Accounts Receivable, 5 Yr. CAGR %	2.07	-0.15	-4.58	0.83	10.21
Inventory, 5 Yr. CAGR %	8.5	8.48	2.95	7.61	6.27
Net Property, Plant and Equip., 5 Yr. CAGR %	1.11	3.37	3.77	1.53	5.52
Total Assets, 5 Yr. CAGR %	10.77	9.08	6.54	7.2	4.09
Tangible Book Value, 5 Yr. CAGR %	30.18	22.11	11.82	9.12	3.12
Common Equity, 5 Yr. CAGR %	28.94	21.09	11.28	8	2.96
Cash From Operations, 5 Yr. CAGR %	-0.98	5.23	11.41	2.74	12.22
Capital Expenditures, 5 Yr. CAGR %	-27.69	8.61	-0.63	0.23	33.72
Levered Free Cash Flow, 5 Yr. CAGR %	-21.48	17.72	93.1	5.86	9.17
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.27	17.41	85.58	5.84	9.15
Dividend Per Share, 5 Yr. CAGR %	19.74	22.67	7.63	-	11.55