Overall Score

Profitability Returns

ROIC is 19.0% and ROE is 32.5%, indicating solid returns on capital and equity.

Operating margin is 12.8% and net margin is 10.2%, showing healthy profitability.

Gross margin is 40.5%, supporting a reasonable buffer above operating costs.

Balance Sheet Cash Generation

Current ratio is 2.25 and quick ratio is 1.25, indicating comfortable short-term liquidity.

Net debt to EBITDA is 0.42x and interest coverage is 16.2x, suggesting low leverage and strong debt service capacity.

Free cash flow yield is 5.3% and income quality is 0.82, pointing to solid cash conversion.

Competitive Positioning

Revenue growth is not provided, so moat durability is inferred mainly from returns and margins.

The company’s 19.0% ROIC and 40.5% gross margin suggest some pricing power and operational efficiency.

Price-to-sales of 1.94x and EV/sales of 2.01x imply the market is not pricing in a wide moat.

Capital Allocation Shareholder Returns

Dividend yield is 3.8% with a payout ratio of 71.7%, indicating a meaningful return of capital to shareholders.

Capex is modest at 1.2% of revenue, leaving room for cash generation and distributions.

Book value per share is 8.74 and tangible book value per share is 8.55, providing a tangible asset base.