Market cap
$2,941 Mln
Revenue (TTM)
$4,649 Mln
P/E Ratio
--
P/B Ratio
2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.01 | 2.35 | 2.42 | 7.26 | 6.41 |
| EBIT | -50.00 | 144.44 | 104.76 | -70.41 | -174.14 |
| Net Profit | -100.00 | 50.00 | -154.17 | -137.81 | -194.86 |
| EPS | -97.14 | 87.37 | 86.14 | -158.90 | -- |
| Book Value | -- | -- | -15.33 | -18.99 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-21 | Dec-20 |
| EBIT-Margin
| -8.13 | -3.52 | 0.04 | -0.48 | 0.48 |
| Net Margin
| -0.80 | -0.80 | -0.28 | -1.18 | -0.43 |
| Return on equity
| -26.34 | -13.19 | -0.86 | -3.54 | -1.36 |
| Return on Capital
| -18.10 | -8.30 | -- | -2.09 | -0.75 |
| Return on Assets
| -12.85 | -6.17 | -0.31 | -1.56 | -0.55 |
| Debt to Equity (x)
| -- | -- | 0.65 | 0.69 | 0.70 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
-2.09
|
-0.75
|
-51.45
|
7.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-0.86
Lower than Peers by 11.91
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
-0.86
|
-3.54
|
-1.36
|
-74.12
|
7.45
|
|
Peer Median
|
11.05
|
--
|
--
|
--
|
--
|
ROA
-0.31
Lower than Peers by 2.71
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
-0.31
|
-1.56
|
-0.55
|
-36.43
|
4.58
|
|
Peer Median
|
2.39
|
--
|
--
|
--
|
--
|
EBIT Margin
0.04
Lower than Peers by 2.96
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
0.04
|
-0.48
|
0.48
|
-24.40
|
3.65
|
|
Peer Median
|
3.01
|
--
|
--
|
--
|
--
|
Net Margin
-0.28
Lower than Peers by 2.26
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
-0.28
|
-1.18
|
-0.43
|
-25.63
|
2.67
|
|
Peer Median
|
1.98
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.42
Lower than Peers by 9.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
2.42
|
0.05
|
0.09
|
0.05
|
0.06
|
|
Peer Median
|
11.48
|
--
|
--
|
--
|
--
|
EBIT Growth
104.76
Higher than Peers by 109.13
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
104.76
|
-204.76
|
102.16
|
-803.46
|
22.71
|
|
Peer Median
|
-4.37
|
--
|
--
|
--
|
--
|
Net Profit Growth
-154.17
Lower than Peers by 151.35
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
-154.17
|
-184.21
|
98.14
|
-1,110.30
|
56.73
|
|
Peer Median
|
-2.81
|
--
|
--
|
--
|
--
|
EPS Growth
86.14
Higher than Peers by 88.02
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
86.14
|
-1.45
|
0.98
|
-7.80
|
--
|
|
Peer Median
|
-1.88
|
--
|
--
|
--
|
--
|
Book Value Growth
-1.95
Lower than Peers by 7.02
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
-1.95
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.08
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.65
Lower than Peers by 0.05
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
0.65
|
0.69
|
0.70
|
0.95
|
0.02
|
|
Peer Median
|
0.71
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.04
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
0.04
|
0.02
|
0.00
|
0.05
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.88
Higher than Peers by 0.43
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
1.88
|
1.94
|
2.07
|
1.62
|
1.90
|
|
Peer Median
|
1.45
|
--
|
--
|
--
|
--
|
Quick Ratio
1.08
Lower than Peers by 0.47
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
1.08
|
1.10
|
1.30
|
0.85
|
0.91
|
|
Peer Median
|
1.55
|
--
|
--
|
--
|
--
|
Interest Coverage
0.07
Lower than Peers by 4.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
0.07
|
-0.69
|
0.45
|
-17.32
|
--
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
14.11
Higher than Peers by 4.77
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
14.11
|
12.13
|
13.23
|
12.40
|
12.71
|
|
Peer Median
|
9.34
|
--
|
--
|
--
|
--
|
Asset Turnover
1.13
Lower than Peers by 0.26
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
1.13
|
1.32
|
1.27
|
1.42
|
1.72
|
|
Peer Median
|
1.39
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
45.07
|
44.91
|
44.69
|
47.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
54.68
|
60.14
|
67.92
|
64.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
41.62
|
47.71
|
54.41
|
48.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
58.14
|
57.34
|
58.20
|
64.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
-50.66
|
-178.49
|
-1.39
|
--
|
|
Peer Median
|
35.72
|
--
|
--
|
--
|
--
|
Price / Book Value
1.95
Lower than Peers by 0.41
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
1.95
|
1.81
|
2.21
|
1.12
|
--
|
|
Peer Median
|
2.36
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.94
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.71
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
19.71
|
20.22
|
19.76
|
-3.11
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,941
Lower than Peers by 1,631
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-21
|
Dec-20
|
Dec-19
|
Dec-18
|
|---|---|---|---|---|---|
|
Covetrus (CVET)
|
2,941
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4,572
|
--
|
--
|
--
|
--
|