The Competitors/Peer Comparison information can be found on page 3 of the vast majority of Glass Lewis Proxy Papers covering U.S.-traded public companies. Below, please find a short description of each of the elements included on the page and the source of the information.
Peer Selection
For reports on companies that include our pay-for-performance analysis, we generally display a subset of companies from the pay-for-performance sub-industry peer group. For reports on companies that do not include our pay-for-performance analysis, the companies shown on page 3 are selected based on GICS, market cap and revenue.
Date of Data
All of the market-based data on pages 2 and 3 of our report (stock chart, total return table, market cap, enterprise value, closing price, stock performance), are based on the “Closing Price” date which corresponds to our most recent data download from FactSet prior to publishing the report.
Ticker
Company trading symbol.
Closing Price
Stock price as of the close of market on the date specified.
Shares Outstanding
Number of the subject company’s common shares outstanding as of the latest SEC filing.
Market Capitalization
The total dollar market value of all of the subject company’s outstanding shares. Market capitalization is calculated by multiplying the company’s shares outstanding by the current market price of one share as of the “Closing Price” date.
Enterprise value
Enterprise value is calculated as market cap as of the “Closing Price” date plus debt, minority interest and preferred shares, minus total cash and cash equivalents as of the latest SEC filing.
Revenue (LTM)
Revenue for the last 12 months as of the latest SEC filing.
Growth Rates
Revenue and earnings per share (EPS) growth rates are calculated based on linear least square fitting methods based on five years of data points with an end date as of the latest SEC filing.
Profitability (Last Twelve Months)
- Return on equity – Net Income before extraordinary items divided by one-year average total equity as of the latest SEC filing.
- Return on assets – Net Income before extraordinary items divided by one-year average total assets as of the latest SEC filing.
- Dividend rate – Dividend yield, which is calculated as current indicated dividend per share divided by closing stock price as of the Data Download Date.
- Stock performance – Stock performance for the specified periods, 1 year, 3 year and 5 year, with the Data Download Date as the end date.
- Annualized one year total return (past three years) – Annualized three-year compounded total return with period ending on the “Closing Price” date.
Valuation Multiples (Last 12 Months)
- P/E ratio – Closing stock price as of the “Closing Price” date divided by basic earnings per share as of the latest SEC filing.
- TEV/revenue – Total enterprise value as of the “Closing Price” date divided by revenue as of the latest SEC filing.
- TEV/EBIT – Enterprise value as of the “Closing Price” date divided by earnings before interest and tax as of the latest SEC filing.
Margins Analysis (Last 12 Months)
- Gross Profit Margin – Gross profit divided by revenue as of the latest SEC filing.
- Operating income Margin – Operating income divided by revenue as of the latest SEC filing.
- Net income Margin – Net income before extraordinary items divided by revenue as of the latest SEC filing.
Liquidity/Risk
- Current ratio – Current assets divided by current liabilities as of the latest SEC filing.
- Debt-equity ratio – Total debt divided by total equity as of the latest SEC filing.
Auditor Data
Auditor data is as disclosed by the subject company and its peers in their most recent proxy filings. Based on each individual company’s fiscal year-end date, data for different years may appear for one or more companies listed.
Executive Compensation
Compensation amounts are as calculated by Glass Lewis based on information disclosed by the subject company and its peers in their most recent proxy filings. Based on each individual company’s fiscal year-end date, data for different years may appear for one or more companies listed.