Ebix logo
Ebix EBIX
report update icon

Quarterly report 2023-Q3
added 05-16-2026

Ebix Financial Ratios 2022-2008 | EBIX

Brief overview of Ebix's financial ratios

This overview follows the five latest available observations from 2018 through 2022.

The current valuation set is P/E 6.84x (median 12.44x), EV/EBITDA 8.71x (median 12.71x), P/S 0.42x (median 1.72x). The combined multiple level is about 57.4% below the company's historical norm, suggesting more cautious expectations.

The inverse P/E implies an earnings yield of 14.6%. This is not a dividend yield, but current earnings relative to market price.

The latest available business-quality ratios are ROE 10.5%, ROA 4.2%, ROCE 19.5%. Profitability remains positive and sufficient for normal operations without indicating exceptional efficiency.

On PEG (0.15x), valuation is restrained relative to growth, but one ratio cannot replace cash-flow and risk analysis.

The time from paying for inputs to receiving cash fell from 188.6 days to 16.1 days. Cash turnover improved.

Overall picture

Ebix's multiples are below five-year reference levels despite strong quality metrics, providing valuation cushion but not eliminating hidden risks.

Annual Financial Ratios Ebix

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

P/E

6.8 13.7 12.4 10.3 153.0 91.3 72.9 49.7 36.8 33.9 29.4 44.2 - - -

P/S

0.4 0.9 1.8 1.7 9.5 23.2 22.4 4.1 2.8 2.5 2.8 4.5 - - -

EPS

2.1 2.2 3.0 3.2 0.3 0.8 0.8 0.7 0.5 0.4 0.5 0.5 0.5 1.2 -

EV (Enterprise Value)

1.21 B 1.71 B 1.95 B 1.92 B 2.23 B 2.94 B 2.05 B 1.3 B 758 M 587 M 665 M 837 M 48.6 M -19.2 M -9.48 M

EBITDA per Share

4.51 4.38 4.57 5.58 1.68 1.4 1.18 1.05 0.81 0.74 0.8 0.64 0.57 1.38 -

EV/EBITDA

8.7 12.7 14.0 11.3 42.2 66.6 53.3 35.7 24.7 21.0 22.6 34.8 2.5 -0.4 -

PEG

0.15 0.27 0.23 0.17 8.49 7.29 5.29 3.61 -9.45 -0.51 8.05 1.11 - - -

P/B

0.7 1.3 1.7 1.7 2.4 4.5 4.1 2.7 1.4 1.2 1.5 2.4 - - -

P/CF

5.7 13.4 11.5 16.4 15.6 31.6 20.7 22.4 10.4 9.0 7.6 10.8 - - -

ROE %

10.47 10.41 15.07 17.58 1.78 5.41 5.77 5.36 3.83 3.69 5.18 5.48 6.89 22.74 -

ROA %

4.20 4.33 5.88 6.08 0.53 2.39 3.06 3.24 2.61 2.79 3.63 4.21 5.26 - -

ROCE %

19.50 18.16 20.52 11.91 3.38 3.58 3.94 4.13 3.73 3.65 4.40 4.58 5.91 22.99 -

Current Ratio

1.8 1.8 1.7 1.6 1.5 1.9 2.2 2.5 3.1 4.3 3.5 4.3 4.2 - -

DSO

53.6 54.4 86.5 94.7 355.5 314.8 250.5 60.7 68.3 68.1 62.6 61.7 - - -

DPO

37.5 32.9 70.0 142.2 166.9 120.8 48.0 29.2 91.5 40.7 53.7 15.9 - - -

Operating Cycle

53.5 54.4 86.5 94.7 355.5 314.8 250.5 60.7 68.3 68.1 62.6 61.7 - - -

Cash Conversion Cycle

16.1 21.5 16.5 -47.5 188.6 194.0 202.5 31.4 -23.2 27.4 9.0 45.9 - - -

All numbers in USD currency

Quarterly Financial Ratios Ebix

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

-0.33 0.01 0.23 - 0.59 0.63 0.62 - 0.5 0.51 0.71 0.64 0.81 0.77 0.81 0.71 0.67 0.95 0.84 0.27 0.93 0.93 0.83 0.84 0.77 0.74 0.83 0.76 0.74 0.7 0.67 0.65 0.59 0.54 0.51 0.45 0.47 0.35 0.4 0.4 0.35 0.36 0.47 0.5 0.49 0.49 0.43 0.48 0.44 0.57 0.4

EBITDA per Share

0.86 1.1 1.15 - 1.13 1.14 1.12 - 1.04 1.02 1.14 0.91 1.16 1.15 1.25 1.12 0.97 1.46 1.91 1.36 1.33 1.3 1.17 1.05 0.97 0.93 0.9 0.86 0.83 0.8 0.83 0.77 0.72 0.66 0.65 0.58 0.64 0.52 0.57 0.47 0.56 0.59 0.59 0.55 0.62 0.54 0.56 0.46 528 526 0.46

ROE %

2.44 7.16 10.01 8.89 11.28 10.80 11.19 8.29 11.25 13.09 14.96 16.26 17.25 16.85 17.89 18.26 16.11 18.16 18.62 18.78 22.41 21.76 21.27 22.29 22.65 23.02 23.25 22.28 21.87 21.31 20.19 19.26 17.73 16.80 15.43 14.67 14.54 13.69 14.11 15.10 16.58 18.42 20.21 20.28 20.59 20.88 22.26 22.38 5.42 6.68 4.80

ROA %

1.03 2.94 4.15 3.69 4.69 4.49 4.62 3.39 4.63 5.23 5.76 6.03 6.14 5.83 6.06 6.04 5.21 5.98 6.35 6.98 8.84 9.15 9.54 10.52 11.20 12.01 12.72 12.65 12.83 12.79 12.50 12.31 11.67 11.74 11.25 11.05 11.24 10.51 10.57 11.05 11.88 12.92 14.09 14.47 15.06 15.90 17.78 17.81 4.34 5.57 3.69

ROCE %

17.68 19.05 19.01 14.19 18.55 17.92 18.15 13.60 17.80 18.92 20.52 22.14 24.16 23.55 25.37 29.54 32.00 35.04 35.01 31.07 29.12 27.27 25.66 24.96 24.71 24.32 23.97 23.81 23.64 23.46 22.53 21.49 20.05 19.54 18.73 18.40 17.83 17.49 18.53 19.10 20.38 21.61 21.79 22.13 21.77 21.78 22.15 21.63 5.88 5.57 4.95

Current Ratio

1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.6 1.7 1.9 1.9 2.0 2.1 2.1 2.2 2.4 2.4 2.5 2.5 2.6 3.0 3.1 3.1 4.4 5.1 4.5 4.3 4.2 3.6 3.6 3.5 3.2 3.3 4.6 4.3 5.0 6.0 4.3

DSO

122.2 124.8 59.2 - 56.1 56.9 48.7 - 68.8 53.5 45.5 56.5 77.4 108.9 95.8 99.5 105.6 106.7 98.9 100.7 106.9 97.3 99.2 96.2 91.5 79.2 75.6 70.4 69.5 68.7 66.6 61.3 64.5 64.9 61.5 59.8 70.7 73.2 72.1 71.3 71.5 69.8 66.7 62.9 59.6 59.7 63.0 64.6 68.6 69.0 -

DPO

- - - - - - 15.3 - - - 11.7 - - - 59.5 - - - 84.4 - - - 79.6 - - - - - - - - - - - - - - - - - - - - - - - 14.8 - - - -

Operating Cycle

122.2 124.8 59.2 - 56.1 56.9 48.7 - 68.8 53.5 45.5 58.7 84.5 117.1 98.1 95.9 95.2 97.1 96.2 107.8 123.7 127.7 123.2 102.7 115.9 123.0 104.1 71.5 76.7 78.8 70.5 61.3 64.4 66.5 63.2 61.9 73.8 72.9 71.2 70.1 70.9 69.9 66.3 63.0 63.3 71.3 71.2 64.5 66.7 67.2 -

Cash Conversion Cycle

122.2 124.8 59.2 - 56.1 56.9 33.4 - 68.8 53.5 33.8 58.7 84.5 117.1 38.6 95.9 95.2 97.1 11.8 107.8 123.7 127.7 43.5 102.7 115.9 123.0 104.1 71.5 76.7 78.8 70.5 61.3 64.4 66.5 63.2 61.9 73.8 72.9 71.2 70.1 70.9 69.9 66.3 63.0 63.3 71.3 56.5 64.5 66.7 67.2 -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Ebix, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
Micro Focus International plc Micro Focus International plc
MFGP
- - $ 1.81 B britainBritain
Mogo Mogo
MOGO
- - $ 111 M canadaCanada
FireEye, Inc. FireEye, Inc.
FEYE
- -3.41 % $ 4.13 B usaUSA
Magic Software Enterprises Ltd. Magic Software Enterprises Ltd.
MGIC
- - $ 853 M israelIsrael
Powerbridge Technologies Co., Ltd. Powerbridge Technologies Co., Ltd.
PBTS
- 2.4 % $ 115 M chinaChina
Evolving Systems Evolving Systems
EVOL
- -8.47 % $ 13.9 M usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
- 0.02 % $ 668 M usaUSA
Everbridge Everbridge
EVBG
- - $ 1.42 B usaUSA
Ceridian HCM Holding Ceridian HCM Holding
CDAY
- - $ 10.6 B usaUSA
China Index Holdings Limited China Index Holdings Limited
CIH
- - $ 85.7 M chinaChina
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
- - $ 2.43 B curacaoCuracao
E2open Parent Holdings E2open Parent Holdings
ETWO
- - $ 1.02 B usaUSA
NICE Ltd. NICE Ltd.
NICE
$ 98.79 -0.09 % $ 6.16 B israelIsrael
Appian Corporation Appian Corporation
APPN
$ 26.96 1.81 % $ 2 B usaUSA
Net Element, Inc. Net Element, Inc.
NETE
- 8.63 % $ 83.8 M usaUSA
ANSYS ANSYS
ANSS
- - $ 32.7 B usaUSA
Oracle Oracle
ORCL
$ 129.87 1.81 % $ 371 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
- - $ 3.47 M usaUSA
Avalara Avalara
AVLR
- - $ 8.28 B usaUSA
Altair Engineering Altair Engineering
ALTR
- - $ 9.4 B usaUSA
ePlus ePlus
PLUS
$ 92.41 1.56 % $ 2.42 B usaUSA
Alteryx Alteryx
AYX
- - $ 3.42 B usaUSA
Aspen Technology Aspen Technology
AZPN
- - $ 16.8 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
- - $ 10.1 B usaUSA
American Software American Software
AMSWA
- -2.14 % $ 369 M usaUSA
Brightcove Brightcove
BCOV
- - $ 192 K usaUSA
AppFolio AppFolio
APPF
$ 180.19 2.37 % $ 6.49 B usaUSA
Black Knight Black Knight
BKI
- -0.02 % $ 11.7 B usaUSA
Zix Corporation Zix Corporation
ZIXI
- 0.12 % $ 482 M usaUSA
Benefitfocus Benefitfocus
BNFT
- - $ 362 M usaUSA
ACI Worldwide ACI Worldwide
ACIW
$ 57.33 -0.62 % $ 5.96 B usaUSA
Borqs Technologies Borqs Technologies
BRQS
- -23.51 % $ 9.87 M chinaChina
CDK Global CDK Global
CDK
- 0.06 % $ 6.34 B usaUSA
Bill.com Holdings Bill.com Holdings
BILL
$ 45.13 -0.51 % $ 4.67 B usaUSA
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
- - $ 18.1 B israelIsrael
SAP SE SAP SE
SAP
$ 183.62 1.43 % $ 214 B germanyGermany
Coupa Software Incorporated Coupa Software Incorporated
COUP
- - $ 6.12 B usaUSA
GreenSky GreenSky
GSKY
- 1.59 % $ 1.88 B usaUSA
Bottomline Technologies (de), Inc. Bottomline Technologies (de), Inc.
EPAY
- - $ 2.56 B usaUSA
CrowdStrike Holdings CrowdStrike Holdings
CRWD
$ 190.86 3.05 % $ 47.8 B usaUSA
SOS Limited SOS Limited
SOS
$ 0.92 -3.97 % $ 14.9 M chinaChina
Citrix Systems Citrix Systems
CTXS
- - $ 13.2 B usaUSA
Sprout Social Sprout Social
SPT
$ 8.58 1.3 % $ 516 M usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
- 0.06 % $ 4.74 B canadaCanada
Absolute Software Corporation Absolute Software Corporation
ABST
- - $ 811 M canadaCanada
CYREN Ltd. CYREN Ltd.
CYRN
- -18.15 % $ 1.77 M usaUSA
SS&C Technologies Holdings SS&C Technologies Holdings
SSNC
$ 77.05 -0.16 % $ 18.8 B usaUSA
CounterPath Corporation CounterPath Corporation
CPAH
- 0.87 % $ 22.5 M canadaCanada
Cornerstone OnDemand, Inc. Cornerstone OnDemand, Inc.
CSOD
- - $ 3.84 B usaUSA