Enerpac Tool Group Corp. (EPAC) · 10+ Years of Financial Ratios

Profitability	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Return on Common Equity (%)	1.44	2.47	10.76	7.7	2.52	12.73	1.45	-7.91	-5.33	-1.81	-23.56	0.08	4	1.72	4.63
Return on Assets (%)	0.85	1.51	6.07	4.3	1.46	8.23	1.14	-6.83	-4.47	-1.44	-19.13	0.07	4.63	2.13	6.12
Return on Capital (%)	- -	-0.08	9.22	6.82	3.19	10.59	2.25	- -	- -	- -	-15.25	1.11	3.68	1.75	4.63
Return on Invested Capital (%)	- -	9.3	11.55	11.55	11.24	10.14	7.98	- -	- -	- -	3.45	2.9	9.06	6.09	12.73
Gross Margin (%)	33.45	36.82	38.46	38.46	39.61	39.07	36.97	35.1	34.65	35.11	44.7	44.03	45.99	46.46	49.32
EBITDA Margin (%)	14.17	16.31	17.06	17.86	19.07	17.88	15.3	13.38	11.4	12.17	14.47	9.95	15.38	10.65	16.91
Operating Margin (%)	9.61	11.84	13.39	14.48	14.86	13.55	11.04	9.22	7.46	8.73	11.38	5.75	11.29	7.21	14.19
Incremental Operating Margin (%)	24.2	-22.92	19.73	24.27	12.98	-0.44	34.33	32	45.13	24.76	5.45	28.58	88.63	-43.45	161.8
Pretax Margin (%)	1.89	7.69	11.02	7.49	12.73	12.43	2.03	-11.34	-7.55	-1.07	2.86	1.59	8.32	4.47	11.52
Profit Margin (%)	1.11	2.07	7.72	5.44	2.35	11.68	1.59	-9.15	-6.04	-1.83	-38.05	0.15	7.2	2.94	7.78
Net Income to Common Margin (%)	1.11	2.07	7.72	5.44	2.35	11.68	1.59	-9.15	-6.04	-1.83	-38.05	0.15	7.2	2.94	7.78
Effective Tax Rate (%)	- -	21.13	21.8	27.45	9.43	18.72	21.74	- -	- -	- -	56.92	29.2	8.56	18.81	22.13
Dvd Payout Ratio (%)	9.43	3.84	2.18	3.15	1.97	2.06	13.07	-2.26	-3.56	-11.04	30.23	43.53	5.95	11.62	4.24
Sustainable Growth Rate (%)	1.3	2.38	10.53	7.46	2.47	12.47	1.26	-8.09	-5.52	-2.01	-16.44	0.04	3.76	1.52	4.43

Credit	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Debt	405	367	525	398	515	390	588	584	562	533	460	255	175	204	214
ST Debt	5	- -	3	8	- -	4	4	19	30	30	8	- -	- -	4	4
LT Debt	400	367	523	390	515	386	584	566	532	503	453	255	175	200	210
Total Debt/EBITDA	2.31	1.94	2.13	1.39	2.11	1.56	3.08	3.8	4.5	3.7	4.86	5.2	2.15	3.35	2.12
Net Debt/EBITDA	2.24	1.73	1.95	1.15	1.68	1.12	2.19	2.63	2.66	1.96	2.63	2.1	0.43	1.37	0.59
Total Debt/EBIT	3.4	2.67	2.71	1.71	2.71	2.06	4.27	5.51	6.87	5.16	6.18	8.99	2.93	4.95	2.52
Net Debt/EBIT	3.3	2.38	2.49	1.42	2.16	1.48	3.04	3.82	4.07	2.73	3.35	3.63	0.58	2.02	0.7
EBITDA to Interest Expense	4.2	-5.94	7.68	9.7	9.83	9.99	6.81	5.34	4.2	4.57	3.36	2.55	15.44	13.86	8.17
EBITDA-CapEx/Interest Expense	3.69	-5.31	6.96	8.93	8.87	8.32	6.01	4.64	3.62	4.22	2.83	1.93	13.16	11.95	7.41
EBIT to Interest Expense	2.85	-4.31	6.03	7.86	7.66	7.57	4.92	3.68	2.75	3.28	2.65	1.48	11.34	9.4	6.85
Interest Expense	42	-32	32	30	25	25	28	29	30	31	28	19	5	4	12
Common Equity/Total Assets	61.25	60.55	53.04	58.62	56.81	73.53	84.49	88.42	79.57	79.92	82.88	113.33	118.25	129.91	134.78
Long-Term Debt/Equity (%)	53.54	49.66	56.88	37.08	47.67	38.48	86.82	108.56	106.27	89.97	150.39	70.99	42.46	62.55	64.4
Long-Term Debt/Capital (%)	29.3	27.23	32.34	24.78	29.96	21.96	29.64	30.41	30.07	29.3	32.53	21.44	15.28	16.83	16.94
Long-Term Debt/Total Assets (%)	25.51	22.65	25.42	19.43	24.3	20.76	35.7	39.21	35.07	33.95	40.29	30.94	21.34	26.39	27.58
Total Debt/Equity (%)	54.2	49.66	57.17	37.79	47.67	38.93	87.41	112.16	112.27	95.34	152.88	70.99	42.46	63.8	65.55
Total Debt/Capital (%)	29.66	27.23	32.51	25.25	29.96	22.22	29.84	31.42	31.77	31.04	33.07	21.44	15.28	17.16	17.24
Total Debt/Total Assets (%)	25.83	22.65	25.55	19.8	24.3	21	35.94	40.51	37.04	35.98	40.95	30.94	21.34	26.92	28.07
Net Debt to Equity	52.68	44.23	52.36	31.31	38.05	28.05	62.32	77.69	66.4	50.51	82.77	28.63	8.41	26.05	18.27
Net Debt/Capital (%)	29.07	24.99	30.61	21.87	25.45	17.07	23.27	24.09	21.59	19.26	21.11	9.92	3.45	7.8	5.49
EBITDA	176	189	247	287	244	250	191	154	125	144	95	49	81	61	101
EBITDA-CapEx	154	169	223	264	220	208	169	134	108	133	80	37	69	52	92
Operating Income (Loss)	119	137	194	232	190	190	138	106	82	103	74	28	60	41	85

Liquidity	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Cash Ratio	0.05	0.12	0.13	0.21	0.32	0.36	0.72	0.74	0.61	0.76	0.7	1.44	1.04	0.79	1.04
Current Ratio	1.55	1.33	1.65	1.76	2.44	1.82	2.38	2.24	1.68	2	2.43	3.23	2.65	2.25	2.4
Quick Ratio	0.71	0.65	0.81	0.95	1	1.12	1.54	1.51	1.11	1.32	1.12	2.24	1.81	1.49	1.7
CFO/Avg Current Liab	0.54	0.42	0.51	0.56	0.6	0.4	0.48	0.49	0.28	0.3	0.17	-0.02	0.45	0.36	0.52
Common Equity/Total Assets	61.25	60.55	53.04	58.62	56.81	73.53	84.49	88.42	79.57	79.92	82.88	113.33	118.25	129.91	134.78
Long-Term Debt/Equity (%)	53.54	49.66	56.88	37.08	47.67	38.48	86.82	108.56	106.27	89.97	150.39	70.99	42.46	62.55	64.4
Long-Term Debt/Capital (%)	29.3	27.23	32.34	24.78	29.96	21.96	29.64	30.41	30.07	29.3	32.53	21.44	15.28	16.83	16.94
Long-Term Debt/Total Assets (%)	25.51	22.65	25.42	19.43	24.3	20.76	35.7	39.21	35.07	33.95	40.29	30.94	21.34	26.39	27.58
Total Debt/Equity (%)	54.2	49.66	57.17	37.79	47.67	38.93	87.41	112.16	112.27	95.34	152.88	70.99	42.46	63.8	65.55
Total Debt/Capital (%)	29.66	27.23	32.51	25.25	29.96	22.22	29.84	31.42	31.77	31.04	33.07	21.44	15.28	17.16	17.24
Total Debt/Total Assets (%)	25.83	22.65	25.55	19.8	24.3	21	35.94	40.51	37.04	35.98	40.95	30.94	21.34	26.92	28.07
CFO/Total Liabilities	17.87	13.73	15.08	19.09	18.65	14.64	13.38	12.77	8.64	11.51	6.54	-0.68	13.28	11.81	17.8
CFO/CapEx	6.84	6.06	7.43	8.02	8.19	2.99	5.73	5.82	5.1	9.63	3.61	-0.26	4.51	6.15	8.26
Altman's Z-Score	6.84	6.27	6.32	7.46	5.63	7.18	6.33	6.23	5.2	5.67	4.31	6.12	6.99	6.54	7.59

Working Capital	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Accounts Receivable Turnover	6.49	6.8	7.06	7	5.64	6.28	5.95	6.05	5.81	6.26	4.18	4.7	5.64	5.44	5.85
Days Sales Outstanding	56.24	53.66	51.7	52.13	64.72	58.16	61.37	60.32	62.79	58.33	87.42	77.71	64.69	67.09	62.36
Inventory Turnover	4.39	4.78	4.82	4.54	4.36	5.59	5.16	5.46	5.22	5.12	3.1	3.77	3.95	3.85	3.83
Days Inventory Outstanding	83.17	76.36	75.79	80.34	83.66	65.29	70.78	66.91	69.94	71.35	117.7	96.74	92.38	94.89	95.38
Accounts Payable Turnover	5.6	6.03	6.44	5.66	4.28	5.82	5.82	6.3	5.87	5.9	2.72	4.4	5.45	4.67	4.78
Accounts Payable Turnover Days	65.19	60.53	56.67	64.45	85.28	62.68	62.75	57.97	62.2	61.82	134	83.04	66.97	78.12	76.29
Cash Conversion Cycle	74.22	69.49	70.82	68.01	63.1	60.77	69.4	69.26	70.53	67.86	71.12	91.41	90.11	83.85	81.44
Inventory to Cash Days	-26.93	-22.7	-24.09	-28.21	-18.94	-7.14	-9.41	-6.59	-7.14	-13.03	-30.29	-19.03	-27.69	-27.8	-33.02
Inventories	161	146	223	212	143	163	143	131	144	156	77	69	75	84	75
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	161	146	223	212	143	163	143	131	144	156	77	69	75	84	75

Enterprise Value	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Market Capitalization	947	1,335	1,388	2,048	2,654	2,232	1,229	1,431	1,422	1,781	1,349	1,269	1,510	1,127	1,488
- Cash & Cash Equivalents	11	40	44	68	104	109	169	180	230	250	211	152	140	121	154
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	405	367	525	398	515	390	588	584	562	533	460	255	175	204	214
Enterprise Value	1,340	1,662	1,869	2,377	3,065	2,513	1,648	1,836	1,755	2,063	1,598	1,372	1,544	1,210	1,548
Total Capital	1,366	1,349	1,616	1,574	1,719	1,755	1,971	1,860	1,769	1,716	1,392	1,189	1,145	1,189	1,242
Total Debt/Capital (%)	29.66	27.23	32.51	25.25	29.96	22.22	29.84	31.42	31.77	31.04	33.07	21.44	15.28	17.16	17.24
Total Debt / EV	0.3	0.22	0.28	0.17	0.17	0.16	0.36	0.32	0.32	0.26	0.29	0.19	0.11	0.17	0.14
EV/Sales	1.08	1.43	1.29	1.48	2.4	1.8	1.32	1.6	1.6	1.74	2.44	2.78	2.92	2.12	2.59
EV/EBITDA	7.63	8.78	7.58	8.29	12.56	10.04	8.62	11.94	14.05	14.33	16.87	27.96	18.99	19.9	15.3
EV/EBIT	11.25	12.1	9.65	10.23	16.12	13.26	11.95	17.33	21.46	19.98	21.45	48.39	25.87	29.36	18.24
EV/Cash Flow to Firm	7.08	17.32	9.5	11.67	14.17	17.26	10.92	13.03	15.72	12.9	24.22	131.35	26.18	21.88	17.74
EV/Free Cash Flow to Firm	6.36	14.33	8.5	10.5	12.77	13.41	9.5	11.4	13.62	12.07	19.76	60.99	21.75	18.99	16.01
Diluted Market Cap	924	1,455	1,522	2,107	2,711	2,441	1,288	1,433	1,415	1,782	1,374	1,280	1,514	1,187	1,546
Diluted Enterprise Value	1,317	1,782	2,003	2,436	3,122	2,722	1,707	1,837	1,747	2,064	1,624	1,382	1,549	1,271	1,605
EV per Share	19.79	24.42	27.22	32.63	41.98	37.92	27.83	31.14	29.36	33.83	26.43	22.95	25.65	21.29	28.15
TTM Sales	1,240	1,161	1,445	1,605	1,280	1,400	1,249	1,149	1,096	1,183	655	493	529	571	598
TTM EBITDA	176	189	247	287	244	250	191	154	125	144	95	49	81	61	101
TTM Operating Income	119	137	194	232	190	190	138	106	82	103	74	28	60	41	85
TTM Cash Flow to Firm	189	96	197	204	216	146	151	141	112	160	66	10	59	55	87
TTM Free Cash Flow to Firm	211	116	220	227	240	187	173	161	129	171	81	23	71	64	97

Multiples	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Price/Earnings	59.13	55.18	12.36	22.57	88.28	14.61	63.97	- -	- -	- -	- -	1,760.42	39.52	70.16	32.94
Price/Earnings Average	64.62	52.34	15.41	20.16	75.22	15.41	80.46	-13.16	-22.66	-71.45	-5.94	1,751.76	37.55	72.41	30.33
Price/Earnings High	130.49	65.14	18.18	23.72	88.72	17.05	103.27	-15.2	-25.58	-82.03	-7.4	2,234.73	44.6	86.62	34.16
Price/Earnings Low	32.15	39.06	10.91	14.57	62.44	13.87	60.92	-9.86	-19.39	-61.56	-4.75	1,173.33	28.11	58.97	19.85
Price/Book Value	0.99	1.36	1.27	1.74	2.2	1.64	0.89	1.12	1.18	1.5	1.45	1.36	1.56	1.14	1.45
Price/Book Value Average	1.08	1.29	1.58	1.55	1.88	1.73	1.12	1.08	1.25	1.32	1.57	1.35	1.48	1.18	1.33
Price/Book Value High	2.17	1.6	1.87	1.83	2.22	1.91	1.43	1.25	1.41	1.51	1.96	1.72	1.76	1.41	1.5
Price/Book Value Low	0.54	0.96	1.12	1.12	1.56	1.55	0.85	0.81	1.07	1.14	1.26	0.91	1.11	0.96	0.87
Price/Tangible Book Value	-3.01	-4.42	-3.09	-7.86	-84.59	-21.01	-5.03	-6.02	-5.69	-13.22	-116.18	80.91	18.86	55.52	65.3
Price/Tangible Book Value Average	-3.29	-4.19	-3.85	-7.02	-72.07	-22.17	-6.33	-5.81	-6.03	-11.58	-126.08	80.51	17.92	57.31	60.13
Price/Tangible Book Value High	-6.64	-5.21	-4.55	-8.26	-85.01	-24.53	-8.13	-6.72	-6.81	-13.3	-156.9	102.71	21.28	68.55	67.71
Price/Tangible Book Value Low	-1.64	-3.13	-2.73	-5.07	-59.83	-19.95	-4.79	-4.36	-5.16	-9.98	-100.82	53.93	13.41	46.67	39.36
Price/Sales	0.65	1.14	0.95	1.23	2.07	1.71	1.02	1.25	1.29	1.49	2.08	2.58	2.85	2.07	2.56
Price/Sales Average	0.72	1.08	1.19	1.1	1.77	1.8	1.28	1.2	1.37	1.31	2.26	2.57	2.7	2.13	2.36
Price/Sales High	1.44	1.35	1.4	1.29	2.08	1.99	1.64	1.39	1.55	1.5	2.81	3.28	3.21	2.55	2.66
Price/Sales Low	0.36	0.81	0.84	0.79	1.47	1.62	0.97	0.9	1.17	1.13	1.81	1.72	2.02	1.74	1.55
Price/Cash Flow	5.53	10.95	8.04	10.81	13.69	19.08	9.86	12.17	16.1	16.64	25.34	-402.91	27.77	22.81	19.76
Price/Cash Flow Average	6.04	10.39	10.02	9.65	11.66	20.13	12.4	11.76	17.08	14.58	27.5	-400.92	26.39	23.54	18.2
Price/Cash Flow High	12.21	12.93	11.82	11.36	13.76	22.27	15.91	13.58	19.28	16.74	34.22	-511.46	31.34	28.16	20.49
Price/Cash Flow Low	3.01	7.75	7.09	6.97	9.68	18.12	9.39	8.81	14.61	12.56	21.99	-268.54	19.75	19.17	11.91
Price/Free Cash Flow	5.49	10.32	7.82	10.27	12.47	14.61	8.5	10.39	13.46	15.22	19.99	143.86	22.87	19.74	17.76
Price/Free Cash Flow Average	6	9.79	9.74	9.17	10.62	15.42	10.69	10.04	14.28	13.34	21.69	143.15	21.73	20.37	16.36
Price/Free Cash Flow High	12.12	12.18	11.5	10.8	12.53	17.06	13.72	11.59	16.12	15.31	26.99	182.62	25.81	24.37	18.42
Price/Free Cash Flow Low	2.99	7.3	6.9	6.63	8.82	13.87	8.09	7.52	12.22	11.49	17.34	95.89	16.27	16.59	10.71
EV/Sales	1.08	1.43	1.29	1.48	2.4	1.8	1.32	1.6	1.6	1.74	2.44	2.78	2.92	2.12	2.59
EV/Sales Average	1.15	1.37	1.53	1.34	2.09	1.88	1.57	1.56	1.68	1.56	2.62	2.77	2.78	2.18	2.39
EV/Sales High	2	1.64	1.74	1.55	2.41	2.06	1.92	1.74	1.86	1.75	3.16	3.48	3.29	2.58	2.68
EV/Sales Low	0.73	1.1	1.18	1.03	1.79	1.72	1.27	1.25	1.48	1.38	2.17	1.92	2.1	1.8	1.6
EV/EBITDA	7.63	8.78	7.58	8.29	12.56	10.04	8.62	11.94	14.05	14.33	16.87	27.96	18.99	19.9	15.3
EV/EBITDA Average	8.13	8.42	8.96	7.53	10.95	10.54	10.28	11.63	14.74	12.8	18.09	27.83	18.07	20.49	14.13
EV/EBITDA High	14.13	10.05	10.23	8.66	12.61	11.54	12.57	13.02	16.3	14.41	21.87	34.93	21.38	24.24	15.84
EV/EBITDA Low	5.17	6.72	6.92	5.76	9.38	9.59	8.31	9.37	13	11.3	14.99	19.34	13.63	16.94	9.45
EV/EBIT	11.25	12.1	9.65	10.23	16.12	13.26	11.95	17.33	21.46	19.98	21.45	48.39	25.87	29.36	18.24
EV/EBIT Average	11.98	11.6	11.42	9.29	14.06	13.91	14.25	16.87	22.52	17.85	23	48.17	24.61	30.24	16.85
EV/EBIT High	20.83	13.85	13.03	10.68	16.19	15.23	17.42	18.89	24.9	20.09	27.8	60.45	29.12	35.77	18.88
EV/EBIT Low	7.62	9.26	8.81	7.1	12.03	12.66	11.52	13.6	19.85	15.76	19.06	33.46	18.57	25	11.27
Last Price	13.98	19.61	20.21	28.11	36.35	33.68	20.75	24.28	23.8	29.2	22.31	21.23	25.07	19.82	27.06
High Price	30.85	23.15	29.72	29.54	36.53	39.32	33.5	27.09	28.5	29.38	30.13	26.95	28.29	24.47	28.06
Low Price	7.6	13.88	17.83	18.14	25.71	31.98	19.76	17.57	21.6	22.05	19.36	14.15	17.83	16.66	16.31
Enterprise Value	1,340	1,662	1,869	2,377	3,065	2,513	1,648	1,836	1,755	2,063	1,598	1,372	1,544	1,210	1,548
Enterprise Value Average	1,428	1,593	2,210	2,158	2,672	2,637	1,965	1,787	1,841	1,843	1,713	1,366	1,469	1,246	1,430
Enterprise Value High	2,483	1,903	2,522	2,482	3,078	2,887	2,403	2,002	2,036	2,074	2,071	1,714	1,738	1,474	1,603
Enterprise Value Low	908	1,272	1,705	1,651	2,288	2,401	1,589	1,441	1,623	1,627	1,420	949	1,108	1,030	957

Per Share Data Items	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Shares Outstanding	68	68	69	73	73	66	59	59	60	61	60	60	60	57	55
Diluted Weighted Avg Shares	66	74	75	75	75	72	62	59	59	61	62	60	60	60	57
Basic Weighted Avg Shares	58	68	68	70	73	71	61	59	59	60	61	60	60	60	57
Revenue per Share	21.36	17.16	21.18	22.9	17.54	19.73	20.39	19.48	18.44	19.57	10.71	8.23	8.81	9.59	10.55
EBITDA per Share	3.03	2.8	3.61	4.09	3.34	3.53	3.12	2.61	2.1	2.38	1.55	0.82	1.35	1.02	1.79
Operating Income per Share	2.05	2.03	2.84	3.32	2.61	2.67	2.25	1.8	1.38	1.71	1.22	0.47	0.99	0.69	1.5
Basic EPS, GAAP	0.24	0.36	1.63	1.25	0.41	2.31	0.32	-1.78	-1.11	-0.36	-4.07	0.01	0.63	0.28	0.82
Basic EPS from Cont Ops	0.41	1.04	1.82	1.25	2.02	1.99	0.32	-1.78	-1.11	-0.36	0.13	0.09	0.67	0.35	0.95
Diluted EPS, GAAP	0.21	0.32	1.48	1.16	0.4	2.26	0.32	-1.78	-1.11	-0.35	-4.04	0.01	0.63	0.28	0.82
Diluted EPS from Cont Ops	0.36	0.95	1.65	1.16	1.98	1.95	0.32	-1.78	-1.11	-0.35	0.13	0.09	0.67	0.35	0.94
Dividend per Share	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Cash Flow per Share	2.53	1.79	2.51	2.6	2.66	1.77	2.11	1.99	1.48	1.76	0.88	-0.05	0.9	0.87	1.37
Free Cash Flow per Basic Share	2.16	1.5	2.18	2.28	2.33	1.18	1.74	1.65	1.19	1.57	0.64	-0.25	0.7	0.73	1.2
Cash & Equivalents per Share	0.17	0.59	0.64	0.94	1.42	1.64	2.85	3.05	3.84	4.11	3.49	2.54	2.33	2.12	2.81
Book Value per Share	14.19	14.43	15.89	16.15	16.49	20.6	23.36	21.64	20.2	19.4	15.41	15.62	16.11	17.32	18.69
Tangible Book Value per Share	-4.64	-4.44	-6.54	-3.57	-0.43	-1.6	-4.12	-4.03	-4.18	-2.21	-0.19	0.26	1.33	0.36	0.41

Enerpac Tool Group Corp.

EPAC US

37.89