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SCM Metrologia Y Laboratorios

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uuid00246oc

Namestring
SCM Metrologia Y Laboratorios
Legal namestring
SCM Metrología y Laboratorios S.A.
Company typeenum
Private
Founded yearint
2002
Descriptiontext

SCM Metrología y Laboratorios S.A. is a Costa Rica-headquartered calibration and metrology laboratory founded in 2002, operating under ECA accreditations for ISO/IEC 17025:2017 (calibration) and ISO/IEC 17020:2012 (inspection). The company delivers professional metrology services — calibration, inspection, sorting, consulting and training — alongside resale of measurement equipment and instruments (including OGP multisensor systems), covering roughly 19 measurement disciplines such as dimensional, temperature, pressure, mass, flow, humidity, electrical, and spectroscopy variables. With over 50 accreditations (the largest scope in Central America) and more than 550 enterprise clients concentrated in medical device and life sciences manufacturing, SCM's operations are anchored in Costa Rica's Coyol Free Trade Zone — a major medtech cluster — with a secondary facility in San Pedro Sula, Honduras.

Underlying technology is built around accredited measurement standards, traceability to international references, and proprietary workflow tools including a web-based equipment tracking system and virtual label/certificate platform for client instrument management. Revenue is generated primarily through B2B professional services contracts on a quotation basis, with a sales-led GTM motion targeting regulated enterprise clients. On April 9, 2026, SCM was acquired by Transcat, Inc. (NASDAQ: TRNS) for approximately $13 million in cash, becoming a wholly-owned subsidiary and Transcat's first operational presence in Latin America.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersAlajuela, Costa Rica
HQ citystring
Alajuela
HQ countrystring
Costa Rica
HQ regionstring
Latin America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
calibration laboratory services, metrology and inspection, ISO 17025 accreditation, measurement equipment distribution, quality assurance consulting
Industry1 code
1Calibration Services & Standards (Calibration labs, reference standards, traceability services)
CodeIMAGAFAHPrimaryYes
NAICS code2 codes
  • Testing Laboratories and Services54138
  • Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables334513
SIC code2 codes
  • Services-Testing Laboratories8734
  • Industrial Instruments For Measurement, Display, And Control3823
Product category
Calibration and Metrology Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Calibration Services
TypeProfessional Services
Description

Accredited calibration services for measurement instruments across multiple measurement parameters including dimensional, temperature, pressure, mass, electrical variables, and more.

scmmetrologia.com
2Inspection Services
TypeProfessional Services
Description

Inspection services with accredited scopes for quality assurance and compliance verification.

scmmetrologia.com
3Sorting Services
TypeProfessional Services
Description

Component and product sorting services for quality control purposes.

scmmetrologia.com
4Consulting and Training
TypeProfessional Services
Description

Metrology advisory services and training programs for quality systems and measurement best practices.

scmmetrologia.com
5Measurement Equipment Sales
TypeHardware Sales
Description

Sale of measurement standards, instruments, and OGP multisensor equipment with representation and distribution of leading brands.

scmmetrologia.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

SCM provides ECA-accredited calibration of measurement instruments (dimensional, temperature, pressure, mass, electrical, flow, humidity, and more) under ISO/IEC 17025:2017, together with accredited inspection under ISO/IEC 17020:2012, component sorting, and metrology consulting and training. The firm also distributes measurement instruments, including OGP multisensor systems, to industrial clients across Central America.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 550 clients served
+2 more records
Product overview1 text field

SCM Metrologia y Laboratorios S.A. operates as an ECA-accredited calibration laboratory providing integrated metrology solutions. The company offers a portfolio of calibration services (accredited under ISO/IEC 17025:2017), inspection services (accredited under ISO/IEC 17020:2012), sorting services, and consulting/training services. Additionally, the company sells measurement instruments and equipment across 19 product categories covering dimensional, temperature, pressure, mass, flow, humidity, electrical variables, volume, optics, acoustics, spectroscopy, physicochemical analysis, chromatography, nuclear densimeters, material testing, laboratory equipment, microclimate, light, weighing instruments, and vehicle inspection. The company serves over 550 clients primarily in medical device and life sciences sectors from facilities in Costa Rica (headquarters in Coyol Free Trade Zone) and Honduras.

Product and service5 records
1Calibration Services
CategoryCalibration Services
Description

ECA-accredited calibration of measurement instruments under ISO/IEC 17025:2017, covering dimensional, temperature, pressure, mass, electrical, flow, humidity, volume, optics, acoustics, spectroscopy, and other variables for regulated manufacturers.

2Inspection Services
CategoryInspection Services
Description

Inspection services performed under ISO/IEC 17020:2012 accredited scopes for quality assurance and compliance verification, targeting medical device and life sciences manufacturers.

3Sorting Services
CategorySorting Services
Description

Component and product sorting services that classify or segregate parts based on measured characteristics to support quality control processes for industrial clients.

4Consulting and Training Services
CategoryConsulting and Training
Description

Metrology advisory services and training programs that help clients design quality systems, implement measurement best practices, and build internal calibration capability.

5Measurement Equipment Sales
CategoryMeasurement Equipment
Description

Distribution and sale of measurement instruments and standards, including OGP multisensor systems, covering 19 categories such as dimensional, temperature, pressure, mass, flow, humidity, electrical, volume, optics, acoustics, spectroscopy, and laboratory equipment.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeOthers
Description

Founding member and active participant in CR Med Supply, the official association of service providers for the medical device industry in Costa Rica. Provides networking, industry representation, and referral opportunities within the medical device manufacturing ecosystem.

Strategic tierCoreTypeOthers
Description

As of April 9, 2026, SCM was acquired by Transcat (NASDAQ: TRNS) for approximately $13 million, establishing Transcat's first operational presence in Latin America. SCM operates as a wholly-owned subsidiary, maintaining its brand and operations in Costa Rica and Honduras.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Fluke Calibration (a Fortive-owned business) is a leading global manufacturer of calibration instruments and reference standards. While not a direct services competitor, Fluke is a key supplier of calibration hardware that SCM uses and resells, and competes for OEM-level calibration programs at large multinational accounts.

TypeOthers
Description

Tektronix designs and manufactures test, measurement, and monitoring equipment (oscilloscopes, signal analyzers) used in electronics and electrical calibration. While focused on equipment rather than services, Tektronix competes for calibration program scope at large electronics manufacturing accounts that overlap with SCM's electrical variable calibration offering.

TypeOthers
Description

Mettler-Toledo is a global leader in precision measurement instruments (balances, pipettes, weighing systems), many of which require the kind of accredited calibration SCM provides. While Mettler-Toledo itself is an equipment manufacturer, its customers are core SCM clients and its calibration recommendations shape the addressable services market.

TypeDirect peer
Description

Transcat (NASDAQ: TRNS) is the direct acquirer of SCM and operates an accredited calibration, inspection, and measurement services platform across the US, Canada, and now Latin America. Same ISO/IEC 17025 service model, same target verticals (medical device, life sciences, industrial), same revenue mix of calibration + equipment distribution.

TypeOthers
Description

Beamex is a Finnish manufacturer of calibration equipment and software, including calibrators, documentation software, and integrated calibration management systems. Sells through channel partners and directly to end users like SCM's industrial clients, providing an alternative path to in-house calibration that competes with outsourced services.

TypeBroad incumbent
Description

Intertek is a global TIC provider with calibration services across multiple verticals including medical devices and life sciences. Has Latin American lab operations and competes for the same multinational calibration contracts that SCM serves in Costa Rica.

TypeOthers
Description

Endress+Hauser is a global manufacturer of industrial process measurement instrumentation (flow, level, pressure, temperature, analytical). Provides both the instruments SCM calibrates and its own accredited calibration services in select geographies, positioning it as both a partner and a partial competitor in the industrial measurement space.

TypeBroad incumbent
Description

Bureau Veritas is a global TIC leader with significant Latin American presence serving medical device, pharmaceutical, and industrial clients. Overlaps with SCM on accredited calibration and inspection, typically for larger enterprise RFPs where SCM may partner or compete as a local subcontractor.

TypeBroad incumbent
Description

SGS is the world's largest testing, inspection, and certification (TIC) company with extensive Latin American operations. While not specialized in calibration the way SCM is, SGS offers accredited calibration as part of a broader TIC portfolio and competes for the same regulated multinational accounts in Costa Rica and Central America.

TypeDirect peer
Description

Trescal is one of the world's largest pure-play calibration services providers, operating accredited labs across the Americas, Europe, and Asia. Competes head-to-head with SCM in Latin America and offers a directly comparable ISO/IEC 17025 service portfolio to regulated industrial and medical-device clients.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SCM Metrologia Y Laboratorios

Calibration and Metrology Servicesscmmetrologia.com

What SCM Metrologia Y Laboratorios does

SCM Metrología y Laboratorios S.A. is a Costa Rica-headquartered calibration and metrology laboratory founded in 2002, operating under ECA accreditations for ISO/IEC 17025:2017 (calibration) and ISO/IEC 17020:2012 (inspection). The company delivers professional metrology services — calibration, inspection, sorting, consulting and training — alongside resale of measurement equipment and instruments (including OGP multisensor systems), covering roughly 19 measurement disciplines such as dimensional, temperature, pressure, mass, flow, humidity, electrical, and spectroscopy variables. With over 50 accreditations (the largest scope in Central America) and more than 550 enterprise clients concentrated in medical device and life sciences manufacturing, SCM's operations are anchored in Costa Rica's Coyol Free Trade Zone — a major medtech cluster — with a secondary facility in San Pedro Sula, Honduras.

Underlying technology is built around accredited measurement standards, traceability to international references, and proprietary workflow tools including a web-based equipment tracking system and virtual label/certificate platform for client instrument management. Revenue is generated primarily through B2B professional services contracts on a quotation basis, with a sales-led GTM motion targeting regulated enterprise clients. On April 9, 2026, SCM was acquired by Transcat, Inc. (NASDAQ: TRNS) for approximately $13 million in cash, becoming a wholly-owned subsidiary and Transcat's first operational presence in Latin America.

SCM Metrologia Y Laboratorios firmographics

Firmographics
Name
SCM Metrologia Y Laboratorios
Legal name
SCM Metrología y Laboratorios S.A.
Website
https://scmmetrologia.com
Company type
Private
Founded year
2002
Operating status
Acquired
Headcount range
51–100 employees
Ownership category
akta.pro rank

SCM Metrologia Y Laboratorios industry classification

Industry
Product category
Calibration and Metrology Services
NAICS
Testing Laboratories and Services (54138), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)
SIC
Services-Testing Laboratories (8734), Industrial Instruments For Measurement, Display, And Control (3823)
akta.pro primary industry
Calibration Services & Standards (Calibration labs, reference standards, traceability services) (IMAGAFAH)

Keywords

  • Calibration laboratory services
  • Metrology and inspection
  • ISO 17025 accreditation
  • Measurement equipment distribution
  • Quality assurance consulting

Where SCM Metrologia Y Laboratorios is headquartered

Location

Headquarters

HQ city
Alajuela
HQ country
Costa Rica
HQ region
Latin America

Offices2 records

Markets served

SCM Metrologia Y Laboratorios business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

  1. Calibration Services: Accredited calibration services for measurement instruments across multiple measurement parameters including dimensional, temperature, pressure, mass, electrical variables, and more.
  2. Inspection Services: Inspection services with accredited scopes for quality assurance and compliance verification.
  3. Sorting Services: Component and product sorting services for quality control purposes.
  4. Consulting and Training: Metrology advisory services and training programs for quality systems and measurement best practices.
  5. Measurement Equipment Sales: Sale of measurement standards, instruments, and OGP multisensor equipment with representation and distribution of leading brands.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

SCM Metrologia Y Laboratorios product offering

Product offering

Core offering

SCM provides ECA-accredited calibration of measurement instruments (dimensional, temperature, pressure, mass, electrical, flow, humidity, and more) under ISO/IEC 17025:2017, together with accredited inspection under ISO/IEC 17020:2012, component sorting, and metrology consulting and training. The firm also distributes measurement instruments, including OGP multisensor systems, to industrial clients across Central America.

Product overview

SCM Metrologia y Laboratorios S.A. operates as an ECA-accredited calibration laboratory providing integrated metrology solutions. The company offers a portfolio of calibration services (accredited under ISO/IEC 17025:2017), inspection services (accredited under ISO/IEC 17020:2012), sorting services, and consulting/training services. Additionally, the company sells measurement instruments and equipment across 19 product categories covering dimensional, temperature, pressure, mass, flow, humidity, electrical variables, volume, optics, acoustics, spectroscopy, physicochemical analysis, chromatography, nuclear densimeters, material testing, laboratory equipment, microclimate, light, weighing instruments, and vehicle inspection. The company serves over 550 clients primarily in medical device and life sciences sectors from facilities in Costa Rica (headquarters in Coyol Free Trade Zone) and Honduras.

Differentiator

Problem solved

Functional benefit

Products and services

  • Calibration Services ECA-accredited calibration of measurement instruments under ISO/IEC 17025:2017, covering dimensional, temperature, pressure, mass, electrical, flow, humidity, volume, optics, acoustics, spectroscopy, and other variables for regulated manufacturers.
  • Inspection Services Inspection services performed under ISO/IEC 17020:2012 accredited scopes for quality assurance and compliance verification, targeting medical device and life sciences manufacturers.
  • Sorting Services Component and product sorting services that classify or segregate parts based on measured characteristics to support quality control processes for industrial clients.
  • Consulting and Training Services Metrology advisory services and training programs that help clients design quality systems, implement measurement best practices, and build internal calibration capability.
  • Measurement Equipment Sales Distribution and sale of measurement instruments and standards, including OGP multisensor systems, covering 19 categories such as dimensional, temperature, pressure, mass, flow, humidity, electrical, volume, optics, acoustics, spectroscopy, and laboratory equipment.

Quantifiable outcome

  • Over 550 clients served
  • +2 more outcomes

Companies that use SCM Metrologia Y Laboratorios

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

SCM Metrologia Y Laboratorios technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

SCM Metrologia Y Laboratorios partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • CR Med SupplycoreOthersFounding member and active participant in CR Med Supply, the official association of service providers for the medical device industry in Costa Rica. Provides networking, industry representation, and referral opportunities within the medical device manufacturing ecosystem.
  • TranscatcoreOthersAs of April 9, 2026, SCM was acquired by Transcat (NASDAQ: TRNS) for approximately $13 million, establishing Transcat's first operational presence in Latin America. SCM operates as a wholly-owned subsidiary, maintaining its brand and operations in Costa Rica and Honduras.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

SCM Metrologia Y Laboratorios competitors and assessment

Company assessment

Others

  • Fluke Calibration: Fluke Calibration (a Fortive-owned business) is a leading global manufacturer of calibration instruments and reference standards. While not a direct services competitor, Fluke is a key supplier of calibration hardware that SCM uses and resells, and competes for OEM-level calibration programs at large multinational accounts.
  • Tektronix (Fortive): Tektronix designs and manufactures test, measurement, and monitoring equipment (oscilloscopes, signal analyzers) used in electronics and electrical calibration. While focused on equipment rather than services, Tektronix competes for calibration program scope at large electronics manufacturing accounts that overlap with SCM's electrical variable calibration offering.
  • Mettler-Toledo International: Mettler-Toledo is a global leader in precision measurement instruments (balances, pipettes, weighing systems), many of which require the kind of accredited calibration SCM provides. While Mettler-Toledo itself is an equipment manufacturer, its customers are core SCM clients and its calibration recommendations shape the addressable services market.
  • Beamex Oy: Beamex is a Finnish manufacturer of calibration equipment and software, including calibrators, documentation software, and integrated calibration management systems. Sells through channel partners and directly to end users like SCM's industrial clients, providing an alternative path to in-house calibration that competes with outsourced services.
  • Endress+Hauser: Endress+Hauser is a global manufacturer of industrial process measurement instrumentation (flow, level, pressure, temperature, analytical). Provides both the instruments SCM calibrates and its own accredited calibration services in select geographies, positioning it as both a partner and a partial competitor in the industrial measurement space.

Direct peers

  • Transcat, Inc. Transcat (NASDAQ: TRNS) is the direct acquirer of SCM and operates an accredited calibration, inspection, and measurement services platform across the US, Canada, and now Latin America. Same ISO/IEC 17025 service model, same target verticals (medical device, life sciences, industrial), same revenue mix of calibration + equipment distribution.
  • Trescal: Trescal is one of the world's largest pure-play calibration services providers, operating accredited labs across the Americas, Europe, and Asia. Competes head-to-head with SCM in Latin America and offers a directly comparable ISO/IEC 17025 service portfolio to regulated industrial and medical-device clients.

Broad incumbents

  • Intertek Group: Intertek is a global TIC provider with calibration services across multiple verticals including medical devices and life sciences. Has Latin American lab operations and competes for the same multinational calibration contracts that SCM serves in Costa Rica.
  • Bureau Veritas: Bureau Veritas is a global TIC leader with significant Latin American presence serving medical device, pharmaceutical, and industrial clients. Overlaps with SCM on accredited calibration and inspection, typically for larger enterprise RFPs where SCM may partner or compete as a local subcontractor.
  • SGS Société Générale de Surveillance: SGS is the world's largest testing, inspection, and certification (TIC) company with extensive Latin American operations. While not specialized in calibration the way SCM is, SGS offers accredited calibration as part of a broader TIC portfolio and competes for the same regulated multinational accounts in Costa Rica and Central America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

SCM Metrologia Y Laboratorios social profiles

Digital presence

SCM Metrologia Y Laboratorios compliance and trust

Trust signal

Compliance2 records

SCM Metrologia Y Laboratorios financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SCM Metrologia Y Laboratorios leadership team

Management profile

Number of profiles

SCM Metrologia Y Laboratorios funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SCM Metrologia Y Laboratorios M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SCM Metrologia Y Laboratorios

What does SCM Metrologia Y Laboratorios do?

SCM provides ECA-accredited calibration of measurement instruments (dimensional, temperature, pressure, mass, electrical, flow, humidity, and more) under ISO/IEC 17025:2017, together with accredited inspection under ISO/IEC 17020:2012, component sorting, and metrology consulting and training. The firm also distributes measurement instruments, including OGP multisensor systems, to industrial clients across Central America.

Is SCM Metrologia Y Laboratorios a public or private company?

SCM Metrologia Y Laboratorios is a private company. It is classified as corporate owned and is currently acquired.

When was SCM Metrologia Y Laboratorios founded?

SCM Metrologia Y Laboratorios was founded in 2002. It employs 51 to 100 people.

Where is SCM Metrologia Y Laboratorios based?

SCM Metrologia Y Laboratorios is headquartered in Alajuela, Costa Rica, in the Latin America region.

How does SCM Metrologia Y Laboratorios make money?

Five revenue lines are on record. Calibration Services are the primary driver. The others are inspection Services, sorting Services, consulting and Training and measurement Equipment Sales.

Who are SCM Metrologia Y Laboratorios's main competitors?

Others on record are Fluke Calibration, Tektronix (Fortive), Mettler-Toledo International, Beamex Oy and Endress+Hauser. Direct peers are Transcat, Inc. and Trescal. Broad incumbents are Intertek Group, Bureau Veritas and SGS Société Générale de Surveillance.

Does SCM Metrologia Y Laboratorios have an API?

No public API is recorded for SCM Metrologia Y Laboratorios.

What industry is SCM Metrologia Y Laboratorios in?

SCM Metrologia Y Laboratorios's product category is Calibration and Metrology Services. Its primary akta.pro industry code is IMAGAFAH, Calibration Services & Standards (Calibration labs, reference standards, traceability services). Its NAICS code is 54138 and its SIC code is 8734.

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Live signals
BenzingaFull Transcript: Transcat Q4 2026 Earnings Call - Transcat (NASDAQ:TRNS)Transcat reported strong Q4 fiscal 2026 financial results with consolidated revenue increasing 16% year-over-year to $89.3 million, and full-year revenue growing 19% to $331.9 million. The company achieved its 68th consecutive quarter of service revenue growth, with service revenue up 18% in Q4 and 20% for the full year, while adjusted EBITDA grew 23% to $48.7 million for fiscal 2026. Transcat completed the acquisition of SCM Metrology and Laboratories, establishing its first operational presence in Latin America through Costa Rica, and management expects sequentially higher service organic growth in Q1 fiscal 2027.RbjRochester's Transcat makes $13M acquisition in Latin AmericaTranscat Inc. acquired Costa Rican calibration services provider SCM Metrology and Laboratories S.A. in a roughly $13 million cash deal. The acquisition gives Transcat its first operational presence in Latin America and strengthens support for its multinational customer base.GurufocusTranscat (TRNS) Expands with Acquisition of SCM MetrologyTranscat completed the acquisition of SCM Metrology and Laboratories S.A., a Costa Rica-based calibration services firm, for approximately $13 million. The deal, finalized on April 9, 2026, expands Transcat's calibration services footprint. Transcat's market capitalization is about $750.31 million, with revenue of $319.69 million and a P/E ratio of 94.59.