-1.16 | -0.44%
AMAZON.COM INC's gross profit margin for the first quarter of its fiscal year 2013 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.
During the same period, stockholders' equity ("net worth") has increased by 15.96% from the same quarter last year.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 16070.0 | 13185.0 |
| EBITDA ($mil) | 912.0 | 695.0 |
| EBIT ($mil) | 212.0 | 238.0 |
| Net Income ($mil) | 82.0 | 130.0 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 7895.0 | 5715.0 |
| Total Assets ($mil) | 28377.0 | 20339.0 |
| Total Debt ($mil) | 3040.0 | 0.0 |
| Equity ($mil) | 8432.0 | 7271.0 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 30.92 | 27.42 |
| EBITDA Margin | 5.67 | 5.27 |
| Operating Margin | 1.32 | 1.81 |
| Sales Turnover | 2.25 | 2.53 |
| Return on Assets | -0.3 | 2.75 |
| Return on Equity | -1.03 | 7.7 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 1.14 | 1.16 |
| Debt/Capital | 0.27 | 0.0 |
| Interest Expense | 33.0 | 21.0 |
| Interest Coverage | 6.42 | 11.33 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 455.0 | 450.0 |
| Div / share | 0.0 | 0.0 |
| EPS | 0.18 | 0.28 |
| Book value / share | 18.53 | 16.16 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 3162697.0 | 3578695.0 |
HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 14.25 indicates a significant premium versus the S&P 500 average of 2.44 and a significant premium versus the industry average of 11.29. The price-to-sales ratio is above the S&P 500 average, but well below the industry average. After reviewing these and other key valuation criteria, AMAZON.COM INC proves to trade at a premium to investment alternatives within the industry.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN NM | Peers 105.32 | AMZN 28.06 | Peers 25.56 | |||||||||||||||||||||
|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. AMZN's P/E is negative making this valuation measure meaningless. |
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. AMZN is trading at a valuation on par to its peers. |
|||||||||||||||||||||||
| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| AMZN 85.75 | Peers 122.79 | AMZN NA | Peers 0.96 | |||||||||||||||||||||
|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. AMZN is trading at a significant premium to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
|||||||||||||||||||||||
| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| AMZN 14.25 | Peers 11.29 | AMZN -116.52 | Peers -55.77 | |||||||||||||||||||||
|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. AMZN is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, AMZN is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| AMZN 1.88 | Peers 5.07 | AMZN 24.45 | Peers 24.63 | |||||||||||||||||||||
|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. AMZN is trading at a significant discount to its industry on this measurement. |
Average. Comparing a company's sales growth to its industry helps to determine if the company is adding or losing market share. AMZN is keeping pace with its peers on the basis of sales growth. |
|||||||||||||||||||||||
