VENAXIS INC's gross profit margin for the third quarter of its fiscal year 2014 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. VENAXIS INC is extremely liquid. Currently, the Quick Ratio is 14.95 which clearly shows the ability to cover any short-term cash needs. APPY managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
At the same time, stockholders' equity ("net worth") has greatly increased by 63.48% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY14||Q3 FY13|
|Net Sales ($mil)||0.06||0.08|
|Net Income ($mil)||-2.53||-3.07|
|Balance Sheet||Q3 FY14||Q3 FY13|
|Cash & Equiv. ($mil)||26.72||17.29|
|Total Assets ($mil)||31.05||21.78|
|Total Debt ($mil)||2.44||2.61|
|Profitability||Q3 FY14||Q3 FY13|
|Gross Profit Margin||-4060.66||-3838.46|
|Return on Assets||-36.07||-52.9|
|Return on Equity||-43.18||-72.61|
|Debt||Q3 FY14||Q3 FY13|
|Share Data||Q3 FY14||Q3 FY13|
|Shares outstanding (mil)||30.99||21.45|
|Div / share||0.0||0.0|
|Book value / share||0.84||0.74|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||765746.0||198359.0|
SELL. 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 0.62 indicates a significant discount versus the S&P 500 average of 2.84 and a significant discount versus the industry average of 12.41. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average. After reviewing these and other key valuation criteria, VENAXIS INC proves to trade at a discount to investment alternatives within the industry.
|APPY NM||Peers 46.59||APPY NM||Peers 66.65|
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.
APPY's P/E is negative making this valuation measure meaningless.
Neutral. 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.
APPY's P/CF is negative making the measure meaningless.
|APPY NM||Peers 30.86||APPY NA||Peers 0.64|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
APPY's ratio is negative making this valuation measure meaningless.
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.
|APPY 0.62||Peers 12.41||APPY 70.00||Peers 48.29|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
APPY is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
APPY is expected to have an earnings growth rate that significantly exceeds its peers.
|APPY 89.53||Peers 236.37||APPY 34.55||Peers 115.47|
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.
APPY is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
APPY significantly trails its peers on the basis of sales growth
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