BigCommerce Holdings Inc.
Find Ratings ReportsBIGCOMMERCE HOLDIN INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income have grown, and although the growth in revenues has outpaced the average competitor within the subsector, the net income growth has not. BIGCOMMERCE HOLDIN INC is extremely liquid. Currently, the Quick Ratio is 4.37 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 44.09% 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 | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 84.15 | 72.43 |
EBITDA ($mil) | -1.04 | -20.79 |
EBIT ($mil) | -4.54 | -23.58 |
Net Income ($mil) | -3.18 | -32.98 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 271.26 | 304.97 |
Total Assets ($mil) | 444.06 | 474.06 |
Total Debt ($mil) | 350.31 | 350.11 |
Equity ($mil) | 25.53 | 45.67 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 78.88 | 75.54 |
EBITDA Margin | -1.22 | -28.7 |
Operating Margin | -5.39 | -32.56 |
Sales Turnover | 0.7 | 0.59 |
Return on Assets | -14.56 | -29.51 |
Return on Equity | -253.28 | -306.36 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 4.83 | 4.75 |
Debt/Capital | 0.93 | 0.88 |
Interest Expense | 0.72 | 0.71 |
Interest Coverage | -6.31 | -33.31 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 76.41 | 73.95 |
Div / share | 0.0 | 0.0 |
EPS | -0.04 | -0.45 |
Book value / share | 0.33 | 0.62 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 623188.0 | 739979.0 |
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 21.52 indicates a significant premium versus the S&P 500 average of 4.68 and a significant premium versus the subsector average of 9.55. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, BIGCOMMERCE HOLDIN INC proves to trade at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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BIGC NM | Peers 61.20 | BIGC NM | Peers 28.25 | |||||||||||||||||||||
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. BIGC'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. BIGC's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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BIGC 22.47 | Peers 18.10 | BIGC NA | Peers 0.46 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. BIGC 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. |
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Price/Book |
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Earnings Growth |
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BIGC 21.52 | Peers 9.55 | BIGC 54.98 | Peers 211.27 | |||||||||||||||||||||
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. BIGC 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, BIGC is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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BIGC 1.78 | Peers 6.93 | BIGC 10.86 | Peers 11.39 | |||||||||||||||||||||
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. BIGC is trading at a significant discount to its subsector on this measurement. |
Average. Comparing a company's sales growth to its subsector helps to determine if the company is adding or losing market share. BIGC is keeping pace with its peers on the basis of sales growth. |
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