Bristol-Myers Squibb Company
Find Ratings ReportsBRISTOL-MYERS SQUIBB CO'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. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. BRISTOL-MYERS SQUIBB CO has average liquidity. Currently, the Quick Ratio is 1.06 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 5.25% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 11477.0 | 11406.0 |
EBITDA ($mil) | 4401.0 | 4221.0 |
EBIT ($mil) | 1952.0 | 1767.0 |
Net Income ($mil) | 1762.0 | 2022.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 12335.0 | 9401.0 |
Total Assets ($mil) | 95159.0 | 96820.0 |
Total Debt ($mil) | 41464.0 | 40717.0 |
Equity ($mil) | 29430.0 | 31061.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 77.9 | 78.88 |
EBITDA Margin | 38.34 | 37.0 |
Operating Margin | 17.01 | 15.49 |
Sales Turnover | 0.47 | 0.48 |
Return on Assets | 8.43 | 6.53 |
Return on Equity | 27.27 | 20.37 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.43 | 1.25 |
Debt/Capital | 0.58 | 0.57 |
Interest Expense | 316.0 | 294.0 |
Interest Coverage | 6.18 | 6.01 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 2021.0 | 2098.0 |
Div / share | 0.57 | 0.54 |
EPS | 0.87 | 0.95 |
Book value / share | 14.56 | 14.81 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1.5654907E7 | 1.3573998E7 |
HOLD. BRISTOL-MYERS SQUIBB CO's P/E ratio indicates a significant discount compared to an average of 85.83 for the Chemical Manufacturing subsector and a significant discount compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 3.60 indicates a discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 19.07. The price-to-sales ratio is below the S&P 500 average and is well below the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, BRISTOL-MYERS SQUIBB CO proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMY 13.60 | Peers 85.83 | BMY 7.65 | Peers 38.76 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. BMY is trading at a significant discount to its peers. |
Discount. 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. BMY is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
BMY 7.35 | Peers 18.08 | BMY 0.17 | Peers 1.16 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. BMY is trading at a significant discount to its peers. |
Discount. 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. BMY trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
BMY 3.60 | Peers 19.07 | BMY 30.84 | Peers 12.58 | |||||||||||||||||||||
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. BMY 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. BMY is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
BMY 2.36 | Peers 84.44 | BMY -2.50 | Peers 42.35 | |||||||||||||||||||||
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. BMY is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. BMY significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||