Ducommun Incorporated
Find Ratings ReportsDUCOMMUN INC's gross profit margin for the fourth quarter of its fiscal year 2023 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. DUCOMMUN INC has strong liquidity. Currently, the Quick Ratio is 1.77 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 20.93% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 192.23 | 188.27 |
EBITDA ($mil) | 19.0 | 18.35 |
EBIT ($mil) | 10.85 | 12.58 |
Net Income ($mil) | 5.11 | 8.08 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 42.86 | 46.25 |
Total Assets ($mil) | 1120.92 | 1021.51 |
Total Debt ($mil) | 296.76 | 282.84 |
Equity ($mil) | 636.09 | 525.96 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 26.0 | 23.56 |
EBITDA Margin | 9.88 | 9.74 |
Operating Margin | 5.64 | 6.68 |
Sales Turnover | 0.68 | 0.7 |
Return on Assets | 1.42 | 2.81 |
Return on Equity | 2.5 | 5.47 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 2.99 | 2.64 |
Debt/Capital | 0.32 | 0.35 |
Interest Expense | 5.45 | 3.52 |
Interest Coverage | 1.99 | 3.58 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 14.6 | 12.11 |
Div / share | 0.0 | 0.0 |
EPS | 0.34 | 0.65 |
Book value / share | 43.57 | 43.45 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 101346.0 | 82571.0 |
HOLD. DUCOMMUN INC's P/E ratio indicates a significant premium compared to an average of 23.30 for the Transportation Equipment Manufacturing subsector and a significant premium compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 1.16 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 4.90. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount.
Price/Earnings |
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Price/Cash Flow |
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DCO 43.77 | Peers 23.30 | DCO 23.65 | Peers 20.65 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. DCO is trading at a significant premium to its peers. |
Premium. 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. DCO is trading at a premium to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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DCO 13.71 | Peers 16.58 | DCO 0.26 | Peers 2.67 | |||||||||||||||||||||
Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations. DCO is trading at a valuation on par with 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. DCO trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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DCO 1.16 | Peers 4.90 | DCO -50.86 | Peers 54.33 | |||||||||||||||||||||
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. DCO is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, DCO 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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DCO 0.97 | Peers 3.84 | DCO 6.23 | Peers 19.37 | |||||||||||||||||||||
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. DCO 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. DCO significantly trails its peers on the basis of sales growth. |
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