The Dixie Group Inc.
Find Ratings ReportsDIXIE GROUP INC's gross profit margin for the fourth quarter of its fiscal year 2023 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. DIXIE GROUP INC has weak liquidity. Currently, the Quick Ratio is 0.60 which shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 7.05% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 66.67 | 70.54 |
EBITDA ($mil) | 0.0 | -10.74 |
EBIT ($mil) | -1.91 | -12.23 |
Net Income ($mil) | 3.16 | -18.46 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 0.08 | 0.36 |
Total Assets ($mil) | 191.17 | 202.95 |
Total Debt ($mil) | 112.08 | 122.59 |
Equity ($mil) | 29.29 | 31.51 |
Profitability | Q4 FY23 | Q4 FY22 |
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Gross Profit Margin | 27.04 | 16.07 |
EBITDA Margin | 0.0 | -15.23 |
Operating Margin | -2.86 | -17.33 |
Sales Turnover | 1.45 | 1.5 |
Return on Assets | -1.42 | -17.28 |
Return on Equity | -6.66 | -106.03 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 2.84 | 2.88 |
Debt/Capital | 0.79 | 0.8 |
Interest Expense | 1.71 | 1.84 |
Interest Coverage | -1.11 | -6.64 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 15.56 | 15.58 |
Div / share | 0.0 | 0.0 |
EPS | 0.22 | -1.19 |
Book value / share | 1.88 | 2.02 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 44491.0 | 43266.0 |
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 0.31 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 1.09. 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, DIXIE GROUP INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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DXYN NM | Peers 19.68 | DXYN NA | Peers 5.65 | |||||||||||||||||||||
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. DXYN's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures. Ratio not available. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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DXYN NA | Peers 16.15 | DXYN NA | Peers 0.58 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
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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DXYN 0.31 | Peers 1.09 | DXYN 93.25 | Peers -1436.40 | |||||||||||||||||||||
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. DXYN 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. DXYN is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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DXYN 0.03 | Peers 0.67 | DXYN -8.97 | Peers 11.38 | |||||||||||||||||||||
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. DXYN 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. DXYN significantly trails its peers on the basis of sales growth. |
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