-0.05 | -0.19%
EQUITY ONE INC's gross profit margin for the first quarter of its fiscal year 2013 has increased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 89.08 | 78.9 |
| EBITDA ($mil) | 0.0 | 0.0 |
| EBIT ($mil) | 33.81 | 25.99 |
| Net Income ($mil) | 24.59 | 18.98 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 25.14 | 17.33 |
| Total Assets ($mil) | 3415.86 | 3297.51 |
| Total Debt ($mil) | 1529.29 | 1399.01 |
| Equity ($mil) | 1402.1 | 1414.7 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 37.96 | 32.94 |
| EBITDA Margin | 0.0 | 0.0 |
| Operating Margin | 37.96 | 32.94 |
| Sales Turnover | 0.1 | 0.09 |
| Return on Assets | 0.06 | 0.53 |
| Return on Equity | -0.8 | -0.6 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 0.0 | 0.0 |
| Debt/Capital | 0.52 | 0.5 |
| Interest Expense | 18.88 | 18.81 |
| Interest Coverage | 1.79 | 1.38 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 117.21 | 112.69 |
| Div / share | 0.22 | 0.22 |
| EPS | 0.11 | 0.04 |
| Book value / share | 11.96 | 12.55 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 489853.0 | 426265.0 |
HOLD. 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. To use another comparison, its price-to-book ratio of 2.18 indicates valuation on par with the S&P 500 average of 2.40 and a discount versus the industry average of 3.21. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, EQUITY ONE INC seems to be trading at a premium to investment alternatives within the industry.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EQY NM | Peers 75.39 | EQY NA | Peers 22.92 | |||||||||||||||||||||
|
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. EQY'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 |
|
Price to Earnings/Growth |
|
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| EQY 54.33 | Peers 57.75 | EQY NA | Peers 3.64 | |||||||||||||||||||||
|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations. EQY is trading at a valuation on par with 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 |
|
Earnings Growth |
|
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| EQY 2.18 | Peers 3.21 | EQY -25.00 | Peers 62.81 | |||||||||||||||||||||
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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. EQY 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, EQY is expected to significantly trail its peers on the basis of its earnings growth rate. |
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| Price/Sales |
|
Sales Growth |
|
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| EQY 9.00 | Peers 8.33 | EQY 14.51 | Peers 21.43 | |||||||||||||||||||||
|
Average. 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. EQY is trading at a valuation on par with its industry on this measurement. |
Lower. A sales growth rate that trails the industry implies that a company is losing market share. EQY significantly trails its peers on the basis of sales growth |
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