-0.03 | -0.07%
FISHER COMMUNICATIONS INC's gross profit margin for the first quarter of its fiscal year 2013 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 industry, the net income growth has not. FISHER COMMUNICATIONS INC is extremely liquid. Currently, the Quick Ratio is 2.44 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 39.51% 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.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 36.79 | 33.93 |
| EBITDA ($mil) | 0.53 | 0.27 |
| EBIT ($mil) | -1.26 | -1.49 |
| Net Income ($mil) | -0.77 | -1.86 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 18.94 | 54.47 |
| Total Assets ($mil) | 174.87 | 251.08 |
| Total Debt ($mil) | 0.0 | 0.0 |
| Equity ($mil) | 121.05 | 200.14 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 45.51 | 43.67 |
| EBITDA Margin | 1.44 | 0.78 |
| Operating Margin | -3.44 | -4.4 |
| Sales Turnover | 0.98 | 0.64 |
| Return on Assets | 8.17 | 14.45 |
| Return on Equity | 11.8 | 17.84 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 2.89 | 5.07 |
| Debt/Capital | 0.0 | 0.0 |
| Interest Expense | 0.03 | 0.27 |
| Interest Coverage | -42.13 | -5.61 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 8.78 | 8.87 |
| Div / share | 0.15 | 0.0 |
| EPS | -0.09 | -0.21 |
| Book value / share | 13.78 | 22.57 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 66246.0 | 36124.0 |
BUY. FISHER COMMUNICATIONS INC's P/E ratio indicates a premium compared to an average of 19.11 for the Media industry and a premium compared to the S&P 500 average of 18.80. Conducting a second comparison, its price-to-book ratio of 3.00 indicates a premium versus the S&P 500 average of 2.40 and a significant discount versus the industry average of 8.14. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FSCI 25.84 | Peers 19.11 | FSCI 13.10 | Peers 13.58 | |||||||||||||||||||||
|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. FSCI is trading at a significant premium to its peers. |
Average. 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. FSCI is trading at a valuation on par to its peers. |
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| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| FSCI 17.23 | Peers 20.27 | FSCI NM | Peers 0.79 | |||||||||||||||||||||
|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. FSCI 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. FSCI's negative PEG ratio makes this valuation measure meaningless. |
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| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| FSCI 3.00 | Peers 8.14 | FSCI -60.10 | Peers 100.01 | |||||||||||||||||||||
|
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. FSCI 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, FSCI is expected to significantly trail its peers on the basis of its earnings growth rate. |
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| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| FSCI 2.12 | Peers 2.66 | FSCI 6.68 | Peers 4.76 | |||||||||||||||||||||
|
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. FSCI is trading at a discount to its industry on this measurement. |
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share. FSCI has a sales growth rate that significantly exceeds its peers. |
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