Gannett Co. Inc.
Find Ratings ReportsGANNETT CO INC'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. Sales and net income have dropped, underperforming the average competitor within its subsector. GANNETT CO INC has weak liquidity. Currently, the Quick Ratio is 0.69 which shows a lack of 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 increased by 7.45% 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 ($mil) | 669.41 | 730.66 |
EBITDA ($mil) | 63.85 | 85.2 |
EBIT ($mil) | 32.06 | 47.27 |
Net Income ($mil) | -22.89 | 32.77 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 100.55 | 94.82 |
Total Assets ($mil) | 2181.25 | 2393.56 |
Total Debt ($mil) | 1294.26 | 1425.78 |
Equity ($mil) | 317.79 | 295.74 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 37.31 | 37.71 |
EBITDA Margin | 9.53 | 11.66 |
Operating Margin | 4.79 | 6.47 |
Sales Turnover | 1.22 | 1.23 |
Return on Assets | -1.27 | -3.25 |
Return on Equity | -8.75 | -26.38 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.83 | 0.82 |
Debt/Capital | 0.8 | 0.83 |
Interest Expense | 26.97 | 28.53 |
Interest Coverage | 1.19 | 1.66 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 148.94 | 146.22 |
Div / share | 0.0 | 0.0 |
EPS | -0.16 | 0.17 |
Book value / share | 2.13 | 2.02 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 713382.0 | 858549.0 |
SELL. 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. For additional comparison, its price-to-book ratio of 0.93 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 11.80. 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, GANNETT CO INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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GCI NM | Peers 47.17 | GCI 3.12 | Peers 33.15 | |||||||||||||||||||||
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. GCI's P/E is negative making this valuation measure meaningless. |
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. GCI is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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GCI 7.59 | Peers 32.16 | GCI NA | Peers 1.66 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. GCI's ratio is negative making this valuation measure meaningless. |
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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GCI 0.93 | Peers 11.80 | GCI 68.26 | Peers 148.13 | |||||||||||||||||||||
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. GCI 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, GCI 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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GCI 0.11 | Peers 12.32 | GCI -9.57 | Peers 12.66 | |||||||||||||||||||||
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. GCI 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. GCI significantly trails its peers on the basis of sales growth. |
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