Hurco Companies Inc.
Find Ratings ReportsHURCO COS INC's gross profit margin for the first quarter of its fiscal year 2024 has decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. HURCO COS INC has average liquidity. Currently, the Quick Ratio is 1.40 which shows that technically this company has the 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 remained virtually unchanged only decreasing by 3.56% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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Income Statement | Q1 FY24 | Q1 FY23 |
---|---|---|
Net Sales ($mil) | 45.06 | 54.68 |
EBITDA ($mil) | -0.91 | 2.29 |
EBIT ($mil) | -1.82 | 1.23 |
Net Income ($mil) | -1.65 | 1.33 |
Balance Sheet | Q1 FY24 | Q1 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 37.94 | 56.89 |
Total Assets ($mil) | 290.06 | 311.51 |
Total Debt ($mil) | 12.38 | 9.71 |
Equity ($mil) | 224.56 | 232.85 |
Profitability | Q1 FY24 | Q1 FY23 |
---|---|---|
Gross Profit Margin | 23.53 | 25.19 |
EBITDA Margin | -2.02 | 4.18 |
Operating Margin | -4.04 | 2.26 |
Sales Turnover | 0.75 | 0.77 |
Return on Assets | 0.48 | 1.93 |
Return on Equity | 0.63 | 2.59 |
Debt | Q1 FY24 | Q1 FY23 |
---|---|---|
Current Ratio | 4.86 | 4.03 |
Debt/Capital | 0.05 | 0.04 |
Interest Expense | 0.13 | 0.02 |
Interest Coverage | -13.89 | 77.13 |
Share Data | Q1 FY24 | Q1 FY23 |
---|---|---|
Shares outstanding (mil) | 6.51 | 6.59 |
Div / share | 0.16 | 0.15 |
EPS | -0.25 | 0.2 |
Book value / share | 34.52 | 35.34 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 25558.0 | 16984.0 |
BUY. HURCO COS INC's P/E ratio indicates a significant premium compared to an average of 34.89 for the Machinery 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 0.61 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 15.81. 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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HURC 99.90 | Peers 34.89 | HURC NM | Peers 35.56 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. HURC is trading at a significant premium to its peers. |
Neutral. 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. HURC's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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HURC NA | Peers 25.65 | HURC NA | Peers 5.15 | |||||||||||||||||||||
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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HURC 0.61 | Peers 15.81 | HURC -76.67 | Peers 20.44 | |||||||||||||||||||||
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. HURC 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, HURC 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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HURC 0.63 | Peers 8.34 | HURC -8.57 | Peers 14.92 | |||||||||||||||||||||
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. HURC 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. HURC significantly trails its peers on the basis of sales growth. |
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