IGATE CORP's gross profit margin for the fourth quarter of its fiscal year 2014 has decreased 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. IGATE CORP has strong liquidity. Currently, the Quick Ratio is 1.53 which shows 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 increased by 6.86% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q4 FY14||Q4 FY13|
|Net Sales ($mil)||331.5||299.33|
|Net Income ($mil)||37.97||33.14|
|Balance Sheet||Q4 FY14||Q4 FY13|
|Cash & Equiv. ($mil)||191.98||746.24|
|Total Assets ($mil)||1406.2||1898.72|
|Total Debt ($mil)||686.0||1183.21|
|Profitability||Q4 FY14||Q4 FY13|
|Gross Profit Margin||34.77||39.81|
|Return on Assets||7.82||6.83|
|Return on Equity||15.38||20.3|
|Debt||Q4 FY14||Q4 FY13|
|Share Data||Q4 FY14||Q4 FY13|
|Shares outstanding (mil)||80.81||58.44|
|Div / share||0.0||0.0|
|Book value / share||6.37||8.25|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||238723.0||220111.0|
BUY. IGATE CORP's P/E ratio indicates a premium compared to an average of 23.75 for the IT Services industry and a premium compared to the S&P 500 average of 19.47. To use another comparison, its price-to-book ratio of 5.48 indicates a significant premium versus the S&P 500 average of 2.75 and a significant discount versus the industry average of 9.28. The price-to-sales ratio is above the S&P 500 average, but well below the industry average.
|IGTE 28.88||Peers 23.75||IGTE NA||Peers 20.54|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
IGTE is trading at a premium to its peers.
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.
|IGTE 13.24||Peers 20.48||IGTE 0.39||Peers 1.71|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
IGTE is trading at a discount to its peers.
Discount. 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.
IGTE trades at a significant discount to its peers.
|IGTE 5.48||Peers 9.28||IGTE -26.67||Peers 19.46|
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.
IGTE 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, IGTE is expected to significantly trail its peers on the basis of its earnings growth rate.
|IGTE 2.23||Peers 5.10||IGTE 10.19||Peers 8.10|
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.
IGTE is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
IGTE has a sales growth rate that significantly exceeds its peers.
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