LUMINEX CORP's gross profit margin for the second quarter of its fiscal year 2014 is essentially unchanged when compared to the same period a year ago. The company has grown its sales and net income during the past quarter when compared with the same quarter a year ago, and although its growth in net income has outpaced the industry average, its revenue growth has not. LUMINEX CORP is extremely liquid. Currently, the Quick Ratio is 5.17 which clearly shows the ability to cover any short-term cash needs. LMNX managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has increased by 14.09% 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.
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|Income Statement||Q2 FY14||Q2 FY13|
|Net Sales ($mil)||55.63||54.29|
|Net Income ($mil)||4.73||3.7|
|Balance Sheet||Q2 FY14||Q2 FY13|
|Cash & Equiv. ($mil)||89.71||42.97|
|Total Assets ($mil)||316.38||283.64|
|Total Debt ($mil)||0.0||1.67|
|Profitability||Q2 FY14||Q2 FY13|
|Gross Profit Margin||74.0||75.49|
|Return on Assets||5.24||2.5|
|Return on Equity||5.8||2.83|
|Debt||Q2 FY14||Q2 FY13|
|Share Data||Q2 FY14||Q2 FY13|
|Shares outstanding (mil)||41.7||40.46|
|Div / share||0.0||0.0|
|Book value / share||6.85||6.19|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||215409.0||215558.0|
BUY. This stock's P/E ratio indicates a premium compared to an average of 40.57 for the Life Sciences Tools & Services industry and a significant premium compared to the S&P 500 average of 18.06. Conducting a second comparison, its price-to-book ratio of 2.81 indicates a premium versus the S&P 500 average of 2.49 and a significant discount versus the industry average of 5.90. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.
|LMNX 49.36||Peers 40.57||LMNX 18.94||Peers 22.91|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
LMNX is trading at a premium to its peers.
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.
LMNX is trading at a discount to its peers.
|LMNX 32.63||Peers 26.55||LMNX 0.25||Peers 1.14|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
LMNX is trading at a significant premium 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.
LMNX trades at a significant discount to its peers.
|LMNX 2.81||Peers 5.90||LMNX 129.41||Peers 62.18|
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.
LMNX is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
LMNX is expected to have an earnings growth rate that significantly exceeds its peers.
|LMNX 3.68||Peers 175.07||LMNX 2.37||Peers 30.96|
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.
LMNX is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
LMNX significantly trails its peers on the basis of sales growth
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