NOVADAQ TECHNOLOGIES INC's gross profit margin for the first quarter of its fiscal year 2015 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. NOVADAQ TECHNOLOGIES INC is extremely liquid. Currently, the Quick Ratio is 17.33 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.46% 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||Q1 FY15||Q1 FY14|
|Net Sales ($mil)||11.69||10.3|
|Net Income ($mil)||-11.29||-16.11|
|Balance Sheet||Q1 FY15||Q1 FY14|
|Cash & Equiv. ($mil)||133.01||177.16|
|Total Assets ($mil)||190.63||208.24|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q1 FY15||Q1 FY14|
|Gross Profit Margin||78.03||77.07|
|Return on Assets||-10.24||-17.03|
|Return on Equity||-12.34||-22.1|
|Debt||Q1 FY15||Q1 FY14|
|Share Data||Q1 FY15||Q1 FY14|
|Shares outstanding (mil)||56.16||55.09|
|Div / share||0.0||0.0|
|Book value / share||2.82||2.91|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||533891.0||257178.0|
SELL. This stock?s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 4.32 indicates a premium versus the S&P 500 average of 2.84 and a significant discount versus the industry average of 6.40. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, NOVADAQ TECHNOLOGIES INC seems to be trading at a premium to investment alternatives within the industry.
|NVDQ NM||Peers 35.91||NVDQ NM||Peers 24.58|
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.
NVDQ's P/E is negative making this valuation measure meaningless.
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.
NVDQ's P/CF is negative making the measure meaningless.
|NVDQ NA||Peers 24.49||NVDQ NA||Peers 1.00|
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.
|NVDQ 4.32||Peers 6.40||NVDQ 4.35||Peers -1.09|
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.
NVDQ 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.
NVDQ is expected to have an earnings growth rate that significantly exceeds its peers.
|NVDQ 14.24||Peers 6.07||NVDQ 26.16||Peers 10.85|
Premium. 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.
NVDQ is trading at a significant premium to its industry.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
NVDQ has a sales growth rate that significantly exceeds its peers.
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