OCZ TECHNOLOGY GROUP INC's gross profit margin for the second quarter of its fiscal year 2013 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. OCZ TECHNOLOGY GROUP INC has very weak liquidity. Currently, the Quick Ratio is 0.33 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 110.08% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q2 FY13||Q2 FY12|
|Net Sales ($mil)||33.5||88.6|
|Net Income ($mil)||-26.05||-33.18|
|Balance Sheet||Q2 FY13||Q2 FY12|
|Cash & Equiv. ($mil)||10.58||32.04|
|Total Assets ($mil)||60.28||241.28|
|Total Debt ($mil)||17.05||20.0|
|Profitability||Q2 FY13||Q2 FY12|
|Gross Profit Margin||8.66||-3.39|
|Return on Assets||-178.17||-69.46|
|Return on Equity||0.0||-187.06|
|Debt||Q2 FY13||Q2 FY12|
|Share Data||Q2 FY13||Q2 FY12|
|Shares outstanding (mil)||68.21||67.65|
|Div / share||0.0||0.0|
|Book value / share||-0.13||1.32|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||4383983.0||1236233.0|
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. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.
|OCZ NM||Peers 17.57||OCZ NM||Peers 12.18|
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.
OCZ'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.
OCZ's P/CF is negative making the measure meaningless.
|OCZ NM||Peers 14.36||OCZ NA||Peers 1.21|
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.
OCZ'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.
|OCZ NM||Peers 4.19||OCZ 44.53||Peers -0.65|
Neutral. 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.
OCZ's P/B is negative making this valuation measure meaningless.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
OCZ is expected to have an earnings growth rate that significantly exceeds its peers.
|OCZ 0.01||Peers 2.92||OCZ -23.05||Peers 8.48|
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.
OCZ 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.
OCZ significantly trails its peers on the basis of sales growth
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