Quantum Corporation
Find Ratings ReportsQUANTUM CORP's gross profit margin for the first quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. QUANTUM CORP has weak liquidity. Currently, the Quick Ratio is 0.64 which 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 36.77% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q1 FY23 | Q1 FY22 |
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Net Sales ($mil) | 91.79 | 97.07 |
EBITDA ($mil) | -0.67 | -2.54 |
EBIT ($mil) | -4.52 | -6.23 |
Net Income ($mil) | -10.58 | -10.22 |
Balance Sheet | Q1 FY23 | Q1 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 25.67 | 26.78 |
Total Assets ($mil) | 210.48 | 221.67 |
Total Debt ($mil) | 120.62 | 102.95 |
Equity ($mil) | -94.08 | -68.79 |
Profitability | Q1 FY23 | Q1 FY22 |
---|---|---|
Gross Profit Margin | 42.26 | 38.87 |
EBITDA Margin | -0.72 | -2.61 |
Operating Margin | -4.92 | -6.41 |
Sales Turnover | 1.94 | 1.72 |
Return on Assets | -18.19 | -17.29 |
Return on Equity | 0.0 | 0.0 |
Debt | Q1 FY23 | Q1 FY22 |
---|---|---|
Current Ratio | 1.05 | 1.16 |
Debt/Capital | 4.55 | 3.01 |
Interest Expense | 3.2 | 1.93 |
Interest Coverage | -1.41 | -3.23 |
Share Data | Q1 FY23 | Q1 FY22 |
---|---|---|
Shares outstanding (mil) | 93.71 | 90.61 |
Div / share | 0.0 | 0.0 |
EPS | -0.11 | -0.13 |
Book value / share | -1.0 | -0.76 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 507395.0 | 356131.0 |
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. 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 subsector average, indicating a discount.
Price/Earnings |
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Price/Cash Flow |
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QMCO NM | Peers 53.34 | QMCO 17.27 | Peers 44.47 | |||||||||||||||||||||
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. QMCO's P/E is negative making this valuation measure meaningless. |
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. QMCO is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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QMCO NA | Peers 26.06 | QMCO NA | Peers 1.95 | |||||||||||||||||||||
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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QMCO NM | Peers 23.59 | QMCO 32.79 | Peers 123.02 | |||||||||||||||||||||
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. QMCO's P/B is negative making this valuation measure meaningless. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, QMCO 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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QMCO 0.14 | Peers 14.13 | QMCO 7.00 | Peers 27.20 | |||||||||||||||||||||
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. QMCO 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. QMCO significantly trails its peers on the basis of sales growth. |
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