Radiant Logistics Inc.
Find Ratings ReportsRADIANT LOGISTICS INC's gross profit margin for the second quarter of its fiscal year 2024 has increased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. RADIANT LOGISTICS INC has average liquidity. Currently, the Quick Ratio is 1.39 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 2.87% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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Income Statement | Q2 FY24 | Q2 FY23 |
---|---|---|
Net Sales ($mil) | 201.08 | 278.12 |
EBITDA ($mil) | 5.9 | 14.24 |
EBIT ($mil) | 1.54 | 7.32 |
Net Income ($mil) | 0.99 | 4.84 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 33.49 | 62.02 |
Total Assets ($mil) | 363.04 | 469.86 |
Total Debt ($mil) | 59.77 | 119.71 |
Equity ($mil) | 206.88 | 201.09 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | 30.83 | 26.62 |
EBITDA Margin | 2.93 | 5.11 |
Operating Margin | 0.76 | 2.63 |
Sales Turnover | 2.45 | 3.05 |
Return on Assets | 3.01 | 9.27 |
Return on Equity | 5.28 | 21.67 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 1.5 | 1.57 |
Debt/Capital | 0.22 | 0.37 |
Interest Expense | 0.82 | 0.85 |
Interest Coverage | 1.87 | 8.67 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 46.92 | 48.18 |
Div / share | 0.0 | 0.0 |
EPS | 0.02 | 0.1 |
Book value / share | 4.41 | 4.17 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 110596.0 | 129636.0 |
HOLD. The current P/E ratio indicates a significant discount compared to an average of 41.98 for the Support Activities for Transportation subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 1.21 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 5.42. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, RADIANT LOGISTICS INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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RLGT 25.48 | Peers 41.98 | RLGT 5.53 | Peers 15.99 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. RLGT is trading at a significant discount 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. RLGT 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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RLGT 9.22 | Peers 16.75 | RLGT 5.35 | Peers 1.13 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. RLGT is trading at a significant discount to its peers. |
Premium. 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. RLGT trades at a significant premium to its peers. |
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Price/Book |
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Earnings Growth |
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RLGT 1.21 | Peers 5.42 | RLGT -75.87 | Peers 37.58 | |||||||||||||||||||||
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. RLGT 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, RLGT 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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RLGT 0.28 | Peers 4.53 | RLGT -38.03 | Peers 21.80 | |||||||||||||||||||||
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. RLGT 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. RLGT significantly trails its peers on the basis of sales growth. |
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