Textron Inc.
Find Ratings ReportsTEXTRON INC's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.77% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 3892.0 | 3636.0 |
EBITDA ($mil) | 418.0 | 317.0 |
EBIT ($mil) | 315.0 | 208.0 |
Net Income ($mil) | 198.0 | 226.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 2181.0 | 2035.0 |
Total Assets ($mil) | 16856.0 | 16293.0 |
Total Debt ($mil) | 4255.0 | 3937.0 |
Equity ($mil) | 6987.0 | 7113.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 19.17 | 18.21 |
EBITDA Margin | 10.73 | 8.71 |
Operating Margin | 8.09 | 5.72 |
Sales Turnover | 0.81 | 0.79 |
Return on Assets | 5.46 | 5.28 |
Return on Equity | 13.2 | 12.12 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.38 | 0.36 |
Interest Expense | 19.0 | 33.0 |
Interest Coverage | 16.58 | 6.3 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 192.9 | 206.16 |
Div / share | 0.02 | 0.02 |
EPS | 1.01 | 1.07 |
Book value / share | 36.22 | 34.5 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1151760.0 | 1373977.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 23.30 for the Transportation Equipment Manufacturing subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 2.55 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 4.90. 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, TEXTRON INC proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
TXT 20.14 | Peers 23.30 | TXT 14.06 | Peers 20.65 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. TXT is trading at a 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. TXT is trading at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
TXT 13.24 | Peers 16.58 | TXT 0.52 | Peers 2.67 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. TXT is trading at a discount 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. TXT trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
TXT 2.55 | Peers 4.90 | TXT 14.21 | Peers 54.33 | |||||||||||||||||||||
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. TXT 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, TXT is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
TXT 1.30 | Peers 3.84 | TXT 6.32 | Peers 19.37 | |||||||||||||||||||||
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. TXT 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. TXT significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||