AquaBounty Technologies Inc.
Find Ratings ReportsAQUABOUNTY TECHNOLOGIES INC's gross profit margin for the third quarter of its fiscal year 2023 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. AQUABOUNTY TECHNOLOGIES INC has strong liquidity. Currently, the Quick Ratio is 1.53 which shows the ability to cover short-term cash needs.
During the same period, stockholders' equity ("net worth") has decreased by 12.44% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 0.73 | 0.65 |
EBITDA ($mil) | -5.53 | -5.02 |
EBIT ($mil) | -6.07 | -5.54 |
Net Income ($mil) | -6.14 | -5.44 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 16.77 | 127.01 |
Total Assets ($mil) | 192.55 | 222.69 |
Total Debt ($mil) | 8.73 | 8.57 |
Equity ($mil) | 173.19 | 197.81 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | -384.99 | -360.18 |
EBITDA Margin | -754.7 | -769.37 |
Operating Margin | -828.51 | -847.93 |
Sales Turnover | 0.01 | 0.01 |
Return on Assets | -13.08 | -9.94 |
Return on Equity | -14.55 | -11.2 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 1.97 | 7.81 |
Debt/Capital | 0.05 | 0.04 |
Interest Expense | 0.06 | 0.07 |
Interest Coverage | -94.89 | -76.9 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 3.85 | 3.56 |
Div / share | 0.0 | 0.0 |
EPS | -1.6 | -1.6 |
Book value / share | 45.02 | 55.63 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 44627.0 | 208740.0 |
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. For additional comparison, its price-to-book ratio of 0.05 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 19.07. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, AQUABOUNTY TECHNOLOGIES INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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AQB NM | Peers 85.83 | AQB NM | Peers 38.76 | |||||||||||||||||||||
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. AQB'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. AQB's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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AQB NM | Peers 18.08 | AQB NA | Peers 1.16 | |||||||||||||||||||||
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. AQB'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. |
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Price/Book |
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Earnings Growth |
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AQB 0.05 | Peers 19.07 | AQB -9.37 | Peers 12.58 | |||||||||||||||||||||
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. AQB 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, AQB 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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AQB 3.42 | Peers 84.44 | AQB -23.65 | Peers 42.35 | |||||||||||||||||||||
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. AQB 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. AQB significantly trails its peers on the basis of sales growth. |
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