General Cable Corp

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BGC : NYSE : Industrial Goods
$15.77 | %
Today's Range: 0.00 - 0.00
Avg. Daily Volume: 632,400
08/24/16 - 4:02 PM ET

Financial Analysis


GENERAL CABLE CORP/DE's gross profit margin for the second quarter of its fiscal year 2016 has increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. GENERAL CABLE CORP/DE has weak liquidity. Currently, the Quick Ratio is 0.86 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.

During the same period, stockholders' equity ("net worth") has decreased by 21.07% 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 Q2 FY16 Q2 FY15
Net Sales ($mil)990.01113.4
EBITDA ($mil)56.478.8
EBIT ($mil)35.356.2
Net Income ($mil)29.8-6.9


Balance Sheet Q2 FY16 Q2 FY15
Cash & Equiv. ($mil)62.8102.3
Total Assets ($mil)2466.63090.1
Total Debt ($mil)1024.11187.4
Equity ($mil)270.8343.1


Profitability Q2 FY16 Q2 FY15
Gross Profit Margin14.5513.31
EBITDA Margin5.697.07
Operating Margin3.575.05
Sales Turnover1.581.61
Return on Assets-2.1-10.75
Return on Equity-18.94-97.9
Debt Q2 FY16 Q2 FY15
Current Ratio1.881.69
Debt/Capital0.790.78
Interest Expense22.725.3
Interest Coverage1.562.22


Share Data Q2 FY16 Q2 FY15
Shares outstanding (mil)49.2948.89
Div / share0.180.18
EPS0.68-0.03
Book value / share5.497.02
Institutional Own % n/a n/a
Avg Daily Volume652554.0760541.0

Valuation


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. To use another comparison, its price-to-book ratio of 2.81 indicates valuation on par with the S&P 500 average of 2.83 and a discount versus the industry average of 4.12. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, GENERAL CABLE CORP/DE proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
BGC NM Peers 23.98   BGC 8.87 Peers 13.42

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.

BGC'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.

BGC is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
BGC 11.79 Peers 19.93   BGC NA Peers 3.47

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

BGC is trading at a discount to its peers.

 

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.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
BGC 2.81 Peers 4.12   BGC 84.18 Peers -17.26

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.

BGC is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

BGC is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
BGC 0.20 Peers 2.04   BGC -21.67 Peers -0.83

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.

BGC 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.

BGC significantly trails its peers on the basis of sales growth

 

 

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