General Cable Corp

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BGC : NYSE : Industrial Goods
$16.925 up 0.075 | 0.45%
Today's Range: 16.425 - 16.95
Avg. Daily Volume: 499400.0
05/26/17 - 3:50 PM ET

Financial Analysis

GENERAL CABLE CORP/DE's gross profit margin for the first quarter of its fiscal year 2017 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 0.92 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.

At the same time, stockholders' equity ("net worth") has significantly decreased by 32.85% 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 FY17 Q1 FY16
Net Sales ($mil)918.21002.7
EBITDA ($mil)60.261.0
EBIT ($mil)41.140.1
Net Income ($mil)12.4-4.7

Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)83.486.5
Total Assets ($mil)2293.82587.4
Total Debt ($mil)1052.51146.6
Equity ($mil)165.3246.2

Profitability Q1 FY17 Q1 FY16
Gross Profit Margin15.2714.4
EBITDA Margin6.556.08
Operating Margin4.484.0
Sales Turnover1.651.68
Return on Assets-3.34-3.42
Return on Equity-46.4-37.65
Debt Q1 FY17 Q1 FY16
Current Ratio2.011.88
Interest Expense20.721.9
Interest Coverage1.991.83

Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)49.6249.24
Div / share0.180.18
Book value / share3.335.0
Institutional Own % n/a n/a
Avg Daily Volume502284.0530227.0


HOLD. 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. Conducting a second comparison, its price-to-book ratio of 4.65 indicates a significant premium versus the S&P 500 average of 3.00 and a premium versus the industry average of 4.13. 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 premium to investment alternatives within the industry.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
BGC NM Peers 23.28   BGC 7.16 Peers 55.62

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.

1 2 3 4 5
premium   discount
  Price to
1 2 3 4 5
premium   discount
BGC 9.60 Peers 20.17   BGC NA Peers 1.75

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 significant 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.

1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
BGC 4.65 Peers 4.13   BGC 16.85 Peers 5.41

Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

BGC is trading at a premium 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.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
BGC 0.20 Peers 2.46   BGC -13.17 Peers -2.01

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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