General Cable CorpFind Ratings Reports
GENERAL CABLE CORP/DE's gross profit margin for the second quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its industry. GENERAL CABLE CORP/DE has weak liquidity. Currently, the Quick Ratio is 0.97 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 55.61% 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 FY17||Q2 FY16|
|Net Sales ($mil)||943.1||1021.2|
|Net Income ($mil)||-70.8||29.8|
|Balance Sheet||Q2 FY17||Q2 FY16|
|Cash & Equiv. ($mil)||96.6||62.8|
|Total Assets ($mil)||2277.0||2466.6|
|Total Debt ($mil)||1083.0||1024.1|
|Profitability||Q2 FY17||Q2 FY16|
|Gross Profit Margin||12.96||13.95|
|Return on Assets||-7.78||-2.1|
|Return on Equity||-147.5||-19.12|
|Debt||Q2 FY17||Q2 FY16|
|Share Data||Q2 FY17||Q2 FY16|
|Shares outstanding (mil)||49.76||49.29|
|Div / share||0.18||0.18|
|Book value / share||2.42||5.49|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||640777.0||487181.0|
HOLD. 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. For additional comparison, its price-to-book ratio of 7.84 indicates a significant premium versus the S&P 500 average of 3.10 and a significant premium versus the industry average of 4.50. 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.
|BGC NM||Peers 24.00||BGC 14.90||Peers 17.44|
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 discount to its peers.
|BGC 18.95||Peers 20.83||BGC NA||Peers 1.82|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
BGC is trading at a premium 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.
|BGC 7.84||Peers 4.50||BGC -224.54||Peers 11.27|
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 significant premium to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, BGC is expected to significantly trail its peers on the basis of its earnings growth rate.
|BGC 0.26||Peers 2.38||BGC -9.27||Peers 0.71|
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