General Cable Corp

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BGC : NYSE : Industrial Goods
$19.2 up 0.05 | 0.26%
Today's Range: 19.15 - 19.75
Avg. Daily Volume: 444300.0
12/05/16 - 12:39 PM ET

Financial Analysis

GENERAL CABLE CORP/DE's gross profit margin for the third 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 0.99 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 10.78% 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 Q3 FY16 Q3 FY15
Net Sales ($mil)924.51096.4
EBITDA ($mil)64.966.4
EBIT ($mil)40.240.0
Net Income ($mil)-14.3-29.0

Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)120.278.9
Total Assets ($mil)2369.62722.7
Total Debt ($mil)993.01092.7
Equity ($mil)262.2293.9

Profitability Q3 FY16 Q3 FY15
Gross Profit Margin14.0613.13
EBITDA Margin7.026.05
Operating Margin4.353.65
Sales Turnover1.631.82
Return on Assets-1.56-8.71
Return on Equity-12.81-88.66
Debt Q3 FY16 Q3 FY15
Current Ratio1.991.82
Interest Expense22.523.2
Interest Coverage1.791.72

Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)49.348.89
Div / share0.180.18
Book value / share5.326.01
Institutional Own % n/a n/a
Avg Daily Volume400946.0644838.0


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. To use another comparison, its price-to-book ratio of 3.32 indicates a premium versus the S&P 500 average of 2.79 and a discount versus the industry average of 4.07. 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.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
BGC NM Peers 23.48   BGC 6.20 Peers 13.58

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 13.47 Peers 19.91   BGC NA Peers 5.23

Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.

BGC is trading at a valuation on par with 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 3.32 Peers 4.07   BGC 86.33 Peers -4.85

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 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.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
BGC 0.23 Peers 2.19   BGC -21.93 Peers -3.75

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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