CARBO Ceramics Inc.Find Ratings Reports
CARBO CERAMICS INC's gross profit margin for the first quarter of its fiscal year 2018 has significantly increased when compared to the same period a year ago. Even though it increased sales and net income significantly, the company was unable to grow at a faster pace than its industry competitors. CARBO CERAMICS INC is extremely liquid. Currently, the Quick Ratio is 2.55 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 34.98% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q1 FY18||Q1 FY17|
|Net Sales ($mil)||49.37||34.67|
|Net Income ($mil)||-22.27||-32.44|
|Balance Sheet||Q1 FY18||Q1 FY17|
|Cash & Equiv. ($mil)||66.28||61.09|
|Total Assets ($mil)||517.18||691.3|
|Total Debt ($mil)||87.91||72.96|
|Profitability||Q1 FY18||Q1 FY17|
|Gross Profit Margin||-2.01||-21.85|
|Return on Assets||-46.97||-12.71|
|Return on Equity||-63.27||-14.88|
|Debt||Q1 FY18||Q1 FY17|
|Share Data||Q1 FY18||Q1 FY17|
|Shares outstanding (mil)||27.41||27.14|
|Div / share||0.0||0.0|
|Book value / share||14.01||21.76|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||500365.0||775934.0|
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 0.60 indicates a significant discount versus the S&P 500 average of 3.29 and a significant discount versus the industry average of 2.99. 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, CARBO CERAMICS INC proves to trade at a discount to investment alternatives within the industry.
|CRR NM||Peers 50.27||CRR NM||Peers 19.86|
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.
CRR'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.
CRR's P/CF is negative making the measure meaningless.
|CRR NM||Peers 80.23||CRR NA||Peers 0.37|
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.
CRR'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.
|CRR 0.60||Peers 2.99||CRR -161.49||Peers 99.27|
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.
CRR 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, CRR is expected to significantly trail its peers on the basis of its earnings growth rate.
|CRR 1.14||Peers 2.37||CRR 94.47||Peers 33.12|
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.
CRR is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
CRR has a sales growth rate that significantly exceeds its peers.