Chicago Rivet & Machine Co.
Find Ratings ReportsCHICAGO RIVET & MACHINE CO's gross profit margin for the third quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. CHICAGO RIVET & MACHINE CO is extremely liquid. Currently, the Quick Ratio is 3.75 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 15.08% 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 | Q3 FY23 | Q3 FY22 |
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Net Sales ($mil) | 7.95 | 8.57 |
EBITDA ($mil) | -0.92 | 0.19 |
EBIT ($mil) | -1.23 | -0.13 |
Net Income ($mil) | -0.96 | 3.58 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 2.56 | 8.07 |
Total Assets ($mil) | 30.09 | 36.9 |
Total Debt ($mil) | 0.0 | 0.0 |
Equity ($mil) | 27.61 | 32.51 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 4.39 | 16.8 |
EBITDA Margin | -11.62 | 2.2 |
Operating Margin | -15.5 | -1.52 |
Sales Turnover | 1.05 | 0.94 |
Return on Assets | -13.86 | 11.54 |
Return on Equity | -15.11 | 13.11 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 8.14 | 7.17 |
Debt/Capital | 0.0 | 0.0 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 0.97 | 0.97 |
Div / share | 0.1 | 0.22 |
EPS | -1.0 | 3.71 |
Book value / share | 28.58 | 33.66 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2581.0 | 1801.0 |
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 0.52 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 5.58. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, CHICAGO RIVET & MACHINE CO proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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CVR NM | Peers 43.07 | CVR NM | Peers 25.53 | |||||||||||||||||||||
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. CVR'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. CVR's P/CF is negative making the measure meaningless. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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CVR NA | Peers 21.13 | CVR NA | Peers 2.46 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
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. |
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Price/Book |
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Earnings Growth |
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CVR 0.52 | Peers 5.58 | CVR -197.95 | Peers 31.55 | |||||||||||||||||||||
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. CVR 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, CVR is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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CVR 0.45 | Peers 3.60 | CVR -8.56 | Peers 9.90 | |||||||||||||||||||||
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. CVR is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. CVR significantly trails its peers on the basis of sales growth. |
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