Cypress Semiconductor CorpFind Ratings Reports
CYPRESS SEMICONDUCTOR CORP's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the industry when comparing revenue growth, but not when comparing net income growth. CYPRESS SEMICONDUCTOR CORP has weak liquidity. Currently, the Quick Ratio is 0.66 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 23.59% 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 ($mil)||531.87||418.96|
|Net Income ($mil)||-45.78||-104.02|
|Balance Sheet||Q1 FY17||Q1 FY16|
|Cash & Equiv. ($mil)||125.18||90.95|
|Total Assets ($mil)||3806.91||3766.46|
|Total Debt ($mil)||1201.74||766.25|
|Profitability||Q1 FY17||Q1 FY16|
|Gross Profit Margin||41.39||42.88|
|Return on Assets||-16.49||-6.26|
|Return on Equity||-33.79||-9.7|
|Debt||Q1 FY17||Q1 FY16|
|Share Data||Q1 FY17||Q1 FY16|
|Shares outstanding (mil)||329.32||311.55|
|Div / share||0.11||0.11|
|Book value / share||5.64||7.81|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||7410775.0||6086420.0|
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. To use another comparison, its price-to-book ratio of 2.31 indicates a discount versus the S&P 500 average of 3.09 and a significant discount versus the industry average of 5.29. The price-to-sales ratio is similar to the S&P 500 average, but it is significantly below the industry average, indicating a discount. After reviewing these and other key valuation criteria, CYPRESS SEMICONDUCTOR CORP proves to trade at a discount to investment alternatives within the industry.
|CY NM||Peers 27.56||CY 18.43||Peers 18.89|
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.
CY's P/E is negative making this valuation measure meaningless.
Average. 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.
CY is trading at a valuation on par to its peers.
|CY 12.26||Peers 22.40||CY NA||Peers 1.23|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
CY is trading at a 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.
|CY 2.31||Peers 5.29||CY -167.56||Peers 14.91|
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.
CY 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, CY is expected to significantly trail its peers on the basis of its earnings growth rate.
|CY 2.10||Peers 5.19||CY 12.01||Peers 24.62|
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.
CY 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.
CY significantly trails its peers on the basis of sales growth