iCAD, Inc.Find Ratings Reports
ICAD INC's gross profit margin for the second quarter of its fiscal year 2021 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. ICAD INC is extremely liquid. Currently, the Quick Ratio is 3.44 which clearly shows the ability to cover any short-term cash needs. ICAD managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
At the same time, stockholders' equity ("net worth") has greatly increased by 92.61% 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||Q2 FY21||Q2 FY20|
|Net Sales ($mil)||7.83||5.57|
|Net Income ($mil)||-3.28||-2.4|
|Balance Sheet||Q2 FY21||Q2 FY20|
|Cash & Equiv. ($mil)||37.89||24.23|
|Total Assets ($mil)||66.56||47.91|
|Total Debt ($mil)||1.5||9.25|
|Profitability||Q2 FY21||Q2 FY20|
|Gross Profit Margin||71.77||80.03|
|Return on Assets||-12.5||-42.81|
|Return on Equity||-16.31||-77.43|
|Debt||Q2 FY21||Q2 FY20|
|Share Data||Q2 FY21||Q2 FY20|
|Shares outstanding (mil)||25.03||22.87|
|Div / share||0.0||0.0|
|Book value / share||2.04||1.16|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||187578.0||116154.0|
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. Conducting a second comparison, its price-to-book ratio of 5.23 indicates a premium versus the S&P 500 average of 4.43 and a significant discount versus the subsector average of 9.69. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, ICAD INC proves to trade at a discount to investment alternatives.
|ICAD NM||Peers 129.20||ICAD NM||Peers 71.03|
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.
ICAD'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.
ICAD's P/CF is negative making the measure meaningless.
|ICAD NM||Peers 71.23||ICAD NA||Peers 1.70|
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.
ICAD'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.
|ICAD 5.23||Peers 9.69||ICAD 65.69||Peers -23.27|
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.
ICAD is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
ICAD is expected to have an earnings growth rate that significantly exceeds its peers.
|ICAD 7.84||Peers 19.61||ICAD 15.98||Peers 67.76|
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.
ICAD 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.
ICAD significantly trails its peers on the basis of sales growth.