IDT Corporation Class B
Find Ratings ReportsIDT CORP's gross profit margin for the second quarter of its fiscal year 2024 has increased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. IDT CORP has average liquidity. Currently, the Quick Ratio is 1.14 which shows that technically this company has the 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 increased by 12.56% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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Income Statement | Q2 FY24 | Q2 FY23 |
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Net Sales ($mil) | 296.1 | 313.94 |
EBITDA ($mil) | 21.76 | 23.39 |
EBIT ($mil) | 16.66 | 18.38 |
Net Income ($mil) | 14.43 | 14.62 |
Balance Sheet | Q2 FY24 | Q2 FY23 |
---|---|---|
Cash & Equiv. ($mil) | 270.81 | 246.67 |
Total Assets ($mil) | 521.78 | 500.51 |
Total Debt ($mil) | 5.26 | 7.16 |
Equity ($mil) | 211.78 | 188.14 |
Profitability | Q2 FY24 | Q2 FY23 |
---|---|---|
Gross Profit Margin | 33.34 | 29.16 |
EBITDA Margin | 7.34 | 7.44 |
Operating Margin | 5.63 | 5.85 |
Sales Turnover | 2.3 | 2.58 |
Return on Assets | 7.08 | 9.51 |
Return on Equity | 17.45 | 25.32 |
Debt | Q2 FY24 | Q2 FY23 |
---|---|---|
Current Ratio | 1.43 | 1.3 |
Debt/Capital | 0.02 | 0.04 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q2 FY24 | Q2 FY23 |
---|---|---|
Shares outstanding (mil) | 25.36 | 25.53 |
Div / share | 0.0 | 0.0 |
EPS | 0.57 | 0.57 |
Book value / share | 8.35 | 7.37 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 80060.0 | 148076.0 |
BUY. The current P/E ratio indicates a premium compared to an average of 18.90 for the Telecommunications subsector and a value on par with the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 4.54 indicates valuation on par with the S&P 500 average of 4.68 and a significant premium when compared to the subsector average of 2.06. 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, IDT CORP proves to trade at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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IDT 26.14 | Peers 18.90 | IDT 16.38 | Peers 17.10 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. IDT is trading at a significant premium to its peers. |
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. IDT is trading at a valuation on par to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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IDT NA | Peers 10.66 | IDT NA | Peers 0.70 | |||||||||||||||||||||
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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IDT 4.54 | Peers 2.06 | IDT -21.20 | Peers 102.71 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. IDT is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, IDT 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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IDT 0.80 | Peers 1.91 | IDT -7.14 | Peers 5.82 | |||||||||||||||||||||
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. IDT 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. IDT significantly trails its peers on the basis of sales growth. |
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