Illumina Inc.
Find Ratings Reports
-4.72 |
-1.93%
ILLUMINA INC's gross profit margin for the first quarter of its fiscal year 2022 is essentially unchanged 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. ILLUMINA INC has average liquidity. Currently, the Quick Ratio is 1.37 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has greatly increased by 121.35% 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.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
| Income Statement | Q1 FY22 | Q1 FY21 |
|---|---|---|
| Net Sales ($mil) | 1223.0 | 1093.0 |
| EBITDA ($mil) | 259.0 | 393.0 |
| EBIT ($mil) | 168.0 | 345.0 |
| Net Income ($mil) | 86.0 | 147.0 |
| Balance Sheet | Q1 FY22 | Q1 FY21 |
|---|---|---|
| Cash & Equiv. ($mil) | 1416.0 | 4630.0 |
| Total Assets ($mil) | 15274.0 | 8755.0 |
| Total Debt ($mil) | 2615.0 | 2877.0 |
| Equity ($mil) | 10895.0 | 4922.0 |
| Profitability | Q1 FY22 | Q1 FY21 |
|---|---|---|
| Gross Profit Margin | 74.08 | 74.38 |
| EBITDA Margin | 21.17 | 35.95 |
| Operating Margin | 13.74 | 31.56 |
| Sales Turnover | 0.3 | 0.4 |
| Return on Assets | 4.58 | 7.19 |
| Return on Equity | 6.43 | 12.8 |
| Debt | Q1 FY22 | Q1 FY21 |
|---|---|---|
| Current Ratio | 1.85 | 4.45 |
| Debt/Capital | 0.19 | 0.37 |
| Interest Expense | 6.0 | 19.0 |
| Interest Coverage | 28.0 | 18.16 |
| Share Data | Q1 FY22 | Q1 FY21 |
|---|---|---|
| Shares outstanding (mil) | 157.0 | 146.0 |
| Div / share | 0.0 | 0.0 |
| EPS | 0.55 | 1.0 |
| Book value / share | 69.39 | 33.71 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 971869.0 | 1073440.0 |
HOLD. ILLUMINA INC's P/E ratio indicates a significant premium compared to an average of 31.04 for the Computer and Electronic Product Manufacturing subsector and a significant premium compared to the S&P 500 average of 19.71. To use another comparison, its price-to-book ratio of 3.47 indicates a discount versus the S&P 500 average of 3.78 and a significant discount versus the subsector average of 18.11. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. The valuation analysis reveals that, ILLUMINA INC seems to be trading at a premium to investment alternatives.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ILMN 52.34 | Peers 31.04 | ILMN 91.35 | Peers 23.68 | |||||||||||||||||||||
|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. ILMN is trading at a significant premium to its peers. |
Premium. 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. ILMN is trading at a significant premium to its peers. |
|||||||||||||||||||||||
| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| ILMN 46.21 | Peers 20.29 | ILMN NM | Peers 1.57 | |||||||||||||||||||||
|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. ILMN is trading at a significant premium 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. ILMN's negative PEG ratio makes this valuation measure meaningless. |
|||||||||||||||||||||||
| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| ILMN 3.47 | Peers 18.11 | ILMN 7.47 | Peers 58.69 | |||||||||||||||||||||
|
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. ILMN 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, ILMN is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| ILMN 8.12 | Peers 6.59 | ILMN 34.06 | Peers 24.48 | |||||||||||||||||||||
|
Premium. 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. ILMN is trading at a premium to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. ILMN has a sales growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
