JanOne, Inc.Find Ratings Reports
JANONE INC's gross profit margin for the third quarter of its fiscal year 2020 has increased 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 subsector when comparing revenue growth, but not when comparing net income growth. JANONE INC has very weak liquidity. Currently, the Quick Ratio is 0.31 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 68.42% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q3 FY20||Q3 FY19|
|Net Sales ($mil)||12.27||9.79|
|Net Income ($mil)||-0.81||-1.96|
|Balance Sheet||Q3 FY20||Q3 FY19|
|Cash & Equiv. ($mil)||0.64||0.64|
|Total Assets ($mil)||25.88||33.64|
|Total Debt ($mil)||6.94||5.49|
|Profitability||Q3 FY20||Q3 FY19|
|Gross Profit Margin||38.95||36.62|
|Return on Assets||-46.92||-20.37|
|Return on Equity||-230.22||-41.03|
|Debt||Q3 FY20||Q3 FY19|
|Share Data||Q3 FY20||Q3 FY19|
|Shares outstanding (mil)||1.83||1.92|
|Div / share||0.0||0.0|
|Book value / share||2.88||8.71|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||271867.0||487687.0|
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 1.96 indicates a significant discount versus the S&P 500 average of 4.08 and a significant discount versus the subsector average of 7.18. 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, JANONE INC proves to trade at a discount to investment alternatives.
|JAN NM||Peers 51.26||JAN NM||Peers 37.98|
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.
JAN'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.
JAN's P/CF is negative making the measure meaningless.
|JAN NA||Peers 34.44||JAN NA||Peers 8.45|
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.
|JAN 1.96||Peers 7.18||JAN -65.82||Peers -25.22|
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.
JAN 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, JAN is expected to significantly trail its peers on the basis of its earnings growth rate.
|JAN 0.29||Peers 5.04||JAN 9.75||Peers -1.05|
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.
JAN is trading at a significant discount to its subsector on this measurement.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
JAN has a sales growth rate that significantly exceeds its peers.