JanOne Inc.Find Ratings Reports
JANONE INC's gross profit margin for the second quarter of its fiscal year 2019 is essentially unchanged when compared to the same period a year ago. Even though sales decreased, the net income has increased. JANONE INC has weak liquidity. Currently, the Quick Ratio is 0.56 which shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has decreased by 21.83% 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.
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||Q2 FY19||Q2 FY18|
|Net Sales ($mil)||7.6||8.37|
|Net Income ($mil)||-1.37||-1.38|
|Balance Sheet||Q2 FY19||Q2 FY18|
|Cash & Equiv. ($mil)||1.37||0.41|
|Total Assets ($mil)||33.48||36.44|
|Total Debt ($mil)||3.0||0.95|
|Profitability||Q2 FY19||Q2 FY18|
|Gross Profit Margin||37.17||37.53|
|Return on Assets||-18.38||-19.12|
|Return on Equity||-33.77||-1.74|
|Debt||Q2 FY19||Q2 FY18|
|Share Data||Q2 FY19||Q2 FY18|
|Shares outstanding (mil)||1.7||1.38|
|Div / share||0.0||0.0|
|Book value / share||10.75||16.96|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||425513.0||511314.0|
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 0.28 indicates a significant discount versus the S&P 500 average of 3.31 and a significant discount versus the subsector average of 6.89. 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 34.64||JAN NM||Peers 17.49|
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 31.38||JAN NA||Peers 4.80|
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 0.28||Peers 6.89||JAN -1120.00||Peers 1.23|
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 0.15||Peers 3.44||JAN -17.81||Peers 15.32|
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.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
JAN significantly trails its peers on the basis of sales growth.