Mexco Energy Corporation
Find Ratings ReportsMEXCO ENERGY CORP's gross profit margin for the third quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. MEXCO ENERGY CORP is extremely liquid. Currently, the Quick Ratio is 17.64 which clearly shows the ability to cover any short-term cash needs. MXC 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.
During the same period, stockholders' equity ("net worth") has increased by 9.14% 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 | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 1.66 | 2.58 |
EBITDA ($mil) | 0.92 | 1.81 |
EBIT ($mil) | 0.51 | 1.31 |
Net Income ($mil) | 0.35 | 1.25 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3.58 | 0.63 |
Total Assets ($mil) | 18.69 | 16.96 |
Total Debt ($mil) | 0.03 | 0.09 |
Equity ($mil) | 17.42 | 15.96 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 75.79 | 81.44 |
EBITDA Margin | 55.55 | 70.28 |
Operating Margin | 30.98 | 50.76 |
Sales Turnover | 0.38 | 0.56 |
Return on Assets | 10.64 | 28.02 |
Return on Equity | 11.42 | 29.78 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 17.85 | 10.99 |
Debt/Capital | 0.0 | 0.01 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 513.0 | 436.67 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 2.1 | 2.14 |
Div / share | 0.0 | 0.0 |
EPS | 0.16 | 0.56 |
Book value / share | 8.3 | 7.45 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2885.0 | 2811.0 |
HOLD. This stock's P/E ratio indicates a discount compared to an average of 13.78 for the Oil and Gas Extraction subsector and a significant discount compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 1.26 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 2.46. The price-to-sales ratio is above the S&P 500 average and well above the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, MEXCO ENERGY CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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MXC 11.66 | Peers 13.78 | MXC 3.99 | Peers 5.77 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. MXC is trading at a discount to its peers. |
Discount. 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. MXC is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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MXC NA | Peers 11.29 | MXC NA | Peers 8.64 | |||||||||||||||||||||
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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MXC 1.26 | Peers 2.46 | MXC -58.14 | Peers 5.25 | |||||||||||||||||||||
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. MXC 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, MXC 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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MXC 3.14 | Peers 2.48 | MXC -26.44 | Peers -8.61 | |||||||||||||||||||||
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. MXC is trading at a significant premium to its subsector. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. MXC significantly trails its peers on the basis of sales growth. |
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