Nanometrics IncorporatedFind Ratings Reports
NANOMETRICS INC's gross profit margin for the second quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. NANOMETRICS INC is extremely liquid. Currently, the Quick Ratio is 2.63 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 10.59% 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||Q2 FY16||Q2 FY15|
|Net Sales ($mil)||55.77||48.63|
|Net Income ($mil)||6.03||1.34|
|Balance Sheet||Q2 FY16||Q2 FY15|
|Cash & Equiv. ($mil)||95.98||74.79|
|Total Assets ($mil)||263.56||231.56|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q2 FY16||Q2 FY15|
|Gross Profit Margin||54.79||52.37|
|Return on Assets||3.22||-12.69|
|Return on Equity||4.16||-15.93|
|Debt||Q2 FY16||Q2 FY15|
|Share Data||Q2 FY16||Q2 FY15|
|Shares outstanding (mil)||24.69||24.06|
|Div / share||0.0||0.0|
|Book value / share||8.26||7.67|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||187148.0||100044.0|
BUY. NANOMETRICS INC's P/E ratio indicates a significant premium compared to an average of 41.69 for the Semiconductors & Semiconductor Equipment industry and a significant premium compared to the S&P 500 average of 25.30. To use another comparison, its price-to-book ratio of 2.48 indicates a discount versus the S&P 500 average of 2.83 and a significant discount versus the industry average of 4.32. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.
|NANO 60.15||Peers 41.69||NANO 22.78||Peers 18.25|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
NANO 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.
NANO is trading at a premium to its peers.
|NANO 16.04||Peers 19.44||NANO 0.08||Peers 2.67|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
NANO is trading at a valuation on par with its peers.
Discount. 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.
NANO trades at a significant discount to its peers.
|NANO 2.48||Peers 4.32||NANO 128.09||Peers -2.97|
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.
NANO is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
NANO is expected to have an earnings growth rate that significantly exceeds its peers.
|NANO 2.64||Peers 5.17||NANO 15.54||Peers 3.93|
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.
NANO is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
NANO has a sales growth rate that significantly exceeds its peers.