Nanometrics IncFind Ratings Reports
NANOMETRICS INC's gross profit margin for the third quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income significantly, outpacing the average growth rates of competitors within its industry. NANOMETRICS INC is extremely liquid. Currently, the Quick Ratio is 3.48 which clearly shows the ability to cover any short-term cash needs. NANO 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 15.35% 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 FY16||Q3 FY15|
|Net Sales ($mil)||58.71||45.68|
|Net Income ($mil)||7.88||0.82|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||118.53||84.63|
|Total Assets ($mil)||265.61||239.14|
|Total Debt ($mil)||0.0||0.0|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||55.42||53.56|
|Return on Assets||5.86||0.03|
|Return on Equity||7.18||0.04|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||24.9||24.18|
|Div / share||0.0||0.0|
|Book value / share||8.7||7.77|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||185895.0||140581.0|
BUY. This stock's P/E ratio indicates a premium compared to an average of 32.67 for the Semiconductors & Semiconductor Equipment industry and a significant premium compared to the S&P 500 average of 25.49. To use another comparison, its price-to-book ratio of 2.90 indicates valuation on par with the S&P 500 average of 2.84 and a significant discount versus the industry average of 4.52. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.
|NANO 40.73||Peers 32.67||NANO 18.88||Peers 18.82|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
NANO is trading at a premium to its peers.
Average. 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 valuation on par to its peers.
|NANO 20.87||Peers 19.26||NANO 0.05||Peers 1.90|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
NANO is trading at a significant premium to 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 2.90||Peers 4.52||NANO 6100.00||Peers 17.50|
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 3.07||Peers 4.66||NANO 10.99||Peers 12.67|
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.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
NANO trails its peers on the basis of sales growth