NeuroMetrix, Inc.Find Ratings Reports
NEUROMETRIX INC's gross profit margin for the second quarter of its fiscal year 2021 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. NEUROMETRIX INC is extremely liquid. Currently, the Quick Ratio is 5.57 which clearly shows the ability to cover any short-term cash needs. NURO 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.
At the same time, stockholders' equity ("net worth") has greatly increased by 60.95% 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 FY21||Q2 FY20|
|Net Sales ($mil)||2.21||1.36|
|Net Income ($mil)||-0.53||-0.85|
|Balance Sheet||Q2 FY21||Q2 FY20|
|Cash & Equiv. ($mil)||8.36||5.44|
|Total Assets ($mil)||10.77||8.61|
|Total Debt ($mil)||0.81||1.29|
|Profitability||Q2 FY21||Q2 FY20|
|Gross Profit Margin||77.37||65.29|
|Return on Assets||-10.9||-46.13|
|Return on Equity||-13.29||-72.33|
|Debt||Q2 FY21||Q2 FY20|
|Share Data||Q2 FY21||Q2 FY20|
|Shares outstanding (mil)||5.05||3.79|
|Div / share||0.0||0.0|
|Book value / share||1.75||1.45|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1.0433043E7||105609.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. To use another comparison, its price-to-book ratio of 6.82 indicates a significant premium versus the S&P 500 average of 4.62 and a significant discount versus the subsector average of 10.73. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, NEUROMETRIX INC proves to trade at a discount to investment alternatives.
|NURO NM||Peers 83.86||NURO NM||Peers 44.57|
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.
NURO'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.
NURO's P/CF is negative making the measure meaningless.
|NURO NA||Peers 78.05||NURO NA||Peers 0.62|
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.
|NURO 6.82||Peers 10.73||NURO 89.67||Peers 166.33|
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.
NURO 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, NURO is expected to significantly trail its peers on the basis of its earnings growth rate.
|NURO 7.33||Peers 15.61||NURO 12.11||Peers 25.95|
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.
NURO 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.
NURO significantly trails its peers on the basis of sales growth.