Novavax, Inc.Find Ratings Reports
NOVAVAX INC's gross profit margin for the second quarter of its fiscal year 2021 has significantly decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NOVAVAX INC has average liquidity. Currently, the Quick Ratio is 1.33 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 93.98% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q2 FY21||Q2 FY20|
|Net Sales ($mil)||298.02||35.54|
|Net Income ($mil)||-352.32||-17.52|
|Balance Sheet||Q2 FY21||Q2 FY20|
|Cash & Equiv. ($mil)||2121.28||609.07|
|Total Assets ($mil)||2749.59||932.23|
|Total Debt ($mil)||430.32||321.32|
|Profitability||Q2 FY21||Q2 FY20|
|Gross Profit Margin||-115.23||-39.81|
|Return on Assets||-34.54||-10.0|
|Return on Equity||-127.41||-24.26|
|Debt||Q2 FY21||Q2 FY20|
|Share Data||Q2 FY21||Q2 FY20|
|Shares outstanding (mil)||74.25||61.21|
|Div / share||0.0||0.0|
|Book value / share||10.04||6.28|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||5395133.0||4248034.0|
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 13.82 indicates a significant premium versus the S&P 500 average of 4.58 and a significant premium versus the subsector average of 10.64. 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, NOVAVAX INC proves to trade at a premium to investment alternatives.
|NVAX NM||Peers 32.36||NVAX 15.84||Peers 19.89|
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.
NVAX's P/E is negative making this valuation measure meaningless.
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.
NVAX is trading at a discount to its peers.
|NVAX 3.88||Peers 16.56||NVAX NA||Peers 0.34|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
NVAX's ratio is negative making this valuation measure meaningless.
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.
|NVAX 13.82||Peers 10.64||NVAX -398.54||Peers 246.84|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
NVAX is trading at a significant premium to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, NVAX is expected to significantly trail its peers on the basis of its earnings growth rate.
|NVAX 8.72||Peers 1701.29||NVAX 2252.65||Peers 1982.07|
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.
NVAX is trading at a significant discount to its subsector on this measurement.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
NVAX has a sales growth rate that exceeds its peers.