Praxair IncFind Ratings Reports
PRAXAIR 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. Even though sales increased, the net income has decreased. PRAXAIR INC has weak liquidity. Currently, the Quick Ratio is 0.96 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 23.00% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||2716.0||2686.0|
|Net Income ($mil)||339.0||401.0|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||627.0||136.0|
|Total Assets ($mil)||19886.0||18456.0|
|Total Debt ($mil)||9842.0||9517.0|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||43.56||44.6|
|Return on Assets||7.62||7.73|
|Return on Equity||28.9||33.46|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||285.39||284.85|
|Div / share||0.75||0.72|
|Book value / share||18.38||14.97|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1333065.0||1225217.0|
BUY. This stock's P/E ratio indicates a discount compared to an average of 29.92 for the Chemicals industry and a discount compared to the S&P 500 average of 25.41. Conducting a second comparison, its price-to-book ratio of 6.32 indicates a significant premium versus the S&P 500 average of 2.83 and a premium versus the industry average of 5.46. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium.
|PX 21.99||Peers 29.92||PX 11.67||Peers 14.66|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
PX is trading at a significant 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.
PX is trading at a discount to its peers.
|PX 19.51||Peers 21.05||PX 9.09||Peers 2.07|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
PX is trading at a valuation on par with its peers.
Premium. 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.
PX trades at a significant premium to its peers.
|PX 6.32||Peers 5.46||PX 7.31||Peers -12.11|
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.
PX is trading at a premium to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
PX is expected to have an earnings growth rate that significantly exceeds its peers.
|PX 3.16||Peers 2.30||PX -6.15||Peers -5.56|
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.
PX is trading at a significant premium to its industry.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
PX significantly trails its peers on the basis of sales growth