Superior Drilling Products, Inc.Find Ratings Reports
SUPERIOR DRILLING PRODUCTS's gross profit margin for the third quarter of its fiscal year 2021 has significantly 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. SUPERIOR DRILLING PRODUCTS has average liquidity. Currently, the Quick Ratio is 1.03 which shows that technically this company has the 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 decreased by 23.79% 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||Q3 FY21||Q3 FY20|
|Net Sales ($mil)||3.56||1.55|
|Net Income ($mil)||-0.01||-1.73|
|Balance Sheet||Q3 FY21||Q3 FY20|
|Cash & Equiv. ($mil)||2.47||1.41|
|Total Assets ($mil)||13.23||13.15|
|Total Debt ($mil)||6.78||6.84|
|Profitability||Q3 FY21||Q3 FY20|
|Gross Profit Margin||59.52||43.73|
|Return on Assets||-13.83||-20.15|
|Return on Equity||-51.12||-56.41|
|Debt||Q3 FY21||Q3 FY20|
|Share Data||Q3 FY21||Q3 FY20|
|Shares outstanding (mil)||26.43||25.44|
|Div / share||0.0||0.0|
|Book value / share||0.14||0.18|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||3022968.0||162045.0|
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 7.09 indicates a significant premium versus the S&P 500 average of 4.73 and a significant discount versus the subsector average of 11.50. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, SUPERIOR DRILLING PRODUCTS proves to trade at a discount to investment alternatives.
|SDPI NM||Peers 34.85||SDPI 169.91||Peers 24.48|
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.
SDPI's P/E is negative making this valuation measure meaningless.
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.
SDPI is trading at a significant premium to its peers.
|SDPI NM||Peers 25.82||SDPI NA||Peers 0.74|
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.
SDPI'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.
|SDPI 7.09||Peers 11.50||SDPI 36.37||Peers 107.42|
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.
SDPI 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, SDPI is expected to significantly trail its peers on the basis of its earnings growth rate.
|SDPI 2.32||Peers 6.20||SDPI -17.67||Peers 25.15|
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.
SDPI 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.
SDPI significantly trails its peers on the basis of sales growth.