Silicom Ltd
Find Ratings ReportsSILICOM LTD's gross profit margin for the fourth quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Sales and net income fell significantly, underperforming compared to the average company in its subsector. SILICOM LTD is extremely liquid. Currently, the Quick Ratio is 6.21 which clearly shows the ability to cover any short-term cash needs. SILC 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 remained virtually unchanged only decreasing by 4.22% 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.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 18.76 | 45.19 |
EBITDA ($mil) | 0.0 | 0.0 |
EBIT ($mil) | -12.13 | 7.06 |
Net Income ($mil) | -11.51 | 5.62 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 54.93 | 34.75 |
Total Assets ($mil) | 191.19 | 216.2 |
Total Debt ($mil) | 5.95 | 7.84 |
Equity ($mil) | 171.72 | 179.3 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | -23.95 | 33.17 |
EBITDA Margin | 0.0 | 0.0 |
Operating Margin | -64.63 | 15.63 |
Sales Turnover | 0.65 | 0.7 |
Return on Assets | -1.54 | 8.46 |
Return on Equity | -1.72 | 10.21 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 10.49 | 5.67 |
Debt/Capital | 0.03 | 0.04 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 6.74 | 6.74 |
Div / share | 0.0 | 0.0 |
EPS | -1.76 | 0.82 |
Book value / share | 25.48 | 26.61 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 45283.0 | 48133.0 |
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 0.59 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 23.59. 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, SILICOM LTD proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILC NM | Peers 53.34 | SILC NA | Peers 44.47 | |||||||||||||||||||||
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. SILC's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures. Ratio not available. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
SILC 115.46 | Peers 26.06 | SILC NA | Peers 1.95 | |||||||||||||||||||||
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. SILC'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. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
SILC 0.59 | Peers 23.59 | SILC -118.58 | Peers 123.02 | |||||||||||||||||||||
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. SILC 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, SILC is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
SILC 0.81 | Peers 14.13 | SILC -17.57 | Peers 27.20 | |||||||||||||||||||||
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. SILC 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. SILC significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||