Sono-Tek Corporation
Find Ratings ReportsSONO-TEK CORP's gross profit margin for the third quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. The company has grown sales and net income significantly, outpacing the average growth rates of competitors within its subsector. SONO-TEK CORP is extremely liquid. Currently, the Quick Ratio is 2.17 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has increased by 10.89% 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 | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 5.69 | 3.59 |
EBITDA ($mil) | 0.87 | 0.23 |
EBIT ($mil) | 0.72 | 0.1 |
Net Income ($mil) | 0.69 | 0.11 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 12.59 | 11.25 |
Total Assets ($mil) | 22.68 | 19.48 |
Total Debt ($mil) | 0.0 | 0.0 |
Equity ($mil) | 16.07 | 14.49 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 54.04 | 54.52 |
EBITDA Margin | 15.28 | 6.52 |
Operating Margin | 12.67 | 2.87 |
Sales Turnover | 0.82 | 0.84 |
Return on Assets | 5.94 | 5.79 |
Return on Equity | 8.39 | 7.79 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 2.82 | 3.36 |
Debt/Capital | 0.0 | 0.0 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 15.75 | 15.74 |
Div / share | 0.0 | 0.0 |
EPS | 0.04 | 0.01 |
Book value / share | 1.02 | 0.92 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 12576.0 | 6323.0 |
HOLD. SONO-TEK CORP's P/E ratio indicates a significant premium compared to an average of 34.89 for the Machinery Manufacturing subsector and a significant premium compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 4.70 indicates valuation on par with the S&P 500 average of 4.68 and a significant discount versus the subsector average of 15.81. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOTK 68.57 | Peers 34.89 | SOTK 42.63 | Peers 35.56 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. SOTK is trading at a significant premium to its peers. |
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. SOTK is trading at a premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
SOTK 45.71 | Peers 25.65 | SOTK 0.55 | Peers 5.15 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. SOTK is trading at a significant premium to its peers. |
Discount. 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. SOTK trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
SOTK 4.70 | Peers 15.81 | SOTK 0.00 | Peers 20.44 | |||||||||||||||||||||
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. SOTK is trading at a significant discount to its peers. |
Neutral. Higher earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. The growth rate for SOTK is not available. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
SOTK 4.07 | Peers 8.34 | SOTK 13.34 | Peers 14.92 | |||||||||||||||||||||
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. SOTK 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. SOTK trails its peers on the basis of sales growth. |
|||||||||||||||||||||||