Southwest Gas Holdings Inc. (DE)
Find Ratings ReportsSOUTHWEST GAS HOLDINGS INC's gross profit margin for the fourth quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. SOUTHWEST GAS HOLDINGS INC has weak liquidity. Currently, the Quick Ratio is 0.59 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 8.21% 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 | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 1367.53 | 1420.89 |
EBITDA ($mil) | 249.29 | 297.1 |
EBIT ($mil) | 138.13 | 174.23 |
Net Income ($mil) | 72.87 | -280.58 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 106.54 | 123.08 |
Total Assets ($mil) | 11869.9 | 13196.61 |
Total Debt ($mil) | 5441.17 | 6127.91 |
Equity ($mil) | 3310.04 | 3058.76 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 18.23 | 20.91 |
EBITDA Margin | 18.22 | 20.9 |
Operating Margin | 10.1 | 12.26 |
Sales Turnover | 0.46 | 0.38 |
Return on Assets | 1.27 | -1.54 |
Return on Equity | 4.56 | -6.65 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.12 | 1.08 |
Debt/Capital | 0.62 | 0.67 |
Interest Expense | 73.61 | 76.81 |
Interest Coverage | 1.88 | 2.27 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 71.56 | 67.12 |
Div / share | 0.62 | 0.62 |
EPS | 1.01 | -4.18 |
Book value / share | 46.25 | 45.57 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 453836.0 | 453178.0 |
HOLD. The current P/E ratio indicates a significant premium compared to an average of 18.74 for the Utilities subsector and a premium compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 1.54 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 1.98. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount.
Price/Earnings |
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Price/Cash Flow |
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SWX 33.53 | Peers 18.74 | SWX 9.99 | Peers 8.50 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. SWX 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. SWX is trading at a premium to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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SWX 21.44 | Peers 14.78 | SWX 1.09 | Peers 1.44 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. SWX 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. SWX trades at a discount to its peers. |
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Price/Book |
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Earnings Growth |
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SWX 1.54 | Peers 1.98 | SWX 173.61 | Peers 132.20 | |||||||||||||||||||||
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. SWX is trading at a discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. SWX is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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SWX 0.94 | Peers 2.49 | SWX 9.55 | Peers 1.95 | |||||||||||||||||||||
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. SWX 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. SWX has a sales growth rate that significantly exceeds its peers. |
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