TransGlobe Energy CorpFind Ratings Reports
TRANSGLOBE ENERGY CORP's gross profit margin for the second quarter of its fiscal year 2017 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. TRANSGLOBE ENERGY CORP is extremely liquid. Currently, the Quick Ratio is 2.53 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 37.35% 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||Q2 FY17||Q2 FY16|
|Net Sales ($mil)||48.55||19.09|
|Net Income ($mil)||-56.62||-12.05|
|Balance Sheet||Q2 FY17||Q2 FY16|
|Cash & Equiv. ($mil)||21.64||124.31|
|Total Assets ($mil)||337.6||433.01|
|Total Debt ($mil)||83.73||70.64|
|Profitability||Q2 FY17||Q2 FY16|
|Gross Profit Margin||68.94||44.26|
|Return on Assets||-38.17||-25.43|
|Return on Equity||-59.77||-31.99|
|Debt||Q2 FY17||Q2 FY16|
|Share Data||Q2 FY17||Q2 FY16|
|Shares outstanding (mil)||72.21||72.21|
|Div / share||0.0||0.0|
|Book value / share||2.99||4.77|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||61331.0||81864.0|
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 0.41 indicates a significant discount versus the S&P 500 average of 3.11 and a significant discount versus the industry average of 452.14. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, TRANSGLOBE ENERGY CORP proves to trade at a discount to investment alternatives within the industry.
|TGA NM||Peers 54.34||TGA NM||Peers 11.51|
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.
TGA's P/E is negative making this valuation measure meaningless.
Neutral. 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.
TGA's P/CF is negative making the measure meaningless.
|TGA NA||Peers 53.83||TGA NA||Peers 0.55|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
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.
|TGA 0.41||Peers 452.14||TGA -14.64||Peers 184.92|
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.
TGA 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, TGA is expected to significantly trail its peers on the basis of its earnings growth rate.
|TGA 0.94||Peers 2.15||TGA 43.52||Peers 21.07|
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.
TGA is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
TGA has a sales growth rate that significantly exceeds its peers.