Valeo SE - FR.PA

FR.PA Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
FR.PA	-1.7	0.0	14.9	22.2	12.3	-9.7	-57.1	-59.7	-74.0	-8.8
S&P 500	-0.5	1.2	2.9	5.4	13.0	21.8	31.6	85.9	198.9	34104.6

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	FR.PA
name	Valeo SE
price	10.825
changes percentage	-1.6803
change	-0.185
day low	10.8
day high	11.06
year high	13.495
year low	7.378
market cap	2629877752
price avg 50	9.26288
price avg 200	9.954055
exchange	EURONEXT
volume	1066548
avg volume	1245736
open	11.03
previous close	11.01
eps	0.99
pe	10.93
earnings announcement	2025-02-27T15:00:00.000+0000
shares outstanding	242944827
timestamp	2025-01-31 16:37:37

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 48.7%

Overall Quarterly Financial Health: 54.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	22044000000	20037000000	10.02
gross profit	3951000000	2580000000	53.14
gross profit ratio	0.18	0.13	39.20
research and development expenses	2029000000	1433000000	41.59
operating expenses	3280000000	2112000000	55.30
interest income	97000000	58000000	67.24
interest expense	370000000	184000000	101.09
ebitda	2552000000	2351000000	8.55
ebitdaratio	0.12	0.11	1.47
operating income	792000000	468000000	69.23
operating income ratio	0.04	0.02	53.82
net income	221000000	230000000	-3.91
net income ratio	0.01	0.01	-12.66
eps	0.9	0.95	-5.26

Overall Score of Annual Income Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 22,044 million in 2023 from 20,037 million in 2022 representing a change of 10.02%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 3,951 million in 2023 from 2,580 million in 2022 representing a change of 53.14%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 2,029 million in 2023 from 1,433 million in 2022 representing a change of 41.59%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 2,552 million in 2023 from 2,351 million in 2022 representing a change of 8.55%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 792 million in 2023 from 468 million in 2022 representing a change of 69.23%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3,280 million in 2023 from 2,112 million in 2022 representing a change of 55.3%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Net Income: Net income decreased to 221 million in 2023 from 230 million in 2022 representing a change of -3.91%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.9 in 2023 from 0.9 in 2022 representing a change of -5.26%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	11117000000	10832000000	2.63
gross profit	2055000000	1615000000	27.24
gross profit ratio	0.18	0.15	23.98
research and development expenses	1142000000	805000000	41.86
operating expenses	1675000000	1198000000	39.82
interest income	0	64000000	-100.00
interest expense	123000000	195000000	-36.92
ebitda	1054000000	1321000000	-20.21
ebitdaratio	0.09	0.12	-22.14
operating income	430000000	417000000	3.12
operating income ratio	0.04	0.04	0.47
net income	141000000	102000000	38.24
net income ratio	0.01	0.01	34.69
eps	0.58	0.42	38.10

Overall Score of Quarterly Income Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 11,117 million in 2024Q2 from 10,832 million in 2023Q4 representing a change of 2.63%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 2,055 million in 2024Q2 from 1,615 million in 2023Q4 representing a change of 27.24%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 430 million in 2024Q2 from 417 million in 2023Q4 representing a change of 3.12%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 141 million in 2024Q2 from 102 million in 2023Q4 representing a change of 38.24%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.58 in 2024Q2 from 0.58 in 2023Q4 representing a change of 38.1%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Research and Development (R&D) Expenses: R&D Expenses decreased to 1,142 million in 2024Q2 from 805 million in 2023Q4 representing a change of 41.86%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 1,675 million in 2024Q2 from 1,198 million in 2023Q4 representing a change of 39.82%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 1,054 million in 2024Q2 from 1,321 million in 2023Q4 representing a change of -20.21%. The decrease in EBITDA indicates declined operational efficiency and profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	21756000000	22029000000	-1.24
total liabilities	17396000000	17297000000	0.57
total equity	4360000000	4612000000	-5.46
cash and cash equivalents	3025000000	3329000000	-9.13
short term investments	112000000	85000000	31.76
long term investments	469000000	560000000	-16.25
total current assets	9372000000	9504000000	-1.39
total non current assets	12384000000	12525000000	-1.13
total current liabilities	10848000000	10694000000	1.44
total non current liabilities	6548000000	6603000000	-0.83
common stock	245000000	244000000	0.41
retained earnings	1905000000	1830000000	4.10
total debt	7071000000	7277000000	-2.83

Overall Score of Annual Balance Sheet

0.4 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 21,756 million in 2023 from 22,029 million in 2022 representing a change of -1.24%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 17,396 million in 2023 from 17,297 million in 2022 representing a change of 0.57%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 4,360 million in 2023 from 4,612 million in 2022 representing a change of -5.46%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 3,025 million in 2023 from 3,329 million in 2022 representing a change of -9.13%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 9,372 million in 2023 from 9,504 million in 2022 representing a change of -1.39%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 10,848 million in 2023 from 10,694 million in 2022 representing a change of 1.44%. This indicates a higher short-term debt burden.

• 📈 Positive Indicators

  Short Term Investments: Short Term Investments increased to 112 million in 2023 from 85 million in 2022 representing a change of 31.76%. This indicates an increase in short-term investment holdings.

  Common Stock: Common Stock increased to 245 in 2023 from 244 in 2022 representing a change of 0.41%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 1,905 million in 2023 from 1,830 million in 2022 representing a change of 4.1%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 7,071 million in 2023 from 7,277 million in 2022 representing a change of -2.83%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	21656000000	21756000000	-0.46
total liabilities	17244000000	17257000000	-0.08
total equity	4412000000	4360000000	1.19
cash and cash equivalents	2996000000	3025000000	-0.96
short term investments	23000000	112000000	-79.46
long term investments	428000000	469000000	-8.74
total current assets	9077000000	9372000000	-3.15
total non current assets	12579000000	12384000000	1.57
total current liabilities	10828000000	10848000000	-0.18
total non current liabilities	6416000000	6409000000	0.11
common stock	245000000	245000000	0.00
retained earnings	1965000000	1905000000	3.15
total debt	7036000000	6986000000	0.72

Overall Score of Quarterly Balance Sheet

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 21,656 million in 2024Q2 from 21,756 million in 2023Q4 representing a change of -0.46%. Suggesting a decrease in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2,996 million in 2024Q2 from 3,025 million in 2023Q4 representing a change of -0.96%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 23 million in 2024Q2 from 112 million in 2023Q4 representing a change of -79.46%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 9,077 million in 2024Q2 from 9,372 million in 2023Q4 representing a change of -3.15%. This indicates a worsen liquidity position.

  Total Debt: Total Debt increased to 7,036 million in 2024Q2 from 6,986 million in 2023Q4 representing a change of 0.72%. This indicates an increase in overall debt burden.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 17,244 million in 2024Q2 from 17,257 million in 2023Q4 representing a change of -0.08%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 4,412 million in 2024Q2 from 4,360 million in 2023Q4 representing a change of 1.19%. This indicates an increase in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities decreased to 10,828 million in 2024Q2 from 10,848 million in 2023Q4 representing a change of -0.18%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 1,965 million in 2024Q2 from 1,905 million in 2023Q4 representing a change of 3.15%. This indicates an accumulated profits.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-362000000	914000000	-139.61
operating cash flow	2462000000	1808000000	36.17
free cash flow	461000000	319000000	44.51
capital expenditure	-2001000000	-1489000000	-34.39
depreciation and amortization	1835000000	1818000000	0.94
deferred income tax	0	-33000000	100.00
stock based compensation	25000000	21000000	19.05
accounts payables	564000000	728000000	-22.53
inventory	-108000000	-262000000	58.78
acquisitions net	30000000	-322000000	109.32
investments in property plant and equipment	-964000000	-1489000000	35.26
net cash used for investing activites	-1906000000	-1929000000	1.19
debt repayment	-466000000	1141000000	-140.84
common stock issued	16000000	14000000	14.29
common stock repurchased	-2000000	-50000000	96.00
dividends paid	-92000000	-84000000	-9.52
net cash used provided by financing activities	-788000000	962000000	-181.91
cash at end of period	2890000000	3329000000	-13.19
accounts receivables	-178000000	-291000000	38.83
cash at beginning of period	3252000000	2415000000	34.66

Overall Score of Annual Cashflow Statement

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -362 million in 2023 from 914 million in 2022 representing a change of -139.61%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -33 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 25 million in 2023 from 21 million in 2022 representing a change of 19.05%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to -178 in 2023 from -291 million in 2022 representing a change of 38.83%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -92 million in 2023 from -84 million in 2022 representing a change of -9.52%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 2,462 million in 2023 from 1,808 million in 2022 representing a change of 36.17%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 461 million in 2023 from 319 million in 2022 representing a change of 44.51%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -2,001 million in 2023 from -1,489 million in 2022 representing a change of -34.39%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 564 million in 2023 from 728 million in 2022 representing a change of -22.53%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	1315000000	1545000000	-14.89
free cash flow	715000000	480000000	48.96
capital expenditure	-600000000	-1065000000	43.66
depreciation and amortization	624000000	902000000	-30.82
deferred income tax	0	-90000000	100.00
stock based compensation	9000000	11000000	-18.18
accounts receivables	-280000000	267000000	-204.87
accounts payables	223000000	334000000	-33.23
inventory	290000000	-190000000	252.63
acquisitions net	208000000	81000000	156.79
investments in property plant and equipment	-600000000	-1065000000	43.66
net cash used for investing activites	-989000000	-977000000	-1.23
debt repayment	48000000	608000000	-92.11
common stock issued	0	16000000	-100.00
common stock repurchased	-26000000	0	NaN
dividends paid	-97000000	0	NaN
net cash used provided by financing activities	-245000000	611000000	-140.10
net change in cash	2960000000	1267000000	133.62
cash at end of period	2960000000	3025000000	-2.15
cash at beginning of period	0	1758000000	-100.00

Overall Score of Quarterly Cashflow Statement

0.56 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 2,960 million in 2024Q2 from 1,267 million in 2023Q4 representing a change of 133.62%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow increased to 715 million in 2024Q2 from 480 million in 2023Q4 representing a change of 48.96%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 9 million in 2024Q2 from 11 million in 2023Q4 representing a change of -18.18%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 223 million in 2024Q2 from 334 million in 2023Q4 representing a change of -33.23%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -280 million in 2024Q2 from 267 million in 2023Q4 representing a change of -204.87%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 1,315 million in 2024Q2 from 1,545 million in 2023Q4 representing a change of -14.89%. This indicates that the company generated less cash from its core business operations.

  Capital Expenditure: Capital Expenditure increased to -600 million in 2024Q2 from -1,065 million in 2023Q4 representing a change of 43.66%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024Q2 from -90 million in 2023Q4 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Dividends Paid: Dividends Paid decreased to -97 million in 2024Q2 from 0 million in 2023Q4 representing a change of nan%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q4 2023 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	89.77	83.12	8.01
net income per share	0.9	0.95	-5.67
operating cash flow per share	10.03	7.5	33.69
free cash flow per share	1.88	1.32	41.88
cash per share	12.78	14.16	-9.79
book value per share	17.76	19.63	-9.54
tangible book value per share	-7.37	-18.8	60.81
shareholders equity per share	14.56	15.85	-8.17
interest debt per share	30.3	30.95	-2.09
market cap	3418133325.6	4025902400	-15.10
enterprise value	7464133325.6	7973902400	-6.39
pe ratio	15.47	17.5	-11.64
price to sales ratio	0.16	0.2	-22.83
pocfratio	1.39	2.23	-37.65
pfcf ratio	7.41	12.62	-41.25
pb ratio	0.96	1.05	-9.23
ptb ratio	0.96	1.05	-9.23
ev to sales	0.34	0.4	-14.92
enterprise value over ebitda	2.92	3.39	-13.77
ev to operating cash flow	3.03	4.41	-31.26
ev to free cash flow	16.19	25.0	-35.23
earnings yield	0.06	0.06	13.17
free cash flow yield	0.13	0.08	70.21
debt to equity	1.98	1.9	3.88
debt to assets	0.33	0.33	-1.61
net debt to ebitda	1.59	1.68	-5.59
current ratio	0.86	0.89	-2.79
interest coverage	2.14	2.54	-15.84
income quality	11.14	7.86	41.72
dividend yield	0.03	0.02	29.00
payout ratio	0.42	0.37	13.98
sales general and administrative to revenue	0.03	0.03	6.94
research and ddevelopement to revenue	0.09	0.07	28.70
intangibles to total assets	0.28	0.42	-32.57
capex to operating cash flow	0.81	0.82	-1.31
capex to revenue	0.09	0.07	22.15
capex to depreciation	1.09	0.82	33.14
stock based compensation to revenue	0.0	0.0	8.21
graham number	17.17	18.45	-6.93
roic	0.05	0.02	137.25
return on tangible assets	0.01	0.02	-21.31
graham net net	-44.9	-41.39	-8.49
working capital	-1476000000	-1190000000	-24.03
tangible asset value	-1809000000	-4532000000	60.08
net current asset value	-8024000000	-7793000000	-2.96
invested capital	9758000000	13383000000	-27.09
average receivables	3176000000	3343000000	-5.00
average payables	5517500000	5109500000	7.99
average inventory	2374000000	2186500000	8.58
days sales outstanding	45.27	65.91	-31.31
days payables outstanding	109.93	116.79	-5.88
days of inventory on hand	47.71	49.82	-4.24
receivables turnover	8.06	5.54	45.59
payables turnover	3.32	3.13	6.25
inventory turnover	7.65	7.33	4.43
roe	0.06	0.06	2.73
capex per share	8.15	6.18	31.93

• ROE:

  Debt-to-Equity Ratio:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 15.47 on 2023-12-31 from 17.50 on 2022-12-31, representing a change of -11.64%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.86 on 2023-12-31 from 0.89 on 2022-12-31, representing a change of -2.79%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
FR.PA
calendar year	2024	2023	NaN
revenue per share	45.68	44.41	2.86
net income per share	0.58	0.42	38.55
operating cash flow per share	5.4	6.33	-14.70
free cash flow per share	2.94	1.97	49.29
cash per share	12.4	12.86	-3.55
book value per share	18.13	18.44	-1.71
tangible book value per share	-8.09	3.06	-364.31
shareholders equity per share	14.95	14.66	1.99
interest debt per share	29.42	29.44	-0.08
market cap	2445908700	3395381990.4	-27.96
enterprise value	6485908700	7356381990.4	-11.83
pe ratio	4.34	8.32	-47.89
price to sales ratio	0.22	0.31	-29.81
pocfratio	1.86	2.2	-15.36
pfcf ratio	3.42	7.07	-51.64
pb ratio	0.67	0.95	-29.21
ptb ratio	0.67	0.95	-29.21
ev to sales	0.58	0.68	-14.09
enterprise value over ebitda	6.15	5.57	10.50
ev to operating cash flow	4.93	4.76	3.59
ev to free cash flow	9.07	15.33	-40.81
earnings yield	0.06	0.03	91.90
free cash flow yield	0.29	0.14	106.78
debt to equity	1.93	1.95	-1.03
debt to assets	0.32	0.32	1.18
net debt to ebitda	3.83	3.0	27.83
current ratio	0.84	0.86	-2.97
interest coverage	3.5	2.14	63.48
income quality	9.33	15.15	-38.43
dividend yield	0.04	0	NaN
payout ratio	0.69	0	NaN
sales general and administrative to revenue	0.03	0.04	-4.10
research and ddevelopement to revenue	0.1	0.07	38.23
intangibles to total assets	0.29	0.17	70.88
capex to operating cash flow	0.46	0.69	-33.81
capex to revenue	0.05	0.1	-45.11
capex to depreciation	0.96	1.18	-18.56
stock based compensation to revenue	0.0	0.0	-20.28
graham number	13.96	11.74	18.87
roic	0.02	0.02	15.13
return on tangible assets	0.01	0.01	62.94
graham net net	-42.25	-41.91	-0.80
working capital	-1751000000	-1476000000	-18.63
tangible asset value	-1970000000	747000000	-363.72
net current asset value	-8167000000	-7885000000	-3.58
invested capital	9658000000	7341000000	31.56
average receivables	3751000000	3362500000	11.55
average payables	5545000000	5563000000	-0.32
average inventory	2213500000	2304500000	-3.95
days sales outstanding	31.44	30.07	4.54
days payables outstanding	56.02	53.21	5.29
days of inventory on hand	20.48	23.09	-11.32
receivables turnover	2.86	2.99	-4.35
payables turnover	1.61	1.69	-5.03
inventory turnover	4.39	3.9	12.77
roe	0.04	0.03	35.84
capex per share	2.47	4.37	-43.54

• Negative

  ROE: Return on Equity (ROE) increased to 0.04 on 2024-06-30 Q2 from 0.03 on 2023-12-31 Q4, representing a change of 35.84%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 4.34 on 2024-06-30 Q2 from 8.32 on 2023-12-31 Q4, representing a change of -47.89%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.84 on 2024-06-30 Q2 from 0.86 on 2023-12-31 Q4, representing a change of -2.97%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Debt-to-Equity Ratio:

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None