Loblaw Companies Limited - L.TO

L.TO 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 %
L.TO	-1.0	-2.3	1.4	4.1	14.1	48.8	82.9	156.1	274.0	2753.0
S&P 500	0.4	-1.5	0.5	6.1	11.2	29.7	25.3	88.8	187.3	33284.7

Compare L.TO with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	L.TO
name	Loblaw Companies Limited
price	179.74
changes percentage	-0.96
change	-1.75
day low	178.86
day high	181.48
year high	188.77
year low	116.81
market cap	54430484460
price avg 50	177.71
price avg 200	161.41
exchange	TSX
volume	36599
avg volume	328906
open	181.48
previous close	181.49
eps	7.19
pe	25
earnings announcement	2024-11-13T00:00:00.000+0000
shares outstanding	302829000
timestamp	2024-11-18 15:47:27

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: 67.7%

Overall Quarterly Financial Health: 62.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	59529000000	56504000000	5.35
gross profit	19037000000	17976000000	5.90
gross profit ratio	0.32	0.32	0.52
research and development expenses	0	0	NaN
operating expenses	15333000000	14634000000	4.78
interest income	34000000	33000000	3.03
interest expense	837000000	689000000	21.48
ebitda	6644000000	6170000000	7.68
ebitdaratio	0.11	0.11	2.66
operating income	3704000000	3342000000	10.83
operating income ratio	0.06	0.06	5.20
net income	2100000000	1921000000	9.32
net income ratio	0.04	0.03	3.76
eps	6.59	5.82	13.23

Overall Score of Annual Income Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 59,529 million in 2023 from 56,504 million in 2022 representing a change of 5.35%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 19,037 million in 2023 from 17,976 million in 2022 representing a change of 5.9%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 6,644 million in 2023 from 6,170 million in 2022 representing a change of 7.68%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 3,704 million in 2023 from 3,342 million in 2022 representing a change of 10.83%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 2,100 million in 2023 from 1,921 million in 2022 representing a change of 9.32%. 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 6.59 in 2023 from 6.59 in 2022 representing a change of 13.23%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 15,333 million in 2023 from 14,634 million in 2022 representing a change of 4.78%. 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.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	13947000000	13581000000	2.69
gross profit	4620000000	4455000000	3.70
gross profit ratio	0.33	0.33	0.98
research and development expenses	0	0	NaN
operating expenses	3761000000	3594000000	4.65
interest income	9000000	8000000	12.50
interest expense	199000000	199000000	0.00
ebitda	1538000000	1558000000	-1.28
ebitdaratio	0.11	0.11	-3.75
operating income	859000000	861000000	-0.23
operating income ratio	0.06	0.06	-2.85
net income	460000000	462000000	-0.43
net income ratio	0.03	0.03	-3.05
eps	1.49	1.48	0.68

Overall Score of Quarterly Income Statement

0.43 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 13,947 million in 2024Q2 from 13,581 million in 2024Q1 representing a change of 2.69%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 4,620 million in 2024Q2 from 4,455 million in 2024Q1 representing a change of 3.7%. This indicates a sales profitability growth, which is a positive sign for the company.

  Earnings per Share (EPS): EPS increased to 1.49 in 2024Q2 from 1.49 in 2024Q1 representing a change of 0.68%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3,761 million in 2024Q2 from 3,594 million in 2024Q1 representing a change of 4.65%. 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 1,538 million in 2024Q2 from 1,558 million in 2024Q1 representing a change of -1.28%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 859 million in 2024Q2 from 861 million in 2024Q1 representing a change of -0.23%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 460 million in 2024Q2 from 462 million in 2024Q1 representing a change of -0.43%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	38979000000	38147000000	2.18
total liabilities	27360000000	26691000000	2.51
total equity	11619000000	11456000000	1.42
cash and cash equivalents	1488000000	1608000000	-7.46
short term investments	464000000	326000000	42.33
long term investments	396000000	399000000	-0.75
total current assets	13578000000	13376000000	1.51
total non current assets	25401000000	24771000000	2.54
total current liabilities	10847000000	10098000000	7.42
total non current liabilities	16513000000	16593000000	-0.48
common stock	6256000000	6465000000	-3.23
retained earnings	4816000000	4461000000	7.96
total debt	18173000000	17606000000	3.22

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 38,979 million in 2023 from 38,147 million in 2022 representing a change of 2.18%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 11,619 million in 2023 from 11,456 million in 2022 representing a change of 1.42%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 464 million in 2023 from 326 million in 2022 representing a change of 42.33%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 13,578 million in 2023 from 13,376 million in 2022 representing a change of 1.51%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 4,816 million in 2023 from 4,461 million in 2022 representing a change of 7.96%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 27,360 million in 2023 from 26,691 million in 2022 representing a change of 2.51%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1,488 million in 2023 from 1,608 million in 2022 representing a change of -7.46%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 10,847 million in 2023 from 10,098 million in 2022 representing a change of 7.42%. This indicates a higher short-term debt burden.

  Common Stock: Common Stock decreased to 6,256 in 2023 from 6,465 in 2022 representing a change of -3.23%. This indicates a decrease in ownership interest.

  Total Debt: Total Debt increased to 18,173 million in 2023 from 17,606 million in 2022 representing a change of 3.22%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	38612000000	38234000000	0.99
total liabilities	27214000000	26937000000	1.03
total equity	11398000000	11297000000	0.89
cash and cash equivalents	1282000000	1288000000	-0.47
short term investments	412000000	321000000	28.35
long term investments	85000000	85000000	0.00
total current assets	13264000000	12977000000	2.21
total non current assets	25348000000	25257000000	0.36
total current liabilities	9785000000	10107000000	-3.19
total non current liabilities	17429000000	16830000000	3.56
common stock	6276000000	6246000000	0.48
retained earnings	4607000000	4547000000	1.32
total debt	18615000000	18127000000	2.69

Overall Score of Quarterly Balance Sheet

0.7 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 38,612 million in 2024Q2 from 38,234 million in 2024Q1 representing a change of 0.99%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 11,398 million in 2024Q2 from 11,297 million in 2024Q1 representing a change of 0.89%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 412 million in 2024Q2 from 321 million in 2024Q1 representing a change of 28.35%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 13,264 million in 2024Q2 from 12,977 million in 2024Q1 representing a change of 2.21%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 9,785 million in 2024Q2 from 10,107 million in 2024Q1 representing a change of -3.19%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 6,276 in 2024Q2 from 6,246 in 2024Q1 representing a change of 0.48%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 4,607 million in 2024Q2 from 4,547 million in 2024Q1 representing a change of 1.32%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 27,214 million in 2024Q2 from 26,937 million in 2024Q1 representing a change of 1.03%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1,282 million in 2024Q2 from 1,288 million in 2024Q1 representing a change of -0.47%. This indicates a decrease in available liquid assets.

  Total Debt: Total Debt increased to 18,615 million in 2024Q2 from 18,127 million in 2024Q1 representing a change of 2.69%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-120000000	-368000000	67.39
operating cash flow	5654000000	4755000000	18.91
free cash flow	3582000000	3184000000	12.50
capital expenditure	-2072000000	-1571000000	-31.89
depreciation and amortization	2906000000	2795000000	3.97
deferred income tax	714000000	665000000	7.37
stock based compensation	0	69000000	-100.00
accounts payables	116000000	507000000	-77.12
inventory	35000000	-689000000	105.08
acquisitions net	0	-813000000	100.00
investments in property plant and equipment	-1665000000	-1571000000	-5.98
net cash used for investing activites	-1845000000	-2368000000	22.09
debt repayment	-845000000	-213000000	-296.71
common stock issued	61000000	88000000	-30.68
common stock repurchased	-1801000000	-1396000000	-29.01
dividends paid	-562000000	-529000000	-6.24
net cash used provided by financing activities	-3932000000	-2751000000	-42.93
cash at end of period	1488000000	1608000000	-7.46
accounts receivables	-391000000	-512000000	23.63
cash at beginning of period	1608000000	1976000000	-18.62

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -120 million in 2023 from -368 million in 2022 representing a change of 67.39%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 5,654 million in 2023 from 4,755 million in 2022 representing a change of 18.91%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 3,582 million in 2023 from 3,184 million in 2022 representing a change of 12.5%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -2,072 million in 2023 from -1,571 million in 2022 representing a change of -31.89%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2023 from 69 million in 2022 representing a change of -100.0%. 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 116 million in 2023 from 507 million in 2022 representing a change of -77.12%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Deferred Income Tax: Deferred Income Tax increased to 714 million in 2023 from 665 million in 2022 representing a change of 7.37%. This indicates that the company's tax liability for future periods has increased.

  Accounts Receivables: Accounts Receivables increased to -391 in 2023 from -512 million in 2022 representing a change of 23.63%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -562 million in 2023 from -529 million in 2022 representing a change of -6.24%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	1305000000	856000000	52.45
free cash flow	811000000	469000000	72.92
capital expenditure	-494000000	-387000000	-27.65
depreciation and amortization	679000000	690000000	-1.59
deferred income tax	180000000	178000000	1.12
stock based compensation	0	0	NaN
accounts receivables	2000000	387000000	-99.48
accounts payables	-147000000	-561000000	73.80
inventory	176000000	-128000000	237.50
acquisitions net	20000000	39000000	-48.72
investments in property plant and equipment	-494000000	-387000000	-27.65
net cash used for investing activites	-769000000	-196000000	-292.35
debt repayment	189000000	-296000000	163.85
common stock issued	69000000	57000000	21.05
common stock repurchased	-537000000	-415000000	-29.40
dividends paid	-140000000	0	NaN
net cash used provided by financing activities	-543000000	-863000000	37.08
net change in cash	-6000000	-200000000	97.00
cash at end of period	1282000000	1288000000	-0.47
cash at beginning of period	1288000000	1488000000	-13.44

Overall Score of Quarterly Cashflow Statement

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -6 million in 2024Q2 from -200 million in 2024Q1 representing a change of 97.0%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 1,305 million in 2024Q2 from 856 million in 2024Q1 representing a change of 52.45%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 811 million in 2024Q2 from 469 million in 2024Q1 representing a change of 72.92%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -494 million in 2024Q2 from -387 million in 2024Q1 representing a change of -27.65%. 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 147 million in 2024Q2 from 561 million in 2024Q1 representing a change of 73.8%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to 2 million in 2024Q2 from 387 million in 2024Q1 representing a change of -99.48%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Deferred Income Tax: Deferred Income Tax increased to 180 million in 2024Q2 from 178 million in 2024Q1 representing a change of 1.12%. This indicates that the company's tax liability for future periods has increased.

  Dividends Paid: Dividends Paid decreased to -140 million in 2024Q2 from 0 million in 2024Q1 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.

Q3 2024 Earnings call transcript
Q2 2024 Earnings call transcript
Q1 2024 Earnings call transcript
Q4 2023 Earnings call transcript
Q3 2023 Earnings call transcript
Q2 2023 Earnings call transcript
Q1 2023 Earnings call transcript
Q4 2022 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	187.97	172.22	9.15
net income per share	6.63	5.85	13.25
operating cash flow per share	17.85	14.49	23.19
free cash flow per share	11.31	9.7	16.55
cash per share	6.16	5.89	4.56
book value per share	36.69	34.92	5.07
tangible book value per share	4.03	1.91	110.50
shareholders equity per share	36.2	34.44	5.11
interest debt per share	30.16	27.98	7.80
market cap	40626276000	39280132000	3.43
enterprise value	57311276000	55278132000	3.68
pe ratio	19.35	20.45	-5.39
price to sales ratio	0.68	0.7	-1.83
pocfratio	7.19	8.26	-13.02
pfcf ratio	11.34	12.34	-8.06
pb ratio	3.54	3.48	1.94
ptb ratio	3.54	3.48	1.94
ev to sales	0.96	0.98	-1.59
enterprise value over ebitda	8.63	8.96	-3.72
ev to operating cash flow	10.14	11.63	-12.81
ev to free cash flow	16.0	17.36	-7.84
earnings yield	0.05	0.05	5.70
free cash flow yield	0.09	0.08	8.77
debt to equity	0.76	0.75	1.16
debt to assets	0.22	0.22	0.45
net debt to ebitda	2.51	2.59	-3.15
current ratio	1.25	1.32	-5.50
interest coverage	4.43	4.85	-8.77
income quality	2.59	2.38	8.41
dividend yield	0.01	0.01	2.72
payout ratio	0.27	0.28	-2.82
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.27	0.28	-6.52
capex to operating cash flow	0.37	0.33	10.92
capex to revenue	0.03	0.03	25.19
capex to depreciation	0.71	0.56	26.85
stock based compensation to revenue	0	0.0	-100.00
graham number	73.49	67.35	9.11
roic	0.14	0.13	9.27
return on tangible assets	0.07	0.07	4.29
graham net net	-58.18	-54.75	-6.26
working capital	2731000000	3278000000	-16.69
tangible asset value	1276000000	628000000	103.18
net current asset value	-13782000000	-13315000000	-3.51
invested capital	27082000000	27211000000	-0.47
average receivables	5291500000	4922000000	7.51
average payables	6267500000	5825500000	7.59
average inventory	5837500000	5510500000	5.93
days sales outstanding	33.29	33.29	0.02
days payables outstanding	56.94	58.91	-3.34
days of inventory on hand	52.46	55.47	-5.42
receivables turnover	10.96	10.97	-0.02
payables turnover	6.41	6.2	3.45
inventory turnover	6.96	6.58	5.73
roe	0.18	0.17	7.74
capex per share	6.54	4.79	36.64

• Positive

  ROE: Return on Equity (ROE) increased to 0.18 on 2023-12-31 from 0.17 on 2022-12-31, representing a change of 7.74%. Suggesting the company has been generating high returns for its shareholders.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 19.35 on 2023-12-31 from 20.45 on 2022-12-31, representing a change of -5.39%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.25 on 2023-12-31 from 1.32 on 2022-12-31, representing a change of -5.50%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.76 on 2023-12-31 from 0.75 on 2022-12-31, representing a change of 1.16%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
L.TO
calendar year	2024	2024	NaN
revenue per share	45.59	43.97	3.70
net income per share	1.5	1.5	0.54
operating cash flow per share	4.27	2.77	53.95
free cash flow per share	2.65	1.52	74.62
cash per share	5.54	5.21	6.32
book value per share	37.26	36.57	1.88
tangible book value per share	4.31	3.54	21.77
shareholders equity per share	36.74	36.12	1.71
interest debt per share	30.63	28.8	6.34
market cap	48546330000	46495628000	4.41
enterprise value	65879330000	63334628000	4.02
pe ratio	26.38	25.16	4.86
price to sales ratio	3.48	3.42	1.67
pocfratio	37.2	54.32	-31.51
pfcf ratio	59.86	99.14	-39.62
pb ratio	4.32	4.17	3.66
ptb ratio	4.32	4.17	3.66
ev to sales	4.72	4.66	1.29
enterprise value over ebitda	42.83	40.65	5.37
ev to operating cash flow	50.48	73.99	-31.77
ev to free cash flow	81.23	135.04	-39.85
earnings yield	0.01	0.01	-4.64
free cash flow yield	0.02	0.01	65.62
debt to equity	0.82	0.78	4.67
debt to assets	0.24	0.23	4.39
net debt to ebitda	11.27	10.81	4.27
current ratio	1.36	1.28	5.58
interest coverage	4.32	4.33	-0.23
income quality	2.84	1.75	62.06
dividend yield	0.0	0	NaN
payout ratio	0.3	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.26	0.27	-2.18
capex to operating cash flow	0.38	0.45	-16.27
capex to revenue	0.04	0.03	24.30
capex to depreciation	0.73	0.56	29.72
stock based compensation to revenue	0	0	NaN
graham number	35.26	34.86	1.13
roic	0.03	0.03	-2.75
return on tangible assets	0.02	0.02	-2.18
graham net net	-61.38	-60.16	-2.03
working capital	3479000000	2870000000	21.22
tangible asset value	1318000000	1093000000	20.59
net current asset value	-13950000000	-13960000000	0.07
invested capital	27856000000	27152000000	2.59
average receivables	5085500000	5228500000	-2.74
average payables	5924500000	6190500000	-4.30
average inventory	5860000000	5884000000	-0.41
days sales outstanding	33.19	33.31	-0.36
days payables outstanding	55.89	59.73	-6.44
days of inventory on hand	55.7	58.66	-5.05
receivables turnover	2.71	2.7	0.36
payables turnover	1.61	1.51	6.88
inventory turnover	1.62	1.53	5.32
roe	0.04	0.04	-1.15
capex per share	1.61	1.25	28.90

• Negative

  ROE: Return on Equity (ROE) decreased to 0.04 on 2024-06-30 Q2 from 0.04 on 2024-03-31 Q1, representing a change of -1.15%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 26.38 on 2024-06-30 Q2 from 25.16 on 2024-03-31 Q1, representing a change of 4.86%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.36 on 2024-06-30 Q2 from 1.28 on 2024-03-31 Q1, representing a change of 5.58%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.82 on 2024-06-30 Q2 from 0.78 on 2024-03-31 Q1, representing a change of 4.67%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 382.12 which is higher than current price 179.74, indicates the company may be undervalued.