NASDAQ:HALO appears to be flying under the radar despite its strong fundamentals.

Last update: Jul 12, 2024

Take a closer look at HALOZYME THERAPEUTICS INC (NASDAQ:HALO), a remarkable value stock uncovered by our stock screener. NASDAQ:HALO excels in fundamentals and maintains a very reasonable valuation. Let's break it down further.

Understanding NASDAQ:HALO's Valuation Score

ChartMill provides a Valuation Rating to every stock, ranging from 0 to 10. This rating assesses various valuation aspects, comparing price to earnings and cash flows, while considering factors like profitability and growth. NASDAQ:HALO boasts a 8 out of 10:

Based on the Price/Earnings ratio, HALO is valued cheaper than 97.38% of the companies in the same industry.
HALO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.91.
With a Price/Forward Earnings ratio of 10.49, the valuation of HALO can be described as very reasonable.
HALO's Price/Forward Earnings ratio is rather cheap when compared to the industry. HALO is cheaper than 97.73% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.49, HALO is valued a bit cheaper.
96.33% of the companies in the same industry are more expensive than HALO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HALO is valued cheaply inside the industry as 98.78% of the companies are valued more expensively.
HALO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HALO has a very decent profitability rating, which may justify a higher PE ratio.
HALO's earnings are expected to grow with 32.63% in the coming years. This may justify a more expensive valuation.

Profitability Assessment of NASDAQ:HALO

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:HALO has achieved a 7:

HALO has a better Return On Assets (17.31%) than 99.13% of its industry peers.
HALO has a Return On Equity of 179.30%. This is amongst the best in the industry. HALO outperforms 100.00% of its industry peers.
HALO has a Return On Invested Capital of 18.09%. This is amongst the best in the industry. HALO outperforms 98.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HALO is above the industry average of 14.63%.
The last Return On Invested Capital (18.09%) for HALO is above the 3 year average (17.78%), which is a sign of increasing profitability.
The Profit Margin of HALO (36.95%) is better than 98.95% of its industry peers.
Looking at the Operating Margin, with a value of 44.25%, HALO belongs to the top of the industry, outperforming 99.48% of the companies in the same industry.
HALO has a Gross Margin of 78.51%. This is amongst the best in the industry. HALO outperforms 86.89% of its industry peers.

Assessing Health Metrics for NASDAQ:HALO

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:HALO has achieved a 7 out of 10:

HALO has an Altman-Z score of 4.19. This indicates that HALO is financially healthy and has little risk of bankruptcy at the moment.
HALO's Altman-Z score of 4.19 is fine compared to the rest of the industry. HALO outperforms 77.45% of its industry peers.
The Debt to FCF ratio of HALO is 3.54, which is a good value as it means it would take HALO, 3.54 years of fcf income to pay off all of its debts.
HALO has a better Debt to FCF ratio (3.54) than 95.80% of its industry peers.
A Current Ratio of 6.64 indicates that HALO has no problem at all paying its short term obligations.
With a decent Current ratio value of 6.64, HALO is doing good in the industry, outperforming 63.46% of the companies in the same industry.
HALO has a Quick Ratio of 5.36. This indicates that HALO is financially healthy and has no problem in meeting its short term obligations.

Growth Assessment of NASDAQ:HALO

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:HALO scores a 9 out of 10:

HALO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.64%, which is quite impressive.
The Earnings Per Share has been growing by 45.64% on average over the past years. This is a very strong growth
Looking at the last year, HALO shows a very strong growth in Revenue. The Revenue has grown by 22.40%.
HALO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 40.42% yearly.
The Earnings Per Share is expected to grow by 25.47% on average over the next years. This is a very strong growth
Based on estimates for the next years, HALO will show a quite strong growth in Revenue. The Revenue will grow by 15.95% on average per year.

Every day, new Decent Value stocks can be found on ChartMill in our Decent Value screener.

Our latest full fundamental report of HALO contains the most current fundamental analsysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.