LIQUIDITY SERVICES INC (LQDT)
US53635B1070 - Common Stock
We assign a fundamental rating of 4 out of 10 to LQDT. LQDT was compared to 83 industry peers in the Commercial Services & Supplies industry. LQDT has only an average score on both its financial health and profitability. LQDT does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year LQDT was profitable.
LQDT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LQDT reported negative net income in multiple years.
Of the past 5 years LQDT 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.11%, LQDT is doing good in the industry, outperforming 71.08% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.57%, LQDT is in the better half of the industry, outperforming 72.29% of the companies in the same industry.
LQDT has a better Return On Invested Capital (11.08%) than 80.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LQDT is above the industry average of 10.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 11.57% | ||
| ROIC | 11.08% |
ROA(3y)13.72%
ROA(5y)5.78%
ROE(3y)25.59%
ROE(5y)11.35%
ROIC(3y)12.98%
ROIC(5y)N/A
1.3 Margins
LQDT has a Profit Margin of 5.92%. This is in the better half of the industry: LQDT outperforms 71.08% of its industry peers.
LQDT has a Operating Margin of 7.65%. This is comparable to the rest of the industry: LQDT outperforms 57.83% of its industry peers.
LQDT has a better Gross Margin (53.93%) than 93.98% of its industry peers.
In the last couple of years the Gross Margin of LQDT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.65% | ||
| PM (TTM) | 5.92% | ||
| GM | 53.93% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.85%
GM growth 5Y-0.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LQDT is still creating some value.
There is no outstanding debt for LQDT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.16 indicates that LQDT is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.16, LQDT belongs to the best of the industry, outperforming 81.93% of the companies in the same industry.
There is no outstanding debt for LQDT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.16 |
ROIC/WACC1.23
WACC9.03%
2.3 Liquidity
LQDT has a Current Ratio of 1.21. This is a normal value and indicates that LQDT is financially healthy and should not expect problems in meeting its short term obligations.
LQDT has a worse Current ratio (1.21) than 67.47% of its industry peers.
A Quick Ratio of 1.12 indicates that LQDT should not have too much problems paying its short term obligations.
LQDT's Quick ratio of 1.12 is on the low side compared to the rest of the industry. LQDT is outperformed by 60.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.75% over the past year.
LQDT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.46% yearly.
EPS 1Y (TTM)10.75%
EPS 3Y3.46%
EPS 5YN/A
EPS Q2Q%23.08%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%33.73%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y18.83%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year33.62%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
LQDT is valuated quite expensively with a Price/Earnings ratio of 29.63.
LQDT's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.77, LQDT is valued at the same level.
Based on the Price/Forward Earnings ratio of 24.93, the valuation of LQDT can be described as rather expensive.
LQDT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LQDT is cheaper than 61.45% of the companies in the same industry.
LQDT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.63 | ||
| Fwd PE | 24.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LQDT is valued a bit more expensive than the industry average as 60.24% of the companies are valued more cheaply.
73.49% of the companies in the same industry are more expensive than LQDT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.95 | ||
| EV/EBITDA | 21.51 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LQDT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.57
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
LQDT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LIQUIDITY SERVICES INC
NASDAQ:LQDT (12/18/2024, 3:39:08 PM)
30.515
-0.64 (-2.07%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap938.03M
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.63 | ||
| Fwd PE | 24.93 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.57
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 11.57% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.65% | ||
| PM (TTM) | 5.92% | ||
| GM | 53.93% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)10.75%
EPS 3Y3.46%
EPS 5Y
EPS Q2Q%
EPS Next Y18.83%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y