QUIDELORTHO CORP (QDEL) Stock Fundamental Analysis
USA - NASDAQ:QDEL - US2197981051 - Common Stock
20.35 USD
-0.91 (-4.28%)
20.35 USD
0 (0%)
Taking everything into account, QDEL scores 4 out of 10 in our fundamental rating. QDEL was compared to 189 industry peers in the Health Care Equipment & Supplies industry. While QDEL is still in line with the averages on profitability rating, there are concerns on its financial health. QDEL is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year QDEL was profitable.
In the past year QDEL had a positive cash flow from operations.
In multiple years QDEL reported negative net income over the last 5 years.
QDEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
QDEL's Return On Assets of -7.31% is fine compared to the rest of the industry. QDEL outperforms 64.55% of its industry peers.
The Return On Equity of QDEL (-16.70%) is better than 61.38% of its industry peers.
QDEL has a Return On Invested Capital of 1.72%. This is in the better half of the industry: QDEL outperforms 68.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QDEL is below the industry average of 9.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -16.7% | ||
| ROIC | 1.72% |
ROA(3y)-8.62%
ROA(5y)9.28%
ROE(3y)-19.28%
ROE(5y)7.89%
ROIC(3y)4.37%
ROIC(5y)20.45%
1.3 Margins
With a decent Operating Margin value of 4.15%, QDEL is doing good in the industry, outperforming 68.78% of the companies in the same industry.
QDEL's Operating Margin has declined in the last couple of years.
QDEL has a Gross Margin (47.29%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of QDEL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.15% | ||
| PM (TTM) | N/A | ||
| GM | 47.29% |
OM growth 3Y-68.75%
OM growth 5Y-39.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.83%
GM growth 5Y-5.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so QDEL is destroying value.
Compared to 1 year ago, QDEL has more shares outstanding
The number of shares outstanding for QDEL has been increased compared to 5 years ago.
Compared to 1 year ago, QDEL has a worse debt to assets ratio.
2.2 Solvency
QDEL has an Altman-Z score of 0.73. This is a bad value and indicates that QDEL is not financially healthy and even has some risk of bankruptcy.
QDEL has a Altman-Z score (0.73) which is in line with its industry peers.
QDEL has a debt to FCF ratio of 200.49. This is a negative value and a sign of low solvency as QDEL would need 200.49 years to pay back of all of its debts.
QDEL's Debt to FCF ratio of 200.49 is fine compared to the rest of the industry. QDEL outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.74 indicates that QDEL is somewhat dependend on debt financing.
QDEL has a worse Debt to Equity ratio (0.74) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 200.49 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.24
WACC7.26%
2.3 Liquidity
QDEL has a Current Ratio of 1.12. This is a normal value and indicates that QDEL is financially healthy and should not expect problems in meeting its short term obligations.
QDEL has a Current ratio of 1.12. This is amonst the worse of the industry: QDEL underperforms 85.71% of its industry peers.
A Quick Ratio of 0.62 indicates that QDEL may have some problems paying its short term obligations.
QDEL's Quick ratio of 0.62 is on the low side compared to the rest of the industry. QDEL is outperformed by 89.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
QDEL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.10%.
The Earnings Per Share has been decreasing by -9.03% on average over the past years.
QDEL shows a decrease in Revenue. In the last year, the revenue decreased by -3.28%.
QDEL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.07% yearly.
EPS 1Y (TTM)-4.1%
EPS 3Y-52.97%
EPS 5Y-9.03%
EPS Q2Q%271.43%
Revenue 1Y (TTM)-3.28%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.63%
3.2 Future
The Earnings Per Share is expected to grow by 24.45% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.96% on average over the next years.
EPS Next Y23.7%
EPS Next 2Y28.44%
EPS Next 3Y29.07%
EPS Next 5Y24.45%
Revenue Next Year-2.55%
Revenue Next 2Y0.07%
Revenue Next 3Y1.58%
Revenue Next 5Y1.96%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.70, the valuation of QDEL can be described as very reasonable.
93.65% of the companies in the same industry are more expensive than QDEL, based on the Price/Earnings ratio.
QDEL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.67.
The Price/Forward Earnings ratio is 6.67, which indicates a rather cheap valuation of QDEL.
97.88% of the companies in the same industry are more expensive than QDEL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of QDEL to the average of the S&P500 Index (31.86), we can say QDEL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 6.67 |
4.2 Price Multiples
94.71% of the companies in the same industry are more expensive than QDEL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QDEL indicates a somewhat cheap valuation: QDEL is cheaper than 68.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 106.29 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
QDEL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as QDEL's earnings are expected to grow with 29.07% in the coming years.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y28.44%
EPS Next 3Y29.07%
5. Dividend
5.1 Amount
No dividends for QDEL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
20.35
-0.91 (-4.28%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners117.77%
Inst Owner Change-0.97%
Ins Owners0.58%
Ins Owner Change2.48%
Market Cap1.38B
Revenue(TTM)2.74B
Net Income(TTM)-466.40M
Analysts74.29
Price Target40.97 (101.33%)
Short Float %12.57%
Short Ratio6.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)357.74%
Min EPS beat(2)23.78%
Max EPS beat(2)691.7%
EPS beat(4)4
Avg EPS beat(4)220.56%
Min EPS beat(4)4.59%
Max EPS beat(4)691.7%
EPS beat(8)7
Avg EPS beat(8)120.88%
EPS beat(12)10
Avg EPS beat(12)95.2%
EPS beat(16)13
Avg EPS beat(16)76.04%
Revenue beat(2)0
Avg Revenue beat(2)-1.52%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)-1.51%
Revenue beat(4)1
Avg Revenue beat(4)1.81%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)11.02%
Revenue beat(8)4
Avg Revenue beat(8)0.22%
Revenue beat(12)8
Avg Revenue beat(12)2.33%
Revenue beat(16)11
Avg Revenue beat(16)4.56%
PT rev (1m)-8.71%
PT rev (3m)-18.03%
EPS NQ rev (1m)-7.5%
EPS NQ rev (3m)-35.98%
EPS NY rev (1m)-5.06%
EPS NY rev (3m)-7.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.22%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 6.67 | ||
| P/S | 0.5 | ||
| P/FCF | 106.29 | ||
| P/OCF | 6.9 | ||
| P/B | 0.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.04 |
EPS(TTM)2.34
EY11.5%
EPS(NY)3.05
Fwd EY15%
FCF(TTM)0.19
FCFY0.94%
OCF(TTM)2.95
OCFY14.5%
SpS40.38
BVpS41.13
TBVpS-8.53
PEG (NY)0.37
PEG (5Y)N/A
Graham Number46.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -16.7% | ||
| ROCE | 2.17% | ||
| ROIC | 1.72% | ||
| ROICexc | 1.77% | ||
| ROICexgc | 5.25% | ||
| OM | 4.15% | ||
| PM (TTM) | N/A | ||
| GM | 47.29% | ||
| FCFM | 0.47% |
ROA(3y)-8.62%
ROA(5y)9.28%
ROE(3y)-19.28%
ROE(5y)7.89%
ROIC(3y)4.37%
ROIC(5y)20.45%
ROICexc(3y)4.54%
ROICexc(5y)30.14%
ROICexgc(3y)17.29%
ROICexgc(5y)56.29%
ROCE(3y)5.53%
ROCE(5y)25.88%
ROICexgc growth 3Y-72.1%
ROICexgc growth 5Y-43.85%
ROICexc growth 3Y-77.1%
ROICexc growth 5Y-42.97%
OM growth 3Y-68.75%
OM growth 5Y-39.02%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.83%
GM growth 5Y-5.07%
F-Score5
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 200.49 | ||
| Debt/EBITDA | 3.74 | ||
| Cap/Depr | 42.61% | ||
| Cap/Sales | 6.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.19% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.73 |
F-Score5
WACC7.26%
ROIC/WACC0.24
Cap/Depr(3y)46.16%
Cap/Depr(5y)161.74%
Cap/Sales(3y)6.1%
Cap/Sales(5y)7.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.1%
EPS 3Y-52.97%
EPS 5Y-9.03%
EPS Q2Q%271.43%
EPS Next Y23.7%
EPS Next 2Y28.44%
EPS Next 3Y29.07%
EPS Next 5Y24.45%
Revenue 1Y (TTM)-3.28%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.63%
Revenue Next Year-2.55%
Revenue Next 2Y0.07%
Revenue Next 3Y1.58%
Revenue Next 5Y1.96%
EBIT growth 1Y8.79%
EBIT growth 3Y-63.16%
EBIT growth 5Y-15.19%
EBIT Next Year80.36%
EBIT Next 3Y30.43%
EBIT Next 5Y21.99%
FCF growth 1Y-88.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.98%
OCF growth 3Y-53.13%
OCF growth 5Y-9.2%
QUIDELORTHO CORP / QDEL FAQ
Can you provide the ChartMill fundamental rating for QUIDELORTHO CORP?
ChartMill assigns a fundamental rating of 4 / 10 to QDEL.
What is the valuation status of QUIDELORTHO CORP (QDEL) stock?
ChartMill assigns a valuation rating of 8 / 10 to QUIDELORTHO CORP (QDEL). This can be considered as Undervalued.
What is the profitability of QDEL stock?
QUIDELORTHO CORP (QDEL) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for QDEL stock?
The Earnings per Share (EPS) of QUIDELORTHO CORP (QDEL) is expected to grow by 23.7% in the next year.