QUIDELORTHO CORP (QDEL) Stock Fundamental Analysis
USA - NASDAQ:QDEL - US2197981051 - Common Stock
21.1 USD
-0.24 (-1.12%)
21.1 USD
0 (0%)
Taking everything into account, QDEL scores 4 out of 10 in our fundamental rating. QDEL was compared to 188 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 scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
The reported net income has been mixed in the past 5 years: QDEL reported negative net income in multiple 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 64.36% of its industry peers.
QDEL has a Return On Equity of -16.68%. This is in the better half of the industry: QDEL outperforms 61.70% of its industry peers.
The Return On Invested Capital of QDEL (1.73%) is better than 68.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QDEL is below the industry average of 8.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -16.68% | ||
| ROIC | 1.73% |
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
Looking at the Operating Margin, with a value of 4.19%, QDEL is in the better half of the industry, outperforming 69.15% of the companies in the same industry.
In the last couple of years the Operating Margin of QDEL has declined.
QDEL's Gross Margin of 47.29% is in line compared to the rest of the industry. QDEL outperforms 42.55% of its industry peers.
In the last couple of years the Gross Margin of QDEL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.19% | ||
| PM (TTM) | N/A | ||
| GM | 47.29% |
OM growth 3Y-68.7%
OM growth 5Y-38.97%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.83%
GM growth 5Y-5.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), QDEL is destroying value.
QDEL has more shares outstanding than it did 1 year ago.
QDEL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, QDEL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.73, we must say that QDEL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.73, QDEL is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of QDEL is 200.46, which is on the high side as it means it would take QDEL, 200.46 years of fcf income to pay off all of its debts.
QDEL's Debt to FCF ratio of 200.46 is fine compared to the rest of the industry. QDEL outperforms 65.43% of its industry peers.
QDEL has a Debt/Equity ratio of 0.74. This is a neutral value indicating QDEL is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.74, QDEL is not doing good in the industry: 71.28% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 200.46 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.25
WACC6.87%
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.
Looking at the Current ratio, with a value of 1.12, QDEL is doing worse than 86.17% of the companies in the same industry.
A Quick Ratio of 0.62 indicates that QDEL may have some problems paying its short term obligations.
With a Quick ratio value of 0.62, QDEL is not doing good in the industry: 90.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for QDEL have decreased by -4.18% in the last year.
Measured over the past years, QDEL shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.03% on average per year.
Looking at the last year, QDEL shows a decrease in Revenue. The Revenue has decreased by -7.17% in the last year.
Measured over the past years, QDEL shows a very strong growth in Revenue. The Revenue has been growing by 39.07% on average per year.
EPS 1Y (TTM)-4.18%
EPS 3Y-52.97%
EPS 5Y-9.03%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)-7.17%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.74%
3.2 Future
Based on estimates for the next years, QDEL will show a very strong growth in Earnings Per Share. The EPS will grow by 24.45% on average per year.
The Revenue is expected to grow by 1.95% on average over the next years.
EPS Next Y22.53%
EPS Next 2Y27.57%
EPS Next 3Y28.16%
EPS Next 5Y24.45%
Revenue Next Year-2.61%
Revenue Next 2Y-0.02%
Revenue Next 3Y1.44%
Revenue Next 5Y1.95%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
QDEL is valuated reasonably with a Price/Earnings ratio of 9.21.
Compared to the rest of the industry, the Price/Earnings ratio of QDEL indicates a rather cheap valuation: QDEL is cheaper than 93.09% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, QDEL is valued rather cheaply.
The Price/Forward Earnings ratio is 7.01, which indicates a rather cheap valuation of QDEL.
QDEL's Price/Forward Earnings ratio is rather cheap when compared to the industry. QDEL is cheaper than 97.34% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, QDEL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.21 | ||
| Fwd PE | 7.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QDEL is valued cheaper than 94.68% of the companies in the same industry.
67.55% of the companies in the same industry are more expensive than QDEL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 110.21 | ||
| EV/EBITDA | 7.05 |
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 28.16% in the coming years.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y27.57%
EPS Next 3Y28.16%
5. Dividend
5.1 Amount
No dividends for QDEL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.1
-0.24 (-1.12%)
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 Change3.71%
Ins Owners0.58%
Ins Owner Change9.06%
Market Cap1.43B
Revenue(TTM)2.78B
Net Income(TTM)-466.00M
Analysts74.29
Price Target40.97 (94.17%)
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)-2.82%
PT rev (3m)-18.03%
EPS NQ rev (1m)-0.31%
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)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.21 | ||
| Fwd PE | 7.01 | ||
| P/S | 0.52 | ||
| P/FCF | 110.21 | ||
| P/OCF | 7.13 | ||
| P/B | 0.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.05 |
EPS(TTM)2.29
EY10.85%
EPS(NY)3.01
Fwd EY14.27%
FCF(TTM)0.19
FCFY0.91%
OCF(TTM)2.96
OCFY14.03%
SpS40.38
BVpS41.13
TBVpS-8.53
PEG (NY)0.41
PEG (5Y)N/A
Graham Number46.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.31% | ||
| ROE | -16.68% | ||
| ROCE | 2.2% | ||
| ROIC | 1.73% | ||
| ROICexc | 1.79% | ||
| ROICexgc | 5.3% | ||
| OM | 4.19% | ||
| 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-72.06%
ROICexgc growth 5Y-43.79%
ROICexc growth 3Y-77.07%
ROICexc growth 5Y-42.92%
OM growth 3Y-68.7%
OM growth 5Y-38.97%
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 | 200.46 | ||
| Debt/EBITDA | 3.74 | ||
| Cap/Depr | 42.82% | ||
| Cap/Sales | 6.86% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.28% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.73 |
F-Score5
WACC6.87%
ROIC/WACC0.25
Cap/Depr(3y)46.17%
Cap/Depr(5y)161.75%
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)-4.18%
EPS 3Y-52.97%
EPS 5Y-9.03%
EPS Q2Q%-5.88%
EPS Next Y22.53%
EPS Next 2Y27.57%
EPS Next 3Y28.16%
EPS Next 5Y24.45%
Revenue 1Y (TTM)-7.17%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.74%
Revenue Next Year-2.61%
Revenue Next 2Y-0.02%
Revenue Next 3Y1.44%
Revenue Next 5Y1.95%
EBIT growth 1Y10.15%
EBIT growth 3Y-63.1%
EBIT growth 5Y-15.12%
EBIT Next Year931.63%
EBIT Next 3Y132.67%
EBIT Next 5Y88.82%
FCF growth 1Y-88.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.79%
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 22.53% in the next year.