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In the world of growth stocks, NASDAQ:HALO shines as a value proposition.

By Mill Chart

Last update: Apr 2, 2024

Uncover the potential of HALOZYME THERAPEUTICS INC (NASDAQ:HALO), a growth stock that our stock screener found to be reasonably priced. NASDAQ:HALO is excelling in growth aspects, maintaining a healthy financial position, and still offers an attractive valuation. We'll examine each aspect in detail.

A Closer Look at Growth for NASDAQ:HALO

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:HALO boasts a 9 out of 10:

  • HALO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.23%, which is quite impressive.
  • HALO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 45.64% yearly.
  • HALO shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.59%.
  • The Revenue has been growing by 40.42% on average over the past years. This is a very strong growth!
  • Based on estimates for the next years, HALO will show a very strong growth in Earnings Per Share. The EPS will grow by 20.73% on average per year.
  • HALO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.91% yearly.

Valuation Analysis for NASDAQ:HALO

ChartMill employs its own Valuation Rating system for all stocks. This score, ranging from 0 to 10, is determined by evaluating different valuation factors, including price to earnings and free cash flow, both in absolute terms and relative to the market and industry. NASDAQ:HALO has earned a 9 for valuation:

  • Compared to the rest of the industry, the Price/Earnings ratio of HALO indicates a rather cheap valuation: HALO is cheaper than 97.78% of the companies listed in the same industry.
  • HALO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
  • Based on the Price/Forward Earnings ratio of 10.99, the valuation of HALO can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of HALO indicates a rather cheap valuation: HALO is cheaper than 98.46% of the companies listed in the same industry.
  • HALO is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.62, which is the current average of the S&P500 Index.
  • Based on the Enterprise Value to EBITDA ratio, HALO is valued cheaper than 96.41% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of HALO indicates a rather cheap valuation: HALO is cheaper than 98.29% of the companies listed in the same industry.
  • The 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 30.61% in the coming years. This may justify a more expensive valuation.

Assessing Health for NASDAQ:HALO

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NASDAQ:HALO has earned a 7 out of 10:

  • HALO has an Altman-Z score of 3.55. This indicates that HALO is financially healthy and has little risk of bankruptcy at the moment.
  • HALO has a Altman-Z score of 3.55. This is in the better half of the industry: HALO outperforms 74.70% of its industry peers.
  • The Debt to FCF ratio of HALO (4.02) is better than 95.04% of its industry peers.
  • HALO has a Current Ratio of 6.64. This indicates that HALO is financially healthy and has no problem in meeting its short term obligations.
  • HALO has a better Current ratio (6.64) than 65.30% of its industry peers.
  • HALO has a Quick Ratio of 5.50. This indicates that HALO is financially healthy and has no problem in meeting its short term obligations.

Understanding NASDAQ:HALO's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:HALO has earned a 7 out of 10:

  • Looking at the Return On Assets, with a value of 16.25%, HALO belongs to the top of the industry, outperforming 98.97% of the companies in the same industry.
  • HALO has a Return On Equity of 335.99%. This is amongst the best in the industry. HALO outperforms 100.00% of its industry peers.
  • HALO's Return On Invested Capital of 17.00% is amongst the best of the industry. HALO outperforms 98.46% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for HALO is above the industry average of 13.58%.
  • HALO has a Profit Margin of 33.96%. This is amongst the best in the industry. HALO outperforms 99.15% of its industry peers.
  • Looking at the Operating Margin, with a value of 41.02%, HALO belongs to the top of the industry, outperforming 99.32% of the companies in the same industry.
  • With an excellent Gross Margin value of 76.82%, HALO belongs to the best of the industry, outperforming 85.98% of the companies in the same industry.

Every day, new Affordable Growth stocks can be found on ChartMill in our Affordable Growth 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 in any way. 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.

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HALOZYME THERAPEUTICS INC

NASDAQ:HALO (4/29/2024, 1:46:10 PM)

38.881

+0.31 (+0.81%)

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