BUTTERFLY NETWORK INC (BFLY)
US1241551027 - Common Stock
Overall BFLY gets a fundamental rating of 2 out of 10. We evaluated BFLY against 192 industry peers in the Health Care Equipment & Supplies industry. While BFLY seems to be doing ok healthwise, there are quite some concerns on its profitability. BFLY has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BFLY has reported negative net income.
BFLY had a negative operating cash flow in the past year.
BFLY had negative earnings in each of the past 5 years.
BFLY had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
BFLY's Return On Assets of -43.94% is on the low side compared to the rest of the industry. BFLY is outperformed by 64.58% of its industry peers.
Looking at the Return On Equity, with a value of -60.76%, BFLY is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -43.94% | ||
| ROE | -60.76% | ||
| ROIC | N/A |
ROA(3y)-30%
ROA(5y)N/A
ROE(3y)-39.95%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Gross Margin value of 25.57%, BFLY is not doing good in the industry: 77.60% of the companies in the same industry are doing better.
BFLY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 25.57% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BFLY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BFLY has more shares outstanding
There is no outstanding debt for BFLY. 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
Based on the Altman-Z score of -2.61, we must say that BFLY is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -2.61, BFLY is not doing good in the industry: 64.06% of the companies in the same industry are doing better.
There is no outstanding debt for BFLY. 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 | N/A | ||
| Altman-Z | -2.61 |
ROIC/WACCN/A
WACC10.03%
2.3 Liquidity
A Current Ratio of 5.22 indicates that BFLY has no problem at all paying its short term obligations.
BFLY has a Current ratio of 5.22. This is in the better half of the industry: BFLY outperforms 70.83% of its industry peers.
BFLY has a Quick Ratio of 3.57. This indicates that BFLY is financially healthy and has no problem in meeting its short term obligations.
BFLY has a better Quick ratio (3.57) than 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.22 | ||
| Quick Ratio | 3.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.62% over the past year.
BFLY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.20%.
EPS 1Y (TTM)22.62%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-23.53%
Revenue 1Y (TTM)-10.2%
Revenue growth 3YN/A
Revenue growth 5YN/A
Revenue growth Q2Q-12.98%
3.2 Future
The Earnings Per Share is expected to grow by 15.12% on average over the next years. This is quite good.
Based on estimates for the next years, BFLY will show a quite strong growth in Revenue. The Revenue will grow by 17.98% on average per year.
EPS Next Y29.38%
EPS Next 2Y15.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.63%
Revenue Next 2Y17.98%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BFLY. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BFLY. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as BFLY's earnings are expected to grow with 15.12% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.12%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BFLY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BUTTERFLY NETWORK INC
NYSE:BFLY (5/2/2024, 7:04:01 PM)
Premarket: 0.8999 -0.02 (-2.43%)0.9223
+0.14 (+17.19%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap191.96M
Analysts
Price Target
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)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -43.94% | ||
| ROE | -60.76% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 25.57% | ||
| 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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.22 | ||
| Quick Ratio | 3.57 | ||
| 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)
Growth
EPS 1Y (TTM)22.62%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y29.38%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-10.2%
Revenue growth 3YN/A
Revenue growth 5Y
Revenue growth 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