1.19 USD
-0.11 (-8.46%)
1.21 USD
+0.02 (+1.68%)
We assign a fundamental rating of 4 out of 10 to LUCY. LUCY was compared to 184 industry peers in the Health Care Equipment & Supplies industry. LUCY has a great financial health rating, but its profitability evaluates not so good. LUCY shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
- In the past year LUCY has reported negative net income.
- In the past year LUCY has reported a negative cash flow from operations.
- In the past 5 years LUCY always reported negative net income.
- In the past 5 years LUCY always reported negative operating cash flow.
1.2 Ratios
- LUCY has a worse Return On Assets (-70.22%) than 72.83% of its industry peers.
- Looking at the Return On Equity, with a value of -76.56%, LUCY is in line with its industry, outperforming 41.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -70.22% | ||
| ROE | -76.56% | ||
| ROIC | N/A |
ROA(3y)-102.4%
ROA(5y)-213.8%
ROE(3y)-115.52%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Gross Margin value of 22.83%, LUCY is not doing good in the industry: 79.35% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of LUCY has declined.
- LUCY 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 | 22.83% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.43%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- LUCY does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, LUCY has more shares outstanding
- Compared to 5 years ago, LUCY has less shares outstanding
- LUCY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of -0.46, we must say that LUCY is in the distress zone and has some risk of bankruptcy.
- LUCY has a Altman-Z score (-0.46) which is in line with its industry peers.
- LUCY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.46 |
ROIC/WACCN/A
WACC10%
2.3 Liquidity
- LUCY has a Current Ratio of 11.98. This indicates that LUCY is financially healthy and has no problem in meeting its short term obligations.
- LUCY's Current ratio of 11.98 is amongst the best of the industry. LUCY outperforms 94.57% of its industry peers.
- A Quick Ratio of 10.13 indicates that LUCY has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 10.13, LUCY belongs to the top of the industry, outperforming 94.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.98 | ||
| Quick Ratio | 10.13 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 72.66% over the past year.
- The Revenue has grown by 53.21% in the past year. This is a very strong growth!
- Measured over the past years, LUCY shows a very strong growth in Revenue. The Revenue has been growing by 33.36% on average per year.
EPS 1Y (TTM)72.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%61.62%
Revenue 1Y (TTM)53.21%
Revenue growth 3Y33.36%
Revenue growth 5YN/A
Sales Q2Q%163.46%
3.2 Future
- The Earnings Per Share is expected to grow by 36.67% on average over the next years. This is a very strong growth
- Based on estimates for the next years, LUCY will show a very strong growth in Revenue. The Revenue will grow by 117.64% on average per year.
EPS Next Y71.92%
EPS Next 2Y36.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year52.63%
Revenue Next 2Y117.64%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for LUCY. In the last year negative earnings were reported.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LUCY. 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 LUCY's earnings are expected to grow with 36.67% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- LUCY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
INNOVATIVE EYEWEAR INC / LUCY FAQ
Can you provide the ChartMill fundamental rating for INNOVATIVE EYEWEAR INC?
ChartMill assigns a fundamental rating of 4 / 10 to LUCY.
Can you provide the valuation status for INNOVATIVE EYEWEAR INC?
ChartMill assigns a valuation rating of 1 / 10 to INNOVATIVE EYEWEAR INC (LUCY). This can be considered as Overvalued.
What is the profitability of LUCY stock?
INNOVATIVE EYEWEAR INC (LUCY) has a profitability rating of 0 / 10.
Can you provide the expected EPS growth for LUCY stock?
The Earnings per Share (EPS) of INNOVATIVE EYEWEAR INC (LUCY) is expected to grow by 71.92% in the next year.