27.76 USD
-0.06 (-0.22%)
28.0348 USD
+0.27 (+0.99%)
QDEL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 187 industry peers in the Health Care Equipment & Supplies industry. QDEL has a bad profitability rating. Also its financial health evaluation is rather negative. QDEL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
QDEL had positive earnings in the past year.
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.
Each year in the past 5 years QDEL had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -20.78%, QDEL perfoms like the industry average, outperforming 52.91% of the companies in the same industry.
With a Return On Equity value of -57.90%, QDEL perfoms like the industry average, outperforming 49.21% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.74%, QDEL is in the better half of the industry, outperforming 68.25% of the companies in the same industry.
QDEL had an Average Return On Invested Capital over the past 3 years of 4.37%. This is below the industry average of 8.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.78% | ||
| ROE | -57.9% | ||
| ROIC | 1.74% |
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
QDEL has a better Operating Margin (3.98%) than 68.78% of its industry peers.
QDEL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 47.15%, QDEL is in line with its industry, outperforming 40.74% of the companies in the same industry.
QDEL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.98% | ||
| PM (TTM) | N/A | ||
| GM | 47.15% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), QDEL is destroying value.
The number of shares outstanding for QDEL has been increased compared to 1 year ago.
The number of shares outstanding for QDEL has been increased compared to 5 years ago.
QDEL has a worse debt/assets ratio than last year.
2.2 Solvency
QDEL has an Altman-Z score of 0.77. This is a bad value and indicates that QDEL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.77, QDEL is in line with its industry, outperforming 48.68% of the companies in the same industry.
A Debt/Equity ratio of 1.23 is on the high side and indicates that QDEL has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.23, QDEL is doing worse than 77.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.77 |
ROIC/WACC0.24
WACC7.19%
2.3 Liquidity
A Current Ratio of 1.78 indicates that QDEL should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.78, QDEL is doing worse than 67.72% of the companies in the same industry.
QDEL has a Quick Ratio of 1.78. This is a bad value and indicates that QDEL is not financially healthy enough and could expect problems in meeting its short term obligations.
QDEL has a worse Quick ratio (0.98) than 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
QDEL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.18%.
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.
QDEL shows a decrease in Revenue. In the last year, the revenue decreased by -3.67%.
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)-3.67%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.74%
3.2 Future
The Earnings Per Share is expected to grow by 21.56% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.98% on average over the next years.
EPS Next Y17.21%
EPS Next 2Y20.82%
EPS Next 3Y24.03%
EPS Next 5Y21.56%
Revenue Next Year-2.33%
Revenue Next 2Y0.02%
Revenue Next 3Y1.41%
Revenue Next 5Y1.98%
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
A Price/Earnings ratio of 12.12 indicates a correct valuation of QDEL.
Based on the Price/Earnings ratio, QDEL is valued cheaper than 91.01% of the companies in the same industry.
QDEL is valuated cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.28, the valuation of QDEL can be described as reasonable.
QDEL's Price/Forward Earnings ratio is rather cheap when compared to the industry. QDEL is cheaper than 94.18% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. QDEL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.12 | ||
| Fwd PE | 10.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QDEL indicates a rather cheap valuation: QDEL is cheaper than 93.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.14 |
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.
QDEL's earnings are expected to grow with 24.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.7
PEG (5Y)N/A
EPS Next 2Y20.82%
EPS Next 3Y24.03%
5. Dividend
5.1 Amount
No dividends for QDEL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.76
-0.06 (-0.22%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners122.65%
Inst Owner Change3.71%
Ins Owners0.61%
Ins Owner Change1.16%
Market Cap1.89B
Revenue(TTM)2.71B
Net Income(TTM)-1.18B
Analysts74.29
Price Target37.59 (35.41%)
Short Float %16.56%
Short Ratio7.53
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)381.21%
Min EPS beat(2)70.71%
Max EPS beat(2)691.7%
EPS beat(4)4
Avg EPS beat(4)197.7%
Min EPS beat(4)4.59%
Max EPS beat(4)691.7%
EPS beat(8)7
Avg EPS beat(8)123.74%
EPS beat(12)10
Avg EPS beat(12)89.01%
EPS beat(16)13
Avg EPS beat(16)77.39%
Revenue beat(2)1
Avg Revenue beat(2)0.83%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)3.19%
Revenue beat(4)1
Avg Revenue beat(4)-0.15%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)3.19%
Revenue beat(8)4
Avg Revenue beat(8)0.51%
Revenue beat(12)8
Avg Revenue beat(12)2.03%
Revenue beat(16)11
Avg Revenue beat(16)2.72%
PT rev (1m)-8.24%
PT rev (3m)-16.23%
EPS NQ rev (1m)-30.49%
EPS NQ rev (3m)-46.16%
EPS NY rev (1m)-5.25%
EPS NY rev (3m)-10.75%
Revenue NQ rev (1m)-1.89%
Revenue NQ rev (3m)-3.79%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.12 | ||
| Fwd PE | 10.28 | ||
| P/S | 0.69 | ||
| P/FCF | N/A | ||
| P/OCF | 50.56 | ||
| P/B | 0.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.14 |
EPS(TTM)2.29
EY8.25%
EPS(NY)2.7
Fwd EY9.73%
FCF(TTM)-2.25
FCFYN/A
OCF(TTM)0.55
OCFY1.98%
SpS39.96
BVpS29.98
TBVpS-8.41
PEG (NY)0.7
PEG (5Y)N/A
Graham Number39.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.78% | ||
| ROE | -57.9% | ||
| ROCE | 2.2% | ||
| ROIC | 1.74% | ||
| ROICexc | 1.78% | ||
| ROICexgc | 3.88% | ||
| OM | 3.98% | ||
| PM (TTM) | N/A | ||
| GM | 47.15% | ||
| FCFM | N/A |
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 Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.57 | ||
| Cap/Depr | 43.31% | ||
| Cap/Sales | 7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 6.82% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 0.77 |
F-Score5
WACC7.19%
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)-4.18%
EPS 3Y-52.97%
EPS 5Y-9.03%
EPS Q2Q%-5.88%
EPS Next Y17.21%
EPS Next 2Y20.82%
EPS Next 3Y24.03%
EPS Next 5Y21.56%
Revenue 1Y (TTM)-3.67%
Revenue growth 3Y17.89%
Revenue growth 5Y39.07%
Sales Q2Q%-3.74%
Revenue Next Year-2.33%
Revenue Next 2Y0.02%
Revenue Next 3Y1.41%
Revenue Next 5Y1.98%
EBIT growth 1Y4.34%
EBIT growth 3Y-63.16%
EBIT growth 5Y-15.19%
EBIT Next Year938.78%
EBIT Next 3Y132.63%
EBIT Next 5Y90.11%
FCF growth 1Y-203.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-89.9%
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 3 / 10 to QDEL.
What is the valuation status of QUIDELORTHO CORP (QDEL) stock?
ChartMill assigns a valuation rating of 6 / 10 to QUIDELORTHO CORP (QDEL). This can be considered as Fairly Valued.
What is the profitability of QDEL stock?
QUIDELORTHO CORP (QDEL) has a profitability rating of 3 / 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 17.21% in the next year.