QUIDELORTHO CORP (QDEL) Stock Fundamental Analysis
USA - NASDAQ:QDEL - US2197981051 - Common Stock
21.34 USD
-0.84 (-3.79%)
21.34 USD
0 (0%)
Taking everything into account, QDEL scores 4 out of 10 in our fundamental rating. QDEL was compared to 189 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 is valued quite cheap, while showing a decent growth score. This is a good combination!
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
Looking at the Return On Assets, with a value of -7.31%, QDEL is in the better half of the industry, outperforming 64.02% of the companies in the same industry.
QDEL has a Return On Equity of -16.68%. This is in the better half of the industry: QDEL outperforms 61.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.73%, QDEL is in the better half of the industry, outperforming 68.78% 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 8.99%.
| 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
QDEL has a Operating Margin of 4.19%. This is in the better half of the industry: QDEL outperforms 69.31% of its industry peers.
In the last couple of years the Operating Margin of QDEL has declined.
With a Gross Margin value of 47.29%, QDEL perfoms like the industry average, outperforming 42.33% of the companies in the same industry.
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.
Compared to 1 year ago, QDEL has more shares outstanding
Compared to 5 years ago, QDEL has more shares outstanding
QDEL has a worse debt/assets ratio than last year.
2.2 Solvency
QDEL has an Altman-Z score of 0.74. This is a bad value and indicates that QDEL is not financially healthy and even has some risk of bankruptcy.
QDEL's Altman-Z score of 0.74 is in line compared to the rest of the industry. QDEL outperforms 50.26% of its industry peers.
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 has a Debt to FCF ratio of 200.46. This is in the better half of the industry: QDEL outperforms 65.61% 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.
Looking at the Debt to Equity ratio, with a value of 0.74, QDEL is doing worse than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 200.46 | ||
| Altman-Z | 0.74 |
ROIC/WACC0.25
WACC6.86%
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.
With a Current ratio value of 1.12, QDEL is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
A Quick Ratio of 0.62 indicates that QDEL may have some problems paying its short term obligations.
The Quick ratio of QDEL (0.62) is worse than 89.95% of its industry peers.
| 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.
The Earnings Per Share has been decreasing by -9.03% on average over the past years.
QDEL shows a decrease in Revenue. In the last year, the revenue decreased by -7.17%.
QDEL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.07% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.32, the valuation of QDEL can be described as reasonable.
91.53% of the companies in the same industry are more expensive than QDEL, based on the Price/Earnings ratio.
QDEL is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.09, the valuation of QDEL can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QDEL indicates a rather cheap valuation: QDEL is cheaper than 97.35% of the companies listed 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 | 9.32 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QDEL is valued cheaply inside the industry as 94.71% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QDEL indicates a somewhat cheap valuation: QDEL is cheaper than 68.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 111.46 | ||
| EV/EBITDA | 7.15 |
4.3 Compensation for Growth
The 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 28.16% in the coming years. This may justify a more expensive valuation.
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 |
21.34
-0.84 (-3.79%)
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 Change-1.65%
Ins Owners0.58%
Ins Owner Change2.48%
Market Cap1.45B
Revenue(TTM)2.78B
Net Income(TTM)-466.00M
Analysts74.29
Price Target40.97 (91.99%)
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)-7.5%
EPS NQ rev (3m)-35.98%
EPS NY rev (1m)-4.15%
EPS NY rev (3m)-6.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.22%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.32 | ||
| Fwd PE | 7.09 | ||
| P/S | 0.53 | ||
| P/FCF | 111.46 | ||
| P/OCF | 7.21 | ||
| P/B | 0.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.15 |
EPS(TTM)2.29
EY10.73%
EPS(NY)3.01
Fwd EY14.11%
FCF(TTM)0.19
FCFY0.9%
OCF(TTM)2.96
OCFY13.87%
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 | 0.74 |
F-Score5
WACC6.86%
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.