SANGOMA TECHNOLOGIES CORP (SANG) Stock Fundamental Analysis
USA - NASDAQ:SANG - CA80100R4089 - Common Stock
5.17 USD
-0.05 (-0.96%)
5 USD
-0.17 (-3.29%)
We assign a fundamental rating of 3 out of 10 to SANG. SANG was compared to 48 industry peers in the Communications Equipment industry. Both the profitability and financial health of SANG have multiple concerns. SANG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
SANG had negative earnings in the past year.
In the past year SANG had a positive cash flow from operations.
In the past 5 years SANG reported 4 times negative net income.
Of the past 5 years SANG 4 years had a positive operating cash flow.
1.2 Ratios
SANG has a Return On Assets of -1.92%. This is comparable to the rest of the industry: SANG outperforms 47.92% of its industry peers.
SANG's Return On Equity of -2.71% is in line compared to the rest of the industry. SANG outperforms 54.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.92% | ||
| ROE | -2.71% | ||
| ROIC | N/A |
ROA(3y)-10.31%
ROA(5y)-5.73%
ROE(3y)-17.31%
ROE(5y)-9.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SANG has a Gross Margin of 68.63%. This is amongst the best in the industry. SANG outperforms 93.75% of its industry peers.
SANG's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for SANG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.63% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.9%
GM growth 5Y2.76%
2. Health
2.1 Basic Checks
SANG does not have a ROIC to compare to the WACC, probably because it is not profitable.
SANG 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 1.03, we must say that SANG is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SANG (1.03) is comparable to the rest of the industry.
SANG has a debt to FCF ratio of 1.71. This is a very positive value and a sign of high solvency as it would only need 1.71 years to pay back of all of its debts.
The Debt to FCF ratio of SANG (1.71) is better than 64.58% of its industry peers.
SANG has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
SANG has a Debt to Equity ratio of 0.16. This is comparable to the rest of the industry: SANG outperforms 54.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | 1.03 |
ROIC/WACCN/A
WACC9.03%
2.3 Liquidity
SANG has a Current Ratio of 0.87. This is a bad value and indicates that SANG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.87, SANG is doing worse than 91.67% of the companies in the same industry.
SANG has a Quick Ratio of 0.87. This is a bad value and indicates that SANG is not financially healthy enough and could expect problems in meeting its short term obligations.
SANG has a worse Quick ratio (0.69) than 85.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 46.15% over the past year.
EPS 1Y (TTM)46.15%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.58%
3.2 Future
The Earnings Per Share is expected to grow by 155.83% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.78% on average over the next years.
EPS Next Y132.46%
EPS Next 2Y155.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.38%
Revenue Next 2Y3.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
SANG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 113.75, which means the current valuation is very expensive for SANG.
SANG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SANG is more expensive than 62.50% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SANG to the average of the S&P500 Index (22.86), we can say SANG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 113.75 |
4.2 Price Multiples
97.92% of the companies in the same industry are more expensive than SANG, based on the Enterprise Value to EBITDA ratio.
SANG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SANG is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.72 | ||
| EV/EBITDA | 5.01 |
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.
SANG's earnings are expected to grow with 155.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y155.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for SANG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.17
-0.05 (-0.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners25.14%
Inst Owner Change-16.65%
Ins Owners26.88%
Ins Owner ChangeN/A
Market Cap171.90M
Analysts80
Price Target8.29 (60.35%)
Short Float %0.03%
Short Ratio3.17
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)0
Avg EPS beat(2)-114.52%
Min EPS beat(2)-197.03%
Max EPS beat(2)-32.01%
EPS beat(4)0
Avg EPS beat(4)-79.27%
Min EPS beat(4)-197.03%
Max EPS beat(4)-8.01%
EPS beat(8)2
Avg EPS beat(8)-71.23%
EPS beat(12)4
Avg EPS beat(12)-370.85%
EPS beat(16)5
Avg EPS beat(16)-310.58%
Revenue beat(2)0
Avg Revenue beat(2)-5.04%
Min Revenue beat(2)-7.66%
Max Revenue beat(2)-2.42%
Revenue beat(4)0
Avg Revenue beat(4)-3.65%
Min Revenue beat(4)-7.66%
Max Revenue beat(4)-1.26%
Revenue beat(8)2
Avg Revenue beat(8)-2.24%
Revenue beat(12)3
Avg Revenue beat(12)-2.11%
Revenue beat(16)7
Avg Revenue beat(16)0.99%
PT rev (1m)3.46%
PT rev (3m)-0.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)86.67%
EPS NY rev (1m)4.9%
EPS NY rev (3m)4.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 113.75 | ||
| P/S | 0.72 | ||
| P/FCF | 4.72 | ||
| P/OCF | 3.71 | ||
| P/B | 0.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.01 |
EPS(TTM)-0.14
EYN/A
EPS(NY)0.05
Fwd EY0.88%
FCF(TTM)1.1
FCFY21.21%
OCF(TTM)1.39
OCFY26.97%
SpS7.17
BVpS7.68
TBVpS-1.16
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.92% | ||
| ROE | -2.71% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.63% | ||
| FCFM | 15.3% |
ROA(3y)-10.31%
ROA(5y)-5.73%
ROE(3y)-17.31%
ROE(5y)-9.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.9%
GM growth 5Y2.76%
F-Score5
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | 0.91 | ||
| Cap/Depr | 21.7% | ||
| Cap/Sales | 4.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 106.35% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.03 |
F-Score5
WACC9.03%
ROIC/WACCN/A
Cap/Depr(3y)20.7%
Cap/Depr(5y)19.74%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)46.15%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
EPS Next Y132.46%
EPS Next 2Y155.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.58%
Revenue Next Year2.38%
Revenue Next 2Y3.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y20.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year4302.09%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y156.57%
FCF growth 3Y28.15%
FCF growth 5Y37.43%
OCF growth 1Y84.13%
OCF growth 3Y33.68%
OCF growth 5Y38.57%