Cemtrex, Inc. (NASDAQ:CETX) runs in leading trade, it increasing 18.09% to traded at $5.68. CETX attains analyst recommendation of 2.00 on scale of 1-5 with week’s performance of -6.24%. Cemtrex (CETX) announced its consolidated results of operations for the twelve months ended September 30th, 2016.
Commenting on the yearly results, Mr. Saagar Govil, Chairman and Chief Executive Officer of the Company remarked, “This past year we were able to complete two strategic acquisitions that allowed our revenues to increase 65%. Out net income also increased 76% mainly due to the increased income from the acquired operations. We have been able to establish a repeat customer base through our proven technologies, cost-effective manufacturing, and on-time delivery of equipment which creates a positive outlook for sustainable revenue growth.”
To find out the technical position of CETX, it holds price to book ratio of 3.23 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 7.40, and price to earnings ratio calculated as 11.70.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 511.60%, and looking further price to next year’s EPS is 27.45%. While take a short look on price to sales ratio, that was 0.71 and price to earning ration of 11.70 attracting passive investors.
Danaher Corporation (NYSE:DHR) kept active in under and overvalue discussion, DHR holds price to book ratio of 2.34 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 25.59, which is authentic method to judge but not universal for all situation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, DHR has forward price to earnings ratio of 19.94, compare to its price to earnings ratio of 25.59. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 2.67. The co is presenting price to cash flow as 56.16 and while calculating price to free cash flow it concluded at 20.46, the low single digit may indicate stock is undervalued and vice versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 1.38% for a week and 1.31% for a month. Its beta stands at 1.04 times. Narrow down four to firm performance, its weekly performance was -0.44% and monthly performance was -1.09%.