ImmunoPrecise Antibodies Ltd. (IPA)
Total Valuation
IPA has a market cap or net worth of $37.58 million. The enterprise value is $44.54 million.
| Market Cap | 37.58M |
| Enterprise Value | 44.54M |
Important Dates
The next confirmed earnings date is Thursday, December 14, 2023, before market open.
| Earnings Date | Dec 14, 2023 |
| Ex-Dividend Date | n/a |
Share Statistics
IPA has 25.05 million shares outstanding. The number of shares has increased by 1.26% in one year.
| Shares Outstanding | 25.05M |
| Shares Change (YoY) | +1.26% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 1.70% |
| Owned by Institutions (%) | 6.51% |
| Float | 21.56M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.58 |
| Forward PS | 1.78 |
| PB Ratio | 1.07 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.71 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.45, with a Debt / Equity ratio of 0.18.
| Current Ratio | 2.45 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -35.40% and return on invested capital (ROIC) is -35.59%.
| Return on Equity (ROE) | -35.40% |
| Return on Assets (ROA) | -26.00% |
| Return on Capital (ROIC) | -35.59% |
| Revenue Per Employee | $160,903 |
| Profits Per Employee | -$154,070 |
| Employee Count | 102 |
| Asset Turnover | 0.27 |
| Inventory Turnover | 5.20 |
Taxes
| Income Tax | -772,419 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -67.50% in the last 52 weeks. The beta is 0.51, so IPA's price volatility has been lower than the market average.
| Beta (1Y) | 0.51 |
| 52-Week Price Change | -67.50% |
| 50-Day Moving Average | 1.60 |
| 200-Day Moving Average | 2.55 |
| Relative Strength Index (RSI) | 54.76 |
| Average Volume (30 Days) | 64,941 |
Short Selling Information
The latest short interest is 29,009, so 0.12% of the outstanding shares have been sold short.
| Short Interest | 29,009 |
| Short Previous Month | 47,035 |
| Short % of Shares Out | 0.12% |
| Short % of Float | 0.13% |
| Short Ratio (days to cover) | 0.30 |
Income Statement
In the last 12 months, IPA had revenue of $16.41 million and -$15.72 million in losses. Loss per share was -$0.62.
| Revenue | 16.41M |
| Gross Profit | 8.73M |
| Operating Income | -16.65M |
| Pretax Income | -16.02M |
| Net Income | -15.72M |
| EBITDA | -11.12M |
| EBIT | -16.02M |
| Loss Per Share | -$0.62 |
Balance Sheet
The company has $5.01 million in cash and $7.21 million in debt, giving a net cash position of -$2.21 million or -$0.09 per share.
| Cash & Cash Equivalents | 5.01M |
| Total Debt | 7.21M |
| Net Cash | -2.21M |
| Net Cash Per Share | -$0.09 |
| Equity / Book Value | 39.57M |
| Book Value Per Share | 1.58 |
| Working Capital | 6.83M |
Cash Flow
In the last 12 months, operating cash flow was -$7.51 million and capital expenditures -$1.13 million, giving a free cash flow of -$8.65 million.
| Operating Cash Flow | -7.51M |
| Capital Expenditures | -1.13M |
| Free Cash Flow | -8.65M |
| FCF Per Share | -$0.35 |
Margins
Gross margin is 53.19%, with operating and profit margins of -101.45% and -95.75%.
| Gross Margin | 53.19% |
| Operating Margin | -101.45% |
| Pretax Margin | -97.60% |
| Profit Margin | -95.75% |
| EBITDA Margin | -67.77% |
| EBIT Margin | -97.60% |
| FCF Margin | -52.67% |
Dividends & Yields
IPA does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -37.12% |
| FCF Yield | -20.42% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.26% |
| Shareholder Yield | -1.26% |
Analyst Forecast
The average price target for IPA is $8.00, which is 433.33% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $8.00 |
| Price Target Difference | 433.33% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | 18.39% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on November 23, 2020. It was a reverse split with a ratio of 1:5.
| Last Split Date | Nov 23, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
IPA has an Altman Z-Score of -0.38 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.38 |
| Piotroski F-Score | 2 |