Foxx Development Holdings Inc. (NASDAQ: FOXX)

Sector: Technology Industry: Consumer Electronics CIK: 0002013807
P/B -4.99
P/E -4.12
P/S 0.63
Market Cap 39.61 Mn
ROIC (Qtr) -187.93
Div Yield % 0.00
Rev 1y % (Qtr) -12.50
Total Debt (Qtr) 21.45 Mn
Debt/Equity (Qtr) -2.70

About

Stock Price Chart

Analysis

Pros

  • Tangible assets of 49.81M provide exceptional 135.45x coverage of deferred revenue 367709, showing strong service capability backing.
  • Operating cash flow of (6.69M) fully covers other non-current liabilities (367709) by 18.20x, showing strong long-term stability.
  • Tangible assets of 49.81M provide robust 11.47x coverage of other current liabilities 4.34M, indicating strong asset backing.
  • Retained earnings of (22.91M) represent substantial 2.89x of equity (7.94M), indicating strong internal capital generation.
  • R&D investment of 2.45M represents healthy 6.67x of deferred revenue 367709, indicating strong future innovation pipeline.

Cons

  • With cash reserves of 1.48M against inventory of 11.46M, the 0.13 cash-to-inventory ratio suggests potential liquidity risks if inventory turnover slows, particularly concerning given current supply chain volatilities.
  • Investment activities of (5236) provide weak support for R&D spending of 2.45M, which is -0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Operating cash flow of (6.69M) provides insufficient coverage of deferred revenue obligations of 367709, which is -18.20x, raising concerns about future service delivery capabilities.
  • The company's operating cash flow of (6.69M) shows concerning coverage of stock compensation expenses of 1.11M, with a -6.02 ratio indicating potential earnings quality issues.
  • Free cash flow of (6.70M) provides weak coverage of capital expenditures of 5236, with a -1279.35 ratio suggesting additional external financing needs for growth initiatives.

Peer Comparison

Companies in the Consumer Electronics
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 AAPL Apple Inc. 4,169.05 Bn 37.22 10.02 98.66 Bn
2 SONY Sony Group Corp 162.78 Bn 20.79 1.91 13.01 Bn
3 SONO Sonos Inc 2.28 Bn -37.29 1.58 0.05 Bn
4 LPL LG Display Co., Ltd. 2.27 Bn -17.49 0.12 9.69 Bn
5 ZEPP Zepp Health Corp 0.47 Bn -7.16 2.03 0.21 Bn
6 TBCH Turtle Beach Corp 0.29 Bn 15.92 0.84 0.09 Bn
7 GPRO GoPro, Inc. 0.28 Bn -2.32 0.43 0.20 Bn
8 VUZI Vuzix Corp 0.24 Bn -6.54 46.00 0.00 Bn

Industry Comparisons

Current Valuation

Metric Value Industry Percentile
EV to Assets 0.74 1.62
EV to Cash from Ops. -5.54 6.45
EV to Debt 1.73 200.47
EV to EBIT -12.44 -28.79
EV to EBITDA -4.55 6.30
EV to Free Cash Flow [EV/FCF] -5.53 44.66
EV to Market Cap 0.94 1.96
EV to Revenue 0.59 3.73
Price to Book Value [P/B] -4.99 4.94
Price to Earnings [P/E] -4.12 -24.97

Dividend Metrics

Metric Value Industry Percentile
Dividend Coverage Ratio 0.00 -85.09
Dividend Payout Ratio % 0.00 1.06
Dividend per Basic Share 0.00 0.06
FCF Dividend Payout Ratio % 0.00 0.86
Interest Coverage -0.45 -24.02

Growth Metrics

Metric Value Industry Percentile
Capex Growth (1y) % 86.78 -25,923.54
Cash and Equivalents Growth (1y) % -94.81 21.58
Dividend Growth (1y) % 0.00 -3.99
EBIAT Growth (1y) % 33.24 -636.78
EBITDA Growth (1y) % -89.45 -136.04
EBIT Growth (1y) % 33.52 392.34
EBT Growth (1y) % -85.98 -2.62
EPS Growth (1y) % 5.26 -36.64
FCF Growth (1y) % -87.35 -2,257.13
Gross Profit Growth (1y) % 1,285.09 63.03

Liquidity Ratios

Metric Value Industry Percentile
Asset Utilization Ratio 1.27 0.77
Cash Payout Ratio 0.00 0.01
Cash Ratio 0.04 0.79
Current Ratio 0.73 3.15
Debt to Equity Ratio -2.70 3.74
Interest Cover Ratio -0.45 -24.02
Times Interest Earned -0.45 -24.02

Profitability

Metric Value Industry Percentile
EBITDA Margin % -3.70 -156.03
EBIT Margin % -4.73 395.52
EBT Margin % -15.14 -168.00
Gross Margin % 11.30 19.60
Net Profit Margin % -15.30 -169.24