NEOG - Intrinsic Value and Financial Analysis - Neogen Corporation

Neogen Corporation NEOG

Healthcare - Medical - Diagnostics & Research - NASDAQ - US

Watchlist

$ 14.6

-0.273 %

$ 3.16 B

Market Cap

-132.73

P/E

BALANCE SHEET

4.55 B ASSETS

Growth Rates

1Year -0.12%

3Years 70.35%

5Years 45.58%

7Years 36.01%

10Years 29.41%

1.4 B LIABILITIES

Growth Rates

1Year -1.09%

3Years 160.12%

5Years 89.26%

7Years 58.20%

10Years 43.10%

3.14 B EQUITY

Growth Rates

1Year 0.32%

3Years 55.24%

5Years 37.58%

7Years 31.12%

10Years 26.22%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Neogen Corporation

4.55 B ASSETS
1.4 B LIABILITIES

Current Assets	589 M
Cash & Short-Term Investments	171 M
Receivables	173 M
Other Current Assets	245 M
Non-Current Assets	3.96 B
Long-Term Investments	229 K
PP&E	292 M
Other Non-Current Assets	3.67 B

Current Liabilities	154 M
Accounts Payable	83.1 M
Short-Term Debt	7.55 M
Other Current Liabilities	63.7 M
Non-Current Liabilities	1.25 B
Long-Term Debt	899 M
Other Non-Current Liabilities	352 M

Balance Sheet

Millions

	May-2024	May-2023	May-2022	May-2021	May-2020	May-2019	May-2018	May-2017	May-2016	May-2015	May-2014	May-2013	May-2012	May-2011	May-2010	May-2009	May-2008	May-2007	May-2006	May-2005	May-2004	May-2003	May-2002	May-2001	May-2000	May-1999	May-1998	May-1997	May-1996	May-1995	May-1994	May-1993	May-1992	May-1991	May-1990	May-1989	May-1988
ASSETS
Cash & Cash Equivalents	170.6	163.2	381.1	381.1	343.7	267.5	210.8	143.6	107.8	114.2	76.5	85.4	68.6	35.8	22.8	13.8	14.3	13.4	1.8	2.0	1.4	1.1	2.0	0.8	2.2	1.1	0.7	0.7	2.2	2.2	0.5	0.6	0.4	3.9	4.1	0.6	1.1
Short Term Investments	0.3	82.3	336.6	305.5	277.4	225.8	127.7	66.1	52.5	48.1	35.8	35.3	19.6	20.2	0	0	0	0	0.1	0	0.3	7.8	4.3	6.3	8.5	9.6	0	0	0	0	0	0	0	0	0	0	0
Receivables	173.0	153.3	99.7	91.8	84.7	82.6	79.1	68.6	67.7	59.2	51.9	38.7	35.7	28.6	27.4	23.4	19.4	14.9	13.1	10.5	9.9	7.5	6.5	6.0	4.9	3.3	3.1	2.0	1.6	1.7	3.7	2.2	1.0	0.9	0.8	0.8	0.7
Inventory	189.3	133.8	122.3	100.7	95.1	86.0	76.0	73.1	64.4	51.6	51.2	38.3	35.0	32.0	31.3	31.4	27.8	19.1	17.6	13.8	12.4	9.8	8.7	7.0	5.4	4.4	4.5	3.6	3.4	3.8	2.4	2.5	2.3	2.4	2.2	1.8	1.8
Other Current Assets	56.0	53.3	47.5	35.7	28.0	13.4	19.8	15.2	8.4	10.5	16.6	10.6	8.0	10.5	8.2	3.2	4.2	3.6	3.6	2.1	2.3	1.7	1.8	1.4	0.7	0.9	10.3	12.7	0.3	0.4	0.3	0.3	2.7	100 K	1.1	100 K	100 K
Total Current Assets	589.2	585.9	626.8	591.5	537.4	449.5	375.8	293.0	250.0	231.2	188.7	168.4	143.9	122.5	86.0	71.8	65.6	51.1	36.3	28.4	26.3	28.0	23.2	21.6	21.6	19.3	18.6	19.0	7.5	8.1	6.9	5.6	6.4	7.3	8.2	3.3	3.7
PP&E	291.9	198.7	110.6	100.5	78.7	74.8	73.1	61.7	54.7	44.5	41.9	34.3	29.9	22.3	19.2	17.1	16.9	16.4	14.3	12.2	11.0	4.6	3.7	2.7	2.7	2.1	1.9	1.6	1.4	1.3	0.9	0.9	1.0	1.1	1.1	1.2	1.5
Intangible Assets	1 511.7	1 605.1	107.5	92.3	66.6	67.7	69.6	68.9	58.5	46.4	46.4	28.3	24.7	17.2	17.2	9.9	9.6	9.4	2.1	20.7	19.3	0	0	7.1	3.9	3.2	4.0	2.0	2.0	1.5	0.8	0.4	0	0	0	0	100 K
Goodwill	2 135.6	3 769.8	255.5	228.3	181.1	171.4	169.2	173.7	147.0	116.5	114.6	86.5	77.7	51.6	52.9	53.4	30.6	24.4	28.9	0	0	13.7	11.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0.2	(34.6)	(9.1)	(5.9)	(5.8)	0	(58.6)	(61.4)	0	0	0	0	0	(1.0)	(5.7)	(203.8)	(1 225.0)	(1 441.0)	(1 981.0)	(1 300.0)	(874.0)	(694.0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	20.2	15.2	2.2	2.0	2.2	(15.6)	54.7	54.6	(1.8)	0	(1.7)	(1.5)	(1.3)	6.1	5.0	3.8	3.6	4.0	6.8	2.6	3.5	1.8	1.7	1.6	1.4	1.5	0.9	0.5	0.6	0.6	0.5	0.4	0.2	100 K	100 K	100 K	100 K
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4 548.8	4 554.4	992.9	920.2	797.2	695.7	618.0	528.4	451.7	392.2	345.3	289.3	251.6	219.7	180.2	142.2	126.4	105.3	88.3	63.9	60.0	48.0	39.9	33.0	29.5	26.1	25.4	23.1	11.5	11.5	9.1	7.3	7.6	8.5	9.4	4.6	5.2
LIABILITIES
Accounts Payable	83.1	76.7	34.6	23.9	25.6	19.1	20.8	16.2	15.8	13.7	13.4	9.2	10.8	8.5	7.2	3.9	6.5	4.5	2.8	2.3	3.1	3.3	2.3	1.2	1.7	0.8	0.6	0.8	0.5	0.7	0.7	0.5	0.5	0	0	0	0
Short Term Debt	7.5	0	0	1.3	1.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	49 K	0.5	0	0	100 K	1.1	1.2	100 K	0.3	0.4	0.2	0.2	1.4	1.4
Other Current Liabilities	48.6	57.2	35.6	26.6	20.3	18.6	17.8	18.8	12.8	10.5	11.6	8.3	8.4	9.3	9.8	5.3	4.6	(1 371.5)	(868.8)	(335.6)	2.6	2.5	1.6	2.1	1.1	1.1	0.8	0.9	0.7	0.4	0.7	0.3	0.2	0.8	0.7	0.8	0.9
Total Current Liabilities	154.3	145.5	77.8	53.6	48.5	38.3	38.7	36.0	28.6	25.5	25.0	17.7	20.0	17.8	17.0	9.2	11.1	10.0	10.0	5.7	5.7	5.8	4.0	3.3	3.3	1.9	1.4	1.8	2.3	2.3	1.5	1.1	1.1	1.0	0.9	2.2	2.3
Long Term Debt	898.7	894.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	10.0	0	3.9	0	0	28 K	77 K	100 K	0.2	0.2	0.3	0.4	0	100 K	100 K	0.4	0.6	0.7	1.1
Deferred Tax Income	0	353.4	17.0	21.9	18.1	15.6	14.1	17.0	16.5	13.7	12.2	12.4	10.0	8.3	5.8	2.7	2.3	1.4	2.0	0	0.9	0.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	351.7	27.1	27.7	26.2	23.5	4.0	5.0	20.6	2.4	2.1	1.9	0.8	2.6	4.5	4.3	1.5	1.6	1.9	0.9	3.3	1.7	0.5	0.4	0.3	0.3	0.3	0.2	100 K	0	0	100 K	0	0	0	0	6.2	5.9
Total Liabilities	1 404.7	1 420.2	105.6	79.8	72.0	57.8	57.8	56.7	47.6	41.2	39.0	31.0	32.5	30.7	27.2	13.5	15.1	13.3	23.7	9.0	12.1	6.6	4.4	3.7	3.7	2.3	1.8	2.1	2.6	2.7	1.4	1.2	1.2	1.4	1.5	9.1	9.3
EQUITY
Common Stock	34.7	34.6	17.2	17.2	8.5	8.4	8.3	471.8	404.2	351.0	306.3	258.3	219.1	3.7	3.6	2.4	2.3	1.5	1.3	1.3	1.3	1.0	1.0	0.9	0.9	0.9	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	555.6	565.0	587.9	539.6	478.7	419.2	359.1	295.9	252.1	215.6	182.0	153.9	126.7	104.1	81.2	63.6	49.7	37.6	34.5	26.6	20.7	15.6	10.8	6.8	3.7	0.6	(1.7)	(3.9)	(5.7)	(5.5)	(6.1)	(7.0)	(6.5)	(5.6)	(4.9)	(4.7)	(4.2)
Other Accumulative Comprehensive Income/Loss	(30.0)	(33.3)	(27.8)	(11.4)	(19.7)	(11.6)	(9.7)	(7.2)	(3.9)	(2.4)	0.4	(1.4)	(1.2)	(0.4)	(1.7)	(0.4)	0.4	0.4	85 K	0.1	99 K	3 K	(5.3)	(4.9)	(42.1)	(34.2)	(3.4)	(3.0)	(2.6)	(2.4)	(2.3)	(2.1)	(1.9)	(1.7)	(1.5)	(1.2)	(1.0)
Total Equity	3 144.1	3 134.2	887.4	840.4	725.2	637.9	560.2	471.9	404.1	351.0	306.2	258.4	219.3	189.0	153.4	128.7	111.2	91.9	64.5	54.8	47.8	41.4	35.5	29.3	25.8	23.8	23.6	21.0	8.9	8.8	7.7	6.1	6.4	7.1	7.9	(4.5)	(4.1)
Total Liabilities and Equity	4 548.8	4 554.4	992.9	920.2	797.2	695.7	618.0	528.4	451.7	392.2	345.3	289.3	251.6	219.7	180.2	142.2	126.4	105.3	88.3	63.9	60.0	48.0	39.9	33.0	29.5	26.1	25.4	23.1	11.5	11.5	9.1	7.3	7.6	8.5	9.4	4.6	5.2
SHARES OUTSTANDING
Common Shares Outstanding	216.5	188.9	107.7	106.5	105.1	103.8	103.5	101.9	100.2	99.0	98.0	96.2	94.5	92.0	89.5	87.1	86.8	82.7	84.1	86.6	87.4	84.5	67.2	64.8	66.5	69.9	68.7	63.3	36.0	52.5	53.3	43.2	42.8	45.0	45.0	24.4	20.6

Balance Sheet

Premium Plan

Unlimited Plan