Viskase Companies (VKSC) AI Stock Analysis

• Market Cap: $104.82M
• Dividend Yield: N/A
• Average Volume (3M): 1.14K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: -8.26%
• EPS Growth: -1087.87%
• Country: US
• Employees: 1,582
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): -0.11
• Shares Outstanding: 110,333,530
• 10 Day Avg. Volume: 422
• 30 Day Avg. Volume: 1,144
• PEG Ratio: 0.22
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.41
• P/FCF Ratio: -13.86
• Enterprise Value/Market Cap: 3.17
• Enterprise Value/Revenue: 0.88
• Enterprise Value/Gross Profit: 7.70
• Enterprise Value/Ebitda: 148.83
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $0.91 ▼(-9.30% Downside)

Viskase Companies is currently facing substantial financial and operational challenges, as reflected in its declining revenues, negative profitability, and liquidity issues. The technical indicators suggest a bearish trend, and the valuation metrics highlight significant losses, making the stock less attractive. The absence of earnings call data and corporate events further limits positive insights.

Positive Factors

Market Position

Viskase's position as a leader in food packaging, particularly in casings for processed meats, provides a competitive edge and stable demand.

Sustainability Focus

Emphasizing sustainability aligns with industry trends and consumer preferences, potentially driving long-term growth and brand loyalty.

Strategic Partnerships

Strategic partnerships enhance market presence and drive sales, providing a durable revenue stream and competitive advantage.

Negative Factors

Declining Revenue

Declining revenue growth indicates challenges in market demand or competitive pressures, impacting long-term financial health.

Negative Profitability

Sustained negative profitability can erode shareholder value and limit reinvestment opportunities, affecting long-term viability.

Cash Flow Challenges

Negative cash flow growth indicates financial strain, potentially limiting operational flexibility and investment in growth initiatives.

Viskase Companies Business Overview & Revenue Model

Company Description

Viskase Companies, Inc., together with its subsidiaries, produces and sells nonedible cellulosic, fibrous, and plastic casings for preparing and packaging processed meat products in North America, South America, Europe, Asia, and internationally. The company offers NOJAX cellulose casings for use in the automated production of hot dogs, dry mini salamis, and cooked and coarse ground sausages; and large cellulose casings for giving cylindrical or oval shape to the processed meats that are used in bologna, mortadella, deli ham, bierwurst, and dry sausages. It also provides fibrous casings for use in a range of applications, including pepperoni, salami, luncheon meats, boneless hams, and other deli-style processed meats, as well as for processed and smoked cheeses; color transfer casings for a range of natural and synthetic shades; flavor transfer casings for taste profiles; smoke transfer casings for processed meat or cheese products; and spice transfer casings for processing facility. In addition, the company offers VISDRY casings for dried or smoked sausages; VISFLEX casings for cheese and processed meat; VISFLEX casings for a range of cheese and processed meat applications; VISMAX casings for molded, and formed processed meat and poultry applications; VISLON for meat, poultry, and cheese applications; VISMOKE casings for cooked and smoked meat products, semi-dry sausages, and spreadable dry sausages; VISCOAT casings for a range of applications, including turkey, ham, and roast beef products; and POLYJAX casings for the production of hot dog, sausage, chorizo products, and meat snack sticks. Further, it offers textile spice transfer casings for transfer of the spice to the food and MEMBRA-CEL, a dialysis membrane made from regenerated cellulose. The company was founded in 1925 and is based in Lombard, Illinois. Viskase Companies, Inc. is a subsidiary of Icahn Enterprises L.P.

How the Company Makes Money

Viskase generates revenue primarily through the sale of its food packaging products, particularly casings for processed meats. The company's revenue model is based on direct sales to food manufacturers and processors, who rely on Viskase's products to improve their production efficiency and product quality. Key revenue streams include the sale of cellulose and fibrous casings, as well as other packaging solutions tailored to the food industry. Additionally, Viskase benefits from strategic partnerships with major food industry players, which enhances its market presence and drives sales. Factors contributing to its earnings include a growing demand for processed food products, advancements in packaging technology, and an emphasis on sustainability in food packaging solutions.

Viskase Companies Financial Statement Overview

Summary

Viskase Companies is facing significant financial challenges, with declining revenues and profitability. The balance sheet shows moderate leverage but negative returns on equity, while cash flow metrics indicate liquidity issues. The company needs to address operational inefficiencies and improve cash flow management to stabilize its financial position.

Income Statement

Viskase Companies has experienced declining revenue with a negative growth rate of -2.66% in the TTM. The gross profit margin has decreased to 13.57% from 16.40% in the previous year, indicating pressure on profitability. The net profit margin is negative at -11.07%, reflecting significant losses. EBIT and EBITDA margins have also deteriorated, highlighting operational challenges.

Balance Sheet

The company's debt-to-equity ratio is 1.05, indicating a moderate level of leverage. However, the return on equity is negative at -24.88%, suggesting inefficiencies in generating returns for shareholders. The equity ratio stands at 37.69%, showing a reasonable level of equity financing, but the negative ROE is a concern.

Cash Flow

Viskase Companies has a negative free cash flow growth rate of -11.92% in the TTM, indicating cash flow challenges. The operating cash flow to net income ratio is low at 0.07, and the free cash flow to net income ratio is negative, reflecting poor cash conversion and financial strain.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	378.86M	403.77M	445.98M	430.83M	415.67M	408.89M
Gross Profit	43.09M	66.22M	93.76M	72.56M	70.28M	79.38M
EBITDA	2.23M	28.58M	63.69M	49.88M	50.01M	50.01M
Net Income	-55.93M	-5.36M	13.51M	2.53M	-3.22M	4.74M
Balance Sheet
Total Assets	399.84M	421.72M	460.84M	471.59M	471.10M	503.12M
Cash, Cash Equivalents and Short-Term Investments	7.69M	5.70M	7.86M	8.78M	9.88M	15.85M
Total Debt	162.32M	165.31M	158.67M	189.44M	186.44M	186.63M
Total Liabilities	250.52M	251.73M	279.21M	311.31M	319.63M	353.30M
Stockholders Equity	150.67M	171.31M	182.86M	161.44M	152.38M	150.59M
Cash Flow
Free Cash Flow	-15.90M	-11.91M	29.70M	-11.96M	14.53M	14.25M
Operating Cash Flow	15.23M	3.37M	44.16M	10.38M	31.76M	33.52M
Investing Cash Flow	-31.13M	-15.28M	-14.46M	-22.19M	-17.23M	-19.20M
Financing Cash Flow	17.27M	10.25M	-29.29M	6.19M	3.68M	-17.98M

Viskase Companies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VKSC, the sentiment is Positive. The current price of 1 is above the 20-day moving average (MA) of 0.92, above the 50-day MA of 0.93, and below the 200-day MA of 1.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.32 is Neutral, neither overbought nor oversold. The STOCH value of 50.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VKSC.

Viskase Companies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MYE	69 Neutral	$733.20M	26.32	9.92%	2.80%	0.26%	78.05%
SLGN	68 Neutral	$4.52B	14.52	14.58%	1.97%	11.10%	6.54%
GEF	67 Neutral	$3.61B	79.54	2.08%	3.19%	-17.63%	-80.32%
SON	63 Neutral	$4.67B	4,881.44	6.39%	4.90%	8.31%	-99.39%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
OI	54 Neutral	$2.38B	-16.39	-10.92%	―	-2.82%	65.31%
VKSC	45 Neutral	$104.82M	-1.78	-33.29%	―	-8.26%	-1087.87%