PANGAEA LOGISTICS SOLUTIONS (PANL) Stock Fundamental Analysis
NASDAQ:PANL - BMG6891L1054 - Common Stock
5.33 USD
+0.01 (+0.19%)
5.33 USD
0 (0%)
Taking everything into account, PANL scores 3 out of 10 in our fundamental rating. PANL was compared to 35 industry peers in the Marine Transportation industry. While PANL is still in line with the averages on profitability rating, there are concerns on its financial health. PANL has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PANL was profitable.
In the past year PANL had a positive cash flow from operations.
Each year in the past 5 years PANL has been profitable.
PANL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.96%, PANL is in line with its industry, outperforming 42.86% of the companies in the same industry.
PANL has a Return On Equity (2.13%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 3.64%, PANL perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
PANL had an Average Return On Invested Capital over the past 3 years of 8.02%. This is in line with the industry average of 7.67%.
The 3 year average ROIC (8.02%) for PANL is well above the current ROIC(3.64%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 2.13% | ||
| ROIC | 3.64% |
ROA(3y)5.81%
ROA(5y)5.9%
ROE(3y)13.4%
ROE(5y)14.72%
ROIC(3y)8.02%
ROIC(5y)7.94%
1.3 Margins
The Profit Margin of PANL (1.52%) is worse than 60.00% of its industry peers.
In the last couple of years the Profit Margin of PANL has grown nicely.
Looking at the Operating Margin, with a value of 6.28%, PANL is doing worse than 60.00% of the companies in the same industry.
PANL's Operating Margin has improved in the last couple of years.
The Gross Margin of PANL (29.81%) is worse than 68.57% of its industry peers.
In the last couple of years the Gross Margin of PANL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.28% | ||
| PM (TTM) | 1.52% | ||
| GM | 29.81% |
OM growth 3Y-6.33%
OM growth 5Y2.62%
PM growth 3Y-16.81%
PM growth 5Y13.67%
GM growth 3Y9.18%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
PANL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PANL has more shares outstanding than it did 1 year ago.
PANL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PANL is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that PANL is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.49, PANL is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
PANL has a Debt/Equity ratio of 0.80. This is a neutral value indicating PANL is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, PANL is doing worse than 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.49 |
ROIC/WACC0.54
WACC6.68%
2.3 Liquidity
A Current Ratio of 1.46 indicates that PANL should not have too much problems paying its short term obligations.
PANL has a Current ratio (1.46) which is in line with its industry peers.
PANL has a Quick Ratio of 1.15. This is a normal value and indicates that PANL is financially healthy and should not expect problems in meeting its short term obligations.
PANL has a Quick ratio (1.15) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
PANL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.79%.
Measured over the past 5 years, PANL shows a small growth in Earnings Per Share. The EPS has been growing by 5.25% on average per year.
Looking at the last year, PANL shows a quite strong growth in Revenue. The Revenue has grown by 15.10% in the last year.
PANL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.41% yearly.
EPS 1Y (TTM)-71.79%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%-150%
Revenue 1Y (TTM)15.1%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%19.16%
3.2 Future
PANL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.16% yearly.
Based on estimates for the next years, PANL will show a decrease in Revenue. The Revenue will decrease by -1.20% on average per year.
EPS Next Y-87.66%
EPS Next 2Y-3.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.46%
Revenue Next 2Y-1.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.23, PANL is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of PANL is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.13. PANL is around the same levels.
A Price/Forward Earnings ratio of 9.17 indicates a reasonable valuation of PANL.
Based on the Price/Forward Earnings ratio, PANL is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
PANL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PANL indicates a slightly more expensive valuation: PANL is more expensive than 65.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.18 |
4.3 Compensation for Growth
PANL's earnings are expected to decrease with -3.16% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)4.61
EPS Next 2Y-3.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PANL has a Yearly Dividend Yield of 3.76%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.64, PANL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, PANL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
On average, the dividend of PANL grows each year by 13.01%, which is quite nice.
PANL has been paying a dividend for over 5 years, so it has already some track record.
PANL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
218.06% of the earnings are spent on dividend by PANL. This is not a sustainable payout ratio.
The Dividend Rate of PANL has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP218.06%
EPS Next 2Y-3.16%
EPS Next 3YN/A
5.33
+0.01 (+0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners39.61%
Inst Owner Change-6.24%
Ins Owners17.33%
Ins Owner Change2.36%
Market Cap347.73M
Analysts84.44
Price Target7.96 (49.34%)
Short Float %3.48%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
Yearly Dividend0.34
Dividend Growth(5Y)13.01%
DP218.06%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-601.43%
Min EPS beat(2)-1277.65%
Max EPS beat(2)74.79%
EPS beat(4)2
Avg EPS beat(4)-277.78%
Min EPS beat(4)-1277.65%
Max EPS beat(4)152.1%
EPS beat(8)4
Avg EPS beat(8)-124.99%
EPS beat(12)6
Avg EPS beat(12)-87.78%
EPS beat(16)9
Avg EPS beat(16)-62.71%
Revenue beat(2)1
Avg Revenue beat(2)6.3%
Min Revenue beat(2)-6.27%
Max Revenue beat(2)18.87%
Revenue beat(4)3
Avg Revenue beat(4)8.75%
Min Revenue beat(4)-6.27%
Max Revenue beat(4)18.87%
Revenue beat(8)4
Avg Revenue beat(8)4.83%
Revenue beat(12)5
Avg Revenue beat(12)2.12%
Revenue beat(16)8
Avg Revenue beat(16)5.64%
PT rev (1m)-11.36%
PT rev (3m)-16.87%
EPS NQ rev (1m)-46.15%
EPS NQ rev (3m)-68.89%
EPS NY rev (1m)-66.42%
EPS NY rev (3m)-63.11%
Revenue NQ rev (1m)-20.69%
Revenue NQ rev (3m)-28.88%
Revenue NY rev (1m)7.91%
Revenue NY rev (3m)9.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | 9.17 | ||
| P/S | 0.6 | ||
| P/FCF | N/A | ||
| P/OCF | 6.02 | ||
| P/B | 0.84 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 9.18 |
EPS(TTM)0.22
EY4.13%
EPS(NY)0.58
Fwd EY10.91%
FCF(TTM)-0.19
FCFYN/A
OCF(TTM)0.89
OCFY16.61%
SpS8.89
BVpS6.35
TBVpS6.29
PEG (NY)N/A
PEG (5Y)4.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 2.13% | ||
| ROCE | 4.61% | ||
| ROIC | 3.64% | ||
| ROICexc | 3.93% | ||
| ROICexgc | 3.95% | ||
| OM | 6.28% | ||
| PM (TTM) | 1.52% | ||
| GM | 29.81% | ||
| FCFM | N/A |
ROA(3y)5.81%
ROA(5y)5.9%
ROE(3y)13.4%
ROE(5y)14.72%
ROIC(3y)8.02%
ROIC(5y)7.94%
ROICexc(3y)9.68%
ROICexc(5y)9.32%
ROICexgc(3y)9.71%
ROICexgc(5y)9.34%
ROCE(3y)10.15%
ROCE(5y)10.05%
ROICexcg growth 3Y-23.43%
ROICexcg growth 5Y-7.41%
ROICexc growth 3Y-23.57%
ROICexc growth 5Y-7.52%
OM growth 3Y-6.33%
OM growth 5Y2.62%
PM growth 3Y-16.81%
PM growth 5Y13.67%
GM growth 3Y9.18%
GM growth 5Y1.43%
F-Score3
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.57 | ||
| Cap/Depr | 195.42% | ||
| Cap/Sales | 12.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 1.49 |
F-Score3
WACC6.68%
ROIC/WACC0.54
Cap/Depr(3y)147.54%
Cap/Depr(5y)261.22%
Cap/Sales(3y)7.87%
Cap/Sales(5y)10.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.79%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%-150%
EPS Next Y-87.66%
EPS Next 2Y-3.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.1%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%19.16%
Revenue Next Year16.46%
Revenue Next 2Y-1.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-27.27%
EBIT growth 3Y-15%
EBIT growth 5Y8.18%
EBIT Next Year101.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-136.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-27.05%
OCF growth 3Y2.11%
OCF growth 5Y8.1%