PANGAEA LOGISTICS SOLUTIONS (PANL) Stock Fundamental Analysis
NASDAQ:PANL - Nasdaq - BMG6891L1054 - Common Stock - Currency: USD
Taking everything into account, PANL scores 4 out of 10 in our fundamental rating. PANL was compared to 32 industry peers in the Marine Transportation industry. PANL has a medium profitability rating, but doesn't score so well on its financial health evaluation. PANL is quite expensive at the moment. It does show a decent growth rate. Finally PANL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PANL had positive earnings in the past year.
In the past year PANL had a positive cash flow from operations.
Each year in the past 5 years PANL has been profitable.
In the past 5 years PANL always reported a positive cash flow from operatings.
1.2 Ratios
PANL has a Return On Assets of 3.09%. This is comparable to the rest of the industry: PANL outperforms 40.63% of its industry peers.
PANL has a Return On Equity (6.76%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 4.62%, PANL is in line with its industry, outperforming 43.75% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PANL is in line with the industry average of 8.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 6.76% | ||
| ROIC | 4.62% |
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 (5.39%) is worse than 65.63% 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 9.03%, PANL is doing worse than 71.88% of the companies in the same industry.
In the last couple of years the Operating Margin of PANL has grown nicely.
With a Gross Margin value of 29.63%, PANL is not doing good in the industry: 78.13% of the companies in the same industry are doing better.
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 | 9.03% | ||
| PM (TTM) | 5.39% | ||
| GM | 29.63% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PANL is creating some value.
Compared to 1 year ago, PANL has more shares outstanding
The number of shares outstanding for PANL has been increased compared to 5 years ago.
The debt/assets ratio for PANL is higher compared to a year ago.
2.2 Solvency
PANL has an Altman-Z score of 1.42. This is a bad value and indicates that PANL is not financially healthy and even has some risk of bankruptcy.
PANL has a better Altman-Z score (1.42) than 68.75% of its industry peers.
A Debt/Equity ratio of 0.83 indicates that PANL is somewhat dependend on debt financing.
PANL has a Debt to Equity ratio of 0.83. This is in the lower half of the industry: PANL underperforms 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.42 |
ROIC/WACC0.69
WACC6.7%
2.3 Liquidity
PANL has a Current Ratio of 1.76. This is a normal value and indicates that PANL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.76, PANL is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
A Quick Ratio of 1.46 indicates that PANL should not have too much problems paying its short term obligations.
The Quick ratio of PANL (1.46) is better than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.08% over the past year.
PANL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.25% yearly.
PANL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.46%.
The Revenue has been growing slightly by 5.41% on average over the past years.
EPS 1Y (TTM)5.08%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%500%
Revenue 1Y (TTM)7.46%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%11.6%
3.2 Future
Based on estimates for the next years, PANL will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.38% on average per year.
PANL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.74% yearly.
EPS Next Y-62.71%
EPS Next 2Y16.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.34%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.63 indicates a rather cheap valuation of PANL.
The rest of the industry has a similar Price/Earnings ratio as PANL.
PANL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.75.
A Price/Forward Earnings ratio of 17.78 indicates a rather expensive valuation of PANL.
PANL's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of PANL to the average of the S&P500 Index (20.49), we can say PANL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 17.78 |
4.2 Price Multiples
PANL's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.36 |
4.3 Compensation for Growth
PANL's earnings are expected to grow with 16.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.26
EPS Next 2Y16.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PANL has a Yearly Dividend Yield of 9.35%, which is a nice return.
The stock price of PANL dropped by -21.71% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 10.39, PANL pays a better dividend. On top of this PANL pays more dividend than 81.25% of the companies listed in the same industry.
PANL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.35% |
5.2 History
The dividend of PANL is nicely growing with an annual growth rate of 13.01%!
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 Years2
Div Non Decr Years3
5.3 Sustainability
PANL pays out 64.73% of its income as dividend. This is not a sustainable payout ratio.
PANL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.73%
EPS Next 2Y16.38%
EPS Next 3YN/A
4.11
+0.08 (+1.99%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners40.06%
Inst Owner Change-0.2%
Ins Owners16.9%
Ins Owner Change2.63%
Market Cap269.74M
Analysts84.44
Price Target9.57 (132.85%)
Short Float %3.88%
Short Ratio4.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.35% |
Yearly Dividend0.34
Dividend Growth(5Y)13.01%
DP64.73%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)45.87%
Min EPS beat(2)-60.35%
Max EPS beat(2)152.1%
EPS beat(4)2
Avg EPS beat(4)31.4%
Min EPS beat(4)-60.35%
Max EPS beat(4)152.1%
EPS beat(8)4
Avg EPS beat(8)20.09%
EPS beat(12)7
Avg EPS beat(12)18.24%
EPS beat(16)10
Avg EPS beat(16)23.32%
Revenue beat(2)2
Avg Revenue beat(2)11.2%
Min Revenue beat(2)6.21%
Max Revenue beat(2)16.2%
Revenue beat(4)3
Avg Revenue beat(4)8.88%
Min Revenue beat(4)-12.58%
Max Revenue beat(4)25.68%
Revenue beat(8)4
Avg Revenue beat(8)4.15%
Revenue beat(12)5
Avg Revenue beat(12)1.82%
Revenue beat(16)8
Avg Revenue beat(16)5.15%
PT rev (1m)0%
PT rev (3m)-4.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-228.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-70.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)-1.54%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 17.78 | ||
| P/S | 0.5 | ||
| P/FCF | N/A | ||
| P/OCF | 4.11 | ||
| P/B | 0.63 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 7.36 |
EPS(TTM)0.62
EY15.09%
EPS(NY)0.23
Fwd EY5.63%
FCF(TTM)-0.06
FCFYN/A
OCF(TTM)1
OCFY24.35%
SpS8.18
BVpS6.52
TBVpS6.46
PEG (NY)N/A
PEG (5Y)1.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 6.76% | ||
| ROCE | 5.86% | ||
| ROIC | 4.62% | ||
| ROICexc | 5.16% | ||
| ROICexgc | 5.19% | ||
| OM | 9.03% | ||
| PM (TTM) | 5.39% | ||
| GM | 29.63% | ||
| 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 Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.49 | ||
| Cap/Depr | 228.58% | ||
| Cap/Sales | 12.94% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 83.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 1.42 |
F-Score3
WACC6.7%
ROIC/WACC0.69
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)5.08%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%500%
EPS Next Y-62.71%
EPS Next 2Y16.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.46%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%11.6%
Revenue Next Year15.34%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.11%
EBIT growth 3Y-15%
EBIT growth 5Y8.18%
EBIT Next Year105.66%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-114.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y22.13%
OCF growth 3Y2.11%
OCF growth 5Y8.1%