104.15 USD
+4.91 (+4.95%)
104.15 USD
0 (0%)
PATK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 82 industry peers in the Automobile Components industry. Both the profitability and the financial health of PATK get a neutral evaluation. Nothing too spectacular is happening here. PATK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PATK had positive earnings in the past year.
In the past year PATK had a positive cash flow from operations.
PATK had positive earnings in each of the past 5 years.
In the past 5 years PATK always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PATK (3.83%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 10.32%, PATK belongs to the top of the industry, outperforming 91.46% of the companies in the same industry.
PATK has a Return On Invested Capital of 7.85%. This is in the lower half of the industry: PATK underperforms 62.20% of its industry peers.
PATK had an Average Return On Invested Capital over the past 3 years of 10.59%. This is above the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 10.32% | ||
| ROIC | 7.85% |
ROA(3y)7.32%
ROA(5y)7.19%
ROE(3y)20.1%
ROE(5y)21.39%
ROIC(3y)10.59%
ROIC(5y)10.52%
1.3 Margins
PATK has a Profit Margin (3.11%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PATK has remained more or less at the same level.
PATK has a Operating Margin of 7.30%. This is in the lower half of the industry: PATK underperforms 60.98% of its industry peers.
In the last couple of years the Operating Margin of PATK has remained more or less at the same level.
With a Gross Margin value of 22.91%, PATK is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
PATK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.3% | ||
| PM (TTM) | 3.11% | ||
| GM | 22.91% |
OM growth 3Y-6.97%
OM growth 5Y1%
PM growth 3Y-12.26%
PM growth 5Y-0.57%
GM growth 3Y4.62%
GM growth 5Y4.45%
2. Health
2.1 Basic Checks
PATK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PATK has been increased compared to 1 year ago.
The number of shares outstanding for PATK has been reduced compared to 5 years ago.
The debt/assets ratio for PATK is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.16 indicates that PATK is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.16, PATK is doing good in the industry, outperforming 69.51% of the companies in the same industry.
PATK has a debt to FCF ratio of 6.29. This is a slightly negative value and a sign of low solvency as PATK would need 6.29 years to pay back of all of its debts.
PATK's Debt to FCF ratio of 6.29 is on the low side compared to the rest of the industry. PATK is outperformed by 67.07% of its industry peers.
PATK has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.13, PATK is not doing good in the industry: 84.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.29 | ||
| Altman-Z | 3.16 |
ROIC/WACC0.91
WACC8.59%
2.3 Liquidity
A Current Ratio of 2.34 indicates that PATK has no problem at all paying its short term obligations.
PATK's Current ratio of 2.34 is amongst the best of the industry. PATK outperforms 81.71% of its industry peers.
PATK has a Quick Ratio of 2.34. This is a bad value and indicates that PATK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.86, PATK is not doing good in the industry: 82.93% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
PATK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.93%.
Measured over the past years, PATK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.87% on average per year.
PATK shows a small growth in Revenue. In the last year, the Revenue has grown by 6.08%.
Measured over the past years, PATK shows a quite strong growth in Revenue. The Revenue has been growing by 9.72% on average per year.
EPS 1Y (TTM)-12.93%
EPS 3Y-13.74%
EPS 5Y9.87%
EPS Q2Q%-15.83%
Revenue 1Y (TTM)6.08%
Revenue growth 3Y-3.05%
Revenue growth 5Y9.72%
Sales Q2Q%6.11%
3.2 Future
PATK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.04% yearly.
Based on estimates for the next years, PATK will show a small growth in Revenue. The Revenue will grow by 5.13% on average per year.
EPS Next Y6.18%
EPS Next 2Y17.03%
EPS Next 3Y15.04%
EPS Next 5YN/A
Revenue Next Year4.47%
Revenue Next 2Y4.91%
Revenue Next 3Y5.13%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
PATK is valuated quite expensively with a Price/Earnings ratio of 25.78.
Compared to the rest of the industry, the Price/Earnings ratio of PATK indicates a slightly more expensive valuation: PATK is more expensive than 60.98% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. PATK is around the same levels.
The Price/Forward Earnings ratio is 18.46, which indicates a rather expensive current valuation of PATK.
Based on the Price/Forward Earnings ratio, PATK is valued a bit more expensive than 62.20% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. PATK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.78 | ||
| Fwd PE | 18.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PATK indicates a slightly more expensive valuation: PATK is more expensive than 62.20% of the companies listed in the same industry.
PATK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.42 | ||
| EV/EBITDA | 10.19 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PATK does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as PATK's earnings are expected to grow with 15.04% in the coming years.
PEG (NY)4.17
PEG (5Y)2.61
EPS Next 2Y17.03%
EPS Next 3Y15.04%
5. Dividend
5.1 Amount
PATK has a Yearly Dividend Yield of 1.89%. Purely for dividend investing, there may be better candidates out there.
PATK's Dividend Yield is comparable with the industry average which is at 4.44.
Compared to the average S&P500 Dividend Yield of 2.42, PATK is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
On average, the dividend of PATK grows each year by 43.70%, which is quite nice.
PATK has paid a dividend for at least 10 years, which is a reliable track record.
As PATK did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)43.7%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
PATK pays out 44.05% of its income as dividend. This is a bit on the high side, but may be sustainable.
PATK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.05%
EPS Next 2Y17.03%
EPS Next 3Y15.04%
104.15
+4.91 (+4.95%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners110.99%
Inst Owner Change-14.88%
Ins Owners3.8%
Ins Owner Change-4.52%
Market Cap3.47B
Revenue(TTM)3.87B
Net Income(TTM)120.53M
Analysts77.33
Price Target112.51 (8.03%)
Short Float %7.8%
Short Ratio9.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
Yearly Dividend1.5
Dividend Growth(5Y)43.7%
DP44.05%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.26%
Min EPS beat(2)5.04%
Max EPS beat(2)5.48%
EPS beat(4)3
Avg EPS beat(4)0.48%
Min EPS beat(4)-19.79%
Max EPS beat(4)11.17%
EPS beat(8)6
Avg EPS beat(8)2.79%
EPS beat(12)10
Avg EPS beat(12)4.13%
EPS beat(16)14
Avg EPS beat(16)13.38%
Revenue beat(2)2
Avg Revenue beat(2)3.4%
Min Revenue beat(2)0.15%
Max Revenue beat(2)6.66%
Revenue beat(4)4
Avg Revenue beat(4)2.71%
Min Revenue beat(4)0.15%
Max Revenue beat(4)6.66%
Revenue beat(8)6
Avg Revenue beat(8)2.21%
Revenue beat(12)9
Avg Revenue beat(12)1.69%
Revenue beat(16)12
Avg Revenue beat(16)3.62%
PT rev (1m)0.58%
PT rev (3m)1.16%
EPS NQ rev (1m)1.93%
EPS NQ rev (3m)-2.97%
EPS NY rev (1m)1.01%
EPS NY rev (3m)1.81%
Revenue NQ rev (1m)2.65%
Revenue NQ rev (3m)2.65%
Revenue NY rev (1m)1.89%
Revenue NY rev (3m)2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.78 | ||
| Fwd PE | 18.46 | ||
| P/S | 0.9 | ||
| P/FCF | 16.42 | ||
| P/OCF | 11.51 | ||
| P/B | 2.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.19 |
EPS(TTM)4.04
EY3.88%
EPS(NY)5.64
Fwd EY5.42%
FCF(TTM)6.34
FCFY6.09%
OCF(TTM)9.05
OCFY8.69%
SpS116.37
BVpS35.11
TBVpS-12.02
PEG (NY)4.17
PEG (5Y)2.61
Graham Number56.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 10.32% | ||
| ROCE | 10.32% | ||
| ROIC | 7.85% | ||
| ROICexc | 7.91% | ||
| ROICexgc | 18.7% | ||
| OM | 7.3% | ||
| PM (TTM) | 3.11% | ||
| GM | 22.91% | ||
| FCFM | 5.45% |
ROA(3y)7.32%
ROA(5y)7.19%
ROE(3y)20.1%
ROE(5y)21.39%
ROIC(3y)10.59%
ROIC(5y)10.52%
ROICexc(3y)10.69%
ROICexc(5y)10.77%
ROICexgc(3y)25.32%
ROICexgc(5y)25.36%
ROCE(3y)13.92%
ROCE(5y)13.82%
ROICexgc growth 3Y-13.77%
ROICexgc growth 5Y-5.41%
ROICexc growth 3Y-16.43%
ROICexc growth 5Y-6.2%
OM growth 3Y-6.97%
OM growth 5Y1%
PM growth 3Y-12.26%
PM growth 5Y-0.57%
GM growth 3Y4.62%
GM growth 5Y4.45%
F-Score7
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.29 | ||
| Debt/EBITDA | 2.92 | ||
| Cap/Depr | 53.11% | ||
| Cap/Sales | 2.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.59% | ||
| Profit Quality | 175.1% | ||
| Current Ratio | 2.34 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 3.16 |
F-Score7
WACC8.59%
ROIC/WACC0.91
Cap/Depr(3y)49.11%
Cap/Depr(5y)50.59%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.65%
Profit Quality(3y)175.76%
Profit Quality(5y)148.51%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.93%
EPS 3Y-13.74%
EPS 5Y9.87%
EPS Q2Q%-15.83%
EPS Next Y6.18%
EPS Next 2Y17.03%
EPS Next 3Y15.04%
EPS Next 5YN/A
Revenue 1Y (TTM)6.08%
Revenue growth 3Y-3.05%
Revenue growth 5Y9.72%
Sales Q2Q%6.11%
Revenue Next Year4.47%
Revenue Next 2Y4.91%
Revenue Next 3Y5.13%
Revenue Next 5YN/A
EBIT growth 1Y2.48%
EBIT growth 3Y-9.81%
EBIT growth 5Y10.81%
EBIT Next Year65.4%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-48.37%
FCF growth 3Y10.27%
FCF growth 5Y8.81%
OCF growth 1Y-36.68%
OCF growth 3Y9.04%
OCF growth 5Y11.18%
PATRICK INDUSTRIES INC / PATK FAQ
Can you provide the ChartMill fundamental rating for PATRICK INDUSTRIES INC?
ChartMill assigns a fundamental rating of 4 / 10 to PATK.
Can you provide the valuation status for PATRICK INDUSTRIES INC?
ChartMill assigns a valuation rating of 2 / 10 to PATRICK INDUSTRIES INC (PATK). This can be considered as Overvalued.
How profitable is PATRICK INDUSTRIES INC (PATK) stock?
PATRICK INDUSTRIES INC (PATK) has a profitability rating of 5 / 10.
What is the valuation of PATRICK INDUSTRIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PATRICK INDUSTRIES INC (PATK) is 25.78 and the Price/Book (PB) ratio is 2.97.
Can you provide the dividend sustainability for PATK stock?
The dividend rating of PATRICK INDUSTRIES INC (PATK) is 5 / 10 and the dividend payout ratio is 44.05%.