15.22 USD
-0.28 (-1.81%)
15.22 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PAX. PAX was compared to 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of PAX get a neutral evaluation. Nothing too spectacular is happening here. PAX is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
PAX had positive earnings in the past year.
PAX had a positive operating cash flow in the past year.
In the past 5 years PAX has always been profitable.
Each year in the past 5 years PAX had a positive operating cash flow.
1.2 Ratios
PAX has a Return On Assets of 6.39%. This is in the better half of the industry: PAX outperforms 79.75% of its industry peers.
PAX has a better Return On Equity (14.65%) than 76.79% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.81%, PAX belongs to the top of the industry, outperforming 89.87% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PAX is significantly above the industry average of 6.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.39% | ||
| ROE | 14.65% | ||
| ROIC | 13.81% |
ROA(3y)9.06%
ROA(5y)20.26%
ROE(3y)17.86%
ROE(5y)36.77%
ROIC(3y)15.82%
ROIC(5y)32.16%
1.3 Margins
The Profit Margin of PAX (21.18%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PAX has declined.
The Operating Margin of PAX (36.13%) is better than 68.35% of its industry peers.
In the last couple of years the Operating Margin of PAX has declined.
Looking at the Gross Margin, with a value of 51.25%, PAX is in the better half of the industry, outperforming 61.18% of the companies in the same industry.
In the last couple of years the Gross Margin of PAX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.13% | ||
| PM (TTM) | 21.18% | ||
| GM | 51.25% |
OM growth 3Y-15.59%
OM growth 5Y-8.18%
PM growth 3Y-28.26%
PM growth 5Y-16.57%
GM growth 3Y-5.8%
GM growth 5Y-4.11%
2. Health
2.1 Basic Checks
Compared to 1 year ago, PAX has more shares outstanding
PAX has more shares outstanding than it did 5 years ago.
PAX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.56 indicates that PAX is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.56, PAX is in the better half of the industry, outperforming 73.00% of the companies in the same industry.
PAX has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
PAX has a Debt to FCF ratio of 0.72. This is amongst the best in the industry. PAX outperforms 90.72% of its industry peers.
PAX has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
PAX's Debt to Equity ratio of 0.17 is fine compared to the rest of the industry. PAX outperforms 74.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 2.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PAX has a Current Ratio of 0.78. This is a bad value and indicates that PAX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.78, PAX is not doing good in the industry: 65.82% of the companies in the same industry are doing better.
A Quick Ratio of 0.78 indicates that PAX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.78, PAX is doing worse than 65.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
PAX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.47%, which is quite good.
The Earnings Per Share has been growing slightly by 1.20% on average over the past years.
PAX shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.29%.
PAX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.89% yearly.
EPS 1Y (TTM)19.47%
EPS 3Y6.45%
EPS 5Y1.2%
EPS Q2Q%30.43%
Revenue 1Y (TTM)23.29%
Revenue growth 3Y16.7%
Revenue growth 5Y24.89%
Sales Q2Q%10.9%
3.2 Future
Based on estimates for the next years, PAX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.27% on average per year.
Based on estimates for the next years, PAX will show a quite strong growth in Revenue. The Revenue will grow by 14.83% on average per year.
EPS Next Y-1.24%
EPS Next 2Y1.39%
EPS Next 3Y4.91%
EPS Next 5Y9.27%
Revenue Next Year17.84%
Revenue Next 2Y19.59%
Revenue Next 3Y18.46%
Revenue Next 5Y14.83%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.27, which indicates a very decent valuation of PAX.
Based on the Price/Earnings ratio, PAX is valued a bit cheaper than 64.98% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. PAX is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 11.94, the valuation of PAX can be described as reasonable.
Based on the Price/Forward Earnings ratio, PAX is valued a bit cheaper than 63.71% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. PAX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 11.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PAX is valued cheaply inside the industry as 83.97% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PAX is valued a bit cheaper than the industry average as 74.26% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.31 | ||
| EV/EBITDA | 12.95 |
4.3 Compensation for Growth
PAX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)9.41
EPS Next 2Y1.39%
EPS Next 3Y4.91%
5. Dividend
5.1 Amount
PAX has a Yearly Dividend Yield of 3.87%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 8.30, PAX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, PAX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
5.2 History
PAX has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
110.66% of the earnings are spent on dividend by PAX. This is not a sustainable payout ratio.
DP110.66%
EPS Next 2Y1.39%
EPS Next 3Y4.91%
15.22
-0.28 (-1.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.96%
Inst Owner Change-0.98%
Ins Owners0.43%
Ins Owner ChangeN/A
Market Cap2.43B
Revenue(TTM)405.85M
Net Income(TTM)84.23M
Analysts72.73
Price Target16.66 (9.46%)
Short Float %6.16%
Short Ratio8.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
Yearly Dividend0.88
Dividend Growth(5Y)N/A
DP110.66%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.02%
Min EPS beat(2)-15.13%
Max EPS beat(2)-8.91%
EPS beat(4)1
Avg EPS beat(4)8.8%
Min EPS beat(4)-15.13%
Max EPS beat(4)65.65%
EPS beat(8)2
Avg EPS beat(8)-0.99%
EPS beat(12)5
Avg EPS beat(12)1.36%
EPS beat(16)7
Avg EPS beat(16)3.41%
Revenue beat(2)0
Avg Revenue beat(2)-18.34%
Min Revenue beat(2)-26.12%
Max Revenue beat(2)-10.56%
Revenue beat(4)2
Avg Revenue beat(4)8.37%
Min Revenue beat(4)-26.12%
Max Revenue beat(4)68.61%
Revenue beat(8)5
Avg Revenue beat(8)8.21%
Revenue beat(12)7
Avg Revenue beat(12)9.87%
Revenue beat(16)10
Avg Revenue beat(16)8.43%
PT rev (1m)2.08%
PT rev (3m)2.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.28%
EPS NY rev (1m)1.25%
EPS NY rev (3m)1.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.16%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 11.94 | ||
| P/S | 6.1 | ||
| P/FCF | 9.31 | ||
| P/OCF | 8.95 | ||
| P/B | 4.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.95 |
EPS(TTM)1.35
EY8.87%
EPS(NY)1.27
Fwd EY8.37%
FCF(TTM)1.64
FCFY10.74%
OCF(TTM)1.7
OCFY11.18%
SpS2.49
BVpS3.61
TBVpS-1.38
PEG (NY)N/A
PEG (5Y)9.41
Graham Number10.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.39% | ||
| ROE | 14.65% | ||
| ROCE | 15.69% | ||
| ROIC | 13.81% | ||
| ROICexc | 15.71% | ||
| ROICexgc | 1246.74% | ||
| OM | 36.13% | ||
| PM (TTM) | 21.18% | ||
| GM | 51.25% | ||
| FCFM | 65.56% |
ROA(3y)9.06%
ROA(5y)20.26%
ROE(3y)17.86%
ROE(5y)36.77%
ROIC(3y)15.82%
ROIC(5y)32.16%
ROICexc(3y)24.59%
ROICexc(5y)50.4%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)17.97%
ROCE(5y)36.54%
ROICexgc growth 3Y69.86%
ROICexgc growth 5Y42.83%
ROICexc growth 3Y-16.38%
ROICexc growth 5Y-27.63%
OM growth 3Y-15.59%
OM growth 5Y-8.18%
PM growth 3Y-28.26%
PM growth 5Y-16.57%
GM growth 3Y-5.8%
GM growth 5Y-4.11%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.72 | ||
| Debt/EBITDA | 0.51 | ||
| Cap/Depr | 24.46% | ||
| Cap/Sales | 2.64% | ||
| Interest Coverage | 92.78 | ||
| Cash Conversion | 145.32% | ||
| Profit Quality | 309.59% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.56 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)26.69%
Cap/Depr(5y)21.94%
Cap/Sales(3y)2.29%
Cap/Sales(5y)1.65%
Profit Quality(3y)132.69%
Profit Quality(5y)113.61%
High Growth Momentum
Growth
EPS 1Y (TTM)19.47%
EPS 3Y6.45%
EPS 5Y1.2%
EPS Q2Q%30.43%
EPS Next Y-1.24%
EPS Next 2Y1.39%
EPS Next 3Y4.91%
EPS Next 5Y9.27%
Revenue 1Y (TTM)23.29%
Revenue growth 3Y16.7%
Revenue growth 5Y24.89%
Sales Q2Q%10.9%
Revenue Next Year17.84%
Revenue Next 2Y19.59%
Revenue Next 3Y18.46%
Revenue Next 5Y14.83%
EBIT growth 1Y23.92%
EBIT growth 3Y-1.48%
EBIT growth 5Y14.68%
EBIT Next Year23.28%
EBIT Next 3Y17.67%
EBIT Next 5Y14.36%
FCF growth 1Y125.11%
FCF growth 3Y9.2%
FCF growth 5Y25.48%
OCF growth 1Y127.85%
OCF growth 3Y10.71%
OCF growth 5Y26.83%
PATRIA INVESTMENTS LTD-A / PAX FAQ
What is the ChartMill fundamental rating of PATRIA INVESTMENTS LTD-A (PAX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to PAX.
Can you provide the valuation status for PATRIA INVESTMENTS LTD-A?
ChartMill assigns a valuation rating of 6 / 10 to PATRIA INVESTMENTS LTD-A (PAX). This can be considered as Fairly Valued.
Can you provide the profitability details for PATRIA INVESTMENTS LTD-A?
PATRIA INVESTMENTS LTD-A (PAX) has a profitability rating of 6 / 10.
What is the financial health of PATRIA INVESTMENTS LTD-A (PAX) stock?
The financial health rating of PATRIA INVESTMENTS LTD-A (PAX) is 4 / 10.
Can you provide the expected EPS growth for PAX stock?
The Earnings per Share (EPS) of PATRIA INVESTMENTS LTD-A (PAX) is expected to decline by -1.24% in the next year.