PBF ENERGY INC-CLASS A (PBF) Stock Fundamental Analysis
NYSE:PBF - New York Stock Exchange, Inc. - US69318G1067 - Common Stock - Currency: USD
We assign a fundamental rating of 2 out of 10 to PBF. PBF was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. PBF has a bad profitability rating. Also its financial health evaluation is rather negative. PBF does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PBF had negative earnings in the past year.
PBF had a negative operating cash flow in the past year.
In multiple years PBF reported negative net income over the last 5 years.
PBF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -8.00%, PBF is doing worse than 80.57% of the companies in the same industry.
PBF has a Return On Equity of -20.38%. This is in the lower half of the industry: PBF underperforms 79.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8% | ||
| ROE | -20.38% | ||
| ROIC | N/A |
ROA(3y)10.64%
ROA(5y)4.13%
ROE(3y)27.24%
ROE(5y)1.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 7.23%, PBF is doing worse than 72.99% of the companies in the same industry.
In the last couple of years the Gross Margin of PBF has declined.
The Profit Margin and Operating Margin are not available for PBF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 7.23% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.89%
GM growth 5Y-7.33%
2. Health
2.1 Basic Checks
PBF does not have a ROIC to compare to the WACC, probably because it is not profitable.
PBF has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PBF has been reduced compared to 5 years ago.
The debt/assets ratio for PBF is higher compared to a year ago.
2.2 Solvency
PBF has an Altman-Z score of 2.71. This is not the best score and indicates that PBF is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.71, PBF is in the better half of the industry, outperforming 79.62% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that PBF is not too dependend on debt financing.
PBF's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. PBF outperforms 50.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.71 |
ROIC/WACCN/A
WACC8.44%
2.3 Liquidity
PBF has a Current Ratio of 1.29. This is a normal value and indicates that PBF is financially healthy and should not expect problems in meeting its short term obligations.
PBF has a Current ratio of 1.29. This is comparable to the rest of the industry: PBF outperforms 57.82% of its industry peers.
PBF has a Quick Ratio of 1.29. This is a bad value and indicates that PBF is not financially healthy enough and could expect problems in meeting its short term obligations.
PBF has a worse Quick ratio (0.52) than 80.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The earnings per share for PBF have decreased strongly by -185.12% in the last year.
The Revenue for PBF has decreased by -16.30% in the past year. This is quite bad
The Revenue has been growing slightly by 6.20% on average over the past years.
EPS 1Y (TTM)-185.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-463.53%
Revenue 1Y (TTM)-16.3%
Revenue growth 3Y6.71%
Revenue growth 5Y6.2%
Sales Q2Q%-18.27%
3.2 Future
Based on estimates for the next years, PBF will show a very strong growth in Earnings Per Share. The EPS will grow by 21.45% on average per year.
PBF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.41% yearly.
EPS Next Y-34.65%
EPS Next 2Y50.22%
EPS Next 3Y36.34%
EPS Next 5Y21.45%
Revenue Next Year-11.14%
Revenue Next 2Y-2.23%
Revenue Next 3Y0.41%
Revenue Next 5YN/A
3.3 Evolution
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
PBF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 21.07 indicates a rather expensive valuation of PBF.
PBF's Price/Forward Earnings ratio is in line with the industry average.
PBF is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.60, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.07 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as PBF's earnings are expected to grow with 36.34% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.22%
EPS Next 3Y36.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.93%, PBF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.66, PBF pays a bit more dividend than its industry peers.
PBF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
5.2 History
The dividend of PBF decreases each year by -3.33%.
PBF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PBF decreased in the last 3 years.
Dividend Growth(5Y)-3.33%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PBF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-11.58%
EPS Next 2Y50.22%
EPS Next 3Y36.34%
21.67
-0.17 (-0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners80.2%
Inst Owner Change4.63%
Ins Owners2.2%
Ins Owner Change4.34%
Market Cap2.51B
Analysts51.82
Price Target18.82 (-13.15%)
Short Float %21.92%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
Yearly Dividend1.01
Dividend Growth(5Y)-3.33%
DP-11.58%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.25%
Min EPS beat(2)0.62%
Max EPS beat(2)1.89%
EPS beat(4)2
Avg EPS beat(4)-64.85%
Min EPS beat(4)-256.44%
Max EPS beat(4)1.89%
EPS beat(8)5
Avg EPS beat(8)-126.67%
EPS beat(12)8
Avg EPS beat(12)-79.41%
EPS beat(16)12
Avg EPS beat(16)-3.38%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-2.05%
Max Revenue beat(2)5.97%
Revenue beat(4)3
Avg Revenue beat(4)1.33%
Min Revenue beat(4)-2.05%
Max Revenue beat(4)5.97%
Revenue beat(8)7
Avg Revenue beat(8)2.47%
Revenue beat(12)11
Avg Revenue beat(12)8.22%
Revenue beat(16)15
Avg Revenue beat(16)8.94%
PT rev (1m)6.28%
PT rev (3m)-23.68%
EPS NQ rev (1m)-2.39%
EPS NQ rev (3m)-206.39%
EPS NY rev (1m)10.44%
EPS NY rev (3m)-74.1%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)-6.49%
Revenue NY rev (1m)-2.88%
Revenue NY rev (3m)-3.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.07 | ||
| P/S | 0.08 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.49 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | N/A |
EPS(TTM)-7.95
EYN/A
EPS(NY)1.03
Fwd EY4.75%
FCF(TTM)-13.62
FCFYN/A
OCF(TTM)-5.48
OCFYN/A
SpS272.69
BVpS44.23
TBVpS44.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8% | ||
| ROE | -20.38% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 7.23% | ||
| FCFM | N/A |
ROA(3y)10.64%
ROA(5y)4.13%
ROE(3y)27.24%
ROE(5y)1.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.89%
GM growth 5Y-7.33%
F-Score2
Asset Turnover2.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 140.65% | ||
| Cap/Sales | 2.99% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 2.71 |
F-Score2
WACC8.44%
ROIC/WACCN/A
Cap/Depr(3y)181.51%
Cap/Depr(5y)138.8%
Cap/Sales(3y)2.76%
Cap/Sales(5y)2.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-185.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-463.53%
EPS Next Y-34.65%
EPS Next 2Y50.22%
EPS Next 3Y36.34%
EPS Next 5Y21.45%
Revenue 1Y (TTM)-16.3%
Revenue growth 3Y6.71%
Revenue growth 5Y6.2%
Sales Q2Q%-18.27%
Revenue Next Year-11.14%
Revenue Next 2Y-2.23%
Revenue Next 3Y0.41%
Revenue Next 5YN/A
EBIT growth 1Y-176.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year99.84%
EBIT Next 3Y55.25%
EBIT Next 5Y32.67%
FCF growth 1Y-142.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-112.94%
OCF growth 3Y-55.03%
OCF growth 5Y-45.87%