PBF ENERGY INC-CLASS A (PBF)
US69318G1067 - Common Stock
PBF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. PBF has an average financial health and profitability rating. PBF has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PBF had positive earnings in the past year.
PBF had a positive operating cash flow in the past year.
PBF had positive earnings in 4 of the past 5 years.
Of the past 5 years PBF 4 years had a positive operating cash flow.
1.2 Ratios
PBF has a Return On Assets of 14.87%. This is in the better half of the industry: PBF outperforms 79.81% of its industry peers.
PBF's Return On Equity of 32.98% is fine compared to the rest of the industry. PBF outperforms 78.87% of its industry peers.
The Return On Invested Capital of PBF (16.12%) is better than 78.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PBF is significantly below the industry average of 45.80%.
The last Return On Invested Capital (16.12%) for PBF is well below the 3 year average (20.51%), which needs to be investigated, but indicates that PBF had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.87% | ||
| ROE | 32.98% | ||
| ROIC | 16.12% |
ROA(3y)12.7%
ROA(5y)5.66%
ROE(3y)34.45%
ROE(5y)5.81%
ROIC(3y)20.51%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.58%, PBF is doing worse than 69.01% of the companies in the same industry.
In the last couple of years the Profit Margin of PBF has grown nicely.
With a Operating Margin value of 5.40%, PBF is not doing good in the industry: 78.40% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of PBF has grown nicely.
Looking at the Gross Margin, with a value of 14.75%, PBF is doing worse than 71.83% of the companies in the same industry.
In the last couple of years the Gross Margin of PBF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.4% | ||
| PM (TTM) | 5.58% | ||
| GM | 14.75% |
OM growth 3YN/A
OM growth 5Y27.32%
PM growth 3YN/A
PM growth 5Y64%
GM growth 3Y38.46%
GM growth 5Y7.4%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PBF is creating value.
Compared to 1 year ago, PBF has less shares outstanding
Compared to 5 years ago, PBF has more shares outstanding
The debt/assets ratio for PBF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.25 indicates that PBF is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.25, PBF belongs to the best of the industry, outperforming 84.98% of the companies in the same industry.
PBF has a debt to FCF ratio of 7.91. This is a slightly negative value and a sign of low solvency as PBF would need 7.91 years to pay back of all of its debts.
PBF has a Debt to FCF ratio (7.91) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.20 indicates that PBF is not too dependend on debt financing.
PBF has a Debt to Equity ratio of 0.20. This is in the better half of the industry: PBF outperforms 68.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 7.91 | ||
| Altman-Z | 4.25 |
ROIC/WACC1.92
WACC8.4%
2.3 Liquidity
A Current Ratio of 1.56 indicates that PBF should not have too much problems paying its short term obligations.
PBF has a better Current ratio (1.56) than 69.01% of its industry peers.
A Quick Ratio of 0.81 indicates that PBF may have some problems paying its short term obligations.
PBF has a worse Quick ratio (0.81) than 63.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The earnings per share for PBF have decreased strongly by -51.72% in the last year.
The Earnings Per Share has been growing by 28.19% on average over the past years. This is a very strong growth
Looking at the last year, PBF shows a very negative growth in Revenue. The Revenue has decreased by -18.16% in the last year.
The Revenue has been growing slightly by 7.11% on average over the past years.
EPS 1Y (TTM)-51.72%
EPS 3YN/A
EPS 5Y28.19%
EPS growth Q2Q-109.3%
Revenue 1Y (TTM)-18.16%
Revenue growth 3Y36.36%
Revenue growth 5Y7.11%
Revenue growth Q2Q-15.74%
3.2 Future
The Earnings Per Share is expected to decrease by -42.50% on average over the next years. This is quite bad
The Revenue is expected to decrease by -5.63% on average over the next years.
EPS Next Y-33.49%
EPS Next 2Y-31.15%
EPS Next 3Y-31.62%
EPS Next 5Y-42.5%
Revenue Next Year-17.11%
Revenue Next 2Y-11.82%
Revenue Next 3Y-5.63%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 5.08, which indicates a rather cheap valuation of PBF.
PBF's Price/Earnings ratio is rather cheap when compared to the industry. PBF is cheaper than 85.45% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.95, PBF is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.64, the valuation of PBF can be described as very cheap.
Based on the Price/Forward Earnings ratio, PBF is valued a bit cheaper than 78.87% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.40. PBF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.08 | ||
| Fwd PE | 7.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PBF is valued cheaply inside the industry as 93.90% of the companies are valued more expensively.
PBF's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. PBF is more expensive than 64.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.3 | ||
| EV/EBITDA | 2.35 |
4.3 Compensation for Growth
A cheap valuation may be justified as PBF's earnings are expected to decrease with -31.62% in the coming years.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-31.15%
EPS Next 3Y-31.62%
5. Dividend
5.1 Amount
PBF has a Yearly Dividend Yield of 1.80%.
Compared to an average industry Dividend Yield of 5.79, PBF has a dividend in line with its industry peers.
PBF's Dividend Yield is slightly below the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
The dividend of PBF decreases each year by -6.82%.
PBF has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of PBF decreased recently.
Dividend Growth(5Y)-6.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
4.94% of the earnings are spent on dividend by PBF. This is a low number and sustainable payout ratio.
The Dividend Rate of PBF has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP4.94%
EPS Next 2Y-31.15%
EPS Next 3Y-31.62%
PBF ENERGY INC-CLASS A
NYSE:PBF (4/23/2024, 1:46:08 PM)
57.15
+0.6 (+1.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.81B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.08 | ||
| Fwd PE | 7.64 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.87% | ||
| ROE | 32.98% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.4% | ||
| PM (TTM) | 5.58% | ||
| GM | 14.75% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.56 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-51.72%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-33.49%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-18.16%
Revenue growth 3Y36.36%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y