PBF LOGISTICS LP (PBFX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PBFX - US69318Q1040
19.9 USD
-0.49 (-2.4%)
19.95 USD
+0.05 (+0.25%)
PBFX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. PBFX has an average financial health and profitability rating. PBFX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- PBFX had positive earnings in the past year.
- In the past year PBFX had a positive cash flow from operations.
1.2 Ratios
- With a decent Return On Assets value of 17.59%, PBFX is doing good in the industry, outperforming 74.89% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 50.07%, PBFX belongs to the top of the industry, outperforming 85.39% of the companies in the same industry.
- The Return On Invested Capital of PBFX (18.07%) is better than 65.30% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PBFX is below the industry average of 21.94%.
- The 3 year average ROIC (17.43%) for PBFX is below the current ROIC(18.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.59% | ||
| ROE | 50.07% | ||
| ROIC | 18.07% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.43%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 42.22%, PBFX belongs to the top of the industry, outperforming 82.19% of the companies in the same industry.
- In the last couple of years the Profit Margin of PBFX has grown nicely.
- With a decent Operating Margin value of 52.58%, PBFX is doing good in the industry, outperforming 78.08% of the companies in the same industry.
- In the last couple of years the Operating Margin of PBFX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.58% | ||
| PM (TTM) | 42.22% | ||
| GM | N/A |
OM growth 3Y1.5%
OM growth 5Y-1.19%
PM growth 3Y13.76%
PM growth 5Y3.35%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PBFX is creating value.
- The number of shares outstanding for PBFX has been increased compared to 1 year ago.
- Compared to 1 year ago, PBFX has an improved debt to assets ratio.
2.2 Solvency
- PBFX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 2.45 | ||
| Altman-Z | N/A |
ROIC/WACC2.28
WACC7.93%
2.3 Liquidity
- A Current Ratio of 0.17 indicates that PBFX may have some problems paying its short term obligations.
- PBFX has a Current ratio of 0.17. This is amonst the worse of the industry: PBFX underperforms 91.32% of its industry peers.
- PBFX has a Quick Ratio of 0.17. This is a bad value and indicates that PBFX is not financially healthy enough and could expect problems in meeting its short term obligations.
- PBFX has a worse Quick ratio (0.17) than 91.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
- PBFX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.63%, which is quite good.
- PBFX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.52% yearly.
- PBFX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.81%.
- The Revenue has been growing by 13.47% on average over the past years. This is quite good.
EPS 1Y (TTM)9.63%
EPS 3Y11.59%
EPS 5Y2.52%
EPS Q2Q%-5.17%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y7.85%
Revenue growth 5Y13.47%
Sales Q2Q%0.81%
3.2 Future
- The Earnings Per Share is expected to grow by 4.38% on average over the next years.
- Based on estimates for the next years, PBFX will show a small growth in Revenue. The Revenue will grow by 0.20% on average per year.
EPS Next Y3.28%
EPS Next 2Y2.25%
EPS Next 3Y4.51%
EPS Next 5Y4.38%
Revenue Next Year5.1%
Revenue Next 2Y3.34%
Revenue Next 3Y1.33%
Revenue Next 5Y0.2%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- With a Price/Earnings ratio of 8.33, the valuation of PBFX can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of PBFX is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, PBFX is valued rather cheaply.
- The Price/Forward Earnings ratio is 7.96, which indicates a rather cheap valuation of PBFX.
- PBFX's Price/Forward Earnings is on the same level as the industry average.
- PBFX is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.96 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBFX is on the same level as its industry peers.
- 68.95% of the companies in the same industry are more expensive than PBFX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.84 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PBFX does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.54
PEG (5Y)3.3
EPS Next 2Y2.25%
EPS Next 3Y4.51%
5. Dividend
5.1 Amount
- PBFX has a Yearly Dividend Yield of 5.58%, which is a nice return.
- PBFX's Dividend Yield is a higher than the industry average which is at 3.75.
- Compared to an average S&P500 Dividend Yield of 1.86, PBFX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.58% |
5.2 History
- The dividend of PBFX decreases each year by -15.23%.
- PBFX has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-15.23%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
- PBFX pays out 49.24% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP49.24%
EPS Next 2Y2.25%
EPS Next 3Y4.51%
19.9
-0.49 (-2.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-27 2022-10-27/bmo
Earnings (Next)02-08 2023-02-08
Inst Owners0.02%
Inst Owner Change0%
Ins Owners11.77%
Ins Owner Change0%
Market Cap1.25B
Revenue(TTM)361.72M
Net Income(TTM)152.72M
Analysts43.33
Price Target16.83 (-15.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.58% |
Yearly Dividend1.2
Dividend Growth(5Y)-15.23%
DP49.24%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.6%
Min EPS beat(2)-11.6%
Max EPS beat(2)-11.6%
EPS beat(4)1
Avg EPS beat(4)-2.75%
Min EPS beat(4)-11.6%
Max EPS beat(4)4.64%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.05%
Min Revenue beat(2)-3.03%
Max Revenue beat(2)0.93%
Revenue beat(4)2
Avg Revenue beat(4)1.3%
Min Revenue beat(4)-3.03%
Max Revenue beat(4)8.57%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.96 | ||
| P/S | 3.45 | ||
| P/FCF | 5.84 | ||
| P/OCF | 5.67 | ||
| P/B | 4.09 | ||
| P/tB | 4.21 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)2.39
EY12.01%
EPS(NY)2.5
Fwd EY12.56%
FCF(TTM)3.41
FCFY17.12%
OCF(TTM)3.51
OCFY17.62%
SpS5.77
BVpS4.86
TBVpS4.72
PEG (NY)2.54
PEG (5Y)3.3
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.59% | ||
| ROE | 50.07% | ||
| ROCE | N/A | ||
| ROIC | 18.07% | ||
| ROICexc | 19.1% | ||
| ROICexgc | 19.32% | ||
| OM | 52.58% | ||
| PM (TTM) | 42.22% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.43%
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
ROICexgc growth 3Y10.16%
ROICexgc growth 5Y4.5%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y1.5%
OM growth 5Y-1.19%
PM growth 3Y13.76%
PM growth 5Y3.35%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 2.45 | ||
| Debt/EBITDA | 2.31 | ||
| Cap/Depr | 17.19% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 139.94% | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | N/A |
F-Score6
WACC7.93%
ROIC/WACC2.28
Cap/Depr(3y)42.61%
Cap/Depr(5y)119.76%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)117.36%
Profit Quality(5y)104.42%
High Growth Momentum
Growth
EPS 1Y (TTM)9.63%
EPS 3Y11.59%
EPS 5Y2.52%
EPS Q2Q%-5.17%
EPS Next Y3.28%
EPS Next 2Y2.25%
EPS Next 3Y4.51%
EPS Next 5Y4.38%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y7.85%
Revenue growth 5Y13.47%
Sales Q2Q%0.81%
Revenue Next Year5.1%
Revenue Next 2Y3.34%
Revenue Next 3Y1.33%
Revenue Next 5Y0.2%
EBIT growth 1Y2.24%
EBIT growth 3Y9.47%
EBIT growth 5Y12.12%
EBIT Next Year16.7%
EBIT Next 3Y5.7%
EBIT Next 5Y-14.87%
FCF growth 1Y20.94%
FCF growth 3Y25.47%
FCF growth 5Y21.2%
OCF growth 1Y12.97%
OCF growth 3Y12.15%
OCF growth 5Y14.82%
PBF LOGISTICS LP / PBFX FAQ
What is the fundamental rating for PBFX stock?
ChartMill assigns a fundamental rating of 4 / 10 to PBFX.
What is the valuation status for PBFX stock?
ChartMill assigns a valuation rating of 3 / 10 to PBF LOGISTICS LP (PBFX). This can be considered as Overvalued.
Can you provide the profitability details for PBF LOGISTICS LP?
PBF LOGISTICS LP (PBFX) has a profitability rating of 6 / 10.
Can you provide the financial health for PBFX stock?
The financial health rating of PBF LOGISTICS LP (PBFX) is 2 / 10.
What is the expected EPS growth for PBF LOGISTICS LP (PBFX) stock?
The Earnings per Share (EPS) of PBF LOGISTICS LP (PBFX) is expected to grow by 3.28% in the next year.