Logo image of PBH.CA

PREMIUM BRANDS HOLDINGS CORP (PBH.CA) Stock Fundamental Analysis

TSX:PBH - Toronto Stock Exchange - CA74061A1084 - Common Stock - Currency: CAD

76.32  +0.59 (+0.78%)

Fundamental Rating

5

Taking everything into account, PBH scores 5 out of 10 in our fundamental rating. PBH was compared to 17 industry peers in the Food Products industry. PBH has a medium profitability rating, but doesn't score so well on its financial health evaluation. PBH is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

PBH had positive earnings in the past year.
PBH had a positive operating cash flow in the past year.
Each year in the past 5 years PBH has been profitable.
PBH had a positive operating cash flow in each of the past 5 years.
PBH.CA Yearly Net Income VS EBIT VS OCF VS FCFPBH.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M 300M 400M

1.2 Ratios

PBH's Return On Assets of 1.87% is fine compared to the rest of the industry. PBH outperforms 75.00% of its industry peers.
Looking at the Return On Equity, with a value of 5.69%, PBH is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 5.64%, PBH is doing good in the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PBH is in line with the industry average of 6.55%.
The 3 year average ROIC (4.99%) for PBH is below the current ROIC(5.64%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.87%
ROE 5.69%
ROIC 5.64%
ROA(3y)2.66%
ROA(5y)2.64%
ROE(3y)7.21%
ROE(5y)6.95%
ROIC(3y)4.99%
ROIC(5y)5.03%
PBH.CA Yearly ROA, ROE, ROICPBH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15

1.3 Margins

PBH has a Profit Margin of 1.55%. This is in the better half of the industry: PBH outperforms 75.00% of its industry peers.
In the last couple of years the Profit Margin of PBH has declined.
PBH's Operating Margin of 5.33% is fine compared to the rest of the industry. PBH outperforms 62.50% of its industry peers.
In the last couple of years the Operating Margin of PBH has declined.
PBH has a better Gross Margin (19.84%) than 75.00% of its industry peers.
In the last couple of years the Gross Margin of PBH has remained more or less at the same level.
Industry RankSector Rank
OM 5.33%
PM (TTM) 1.55%
GM 19.84%
OM growth 3Y6.37%
OM growth 5Y-2.82%
PM growth 3Y-9.9%
PM growth 5Y-14.22%
GM growth 3Y0.22%
GM growth 5Y-0.56%
PBH.CA Yearly Profit, Operating, Gross MarginsPBH.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15

3

2. Health

2.1 Basic Checks

PBH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PBH remains at a similar level compared to 1 year ago.
The number of shares outstanding for PBH has been increased compared to 5 years ago.
PBH has a worse debt/assets ratio than last year.
PBH.CA Yearly Shares OutstandingPBH.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
PBH.CA Yearly Total Debt VS Total AssetsPBH.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B 5B

2.2 Solvency

PBH has an Altman-Z score of 2.08. This is not the best score and indicates that PBH 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 2.08, PBH is in line with its industry, outperforming 56.25% of the companies in the same industry.
A Debt/Equity ratio of 1.51 is on the high side and indicates that PBH has dependencies on debt financing.
PBH has a Debt to Equity ratio of 1.51. This is comparable to the rest of the industry: PBH outperforms 56.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Altman-Z 2.08
ROIC/WACC0.9
WACC6.23%
PBH.CA Yearly LT Debt VS Equity VS FCFPBH.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

PBH has a Current Ratio of 1.51. This is a normal value and indicates that PBH is financially healthy and should not expect problems in meeting its short term obligations.
PBH's Current ratio of 1.51 is fine compared to the rest of the industry. PBH outperforms 68.75% of its industry peers.
A Quick Ratio of 0.54 indicates that PBH may have some problems paying its short term obligations.
PBH has a Quick ratio of 0.54. This is in the better half of the industry: PBH outperforms 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.51
Quick Ratio 0.54
PBH.CA Yearly Current Assets VS Current LiabilitesPBH.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B

5

3. Growth

3.1 Past

The earnings per share for PBH have decreased by -9.38% in the last year.
Measured over the past 5 years, PBH shows a small growth in Earnings Per Share. The EPS has been growing by 4.53% on average per year.
The Revenue has been growing slightly by 0.71% in the past year.
The Revenue has been growing by 15.65% on average over the past years. This is quite good.
EPS 1Y (TTM)-9.38%
EPS 3Y9.38%
EPS 5Y4.53%
EPS Q2Q%-12.6%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y15.45%
Revenue growth 5Y15.65%
Sales Q2Q%1.34%

3.2 Future

PBH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.20% yearly.
The Revenue is expected to grow by 7.87% on average over the next years.
EPS Next Y-2.73%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
EPS Next 5Y22.2%
Revenue Next Year1.91%
Revenue Next 2Y5.2%
Revenue Next 3Y7.88%
Revenue Next 5Y7.87%

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.
PBH.CA Yearly Revenue VS EstimatesPBH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B 8B
PBH.CA Yearly EPS VS EstimatesPBH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 19.27 indicates a rather expensive valuation of PBH.
Compared to the rest of the industry, the Price/Earnings ratio of PBH indicates a somewhat cheap valuation: PBH is cheaper than 75.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PBH to the average of the S&P500 Index (30.43), we can say PBH is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 14.44, the valuation of PBH can be described as correct.
PBH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PBH is cheaper than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PBH to the average of the S&P500 Index (23.78), we can say PBH is valued slightly cheaper.
Industry RankSector Rank
PE 19.27
Fwd PE 14.44
PBH.CA Price Earnings VS Forward Price EarningsPBH.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBH is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.89
PBH.CA Per share dataPBH.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100

4.3 Compensation for Growth

PBH has a very decent profitability rating, which may justify a higher PE ratio.
PBH's earnings are expected to grow with 20.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.26
EPS Next 2Y14.52%
EPS Next 3Y20.05%

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.49%, PBH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.55, PBH pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, PBH pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.49%

5.2 History

The dividend of PBH is nicely growing with an annual growth rate of 10.33%!
PBH has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of PBH decreased recently.
Dividend Growth(5Y)10.33%
Div Incr Years1
Div Non Decr Years1
PBH.CA Yearly Dividends per sharePBH.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3 4

5.3 Sustainability

145.77% of the earnings are spent on dividend by PBH. This is not a sustainable payout ratio.
The dividend of PBH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP145.77%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
PBH.CA Yearly Income VS Free CF VS DividendPBH.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M 100M -100M 150M
PBH.CA Dividend Payout.PBH.CA Dividend Payout, showing the Payout Ratio.PBH.CA Dividend Payout.PayoutRetained Earnings

PREMIUM BRANDS HOLDINGS CORP

TSX:PBH (2/14/2025, 7:00:00 PM)

76.32

+0.59 (+0.78%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)11-06 2024-11-06/bmo
Earnings (Next)03-13 2025-03-13/amc
Inst Owners46.68%
Inst Owner ChangeN/A
Ins Owners2.23%
Ins Owner ChangeN/A
Market Cap3.42B
Analysts75.71
Price Target104.45 (36.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.49%
Yearly Dividend3.03
Dividend Growth(5Y)10.33%
DP145.77%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.07%
Min EPS beat(2)-25.24%
Max EPS beat(2)11.09%
EPS beat(4)2
Avg EPS beat(4)-9.88%
Min EPS beat(4)-29.06%
Max EPS beat(4)11.09%
EPS beat(8)3
Avg EPS beat(8)-9.16%
EPS beat(12)6
Avg EPS beat(12)-5.67%
EPS beat(16)9
Avg EPS beat(16)-2.16%
Revenue beat(2)0
Avg Revenue beat(2)-3.14%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)-0.72%
Revenue beat(4)0
Avg Revenue beat(4)-2.79%
Min Revenue beat(4)-5.56%
Max Revenue beat(4)-0.56%
Revenue beat(8)2
Avg Revenue beat(8)-1.46%
Revenue beat(12)6
Avg Revenue beat(12)-0.04%
Revenue beat(16)8
Avg Revenue beat(16)0.41%
PT rev (1m)0%
PT rev (3m)-7.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.76%
EPS NY rev (1m)-0.48%
EPS NY rev (3m)-16.36%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-6.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.94%
Valuation
Industry RankSector Rank
PE 19.27
Fwd PE 14.44
P/S 0.54
P/FCF N/A
P/OCF 10.1
P/B 1.96
P/tB 28.73
EV/EBITDA 11.89
EPS(TTM)3.96
EY5.19%
EPS(NY)5.29
Fwd EY6.93%
FCF(TTM)-1.73
FCFYN/A
OCF(TTM)7.56
OCFY9.9%
SpS142.55
BVpS38.9
TBVpS2.66
PEG (NY)N/A
PEG (5Y)4.26
Profitability
Industry RankSector Rank
ROA 1.87%
ROE 5.69%
ROCE 7.62%
ROIC 5.64%
ROICexc 5.65%
ROICexgc 8.81%
OM 5.33%
PM (TTM) 1.55%
GM 19.84%
FCFM N/A
ROA(3y)2.66%
ROA(5y)2.64%
ROE(3y)7.21%
ROE(5y)6.95%
ROIC(3y)4.99%
ROIC(5y)5.03%
ROICexc(3y)5.01%
ROICexc(5y)5.17%
ROICexgc(3y)8%
ROICexgc(5y)9.18%
ROCE(3y)6.69%
ROCE(5y)6.75%
ROICexcg growth 3Y-5.05%
ROICexcg growth 5Y-11.92%
ROICexc growth 3Y3.56%
ROICexc growth 5Y-3.7%
OM growth 3Y6.37%
OM growth 5Y-2.82%
PM growth 3Y-9.9%
PM growth 5Y-14.22%
GM growth 3Y0.22%
GM growth 5Y-0.56%
F-Score5
Asset Turnover1.2
Health
Industry RankSector Rank
Debt/Equity 1.51
Debt/FCF N/A
Debt/EBITDA 5.04
Cap/Depr 229.76%
Cap/Sales 6.52%
Interest Coverage 2.1
Cash Conversion 64.93%
Profit Quality N/A
Current Ratio 1.51
Quick Ratio 0.54
Altman-Z 2.08
F-Score5
WACC6.23%
ROIC/WACC0.9
Cap/Depr(3y)166.18%
Cap/Depr(5y)130.72%
Cap/Sales(3y)4.36%
Cap/Sales(5y)3.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.38%
EPS 3Y9.38%
EPS 5Y4.53%
EPS Q2Q%-12.6%
EPS Next Y-2.73%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
EPS Next 5Y22.2%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y15.45%
Revenue growth 5Y15.65%
Sales Q2Q%1.34%
Revenue Next Year1.91%
Revenue Next 2Y5.2%
Revenue Next 3Y7.88%
Revenue Next 5Y7.87%
EBIT growth 1Y-2.63%
EBIT growth 3Y22.81%
EBIT growth 5Y12.39%
EBIT Next Year40.65%
EBIT Next 3Y22.73%
EBIT Next 5Y19.9%
FCF growth 1Y69.81%
FCF growth 3Y-36.68%
FCF growth 5Y-11.97%
OCF growth 1Y675.85%
OCF growth 3Y24.05%
OCF growth 5Y26.13%