PITNEY BOWES INC (PBI) Fundamental Analysis & Valuation
NYSE:PBI • US7244791007
Current stock price
13.19 USD
+0.35 (+2.73%)
At close:
13.22 USD
+0.03 (+0.23%)
Pre-Market:
This PBI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. PBI Profitability Analysis
1.1 Basic Checks
- In the past year PBI was profitable.
- PBI had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: PBI reported negative net income in multiple years.
- In the past 5 years PBI always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of PBI (4.57%) is better than 72.15% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 16.35%, PBI belongs to the top of the industry, outperforming 92.41% of the companies in the same industry.
- PBI had an Average Return On Invested Capital over the past 3 years of 10.17%. This is in line with the industry average of 9.77%.
- The 3 year average ROIC (10.17%) for PBI is below the current ROIC(16.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | N/A | ||
| ROIC | 16.35% |
ROA(3y)-3.48%
ROA(5y)-1.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.17%
ROIC(5y)7.98%
1.3 Margins
- PBI's Profit Margin of 7.65% is fine compared to the rest of the industry. PBI outperforms 78.48% of its industry peers.
- In the last couple of years the Profit Margin of PBI has grown nicely.
- Looking at the Operating Margin, with a value of 18.63%, PBI belongs to the top of the industry, outperforming 91.14% of the companies in the same industry.
- In the last couple of years the Operating Margin of PBI has grown nicely.
- With an excellent Gross Margin value of 54.10%, PBI belongs to the best of the industry, outperforming 93.67% of the companies in the same industry.
- PBI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.63% | ||
| PM (TTM) | 7.65% | ||
| GM | 54.1% |
OM growth 3Y20.33%
OM growth 5Y37.27%
PM growth 3Y72.56%
PM growth 5YN/A
GM growth 3Y6.84%
GM growth 5Y10.84%
2. PBI Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PBI is creating value.
- Compared to 1 year ago, PBI has less shares outstanding
- PBI has less shares outstanding than it did 5 years ago.
- PBI has a worse debt/assets ratio than last year.
2.2 Solvency
- PBI has an Altman-Z score of 2.25. This is not the best score and indicates that PBI is in the grey zone with still only limited risk for bankruptcy at the moment.
- PBI has a Altman-Z score of 2.25. This is comparable to the rest of the industry: PBI outperforms 51.90% of its industry peers.
- PBI has a debt to FCF ratio of 6.29. This is a slightly negative value and a sign of low solvency as PBI would need 6.29 years to pay back of all of its debts.
- PBI has a better Debt to FCF ratio (6.29) than 69.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.29 | ||
| Altman-Z | 2.25 |
ROIC/WACC1.83
WACC8.95%
2.3 Liquidity
- PBI has a Current Ratio of 0.71. This is a bad value and indicates that PBI is not financially healthy enough and could expect problems in meeting its short term obligations.
- PBI has a worse Current ratio (0.71) than 81.01% of its industry peers.
- PBI has a Quick Ratio of 0.71. This is a bad value and indicates that PBI is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.67, PBI is not doing good in the industry: 77.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.67 |
3. PBI Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 147.27% over the past year.
- PBI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.30% yearly.
- PBI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -33.76%.
- Measured over the past years, PBI shows a very negative growth in Revenue. The Revenue has been decreasing by -11.84% on average per year.
EPS 1Y (TTM)147.27%
EPS 3Y104.08%
EPS 5Y35.3%
EPS Q2Q%40.63%
Revenue 1Y (TTM)-33.76%
Revenue growth 3Y-8.65%
Revenue growth 5Y-11.84%
Sales Q2Q%-7.46%
3.2 Future
- The Earnings Per Share is expected to grow by 11.49% on average over the next years. This is quite good.
- The Revenue is expected to decrease by -1.79% on average over the next years.
EPS Next Y8.67%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
EPS Next 5YN/A
Revenue Next Year-4.22%
Revenue Next 2Y-2.4%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. PBI Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.70, the valuation of PBI can be described as very reasonable.
- PBI's Price/Earnings ratio is rather cheap when compared to the industry. PBI is cheaper than 91.14% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.95, PBI is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.92, the valuation of PBI can be described as reasonable.
- PBI's Price/Forward Earnings ratio is rather cheap when compared to the industry. PBI is cheaper than 91.14% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 38.68. PBI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 8.92 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBI indicates a rather cheap valuation: PBI is cheaper than 83.54% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PBI indicates a rather cheap valuation: PBI is cheaper than 93.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.97 | ||
| EV/EBITDA | 7.71 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of PBI may justify a higher PE ratio.
PEG (NY)1.12
PEG (5Y)0.27
EPS Next 2Y7.23%
EPS Next 3Y11.49%
5. PBI Dividend Analysis
5.1 Amount
- PBI has a Yearly Dividend Yield of 2.96%.
- Compared to an average industry Dividend Yield of 0.84, PBI pays a better dividend. On top of this PBI pays more dividend than 89.87% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, PBI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
- The dividend of PBI is nicely growing with an annual growth rate of 8.89%!
- PBI has been paying a dividend for at least 10 years, so it has a reliable track record.
- PBI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)8.89%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- 35.29% of the earnings are spent on dividend by PBI. This is a low number and sustainable payout ratio.
- PBI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.29%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
PBI Fundamentals: All Metrics, Ratios and Statistics
13.19
+0.35 (+2.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-17 2026-02-17/amc
Earnings (Next)04-24 2026-04-24
Inst Owners90.3%
Inst Owner Change0.04%
Ins Owners0.46%
Ins Owner Change1.54%
Market Cap1.89B
Revenue(TTM)1.89B
Net Income(TTM)144.70M
Analysts50
Price Target12.65 (-4.09%)
Short Float %15.78%
Short Ratio8.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Yearly Dividend0.31
Dividend Growth(5Y)8.89%
DP35.29%
Div Incr Years1
Div Non Decr Years6
Ex-Date02-27 2026-02-27 (0.09)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.34%
Min EPS beat(2)-2.56%
Max EPS beat(2)17.25%
EPS beat(4)2
Avg EPS beat(4)8.23%
Min EPS beat(4)-2.79%
Max EPS beat(4)21.01%
EPS beat(8)6
Avg EPS beat(8)52.54%
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)0
Avg Revenue beat(2)-2.77%
Min Revenue beat(2)-2.89%
Max Revenue beat(2)-2.64%
Revenue beat(4)0
Avg Revenue beat(4)-2.83%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)-1.88%
Revenue beat(8)3
Avg Revenue beat(8)-5.41%
Revenue beat(12)5
Avg Revenue beat(12)-4.16%
Revenue beat(16)5
Avg Revenue beat(16)-4.11%
PT rev (1m)0%
PT rev (3m)-4.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.12%
EPS NY rev (1m)0%
EPS NY rev (3m)4.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.7 | ||
| Fwd PE | 8.92 | ||
| P/S | 1 | ||
| P/FCF | 5.97 | ||
| P/OCF | 4.94 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.71 |
EPS(TTM)1.36
EY10.31%
EPS(NY)1.48
Fwd EY11.21%
FCF(TTM)2.21
FCFY16.74%
OCF(TTM)2.67
OCFY20.24%
SpS13.19
BVpS-5.59
TBVpS-10.89
PEG (NY)1.12
PEG (5Y)0.27
Graham Number0 (-100%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | N/A | ||
| ROCE | 21.75% | ||
| ROIC | 16.35% | ||
| ROICexc | 20.02% | ||
| ROICexgc | 47.11% | ||
| OM | 18.63% | ||
| PM (TTM) | 7.65% | ||
| GM | 54.1% | ||
| FCFM | 16.75% |
ROA(3y)-3.48%
ROA(5y)-1.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.17%
ROIC(5y)7.98%
ROICexc(3y)13.06%
ROICexc(5y)10.27%
ROICexgc(3y)29.18%
ROICexgc(5y)22.34%
ROCE(3y)13.53%
ROCE(5y)10.62%
ROICexgc growth 3Y41.01%
ROICexgc growth 5Y38.42%
ROICexc growth 3Y32.76%
ROICexc growth 5Y36.46%
OM growth 3Y20.33%
OM growth 5Y37.27%
PM growth 3Y72.56%
PM growth 5YN/A
GM growth 3Y6.84%
GM growth 5Y10.84%
F-Score6
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 6.29 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 59.4% | ||
| Cap/Sales | 3.5% | ||
| Interest Coverage | 2.48 | ||
| Cash Conversion | 82.56% | ||
| Profit Quality | 219.06% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 2.25 |
F-Score6
WACC8.95%
ROIC/WACC1.83
Cap/Depr(3y)63.98%
Cap/Depr(5y)75.85%
Cap/Sales(3y)3.61%
Cap/Sales(5y)3.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)147.27%
EPS 3Y104.08%
EPS 5Y35.3%
EPS Q2Q%40.63%
EPS Next Y8.67%
EPS Next 2Y7.23%
EPS Next 3Y11.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-33.76%
Revenue growth 3Y-8.65%
Revenue growth 5Y-11.84%
Sales Q2Q%-7.46%
Revenue Next Year-4.22%
Revenue Next 2Y-2.4%
Revenue Next 3Y-1.79%
Revenue Next 5YN/A
EBIT growth 1Y88.25%
EBIT growth 3Y9.92%
EBIT growth 5Y21.02%
EBIT Next Year26.19%
EBIT Next 3Y9.07%
EBIT Next 5YN/A
FCF growth 1Y102.2%
FCF growth 3Y50.81%
FCF growth 5Y9.98%
OCF growth 1Y67.24%
OCF growth 3Y29.85%
OCF growth 5Y4.88%
PITNEY BOWES INC / PBI Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for PITNEY BOWES INC?
ChartMill assigns a fundamental rating of 5 / 10 to PBI.
What is the valuation status of PITNEY BOWES INC (PBI) stock?
ChartMill assigns a valuation rating of 8 / 10 to PITNEY BOWES INC (PBI). This can be considered as Undervalued.
What is the profitability of PBI stock?
PITNEY BOWES INC (PBI) has a profitability rating of 7 / 10.
What is the expected EPS growth for PITNEY BOWES INC (PBI) stock?
The Earnings per Share (EPS) of PITNEY BOWES INC (PBI) is expected to grow by 8.67% in the next year.
Is the dividend of PITNEY BOWES INC sustainable?
The dividend rating of PITNEY BOWES INC (PBI) is 8 / 10 and the dividend payout ratio is 35.29%.