POLLARD BANKNOTE LTD (PBL.CA) Stock Fundamental Analysis
TSX:PBL - Toronto Stock Exchange - CA73150R1055 - Common Stock - Currency: CAD
Overall PBL gets a fundamental rating of 5 out of 10. We evaluated PBL against 20 industry peers in the Hotels, Restaurants & Leisure industry. PBL has an average financial health and profitability rating. PBL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
PBL had positive earnings in the past year.
PBL had a positive operating cash flow in the past year.
PBL had positive earnings in each of the past 5 years.
In the past 5 years PBL always reported a positive cash flow from operatings.
1.2 Ratios
PBL has a better Return On Assets (5.53%) than 75.00% of its industry peers.
PBL has a better Return On Equity (10.53%) than 80.00% of its industry peers.
PBL has a Return On Invested Capital (2.80%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for PBL is significantly below the industry average of 7.62%.
The last Return On Invested Capital (2.80%) for PBL is above the 3 year average (2.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.53% | ||
| ROE | 10.53% | ||
| ROIC | 2.8% |
ROA(3y)5.14%
ROA(5y)5.59%
ROE(3y)9.87%
ROE(5y)12.5%
ROIC(3y)2.12%
ROIC(5y)3.81%
1.3 Margins
The Profit Margin of PBL (6.32%) is better than 70.00% of its industry peers.
In the last couple of years the Profit Margin of PBL has grown nicely.
Looking at the Operating Margin, with a value of 3.33%, PBL is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of PBL has declined.
PBL has a worse Gross Margin (18.80%) than 60.00% of its industry peers.
In the last couple of years the Gross Margin of PBL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.33% | ||
| PM (TTM) | 6.32% | ||
| GM | 18.8% |
OM growth 3Y-5.89%
OM growth 5Y-18.35%
PM growth 3Y13.76%
PM growth 5Y2.7%
GM growth 3Y-1.79%
GM growth 5Y-3.87%
2. Health
2.1 Basic Checks
PBL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PBL has more shares outstanding than it did 1 year ago.
PBL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PBL has been reduced compared to a year ago.
2.2 Solvency
PBL has an Altman-Z score of 2.60. This is not the best score and indicates that PBL is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.60, PBL is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Debt to FCF ratio of PBL is 8.46, which is on the high side as it means it would take PBL, 8.46 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.46, PBL is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.49 indicates that PBL is not too dependend on debt financing.
PBL's Debt to Equity ratio of 0.49 is fine compared to the rest of the industry. PBL outperforms 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 8.46 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.37
WACC7.61%
2.3 Liquidity
PBL has a Current Ratio of 1.71. This is a normal value and indicates that PBL is financially healthy and should not expect problems in meeting its short term obligations.
PBL's Current ratio of 1.71 is amongst the best of the industry. PBL outperforms 95.00% of its industry peers.
A Quick Ratio of 1.21 indicates that PBL should not have too much problems paying its short term obligations.
PBL's Quick ratio of 1.21 is amongst the best of the industry. PBL outperforms 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.28% over the past year.
Measured over the past years, PBL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.28% on average per year.
PBL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.04%.
Measured over the past years, PBL shows a small growth in Revenue. The Revenue has been growing by 6.97% on average per year.
EPS 1Y (TTM)12.28%
EPS 3Y20.04%
EPS 5Y8.28%
EPS Q2Q%-114.63%
Revenue 1Y (TTM)7.04%
Revenue growth 3Y6.67%
Revenue growth 5Y6.97%
Sales Q2Q%2.59%
3.2 Future
Based on estimates for the next years, PBL will show a very strong growth in Earnings Per Share. The EPS will grow by 33.24% on average per year.
Based on estimates for the next years, PBL will show a small growth in Revenue. The Revenue will grow by 4.52% on average per year.
EPS Next Y53.28%
EPS Next 2Y33.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.49%
Revenue Next 2Y4.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
PBL is valuated correctly with a Price/Earnings ratio of 15.60.
PBL's Price/Earnings ratio is a bit cheaper when compared to the industry. PBL is cheaper than 70.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of PBL to the average of the S&P500 Index (27.85), we can say PBL is valued slightly cheaper.
A Price/Forward Earnings ratio of 10.18 indicates a reasonable valuation of PBL.
PBL's Price/Forward Earnings ratio is rather cheap when compared to the industry. PBL is cheaper than 90.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.77, PBL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 10.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PBL is valued a bit cheaper than 70.00% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as PBL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.12 | ||
| EV/EBITDA | 11.15 |
4.3 Compensation for Growth
PBL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PBL's earnings are expected to grow with 33.24% in the coming years.
PEG (NY)0.29
PEG (5Y)1.88
EPS Next 2Y33.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PBL has a Yearly Dividend Yield of 1.07%.
In the last 3 months the price of PBL has falen by -29.23%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 4.63, PBL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, PBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
The dividend of PBL has a limited annual growth rate of 4.80%.
PBL has paid a dividend for at least 10 years, which is a reliable track record.
PBL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.8%
Div Incr Years1
Div Non Decr Years13
5.3 Sustainability
14.59% of the earnings are spent on dividend by PBL. This is a low number and sustainable payout ratio.
The dividend of PBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.59%
EPS Next 2Y33.24%
EPS Next 3YN/A
TSX:PBL (5/1/2025, 7:00:00 PM)
19.97
-0.51 (-2.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners14.18%
Inst Owner ChangeN/A
Ins Owners64.24%
Ins Owner ChangeN/A
Market Cap540.19M
Analysts80
Price Target35.7 (78.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Yearly Dividend0.19
Dividend Growth(5Y)4.8%
DP14.59%
Div Incr Years1
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-32.9%
Min EPS beat(2)-112.64%
Max EPS beat(2)46.85%
EPS beat(4)2
Avg EPS beat(4)-2.61%
Min EPS beat(4)-112.64%
Max EPS beat(4)66.96%
EPS beat(8)5
Avg EPS beat(8)15.41%
EPS beat(12)7
Avg EPS beat(12)8.36%
EPS beat(16)9
Avg EPS beat(16)0.31%
Revenue beat(2)1
Avg Revenue beat(2)0.82%
Min Revenue beat(2)-5.62%
Max Revenue beat(2)7.27%
Revenue beat(4)2
Avg Revenue beat(4)-0.9%
Min Revenue beat(4)-6.58%
Max Revenue beat(4)7.27%
Revenue beat(8)5
Avg Revenue beat(8)-0.45%
Revenue beat(12)7
Avg Revenue beat(12)-0.87%
Revenue beat(16)8
Avg Revenue beat(16)-1.3%
PT rev (1m)-14.11%
PT rev (3m)-14.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.47%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-10.69%
Revenue NQ rev (1m)2.4%
Revenue NQ rev (3m)0.56%
Revenue NY rev (1m)-2.16%
Revenue NY rev (3m)-2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 10.18 | ||
| P/S | 0.97 | ||
| P/FCF | 27.12 | ||
| P/OCF | 7.31 | ||
| P/B | 1.62 | ||
| P/tB | 6.45 | ||
| EV/EBITDA | 11.15 |
EPS(TTM)1.28
EY6.41%
EPS(NY)1.96
Fwd EY9.82%
FCF(TTM)0.74
FCFY3.69%
OCF(TTM)2.73
OCFY13.68%
SpS20.6
BVpS12.35
TBVpS3.1
PEG (NY)0.29
PEG (5Y)1.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.53% | ||
| ROE | 10.53% | ||
| ROCE | 3.7% | ||
| ROIC | 2.8% | ||
| ROICexc | 2.93% | ||
| ROICexgc | 6.14% | ||
| OM | 3.33% | ||
| PM (TTM) | 6.32% | ||
| GM | 18.8% | ||
| FCFM | 3.58% |
ROA(3y)5.14%
ROA(5y)5.59%
ROE(3y)9.87%
ROE(5y)12.5%
ROIC(3y)2.12%
ROIC(5y)3.81%
ROICexc(3y)2.17%
ROICexc(5y)3.86%
ROICexgc(3y)4.59%
ROICexgc(5y)7.98%
ROCE(3y)2.8%
ROCE(5y)5.04%
ROICexcg growth 3Y-10.01%
ROICexcg growth 5Y-17.9%
ROICexc growth 3Y-8.14%
ROICexc growth 5Y-20.92%
OM growth 3Y-5.89%
OM growth 5Y-18.35%
PM growth 3Y13.76%
PM growth 5Y2.7%
GM growth 3Y-1.79%
GM growth 5Y-3.87%
F-Score5
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 8.46 | ||
| Debt/EBITDA | 2.6 | ||
| Cap/Depr | 122.02% | ||
| Cap/Sales | 9.69% | ||
| Interest Coverage | 1.9 | ||
| Cash Conversion | 117.69% | ||
| Profit Quality | 56.6% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.6 |
F-Score5
WACC7.61%
ROIC/WACC0.37
Cap/Depr(3y)95.92%
Cap/Depr(5y)90.31%
Cap/Sales(3y)7.96%
Cap/Sales(5y)7.44%
Profit Quality(3y)83.25%
Profit Quality(5y)93.5%
High Growth Momentum
Growth
EPS 1Y (TTM)12.28%
EPS 3Y20.04%
EPS 5Y8.28%
EPS Q2Q%-114.63%
EPS Next Y53.28%
EPS Next 2Y33.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.04%
Revenue growth 3Y6.67%
Revenue growth 5Y6.97%
Sales Q2Q%2.59%
Revenue Next Year5.49%
Revenue Next 2Y4.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y166.51%
EBIT growth 3Y0.39%
EBIT growth 5Y-12.66%
EBIT Next Year75.14%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-24.82%
FCF growth 3Y-2.82%
FCF growth 5Y41.52%
OCF growth 1Y14.4%
OCF growth 3Y9.34%
OCF growth 5Y20.33%