PERMIAN BASIN ROYALTY TRUST (PBT)
US7142361069
Overall PBT gets a fundamental rating of 5 out of 10. We evaluated PBT against 214 industry peers in the Oil, Gas & Consumable Fuels industry. PBT scores excellent on profitability, but there are some minor concerns on its financial health. PBT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PBT was profitable.
PBT had a positive operating cash flow in the past year.
PBT had positive earnings in each of the past 5 years.
Each year in the past 5 years PBT had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 446.03%, PBT belongs to the best of the industry, outperforming 98.59% of the companies in the same industry.
With an excellent Return On Equity value of 12633.08%, PBT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of PBT (1672.61%) is better than 99.53% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PBT is significantly above the industry average of 45.92%.
The 3 year average ROIC (1774.04%) for PBT is well above the current ROIC(1672.61%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 446.03% | ||
| ROE | 12633.08% | ||
| ROIC | 1672.61% |
ROA(3y)855.4%
ROA(5y)735.44%
ROE(3y)11611.6%
ROE(5y)8469.73%
ROIC(3y)1774.04%
ROIC(5y)1388.96%
1.3 Margins
Looking at the Profit Margin, with a value of 96.16%, PBT belongs to the top of the industry, outperforming 96.71% of the companies in the same industry.
In the last couple of years the Profit Margin of PBT has remained more or less at the same level.
Looking at the Operating Margin, with a value of 96.16%, PBT belongs to the top of the industry, outperforming 99.06% of the companies in the same industry.
In the last couple of years the Operating Margin of PBT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 96.16% | ||
| PM (TTM) | 96.16% | ||
| GM | N/A |
OM growth 3Y1.61%
OM growth 5Y0.04%
PM growth 3Y1.61%
PM growth 5Y0.04%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, PBT has about the same amount of shares outstanding.
The number of shares outstanding for PBT remains at a similar level compared to 5 years ago.
PBT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
PBT 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 | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.22 indicates that PBT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.22, PBT is in line with its industry, outperforming 52.11% of the companies in the same industry.
PBT has a Quick Ratio of 1.22. This is a normal value and indicates that PBT is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.22, PBT is doing good in the industry, outperforming 63.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
PBT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -47.75%.
PBT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.88% yearly.
Looking at the last year, PBT shows a very negative growth in Revenue. The Revenue has decreased by -46.58% in the last year.
The Revenue has been decreasing by -1.95% on average over the past years.
EPS 1Y (TTM)-47.75%
EPS 3Y35.74%
EPS 5Y-1.88%
EPS growth Q2Q-6.41%
Revenue 1Y (TTM)-46.58%
Revenue growth 3Y34.34%
Revenue growth 5Y-1.95%
Revenue growth Q2Q-6.37%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
PBT is valuated rather expensively with a Price/Earnings ratio of 20.33.
73.24% of the companies in the same industry are cheaper than PBT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 24.92, PBT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.33 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PBT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PBT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.90%, PBT has a reasonable but not impressive dividend return.
PBT's Dividend Yield is comparable with the industry average which is at 5.78.
PBT's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
5.2 History
The dividend of PBT decreases each year by -1.90%.
PBT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-1.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
100.00% of the earnings are spent on dividend by PBT. This is not a sustainable payout ratio.
The Dividend Rate of PBT has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP100%
EPS Next 2YN/A
EPS Next 3YN/A
PERMIAN BASIN ROYALTY TRUST
NYSE:PBT (4/26/2024, 7:09:00 PM)
12.2
+0.19 (+1.58%)
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 Cap568.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
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)
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EPS beat(4)
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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)
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Min Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 20.33 | ||
| Fwd PE | N/A | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 446.03% | ||
| ROE | 12633.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 96.16% | ||
| PM (TTM) | 96.16% | ||
| GM | N/A | ||
| 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 Turnover4.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| 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)-47.75%
EPS 3Y35.74%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-46.58%
Revenue growth 3Y34.34%
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