PROCORE TECHNOLOGIES INC (PCOR) Stock Fundamental Analysis
USA - NYSE:PCOR - US74275K1088 - Common Stock
69.6 USD
-1 (-1.42%)
69.6 USD
0 (0%)
Taking everything into account, PCOR scores 4 out of 10 in our fundamental rating. PCOR was compared to 280 industry peers in the Software industry. While PCOR seems to be doing ok healthwise, there are quite some concerns on its profitability. PCOR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PCOR was profitable.
PCOR had a positive operating cash flow in the past year.
In the past 5 years PCOR always reported negative net income.
In the past 5 years PCOR always reported a positive cash flow from operatings.
1.2 Ratios
PCOR has a Return On Assets (-7.12%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -11.72%, PCOR is in line with its industry, outperforming 47.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.12% | ||
| ROE | -11.72% | ||
| ROIC | N/A |
ROA(3y)-10.51%
ROA(5y)-11.86%
ROE(3y)-16.78%
ROE(5y)-18.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PCOR's Gross Margin of 80.17% is amongst the best of the industry. PCOR outperforms 82.14% of its industry peers.
PCOR's Gross Margin has been stable in the last couple of years.
PCOR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 80.17% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.52%
GM growth 5Y0.14%
2. Health
2.1 Basic Checks
PCOR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PCOR has more shares outstanding
PCOR has more shares outstanding than it did 5 years ago.
PCOR has a better debt/assets ratio than last year.
2.2 Solvency
PCOR has an Altman-Z score of 7.65. This indicates that PCOR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PCOR (7.65) is better than 80.36% of its industry peers.
PCOR has a debt to FCF ratio of 0.38. This is a very positive value and a sign of high solvency as it would only need 0.38 years to pay back of all of its debts.
PCOR has a Debt to FCF ratio of 0.38. This is in the better half of the industry: PCOR outperforms 79.29% of its industry peers.
PCOR has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
PCOR has a better Debt to Equity ratio (0.02) than 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.38 | ||
| Altman-Z | 7.65 |
ROIC/WACCN/A
WACC11.15%
2.3 Liquidity
A Current Ratio of 1.29 indicates that PCOR should not have too much problems paying its short term obligations.
PCOR has a Current ratio of 1.29. This is comparable to the rest of the industry: PCOR outperforms 42.14% of its industry peers.
PCOR has a Quick Ratio of 1.29. This is a normal value and indicates that PCOR is financially healthy and should not expect problems in meeting its short term obligations.
PCOR's Quick ratio of 1.29 is in line compared to the rest of the industry. PCOR outperforms 43.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The earnings per share for PCOR have decreased strongly by -12.63% in the last year.
The Revenue has grown by 16.08% in the past year. This is quite good.
Measured over the past years, PCOR shows a very strong growth in Revenue. The Revenue has been growing by 31.83% on average per year.
EPS 1Y (TTM)-12.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.26%
Revenue 1Y (TTM)16.08%
Revenue growth 3Y30.79%
Revenue growth 5Y31.83%
Sales Q2Q%13.92%
3.2 Future
Based on estimates for the next years, PCOR will show a very strong growth in Earnings Per Share. The EPS will grow by 33.07% on average per year.
The Revenue is expected to grow by 14.19% on average over the next years. This is quite good.
EPS Next Y38.41%
EPS Next 2Y34.27%
EPS Next 3Y33.07%
EPS Next 5YN/A
Revenue Next Year13.7%
Revenue Next 2Y13.21%
Revenue Next 3Y13.99%
Revenue Next 5Y14.19%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 83.86 indicates a quite expensive valuation of PCOR.
PCOR's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.30, PCOR is valued quite expensively.
Based on the Price/Forward Earnings ratio of 41.07, the valuation of PCOR can be described as expensive.
PCOR's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, PCOR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.86 | ||
| Fwd PE | 41.07 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as PCOR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 135.56 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PCOR's earnings are expected to grow with 33.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.18
PEG (5Y)N/A
EPS Next 2Y34.27%
EPS Next 3Y33.07%
5. Dividend
5.1 Amount
No dividends for PCOR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
69.6
-1 (-1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners95.62%
Inst Owner Change-2.53%
Ins Owners8.9%
Ins Owner Change1.22%
Market Cap10.45B
Analysts77.24
Price Target82.86 (19.05%)
Short Float %8.11%
Short Ratio6.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.54%
Min EPS beat(2)23.64%
Max EPS beat(2)31.45%
EPS beat(4)3
Avg EPS beat(4)-7.25%
Min EPS beat(4)-91.52%
Max EPS beat(4)31.45%
EPS beat(8)7
Avg EPS beat(8)63.01%
EPS beat(12)11
Avg EPS beat(12)68.81%
EPS beat(16)14
Avg EPS beat(16)54.52%
Revenue beat(2)2
Avg Revenue beat(2)1.14%
Min Revenue beat(2)0.63%
Max Revenue beat(2)1.65%
Revenue beat(4)3
Avg Revenue beat(4)0.65%
Min Revenue beat(4)-0.56%
Max Revenue beat(4)1.65%
Revenue beat(8)7
Avg Revenue beat(8)1.37%
Revenue beat(12)11
Avg Revenue beat(12)2.11%
Revenue beat(16)15
Avg Revenue beat(16)2.52%
PT rev (1m)0.48%
PT rev (3m)5.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.82%
EPS NY rev (1m)6.73%
EPS NY rev (3m)6.05%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.52%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.86 | ||
| Fwd PE | 41.07 | ||
| P/S | 8.48 | ||
| P/FCF | 135.56 | ||
| P/OCF | 63.28 | ||
| P/B | 8.59 | ||
| P/tB | 26.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.83
EY1.19%
EPS(NY)1.69
Fwd EY2.43%
FCF(TTM)0.51
FCFY0.74%
OCF(TTM)1.1
OCFY1.58%
SpS8.21
BVpS8.11
TBVpS2.6
PEG (NY)2.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.12% | ||
| ROE | -11.72% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 80.17% | ||
| FCFM | 6.26% |
ROA(3y)-10.51%
ROA(5y)-11.86%
ROE(3y)-16.78%
ROE(5y)-18.88%
ROIC(3y)N/A
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.52%
GM growth 5Y0.14%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 85.55% | ||
| Cap/Sales | 7.15% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 7.65 |
F-Score5
WACC11.15%
ROIC/WACCN/A
Cap/Depr(3y)77.64%
Cap/Depr(5y)76.37%
Cap/Sales(3y)6.24%
Cap/Sales(5y)5.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.26%
EPS Next Y38.41%
EPS Next 2Y34.27%
EPS Next 3Y33.07%
EPS Next 5YN/A
Revenue 1Y (TTM)16.08%
Revenue growth 3Y30.79%
Revenue growth 5Y31.83%
Sales Q2Q%13.92%
Revenue Next Year13.7%
Revenue Next 2Y13.21%
Revenue Next 3Y13.99%
Revenue Next 5Y14.19%
EBIT growth 1Y-46.16%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year98.07%
EBIT Next 3Y50.54%
EBIT Next 5YN/A
FCF growth 1Y6974.59%
FCF growth 3Y138.66%
FCF growth 5YN/A
OCF growth 1Y252.36%
OCF growth 3Y74.8%
OCF growth 5YN/A