PARK CITY GROUP INC (PCYG)
US7002153044 - Common Stock
Taking everything into account, PCYG scores 7 out of 10 in our fundamental rating. PCYG was compared to 277 industry peers in the Software industry. Both the health and profitability get an excellent rating, making PCYG a very profitable company, without any liquidiy or solvency issues. PCYG is not valued too expensively and it also shows a decent growth rate. These ratings could make PCYG a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year PCYG was profitable.
PCYG had a positive operating cash flow in the past year.
Each year in the past 5 years PCYG has been profitable.
Each year in the past 5 years PCYG had a positive operating cash flow.
1.2 Ratios
PCYG has a Return On Assets of 9.89%. This is amongst the best in the industry. PCYG outperforms 92.83% of its industry peers.
With an excellent Return On Equity value of 10.91%, PCYG belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
PCYG's Return On Invested Capital of 8.68% is amongst the best of the industry. PCYG outperforms 88.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PCYG is below the industry average of 10.18%.
The last Return On Invested Capital (8.68%) for PCYG is above the 3 year average (6.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.89% | ||
| ROE | 10.91% | ||
| ROIC | 8.68% |
ROA(3y)7.74%
ROA(5y)6.28%
ROE(3y)8.9%
ROE(5y)7.35%
ROIC(3y)6.9%
ROIC(5y)5.91%
1.3 Margins
PCYG has a Profit Margin of 26.20%. This is amongst the best in the industry. PCYG outperforms 96.06% of its industry peers.
In the last couple of years the Profit Margin of PCYG has grown nicely.
With an excellent Operating Margin value of 26.65%, PCYG belongs to the best of the industry, outperforming 94.98% of the companies in the same industry.
PCYG's Operating Margin has improved in the last couple of years.
PCYG has a Gross Margin of 82.67%. This is amongst the best in the industry. PCYG outperforms 90.68% of its industry peers.
PCYG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.65% | ||
| PM (TTM) | 26.2% | ||
| GM | 82.67% |
OM growth 3Y53.39%
OM growth 5Y10.79%
PM growth 3Y73.23%
PM growth 5Y15.25%
GM growth 3Y8.31%
GM growth 5Y3.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PCYG is destroying value.
PCYG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PCYG has less shares outstanding
Compared to 1 year ago, PCYG has an improved debt to assets ratio.
2.2 Solvency
PCYG has an Altman-Z score of 23.54. This indicates that PCYG is financially healthy and has little risk of bankruptcy at the moment.
PCYG's Altman-Z score of 23.54 is amongst the best of the industry. PCYG outperforms 97.13% of its industry peers.
PCYG has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
The Debt to FCF ratio of PCYG (0.05) is better than 84.59% of its industry peers.
PCYG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
PCYG's Debt to Equity ratio of 0.00 is fine compared to the rest of the industry. PCYG outperforms 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 23.54 |
ROIC/WACC0.79
WACC10.97%
2.3 Liquidity
A Current Ratio of 6.44 indicates that PCYG has no problem at all paying its short term obligations.
PCYG has a Current ratio of 6.44. This is amongst the best in the industry. PCYG outperforms 89.25% of its industry peers.
PCYG has a Quick Ratio of 6.44. This indicates that PCYG is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 6.44, PCYG belongs to the best of the industry, outperforming 89.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.44 | ||
| Quick Ratio | 6.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 66.67% over the past year.
PCYG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
PCYG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.83%.
PCYG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.82% yearly.
EPS 1Y (TTM)66.67%
EPS 3Y71%
EPS 5Y14.87%
EPS growth Q2Q60%
Revenue 1Y (TTM)5.83%
Revenue growth 3Y-1.59%
Revenue growth 5Y-2.82%
Revenue growth Q2Q4.94%
3.2 Future
The Earnings Per Share is expected to grow by 22.76% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.24% on average over the next years. This is quite good.
EPS Next Y15.6%
EPS Next 2Y20.91%
EPS Next 3Y23.2%
EPS Next 5Y22.76%
Revenue Next Year6.46%
Revenue Next 2Y10.65%
Revenue Next 3Y12.08%
Revenue Next 5Y13.24%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 32.67, which means the current valuation is very expensive for PCYG.
Based on the Price/Earnings ratio, PCYG is valued a bit cheaper than the industry average as 74.91% of the companies are valued more expensively.
PCYG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 28.26, the valuation of PCYG can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PCYG indicates a somewhat cheap valuation: PCYG is cheaper than 73.48% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.24. PCYG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.67 | ||
| Fwd PE | 28.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PCYG is valued cheaper than 81.72% of the companies in the same industry.
82.80% of the companies in the same industry are more expensive than PCYG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.55 | ||
| EV/EBITDA | 25.26 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PCYG does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of PCYG may justify a higher PE ratio.
A more expensive valuation may be justified as PCYG's earnings are expected to grow with 23.20% in the coming years.
PEG (NY)2.09
PEG (5Y)2.2
EPS Next 2Y20.91%
EPS Next 3Y23.2%
5. Dividend
5.1 Amount
PCYG has a yearly dividend return of 0.61%, which is pretty low.
PCYG's Dividend Yield is rather good when compared to the industry average which is at 12.74. PCYG pays more dividend than 90.68% of the companies in the same industry.
With a Dividend Yield of 0.61, PCYG pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
The dividend of PCYG is nicely growing with an annual growth rate of 14.11%!
PCYG is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)14.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
28.28% of the earnings are spent on dividend by PCYG. This is a low number and sustainable payout ratio.
The dividend of PCYG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.28%
EPS Next 2Y20.91%
EPS Next 3Y23.2%
PARK CITY GROUP INC
NASDAQ:PCYG (11/1/2023, 8:00:00 PM)
After market: 10.21 +0.41 (+4.18%)9.8
+0.06 (+0.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap179.43M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
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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 | 32.67 | ||
| Fwd PE | 28.26 | ||
| 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)2.09
PEG (5Y)2.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.89% | ||
| ROE | 10.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.65% | ||
| PM (TTM) | 26.2% | ||
| GM | 82.67% | ||
| 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 Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.44 | ||
| Quick Ratio | 6.44 | ||
| 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)66.67%
EPS 3Y71%
EPS 5Y
EPS growth Q2Q
EPS Next Y15.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.83%
Revenue growth 3Y-1.59%
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