PARK CITY GROUP INC (PCYG) Stock Fundamental Analysis
NASDAQ:PCYG - Nasdaq - US7002153044 - Common Stock - Currency: USD
Taking everything into account, PCYG scores 7 out of 10 in our fundamental rating. PCYG was compared to 283 industry peers in the Software industry. PCYG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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.
In the past year PCYG had a positive cash flow from operations.
In the past 5 years PCYG has always been profitable.
PCYG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PCYG has a better Return On Assets (9.89%) than 92.83% of its industry peers.
PCYG's Return On Equity of 10.91% is amongst the best of the industry. PCYG outperforms 88.89% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.68%, PCYG belongs to the top of the industry, outperforming 88.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PCYG is significantly below the industry average of 12.42%.
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.
Looking at the Operating Margin, with a value of 26.65%, PCYG belongs to the top of the industry, outperforming 94.98% of the companies in the same industry.
In the last couple of years the Operating Margin of PCYG has grown nicely.
PCYG has a better Gross Margin (82.67%) than 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
PCYG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PCYG has less shares outstanding than it did 1 year ago.
PCYG has less shares outstanding than it did 5 years ago.
PCYG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 23.54 indicates that PCYG is not in any danger for bankruptcy at the moment.
The Altman-Z score of PCYG (23.54) is better than 97.13% of its industry peers.
The Debt to FCF ratio of PCYG is 0.05, which is an excellent value as it means it would take PCYG, only 0.05 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PCYG (0.05) is better than 84.59% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that PCYG is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.00, PCYG is doing good in the industry, outperforming 64.52% of the companies in the same industry.
| 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.
The Quick ratio of PCYG (6.44) is better than 89.25% of its industry peers.
| 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.
Measured over the past years, PCYG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
Looking at the last year, PCYG shows a small growth in Revenue. The Revenue has grown by 5.83% in the last year.
The Revenue has been decreasing by -2.82% on average over the past years.
EPS 1Y (TTM)66.67%
EPS 3Y71%
EPS 5Y14.87%
EPS Q2Q%60%
Revenue 1Y (TTM)5.83%
Revenue growth 3Y-1.59%
Revenue growth 5Y-2.82%
Sales Q2Q%4.94%
3.2 Future
PCYG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.76% yearly.
PCYG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.24% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 32.67, PCYG can be considered very expensive at the moment.
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.
The average S&P500 Price/Earnings ratio is at 26.68. PCYG is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 28.26 indicates a quite expensive valuation of PCYG.
PCYG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PCYG is cheaper than 73.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.50, PCYG is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.67 | ||
| Fwd PE | 28.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCYG indicates a rather cheap valuation: PCYG is cheaper than 81.72% of the companies listed in the same industry.
PCYG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PCYG is cheaper than 82.80% of the companies in the same industry.
| 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 an expensive valuation of the company.
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.
Compared to an average industry Dividend Yield of 14.23, PCYG pays a better dividend. On top of this PCYG pays more dividend than 90.68% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, PCYG's dividend is way lower than the S&P500 average.
| 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 does not have a reliable dividend history as it only pays dividend since a couple or years.
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.
PCYG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.28%
EPS Next 2Y20.91%
EPS Next 3Y23.2%
9.8
+0.06 (+0.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners33.82%
Inst Owner Change2.24%
Ins Owners3.03%
Ins Owner Change0%
Market Cap179.43M
Analysts82.86
Price Target11.22 (14.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend0.08
Dividend Growth(5Y)14.11%
DP28.28%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.05%
Min EPS beat(2)12.04%
Max EPS beat(2)26.05%
EPS beat(4)3
Avg EPS beat(4)12.63%
Min EPS beat(4)-1.96%
Max EPS beat(4)26.05%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-1.17%
Min Revenue beat(2)-1.38%
Max Revenue beat(2)-0.96%
Revenue beat(4)2
Avg Revenue beat(4)2.47%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)11.15%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.5%
EPS NY rev (1m)-2.86%
EPS NY rev (3m)-2.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.95%
Revenue NY rev (1m)-5.37%
Revenue NY rev (3m)-5.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.67 | ||
| Fwd PE | 28.26 | ||
| P/S | 9.39 | ||
| P/FCF | 22.55 | ||
| P/OCF | 20.25 | ||
| P/B | 3.91 | ||
| P/tB | 7.46 | ||
| EV/EBITDA | 25.26 |
EPS(TTM)0.3
EY3.06%
EPS(NY)0.35
Fwd EY3.54%
FCF(TTM)0.43
FCFY4.43%
OCF(TTM)0.48
OCFY4.94%
SpS1.04
BVpS2.51
TBVpS1.31
PEG (NY)2.09
PEG (5Y)2.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.89% | ||
| ROE | 10.91% | ||
| ROCE | 10.98% | ||
| ROIC | 8.68% | ||
| ROICexc | 17.99% | ||
| ROICexgc | 780.64% | ||
| OM | 26.65% | ||
| PM (TTM) | 26.2% | ||
| GM | 82.67% | ||
| FCFM | 41.66% |
ROA(3y)7.74%
ROA(5y)6.28%
ROE(3y)8.9%
ROE(5y)7.35%
ROIC(3y)6.9%
ROIC(5y)5.91%
ROICexc(3y)13.52%
ROICexc(5y)11.01%
ROICexgc(3y)311.96%
ROICexgc(5y)197.85%
ROCE(3y)9.17%
ROCE(5y)7.98%
ROICexcg growth 3Y264.78%
ROICexcg growth 5Y84.76%
ROICexc growth 3Y64.3%
ROICexc growth 5Y13.9%
OM growth 3Y53.39%
OM growth 5Y10.79%
PM growth 3Y73.23%
PM growth 5Y15.25%
GM growth 3Y8.31%
GM growth 5Y3.35%
F-Score8
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 83.64% | ||
| Cap/Sales | 4.73% | ||
| Interest Coverage | 86.16 | ||
| Cash Conversion | 143.59% | ||
| Profit Quality | 159.01% | ||
| Current Ratio | 6.44 | ||
| Quick Ratio | 6.44 | ||
| Altman-Z | 23.54 |
F-Score8
WACC10.97%
ROIC/WACC0.79
Cap/Depr(3y)40.24%
Cap/Depr(5y)88.73%
Cap/Sales(3y)2.18%
Cap/Sales(5y)3.32%
Profit Quality(3y)160.02%
Profit Quality(5y)185.17%
High Growth Momentum
Growth
EPS 1Y (TTM)66.67%
EPS 3Y71%
EPS 5Y14.87%
EPS Q2Q%60%
EPS Next Y15.6%
EPS Next 2Y20.91%
EPS Next 3Y23.2%
EPS Next 5Y22.76%
Revenue 1Y (TTM)5.83%
Revenue growth 3Y-1.59%
Revenue growth 5Y-2.82%
Sales Q2Q%4.94%
Revenue Next Year6.46%
Revenue Next 2Y10.65%
Revenue Next 3Y12.08%
Revenue Next 5Y13.24%
EBIT growth 1Y15.31%
EBIT growth 3Y50.95%
EBIT growth 5Y7.66%
EBIT Next Year36.61%
EBIT Next 3Y27.55%
EBIT Next 5Y24.27%
FCF growth 1Y31.5%
FCF growth 3Y30.87%
FCF growth 5Y33.74%
OCF growth 1Y45.21%
OCF growth 3Y28.25%
OCF growth 5Y32.37%