PARK CITY GROUP INC (PCYG) Stock Fundamental Analysis
NASDAQ:PCYG - US7002153044 - Common Stock
9.8 USD
+0.06 (+0.62%)
10.21 USD
+0.41 (+4.18%)
PCYG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 280 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. This makes PCYG very considerable 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.
In the past 5 years PCYG has always been profitable.
Each year in the past 5 years PCYG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.89%, PCYG belongs to the top of the industry, outperforming 92.83% of the companies in the same industry.
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.
The Average Return On Invested Capital over the past 3 years for PCYG is significantly below the industry average of 12.00%.
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 better Profit Margin (26.20%) than 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.
PCYG's Operating Margin has improved in the last couple of years.
The Gross Margin of PCYG (82.67%) is better 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PCYG is destroying value.
The number of shares outstanding for PCYG has been reduced compared to 1 year ago.
PCYG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PCYG has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 23.54 indicates that PCYG is not in any danger for 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.
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.
Looking at the Current ratio, with a value of 6.44, PCYG belongs to the top of the industry, outperforming 89.25% of the companies in the same industry.
A Quick Ratio of 6.44 indicates that PCYG has no problem at all paying its short term obligations.
PCYG's Quick ratio of 6.44 is amongst the best of the industry. PCYG outperforms 89.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.44 | ||
| Quick Ratio | 6.44 |
3. Growth
3.1 Past
PCYG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.67%, which is quite impressive.
The Earnings Per Share has been growing by 14.87% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.83% in the past year.
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 Q2Q%60%
Revenue 1Y (TTM)5.83%
Revenue growth 3Y-1.59%
Revenue growth 5Y-2.82%
Sales Q2Q%4.94%
3.2 Future
Based on estimates for the next years, PCYG will show a very strong growth in Earnings Per Share. The EPS will grow by 22.76% on average per year.
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
PCYG is valuated quite expensively with a Price/Earnings ratio of 32.67.
Compared to the rest of the industry, the Price/Earnings ratio of PCYG indicates a somewhat cheap valuation: PCYG is cheaper than 74.91% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PCYG to the average of the S&P500 Index (27.03), we can say PCYG is valued slightly more expensively.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.63, PCYG is valued a bit more expensive.
| 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 cheaply inside the industry as 81.72% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PCYG is valued cheaply inside the industry as 82.80% of the companies are valued more expensively.
| 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.
PCYG's earnings are expected to grow with 23.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.09
PEG (5Y)2.2
EPS Next 2Y20.91%
EPS Next 3Y23.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.61%, PCYG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 59.44, PCYG pays a better dividend. On top of this PCYG pays more dividend than 90.68% of the companies listed in the same industry.
With a Dividend Yield of 0.61, PCYG pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
On average, the dividend of PCYG grows each year by 14.11%, which is quite nice.
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%
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 Change4.79%
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%