PURE CYCLE CORP (PCYO)
US7462283034 - Common Stock
PCYO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Water Utilities industry. Both the profitability and the financial health of PCYO get a neutral evaluation. Nothing too spectacular is happening here. PCYO has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
PCYO had positive earnings in the past year.
In the past year PCYO had a positive cash flow from operations.
PCYO had positive earnings in each of the past 5 years.
Of the past 5 years PCYO 4 years had a positive operating cash flow.
1.2 Ratios
PCYO has a Return On Assets of 4.84%. This is in the better half of the industry: PCYO outperforms 78.57% of its industry peers.
PCYO's Return On Equity of 5.43% is on the low side compared to the rest of the industry. PCYO is outperformed by 71.43% of its industry peers.
PCYO's Return On Invested Capital of 3.05% is in line compared to the rest of the industry. PCYO outperforms 50.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PCYO is in line with the industry average of 5.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 5.43% | ||
| ROIC | 3.05% |
ROA(3y)9.38%
ROA(5y)8.28%
ROE(3y)10.69%
ROE(5y)9.35%
ROIC(3y)3.83%
ROIC(5y)3.43%
1.3 Margins
PCYO has a better Profit Margin (34.72%) than 100.00% of its industry peers.
PCYO's Profit Margin has improved in the last couple of years.
The Operating Margin of PCYO (27.53%) is better than 64.29% of its industry peers.
PCYO's Operating Margin has improved in the last couple of years.
PCYO's Gross Margin of 61.29% is fine compared to the rest of the industry. PCYO outperforms 71.43% of its industry peers.
In the last couple of years the Gross Margin of PCYO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.53% | ||
| PM (TTM) | 34.72% | ||
| GM | 61.29% |
OM growth 3Y7.66%
OM growth 5YN/A
PM growth 3Y7.26%
PM growth 5Y40.47%
GM growth 3Y23.64%
GM growth 5Y6.5%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PCYO is destroying value.
The number of shares outstanding for PCYO has been increased compared to 1 year ago.
The number of shares outstanding for PCYO has been increased compared to 5 years ago.
Compared to 1 year ago, PCYO has a worse debt to assets ratio.
2.2 Solvency
PCYO has an Altman-Z score of 9.16. This indicates that PCYO is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PCYO (9.16) is better than 92.86% of its industry peers.
PCYO has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.06, PCYO belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 9.16 |
ROIC/WACC0.33
WACC9.17%
2.3 Liquidity
A Current Ratio of 4.10 indicates that PCYO has no problem at all paying its short term obligations.
PCYO has a better Current ratio (4.10) than 92.86% of its industry peers.
A Quick Ratio of 3.56 indicates that PCYO has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.56, PCYO belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.1 | ||
| Quick Ratio | 3.56 |
3. Growth
3.1 Past
The earnings per share for PCYO have decreased by -3.44% in the last year.
PCYO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 56.87% yearly.
The Revenue has been growing slightly by 2.41% in the past year.
Measured over the past years, PCYO shows a quite strong growth in Revenue. The Revenue has been growing by 15.95% on average per year.
EPS 1Y (TTM)-3.44%
EPS 3Y-12.12%
EPS 5Y56.87%
EPS growth Q2Q-100%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y-17.37%
Revenue growth 5Y15.95%
Revenue growth Q2Q6.92%
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
A Price/Earnings ratio of 35.19 indicates a quite expensive valuation of PCYO.
64.29% of the companies in the same industry are cheaper than PCYO, based on the Price/Earnings ratio.
PCYO's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.19 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCYO indicates a slightly more expensive valuation: PCYO is more expensive than 78.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 29.57 |
4.3 Compensation for Growth
PCYO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PCYO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PURE CYCLE CORP
NASDAQ:PCYO (4/26/2024, 7:09:14 PM)
After market: 9.5 0 (0%)9.5
+0.01 (+0.11%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap228.85M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
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)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 35.19 | ||
| 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)0.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 5.43% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.53% | ||
| PM (TTM) | 34.72% | ||
| GM | 61.29% | ||
| 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 Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.1 | ||
| Quick Ratio | 3.56 | ||
| 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)-3.44%
EPS 3Y-12.12%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.41%
Revenue growth 3Y-17.37%
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