PAGERDUTY INC (PD) Stock Fundamental Analysis
NYSE:PD - New York Stock Exchange, Inc. - US69553P1003 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to PD. PD was compared to 282 industry peers in the Software industry. PD has a bad profitability rating. Also its financial health evaluation is rather negative. PD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PD was profitable.
In the past year PD had a positive cash flow from operations.
PD had negative earnings in each of the past 5 years.
Of the past 5 years PD 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PD (-5.87%) is comparable to the rest of the industry.
PD's Return On Equity of -41.95% is on the low side compared to the rest of the industry. PD is outperformed by 65.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.87% | ||
| ROE | -41.95% | ||
| ROIC | N/A |
ROA(3y)-10.14%
ROA(5y)-10.48%
ROE(3y)-47.62%
ROE(5y)-40.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 82.96%, PD belongs to the top of the industry, outperforming 90.78% of the companies in the same industry.
In the last couple of years the Gross Margin of PD has remained more or less at the same level.
PD 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 | 82.96% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.06%
GM growth 5Y-0.54%
2. Health
2.1 Basic Checks
PD does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PD has less shares outstanding
Compared to 5 years ago, PD has more shares outstanding
PD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that PD is in the distress zone and has some risk of bankruptcy.
PD has a Altman-Z score of 0.85. This is in the lower half of the industry: PD underperforms 65.25% of its industry peers.
The Debt to FCF ratio of PD is 4.16, which is a neutral value as it means it would take PD, 4.16 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.16, PD is doing good in the industry, outperforming 60.28% of the companies in the same industry.
A Debt/Equity ratio of 3.03 is on the high side and indicates that PD has dependencies on debt financing.
With a Debt to Equity ratio value of 3.03, PD is not doing good in the industry: 81.91% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.03 | ||
| Debt/FCF | 4.16 | ||
| Altman-Z | 0.85 |
ROIC/WACCN/A
WACC9.64%
2.3 Liquidity
PD has a Current Ratio of 1.93. This is a normal value and indicates that PD is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of PD (1.93) is better than 60.28% of its industry peers.
PD has a Quick Ratio of 1.93. This is a normal value and indicates that PD is financially healthy and should not expect problems in meeting its short term obligations.
PD has a better Quick ratio (1.93) than 60.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
PD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.32%, which is quite impressive.
Looking at the last year, PD shows a quite strong growth in Revenue. The Revenue has grown by 8.56% in the last year.
The Revenue has been growing by 22.95% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)24.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41.18%
Revenue 1Y (TTM)8.56%
Revenue growth 3Y18.44%
Revenue growth 5Y22.95%
Sales Q2Q%7.77%
3.2 Future
The Earnings Per Share is expected to grow by 16.80% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.60% on average over the next years.
EPS Next Y20.21%
EPS Next 2Y17.02%
EPS Next 3Y16.8%
EPS Next 5YN/A
Revenue Next Year6.68%
Revenue Next 2Y7.04%
Revenue Next 3Y6.6%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PD is valuated correctly with a Price/Earnings ratio of 15.89.
Compared to the rest of the industry, the Price/Earnings ratio of PD indicates a rather cheap valuation: PD is cheaper than 86.17% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PD to the average of the S&P500 Index (27.50), we can say PD is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.56 indicates a correct valuation of PD.
PD's Price/Forward Earnings ratio is rather cheap when compared to the industry. PD is cheaper than 89.36% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.44. PD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.89 | ||
| Fwd PE | 12.56 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PD indicates a rather cheap valuation: PD is cheaper than 92.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.43 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PD's earnings are expected to grow with 16.80% in the coming years.
PEG (NY)0.79
PEG (5Y)N/A
EPS Next 2Y17.02%
EPS Next 3Y16.8%
5. Dividend
5.1 Amount
PD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
14.62
-0.03 (-0.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners93.33%
Inst Owner Change0%
Ins Owners4.54%
Ins Owner Change8.65%
Market Cap1.35B
Analysts74
Price Target18.87 (29.07%)
Short Float %9.9%
Short Ratio6.09
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)39.15%
Min EPS beat(2)32.22%
Max EPS beat(2)46.08%
EPS beat(4)4
Avg EPS beat(4)32.75%
Min EPS beat(4)21.72%
Max EPS beat(4)46.08%
EPS beat(8)8
Avg EPS beat(8)49.23%
EPS beat(12)12
Avg EPS beat(12)78.04%
EPS beat(16)16
Avg EPS beat(16)64.18%
Revenue beat(2)0
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-1.55%
Max Revenue beat(2)-0.89%
Revenue beat(4)0
Avg Revenue beat(4)-2.24%
Min Revenue beat(4)-3.36%
Max Revenue beat(4)-0.89%
Revenue beat(8)1
Avg Revenue beat(8)-1.9%
Revenue beat(12)2
Avg Revenue beat(12)-1.47%
Revenue beat(16)3
Avg Revenue beat(16)-1.15%
PT rev (1m)0%
PT rev (3m)-10.75%
EPS NQ rev (1m)1.48%
EPS NQ rev (3m)1.48%
EPS NY rev (1m)6.23%
EPS NY rev (3m)6.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.89 | ||
| Fwd PE | 12.56 | ||
| P/S | 2.88 | ||
| P/FCF | 12.43 | ||
| P/OCF | 11.43 | ||
| P/B | 10.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.92
EY6.29%
EPS(NY)1.16
Fwd EY7.96%
FCF(TTM)1.18
FCFY8.05%
OCF(TTM)1.28
OCFY8.75%
SpS5.07
BVpS1.41
TBVpS-0.31
PEG (NY)0.79
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.87% | ||
| ROE | -41.95% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 82.96% | ||
| FCFM | 23.19% |
ROA(3y)-10.14%
ROA(5y)-10.48%
ROE(3y)-47.62%
ROE(5y)-40.38%
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 3Y0.06%
GM growth 5Y-0.54%
F-Score7
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.03 | ||
| Debt/FCF | 4.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 46% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z | 0.85 |
F-Score7
WACC9.64%
ROIC/WACCN/A
Cap/Depr(3y)47.55%
Cap/Depr(5y)63.23%
Cap/Sales(3y)2.19%
Cap/Sales(5y)2.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41.18%
EPS Next Y20.21%
EPS Next 2Y17.02%
EPS Next 3Y16.8%
EPS Next 5YN/A
Revenue 1Y (TTM)8.56%
Revenue growth 3Y18.44%
Revenue growth 5Y22.95%
Sales Q2Q%7.77%
Revenue Next Year6.68%
Revenue Next 2Y7.04%
Revenue Next 3Y6.6%
Revenue Next 5YN/A
EBIT growth 1Y32.89%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year54.96%
EBIT Next 3Y24.41%
EBIT Next 5YN/A
FCF growth 1Y68.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y63.8%
OCF growth 3YN/A
OCF growth 5YN/A