PIEDMONT REALTY TRUST INC (PDM) Stock Fundamental Analysis
USA - NYSE:PDM - US7201902068 - REIT
8.31 USD
+0.09 (+1.09%)
8.31 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to PDM. PDM was compared to 128 industry peers in the Diversified REITs industry. PDM may be in some trouble as it scores bad on both profitability and health. PDM is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PDM had negative earnings in the past year.
In the past year PDM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PDM reported negative net income in multiple years.
PDM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of PDM (-1.76%) is worse than 71.09% of its industry peers.
PDM has a Return On Equity of -4.58%. This is in the lower half of the industry: PDM underperforms 67.19% of its industry peers.
With a Return On Invested Capital value of 1.65%, PDM is not doing good in the industry: 74.22% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for PDM is in line with the industry average of 3.04%.
The 3 year average ROIC (1.61%) for PDM is below the current ROIC(1.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.76% | ||
| ROE | -4.58% | ||
| ROIC | 1.65% |
ROA(3y)0.16%
ROA(5y)1.33%
ROE(3y)0.05%
ROE(5y)2.47%
ROIC(3y)1.61%
ROIC(5y)1.69%
1.3 Margins
PDM's Operating Margin of 14.29% is on the low side compared to the rest of the industry. PDM is outperformed by 68.75% of its industry peers.
In the last couple of years the Operating Margin of PDM has declined.
With a Gross Margin value of 59.67%, PDM is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of PDM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.29% | ||
| PM (TTM) | N/A | ||
| GM | 59.67% |
OM growth 3Y-3.24%
OM growth 5Y-6.67%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.64%
GM growth 5Y-0.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PDM is destroying value.
Compared to 1 year ago, PDM has more shares outstanding
Compared to 5 years ago, PDM has less shares outstanding
PDM has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.27, we must say that PDM is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PDM (-0.27) is worse than 78.13% of its industry peers.
A Debt/Equity ratio of 1.43 is on the high side and indicates that PDM has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.43, PDM is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.27 |
ROIC/WACC0.25
WACC6.49%
2.3 Liquidity
PDM has a Current Ratio of 1.83. This is a normal value and indicates that PDM is financially healthy and should not expect problems in meeting its short term obligations.
PDM has a Current ratio of 1.83. This is in the better half of the industry: PDM outperforms 78.13% of its industry peers.
PDM has a Quick Ratio of 1.83. This is a normal value and indicates that PDM is financially healthy and should not expect problems in meeting its short term obligations.
PDM's Quick ratio of 1.83 is fine compared to the rest of the industry. PDM outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.52% over the past year.
Looking at the last year, PDM shows a decrease in Revenue. The Revenue has decreased by -1.23% in the last year.
Measured over the past years, PDM shows a small growth in Revenue. The Revenue has been growing by 1.36% on average per year.
EPS 1Y (TTM)14.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.22%
Revenue 1Y (TTM)-1.23%
Revenue growth 3Y2.56%
Revenue growth 5Y1.36%
Sales Q2Q%-0.09%
3.2 Future
PDM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.71% yearly.
PDM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.76% yearly.
EPS Next Y48.64%
EPS Next 2Y37.12%
EPS Next 3Y26.71%
EPS Next 5YN/A
Revenue Next Year-0.94%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.76%
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
The Price/Earnings Ratio is negative for PDM. In the last year negative earnings were reported.
Also next year PDM is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PDM is valued cheaply inside the industry as 80.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.63 |
4.3 Compensation for Growth
PDM's earnings are expected to grow with 26.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.12%
EPS Next 3Y26.71%
5. Dividend
5.1 Amount
PDM has a Yearly Dividend Yield of 3.01%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.31, PDM is paying slightly less dividend.
PDM's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
The dividend of PDM decreases each year by -9.98%.
PDM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-9.98%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of PDM are negative and hence is the payout ratio. PDM will probably not be able to sustain this dividend level.
DP-44.17%
EPS Next 2Y37.12%
EPS Next 3Y26.71%
8.31
+0.09 (+1.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.17%
Inst Owner Change-1.24%
Ins Owners0.84%
Ins Owner Change0.49%
Market Cap1.03B
Revenue(TTM)565.37M
Net Income(TTM)-70.35M
Analysts74.29
Price Target9.18 (10.47%)
Short Float %2.5%
Short Ratio3.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend0.5
Dividend Growth(5Y)-9.98%
DP-44.17%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-147.52%
Min EPS beat(2)-177.23%
Max EPS beat(2)-117.82%
EPS beat(4)0
Avg EPS beat(4)-217.07%
Min EPS beat(4)-560.07%
Max EPS beat(4)-13.15%
EPS beat(8)0
Avg EPS beat(8)-273.19%
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)-1.61%
Min Revenue beat(2)-2.18%
Max Revenue beat(2)-1.04%
Revenue beat(4)0
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)-0.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.08%
Revenue beat(12)2
Avg Revenue beat(12)-1.19%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-33.33%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)-57.89%
EPS NY rev (3m)-76.47%
Revenue NQ rev (1m)-0.71%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.83 | ||
| P/FCF | N/A | ||
| P/OCF | 6.69 | ||
| P/B | 0.67 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)-0.53
EYN/A
EPS(NY)-0.07
Fwd EYN/A
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)1.24
OCFY14.95%
SpS4.54
BVpS12.33
TBVpS11.52
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.76% | ||
| ROE | -4.58% | ||
| ROCE | 2.09% | ||
| ROIC | 1.65% | ||
| ROICexc | 1.65% | ||
| ROICexgc | 1.7% | ||
| OM | 14.29% | ||
| PM (TTM) | N/A | ||
| GM | 59.67% | ||
| FCFM | N/A |
ROA(3y)0.16%
ROA(5y)1.33%
ROE(3y)0.05%
ROE(5y)2.47%
ROIC(3y)1.61%
ROIC(5y)1.69%
ROICexc(3y)1.63%
ROICexc(5y)1.7%
ROICexgc(3y)1.69%
ROICexgc(5y)1.78%
ROCE(3y)2.03%
ROCE(5y)2.14%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y-8.36%
ROICexc growth 3Y-1.27%
ROICexc growth 5Y-7.91%
OM growth 3Y-3.24%
OM growth 5Y-6.67%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.64%
GM growth 5Y-0.47%
F-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 84.82% | ||
| Cap/Sales | 33.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 51.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z | -0.27 |
F-Score5
WACC6.49%
ROIC/WACC0.25
Cap/Depr(3y)115.95%
Cap/Depr(5y)158.85%
Cap/Sales(3y)44.72%
Cap/Sales(5y)59.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.22%
EPS Next Y48.64%
EPS Next 2Y37.12%
EPS Next 3Y26.71%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.23%
Revenue growth 3Y2.56%
Revenue growth 5Y1.36%
Sales Q2Q%-0.09%
Revenue Next Year-0.94%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.76%
Revenue Next 5YN/A
EBIT growth 1Y6.79%
EBIT growth 3Y-0.77%
EBIT growth 5Y-5.41%
EBIT Next Year383.09%
EBIT Next 3Y67.55%
EBIT Next 5YN/A
FCF growth 1Y-145.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-26.96%
OCF growth 3Y-6.48%
OCF growth 5Y-1.02%
PIEDMONT REALTY TRUST INC / PDM FAQ
What is the ChartMill fundamental rating of PIEDMONT REALTY TRUST INC (PDM) stock?
ChartMill assigns a fundamental rating of 2 / 10 to PDM.
What is the valuation status for PDM stock?
ChartMill assigns a valuation rating of 1 / 10 to PIEDMONT REALTY TRUST INC (PDM). This can be considered as Overvalued.
Can you provide the profitability details for PIEDMONT REALTY TRUST INC?
PIEDMONT REALTY TRUST INC (PDM) has a profitability rating of 2 / 10.
What is the financial health of PIEDMONT REALTY TRUST INC (PDM) stock?
The financial health rating of PIEDMONT REALTY TRUST INC (PDM) is 3 / 10.
What is the earnings growth outlook for PIEDMONT REALTY TRUST INC?
The Earnings per Share (EPS) of PIEDMONT REALTY TRUST INC (PDM) is expected to grow by 48.64% in the next year.