PEDEVCO CORP (PED) Stock Fundamental Analysis
NYSEARCA:PED - NYSE Arca - US70532Y3036 - Common Stock - Currency: USD
Overall PED gets a fundamental rating of 5 out of 10. We evaluated PED against 208 industry peers in the Oil, Gas & Consumable Fuels industry. PED has an average financial health and profitability rating. PED has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PED was profitable.
In the past year PED had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PED reported negative net income in multiple years.
Each year in the past 5 years PED had a positive operating cash flow.
1.2 Ratios
PED's Return On Assets of 11.78% is amongst the best of the industry. PED outperforms 87.50% of its industry peers.
PED has a better Return On Equity (14.10%) than 69.71% of its industry peers.
PED's Return On Invested Capital of 2.81% is on the low side compared to the rest of the industry. PED is outperformed by 67.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PED is significantly below the industry average of 23.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.78% | ||
| ROE | 14.1% | ||
| ROIC | 2.81% |
ROA(3y)5.71%
ROA(5y)-5.05%
ROE(3y)6.44%
ROE(5y)-5.07%
ROIC(3y)3.09%
ROIC(5y)N/A
1.3 Margins
PED's Profit Margin of 42.71% is amongst the best of the industry. PED outperforms 91.83% of its industry peers.
PED has a Operating Margin (11.38%) which is in line with its industry peers.
Looking at the Gross Margin, with a value of 66.82%, PED is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
PED's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.38% | ||
| PM (TTM) | 42.71% | ||
| GM | 66.82% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.09%
GM growth 5Y7.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PED is destroying value.
The number of shares outstanding for PED has been increased compared to 1 year ago.
The number of shares outstanding for PED has been increased compared to 5 years ago.
There is no outstanding debt for PED. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that PED is in the distress zone and has some risk of bankruptcy.
PED has a Altman-Z score of 0.85. This is comparable to the rest of the industry: PED outperforms 42.31% of its industry peers.
PED has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC0.31
WACC8.97%
2.3 Liquidity
A Current Ratio of 1.40 indicates that PED should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.40, PED is in the better half of the industry, outperforming 63.94% of the companies in the same industry.
A Quick Ratio of 1.40 indicates that PED should not have too much problems paying its short term obligations.
PED has a better Quick ratio (1.40) than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 223.33% over the past year.
Looking at the last year, PED shows a very strong growth in Revenue. The Revenue has grown by 30.69%.
PED shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.98% yearly.
EPS 1Y (TTM)223.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-60%
Revenue 1Y (TTM)30.69%
Revenue growth 3Y35.61%
Revenue growth 5Y24.98%
Sales Q2Q%7.64%
3.2 Future
PED is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -36.44% yearly.
PED is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.26% yearly.
EPS Next Y-69.7%
EPS Next 2Y-36.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-15.27%
Revenue Next 2Y-0.26%
Revenue Next 3YN/A
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
A Price/Earnings ratio of 3.15 indicates a rather cheap valuation of PED.
PED's Price/Earnings ratio is rather cheap when compared to the industry. PED is cheaper than 98.08% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.87, PED is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.42, the valuation of PED can be described as very cheap.
77.88% of the companies in the same industry are more expensive than PED, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PED to the average of the S&P500 Index (35.34), we can say PED is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.15 | ||
| Fwd PE | 7.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PED is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.27 |
4.3 Compensation for Growth
A cheap valuation may be justified as PED's earnings are expected to decrease with -36.44% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-36.44%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PED!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
0.5992
-0.02 (-3.35%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners2.68%
Inst Owner Change-0.36%
Ins Owners71.72%
Ins Owner Change0%
Market Cap55.02M
Analysts80
Price Target1.86 (210.41%)
Short Float %0.53%
Short Ratio0.47
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)1
Avg EPS beat(2)602.98%
Min EPS beat(2)-73.6%
Max EPS beat(2)1279.56%
EPS beat(4)3
Avg EPS beat(4)330.55%
Min EPS beat(4)-73.6%
Max EPS beat(4)1279.56%
EPS beat(8)3
Avg EPS beat(8)146.21%
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)1
Avg Revenue beat(2)3.87%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)12.69%
Revenue beat(4)3
Avg Revenue beat(4)6.64%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)17.66%
Revenue beat(8)6
Avg Revenue beat(8)7.09%
Revenue beat(12)7
Avg Revenue beat(12)4.43%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)-100%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.57%
Revenue NY rev (1m)-9.73%
Revenue NY rev (3m)-9.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.15 | ||
| Fwd PE | 7.42 | ||
| P/S | 1.37 | ||
| P/FCF | N/A | ||
| P/OCF | 2.39 | ||
| P/B | 0.45 | ||
| P/tB | 0.45 | ||
| EV/EBITDA | 2.27 |
EPS(TTM)0.19
EY31.71%
EPS(NY)0.08
Fwd EY13.48%
FCF(TTM)-0.06
FCFYN/A
OCF(TTM)0.25
OCFY41.78%
SpS0.44
BVpS1.33
TBVpS1.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.78% | ||
| ROE | 14.1% | ||
| ROCE | 3.55% | ||
| ROIC | 2.81% | ||
| ROICexc | 3.05% | ||
| ROICexgc | 3.05% | ||
| OM | 11.38% | ||
| PM (TTM) | 42.71% | ||
| GM | 66.82% | ||
| FCFM | N/A |
ROA(3y)5.71%
ROA(5y)-5.05%
ROE(3y)6.44%
ROE(5y)-5.07%
ROIC(3y)3.09%
ROIC(5y)N/A
ROICexc(3y)3.72%
ROICexc(5y)N/A
ROICexgc(3y)3.72%
ROICexgc(5y)N/A
ROCE(3y)3.91%
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 3Y3.09%
GM growth 5Y7.61%
F-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 178.98% | ||
| Cap/Sales | 70.92% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 112.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 0.85 |
F-Score7
WACC8.97%
ROIC/WACC0.31
Cap/Depr(3y)201.19%
Cap/Depr(5y)159.31%
Cap/Sales(3y)75.11%
Cap/Sales(5y)87.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)223.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-60%
EPS Next Y-69.7%
EPS Next 2Y-36.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)30.69%
Revenue growth 3Y35.61%
Revenue growth 5Y24.98%
Sales Q2Q%7.64%
Revenue Next Year-15.27%
Revenue Next 2Y-0.26%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y49.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year183.34%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y26.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y40.69%
OCF growth 3Y28.83%
OCF growth 5Y50.2%