PERFECT CORP (PERF) Stock Fundamental Analysis
USA - NYSE:PERF - KYG7006A1094 - Common Stock
1.88 USD
-0.14 (-6.93%)
1.93 USD
+0.05 (+2.66%)
We assign a fundamental rating of 5 out of 10 to PERF. PERF was compared to 281 industry peers in the Software industry. While PERF has a great health rating, there are worries on its profitability. PERF is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PERF was profitable.
In the past year PERF had a positive cash flow from operations.
In multiple years PERF reported negative net income over the last 5 years.
PERF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PERF has a better Return On Assets (3.22%) than 67.97% of its industry peers.
Looking at the Return On Equity, with a value of 4.07%, PERF is in the better half of the industry, outperforming 67.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 4.07% | ||
| ROIC | N/A |
ROA(3y)-23.65%
ROA(5y)-50.78%
ROE(3y)-27.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PERF has a better Profit Margin (9.52%) than 72.95% of its industry peers.
Looking at the Gross Margin, with a value of 76.90%, PERF is in the better half of the industry, outperforming 72.95% of the companies in the same industry.
In the last couple of years the Gross Margin of PERF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 9.52% | ||
| GM | 76.9% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.18%
GM growth 5Y-3.47%
2. Health
2.1 Basic Checks
PERF does not have a ROIC to compare to the WACC, probably because it is not profitable.
PERF has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, PERF has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.57, we must say that PERF is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.57, PERF is in line with its industry, outperforming 40.93% of the companies in the same industry.
The Debt to FCF ratio of PERF is 0.10, which is an excellent value as it means it would take PERF, only 0.10 years of fcf income to pay off all of its debts.
PERF has a better Debt to FCF ratio (0.10) than 81.49% of its industry peers.
PERF has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.01, PERF is in the better half of the industry, outperforming 66.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 1.57 |
ROIC/WACCN/A
WACC11.13%
2.3 Liquidity
PERF has a Current Ratio of 4.74. This indicates that PERF is financially healthy and has no problem in meeting its short term obligations.
PERF has a Current ratio of 4.74. This is amongst the best in the industry. PERF outperforms 88.26% of its industry peers.
PERF has a Quick Ratio of 4.74. This indicates that PERF is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of PERF (4.74) is better than 88.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.74 | ||
| Quick Ratio | 4.74 |
3. Growth
3.1 Past
PERF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.33%, which is quite good.
The Revenue has grown by 13.19% in the past year. This is quite good.
PERF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.29% yearly.
EPS 1Y (TTM)12.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-69.23%
Revenue 1Y (TTM)13.19%
Revenue growth 3Y13.88%
Revenue growth 5Y21.29%
Sales Q2Q%17.56%
3.2 Future
Based on estimates for the next years, PERF will show a very strong growth in Earnings Per Share. The EPS will grow by 27.36% on average per year.
Based on estimates for the next years, PERF will show a quite strong growth in Revenue. The Revenue will grow by 12.64% on average per year.
EPS Next Y-41.25%
EPS Next 2Y-1.59%
EPS Next 3Y27.36%
EPS Next 5YN/A
Revenue Next Year12.74%
Revenue Next 2Y13.56%
Revenue Next 3Y13.27%
Revenue Next 5Y12.64%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.50, PERF is valued on the expensive side.
Based on the Price/Earnings ratio, PERF is valued a bit cheaper than 70.82% of the companies in the same industry.
When comparing the Price/Earnings ratio of PERF to the average of the S&P500 Index (27.02), we can say PERF is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 24.58, the valuation of PERF can be described as rather expensive.
66.19% of the companies in the same industry are more expensive than PERF, based on the Price/Forward Earnings ratio.
PERF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.5 | ||
| Fwd PE | 24.58 |
4.2 Price Multiples
90.39% of the companies in the same industry are more expensive than PERF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.62 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PERF's earnings are expected to grow with 27.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.59%
EPS Next 3Y27.36%
5. Dividend
5.1 Amount
PERF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.88
-0.14 (-6.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners8.23%
Inst Owner Change0%
Ins Owners2.69%
Ins Owner Change0%
Market Cap191.48M
Analysts80
Price Target4.08 (117.02%)
Short Float %0.19%
Short Ratio0.33
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)-5.23%
Min EPS beat(2)-80.39%
Max EPS beat(2)69.93%
EPS beat(4)1
Avg EPS beat(4)-13.47%
Min EPS beat(4)-80.39%
Max EPS beat(4)69.93%
EPS beat(8)3
Avg EPS beat(8)51.93%
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)-2.16%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)-1.46%
Revenue beat(4)0
Avg Revenue beat(4)-3.8%
Min Revenue beat(4)-5.86%
Max Revenue beat(4)-1.46%
Revenue beat(8)1
Avg Revenue beat(8)-2.92%
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-45.32%
EPS NY rev (1m)-39.33%
EPS NY rev (3m)-52.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.5 | ||
| Fwd PE | 24.58 | ||
| P/S | 2.97 | ||
| P/FCF | 12.62 | ||
| P/OCF | 12.38 | ||
| P/B | 1.27 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.08
EY4.26%
EPS(NY)0.08
Fwd EY4.07%
FCF(TTM)0.15
FCFY7.92%
OCF(TTM)0.15
OCFY8.08%
SpS0.63
BVpS1.48
TBVpS1.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 4.07% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 9.52% | ||
| GM | 76.9% | ||
| FCFM | 23.57% |
ROA(3y)-23.65%
ROA(5y)-50.78%
ROE(3y)-27.19%
ROE(5y)N/A
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 3Y-3.18%
GM growth 5Y-3.47%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.1 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 32.04% | ||
| Cap/Sales | 0.46% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 247.66% | ||
| Current Ratio | 4.74 | ||
| Quick Ratio | 4.74 | ||
| Altman-Z | 1.57 |
F-Score5
WACC11.13%
ROIC/WACCN/A
Cap/Depr(3y)43.08%
Cap/Depr(5y)43.3%
Cap/Sales(3y)0.6%
Cap/Sales(5y)0.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-69.23%
EPS Next Y-41.25%
EPS Next 2Y-1.59%
EPS Next 3Y27.36%
EPS Next 5YN/A
Revenue 1Y (TTM)13.19%
Revenue growth 3Y13.88%
Revenue growth 5Y21.29%
Sales Q2Q%17.56%
Revenue Next Year12.74%
Revenue Next 2Y13.56%
Revenue Next 3Y13.27%
Revenue Next 5Y12.64%
EBIT growth 1Y53.02%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year145.38%
EBIT Next 3Y94.72%
EBIT Next 5Y56.42%
FCF growth 1Y-4.91%
FCF growth 3Y110.06%
FCF growth 5YN/A
OCF growth 1Y-4.23%
OCF growth 3Y103.19%
OCF growth 5YN/A