PETMED EXPRESS INC (PETS)

US7163821066 - Common Stock

4.84  -0.03 (-0.62%)

After market: 4.89 +0.05 (+1.03%)

Fundamental Rating

5

Overall PETS gets a fundamental rating of 5 out of 10. We evaluated PETS against 126 industry peers in the Specialty Retail industry. PETS has a great financial health rating, but its profitability evaluates not so good. While showing a medium growth rate, PETS is valued expensive at the moment. PETS also has an excellent dividend rating.



2

1. Profitability

1.1 Basic Checks

PETS had negative earnings in the past year.
PETS had a positive operating cash flow in the past year.
Each year in the past 5 years PETS has been profitable.
Each year in the past 5 years PETS had a positive operating cash flow.

1.2 Ratios

PETS's Return On Assets of -3.82% is on the low side compared to the rest of the industry. PETS is outperformed by 61.90% of its industry peers.
PETS has a Return On Equity (-5.35%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA -3.82%
ROE -5.35%
ROIC N/A
ROA(3y)9.47%
ROA(5y)13.9%
ROE(3y)12.22%
ROE(5y)16.91%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

PETS's Profit Margin has declined in the last couple of years.
PETS has a worse Gross Margin (27.80%) than 69.84% of its industry peers.
PETS's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for PETS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 27.8%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-79.56%
PM growth 5Y-64.4%
GM growth 3Y-1.11%
GM growth 5Y-5%

8

2. Health

2.1 Basic Checks

PETS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for PETS has been increased compared to 1 year ago.
PETS has more shares outstanding than it did 5 years ago.
PETS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.

2.2 Solvency

PETS has an Altman-Z score of 3.98. This indicates that PETS is financially healthy and has little risk of bankruptcy at the moment.
PETS's Altman-Z score of 3.98 is amongst the best of the industry. PETS outperforms 80.95% of its industry peers.
There is no outstanding debt for PETS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 3.98
ROIC/WACCN/A
WACC8.88%

2.3 Liquidity

A Current Ratio of 2.11 indicates that PETS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.11, PETS belongs to the top of the industry, outperforming 80.16% of the companies in the same industry.
PETS has a Quick Ratio of 1.64. This is a normal value and indicates that PETS is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PETS (1.64) is better than 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 2.11
Quick Ratio 1.64

4

3. Growth

3.1 Past

The earnings per share for PETS have decreased strongly by -137.18% in the last year.
The earnings per share for PETS have been decreasing by -59.06% on average. This is quite bad
PETS shows a small growth in Revenue. In the last year, the Revenue has grown by 3.13%.
PETS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.27% yearly.
EPS 1Y (TTM)-137.18%
EPS 3Y-75%
EPS 5Y-59.06%
EPS growth Q2Q-100%
Revenue 1Y (TTM)3.13%
Revenue growth 3Y-3.3%
Revenue growth 5Y-1.27%
Revenue growth Q2Q8.58%

3.2 Future

PETS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 87.86% yearly.
Based on estimates for the next years, PETS will show a small growth in Revenue. The Revenue will grow by 7.34% on average per year.
EPS Next Y-329.5%
EPS Next 2Y67.48%
EPS Next 3Y87.86%
EPS Next 5YN/A
Revenue Next Year8.45%
Revenue Next 2Y7.85%
Revenue Next 3Y7.34%
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

PETS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 86.27, the valuation of PETS can be described as expensive.
PETS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PETS is more expensive than 60.32% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.74. PETS is valued rather expensively when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 86.27

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, PETS is valued cheaply inside the industry as 91.27% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 5.88
EV/EBITDA N/A

4.3 Compensation for Growth

A more expensive valuation may be justified as PETS's earnings are expected to grow with 87.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y67.48%
EPS Next 3Y87.86%

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 25.26%, PETS is a good candidate for dividend investing.
The stock price of PETS dropped by -35.98% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.22, PETS pays a better dividend. On top of this PETS pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, PETS pays a better dividend.
Industry RankSector Rank
Dividend Yield 25.26%

5.2 History

The dividend of PETS is nicely growing with an annual growth rate of 6.52%!
PETS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.52%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

PETS has negative earnings and hence a negative payout ratio. The dividend may be in danger.
PETS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-405.1%
EPS Next 2Y67.48%
EPS Next 3Y87.86%

PETMED EXPRESS INC

NASDAQ:PETS (3/27/2024, 8:00:01 PM)

After market: 4.89 +0.05 (+1.03%)

4.84

-0.03 (-0.62%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap102.37M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 25.26%
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)
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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 RankSector Rank
PE N/A
Fwd PE 86.27
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)N/A
Profitability
Industry RankSector Rank
ROA -3.82%
ROE -5.35%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 27.8%
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 Turnover1.7
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 2.11
Quick Ratio 1.64
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)-137.18%
EPS 3Y-75%
EPS 5Y
EPS growth Q2Q
EPS Next Y-329.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.13%
Revenue growth 3Y-3.3%
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