PGT INNOVATIONS INC (PGTI)
US69336V1017 - Common Stock
PGTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 43 industry peers in the Building Products industry. PGTI has an average financial health and profitability rating. PGTI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PGTI was profitable.
In the past year PGTI had a positive cash flow from operations.
PGTI had positive earnings in each of the past 5 years.
In the past 5 years PGTI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PGTI (6.80%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 16.27%, PGTI is in line with its industry, outperforming 57.78% of the companies in the same industry.
PGTI has a Return On Invested Capital of 9.64%. This is comparable to the rest of the industry: PGTI outperforms 48.89% of its industry peers.
PGTI had an Average Return On Invested Capital over the past 3 years of 8.09%. This is significantly below the industry average of 13.66%.
The last Return On Invested Capital (9.64%) for PGTI is above the 3 year average (8.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.8% | ||
| ROE | 16.27% | ||
| ROIC | 9.64% |
ROA(3y)4.89%
ROA(5y)4.73%
ROE(3y)12.36%
ROE(5y)11.3%
ROIC(3y)8.09%
ROIC(5y)7.91%
1.3 Margins
Looking at the Profit Margin, with a value of 7.14%, PGTI is in line with its industry, outperforming 46.67% of the companies in the same industry.
In the last couple of years the Profit Margin of PGTI has declined.
PGTI's Operating Margin of 12.39% is in line compared to the rest of the industry. PGTI outperforms 53.33% of its industry peers.
PGTI's Operating Margin has been stable in the last couple of years.
The Gross Margin of PGTI (39.27%) is better than 77.78% of its industry peers.
In the last couple of years the Gross Margin of PGTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.39% | ||
| PM (TTM) | 7.14% | ||
| GM | 39.27% |
OM growth 3Y3.28%
OM growth 5Y-1.31%
PM growth 3Y11.8%
PM growth 5Y-1.54%
GM growth 3Y2.55%
GM growth 5Y2.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PGTI is destroying value.
The number of shares outstanding for PGTI has been reduced compared to 1 year ago.
Compared to 5 years ago, PGTI has less shares outstanding
Compared to 1 year ago, PGTI has an improved debt to assets ratio.
2.2 Solvency
PGTI has an Altman-Z score of 3.34. This indicates that PGTI is financially healthy and has little risk of bankruptcy at the moment.
PGTI has a Altman-Z score of 3.34. This is in the lower half of the industry: PGTI underperforms 62.22% of its industry peers.
The Debt to FCF ratio of PGTI is 4.81, which is a neutral value as it means it would take PGTI, 4.81 years of fcf income to pay off all of its debts.
PGTI has a worse Debt to FCF ratio (4.81) than 71.11% of its industry peers.
PGTI has a Debt/Equity ratio of 0.93. This is a neutral value indicating PGTI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.93, PGTI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 4.81 | ||
| Altman-Z | 3.34 |
ROIC/WACC0.9
WACC10.69%
2.3 Liquidity
A Current Ratio of 2.45 indicates that PGTI has no problem at all paying its short term obligations.
PGTI has a Current ratio of 2.45. This is comparable to the rest of the industry: PGTI outperforms 60.00% of its industry peers.
PGTI has a Quick Ratio of 1.61. This is a normal value and indicates that PGTI is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.61, PGTI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
PGTI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.33%.
Measured over the past years, PGTI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.49% on average per year.
PGTI shows a small growth in Revenue. In the last year, the Revenue has grown by 0.82%.
PGTI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.58% yearly.
EPS 1Y (TTM)7.33%
EPS 3Y27.89%
EPS 5Y11.49%
EPS growth Q2Q-7.41%
Revenue 1Y (TTM)0.82%
Revenue growth 3Y19.45%
Revenue growth 5Y16.58%
Revenue growth Q2Q0.48%
3.2 Future
The Earnings Per Share is expected to grow by 21.77% on average over the next years. This is a very strong growth
Based on estimates for the next years, PGTI will show a small growth in Revenue. The Revenue will grow by 7.31% on average per year.
EPS Next Y21.4%
EPS Next 2Y21.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.36%
Revenue Next 2Y7.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.48 indicates a rather expensive valuation of PGTI.
PGTI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.73, PGTI is valued a bit cheaper.
With a Price/Forward Earnings ratio of 16.87, PGTI is valued correctly.
Based on the Price/Forward Earnings ratio, PGTI is valued a bit cheaper than 64.44% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.41, PGTI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 16.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PGTI is valued a bit cheaper than the industry average as 64.44% of the companies are valued more expensively.
PGTI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.88 | ||
| EV/EBITDA | 12 |
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 PGTI's earnings are expected to grow with 21.77% in the coming years.
PEG (NY)0.96
PEG (5Y)1.78
EPS Next 2Y21.77%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PGTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PGT INNOVATIONS INC
NYSE:PGTI (3/27/2024, 8:04:00 PM)
After market: 42 +0.01 (+0.02%)41.99
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.40B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.48 | ||
| Fwd PE | 16.87 | ||
| 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)0.96
PEG (5Y)1.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.8% | ||
| ROE | 16.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.39% | ||
| PM (TTM) | 7.14% | ||
| GM | 39.27% | ||
| 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 Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.61 | ||
| 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)7.33%
EPS 3Y27.89%
EPS 5Y
EPS growth Q2Q
EPS Next Y21.4%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.82%
Revenue growth 3Y19.45%
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