PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Fundamental Analysis
NASDAQ:PGY - IL0011858912 - Common Stock
33.76 USD
+3.99 (+13.4%)
33.9 USD
+0.14 (+0.41%)
We assign a fundamental rating of 3 out of 10 to PGY. PGY was compared to 283 industry peers in the Software industry. PGY has a bad profitability rating. Also its financial health evaluation is rather negative. PGY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PGY has reported negative net income.
PGY had a positive operating cash flow in the past year.
In the past 5 years PGY reported 4 times negative net income.
Of the past 5 years PGY 4 years had a positive operating cash flow.
1.2 Ratios
PGY's Return On Assets of -20.18% is on the low side compared to the rest of the industry. PGY is outperformed by 69.61% of its industry peers.
PGY has a Return On Equity of -64.03%. This is in the lower half of the industry: PGY underperforms 73.50% of its industry peers.
The Return On Invested Capital of PGY (10.92%) is better than 86.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.18% | ||
| ROE | -64.03% | ||
| ROIC | 10.92% |
ROA(3y)-23.94%
ROA(5y)-18.43%
ROE(3y)-59.08%
ROE(5y)-43.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PGY's Operating Margin of 13.73% is fine compared to the rest of the industry. PGY outperforms 79.51% of its industry peers.
Looking at the Gross Margin, with a value of 42.26%, PGY is doing worse than 73.50% of the companies in the same industry.
PGY's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.73% | ||
| PM (TTM) | N/A | ||
| GM | 42.26% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.22%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PGY is creating some value.
Compared to 1 year ago, PGY has more shares outstanding
The debt/assets ratio for PGY is higher compared to a year ago.
2.2 Solvency
PGY has an Altman-Z score of 1.78. This is a bad value and indicates that PGY is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.78, PGY perfoms like the industry average, outperforming 45.58% of the companies in the same industry.
PGY has a debt to FCF ratio of 7.20. This is a slightly negative value and a sign of low solvency as PGY would need 7.20 years to pay back of all of its debts.
PGY has a Debt to FCF ratio of 7.20. This is comparable to the rest of the industry: PGY outperforms 53.00% of its industry peers.
PGY has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.23, PGY is doing worse than 77.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 7.2 | ||
| Altman-Z | 1.78 |
ROIC/WACC1.23
WACC8.87%
2.3 Liquidity
A Current Ratio of 1.42 indicates that PGY should not have too much problems paying its short term obligations.
With a Current ratio value of 1.42, PGY perfoms like the industry average, outperforming 47.35% of the companies in the same industry.
A Quick Ratio of 1.42 indicates that PGY should not have too much problems paying its short term obligations.
PGY has a Quick ratio (1.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The earnings per share for PGY have decreased strongly by -64.47% in the last year.
The Revenue has grown by 24.59% in the past year. This is a very strong growth!
The Revenue has been growing by 29.57% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-64.47%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%119.23%
Revenue 1Y (TTM)24.59%
Revenue growth 3Y29.57%
Revenue growth 5YN/A
Sales Q2Q%30.38%
3.2 Future
PGY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.40% yearly.
Based on estimates for the next years, PGY will show a quite strong growth in Revenue. The Revenue will grow by 17.53% on average per year.
EPS Next Y142.63%
EPS Next 2Y58.57%
EPS Next 3Y36.4%
EPS Next 5YN/A
Revenue Next Year23.54%
Revenue Next 2Y19.46%
Revenue Next 3Y17.53%
Revenue Next 5YN/A
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
The Price/Earnings Ratio is negative for PGY. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 11.93, which indicates a very decent valuation of PGY.
Based on the Price/Forward Earnings ratio, PGY is valued cheaply inside the industry as 89.75% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PGY to the average of the S&P500 Index (35.82), we can say PGY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PGY is valued cheaply inside the industry as 85.16% of the companies are valued more expensively.
78.09% of the companies in the same industry are more expensive than PGY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.29 | ||
| EV/EBITDA | 14.81 |
4.3 Compensation for Growth
PGY's 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 PGY's earnings are expected to grow with 36.40% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.57%
EPS Next 3Y36.4%
5. Dividend
5.1 Amount
No dividends for PGY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.76
+3.99 (+13.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners53%
Inst Owner Change-24.96%
Ins Owners1.78%
Ins Owner Change-36.42%
Market Cap2.56B
Analysts84.29
Price Target32.1 (-4.92%)
Short Float %21.14%
Short Ratio3.49
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)68.52%
Min EPS beat(2)-6.37%
Max EPS beat(2)143.41%
EPS beat(4)1
Avg EPS beat(4)-375.17%
Min EPS beat(4)-1261.55%
Max EPS beat(4)143.41%
EPS beat(8)1
Avg EPS beat(8)-1560.98%
EPS beat(12)2
Avg EPS beat(12)-1081.17%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.62%
Min Revenue beat(2)0.72%
Max Revenue beat(2)2.51%
Revenue beat(4)4
Avg Revenue beat(4)1.69%
Min Revenue beat(4)0.58%
Max Revenue beat(4)2.96%
Revenue beat(8)7
Avg Revenue beat(8)1.83%
Revenue beat(12)11
Avg Revenue beat(12)4.16%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)39.7%
PT rev (3m)42.35%
EPS NQ rev (1m)-70.49%
EPS NQ rev (3m)-64.71%
EPS NY rev (1m)0%
EPS NY rev (3m)72.9%
Revenue NQ rev (1m)8.91%
Revenue NQ rev (3m)13.09%
Revenue NY rev (1m)2.01%
Revenue NY rev (3m)2.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.93 | ||
| P/S | 2.22 | ||
| P/FCF | 25.29 | ||
| P/OCF | 20.89 | ||
| P/B | 5.8 | ||
| P/tB | 6.27 | ||
| EV/EBITDA | 14.81 |
EPS(TTM)-3.24
EYN/A
EPS(NY)2.83
Fwd EY8.38%
FCF(TTM)1.33
FCFY3.95%
OCF(TTM)1.62
OCFY4.79%
SpS15.23
BVpS5.82
TBVpS5.38
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -20.18% | ||
| ROE | -64.03% | ||
| ROCE | 13.83% | ||
| ROIC | 10.92% | ||
| ROICexc | 13% | ||
| ROICexgc | 13.47% | ||
| OM | 13.73% | ||
| PM (TTM) | N/A | ||
| GM | 42.26% | ||
| FCFM | 8.76% |
ROA(3y)-23.94%
ROA(5y)-18.43%
ROE(3y)-59.08%
ROE(5y)-43.26%
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-6.22%
GM growth 5YN/A
F-Score4
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 7.2 | ||
| Debt/EBITDA | 2.88 | ||
| Cap/Depr | 69.32% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 1.78 |
F-Score4
WACC8.87%
ROIC/WACC1.23
Cap/Depr(3y)180.79%
Cap/Depr(5y)346.68%
Cap/Sales(3y)2.58%
Cap/Sales(5y)2.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.47%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%119.23%
EPS Next Y142.63%
EPS Next 2Y58.57%
EPS Next 3Y36.4%
EPS Next 5YN/A
Revenue 1Y (TTM)24.59%
Revenue growth 3Y29.57%
Revenue growth 5YN/A
Sales Q2Q%30.38%
Revenue Next Year23.54%
Revenue Next 2Y19.46%
Revenue Next 3Y17.53%
Revenue Next 5YN/A
EBIT growth 1Y572.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year481.33%
EBIT Next 3Y103.09%
EBIT Next 5YN/A
FCF growth 1Y242.09%
FCF growth 3Y0.07%
FCF growth 5YN/A
OCF growth 1Y406.81%
OCF growth 3Y10.12%
OCF growth 5YN/A