PAGAYA TECHNOLOGIES LTD -A (PGY) Stock Fundamental Analysis
NASDAQ:PGY - Nasdaq - IL0011858912 - Common Stock - Currency: USD
PGY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 284 industry peers in the Software industry. Both the profitability and financial health of PGY have multiple concerns. PGY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PGY had negative earnings in the past year.
PGY had a positive operating cash flow in the past year.
PGY had negative earnings in 4 of the past 5 years.
PGY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PGY has a worse Return On Assets (-29.16%) than 72.89% of its industry peers.
The Return On Equity of PGY (-90.98%) is worse than 75.35% of its industry peers.
PGY has a Return On Invested Capital of 7.82%. This is amongst the best in the industry. PGY outperforms 80.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.16% | ||
| ROE | -90.98% | ||
| ROIC | 7.82% |
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
The Operating Margin of PGY (9.92%) is better than 76.06% of its industry peers.
With a Gross Margin value of 42.44%, PGY is not doing good in the industry: 73.24% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of PGY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.92% | ||
| PM (TTM) | N/A | ||
| GM | 42.44% |
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
PGY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PGY has been increased compared to 1 year ago.
PGY has a worse debt/assets ratio than last year.
2.2 Solvency
PGY has an Altman-Z score of 1.22. This is a bad value and indicates that PGY is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PGY (1.22) is comparable to the rest of the industry.
The Debt to FCF ratio of PGY is 10.98, which is on the high side as it means it would take PGY, 10.98 years of fcf income to pay off all of its debts.
PGY has a Debt to FCF ratio (10.98) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.24 is on the high side and indicates that PGY has dependencies on debt financing.
PGY's Debt to Equity ratio of 1.24 is on the low side compared to the rest of the industry. PGY is outperformed by 76.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 10.98 | ||
| Altman-Z | 1.22 |
ROIC/WACC0.86
WACC9.11%
2.3 Liquidity
PGY has a Current Ratio of 1.79. This is a normal value and indicates that PGY is financially healthy and should not expect problems in meeting its short term obligations.
PGY's Current ratio of 1.79 is in line compared to the rest of the industry. PGY outperforms 55.99% of its industry peers.
PGY has a Quick Ratio of 1.79. This is a normal value and indicates that PGY is financially healthy and should not expect problems in meeting its short term obligations.
PGY has a Quick ratio of 1.79. This is comparable to the rest of the industry: PGY outperforms 57.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
PGY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -217.73%.
The Revenue has grown by 23.69% in the past year. This is a very strong growth!
Measured over the past years, PGY shows a very strong growth in Revenue. The Revenue has been growing by 29.57% on average per year.
EPS 1Y (TTM)-217.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%309.09%
Revenue 1Y (TTM)23.69%
Revenue growth 3Y29.57%
Revenue growth 5YN/A
Sales Q2Q%18.23%
3.2 Future
Based on estimates for the next years, PGY will show a very strong growth in Earnings Per Share. The EPS will grow by 32.88% on average per year.
Based on estimates for the next years, PGY will show a quite strong growth in Revenue. The Revenue will grow by 13.70% on average per year.
EPS Next Y142.78%
EPS Next 2Y57.32%
EPS Next 3Y32.88%
EPS Next 5YN/A
Revenue Next Year21.11%
Revenue Next 2Y17.16%
Revenue Next 3Y13.7%
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
PGY reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
PGY is valuated cheaply with a Price/Forward Earnings ratio of 7.17.
PGY's Price/Forward Earnings ratio is rather cheap when compared to the industry. PGY is cheaper than 95.77% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, PGY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PGY indicates a rather cheap valuation: PGY is cheaper than 86.27% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PGY is valued a bit cheaper than the industry average as 77.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.21 | ||
| EV/EBITDA | 13.69 |
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.
PGY's earnings are expected to grow with 32.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y57.32%
EPS Next 3Y32.88%
5. Dividend
5.1 Amount
No dividends for PGY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.74
+0.27 (+1.46%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners58.82%
Inst Owner Change-0.02%
Ins Owners1.76%
Ins Owner Change-30.75%
Market Cap1.42B
Analysts83.08
Price Target22.98 (22.63%)
Short Float %18.12%
Short Ratio4.54
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)-559.07%
Min EPS beat(2)-1261.55%
Max EPS beat(2)143.41%
EPS beat(4)1
Avg EPS beat(4)-2922.83%
Min EPS beat(4)-10197%
Max EPS beat(4)143.41%
EPS beat(8)1
Avg EPS beat(8)-1567.88%
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)2
Avg Revenue beat(2)1.84%
Min Revenue beat(2)0.72%
Max Revenue beat(2)2.96%
Revenue beat(4)4
Avg Revenue beat(4)1.97%
Min Revenue beat(4)0.58%
Max Revenue beat(4)3.6%
Revenue beat(8)7
Avg Revenue beat(8)1.91%
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)1.9%
PT rev (3m)5.29%
EPS NQ rev (1m)78.46%
EPS NQ rev (3m)51.19%
EPS NY rev (1m)73.52%
EPS NY rev (3m)326.9%
Revenue NQ rev (1m)0.48%
Revenue NQ rev (3m)5.07%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)4.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.17 | ||
| P/S | 1.32 | ||
| P/FCF | 24.21 | ||
| P/OCF | 17.63 | ||
| P/B | 3.46 | ||
| P/tB | 3.78 | ||
| EV/EBITDA | 13.69 |
EPS(TTM)-4.48
EYN/A
EPS(NY)2.61
Fwd EY13.94%
FCF(TTM)0.77
FCFY4.13%
OCF(TTM)1.06
OCFY5.67%
SpS14.22
BVpS5.41
TBVpS4.96
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.16% | ||
| ROE | -90.98% | ||
| ROCE | 9.9% | ||
| ROIC | 7.82% | ||
| ROICexc | 9.45% | ||
| ROICexgc | 9.83% | ||
| OM | 9.92% | ||
| PM (TTM) | N/A | ||
| GM | 42.44% | ||
| FCFM | 5.44% |
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 Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 10.98 | ||
| Debt/EBITDA | 3.71 | ||
| Cap/Depr | 72.51% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 1.22 |
F-Score4
WACC9.11%
ROIC/WACC0.86
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)-217.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%309.09%
EPS Next Y142.78%
EPS Next 2Y57.32%
EPS Next 3Y32.88%
EPS Next 5YN/A
Revenue 1Y (TTM)23.69%
Revenue growth 3Y29.57%
Revenue growth 5YN/A
Sales Q2Q%18.23%
Revenue Next Year21.11%
Revenue Next 2Y17.16%
Revenue Next 3Y13.7%
Revenue Next 5YN/A
EBIT growth 1Y1192.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year443.62%
EBIT Next 3Y80.94%
EBIT Next 5YN/A
FCF growth 1Y167.16%
FCF growth 3Y0.07%
FCF growth 5YN/A
OCF growth 1Y232.26%
OCF growth 3Y10.12%
OCF growth 5YN/A