PHINIA INC (PHIN) Stock Fundamental Analysis
NYSE:PHIN - New York Stock Exchange, Inc. - US71880K1016 - Common Stock - Currency: USD
PHIN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 81 industry peers in the Automobile Components industry. Both the profitability and financial health of PHIN have multiple concerns. PHIN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PHIN was profitable.
In the past year PHIN had a positive cash flow from operations.
Of the past 5 years PHIN 4 years were profitable.
Of the past 5 years PHIN 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.03%, PHIN is doing worse than 67.90% of the companies in the same industry.
PHIN has a worse Return On Equity (4.94%) than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.35%, PHIN is doing worse than 61.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PHIN is in line with the industry average of 9.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 4.94% | ||
| ROIC | 8.35% |
ROA(3y)3.68%
ROA(5y)N/A
ROE(3y)8.79%
ROE(5y)N/A
ROIC(3y)9.27%
ROIC(5y)N/A
1.3 Margins
PHIN has a Profit Margin of 2.28%. This is in the lower half of the industry: PHIN underperforms 65.43% of its industry peers.
In the last couple of years the Profit Margin of PHIN has declined.
PHIN has a worse Operating Margin (8.81%) than 60.49% of its industry peers.
PHIN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 22.06%, PHIN is doing worse than 66.67% of the companies in the same industry.
PHIN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.81% | ||
| PM (TTM) | 2.28% | ||
| GM | 22.06% |
OM growth 3Y8.51%
OM growth 5YN/A
PM growth 3Y-21.01%
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PHIN is creating some value.
Compared to 1 year ago, PHIN has less shares outstanding
PHIN has a worse debt/assets ratio than last year.
2.2 Solvency
PHIN has an Altman-Z score of 1.91. This is not the best score and indicates that PHIN is in the grey zone with still only limited risk for bankruptcy at the moment.
PHIN has a worse Altman-Z score (1.91) than 75.31% of its industry peers.
PHIN has a debt to FCF ratio of 4.50. This is a neutral value as PHIN would need 4.50 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.50, PHIN is not doing good in the industry: 60.49% of the companies in the same industry are doing better.
PHIN has a Debt/Equity ratio of 0.63. This is a neutral value indicating PHIN is somewhat dependend on debt financing.
The Debt to Equity ratio of PHIN (0.63) is worse than 72.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 4.5 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.95
WACC8.77%
2.3 Liquidity
PHIN has a Current Ratio of 1.85. This is a normal value and indicates that PHIN is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.85, PHIN is doing good in the industry, outperforming 72.84% of the companies in the same industry.
PHIN has a Quick Ratio of 1.36. This is a normal value and indicates that PHIN is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.36, PHIN is doing good in the industry, outperforming 75.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
PHIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.28%.
Measured over the past years, PHIN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.27% on average per year.
PHIN shows a decrease in Revenue. In the last year, the revenue decreased by -5.44%.
PHIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.79% yearly.
EPS 1Y (TTM)-14.28%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%-12.96%
Revenue 1Y (TTM)-5.44%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%-7.76%
3.2 Future
Based on estimates for the next years, PHIN will show a small growth in Earnings Per Share. The EPS will grow by 7.83% on average per year.
The Revenue is expected to decrease by -0.07% on average over the next years.
EPS Next Y7.92%
EPS Next 2Y12.62%
EPS Next 3Y7.83%
EPS Next 5YN/A
Revenue Next Year-2.7%
Revenue Next 2Y-0.32%
Revenue Next 3Y-0.07%
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.
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 11.91 indicates a reasonable valuation of PHIN.
60.49% of the companies in the same industry are more expensive than PHIN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.55. PHIN is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.05, the valuation of PHIN can be described as reasonable.
Based on the Price/Forward Earnings ratio, PHIN is valued a bit cheaper than 60.49% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.40, PHIN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.91 | ||
| Fwd PE | 9.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PHIN is valued a bit cheaper than the industry average as 61.73% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHIN indicates a somewhat cheap valuation: PHIN is cheaper than 69.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | 5.26 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.5
PEG (5Y)N/A
EPS Next 2Y12.62%
EPS Next 3Y7.83%
5. Dividend
5.1 Amount
PHIN has a Yearly Dividend Yield of 2.54%.
Compared to an average industry Dividend Yield of 4.26, PHIN has a dividend in line with its industry peers.
PHIN's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
PHIN has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PHIN pays out 56.58% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP56.58%
EPS Next 2Y12.62%
EPS Next 3Y7.83%
44.08
+0.03 (+0.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners105.27%
Inst Owner Change-4.94%
Ins Owners1.86%
Ins Owner Change2.88%
Market Cap1.75B
Analysts78.33
Price Target50.49 (14.54%)
Short Float %6.28%
Short Ratio4.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
Yearly Dividend1
Dividend Growth(5Y)N/A
DP56.58%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.42%
Min EPS beat(2)-17.79%
Max EPS beat(2)-9.06%
EPS beat(4)1
Avg EPS beat(4)-4.22%
Min EPS beat(4)-24.98%
Max EPS beat(4)34.95%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-4.17%
Max Revenue beat(2)1.82%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-10.41%
PT rev (3m)-13.16%
EPS NQ rev (1m)1.07%
EPS NQ rev (3m)2.01%
EPS NY rev (1m)0.76%
EPS NY rev (3m)-4.13%
Revenue NQ rev (1m)1.06%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.91 | ||
| Fwd PE | 9.05 | ||
| P/S | 0.53 | ||
| P/FCF | 7.97 | ||
| P/OCF | 5.53 | ||
| P/B | 1.14 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 5.26 |
EPS(TTM)3.7
EY8.39%
EPS(NY)4.87
Fwd EY11.05%
FCF(TTM)5.53
FCFY12.54%
OCF(TTM)7.96
OCFY18.07%
SpS83.82
BVpS38.62
TBVpS17.01
PEG (NY)1.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 4.94% | ||
| ROCE | 10.58% | ||
| ROIC | 8.35% | ||
| ROICexc | 9.65% | ||
| ROICexgc | 15.01% | ||
| OM | 8.81% | ||
| PM (TTM) | 2.28% | ||
| GM | 22.06% | ||
| FCFM | 6.59% |
ROA(3y)3.68%
ROA(5y)N/A
ROE(3y)8.79%
ROE(5y)N/A
ROIC(3y)9.27%
ROIC(5y)N/A
ROICexc(3y)10.65%
ROICexc(5y)N/A
ROICexgc(3y)16.59%
ROICexgc(5y)N/A
ROCE(3y)11.76%
ROCE(5y)N/A
ROICexcg growth 3Y17.73%
ROICexcg growth 5YN/A
ROICexc growth 3Y16.92%
ROICexc growth 5YN/A
OM growth 3Y8.51%
OM growth 5YN/A
PM growth 3Y-21.01%
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5YN/A
F-Score7
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 4.5 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 62.18% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.44% | ||
| Profit Quality | 289.47% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 1.91 |
F-Score7
WACC8.77%
ROIC/WACC0.95
Cap/Depr(3y)72.1%
Cap/Depr(5y)74.99%
Cap/Sales(3y)3.52%
Cap/Sales(5y)4.06%
Profit Quality(3y)143.27%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.28%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%-12.96%
EPS Next Y7.92%
EPS Next 2Y12.62%
EPS Next 3Y7.83%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.44%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%-7.76%
Revenue Next Year-2.7%
Revenue Next 2Y-0.32%
Revenue Next 3Y-0.07%
Revenue Next 5YN/A
EBIT growth 1Y-16.71%
EBIT growth 3Y10.45%
EBIT growth 5YN/A
EBIT Next Year40.74%
EBIT Next 3Y14.44%
EBIT Next 5YN/A
FCF growth 1Y50.68%
FCF growth 3Y487.71%
FCF growth 5YN/A
OCF growth 1Y24.8%
OCF growth 3Y27.96%
OCF growth 5YN/A