PHINIA INC (PHIN) Stock Fundamental Analysis
NYSE:PHIN - US71880K1016 - Common Stock
58.48 USD
-0.37 (-0.63%)
58.48 USD
0 (0%)
Overall PHIN gets a fundamental rating of 4 out of 10. We evaluated PHIN against 80 industry peers in the Automobile Components industry. There are concerns on the financial health of PHIN while its profitability can be described as average. PHIN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PHIN had positive earnings in the past year.
In the past year PHIN had a positive cash flow from operations.
PHIN had positive earnings in 4 of the past 5 years.
Of the past 5 years PHIN 4 years had a positive operating cash flow.
1.2 Ratios
PHIN has a Return On Assets of 2.77%. This is in the lower half of the industry: PHIN underperforms 65.00% of its industry peers.
The Return On Equity of PHIN (6.64%) is worse than 65.00% of its industry peers.
PHIN's Return On Invested Capital of 8.31% is amongst the best of the industry. PHIN outperforms 87.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PHIN is in line with the industry average of 8.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 6.64% | ||
| ROIC | 8.31% |
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 worse Profit Margin (3.22%) than 63.75% of its industry peers.
PHIN's Profit Margin has declined in the last couple of years.
PHIN's Operating Margin of 9.05% is on the low side compared to the rest of the industry. PHIN is outperformed by 60.00% of its industry peers.
In the last couple of years the Operating Margin of PHIN has grown nicely.
Looking at the Gross Margin, with a value of 22.19%, PHIN is doing worse than 67.50% of the companies in the same industry.
In the last couple of years the Gross Margin of PHIN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.05% | ||
| PM (TTM) | 3.22% | ||
| GM | 22.19% |
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
PHIN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PHIN has less shares outstanding than it did 1 year ago.
Compared to 1 year ago, PHIN has a worse debt to assets ratio.
2.2 Solvency
PHIN has an Altman-Z score of 2.02. 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.
The Altman-Z score of PHIN (2.02) is worse than 75.00% of its industry peers.
The Debt to FCF ratio of PHIN is 6.56, which is on the high side as it means it would take PHIN, 6.56 years of fcf income to pay off all of its debts.
PHIN's Debt to FCF ratio of 6.56 is on the low side compared to the rest of the industry. PHIN is outperformed by 70.00% of its industry peers.
PHIN has a Debt/Equity ratio of 0.59. This is a neutral value indicating PHIN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, PHIN is doing worse than 73.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.56 | ||
| Altman-Z | 2.02 |
ROIC/WACC0.91
WACC9.11%
2.3 Liquidity
A Current Ratio of 1.86 indicates that PHIN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.86, PHIN is in the better half of the industry, outperforming 70.00% 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.
Looking at the Quick ratio, with a value of 1.36, PHIN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
PHIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.83%, which is quite impressive.
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.
The Revenue has decreased by -4.30% in the past year.
PHIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.79% yearly.
EPS 1Y (TTM)60.83%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%44.32%
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%2.53%
3.2 Future
The Earnings Per Share is expected to grow by 17.96% on average over the next years. This is quite good.
Based on estimates for the next years, PHIN will show a small growth in Revenue. The Revenue will grow by 1.74% on average per year.
EPS Next Y20.16%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
EPS Next 5YN/A
Revenue Next Year0.58%
Revenue Next 2Y1.46%
Revenue Next 3Y1.74%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PHIN is valuated correctly with a Price/Earnings ratio of 14.30.
Compared to the rest of the industry, the Price/Earnings ratio of PHIN indicates a somewhat cheap valuation: PHIN is cheaper than 63.75% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, PHIN is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.66 indicates a reasonable valuation of PHIN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PHIN is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.72. PHIN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.3 | ||
| Fwd PE | 10.66 |
4.2 Price Multiples
PHIN's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHIN indicates a somewhat cheap valuation: PHIN is cheaper than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.07 | ||
| EV/EBITDA | 6.36 |
4.3 Compensation for Growth
PHIN'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 PHIN's earnings are expected to grow with 17.96% in the coming years.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y19.54%
EPS Next 3Y17.96%
5. Dividend
5.1 Amount
PHIN has a Yearly Dividend Yield of 1.84%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.91, PHIN has a dividend in line with its industry peers.
PHIN's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
PHIN has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PHIN pays out 38.89% of its income as dividend. This is a sustainable payout ratio.
DP38.89%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
58.48
-0.37 (-0.63%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners104.01%
Inst Owner Change0.78%
Ins Owners2.24%
Ins Owner Change3.76%
Market Cap2.27B
Analysts78.18
Price Target57.12 (-2.33%)
Short Float %8.47%
Short Ratio7.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
Yearly Dividend1
Dividend Growth(5Y)N/A
DP38.89%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.13%
Min EPS beat(2)-9.06%
Max EPS beat(2)21.33%
EPS beat(4)2
Avg EPS beat(4)7.36%
Min EPS beat(4)-17.79%
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)0
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-4.17%
Max Revenue beat(2)-0.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.67%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)1.82%
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)13.36%
PT rev (3m)12.45%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)2.52%
EPS NY rev (1m)10.72%
EPS NY rev (3m)11.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)1.7%
Revenue NY rev (3m)3.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.3 | ||
| Fwd PE | 10.66 | ||
| P/S | 0.68 | ||
| P/FCF | 15.07 | ||
| P/OCF | 8.58 | ||
| P/B | 1.4 | ||
| P/tB | 3.1 | ||
| EV/EBITDA | 6.36 |
EPS(TTM)4.09
EY6.99%
EPS(NY)5.49
Fwd EY9.38%
FCF(TTM)3.88
FCFY6.64%
OCF(TTM)6.81
OCFY11.65%
SpS86.32
BVpS41.83
TBVpS18.89
PEG (NY)0.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 6.64% | ||
| ROCE | 10.52% | ||
| ROIC | 8.31% | ||
| ROICexc | 9.45% | ||
| ROICexgc | 14.56% | ||
| OM | 9.05% | ||
| PM (TTM) | 3.22% | ||
| GM | 22.19% | ||
| FCFM | 4.5% |
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 Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.56 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 73.55% | ||
| Cap/Sales | 3.39% | ||
| Interest Coverage | 6.61 | ||
| Cash Conversion | 57.73% | ||
| Profit Quality | 139.82% | ||
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.02 |
F-Score7
WACC9.11%
ROIC/WACC0.91
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)60.83%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%44.32%
EPS Next Y20.16%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%2.53%
Revenue Next Year0.58%
Revenue Next 2Y1.46%
Revenue Next 3Y1.74%
Revenue Next 5YN/A
EBIT growth 1Y-8.16%
EBIT growth 3Y10.45%
EBIT growth 5YN/A
EBIT Next Year49.39%
EBIT Next 3Y17.23%
EBIT Next 5YN/A
FCF growth 1Y103%
FCF growth 3Y487.71%
FCF growth 5YN/A
OCF growth 1Y23.2%
OCF growth 3Y27.96%
OCF growth 5YN/A