PLANET LABS PBC (PL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PL - US72703X1063 - Common Stock
22.71 USD
+0.27 (+1.2%)
22.7199 USD
+0.01 (+0.04%)
PL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 86 industry peers in the Professional Services industry. The financial health of PL is average, but there are quite some concerns on its profitability. PL shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year PL has reported negative net income.
PL had a positive operating cash flow in the past year.
PL had negative earnings in each of the past 5 years.
In the past 5 years PL always reported negative operating cash flow.
1.2 Ratios
PL has a Return On Assets of -11.71%. This is in the lower half of the industry: PL underperforms 75.58% of its industry peers.
With a Return On Equity value of -37.06%, PL is not doing good in the industry: 76.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.71% | ||
| ROE | -37.06% | ||
| ROIC | N/A |
ROA(3y)-20.33%
ROA(5y)-21.9%
ROE(3y)-27.72%
ROE(5y)-44.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of PL (57.95%) is better than 76.74% of its industry peers.
PL's Gross Margin has improved in the last couple of years.
PL does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.95% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.26%
GM growth 5YN/A
2. Health
2.1 Basic Checks
PL does not have a ROIC to compare to the WACC, probably because it is not profitable.
PL has more shares outstanding than it did 1 year ago.
PL has more shares outstanding than it did 5 years ago.
PL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.47 indicates that PL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.47, PL belongs to the top of the industry, outperforming 82.56% of the companies in the same industry.
The Debt to FCF ratio of PL is 12.76, which is on the high side as it means it would take PL, 12.76 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PL (12.76) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.28 is on the high side and indicates that PL has dependencies on debt financing.
PL has a worse Debt to Equity ratio (1.28) than 74.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 12.76 | ||
| Altman-Z | 4.47 |
ROIC/WACCN/A
WACC8.82%
2.3 Liquidity
A Current Ratio of 4.00 indicates that PL has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.00, PL belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
PL has a Quick Ratio of 4.00. This indicates that PL is financially healthy and has no problem in meeting its short term obligations.
PL has a better Quick ratio (4.00) than 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4 | ||
| Quick Ratio | 4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.11% over the past year.
Looking at the last year, PL shows a quite strong growth in Revenue. The Revenue has grown by 16.89% in the last year.
The Revenue has been growing by 20.62% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)42.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)16.89%
Revenue growth 3Y23.03%
Revenue growth 5Y20.62%
Sales Q2Q%32.62%
3.2 Future
The Earnings Per Share is expected to grow by 25.79% on average over the next years. This is a very strong growth
PL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.36% yearly.
EPS Next Y49.97%
EPS Next 2Y31.19%
EPS Next 3Y25.79%
EPS Next 5YN/A
Revenue Next Year22.01%
Revenue Next 2Y23.81%
Revenue Next 3Y24.36%
Revenue Next 5YN/A
3.3 Evolution
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
PL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year PL is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 199.95 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PL's earnings are expected to grow with 25.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.19%
EPS Next 3Y25.79%
5. Dividend
5.1 Amount
PL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
22.71
+0.27 (+1.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners75.51%
Inst Owner Change0.03%
Ins Owners1.57%
Ins Owner Change-3.28%
Market Cap6.99B
Revenue(TTM)282.46M
Net Income(TTM)-129.56M
Analysts80
Price Target17.78 (-21.71%)
Short Float %11.92%
Short Ratio3.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2
Avg EPS beat(2)65.19%
Min EPS beat(2)30.37%
Max EPS beat(2)100%
EPS beat(4)3
Avg EPS beat(4)3.11%
Min EPS beat(4)-217.93%
Max EPS beat(4)100%
EPS beat(8)7
Avg EPS beat(8)13.5%
EPS beat(12)11
Avg EPS beat(12)16.08%
EPS beat(16)13
Avg EPS beat(16)8.61%
Revenue beat(2)2
Avg Revenue beat(2)8.98%
Min Revenue beat(2)8.38%
Max Revenue beat(2)9.58%
Revenue beat(4)3
Avg Revenue beat(4)4.46%
Min Revenue beat(4)-3.41%
Max Revenue beat(4)9.58%
Revenue beat(8)3
Avg Revenue beat(8)0.49%
Revenue beat(12)3
Avg Revenue beat(12)-0.65%
Revenue beat(16)5
Avg Revenue beat(16)0.26%
PT rev (1m)27.12%
PT rev (3m)95.84%
EPS NQ rev (1m)-2.43%
EPS NQ rev (3m)1.13%
EPS NY rev (1m)4.07%
EPS NY rev (3m)4.82%
Revenue NQ rev (1m)5.89%
Revenue NQ rev (3m)6.08%
Revenue NY rev (1m)5.05%
Revenue NY rev (3m)5.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 24.76 | ||
| P/FCF | 199.95 | ||
| P/OCF | 65.1 | ||
| P/B | 20 | ||
| P/tB | 42.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.11
EYN/A
EPS(NY)-0.06
Fwd EYN/A
FCF(TTM)0.11
FCFY0.5%
OCF(TTM)0.35
OCFY1.54%
SpS0.92
BVpS1.14
TBVpS0.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.71% | ||
| ROE | -37.06% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 57.95% | ||
| FCFM | 12.38% |
ROA(3y)-20.33%
ROA(5y)-21.9%
ROE(3y)-27.72%
ROE(5y)-44.51%
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
ROICexgc growth 3YN/A
ROICexgc 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 3Y16.26%
GM growth 5YN/A
F-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 12.76 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 177.2% | ||
| Cap/Sales | 25.65% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4 | ||
| Quick Ratio | 4 | ||
| Altman-Z | 4.47 |
F-Score5
WACC8.82%
ROIC/WACCN/A
Cap/Depr(3y)79.23%
Cap/Depr(5y)63.85%
Cap/Sales(3y)16.05%
Cap/Sales(5y)17.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y49.97%
EPS Next 2Y31.19%
EPS Next 3Y25.79%
EPS Next 5YN/A
Revenue 1Y (TTM)16.89%
Revenue growth 3Y23.03%
Revenue growth 5Y20.62%
Sales Q2Q%32.62%
Revenue Next Year22.01%
Revenue Next 2Y23.81%
Revenue Next 3Y24.36%
Revenue Next 5YN/A
EBIT growth 1Y34.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year112.74%
EBIT Next 3Y42.26%
EBIT Next 5YN/A
FCF growth 1Y137.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y283.05%
OCF growth 3YN/A
OCF growth 5YN/A
PLANET LABS PBC / PL FAQ
Can you provide the ChartMill fundamental rating for PLANET LABS PBC?
ChartMill assigns a fundamental rating of 4 / 10 to PL.
What is the valuation status for PL stock?
ChartMill assigns a valuation rating of 1 / 10 to PLANET LABS PBC (PL). This can be considered as Overvalued.
Can you provide the profitability details for PLANET LABS PBC?
PLANET LABS PBC (PL) has a profitability rating of 1 / 10.