PLYMOUTH INDUSTRIAL REIT INC (PLYM)
US7296401026 - REIT
PLYM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 126 industry peers in the Diversified REITs industry. PLYM has a medium profitability rating, but doesn't score so well on its financial health evaluation. PLYM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PLYM has reported negative net income.
In the past year PLYM had a positive cash flow from operations.
In the past 5 years PLYM reported 4 times negative net income.
Each year in the past 5 years PLYM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PLYM (0.61%) is comparable to the rest of the industry.
With a Return On Equity value of 1.82%, PLYM perfoms like the industry average, outperforming 52.85% of the companies in the same industry.
With a Return On Invested Capital value of 1.70%, PLYM is not doing good in the industry: 70.73% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for PLYM is in line with the industry average of 2.95%.
The 3 year average ROIC (1.06%) for PLYM is below the current ROIC(1.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 1.82% | ||
| ROIC | 1.7% |
ROA(3y)-1.14%
ROA(5y)-2.01%
ROE(3y)-3.05%
ROE(5y)-5.57%
ROIC(3y)1.06%
ROIC(5y)0.8%
1.3 Margins
PLYM's Profit Margin of 4.40% is in line compared to the rest of the industry. PLYM outperforms 48.78% of its industry peers.
PLYM has a worse Operating Margin (14.77%) than 66.67% of its industry peers.
PLYM's Operating Margin has improved in the last couple of years.
PLYM has a Gross Margin (68.72%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PLYM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.77% | ||
| PM (TTM) | 4.4% | ||
| GM | 68.72% |
OM growth 3Y49.06%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.75%
GM growth 5Y1.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLYM is destroying value.
PLYM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PLYM has more shares outstanding
PLYM has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that PLYM is in the distress zone and has some risk of bankruptcy.
PLYM has a Altman-Z score of 0.57. This is comparable to the rest of the industry: PLYM outperforms 49.59% of its industry peers.
The Debt to FCF ratio of PLYM is 18.52, which is on the high side as it means it would take PLYM, 18.52 years of fcf income to pay off all of its debts.
PLYM has a Debt to FCF ratio of 18.52. This is in the better half of the industry: PLYM outperforms 69.92% of its industry peers.
PLYM has a Debt/Equity ratio of 1.81. This is a high value indicating a heavy dependency on external financing.
PLYM has a Debt to Equity ratio of 1.81. This is in the lower half of the industry: PLYM underperforms 72.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | 18.52 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.24
WACC7.03%
2.3 Liquidity
PLYM has a Current Ratio of 0.20. This is a bad value and indicates that PLYM is not financially healthy enough and could expect problems in meeting its short term obligations.
PLYM has a Current ratio of 0.20. This is amonst the worse of the industry: PLYM underperforms 97.56% of its industry peers.
PLYM has a Quick Ratio of 0.20. This is a bad value and indicates that PLYM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PLYM (0.20) is worse than 97.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 87.10% over the past year.
The Revenue has grown by 8.89% in the past year. This is quite good.
PLYM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.36% yearly.
EPS 1Y (TTM)87.1%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q281.82%
Revenue 1Y (TTM)8.89%
Revenue growth 3Y22.06%
Revenue growth 5Y32.36%
Revenue growth Q2Q7.3%
3.2 Future
Based on estimates for the next years, PLYM will show a very strong growth in Earnings Per Share. The EPS will grow by 25.77% on average per year.
The Revenue is expected to grow by 5.43% on average over the next years.
EPS Next Y-53%
EPS Next 2Y55.38%
EPS Next 3Y9.1%
EPS Next 5Y25.77%
Revenue Next Year3.1%
Revenue Next 2Y3.93%
Revenue Next 3Y1.19%
Revenue Next 5Y5.43%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PLYM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year PLYM 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
PLYM's Enterprise Value to EBITDA ratio is in line with the industry average.
PLYM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PLYM is cheaper than 69.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.03 | ||
| EV/EBITDA | 14.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.38%
EPS Next 3Y9.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.65%, PLYM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.03, PLYM has a dividend in line with its industry peers.
PLYM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
5.2 History
The dividend of PLYM decreases each year by -18.05%.
PLYM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-18.05%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PLYM pays out 476.41% of its income as dividend. This is not a sustainable payout ratio.
DP476.41%
EPS Next 2Y55.38%
EPS Next 3Y9.1%
PLYMOUTH INDUSTRIAL REIT INC
NYSE:PLYM (4/29/2024, 7:20:39 PM)
After market: 20.8 0 (0%)20.8
+0.04 (+0.19%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap943.90M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 1.82% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.77% | ||
| PM (TTM) | 4.4% | ||
| GM | 68.72% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.81 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.2 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)87.1%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-53%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.89%
Revenue growth 3Y22.06%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y