PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Fundamental Analysis
NYSE:PLYM - US7296401026 - REIT
22.4 USD
+0.28 (+1.27%)
22.4 USD
0 (0%)
Overall PLYM gets a fundamental rating of 4 out of 10. We evaluated PLYM against 129 industry peers in the Diversified REITs industry. There are concerns on the financial health of PLYM while its profitability can be described as average. While showing a medium growth rate, PLYM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PLYM had positive earnings in the past year.
PLYM had a positive operating cash flow in the past year.
In multiple years PLYM reported negative net income over the last 5 years.
Each year in the past 5 years PLYM had a positive operating cash flow.
1.2 Ratios
PLYM's Return On Assets of 8.21% is amongst the best of the industry. PLYM outperforms 99.22% of its industry peers.
PLYM has a Return On Equity of 24.11%. This is amongst the best in the industry. PLYM outperforms 96.12% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.82%, PLYM is doing worse than 68.99% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLYM is in line with the industry average of 3.04%.
The 3 year average ROIC (1.59%) for PLYM is below the current ROIC(1.82%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.21% | ||
| ROE | 24.11% | ||
| ROIC | 1.82% |
ROA(3y)2.98%
ROA(5y)0.72%
ROE(3y)6.82%
ROE(5y)1.26%
ROIC(3y)1.59%
ROIC(5y)1.17%
1.3 Margins
With an excellent Profit Margin value of 67.67%, PLYM belongs to the best of the industry, outperforming 99.22% of the companies in the same industry.
PLYM has a Operating Margin of 17.98%. This is comparable to the rest of the industry: PLYM outperforms 44.19% of its industry peers.
PLYM's Operating Margin has improved in the last couple of years.
PLYM's Gross Margin of 68.84% is in line compared to the rest of the industry. PLYM outperforms 55.81% of its industry peers.
In the last couple of years the Gross Margin of PLYM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.98% | ||
| PM (TTM) | 67.67% | ||
| GM | 68.84% |
OM growth 3Y39.69%
OM growth 5Y33.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PLYM is destroying value.
The number of shares outstanding for PLYM has been increased compared to 1 year ago.
The number of shares outstanding for PLYM has been increased compared to 5 years ago.
PLYM has a better debt/assets ratio than last year.
2.2 Solvency
PLYM has an Altman-Z score of 0.67. This is a bad value and indicates that PLYM is not financially healthy and even has some risk of bankruptcy.
PLYM has a better Altman-Z score (0.67) than 60.47% of its industry peers.
PLYM has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.56, PLYM is doing worse than 61.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
ROIC/WACC0.26
WACC6.98%
2.3 Liquidity
PLYM has a Current Ratio of 0.14. 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 worse Current ratio (0.14) than 94.57% of its industry peers.
A Quick Ratio of 0.14 indicates that PLYM may have some problems paying its short term obligations.
PLYM has a worse Quick ratio (0.14) than 94.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
PLYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 788.89%, which is quite impressive.
The Revenue has decreased by -3.64% in the past year.
The Revenue has been growing by 21.38% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)788.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-633.33%
Revenue 1Y (TTM)-3.64%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-3.27%
3.2 Future
Based on estimates for the next years, PLYM will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.17% on average per year.
Based on estimates for the next years, PLYM will show a small growth in Revenue. The Revenue will grow by 5.25% on average per year.
EPS Next Y-107.01%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
EPS Next 5Y-16.17%
Revenue Next Year-3.82%
Revenue Next 2Y2.71%
Revenue Next 3Y4.96%
Revenue Next 5Y5.25%
3.3 Evolution
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 9.33 indicates a reasonable valuation of PLYM.
PLYM's Price/Earnings ratio is rather cheap when compared to the industry. PLYM is cheaper than 97.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.06. PLYM is valued rather cheaply when compared to this.
The Forward Price/Earnings Ratio is negative for PLYM. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.33 | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PLYM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.66 |
4.3 Compensation for Growth
The decent profitability rating of PLYM may justify a higher PE ratio.
A cheap valuation may be justified as PLYM's earnings are expected to decrease with -29.15% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.37%, PLYM is a good candidate for dividend investing.
PLYM's Dividend Yield is comparable with the industry average which is at 6.14.
Compared to an average S&P500 Dividend Yield of 2.32, PLYM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.37% |
5.2 History
The dividend of PLYM decreases each year by -14.54%.
PLYM has been paying a dividend for over 5 years, so it has already some track record.
PLYM has decreased its dividend recently.
Dividend Growth(5Y)-14.54%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
35.03% of the earnings are spent on dividend by PLYM. This is a low number and sustainable payout ratio.
The Dividend Rate of PLYM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP35.03%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
22.4
+0.28 (+1.27%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.76%
Inst Owner Change2.39%
Ins Owners1.52%
Ins Owner Change4.88%
Market Cap997.92M
Analysts76
Price Target19.53 (-12.81%)
Short Float %2.47%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.37% |
Yearly Dividend0.96
Dividend Growth(5Y)-14.54%
DP35.03%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-185.95%
Min EPS beat(2)-341.18%
Max EPS beat(2)-30.72%
EPS beat(4)1
Avg EPS beat(4)1725.21%
Min EPS beat(4)-983.24%
Max EPS beat(4)8255.96%
EPS beat(8)4
Avg EPS beat(8)1013.18%
EPS beat(12)7
Avg EPS beat(12)678.88%
EPS beat(16)8
Avg EPS beat(16)502.68%
Revenue beat(2)0
Avg Revenue beat(2)-3.5%
Min Revenue beat(2)-6.31%
Max Revenue beat(2)-0.7%
Revenue beat(4)1
Avg Revenue beat(4)-3.67%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)0.66%
Revenue beat(8)2
Avg Revenue beat(8)-3.19%
Revenue beat(12)5
Avg Revenue beat(12)1.26%
Revenue beat(16)8
Avg Revenue beat(16)1.36%
PT rev (1m)3.79%
PT rev (3m)3.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-660%
EPS NY rev (1m)58.33%
EPS NY rev (3m)67.57%
Revenue NQ rev (1m)0.45%
Revenue NQ rev (3m)-7.48%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.33 | ||
| Fwd PE | N/A | ||
| P/S | 5.19 | ||
| P/FCF | N/A | ||
| P/OCF | 10.12 | ||
| P/B | 1.85 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 15.66 |
EPS(TTM)2.4
EY10.71%
EPS(NY)-0.54
Fwd EYN/A
FCF(TTM)-7.2
FCFYN/A
OCF(TTM)2.21
OCFY9.88%
SpS4.31
BVpS12.11
TBVpS10.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.21% | ||
| ROE | 24.11% | ||
| ROCE | 2.3% | ||
| ROIC | 1.82% | ||
| ROICexc | 1.83% | ||
| ROICexgc | 1.97% | ||
| OM | 17.98% | ||
| PM (TTM) | 67.67% | ||
| GM | 68.84% | ||
| FCFM | N/A |
ROA(3y)2.98%
ROA(5y)0.72%
ROE(3y)6.82%
ROE(5y)1.26%
ROIC(3y)1.59%
ROIC(5y)1.17%
ROICexc(3y)1.61%
ROICexc(5y)1.18%
ROICexgc(3y)1.76%
ROICexgc(5y)1.29%
ROCE(3y)2.02%
ROCE(5y)1.48%
ROICexcg growth 3Y52.48%
ROICexcg growth 5Y40.61%
ROICexc growth 3Y52.9%
ROICexc growth 5Y41.59%
OM growth 3Y39.69%
OM growth 5Y33.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y1.53%
F-Score5
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 516.47% | ||
| Cap/Sales | 218.16% | ||
| Interest Coverage | 1.09 | ||
| Cash Conversion | 85.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.67 |
F-Score5
WACC6.98%
ROIC/WACC0.26
Cap/Depr(3y)157.68%
Cap/Depr(5y)286.66%
Cap/Sales(3y)76.26%
Cap/Sales(5y)143.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)788.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-633.33%
EPS Next Y-107.01%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
EPS Next 5Y-16.17%
Revenue 1Y (TTM)-3.64%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-3.27%
Revenue Next Year-3.82%
Revenue Next 2Y2.71%
Revenue Next 3Y4.96%
Revenue Next 5Y5.25%
EBIT growth 1Y1.33%
EBIT growth 3Y56.66%
EBIT growth 5Y62.4%
EBIT Next Year164.52%
EBIT Next 3Y48.85%
EBIT Next 5Y28.44%
FCF growth 1Y-11936.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.58%
OCF growth 3Y18.36%
OCF growth 5Y28.22%