PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLYM - US7296401026 - REIT
21.88 USD
+0.02 (+0.09%)
21.88 USD
0 (0%)
PLYM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 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
PLYM had positive earnings in the past year.
In the past year PLYM had a positive cash flow from operations.
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 has a better Return On Assets (5.81%) than 98.44% of its industry peers.
The Return On Equity of PLYM (19.43%) is better than 92.97% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.76%, PLYM is doing worse than 71.88% of the companies in the same industry.
PLYM had an Average Return On Invested Capital over the past 3 years of 1.59%. This is in line with the industry average of 3.05%.
The last Return On Invested Capital (1.76%) for PLYM is above the 3 year average (1.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 19.43% | ||
| ROIC | 1.77% |
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
PLYM's Profit Margin of 47.68% is amongst the best of the industry. PLYM outperforms 96.88% of its industry peers.
PLYM has a Operating Margin of 17.27%. This is in the lower half of the industry: PLYM underperforms 60.94% of its industry peers.
In the last couple of years the Operating Margin of PLYM has grown nicely.
The Gross Margin of PLYM (69.69%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PLYM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.27% | ||
| PM (TTM) | 47.68% | ||
| GM | 69.69% |
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
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.
PLYM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLYM has an improved debt to assets ratio.
2.2 Solvency
PLYM has an Altman-Z score of 0.58. This is a bad value and indicates that PLYM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.58, PLYM is in line with its industry, outperforming 53.13% of the companies in the same industry.
PLYM has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
PLYM's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. PLYM is outperformed by 66.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.58 |
ROIC/WACC0.26
WACC6.69%
2.3 Liquidity
A Current Ratio of 0.17 indicates that PLYM may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.17, PLYM is doing worse than 92.97% of the companies in the same industry.
A Quick Ratio of 0.17 indicates that PLYM may have some problems paying its short term obligations.
PLYM's Quick ratio of 0.17 is on the low side compared to the rest of the industry. PLYM is outperformed by 91.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
PLYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 547.06%, which is quite impressive.
The Revenue has decreased by -4.99% in the past year.
Measured over the past years, PLYM shows a very strong growth in Revenue. The Revenue has been growing by 21.38% on average per year.
EPS 1Y (TTM)547.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-666.67%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-0.72%
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.
PLYM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.25% yearly.
EPS Next Y-105.61%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
EPS Next 5Y-16.17%
Revenue Next Year-4.29%
Revenue Next 2Y2.25%
Revenue Next 3Y4.68%
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
Based on the Price/Earnings ratio of 9.95, the valuation of PLYM can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PLYM indicates a rather cheap valuation: PLYM is cheaper than 92.97% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.39, PLYM is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for PLYM. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PLYM's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.47 |
4.3 Compensation for Growth
PLYM has a very decent profitability rating, which may justify a higher PE ratio.
PLYM's earnings are expected to decrease with -29.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
5. Dividend
5.1 Amount
PLYM has a Yearly Dividend Yield of 4.39%, which is a nice return.
PLYM's Dividend Yield is comparable with the industry average which is at 6.33.
PLYM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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.
The dividend of PLYM decreased recently.
Dividend Growth(5Y)-14.54%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
50.76% of the earnings are spent on dividend by PLYM. This is a bit on the high side, but may be sustainable.
The Dividend Rate of PLYM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP50.76%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
21.88
+0.02 (+0.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.13%
Inst Owner Change-9.82%
Ins Owners1.55%
Ins Owner Change0%
Market Cap974.75M
Revenue(TTM)191.51M
Net Income(TTM)91.31M
Analysts71.43
Price Target22 (0.55%)
Short Float %3.38%
Short Ratio0.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
Yearly Dividend0.96
Dividend Growth(5Y)-14.54%
DP50.76%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.1%
Min EPS beat(2)-45.48%
Max EPS beat(2)-30.72%
EPS beat(4)1
Avg EPS beat(4)1959.65%
Min EPS beat(4)-341.18%
Max EPS beat(4)8255.96%
EPS beat(8)4
Avg EPS beat(8)1012.51%
EPS beat(12)7
Avg EPS beat(12)676.46%
EPS beat(16)8
Avg EPS beat(16)502.01%
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.7%
Max Revenue beat(2)0.75%
Revenue beat(4)1
Avg Revenue beat(4)-3.65%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)0.75%
Revenue beat(8)2
Avg Revenue beat(8)-3.25%
Revenue beat(12)5
Avg Revenue beat(12)1.26%
Revenue beat(16)8
Avg Revenue beat(16)1.24%
PT rev (1m)-1.31%
PT rev (3m)6.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.25%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | N/A | ||
| P/S | 5.09 | ||
| P/FCF | N/A | ||
| P/OCF | 9.65 | ||
| P/B | 2.07 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 15.47 |
EPS(TTM)2.2
EY10.05%
EPS(NY)-0.48
Fwd EYN/A
FCF(TTM)-4.86
FCFYN/A
OCF(TTM)2.27
OCFY10.36%
SpS4.3
BVpS10.55
TBVpS9.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number22.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 19.43% | ||
| ROCE | 2.23% | ||
| ROIC | 1.77% | ||
| ROICexc | 1.78% | ||
| ROICexgc | 1.92% | ||
| OM | 17.27% | ||
| PM (TTM) | 47.68% | ||
| GM | 69.69% | ||
| 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%
ROICexgc growth 3Y52.48%
ROICexgc 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-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 380.09% | ||
| Cap/Sales | 165.91% | ||
| Interest Coverage | 1.1 | ||
| Cash Conversion | 86.58% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.58 |
F-Score6
WACC6.69%
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)547.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-666.67%
EPS Next Y-105.61%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
EPS Next 5Y-16.17%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-0.72%
Revenue Next Year-4.29%
Revenue Next 2Y2.25%
Revenue Next 3Y4.68%
Revenue Next 5Y5.25%
EBIT growth 1Y-8.6%
EBIT growth 3Y56.66%
EBIT growth 5Y62.4%
EBIT Next Year165.08%
EBIT Next 3Y49.29%
EBIT Next 5Y28.44%
FCF growth 1Y-732.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.78%
OCF growth 3Y18.36%
OCF growth 5Y28.22%
PLYMOUTH INDUSTRIAL REIT INC / PLYM FAQ
Can you provide the ChartMill fundamental rating for PLYMOUTH INDUSTRIAL REIT INC?
ChartMill assigns a fundamental rating of 4 / 10 to PLYM.
What is the valuation status for PLYM stock?
ChartMill assigns a valuation rating of 3 / 10 to PLYMOUTH INDUSTRIAL REIT INC (PLYM). This can be considered as Overvalued.
How profitable is PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has a profitability rating of 6 / 10.
What are the PE and PB ratios of PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
The Price/Earnings (PE) ratio for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is 9.95 and the Price/Book (PB) ratio is 2.07.
Is the dividend of PLYMOUTH INDUSTRIAL REIT INC sustainable?
The dividend rating of PLYMOUTH INDUSTRIAL REIT INC (PLYM) is 5 / 10 and the dividend payout ratio is 50.76%.