POSTNL NV (PNL.AS)
NL0009739416 - Common Stock
Overall PNL gets a fundamental rating of 4 out of 10. We evaluated PNL against 15 industry peers in the Air Freight & Logistics industry. While PNL is still in line with the averages on profitability rating, there are concerns on its financial health. PNL may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year PNL was profitable.
PNL had a positive operating cash flow in the past year.
Of the past 5 years PNL 4 years were profitable.
PNL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PNL's Return On Assets of 2.48% is on the low side compared to the rest of the industry. PNL is outperformed by 60.00% of its industry peers.
PNL has a better Return On Equity (27.27%) than 86.67% of its industry peers.
PNL's Return On Invested Capital of 6.49% is in line compared to the rest of the industry. PNL outperforms 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PNL is in line with the industry average of 8.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 27.27% | ||
| ROIC | 6.49% |
ROA(3y)-10.61%
ROA(5y)-4.4%
ROE(3y)-157.64%
ROE(5y)N/A
ROIC(3y)8.02%
ROIC(5y)9.1%
1.3 Margins
PNL's Profit Margin of 1.71% is on the low side compared to the rest of the industry. PNL is outperformed by 66.67% of its industry peers.
PNL's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 2.65%, PNL is doing worse than 86.67% of the companies in the same industry.
PNL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 46.82%, PNL is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Gross Margin of PNL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.65% | ||
| PM (TTM) | 1.71% | ||
| GM | 46.82% |
OM growth 3Y-27.81%
OM growth 5Y-16.4%
PM growth 3Y-35.72%
PM growth 5Y7.86%
GM growth 3Y-2.95%
GM growth 5Y-1.34%
2. Health
2.1 Basic Checks
PNL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, PNL has more shares outstanding
The number of shares outstanding for PNL has been increased compared to 5 years ago.
PNL has a better debt/assets ratio than last year.
2.2 Solvency
PNL has an Altman-Z score of 1.57. This is a bad value and indicates that PNL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PNL (1.57) is worse than 60.00% of its industry peers.
PNL has a debt to FCF ratio of 10.28. This is a negative value and a sign of low solvency as PNL would need 10.28 years to pay back of all of its debts.
PNL's Debt to FCF ratio of 10.28 is on the low side compared to the rest of the industry. PNL is outperformed by 73.33% of its industry peers.
PNL has a Debt/Equity ratio of 2.72. This is a high value indicating a heavy dependency on external financing.
PNL has a worse Debt to Equity ratio (2.72) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.72 | ||
| Debt/FCF | 10.28 | ||
| Altman-Z | 1.57 |
ROIC/WACC1.78
WACC3.65%
2.3 Liquidity
PNL has a Current Ratio of 0.73. This is a bad value and indicates that PNL is not financially healthy enough and could expect problems in meeting its short term obligations.
PNL has a Current ratio of 0.73. This is amonst the worse of the industry: PNL underperforms 86.67% of its industry peers.
A Quick Ratio of 0.73 indicates that PNL may have some problems paying its short term obligations.
The Quick ratio of PNL (0.73) is worse than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 326.92% over the past year.
The earnings per share for PNL have been decreasing by -23.07% on average. This is quite bad
The Revenue has been growing slightly by 0.67% in the past year.
Measured over the past years, PNL shows a small growth in Revenue. The Revenue has been growing by 2.69% on average per year.
EPS 1Y (TTM)326.92%
EPS 3Y-30.45%
EPS 5Y-23.07%
EPS growth Q2Q74.14%
Revenue 1Y (TTM)0.67%
Revenue growth 3Y-0.93%
Revenue growth 5Y2.69%
Revenue growth Q2Q0.68%
3.2 Future
The Earnings Per Share is expected to grow by 21.37% on average over the next years. This is a very strong growth
Based on estimates for the next years, PNL will show a small growth in Revenue. The Revenue will grow by 2.49% on average per year.
EPS Next Y20.79%
EPS Next 2Y19.14%
EPS Next 3Y16.03%
EPS Next 5Y21.37%
Revenue Next Year1.67%
Revenue Next 2Y2.04%
Revenue Next 3Y2.43%
Revenue Next 5Y2.49%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 10.95, the valuation of PNL can be described as very reasonable.
Based on the Price/Earnings ratio, PNL is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
PNL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.25.
A Price/Forward Earnings ratio of 8.99 indicates a reasonable valuation of PNL.
93.33% of the companies in the same industry are more expensive than PNL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.67. PNL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 8.99 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PNL is valued a bit cheaper than 80.00% of the companies in the same industry.
80.00% of the companies in the same industry are more expensive than PNL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 4.13 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PNL's earnings are expected to grow with 16.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)N/A
EPS Next 2Y19.14%
EPS Next 3Y16.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.25%, PNL is a good candidate for dividend investing.
PNL's Dividend Yield is rather good when compared to the industry average which is at 4.01. PNL pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, PNL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.25% |
5.2 History
The dividend of PNL decreases each year by -15.43%.
Dividend Growth(5Y)-15.43%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
53.70% of the earnings are spent on dividend by PNL. This is a bit on the high side, but may be sustainable.
DP53.7%
EPS Next 2Y19.14%
EPS Next 3Y16.03%
POSTNL NV
AMS:PNL (4/25/2024, 5:29:55 PM)
1.205
-0.03 (-2.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap595.52M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.25% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 8.99 | ||
| 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)0.53
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 27.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.65% | ||
| PM (TTM) | 1.71% | ||
| GM | 46.82% | ||
| 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 Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.72 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 | ||
| 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)326.92%
EPS 3Y-30.45%
EPS 5Y
EPS growth Q2Q
EPS Next Y20.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.67%
Revenue growth 3Y-0.93%
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
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OCF growth 3Y
OCF growth 5Y