INSULET CORP (PODD) Stock Fundamental Analysis
NASDAQ:PODD - Nasdaq - US45784P1012 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to PODD. PODD was compared to 189 industry peers in the Health Care Equipment & Supplies industry. PODD has an excellent profitability rating, but there are some minor concerns on its financial health. PODD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make PODD suitable for growth investing!
1. Profitability
1.1 Basic Checks
PODD had positive earnings in the past year.
PODD had a positive operating cash flow in the past year.
In the past 5 years PODD has always been profitable.
Of the past 5 years PODD 4 years had a positive operating cash flow.
1.2 Ratios
PODD's Return On Assets of 11.43% is amongst the best of the industry. PODD outperforms 93.65% of its industry peers.
Looking at the Return On Equity, with a value of 30.22%, PODD belongs to the top of the industry, outperforming 98.94% of the companies in the same industry.
PODD's Return On Invested Capital of 8.98% is amongst the best of the industry. PODD outperforms 90.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PODD is in line with the industry average of 7.87%.
The 3 year average ROIC (6.40%) for PODD is below the current ROIC(8.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.43% | ||
| ROE | 30.22% | ||
| ROIC | 8.98% |
ROA(3y)7.24%
ROA(5y)4.58%
ROE(3y)21.22%
ROE(5y)13.56%
ROIC(3y)6.4%
ROIC(5y)5.42%
1.3 Margins
Looking at the Profit Margin, with a value of 18.29%, PODD belongs to the top of the industry, outperforming 93.65% of the companies in the same industry.
In the last couple of years the Profit Margin of PODD has grown nicely.
Looking at the Operating Margin, with a value of 15.50%, PODD belongs to the top of the industry, outperforming 86.24% of the companies in the same industry.
In the last couple of years the Operating Margin of PODD has grown nicely.
PODD has a better Gross Margin (70.39%) than 79.89% of its industry peers.
PODD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.5% | ||
| PM (TTM) | 18.29% | ||
| GM | 70.39% |
OM growth 3Y9.15%
OM growth 5Y17.1%
PM growth 3Y136.37%
PM growth 5Y66.64%
GM growth 3Y0.65%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
PODD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PODD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PODD has more shares outstanding
PODD has a better debt/assets ratio than last year.
2.2 Solvency
PODD has an Altman-Z score of 7.91. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
PODD has a Altman-Z score of 7.91. This is amongst the best in the industry. PODD outperforms 87.83% of its industry peers.
PODD has a debt to FCF ratio of 6.04. This is a slightly negative value and a sign of low solvency as PODD would need 6.04 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.04, PODD is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
A Debt/Equity ratio of 1.21 is on the high side and indicates that PODD has dependencies on debt financing.
PODD's Debt to Equity ratio of 1.21 is on the low side compared to the rest of the industry. PODD is outperformed by 78.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 7.91 |
ROIC/WACC1.03
WACC8.73%
2.3 Liquidity
A Current Ratio of 4.47 indicates that PODD has no problem at all paying its short term obligations.
The Current ratio of PODD (4.47) is better than 70.37% of its industry peers.
PODD has a Quick Ratio of 3.63. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
PODD has a Quick ratio of 3.63. This is in the better half of the industry: PODD outperforms 69.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.47 | ||
| Quick Ratio | 3.63 |
3. Growth
3.1 Past
PODD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.11%, which is quite good.
The Earnings Per Share has been growing by 79.24% on average over the past years. This is a very strong growth
Looking at the last year, PODD shows a very strong growth in Revenue. The Revenue has grown by 23.49%.
Measured over the past years, PODD shows a very strong growth in Revenue. The Revenue has been growing by 22.92% on average per year.
EPS 1Y (TTM)12.11%
EPS 3Y58.9%
EPS 5Y79.24%
EPS Q2Q%38.36%
Revenue 1Y (TTM)23.49%
Revenue growth 3Y23.54%
Revenue growth 5Y22.92%
Sales Q2Q%28.82%
3.2 Future
Based on estimates for the next years, PODD will show a very strong growth in Earnings Per Share. The EPS will grow by 20.57% on average per year.
The Revenue is expected to grow by 15.04% on average over the next years. This is quite good.
EPS Next Y32.07%
EPS Next 2Y27.86%
EPS Next 3Y25.94%
EPS Next 5Y20.57%
Revenue Next Year22.22%
Revenue Next 2Y19.87%
Revenue Next 3Y18.54%
Revenue Next 5Y15.04%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
PODD is valuated quite expensively with a Price/Earnings ratio of 90.71.
Based on the Price/Earnings ratio, PODD is valued a bit cheaper than the industry average as 65.61% of the companies are valued more expensively.
PODD's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.60.
The Price/Forward Earnings ratio is 60.15, which means the current valuation is very expensive for PODD.
PODD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PODD is cheaper than 66.14% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.43, PODD is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.71 | ||
| Fwd PE | 60.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PODD indicates a somewhat cheap valuation: PODD is cheaper than 66.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PODD is valued a bit cheaper than 70.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.05 | ||
| EV/EBITDA | 55.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PODD does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of PODD may justify a higher PE ratio.
A more expensive valuation may be justified as PODD's earnings are expected to grow with 25.94% in the coming years.
PEG (NY)2.83
PEG (5Y)1.14
EPS Next 2Y27.86%
EPS Next 3Y25.94%
5. Dividend
5.1 Amount
PODD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
327.47
+1.63 (+0.5%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change0.95%
Ins Owners0.24%
Ins Owner Change2.25%
Market Cap23.04B
Analysts83.23
Price Target323.11 (-1.33%)
Short Float %3.18%
Short Ratio2.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)16.65%
Min EPS beat(2)10.04%
Max EPS beat(2)23.25%
EPS beat(4)3
Avg EPS beat(4)11.28%
Min EPS beat(4)-4.04%
Max EPS beat(4)23.25%
EPS beat(8)7
Avg EPS beat(8)44.11%
EPS beat(12)10
Avg EPS beat(12)23.64%
EPS beat(16)13
Avg EPS beat(16)26.71%
Revenue beat(2)2
Avg Revenue beat(2)1.58%
Min Revenue beat(2)0.51%
Max Revenue beat(2)2.66%
Revenue beat(4)4
Avg Revenue beat(4)2.33%
Min Revenue beat(4)0.51%
Max Revenue beat(4)3.42%
Revenue beat(8)8
Avg Revenue beat(8)2.9%
Revenue beat(12)12
Avg Revenue beat(12)3.89%
Revenue beat(16)14
Avg Revenue beat(16)2.87%
PT rev (1m)-0.1%
PT rev (3m)7.29%
EPS NQ rev (1m)2.57%
EPS NQ rev (3m)8.37%
EPS NY rev (1m)2.3%
EPS NY rev (3m)11.02%
Revenue NQ rev (1m)5.31%
Revenue NQ rev (3m)5%
Revenue NY rev (1m)2.64%
Revenue NY rev (3m)3.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 90.71 | ||
| Fwd PE | 60.15 | ||
| P/S | 10.48 | ||
| P/FCF | 82.05 | ||
| P/OCF | 56.68 | ||
| P/B | 17.31 | ||
| P/tB | 19.54 | ||
| EV/EBITDA | 55.55 |
EPS(TTM)3.61
EY1.1%
EPS(NY)5.44
Fwd EY1.66%
FCF(TTM)3.99
FCFY1.22%
OCF(TTM)5.78
OCFY1.76%
SpS31.25
BVpS18.91
TBVpS16.76
PEG (NY)2.83
PEG (5Y)1.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.43% | ||
| ROE | 30.22% | ||
| ROCE | 11.37% | ||
| ROIC | 8.98% | ||
| ROICexc | 14.62% | ||
| ROICexgc | 15.93% | ||
| OM | 15.5% | ||
| PM (TTM) | 18.29% | ||
| GM | 70.39% | ||
| FCFM | 12.77% |
ROA(3y)7.24%
ROA(5y)4.58%
ROE(3y)21.22%
ROE(5y)13.56%
ROIC(3y)6.4%
ROIC(5y)5.42%
ROICexc(3y)9.71%
ROICexc(5y)8.89%
ROICexgc(3y)10.75%
ROICexgc(5y)9.79%
ROCE(3y)8.12%
ROCE(5y)6.87%
ROICexcg growth 3Y16.78%
ROICexcg growth 5Y18.66%
ROICexc growth 3Y15.99%
ROICexc growth 5Y18.5%
OM growth 3Y9.15%
OM growth 5Y17.1%
PM growth 3Y136.37%
PM growth 5Y66.64%
GM growth 3Y0.65%
GM growth 5Y1.41%
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 6.04 | ||
| Debt/EBITDA | 3.8 | ||
| Cap/Depr | 150.18% | ||
| Cap/Sales | 5.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.76% | ||
| Profit Quality | 69.82% | ||
| Current Ratio | 4.47 | ||
| Quick Ratio | 3.63 | ||
| Altman-Z | 7.91 |
F-Score7
WACC8.73%
ROIC/WACC1.03
Cap/Depr(3y)188.25%
Cap/Depr(5y)215.81%
Cap/Sales(3y)8.32%
Cap/Sales(5y)10.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.11%
EPS 3Y58.9%
EPS 5Y79.24%
EPS Q2Q%38.36%
EPS Next Y32.07%
EPS Next 2Y27.86%
EPS Next 3Y25.94%
EPS Next 5Y20.57%
Revenue 1Y (TTM)23.49%
Revenue growth 3Y23.54%
Revenue growth 5Y22.92%
Sales Q2Q%28.82%
Revenue Next Year22.22%
Revenue Next 2Y19.87%
Revenue Next 3Y18.54%
Revenue Next 5Y15.04%
EBIT growth 1Y36.76%
EBIT growth 3Y34.84%
EBIT growth 5Y43.94%
EBIT Next Year79.29%
EBIT Next 3Y37.9%
EBIT Next 5Y30.34%
FCF growth 1Y719.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y205.18%
OCF growth 3YN/A
OCF growth 5Y34.32%