INSULET CORP (PODD) Stock Fundamental Analysis
NASDAQ:PODD - Nasdaq - US45784P1012 - Common Stock - Currency: USD
PODD gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 187 industry peers in the Health Care Equipment & Supplies industry. While PODD has a great profitability rating, 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 could make PODD a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
PODD had positive earnings in the past year.
In the past year PODD had a positive cash flow from operations.
PODD had positive earnings in each of the past 5 years.
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 94.12% 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 98.40% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.98%, PODD belongs to the best of the industry, outperforming 89.30% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PODD is in line with the industry average of 7.91%.
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
The Profit Margin of PODD (18.29%) is better than 94.12% of its industry peers.
In the last couple of years the Profit Margin of PODD has grown nicely.
With an excellent Operating Margin value of 15.50%, PODD belongs to the best of the industry, outperforming 86.10% 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 81.28% of its industry peers.
In the last couple of years the Gross Margin of PODD has remained more or less at the same level.
| 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.
Compared to 1 year ago, PODD has more shares outstanding
The number of shares outstanding for PODD has been increased compared to 5 years ago.
PODD has a better debt/assets ratio than last year.
2.2 Solvency
PODD has an Altman-Z score of 7.12. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 7.12, PODD belongs to the best of the industry, outperforming 85.56% of the companies in the same industry.
The Debt to FCF ratio of PODD is 6.04, which is on the high side as it means it would take PODD, 6.04 years of fcf income to pay off all of its debts.
PODD has a better Debt to FCF ratio (6.04) than 78.61% of its industry peers.
A Debt/Equity ratio of 1.21 is on the high side and indicates that PODD has dependencies on debt financing.
The Debt to Equity ratio of PODD (1.21) is worse than 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 7.12 |
ROIC/WACC1.04
WACC8.62%
2.3 Liquidity
PODD has a Current Ratio of 4.47. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PODD (4.47) is better than 70.05% 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.
With a decent Quick ratio value of 3.63, PODD is doing good in the industry, outperforming 68.98% of the companies in the same industry.
| 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%.
The Revenue has been growing by 22.92% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 21.65% on average over the next years. This is a very strong growth
PODD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.06% yearly.
EPS Next Y32.73%
EPS Next 2Y28.14%
EPS Next 3Y26.54%
EPS Next 5Y21.65%
Revenue Next Year23.03%
Revenue Next 2Y20.22%
Revenue Next 3Y18.83%
Revenue Next 5Y16.06%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 79.39, which means the current valuation is very expensive for PODD.
64.71% of the companies in the same industry are more expensive than PODD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.35, PODD is valued quite expensively.
PODD is valuated quite expensively with a Price/Forward Earnings ratio of 52.41.
Based on the Price/Forward Earnings ratio, PODD is valued a bit cheaper than 67.38% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.54, PODD is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.39 | ||
| Fwd PE | 52.41 |
4.2 Price Multiples
PODD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PODD is cheaper than 66.84% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PODD is valued a bit cheaper than 71.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.81 | ||
| EV/EBITDA | 48.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of PODD may justify a higher PE ratio.
PODD's earnings are expected to grow with 26.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.43
PEG (5Y)1
EPS Next 2Y28.14%
EPS Next 3Y26.54%
5. Dividend
5.1 Amount
PODD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
286.58
-0.09 (-0.03%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners102.51%
Inst Owner Change-0.46%
Ins Owners0.28%
Ins Owner Change2.78%
Market Cap20.16B
Analysts84.38
Price Target345.71 (20.63%)
Short Float %3.16%
Short Ratio2.55
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)17.27%
Min EPS beat(2)10.04%
Max EPS beat(2)24.5%
EPS beat(4)3
Avg EPS beat(4)11.59%
Min EPS beat(4)-4.04%
Max EPS beat(4)24.5%
EPS beat(8)7
Avg EPS beat(8)44.27%
EPS beat(12)10
Avg EPS beat(12)23.75%
EPS beat(16)13
Avg EPS beat(16)26.79%
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)1.32%
PT rev (3m)6.88%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)2.64%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)2.81%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)5.99%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)3.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 79.39 | ||
| Fwd PE | 52.41 | ||
| P/S | 9.17 | ||
| P/FCF | 71.81 | ||
| P/OCF | 49.6 | ||
| P/B | 15.15 | ||
| P/tB | 17.1 | ||
| EV/EBITDA | 48.77 |
EPS(TTM)3.61
EY1.26%
EPS(NY)5.47
Fwd EY1.91%
FCF(TTM)3.99
FCFY1.39%
OCF(TTM)5.78
OCFY2.02%
SpS31.25
BVpS18.91
TBVpS16.76
PEG (NY)2.43
PEG (5Y)1
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 | 7.12 |
F-Score7
WACC8.62%
ROIC/WACC1.04
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 Y32.73%
EPS Next 2Y28.14%
EPS Next 3Y26.54%
EPS Next 5Y21.65%
Revenue 1Y (TTM)23.49%
Revenue growth 3Y23.54%
Revenue growth 5Y22.92%
Sales Q2Q%28.82%
Revenue Next Year23.03%
Revenue Next 2Y20.22%
Revenue Next 3Y18.83%
Revenue Next 5Y16.06%
EBIT growth 1Y36.76%
EBIT growth 3Y34.84%
EBIT growth 5Y43.94%
EBIT Next Year86.37%
EBIT Next 3Y40.4%
EBIT Next 5Y30.97%
FCF growth 1Y719.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y205.18%
OCF growth 3YN/A
OCF growth 5Y34.32%