PROG HOLDINGS INC (PRG) Stock Fundamental Analysis
USA - NYSE:PRG - US74319R1014 - Common Stock
31.49 USD
-0.08 (-0.25%)
31.49 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PRG. PRG was compared to 55 industry peers in the Consumer Finance industry. PRG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PRG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
PRG had positive earnings in the past year.
PRG had a positive operating cash flow in the past year.
PRG had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PRG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PRG (10.60%) is better than 87.27% of its industry peers.
With an excellent Return On Equity value of 23.29%, PRG belongs to the best of the industry, outperforming 83.64% of the companies in the same industry.
PRG has a better Return On Invested Capital (11.22%) than 83.64% of its industry peers.
PRG had an Average Return On Invested Capital over the past 3 years of 11.83%. This is in line with the industry average of 10.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 23.29% | ||
| ROIC | 11.22% |
ROA(3y)9.65%
ROA(5y)7.86%
ROE(3y)23.71%
ROE(5y)20.15%
ROIC(3y)11.83%
ROIC(5y)13.95%
1.3 Margins
PRG's Profit Margin of 6.54% is in line compared to the rest of the industry. PRG outperforms 43.64% of its industry peers.
PRG's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 8.88%, PRG perfoms like the industry average, outperforming 52.73% of the companies in the same industry.
In the last couple of years the Operating Margin of PRG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.88% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A |
OM growth 3Y-10.82%
OM growth 5Y1.88%
PM growth 3Y-4.16%
PM growth 5Y58.6%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PRG is still creating some value.
Compared to 1 year ago, PRG has less shares outstanding
Compared to 5 years ago, PRG has less shares outstanding
Compared to 1 year ago, PRG has a worse debt to assets ratio.
2.2 Solvency
PRG has an Altman-Z score of 4.60. This indicates that PRG is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PRG (4.60) is better than 92.73% of its industry peers.
The Debt to FCF ratio of PRG is 2.01, which is a good value as it means it would take PRG, 2.01 years of fcf income to pay off all of its debts.
PRG has a better Debt to FCF ratio (2.01) than 83.64% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that PRG is somewhat dependend on debt financing.
PRG has a Debt to Equity ratio of 0.85. This is in the better half of the industry: PRG outperforms 65.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 4.6 |
ROIC/WACC1.13
WACC9.93%
2.3 Liquidity
PRG has a Current Ratio of 2.82. This indicates that PRG is financially healthy and has no problem in meeting its short term obligations.
PRG's Current ratio of 2.82 is fine compared to the rest of the industry. PRG outperforms 76.36% of its industry peers.
PRG has a Quick Ratio of 2.82. This indicates that PRG is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of PRG (2.82) is better than 76.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
PRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.04%, which is quite good.
The Earnings Per Share has been decreasing by -2.66% on average over the past years.
PRG shows a small growth in Revenue. In the last year, the Revenue has grown by 3.71%.
Measured over the past years, PRG shows a decrease in Revenue. The Revenue has been decreasing by -9.00% on average per year.
EPS 1Y (TTM)9.04%
EPS 3Y-4.63%
EPS 5Y-2.66%
EPS Q2Q%16.88%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
3.2 Future
PRG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.87% yearly.
The Revenue is expected to grow by 2.56% on average over the next years.
EPS Next Y-0.97%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
EPS Next 5Y9.87%
Revenue Next Year0.89%
Revenue Next 2Y2.22%
Revenue Next 3Y3.57%
Revenue Next 5Y2.56%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.70, the valuation of PRG can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of PRG indicates a somewhat cheap valuation: PRG is cheaper than 65.45% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PRG to the average of the S&P500 Index (26.83), we can say PRG is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.43, the valuation of PRG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, PRG is valued a bit cheaper than the industry average as 61.82% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PRG to the average of the S&P500 Index (22.88), we can say PRG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 8.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PRG is valued cheaper than 94.55% of the companies in the same industry.
69.09% of the companies in the same industry are more expensive than PRG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.21 | ||
| EV/EBITDA | 0.83 |
4.3 Compensation for Growth
PRG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.82%
EPS Next 3Y10.04%
5. Dividend
5.1 Amount
PRG has a Yearly Dividend Yield of 1.64%.
Compared to an average industry Dividend Yield of 4.52, PRG pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.30, PRG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
5.2 History
On average, the dividend of PRG grows each year by 39.80%, which is quite nice.
PRG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)39.8%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PRG pays out 12.57% of its income as dividend. This is a sustainable payout ratio.
The dividend of PRG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.57%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
31.49
-0.08 (-0.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners100.96%
Inst Owner Change0.45%
Ins Owners1.85%
Ins Owner Change4.9%
Market Cap1.25B
Revenue(TTM)2.51B
Net Income(TTM)163.87M
Analysts74.55
Price Target39.34 (24.93%)
Short Float %4.92%
Short Ratio4.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend0.48
Dividend Growth(5Y)39.8%
DP12.57%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.32%
Min EPS beat(2)20.49%
Max EPS beat(2)26.15%
EPS beat(4)4
Avg EPS beat(4)14.5%
Min EPS beat(4)3.54%
Max EPS beat(4)26.15%
EPS beat(8)7
Avg EPS beat(8)11.66%
EPS beat(12)11
Avg EPS beat(12)20.63%
EPS beat(16)13
Avg EPS beat(16)15.31%
Revenue beat(2)2
Avg Revenue beat(2)1.37%
Min Revenue beat(2)0.53%
Max Revenue beat(2)2.21%
Revenue beat(4)3
Avg Revenue beat(4)0.83%
Min Revenue beat(4)-0.13%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)1.06%
Revenue beat(12)11
Avg Revenue beat(12)1.17%
Revenue beat(16)11
Avg Revenue beat(16)0.35%
PT rev (1m)0%
PT rev (3m)4.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.53%
EPS NY rev (1m)0%
EPS NY rev (3m)6.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.7 | ||
| Fwd PE | 8.43 | ||
| P/S | 0.5 | ||
| P/FCF | 4.21 | ||
| P/OCF | 4.08 | ||
| P/B | 1.77 | ||
| P/tB | 3.6 | ||
| EV/EBITDA | 0.83 |
EPS(TTM)3.62
EY11.5%
EPS(NY)3.74
Fwd EY11.86%
FCF(TTM)7.48
FCFY23.74%
OCF(TTM)7.72
OCFY24.53%
SpS63.41
BVpS17.79
TBVpS8.74
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 23.29% | ||
| ROCE | 15.85% | ||
| ROIC | 11.22% | ||
| ROICexc | 14.17% | ||
| ROICexgc | 21.29% | ||
| OM | 8.88% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A | ||
| FCFM | 11.79% |
ROA(3y)9.65%
ROA(5y)7.86%
ROE(3y)23.71%
ROE(5y)20.15%
ROIC(3y)11.83%
ROIC(5y)13.95%
ROICexc(3y)13.13%
ROICexc(5y)15.3%
ROICexgc(3y)19.8%
ROICexgc(5y)24.01%
ROCE(3y)16.72%
ROCE(5y)19.71%
ROICexgc growth 3Y-17.04%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y-13.9%
ROICexc growth 5Y4.64%
OM growth 3Y-10.82%
OM growth 5Y1.88%
PM growth 3Y-4.16%
PM growth 5Y58.6%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover1.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 2.01 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 0.59% | ||
| Cap/Sales | 0.39% | ||
| Interest Coverage | 5.94 | ||
| Cash Conversion | 16.29% | ||
| Profit Quality | 180.42% | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 4.6 |
F-Score6
WACC9.93%
ROIC/WACC1.13
Cap/Depr(3y)0.55%
Cap/Depr(5y)1%
Cap/Sales(3y)0.37%
Cap/Sales(5y)0.81%
Profit Quality(3y)147.35%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.04%
EPS 3Y-4.63%
EPS 5Y-2.66%
EPS Q2Q%16.88%
EPS Next Y-0.97%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
EPS Next 5Y9.87%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
Revenue Next Year0.89%
Revenue Next 2Y2.22%
Revenue Next 3Y3.57%
Revenue Next 5Y2.56%
EBIT growth 1Y5.18%
EBIT growth 3Y-13.27%
EBIT growth 5Y-7.29%
EBIT Next Year34.49%
EBIT Next 3Y14.42%
EBIT Next 5Y9.69%
FCF growth 1Y21.8%
FCF growth 3Y-18.03%
FCF growth 5Y-10.3%
OCF growth 1Y21.24%
OCF growth 3Y-17.42%
OCF growth 5Y-15.27%
PROG HOLDINGS INC / PRG FAQ
Can you provide the ChartMill fundamental rating for PROG HOLDINGS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PRG.
What is the valuation status for PRG stock?
ChartMill assigns a valuation rating of 6 / 10 to PROG HOLDINGS INC (PRG). This can be considered as Fairly Valued.
How profitable is PROG HOLDINGS INC (PRG) stock?
PROG HOLDINGS INC (PRG) has a profitability rating of 6 / 10.
What is the valuation of PROG HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PROG HOLDINGS INC (PRG) is 8.7 and the Price/Book (PB) ratio is 1.77.
How sustainable is the dividend of PROG HOLDINGS INC (PRG) stock?
The dividend rating of PROG HOLDINGS INC (PRG) is 5 / 10 and the dividend payout ratio is 12.57%.