PROG HOLDINGS INC (PRG) Stock Fundamental Analysis
USA - NYSE:PRG - US74319R1014 - Common Stock
27.34 USD
-0.41 (-1.48%)
27.34 USD
0 (0%)
Taking everything into account, PRG scores 6 out of 10 in our fundamental rating. 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 is valued quite cheap, while showing a decent growth score. This is a good combination! This makes PRG very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year PRG was profitable.
In the past year PRG had a positive cash flow from operations.
Of the past 5 years PRG 4 years were profitable.
Each year in the past 5 years PRG had a positive operating cash flow.
1.2 Ratios
PRG has a Return On Assets of 10.60%. This is amongst the best in the industry. PRG outperforms 87.27% of its industry peers.
Looking at the Return On Equity, with a value of 23.29%, PRG belongs to the top of the industry, outperforming 83.64% of the companies in the same industry.
PRG's Return On Invested Capital of 11.22% is amongst the best of the industry. PRG outperforms 83.64% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRG is in line with the industry average of 11.72%.
| 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.
In the last couple of years the Profit Margin of PRG has grown nicely.
PRG has a Operating Margin of 8.88%. This is comparable to the rest of the industry: PRG outperforms 52.73% of its industry peers.
PRG's Operating Margin has improved in the last couple of years.
| 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
The number of shares outstanding for PRG has been reduced compared to 5 years ago.
Compared to 1 year ago, PRG has a worse debt to assets ratio.
2.2 Solvency
PRG has an Altman-Z score of 4.49. This indicates that PRG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.49, PRG belongs to the top of the industry, outperforming 92.73% of the companies in the same industry.
PRG has a debt to FCF ratio of 2.01. This is a good value and a sign of high solvency as PRG would need 2.01 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.01, PRG belongs to the best of the industry, outperforming 83.64% of the companies in the same industry.
A Debt/Equity ratio of 0.85 indicates that PRG is somewhat dependend on debt financing.
PRG's Debt to Equity ratio of 0.85 is fine compared to the rest 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 | 4.49 |
ROIC/WACC1.15
WACC9.72%
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 has a better Current ratio (2.82) than 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.
Looking at the Quick ratio, with a value of 2.82, PRG is in the better half of the industry, outperforming 76.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.04% over the past year.
The Earnings Per Share has been decreasing by -2.66% on average over the past years.
The Revenue has been growing slightly by 3.71% in the past year.
PRG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -9.00% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
PRG is valuated cheaply with a Price/Earnings ratio of 7.55.
Compared to the rest of the industry, the Price/Earnings ratio of PRG indicates a somewhat cheap valuation: PRG is cheaper than 69.09% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PRG to the average of the S&P500 Index (25.83), we can say PRG is valued rather cheaply.
The Price/Forward Earnings ratio is 7.32, which indicates a rather cheap valuation of PRG.
Based on the Price/Forward Earnings ratio, PRG is valued a bit cheaper than 69.09% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, PRG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 7.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRG indicates a rather cheap valuation: PRG is cheaper than 94.55% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRG indicates a somewhat cheap valuation: PRG is cheaper than 69.09% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.66 | ||
| EV/EBITDA | 0.75 |
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
With a Yearly Dividend Yield of 1.84%, PRG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.79, PRG pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.39, PRG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
On average, the dividend of PRG grows each year by 39.80%, which is quite nice.
PRG has been paying a dividend for at least 10 years, so it has 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.
PRG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.57%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
27.34
-0.41 (-1.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners100.96%
Inst Owner Change0.7%
Ins Owners1.85%
Ins Owner Change4.9%
Market Cap1.08B
Revenue(TTM)2.51B
Net Income(TTM)163.87M
Analysts74.55
Price Target39.78 (45.5%)
Short Float %4.92%
Short Ratio4.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
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)1.11%
PT rev (3m)5.41%
EPS NQ rev (1m)-8.75%
EPS NQ rev (3m)-6.14%
EPS NY rev (1m)0%
EPS NY rev (3m)6.7%
Revenue NQ rev (1m)-1.99%
Revenue NQ rev (3m)-2.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.55 | ||
| Fwd PE | 7.32 | ||
| P/S | 0.43 | ||
| P/FCF | 3.66 | ||
| P/OCF | 3.54 | ||
| P/B | 1.54 | ||
| P/tB | 3.13 | ||
| EV/EBITDA | 0.75 |
EPS(TTM)3.62
EY13.24%
EPS(NY)3.74
Fwd EY13.66%
FCF(TTM)7.48
FCFY27.35%
OCF(TTM)7.72
OCFY28.25%
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 | 4.49 |
F-Score6
WACC9.72%
ROIC/WACC1.15
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 7 / 10 to PROG HOLDINGS INC (PRG). This can be considered as Undervalued.
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 7.55 and the Price/Book (PB) ratio is 1.54.
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%.