PERFORMANCE SHIPPING INC (PSHG) Stock Fundamental Analysis
NASDAQ:PSHG - Nasdaq - MHY673051543 - Common Stock - Currency: USD
Taking everything into account, PSHG scores 6 out of 10 in our fundamental rating. PSHG was compared to 34 industry peers in the Marine Transportation industry. While PSHG belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PSHG is valued quite cheap, while showing a decent growth score. This is a good combination! This makes PSHG very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year PSHG was profitable.
PSHG had a positive operating cash flow in the past year.
Of the past 5 years PSHG 4 years were profitable.
Of the past 5 years PSHG 4 years had a positive operating cash flow.
1.2 Ratios
PSHG has a better Return On Assets (12.68%) than 91.18% of its industry peers.
The Return On Equity of PSHG (15.22%) is better than 82.35% of its industry peers.
PSHG has a better Return On Invested Capital (10.47%) than 79.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PSHG is above the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.68% | ||
| ROE | 15.22% | ||
| ROIC | 10.47% |
ROA(3y)12%
ROA(5y)6.52%
ROE(3y)15.78%
ROE(5y)8.32%
ROIC(3y)12.11%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 47.91%, PSHG belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
PSHG's Operating Margin of 47.82% is amongst the best of the industry. PSHG outperforms 85.29% of its industry peers.
PSHG's Gross Margin of 72.56% is amongst the best of the industry. PSHG outperforms 85.29% of its industry peers.
In the last couple of years the Gross Margin of PSHG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.82% | ||
| PM (TTM) | 47.91% | ||
| GM | 72.56% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y74.42%
GM growth 5Y10.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PSHG is still creating some value.
Compared to 1 year ago, PSHG has more shares outstanding
Compared to 5 years ago, PSHG has more shares outstanding
Compared to 1 year ago, PSHG has an improved debt to assets ratio.
2.2 Solvency
PSHG has an Altman-Z score of 0.04. This is a bad value and indicates that PSHG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.04, PSHG is doing worse than 70.59% of the companies in the same industry.
The Debt to FCF ratio of PSHG is 3.80, which is a good value as it means it would take PSHG, 3.80 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.80, PSHG is in the better half of the industry, outperforming 73.53% of the companies in the same industry.
A Debt/Equity ratio of 0.15 indicates that PSHG is not too dependend on debt financing.
PSHG has a better Debt to Equity ratio (0.15) than 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.8 | ||
| Altman-Z | 0.04 |
ROIC/WACC1.29
WACC8.13%
2.3 Liquidity
A Current Ratio of 5.29 indicates that PSHG has no problem at all paying its short term obligations.
PSHG's Current ratio of 5.29 is amongst the best of the industry. PSHG outperforms 94.12% of its industry peers.
PSHG has a Quick Ratio of 5.26. This indicates that PSHG is financially healthy and has no problem in meeting its short term obligations.
PSHG has a Quick ratio of 5.26. This is amongst the best in the industry. PSHG outperforms 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.29 | ||
| Quick Ratio | 5.26 |
3. Growth
3.1 Past
PSHG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.16%.
Looking at the last year, PSHG shows a very negative growth in Revenue. The Revenue has decreased by -15.11% in the last year.
PSHG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 69.23% yearly.
EPS 1Y (TTM)3.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-17.24%
Revenue 1Y (TTM)-15.11%
Revenue growth 3Y33.82%
Revenue growth 5Y69.23%
Sales Q2Q%-4.64%
3.2 Future
Based on estimates for the next years, PSHG will show a small growth in Earnings Per Share. The EPS will grow by 1.26% on average per year.
The Revenue is expected to grow by 6.81% on average over the next years.
EPS Next Y62.11%
EPS Next 2Y-10.99%
EPS Next 3Y1.26%
EPS Next 5YN/A
Revenue Next Year-7.42%
Revenue Next 2Y6.82%
Revenue Next 3Y6.81%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 1.57, the valuation of PSHG can be described as very cheap.
PSHG's Price/Earnings ratio is rather cheap when compared to the industry. PSHG is cheaper than 91.18% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, PSHG is valued rather cheaply.
A Price/Forward Earnings ratio of 1.89 indicates a rather cheap valuation of PSHG.
PSHG's Price/Forward Earnings ratio is rather cheap when compared to the industry. PSHG is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.90. PSHG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.57 | ||
| Fwd PE | 1.89 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PSHG indicates a rather cheap valuation: PSHG is cheaper than 91.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.67 | ||
| EV/EBITDA | -0.05 |
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.
PSHG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y-10.99%
EPS Next 3Y1.26%
5. Dividend
5.1 Amount
PSHG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.68
-0.04 (-2.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners4.53%
Inst Owner Change-4.72%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap20.88M
Analysts82.5
Price Target5.87 (249.4%)
Short Float %5.82%
Short Ratio6.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP4.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.23%
Min EPS beat(2)-11.04%
Max EPS beat(2)25.49%
EPS beat(4)2
Avg EPS beat(4)5.46%
Min EPS beat(4)-11.04%
Max EPS beat(4)25.49%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-4.89%
Max Revenue beat(2)3.91%
Revenue beat(4)1
Avg Revenue beat(4)-3.19%
Min Revenue beat(4)-11.04%
Max Revenue beat(4)3.91%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)102.39%
EPS NY rev (3m)71.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.17%
Revenue NY rev (3m)-2.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.57 | ||
| Fwd PE | 1.89 | ||
| P/S | 0.24 | ||
| P/FCF | 1.67 | ||
| P/OCF | 0.35 | ||
| P/B | 0.08 | ||
| P/tB | 0.08 | ||
| EV/EBITDA | -0.05 |
EPS(TTM)1.07
EY63.69%
EPS(NY)0.89
Fwd EY52.82%
FCF(TTM)1
FCFY59.77%
OCF(TTM)4.82
OCFY286.83%
SpS7.03
BVpS22.14
TBVpS22.14
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.68% | ||
| ROE | 15.22% | ||
| ROCE | 13.25% | ||
| ROIC | 10.47% | ||
| ROICexc | 13.53% | ||
| ROICexgc | 13.53% | ||
| OM | 47.82% | ||
| PM (TTM) | 47.91% | ||
| GM | 72.56% | ||
| FCFM | 14.27% |
ROA(3y)12%
ROA(5y)6.52%
ROE(3y)15.78%
ROE(5y)8.32%
ROIC(3y)12.11%
ROIC(5y)N/A
ROICexc(3y)15.44%
ROICexc(5y)N/A
ROICexgc(3y)15.44%
ROICexgc(5y)N/A
ROCE(3y)15.33%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y74.42%
GM growth 5Y10.94%
F-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.8 | ||
| Debt/EBITDA | 0.73 | ||
| Cap/Depr | 355.54% | ||
| Cap/Sales | 54.22% | ||
| Interest Coverage | 11.85 | ||
| Cash Conversion | 108.61% | ||
| Profit Quality | 29.79% | ||
| Current Ratio | 5.29 | ||
| Quick Ratio | 5.26 | ||
| Altman-Z | 0.04 |
F-Score5
WACC8.13%
ROIC/WACC1.29
Cap/Depr(3y)152.91%
Cap/Depr(5y)97.28%
Cap/Sales(3y)22.65%
Cap/Sales(5y)14.68%
Profit Quality(3y)130.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-17.24%
EPS Next Y62.11%
EPS Next 2Y-10.99%
EPS Next 3Y1.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.11%
Revenue growth 3Y33.82%
Revenue growth 5Y69.23%
Sales Q2Q%-4.64%
Revenue Next Year-7.42%
Revenue Next 2Y6.82%
Revenue Next 3Y6.81%
Revenue Next 5YN/A
EBIT growth 1Y-30.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year10.5%
EBIT Next 3Y23.83%
EBIT Next 5YN/A
FCF growth 1Y-77.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.86%
OCF growth 3YN/A
OCF growth 5YN/A