PERFORMANCE SHIPPING INC (PSHG)

MHY673051543 - Common Stock

1.9  +0.02 (+1.06%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to PSHG. PSHG was compared to 30 industry peers in the Marine Transportation industry. There are concerns on the financial health of PSHG while its profitability can be described as average. PSHG is not valued too expensively and it also shows a decent growth rate.



6

1. Profitability

1.1 Basic Checks

In the past year PSHG was profitable.
In multiple years PSHG reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: PSHG reported negative operating cash flow in multiple years.

1.2 Ratios

The Return On Assets of PSHG (19.21%) is better than 89.66% of its industry peers.
PSHG's Return On Equity of 24.41% is fine compared to the rest of the industry. PSHG outperforms 79.31% of its industry peers.
Industry RankSector Rank
ROA 19.21%
ROE 24.41%
ROIC N/A
ROA(3y)5.54%
ROA(5y)-0.93%
ROE(3y)7%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

With an excellent Profit Margin value of 52.25%, PSHG belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
PSHG's Profit Margin has improved in the last couple of years.
PSHG has a Operating Margin of 55.00%. This is amongst the best in the industry. PSHG outperforms 93.10% of its industry peers.
PSHG's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 75.92%, PSHG belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
In the last couple of years the Gross Margin of PSHG has grown nicely.
Industry RankSector Rank
OM 55%
PM (TTM) 52.25%
GM 75.92%
OM growth 3Y75.07%
OM growth 5YN/A
PM growth 3Y61.77%
PM growth 5YN/A
GM growth 3Y20.17%
GM growth 5YN/A

1

2. Health

2.1 Basic Checks

PSHG does not have a ROIC to compare to the WACC, probably because it is not profitable.
PSHG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PSHG has been increased compared to 5 years ago.
Compared to 1 year ago, PSHG has an improved debt to assets ratio.

2.2 Solvency

A Debt/Equity ratio of 0.24 indicates that PSHG is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.24, PSHG is doing good in the industry, outperforming 75.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC3.84%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 104.32% over the past year.
Measured over the past years, PSHG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -53.29% on average per year.
Looking at the last year, PSHG shows a very strong growth in Revenue. The Revenue has grown by 44.91%.
The Revenue has been growing by 37.34% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)104.32%
EPS 3Y-53.29%
EPS 5YN/A
EPS growth Q2Q-46.61%
Revenue 1Y (TTM)44.91%
Revenue growth 3Y37.34%
Revenue growth 5YN/A
Revenue growth Q2Q-14.15%

3.2 Future

PSHG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -24.56% yearly.
Based on estimates for the next years, PSHG will show a decrease in Revenue. The Revenue will decrease by -1.47% on average per year.
EPS Next Y-37.77%
EPS Next 2Y-24.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-13.21%
Revenue Next 2Y-8.34%
Revenue Next 3Y-1.47%
Revenue Next 5YN/A

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 decreasing.

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 1.10, the valuation of PSHG can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of PSHG indicates a rather cheap valuation: PSHG is cheaper than 93.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.42, PSHG is valued rather cheaply.
With a Price/Forward Earnings ratio of 1.59, the valuation of PSHG can be described as very cheap.
100.00% of the companies in the same industry are more expensive than PSHG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PSHG to the average of the S&P500 Index (22.74), we can say PSHG is valued rather cheaply.
Industry RankSector Rank
PE 1.1
Fwd PE 1.59

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

The decent profitability rating of PSHG may justify a higher PE ratio.
A cheap valuation may be justified as PSHG's earnings are expected to decrease with -24.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-24.56%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

PSHG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

PERFORMANCE SHIPPING INC

NASDAQ:PSHG (3/27/2024, 8:00:01 PM)

1.9

+0.02 (+1.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap23.33M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 1.1
Fwd PE 1.59
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 19.21%
ROE 24.41%
ROCE
ROIC
ROICexc
ROICexgc
OM 55%
PM (TTM) 52.25%
GM 75.92%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.24
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio N/A
Quick Ratio N/A
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)104.32%
EPS 3Y-53.29%
EPS 5Y
EPS growth Q2Q
EPS Next Y-37.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)44.91%
Revenue growth 3Y37.34%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y