PERFORMANCE SHIPPING INC (PSHG) Stock Fundamental Analysis
NASDAQ:PSHG - Nasdaq - MHY673051543 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to PSHG. PSHG was compared to 36 industry peers in the Marine Transportation industry. While PSHG has a great profitability rating, there are some minor concerns on its financial health. PSHG has a bad growth rate and is valued cheaply. With these ratings, PSHG could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
PSHG had positive earnings in the past year.
PSHG had a positive operating cash flow in the past year.
Of the past 5 years PSHG 4 years were profitable.
PSHG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PSHG's Return On Assets of 12.68% is amongst the best of the industry. PSHG outperforms 88.89% of its industry peers.
With an excellent Return On Equity value of 15.22%, PSHG belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.47%, PSHG is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PSHG is above the industry average of 9.54%.
| 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
PSHG has a better Profit Margin (47.91%) than 88.89% of its industry peers.
PSHG has a better Operating Margin (47.82%) than 86.11% of its industry peers.
The Gross Margin of PSHG (72.56%) is better than 86.11% of its industry peers.
PSHG's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PSHG is creating some value.
Compared to 1 year ago, PSHG has more shares outstanding
The number of shares outstanding for PSHG has been increased compared to 5 years ago.
The debt/assets ratio for PSHG has been reduced compared to a year ago.
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.
PSHG has a Altman-Z score of 0.04. This is in the lower half of the industry: PSHG underperforms 69.44% of its industry peers.
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.
The Debt to FCF ratio of PSHG (3.80) is better than 72.22% of its industry peers.
PSHG has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
PSHG has a Debt to Equity ratio of 0.15. This is amongst the best in the industry. PSHG outperforms 80.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.8 | ||
| Altman-Z | 0.04 |
ROIC/WACC1.28
WACC8.19%
2.3 Liquidity
A Current Ratio of 5.29 indicates that PSHG has no problem at all paying its short term obligations.
PSHG has a better Current ratio (5.29) than 94.44% 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.
With an excellent Quick ratio value of 5.26, PSHG belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.29 | ||
| Quick Ratio | 5.26 |
3. Growth
3.1 Past
PSHG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.97%.
Looking at the last year, PSHG shows a very negative growth in Revenue. The Revenue has decreased by -19.73% in the last year.
Measured over the past years, PSHG shows a very strong growth in Revenue. The Revenue has been growing by 69.23% on average per year.
EPS 1Y (TTM)-28.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-15.38%
Revenue 1Y (TTM)-19.73%
Revenue growth 3Y33.82%
Revenue growth 5Y69.23%
Sales Q2Q%-11.53%
3.2 Future
PSHG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.26% yearly.
PSHG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.81% yearly.
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
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 1.62, the valuation of PSHG can be described as very cheap.
97.22% of the companies in the same industry are more expensive than PSHG, based on the Price/Earnings ratio.
PSHG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
The Price/Forward Earnings ratio is 1.88, which indicates a rather cheap valuation of PSHG.
Based on the Price/Forward Earnings ratio, PSHG is valued cheaper than 100.00% of the companies in the same industry.
PSHG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 1.88 |
4.2 Price Multiples
94.44% of the companies in the same industry are more expensive than PSHG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.66 | ||
| EV/EBITDA | -0.06 |
4.3 Compensation for Growth
PSHG's 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 |
1.67
+0.02 (+1.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners4.53%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap20.76M
Analysts82.5
Price Target5.36 (220.96%)
Short Float %5.81%
Short Ratio5.18
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)0%
EPS NY rev (3m)102.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 1.88 | ||
| P/S | 0.24 | ||
| P/FCF | 1.66 | ||
| P/OCF | 0.35 | ||
| P/B | 0.08 | ||
| P/tB | 0.08 | ||
| EV/EBITDA | -0.06 |
EPS(TTM)1.03
EY61.68%
EPS(NY)0.89
Fwd EY53.14%
FCF(TTM)1
FCFY60.13%
OCF(TTM)4.82
OCFY288.54%
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
WACC8.19%
ROIC/WACC1.28
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)-28.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-15.38%
EPS Next Y62.11%
EPS Next 2Y-10.99%
EPS Next 3Y1.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.73%
Revenue growth 3Y33.82%
Revenue growth 5Y69.23%
Sales Q2Q%-11.53%
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 3Y5.09%
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