P.A.M. TRANSPORTATION SVCS (PTSI) Stock Fundamental Analysis
NASDAQ:PTSI - Nasdaq - US6931491061 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to PTSI. PTSI was compared to 40 industry peers in the Ground Transportation industry. While PTSI has a great health rating, its profitability is only average at the moment. PTSI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PTSI had negative earnings in the past year.
PTSI had a positive operating cash flow in the past year.
Each year in the past 5 years PTSI has been profitable.
In the past 5 years PTSI always reported a positive cash flow from operatings.
1.2 Ratios
PTSI has a worse Return On Assets (0.17%) than 73.68% of its industry peers.
PTSI has a Return On Equity of 0.40%. This is in the lower half of the industry: PTSI underperforms 68.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.74%, PTSI is doing worse than 76.32% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PTSI is above the industry average of 8.58%.
The 3 year average ROIC (10.60%) for PTSI is well above the current ROIC(0.74%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.4% | ||
| ROIC | 0.74% |
ROA(3y)9.18%
ROA(5y)6.44%
ROE(3y)23.82%
ROE(5y)17.85%
ROIC(3y)10.6%
ROIC(5y)7.89%
1.3 Margins
With a Profit Margin value of 0.17%, PTSI is not doing good in the industry: 73.68% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of PTSI has declined.
The Operating Margin of PTSI (0.88%) is worse than 76.32% of its industry peers.
In the last couple of years the Operating Margin of PTSI has declined.
PTSI's Gross Margin of 76.19% is amongst the best of the industry. PTSI outperforms 86.84% of its industry peers.
PTSI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.88% | ||
| PM (TTM) | 0.17% | ||
| GM | 76.19% |
OM growth 3Y-19.98%
OM growth 5Y-13.74%
PM growth 3Y-14.68%
PM growth 5Y-12.78%
GM growth 3Y1.12%
GM growth 5Y-0.13%
2. Health
2.1 Basic Checks
PTSI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PTSI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PTSI has less shares outstanding
Compared to 1 year ago, PTSI has an improved debt to assets ratio.
2.2 Solvency
PTSI has an Altman-Z score of 2.38. This is not the best score and indicates that PTSI is in the grey zone with still only limited risk for bankruptcy at the moment.
PTSI has a Altman-Z score of 2.38. This is comparable to the rest of the industry: PTSI outperforms 42.11% of its industry peers.
PTSI has a debt to FCF ratio of 14.91. This is a negative value and a sign of low solvency as PTSI would need 14.91 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 14.91, PTSI is in the better half of the industry, outperforming 60.53% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that PTSI is somewhat dependend on debt financing.
The Debt to Equity ratio of PTSI (0.69) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 14.91 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.11
WACC6.61%
2.3 Liquidity
PTSI has a Current Ratio of 2.05. This indicates that PTSI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PTSI (2.05) is better than 92.11% of its industry peers.
PTSI has a Quick Ratio of 2.03. This indicates that PTSI is financially healthy and has no problem in meeting its short term obligations.
PTSI has a better Quick ratio (2.03) than 92.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
The earnings per share for PTSI have decreased strongly by -104.68% in the last year.
PTSI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.61% yearly.
The Revenue for PTSI has decreased by -16.12% in the past year. This is quite bad
Measured over the past years, PTSI shows a quite strong growth in Revenue. The Revenue has been growing by 8.74% on average per year.
EPS 1Y (TTM)-104.68%
EPS 3Y9.75%
EPS 5Y-12.61%
EPS Q2Q%-60.71%
Revenue 1Y (TTM)-16.12%
Revenue growth 3Y18.54%
Revenue growth 5Y8.74%
Sales Q2Q%-9.39%
3.2 Future
Based on estimates for the next years, PTSI will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.41% on average per year.
PTSI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.78% yearly.
EPS Next Y-92.15%
EPS Next 2Y-12.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-11.71%
Revenue Next 2Y-3.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 stable.
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
The Price/Earnings Ratio is negative for PTSI. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 21.97, the valuation of PTSI can be described as rather expensive.
Based on the Price/Forward Earnings ratio, PTSI is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.03, PTSI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.97 |
4.2 Price Multiples
84.21% of the companies in the same industry are more expensive than PTSI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PTSI indicates a rather cheap valuation: PTSI is cheaper than 86.84% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.07 | ||
| EV/EBITDA | 7.05 |
4.3 Compensation for Growth
A cheap valuation may be justified as PTSI's earnings are expected to decrease with -12.41% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PTSI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
19.72
+0.65 (+3.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners21.59%
Inst Owner Change-0.4%
Ins Owners1.68%
Ins Owner Change9.39%
Market Cap429.50M
Analysts43.33
Price Target19.38 (-1.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-172.65%
Min EPS beat(2)-259.31%
Max EPS beat(2)-85.99%
EPS beat(4)0
Avg EPS beat(4)-128.97%
Min EPS beat(4)-259.31%
Max EPS beat(4)-21.57%
EPS beat(8)3
Avg EPS beat(8)-60.82%
EPS beat(12)7
Avg EPS beat(12)-24.28%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.7%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-1.48%
Revenue beat(4)0
Avg Revenue beat(4)-4.79%
Min Revenue beat(4)-10.15%
Max Revenue beat(4)-1.48%
Revenue beat(8)2
Avg Revenue beat(8)-2.19%
Revenue beat(12)5
Avg Revenue beat(12)1.03%
Revenue beat(16)7
Avg Revenue beat(16)1.68%
PT rev (1m)-20.83%
PT rev (3m)-20.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)400%
EPS NY rev (3m)-81.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.34%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.97 | ||
| P/S | 0.57 | ||
| P/FCF | 24.07 | ||
| P/OCF | 5.7 | ||
| P/B | 1.4 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 7.05 |
EPS(TTM)-0.11
EYN/A
EPS(NY)0.9
Fwd EY4.55%
FCF(TTM)0.82
FCFY4.16%
OCF(TTM)3.46
OCFY17.54%
SpS34.31
BVpS14.08
TBVpS14.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.4% | ||
| ROCE | 1.05% | ||
| ROIC | 0.74% | ||
| ROICexc | 0.91% | ||
| ROICexgc | 0.91% | ||
| OM | 0.88% | ||
| PM (TTM) | 0.17% | ||
| GM | 76.19% | ||
| FCFM | 2.39% |
ROA(3y)9.18%
ROA(5y)6.44%
ROE(3y)23.82%
ROE(5y)17.85%
ROIC(3y)10.6%
ROIC(5y)7.89%
ROICexc(3y)12.69%
ROICexc(5y)9.26%
ROICexgc(3y)12.69%
ROICexgc(5y)9.26%
ROCE(3y)15.1%
ROCE(5y)11.29%
ROICexcg growth 3Y-8.45%
ROICexcg growth 5Y-12.76%
ROICexc growth 3Y-8.45%
ROICexc growth 5Y-12.76%
OM growth 3Y-19.98%
OM growth 5Y-13.74%
PM growth 3Y-14.68%
PM growth 5Y-12.78%
GM growth 3Y1.12%
GM growth 5Y-0.13%
F-Score4
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 14.91 | ||
| Debt/EBITDA | 2.76 | ||
| Cap/Depr | 82.21% | ||
| Cap/Sales | 7.7% | ||
| Interest Coverage | 0.57 | ||
| Cash Conversion | 98.51% | ||
| Profit Quality | 1440.36% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 2.38 |
F-Score4
WACC6.61%
ROIC/WACC0.11
Cap/Depr(3y)63.86%
Cap/Depr(5y)84.29%
Cap/Sales(3y)4.6%
Cap/Sales(5y)7.83%
Profit Quality(3y)219.73%
Profit Quality(5y)166.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-104.68%
EPS 3Y9.75%
EPS 5Y-12.61%
EPS Q2Q%-60.71%
EPS Next Y-92.15%
EPS Next 2Y-12.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-16.12%
Revenue growth 3Y18.54%
Revenue growth 5Y8.74%
Sales Q2Q%-9.39%
Revenue Next Year-11.71%
Revenue Next 2Y-3.78%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-91.3%
EBIT growth 3Y-5.15%
EBIT growth 5Y-6.2%
EBIT Next Year61.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-79.81%
FCF growth 3Y60.7%
FCF growth 5Y57.15%
OCF growth 1Y-39.87%
OCF growth 3Y19.23%
OCF growth 5Y6.84%