P.A.M. TRANSPORTATION SVCS (PTSI) Stock Fundamental Analysis
NASDAQ:PTSI - Nasdaq - US6931491061 - Common Stock - Currency: USD
Taking everything into account, PTSI scores 4 out of 10 in our fundamental rating. 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PTSI has reported negative net income.
In the past year PTSI had a positive cash flow from operations.
In the past 5 years PTSI has always been profitable.
PTSI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PTSI's Return On Assets of 0.17% is on the low side compared to the rest of the industry. PTSI is outperformed by 73.68% of its industry peers.
PTSI's Return On Equity of 0.40% is on the low side compared to the rest of the industry. PTSI is outperformed by 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
PTSI has a Profit Margin of 0.17%. This is in the lower half of the industry: PTSI underperforms 73.68% of its industry peers.
In the last couple of years the Profit Margin of PTSI has declined.
PTSI's Operating Margin of 0.88% is on the low side compared to the rest of the industry. PTSI is outperformed by 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.
In the last couple of years the Gross Margin of PTSI has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PTSI is still creating some value.
Compared to 1 year ago, PTSI has less shares outstanding
The number of shares outstanding for PTSI has been reduced compared to 5 years ago.
PTSI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.38 indicates that PTSI is not a great score, but indicates only limited risk for bankruptcy at the moment.
PTSI's Altman-Z score of 2.38 is in line compared to the rest of the industry. PTSI outperforms 42.11% of its industry peers.
The Debt to FCF ratio of PTSI is 14.91, which is on the high side as it means it would take PTSI, 14.91 years of fcf income to pay off 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.
PTSI has a Debt/Equity ratio of 0.69. This is a neutral value indicating PTSI is somewhat dependend on debt financing.
PTSI has a Debt to Equity ratio (0.69) which 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.
PTSI's Current ratio of 2.05 is amongst the best of the industry. PTSI outperforms 92.11% of its industry peers.
A Quick Ratio of 2.03 indicates that PTSI has no problem at all paying its short term obligations.
The Quick ratio of PTSI (2.03) is better 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.
Measured over the past years, PTSI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.61% on average per year.
PTSI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.12%.
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
PTSI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.41% yearly.
The Revenue is expected to decrease by -3.78% on average over the next years.
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
The EPS growth rate is stable: in the next years the growth will be about the same 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.
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.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PTSI indicates a somewhat cheap valuation: PTSI is cheaper than 63.16% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PTSI to the average of the S&P500 Index (37.36), we can say PTSI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.97 |
4.2 Price Multiples
PTSI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PTSI is cheaper than 84.21% of the companies in the same industry.
86.84% of the companies in the same industry are more expensive than PTSI, based on the Price/Free Cash Flow ratio.
| 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
No dividends for PTSI!.
| 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-0.08%
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%