P10 INC-A (PX) Stock Fundamental Analysis
NYSE:PX - New York Stock Exchange, Inc. - US69376K1060 - Common Stock - Currency: USD
Overall PX gets a fundamental rating of 4 out of 10. We evaluated PX against 231 industry peers in the Capital Markets industry. PX may be in some trouble as it scores bad on both profitability and health. PX is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
PX had positive earnings in the past year.
PX had a positive operating cash flow in the past year.
Of the past 5 years PX 4 years were profitable.
In the past 5 years PX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.15%, PX is in line with its industry, outperforming 47.62% of the companies in the same industry.
With a Return On Equity value of 5.39%, PX is not doing good in the industry: 60.17% of the companies in the same industry are doing better.
PX has a better Return On Invested Capital (5.76%) than 73.16% of its industry peers.
PX had an Average Return On Invested Capital over the past 3 years of 3.89%. This is below the industry average of 7.13%.
The 3 year average ROIC (3.89%) for PX is below the current ROIC(5.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 5.39% | ||
| ROIC | 5.76% |
ROA(3y)1.61%
ROA(5y)2.03%
ROE(3y)3.66%
ROE(5y)10.38%
ROIC(3y)3.89%
ROIC(5y)3.42%
1.3 Margins
PX has a worse Profit Margin (6.31%) than 67.97% of its industry peers.
PX's Profit Margin has declined in the last couple of years.
PX has a Operating Margin of 20.45%. This is comparable to the rest of the industry: PX outperforms 42.42% of its industry peers.
In the last couple of years the Operating Margin of PX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.45% | ||
| PM (TTM) | 6.31% | ||
| GM | N/A |
OM growth 3Y-8.6%
OM growth 5Y-6.43%
PM growth 3Y1.05%
PM growth 5Y-24.96%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, PX has less shares outstanding
PX has more shares outstanding than it did 5 years ago.
PX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that PX is in the distress zone and has some risk of bankruptcy.
PX has a Altman-Z score of 1.70. This is in the better half of the industry: PX outperforms 66.23% of its industry peers.
The Debt to FCF ratio of PX is 3.32, which is a good value as it means it would take PX, 3.32 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.32, PX is doing good in the industry, outperforming 74.03% of the companies in the same industry.
PX has a Debt/Equity ratio of 0.92. This is a neutral value indicating PX is somewhat dependend on debt financing.
PX's Debt to Equity ratio of 0.92 is in line compared to the rest of the industry. PX outperforms 57.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.32 | ||
| Altman-Z | 1.7 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.81 indicates that PX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.81, PX is doing worse than 64.07% of the companies in the same industry.
PX has a Quick Ratio of 0.81. This is a bad value and indicates that PX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.81, PX is doing worse than 64.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
PX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.05%, which is quite good.
Measured over the past 5 years, PX shows a small growth in Earnings Per Share. The EPS has been growing by 3.62% on average per year.
PX shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.63%.
PX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 45.86% yearly.
EPS 1Y (TTM)19.05%
EPS 3Y24.75%
EPS 5Y3.62%
EPS Q2Q%-4.76%
Revenue 1Y (TTM)22.63%
Revenue growth 3Y25.35%
Revenue growth 5Y45.86%
Sales Q2Q%2.35%
3.2 Future
The Earnings Per Share is expected to grow by 10.79% on average over the next years. This is quite good.
PX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.64% yearly.
EPS Next Y-7.67%
EPS Next 2Y6.71%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue Next Year1.14%
Revenue Next 2Y8.68%
Revenue Next 3Y10.64%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.72, which indicates a very decent valuation of PX.
Compared to the rest of the industry, the Price/Earnings ratio of PX indicates a somewhat cheap valuation: PX is cheaper than 63.64% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 24.12. PX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.19, which indicates a very decent valuation of PX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PX indicates a somewhat cheap valuation: PX is cheaper than 67.53% of the companies listed in the same industry.
PX is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.72 | ||
| Fwd PE | 10.19 |
4.2 Price Multiples
75.76% of the companies in the same industry are more expensive than PX, based on the Enterprise Value to EBITDA ratio.
67.10% of the companies in the same industry are more expensive than PX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.65 | ||
| EV/EBITDA | 17.97 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.24
EPS Next 2Y6.71%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
PX has a Yearly Dividend Yield of 1.23%.
Compared to an average industry Dividend Yield of 8.46, PX is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.44, PX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
PX has paid a dividend for at least 10 years, which is a reliable track record.
PX has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PX pays out 82.83% of its income as dividend. This is not a sustainable payout ratio.
DP82.83%
EPS Next 2Y6.71%
EPS Next 3Y10.79%
11.72
+0.31 (+2.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners63.94%
Inst Owner Change2.93%
Ins Owners12.39%
Ins Owner Change-5.77%
Market Cap1.31B
Analysts81.54
Price Target14.28 (21.84%)
Short Float %2.75%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
Yearly Dividend0.14
Dividend Growth(5Y)N/A
DP82.83%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.86%
Min EPS beat(2)11.29%
Max EPS beat(2)24.43%
EPS beat(4)4
Avg EPS beat(4)15.53%
Min EPS beat(4)7.95%
Max EPS beat(4)24.43%
EPS beat(8)7
Avg EPS beat(8)10.97%
EPS beat(12)11
Avg EPS beat(12)8.49%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)9.69%
Min Revenue beat(2)7.63%
Max Revenue beat(2)11.75%
Revenue beat(4)4
Avg Revenue beat(4)6.12%
Min Revenue beat(4)0.36%
Max Revenue beat(4)11.75%
Revenue beat(8)6
Avg Revenue beat(8)3.17%
Revenue beat(12)9
Avg Revenue beat(12)3.31%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-10.16%
PT rev (3m)-4.55%
EPS NQ rev (1m)-2.57%
EPS NQ rev (3m)-6.65%
EPS NY rev (1m)-1.13%
EPS NY rev (3m)-6.14%
Revenue NQ rev (1m)-0.8%
Revenue NQ rev (3m)-3.58%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.72 | ||
| Fwd PE | 10.19 | ||
| P/S | 4.43 | ||
| P/FCF | 13.65 | ||
| P/OCF | 13.01 | ||
| P/B | 3.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.97 |
EPS(TTM)1
EY8.53%
EPS(NY)1.15
Fwd EY9.81%
FCF(TTM)0.86
FCFY7.32%
OCF(TTM)0.9
OCFY7.68%
SpS2.64
BVpS3.1
TBVpS-2.29
PEG (NY)N/A
PEG (5Y)3.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.15% | ||
| ROE | 5.39% | ||
| ROCE | 8.31% | ||
| ROIC | 5.76% | ||
| ROICexc | 6.35% | ||
| ROICexgc | 71.98% | ||
| OM | 20.45% | ||
| PM (TTM) | 6.31% | ||
| GM | N/A | ||
| FCFM | 32.46% |
ROA(3y)1.61%
ROA(5y)2.03%
ROE(3y)3.66%
ROE(5y)10.38%
ROIC(3y)3.89%
ROIC(5y)3.42%
ROICexc(3y)4.15%
ROICexc(5y)3.64%
ROICexgc(3y)42.32%
ROICexgc(5y)39%
ROCE(3y)5.62%
ROCE(5y)4.93%
ROICexcg growth 3Y14.25%
ROICexcg growth 5Y7.5%
ROICexc growth 3Y11.21%
ROICexc growth 5Y3.97%
OM growth 3Y-8.6%
OM growth 5Y-6.43%
PM growth 3Y1.05%
PM growth 5Y-24.96%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.32 | ||
| Debt/EBITDA | 3.67 | ||
| Cap/Depr | 17.84% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 2.79 | ||
| Cash Conversion | 115.82% | ||
| Profit Quality | 514.62% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 1.7 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)9.31%
Cap/Depr(5y)5.71%
Cap/Sales(3y)0.97%
Cap/Sales(5y)0.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y24.75%
EPS 5Y3.62%
EPS Q2Q%-4.76%
EPS Next Y-7.67%
EPS Next 2Y6.71%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue 1Y (TTM)22.63%
Revenue growth 3Y25.35%
Revenue growth 5Y45.86%
Sales Q2Q%2.35%
Revenue Next Year1.14%
Revenue Next 2Y8.68%
Revenue Next 3Y10.64%
Revenue Next 5YN/A
EBIT growth 1Y189.87%
EBIT growth 3Y14.58%
EBIT growth 5Y36.48%
EBIT Next Year-2.81%
EBIT Next 3Y11.51%
EBIT Next 5YN/A
FCF growth 1Y108.17%
FCF growth 3Y25.32%
FCF growth 5Y41.79%
OCF growth 1Y111.74%
OCF growth 3Y27.23%
OCF growth 5Y43.11%