P10 INC-A (PX) Stock Fundamental Analysis
USA - NYSE:PX - US69376K1060 - Common Stock
10.7 USD
+0.23 (+2.2%)
10.7 USD
0 (0%)
Taking everything into account, PX scores 4 out of 10 in our fundamental rating. PX was compared to 236 industry peers in the Capital Markets industry. Both the profitability and financial health of PX have multiple concerns. PX is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
PX had positive earnings in the past year.
In the past year PX had a positive cash flow from operations.
Of the past 5 years PX 4 years were profitable.
PX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PX has a Return On Assets of 1.57%. This is comparable to the rest of the industry: PX outperforms 40.68% of its industry peers.
PX has a Return On Equity of 4.32%. This is in the lower half of the industry: PX underperforms 65.68% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.17%, PX is in the better half of the industry, outperforming 63.98% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PX is below the industry average of 7.56%.
The 3 year average ROIC (3.89%) for PX is below the current ROIC(5.17%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.57% | ||
| ROE | 4.32% | ||
| ROIC | 5.17% |
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's Profit Margin of 4.87% is on the low side compared to the rest of the industry. PX is outperformed by 66.95% of its industry peers.
In the last couple of years the Profit Margin of PX has declined.
The Operating Margin of PX (20.24%) is comparable to the rest of the industry.
PX's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.24% | ||
| PM (TTM) | 4.87% | ||
| 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
PX has less shares outstanding than it did 1 year ago.
PX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.34, we must say that PX is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.34, PX is doing good in the industry, outperforming 62.29% of the companies in the same industry.
PX has a debt to FCF ratio of 6.52. This is a slightly negative value and a sign of low solvency as PX would need 6.52 years to pay back of all of its debts.
PX has a Debt to FCF ratio of 6.52. This is in the better half of the industry: PX outperforms 66.95% of its industry peers.
PX has a Debt/Equity ratio of 1.10. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of PX (1.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 6.52 | ||
| Altman-Z | 1.34 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.67 indicates that PX may have some problems paying its short term obligations.
PX's Current ratio of 0.67 is on the low side compared to the rest of the industry. PX is outperformed by 70.76% of its industry peers.
A Quick Ratio of 0.67 indicates that PX may have some problems paying its short term obligations.
The Quick ratio of PX (0.67) is worse than 70.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
PX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.12%, which is quite good.
PX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.62% yearly.
The Revenue has grown by 15.60% in the past year. This is quite good.
PX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 45.86% yearly.
EPS 1Y (TTM)15.12%
EPS 3Y24.75%
EPS 5Y3.62%
EPS Q2Q%-4.17%
Revenue 1Y (TTM)15.6%
Revenue growth 3Y25.35%
Revenue growth 5Y45.86%
Sales Q2Q%2.29%
3.2 Future
The Earnings Per Share is expected to grow by 10.42% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.40% on average over the next years. This is quite good.
EPS Next Y-7.54%
EPS Next 2Y6.39%
EPS Next 3Y10.42%
EPS Next 5YN/A
Revenue Next Year3.77%
Revenue Next 2Y10.81%
Revenue Next 3Y11.4%
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 accelerating.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.81 indicates a reasonable valuation of PX.
PX's Price/Earnings ratio is a bit cheaper when compared to the industry. PX is cheaper than 69.07% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.69, PX is valued rather cheaply.
PX is valuated reasonably with a Price/Forward Earnings ratio of 9.36.
Based on the Price/Forward Earnings ratio, PX is valued a bit cheaper than the industry average as 73.73% of the companies are valued more expensively.
PX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 9.36 |
4.2 Price Multiples
75.85% of the companies in the same industry are more expensive than PX, based on the Enterprise Value to EBITDA ratio.
PX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.55 | ||
| EV/EBITDA | 17.3 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.99
EPS Next 2Y6.39%
EPS Next 3Y10.42%
5. Dividend
5.1 Amount
PX has a Yearly Dividend Yield of 1.38%.
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 2.34, PX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
5.2 History
PX has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PX decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
108.80% of the earnings are spent on dividend by PX. This is not a sustainable payout ratio.
DP108.8%
EPS Next 2Y6.39%
EPS Next 3Y10.42%
10.7
+0.23 (+2.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners66.52%
Inst Owner Change-0.13%
Ins Owners20.59%
Ins Owner Change4.34%
Market Cap1.18B
Analysts81.54
Price Target15.56 (45.42%)
Short Float %6.34%
Short Ratio7.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.38% |
Yearly Dividend0.14
Dividend Growth(5Y)N/A
DP108.8%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.2%
Min EPS beat(2)-5.74%
Max EPS beat(2)10.14%
EPS beat(4)3
Avg EPS beat(4)10.03%
Min EPS beat(4)-5.74%
Max EPS beat(4)24.43%
EPS beat(8)6
Avg EPS beat(8)8.75%
EPS beat(12)10
Avg EPS beat(12)8.17%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.18%
Min Revenue beat(2)-5.43%
Max Revenue beat(2)-0.93%
Revenue beat(4)2
Avg Revenue beat(4)3.25%
Min Revenue beat(4)-5.43%
Max Revenue beat(4)11.75%
Revenue beat(8)4
Avg Revenue beat(8)1.47%
Revenue beat(12)8
Avg Revenue beat(12)2.71%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.67%
EPS NQ rev (1m)-1.99%
EPS NQ rev (3m)-0.33%
EPS NY rev (1m)0%
EPS NY rev (3m)3.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 9.36 | ||
| P/S | 3.92 | ||
| P/FCF | 20.55 | ||
| P/OCF | 18.42 | ||
| P/B | 3.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.3 |
EPS(TTM)0.99
EY9.25%
EPS(NY)1.14
Fwd EY10.69%
FCF(TTM)0.52
FCFY4.87%
OCF(TTM)0.58
OCFY5.43%
SpS2.73
BVpS3.07
TBVpS-3.09
PEG (NY)N/A
PEG (5Y)2.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.57% | ||
| ROE | 4.32% | ||
| ROCE | 7.45% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.39% | ||
| ROICexgc | 41.01% | ||
| OM | 20.24% | ||
| PM (TTM) | 4.87% | ||
| GM | N/A | ||
| FCFM | 19.09% |
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 Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 6.52 | ||
| Debt/EBITDA | 4.33 | ||
| Cap/Depr | 26.03% | ||
| Cap/Sales | 2.22% | ||
| Interest Coverage | 2.57 | ||
| Cash Conversion | 74.11% | ||
| Profit Quality | 392.04% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 1.34 |
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)15.12%
EPS 3Y24.75%
EPS 5Y3.62%
EPS Q2Q%-4.17%
EPS Next Y-7.54%
EPS Next 2Y6.39%
EPS Next 3Y10.42%
EPS Next 5YN/A
Revenue 1Y (TTM)15.6%
Revenue growth 3Y25.35%
Revenue growth 5Y45.86%
Sales Q2Q%2.29%
Revenue Next Year3.77%
Revenue Next 2Y10.81%
Revenue Next 3Y11.4%
Revenue Next 5YN/A
EBIT growth 1Y74.95%
EBIT growth 3Y14.58%
EBIT growth 5Y36.48%
EBIT Next Year1.71%
EBIT Next 3Y11.27%
EBIT Next 5YN/A
FCF growth 1Y-13.53%
FCF growth 3Y25.32%
FCF growth 5Y41.79%
OCF growth 1Y-5.73%
OCF growth 3Y27.23%
OCF growth 5Y43.11%