PANGAEA LOGISTICS SOLUTIONS (PANL) Stock Fundamental Analysis
USA - NASDAQ:PANL - BMG6891L1054 - Common Stock
5.42 USD
-0.22 (-3.9%)
5.42 USD
0 (0%)
Taking everything into account, PANL scores 3 out of 10 in our fundamental rating. PANL was compared to 35 industry peers in the Marine Transportation industry. While PANL is still in line with the averages on profitability rating, there are concerns on its financial health. PANL is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PANL had positive earnings in the past year.
In the past year PANL had a positive cash flow from operations.
PANL had positive earnings in each of the past 5 years.
Each year in the past 5 years PANL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.96%, PANL is in line with its industry, outperforming 42.86% of the companies in the same industry.
The Return On Equity of PANL (2.13%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.64%, PANL is in line with its industry, outperforming 45.71% of the companies in the same industry.
PANL had an Average Return On Invested Capital over the past 3 years of 8.02%. This is in line with the industry average of 7.67%.
The last Return On Invested Capital (3.64%) for PANL is well below the 3 year average (8.02%), which needs to be investigated, but indicates that PANL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 2.13% | ||
| ROIC | 3.64% |
ROA(3y)5.81%
ROA(5y)5.9%
ROE(3y)13.4%
ROE(5y)14.72%
ROIC(3y)8.02%
ROIC(5y)7.94%
1.3 Margins
With a Profit Margin value of 1.52%, PANL is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of PANL has grown nicely.
Looking at the Operating Margin, with a value of 6.28%, PANL is doing worse than 60.00% of the companies in the same industry.
PANL's Operating Margin has improved in the last couple of years.
PANL has a Gross Margin of 29.81%. This is in the lower half of the industry: PANL underperforms 68.57% of its industry peers.
PANL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.28% | ||
| PM (TTM) | 1.52% | ||
| GM | 29.81% |
OM growth 3Y-6.33%
OM growth 5Y2.62%
PM growth 3Y-16.81%
PM growth 5Y13.67%
GM growth 3Y9.18%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
PANL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, PANL has more shares outstanding
PANL has more shares outstanding than it did 5 years ago.
PANL has a worse debt/assets ratio than last year.
2.2 Solvency
PANL has an Altman-Z score of 1.52. This is a bad value and indicates that PANL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.52, PANL is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
PANL has a Debt/Equity ratio of 0.80. This is a neutral value indicating PANL is somewhat dependend on debt financing.
PANL's Debt to Equity ratio of 0.80 is on the low side compared to the rest of the industry. PANL is outperformed by 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.52 |
ROIC/WACC0.54
WACC6.69%
2.3 Liquidity
PANL has a Current Ratio of 1.46. This is a normal value and indicates that PANL is financially healthy and should not expect problems in meeting its short term obligations.
PANL has a Current ratio (1.46) which is in line with its industry peers.
PANL has a Quick Ratio of 1.15. This is a normal value and indicates that PANL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.15, PANL is in line with its industry, outperforming 45.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The earnings per share for PANL have decreased strongly by -71.79% in the last year.
PANL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.25% yearly.
The Revenue has grown by 15.10% in the past year. This is quite good.
Measured over the past years, PANL shows a small growth in Revenue. The Revenue has been growing by 5.41% on average per year.
EPS 1Y (TTM)-71.79%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%-150%
Revenue 1Y (TTM)15.1%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%19.16%
3.2 Future
Based on estimates for the next years, PANL will show a decrease in Earnings Per Share. The EPS will decrease by -3.16% on average per year.
Based on estimates for the next years, PANL will show a decrease in Revenue. The Revenue will decrease by -9.40% on average per year.
EPS Next Y-87.66%
EPS Next 2Y-3.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.46%
Revenue Next 2Y-1.42%
Revenue Next 3Y-9.4%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 24.64, the valuation of PANL can be described as rather expensive.
PANL's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PANL to the average of the S&P500 Index (27.38), we can say PANL is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 9.32, the valuation of PANL can be described as reasonable.
Based on the Price/Forward Earnings ratio, PANL is valued a bit cheaper than 62.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, PANL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.64 | ||
| Fwd PE | 9.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PANL indicates a slightly more expensive valuation: PANL is more expensive than 65.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.46 |
4.3 Compensation for Growth
PANL's earnings are expected to decrease with -3.16% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)4.69
EPS Next 2Y-3.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PANL has a Yearly Dividend Yield of 3.55%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.76, PANL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, PANL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
5.2 History
The dividend of PANL is nicely growing with an annual growth rate of 13.01%!
PANL has been paying a dividend for over 5 years, so it has already some track record.
PANL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.01%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
PANL pays out 218.06% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of PANL has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP218.06%
EPS Next 2Y-3.16%
EPS Next 3YN/A
5.42
-0.22 (-3.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners39.61%
Inst Owner Change-6.24%
Ins Owners17.33%
Ins Owner Change2.36%
Market Cap353.60M
Analysts84.44
Price Target8.16 (50.55%)
Short Float %3.85%
Short Ratio5.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
Yearly Dividend0.34
Dividend Growth(5Y)13.01%
DP218.06%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-601.43%
Min EPS beat(2)-1277.65%
Max EPS beat(2)74.79%
EPS beat(4)2
Avg EPS beat(4)-277.78%
Min EPS beat(4)-1277.65%
Max EPS beat(4)152.1%
EPS beat(8)4
Avg EPS beat(8)-124.99%
EPS beat(12)6
Avg EPS beat(12)-87.78%
EPS beat(16)9
Avg EPS beat(16)-62.71%
Revenue beat(2)1
Avg Revenue beat(2)6.3%
Min Revenue beat(2)-6.27%
Max Revenue beat(2)18.87%
Revenue beat(4)3
Avg Revenue beat(4)8.75%
Min Revenue beat(4)-6.27%
Max Revenue beat(4)18.87%
Revenue beat(8)4
Avg Revenue beat(8)4.83%
Revenue beat(12)5
Avg Revenue beat(12)2.12%
Revenue beat(16)8
Avg Revenue beat(16)5.64%
PT rev (1m)-9.09%
PT rev (3m)-9.09%
EPS NQ rev (1m)-50%
EPS NQ rev (3m)-50%
EPS NY rev (1m)-66.42%
EPS NY rev (3m)-63.11%
Revenue NQ rev (1m)-24.58%
Revenue NQ rev (3m)-19.88%
Revenue NY rev (1m)7.91%
Revenue NY rev (3m)7.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.64 | ||
| Fwd PE | 9.32 | ||
| P/S | 0.61 | ||
| P/FCF | N/A | ||
| P/OCF | 6.12 | ||
| P/B | 0.85 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 9.46 |
EPS(TTM)0.22
EY4.06%
EPS(NY)0.58
Fwd EY10.73%
FCF(TTM)-0.19
FCFYN/A
OCF(TTM)0.89
OCFY16.34%
SpS8.89
BVpS6.35
TBVpS6.29
PEG (NY)N/A
PEG (5Y)4.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 2.13% | ||
| ROCE | 4.61% | ||
| ROIC | 3.64% | ||
| ROICexc | 3.93% | ||
| ROICexgc | 3.95% | ||
| OM | 6.28% | ||
| PM (TTM) | 1.52% | ||
| GM | 29.81% | ||
| FCFM | N/A |
ROA(3y)5.81%
ROA(5y)5.9%
ROE(3y)13.4%
ROE(5y)14.72%
ROIC(3y)8.02%
ROIC(5y)7.94%
ROICexc(3y)9.68%
ROICexc(5y)9.32%
ROICexgc(3y)9.71%
ROICexgc(5y)9.34%
ROCE(3y)10.15%
ROCE(5y)10.05%
ROICexcg growth 3Y-23.43%
ROICexcg growth 5Y-7.41%
ROICexc growth 3Y-23.57%
ROICexc growth 5Y-7.52%
OM growth 3Y-6.33%
OM growth 5Y2.62%
PM growth 3Y-16.81%
PM growth 5Y13.67%
GM growth 3Y9.18%
GM growth 5Y1.43%
F-Score3
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.57 | ||
| Cap/Depr | 195.42% | ||
| Cap/Sales | 12.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 1.52 |
F-Score3
WACC6.69%
ROIC/WACC0.54
Cap/Depr(3y)147.54%
Cap/Depr(5y)261.22%
Cap/Sales(3y)7.87%
Cap/Sales(5y)10.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.79%
EPS 3Y-25.51%
EPS 5Y5.25%
EPS Q2Q%-150%
EPS Next Y-87.66%
EPS Next 2Y-3.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.1%
Revenue growth 3Y-9.26%
Revenue growth 5Y5.41%
Sales Q2Q%19.16%
Revenue Next Year16.46%
Revenue Next 2Y-1.42%
Revenue Next 3Y-9.4%
Revenue Next 5YN/A
EBIT growth 1Y-27.27%
EBIT growth 3Y-15%
EBIT growth 5Y8.18%
EBIT Next Year101.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-136.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-27.05%
OCF growth 3Y2.11%
OCF growth 5Y8.1%