PAYTON PLANAR MAGNETICS (PAY.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:PAY - IL0010830391 - Common Stock
6.6 EUR
-0.1 (-1.49%)
Taking everything into account, PAY scores 7 out of 10 in our fundamental rating. PAY was compared to 51 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making PAY a very profitable company, without any liquidiy or solvency issues. PAY is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year PAY was profitable.
- In the past year PAY had a positive cash flow from operations.
- Each year in the past 5 years PAY has been profitable.
- In the past 5 years PAY always reported a positive cash flow from operatings.
1.2 Ratios
- PAY's Return On Assets of 12.59% is amongst the best of the industry. PAY outperforms 94.12% of its industry peers.
- Looking at the Return On Equity, with a value of 13.91%, PAY belongs to the top of the industry, outperforming 86.27% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 10.92%, PAY belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for PAY is significantly above the industry average of 7.51%.
- The last Return On Invested Capital (10.92%) for PAY is well below the 3 year average (17.33%), which needs to be investigated, but indicates that PAY had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.59% | ||
| ROE | 13.91% | ||
| ROIC | 10.92% |
ROA(3y)17.36%
ROA(5y)15.56%
ROE(3y)19.18%
ROE(5y)17.48%
ROIC(3y)17.33%
ROIC(5y)16.11%
1.3 Margins
- PAY has a Profit Margin of 25.28%. This is amongst the best in the industry. PAY outperforms 100.00% of its industry peers.
- In the last couple of years the Profit Margin of PAY has grown nicely.
- Looking at the Operating Margin, with a value of 24.51%, PAY belongs to the top of the industry, outperforming 98.04% of the companies in the same industry.
- In the last couple of years the Operating Margin of PAY has remained more or less at the same level.
- With a decent Gross Margin value of 46.14%, PAY is doing good in the industry, outperforming 62.75% of the companies in the same industry.
- In the last couple of years the Gross Margin of PAY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.51% | ||
| PM (TTM) | 25.28% | ||
| GM | 46.14% |
OM growth 3Y4.16%
OM growth 5Y0.37%
PM growth 3Y10.57%
PM growth 5Y2.8%
GM growth 3Y3.28%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PAY is creating value.
- Compared to 1 year ago, PAY has about the same amount of shares outstanding.
- Compared to 5 years ago, PAY has about the same amount of shares outstanding.
- There is no outstanding debt for PAY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- PAY has an Altman-Z score of 12.43. This indicates that PAY is financially healthy and has little risk of bankruptcy at the moment.
- PAY has a better Altman-Z score (12.43) than 98.04% of its industry peers.
- There is no outstanding debt for PAY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.43 |
ROIC/WACC1.25
WACC8.73%
2.3 Liquidity
- PAY has a Current Ratio of 10.97. This indicates that PAY is financially healthy and has no problem in meeting its short term obligations.
- PAY has a Current ratio of 10.97. This is amongst the best in the industry. PAY outperforms 98.04% of its industry peers.
- PAY has a Quick Ratio of 10.48. This indicates that PAY is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 10.48, PAY belongs to the top of the industry, outperforming 98.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.97 | ||
| Quick Ratio | 10.48 |
3. Growth
3.1 Past
- PAY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.89%.
- Measured over the past years, PAY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.71% on average per year.
- The Revenue for PAY has decreased by -18.59% in the past year. This is quite bad
- The Revenue has been growing slightly by 5.75% on average over the past years.
EPS 1Y (TTM)-24.89%
EPS 3Y16.03%
EPS 5Y8.71%
EPS Q2Q%0%
Revenue 1Y (TTM)-18.59%
Revenue growth 3Y4.94%
Revenue growth 5Y5.75%
Sales Q2Q%4.17%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.00, which indicates a very decent valuation of PAY.
- 92.16% of the companies in the same industry are more expensive than PAY, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.25. PAY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PAY is valued cheaper than 94.12% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, PAY is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.03 | ||
| EV/EBITDA | 3.38 |
4.3 Compensation for Growth
- The excellent profitability rating of PAY may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.38
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.24%, PAY has a reasonable but not impressive dividend return.
- PAY's Dividend Yield is a higher than the industry average which is at 1.56.
- PAY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
5.2 History
- On average, the dividend of PAY grows each year by 13.70%, which is quite nice.
Dividend Growth(5Y)13.7%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 45.74% of the earnings are spent on dividend by PAY. This is a bit on the high side, but may be sustainable.
- The dividend of PAY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.74%
EPS Next 2YN/A
EPS Next 3YN/A
PAYTON PLANAR MAGNETICS / PAY.BR FAQ
What is the ChartMill fundamental rating of PAYTON PLANAR MAGNETICS (PAY.BR) stock?
ChartMill assigns a fundamental rating of 7 / 10 to PAY.BR.
Can you provide the valuation status for PAYTON PLANAR MAGNETICS?
ChartMill assigns a valuation rating of 5 / 10 to PAYTON PLANAR MAGNETICS (PAY.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for PAYTON PLANAR MAGNETICS?
PAYTON PLANAR MAGNETICS (PAY.BR) has a profitability rating of 9 / 10.
What are the PE and PB ratios of PAYTON PLANAR MAGNETICS (PAY.BR) stock?
The Price/Earnings (PE) ratio for PAYTON PLANAR MAGNETICS (PAY.BR) is 12 and the Price/Book (PB) ratio is 1.64.
Is the dividend of PAYTON PLANAR MAGNETICS sustainable?
The dividend rating of PAYTON PLANAR MAGNETICS (PAY.BR) is 6 / 10 and the dividend payout ratio is 45.74%.