PAYTON PLANAR MAGNETICS (PAY.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:PAY - IL0010830391 - Common Stock
6.7 EUR
0 (0%)
PAY gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 51 industry peers in the Electronic Equipment, Instruments & Components industry. PAY gets an excellent profitability rating and is at the same time showing great financial health properties. PAY has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- PAY had positive earnings in the past year.
- PAY had a positive operating cash flow in the past year.
- In the past 5 years PAY has always been profitable.
- In the past 5 years PAY always reported a positive cash flow from operatings.
1.2 Ratios
- PAY has a better Return On Assets (12.59%) than 94.12% of its industry peers.
- PAY's Return On Equity of 13.91% is amongst the best of the industry. PAY outperforms 86.27% of its industry peers.
- PAY has a better Return On Invested Capital (10.92%) than 88.24% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PAY is significantly above the industry average of 7.51%.
- The 3 year average ROIC (17.33%) for PAY is well above the current ROIC(10.92%). The reason for the recent decline needs to be investigated.
| 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's Profit Margin of 25.28% is amongst the best of the industry. PAY outperforms 100.00% of its industry peers.
- In the last couple of years the Profit Margin of PAY has grown nicely.
- With an excellent Operating Margin value of 24.51%, PAY belongs to the best 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.
- Looking at the Gross Margin, with a value of 46.14%, PAY is in the better half of the industry, outperforming 60.78% of the companies in the same industry.
- PAY's Gross Margin has been stable in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PAY is creating value.
- The number of shares outstanding for PAY remains at a similar level compared to 1 year ago.
- PAY has about the same amout of shares outstanding than it did 5 years ago.
- PAY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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.
- The Altman-Z score of PAY (12.43) is better than 98.04% of its industry peers.
- PAY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.43 |
ROIC/WACC1.25
WACC8.73%
2.3 Liquidity
- A Current Ratio of 10.97 indicates that PAY has no problem at all paying 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.
- PAY has a Quick ratio of 10.48. This is amongst the best in the industry. PAY outperforms 98.04% of its industry peers.
| 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.
- PAY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.59%.
- Measured over the past years, PAY shows a small growth in Revenue. The Revenue has been growing by 5.75% on average per year.
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
- With a Price/Earnings ratio of 12.18, PAY is valued correctly.
- PAY's Price/Earnings ratio is rather cheap when compared to the industry. PAY is cheaper than 92.16% of the companies in the same industry.
- PAY is valuated cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- PAY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PAY is 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 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.2 | ||
| EV/EBITDA | 3.38 |
4.3 Compensation for Growth
- PAY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.4
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.
- Compared to an average S&P500 Dividend Yield of 1.81, PAY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
5.2 History
- The dividend of PAY is nicely growing with an annual growth rate of 13.70%!
Dividend Growth(5Y)13.7%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PAY pays out 45.74% of its income as dividend. This is a bit on the high side, but may be sustainable.
- PAY's earnings are growing slower than its dividend. 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 12.18 and the Price/Book (PB) ratio is 1.67.
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%.