PAYTON PLANAR MAGNETICS (PAY.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:PAY - IL0010830391 - Common Stock
6.7 EUR
0 (0%)
We assign a fundamental rating of 7 out of 10 to PAY. PAY was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. PAY scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PAY has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- PAY had positive earnings in the past year.
- In the past year PAY had a positive cash flow from operations.
- PAY had positive earnings in each of the past 5 years.
- In the past 5 years PAY always reported a positive cash flow from operatings.
1.2 Ratios
- PAY has a Return On Assets of 12.59%. This is amongst the best in the industry. PAY outperforms 94.23% of its industry peers.
- PAY has a Return On Equity of 13.91%. This is amongst the best in the industry. PAY outperforms 86.54% of its industry peers.
- With an excellent Return On Invested Capital value of 10.92%, PAY belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
- PAY had an Average Return On Invested Capital over the past 3 years of 17.33%. This is significantly above the industry average of 7.60%.
- 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.
- PAY's Profit Margin has improved in the last couple of years.
- The Operating Margin of PAY (24.51%) is better than 98.08% of its industry peers.
- In the last couple of years the Operating Margin of PAY has remained more or less at the same level.
- PAY has a better Gross Margin (46.14%) than 61.54% of its industry peers.
- 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.
- PAY has about the same amout of shares outstanding than it did 1 year ago.
- 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 12.40. This indicates that PAY is financially healthy and has little risk of bankruptcy at the moment.
- PAY's Altman-Z score of 12.40 is amongst the best of the industry. PAY outperforms 96.15% 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 | 12.4 |
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.
- The Current ratio of PAY (10.97) is better than 98.08% 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's Quick ratio of 10.48 is amongst the best of the industry. PAY outperforms 98.08% 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.
- The Revenue for PAY has decreased by -18.59% in the past year. This is quite bad
- 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
- A Price/Earnings ratio of 11.96 indicates a reasonable valuation of PAY.
- Based on the Price/Earnings ratio, PAY is valued cheaply inside the industry as 94.23% of the companies are valued more expensively.
- 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 | 11.96 | ||
| 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 94.23% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, PAY is valued a bit cheaper than 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.16 | ||
| EV/EBITDA | 3.35 |
4.3 Compensation for Growth
- PAY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.37
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- PAY has a Yearly Dividend Yield of 3.41%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.54, PAY pays a better dividend. On top of this PAY pays more dividend than 80.77% of the companies listed in the same industry.
- 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 | 3.41% |
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 11.96 and the Price/Book (PB) ratio is 1.66.
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%.