PBF ENERGY INC-CLASS A (PBF) Stock Fundamental Analysis
NYSE:PBF - New York Stock Exchange, Inc. - US69318G1067 - Common Stock - Currency: USD
Taking everything into account, PBF scores 2 out of 10 in our fundamental rating. PBF was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. PBF scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. PBF does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
PBF had negative earnings in the past year.
PBF had a positive operating cash flow in the past year.
In multiple years PBF reported negative net income over the last 5 years.
PBF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PBF has a worse Return On Assets (-4.20%) than 77.83% of its industry peers.
PBF has a Return On Equity of -9.63%. This is in the lower half of the industry: PBF underperforms 75.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.2% | ||
| ROE | -9.63% | ||
| ROIC | N/A |
ROA(3y)10.64%
ROA(5y)4.13%
ROE(3y)27.24%
ROE(5y)1.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Gross Margin value of 8.60%, PBF is not doing good in the industry: 73.11% of the companies in the same industry are doing better.
PBF's Gross Margin has declined in the last couple of years.
PBF does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.6% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.89%
GM growth 5Y-7.33%
2. Health
2.1 Basic Checks
PBF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PBF has less shares outstanding
Compared to 5 years ago, PBF has less shares outstanding
The debt/assets ratio for PBF is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.05 indicates that PBF is not in any danger for bankruptcy at the moment.
PBF's Altman-Z score of 3.05 is amongst the best of the industry. PBF outperforms 82.55% of its industry peers.
PBF has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
PBF has a better Debt to Equity ratio (0.27) than 64.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.05 |
ROIC/WACCN/A
WACC10.05%
2.3 Liquidity
PBF has a Current Ratio of 1.25. This is a normal value and indicates that PBF is financially healthy and should not expect problems in meeting its short term obligations.
PBF has a Current ratio (1.25) which is in line with its industry peers.
PBF has a Quick Ratio of 1.25. This is a bad value and indicates that PBF is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.54, PBF is doing worse than 79.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The earnings per share for PBF have decreased strongly by -135.64% in the last year.
PBF shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.60%.
PBF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.20% yearly.
EPS 1Y (TTM)-135.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-587.8%
Revenue 1Y (TTM)-13.6%
Revenue growth 3Y6.71%
Revenue growth 5Y6.2%
Sales Q2Q%-19.56%
3.2 Future
PBF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.70% yearly.
PBF is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.83% yearly.
EPS Next Y-17.68%
EPS Next 2Y46.15%
EPS Next 3Y35.03%
EPS Next 5Y22.7%
Revenue Next Year-11.53%
Revenue Next 2Y-2.84%
Revenue Next 3Y-0.83%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PBF. In the last year negative earnings were reported.
Also next year PBF is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PBF is valued a bit more expensive than the industry average as 76.89% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5469.86 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PBF's earnings are expected to grow with 35.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.15%
EPS Next 3Y35.03%
5. Dividend
5.1 Amount
PBF has a Yearly Dividend Yield of 6.87%, which is a nice return.
The stock price of PBF dropped by -50.73% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 7.41, PBF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, PBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.87% |
5.2 History
The dividend of PBF decreases each year by -3.33%.
PBF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PBF decreased in the last 3 years.
Dividend Growth(5Y)-3.33%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PBF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-22.29%
EPS Next 2Y46.15%
EPS Next 3Y35.03%
15.28
+0.39 (+2.62%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.26%
Inst Owner Change0.05%
Ins Owners1.97%
Ins Owner Change13.38%
Market Cap1.77B
Analysts50.91
Price Target24.39 (59.62%)
Short Float %18.31%
Short Ratio5.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.87% |
Yearly Dividend1.01
Dividend Growth(5Y)-3.33%
DP-22.29%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.43%
Min EPS beat(2)-5.47%
Max EPS beat(2)0.62%
EPS beat(4)2
Avg EPS beat(4)-58.29%
Min EPS beat(4)-256.44%
Max EPS beat(4)28.13%
EPS beat(8)5
Avg EPS beat(8)-126.19%
EPS beat(12)8
Avg EPS beat(12)-77.83%
EPS beat(16)12
Avg EPS beat(16)-3.4%
Revenue beat(2)1
Avg Revenue beat(2)-0.4%
Min Revenue beat(2)-2.05%
Max Revenue beat(2)1.25%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-2.05%
Max Revenue beat(4)5.05%
Revenue beat(8)7
Avg Revenue beat(8)2.94%
Revenue beat(12)11
Avg Revenue beat(12)8.55%
Revenue beat(16)15
Avg Revenue beat(16)8.64%
PT rev (1m)-7.07%
PT rev (3m)-20.3%
EPS NQ rev (1m)-60.22%
EPS NQ rev (3m)-327.61%
EPS NY rev (1m)-203.41%
EPS NY rev (3m)-17777.9%
Revenue NQ rev (1m)-4.74%
Revenue NQ rev (3m)-14.74%
Revenue NY rev (1m)-3.99%
Revenue NY rev (3m)-9.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.05 | ||
| P/FCF | N/A | ||
| P/OCF | 40.72 | ||
| P/B | 0.32 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | 5469.86 |
EPS(TTM)-4.01
EYN/A
EPS(NY)-4.72
Fwd EYN/A
FCF(TTM)-8.34
FCFYN/A
OCF(TTM)0.38
OCFY2.46%
SpS286.34
BVpS47.94
TBVpS47.87
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.2% | ||
| ROE | -9.63% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.6% | ||
| FCFM | N/A |
ROA(3y)10.64%
ROA(5y)4.13%
ROE(3y)27.24%
ROE(5y)1.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-11.89%
GM growth 5Y-7.33%
F-Score3
Asset Turnover2.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2985.4 | ||
| Cap/Depr | 156.81% | ||
| Cap/Sales | 3.04% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 8680% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 3.05 |
F-Score3
WACC10.05%
ROIC/WACCN/A
Cap/Depr(3y)181.51%
Cap/Depr(5y)138.8%
Cap/Sales(3y)2.76%
Cap/Sales(5y)2.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-135.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-587.8%
EPS Next Y-17.68%
EPS Next 2Y46.15%
EPS Next 3Y35.03%
EPS Next 5Y22.7%
Revenue 1Y (TTM)-13.6%
Revenue growth 3Y6.71%
Revenue growth 5Y6.2%
Sales Q2Q%-19.56%
Revenue Next Year-11.53%
Revenue Next 2Y-2.84%
Revenue Next 3Y-0.83%
Revenue Next 5YN/A
EBIT growth 1Y-131.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year150.57%
EBIT Next 3Y57.79%
EBIT Next 5Y32.67%
FCF growth 1Y-685.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-96.76%
OCF growth 3Y-55.03%
OCF growth 5Y-45.87%