PREMIUM BRANDS HOLDINGS CORP (PBH.CA) Stock Fundamental Analysis
TSX:PBH - Toronto Stock Exchange - CA74061A1084 - Common Stock - Currency: CAD
Overall PBH gets a fundamental rating of 5 out of 10. We evaluated PBH against 16 industry peers in the Food Products industry. While PBH is still in line with the averages on profitability rating, there are concerns on its financial health. PBH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PBH was profitable.
In the past year PBH had a positive cash flow from operations.
In the past 5 years PBH has always been profitable.
In the past 5 years PBH always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 1.87%, PBH is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.69%, PBH is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 5.64%, PBH is doing good in the industry, outperforming 62.50% of the companies in the same industry.
PBH had an Average Return On Invested Capital over the past 3 years of 4.99%. This is in line with the industry average of 6.57%.
The 3 year average ROIC (4.99%) for PBH is below the current ROIC(5.64%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.87% | ||
| ROE | 5.69% | ||
| ROIC | 5.64% |
ROA(3y)2.66%
ROA(5y)2.64%
ROE(3y)7.21%
ROE(5y)6.95%
ROIC(3y)4.99%
ROIC(5y)5.03%
1.3 Margins
With a decent Profit Margin value of 1.55%, PBH is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of PBH has declined.
PBH has a better Operating Margin (5.33%) than 62.50% of its industry peers.
In the last couple of years the Operating Margin of PBH has declined.
PBH has a Gross Margin of 19.84%. This is in the better half of the industry: PBH outperforms 75.00% of its industry peers.
PBH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.33% | ||
| PM (TTM) | 1.55% | ||
| GM | 19.84% |
OM growth 3Y6.37%
OM growth 5Y-2.82%
PM growth 3Y-9.9%
PM growth 5Y-14.22%
GM growth 3Y0.22%
GM growth 5Y-0.56%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PBH is destroying value.
PBH has about the same amout of shares outstanding than it did 1 year ago.
PBH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PBH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.09 indicates that PBH is not a great score, but indicates only limited risk for bankruptcy at the moment.
PBH has a Altman-Z score of 2.09. This is comparable to the rest of the industry: PBH outperforms 56.25% of its industry peers.
A Debt/Equity ratio of 1.51 is on the high side and indicates that PBH has dependencies on debt financing.
PBH has a Debt to Equity ratio (1.51) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.09 |
ROIC/WACC0.9
WACC6.24%
2.3 Liquidity
A Current Ratio of 1.51 indicates that PBH should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.51, PBH is doing good in the industry, outperforming 68.75% of the companies in the same industry.
PBH has a Quick Ratio of 1.51. This is a bad value and indicates that PBH is not financially healthy enough and could expect problems in meeting its short term obligations.
PBH has a better Quick ratio (0.54) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
PBH shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.38%.
Measured over the past 5 years, PBH shows a small growth in Earnings Per Share. The EPS has been growing by 4.53% on average per year.
Looking at the last year, PBH shows a small growth in Revenue. The Revenue has grown by 0.71% in the last year.
PBH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.65% yearly.
EPS 1Y (TTM)-9.38%
EPS 3Y9.38%
EPS 5Y4.53%
EPS Q2Q%-12.6%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y15.45%
Revenue growth 5Y15.65%
Sales Q2Q%1.34%
3.2 Future
Based on estimates for the next years, PBH will show a very strong growth in Earnings Per Share. The EPS will grow by 22.20% on average per year.
PBH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.87% yearly.
EPS Next Y-2.73%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
EPS Next 5Y22.2%
Revenue Next Year1.88%
Revenue Next 2Y5.09%
Revenue Next 3Y7.4%
Revenue Next 5Y7.87%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
A Price/Earnings ratio of 19.59 indicates a rather expensive valuation of PBH.
Based on the Price/Earnings ratio, PBH is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.62. PBH is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.68 indicates a correct valuation of PBH.
Based on the Price/Forward Earnings ratio, PBH is valued a bit cheaper than 75.00% of the companies in the same industry.
PBH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 14.68 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PBH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12 |
4.3 Compensation for Growth
The decent profitability rating of PBH may justify a higher PE ratio.
PBH's earnings are expected to grow with 20.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.33
EPS Next 2Y14.52%
EPS Next 3Y20.05%
5. Dividend
5.1 Amount
PBH has a Yearly Dividend Yield of 4.42%, which is a nice return.
Compared to an average industry Dividend Yield of 4.45, PBH pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, PBH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
5.2 History
On average, the dividend of PBH grows each year by 10.33%, which is quite nice.
PBH has been paying a dividend for at least 10 years, so it has a reliable track record.
PBH has decreased its dividend recently.
Dividend Growth(5Y)10.33%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PBH pays out 145.77% of its income as dividend. This is not a sustainable payout ratio.
PBH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP145.77%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
TSX:PBH (2/21/2025, 7:00:00 PM)
77.59
+0.74 (+0.96%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners55.79%
Inst Owner ChangeN/A
Ins Owners2.34%
Ins Owner ChangeN/A
Market Cap3.48B
Analysts75.71
Price Target104.45 (34.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
Yearly Dividend3.03
Dividend Growth(5Y)10.33%
DP145.77%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.07%
Min EPS beat(2)-25.24%
Max EPS beat(2)11.09%
EPS beat(4)2
Avg EPS beat(4)-9.88%
Min EPS beat(4)-29.06%
Max EPS beat(4)11.09%
EPS beat(8)3
Avg EPS beat(8)-9.16%
EPS beat(12)6
Avg EPS beat(12)-5.67%
EPS beat(16)9
Avg EPS beat(16)-2.16%
Revenue beat(2)0
Avg Revenue beat(2)-3.14%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)-0.72%
Revenue beat(4)0
Avg Revenue beat(4)-2.79%
Min Revenue beat(4)-5.56%
Max Revenue beat(4)-0.56%
Revenue beat(8)2
Avg Revenue beat(8)-1.46%
Revenue beat(12)6
Avg Revenue beat(12)-0.04%
Revenue beat(16)8
Avg Revenue beat(16)0.41%
PT rev (1m)0%
PT rev (3m)-0.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.48%
EPS NY rev (3m)-16.36%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.12%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 14.68 | ||
| P/S | 0.54 | ||
| P/FCF | N/A | ||
| P/OCF | 10.27 | ||
| P/B | 1.99 | ||
| P/tB | 29.21 | ||
| EV/EBITDA | 12 |
EPS(TTM)3.96
EY5.1%
EPS(NY)5.29
Fwd EY6.81%
FCF(TTM)-1.73
FCFYN/A
OCF(TTM)7.56
OCFY9.74%
SpS142.55
BVpS38.9
TBVpS2.66
PEG (NY)N/A
PEG (5Y)4.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.87% | ||
| ROE | 5.69% | ||
| ROCE | 7.62% | ||
| ROIC | 5.64% | ||
| ROICexc | 5.65% | ||
| ROICexgc | 8.81% | ||
| OM | 5.33% | ||
| PM (TTM) | 1.55% | ||
| GM | 19.84% | ||
| FCFM | N/A |
ROA(3y)2.66%
ROA(5y)2.64%
ROE(3y)7.21%
ROE(5y)6.95%
ROIC(3y)4.99%
ROIC(5y)5.03%
ROICexc(3y)5.01%
ROICexc(5y)5.17%
ROICexgc(3y)8%
ROICexgc(5y)9.18%
ROCE(3y)6.69%
ROCE(5y)6.75%
ROICexcg growth 3Y-5.05%
ROICexcg growth 5Y-11.92%
ROICexc growth 3Y3.56%
ROICexc growth 5Y-3.7%
OM growth 3Y6.37%
OM growth 5Y-2.82%
PM growth 3Y-9.9%
PM growth 5Y-14.22%
GM growth 3Y0.22%
GM growth 5Y-0.56%
F-Score5
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.04 | ||
| Cap/Depr | 229.76% | ||
| Cap/Sales | 6.52% | ||
| Interest Coverage | 2.1 | ||
| Cash Conversion | 64.93% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 2.09 |
F-Score5
WACC6.24%
ROIC/WACC0.9
Cap/Depr(3y)166.18%
Cap/Depr(5y)130.72%
Cap/Sales(3y)4.36%
Cap/Sales(5y)3.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.38%
EPS 3Y9.38%
EPS 5Y4.53%
EPS Q2Q%-12.6%
EPS Next Y-2.73%
EPS Next 2Y14.52%
EPS Next 3Y20.05%
EPS Next 5Y22.2%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y15.45%
Revenue growth 5Y15.65%
Sales Q2Q%1.34%
Revenue Next Year1.88%
Revenue Next 2Y5.09%
Revenue Next 3Y7.4%
Revenue Next 5Y7.87%
EBIT growth 1Y-2.63%
EBIT growth 3Y22.81%
EBIT growth 5Y12.39%
EBIT Next Year40.65%
EBIT Next 3Y22.73%
EBIT Next 5Y19.9%
FCF growth 1Y69.81%
FCF growth 3Y-36.68%
FCF growth 5Y-11.97%
OCF growth 1Y675.85%
OCF growth 3Y24.05%
OCF growth 5Y26.13%