POLLARD BANKNOTE LTD (PBL.CA) Stock Fundamental Analysis
TSX:PBL - Toronto Stock Exchange - CA73150R1055 - Common Stock - Currency: CAD
Taking everything into account, PBL scores 5 out of 10 in our fundamental rating. PBL was compared to 19 industry peers in the Hotels, Restaurants & Leisure industry. PBL has only an average score on both its financial health and profitability. PBL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PBL was profitable.
In the past year PBL had a positive cash flow from operations.
In the past 5 years PBL has always been profitable.
PBL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PBL has a Return On Assets of 5.81%. This is in the better half of the industry: PBL outperforms 73.68% of its industry peers.
PBL has a better Return On Equity (11.49%) than 78.95% of its industry peers.
PBL has a Return On Invested Capital (2.63%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PBL is below the industry average of 6.86%.
The 3 year average ROIC (2.12%) for PBL is below the current ROIC(2.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 11.49% | ||
| ROIC | 2.63% |
ROA(3y)5.14%
ROA(5y)5.59%
ROE(3y)9.87%
ROE(5y)12.5%
ROIC(3y)2.12%
ROIC(5y)3.81%
1.3 Margins
PBL has a Profit Margin of 6.92%. This is in the better half of the industry: PBL outperforms 68.42% of its industry peers.
In the last couple of years the Profit Margin of PBL has grown nicely.
Looking at the Operating Margin, with a value of 3.38%, PBL is in line with its industry, outperforming 47.37% of the companies in the same industry.
PBL's Operating Margin has declined in the last couple of years.
The Gross Margin of PBL (18.81%) is worse than 63.16% of its industry peers.
PBL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.38% | ||
| PM (TTM) | 6.92% | ||
| GM | 18.81% |
OM growth 3Y-5.89%
OM growth 5Y-18.35%
PM growth 3Y13.76%
PM growth 5Y2.7%
GM growth 3Y-1.79%
GM growth 5Y-3.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PBL is destroying value.
The number of shares outstanding for PBL has been increased compared to 1 year ago.
The number of shares outstanding for PBL has been increased compared to 5 years ago.
PBL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.57 indicates that PBL is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.57, PBL is doing good in the industry, outperforming 78.95% of the companies in the same industry.
PBL has a Debt/Equity ratio of 0.60. This is a neutral value indicating PBL is somewhat dependend on debt financing.
PBL has a Debt to Equity ratio (0.60) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.57 |
ROIC/WACC0.36
WACC7.23%
2.3 Liquidity
PBL has a Current Ratio of 2.19. This indicates that PBL is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PBL (2.19) is better than 89.47% of its industry peers.
PBL has a Quick Ratio of 1.62. This is a normal value and indicates that PBL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PBL (1.62) is better than 89.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.66% over the past year.
The Earnings Per Share has been growing by 8.28% on average over the past years. This is quite good.
PBL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.75%.
The Revenue has been growing slightly by 6.97% on average over the past years.
EPS 1Y (TTM)20.66%
EPS 3Y20.04%
EPS 5Y8.28%
EPS Q2Q%72%
Revenue 1Y (TTM)10.75%
Revenue growth 3Y6.67%
Revenue growth 5Y6.97%
Sales Q2Q%16.36%
3.2 Future
Based on estimates for the next years, PBL will show a very strong growth in Earnings Per Share. The EPS will grow by 33.24% on average per year.
Based on estimates for the next years, PBL will show a small growth in Revenue. The Revenue will grow by 4.60% on average per year.
EPS Next Y53.28%
EPS Next 2Y33.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.66%
Revenue Next 2Y4.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 14.85, the valuation of PBL can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of PBL indicates a somewhat cheap valuation: PBL is cheaper than 78.95% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.28. PBL is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 9.54, which indicates a very decent valuation of PBL.
PBL's Price/Forward Earnings ratio is rather cheap when compared to the industry. PBL is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. PBL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.85 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PBL is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PBL's earnings are expected to grow with 33.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)1.79
EPS Next 2Y33.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.90%, PBL is not a good candidate for dividend investing.
PBL's Dividend Yield is comparable with the industry average which is at 4.41.
Compared to an average S&P500 Dividend Yield of 2.42, PBL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
5.2 History
The dividend of PBL has a limited annual growth rate of 4.80%.
PBL has been paying a dividend for at least 10 years, so it has a reliable track record.
PBL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.8%
Div Incr Years1
Div Non Decr Years13
5.3 Sustainability
PBL pays out 12.85% of its income as dividend. This is a sustainable payout ratio.
The dividend of PBL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP12.85%
EPS Next 2Y33.24%
EPS Next 3YN/A
TSX:PBL (7/2/2025, 7:00:00 PM)
21.68
+0.03 (+0.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners11.55%
Inst Owner ChangeN/A
Ins Owners64.24%
Ins Owner ChangeN/A
Market Cap586.44M
Analysts80
Price Target35.45 (63.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
Yearly Dividend0.19
Dividend Growth(5Y)4.8%
DP12.85%
Div Incr Years1
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-45.5%
Min EPS beat(2)-112.64%
Max EPS beat(2)21.64%
EPS beat(4)3
Avg EPS beat(4)5.7%
Min EPS beat(4)-112.64%
Max EPS beat(4)66.96%
EPS beat(8)6
Avg EPS beat(8)18.89%
EPS beat(12)7
Avg EPS beat(12)7.79%
EPS beat(16)9
Avg EPS beat(16)0.04%
Revenue beat(2)1
Avg Revenue beat(2)0%
Min Revenue beat(2)-5.62%
Max Revenue beat(2)5.63%
Revenue beat(4)3
Avg Revenue beat(4)2.15%
Min Revenue beat(4)-5.62%
Max Revenue beat(4)7.27%
Revenue beat(8)5
Avg Revenue beat(8)-0.09%
Revenue beat(12)8
Avg Revenue beat(12)-0.09%
Revenue beat(16)8
Avg Revenue beat(16)-1.01%
PT rev (1m)-0.71%
PT rev (3m)-4.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)17.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.85 | ||
| Fwd PE | 9.54 | ||
| P/S | 1.02 | ||
| P/FCF | N/A | ||
| P/OCF | 25.8 | ||
| P/B | 1.68 | ||
| P/tB | 6.31 | ||
| EV/EBITDA | 12 |
EPS(TTM)1.46
EY6.73%
EPS(NY)2.27
Fwd EY10.48%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)0.84
OCFY3.88%
SpS21.35
BVpS12.87
TBVpS3.44
PEG (NY)0.28
PEG (5Y)1.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 11.49% | ||
| ROCE | 3.47% | ||
| ROIC | 2.63% | ||
| ROICexc | 2.75% | ||
| ROICexgc | 5.25% | ||
| OM | 3.38% | ||
| PM (TTM) | 6.92% | ||
| GM | 18.81% | ||
| FCFM | N/A |
ROA(3y)5.14%
ROA(5y)5.59%
ROE(3y)9.87%
ROE(5y)12.5%
ROIC(3y)2.12%
ROIC(5y)3.81%
ROICexc(3y)2.17%
ROICexc(5y)3.86%
ROICexgc(3y)4.59%
ROICexgc(5y)7.98%
ROCE(3y)2.8%
ROCE(5y)5.04%
ROICexcg growth 3Y-10.01%
ROICexcg growth 5Y-17.9%
ROICexc growth 3Y-8.14%
ROICexc growth 5Y-20.92%
OM growth 3Y-5.89%
OM growth 5Y-18.35%
PM growth 3Y13.76%
PM growth 5Y2.7%
GM growth 3Y-1.79%
GM growth 5Y-3.87%
F-Score4
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 131.01% | ||
| Cap/Sales | 10.23% | ||
| Interest Coverage | 1.93 | ||
| Cash Conversion | 35.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 2.57 |
F-Score4
WACC7.23%
ROIC/WACC0.36
Cap/Depr(3y)95.92%
Cap/Depr(5y)90.31%
Cap/Sales(3y)7.96%
Cap/Sales(5y)7.44%
Profit Quality(3y)83.25%
Profit Quality(5y)93.5%
High Growth Momentum
Growth
EPS 1Y (TTM)20.66%
EPS 3Y20.04%
EPS 5Y8.28%
EPS Q2Q%72%
EPS Next Y53.28%
EPS Next 2Y33.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.75%
Revenue growth 3Y6.67%
Revenue growth 5Y6.97%
Sales Q2Q%16.36%
Revenue Next Year5.66%
Revenue Next 2Y4.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y112.97%
EBIT growth 3Y0.39%
EBIT growth 5Y-12.66%
EBIT Next Year75.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1039.07%
FCF growth 3Y-2.82%
FCF growth 5Y41.52%
OCF growth 1Y-26.15%
OCF growth 3Y9.34%
OCF growth 5Y20.33%