P G & E CORP (PCG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PCG - US69331C1080 - Common Stock
15.99 USD
+0.22 (+1.4%)
16 USD
+0.01 (+0.06%)
PCG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. While PCG is still in line with the averages on profitability rating, there are concerns on its financial health. PCG has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PCG was profitable.
PCG had a positive operating cash flow in the past year.
In multiple years PCG reported negative net income over the last 5 years.
PCG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PCG has a worse Return On Assets (1.88%) than 87.23% of its industry peers.
With a Return On Equity value of 8.12%, PCG is not doing good in the industry: 78.72% of the companies in the same industry are doing better.
The Return On Invested Capital of PCG (3.20%) is worse than 74.47% of its industry peers.
PCG had an Average Return On Invested Capital over the past 3 years of 2.53%. This is below the industry average of 5.04%.
The 3 year average ROIC (2.53%) for PCG is below the current ROIC(3.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 8.12% | ||
| ROIC | 3.2% |
ROA(3y)1.72%
ROA(5y)0.74%
ROE(3y)8.35%
ROE(5y)3.66%
ROIC(3y)2.53%
ROIC(5y)2.43%
1.3 Margins
Looking at the Profit Margin, with a value of 10.49%, PCG is doing worse than 70.21% of the companies in the same industry.
PCG has a Operating Margin of 20.31%. This is comparable to the rest of the industry: PCG outperforms 51.06% of its industry peers.
PCG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 86.01%, PCG is in the better half of the industry, outperforming 78.72% of the companies in the same industry.
In the last couple of years the Gross Margin of PCG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.31% | ||
| PM (TTM) | 10.49% | ||
| GM | 86.01% |
OM growth 3Y16.22%
OM growth 5Y20.89%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5Y2.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PCG is destroying value.
PCG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PCG has been increased compared to 5 years ago.
Compared to 1 year ago, PCG has an improved debt to assets ratio.
2.2 Solvency
PCG has an Altman-Z score of 0.48. This is a bad value and indicates that PCG is not financially healthy and even has some risk of bankruptcy.
PCG has a Altman-Z score of 0.48. This is amonst the worse of the industry: PCG underperforms 87.23% of its industry peers.
A Debt/Equity ratio of 1.77 is on the high side and indicates that PCG has dependencies on debt financing.
PCG's Debt to Equity ratio of 1.77 is on the low side compared to the rest of the industry. PCG is outperformed by 72.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.59
WACC5.4%
2.3 Liquidity
A Current Ratio of 0.94 indicates that PCG may have some problems paying its short term obligations.
PCG's Current ratio of 0.94 is fine compared to the rest of the industry. PCG outperforms 61.70% of its industry peers.
PCG has a Quick Ratio of 0.94. This is a bad value and indicates that PCG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PCG (0.89) is better than 68.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The earnings per share for PCG have decreased by -4.61% in the last year.
The earnings per share for PCG have been decreasing by -19.12% on average. This is quite bad
Looking at the last year, PCG shows a decrease in Revenue. The Revenue has decreased by -0.27% in the last year.
The Revenue has been growing slightly by 7.35% on average over the past years.
EPS 1Y (TTM)-4.61%
EPS 3Y12.31%
EPS 5Y-19.12%
EPS Q2Q%35.14%
Revenue 1Y (TTM)-0.27%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%5.2%
3.2 Future
PCG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.61% yearly.
The Revenue is expected to grow by 3.05% on average over the next years.
EPS Next Y11.44%
EPS Next 2Y10.05%
EPS Next 3Y9.93%
EPS Next 5Y9.61%
Revenue Next Year1.93%
Revenue Next 2Y3.4%
Revenue Next 3Y3.46%
Revenue Next 5Y3.05%
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 11.03 indicates a reasonable valuation of PCG.
Based on the Price/Earnings ratio, PCG is valued a bit cheaper than 72.34% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. PCG is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.71, which indicates a very decent valuation of PCG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PCG indicates a rather cheap valuation: PCG is cheaper than 80.85% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.40. PCG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.03 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.86 |
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.
PEG (NY)0.96
PEG (5Y)N/A
EPS Next 2Y10.05%
EPS Next 3Y9.93%
5. Dividend
5.1 Amount
PCG has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
With a Dividend Yield of 1.26, PCG pays less dividend than the industry average, which is at 3.02. 80.85% of the companies listed in the same industry pay a better dividend than PCG!
PCG's Dividend Yield is slightly below the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
The dividend of PCG decreases each year by -53.24%.
PCG has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PCG decreased recently.
Dividend Growth(5Y)-53.24%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PCG pays out 10.01% of its income as dividend. This is a sustainable payout ratio.
DP10.01%
EPS Next 2Y10.05%
EPS Next 3Y9.93%
15.99
+0.22 (+1.4%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners97.8%
Inst Owner Change1.8%
Ins Owners0.17%
Ins Owner Change-0.01%
Market Cap35.14B
Revenue(TTM)24.76B
Net Income(TTM)2.60B
Analysts79.09
Price Target21.63 (35.27%)
Short Float %1.63%
Short Ratio1.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.04
Dividend Growth(5Y)-53.24%
DP10.01%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.79%
Min EPS beat(2)-3.08%
Max EPS beat(2)18.65%
EPS beat(4)1
Avg EPS beat(4)2.6%
Min EPS beat(4)-4.14%
Max EPS beat(4)18.65%
EPS beat(8)5
Avg EPS beat(8)4.04%
EPS beat(12)5
Avg EPS beat(12)0.08%
EPS beat(16)7
Avg EPS beat(16)1.55%
Revenue beat(2)0
Avg Revenue beat(2)-5.58%
Min Revenue beat(2)-6.4%
Max Revenue beat(2)-4.75%
Revenue beat(4)0
Avg Revenue beat(4)-5.91%
Min Revenue beat(4)-9.05%
Max Revenue beat(4)-3.44%
Revenue beat(8)2
Avg Revenue beat(8)-3.01%
Revenue beat(12)4
Avg Revenue beat(12)-1.75%
Revenue beat(16)5
Avg Revenue beat(16)-2.48%
PT rev (1m)0.1%
PT rev (3m)4.3%
EPS NQ rev (1m)-1.25%
EPS NQ rev (3m)-17.66%
EPS NY rev (1m)0.1%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)1.6%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.03 | ||
| Fwd PE | 9.71 | ||
| P/S | 1.42 | ||
| P/FCF | N/A | ||
| P/OCF | 4.05 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 9.86 |
EPS(TTM)1.45
EY9.07%
EPS(NY)1.65
Fwd EY10.3%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)3.95
OCFY24.72%
SpS11.27
BVpS14.55
TBVpS14.55
PEG (NY)0.96
PEG (5Y)N/A
Graham Number21.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 8.12% | ||
| ROCE | 4.09% | ||
| ROIC | 3.2% | ||
| ROICexc | 3.21% | ||
| ROICexgc | 3.21% | ||
| OM | 20.31% | ||
| PM (TTM) | 10.49% | ||
| GM | 86.01% | ||
| FCFM | N/A |
ROA(3y)1.72%
ROA(5y)0.74%
ROE(3y)8.35%
ROE(5y)3.66%
ROIC(3y)2.53%
ROIC(5y)2.43%
ROICexc(3y)2.55%
ROICexc(5y)2.44%
ROICexgc(3y)2.55%
ROICexgc(5y)2.44%
ROCE(3y)3.27%
ROCE(5y)3.16%
ROICexgc growth 3Y11.41%
ROICexgc growth 5Y18.86%
ROICexc growth 3Y11.41%
ROICexc growth 5Y18.86%
OM growth 3Y16.22%
OM growth 5Y20.89%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5Y2.03%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.03 | ||
| Cap/Depr | 263% | ||
| Cap/Sales | 46.28% | ||
| Interest Coverage | 1.82 | ||
| Cash Conversion | 92.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 0.48 |
F-Score5
WACC5.4%
ROIC/WACC0.59
Cap/Depr(3y)251.98%
Cap/Depr(5y)240.73%
Cap/Sales(3y)42.15%
Cap/Sales(5y)41.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.61%
EPS 3Y12.31%
EPS 5Y-19.12%
EPS Q2Q%35.14%
EPS Next Y11.44%
EPS Next 2Y10.05%
EPS Next 3Y9.93%
EPS Next 5Y9.61%
Revenue 1Y (TTM)-0.27%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%5.2%
Revenue Next Year1.93%
Revenue Next 2Y3.4%
Revenue Next 3Y3.46%
Revenue Next 5Y3.05%
EBIT growth 1Y-2.41%
EBIT growth 3Y22.92%
EBIT growth 5Y29.77%
EBIT Next Year91.16%
EBIT Next 3Y32.87%
EBIT Next 5Y20.95%
FCF growth 1Y30.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y64.58%
OCF growth 3Y52.58%
OCF growth 5Y10.78%
P G & E CORP / PCG FAQ
What is the fundamental rating for PCG stock?
ChartMill assigns a fundamental rating of 3 / 10 to PCG.
What is the valuation status for PCG stock?
ChartMill assigns a valuation rating of 5 / 10 to P G & E CORP (PCG). This can be considered as Fairly Valued.
Can you provide the profitability details for P G & E CORP?
P G & E CORP (PCG) has a profitability rating of 4 / 10.
What is the financial health of P G & E CORP (PCG) stock?
The financial health rating of P G & E CORP (PCG) is 1 / 10.
Can you provide the expected EPS growth for PCG stock?
The Earnings per Share (EPS) of P G & E CORP (PCG) is expected to grow by 11.44% in the next year.