P G & E CORP (PCG) Stock Fundamental Analysis
USA - NYSE:PCG - US69331C1080 - Common Stock
16.27 USD
+0.11 (+0.68%)
16.3399 USD
+0.07 (+0.43%)
Overall PCG gets a fundamental rating of 3 out of 10. We evaluated PCG against 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of PCG while its profitability can be described as average. PCG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PCG had positive earnings in the past year.
PCG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PCG reported negative net income in multiple years.
Of the past 5 years PCG 4 years had a positive operating cash flow.
1.2 Ratios
PCG has a Return On Assets of 1.88%. This is amonst the worse of the industry: PCG underperforms 87.23% of its industry peers.
PCG's Return On Equity of 8.12% is on the low side compared to the rest of the industry. PCG is outperformed by 70.21% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.20%, PCG is doing worse than 72.34% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PCG is below the industry average of 4.90%.
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
With a Profit Margin value of 10.49%, PCG is not doing good in the industry: 70.21% of the companies in the same industry are doing better.
PCG has a Operating Margin (20.31%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PCG has grown nicely.
PCG has a better Gross Margin (86.01%) than 80.85% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
PCG has a Debt/Equity ratio of 1.77. This is a high value indicating a heavy dependency on external 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 76.60% 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
PCG has a Current 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.
Looking at the Current ratio, with a value of 0.94, PCG is in line with its industry, outperforming 57.45% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.89, PCG is in the better half of the industry, outperforming 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
PCG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.61%.
PCG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.12% yearly.
Looking at the last year, PCG shows a decrease in Revenue. The Revenue has decreased by -0.27% in the last year.
Measured over the past years, PCG shows a small growth in Revenue. The Revenue has been growing by 7.35% on average per year.
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
The Earnings Per Share is expected to grow by 9.63% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.99% on average over the next years.
EPS Next Y11.24%
EPS Next 2Y10.13%
EPS Next 3Y9.89%
EPS Next 5Y9.63%
Revenue Next Year3.5%
Revenue Next 2Y3.26%
Revenue Next 3Y3.26%
Revenue Next 5Y2.99%
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.
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
Based on the Price/Earnings ratio of 11.22, the valuation of PCG can be described as reasonable.
Based on the Price/Earnings ratio, PCG is valued a bit cheaper than 70.21% of the companies in the same industry.
When comparing the Price/Earnings ratio of PCG to the average of the S&P500 Index (26.13), we can say PCG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.86, the valuation of PCG can be described as reasonable.
Based on the Price/Forward Earnings ratio, PCG is valued cheaper than 80.85% of the companies in the same industry.
PCG is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 9.86 |
4.2 Price Multiples
61.70% of the companies in the same industry are more expensive than PCG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.95 |
4.3 Compensation for Growth
PCG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)1
PEG (5Y)N/A
EPS Next 2Y10.13%
EPS Next 3Y9.89%
5. Dividend
5.1 Amount
PCG has a yearly dividend return of 0.63%, which is pretty low.
With a Dividend Yield of 0.63, PCG pays less dividend than the industry average, which is at 3.22. 82.98% of the companies listed in the same industry pay a better dividend than PCG!
With a Dividend Yield of 0.63, PCG pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
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
10.01% of the earnings are spent on dividend by PCG. This is a low number and sustainable payout ratio.
DP10.01%
EPS Next 2Y10.13%
EPS Next 3Y9.89%
16.27
+0.11 (+0.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners96.87%
Inst Owner Change0.32%
Ins Owners0.17%
Ins Owner Change0.08%
Market Cap35.76B
Revenue(TTM)24.76B
Net Income(TTM)2.60B
Analysts79
Price Target21.59 (32.7%)
Short Float %1.82%
Short Ratio1.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
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)4.11%
PT rev (3m)2.96%
EPS NQ rev (1m)-11.89%
EPS NQ rev (3m)-1.24%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)-1.31%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 9.86 | ||
| P/S | 1.44 | ||
| P/FCF | N/A | ||
| P/OCF | 4.12 | ||
| P/B | 1.12 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | 9.95 |
EPS(TTM)1.45
EY8.91%
EPS(NY)1.65
Fwd EY10.14%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)3.95
OCFY24.3%
SpS11.27
BVpS14.55
TBVpS14.55
PEG (NY)1
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 Y11.24%
EPS Next 2Y10.13%
EPS Next 3Y9.89%
EPS Next 5Y9.63%
Revenue 1Y (TTM)-0.27%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%5.2%
Revenue Next Year3.5%
Revenue Next 2Y3.26%
Revenue Next 3Y3.26%
Revenue Next 5Y2.99%
EBIT growth 1Y-2.41%
EBIT growth 3Y22.92%
EBIT growth 5Y29.77%
EBIT Next Year95.25%
EBIT Next 3Y32.26%
EBIT Next 5Y20.65%
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 11.24% in the next year.