P G & E CORP (PCG) Stock Fundamental Analysis
USA - NYSE:PCG - US69331C1080 - Common Stock
16.42 USD
-0.08 (-0.48%)
16.5699 USD
+0.15 (+0.91%)
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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PCG had positive earnings in the past year.
In the past year PCG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PCG reported negative net income in multiple years.
PCG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.72%, PCG is doing worse than 87.23% of the companies in the same industry.
PCG has a Return On Equity of 7.54%. This is in the lower half of the industry: PCG underperforms 72.34% of its industry peers.
The Return On Invested Capital of PCG (3.23%) 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 4.90%.
The last Return On Invested Capital (3.23%) for PCG is above the 3 year average (2.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 7.54% | ||
| ROIC | 3.23% |
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 9.61%, PCG is doing worse than 70.21% of the companies in the same industry.
PCG has a Operating Margin (20.34%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PCG has grown nicely.
With an excellent Gross Margin value of 86.75%, PCG belongs to the best of the industry, outperforming 80.85% 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 | 20.34% | ||
| PM (TTM) | 9.61% | ||
| GM | 86.75% |
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.
PCG has a better debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 0.48, PCG is doing worse than 87.23% of the companies in the same industry.
A Debt/Equity ratio of 1.78 is on the high side and indicates that PCG has dependencies on debt financing.
The Debt to Equity ratio of PCG (1.78) is worse than 76.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.6
WACC5.38%
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.
PCG's Current ratio of 0.94 is in line compared to the rest of the industry. PCG outperforms 55.32% of its industry peers.
A Quick Ratio of 0.89 indicates that PCG may have some problems paying its short term obligations.
PCG's Quick ratio of 0.89 is fine compared to the rest of the industry. PCG outperforms 65.96% 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 -5.04% in the last year.
The earnings per share for PCG have been decreasing by -19.12% on average. This is quite bad
PCG shows a decrease in Revenue. In the last year, the revenue decreased by -1.30%.
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)-5.04%
EPS 3Y12.31%
EPS 5Y-19.12%
EPS Q2Q%0%
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%-1.47%
3.2 Future
Based on estimates for the next years, PCG will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.63% on average per year.
PCG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.99% yearly.
EPS Next Y11.34%
EPS Next 2Y10.05%
EPS Next 3Y9.76%
EPS Next 5Y9.63%
Revenue Next Year3.69%
Revenue Next 2Y3.45%
Revenue Next 3Y3.34%
Revenue Next 5Y2.99%
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
The Price/Earnings ratio is 12.44, which indicates a correct valuation of PCG.
PCG's Price/Earnings ratio is a bit cheaper when compared to the industry. PCG is cheaper than 65.96% of the companies in the same industry.
PCG is valuated cheaply when we compare the Price/Earnings ratio to 27.40, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.97, the valuation of PCG can be described as reasonable.
PCG's Price/Forward Earnings ratio is rather cheap when compared to the industry. PCG is cheaper than 80.85% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, PCG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.44 | ||
| Fwd PE | 9.97 |
4.2 Price Multiples
PCG's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.09 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y10.05%
EPS Next 3Y9.76%
5. Dividend
5.1 Amount
With a yearly dividend of 0.61%, PCG is not a good candidate for dividend investing.
With a Dividend Yield of 0.61, PCG pays less dividend than the industry average, which is at 3.40. 82.98% of the companies listed in the same industry pay a better dividend than PCG!
With a Dividend Yield of 0.61, PCG pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
The dividend of PCG decreases each year by -53.24%.
PCG has paid a dividend for at least 10 years, which is 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
8.55% of the earnings are spent on dividend by PCG. This is a low number and sustainable payout ratio.
DP8.55%
EPS Next 2Y10.05%
EPS Next 3Y9.76%
16.42
-0.08 (-0.48%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners96.87%
Inst Owner Change-0.01%
Ins Owners0.17%
Ins Owner Change0.06%
Market Cap36.09B
Analysts79
Price Target20.9 (27.28%)
Short Float %1.67%
Short Ratio1.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend0.04
Dividend Growth(5Y)-53.24%
DP8.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.61%
Min EPS beat(2)-4.14%
Max EPS beat(2)-3.08%
EPS beat(4)1
Avg EPS beat(4)0.86%
Min EPS beat(4)-4.14%
Max EPS beat(4)11.69%
EPS beat(8)4
Avg EPS beat(8)0.24%
EPS beat(12)5
Avg EPS beat(12)1.88%
EPS beat(16)6
Avg EPS beat(16)-0.06%
Revenue beat(2)0
Avg Revenue beat(2)-4.92%
Min Revenue beat(2)-6.4%
Max Revenue beat(2)-3.44%
Revenue beat(4)0
Avg Revenue beat(4)-7.47%
Min Revenue beat(4)-11%
Max Revenue beat(4)-3.44%
Revenue beat(8)3
Avg Revenue beat(8)-1.62%
Revenue beat(12)4
Avg Revenue beat(12)-2.27%
Revenue beat(16)6
Avg Revenue beat(16)-2.14%
PT rev (1m)1.92%
PT rev (3m)0.16%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.44 | ||
| Fwd PE | 9.97 | ||
| P/S | 1.48 | ||
| P/FCF | N/A | ||
| P/OCF | 4.02 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 10.09 |
EPS(TTM)1.32
EY8.04%
EPS(NY)1.65
Fwd EY10.03%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)4.08
OCFY24.85%
SpS11.13
BVpS14.19
TBVpS14.19
PEG (NY)1.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 7.54% | ||
| ROCE | 4.14% | ||
| ROIC | 3.23% | ||
| ROICexc | 3.24% | ||
| ROICexgc | 3.24% | ||
| OM | 20.34% | ||
| PM (TTM) | 9.61% | ||
| GM | 86.75% | ||
| 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%
ROICexcg growth 3Y11.41%
ROICexcg 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-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6 | ||
| Cap/Depr | 259.87% | ||
| Cap/Sales | 45.53% | ||
| Interest Coverage | 1.98 | ||
| Cash Conversion | 96.87% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 0.48 |
F-Score6
WACC5.38%
ROIC/WACC0.6
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)-5.04%
EPS 3Y12.31%
EPS 5Y-19.12%
EPS Q2Q%0%
EPS Next Y11.34%
EPS Next 2Y10.05%
EPS Next 3Y9.76%
EPS Next 5Y9.63%
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%-1.47%
Revenue Next Year3.69%
Revenue Next 2Y3.45%
Revenue Next 3Y3.34%
Revenue Next 5Y2.99%
EBIT growth 1Y10.58%
EBIT growth 3Y22.92%
EBIT growth 5Y29.77%
EBIT Next Year95.25%
EBIT Next 3Y32.26%
EBIT Next 5Y20.65%
FCF growth 1Y58.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y97.45%
OCF growth 3Y52.58%
OCF growth 5Y10.78%