P G & E CORP (PCG) Stock Fundamental Analysis
USA - NYSE:PCG - US69331C1080 - Common Stock
14.95 USD
-0.39 (-2.54%)
14.95 USD
0 (0%)
Taking everything into account, PCG scores 3 out of 10 in our fundamental rating. PCG was compared to 48 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.
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
With a Return On Assets value of 1.72%, PCG is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 7.54%, PCG is doing worse than 77.08% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.23%, PCG is doing worse than 77.08% of the companies in the same industry.
PCG had an Average Return On Invested Capital over the past 3 years of 2.53%. This is below the industry average of 5.43%.
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 68.75% of the companies in the same industry.
The Operating Margin of PCG (20.34%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PCG has grown nicely.
PCG's Gross Margin of 86.75% is amongst the best of the industry. PCG outperforms 81.25% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PCG is destroying value.
The number of shares outstanding for PCG has been increased compared to 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
Based on the Altman-Z score of 0.46, we must say that PCG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.46, PCG is doing worse than 87.50% of the companies in the same industry.
PCG has a Debt/Equity ratio of 1.78. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.78, PCG is not doing good in the industry: 77.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.46 |
ROIC/WACC0.61
WACC5.31%
2.3 Liquidity
A Current Ratio of 0.94 indicates that PCG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.94, PCG is in line with its industry, outperforming 54.17% of the companies in the same industry.
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 64.58% 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
PCG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.35% yearly.
Based on estimates for the next years, PCG will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
EPS Next Y11.34%
EPS Next 2Y10.05%
EPS Next 3Y9.81%
EPS Next 5Y9.35%
Revenue Next Year3.56%
Revenue Next 2Y3.36%
Revenue Next 3Y3.3%
Revenue Next 5Y2.85%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 11.33, which indicates a very decent valuation of PCG.
Based on the Price/Earnings ratio, PCG is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of PCG to the average of the S&P500 Index (27.27), we can say PCG is valued rather cheaply.
A Price/Forward Earnings ratio of 9.08 indicates a reasonable valuation of PCG.
Based on the Price/Forward Earnings ratio, PCG is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, PCG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 9.08 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PCG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.82 |
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)1
PEG (5Y)N/A
EPS Next 2Y10.05%
EPS Next 3Y9.81%
5. Dividend
5.1 Amount
With a yearly dividend of 0.64%, PCG is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.47, PCG's dividend is way lower than its industry peers. On top of this 81.25% of the companies listed in the same industry pay a better dividend than PCG!
With a Dividend Yield of 0.64, PCG pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.64% |
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 8.55% of its income as dividend. This is a sustainable payout ratio.
DP8.55%
EPS Next 2Y10.05%
EPS Next 3Y9.81%
14.95
-0.39 (-2.54%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners96.56%
Inst Owner Change-1.02%
Ins Owners0.17%
Ins Owner Change0.06%
Market Cap32.86B
Analysts77.14
Price Target20.74 (38.73%)
Short Float %1.73%
Short Ratio1.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.64% |
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)-0.93%
PT rev (3m)-2.5%
EPS NQ rev (1m)-0.1%
EPS NQ rev (3m)3.63%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 9.08 | ||
| P/S | 1.34 | ||
| P/FCF | N/A | ||
| P/OCF | 3.66 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 9.82 |
EPS(TTM)1.32
EY8.83%
EPS(NY)1.65
Fwd EY11.02%
FCF(TTM)-0.99
FCFYN/A
OCF(TTM)4.08
OCFY27.29%
SpS11.13
BVpS14.19
TBVpS14.19
PEG (NY)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 | 0.46 |
F-Score6
WACC5.31%
ROIC/WACC0.61
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 3Y9.81%
EPS Next 5Y9.35%
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y5.76%
Revenue growth 5Y7.35%
Sales Q2Q%-1.47%
Revenue Next Year3.56%
Revenue Next 2Y3.36%
Revenue Next 3Y3.3%
Revenue Next 5Y2.85%
EBIT growth 1Y10.58%
EBIT growth 3Y22.92%
EBIT growth 5Y29.77%
EBIT Next Year94.05%
EBIT Next 3Y32.21%
EBIT Next 5Y20.32%
FCF growth 1Y58.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y97.45%
OCF growth 3Y52.58%
OCF growth 5Y10.78%