POTLATCHDELTIC CORP (PCH) Stock Fundamental Analysis
NASDAQ:PCH - Nasdaq - US7376301039 - REIT - Currency: USD
Taking everything into account, PCH scores 4 out of 10 in our fundamental rating. PCH was compared to 28 industry peers in the Specialized REITs industry. The financial health of PCH is average, but there are quite some concerns on its profitability. While showing a medium growth rate, PCH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PCH had positive earnings in the past year.
In the past year PCH had a positive cash flow from operations.
In the past 5 years PCH has always been profitable.
Each year in the past 5 years PCH had a positive operating cash flow.
1.2 Ratios
PCH's Return On Assets of 0.66% is on the low side compared to the rest of the industry. PCH is outperformed by 75.00% of its industry peers.
PCH's Return On Equity of 1.07% is on the low side compared to the rest of the industry. PCH is outperformed by 67.86% of its industry peers.
With a Return On Invested Capital value of 0.84%, PCH is not doing good in the industry: 92.86% of the companies in the same industry are doing better.
PCH had an Average Return On Invested Capital over the past 3 years of 4.14%. This is in line with the industry average of 5.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 1.07% | ||
| ROIC | 0.84% |
ROA(3y)3.96%
ROA(5y)7.12%
ROE(3y)6.23%
ROE(5y)11.85%
ROIC(3y)4.14%
ROIC(5y)8.06%
1.3 Margins
Looking at the Profit Margin, with a value of 2.06%, PCH is doing worse than 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of PCH has declined.
PCH has a Operating Margin of 3.13%. This is amonst the worse of the industry: PCH underperforms 92.86% of its industry peers.
In the last couple of years the Operating Margin of PCH has declined.
PCH has a worse Gross Margin (10.96%) than 85.71% of its industry peers.
In the last couple of years the Gross Margin of PCH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.13% | ||
| PM (TTM) | 2.06% | ||
| GM | 10.96% |
OM growth 3Y-57.6%
OM growth 5Y-21.57%
PM growth 3Y-59.79%
PM growth 5Y-21.1%
GM growth 3Y-38.22%
GM growth 5Y-8.97%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PCH is destroying value.
The number of shares outstanding for PCH has been reduced compared to 1 year ago.
PCH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PCH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.82 indicates that PCH is not a great score, but indicates only limited risk for bankruptcy at the moment.
PCH's Altman-Z score of 1.82 is fine compared to the rest of the industry. PCH outperforms 78.57% of its industry peers.
The Debt to FCF ratio of PCH is 10.37, which is on the high side as it means it would take PCH, 10.37 years of fcf income to pay off all of its debts.
PCH has a Debt to FCF ratio of 10.37. This is in the better half of the industry: PCH outperforms 67.86% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that PCH is not too dependend on debt financing.
PCH has a Debt to Equity ratio of 0.46. This is amongst the best in the industry. PCH outperforms 96.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 10.37 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.11
WACC7.99%
2.3 Liquidity
PCH has a Current Ratio of 1.49. This is a normal value and indicates that PCH is financially healthy and should not expect problems in meeting its short term obligations.
PCH has a better Current ratio (1.49) than 82.14% of its industry peers.
PCH has a Quick Ratio of 1.08. This is a normal value and indicates that PCH is financially healthy and should not expect problems in meeting its short term obligations.
PCH has a Quick ratio of 1.08. This is in the better half of the industry: PCH outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
PCH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -51.56%.
The earnings per share for PCH have been decreasing by -21.34% on average. This is quite bad
Looking at the last year, PCH shows a small growth in Revenue. The Revenue has grown by 3.71% in the last year.
PCH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.13% yearly.
EPS 1Y (TTM)-51.56%
EPS 3Y-64.41%
EPS 5Y-21.34%
EPS Q2Q%3600%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-7.4%
Revenue growth 5Y5.13%
Sales Q2Q%1.43%
3.2 Future
The Earnings Per Share is expected to grow by 55.88% on average over the next years. This is a very strong growth
PCH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.33% yearly.
EPS Next Y192.9%
EPS Next 2Y84.14%
EPS Next 3Y55.88%
EPS Next 5YN/A
Revenue Next Year0.75%
Revenue Next 2Y2.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
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
PCH is valuated quite expensively with a Price/Earnings ratio of 158.39.
Based on the Price/Earnings ratio, PCH is valued a bit more expensive than 78.57% of the companies in the same industry.
PCH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.51.
A Price/Forward Earnings ratio of 54.08 indicates a quite expensive valuation of PCH.
Based on the Price/Forward Earnings ratio, PCH is valued a bit more expensive than 64.29% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 93.88. PCH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 158.39 | ||
| Fwd PE | 54.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCH indicates a rather expensive valuation: PCH more expensive than 89.29% of the companies listed in the same industry.
67.86% of the companies in the same industry are cheaper than PCH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.99 | ||
| EV/EBITDA | 29.51 |
4.3 Compensation for Growth
PCH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PCH's earnings are expected to grow with 55.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y84.14%
EPS Next 3Y55.88%
5. Dividend
5.1 Amount
PCH has a Yearly Dividend Yield of 4.23%, which is a nice return.
Compared to an average industry Dividend Yield of 4.83, PCH is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.27, PCH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
5.2 History
The dividend of PCH has a limited annual growth rate of 2.43%.
PCH has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.43%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PCH pays out 650.71% of its income as dividend. This is not a sustainable payout ratio.
PCH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP650.71%
EPS Next 2Y84.14%
EPS Next 3Y55.88%
POTLATCHDELTIC CORP
NASDAQ:PCH (1/30/2025, 5:20:35 PM)
After market: 44.97 +0.62 (+1.4%)44.35
+0.75 (+1.72%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners89.06%
Inst Owner Change-0.02%
Ins Owners2.43%
Ins Owner Change-0.49%
Market Cap3.49B
Analysts80
Price Target50.24 (13.28%)
Short Float %1.45%
Short Ratio2.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
Yearly Dividend1.8
Dividend Growth(5Y)2.43%
DP650.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)364.29%
Min EPS beat(2)161.24%
Max EPS beat(2)567.34%
EPS beat(4)3
Avg EPS beat(4)159.26%
Min EPS beat(4)-100%
Max EPS beat(4)567.34%
EPS beat(8)5
Avg EPS beat(8)74.96%
EPS beat(12)7
Avg EPS beat(12)45.91%
EPS beat(16)9
Avg EPS beat(16)34.67%
Revenue beat(2)2
Avg Revenue beat(2)4.23%
Min Revenue beat(2)3.68%
Max Revenue beat(2)4.79%
Revenue beat(4)3
Avg Revenue beat(4)2.76%
Min Revenue beat(4)-1.6%
Max Revenue beat(4)4.79%
Revenue beat(8)6
Avg Revenue beat(8)2.65%
Revenue beat(12)9
Avg Revenue beat(12)2.97%
Revenue beat(16)11
Avg Revenue beat(16)2.22%
PT rev (1m)-0.56%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-126.21%
EPS NY rev (1m)0%
EPS NY rev (3m)504.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.65%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)2.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 158.39 | ||
| Fwd PE | 54.08 | ||
| P/S | 3.29 | ||
| P/FCF | 34.99 | ||
| P/OCF | 18.53 | ||
| P/B | 1.71 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 29.51 |
EPS(TTM)0.28
EY0.63%
EPS(NY)0.82
Fwd EY1.85%
FCF(TTM)1.27
FCFY2.86%
OCF(TTM)2.39
OCFY5.4%
SpS13.48
BVpS25.87
TBVpS25.7
PEG (NY)0.82
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 1.07% | ||
| ROCE | 1.07% | ||
| ROIC | 0.84% | ||
| ROICexc | 0.89% | ||
| ROICexgc | 0.89% | ||
| OM | 3.13% | ||
| PM (TTM) | 2.06% | ||
| GM | 10.96% | ||
| FCFM | 9.4% |
ROA(3y)3.96%
ROA(5y)7.12%
ROE(3y)6.23%
ROE(5y)11.85%
ROIC(3y)4.14%
ROIC(5y)8.06%
ROICexc(3y)4.57%
ROICexc(5y)9.07%
ROICexgc(3y)4.61%
ROICexgc(5y)9.16%
ROCE(3y)5.24%
ROCE(5y)10.2%
ROICexcg growth 3Y-64.95%
ROICexcg growth 5Y-23.54%
ROICexc growth 3Y-64.88%
ROICexc growth 5Y-23.44%
OM growth 3Y-57.6%
OM growth 5Y-21.57%
PM growth 3Y-59.79%
PM growth 5Y-21.1%
GM growth 3Y-38.22%
GM growth 5Y-8.97%
F-Score6
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 10.37 | ||
| Debt/EBITDA | 6.39 | ||
| Cap/Depr | 78.39% | ||
| Cap/Sales | 8.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 128.83% | ||
| Profit Quality | 456.28% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.82 |
F-Score6
WACC7.99%
ROIC/WACC0.11
Cap/Depr(3y)84.43%
Cap/Depr(5y)74.94%
Cap/Sales(3y)8.55%
Cap/Sales(5y)6.71%
Profit Quality(3y)214.85%
Profit Quality(5y)185.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-51.56%
EPS 3Y-64.41%
EPS 5Y-21.34%
EPS Q2Q%3600%
EPS Next Y192.9%
EPS Next 2Y84.14%
EPS Next 3Y55.88%
EPS Next 5YN/A
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-7.4%
Revenue growth 5Y5.13%
Sales Q2Q%1.43%
Revenue Next Year0.75%
Revenue Next 2Y2.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-31.94%
EBIT growth 3Y-60.73%
EBIT growth 5Y-17.55%
EBIT Next Year899.49%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y153.78%
FCF growth 3Y-39.45%
FCF growth 5Y3.93%
OCF growth 1Y18.45%
OCF growth 3Y-28%
OCF growth 5Y6.26%