POTLATCHDELTIC CORP (PCH) Stock Fundamental Analysis
USA - NASDAQ:PCH - US7376301039 - REIT
39.31 USD
-0.78 (-1.95%)
39.37 USD
+0.06 (+0.15%)
Overall PCH gets a fundamental rating of 4 out of 10. We evaluated PCH against 30 industry peers in the Specialized REITs industry. While PCH seems to be doing ok healthwise, there are quite some concerns on its profitability. PCH has a correct valuation and a medium growth rate.
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.
Each year in the past 5 years PCH has been profitable.
In the past 5 years PCH always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.02%, PCH perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Return On Equity of PCH (3.37%) is comparable to the rest of the industry.
PCH has a Return On Invested Capital of 2.39%. This is in the lower half of the industry: PCH underperforms 70.00% of its industry peers.
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 4.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 3.37% | ||
| ROIC | 2.39% |
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
With a Profit Margin value of 5.76%, PCH perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
PCH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.26%, PCH is doing worse than 86.67% of the companies in the same industry.
PCH's Operating Margin has declined in the last couple of years.
PCH's Gross Margin of 15.71% is on the low side compared to the rest of the industry. PCH is outperformed by 83.33% of its industry peers.
In the last couple of years the Gross Margin of PCH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.26% | ||
| PM (TTM) | 5.76% | ||
| GM | 15.71% |
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
PCH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PCH has less shares outstanding than it did 1 year ago.
PCH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PCH has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.71, we must say that PCH is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.71, PCH belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
PCH has a debt to FCF ratio of 7.25. This is a slightly negative value and a sign of low solvency as PCH would need 7.25 years to pay back of all of its debts.
The Debt to FCF ratio of PCH (7.25) is better than 83.33% of its industry peers.
PCH has a Debt/Equity ratio of 0.53. This is a neutral value indicating PCH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.53, PCH belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 7.25 | ||
| Altman-Z | 1.71 |
ROIC/WACC0.34
WACC6.96%
2.3 Liquidity
PCH has a Current Ratio of 1.96. This is a normal value and indicates that PCH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.96, PCH belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
PCH has a Quick Ratio of 1.26. 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 Quick ratio (1.26) than 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
PCH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 308.65%, which is quite impressive.
PCH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.34% yearly.
The Revenue has been growing slightly by 5.40% in the past year.
The Revenue has been growing slightly by 5.13% on average over the past years.
EPS 1Y (TTM)308.65%
EPS 3Y-64.41%
EPS 5Y-21.34%
EPS Q2Q%800%
Revenue 1Y (TTM)5.4%
Revenue growth 3Y-7.4%
Revenue growth 5Y5.13%
Sales Q2Q%23.14%
3.2 Future
The Earnings Per Share is expected to grow by 64.10% on average over the next years. This is a very strong growth
Based on estimates for the next years, PCH will show a small growth in Revenue. The Revenue will grow by 3.05% on average per year.
EPS Next Y150.44%
EPS Next 2Y91.95%
EPS Next 3Y64.1%
EPS Next 5YN/A
Revenue Next Year3.39%
Revenue Next 2Y3.47%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
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 46.25, the valuation of PCH can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PCH is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PCH to the average of the S&P500 Index (25.89), we can say PCH is valued expensively.
With a Price/Forward Earnings ratio of 38.10, PCH can be considered very expensive at the moment.
PCH's Price/Forward Earnings ratio is in line with the industry average.
PCH's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.25 | ||
| Fwd PE | 38.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCH indicates a slightly more expensive valuation: PCH is more expensive than 63.33% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PCH is valued a bit cheaper than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.27 | ||
| EV/EBITDA | 20.45 |
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 64.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y91.95%
EPS Next 3Y64.1%
5. Dividend
5.1 Amount
PCH has a Yearly Dividend Yield of 4.49%, which is a nice return.
PCH's Dividend Yield is slightly below the industry average, which is at 6.23.
PCH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
5.2 History
The dividend of PCH has a limited annual growth rate of 2.43%.
PCH has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of PCH decreased recently.
Dividend Growth(5Y)2.43%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
PCH pays out 218.54% 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.
DP218.54%
EPS Next 2Y91.95%
EPS Next 3Y64.1%
39.31
-0.78 (-1.95%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners95.08%
Inst Owner Change-0.54%
Ins Owners1.59%
Ins Owner Change-0.02%
Market Cap3.04B
Revenue(TTM)1.12B
Net Income(TTM)64.25M
Analysts80
Price Target51.51 (31.04%)
Short Float %2.03%
Short Ratio2.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.49% |
Yearly Dividend1.8
Dividend Growth(5Y)2.43%
DP218.54%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.74%
Min EPS beat(2)-22.8%
Max EPS beat(2)42.29%
EPS beat(4)3
Avg EPS beat(4)108.98%
Min EPS beat(4)-22.8%
Max EPS beat(4)332.11%
EPS beat(8)5
Avg EPS beat(8)49.92%
EPS beat(12)7
Avg EPS beat(12)33.19%
EPS beat(16)9
Avg EPS beat(16)25.57%
Revenue beat(2)2
Avg Revenue beat(2)3.6%
Min Revenue beat(2)2.69%
Max Revenue beat(2)4.52%
Revenue beat(4)4
Avg Revenue beat(4)4.98%
Min Revenue beat(4)2.69%
Max Revenue beat(4)9.04%
Revenue beat(8)7
Avg Revenue beat(8)3.98%
Revenue beat(12)9
Avg Revenue beat(12)3.07%
Revenue beat(16)12
Avg Revenue beat(16)3.05%
PT rev (1m)-1.22%
PT rev (3m)-1.22%
EPS NQ rev (1m)-13.45%
EPS NQ rev (3m)5.89%
EPS NY rev (1m)-8.04%
EPS NY rev (3m)-19.89%
Revenue NQ rev (1m)-1.55%
Revenue NQ rev (3m)-0.96%
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.25 | ||
| Fwd PE | 38.1 | ||
| P/S | 2.72 | ||
| P/FCF | 21.27 | ||
| P/OCF | 15.19 | ||
| P/B | 1.59 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 20.45 |
EPS(TTM)0.85
EY2.16%
EPS(NY)1.03
Fwd EY2.62%
FCF(TTM)1.85
FCFY4.7%
OCF(TTM)2.59
OCFY6.58%
SpS14.43
BVpS24.68
TBVpS24.52
PEG (NY)0.31
PEG (5Y)N/A
Graham Number21.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.02% | ||
| ROE | 3.37% | ||
| ROCE | 3.03% | ||
| ROIC | 2.39% | ||
| ROICexc | 2.46% | ||
| ROICexgc | 2.47% | ||
| OM | 8.26% | ||
| PM (TTM) | 5.76% | ||
| GM | 15.71% | ||
| FCFM | 12.81% |
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%
ROICexgc growth 3Y-64.93%
ROICexgc growth 5Y-23.51%
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-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 7.25 | ||
| Debt/EBITDA | 5.09 | ||
| Cap/Depr | 54.06% | ||
| Cap/Sales | 5.12% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.11% | ||
| Profit Quality | 222.38% | ||
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 1.71 |
F-Score8
WACC6.96%
ROIC/WACC0.34
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)308.65%
EPS 3Y-64.41%
EPS 5Y-21.34%
EPS Q2Q%800%
EPS Next Y150.44%
EPS Next 2Y91.95%
EPS Next 3Y64.1%
EPS Next 5YN/A
Revenue 1Y (TTM)5.4%
Revenue growth 3Y-7.4%
Revenue growth 5Y5.13%
Sales Q2Q%23.14%
Revenue Next Year3.39%
Revenue Next 2Y3.47%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
EBIT growth 1Y363.32%
EBIT growth 3Y-60.73%
EBIT growth 5Y-17.55%
EBIT Next Year890.69%
EBIT Next 3Y129%
EBIT Next 5YN/A
FCF growth 1Y63.81%
FCF growth 3Y-39.45%
FCF growth 5Y3.93%
OCF growth 1Y32.63%
OCF growth 3Y-28%
OCF growth 5Y6.26%
POTLATCHDELTIC CORP / PCH FAQ
What is the ChartMill fundamental rating of POTLATCHDELTIC CORP (PCH) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PCH.
What is the valuation status for PCH stock?
ChartMill assigns a valuation rating of 4 / 10 to POTLATCHDELTIC CORP (PCH). This can be considered as Fairly Valued.
What is the profitability of PCH stock?
POTLATCHDELTIC CORP (PCH) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for PCH stock?
The Price/Earnings (PE) ratio for POTLATCHDELTIC CORP (PCH) is 46.25 and the Price/Book (PB) ratio is 1.59.
What is the financial health of POTLATCHDELTIC CORP (PCH) stock?
The financial health rating of POTLATCHDELTIC CORP (PCH) is 5 / 10.