PROCORE TECHNOLOGIES INC (PCOR)
US74275K1088 - Common Stock
Taking everything into account, PCOR scores 4 out of 10 in our fundamental rating. PCOR was compared to 280 industry peers in the Software industry. The financial health of PCOR is average, but there are quite some concerns on its profitability. PCOR is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year PCOR was profitable.
PCOR had a positive operating cash flow in the past year.
In the past 5 years PCOR always reported negative net income.
Of the past 5 years PCOR 4 years had a positive operating cash flow.
1.2 Ratios
PCOR has a Return On Assets (-3.63%) which is in line with its industry peers.
The Return On Equity of PCOR (-5.69%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.63% | ||
| ROE | -5.69% | ||
| ROIC | N/A |
ROA(3y)-14.06%
ROA(5y)-14.15%
ROE(3y)-21.47%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PCOR's Gross Margin of 82.31% is amongst the best of the industry. PCOR outperforms 87.46% of its industry peers.
In the last couple of years the Gross Margin of PCOR has remained more or less at the same level.
PCOR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 82.31% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.42%
2. Health
2.1 Basic Checks
PCOR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PCOR has more shares outstanding
PCOR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PCOR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.26 indicates that PCOR is not in any danger for bankruptcy at the moment.
The Altman-Z score of PCOR (9.26) is better than 77.06% of its industry peers.
The Debt to FCF ratio of PCOR is 0.29, which is an excellent value as it means it would take PCOR, only 0.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PCOR (0.29) is better than 78.14% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that PCOR is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.03, PCOR perfoms like the industry average, outperforming 58.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 9.26 |
ROIC/WACCN/A
WACC11.9%
2.3 Liquidity
PCOR has a Current Ratio of 1.57. This is a normal value and indicates that PCOR is financially healthy and should not expect problems in meeting its short term obligations.
PCOR has a Current ratio (1.57) which is in line with its industry peers.
PCOR has a Quick Ratio of 1.57. This is a normal value and indicates that PCOR is financially healthy and should not expect problems in meeting its short term obligations.
PCOR's Quick ratio of 1.57 is in line compared to the rest of the industry. PCOR outperforms 47.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 2650.00% over the past year.
The Revenue has grown by 24.41% in the past year. This is a very strong growth!
PCOR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 38.50% yearly.
EPS 1Y (TTM)2650%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%166.67%
Revenue 1Y (TTM)24.41%
Revenue growth 3Y33.39%
Revenue growth 5Y38.5%
Sales Q2Q%19.35%
3.2 Future
Based on estimates for the next years, PCOR will show a very strong growth in Earnings Per Share. The EPS will grow by 60.68% on average per year.
Based on estimates for the next years, PCOR will show a quite strong growth in Revenue. The Revenue will grow by 17.63% on average per year.
EPS Next Y265.38%
EPS Next 2Y107.31%
EPS Next 3Y76.78%
EPS Next 5Y60.68%
Revenue Next Year22.04%
Revenue Next 2Y16.73%
Revenue Next 3Y16%
Revenue Next 5Y17.63%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 69.42, which means the current valuation is very expensive for PCOR.
PCOR's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.30, PCOR is valued quite expensively.
With a Price/Forward Earnings ratio of 61.27, PCOR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PCOR is on the same level as its industry peers.
PCOR's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.42 | ||
| Fwd PE | 61.27 |
4.2 Price Multiples
PCOR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 78.54 | ||
| EV/EBITDA | N/A |
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.
PCOR's earnings are expected to grow with 76.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y107.31%
EPS Next 3Y76.78%
5. Dividend
5.1 Amount
PCOR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PROCORE TECHNOLOGIES INC
NYSE:PCOR (12/27/2024, 8:04:01 PM)
After market: 76.36 0 (0%)76.36
-1.54 (-1.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners86.36%
Inst Owner Change5.8%
Ins Owners7.63%
Ins Owner Change-11.51%
Market Cap11.35B
Analysts76.3
Price Target83.6 (9.48%)
Short Float %6.83%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.91%
Min EPS beat(2)7.42%
Max EPS beat(2)54.4%
EPS beat(4)4
Avg EPS beat(4)69.61%
Min EPS beat(4)7.42%
Max EPS beat(4)131.87%
EPS beat(8)8
Avg EPS beat(8)101.67%
EPS beat(12)11
Avg EPS beat(12)72.84%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.08%
Min Revenue beat(2)0.88%
Max Revenue beat(2)1.28%
Revenue beat(4)4
Avg Revenue beat(4)1.31%
Min Revenue beat(4)0.38%
Max Revenue beat(4)2.69%
Revenue beat(8)8
Avg Revenue beat(8)2.42%
Revenue beat(12)12
Avg Revenue beat(12)3.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)20.67%
PT rev (3m)19.38%
EPS NQ rev (1m)1.57%
EPS NQ rev (3m)-34.61%
EPS NY rev (1m)0.45%
EPS NY rev (3m)4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.73%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.42 | ||
| Fwd PE | 61.27 | ||
| P/S | 10.23 | ||
| P/FCF | 78.54 | ||
| P/OCF | 54.61 | ||
| P/B | 8.83 | ||
| P/tB | 22.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.1
EY1.44%
EPS(NY)1.25
Fwd EY1.63%
FCF(TTM)0.97
FCFY1.27%
OCF(TTM)1.4
OCFY1.83%
SpS7.46
BVpS8.65
TBVpS3.37
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.63% | ||
| ROE | -5.69% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 82.31% | ||
| FCFM | 13.02% |
ROA(3y)-14.06%
ROA(5y)-14.15%
ROE(3y)-21.47%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.42%
F-Score7
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 74.66% | ||
| Cap/Sales | 5.71% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 9.26 |
F-Score7
WACC11.9%
ROIC/WACCN/A
Cap/Depr(3y)76.04%
Cap/Depr(5y)97.84%
Cap/Sales(3y)5.93%
Cap/Sales(5y)6.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2650%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%166.67%
EPS Next Y265.38%
EPS Next 2Y107.31%
EPS Next 3Y76.78%
EPS Next 5Y60.68%
Revenue 1Y (TTM)24.41%
Revenue growth 3Y33.39%
Revenue growth 5Y38.5%
Sales Q2Q%19.35%
Revenue Next Year22.04%
Revenue Next 2Y16.73%
Revenue Next 3Y16%
Revenue Next 5Y17.63%
EBIT growth 1Y58.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2343.39%
EBIT Next 3Y252.09%
EBIT Next 5YN/A
FCF growth 1Y336.32%
FCF growth 3Y138.72%
FCF growth 5YN/A
OCF growth 1Y1621.68%
OCF growth 3Y61.49%
OCF growth 5YN/A