6.99 USD
-0.01 (-0.14%)
At close: Dec 15, 2023
6.99 USD
0 (0%)
After Hours: 12/15/2023, 8:09:10 PM
We assign a fundamental rating of 5 out of 10 to PCTI. PCTI was compared to 48 industry peers in the Communications Equipment industry. PCTI has an excellent financial health rating, but there are some minor concerns on its profitability. PCTI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- PCTI had positive earnings in the past year.
- In the past year PCTI had a positive cash flow from operations.
1.2 Ratios
- PCTI's Return On Assets of 5.13% is fine compared to the rest of the industry. PCTI outperforms 76.27% of its industry peers.
- PCTI's Return On Equity of 6.31% is fine compared to the rest of the industry. PCTI outperforms 71.19% of its industry peers.
- PCTI has a better Return On Invested Capital (4.25%) than 62.71% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for PCTI is significantly below the industry average of 11.74%.
- The 3 year average ROIC (2.82%) for PCTI is below the current ROIC(4.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 6.31% | ||
| ROIC | 4.25% |
ROA(3y)2.45%
ROA(5y)-0.83%
ROE(3y)3.09%
ROE(5y)-0.82%
ROIC(3y)2.82%
ROIC(5y)N/A
1.3 Margins
- PCTI has a better Profit Margin (4.90%) than 66.10% of its industry peers.
- PCTI's Profit Margin has declined in the last couple of years.
- PCTI has a Operating Margin (4.37%) which is comparable to the rest of the industry.
- PCTI's Operating Margin has improved in the last couple of years.
- PCTI has a better Gross Margin (48.68%) than 71.19% of its industry peers.
- In the last couple of years the Gross Margin of PCTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.37% | ||
| PM (TTM) | 4.9% | ||
| GM | 48.68% |
OM growth 3Y-2.07%
OM growth 5Y17.43%
PM growth 3Y-11.4%
PM growth 5Y-6.84%
GM growth 3Y0.12%
GM growth 5Y1.61%
2. Health
2.1 Basic Checks
- PCTI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, PCTI has more shares outstanding
- Compared to 1 year ago, PCTI has an improved debt to assets ratio.
2.2 Solvency
- PCTI has an Altman-Z score of 6.12. This indicates that PCTI is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of PCTI (6.12) is better than 91.53% of its industry peers.
- PCTI has a debt to FCF ratio of 0.02. This is a very positive value and a sign of high solvency as it would only need 0.02 years to pay back of all of its debts.
- PCTI's Debt to FCF ratio of 0.02 is amongst the best of the industry. PCTI outperforms 88.14% of its industry peers.
- A Debt/Equity ratio of 0.00 indicates that PCTI is not too dependend on debt financing.
- PCTI has a better Debt to Equity ratio (0.00) than 74.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Altman-Z | 6.12 |
ROIC/WACC0.5
WACC8.53%
2.3 Liquidity
- A Current Ratio of 5.19 indicates that PCTI has no problem at all paying its short term obligations.
- PCTI's Current ratio of 5.19 is amongst the best of the industry. PCTI outperforms 89.83% of its industry peers.
- A Quick Ratio of 3.85 indicates that PCTI has no problem at all paying its short term obligations.
- The Quick ratio of PCTI (3.85) is better than 88.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.19 | ||
| Quick Ratio | 3.85 |
3. Growth
3.1 Past
- PCTI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
- Measured over the past years, PCTI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.07% on average per year.
- Looking at the last year, PCTI shows a very negative growth in Revenue. The Revenue has decreased by -12.72% in the last year.
- Measured over the past years, PCTI shows a small growth in Revenue. The Revenue has been growing by 1.69% on average per year.
EPS 1Y (TTM)-7.89%
EPS 3Y-3.68%
EPS 5Y10.07%
EPS Q2Q%-100%
Revenue 1Y (TTM)-12.72%
Revenue growth 3Y3.14%
Revenue growth 5Y1.69%
Sales Q2Q%-33.09%
3.2 Future
- The Earnings Per Share is expected to decrease by -7.80% on average over the next years.
- Based on estimates for the next years, PCTI will show a decrease in Revenue. The Revenue will decrease by -3.06% on average per year.
EPS Next Y-29.57%
EPS Next 2Y-7.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-14.62%
Revenue Next 2Y-3.06%
Revenue Next 3YN/A
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 decreasing.
- 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
- PCTI is valuated rather expensively with a Price/Earnings ratio of 19.97.
- Compared to the rest of the industry, the Price/Earnings ratio of PCTI indicates a somewhat cheap valuation: PCTI is cheaper than 61.02% of the companies listed in the same industry.
- PCTI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
- PCTI is valuated rather expensively with a Price/Forward Earnings ratio of 19.58.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PCTI is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, PCTI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 19.58 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PCTI is valued a bit cheaper than the industry average as 74.58% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, PCTI is valued cheaper than 83.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.1 | ||
| EV/EBITDA | 11.41 |
4.3 Compensation for Growth
- A cheap valuation may be justified as PCTI's earnings are expected to decrease with -7.80% in the coming years.
PEG (NY)N/A
PEG (5Y)1.98
EPS Next 2Y-7.8%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- PCTI has a Yearly Dividend Yield of 3.15%.
- Compared to an average industry Dividend Yield of 0.78, PCTI pays a better dividend. On top of this PCTI pays more dividend than 89.83% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, PCTI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
5.2 History
- The dividend of PCTI has a limited annual growth rate of 0.90%.
- PCTI has been paying a dividend for at least 10 years, so it has a reliable track record.
- PCTI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.9%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
- 97.89% of the earnings are spent on dividend by PCTI. This is not a sustainable payout ratio.
- PCTI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP97.89%
EPS Next 2Y-7.8%
EPS Next 3YN/A
6.99
-0.01 (-0.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-08 2023-11-08/amc
Earnings (Next)03-05 2024-03-05/amc
Inst Owners0.34%
Inst Owner Change0%
Ins Owners5.47%
Ins Owner Change0%
Market Cap135.26M
Revenue(TTM)86.86M
Net Income(TTM)4.26M
Analysts43.33
Price Target7.14 (2.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
Yearly Dividend0.22
Dividend Growth(5Y)0.9%
DP97.89%
Div Incr Years0
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.38%
Min EPS beat(2)-100%
Max EPS beat(2)128.76%
EPS beat(4)2
Avg EPS beat(4)40.52%
Min EPS beat(4)-100%
Max EPS beat(4)135.29%
EPS beat(8)6
Avg EPS beat(8)75.74%
EPS beat(12)9
Avg EPS beat(12)66.61%
EPS beat(16)11
Avg EPS beat(16)55.36%
Revenue beat(2)0
Avg Revenue beat(2)-9.21%
Min Revenue beat(2)-16.83%
Max Revenue beat(2)-1.58%
Revenue beat(4)1
Avg Revenue beat(4)-5.15%
Min Revenue beat(4)-16.83%
Max Revenue beat(4)0.09%
Revenue beat(8)3
Avg Revenue beat(8)-1.58%
Revenue beat(12)4
Avg Revenue beat(12)-1.44%
Revenue beat(16)4
Avg Revenue beat(16)-2.24%
PT rev (1m)0%
PT rev (3m)-22.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)99900%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 19.58 | ||
| P/S | 1.56 | ||
| P/FCF | 14.1 | ||
| P/OCF | 12.19 | ||
| P/B | 2.01 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 11.41 |
EPS(TTM)0.35
EY5.01%
EPS(NY)0.36
Fwd EY5.11%
FCF(TTM)0.5
FCFY7.09%
OCF(TTM)0.57
OCFY8.21%
SpS4.49
BVpS3.48
TBVpS3.14
PEG (NY)N/A
PEG (5Y)1.98
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 6.31% | ||
| ROCE | 5.37% | ||
| ROIC | 4.25% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 9.78% | ||
| OM | 4.37% | ||
| PM (TTM) | 4.9% | ||
| GM | 48.68% | ||
| FCFM | 11.04% |
ROA(3y)2.45%
ROA(5y)-0.83%
ROE(3y)3.09%
ROE(5y)-0.82%
ROIC(3y)2.82%
ROIC(5y)N/A
ROICexc(3y)5.1%
ROICexc(5y)N/A
ROICexgc(3y)5.89%
ROICexgc(5y)N/A
ROCE(3y)3.57%
ROCE(5y)N/A
ROICexgc growth 3Y-1.03%
ROICexgc growth 5Y22.36%
ROICexc growth 3Y-3.65%
ROICexc growth 5Y21.11%
OM growth 3Y-2.07%
OM growth 5Y17.43%
PM growth 3Y-11.4%
PM growth 5Y-6.84%
GM growth 3Y0.12%
GM growth 5Y1.61%
F-Score6
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Debt/EBITDA | 0.02 | ||
| Cap/Depr | 59.68% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 175.36% | ||
| Profit Quality | 225.12% | ||
| Current Ratio | 5.19 | ||
| Quick Ratio | 3.85 | ||
| Altman-Z | 6.12 |
F-Score6
WACC8.53%
ROIC/WACC0.5
Cap/Depr(3y)75.25%
Cap/Depr(5y)71.31%
Cap/Sales(3y)2.92%
Cap/Sales(5y)2.91%
Profit Quality(3y)686.53%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.89%
EPS 3Y-3.68%
EPS 5Y10.07%
EPS Q2Q%-100%
EPS Next Y-29.57%
EPS Next 2Y-7.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-12.72%
Revenue growth 3Y3.14%
Revenue growth 5Y1.69%
Sales Q2Q%-33.09%
Revenue Next Year-14.62%
Revenue Next 2Y-3.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y44.49%
EBIT growth 3Y1%
EBIT growth 5Y19.42%
EBIT Next Year-3.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y48.91%
FCF growth 3Y-27.21%
FCF growth 5Y-11.92%
OCF growth 1Y21.05%
OCF growth 3Y-27.57%
OCF growth 5Y-14.29%
PCTEL INC / PCTI FAQ
Can you provide the ChartMill fundamental rating for PCTEL INC?
ChartMill assigns a fundamental rating of 5 / 10 to PCTI.
What is the valuation status for PCTI stock?
ChartMill assigns a valuation rating of 4 / 10 to PCTEL INC (PCTI). This can be considered as Fairly Valued.
How profitable is PCTEL INC (PCTI) stock?
PCTEL INC (PCTI) has a profitability rating of 6 / 10.
What is the expected EPS growth for PCTEL INC (PCTI) stock?
The Earnings per Share (EPS) of PCTEL INC (PCTI) is expected to decline by -29.57% in the next year.
How sustainable is the dividend of PCTEL INC (PCTI) stock?
The dividend rating of PCTEL INC (PCTI) is 5 / 10 and the dividend payout ratio is 97.89%.