PATTERSON COS INC (PDCO)
US7033951036 - Common Stock
Taking everything into account, PDCO scores 5 out of 10 in our fundamental rating. PDCO was compared to 111 industry peers in the Health Care Providers & Services industry. PDCO has only an average score on both its financial health and profitability. PDCO is not valued too expensively and it also shows a decent growth rate. Finally PDCO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PDCO had positive earnings in the past year.
PDCO had a negative operating cash flow in the past year.
PDCO had positive earnings in 4 of the past 5 years.
In the past 5 years PDCO always reported negative operating cash flow.
1.2 Ratios
PDCO has a better Return On Assets (5.86%) than 84.68% of its industry peers.
PDCO's Return On Equity of 17.69% is amongst the best of the industry. PDCO outperforms 89.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.15%, PDCO belongs to the top of the industry, outperforming 88.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PDCO is above the industry average of 8.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.86% | ||
| ROE | 17.69% | ||
| ROIC | 10.15% |
ROA(3y)7.01%
ROA(5y)1.01%
ROE(3y)18.89%
ROE(5y)0.46%
ROIC(3y)11.02%
ROIC(5y)9.45%
1.3 Margins
PDCO has a Profit Margin of 2.58%. This is in the better half of the industry: PDCO outperforms 71.17% of its industry peers.
In the last couple of years the Profit Margin of PDCO has grown nicely.
With a Operating Margin value of 3.74%, PDCO perfoms like the industry average, outperforming 56.76% of the companies in the same industry.
PDCO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 21.03%, PDCO perfoms like the industry average, outperforming 42.34% of the companies in the same industry.
PDCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.74% | ||
| PM (TTM) | 2.58% | ||
| GM | 21.03% |
OM growth 3Y2.63%
OM growth 5Y9.29%
PM growth 3Y2.37%
PM growth 5Y13.55%
GM growth 3Y1.08%
GM growth 5Y-0.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PDCO is still creating some value.
The number of shares outstanding for PDCO has been reduced compared to 1 year ago.
PDCO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PDCO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.66 indicates that PDCO is not in any danger for bankruptcy at the moment.
PDCO has a Altman-Z score of 3.66. This is in the better half of the industry: PDCO outperforms 76.58% of its industry peers.
PDCO has a Debt/Equity ratio of 0.68. This is a neutral value indicating PDCO is somewhat dependend on debt financing.
PDCO's Debt to Equity ratio of 0.68 is in line compared to the rest of the industry. PDCO outperforms 49.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.66 |
ROIC/WACC1.32
WACC7.67%
2.3 Liquidity
A Current Ratio of 1.30 indicates that PDCO should not have too much problems paying its short term obligations.
PDCO has a Current ratio (1.30) which is in line with its industry peers.
PDCO has a Quick Ratio of 1.30. This is a bad value and indicates that PDCO is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.67, PDCO is not doing good in the industry: 79.28% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
PDCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.65%.
The Earnings Per Share has been growing by 10.53% on average over the past years. This is quite good.
Looking at the last year, PDCO shows a small growth in Revenue. The Revenue has grown by 0.13% in the last year.
The Revenue has been growing slightly by 3.34% on average over the past years.
EPS 1Y (TTM)-13.65%
EPS 3Y6.36%
EPS 5Y10.53%
EPS Q2Q%-40%
Revenue 1Y (TTM)0.13%
Revenue growth 3Y3.57%
Revenue growth 5Y3.34%
Sales Q2Q%-2.22%
3.2 Future
PDCO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.53% yearly.
The Revenue is expected to grow by 3.50% on average over the next years.
EPS Next Y2.4%
EPS Next 2Y5.42%
EPS Next 3Y6.63%
EPS Next 5Y10.53%
Revenue Next Year0.96%
Revenue Next 2Y2.1%
Revenue Next 3Y2.53%
Revenue Next 5Y3.5%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.52 indicates a reasonable valuation of PDCO.
Based on the Price/Earnings ratio, PDCO is valued cheaply inside the industry as 94.59% of the companies are valued more expensively.
PDCO is valuated cheaply when we compare the Price/Earnings ratio to 29.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.97 indicates a rather cheap valuation of PDCO.
Based on the Price/Forward Earnings ratio, PDCO is valued cheaply inside the industry as 95.50% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PDCO to the average of the S&P500 Index (24.01), we can say PDCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 7.97 |
4.2 Price Multiples
PDCO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PDCO is cheaper than 92.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PDCO does not grow enough to justify the current Price/Earnings ratio.
PDCO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.96
PEG (5Y)0.9
EPS Next 2Y5.42%
EPS Next 3Y6.63%
5. Dividend
5.1 Amount
PDCO has a Yearly Dividend Yield of 5.13%, which is a nice return.
PDCO's Dividend Yield is rather good when compared to the industry average which is at 2.85. PDCO pays more dividend than 97.30% of the companies in the same industry.
PDCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
5.2 History
The dividend of PDCO has a limited annual growth rate of 0.19%.
PDCO has been paying a dividend for at least 10 years, so it has a reliable track record.
PDCO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.19%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
PDCO pays out 57.15% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of PDCO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP57.15%
EPS Next 2Y5.42%
EPS Next 3Y6.63%
PATTERSON COS INC
NASDAQ:PDCO (11/22/2024, 8:00:00 PM)
After market: 20.46 0 (0%)20.46
+0.18 (+0.89%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.80B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 7.97 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.96
PEG (5Y)0.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.86% | ||
| ROE | 17.69% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.74% | ||
| PM (TTM) | 2.58% | ||
| GM | 21.03% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover2.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-13.65%
EPS 3Y6.36%
EPS 5Y
EPS Q2Q%
EPS Next Y2.4%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.13%
Revenue growth 3Y3.57%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y