PAGAYA TECHNOLOGIES LTD -A (PGY)
IL0011858912 - Common Stock
PGY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 280 industry peers in the Software industry. Both the profitability and financial health of PGY have multiple concerns. PGY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PGY has reported negative net income.
PGY had a positive operating cash flow in the past year.
1.2 Ratios
Looking at the Return On Assets, with a value of -12.98%, PGY is doing worse than 64.16% of the companies in the same industry.
Looking at the Return On Equity, with a value of -33.16%, PGY is doing worse than 62.72% of the companies in the same industry.
PGY's Return On Invested Capital of 3.24% is fine compared to the rest of the industry. PGY outperforms 70.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.98% | ||
| ROE | -33.16% | ||
| ROIC | 3.24% |
ROA(3y)-21.16%
ROA(5y)N/A
ROE(3y)-40.22%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PGY has a better Operating Margin (4.71%) than 70.97% of its industry peers.
PGY's Gross Margin of 40.89% is on the low side compared to the rest of the industry. PGY is outperformed by 76.34% of its industry peers.
In the last couple of years the Gross Margin of PGY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.71% | ||
| PM (TTM) | N/A | ||
| GM | 40.89% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.54%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PGY is destroying value.
The number of shares outstanding for PGY has been reduced compared to 1 year ago.
Compared to 1 year ago, PGY has a worse debt to assets ratio.
2.2 Solvency
PGY has an Altman-Z score of 0.64. This is a bad value and indicates that PGY is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.64, PGY is not doing good in the industry: 70.61% of the companies in the same industry are doing better.
The Debt to FCF ratio of PGY is 18.68, which is on the high side as it means it would take PGY, 18.68 years of fcf income to pay off all of its debts.
PGY has a Debt to FCF ratio of 18.68. This is comparable to the rest of the industry: PGY outperforms 46.59% of its industry peers.
A Debt/Equity ratio of 0.83 indicates that PGY is somewhat dependend on debt financing.
The Debt to Equity ratio of PGY (0.83) is worse than 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.68 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.39
WACC8.2%
2.3 Liquidity
PGY has a Current Ratio of 1.17. This is a normal value and indicates that PGY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.17, PGY is not doing good in the industry: 67.74% of the companies in the same industry are doing better.
PGY has a Quick Ratio of 1.17. This is a normal value and indicates that PGY is financially healthy and should not expect problems in meeting its short term obligations.
PGY's Quick ratio of 1.17 is on the low side compared to the rest of the industry. PGY is outperformed by 67.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for PGY have decreased by -0.79% in the last year.
Looking at the last year, PGY shows a very strong growth in Revenue. The Revenue has grown by 23.38%.
Measured over the past years, PGY shows a very strong growth in Revenue. The Revenue has been growing by 101.67% on average per year.
EPS 1Y (TTM)-0.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-158.33%
Revenue 1Y (TTM)23.38%
Revenue growth 3Y101.67%
Revenue growth 5YN/A
Sales Q2Q%21.48%
3.2 Future
The Earnings Per Share is expected to grow by 35.51% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 19.43% on average over the next years. This is quite good.
EPS Next Y-30.51%
EPS Next 2Y48.62%
EPS Next 3Y35.51%
EPS Next 5YN/A
Revenue Next Year24.76%
Revenue Next 2Y19.46%
Revenue Next 3Y19.43%
Revenue Next 5YN/A
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
PGY reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 21.08 indicates a rather expensive valuation of PGY.
Based on the Price/Forward Earnings ratio, PGY is valued a bit cheaper than the industry average as 78.49% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of PGY to the average of the S&P500 Index (23.59), we can say PGY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PGY indicates a rather cheap valuation: PGY is cheaper than 85.30% of the companies listed in the same industry.
87.46% of the companies in the same industry are more expensive than PGY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.01 | ||
| EV/EBITDA | 16.72 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PGY's earnings are expected to grow with 35.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y48.62%
EPS Next 3Y35.51%
5. Dividend
5.1 Amount
PGY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PAGAYA TECHNOLOGIES LTD -A
NASDAQ:PGY (12/30/2024, 8:00:01 PM)
Premarket: 9.53 +0.02 (+0.21%)9.51
-0.14 (-1.45%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners46.85%
Inst Owner Change-0.14%
Ins Owners2.69%
Ins Owner Change-11.85%
Market Cap700.51M
Analysts78.57
Price Target21.17 (122.61%)
Short Float %14.09%
Short Ratio3.68
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)0
Avg EPS beat(2)-5286.59%
Min EPS beat(2)-10197%
Max EPS beat(2)-376.16%
EPS beat(4)0
Avg EPS beat(4)-2829.3%
Min EPS beat(4)-10197%
Max EPS beat(4)-43.18%
EPS beat(8)1
Avg EPS beat(8)-1448.32%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.09%
Min Revenue beat(2)0.58%
Max Revenue beat(2)3.6%
Revenue beat(4)3
Avg Revenue beat(4)0.68%
Min Revenue beat(4)-6.42%
Max Revenue beat(4)4.95%
Revenue beat(8)7
Avg Revenue beat(8)3.93%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.72%
PT rev (3m)-16.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-992.45%
EPS NY rev (1m)-24.25%
EPS NY rev (3m)-98.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.08 | ||
| P/S | 0.72 | ||
| P/FCF | 20.01 | ||
| P/OCF | 13.12 | ||
| P/B | 1.31 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 16.72 |
EPS(TTM)-2.54
EYN/A
EPS(NY)0.45
Fwd EY4.74%
FCF(TTM)0.48
FCFY5%
OCF(TTM)0.73
OCFY7.62%
SpS13.18
BVpS7.28
TBVpS7.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.98% | ||
| ROE | -33.16% | ||
| ROCE | 4.1% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.73% | ||
| ROICexgc | 3.77% | ||
| OM | 4.71% | ||
| PM (TTM) | N/A | ||
| GM | 40.89% | ||
| FCFM | 3.61% |
ROA(3y)-21.16%
ROA(5y)N/A
ROE(3y)-40.22%
ROE(5y)N/A
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-9.54%
GM growth 5YN/A
F-Score4
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 18.68 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 69.57% | ||
| Cap/Sales | 1.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.98% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 0.64 |
F-Score4
WACC8.2%
ROIC/WACC0.39
Cap/Depr(3y)424.77%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.29%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-158.33%
EPS Next Y-30.51%
EPS Next 2Y48.62%
EPS Next 3Y35.51%
EPS Next 5YN/A
Revenue 1Y (TTM)23.38%
Revenue growth 3Y101.67%
Revenue growth 5YN/A
Sales Q2Q%21.48%
Revenue Next Year24.76%
Revenue Next 2Y19.46%
Revenue Next 3Y19.43%
Revenue Next 5YN/A
EBIT growth 1Y174.1%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year586.08%
EBIT Next 3Y114.24%
EBIT Next 5YN/A
FCF growth 1Y171.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y306.45%
OCF growth 3Y31.03%
OCF growth 5YN/A