PHINIA INC (PHIN) Stock Fundamental Analysis
USA - NYSE:PHIN - US71880K1016 - Common Stock
59.43 USD
+0.93 (+1.59%)
59.74 USD
+0.31 (+0.52%)
Taking everything into account, PHIN scores 4 out of 10 in our fundamental rating. PHIN was compared to 80 industry peers in the Automobile Components industry. PHIN has a medium profitability rating, but doesn't score so well on its financial health evaluation. PHIN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PHIN had positive earnings in the past year.
In the past year PHIN had a positive cash flow from operations.
PHIN had positive earnings in 4 of the past 5 years.
PHIN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PHIN's Return On Assets of 2.77% is on the low side compared to the rest of the industry. PHIN is outperformed by 65.00% of its industry peers.
PHIN's Return On Equity of 6.64% is on the low side compared to the rest of the industry. PHIN is outperformed by 65.00% of its industry peers.
PHIN has a Return On Invested Capital of 8.31%. This is amongst the best in the industry. PHIN outperforms 87.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PHIN is in line with the industry average of 8.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 6.64% | ||
| ROIC | 8.31% |
ROA(3y)3.68%
ROA(5y)N/A
ROE(3y)8.79%
ROE(5y)N/A
ROIC(3y)9.27%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 3.22%, PHIN is not doing good in the industry: 63.75% of the companies in the same industry are doing better.
PHIN's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.05%, PHIN is doing worse than 60.00% of the companies in the same industry.
PHIN's Operating Margin has improved in the last couple of years.
PHIN's Gross Margin of 22.19% is on the low side compared to the rest of the industry. PHIN is outperformed by 67.50% of its industry peers.
PHIN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.05% | ||
| PM (TTM) | 3.22% | ||
| GM | 22.19% |
OM growth 3Y8.51%
OM growth 5YN/A
PM growth 3Y-21.01%
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PHIN is still creating some value.
The number of shares outstanding for PHIN has been reduced compared to 1 year ago.
The debt/assets ratio for PHIN is higher compared to a year ago.
2.2 Solvency
PHIN has an Altman-Z score of 2.03. This is not the best score and indicates that PHIN is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.03, PHIN is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
PHIN has a debt to FCF ratio of 6.56. This is a slightly negative value and a sign of low solvency as PHIN would need 6.56 years to pay back of all of its debts.
PHIN has a Debt to FCF ratio of 6.56. This is in the lower half of the industry: PHIN underperforms 70.00% of its industry peers.
PHIN has a Debt/Equity ratio of 0.59. This is a neutral value indicating PHIN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.59, PHIN is not doing good in the industry: 73.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.56 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.92
WACC9.05%
2.3 Liquidity
A Current Ratio of 1.86 indicates that PHIN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.86, PHIN is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
A Quick Ratio of 1.36 indicates that PHIN should not have too much problems paying its short term obligations.
PHIN has a better Quick ratio (1.36) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
PHIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.83%, which is quite impressive.
The earnings per share for PHIN have been decreasing by -18.27% on average. This is quite bad
The Revenue has decreased by -4.30% in the past year.
Measured over the past years, PHIN shows a small growth in Revenue. The Revenue has been growing by 1.79% on average per year.
EPS 1Y (TTM)60.83%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%44.32%
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%2.53%
3.2 Future
Based on estimates for the next years, PHIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.96% on average per year.
The Revenue is expected to grow by 1.74% on average over the next years.
EPS Next Y20.16%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
EPS Next 5YN/A
Revenue Next Year0.58%
Revenue Next 2Y1.46%
Revenue Next 3Y1.74%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 14.53 indicates a correct valuation of PHIN.
62.50% of the companies in the same industry are more expensive than PHIN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.41. PHIN is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 10.83 indicates a reasonable valuation of PHIN.
PHIN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.88. PHIN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
PHIN's Enterprise Value to EBITDA ratio is in line with the industry average.
62.50% of the companies in the same industry are more expensive than PHIN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.31 | ||
| EV/EBITDA | 6.44 |
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.
A more expensive valuation may be justified as PHIN's earnings are expected to grow with 17.96% in the coming years.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y19.54%
EPS Next 3Y17.96%
5. Dividend
5.1 Amount
PHIN has a Yearly Dividend Yield of 1.81%. Purely for dividend investing, there may be better candidates out there.
PHIN's Dividend Yield is comparable with the industry average which is at 3.89.
Compared to the average S&P500 Dividend Yield of 2.38, PHIN is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
5.2 History
PHIN has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
38.89% of the earnings are spent on dividend by PHIN. This is a low number and sustainable payout ratio.
DP38.89%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
59.43
+0.93 (+1.59%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners104.01%
Inst Owner Change0.78%
Ins Owners2.24%
Ins Owner Change-3.66%
Market Cap2.31B
Analysts78.18
Price Target57.94 (-2.51%)
Short Float %7.13%
Short Ratio6.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
Yearly Dividend1
Dividend Growth(5Y)N/A
DP38.89%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.13%
Min EPS beat(2)-9.06%
Max EPS beat(2)21.33%
EPS beat(4)2
Avg EPS beat(4)7.36%
Min EPS beat(4)-17.79%
Max EPS beat(4)34.95%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)0
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-4.17%
Max Revenue beat(2)-0.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.67%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)1.82%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)2.16%
PT rev (3m)14.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.69%
EPS NY rev (1m)10.72%
EPS NY rev (3m)11.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.47%
Revenue NY rev (1m)1.7%
Revenue NY rev (3m)3.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 10.83 | ||
| P/S | 0.69 | ||
| P/FCF | 15.31 | ||
| P/OCF | 8.72 | ||
| P/B | 1.42 | ||
| P/tB | 3.15 | ||
| EV/EBITDA | 6.44 |
EPS(TTM)4.09
EY6.88%
EPS(NY)5.49
Fwd EY9.23%
FCF(TTM)3.88
FCFY6.53%
OCF(TTM)6.81
OCFY11.46%
SpS86.32
BVpS41.83
TBVpS18.89
PEG (NY)0.72
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 6.64% | ||
| ROCE | 10.52% | ||
| ROIC | 8.31% | ||
| ROICexc | 9.45% | ||
| ROICexgc | 14.56% | ||
| OM | 9.05% | ||
| PM (TTM) | 3.22% | ||
| GM | 22.19% | ||
| FCFM | 4.5% |
ROA(3y)3.68%
ROA(5y)N/A
ROE(3y)8.79%
ROE(5y)N/A
ROIC(3y)9.27%
ROIC(5y)N/A
ROICexc(3y)10.65%
ROICexc(5y)N/A
ROICexgc(3y)16.59%
ROICexgc(5y)N/A
ROCE(3y)11.76%
ROCE(5y)N/A
ROICexcg growth 3Y17.73%
ROICexcg growth 5YN/A
ROICexc growth 3Y16.92%
ROICexc growth 5YN/A
OM growth 3Y8.51%
OM growth 5YN/A
PM growth 3Y-21.01%
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5YN/A
F-Score7
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 6.56 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 73.55% | ||
| Cap/Sales | 3.39% | ||
| Interest Coverage | 6.61 | ||
| Cash Conversion | 57.73% | ||
| Profit Quality | 139.82% | ||
| Current Ratio | 1.86 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.03 |
F-Score7
WACC9.05%
ROIC/WACC0.92
Cap/Depr(3y)72.1%
Cap/Depr(5y)74.99%
Cap/Sales(3y)3.52%
Cap/Sales(5y)4.06%
Profit Quality(3y)143.27%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)60.83%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%44.32%
EPS Next Y20.16%
EPS Next 2Y19.54%
EPS Next 3Y17.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.3%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%2.53%
Revenue Next Year0.58%
Revenue Next 2Y1.46%
Revenue Next 3Y1.74%
Revenue Next 5YN/A
EBIT growth 1Y-8.16%
EBIT growth 3Y10.45%
EBIT growth 5YN/A
EBIT Next Year49.39%
EBIT Next 3Y17.23%
EBIT Next 5YN/A
FCF growth 1Y103%
FCF growth 3Y487.71%
FCF growth 5YN/A
OCF growth 1Y23.2%
OCF growth 3Y27.96%
OCF growth 5YN/A