PHINIA INC (PHIN) Stock Fundamental Analysis
NYSE:PHIN - New York Stock Exchange, Inc. - US71880K1016 - Common Stock - Currency: USD
PHIN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 81 industry peers in the Automobile Components industry. PHIN has a bad profitability rating. Also its financial health evaluation is rather negative. PHIN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PHIN had positive earnings in the past year.
PHIN had a positive operating cash flow in the past year.
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 has a Return On Assets of 2.03%. This is in the lower half of the industry: PHIN underperforms 67.90% of its industry peers.
PHIN has a worse Return On Equity (4.94%) than 66.67% of its industry peers.
With a Return On Invested Capital value of 8.35%, PHIN is not doing good in the industry: 61.73% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for PHIN is in line with the industry average of 9.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 4.94% | ||
| ROIC | 8.35% |
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
PHIN has a worse Profit Margin (2.28%) than 65.43% of its industry peers.
PHIN's Profit Margin has declined in the last couple of years.
PHIN has a Operating Margin of 8.81%. This is in the lower half of the industry: PHIN underperforms 60.49% of its industry peers.
PHIN's Operating Margin has improved in the last couple of years.
PHIN has a Gross Margin of 22.06%. This is in the lower half of the industry: PHIN underperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of PHIN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.81% | ||
| PM (TTM) | 2.28% | ||
| GM | 22.06% |
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.
Compared to 1 year ago, PHIN has less shares outstanding
Compared to 1 year ago, PHIN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.95 indicates that PHIN is not a great score, but indicates only limited risk for bankruptcy at the moment.
PHIN has a Altman-Z score of 1.95. This is in the lower half of the industry: PHIN underperforms 75.31% of its industry peers.
The Debt to FCF ratio of PHIN is 4.50, which is a neutral value as it means it would take PHIN, 4.50 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.50, PHIN is doing worse than 61.73% of the companies in the same industry.
A Debt/Equity ratio of 0.63 indicates that PHIN is somewhat dependend on debt financing.
PHIN has a worse Debt to Equity ratio (0.63) than 72.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 4.5 | ||
| Altman-Z | 1.95 |
ROIC/WACC0.9
WACC9.27%
2.3 Liquidity
A Current Ratio of 1.85 indicates that PHIN should not have too much problems paying its short term obligations.
PHIN's Current ratio of 1.85 is fine compared to the rest of the industry. PHIN outperforms 72.84% of its industry peers.
A Quick Ratio of 1.36 indicates that PHIN should not have too much problems paying its short term obligations.
The Quick ratio of PHIN (1.36) is better than 75.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
PHIN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.28%.
Measured over the past years, PHIN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.27% on average per year.
PHIN shows a decrease in Revenue. In the last year, the revenue decreased by -5.44%.
The Revenue has been growing slightly by 1.79% on average over the past years.
EPS 1Y (TTM)-14.28%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%-12.96%
Revenue 1Y (TTM)-5.44%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%-7.76%
3.2 Future
The Earnings Per Share is expected to grow by 10.79% on average over the next years. This is quite good.
PHIN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.07% yearly.
EPS Next Y6.91%
EPS Next 2Y11.76%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue Next Year-2.67%
Revenue Next 2Y-0.58%
Revenue Next 3Y-0.07%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.80, which indicates a correct valuation of PHIN.
Compared to the rest of the industry, the Price/Earnings ratio of PHIN is on the same level as its industry peers.
When comparing the Price/Earnings ratio of PHIN to the average of the S&P500 Index (27.45), we can say PHIN is valued rather cheaply.
A Price/Forward Earnings ratio of 9.87 indicates a reasonable valuation of PHIN.
PHIN's Price/Forward Earnings is on the same level as the industry average.
PHIN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 9.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PHIN is valued a bit cheaper than the industry average as 61.73% of the companies are valued more expensively.
67.90% 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 | 8.57 | ||
| EV/EBITDA | 5.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PHIN does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)1.85
PEG (5Y)N/A
EPS Next 2Y11.76%
EPS Next 3Y10.79%
5. Dividend
5.1 Amount
PHIN has a Yearly Dividend Yield of 2.42%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.43, PHIN has a dividend in line with its industry peers.
PHIN's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
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
PHIN pays out 56.58% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP56.58%
EPS Next 2Y11.76%
EPS Next 3Y10.79%
47.35
-0.48 (-1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners101.37%
Inst Owner Change-4.94%
Ins Owners2.18%
Ins Owner Change2.89%
Market Cap1.88B
Analysts78.33
Price Target49.57 (4.69%)
Short Float %8.27%
Short Ratio6.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
Yearly Dividend1
Dividend Growth(5Y)N/A
DP56.58%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.42%
Min EPS beat(2)-17.79%
Max EPS beat(2)-9.06%
EPS beat(4)1
Avg EPS beat(4)-4.22%
Min EPS beat(4)-24.98%
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)1
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-4.17%
Max Revenue beat(2)1.82%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)-2.41%
PT rev (3m)-18.09%
EPS NQ rev (1m)-0.01%
EPS NQ rev (3m)2.48%
EPS NY rev (1m)-0.94%
EPS NY rev (3m)-3.48%
Revenue NQ rev (1m)0.36%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 9.87 | ||
| P/S | 0.56 | ||
| P/FCF | 8.57 | ||
| P/OCF | 5.94 | ||
| P/B | 1.23 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 5.56 |
EPS(TTM)3.7
EY7.81%
EPS(NY)4.8
Fwd EY10.13%
FCF(TTM)5.53
FCFY11.67%
OCF(TTM)7.96
OCFY16.82%
SpS83.82
BVpS38.62
TBVpS17.01
PEG (NY)1.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 4.94% | ||
| ROCE | 10.58% | ||
| ROIC | 8.35% | ||
| ROICexc | 9.65% | ||
| ROICexgc | 15.01% | ||
| OM | 8.81% | ||
| PM (TTM) | 2.28% | ||
| GM | 22.06% | ||
| FCFM | 6.59% |
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 Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 4.5 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 62.18% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.44% | ||
| Profit Quality | 289.47% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 1.95 |
F-Score7
WACC9.27%
ROIC/WACC0.9
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)-14.28%
EPS 3Y-18.27%
EPS 5YN/A
EPS Q2Q%-12.96%
EPS Next Y6.91%
EPS Next 2Y11.76%
EPS Next 3Y10.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.44%
Revenue growth 3Y1.79%
Revenue growth 5YN/A
Sales Q2Q%-7.76%
Revenue Next Year-2.67%
Revenue Next 2Y-0.58%
Revenue Next 3Y-0.07%
Revenue Next 5YN/A
EBIT growth 1Y-16.71%
EBIT growth 3Y10.45%
EBIT growth 5YN/A
EBIT Next Year40.74%
EBIT Next 3Y14.44%
EBIT Next 5YN/A
FCF growth 1Y50.68%
FCF growth 3Y487.71%
FCF growth 5YN/A
OCF growth 1Y24.8%
OCF growth 3Y27.96%
OCF growth 5YN/A