PERKINELMER INC (PKI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PKI - US7140461093 - Common Stock
115.24 USD
-1.06 (-0.91%)
115.24 USD
0 (0%)
PKI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 58 industry peers in the Life Sciences Tools & Services industry. PKI scores excellent on profitability, but there are some minor concerns on its financial health. PKI has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year PKI was profitable.
- In the past year PKI had a positive cash flow from operations.
1.2 Ratios
- PKI has a better Return On Assets (5.28%) than 76.19% of its industry peers.
- Looking at the Return On Equity, with a value of 10.11%, PKI is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- PKI's Return On Invested Capital of 6.49% is fine compared to the rest of the industry. PKI outperforms 73.02% of its industry peers.
- PKI had an Average Return On Invested Capital over the past 3 years of 52.37%. This is significantly above the industry average of 13.29%.
- The 3 year average ROIC (52.37%) for PKI is well above the current ROIC(6.49%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.28% | ||
| ROE | 10.11% | ||
| ROIC | 6.49% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)52.37%
ROIC(5y)N/A
1.3 Margins
- PKI's Profit Margin of 16.32% is amongst the best of the industry. PKI outperforms 82.54% of its industry peers.
- PKI's Profit Margin has improved in the last couple of years.
- PKI has a better Operating Margin (23.43%) than 88.89% of its industry peers.
- In the last couple of years the Operating Margin of PKI has grown nicely.
- With a decent Gross Margin value of 58.39%, PKI is doing good in the industry, outperforming 76.19% of the companies in the same industry.
- PKI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.43% | ||
| PM (TTM) | 16.32% | ||
| GM | 58.39% |
OM growth 3Y19.66%
OM growth 5Y11.6%
PM growth 3Y29.61%
PM growth 5Y5.8%
GM growth 3Y7.46%
GM growth 5Y4.78%
2. Health
2.1 Basic Checks
- PKI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for PKI remains at a similar level compared to 1 year ago.
- Compared to 1 year ago, PKI has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.51 indicates that PKI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- PKI's Altman-Z score of 2.51 is in line compared to the rest of the industry. PKI outperforms 55.56% of its industry peers.
- The Debt to FCF ratio of PKI is 7.40, which is on the high side as it means it would take PKI, 7.40 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 7.40, PKI is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- PKI has a Debt/Equity ratio of 0.53. This is a neutral value indicating PKI is somewhat dependend on debt financing.
- PKI's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. PKI is outperformed by 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 7.4 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.65
WACC10.02%
2.3 Liquidity
- PKI has a Current Ratio of 2.13. This indicates that PKI is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.13, PKI is doing worse than 68.25% of the companies in the same industry.
- A Quick Ratio of 1.87 indicates that PKI should not have too much problems paying its short term obligations.
- PKI has a Quick ratio of 1.87. This is in the lower half of the industry: PKI underperforms 65.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
- The earnings per share for PKI have decreased strongly by -30.47% in the last year.
- The Earnings Per Share has been growing by 22.15% on average over the past years. This is a very strong growth
- Looking at the last year, PKI shows a decrease in Revenue. The Revenue has decreased by -3.37% in the last year.
- Measured over the past years, PKI shows a small growth in Revenue. The Revenue has been growing by 7.97% on average per year.
EPS 1Y (TTM)-30.47%
EPS 3Y24.65%
EPS 5Y22.15%
EPS Q2Q%-33.59%
Revenue 1Y (TTM)-3.37%
Revenue growth 3Y4.72%
Revenue growth 5Y7.97%
Sales Q2Q%-27.89%
3.2 Future
- Based on estimates for the next years, PKI will show a small growth in Earnings Per Share. The EPS will grow by 6.04% on average per year.
- The Revenue is expected to decrease by -8.60% on average over the next years.
EPS Next Y-34.36%
EPS Next 2Y-12.79%
EPS Next 3Y-4.57%
EPS Next 5Y6.04%
Revenue Next Year-31.32%
Revenue Next 2Y-15.11%
Revenue Next 3Y-8.6%
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
- The Price/Earnings ratio is 14.51, which indicates a correct valuation of PKI.
- Based on the Price/Earnings ratio, PKI is valued cheaply inside the industry as 96.83% of the companies are valued more expensively.
- PKI is valuated rather cheaply when we compare the Price/Earnings ratio to 28.87, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 22.11, the valuation of PKI can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, PKI is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
- PKI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 22.11 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PKI indicates a rather cheap valuation: PKI is cheaper than 93.65% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, PKI is valued cheaper than 87.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.52 | ||
| EV/EBITDA | 12.35 |
4.3 Compensation for Growth
- The decent profitability rating of PKI may justify a higher PE ratio.
- PKI's earnings are expected to decrease with -4.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.66
EPS Next 2Y-12.79%
EPS Next 3Y-4.57%
5. Dividend
5.1 Amount
- PKI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PERKINELMER INC / PKI FAQ
What is the ChartMill fundamental rating of PERKINELMER INC (PKI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PKI.
What is the valuation status of PERKINELMER INC (PKI) stock?
ChartMill assigns a valuation rating of 7 / 10 to PERKINELMER INC (PKI). This can be considered as Undervalued.
Can you provide the profitability details for PERKINELMER INC?
PERKINELMER INC (PKI) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for PKI stock?
The Earnings per Share (EPS) of PERKINELMER INC (PKI) is expected to decline by -34.36% in the next year.
Can you provide the dividend sustainability for PKI stock?
The dividend rating of PERKINELMER INC (PKI) is 0 / 10 and the dividend payout ratio is 4.74%.