PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Fundamental Analysis
USA - NYSE:PLYM - US7296401026 - REIT
22 USD
+0.13 (+0.59%)
21.71 USD
-0.29 (-1.32%)
Overall PLYM gets a fundamental rating of 4 out of 10. We evaluated PLYM against 130 industry peers in the Diversified REITs industry. While PLYM is still in line with the averages on profitability rating, there are concerns on its financial health. PLYM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PLYM was profitable.
In the past year PLYM had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PLYM reported negative net income in multiple years.
PLYM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PLYM's Return On Assets of 8.21% is amongst the best of the industry. PLYM outperforms 99.23% of its industry peers.
Looking at the Return On Equity, with a value of 24.11%, PLYM belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
PLYM has a Return On Invested Capital of 1.82%. This is in the lower half of the industry: PLYM underperforms 69.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLYM is in line with the industry average of 3.05%.
The last Return On Invested Capital (1.82%) for PLYM is above the 3 year average (1.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.21% | ||
| ROE | 24.11% | ||
| ROIC | 1.82% |
ROA(3y)2.98%
ROA(5y)0.72%
ROE(3y)6.82%
ROE(5y)1.26%
ROIC(3y)1.59%
ROIC(5y)1.17%
1.3 Margins
The Profit Margin of PLYM (67.67%) is better than 99.23% of its industry peers.
Looking at the Operating Margin, with a value of 17.98%, PLYM is in line with its industry, outperforming 43.85% of the companies in the same industry.
PLYM's Operating Margin has improved in the last couple of years.
PLYM has a Gross Margin of 68.84%. This is comparable to the rest of the industry: PLYM outperforms 56.15% of its industry peers.
In the last couple of years the Gross Margin of PLYM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.98% | ||
| PM (TTM) | 67.67% | ||
| GM | 68.84% |
OM growth 3Y39.69%
OM growth 5Y33.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLYM is destroying value.
PLYM has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PLYM has been increased compared to 5 years ago.
The debt/assets ratio for PLYM has been reduced compared to a year ago.
2.2 Solvency
PLYM has an Altman-Z score of 0.66. This is a bad value and indicates that PLYM is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PLYM (0.66) is better than 60.77% of its industry peers.
PLYM has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.56, PLYM is not doing good in the industry: 60.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.66 |
ROIC/WACC0.26
WACC6.91%
2.3 Liquidity
A Current Ratio of 0.14 indicates that PLYM may have some problems paying its short term obligations.
With a Current ratio value of 0.14, PLYM is not doing good in the industry: 94.62% of the companies in the same industry are doing better.
A Quick Ratio of 0.14 indicates that PLYM may have some problems paying its short term obligations.
PLYM has a worse Quick ratio (0.14) than 94.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 788.89% over the past year.
Looking at the last year, PLYM shows a decrease in Revenue. The Revenue has decreased by -3.64% in the last year.
PLYM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.38% yearly.
EPS 1Y (TTM)788.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-633.33%
Revenue 1Y (TTM)-3.64%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-3.27%
3.2 Future
Based on estimates for the next years, PLYM will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.17% on average per year.
Based on estimates for the next years, PLYM will show a small growth in Revenue. The Revenue will grow by 5.25% on average per year.
EPS Next Y-107.01%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
EPS Next 5Y-16.17%
Revenue Next Year-3.86%
Revenue Next 2Y2.8%
Revenue Next 3Y5.15%
Revenue Next 5Y5.25%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.17, the valuation of PLYM can be described as reasonable.
Based on the Price/Earnings ratio, PLYM is valued cheaper than 97.69% of the companies in the same industry.
PLYM is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
The Forward Price/Earnings Ratio is negative for PLYM. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PLYM's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.57 |
4.3 Compensation for Growth
The decent profitability rating of PLYM may justify a higher PE ratio.
A cheap valuation may be justified as PLYM's earnings are expected to decrease with -29.15% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
5. Dividend
5.1 Amount
PLYM has a Yearly Dividend Yield of 4.35%, which is a nice return.
PLYM's Dividend Yield is comparable with the industry average which is at 6.66.
Compared to an average S&P500 Dividend Yield of 2.38, PLYM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
5.2 History
The dividend of PLYM decreases each year by -14.54%.
PLYM has been paying a dividend for over 5 years, so it has already some track record.
The dividend of PLYM decreased recently.
Dividend Growth(5Y)-14.54%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PLYM pays out 35.03% of its income as dividend. This is a sustainable payout ratio.
PLYM's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP35.03%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
22
+0.13 (+0.59%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.76%
Inst Owner Change2.39%
Ins Owners1.52%
Ins Owner Change4.88%
Market Cap980.10M
Analysts74.67
Price Target20.69 (-5.95%)
Short Float %3.3%
Short Ratio1.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
Yearly Dividend0.96
Dividend Growth(5Y)-14.54%
DP35.03%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-185.95%
Min EPS beat(2)-341.18%
Max EPS beat(2)-30.72%
EPS beat(4)1
Avg EPS beat(4)1725.21%
Min EPS beat(4)-983.24%
Max EPS beat(4)8255.96%
EPS beat(8)4
Avg EPS beat(8)1013.18%
EPS beat(12)7
Avg EPS beat(12)678.88%
EPS beat(16)8
Avg EPS beat(16)502.68%
Revenue beat(2)0
Avg Revenue beat(2)-3.5%
Min Revenue beat(2)-6.31%
Max Revenue beat(2)-0.7%
Revenue beat(4)1
Avg Revenue beat(4)-3.67%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)0.66%
Revenue beat(8)2
Avg Revenue beat(8)-3.19%
Revenue beat(12)5
Avg Revenue beat(12)1.26%
Revenue beat(16)8
Avg Revenue beat(16)1.36%
PT rev (1m)7.83%
PT rev (3m)10.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-660%
EPS NY rev (1m)58.33%
EPS NY rev (3m)67.57%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-7.74%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | N/A | ||
| P/S | 5.1 | ||
| P/FCF | N/A | ||
| P/OCF | 9.94 | ||
| P/B | 1.82 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 15.57 |
EPS(TTM)2.4
EY10.91%
EPS(NY)-0.54
Fwd EYN/A
FCF(TTM)-7.2
FCFYN/A
OCF(TTM)2.21
OCFY10.06%
SpS4.31
BVpS12.11
TBVpS10.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.21% | ||
| ROE | 24.11% | ||
| ROCE | 2.3% | ||
| ROIC | 1.82% | ||
| ROICexc | 1.83% | ||
| ROICexgc | 1.97% | ||
| OM | 17.98% | ||
| PM (TTM) | 67.67% | ||
| GM | 68.84% | ||
| FCFM | N/A |
ROA(3y)2.98%
ROA(5y)0.72%
ROE(3y)6.82%
ROE(5y)1.26%
ROIC(3y)1.59%
ROIC(5y)1.17%
ROICexc(3y)1.61%
ROICexc(5y)1.18%
ROICexgc(3y)1.76%
ROICexgc(5y)1.29%
ROCE(3y)2.02%
ROCE(5y)1.48%
ROICexcg growth 3Y52.48%
ROICexcg growth 5Y40.61%
ROICexc growth 3Y52.9%
ROICexc growth 5Y41.59%
OM growth 3Y39.69%
OM growth 5Y33.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y1.53%
F-Score5
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 516.47% | ||
| Cap/Sales | 218.16% | ||
| Interest Coverage | 1.09 | ||
| Cash Conversion | 85.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.66 |
F-Score5
WACC6.91%
ROIC/WACC0.26
Cap/Depr(3y)157.68%
Cap/Depr(5y)286.66%
Cap/Sales(3y)76.26%
Cap/Sales(5y)143.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)788.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-633.33%
EPS Next Y-107.01%
EPS Next 2Y-47.88%
EPS Next 3Y-29.15%
EPS Next 5Y-16.17%
Revenue 1Y (TTM)-3.64%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-3.27%
Revenue Next Year-3.86%
Revenue Next 2Y2.8%
Revenue Next 3Y5.15%
Revenue Next 5Y5.25%
EBIT growth 1Y1.33%
EBIT growth 3Y56.66%
EBIT growth 5Y62.4%
EBIT Next Year164.52%
EBIT Next 3Y48.85%
EBIT Next 5Y28.44%
FCF growth 1Y-11936.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.58%
OCF growth 3Y18.36%
OCF growth 5Y28.22%