PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLYM - US7296401026 - REIT
21.93 USD
0 (0%)
21.93 USD
0 (0%)
Taking everything into account, PLYM scores 4 out of 10 in our fundamental rating. PLYM was compared to 126 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.
In the past 5 years PLYM always reported a positive cash flow from operatings.
1.2 Ratios
PLYM has a better Return On Assets (5.81%) than 98.43% of its industry peers.
Looking at the Return On Equity, with a value of 19.43%, PLYM belongs to the top of the industry, outperforming 92.91% of the companies in the same industry.
PLYM has a Return On Invested Capital of 1.76%. This is in the lower half of the industry: PLYM underperforms 71.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLYM is in line with the industry average of 3.06%.
The last Return On Invested Capital (1.76%) for PLYM is above the 3 year average (1.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 19.43% | ||
| ROIC | 1.77% |
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
PLYM has a Profit Margin of 47.68%. This is amongst the best in the industry. PLYM outperforms 96.85% of its industry peers.
PLYM's Operating Margin of 17.27% is on the low side compared to the rest of the industry. PLYM is outperformed by 60.63% of its industry peers.
In the last couple of years the Operating Margin of PLYM has grown nicely.
PLYM has a Gross Margin (69.69%) which is comparable to the rest of the industry.
PLYM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.27% | ||
| PM (TTM) | 47.68% | ||
| GM | 69.69% |
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.
The number of shares outstanding for PLYM has been increased compared to 1 year ago.
PLYM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLYM has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.58, we must say that PLYM is in the distress zone and has some risk of bankruptcy.
PLYM has a Altman-Z score of 0.58. This is comparable to the rest of the industry: PLYM outperforms 52.76% of its industry peers.
PLYM has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
PLYM has a Debt to Equity ratio of 1.80. This is in the lower half of the industry: PLYM underperforms 65.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.58 |
ROIC/WACC0.26
WACC6.69%
2.3 Liquidity
PLYM has a Current Ratio of 0.17. This is a bad value and indicates that PLYM is not financially healthy enough and could expect problems in meeting its short term obligations.
PLYM has a worse Current ratio (0.17) than 92.13% of its industry peers.
PLYM has a Quick Ratio of 0.17. This is a bad value and indicates that PLYM is not financially healthy enough and could expect problems in meeting its short term obligations.
PLYM has a Quick ratio of 0.17. This is amonst the worse of the industry: PLYM underperforms 90.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
PLYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 547.06%, which is quite impressive.
The Revenue has decreased by -4.99% in the past 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)547.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-666.67%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-0.72%
3.2 Future
The Earnings Per Share is expected to decrease by -16.17% on average over the next years. This is quite bad
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-105.61%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
EPS Next 5Y-16.17%
Revenue Next Year-4.29%
Revenue Next 2Y2.25%
Revenue Next 3Y4.68%
Revenue Next 5Y5.25%
3.3 Evolution
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
A Price/Earnings ratio of 9.97 indicates a reasonable valuation of PLYM.
PLYM's Price/Earnings ratio is rather cheap when compared to the industry. PLYM is cheaper than 92.91% of the companies in the same industry.
PLYM is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
PLYM is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PLYM's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.49 |
4.3 Compensation for Growth
PLYM has a very decent profitability rating, which may justify a higher PE ratio.
PLYM's earnings are expected to decrease with -29.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
5. Dividend
5.1 Amount
PLYM has a Yearly Dividend Yield of 4.38%, which is a nice return.
PLYM's Dividend Yield is slightly below the industry average, which is at 6.86.
PLYM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
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
50.76% of the earnings are spent on dividend by PLYM. This is a bit on the high side, but may be sustainable.
PLYM's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP50.76%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
21.93
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners92.61%
Inst Owner Change-0.09%
Ins Owners1.94%
Ins Owner Change18.31%
Market Cap976.98M
Revenue(TTM)191.51M
Net Income(TTM)91.31M
Analysts71.43
Price Target22 (0.32%)
Short Float %4.33%
Short Ratio1.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
Yearly Dividend0.96
Dividend Growth(5Y)-14.54%
DP50.76%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.1%
Min EPS beat(2)-45.48%
Max EPS beat(2)-30.72%
EPS beat(4)1
Avg EPS beat(4)1959.65%
Min EPS beat(4)-341.18%
Max EPS beat(4)8255.96%
EPS beat(8)4
Avg EPS beat(8)1012.51%
EPS beat(12)7
Avg EPS beat(12)676.46%
EPS beat(16)8
Avg EPS beat(16)502.01%
Revenue beat(2)1
Avg Revenue beat(2)0.02%
Min Revenue beat(2)-0.7%
Max Revenue beat(2)0.75%
Revenue beat(4)1
Avg Revenue beat(4)-3.65%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)0.75%
Revenue beat(8)2
Avg Revenue beat(8)-3.25%
Revenue beat(12)5
Avg Revenue beat(12)1.26%
Revenue beat(16)8
Avg Revenue beat(16)1.24%
PT rev (1m)0%
PT rev (3m)2.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.97 | ||
| Fwd PE | N/A | ||
| P/S | 5.1 | ||
| P/FCF | N/A | ||
| P/OCF | 9.67 | ||
| P/B | 2.08 | ||
| P/tB | 2.34 | ||
| EV/EBITDA | 15.49 |
EPS(TTM)2.2
EY10.03%
EPS(NY)-0.48
Fwd EYN/A
FCF(TTM)-4.86
FCFYN/A
OCF(TTM)2.27
OCFY10.34%
SpS4.3
BVpS10.55
TBVpS9.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number22.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 19.43% | ||
| ROCE | 2.23% | ||
| ROIC | 1.77% | ||
| ROICexc | 1.78% | ||
| ROICexgc | 1.92% | ||
| OM | 17.27% | ||
| PM (TTM) | 47.68% | ||
| GM | 69.69% | ||
| 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%
ROICexgc growth 3Y52.48%
ROICexgc 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-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.25 | ||
| Cap/Depr | 380.09% | ||
| Cap/Sales | 165.91% | ||
| Interest Coverage | 1.1 | ||
| Cash Conversion | 86.58% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.17 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.58 |
F-Score6
WACC6.69%
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)547.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-666.67%
EPS Next Y-105.61%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
EPS Next 5Y-16.17%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y12.16%
Revenue growth 5Y21.38%
Sales Q2Q%-0.72%
Revenue Next Year-4.29%
Revenue Next 2Y2.25%
Revenue Next 3Y4.68%
Revenue Next 5Y5.25%
EBIT growth 1Y-8.6%
EBIT growth 3Y56.66%
EBIT growth 5Y62.4%
EBIT Next Year160.23%
EBIT Next 3Y49.16%
EBIT Next 5Y28.44%
FCF growth 1Y-732.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.78%
OCF growth 3Y18.36%
OCF growth 5Y28.22%
PLYMOUTH INDUSTRIAL REIT INC / PLYM FAQ
Can you provide the ChartMill fundamental rating for PLYMOUTH INDUSTRIAL REIT INC?
ChartMill assigns a fundamental rating of 4 / 10 to PLYM.
What is the valuation status of PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
ChartMill assigns a valuation rating of 3 / 10 to PLYMOUTH INDUSTRIAL REIT INC (PLYM). This can be considered as Overvalued.
How profitable is PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
PLYMOUTH INDUSTRIAL REIT INC (PLYM) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for PLYM stock?
The Earnings per Share (EPS) of PLYMOUTH INDUSTRIAL REIT INC (PLYM) is expected to decline by -105.61% in the next year.
Can you provide the dividend sustainability for PLYM stock?
The dividend rating of PLYMOUTH INDUSTRIAL REIT INC (PLYM) is 4 / 10 and the dividend payout ratio is 50.76%.