PLYMOUTH INDUSTRIAL REIT INC (PLYM)
US7296401026 - REIT
PLYM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PLYM was profitable.
PLYM had a positive operating cash flow in the past year.
PLYM had negative earnings in 4 of the past 5 years.
Each year in the past 5 years PLYM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PLYM (0.06%) is comparable to the rest of the industry.
PLYM has a Return On Equity (0.19%) which is comparable to the rest of the industry.
The Return On Invested Capital of PLYM (2.02%) is worse than 66.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLYM is below the industry average of 3.08%.
The last Return On Invested Capital (2.02%) for PLYM is above the 3 year average (1.06%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.19% | ||
| ROIC | 2.02% |
ROA(3y)-1.14%
ROA(5y)-2.01%
ROE(3y)-3.05%
ROE(5y)-5.57%
ROIC(3y)1.06%
ROIC(5y)0.8%
1.3 Margins
The Profit Margin of PLYM (0.42%) is comparable to the rest of the industry.
PLYM has a worse Operating Margin (17.95%) than 60.94% of its industry peers.
In the last couple of years the Operating Margin of PLYM has grown nicely.
PLYM has a Gross Margin (68.90%) which is comparable to the rest of the industry.
PLYM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.95% | ||
| PM (TTM) | 0.42% | ||
| GM | 68.9% |
OM growth 3Y49.06%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.75%
GM growth 5Y1.23%
2. Health
2.1 Basic Checks
PLYM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PLYM has been increased compared to 1 year ago.
Compared to 5 years ago, PLYM has more shares outstanding
PLYM has a worse debt/assets ratio than last year.
2.2 Solvency
PLYM has an Altman-Z score of 0.61. 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 (0.61) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.89 is on the high side and indicates that PLYM has dependencies on debt financing.
PLYM has a Debt to Equity ratio of 1.89. This is in the lower half of the industry: PLYM underperforms 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.61 |
ROIC/WACC0.33
WACC6.07%
2.3 Liquidity
A Current Ratio of 2.65 indicates that PLYM has no problem at all paying its short term obligations.
PLYM's Current ratio of 2.65 is amongst the best of the industry. PLYM outperforms 82.81% of its industry peers.
A Quick Ratio of 0.26 indicates that PLYM may have some problems paying its short term obligations.
With a Quick ratio value of 0.26, PLYM is not doing good in the industry: 93.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.65 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
PLYM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 187.18%, which is quite impressive.
The Revenue has been growing slightly by 2.63% in the past year.
Measured over the past years, PLYM shows a very strong growth in Revenue. The Revenue has been growing by 32.36% on average per year.
EPS 1Y (TTM)187.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70%
Revenue 1Y (TTM)2.63%
Revenue growth 3Y22.06%
Revenue growth 5Y32.36%
Sales Q2Q%3.41%
3.2 Future
Based on estimates for the next years, PLYM will show a very strong growth in Earnings Per Share. The EPS will grow by 48.52% on average per year.
PLYM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.97% yearly.
EPS Next Y176.5%
EPS Next 2Y46.95%
EPS Next 3Y43.18%
EPS Next 5Y48.52%
Revenue Next Year0.78%
Revenue Next 2Y3.65%
Revenue Next 3Y5.47%
Revenue Next 5Y6.97%
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
With a Price/Earnings ratio of 52.76, PLYM can be considered very expensive at the moment.
PLYM's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of PLYM to the average of the S&P500 Index (27.54), we can say PLYM is valued expensively.
With a Price/Forward Earnings ratio of 1407.06, PLYM can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as PLYM.
When comparing the Price/Forward Earnings ratio of PLYM to the average of the S&P500 Index (23.99), we can say PLYM is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.76 | ||
| Fwd PE | 1407.06 |
4.2 Price Multiples
PLYM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PLYM is cheaper than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.07 |
4.3 Compensation for Growth
PLYM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PLYM's earnings are expected to grow with 43.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y46.95%
EPS Next 3Y43.18%
5. Dividend
5.1 Amount
PLYM has a Yearly Dividend Yield of 5.52%, which is a nice return.
In the last 3 months the price of PLYM has falen by -21.45%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 16.05, PLYM has a dividend in line with its industry peers.
PLYM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
5.2 History
The dividend of PLYM decreases each year by -18.05%.
PLYM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-18.05%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PLYM pays out 5036.41% of its income as dividend. This is not a sustainable payout ratio.
DP5036.41%
EPS Next 2Y46.95%
EPS Next 3Y43.18%
PLYMOUTH INDUSTRIAL REIT INC
NYSE:PLYM (12/26/2024, 4:39:31 PM)
After market: 18.2 +0.26 (+1.45%)17.94
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners99.89%
Inst Owner Change-4.86%
Ins Owners1.23%
Ins Owner Change2.21%
Market Cap814.30M
Analysts76.47
Price Target24.68 (37.57%)
Short Float %1.74%
Short Ratio2.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Dividend Growth(5Y)-18.05%
DP5036.41%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-401.51%
Min EPS beat(2)-983.24%
Max EPS beat(2)180.21%
EPS beat(4)3
Avg EPS beat(4)65.37%
Min EPS beat(4)-983.24%
Max EPS beat(4)590.2%
EPS beat(8)6
Avg EPS beat(8)34.87%
EPS beat(12)7
Avg EPS beat(12)16.14%
EPS beat(16)9
Avg EPS beat(16)8.73%
Revenue beat(2)1
Avg Revenue beat(2)-2.82%
Min Revenue beat(2)-6.29%
Max Revenue beat(2)0.66%
Revenue beat(4)1
Avg Revenue beat(4)-2.85%
Min Revenue beat(4)-6.29%
Max Revenue beat(4)0.66%
Revenue beat(8)4
Avg Revenue beat(8)3.71%
Revenue beat(12)7
Avg Revenue beat(12)2.87%
Revenue beat(16)10
Avg Revenue beat(16)2.61%
PT rev (1m)-7.98%
PT rev (3m)-8.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)107.5%
EPS NY rev (1m)-64.18%
EPS NY rev (3m)-64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.85%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)5.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.76 | ||
| Fwd PE | 1407.06 | ||
| P/S | 4.04 | ||
| P/FCF | N/A | ||
| P/OCF | 11.21 | ||
| P/B | 1.87 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 13.07 |
EPS(TTM)0.34
EY1.9%
EPS(NY)0.01
Fwd EY0.07%
FCF(TTM)-1.18
FCFYN/A
OCF(TTM)1.6
OCFY8.92%
SpS4.44
BVpS9.62
TBVpS8.64
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.19% | ||
| ROCE | 2.56% | ||
| ROIC | 2.02% | ||
| ROICexc | 2.05% | ||
| ROICexgc | 2.23% | ||
| OM | 17.95% | ||
| PM (TTM) | 0.42% | ||
| GM | 68.9% | ||
| FCFM | N/A |
ROA(3y)-1.14%
ROA(5y)-2.01%
ROE(3y)-3.05%
ROE(5y)-5.57%
ROIC(3y)1.06%
ROIC(5y)0.8%
ROICexc(3y)1.07%
ROICexc(5y)0.81%
ROICexgc(3y)1.17%
ROICexgc(5y)0.89%
ROCE(3y)1.34%
ROCE(5y)1.02%
ROICexcg growth 3Y55.08%
ROICexcg growth 5YN/A
ROICexc growth 3Y56.14%
ROICexc growth 5YN/A
OM growth 3Y49.06%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.75%
GM growth 5Y1.23%
F-Score9
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.66 | ||
| Cap/Depr | 144.08% | ||
| Cap/Sales | 62.56% | ||
| Interest Coverage | 0.97 | ||
| Cash Conversion | 58.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.65 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.61 |
F-Score9
WACC6.07%
ROIC/WACC0.33
Cap/Depr(3y)271.79%
Cap/Depr(5y)359.8%
Cap/Sales(3y)137.58%
Cap/Sales(5y)181.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)187.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%70%
EPS Next Y176.5%
EPS Next 2Y46.95%
EPS Next 3Y43.18%
EPS Next 5Y48.52%
Revenue 1Y (TTM)2.63%
Revenue growth 3Y22.06%
Revenue growth 5Y32.36%
Sales Q2Q%3.41%
Revenue Next Year0.78%
Revenue Next 2Y3.65%
Revenue Next 3Y5.47%
Revenue Next 5Y6.97%
EBIT growth 1Y37.25%
EBIT growth 3Y81.94%
EBIT growth 5YN/A
EBIT Next Year225.18%
EBIT Next 3Y56.98%
EBIT Next 5Y37.01%
FCF growth 1Y84.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.65%
OCF growth 3Y25.17%
OCF growth 5Y40.66%