PLYMOUTH INDUSTRIAL REIT INC (PLYM) Stock Fundamental Analysis
USA - NYSE:PLYM - US7296401026 - REIT
22.31 USD
+0.14 (+0.63%)
22.31 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PLYM. PLYM was compared to 128 industry peers in the Diversified REITs industry. There are concerns on the financial health of PLYM while its profitability can be described as average. While showing a medium growth rate, PLYM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PLYM had positive earnings in the past year.
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 99.22% 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 96.09% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.82%, PLYM is doing worse than 67.97% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PLYM is in line with the industry average of 3.04%.
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 98.44% of its industry peers.
PLYM has a Operating Margin (17.98%) which is in line with its industry peers.
In the last couple of years the Operating Margin of PLYM has grown nicely.
Looking at the Gross Margin, with a value of 68.84%, PLYM is in line with its industry, outperforming 56.25% of the companies in the same industry.
PLYM's Gross Margin has improved in the last couple of years.
| 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
PLYM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
Based on the Altman-Z score of 0.67, we must say that PLYM is in the distress zone and has some risk of bankruptcy.
PLYM's Altman-Z score of 0.67 is fine compared to the rest of the industry. PLYM outperforms 60.16% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that PLYM has dependencies on debt financing.
PLYM's Debt to Equity ratio of 1.56 is on the low side compared to the rest of the industry. PLYM is outperformed by 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.67 |
ROIC/WACC0.27
WACC6.65%
2.3 Liquidity
PLYM has a Current Ratio of 0.14. 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's Current ratio of 0.14 is on the low side compared to the rest of the industry. PLYM is outperformed by 94.53% of its industry peers.
PLYM has a Quick Ratio of 0.14. This is a bad value and indicates that PLYM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PLYM (0.14) is worse than 94.53% 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.
PLYM shows a decrease in Revenue. In the last year, the revenue decreased by -3.64%.
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
PLYM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -16.17% yearly.
The Revenue is expected to grow by 5.25% on average over the next years.
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
PLYM is valuated reasonably with a Price/Earnings ratio of 9.30.
PLYM's Price/Earnings ratio is rather cheap when compared to the industry. PLYM is cheaper than 96.88% of the companies in the same industry.
PLYM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
The Forward Price/Earnings Ratio is negative for PLYM. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.3 | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PLYM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.68 |
4.3 Compensation for Growth
The decent profitability rating of PLYM 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 4.35%, which is a nice return.
Compared to an average industry Dividend Yield of 6.31, PLYM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, 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.
PLYM has decreased its dividend recently.
Dividend Growth(5Y)-14.54%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
35.03% of the earnings are spent on dividend by PLYM. This is a low number and sustainable payout ratio.
The Dividend Rate of PLYM has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP35.03%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
22.31
+0.14 (+0.63%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners109.18%
Inst Owner Change-0.67%
Ins Owners1.55%
Ins Owner Change4.29%
Market Cap993.91M
Revenue(TTM)192.22M
Net Income(TTM)130.08M
Analysts71.43
Price Target22.29 (-0.09%)
Short Float %3.94%
Short Ratio1.57
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)3.38%
PT rev (3m)16.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.71%
EPS NY rev (1m)0%
EPS NY rev (3m)66.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.3 | ||
| Fwd PE | N/A | ||
| P/S | 5.17 | ||
| P/FCF | N/A | ||
| P/OCF | 10.08 | ||
| P/B | 1.84 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 15.68 |
EPS(TTM)2.4
EY10.76%
EPS(NY)-0.48
Fwd EYN/A
FCF(TTM)-7.2
FCFYN/A
OCF(TTM)2.21
OCFY9.92%
SpS4.31
BVpS12.11
TBVpS10.89
PEG (NY)N/A
PEG (5Y)N/A
Graham Number25.57
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%
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-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 | 0.67 |
F-Score5
WACC6.65%
ROIC/WACC0.27
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-105.61%
EPS Next 2Y-47.09%
EPS Next 3Y-29.5%
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-4.29%
Revenue Next 2Y2.25%
Revenue Next 3Y4.68%
Revenue Next 5Y5.25%
EBIT growth 1Y1.33%
EBIT growth 3Y56.66%
EBIT growth 5Y62.4%
EBIT Next Year165%
EBIT Next 3Y49.06%
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%
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 for 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.
What are the PE and PB ratios of PLYMOUTH INDUSTRIAL REIT INC (PLYM) stock?
The Price/Earnings (PE) ratio for PLYMOUTH INDUSTRIAL REIT INC (PLYM) is 9.3 and the Price/Book (PB) ratio is 1.84.
Is the dividend of PLYMOUTH INDUSTRIAL REIT INC sustainable?
The dividend rating of PLYMOUTH INDUSTRIAL REIT INC (PLYM) is 5 / 10 and the dividend payout ratio is 35.03%.