INSULET CORP (PODD) Stock Fundamental Analysis
NASDAQ:PODD - Nasdaq - US45784P1012 - Common Stock - Currency: USD
Overall PODD gets a fundamental rating of 7 out of 10. We evaluated PODD against 188 industry peers in the Health Care Equipment & Supplies industry. While PODD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PODD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make PODD a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year PODD was profitable.
In the past year PODD had a positive cash flow from operations.
PODD had positive earnings in each of the past 5 years.
Of the past 5 years PODD 4 years had a positive operating cash flow.
1.2 Ratios
PODD's Return On Assets of 13.55% is amongst the best of the industry. PODD outperforms 94.62% of its industry peers.
Looking at the Return On Equity, with a value of 34.52%, PODD belongs to the top of the industry, outperforming 98.92% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.49%, PODD belongs to the top of the industry, outperforming 89.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PODD is in line with the industry average of 7.84%.
The 3 year average ROIC (6.40%) for PODD is below the current ROIC(9.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.55% | ||
| ROE | 34.52% | ||
| ROIC | 9.49% |
ROA(3y)7.24%
ROA(5y)4.58%
ROE(3y)21.22%
ROE(5y)13.56%
ROIC(3y)6.4%
ROIC(5y)5.42%
1.3 Margins
Looking at the Profit Margin, with a value of 20.19%, PODD belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
PODD's Profit Margin has improved in the last couple of years.
The Operating Margin of PODD (14.91%) is better than 85.48% of its industry peers.
In the last couple of years the Operating Margin of PODD has grown nicely.
The Gross Margin of PODD (69.79%) is better than 80.65% of its industry peers.
In the last couple of years the Gross Margin of PODD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.91% | ||
| PM (TTM) | 20.19% | ||
| GM | 69.79% |
OM growth 3Y9.15%
OM growth 5Y17.1%
PM growth 3Y136.37%
PM growth 5Y66.64%
GM growth 3Y0.65%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PODD is still creating some value.
PODD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PODD has been increased compared to 5 years ago.
PODD has a better debt/assets ratio than last year.
2.2 Solvency
PODD has an Altman-Z score of 7.66. This indicates that PODD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 7.66, PODD belongs to the best of the industry, outperforming 88.17% of the companies in the same industry.
The Debt to FCF ratio of PODD is 4.70, which is a neutral value as it means it would take PODD, 4.70 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.70, PODD is doing good in the industry, outperforming 79.57% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that PODD has dependencies on debt financing.
PODD has a worse Debt to Equity ratio (1.08) than 79.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 4.7 | ||
| Altman-Z | 7.66 |
ROIC/WACC1.11
WACC8.54%
2.3 Liquidity
A Current Ratio of 3.58 indicates that PODD has no problem at all paying its short term obligations.
PODD has a Current ratio of 3.58. This is in the better half of the industry: PODD outperforms 62.37% of its industry peers.
PODD has a Quick Ratio of 2.76. This indicates that PODD is financially healthy and has no problem in meeting its short term obligations.
PODD has a Quick ratio (2.76) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
PODD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.43%, which is quite impressive.
Measured over the past years, PODD shows a very strong growth in Earnings Per Share. The EPS has been growing by 79.24% on average per year.
Looking at the last year, PODD shows a very strong growth in Revenue. The Revenue has grown by 22.07%.
The Revenue has been growing by 22.92% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)22.43%
EPS 3Y58.9%
EPS 5Y79.24%
EPS Q2Q%-17.86%
Revenue 1Y (TTM)22.07%
Revenue growth 3Y23.54%
Revenue growth 5Y22.92%
Sales Q2Q%17.2%
3.2 Future
The Earnings Per Share is expected to grow by 21.66% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 14.11% on average over the next years. This is quite good.
EPS Next Y18.97%
EPS Next 2Y21.85%
EPS Next 3Y20.66%
EPS Next 5Y21.66%
Revenue Next Year18.07%
Revenue Next 2Y17.64%
Revenue Next 3Y16.16%
Revenue Next 5Y14.11%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 81.87, which means the current valuation is very expensive for PODD.
65.05% of the companies in the same industry are more expensive than PODD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.75, PODD is valued quite expensively.
PODD is valuated quite expensively with a Price/Forward Earnings ratio of 68.82.
68.28% of the companies in the same industry are more expensive than PODD, based on the Price/Forward Earnings ratio.
PODD's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 81.87 | ||
| Fwd PE | 68.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PODD is valued a bit cheaper than the industry average as 67.74% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PODD is valued a bit cheaper than 70.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.54 | ||
| EV/EBITDA | 50.1 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PODD has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PODD's earnings are expected to grow with 20.66% in the coming years.
PEG (NY)4.32
PEG (5Y)1.03
EPS Next 2Y21.85%
EPS Next 3Y20.66%
5. Dividend
5.1 Amount
No dividends for PODD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
272.64
+0.37 (+0.14%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners102.12%
Inst Owner Change1.05%
Ins Owners0.24%
Ins Owner Change1.49%
Market Cap19.12B
Analysts84.67
Price Target301.15 (10.46%)
Short Float %3.5%
Short Ratio4.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.95%
Min EPS beat(2)10.04%
Max EPS beat(2)15.85%
EPS beat(4)3
Avg EPS beat(4)26.52%
Min EPS beat(4)-4.04%
Max EPS beat(4)84.22%
EPS beat(8)7
Avg EPS beat(8)55.15%
EPS beat(12)10
Avg EPS beat(12)27.43%
EPS beat(16)12
Avg EPS beat(16)19.01%
Revenue beat(2)2
Avg Revenue beat(2)1.62%
Min Revenue beat(2)0.51%
Max Revenue beat(2)2.74%
Revenue beat(4)4
Avg Revenue beat(4)2.2%
Min Revenue beat(4)0.51%
Max Revenue beat(4)3.42%
Revenue beat(8)8
Avg Revenue beat(8)3.33%
Revenue beat(12)12
Avg Revenue beat(12)3.71%
Revenue beat(16)14
Avg Revenue beat(16)2.71%
PT rev (1m)0%
PT rev (3m)6.75%
EPS NQ rev (1m)3.44%
EPS NQ rev (3m)4.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.1%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 81.87 | ||
| Fwd PE | 68.82 | ||
| P/S | 9.23 | ||
| P/FCF | 64.54 | ||
| P/OCF | 44.44 | ||
| P/B | 15.78 | ||
| P/tB | 18.01 | ||
| EV/EBITDA | 50.1 |
EPS(TTM)3.33
EY1.22%
EPS(NY)3.96
Fwd EY1.45%
FCF(TTM)4.22
FCFY1.55%
OCF(TTM)6.13
OCFY2.25%
SpS29.54
BVpS17.27
TBVpS15.14
PEG (NY)4.32
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.55% | ||
| ROE | 34.52% | ||
| ROCE | 12.07% | ||
| ROIC | 9.49% | ||
| ROICexc | 15.08% | ||
| ROICexgc | 16.62% | ||
| OM | 14.91% | ||
| PM (TTM) | 20.19% | ||
| GM | 69.79% | ||
| FCFM | 14.3% |
ROA(3y)7.24%
ROA(5y)4.58%
ROE(3y)21.22%
ROE(5y)13.56%
ROIC(3y)6.4%
ROIC(5y)5.42%
ROICexc(3y)9.71%
ROICexc(5y)8.89%
ROICexgc(3y)10.75%
ROICexgc(5y)9.79%
ROCE(3y)8.12%
ROCE(5y)6.87%
ROICexcg growth 3Y16.78%
ROICexcg growth 5Y18.66%
ROICexc growth 3Y15.99%
ROICexc growth 5Y18.5%
OM growth 3Y9.15%
OM growth 5Y17.1%
PM growth 3Y136.37%
PM growth 5Y66.64%
GM growth 3Y0.65%
GM growth 5Y1.41%
F-Score8
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 4.7 | ||
| Debt/EBITDA | 3.36 | ||
| Cap/Depr | 165.84% | ||
| Cap/Sales | 6.47% | ||
| Interest Coverage | 6.56 | ||
| Cash Conversion | 110.42% | ||
| Profit Quality | 70.83% | ||
| Current Ratio | 3.58 | ||
| Quick Ratio | 2.76 | ||
| Altman-Z | 7.66 |
F-Score8
WACC8.54%
ROIC/WACC1.11
Cap/Depr(3y)188.25%
Cap/Depr(5y)215.81%
Cap/Sales(3y)8.32%
Cap/Sales(5y)10.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.43%
EPS 3Y58.9%
EPS 5Y79.24%
EPS Q2Q%-17.86%
EPS Next Y18.97%
EPS Next 2Y21.85%
EPS Next 3Y20.66%
EPS Next 5Y21.66%
Revenue 1Y (TTM)22.07%
Revenue growth 3Y23.54%
Revenue growth 5Y22.92%
Sales Q2Q%17.2%
Revenue Next Year18.07%
Revenue Next 2Y17.64%
Revenue Next 3Y16.16%
Revenue Next 5Y14.11%
EBIT growth 1Y40.41%
EBIT growth 3Y34.84%
EBIT growth 5Y43.94%
EBIT Next Year68.39%
EBIT Next 3Y38.71%
EBIT Next 5Y27.57%
FCF growth 1Y711.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y195.33%
OCF growth 3YN/A
OCF growth 5Y34.32%