Perficient Inc (PRFT) Stock Fundamental Analysis
NASDAQ:PRFT - Nasdaq - US71375U1016 - Common Stock - Currency: USD
Overall PRFT gets a fundamental rating of 5 out of 10. We evaluated PRFT against 82 industry peers in the IT Services industry. While PRFT has a great health rating, its profitability is only average at the moment. PRFT has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PRFT was profitable.
In the past year PRFT had a positive cash flow from operations.
Each year in the past 5 years PRFT has been profitable.
Each year in the past 5 years PRFT had a positive operating cash flow.
1.2 Ratios
PRFT has a better Return On Assets (6.72%) than 76.83% of its industry peers.
With a decent Return On Equity value of 13.10%, PRFT is doing good in the industry, outperforming 74.39% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.01%, PRFT is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PRFT is significantly below the industry average of 21.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.72% | ||
| ROE | 13.1% | ||
| ROIC | 8.01% |
ROA(3y)8.56%
ROA(5y)7.06%
ROE(3y)19.46%
ROE(5y)15.16%
ROIC(3y)11.11%
ROIC(5y)9.46%
1.3 Margins
PRFT has a better Profit Margin (8.48%) than 70.73% of its industry peers.
In the last couple of years the Profit Margin of PRFT has grown nicely.
The Operating Margin of PRFT (12.79%) is better than 78.05% of its industry peers.
PRFT's Operating Margin has improved in the last couple of years.
PRFT has a Gross Margin (35.59%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of PRFT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.79% | ||
| PM (TTM) | 8.48% | ||
| GM | 35.59% |
OM growth 3Y16.62%
OM growth 5Y15.01%
PM growth 3Y30.29%
PM growth 5Y17.2%
GM growth 3Y-1.05%
GM growth 5Y0.45%
2. Health
2.1 Basic Checks
PRFT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PRFT has been increased compared to 1 year ago.
Compared to 5 years ago, PRFT has more shares outstanding
Compared to 1 year ago, PRFT has an improved debt to assets ratio.
2.2 Solvency
PRFT has an Altman-Z score of 4.99. This indicates that PRFT is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.99, PRFT is doing good in the industry, outperforming 76.83% of the companies in the same industry.
The Debt to FCF ratio of PRFT is 3.89, which is a good value as it means it would take PRFT, 3.89 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PRFT (3.89) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.70 indicates that PRFT is somewhat dependend on debt financing.
The Debt to Equity ratio of PRFT (0.70) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 3.89 | ||
| Altman-Z | 4.99 |
ROIC/WACC0.84
WACC9.55%
2.3 Liquidity
PRFT has a Current Ratio of 4.16. This indicates that PRFT is financially healthy and has no problem in meeting its short term obligations.
PRFT's Current ratio of 4.16 is amongst the best of the industry. PRFT outperforms 90.24% of its industry peers.
PRFT has a Quick Ratio of 4.16. This indicates that PRFT is financially healthy and has no problem in meeting its short term obligations.
PRFT has a Quick ratio of 4.16. This is amongst the best in the industry. PRFT outperforms 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.16 | ||
| Quick Ratio | 4.16 |
3. Growth
3.1 Past
The earnings per share for PRFT have decreased strongly by -16.08% in the last year.
PRFT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.66% yearly.
PRFT shows a decrease in Revenue. In the last year, the revenue decreased by -4.40%.
PRFT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.71% yearly.
EPS 1Y (TTM)-16.08%
EPS 3Y16.32%
EPS 5Y19.66%
EPS Q2Q%-8%
Revenue 1Y (TTM)-4.4%
Revenue growth 3Y13.99%
Revenue growth 5Y12.71%
Sales Q2Q%-3.59%
3.2 Future
Based on estimates for the next years, PRFT will show a small growth in Earnings Per Share. The EPS will grow by 4.14% on average per year.
The Revenue is expected to grow by 3.39% on average over the next years.
EPS Next Y-2%
EPS Next 2Y3.33%
EPS Next 3Y4.14%
EPS Next 5YN/A
Revenue Next Year-0.6%
Revenue Next 2Y2.51%
Revenue Next 3Y3.39%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 21.10, PRFT is valued on the expensive side.
PRFT's Price/Earnings ratio is a bit cheaper when compared to the industry. PRFT is cheaper than 68.29% of the companies in the same industry.
PRFT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.01, which indicates a rather expensive current valuation of PRFT.
PRFT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PRFT is cheaper than 71.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. PRFT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.1 | ||
| Fwd PE | 18.01 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PRFT.
PRFT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.11 | ||
| EV/EBITDA | 21.08 |
4.3 Compensation for Growth
The decent profitability rating of PRFT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.07
EPS Next 2Y3.33%
EPS Next 3Y4.14%
5. Dividend
5.1 Amount
No dividends for PRFT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
75.96
+0.48 (+0.64%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners86.51%
Inst Owner Change0%
Ins Owners1.01%
Ins Owner Change0%
Market Cap2.67B
Analysts52.31
Price Target75.28 (-0.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.2%
Min EPS beat(2)-4.07%
Max EPS beat(2)-2.33%
EPS beat(4)0
Avg EPS beat(4)-2.89%
Min EPS beat(4)-4.07%
Max EPS beat(4)-1.68%
EPS beat(8)0
Avg EPS beat(8)-3.36%
EPS beat(12)3
Avg EPS beat(12)-1.65%
EPS beat(16)7
Avg EPS beat(16)0.81%
Revenue beat(2)0
Avg Revenue beat(2)-2.35%
Min Revenue beat(2)-2.56%
Max Revenue beat(2)-2.13%
Revenue beat(4)0
Avg Revenue beat(4)-2.34%
Min Revenue beat(4)-3.24%
Max Revenue beat(4)-1.42%
Revenue beat(8)0
Avg Revenue beat(8)-2.57%
Revenue beat(12)1
Avg Revenue beat(12)-2.05%
Revenue beat(16)2
Avg Revenue beat(16)-1.49%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.1 | ||
| Fwd PE | 18.01 | ||
| P/S | 3.03 | ||
| P/FCF | 26.11 | ||
| P/OCF | 24.93 | ||
| P/B | 4.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.08 |
EPS(TTM)3.6
EY4.74%
EPS(NY)4.22
Fwd EY5.55%
FCF(TTM)2.91
FCFY3.83%
OCF(TTM)3.05
OCFY4.01%
SpS25.09
BVpS16.23
TBVpS-3.09
PEG (NY)N/A
PEG (5Y)1.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.72% | ||
| ROE | 13.1% | ||
| ROCE | 10.93% | ||
| ROIC | 8.01% | ||
| ROICexc | 8.99% | ||
| ROICexgc | 34.49% | ||
| OM | 12.79% | ||
| PM (TTM) | 8.48% | ||
| GM | 35.59% | ||
| FCFM | 11.6% |
ROA(3y)8.56%
ROA(5y)7.06%
ROE(3y)19.46%
ROE(5y)15.16%
ROIC(3y)11.11%
ROIC(5y)9.46%
ROICexc(3y)11.89%
ROICexc(5y)10.34%
ROICexgc(3y)55.2%
ROICexgc(5y)51%
ROCE(3y)15.16%
ROCE(5y)12.91%
ROICexcg growth 3Y-1.94%
ROICexcg growth 5Y5.93%
ROICexc growth 3Y16.27%
ROICexc growth 5Y13.99%
OM growth 3Y16.62%
OM growth 5Y15.01%
PM growth 3Y30.29%
PM growth 5Y17.2%
GM growth 3Y-1.05%
GM growth 5Y0.45%
F-Score6
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 3.89 | ||
| Debt/EBITDA | 2.84 | ||
| Cap/Depr | 17.64% | ||
| Cap/Sales | 0.55% | ||
| Interest Coverage | 95.83 | ||
| Cash Conversion | 76.41% | ||
| Profit Quality | 136.81% | ||
| Current Ratio | 4.16 | ||
| Quick Ratio | 4.16 | ||
| Altman-Z | 4.99 |
F-Score6
WACC9.55%
ROIC/WACC0.84
Cap/Depr(3y)27.44%
Cap/Depr(5y)30.23%
Cap/Sales(3y)1.01%
Cap/Sales(5y)1.15%
Profit Quality(3y)128.69%
Profit Quality(5y)187.96%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.08%
EPS 3Y16.32%
EPS 5Y19.66%
EPS Q2Q%-8%
EPS Next Y-2%
EPS Next 2Y3.33%
EPS Next 3Y4.14%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.4%
Revenue growth 3Y13.99%
Revenue growth 5Y12.71%
Sales Q2Q%-3.59%
Revenue Next Year-0.6%
Revenue Next 2Y2.51%
Revenue Next 3Y3.39%
Revenue Next 5YN/A
EBIT growth 1Y-23.06%
EBIT growth 3Y32.93%
EBIT growth 5Y29.63%
EBIT Next Year29.46%
EBIT Next 3Y14.36%
EBIT Next 5YN/A
FCF growth 1Y34.06%
FCF growth 3Y7.32%
FCF growth 5Y16.54%
OCF growth 1Y20.36%
OCF growth 3Y6.61%
OCF growth 5Y15.82%