PROG HOLDINGS INC (PRG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRG - US74319R1014 - Common Stock
31.68 USD
-0.61 (-1.89%)
31.68 USD
0 (0%)
Taking everything into account, PRG scores 6 out of 10 in our fundamental rating. PRG was compared to 53 industry peers in the Consumer Finance industry. PRG has an excellent financial health rating, but there are some minor concerns on its profitability. PRG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PRG was profitable.
PRG had a positive operating cash flow in the past year.
PRG had positive earnings in 4 of the past 5 years.
PRG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.60%, PRG belongs to the top of the industry, outperforming 84.91% of the companies in the same industry.
PRG has a better Return On Equity (23.29%) than 79.25% of its industry peers.
With an excellent Return On Invested Capital value of 11.22%, PRG belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PRG is in line with the industry average of 12.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 23.29% | ||
| ROIC | 11.22% |
ROA(3y)9.65%
ROA(5y)7.86%
ROE(3y)23.71%
ROE(5y)20.15%
ROIC(3y)11.83%
ROIC(5y)13.95%
1.3 Margins
With a Profit Margin value of 6.54%, PRG is not doing good in the industry: 67.92% of the companies in the same industry are doing better.
PRG's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 8.88%, PRG perfoms like the industry average, outperforming 45.28% of the companies in the same industry.
PRG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.88% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A |
OM growth 3Y-10.82%
OM growth 5Y1.88%
PM growth 3Y-4.16%
PM growth 5Y58.6%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PRG is still creating some value.
The number of shares outstanding for PRG has been reduced compared to 1 year ago.
The number of shares outstanding for PRG has been reduced compared to 5 years ago.
Compared to 1 year ago, PRG has a worse debt to assets ratio.
2.2 Solvency
PRG has an Altman-Z score of 4.62. This indicates that PRG is financially healthy and has little risk of bankruptcy at the moment.
PRG's Altman-Z score of 4.62 is amongst the best of the industry. PRG outperforms 94.34% of its industry peers.
PRG has a debt to FCF ratio of 2.01. This is a good value and a sign of high solvency as PRG would need 2.01 years to pay back of all of its debts.
PRG has a better Debt to FCF ratio (2.01) than 86.79% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that PRG is somewhat dependend on debt financing.
PRG has a Debt to Equity ratio of 0.85. This is in the better half of the industry: PRG outperforms 67.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 4.62 |
ROIC/WACC1.5
WACC7.46%
2.3 Liquidity
PRG has a Current Ratio of 2.82. This indicates that PRG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.82, PRG is in the better half of the industry, outperforming 77.36% of the companies in the same industry.
PRG has a Quick Ratio of 2.82. This indicates that PRG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.82, PRG is in the better half of the industry, outperforming 77.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.04% over the past year.
Measured over the past years, PRG shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.66% on average per year.
PRG shows a small growth in Revenue. In the last year, the Revenue has grown by 3.71%.
Measured over the past years, PRG shows a decrease in Revenue. The Revenue has been decreasing by -9.00% on average per year.
EPS 1Y (TTM)9.04%
EPS 3Y-4.63%
EPS 5Y-2.66%
EPS Q2Q%16.88%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
3.2 Future
Based on estimates for the next years, PRG will show a small growth in Earnings Per Share. The EPS will grow by 6.81% on average per year.
The Revenue is expected to grow by 2.16% on average over the next years.
EPS Next Y1.46%
EPS Next 2Y5.13%
EPS Next 3Y12.69%
EPS Next 5Y6.81%
Revenue Next Year0.69%
Revenue Next 2Y3.8%
Revenue Next 3Y4.8%
Revenue Next 5Y2.16%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.75, which indicates a very decent valuation of PRG.
66.04% of the companies in the same industry are more expensive than PRG, based on the Price/Earnings ratio.
PRG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.25.
With a Price/Forward Earnings ratio of 8.43, the valuation of PRG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, PRG is valued a bit cheaper than 66.04% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. PRG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.75 | ||
| Fwd PE | 8.43 |
4.2 Price Multiples
PRG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PRG is cheaper than 92.45% of the companies in the same industry.
PRG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PRG is cheaper than 69.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.24 | ||
| EV/EBITDA | 0.84 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PRG does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of PRG may justify a higher PE ratio.
A more expensive valuation may be justified as PRG's earnings are expected to grow with 12.69% in the coming years.
PEG (NY)6.01
PEG (5Y)N/A
EPS Next 2Y5.13%
EPS Next 3Y12.69%
5. Dividend
5.1 Amount
PRG has a Yearly Dividend Yield of 1.69%.
PRG's Dividend Yield is a higher than the industry average which is at 2.60.
PRG's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
On average, the dividend of PRG grows each year by 39.80%, which is quite nice.
PRG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)39.8%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
12.57% of the earnings are spent on dividend by PRG. This is a low number and sustainable payout ratio.
PRG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.57%
EPS Next 2Y5.13%
EPS Next 3Y12.69%
31.68
-0.61 (-1.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners104.89%
Inst Owner Change0.3%
Ins Owners1.85%
Ins Owner Change0%
Market Cap1.25B
Revenue(TTM)2.51B
Net Income(TTM)163.87M
Analysts78.33
Price Target40.93 (29.2%)
Short Float %8.2%
Short Ratio6.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Yearly Dividend0.48
Dividend Growth(5Y)39.8%
DP12.57%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.32%
Min EPS beat(2)20.49%
Max EPS beat(2)26.15%
EPS beat(4)4
Avg EPS beat(4)14.5%
Min EPS beat(4)3.54%
Max EPS beat(4)26.15%
EPS beat(8)7
Avg EPS beat(8)11.66%
EPS beat(12)11
Avg EPS beat(12)20.63%
EPS beat(16)13
Avg EPS beat(16)15.31%
Revenue beat(2)2
Avg Revenue beat(2)1.37%
Min Revenue beat(2)0.53%
Max Revenue beat(2)2.21%
Revenue beat(4)3
Avg Revenue beat(4)0.83%
Min Revenue beat(4)-0.13%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)1.06%
Revenue beat(12)11
Avg Revenue beat(12)1.17%
Revenue beat(16)11
Avg Revenue beat(16)0.35%
PT rev (1m)3.64%
PT rev (3m)4.03%
EPS NQ rev (1m)-0.1%
EPS NQ rev (3m)-11.23%
EPS NY rev (1m)0.32%
EPS NY rev (3m)2.45%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-2.37%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.75 | ||
| Fwd PE | 8.43 | ||
| P/S | 0.5 | ||
| P/FCF | 4.24 | ||
| P/OCF | 4.1 | ||
| P/B | 1.78 | ||
| P/tB | 3.62 | ||
| EV/EBITDA | 0.84 |
EPS(TTM)3.62
EY11.43%
EPS(NY)3.76
Fwd EY11.86%
FCF(TTM)7.48
FCFY23.6%
OCF(TTM)7.72
OCFY24.37%
SpS63.39
BVpS17.79
TBVpS8.74
PEG (NY)6.01
PEG (5Y)N/A
Graham Number38.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 23.29% | ||
| ROCE | 15.85% | ||
| ROIC | 11.22% | ||
| ROICexc | 14.17% | ||
| ROICexgc | 21.29% | ||
| OM | 8.88% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A | ||
| FCFM | 11.79% |
ROA(3y)9.65%
ROA(5y)7.86%
ROE(3y)23.71%
ROE(5y)20.15%
ROIC(3y)11.83%
ROIC(5y)13.95%
ROICexc(3y)13.13%
ROICexc(5y)15.3%
ROICexgc(3y)19.8%
ROICexgc(5y)24.01%
ROCE(3y)16.72%
ROCE(5y)19.71%
ROICexgc growth 3Y-17.04%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y-13.9%
ROICexc growth 5Y4.64%
OM growth 3Y-10.82%
OM growth 5Y1.88%
PM growth 3Y-4.16%
PM growth 5Y58.6%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover1.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 2.01 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 0.59% | ||
| Cap/Sales | 0.39% | ||
| Interest Coverage | 5.94 | ||
| Cash Conversion | 16.29% | ||
| Profit Quality | 180.42% | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 4.62 |
F-Score6
WACC7.46%
ROIC/WACC1.5
Cap/Depr(3y)0.55%
Cap/Depr(5y)1%
Cap/Sales(3y)0.37%
Cap/Sales(5y)0.81%
Profit Quality(3y)147.35%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.04%
EPS 3Y-4.63%
EPS 5Y-2.66%
EPS Q2Q%16.88%
EPS Next Y1.46%
EPS Next 2Y5.13%
EPS Next 3Y12.69%
EPS Next 5Y6.81%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
Revenue Next Year0.69%
Revenue Next 2Y3.8%
Revenue Next 3Y4.8%
Revenue Next 5Y2.16%
EBIT growth 1Y5.18%
EBIT growth 3Y-13.27%
EBIT growth 5Y-7.29%
EBIT Next Year34.32%
EBIT Next 3Y17.45%
EBIT Next 5Y9.81%
FCF growth 1Y21.8%
FCF growth 3Y-18.03%
FCF growth 5Y-10.3%
OCF growth 1Y21.24%
OCF growth 3Y-17.42%
OCF growth 5Y-15.27%
PROG HOLDINGS INC / PRG FAQ
Can you provide the ChartMill fundamental rating for PROG HOLDINGS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PRG.
Can you provide the valuation status for PROG HOLDINGS INC?
ChartMill assigns a valuation rating of 6 / 10 to PROG HOLDINGS INC (PRG). This can be considered as Fairly Valued.
How profitable is PROG HOLDINGS INC (PRG) stock?
PROG HOLDINGS INC (PRG) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for PRG stock?
The Price/Earnings (PE) ratio for PROG HOLDINGS INC (PRG) is 8.75 and the Price/Book (PB) ratio is 1.78.
Can you provide the financial health for PRG stock?
The financial health rating of PROG HOLDINGS INC (PRG) is 8 / 10.