PROG HOLDINGS INC (PRG)
US74319R1014 - Common Stock
PRG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 52 industry peers in the Consumer Finance industry. While PRG has a great profitability rating, there are some minor concerns on its financial health. PRG has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PRG had positive earnings in the past year.
In the past year PRG had a positive cash flow from operations.
PRG had positive earnings in 4 of the past 5 years.
In the past 5 years PRG always reported a positive cash flow from operatings.
1.2 Ratios
PRG's Return On Assets of 7.48% is amongst the best of the industry. PRG outperforms 88.46% of its industry peers.
Looking at the Return On Equity, with a value of 18.79%, PRG belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
PRG has a better Return On Invested Capital (11.89%) than 88.46% of its industry peers.
PRG had an Average Return On Invested Capital over the past 3 years of 13.23%. This is significantly above the industry average of 7.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.48% | ||
| ROE | 18.79% | ||
| ROIC | 11.89% |
ROA(3y)10.31%
ROA(5y)5.45%
ROE(3y)25.54%
ROE(5y)14.44%
ROIC(3y)13.24%
ROIC(5y)13.18%
1.3 Margins
PRG has a Profit Margin of 4.57%. This is comparable to the rest of the industry: PRG outperforms 40.38% of its industry peers.
PRG's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.08%, PRG is in line with its industry, outperforming 51.92% of the companies in the same industry.
In the last couple of years the Operating Margin of PRG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.08% | ||
| PM (TTM) | 4.57% | ||
| GM | N/A |
OM growth 3Y-5.25%
OM growth 5Y5.41%
PM growth 3YN/A
PM growth 5Y2.38%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PRG is creating some value.
Compared to 1 year ago, PRG has less shares outstanding
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
An Altman-Z score of 4.87 indicates that PRG is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.87, PRG belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
PRG has a debt to FCF ratio of 3.25. This is a good value and a sign of high solvency as PRG would need 3.25 years to pay back of all of its debts.
PRG has a better Debt to FCF ratio (3.25) than 76.92% of its industry peers.
PRG has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.01, PRG perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 3.25 | ||
| Altman-Z | 4.87 |
ROIC/WACC1.61
WACC7.38%
2.3 Liquidity
PRG has a Current Ratio of 1.70. This is a normal value and indicates that PRG is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.70, PRG is doing good in the industry, outperforming 63.46% of the companies in the same industry.
PRG has a Quick Ratio of 1.70. This is a normal value and indicates that PRG is financially healthy and should not expect problems in meeting its short term obligations.
PRG's Quick ratio of 1.70 is fine compared to the rest of the industry. PRG outperforms 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The earnings per share for PRG have decreased by -2.82% in the last year.
The Earnings Per Share has been growing slightly by 1.67% on average over the past years.
Looking at the last year, PRG shows a decrease in Revenue. The Revenue has decreased by -3.68% in the last year.
PRG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.86% yearly.
EPS 1Y (TTM)-2.82%
EPS 3Y-8.6%
EPS 5Y1.67%
EPS Q2Q%0%
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y-1.03%
Revenue growth 5Y-8.86%
Sales Q2Q%-0.12%
3.2 Future
The Earnings Per Share is expected to grow by 4.67% on average over the next years.
The Revenue is expected to grow by 2.09% on average over the next years.
EPS Next Y-6.52%
EPS Next 2Y2.18%
EPS Next 3Y2.97%
EPS Next 5Y4.67%
Revenue Next Year1.9%
Revenue Next 2Y3.17%
Revenue Next 3Y2.93%
Revenue Next 5Y2.09%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.72, PRG is valued correctly.
PRG's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PRG to the average of the S&P500 Index (30.45), we can say PRG is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.42, PRG is valued correctly.
PRG's Price/Forward Earnings is on the same level as the industry average.
PRG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.72 | ||
| Fwd PE | 12.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PRG is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as PRG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.09 | ||
| EV/EBITDA | 1.27 |
4.3 Compensation for Growth
The decent profitability rating of PRG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)8.22
EPS Next 2Y2.18%
EPS Next 3Y2.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.07%, PRG has a reasonable but not impressive dividend return.
PRG's Dividend Yield is comparable with the industry average which is at 4.49.
With a Dividend Yield of 1.07, PRG pays less dividend than the S&P500 average, which is at 2.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
PRG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y2.18%
EPS Next 3Y2.97%
PROG HOLDINGS INC
NYSE:PRG (9/18/2024, 7:00:00 PM)
After market: 47.35 0 (0%)47.35
+0.87 (+1.87%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.00B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.72 | ||
| Fwd PE | 12.42 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)8.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.48% | ||
| ROE | 18.79% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.08% | ||
| PM (TTM) | 4.57% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-2.82%
EPS 3Y-8.6%
EPS 5Y
EPS Q2Q%
EPS Next Y-6.52%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y-1.03%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y