PROG HOLDINGS INC (PRG) Stock Fundamental Analysis
USA - NYSE:PRG - US74319R1014 - Common Stock
31.04 USD
-0.1 (-0.32%)
31.04 USD
0 (0%)
Taking everything into account, PRG scores 6 out of 10 in our fundamental rating. PRG was compared to 55 industry peers in the Consumer Finance industry. While PRG has a great health rating, its profitability is only average at the moment. 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.
In the past year PRG had a positive cash flow from operations.
Of the past 5 years PRG 4 years were profitable.
In the past 5 years PRG always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.76%, PRG belongs to the best of the industry, outperforming 96.36% of the companies in the same industry.
With an excellent Return On Equity value of 32.11%, PRG belongs to the best of the industry, outperforming 92.73% of the companies in the same industry.
PRG has a Return On Invested Capital of 11.72%. This is amongst the best in the industry. PRG outperforms 83.64% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRG is in line with the industry average of 10.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.76% | ||
| ROE | 32.11% | ||
| ROIC | 11.72% |
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
PRG has a Profit Margin (8.53%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PRG has grown nicely.
The Operating Margin of PRG (8.67%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PRG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.67% | ||
| PM (TTM) | 8.53% | ||
| 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.
The debt/assets ratio for PRG is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.80 indicates that PRG is not in any danger for bankruptcy at the moment.
The Altman-Z score of PRG (4.80) is better than 94.55% of its industry peers.
PRG has a debt to FCF ratio of 2.71. This is a good value and a sign of high solvency as PRG would need 2.71 years to pay back of all of its debts.
The Debt to FCF ratio of PRG (2.71) is better than 81.82% of its industry peers.
PRG has a Debt/Equity ratio of 0.89. This is a neutral value indicating PRG is somewhat dependend on debt financing.
PRG's Debt to Equity ratio of 0.89 is fine compared to the rest of the industry. PRG outperforms 65.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 4.8 |
ROIC/WACC1.18
WACC9.94%
2.3 Liquidity
PRG has a Current Ratio of 2.43. This indicates that PRG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PRG (2.43) is better than 76.36% of its industry peers.
A Quick Ratio of 2.43 indicates that PRG has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.43, PRG is doing good in the industry, outperforming 76.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 2.43 |
3. Growth
3.1 Past
PRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.04%, which is quite good.
The Earnings Per Share has been decreasing by -2.66% on average over the past years.
Looking at the last year, PRG shows a small growth in Revenue. The Revenue has grown by 2.29% in the last year.
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)2.29%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
3.2 Future
PRG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.87% yearly.
PRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
EPS Next Y-0.97%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
EPS Next 5Y9.87%
Revenue Next Year0.89%
Revenue Next 2Y2.22%
Revenue Next 3Y3.57%
Revenue Next 5Y2.56%
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 8.57, which indicates a very decent valuation of PRG.
PRG's Price/Earnings ratio is a bit cheaper when compared to the industry. PRG is cheaper than 65.45% of the companies in the same industry.
PRG is valuated cheaply when we compare the Price/Earnings ratio to 26.89, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.31, the valuation of PRG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, PRG is valued a bit cheaper than 63.64% of the companies in the same industry.
PRG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.57 | ||
| Fwd PE | 8.31 |
4.2 Price Multiples
94.55% of the companies in the same industry are more expensive than PRG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRG indicates a somewhat cheap valuation: PRG is cheaper than 67.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.6 | ||
| EV/EBITDA | 0.84 |
4.3 Compensation for Growth
The decent profitability rating of PRG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.82%
EPS Next 3Y10.04%
5. Dividend
5.1 Amount
PRG has a Yearly Dividend Yield of 1.64%.
Compared to an average industry Dividend Yield of 4.70, PRG has a dividend in line with its industry peers.
PRG's Dividend Yield is slightly below the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
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
9.54% 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.
DP9.54%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
31.04
-0.1 (-0.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners100.96%
Inst Owner Change0.45%
Ins Owners1.85%
Ins Owner Change4.9%
Market Cap1.23B
Revenue(TTM)2.46B
Net Income(TTM)214.71M
Analysts74.55
Price Target39.34 (26.74%)
Short Float %4.34%
Short Ratio4.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend0.48
Dividend Growth(5Y)39.8%
DP9.54%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17%
Min EPS beat(2)7.84%
Max EPS beat(2)26.15%
EPS beat(4)3
Avg EPS beat(4)8.56%
Min EPS beat(4)-3.27%
Max EPS beat(4)26.15%
EPS beat(8)7
Avg EPS beat(8)14.32%
EPS beat(12)11
Avg EPS beat(12)19.36%
EPS beat(16)13
Avg EPS beat(16)14.27%
Revenue beat(2)1
Avg Revenue beat(2)1.04%
Min Revenue beat(2)-0.13%
Max Revenue beat(2)2.21%
Revenue beat(4)3
Avg Revenue beat(4)0.91%
Min Revenue beat(4)-0.13%
Max Revenue beat(4)2.21%
Revenue beat(8)7
Avg Revenue beat(8)1.15%
Revenue beat(12)10
Avg Revenue beat(12)0.97%
Revenue beat(16)10
Avg Revenue beat(16)0%
PT rev (1m)0%
PT rev (3m)4.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.53%
EPS NY rev (1m)0%
EPS NY rev (3m)6.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.57 | ||
| Fwd PE | 8.31 | ||
| P/S | 0.49 | ||
| P/FCF | 5.6 | ||
| P/OCF | 5.4 | ||
| P/B | 1.84 | ||
| P/tB | 4 | ||
| EV/EBITDA | 0.84 |
EPS(TTM)3.62
EY11.66%
EPS(NY)3.74
Fwd EY12.03%
FCF(TTM)5.54
FCFY17.84%
OCF(TTM)5.75
OCFY18.51%
SpS63.69
BVpS16.91
TBVpS7.76
PEG (NY)N/A
PEG (5Y)N/A
Graham Number37.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.76% | ||
| ROE | 32.11% | ||
| ROCE | 16.57% | ||
| ROIC | 11.72% | ||
| ROICexc | 14.1% | ||
| ROICexgc | 21.46% | ||
| OM | 8.67% | ||
| PM (TTM) | 8.53% | ||
| GM | N/A | ||
| FCFM | 8.7% |
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-Score8
Asset Turnover1.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 2.71 | ||
| Debt/EBITDA | 0.31 | ||
| Cap/Depr | 0.49% | ||
| Cap/Sales | 0.33% | ||
| Interest Coverage | 5.84 | ||
| Cash Conversion | 12% | ||
| Profit Quality | 102% | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 2.43 | ||
| Altman-Z | 4.8 |
F-Score8
WACC9.94%
ROIC/WACC1.18
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 Y-0.97%
EPS Next 2Y4.82%
EPS Next 3Y10.04%
EPS Next 5Y9.87%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y-2.74%
Revenue growth 5Y-9%
Sales Q2Q%-1.82%
Revenue Next Year0.89%
Revenue Next 2Y2.22%
Revenue Next 3Y3.57%
Revenue Next 5Y2.56%
EBIT growth 1Y0.36%
EBIT growth 3Y-13.27%
EBIT growth 5Y-7.29%
EBIT Next Year34.49%
EBIT Next 3Y14.42%
EBIT Next 5Y9.69%
FCF growth 1Y-22.76%
FCF growth 3Y-18.03%
FCF growth 5Y-10.3%
OCF growth 1Y-22.22%
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.
What is the valuation status for PRG stock?
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.
What is the valuation of PROG HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PROG HOLDINGS INC (PRG) is 8.57 and the Price/Book (PB) ratio is 1.84.
How sustainable is the dividend of PROG HOLDINGS INC (PRG) stock?
The dividend rating of PROG HOLDINGS INC (PRG) is 4 / 10 and the dividend payout ratio is 9.54%.