PERFORMANCE SHIPPING INC (PSHG) Stock Fundamental Analysis
NASDAQ:PSHG - Nasdaq - MHY673051543 - Common Stock - Currency: USD
Taking everything into account, PSHG scores 5 out of 10 in our fundamental rating. PSHG was compared to 29 industry peers in the Marine Transportation industry. While PSHG belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PSHG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PSHG was profitable.
PSHG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PSHG reported negative net income in multiple years.
In multiple years PSHG reported negative operating cash flow during the last 5 years.
1.2 Ratios
PSHG has a better Return On Assets (17.74%) than 92.86% of its industry peers.
PSHG has a Return On Equity of 21.69%. This is amongst the best in the industry. PSHG outperforms 85.71% of its industry peers.
PSHG's Return On Invested Capital of 11.57% is amongst the best of the industry. PSHG outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.74% | ||
| ROE | 21.69% | ||
| ROIC | 11.57% |
ROA(3y)5.54%
ROA(5y)-0.93%
ROE(3y)7%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PSHG's Profit Margin of 60.65% is amongst the best of the industry. PSHG outperforms 89.29% of its industry peers.
In the last couple of years the Profit Margin of PSHG has grown nicely.
PSHG's Operating Margin of 48.09% is fine compared to the rest of the industry. PSHG outperforms 78.57% of its industry peers.
In the last couple of years the Operating Margin of PSHG has grown nicely.
With an excellent Gross Margin value of 72.60%, PSHG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Gross Margin of PSHG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.09% | ||
| PM (TTM) | 60.65% | ||
| GM | 72.6% |
OM growth 3Y75.07%
OM growth 5YN/A
PM growth 3Y61.77%
PM growth 5YN/A
GM growth 3Y20.17%
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 PSHG is still creating some value.
Compared to 1 year ago, PSHG has more shares outstanding
The number of shares outstanding for PSHG has been increased compared to 5 years ago.
PSHG has a better debt/assets ratio than last year.
2.2 Solvency
PSHG has an Altman-Z score of -0.08. This is a bad value and indicates that PSHG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.08, PSHG is doing worse than 71.43% of the companies in the same industry.
The Debt to FCF ratio of PSHG is 1.98, which is an excellent value as it means it would take PSHG, only 1.98 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.98, PSHG is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that PSHG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.17, PSHG is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.98 | ||
| Altman-Z | -0.08 |
ROIC/WACC1.27
WACC9.14%
2.3 Liquidity
PSHG has a Current Ratio of 5.61. This indicates that PSHG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.61, PSHG belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
A Quick Ratio of 5.56 indicates that PSHG has no problem at all paying its short term obligations.
PSHG has a Quick ratio of 5.56. This is amongst the best in the industry. PSHG outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.61 | ||
| Quick Ratio | 5.56 |
3. Growth
3.1 Past
The earnings per share for PSHG have decreased strongly by -31.38% in the last year.
The Revenue for PSHG has decreased by -20.61% in the past year. This is quite bad
Measured over the past years, PSHG shows a small growth in Revenue. The Revenue has been growing by 1.91% on average per year.
EPS 1Y (TTM)-31.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%18.52%
Revenue 1Y (TTM)-20.61%
Revenue growth 3YN/A
Revenue growth 5Y1.91%
Sales Q2Q%-5.08%
3.2 Future
Based on estimates for the next years, PSHG will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.36% on average per year.
Based on estimates for the next years, PSHG will show a very strong growth in Revenue. The Revenue will grow by 46.46% on average per year.
EPS Next YN/A
EPS Next 2Y43.61%
EPS Next 3Y26.76%
EPS Next 5Y15.36%
Revenue Next YearN/A
Revenue Next 2Y153.15%
Revenue Next 3Y73.74%
Revenue Next 5Y46.46%
3.3 Evolution
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
A Price/Earnings ratio of 1.09 indicates a rather cheap valuation of PSHG.
Compared to the rest of the industry, the Price/Earnings ratio of PSHG indicates a rather cheap valuation: PSHG is cheaper than 92.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, PSHG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.09 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PSHG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PSHG is cheaper than 89.29% of the companies in the same industry.
96.43% of the companies in the same industry are more expensive than PSHG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.79 | ||
| EV/EBITDA | 0.17 |
4.3 Compensation for Growth
PSHG has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PSHG's earnings are expected to grow with 26.76% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.61%
EPS Next 3Y26.76%
5. Dividend
5.1 Amount
PSHG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:PSHG (2/21/2025, 8:00:01 PM)
1.635
-0.04 (-2.68%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners4.75%
Inst Owner Change-95.53%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap20.32M
Analysts82.5
Price Target6.63 (305.5%)
Short Float %7.13%
Short Ratio10.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DP3.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.7%
Min EPS beat(2)-1.96%
Max EPS beat(2)9.35%
EPS beat(4)1
Avg EPS beat(4)-2.14%
Min EPS beat(4)-10.49%
Max EPS beat(4)9.35%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.9%
Min Revenue beat(2)-11.04%
Max Revenue beat(2)-0.76%
Revenue beat(4)0
Avg Revenue beat(4)-4.87%
Min Revenue beat(4)-11.04%
Max Revenue beat(4)-0.76%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)13.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)3.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)2.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.09 | ||
| Fwd PE | N/A | ||
| P/S | 0.22 | ||
| P/FCF | 0.79 | ||
| P/OCF | 0.35 | ||
| P/B | 0.08 | ||
| P/tB | 0.08 | ||
| EV/EBITDA | 0.17 |
EPS(TTM)1.5
EY91.74%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.08
FCFY126.98%
OCF(TTM)4.73
OCFY289.51%
SpS7.31
BVpS20.44
TBVpS20.44
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.74% | ||
| ROE | 21.69% | ||
| ROCE | 14.64% | ||
| ROIC | 11.57% | ||
| ROICexc | 14.59% | ||
| ROICexgc | 14.59% | ||
| OM | 48.09% | ||
| PM (TTM) | 60.65% | ||
| GM | 72.6% | ||
| FCFM | 28.41% |
ROA(3y)5.54%
ROA(5y)-0.93%
ROE(3y)7%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y101.79%
ROICexcg growth 5YN/A
ROICexc growth 3Y101.79%
ROICexc growth 5YN/A
OM growth 3Y75.07%
OM growth 5YN/A
PM growth 3Y61.77%
PM growth 5YN/A
GM growth 3Y20.17%
GM growth 5YN/A
F-Score7
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.98 | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | 237.24% | ||
| Cap/Sales | 36.36% | ||
| Interest Coverage | 6.62 | ||
| Cash Conversion | 102.15% | ||
| Profit Quality | 46.85% | ||
| Current Ratio | 5.61 | ||
| Quick Ratio | 5.56 | ||
| Altman-Z | -0.08 |
F-Score7
WACC9.14%
ROIC/WACC1.27
Cap/Depr(3y)42.38%
Cap/Depr(5y)26.39%
Cap/Sales(3y)6.21%
Cap/Sales(5y)3.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%18.52%
EPS Next YN/A
EPS Next 2Y43.61%
EPS Next 3Y26.76%
EPS Next 5Y15.36%
Revenue 1Y (TTM)-20.61%
Revenue growth 3YN/A
Revenue growth 5Y1.91%
Sales Q2Q%-5.08%
Revenue Next YearN/A
Revenue Next 2Y153.15%
Revenue Next 3Y73.74%
Revenue Next 5Y46.46%
EBIT growth 1Y-32.72%
EBIT growth 3Y140.45%
EBIT growth 5YN/A
EBIT Next Year-26.77%
EBIT Next 3Y-2.44%
EBIT Next 5YN/A
FCF growth 1Y76.93%
FCF growth 3Y62.98%
FCF growth 5YN/A
OCF growth 1Y100.75%
OCF growth 3Y72.76%
OCF growth 5YN/A