PORTMAN RIDGE FINANCE CORP (PTMN) Stock Fundamental Analysis
NASDAQ:PTMN - Nasdaq - US73688F2011 - Common Stock - Currency: USD
Overall PTMN gets a fundamental rating of 4 out of 10. We evaluated PTMN against 225 industry peers in the Capital Markets industry. PTMN has an average financial health and profitability rating. PTMN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PTMN had positive earnings in the past year.
PTMN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PTMN reported negative net income in multiple years.
In multiple years PTMN reported negative operating cash flow during the last 5 years.
1.2 Ratios
PTMN has a worse Return On Assets (0.78%) than 71.69% of its industry peers.
PTMN has a Return On Equity of 1.92%. This is in the lower half of the industry: PTMN underperforms 73.06% of its industry peers.
PTMN has a better Return On Invested Capital (5.18%) than 68.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PTMN is below the industry average of 6.76%.
The 3 year average ROIC (4.72%) for PTMN is below the current ROIC(5.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 1.92% | ||
| ROIC | 5.18% |
ROA(3y)0.9%
ROA(5y)0.79%
ROE(3y)1.86%
ROE(5y)2.39%
ROIC(3y)4.72%
ROIC(5y)3.52%
1.3 Margins
Looking at the Profit Margin, with a value of 5.47%, PTMN is doing worse than 69.41% of the companies in the same industry.
In the last couple of years the Profit Margin of PTMN has declined.
Looking at the Operating Margin, with a value of 45.07%, PTMN is in the better half of the industry, outperforming 76.71% of the companies in the same industry.
PTMN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.17%, PTMN is in the better half of the industry, outperforming 63.01% of the companies in the same industry.
PTMN's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.07% | ||
| PM (TTM) | 5.47% | ||
| GM | 54.17% |
OM growth 3Y4.65%
OM growth 5Y4.28%
PM growth 3Y-41.33%
PM growth 5YN/A
GM growth 3Y-0.5%
GM growth 5Y-5.63%
2. Health
2.1 Basic Checks
PTMN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PTMN has been increased compared to 5 years ago.
The debt/assets ratio for PTMN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.88, we must say that PTMN is in the distress zone and has some risk of bankruptcy.
PTMN has a Altman-Z score of -0.88. This is amonst the worse of the industry: PTMN underperforms 92.24% of its industry peers.
The Debt to FCF ratio of PTMN is 3.38, which is a good value as it means it would take PTMN, 3.38 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.38, PTMN is doing good in the industry, outperforming 71.23% of the companies in the same industry.
A Debt/Equity ratio of 1.41 is on the high side and indicates that PTMN has dependencies on debt financing.
The Debt to Equity ratio of PTMN (1.41) is worse than 68.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | 3.38 | ||
| Altman-Z | -0.88 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.42 indicates that PTMN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.42, PTMN perfoms like the industry average, outperforming 59.36% of the companies in the same industry.
A Quick Ratio of 1.42 indicates that PTMN should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.42, PTMN perfoms like the industry average, outperforming 59.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 120.00% over the past year.
PTMN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.27% yearly.
The Revenue for PTMN has decreased by -14.68% in the past year. This is quite bad
PTMN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.02% yearly.
EPS 1Y (TTM)120%
EPS 3Y12.07%
EPS 5Y6.27%
EPS Q2Q%-16%
Revenue 1Y (TTM)-14.68%
Revenue growth 3Y21.3%
Revenue growth 5Y23.02%
Sales Q2Q%-18.29%
3.2 Future
The Earnings Per Share is expected to decrease by -11.47% on average over the next years. This is quite bad
Based on estimates for the next years, PTMN will show a decrease in Revenue. The Revenue will decrease by -8.39% on average per year.
EPS Next Y-26.57%
EPS Next 2Y-14.43%
EPS Next 3Y-11.47%
EPS Next 5YN/A
Revenue Next Year-17.94%
Revenue Next 2Y-10.76%
Revenue Next 3Y-8.39%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.45 indicates a rather cheap valuation of PTMN.
94.06% of the companies in the same industry are more expensive than PTMN, based on the Price/Earnings ratio.
PTMN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
With a Price/Forward Earnings ratio of 6.49, the valuation of PTMN can be described as very cheap.
Based on the Price/Forward Earnings ratio, PTMN is valued cheaply inside the industry as 94.06% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, PTMN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.45 | ||
| Fwd PE | 6.49 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PTMN indicates a rather cheap valuation: PTMN is cheaper than 90.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.05 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as PTMN's earnings are expected to decrease with -11.47% in the coming years.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y-14.43%
EPS Next 3Y-11.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 15.97%, PTMN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 10.00, PTMN pays a better dividend. On top of this PTMN pays more dividend than 92.69% of the companies listed in the same industry.
PTMN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.97% |
5.2 History
The dividend of PTMN decreases each year by -7.43%.
PTMN has been paying a dividend for at least 10 years, so it has a reliable track record.
PTMN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-7.43%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
706.33% of the earnings are spent on dividend by PTMN. This is not a sustainable payout ratio.
PTMN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP706.33%
EPS Next 2Y-14.43%
EPS Next 3Y-11.47%
17.4
+0.02 (+0.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners22.74%
Inst Owner Change10.81%
Ins Owners2.31%
Ins Owner Change0%
Market Cap160.25M
Analysts80
Price Target18.7 (7.47%)
Short Float %0.58%
Short Ratio1.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.97% |
Yearly Dividend2.7
Dividend Growth(5Y)-7.43%
DP706.33%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.46%
Min EPS beat(2)-8.86%
Max EPS beat(2)-0.06%
EPS beat(4)1
Avg EPS beat(4)7.81%
Min EPS beat(4)-8.86%
Max EPS beat(4)48.37%
EPS beat(8)3
Avg EPS beat(8)-23.5%
EPS beat(12)4
Avg EPS beat(12)-15.47%
EPS beat(16)8
Avg EPS beat(16)0.14%
Revenue beat(2)0
Avg Revenue beat(2)-7.75%
Min Revenue beat(2)-8.47%
Max Revenue beat(2)-7.03%
Revenue beat(4)0
Avg Revenue beat(4)-8.12%
Min Revenue beat(4)-8.54%
Max Revenue beat(4)-7.03%
Revenue beat(8)3
Avg Revenue beat(8)-3.18%
Revenue beat(12)5
Avg Revenue beat(12)-1.68%
Revenue beat(16)9
Avg Revenue beat(16)7.44%
PT rev (1m)0%
PT rev (3m)-6.78%
EPS NQ rev (1m)0.13%
EPS NQ rev (3m)-4.69%
EPS NY rev (1m)0.06%
EPS NY rev (3m)-2.93%
Revenue NQ rev (1m)-0.73%
Revenue NQ rev (3m)-6.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.45 | ||
| Fwd PE | 6.49 | ||
| P/S | 2.43 | ||
| P/FCF | 2.05 | ||
| P/OCF | 2.05 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.19
EY18.33%
EPS(NY)2.68
Fwd EY15.4%
FCF(TTM)8.5
FCFY48.86%
OCF(TTM)8.5
OCFY48.86%
SpS7.15
BVpS20.41
TBVpS20.41
PEG (NY)N/A
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 1.92% | ||
| ROCE | 6.55% | ||
| ROIC | 5.18% | ||
| ROICexc | 5.34% | ||
| ROICexgc | 5.35% | ||
| OM | 45.07% | ||
| PM (TTM) | 5.47% | ||
| GM | 54.17% | ||
| FCFM | 118.96% |
ROA(3y)0.9%
ROA(5y)0.79%
ROE(3y)1.86%
ROE(5y)2.39%
ROIC(3y)4.72%
ROIC(5y)3.52%
ROICexc(3y)4.91%
ROICexc(5y)3.64%
ROICexgc(3y)4.93%
ROICexgc(5y)3.65%
ROCE(3y)5.98%
ROCE(5y)4.46%
ROICexcg growth 3Y33.01%
ROICexcg growth 5Y11.62%
ROICexc growth 3Y32.87%
ROICexc growth 5Y11.55%
OM growth 3Y4.65%
OM growth 5Y4.28%
PM growth 3Y-41.33%
PM growth 5YN/A
GM growth 3Y-0.5%
GM growth 5Y-5.63%
F-Score9
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | 3.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.38 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 2175.19% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | -0.88 |
F-Score9
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)120%
EPS 3Y12.07%
EPS 5Y6.27%
EPS Q2Q%-16%
EPS Next Y-26.57%
EPS Next 2Y-14.43%
EPS Next 3Y-11.47%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.68%
Revenue growth 3Y21.3%
Revenue growth 5Y23.02%
Sales Q2Q%-18.29%
Revenue Next Year-17.94%
Revenue Next 2Y-10.76%
Revenue Next 3Y-8.39%
Revenue Next 5YN/A
EBIT growth 1Y-3.33%
EBIT growth 3Y26.94%
EBIT growth 5Y28.28%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y769.29%
FCF growth 3Y-0.22%
FCF growth 5Y37.95%
OCF growth 1Y769.29%
OCF growth 3Y-0.22%
OCF growth 5Y37.95%