U.S. PHYSICAL THERAPY INC (USPH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:USPH - US90337L1089 - Common Stock
80.45 USD
+2.59 (+3.33%)
80.45 USD
0 (0%)
Taking everything into account, USPH scores 5 out of 10 in our fundamental rating. USPH was compared to 102 industry peers in the Health Care Providers & Services industry. Both the profitability and the financial health of USPH get a neutral evaluation. Nothing too spectacular is happening here. USPH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year USPH was profitable.
In the past year USPH had a positive cash flow from operations.
In the past 5 years USPH has always been profitable.
USPH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of USPH (3.01%) is better than 63.73% of its industry peers.
Looking at the Return On Equity, with a value of 7.15%, USPH is in the better half of the industry, outperforming 65.69% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.11%, USPH is doing good in the industry, outperforming 62.75% of the companies in the same industry.
USPH had an Average Return On Invested Capital over the past 3 years of 5.78%. This is below the industry average of 9.61%.
The 3 year average ROIC (5.78%) for USPH is below the current ROIC(6.11%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 7.15% | ||
| ROIC | 6.11% |
ROA(3y)2.54%
ROA(5y)3.42%
ROE(3y)6.25%
ROE(5y)8.16%
ROIC(3y)5.78%
ROIC(5y)6.77%
1.3 Margins
Looking at the Profit Margin, with a value of 4.75%, USPH is in the better half of the industry, outperforming 78.43% of the companies in the same industry.
In the last couple of years the Profit Margin of USPH has declined.
Looking at the Operating Margin, with a value of 11.52%, USPH belongs to the top of the industry, outperforming 81.37% of the companies in the same industry.
In the last couple of years the Operating Margin of USPH has declined.
USPH has a Gross Margin of 18.80%. This is in the lower half of the industry: USPH underperforms 63.73% of its industry peers.
In the last couple of years the Gross Margin of USPH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.52% | ||
| PM (TTM) | 4.75% | ||
| GM | 18.8% |
OM growth 3Y-9.96%
OM growth 5Y-5.7%
PM growth 3Y-13.05%
PM growth 5Y-8.65%
GM growth 3Y-6.9%
GM growth 5Y-3.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so USPH is destroying value.
Compared to 1 year ago, USPH has more shares outstanding
USPH has more shares outstanding than it did 5 years ago.
USPH has a better debt/assets ratio than last year.
2.2 Solvency
USPH has an Altman-Z score of 2.24. This is not the best score and indicates that USPH is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of USPH (2.24) is comparable to the rest of the industry.
The Debt to FCF ratio of USPH is 2.82, which is a good value as it means it would take USPH, 2.82 years of fcf income to pay off all of its debts.
USPH has a better Debt to FCF ratio (2.82) than 74.51% of its industry peers.
USPH has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
USPH's Debt to Equity ratio of 0.30 is fine compared to the rest of the industry. USPH outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.82 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.7
WACC8.72%
2.3 Liquidity
A Current Ratio of 1.20 indicates that USPH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.20, USPH is in line with its industry, outperforming 43.14% of the companies in the same industry.
USPH has a Quick Ratio of 1.20. This is a normal value and indicates that USPH is financially healthy and should not expect problems in meeting its short term obligations.
USPH's Quick ratio of 1.20 is in line compared to the rest of the industry. USPH outperforms 49.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.17% over the past year.
Measured over the past years, USPH shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.76% on average per year.
Looking at the last year, USPH shows a quite strong growth in Revenue. The Revenue has grown by 17.50% in the last year.
Measured over the past years, USPH shows a small growth in Revenue. The Revenue has been growing by 6.85% on average per year.
EPS 1Y (TTM)3.17%
EPS 3Y-6.63%
EPS 5Y-1.76%
EPS Q2Q%-4.35%
Revenue 1Y (TTM)17.5%
Revenue growth 3Y10.69%
Revenue growth 5Y6.85%
Sales Q2Q%17.32%
3.2 Future
USPH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.49% yearly.
USPH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.56% yearly.
EPS Next Y3.85%
EPS Next 2Y8.66%
EPS Next 3Y8.49%
EPS Next 5YN/A
Revenue Next Year16.97%
Revenue Next 2Y11.52%
Revenue Next 3Y9.56%
Revenue Next 5YN/A
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 30.94, USPH can be considered very expensive at the moment.
USPH's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of USPH to the average of the S&P500 Index (26.61), we can say USPH is valued inline with the index average.
With a Price/Forward Earnings ratio of 26.41, USPH can be considered very expensive at the moment.
USPH's Price/Forward Earnings ratio is in line with the industry average.
USPH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.94 | ||
| Fwd PE | 26.41 |
4.2 Price Multiples
65.69% of the companies in the same industry are more expensive than USPH, based on the Enterprise Value to EBITDA ratio.
63.73% of the companies in the same industry are more expensive than USPH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.49 | ||
| EV/EBITDA | 12.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates USPH does not grow enough to justify the current Price/Earnings ratio.
USPH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)8.05
PEG (5Y)N/A
EPS Next 2Y8.66%
EPS Next 3Y8.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.29%, USPH has a reasonable but not impressive dividend return.
USPH's Dividend Yield is rather good when compared to the industry average which is at 0.58. USPH pays more dividend than 94.12% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, USPH pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.29% |
5.2 History
On average, the dividend of USPH grows each year by 9.09%, which is quite nice.
USPH has paid a dividend for at least 10 years, which is a reliable track record.
USPH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.09%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
USPH pays out 75.41% of its income as dividend. This is not a sustainable payout ratio.
The dividend of USPH is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP75.41%
EPS Next 2Y8.66%
EPS Next 3Y8.49%
80.45
+2.59 (+3.33%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners108.19%
Inst Owner Change5.17%
Ins Owners1.87%
Ins Owner Change-1.06%
Market Cap1.22B
Revenue(TTM)758.71M
Net Income(TTM)36.02M
Analysts84.62
Price Target107.27 (33.34%)
Short Float %5.12%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.29% |
Yearly Dividend1.76
Dividend Growth(5Y)9.09%
DP75.41%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.82%
Min EPS beat(2)-3.42%
Max EPS beat(2)11.07%
EPS beat(4)2
Avg EPS beat(4)2.36%
Min EPS beat(4)-7.64%
Max EPS beat(4)11.07%
EPS beat(8)3
Avg EPS beat(8)-1.56%
EPS beat(12)4
Avg EPS beat(12)-0.7%
EPS beat(16)7
Avg EPS beat(16)-0.66%
Revenue beat(2)1
Avg Revenue beat(2)0.84%
Min Revenue beat(2)-0.36%
Max Revenue beat(2)2.04%
Revenue beat(4)3
Avg Revenue beat(4)1.14%
Min Revenue beat(4)-0.36%
Max Revenue beat(4)2.04%
Revenue beat(8)6
Avg Revenue beat(8)0.78%
Revenue beat(12)7
Avg Revenue beat(12)0.4%
Revenue beat(16)8
Avg Revenue beat(16)-0.02%
PT rev (1m)-0.97%
PT rev (3m)-0.97%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)-2.91%
EPS NY rev (1m)-5.06%
EPS NY rev (3m)-0.13%
Revenue NQ rev (1m)0.61%
Revenue NQ rev (3m)1.41%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.94 | ||
| Fwd PE | 26.41 | ||
| P/S | 1.61 | ||
| P/FCF | 21.49 | ||
| P/OCF | 17.59 | ||
| P/B | 2.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.2 |
EPS(TTM)2.6
EY3.23%
EPS(NY)3.05
Fwd EY3.79%
FCF(TTM)3.74
FCFY4.65%
OCF(TTM)4.57
OCFY5.69%
SpS49.92
BVpS33.13
TBVpS-23.9
PEG (NY)8.05
PEG (5Y)N/A
Graham Number44.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 7.15% | ||
| ROCE | 8.08% | ||
| ROIC | 6.11% | ||
| ROICexc | 6.29% | ||
| ROICexgc | 36.03% | ||
| OM | 11.52% | ||
| PM (TTM) | 4.75% | ||
| GM | 18.8% | ||
| FCFM | 7.5% |
ROA(3y)2.54%
ROA(5y)3.42%
ROE(3y)6.25%
ROE(5y)8.16%
ROIC(3y)5.78%
ROIC(5y)6.77%
ROICexc(3y)6.35%
ROICexc(5y)7.3%
ROICexgc(3y)37.05%
ROICexgc(5y)44.29%
ROCE(3y)7.65%
ROCE(5y)8.96%
ROICexgc growth 3Y-11.04%
ROICexgc growth 5Y-7.52%
ROICexc growth 3Y-14.51%
ROICexc growth 5Y-13.29%
OM growth 3Y-9.96%
OM growth 5Y-5.7%
PM growth 3Y-13.05%
PM growth 5Y-8.65%
GM growth 3Y-6.9%
GM growth 5Y-3.92%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.82 | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 53.9% | ||
| Cap/Sales | 1.67% | ||
| Interest Coverage | 9.84 | ||
| Cash Conversion | 62.74% | ||
| Profit Quality | 157.98% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.24 |
F-Score6
WACC8.72%
ROIC/WACC0.7
Cap/Depr(3y)54.79%
Cap/Depr(5y)61.53%
Cap/Sales(3y)1.47%
Cap/Sales(5y)1.57%
Profit Quality(3y)269.82%
Profit Quality(5y)263.85%
High Growth Momentum
Growth
EPS 1Y (TTM)3.17%
EPS 3Y-6.63%
EPS 5Y-1.76%
EPS Q2Q%-4.35%
EPS Next Y3.85%
EPS Next 2Y8.66%
EPS Next 3Y8.49%
EPS Next 5YN/A
Revenue 1Y (TTM)17.5%
Revenue growth 3Y10.69%
Revenue growth 5Y6.85%
Sales Q2Q%17.32%
Revenue Next Year16.97%
Revenue Next 2Y11.52%
Revenue Next 3Y9.56%
Revenue Next 5YN/A
EBIT growth 1Y26.14%
EBIT growth 3Y-0.34%
EBIT growth 5Y0.76%
EBIT Next Year40.26%
EBIT Next 3Y18.34%
EBIT Next 5YN/A
FCF growth 1Y-11.66%
FCF growth 3Y-1.21%
FCF growth 5Y4.7%
OCF growth 1Y-4.01%
OCF growth 3Y-0.65%
OCF growth 5Y3.71%
U.S. PHYSICAL THERAPY INC / USPH FAQ
What is the ChartMill fundamental rating of U.S. PHYSICAL THERAPY INC (USPH) stock?
ChartMill assigns a fundamental rating of 5 / 10 to USPH.
Can you provide the valuation status for U.S. PHYSICAL THERAPY INC?
ChartMill assigns a valuation rating of 3 / 10 to U.S. PHYSICAL THERAPY INC (USPH). This can be considered as Overvalued.
What is the profitability of USPH stock?
U.S. PHYSICAL THERAPY INC (USPH) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for USPH stock?
The Earnings per Share (EPS) of U.S. PHYSICAL THERAPY INC (USPH) is expected to grow by 3.85% in the next year.
Can you provide the dividend sustainability for USPH stock?
The dividend rating of U.S. PHYSICAL THERAPY INC (USPH) is 5 / 10 and the dividend payout ratio is 75.41%.