Pitney Bowes Inc

Find Ratings Reports
PBI : NYSE : Consumer Goods
$14.93 | %
Today's Range: 14.82 - 15.02
Avg. Daily Volume: 3359700.0
05/26/17 - 4:01 PM ET

Financial Analysis


PITNEY BOWES INC's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. Even though sales decreased, the net income has increased. PITNEY BOWES INC has weak liquidity. Currently, the Quick Ratio is 0.83 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.

At the same time, stockholders' equity ("net worth") has significantly decreased by 137.59% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)836.64844.59
EBITDA ($mil)181.58175.11
EBIT ($mil)137.28130.81
Net Income ($mil)65.1358.05


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)783.45735.13
Total Assets ($mil)5747.176005.82
Total Debt ($mil)3284.313044.95
Equity ($mil)-46.34123.27


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin62.1263.77
EBITDA Margin21.720.73
Operating Margin16.4115.49
Sales Turnover0.590.59
Return on Assets1.736.41
Return on Equity0.0308.45
Debt Q1 FY17 Q1 FY16
Current Ratio0.911.13
Debt/Capital1.010.96
Interest Expense38.6534.22
Interest Coverage3.553.82


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)185.67192.24
Div / share0.190.19
EPS0.350.3
Book value / share-0.250.64
Institutional Own % n/a n/a
Avg Daily Volume3570082.03334127.0

Valuation


HOLD. The current P/E ratio indicates a discount compared to an average of 34.87 for the Commercial Services & Supplies industry and a premium compared to the S&P 500 average of 25.02. Normally, for additional comaprison, we would look at the price-to-book ratio; however, this company's price-to-book ratio is negative making the value useless for comparisons. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, PITNEY BOWES INC proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
PBI 27.04 Peers 34.87   PBI NA Peers 15.29

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

PBI is trading at a discount to its peers.

 

Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures.

Ratio not available.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
PBI 7.95 Peers 25.50   PBI 0.11 Peers 1.30

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

PBI is trading at a significant discount to its peers.

 

Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

PBI trades at a significant discount to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
PBI NM Peers 4.80   PBI -71.06 Peers 49.20

Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

PBI's P/B is negative making this valuation measure meaningless.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, PBI is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
PBI 0.81 Peers 2.39   PBI -3.78 Peers 14.40

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

PBI is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

PBI significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades