PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 1.9 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi.
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has PotlatchDeltic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P4C has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: P4C underperformed the German REITs industry which returned 9.7% over the past year.
Return vs Market: P4C underperformed the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is PotlatchDeltic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is PotlatchDeltic undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: P4C (€33.2) is trading above our estimate of fair value (€25.72)
Significantly Below Fair Value: P4C is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: P4C is poor value based on its PE Ratio (82.9x) compared to the DE REITs industry average (8.6x).
PE vs Market: P4C is poor value based on its PE Ratio (82.9x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: P4C is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: P4C is overvalued based on its PB Ratio (2.3x) compared to the DE REITs industry average (1.5x).
How is PotlatchDeltic forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P4C's forecast earnings growth (114.9% per year) is above the savings rate (0.2%).
Earnings vs Market: P4C's earnings (114.9% per year) are forecast to grow faster than the German market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: P4C's revenue (6.6% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: P4C's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if P4C's Return on Equity is forecast to be high in 3 years time
How has PotlatchDeltic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P4C has a large one-off loss of $43.0M impacting its March 31 2020 financial results.
Growing Profit Margin: P4C's current net profit margins (3.8%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: P4C's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: P4C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: P4C had negative earnings growth (-71.8%) over the past year, making it difficult to compare to the REITs industry average (25.3%).
Return on Equity
High ROE: P4C's Return on Equity (2.8%) is considered low.
How is PotlatchDeltic's financial position?
Financial Position Analysis
Short Term Liabilities: P4C's short term assets ($174.2M) exceed its short term liabilities ($114.1M).
Long Term Liabilities: P4C's short term assets ($174.2M) do not cover its long term liabilities ($949.2M).
Debt to Equity History and Analysis
Debt Level: P4C's debt to equity ratio (71.1%) is considered high.
Reducing Debt: P4C's debt to equity ratio has reduced from 290.7% to 71.1% over the past 5 years.
Debt Coverage: P4C's debt is well covered by operating cash flow (20.6%).
Interest Coverage: P4C's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is PotlatchDeltic current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: P4C's dividend (4.04%) is higher than the bottom 25% of dividend payers in the German market (1.24%).
High Dividend: P4C's dividend (4.04%) is in the top 25% of dividend payers in the German market (3.82%)
Stability and Growth of Payments
Stable Dividend: P4C's dividend payments have been volatile in the past 10 years.
Growing Dividend: P4C's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64%), P4C's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Covey (62yo)
Mr. Michael J. Covey, also known as Mike, has been the Chief Executive Officer of PotlatchDeltic Corporation (formerly, Potlatch Corporation) since February 6, 2006 and served as President since February 6 ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD4.64M) is above average for companies of similar size in the German market ($USD2.40M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|Chairman & CEO||14.42yrs||US$4.64m||0.26% $6.2m|
|VP & CFO||6.83yrs||US$935.20k||0.064% $1.5m|
|Vice President of Wood Products||11.5yrs||US$1.01m||0.080% $1.9m|
|Controller & Principal Accounting Officer||1.67yrs||no data||0.0025% $58.6k|
|VP, General Counsel & Corporate Secretary||0.92yr||no data||0.00027% $6.3k|
|Vice President of Public Affairs||1.5yrs||no data||no data|
|Vice President of Human Resources||6.5yrs||no data||no data|
Experienced Management: P4C's management team is seasoned and experienced (6.7 years average tenure).
|Chairman & CEO||14.42yrs||US$4.64m||0.26% $6.2m|
|Independent Director||17.42yrs||US$182.18k||0.024% $554.5k|
|Independent Director||19.83yrs||US$186.68k||0.0047% $110.8k|
|Independent Director||2.42yrs||US$179.18k||0.016% $370.7k|
|Independent Vice Chairman & Independent Lead Director||no data||US$175.85k||0.0032% $74.8k|
|Independent Director||2.42yrs||US$174.18k||0.011% $260.8k|
|Independent Director||2.42yrs||US$167.18k||1.12% $26.2m|
|Independent Director||16.5yrs||US$177.50k||0.59% $13.8m|
|Independent Director||4.75yrs||US$194.18k||no data|
Experienced Board: P4C's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: P4C insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PotlatchDeltic Corporation's company bio, employee growth, exchange listings and data sources
- Name: PotlatchDeltic Corporation
- Ticker: P4C
- Exchange: DB
- Founded: 1903
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$2.651b
- Listing Market Cap: US$2.343b
- Shares outstanding: 66.95m
- Website: https://www.potlatchdeltic.com
Number of Employees
- PotlatchDeltic Corporation
- 601 West First Avenue
- Suite 1600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PCH||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
|P4C||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 1.9 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest practices, is dedicated to long-term stewardship and sustainable management of its timber resources.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 05:56|
|End of Day Share Price||2020/07/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.