Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. More Details
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has Performant Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PFMT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: PFMT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: PFMT exceeded the US Commercial Services industry which returned 31.2% over the past year.
Return vs Market: PFMT exceeded the US Market which returned 34.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Performant Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StPerformant Financial Corporation's (NASDAQ:PFMT) Intrinsic Value Is Potentially 49% Above Its Share Price
1 month ago | Simply Wall StLoss-Making Performant Financial Corporation (NASDAQ:PFMT) Expected To Breakeven In The Medium-Term
1 month ago | Simply Wall StIf You Had Bought Performant Financial (NASDAQ:PFMT) Shares A Year Ago You'd Have Earned 542% Returns
Is Performant Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PFMT ($4.9) is trading below our estimate of fair value ($6.46)
Significantly Below Fair Value: PFMT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFMT is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: PFMT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PFMT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PFMT is overvalued based on its PB Ratio (7x) compared to the US Commercial Services industry average (2.6x).
How is Performant Financial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFMT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: PFMT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PFMT's is expected to become profitable in the next 3 years.
Revenue vs Market: PFMT's revenue (7.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: PFMT's revenue (7.3% 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 PFMT's Return on Equity is forecast to be high in 3 years time
How has Performant Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFMT is currently unprofitable.
Growing Profit Margin: PFMT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PFMT is unprofitable, and losses have increased over the past 5 years at a rate of 28.5% per year.
Accelerating Growth: Unable to compare PFMT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PFMT is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (11.3%).
Return on Equity
High ROE: PFMT has a negative Return on Equity (-15.57%), as it is currently unprofitable.
How is Performant Financial's financial position?
Financial Position Analysis
Short Term Liabilities: PFMT's short term assets ($55.1M) do not cover its short term liabilities ($81.2M).
Long Term Liabilities: PFMT's short term assets ($55.1M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: PFMT's debt to equity ratio (155.8%) is considered high.
Reducing Debt: PFMT's debt to equity ratio has increased from 71.2% to 155.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PFMT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PFMT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19% per year.
What is Performant Financial current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PFMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PFMT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PFMT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PFMT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PFMT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lisa Im (56 yo)
Ms. Lisa C. Im serves as the Chief Executive Officer of Performant Recovery, Inc and serves as Secretary. Ms. Im has been the Chief Executive Officer of Performant Financial Corporation since April 2004 an...
CEO Compensation Analysis
Compensation vs Market: Lisa's total compensation ($USD625.41K) is below average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Lisa's compensation has increased whilst the company is unprofitable.
Experienced Management: PFMT's management team is considered experienced (4.3 years average tenure).
Experienced Board: PFMT's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Performant Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Performant Financial Corporation
- Ticker: PFMT
- Exchange: NasdaqGS
- Founded: 1976
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$276.366m
- Shares outstanding: 56.40m
- Website: https://performantcorp.com
Number of Employees
- Performant Financial Corporation
- 333 North Canyons Parkway
- Suite 100
- United States
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 23:37|
|End of Day Share Price||2021/08/03 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.