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P&F Industries

Nasdaq:PFIN
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PFIN
Nasdaq
$26M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

P&F Industries, Inc., through its subsidiaries, designs, imports, and sells pneumatic hand tools primarily to the retail, industrial, automotive, and aerospace markets in the United States and internationally. The last earnings update was 71 days ago. More info.


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PFIN Share Price and Events
7 Day Returns
-0.2%
NasdaqGM:PFIN
-0.2%
US Consumer Durables
-1.2%
US Market
1 Year Returns
-4.6%
NasdaqGM:PFIN
0.1%
US Consumer Durables
3.4%
US Market
PFIN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
P&F Industries (PFIN) -0.2% -5.6% 1.3% -4.6% -13.2% 3.9%
US Consumer Durables -0.2% 0.1% 2.2% 0.1% 32.9% 25.4%
US Market -1.2% 1.2% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • PFIN underperformed the Consumer Durables industry which returned 0.1% over the past year.
  • PFIN underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
PFIN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is P&F Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of P&F Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for P&F Industries.

NasdaqGM:PFIN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:PFIN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.86 (1 + (1- 21%) (28.78%))
1.037
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.037 * 5.96%)
8.91%

Discounted Cash Flow Calculation for NasdaqGM:PFIN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for P&F Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGM:PFIN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.91%)
2020 0.18 Est @ -85.01% 0.16
2021 0.07 Est @ -58.69% 0.06
2022 0.04 Est @ -40.26% 0.03
2023 0.03 Est @ -27.37% 0.02
2024 0.03 Est @ -18.34% 0.02
2025 0.02 Est @ -12.02% 0.01
2026 0.02 Est @ -7.59% 0.01
2027 0.02 Est @ -4.5% 0.01
2028 0.02 Est @ -2.33% 0.01
2029 0.02 Est @ -0.81% 0.01
Present value of next 10 years cash flows $0.35
NasdaqGM:PFIN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.02 × (1 + 2.73%) ÷ (8.91% – 2.73%)
$0.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $0.33 ÷ (1 + 8.91%)10
$0.14
NasdaqGM:PFIN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $0.35 + $0.14
$0.49
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $0.49 / 3.15
$0.16
NasdaqGM:PFIN Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.16
Current discount Discount to share price of $8.10
= -1 x ($8.10 - $0.16) / $0.16
-5085.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of P&F Industries is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for P&F Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are P&F Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:PFIN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.21
NasdaqGM:PFIN Share Price ** NasdaqGM (2019-07-18) in USD $8.1
United States of America Consumer Durables Industry PE Ratio Median Figure of 50 Publicly-Listed Consumer Durables Companies 12.74x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of P&F Industries.

NasdaqGM:PFIN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:PFIN Share Price ÷ EPS (both in USD)

= 8.1 ÷ 0.21

37.88x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • P&F Industries is overvalued based on earnings compared to the US Consumer Durables industry average.
  • P&F Industries is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does P&F Industries's expected growth come at a high price?
Raw Data
NasdaqGM:PFIN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 37.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Consumer Durables Industry PEG Ratio Median Figure of 37 Publicly-Listed Consumer Durables Companies 1.64x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for P&F Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on P&F Industries's assets?
Raw Data
NasdaqGM:PFIN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.30
NasdaqGM:PFIN Share Price * NasdaqGM (2019-07-18) in USD $8.1
United States of America Consumer Durables Industry PB Ratio Median Figure of 71 Publicly-Listed Consumer Durables Companies 1.43x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
NasdaqGM:PFIN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:PFIN Share Price ÷ Book Value per Share (both in USD)

= 8.1 ÷ 13.30

0.61x

* Primary Listing of P&F Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • P&F Industries is good value based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess P&F Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. P&F Industries has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is P&F Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as P&F Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.8%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is P&F Industries expected to grow at an attractive rate?
  • Unable to compare P&F Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare P&F Industries's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare P&F Industries's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:PFIN Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 16.8%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:PFIN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:PFIN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 64 3 1
2018-12-31 65 3 1
2018-09-30 64 2 0
2018-06-30 62 5 0
2018-03-31 62 6 -1
2017-12-31 59 5 -1
2017-09-30 57 4 0
2017-06-30 56 3 0
2017-03-31 56 1 -6
2016-12-31 57 -1 -6
2016-09-30 59 -1 -5
2016-06-30 60 3 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if P&F Industries is high growth as no earnings estimate data is available.
  • Unable to determine if P&F Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:PFIN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from P&F Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:PFIN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.21
2018-12-31 0.24
2018-09-30 0.02
2018-06-30 -0.13
2018-03-31 -0.21
2017-12-31 -0.25
2017-09-30 -0.04
2017-06-30 -0.12
2017-03-31 -1.61
2016-12-31 -1.58
2016-09-30 -1.46
2016-06-30 -1.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if P&F Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine P&F Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. P&F Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. P&F Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess P&F Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
P&F Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has P&F Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare P&F Industries's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • P&F Industries's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • P&F Industries has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • P&F Industries has become profitable in the last year making it difficult to compare the US Consumer Durables industry average.
Earnings and Revenue History
P&F Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from P&F Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:PFIN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 63.58 0.77 21.70
2018-12-31 65.00 0.86 21.71
2018-09-30 64.21 0.07 21.64
2018-06-30 62.33 -0.47 21.26
2018-03-31 61.50 -0.76 21.26
2017-12-31 58.97 -0.88 21.03
2017-09-30 56.86 -0.13 20.29
2017-06-30 55.72 -0.42 19.85
2017-03-31 55.99 -5.81 19.64
2016-12-31 57.28 -5.68 19.61
2016-09-30 58.54 -5.24 19.41
2016-06-30 59.83 -4.45 19.28
2016-03-31 60.25 1.55 19.24
2015-12-31 60.31 1.86 19.16
2015-09-30 64.44 1.74 19.91
2015-06-30 71.45 2.05 21.56
2015-03-31 73.66 1.99 22.01
2014-12-31 75.04 2.08 22.30
2014-09-30 72.53 2.77 20.93
2014-06-30 70.08 2.76 20.15
2014-03-31 71.29 3.07 20.86
2013-12-31 76.07 3.23 21.54
2013-09-30 73.36 2.65 22.04
2013-06-30 70.50 5.41 21.03
2013-03-31 66.26 5.33 19.49
2012-12-31 59.87 5.41 18.32
2012-09-30 59.05 5.11 18.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • P&F Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • P&F Industries used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • P&F Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess P&F Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
P&F Industries has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is P&F Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up P&F Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • P&F Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • P&F Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of P&F Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from P&F Industries Company Filings, last reported 3 months ago.

NasdaqGM:PFIN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 42.24 6.79 0.90
2018-12-31 45.54 2.55 1.00
2018-09-30 46.64 4.08 1.73
2018-06-30 46.41 2.73 1.49
2018-03-31 46.08 3.34 1.70
2017-12-31 46.01 2.02 1.24
2017-09-30 47.22 2.43 1.21
2017-06-30 47.39 4.63 1.27
2017-03-31 47.39 0.10 1.41
2016-12-31 47.59 0.10 3.70
2016-09-30 47.81 1.55 0.94
2016-06-30 48.14 2.82 0.91
2016-03-31 53.68 0.13 0.88
2015-12-31 43.64 16.05 0.93
2015-09-30 43.26 18.08 1.68
2015-06-30 42.27 21.66 0.87
2015-03-31 40.73 24.30 0.66
2014-12-31 39.99 21.48 1.01
2014-09-30 41.46 24.35 0.50
2014-06-30 40.63 15.55 10.91
2014-03-31 39.29 9.50 0.58
2013-12-31 38.73 7.72 0.41
2013-09-30 37.71 9.77 0.48
2013-06-30 36.80 14.21 0.91
2013-03-31 35.76 18.39 0.58
2012-12-31 35.09 10.62 0.70
2012-09-30 34.67 11.18 0.31
  • P&F Industries's level of debt (16.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (24.3% vs 16.1% today).
  • Debt is well covered by operating cash flow (38.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).
X
Financial health checks
We assess P&F Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. P&F Industries has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is P&F Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.47%
Current annual income from P&F Industries dividends.
If you bought $2,000 of P&F Industries shares you are expected to receive $49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • P&F Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • P&F Industries's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:PFIN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:PFIN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-09 0.200 2.416
2019-03-08 0.200 2.431
2018-11-08 0.200 2.502
2018-08-09 0.200 2.471
2018-05-11 0.200 2.350
2018-02-15 0.200 2.563
2017-11-09 0.200 2.598
2017-08-10 0.200 2.868
2017-05-11 0.200 3.304
2017-01-26 0.200 2.625
2016-10-18 0.200 2.512
2016-07-06 0.200 2.312
2016-03-08 0.200 2.124

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, P&F Industries has been paying a dividend for less than 10 years.
  • P&F Industries has only been paying a dividend for 3 years, and since then there has been no growth.
Current Payout to shareholders
What portion of P&F Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess P&F Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can P&F Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. P&F Industries has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of P&F Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Horowitz
COMPENSATION $1,676,354
AGE 69
TENURE AS CEO 23.7 years
CEO Bio

Mr. Richard A. Horowitz is the Founder of P&F Industries, Inc. and has been its Chairman and Chief Executive Officer since November 1995. Mr. Horowitz has been the President of P&F Industries, Inc. since 1986 and serves as its Assistant Treasurer. He served as a Principal Operating Officer of P&F Industries, Inc. Mr. Horowitz has been a Director of P&F Industries, Inc. since 1975.

CEO Compensation
  • Richard's compensation has increased in line with P&F Industries recently becoming profitable.
  • Richard's remuneration is higher than average for companies of similar size in United States of America.
Management Team

Richard Horowitz

TITLE
Founder
COMPENSATION
$2M
AGE
69
TENURE
23.7 yrs

Joseph Molino

TITLE
VP, COO
COMPENSATION
$693K
AGE
55
TENURE
21.6 yrs

Richard Goodman

TITLE
General Counsel

Kirsten Nicklaus

TITLE
Controller
Board of Directors Tenure

Average tenure and age of the P&F Industries board of directors in years:

13.8
Average Tenure
69
Average Age
  • The average tenure for the P&F Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sidney Horowitz

TITLE
Chairman Emeritus
COMPENSATION
$11K
AGE
99
TENURE
23.7 yrs

Richard Horowitz

TITLE
Founder
COMPENSATION
$2M
AGE
69
TENURE
23.7 yrs

Jeffrey Franklin

TITLE
Independent Director
COMPENSATION
$56K
AGE
65
TENURE
15.3 yrs

Ken Scheriff

TITLE
Independent Director
COMPENSATION
$42K
AGE
70
TENURE
13.8 yrs

Howard Brownstein

TITLE
Independent Director
COMPENSATION
$47K
AGE
68
TENURE
9 yrs

Mitchell Solomon

TITLE
Lead Independent Director
COMPENSATION
$41K
AGE
59
TENURE
6.8 yrs

Richard Randall

TITLE
Independent Director
COMPENSATION
$50K
AGE
81
TENURE
7.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess P&F Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. P&F Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Investors Who Bought P&F Industries (NASDAQ:PFIN) Shares Three Years Ago Are Now Down 12%

(NASDAQ:PFIN) shareholders, since the share price is down 12% in the last three years, falling well short of the market return of around 48%. … View our latest analysis for P&F Industries To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … As it happens, P&F Industries's TSR for the last 3 years was -5.6%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Is P&F Industries, Inc.'s (NASDAQ:PFIN) CEO Salary Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … View our latest analysis for P&F Industries How Does Richard Horowitz's Compensation Compare With Similar Sized Companies? … Given the total loss of 4.1% over three years, many shareholders in P&F Industries, Inc.

Simply Wall St -

Is P&F Industries, Inc.'s (NASDAQ:PFIN) CEO Pay Justified?

First, this article will compare CEO compensation with compensation at similar sized companies. … See our latest analysis for P&F Industries How Does Richard Horowitz's Compensation Compare With Similar Sized Companies? … We compared the total CEO remuneration paid by P&F Industries, Inc., and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Is P&F Industries, Inc. (NASDAQ:PFIN) An Attractive Dividend Stock?

As P&F Industries's dividend was not well covered by earnings, we need to check its balance sheet for signs of financial distress. … However we're conscious that the company hasn't got an overly long track record of dividend payments yet, which makes us wary of relying on its dividend income. … Dividend Growth Potential The other half of the dividend investing equation is evaluating whether earnings per share (EPS) are growing. Over the long term, dividends need to grow at or above the rate of inflation, in order to maintain the recipient's purchasing power. It's not great to see that P&F Industries's have fallen at approximately 25% over the past five years. Declining earnings per share over a number of years is not a great sign for the dividend investor. Without some improvement, this does not bode well for the long term value of a company's dividend. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Shareholders Should Look Hard At P&F Industries, Inc.’s (NASDAQ:PFIN) 3.2% Return On Capital

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Investors Who Bought P&F Industries (NASDAQ:PFIN) Shares Three Years Ago Are Now Down 13%

(NASDAQ:PFIN) shareholders have had that experience, with the share price dropping 13% in three years, versus a market return of about 51%. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … So it's worth looking at other metrics to try to understand the share price move.

Simply Wall St -

Consider This Before Buying P&F Industries, Inc. (NASDAQ:PFIN) For The 2.3% Dividend

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Let's dig deeper into whether P&F Industries should have a place in your portfolio. … See our latest analysis for P&F Industries

Simply Wall St -

What Did P&F Industries, Inc.'s (NASDAQ:PFIN) CEO Take Home Last Year?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. … How Does Richard Horowitz's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Kind Of Investor Owns Most Of P&F Industries, Inc. (NASDAQ:PFIN)?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

P&F Industries Inc (NASDAQ:PFIN)'s Return on Capital

and looking to gauge the potential return on investment in P&F Industries Inc (NASDAQ:PFIN). … Thus, to understand how your money can grow by investing in P&F Industries, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … P&F Industries's Return On Capital Employed

Simply Wall St -

Company Info

Description

P&F Industries, Inc., through its subsidiaries, designs, imports, and sells pneumatic hand tools primarily to the retail, industrial, automotive, and aerospace markets in the United States and internationally. The company offers pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, Jiffy Air Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers’ representatives to retailers, distributors, and private label customers. It also markets pipes and bolt dies, pipe taps, wrenches, vises and stands, pipes and tubing cutting equipment, hydrostatic test pumps, and replacement electrical components for pipe cutting and threading machines through industrial distributors and contractors, as well as assembles and markets a line of compressor air filters. In addition, the company designs, manufactures, and distributes heavy-duty pneumatic impact tools, grinders, air motors, hydro-pneumatic riveters, hydrostatic test plugs, impact sockets, custom gears, accessories, and various replacement parts for use in power generation, petrochemical, aerospace, construction, railroad, mining, ship building, and fabricated metals industries under the ATP, ATSCO, Numatx, Thaxton, OZAT, and Quality Gear brands, as well as manufactures components, assemblies, and finished product and systems for various original equipment manufacturers. P&F Industries, Inc. is based in Melville, New York.

Details
Name: P&F Industries, Inc.
PFIN
Exchange: NasdaqGM
Founded:
$25,549,923
3,154,000
Website: http://www.pfina.com
Address: P&F Industries, Inc.
445 Broadhollow Road,
Suite 100,
Melville,
New York, 11747,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM PFIN Class A Common Stock Nasdaq Global Market US USD 02. Jan 1968
Number of employees
Current staff
Staff numbers
180
P&F Industries employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 23:50
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.