PriceSmart
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PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. The last earnings update was 44 days ago. More info.
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PSMT Share Price and Events
7 Day Returns
1 Year Returns
PSMT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| PriceSmart (PSMT) | -3.1% | -9.1% | -16.5% | -37.6% | -39.6% | -41.9% |
| US Consumer Retailing | 1.1% | 0% | 0.8% | 14.7% | 25.4% | 31.7% |
| US Market | 0.2% | -1.6% | 2.4% | 2.9% | 36.1% | 41% |
1 Year Return vs Industry and Market
- PSMT underperformed the Consumer Retailing industry which returned 14.7% over the past year.
- PSMT underperformed the Market in United States of America which returned 2.9% over the past year.
PSMT Value
Is PriceSmart 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
PriceSmart
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for PriceSmart.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 2 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.5% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Consumer Retailing Unlevered Beta | Simply Wall St/ S&P Global | 0.47 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.471 (1 + (1- 21%) (6.03%)) |
0.66 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%) |
7.5% |
Discounted Cash Flow Calculation for NasdaqGS:PSMT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for PriceSmart 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.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 7.5%) |
|
|---|---|---|---|
| 2019 | 14.76 | Est @ -19.2% | 13.73 |
| 2020 | 12.90 | Est @ -12.62% | 11.16 |
| 2021 | 11.86 | Est @ -8.01% | 9.55 |
| 2022 | 11.30 | Est @ -4.79% | 8.46 |
| 2023 | 11.01 | Est @ -2.53% | 7.67 |
| 2024 | 10.90 | Est @ -0.96% | 7.07 |
| 2025 | 10.92 | Est @ 0.15% | 6.58 |
| 2026 | 11.02 | Est @ 0.92% | 6.18 |
| 2027 | 11.18 | Est @ 1.47% | 5.83 |
| 2028 | 11.39 | Est @ 1.85% | 5.53 |
| Present value of next 10 years cash flows | $81.77 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $11.39 × (1 + 2.73%) ÷ (7.5% – 2.73%) |
$245.41 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $245.41 ÷ (1 + 7.5%)10 |
$119.09 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $81.77 + $119.09 |
$200.86 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $200.86 / 30.16 |
$6.66 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $6.66 |
| Current discount | Discount to share price of
$53.08
= -1 x ($53.08 - $6.66) / $6.66 |
-697% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of PriceSmart is above its future cash flow value.
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 PriceSmart's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
PriceSmart's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-02-28) in USD | $2.50 |
| NasdaqGS:PSMT Share Price ** | NasdaqGS (2019-05-23) in USD | $53.08 |
| United States of America Consumer Retailing Industry PE Ratio | Median Figure of 22 Publicly-Listed Consumer Retailing Companies | 21.37x |
| United States of America Market PE Ratio | Median Figure of 3,085 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of PriceSmart.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:PSMT Share Price ÷ EPS (both in USD) = 53.08 ÷ 2.50 |
21.24x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PriceSmart is good value based on earnings compared to the US Consumer Retailing industry average.
- PriceSmart is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
PriceSmart's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 21.24x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts |
24.5%per year |
| United States of America Consumer Retailing Industry PEG Ratio | Median Figure of 14 Publicly-Listed Consumer Retailing Companies | 2.87x |
| United States of America Market PEG Ratio | Median Figure of 2,123 Publicly-Listed Companies | 1.54x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 21.24x ÷ 24.5% |
0.87x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PriceSmart is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
PriceSmart's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-02-28) in USD | $25.35 |
| NasdaqGS:PSMT Share Price * | NasdaqGS (2019-05-23) in USD | $53.08 |
| United States of America Consumer Retailing Industry PB Ratio | Median Figure of 30 Publicly-Listed Consumer Retailing Companies | 2.3x |
| United States of America Market PB Ratio | Median Figure of 5,201 Publicly-Listed Companies | 1.84x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:PSMT Share Price ÷ Book Value per Share (both in USD) = 53.08 ÷ 25.35 |
2.09x |
* Primary Listing of PriceSmart.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PriceSmart is good value based on assets compared to the US Consumer Retailing industry average.
Value checks
We assess PriceSmart's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check) PriceSmart has a total score of 3/6, 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.
PSMT Future Performance
How is PriceSmart expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
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!
Earnings growth vs Low Risk Savings
- PriceSmart's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- PriceSmart's earnings growth is expected to exceed the United States of America market average.
- PriceSmart's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:PSMT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts | 24.5% |
| NasdaqGS:PSMT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts | 7.5% |
| United States of America Consumer Retailing Industry Earnings Growth Rate | Market Cap Weighted Average | 5.5% |
| United States of America Consumer Retailing Industry Revenue Growth Rate | Market Cap Weighted Average | 3.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.7% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-08-31 | 3,549 | 104 | 1 | |
| 2019-08-31 | 3,245 | 76 | 2 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-02-28 | 3,194 | 137 | 75 |
| 2018-11-30 | 3,179 | 155 | 66 |
| 2018-08-31 | 3,167 | 119 | 73 |
| 2018-05-31 | 3,122 | 127 | 74 |
| 2018-02-28 | 3,070 | 117 | 74 |
| 2017-11-30 | 3,024 | 111 | 87 |
| 2017-08-31 | 2,997 | 123 | 89 |
| 2017-05-31 | 2,974 | 116 | 92 |
| 2017-02-28 | 2,948 | 137 | 90 |
| 2016-11-30 | 2,933 | 142 | 88 |
| 2016-08-31 | 2,905 | 142 | 87 |
| 2016-05-31 | 2,893 | 157 | 88 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from PriceSmart Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-08-31 | 3.43 | 3.43 | 3.43 | 1.00 |
| 2019-08-31 | 2.51 | 2.71 | 2.30 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-02-28 | 2.50 |
| 2018-11-30 | 2.18 |
| 2018-08-31 | 2.44 |
| 2018-05-31 | 2.47 |
| 2018-02-28 | 2.47 |
| 2017-11-30 | 2.90 |
| 2017-08-31 | 2.98 |
| 2017-05-31 | 3.06 |
| 2017-02-28 | 2.99 |
| 2016-11-30 | 2.95 |
| 2016-08-31 | 2.92 |
| 2016-05-31 | 2.93 |
*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 PriceSmart will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess PriceSmart's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
PriceSmart has a total score of 4/6, 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.
PSMT Past Performance
How has PriceSmart 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
Past Earnings growth analysis
- PriceSmart's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- PriceSmart's 1-year earnings growth exceeds its 5-year average (1.5% vs -4.1%)
- PriceSmart's earnings growth has exceeded the US Consumer Retailing industry average in the past year (1.5% vs -5%).
Earnings and Revenue History
All data from PriceSmart Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-02-28 | 3,194.13 | 75.39 | 397.69 | |
| 2018-11-30 | 3,179.27 | 65.66 | 389.27 | |
| 2018-08-31 | 3,166.70 | 73.43 | 380.19 | |
| 2018-05-31 | 3,122.34 | 74.20 | 367.65 | |
| 2018-02-28 | 3,070.40 | 74.31 | 351.63 | |
| 2017-11-30 | 3,024.13 | 87.14 | 345.33 | |
| 2017-08-31 | 2,996.63 | 89.40 | 338.69 | |
| 2017-05-31 | 2,974.38 | 91.77 | 333.62 | |
| 2017-02-28 | 2,948.38 | 89.75 | 328.15 | |
| 2016-11-30 | 2,933.02 | 88.40 | 323.17 | |
| 2016-08-31 | 2,905.18 | 87.29 | 317.67 | |
| 2016-05-31 | 2,893.10 | 87.58 | 314.12 | |
| 2016-02-29 | 2,885.95 | 91.96 | 309.92 | |
| 2015-11-30 | 2,858.31 | 91.01 | 305.29 | |
| 2015-08-31 | 2,802.60 | 87.99 | 301.39 | |
| 2015-05-31 | 2,725.98 | 87.32 | 292.25 | |
| 2015-02-28 | 2,643.91 | 87.36 | 284.60 | |
| 2014-11-30 | 2,567.99 | 90.56 | 275.03 | |
| 2014-08-31 | 2,517.57 | 91.23 | 265.75 | |
| 2014-05-31 | 2,480.41 | 90.14 | 260.71 | |
| 2014-02-28 | 2,437.09 | 87.34 | 254.71 | |
| 2013-11-30 | 2,370.13 | 83.88 | 248.14 | |
| 2013-08-31 | 2,299.81 | 82.49 | 242.45 | |
| 2013-05-31 | 2,228.40 | 79.41 | 236.58 | |
| 2013-02-28 | 2,162.00 | 76.64 | 231.81 | |
| 2012-11-30 | 2,103.00 | 72.12 | 227.83 | |
| 2012-08-31 | 2,045.16 | 66.31 | 221.26 | |
| 2012-05-31 | 1,978.60 | 61.41 | 217.83 |
*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.
- PriceSmart has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- PriceSmart used its assets more efficiently than the US Consumer Retailing industry average last year based on Return on Assets.
- PriceSmart's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess PriceSmart's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
PriceSmart has a total score of 3/6, 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.
PSMT Health
How is PriceSmart'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 PriceSmart's finances.
The net worth of a company is the difference between its assets and liabilities.
- PriceSmart is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- PriceSmart's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 5.2x 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.
All data from PriceSmart Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-02-28 | 773.59 | 96.60 | 113.76 |
| 2018-11-30 | 766.08 | 99.65 | 107.03 |
| 2018-08-31 | 758.64 | 103.08 | 125.76 |
| 2018-05-31 | 750.70 | 106.72 | 141.16 |
| 2018-02-28 | 731.23 | 97.34 | 152.13 |
| 2017-11-30 | 732.31 | 101.43 | 129.18 |
| 2017-08-31 | 708.77 | 106.98 | 162.43 |
| 2017-05-31 | 689.39 | 125.31 | 192.11 |
| 2017-02-28 | 671.69 | 123.79 | 181.99 |
| 2016-11-30 | 655.00 | 97.69 | 175.40 |
| 2016-08-31 | 638.07 | 106.16 | 199.52 |
| 2016-05-31 | 612.23 | 99.37 | 202.62 |
| 2016-02-29 | 586.97 | 93.04 | 173.01 |
| 2015-11-30 | 591.76 | 98.01 | 140.01 |
| 2015-08-31 | 566.58 | 98.84 | 157.07 |
| 2015-05-31 | 574.44 | 103.31 | 150.02 |
| 2015-02-28 | 553.91 | 110.18 | 119.24 |
| 2014-11-30 | 561.05 | 113.91 | 120.71 |
| 2014-08-31 | 548.27 | 91.44 | 137.59 |
| 2014-05-31 | 523.93 | 94.20 | 124.14 |
| 2014-02-28 | 498.39 | 60.20 | 76.23 |
| 2013-11-30 | 505.06 | 76.29 | 77.23 |
| 2013-08-31 | 481.05 | 73.03 | 121.87 |
| 2013-05-31 | 463.70 | 76.06 | 92.41 |
| 2013-02-28 | 443.18 | 80.96 | 101.20 |
| 2012-11-30 | 421.01 | 82.35 | 84.35 |
| 2012-08-31 | 418.91 | 79.86 | 91.25 |
| 2012-05-31 | 400.12 | 83.67 | 104.94 |
- PriceSmart's level of debt (12.5%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (12.1% vs 12.5% today).
- Debt is well covered by operating cash flow (141.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 36.5x coverage).
Financial health checks
We assess PriceSmart's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) PriceSmart has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
PSMT Dividends
What is PriceSmart'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
If you bought
$2,000 of
PriceSmart
shares you are expected to receive
$26
in your first year as a dividend.
Dividend Amount
- PriceSmart's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- PriceSmart's dividend is below the markets top 25% of dividend payers in United States of America (3.7%).
Upcoming dividend payment
Purchase PriceSmart before the 'Buy Limit' to receive their next dividend payment.
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.
| 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 2 Analyst Estimates (S&P Global) | See Below |
| United States of America Consumer Retailing Industry Average Dividend Yield | Market Cap Weighted Average of 12 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2005 Stocks | 2.5% |
| 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 | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-08-31 | 0.84 | 1.00 |
| 2019-08-31 | 0.77 | 1.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-01-31 | 0.700 | 1.161 |
| 2018-01-25 | 0.700 | 0.902 |
| 2017-02-02 | 0.700 | 0.813 |
| 2016-02-04 | 0.700 | 0.830 |
| 2015-02-04 | 0.700 | 0.830 |
| 2014-01-23 | 0.700 | 0.769 |
| 2012-11-27 | 0.600 | 0.677 |
| 2012-01-26 | 0.600 | 0.832 |
| 2011-01-20 | 0.600 | 1.188 |
| 2010-11-09 | 0.500 | 1.387 |
| 2010-07-09 | 0.500 | 1.799 |
| 2010-01-28 | 0.500 | 2.148 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, PriceSmart has been paying a dividend for less than 10 years.
- Dividend payments have increased, but PriceSmart only paid a dividend in the past 9 years.
Income/ dividend checks
We assess PriceSmart's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can PriceSmart afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) PriceSmart 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.
PSMT Management
CEO
| COMPENSATION | $126,994 |
| AGE | 54 |
| TENURE AS CEO | 0.5 years |
CEO Bio
Ms. Sherry S. Bahrambeygui has been the Chief Executive Officer of PriceSmart Inc. since January 30, 2019 and has been its Director since November 2011. Ms. Bahrambeygui served as Interim Chief Executive Officer of PriceSmart Inc. from November 16, 2018 to January 30, 2019. Ms. Bahrambeygui served as Vice Chairman of the Board at PriceSmart from October 2016 to October 2017. Ms. Bahrambeygui joined The Price Group, LLC in September 2006 and has served as its Senior Executive and Managing Member since 2006. Additionally, Ms. Bahrambeygui serves as Executive Vice President, Secretary and Vice Chairman of the Boards of Price Charities (fka San Diego Revitalization Corp.) and Price Philanthropies Foundation, and is the Chief Executive Officer of PS Ivanhoe, LLC, a commercial real estate company. Ms. Bahrambeygui was a licensed stockbroker and a Founding Partner of the law firm of Hosey & Bahrambeygui, LLP. She has practiced law with an emphasis in employment, compensation, business and corporate matters since 1993 and had provided consultation and legal representation to PriceSmart from time-to-time between 2001 and 2008. Ms. Bahrambeygui was admitted in August 2015 to the Bar of the Supreme Court of the United States. Ms. Bahrambeygui studied at Columbia University and graduated with a B.A. from the University of California San Diego and a J.D. from California Western School of Law.
CEO Compensation
- Sherry's compensation has been consistent with company performance over the past year, both up more than 20%.
- Sherry's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the PriceSmart management team in years:
- The tenure for the PriceSmart management team is about average.
Management Team
Robert Price
Founder & Executive Chairman
76
Sherry Bahrambeygui
CEO & Director
$127K
54
0.5 yrs
Maarten Jager
CFO, Executive VP & Principal Accounting Officer
$3M
53
1.1 yrs
William Naylon
Executive VP & COO
$579K
56
17.3 yrs
Francisco Velasco
Executive VP
$866K
47
2.8 yrs
Jesus Von Chong
Executive Vice President of Local/Regional Merchandising
$471K
52
0.8 yrs
Jose Marin
Senior Vice President of Marketing & Member Services
10.2 yrs
Alberto Morales
Senior Vice President of Human Resources
1.8 yrs
John Hildebrandt
Executive Vice President of Operations
$1M
60
17.8 yrs
Brud Drachman
Executive Vice President of Construction & Facilities
$193K
63
16.5 yrs
Board of Directors Tenure
Average tenure and age of the PriceSmart board of directors in years:
- The tenure for the PriceSmart board of directors is about average.
Board of Directors
Sherry Bahrambeygui
CEO & Director
$127K
54
7.5 yrs
Leon Janks
Vice Chairman & Lead Director
$166K
69
1.6 yrs
Robert Price
Founder & Executive Chairman
76
22.3 yrs
Beatriz Infante
Director
$157K
64
1.3 yrs
Edgar Zurcher
Director
$87K
67
9.6 yrs
Gonzalo Losada
Director
$92K
52
11.3 yrs
Mitchell Lynn
Director
$97K
69
7.5 yrs
Gordon Hanson
Director
$92K
54
5.1 yrs
Pierre Mignault
Director
$147K
70
3.8 yrs
Gary Malino
Director
$100K
60
3.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14. May 19 | Sell | Sherry Bahrambeygui | Individual | 10. May 19 | 14. May 19 | -50,000 | $57.16 | $-2,807,701 | ||
| 23. Apr 19 | Sell | Gordon Hanson | Individual | 18. Apr 19 | 18. Apr 19 | -3,137 | $60.85 | $-190,890 | ||
| 17. Apr 19 | Sell | John Hildebrandt | Individual | 16. Apr 19 | 16. Apr 19 | -870 | $62.08 | $-54,008 | ||
| 01. Feb 19 | Sell | Mitchell Lynn | Individual | 01. Feb 19 | 01. Feb 19 | -592 | $60.91 | $-36,059 | ||
| 28. Jan 19 | Sell | Rodrigo Calvo | Individual | 24. Jan 19 | 24. Jan 19 | -2,117 | $65.89 | $-139,495 | ||
| 17. Jan 19 | Sell | Frank Diaz | Individual | 15. Jan 19 | 15. Jan 19 | -600 | $64.86 | $-38,914 | ||
| 16. Nov 18 | Sell | Jose Laparte | Individual | 14. Nov 18 | 14. Nov 18 | -15,995 | $64.94 | $-1,038,680 | ||
| 09. Nov 18 | Sell | Jose Laparte | Individual | 07. Nov 18 | 08. Nov 18 | -22,058 | $69.99 | $-1,526,225 | ||
| 18. Jul 18 | Sell | Hosey Family Trust | Company | 16. Jul 18 | 17. Jul 18 | -9,905 | $79.03 | $-775,670 | ||
Management checks
We assess PriceSmart's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) PriceSmart 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.
PSMT News
Simply Wall St News
How Did PriceSmart, Inc.'s (NASDAQ:PSMT) 9.9% ROE Fare Against The Industry?
The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for PriceSmart: 9.9% = US$75m ÷ US$774m (Based on the trailing twelve months to February 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
Simply Wall St - – Full articleWho Has Been Selling PriceSmart, Inc. (NASDAQ:PSMT) Shares?
In the last twelve months, the biggest single sale by an insider was when the , Jose Laparte, sold US$1.5m worth of shares at a price of US$69.99 per share … That means that an insider was selling shares at around the current price of US$59.69 … We generally don't like to see insider selling, but the lower the sale price, the more it concerns us
Simply Wall St - – Full articleIs PriceSmart, Inc. (NASDAQ:PSMT) A Great Dividend Stock?
Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. … While PriceSmart's 1.2% dividend yield is not the highest, we think its lengthy payment history is quite interesting. … NasdaqGS:PSMT Historical Dividend Yield, April 22nd 2019
Simply Wall St - – Full articleBefore You Buy PriceSmart, Inc. (NASDAQ:PSMT), Consider Its Volatility
(NASDAQ:PSMT), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleAt US$60.31, Is PriceSmart, Inc. (NASDAQ:PSMT) Worth Looking At Closely?
saw significant share price movement during recent months on the NASDAQGS, rising to highs of $66.29 and falling to the lows of $55.78. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … Let’s take a look at PriceSmart’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleSome PriceSmart Shareholders Are Down 37%
One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Looking back five years, both PriceSmart's share price and EPS declined; the latter at a rate of 4.8% per year. … Readers should note that the share price has fallen faster than the EPS, at a rate of 8.7% per year, over the period.
Simply Wall St - – Full articleIs PriceSmart, Inc.'s (NASDAQ:PSMT) High P/E Ratio A Problem For Investors?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at PriceSmart, Inc.'s (NASDAQ:PSMT) P/E ratio and reflect on what it tells us about the company's share price. … PriceSmart has a price to earnings ratio of 28, based on the last twelve months.
Simply Wall St - – Full articleHow Financially Strong Is PriceSmart, Inc. (NASDAQ:PSMT)?
Investors are always looking for growth in small-cap stocks like PriceSmart, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Consumer Retailing industry facing headwinds from current disruption,.
Simply Wall St - – Full articleWith A -18% Earnings Drop, Is PriceSmart, Inc.'s (NASDAQ:PSMT) A Concern?
After reading PriceSmart, Inc.'s (NASDAQ:PSMT) most recent earnings announcement (31 August 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Was PSMT's recent earnings decline worse than the long-term trend and the industry. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of -1.8%, indicating the rate at which PSMT is growing has slowed down
Simply Wall St - – Full articleIs It Time To Consider Buying PriceSmart, Inc. (NASDAQ:PSMT)?
saw significant share price movement during recent months on the NasdaqGS, rising to highs of $87.65 and falling to the lows of $56.09. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … Let’s take a look at PriceSmart’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articlePSMT Company Info
Description
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. Its warehouse clubs sells brand name and private label consumer goods to individuals and businesses. As of November 30, 2018, the company operated 41 warehouse clubs comprising 7 each in Colombia and Costa Rica; 5 in Panama; 4 each in Trinidad and Dominican Republic; 3 each in Guatemala and Honduras; 2 each in El Salvador and Nicaragua; and 1 each in Aruba, Barbados, Jamaica, and the United States Virgin Islands. PriceSmart, Inc. was founded in 1994 and is headquartered in San Diego, California.
Details
| Name: | PriceSmart, Inc. |
| PSMT | |
| Exchange: | NasdaqGS |
| Founded: | 1994 |
| $1,600,839,985 | |
| 30,159,005 | |
| Website: | http://www.pricesmart.com |
| Address: |
PriceSmart, Inc. 9740 Scranton Road, San Diego, California, 92121, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | PSMT | Common Stock | Nasdaq Global Select | US | USD | 28. Aug 1997 | |
| DB | PS8 | Common Stock | Deutsche Boerse AG | DE | EUR | 28. Aug 1997 |
Number of employees
Current staff
Industry
| Hypermarkets and Super Centers | |
| Consumer Retailing |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/23 23:42 |
| End of day share price update: | 2019/05/23 00:00 |
| Last estimates confirmation: | 2019/04/12 |
| Last earnings filing: | 2019/04/09 |
| Last earnings reported: | 2019/02/28 |
| Last annual earnings reported: | 2018/08/31 |
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.
