| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
PSMT Overview
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia.
PriceSmart Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$80.37 |
| 52 Week High | US$64.95 |
| 52 Week Low | US$104.90 |
| Beta | 0.87 |
| 1 Month Change | -6.85% |
| 3 Month Change | -10.66% |
| 1 Year Change | 21.11% |
| 3 Year Change | -0.72% |
| 5 Year Change | -4.05% |
| Change since IPO | 518.23% |
Recent News & Updates
Shareholder Returns
| PSMT | US Consumer Retailing | US Market | |
|---|---|---|---|
| 7D | -2.6% | 0.1% | 0.1% |
| 1Y | 21.1% | 17.3% | 35.3% |
Return vs Industry: PSMT exceeded the US Consumer Retailing industry which returned 17.3% over the past year.
Return vs Market: PSMT underperformed the US Market which returned 35.3% over the past year.
Price Volatility
| PSMT volatility | |
|---|---|
| PSMT Beta | 0.87 |
| Industry Beta | 0.61 |
| Market Beta | 1 |
Stable Share Price: PSMT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PSMT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 9,500 | Sherry Bahrambeygui | https://www.pricesmart.com |
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products and provide services, such as optical and tires to individuals and businesses. As of February 03, 2021, the company operated 47 warehouse clubs in 12 countries and one U.S. territory.
PriceSmart Fundamentals Summary
| PSMT fundamental statistics | |
|---|---|
| Market Cap | US$2.44b |
| Earnings (TTM) | US$97.31m |
| Revenue (TTM) | US$3.52b |
25.1x
P/E Ratio0.7x
P/S RatioIs PSMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSMT income statement (TTM) | |
|---|---|
| Revenue | US$3.52b |
| Cost of Revenue | US$2.90b |
| Gross Profit | US$623.08m |
| Expenses | US$525.77m |
| Earnings | US$97.31m |
Last Reported Earnings
May 31, 2021
Next Earnings Date
Oct 21, 2021
| Earnings per share (EPS) | 3.20 |
| Gross Margin | 17.70% |
| Net Profit Margin | 2.76% |
| Debt/Equity Ratio | 13.9% |
How did PSMT perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield22%
Payout RatioValuation
Is PriceSmart undervalued compared to its fair value and its price relative to the market?
25.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PSMT ($80.37) is trading above our estimate of fair value ($19.07)
Significantly Below Fair Value: PSMT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PSMT is poor value based on its PE Ratio (25.1x) compared to the US Consumer Retailing industry average (19.9x).
PE vs Market: PSMT is poor value based on its PE Ratio (25.1x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: PSMT is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: PSMT is overvalued based on its PB Ratio (2.7x) compared to the US Consumer Retailing industry average (2.2x).
Future Growth
How is PriceSmart forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
9.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSMT's forecast earnings growth (9.4% per year) is above the savings rate (2%).
Earnings vs Market: PSMT's earnings (9.4% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: PSMT's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSMT's revenue (7.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: PSMT's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSMT's Return on Equity is forecast to be low in 3 years time (11.1%).
Past Performance
How has PriceSmart performed over the past 5 years?
-1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSMT has high quality earnings.
Growing Profit Margin: PSMT's current net profit margins (2.8%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: PSMT's earnings have declined by 1.3% per year over the past 5 years.
Accelerating Growth: PSMT's earnings growth over the past year (25%) exceeds its 5-year average (-1.3% per year).
Earnings vs Industry: PSMT earnings growth over the past year (25%) underperformed the Consumer Retailing industry 25%.
Return on Equity
High ROE: PSMT's Return on Equity (11%) is considered low.
Financial Health
How is PriceSmart's financial position?
Financial Position Analysis
Short Term Liabilities: PSMT's short term assets ($639.2M) exceed its short term liabilities ($483.0M).
Long Term Liabilities: PSMT's short term assets ($639.2M) exceed its long term liabilities ($249.2M).
Debt to Equity History and Analysis
Debt Level: PSMT's debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: PSMT's debt to equity ratio has reduced from 16.2% to 13.9% over the past 5 years.
Debt Coverage: PSMT's debt is well covered by operating cash flow (132.1%).
Interest Coverage: PSMT's interest payments on its debt are well covered by EBIT (24.6x coverage).
Balance Sheet
Dividend
What is PriceSmart current dividend yield, its reliability and sustainability?
0.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSMT's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: PSMT's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: PSMT's dividends per share have been stable in the past 10 years.
Growing Dividend: PSMT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.8%), PSMT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSMT's dividends in 3 years are forecast to be well covered by earnings (18.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.6yrs
Average management tenure
CEO
Sherry Bahrambeygui (57 yo)
2.83yrs
Tenure
US$6,246,076
Compensation
Ms. Sherry S. Bahrambeygui serves as the Chairman of the Board at Aeropost International Services, Inc. She has been the Chief Executive Officer of PriceSmart Inc. since January 30, 2019 and has been its D...
CEO Compensation Analysis
Compensation vs Market: Sherry's total compensation ($USD6.25M) is about average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Sherry's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PSMT's management team is seasoned and experienced (11.6 years average tenure).
Board Members
Experienced Board: PSMT's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PSMT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PriceSmart, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: PriceSmart, Inc.
- Ticker: PSMT
- Exchange: NasdaqGS
- Founded: 1994
- Industry: Hypermarkets and Super Centers
- Sector: Consumer Retailing
- Market Cap: US$2.441b
- Shares outstanding: 30.37m
- Website: https://www.pricesmart.com
Number of Employees
Location
- PriceSmart, Inc.
- 9740 Scranton Road
- San Diego
- California
- 92121
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/26 22:17 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/05/31 |
| Annual Earnings | 2020/08/31 |
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.