PriceSmart
Market Cap
US$2.0b
Last Updated
2019/10/19 23:44 UTC
Data Sources
Company Financials +
Executive Summary
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia.
Snowflake
Fundamentals
Flawless balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has PriceSmart's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.2%
PSMT
-0.0006%
US Consumer Retailing
0.4%
US Market
1 Year Return
-14.9%
PSMT
14.4%
US Consumer Retailing
6.9%
US Market
Return vs Industry: PSMT underperformed the US Consumer Retailing industry which returned 14.4% over the past year.
Return vs Market: PSMT underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| PSMT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -0.0006% | 0.4% |
| 30 Day | 11.1% | 1.6% | -1.1% |
| 90 Day | 9.3% | 5.5% | -0.5% |
| 1 Year | -13.9%-14.9% | 16.6%14.4% | 9.3%6.9% |
| 3 Year | -19.5%-21.8% | 56.5%46.5% | 45.8%36.4% |
| 5 Year | -19.7%-23.3% | 69.0%50.7% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is PriceSmart's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Imagine Owning PriceSmart (NASDAQ:PSMT) And Wondering If The 25% Share Price Slide Is Justified2 weeks ago | Simply Wall St
Here's What PriceSmart, Inc.'s (NASDAQ:PSMT) ROCE Can Tell Us4 weeks ago | Simply Wall St
What Does PriceSmart, Inc.'s (NASDAQ:PSMT) P/E Ratio Tell You?Valuation
Is PriceSmart undervalued compared to its fair value and its price relative to the market?
28.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: PSMT ($67.44) is trading above our estimate of fair value ($50.66)
Significantly Undervalued: 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 (28.7x) compared to the Consumer Retailing industry average (20x).
PE vs Market: PSMT is poor value based on its PE Ratio (28.7x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: PSMT is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: PSMT is overvalued based on its PB Ratio (2.6x) compared to the US Consumer Retailing industry average (2.1x).
Next Steps
Future Growth
How is PriceSmart forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
13.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSMT's forecast earnings growth (13.2% per year) is above the savings rate (2.7%).
Earnings vs Market: PSMT's earnings (13.2% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: PSMT's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSMT's revenue (5.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: PSMT's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if PSMT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has PriceSmart performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PSMT's earnings have declined by -4.9% per year over the past 5 years.
Accelerating Growth: PSMT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PSMT had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Consumer Retailing industry average (-14.2%).
Return on Equity
High ROE: PSMT's Return on Equity (9.2%) is considered low.
Return on Assets
ROA vs Industry: PSMT has a higher Return on Assets than the Consumer Retailing industry average last year.
Return on Capital Employed
ROCE Improving: PSMT's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is PriceSmart's financial position?
Financial Position Analysis
Short Term Liabilities: PSMT's short term assets ($500.5M) exceeds its short term liabilities ($390.3M)
Long Term Liabilities: PSMT's short term assets (500.5M) exceeds its long term liabilities (92.5M)
Debt to Equity History and Analysis
Debt Level: PSMT's debt to equity ratio (12.4%) is considered satisfactory
Reducing Debt: PSMT's debt to equity ratio has reduced from 18% to 12.4% over the past 5 years.
Debt Coverage: PSMT's debt is well covered by operating cash flow (147.1%).
Interest Coverage: PSMT's interest payments on its debt are well covered by EBIT (39x coverage).
Balance Sheet
Inventory Level: PSMT has a high level of physical assets or inventory.
Debt Coverage by Assets: PSMT's debt is covered by short term assets (assets are 5.199180x debt).
Next Steps
Dividend
What is PriceSmart's current dividend yield, its reliability and sustainability?
1.04%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: PSMT's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PSMT's dividend (1.04%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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 reasonably low payout ratio (29.8%), PSMT's dividend payments are well 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.
Next Steps
Management
What is the CEO of PriceSmart's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Sherry Bahrambeygui (55yo)
0.9yrs
Tenure
US$126,994
Compensation
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. She is the Co-Owner of Hosey Family Trust. Ms. Bahra ...
Management Age and Tenure
3.3yrs
Average Tenure
56yo
Average Age
Experienced Management: PSMT's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
66.5yo
Average Age
Experienced Board: PSMT's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 1,000 |
| Max Price | US$61.68 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Local/Regional Merchandising |
| Shares | 818 |
| Max Price | US$62.41 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 50,000 |
| Max Price | US$57.16 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,137 |
| Max Price | US$60.85 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Operations |
| Shares | 870 |
| Max Price | US$62.08 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 592 |
| Max Price | US$60.91 |
| Entity | Individual |
| Shares | 2,117 |
| Max Price | US$65.89 |
| Entity | Individual |
| Shares | 600 |
| Max Price | US$64.86 |
| Entity | Individual |
| Shares | 15,995 |
| Max Price | US$64.94 |
| Entity | Individual |
| Shares | 22,058 |
| Max Price | US$69.99 |
Ownership Breakdown
Management Team
Robert Price (77yo)
Founder & Executive Chairman
- Tenure: 22.8yrs
William Naylon (57yo)
Executive VP & COO
- Tenure: 17.8yrs
- Compensation: US$578.80k
John Hildebrandt (61yo)
Executive Vice President of Operations
- Tenure: 18.3yrs
- Compensation: US$1.37m
Brud Drachman (64yo)
Executive Vice President of Construction & Facilities
- Tenure: 16.9yrs
- Compensation: US$192.92k
Jose Marin
Senior Vice President of Marketing & Member Services
- Tenure: 10.6yrs
Jesus Von Chong (53yo)
Executive Vice President of Local/Regional Merchandising
- Tenure: 1.2yrs
- Compensation: US$470.76k
Sherry Bahrambeygui (55yo)
CEO & Director
- Tenure: 0.9yrs
- Compensation: US$126.99k
Maarten Jager (54yo)
CFO, Executive VP & Principal Accounting Officer
- Tenure: 1.5yrs
- Compensation: US$2.77m
Francisco Velasco (48yo)
Executive VP
- Tenure: 3.3yrs
- Compensation: US$866.37k
Alberto Morales
Senior Vice President of Human Resources
- Tenure: 2.2yrs
Board Members
Beatriz Infante (65yo)
Director
- Tenure: 1.8yrs
- Compensation: US$157.43k
Gary Malino (61yo)
Director
- Tenure: 3.5yrs
- Compensation: US$99.78k
Robert Price (77yo)
Founder & Executive Chairman
- Tenure: 22.8yrs
Mitchell Lynn (70yo)
Director
- Tenure: 7.9yrs
- Compensation: US$96.99k
Leon Janks (70yo)
Lead Director
- Tenure: 1yrs
- Compensation: US$165.99k
Edgar A. Zurcher (68yo)
Director
- Tenure: 10yrs
- Compensation: US$86.99k
Pierre Mignault (71yo)
Director
- Tenure: 4.2yrs
- Compensation: US$146.98k
Gonzalo Barrutieta Losada (53yo)
Director
- Tenure: 11.7yrs
- Compensation: US$91.99k
Sherry Bahrambeygui (55yo)
CEO & Director
- Tenure: 0.9yrs
- Compensation: US$126.99k
Gordon Hanson (55yo)
Director
- Tenure: 5.5yrs
- Compensation: US$91.99k
Company Information
PriceSmart, Inc.'s company bio, 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$2.033b
- Shares outstanding: 30.15m
- Website: https://www.pricesmart.com
Number of Employees
Location
- PriceSmart, Inc.
- 9740 Scranton Road
- San Diego
- California
- 92121
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PSMT | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1997 |
| PS8 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1997 |
Biography
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 i ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:44 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/05/31 |
| Annual Earnings | 2018/08/31 |
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.