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PRTY

Party City Holdco NYSE:PRTY Stock Report

Last Price

US$1.34

Market Cap

US$150.7m

7D

-15.7%

1Y

-85.7%

Updated

04 Jul, 2022

Data

Company Financials +
PRTY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

PRTY Stock Overview

Party City Holdco Inc. designs, manufactures, sources, and distributes party goods worldwide.

Party City Holdco Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Party City Holdco
Historical stock prices
Current Share PriceUS$1.34
52 Week HighUS$9.38
52 Week LowUS$1.09
Beta3.5
1 Month Change-1.47%
3 Month Change-60.24%
1 Year Change-85.70%
3 Year Change-82.11%
5 Year Change-91.30%
Change since IPO-93.53%

Recent News & Updates

Jun 07

Party City Presents Contrarian Opportunity, But With High Leverage And Q1 Miss

An inexpensive retailer at 3x-5x earnings on current guidance. If pre-COVID profitability can be reached, the business is extremely cheap. However, there are material risks from shrinking margins, a high debt load, and a weak consumer. The risk-reward appears attractive, in aggregate, but this stock carries material risks. There are also reasons to think that the focus on helium balloons and the laser focus on party category gives the business some level of 'moat' within retail.

Shareholder Returns

PRTYUS Specialty RetailUS Market
7D-15.7%-7.4%-2.2%
1Y-85.7%-32.6%-21.2%

Return vs Industry: PRTY underperformed the US Specialty Retail industry which returned -32.6% over the past year.

Return vs Market: PRTY underperformed the US Market which returned -21.2% over the past year.

Price Volatility

Is PRTY's price volatile compared to industry and market?
PRTY volatility
PRTY Average Weekly Movement22.2%
Specialty Retail Industry Average Movement8.9%
Market Average Movement8.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.3%

Stable Share Price: PRTY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: PRTY's weekly volatility has increased from 15% to 22% over the past year.

About the Company

FoundedEmployeesCEOWebsite
194711,450Brad Westonhttps://www.partycity.com

Party City Holdco Inc. designs, manufactures, sources, and distributes party goods worldwide. The company operates through two segments, Retail and Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery.

Party City Holdco Fundamentals Summary

How do Party City Holdco's earnings and revenue compare to its market cap?
PRTY fundamental statistics
Market CapUS$150.74m
Earnings (TTM)-US$19.35m
Revenue (TTM)US$2.18b

0.1x

P/S Ratio

-7.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRTY income statement (TTM)
RevenueUS$2.18b
Cost of RevenueUS$1.80b
Gross ProfitUS$376.59m
Other ExpensesUS$395.94m
Earnings-US$19.35m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.17
Gross Margin17.30%
Net Profit Margin-0.89%
Debt/Equity Ratio2,693.8%

How did PRTY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PRTY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRTY?

Other financial metrics that can be useful for relative valuation.

PRTY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA18.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PRTY's PS Ratio compare to its peers?

PRTY PS Ratio vs Peers
The above table shows the PS ratio for PRTY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.3x
BNED Barnes & Noble Education
0.1x5.9%US$153.5m
BGFV Big 5 Sporting Goods
0.2x0.4%US$241.2m
BBW Build-A-Bear Workshop
0.6x5.2%US$243.9m
JOAN JOANN
0.1x1.5%US$314.4m
PRTY Party City Holdco
0.07x3.6%US$150.7m

Price-To-Sales vs Peers: PRTY is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.3x).


Price to Earnings Ratio vs Industry

How does PRTY's PE Ratio compare vs other companies in the US Specialty Retail Industry?

Price-To-Sales vs Industry: PRTY is good value based on its Price-To-Sales Ratio (0.1x) compared to the US Specialty Retail industry average (0.4x)


Price to Sales Ratio vs Fair Ratio

What is PRTY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRTY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.07x
Fair PS Ratio0.1x

Price-To-Sales vs Fair Ratio: PRTY is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.1x).


Share Price vs Fair Value

What is the Fair Price of PRTY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PRTY's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PRTY's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PRTY's PEG Ratio to determine if it is good value.


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Future Growth

How is Party City Holdco forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.6%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PRTY's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if PRTY's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if PRTY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRTY's revenue (3.6% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: PRTY's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRTY's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Party City Holdco performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-36.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PRTY is currently unprofitable.

Growing Profit Margin: PRTY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRTY is unprofitable, and losses have increased over the past 5 years at a rate of 36.5% per year.

Accelerating Growth: Unable to compare PRTY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRTY is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (40.3%).


Return on Equity

High ROE: PRTY has a negative Return on Equity (-33.51%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Party City Holdco's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PRTY's short term assets ($760.7M) exceed its short term liabilities ($673.1M).

Long Term Liabilities: PRTY's short term assets ($760.7M) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: PRTY's net debt to equity ratio (2637.2%) is considered high.

Reducing Debt: PRTY's debt to equity ratio has increased from 171.8% to 2693.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PRTY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PRTY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.2% each year


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Dividend

What is Party City Holdco current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PRTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PRTY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRTY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRTY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PRTY has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Brad Weston (57 yo)

3yrs

Tenure

US$2,658,334

Compensation

Mr. Bradley Morgan Weston, also known as Brad, serves as President of Party City Holdco Inc. and Chief Executive Officer of Party City Retail Group since July 2019. He serves as Chief Executive Officer and...


CEO Compensation Analysis

Compensation vs Market: Brad's total compensation ($USD2.66M) is above average for companies of similar size in the US market ($USD1.83M).

Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PRTY's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: PRTY's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Party City Holdco Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Party City Holdco Inc.
  • Ticker: PRTY
  • Exchange: NYSE
  • Founded: 1947
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: US$150.741m
  • Shares outstanding: 112.49m
  • Website: https://www.partycity.com

Number of Employees


Location

  • Party City Holdco Inc.
  • 80 Grasslands Road
  • Elmsford
  • New York
  • 10523
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.