Party City Holdco (NYSE:PRTY) - Share price, News & Analysis

PRTY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

PRTY Stock Overview

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

Risk Analysis

Earnings have declined by 36.5% per year over past 5 years

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months

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 Price	US$1.42
52 Week High	US$11.06
52 Week Low	US$1.09
Beta	3.46
1 Month Change	-62.83%
3 Month Change	-71.60%
1 Year Change	-84.40%
3 Year Change	-82.62%
5 Year Change	-91.01%
Change since IPO	-93.14%

Shareholder Returns

	PRTY	US Specialty Retail	US Market
7D	20.3%	-1.6%	0.7%
1Y	-84.4%	-25.7%	-10.8%

Return vs Industry: PRTY underperformed the US Specialty Retail industry which returned -24.8% over the past year.

Return vs Market: PRTY underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is PRTY's price volatile compared to industry and market?
PRTY volatility
PRTY Average Weekly Movement	22.7%
Specialty Retail Industry Average Movement	8.3%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: PRTY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: PRTY's weekly volatility has increased from 14% to 23% over the past year.

About the Company

Founded	Employees	CEO	Website
1947	11,450	Brad Weston	https://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 Cap	US$159.74m
Earnings (TTM)	-US$19.35m
Revenue (TTM)	US$2.18b

0.1x

P/S Ratio

-8.3x

P/E Ratio

Is PRTY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

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

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.17
Gross Margin	17.30%
Net Profit Margin	-0.89%
Debt/Equity Ratio	2,695.4%

How did PRTY perform over the long term?

See historical performance and comparison

Valuation

Is Party City Holdco undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

2.77x

Price to Book (PB) ratio

Share Price vs. Fair Value

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 Ratio

PE vs Industry: PRTY is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.

PE vs Market: PRTY is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: PRTY is overvalued based on its PB Ratio (2.8x) compared to the US Specialty Retail industry average (1.9x).

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 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% 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

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 (82.9%).

Return on Equity

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

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 (2638.8%) is considered high.

Reducing Debt: PRTY's debt to equity ratio has increased from 171.8% to 2695.4% 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

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
Future Dividend 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.

Next Steps

Explore strong dividend paying companies in the Retail industry.

Management

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

2.4yrs

Average management tenure

CEO

Brad Weston (56 yo)

2.83yrs

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 ($USD2.66M) is above average for companies of similar size in the US market ($USD1.69M).

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 (2.4 years average tenure).

Board Members

Experienced Board: PRTY's board of directors are not considered experienced ( 2.7 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31