NYSE:PRTY

Stock Analysis Report

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Executive Summary

Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Party City Holdco's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRTY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: PRTY's weekly volatility has decreased from 27% to 16% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

9.9%

PRTY

0.03%

US Specialty Retail

2.3%

US Market


1 Year Return

146.2%

PRTY

35.8%

US Specialty Retail

23.8%

US Market

Return vs Industry: PRTY exceeded the US Specialty Retail industry which returned 35.7% over the past year.

Return vs Market: PRTY exceeded the US Market which returned 23.7% over the past year.


Shareholder returns

PRTYIndustryMarket
7 Day9.9%0.03%2.3%
30 Day20.5%6.3%4.8%
90 Day250.2%15.2%14.5%
1 Year146.2%146.2%37.1%35.8%26.6%23.8%
3 Year-52.6%-52.6%72.6%65.4%45.0%35.4%
5 Year-22.5%-22.5%112.2%96.4%126.2%101.0%

Long-Term Price Volatility Vs. Market

How volatile is Party City Holdco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

6.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PRTY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PRTY's fair value to establish if it is undervalued.


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 (6x) compared to the US Specialty Retail industry average (3x).


Next Steps

Future Growth

How is Party City Holdco forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

144.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRTY is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PRTY is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PRTY is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PRTY's revenue (4.3% per year) is forecast to grow slower than the US market (10.6% per year).

High Growth Revenue: PRTY's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRTY's Return on Equity is forecast to be low in 3 years time (15.5%).


Next Steps

Past Performance

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

-63.8%

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 63.8% 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 (15.3%).


Return on Equity

High ROE: PRTY has a negative Return on Equity (-514.85%), as it is currently unprofitable.


Next Steps

Financial Health

How is Party City Holdco's financial position?


Financial Position Analysis

Short Term Liabilities: PRTY's short term assets ($1.1B) exceed its short term liabilities ($895.3M).

Long Term Liabilities: PRTY's short term assets ($1.1B) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: PRTY's debt to equity ratio (1203.1%) is considered high.

Reducing Debt: PRTY's debt to equity ratio has increased from 245.3% to 1203.1% 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: Whilst unprofitable PRTY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PRTY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.7% per year.


Next Steps

Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRTY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Brad Weston (55 yo)

0.75

Tenure

US$1,163,184

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 ($USD1.16M) is below average for companies of similar size in the US market ($USD2.40M).

Compensation vs Earnings: Insufficient data to compare Brad's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Bradley Weston
President0.75yrUS$1.16mno data
Michael Harrison
Senior VP & GM of North American Consumer Products Group4yrsUS$575.39k0.023%
$ 186.4k
Todd Vogensen
Executive VP0.92yrno datano data
Denise Kulikowsky
Executive VP & Chief Human Resources Officer2.17yrsno data0.014%
$ 117.7k
Sean Thompson
Chief Commercial Officer1.17yrsno data0.032%
$ 265.5k
Joseph Zepf
Secretaryno datano datano data
Ian Heller
VP & Deputy General Counselno datano datano data

1.2yrs

Average Tenure

51yo

Average Age

Experienced Management: PRTY's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bradley Weston
President0.75yrUS$1.16mno data
John Frascotti
Independent Director1.33yrsUS$114.30k0%
$ 0
Norman Matthews
Independent Chairman of the Board2.58yrsUS$352.50k0.87%
$ 7.2m
William Creekmuir
Independent Director4.83yrsUS$232.50k0.11%
$ 919.4k
Steven Collins
Independent Director8.5yrsUS$230.00k0.0090%
$ 74.6k
James Harrison
Vice Chairman0.75yrUS$2.38m0.48%
$ 4.0m
Lisa Klinger
Independent Director5.58yrsUS$212.50k0.0074%
$ 60.9k
James Conroy
Independent Director1.33yrsUS$114.30k0.015%
$ 124.5k
Sarah Dodds-Brown
Independent Director0.25yrno datano data
Jennifer Fleiss
Independent Director0.33yrno data0.0065%
$ 53.8k
Joel Alsfine
Independent Director0.33yrno data0.0076%
$ 62.7k
Michelle Millstone-Shroff
Independent Director1.92yrsUS$249.87k0.0034%
$ 28.4k

1.3yrs

Average Tenure

53yo

Average Age

Experienced Board: PRTY's board of directors are not considered experienced ( 1.3 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: PRTY insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.1%.


Top Shareholders

Company Information

Party City Holdco Inc.'s company bio, 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
  • Market Cap: US$825.420m
  • Shares outstanding: 110.65m
  • Website: https://www.partycity.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRTYNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2015
5PYDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2015

Biography

Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. The company operates in two segments, Retail and W...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 23:06
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.