Party City Holdco
Market Cap
US$825.4m
Last Updated
2021/01/23 23:06 UTC
Data Sources
Company Financials +
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
| PRTY | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.9% | 0.03% | 2.3% |
| 30 Day | 20.5% | 6.3% | 4.8% |
| 90 Day | 250.2% | 15.2% | 14.5% |
| 1 Year | 146.2%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
1 week ago | Simply Wall St
Is Party City Holdco (NYSE:PRTY) Weighed On By Its Debt Load?1 month ago | Simply Wall St
Is Party City Holdco's (NYSE:PRTY) Share Price Gain Of 184% Well Earned?2 months ago | Simply Wall St
Vice Chairman James Harrison Just Sold A Bunch Of Shares In Party City Holdco Inc. (NYSE:PRTY)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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.75yr | US$1.16m | no data | |
| Senior VP & GM of North American Consumer Products Group | 4yrs | US$575.39k | 0.023% $ 186.4k | |
| Executive VP | 0.92yr | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.17yrs | no data | 0.014% $ 117.7k | |
| Chief Commercial Officer | 1.17yrs | no data | 0.032% $ 265.5k | |
| Secretary | no data | no data | no data | |
| VP & Deputy General Counsel | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.75yr | US$1.16m | no data | |
| Independent Director | 1.33yrs | US$114.30k | 0% $ 0 | |
| Independent Chairman of the Board | 2.58yrs | US$352.50k | 0.87% $ 7.2m | |
| Independent Director | 4.83yrs | US$232.50k | 0.11% $ 919.4k | |
| Independent Director | 8.5yrs | US$230.00k | 0.0090% $ 74.6k | |
| Vice Chairman | 0.75yr | US$2.38m | 0.48% $ 4.0m | |
| Independent Director | 5.58yrs | US$212.50k | 0.0074% $ 60.9k | |
| Independent Director | 1.33yrs | US$114.30k | 0.015% $ 124.5k | |
| Independent Director | 0.25yr | no data | no data | |
| Independent Director | 0.33yr | no data | 0.0065% $ 53.8k | |
| Independent Director | 0.33yr | no data | 0.0076% $ 62.7k | |
| Independent Director | 1.92yrs | US$249.87k | 0.0034% $ 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PRTY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 2015 |
| 5PY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:06 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.