Loading...

Party City Holdco

NYSE:PRTY
Snowflake Description

Very undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRTY
NYSE
$711M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Party City Holdco Inc., through its subsidiaries, designs, manufactures, sources, and distributes party supplies in the United States and internationally. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
PRTY Share Price and Events
7 Day Returns
-1.8%
NYSE:PRTY
2.2%
US Specialty Retail
0.5%
US Market
1 Year Returns
-51.3%
NYSE:PRTY
1.3%
US Specialty Retail
0.8%
US Market
PRTY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Party City Holdco (PRTY) -1.8% -5.6% -10.8% -51.3% -42.3% -
US Specialty Retail 2.2% -2% 1.6% 1.3% 28.7% 42.9%
US Market 0.5% -0.1% 1% 0.8% 37.5% 37.5%
1 Year Return vs Industry and Market
  • PRTY underperformed the Specialty Retail industry which returned 1.3% over the past year.
  • PRTY underperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
PRTY
Industry
5yr Volatility vs Market

PRTY Value

 Is Party City Holdco undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Party City Holdco to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Party City Holdco.

NYSE:PRTY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:PRTY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.865 (1 + (1- 21%) (405.63%))
2.767
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NYSE:PRTY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Party City Holdco is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:PRTY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2019 393.00 Analyst x1 342.78
2020 441.00 Analyst x1 335.50
2021 480.07 Est @ 8.86% 318.55
2022 513.78 Est @ 7.02% 297.36
2023 543.24 Est @ 5.73% 274.23
2024 569.49 Est @ 4.83% 250.75
2025 593.42 Est @ 4.2% 227.90
2026 615.73 Est @ 3.76% 206.25
2027 636.98 Est @ 3.45% 186.11
2028 657.59 Est @ 3.23% 167.58
Present value of next 10 years cash flows $2,607.01
NYSE:PRTY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $657.59 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$5,667.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,667.26 ÷ (1 + 14.65%)10
$1,444.22
NYSE:PRTY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,607.01 + $1,444.22
$4,051.22
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,051.22 / 93.79
$43.19
NYSE:PRTY Discount to Share Price
Calculation Result
Value per share (USD) From above. $43.19
Current discount Discount to share price of $7.58
= -1 x ($7.58 - $43.19) / $43.19
82.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Party City Holdco is available for.
Intrinsic value
>50%
Share price is $7.58 vs Future cash flow value of $43.19
Current Discount Checks
For Party City Holdco to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Party City Holdco's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Party City Holdco's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Party City Holdco's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Party City Holdco's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:PRTY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.99
NYSE:PRTY Share Price ** NYSE (2019-06-14) in USD $7.58
United States of America Specialty Retail Industry PE Ratio Median Figure of 63 Publicly-Listed Specialty Retail Companies 14.41x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Party City Holdco.

NYSE:PRTY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:PRTY Share Price ÷ EPS (both in USD)

= 7.58 ÷ 0.99

7.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Party City Holdco is good value based on earnings compared to the US Specialty Retail industry average.
  • Party City Holdco is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Party City Holdco's expected growth come at a high price?
Raw Data
NYSE:PRTY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
22.1%per year
United States of America Specialty Retail Industry PEG Ratio Median Figure of 55 Publicly-Listed Specialty Retail Companies 1.64x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NYSE:PRTY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.67x ÷ 22.1%

0.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Party City Holdco is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Party City Holdco's assets?
Raw Data
NYSE:PRTY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $10.86
NYSE:PRTY Share Price * NYSE (2019-06-14) in USD $7.58
United States of America Specialty Retail Industry PB Ratio Median Figure of 101 Publicly-Listed Specialty Retail Companies 1.34x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NYSE:PRTY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:PRTY Share Price ÷ Book Value per Share (both in USD)

= 7.58 ÷ 10.86

0.7x

* Primary Listing of Party City Holdco.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Party City Holdco is good value based on assets compared to the US Specialty Retail industry average.
X
Value checks
We assess Party City Holdco's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Party City Holdco has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PRTY Future Performance

 How is Party City Holdco expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Party City Holdco expected to grow at an attractive rate?
  • Party City Holdco's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Party City Holdco's earnings growth is expected to exceed the United States of America market average.
  • Party City Holdco's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:PRTY Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:PRTY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 22.1%
NYSE:PRTY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 2.5%
United States of America Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.1%
United States of America Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:PRTY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:PRTY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,627 179 3
2020-12-31 2,539 402 162 9
2019-12-31 2,490 397 129 9
NYSE:PRTY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,433 26 94
2018-12-31 2,428 102 123
2018-09-30 2,411 176 210
2018-06-30 2,419 193 222
2018-03-31 2,402 262 219
2017-12-31 2,372 268 215
2017-09-30 2,331 241 116
2017-06-30 2,328 248 116
2017-03-31 2,303 251 113
2016-12-31 2,283 258 117
2016-09-30 2,316 268 119
2016-06-30 2,314 203 64

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Party City Holdco's earnings are expected to grow significantly at over 20% yearly.
  • Party City Holdco's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:PRTY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Party City Holdco Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PRTY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.92 1.92 1.92 1.00
2020-12-31 1.77 2.03 1.66 4.00
2019-12-31 1.37 1.70 1.13 4.00
NYSE:PRTY Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.99
2018-12-31 1.28
2018-09-30 2.07
2018-06-30 2.08
2018-03-31 1.94
2017-12-31 1.82
2017-09-30 0.97
2017-06-30 0.97
2017-03-31 0.95
2016-12-31 0.98
2016-09-30 1.00
2016-06-30 0.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Party City Holdco is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Party City Holdco's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Party City Holdco has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PRTY Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Party City Holdco's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Party City Holdco has delivered over 20% year on year earnings growth in the past 5 years.
  • Party City Holdco's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Party City Holdco's 1-year earnings growth is negative, it can't be compared to the US Specialty Retail industry average.
Earnings and Revenue History
Party City Holdco's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Party City Holdco Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PRTY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,432.81 94.17 327.97
2018-12-31 2,427.52 123.26 330.90
2018-09-30 2,411.46 209.89 336.31
2018-06-30 2,418.53 222.40 331.17
2018-03-31 2,402.39 218.89 329.22
2017-12-31 2,371.57 215.34 323.30
2017-09-30 2,331.27 115.56 314.52
2017-06-30 2,328.12 115.66 312.74
2017-03-31 2,302.65 113.19 303.57
2016-12-31 2,283.39 117.48 298.65
2016-09-30 2,315.60 118.82 301.53
2016-06-30 2,314.06 64.16 298.63
2016-03-31 2,290.17 18.59 297.58
2015-12-31 2,294.53 10.46 298.49
2015-09-30 2,317.07 2.93 303.12
2015-06-30 2,304.32 42.00 307.02
2015-03-31 2,300.38 67.51 306.84
2014-12-31 2,271.26 56.12 305.83
2014-09-30 2,177.16 32.88 305.30
2014-03-31 2,076.55 11.32 306.95
2013-12-31 2,045.11 4.02 301.64
2013-09-30 1,981.50 -26.76 277.70
2012-12-31 1,913.83 -45.31 300.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Party City Holdco has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Party City Holdco used its assets less efficiently than the US Specialty Retail industry average last year based on Return on Assets.
  • Party City Holdco's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Party City Holdco's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Party City Holdco has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PRTY Health

 How is Party City Holdco's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Party City Holdco's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Party City Holdco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Party City Holdco's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Party City Holdco's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Party City Holdco Company Filings, last reported 2 months ago.

NYSE:PRTY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,019.16 2,883.74 39.00
2018-12-31 1,043.62 1,941.38 58.91
2018-09-30 995.02 2,054.92 48.10
2018-06-30 994.67 1,924.05 51.46
2018-03-31 973.79 1,896.34 54.83
2017-12-31 968.79 1,835.03 54.29
2017-09-30 1,067.55 1,791.55 58.14
2017-06-30 1,050.85 1,736.60 69.02
2017-03-31 1,017.78 1,749.04 40.37
2016-12-31 1,016.79 1,673.09 64.61
2016-09-30 939.89 1,860.93 47.62
2016-06-30 931.55 1,794.61 42.02
2016-03-31 915.88 1,839.33 33.16
2015-12-31 913.02 1,786.81 42.92
2015-09-30 828.59 2,042.29 53.81
2015-06-30 883.48 1,870.82 42.81
2015-03-31 460.88 2,271.54 35.84
2014-12-31 487.23 2,120.80 47.21
2014-09-30 417.31 2,358.63 29.10
2014-03-31 436.19 2,287.32 18.23
2013-12-31 456.76 2,184.49 25.65
2013-09-30 406.29 2,365.77 12.90
2012-12-31 787.45 1,851.52 20.90
  • Party City Holdco's level of debt (199.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (524.6% vs 199.5% today).
  • Debt is not well covered by operating cash flow (1.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Party City Holdco's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Party City Holdco has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PRTY Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Party City Holdco dividends. Estimated to be 0% next year.
If you bought $2,000 of Party City Holdco shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Party City Holdco's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Party City Holdco's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:PRTY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:PRTY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 2.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Party City Holdco has not reported any payouts.
  • Unable to verify if Party City Holdco's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Party City Holdco's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Party City Holdco has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Party City Holdco's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Party City Holdco's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Party City Holdco afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Party City Holdco has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PRTY Management

 What is the CEO of Party City Holdco's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Harrison
COMPENSATION $2,544,578
AGE 66
TENURE AS CEO 5.4 years
CEO Bio

Mr. James M. Harrison has been the Chief Executive Officer of Party City Holdco Inc. since January 13, 2014. Mr. Harrison has been the Chief Operating Officer and President of Amscan Holdings Inc. since March 2002 and since December 1997 respectively. He has been the President and Chief Operating Officer of Amscan Inc. since March 2002. He has extensive experience in the decorated party goods industry and 14-year tenure. He served as the Chief Operating Officer of Party City Holdings Inc. from March 2002 to July 2012 and as its President since December 1997. From February 1997 to March 2002, he served as the Chief Financial Officer and Treasurer of Amscan Holdings Inc. and Party City Holdings Inc. From February 1997 to December 1997, Mr. Harrison served as Secretary of Amscan Holdings Inc. and Party City Holdings Inc. From February 1997 to December 1997, he served as the Secretary at Amscan Inc. Prior to that, Mr. Harrison served as the Chief Financial Officer of Amscan Inc., from August 1996 to December 1997 and for its predecessor from August 1996 to February 1997. He serves as a Director of iParty Corp. and Factory Card & Party Outlet Corp. He serves as a Director of Amscan Inc. Mr. Harrison serves as a Director of Amscan Holdings Inc., Amscan, Inc. He has been a Director of Party City Holdco Inc. since July 2012.

CEO Compensation
  • James's compensation has been consistent with company performance over the past year, both up more than 20%.
  • James's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Party City Holdco management team in years:

2.5
Average Tenure
60
Average Age
  • The tenure for the Party City Holdco management team is about average.
Management Team

James Harrison

TITLE
CEO & Director
COMPENSATION
$3M
AGE
66
TENURE
5.4 yrs

Mike Correale

TITLE
Interim CFO & Chief Accounting Officer
COMPENSATION
$522K
AGE
60
TENURE
0.3 yrs

Ryan Vero

TITLE
President of Retail
COMPENSATION
$1M
AGE
48
TENURE
2.7 yrs

Michael Harrison

TITLE
Senior VP & GM of North American Consumer Products Group
COMPENSATION
$458K
AGE
38
TENURE
2.4 yrs

Gerry Rittenberg

TITLE
Non-Employee Senior Adviser & Director
COMPENSATION
$3M
AGE
66

Joseph Zepf

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Party City Holdco board of directors in years:

4
Average Tenure
56.5
Average Age
  • The tenure for the Party City Holdco board of directors is about average.
Board of Directors

Norm Matthews

TITLE
Chairman of the Board
COMPENSATION
$300K
AGE
85
TENURE
1 yrs

James Harrison

TITLE
CEO & Director
COMPENSATION
$3M
AGE
66
TENURE
6.9 yrs

Todd Abbrecht

TITLE
Director
AGE
49
TENURE
6.9 yrs

Steven Collins

TITLE
Director
COMPENSATION
$227K
AGE
49
TENURE
6.9 yrs

Bill Creekmuir

TITLE
Director
COMPENSATION
$233K
AGE
62
TENURE
3.3 yrs

Gerry Rittenberg

TITLE
Non-Employee Senior Adviser & Director
COMPENSATION
$3M
AGE
66
TENURE
6.9 yrs

Morry Weiss

TITLE
Director
COMPENSATION
$213K
AGE
77
TENURE
4 yrs

Lisa Klinger

TITLE
Director
COMPENSATION
$213K
AGE
51
TENURE
4 yrs

Douglas Haber

TITLE
Director
AGE
35
TENURE
1.2 yrs

Meka Millstone-Shroff

TITLE
Director
AGE
43
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Dec 18 Buy James Harrison Individual 14. Dec 18 14. Dec 18 51,458 $9.60 $493,997
19. Nov 18 Buy William Creekmuir Individual 16. Nov 18 16. Nov 18 5,700 $11.45 $65,265
14. Nov 18 Buy Steven Collins Individual 13. Nov 18 13. Nov 18 10,000 $11.00 $110,000
13. Nov 18 Buy Norman Matthews Individual 12. Nov 18 12. Nov 18 46,000 $10.75 $494,500
13. Nov 18 Buy Michael Harrison Individual 12. Nov 18 12. Nov 18 4,900 $10.37 $50,813
13. Nov 18 Buy James Harrison Individual 12. Nov 18 12. Nov 18 50,000 $10.09 $504,500
16. Aug 18 Sell Putnam LLC Company 14. Aug 18 14. Aug 18 -22,137 $15.50 $-343,124
16. Aug 18 Sell Thomas H. Lee Partners, L.P. Company 14. Aug 18 14. Aug 18 -9,977,863 $15.50 $-154,656,877
10. Jul 18 Sell Gerald Rittenberg Individual 09. Jul 18 09. Jul 18 -196,457 $16.04 $-3,143,743
X
Management checks
We assess Party City Holdco's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Party City Holdco has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PRTY News

Simply Wall St News

How Does Party City Holdco Inc. (NYSE:PRTY) Affect Your Portfolio Volatility?

(NYSE:PRTY), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Read This Before Buying Party City Holdco Inc. (NYSE:PRTY) Shares

So we'll take a look at whether insiders have been buying or selling shares in Party City Holdco Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price.

Simply Wall St -

Read This Before You Buy Party City Holdco Inc. (NYSE:PRTY) Because Of Its P/E Ratio

To keep it practical, we'll show how Party City Holdco Inc.'s (NYSE:PRTY) P/E ratio could help you assess the value on offer. … Party City Holdco has a P/E ratio of 6.66, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Why Party City Holdco Inc.’s (NYSE:PRTY) Return On Capital Employed Looks Uninspiring

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Party City Holdco Inc. (NYSE:PRTY): What Are The Future Prospects?

Party City Holdco Inc.'s (NYSE:PRTY) released its most recent earnings update in December 2018, whicha

Simply Wall St -

Introducing Party City Holdco, A Stock That Climbed 22% In The Last Three Years

(NYSE:PRTY) share price return of 22% over three years lags the market return in the same period. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Party City Holdco was able to grow its EPS at 51% per year over three years, sending the share price higher.

Simply Wall St -

Does Party City Holdco Inc.'s (NYSE:PRTY) CEO Salary Reflect Performance?

James Harrison became the CEO of Party City Holdco Inc. … View our latest analysis for Party City Holdco … How Does James Harrison's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Party City Holdco Inc. (NYSE:PRTY) Is Trading At A 26.53% Discount

by taking the expected future cash flows and discounting them to today's value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Have Insiders Been Selling Party City Holdco Inc. (NYSE:PRTY) Shares?

So before you buy or sell Party City Holdco Inc. … The Last 12 Months Of Insider Transactions At Party City Holdco. … Non-Employee Senior Adviser & Director Gerald Rittenberg made the biggest insider sale in the last 12 months.

Simply Wall St -

Does Party City Holdco Inc. (NYSE:PRTY) Have A Good P/E Ratio?

We'll show how you can use Party City Holdco Inc.'s (NYSE:PRTY) P/E ratio to inform your assessment of the investment opportunity. … Party City Holdco has a price to earnings ratio of 4.44, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

PRTY Company Info

Description

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 Wholesale. It offers paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery. As of February 28, 2019, the company offered its products through its 950 specialty retail party supply stores, including franchise stores in North America under the Party City, Halloween City, and Toy City names; and e-commerce Websites, principally through the domain name PartyCity.com. Party City Holdco Inc. offers its products through company-owned stores, independent party supply stores, mass merchants, grocery retailers, and dollar stores. It was founded in 1947 and is based in Elmsford, New York.

Details
Name: Party City Holdco Inc.
PRTY
Exchange: NYSE
Founded: 1947
$710,928,131
93,789,991
Website: http://www.partycity.com
Address: Party City Holdco Inc.
80 Grasslands Road,
Elmsford,
New York, 10523,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE PRTY Common Stock New York Stock Exchange US USD 16. Apr 2015
DB 5PY Common Stock Deutsche Boerse AG DE EUR 16. Apr 2015
Number of employees
Current staff
Staff numbers
15,100
Party City Holdco employees.
Industry
Specialty Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 00:43
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/03
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.