PAR Technology Corporation, together with its subsidiaries, provides point-of-sale (POS) solutions to the restaurant and retail industries worldwide.
PAR Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$68.41|
|52 Week High||US$36.00|
|52 Week Low||US$90.35|
|1 Month Change||9.23%|
|3 Month Change||4.28%|
|1 Year Change||82.67%|
|3 Year Change||240.01%|
|5 Year Change||1,137.07%|
|Change since IPO||1,902.24%|
Recent News & Updates
PAR Technology's Misunderstood Capital Raising Creates An Opportunity
The direct offering and the convertible debt is priced reasonably and it does not dilute shareholders heavily; therefore, it does not warrant a heavy sell-down. Shareholders are much better off after this new capital raise because of lower interest rate and lesser dilution. PAR's risk/reward ratio remains favorably skewed to investors who are in it for the long haul.
PAR Tech: An Undervalued Software Platform For The Restaurant Industry
PAR's transformation from software as a service (SaaS) to unified commerce platform as a service (PaaS) is underway. It's helmed by a capable CEO with a proven track record who has a disciplined focus on high returns on capital activities such as merger and acquisition opportunities. PAR's profitable unit economics of the software business is still undiscovered by the general market. We believe there is an immediate 34% upside if Par Tech trades at P/S of 20x.
PAR Technology Corporation - Pro Et Contra
PAR's SaaS-based comprehensive tech solutions for the restaurant segment and its growing ARR profile give its operating model an edge. PAR does not appear to be a fundamentally sound stock with plenty of flaws. PAR does not have the financial profile to flourish in the Defense market and would be better served by divesting the unit. Valuations are not cheap and the price action on the charts is rather ambiguous.
|PAR||US Electronic||US Market|
Return vs Industry: PAR exceeded the US Electronic industry which returned 34.7% over the past year.
Return vs Market: PAR exceeded the US Market which returned 30% over the past year.
Stable Share Price: PAR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PAR's weekly volatility (8%) has been stable over the past year.
About the Company
PAR Technology Corporation, together with its subsidiaries, provides point-of-sale (POS) solutions to the restaurant and retail industries worldwide. The company operates in two segments, Restaurant/Retail and Government. The Restaurant/Retail segment offers POS technology solutions, including Brink POS, an open solution that integrates with third party products and in-house systems; PixelPoint, an on-premise integrated software solution that provides a self-service ordering, back-office management, and enterprise level loyalty and gift card information sharing services; PAR merchant card payment services; Data Central, a cloud software platform of back-office applications; and PAR EverServ POS platforms.
PAR Technology Fundamentals Summary
|PAR fundamental statistics|
Is PAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PAR income statement (TTM)|
|Cost of Revenue||US$192.28m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.30|
|Net Profit Margin||-14.74%|
How did PAR perform over the long term?See historical performance and comparison
Is PAR Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PAR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PAR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PAR is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: PAR 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 PAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PAR is overvalued based on its PB Ratio (4.2x) compared to the US Electronic industry average (2.6x).
How is PAR Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PAR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PAR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PAR's revenue (17.2% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: PAR's revenue (17.2% 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 PAR's Return on Equity is forecast to be high in 3 years time
How has PAR Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAR is currently unprofitable.
Growing Profit Margin: PAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PAR is unprofitable, and losses have increased over the past 5 years at a rate of 52.4% per year.
Accelerating Growth: Unable to compare PAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAR is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (44.3%).
Return on Equity
High ROE: PAR has a negative Return on Equity (-7.99%), as it is currently unprofitable.
How is PAR Technology's financial position?
Financial Position Analysis
Short Term Liabilities: PAR's short term assets ($177.0M) exceed its short term liabilities ($60.4M).
Long Term Liabilities: PAR's short term assets ($177.0M) do not cover its long term liabilities ($300.8M).
Debt to Equity History and Analysis
Debt Level: PAR's debt to equity ratio (64.1%) is considered high.
Reducing Debt: PAR's debt to equity ratio has increased from 3.9% to 64.1% over the past 5 years.
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: PAR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PAR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 46.4% each year
What is PAR Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PAR'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 PAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PAR'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 PAR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Savneet Singh (38 yo)
Mr. Savneet Singh serves as a General Partner at Crossbeam Venture Partners LLC. He is a Partner at CoVentur. He serves as Independent Director at SharpSpring, Inc. since August 17, 2020.He serves as an I...
CEO Compensation Analysis
Compensation vs Market: Savneet's total compensation ($USD8.22M) is above average for companies of similar size in the US market ($USD3.53M).
Compensation vs Earnings: Savneet's compensation has increased whilst the company is unprofitable.
Experienced Management: PAR's management team is considered experienced (3.8 years average tenure).
Experienced Board: PAR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.4%.
PAR Technology Corporation's employee growth, exchange listings and data sources
- Name: PAR Technology Corporation
- Ticker: PAR
- Exchange: NYSE
- Founded: 1968
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$1.838b
- Shares outstanding: 26.87m
- Website: https://www.partech.com
Number of Employees
- PAR Technology Corporation
- PAR Technology Park
- 8383 Seneca Turnpike
- New Hartford
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 23:36|
|End of Day Share Price||2021/10/19 00:00|
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.