Patriot Transportation Holding, Inc., through its subsidiary, Florida Rock & Tank Lines, Inc., engages in the transportation business.
+ 1 more risk
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has Patriot Transportation Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PATI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PATI underperformed the US Transportation industry which returned 11.7% over the past year.
Return vs Market: PATI underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Patriot Transportation Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Is Patriot Transportation Holding's (NASDAQ:PATI) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StIs Patriot Transportation Holding, Inc.'s (NASDAQ:PATI) CEO Paid At A Competitive Rate?
Is Patriot Transportation Holding undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PATI ($12.32) is trading above our estimate of fair value ($9.45)
Significantly Below Fair Value: PATI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PATI is poor value based on its PE Ratio (99.4x) compared to the Transportation industry average (21.7x).
PE vs Market: PATI is poor value based on its PE Ratio (99.4x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PATI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PATI is good value based on its PB Ratio (0.9x) compared to the US Transportation industry average (2.4x).
How is Patriot Transportation Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Patriot Transportation Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Patriot Transportation Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Transportation industry.
How has Patriot Transportation Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PATI has a large one-off gain of $856.0K impacting its December 31 2019 financial results.
Growing Profit Margin: PATI's current net profit margins (0.4%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: PATI's earnings have declined by -9.4% per year over the past 5 years.
Accelerating Growth: PATI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PATI had negative earnings growth (-82.8%) over the past year, making it difficult to compare to the Transportation industry average (-14.1%).
Return on Equity
High ROE: PATI's Return on Equity (0.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Patriot Transportation Holding's financial position?
Financial Position Analysis
Short Term Liabilities: PATI's short term assets ($31.9M) exceed its short term liabilities ($19.7M).
Long Term Liabilities: PATI's short term assets ($31.9M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: PATI is debt free.
Reducing Debt: PATI has no debt compared to 5 years ago when its debt to equity ratio was 20.5%.
Debt Coverage: PATI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PATI has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: PATI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PATI's debt is covered by short term assets.
What is Patriot Transportation Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PATI's dividend (4.87%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: PATI's dividend (4.87%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PATI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PATI's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (121%), PATI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Sandlin (58yo)
Mr. Robert E. Sandlin, also known as Rob, has been the Chief Executive Officer and President of Patriot Transportation Holding, Inc. since March 13, 2017. Mr. Sandlin has been the Chief Executive Officer a ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD558.00K) is about average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|President & CEO||2.9yrs||US$558.00k||0.30% $124.4k|
|Executive VP||2.3yrs||US$296.07k||0.0094% $3.9k|
|Chief Accounting Officer||16.9yrs||US$271.38k||0.11% $45.6k|
|Chief Information Officer & VP||3.4yrs||no data||no data|
|Vice President of Human Resources||0yrs||no data||no data|
|Vice President of Safety & Risk Management||7yrs||US$170.68k||0.037% $15.4k|
Experienced Management: PATI's management team is considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PATI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Patriot Transportation Holding, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Patriot Transportation Holding, Inc.
- Ticker: PATI
- Exchange: NasdaqGS
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$41.288m
- Shares outstanding: 3.35m
- Website: https://www.patriottrans.com
Number of Employees
- Patriot Transportation Holding, Inc.
- 200 West Forsyth Street
- 7th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PATI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 2015|
Patriot Transportation Holding, Inc., through its subsidiary, Florida Rock & Tank Lines, Inc., engages in the transportation business. The company is involved in hauling petroleum related products, including gas and diesel fuel; and dry bulk commodities, such as cement, lime, and various industrial powder products, and liquid chemicals. It serves convenience stores and hypermarket accounts, fuel wholesalers, and oil companies, as well as industrial companies comprising cement and concrete accounts, and product distribution companies. As of September 30, 2019, the company operated a fleet of 376 tractors and 491 tank trailers, and 19 terminals and 6 satellite locations. Patriot Transportation Holding, Inc. is headquartered in Jacksonville, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:09|
|End of Day Share Price||2020/02/14 00:00|