PriceSmart Inc

Company Profile

PriceSmart Inc had its IPO on 1997-08-28 under the ticker symbol PSMT.

The company operates in the Consumer Defensive sector and Discount Stores industry. PriceSmart Inc has a staff strength of 10,600 employees.

Stock update

Shares of PriceSmart Inc opened at $75.56 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $75.56 - $77.04, and closed at $76.93.

This is a +1.6% increase from the previous day's closing price.

A total volume of 109,436 shares were traded at the close of the day’s session.

In the last one week, shares of PriceSmart Inc have slipped by -1.08%.

PriceSmart Inc's Key Ratios

PriceSmart Inc has a market cap of $2.35 billion, indicating a price to book ratio of 2.0537 and a price to sales ratio of 0.4762.

In the last 12-months PriceSmart Inc’s revenue was $4.32 billion with a gross profit of $681.15 million and an EBITDA of $270.39 million. The EBITDA ratio measures PriceSmart Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, PriceSmart Inc’s operating margin was 4.62% while its return on assets stood at 6.7% with a return of equity of 11.38%.

In Q1.6666666666667, PriceSmart Inc’s quarterly earnings growth was a positive 51.9% while revenue growth was a positive 6.4%.

PriceSmart Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

20.1383

PEG

1.94

Its diluted EPS in the last 12-months stands at $3.76 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.94. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PriceSmart Inc’s profitability.

PriceSmart Inc stock is trading at a EV to sales ratio of 0.5067 and a EV to EBITDA ratio of 8.8088. Its price to sales ratio in the trailing 12-months stood at 0.4762.

PriceSmart Inc stock pays annual dividends of $0.89 per share, indicating a yield of 1.24% and a payout ratio of 22.6%.

Balance sheet and cash flow metrics

Total Assets

$1.93 billion

Total Liabilities

$587.27 million

Operating Cash Flow

$-101736000.00

Capital Expenditure

$43.54 million

Dividend Payout Ratio

22.6%

PriceSmart Inc ended 2023 with $1.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.93 billion while shareholder equity stood at $1.09 billion.

PriceSmart Inc ended 2023 with $1.97 million in deferred long-term liabilities, $587.27 million in other current liabilities, 3000.00 in common stock, $802.00 million in retained earnings and $43.15 million in goodwill. Its cash balance stood at $222.67 million and cash and short-term investments were $335.30 million. The company’s total short-term debt was $37,100,000 while long-term debt stood at $124.63 million.

PriceSmart Inc’s total current assets stands at $847.19 million while long-term investments were $10.47 million and short-term investments were $112.63 million. Its net receivables were $15.03 million compared to accounts payable of $417.21 million and inventory worth $442.58 million.

In 2023, PriceSmart Inc's operating cash flow was $-101736000.00 while its capital expenditure stood at $43.54 million.

Comparatively, PriceSmart Inc paid $0.23 in dividends in 2023.

Other key metrics

Current Trading Price

$76.93

52-Week High

$82.63

52-Week Low

$55.6017

Analyst Target Price

$86

PriceSmart Inc stock is currently trading at $76.93 per share. It touched a 52-week high of $82.63 and a 52-week low of $82.63. Analysts tracking the stock have a 12-month average target price of $86.

Its 50-day moving average was $77.29 and 200-day moving average was $71.97 The short ratio stood at 4.8 indicating a short percent outstanding of 0%.

Around 1098.6% of the company’s stock are held by insiders while 14181.3% are held by institutions.