Market cap
$279 Mln
Revenue (TTM)
$121 Mln
P/E Ratio
--
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 7.35 | 5.20 | 9.39 | -3.12 | -4.39 |
| EBIT | 20.00 | -248.62 | 29.35 | -223.70 | 7.01 |
| Net Profit | 20.43 | -311.03 | 9.62 | 22.29 | 11.37 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -3.73 | -21.00 | -5.44 | -5.17 | -4.94 |
| Net Margin
| -5.93 | -10.91 | -6.74 | -- | -5.93 |
| Return on equity
| -11.16 | -20.75 | -10.65 | -9.10 | -7.83 |
| Return on Capital
| -7.88 | -11.55 | -- | -7.82 | -6.18 |
| Return on Assets
| -6.87 | -10.11 | -7.11 | -6.90 | -5.43 |
| Debt to Equity (x)
| -- | -- | 0.11 | 0.07 | 0.25 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
-7.82
|
-6.18
|
-9.64
|
-12.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-10.65
Lower than Peers by 24.43
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
-10.65
|
-9.10
|
-7.83
|
-16.54
|
-29.26
|
|
Peer Median
|
13.78
|
--
|
--
|
--
|
--
|
ROA
-7.11
Lower than Peers by 10.79
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
-7.11
|
-6.90
|
-5.43
|
-8.29
|
-10.55
|
|
Peer Median
|
3.68
|
--
|
--
|
--
|
--
|
EBIT Margin
-5.44
Lower than Peers by 16.26
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
-5.44
|
-5.17
|
-4.94
|
-1.06
|
-8.96
|
|
Peer Median
|
10.81
|
--
|
--
|
--
|
--
|
Net Margin
-6.74
Lower than Peers by 13.31
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
-6.74
|
-6.61
|
-5.93
|
-8.27
|
-8.97
|
|
Peer Median
|
6.56
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
9.39
Higher than Peers by 1.23
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
9.39
|
0.04
|
-0.12
|
-0.20
|
0.04
|
|
Peer Median
|
8.15
|
--
|
--
|
--
|
--
|
EBIT Growth
29.35
Higher than Peers by 17.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
29.35
|
-9.02
|
-310.18
|
90.58
|
89.05
|
|
Peer Median
|
11.55
|
--
|
--
|
--
|
--
|
Net Profit Growth
9.62
Lower than Peers by 3.54
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
9.62
|
-15.02
|
36.46
|
26.46
|
47.84
|
|
Peer Median
|
13.17
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.11
Lower than Peers by 0.43
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
0.11
|
0.07
|
0.25
|
0.28
|
1.57
|
|
Peer Median
|
0.53
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
0.01
|
0.01
|
0.04
|
0.05
|
1.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.67
Higher than Peers by 1.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
2.67
|
3.21
|
4.05
|
3.12
|
0.71
|
|
Peer Median
|
1.53
|
--
|
--
|
--
|
--
|
Quick Ratio
2.67
Higher than Peers by 1.21
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
2.67
|
3.21
|
4.04
|
3.00
|
0.68
|
|
Peer Median
|
1.46
|
--
|
--
|
--
|
--
|
Interest Coverage
-4.10
Lower than Peers by 9.01
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
-4.10
|
-2.98
|
-5.36
|
-0.12
|
-1.93
|
|
Peer Median
|
4.91
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.86
Higher than Peers by 3.91
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
22.86
|
25.32
|
27.82
|
25.79
|
17.75
|
|
Peer Median
|
18.95
|
--
|
--
|
--
|
--
|
Asset Turnover
1.05
Higher than Peers by 0.37
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
1.05
|
1.04
|
0.91
|
1.00
|
1.18
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
95.01
|
104.47
|
87.74
|
66.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
0.12
|
3.59
|
6.47
|
7.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
3.03
|
3.75
|
2.22
|
5.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
92.10
|
104.31
|
91.99
|
67.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Book Value
2.45
Lower than Peers by 0.34
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
2.45
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.79
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
325.84
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
325.84
|
-2.06
|
-6.29
|
1.04
|
-7.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
279
Lower than Peers by 27
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Performant Financial (PFMT)
|
279
|
--
|
--
|
--
|
--
|
|
Peer Median
|
306
|
--
|
--
|
--
|
--
|