PFIN · P&f Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $59.04M | $53.55M | $49.14M | $58.67M | $58.97M | $58.97M |
| Cost of Revenue | $40.10M | $36.21M | $34.94M | $37.72M | $41.81M | $37.89M |
| Gross Profit | $18.94M | $17.35M | $14.19M | $20.96M | $23.19M | $21.08M |
| R&D | $477.0K | - | - | - | - | - |
| SG&A | $20.37M | $19.86M | $19.37M | $21.87M | $21.70M | $21.03M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $1.84M | $1.79M | $1.79M | $1.57M | $1.38M | $1.31M |
| Operating Income | ($1.48M) | ($2.60M) | ($6.79M) | ($911.0K) | $1.48M | $50.0K |
| Interest Expense | - | - | $140.0K | $198.0K | $223.0K | $168.0K |
| Income Tax | ($376.0K) | ($2.0K) | ($1.90M) | $1.80M | $253.0K | $635.0K |
| Net Income | ($1.48M) | $2.29M | ($4.95M) | $4.91M | $856.0K | ($884.0K) |
| EPS - Basic | ($0.46) | $0.72 | ($1.57) | $1.53 | ($0.25) | - |
| EPS - Diluted | ($0.46) | $0.72 | ($1.57) | $1.51 | ($0.25) | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $667.0K | $539.0K | $904.0K | $380.0K | $999.0K | $1.24M |
| Accounts Receivable | $7.47M | $7.55M | $7.47M | $9.31M | $9.57M | $10.05M |
| Inventory | $24.49M | $24.02M | $18.36M | $22.88M | $20.50M | $19.66M |
| Accounts Payable | $3.09M | $2.92M | $2.20M | $1.84M | $2.75M | $2.44M |
| Current Assets | $35.28M | $36.68M | $29.54M | $34.07M | $32.21M | $32.17M |
| Total Assets | $61.00M | $58.19M | $53.37M | $61.74M | $55.59M | $55.04M |
| Current Liabilities | $14.44M | $12.08M | $8.28M | $11.96M | $9.88M | $7.89M |
| Long-term Debt | - | $0 | $946.0K | - | $0 | $94.0K |
| Total Liabilities | $19.05M | $14.35M | $11.83M | $15.24M | $10.05M | $9.03M |
| Stockholders' Equity | $41.96M | $43.84M | $41.54M | $46.51M | $45.53M | $46.01M |
| Retained Earnings | $34.25M | $36.05M | $33.76M | $38.87M | $34.59M | $34.45M |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.29M | ($4.15M) | $3.05M | ($2.51M) | $2.97M | $4.63M |
| Investing Cash Flow | ($4.63M) | ($584.0K) | ($1.10M) | $3.72M | ($1.85M) | ($7.94M) |
| Financing Cash Flow | $1.49M | $4.39M | ($1.43M) | ($1.81M) | ($1.31M) | $812.0K |
| CapEx | $2.37M | $642.0K | $1.10M | $1.52M | $1.88M | $910.0K |
| Free Cash Flow | $914.0K | ($4.79M) | $1.94M | ($4.04M) | $1.09M | $3.72M |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 32.1% | 32.4% | 28.9% | 35.7% | 39.3% | 35.8% |
| Operating margin | -2.5% | -4.8% | -13.8% | -1.6% | 2.5% | 0.1% |
| EBITDA margin | 0.6% | -1.5% | -10.2% | 1.1% | 4.9% | 2.3% |
| Net margin | -2.5% | 4.3% | -10.1% | 8.4% | 1.5% | -1.5% |
| Free cash flow margin | 1.5% | -8.9% | 4.0% | -6.9% | 1.8% | 6.3% |
| FCF / Net income | -0.62 | -2.09 | -0.39 | -0.82 | 1.27 | -4.21 |
| R&D / Revenue | 0.8% | - | - | - | - | - |
| SG&A / Revenue | 34.5% | 37.1% | 39.4% | 37.3% | 36.8% | 35.7% |
| Effective tax rate | - | -0.1% | - | 26.8% | 22.8% | - |
| Return on assets | -2.4% | 3.9% | -9.3% | 8.0% | 1.5% | -1.6% |
| Return on equity | -3.5% | 5.2% | -11.9% | 10.6% | 1.9% | -1.9% |
| Return on invested capital | - | -5.9% | -12.6% | - | 2.5% | 0.1% |
| Liquidity | ||||||
| Current ratio | 2.44 | 3.04 | 3.57 | 2.85 | 3.26 | 4.08 |
| Quick ratio | 0.75 | 1.05 | 1.35 | 0.94 | 1.18 | 1.59 |
| Cash ratio | 0.05 | 0.04 | 0.11 | 0.03 | 0.10 | 0.16 |
| Leverage | ||||||
| Debt / Equity | - | 0.00 | 0.02 | - | 0.00 | 0.00 |
| Debt / Assets | - | 0.00 | 0.02 | - | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | 0.00 | 0.07 |
| Interest coverage | - | - | -48.5x | -4.6x | 6.6x | 0.3x |
| Equity multiplier | 1.45 | 1.33 | 1.28 | 1.33 | 1.22 | 1.20 |
| Liabilities / Assets | 0.31 | 0.25 | 0.22 | 0.25 | 0.18 | 0.16 |
| Efficiency | ||||||
| Asset turnover | 0.97 | 0.92 | 0.92 | 0.95 | 1.06 | 1.07 |
| Inventory turnover | 1.64 | 1.51 | 1.90 | 1.65 | 2.04 | 1.93 |
| Days sales outstanding | 46d | 51d | 55d | 58d | 59d | 62d |
| Days inventory outstanding | 223d | 242d | 192d | 221d | 179d | 189d |
| Days payable outstanding | 28d | 29d | 23d | 18d | 24d | 24d |
| Cash conversion cycle | 241d | 264d | 224d | 262d | 214d | 228d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 10.2% | 9.0% | -16.3% | -0.5% | 0.0% | 3.0% |
| Revenue CAGR (3y) | 0.2% | -3.2% | -5.9% | 0.8% | -10.3% | -8.1% |
| Revenue CAGR (5y) | 0.0% | -1.3% | -9.7% | -5.1% | -5.0% | -0.3% |
| Gross profit growth (YoY) | 9.2% | 22.2% | -32.3% | -9.6% | 10.0% | 11.4% |
| Operating income growth (YoY) | 42.9% | 61.7% | -644.9% | - | 2864.0% | - |
| Net income growth (YoY) | - | - | - | 473.7% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | -7.7% | - | - |
| EPS CAGR (5y) | - | -17.8% | - | 22.8% | - | - |
| FCF growth (YoY) | - | - | - | - | -70.8% | - |
| FCF CAGR (5y) | -24.5% | - | -17.7% | - | -15.7% | 22.3% |
| Book value growth (YoY) | -4.3% | 5.5% | -10.7% | 2.1% | -1.0% | -3.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$53.20M totalAutomotive$14.54M · 27.3%
Retail Customers$13.99M · 26.3%
Aerospace$7.18M · 13.5%
Oem$5.84M · 11.0%
Industrial$5.29M · 9.9%
Atp$3.02M · 5.7%
Ptg$2.85M · 5.3%
Other$477.0K · 0.9%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
2.54
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Metalworkg Machinery & Equipment
Comparing P&F INDUSTRIES INC against the 5 most active filers in the same SIC group.