(PBI) Pitney Bowes - Overview
Sector: Industrials | Industry: Integrated Freight & Logistics | Exchange: NYSE (USA) | Market Cap: 2.133m USD | Total Return: 83.6% in 12m
Industry Rotation: +4.3
Avg Turnover: 62.9M
EPS Trend: 85.9%
Qual. Beats: 0
Rev. Trend: -86.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20, Leader, Tailwind, Pullback 52w, Confidence
Pitney Bowes Inc. (PBI) is a logistics and financial services provider specializing in digital shipping, mailing technology, and mail sortation. The company operates through two primary segments: SendTech Solutions, which provides hardware and software for tracking and processing mail, and Presort Services, which functions as a workshare partner for the United States Postal Service (USPS).
The business model relies heavily on recurring revenue from maintenance services, supplies, and financing solutions for equipment purchases. As a major player in the Office Services & Supplies sub-industry, the company leverages its long-standing relationship with national postal authorities to capture efficiencies in high-volume mail distribution. For a deeper look into the companys valuation metrics, consider reviewing the data on ValueRay.
Founded in 1920 and headquartered in Connecticut, the firm has transitioned from traditional postage meters to integrated digital commerce solutions. It utilizes a multi-channel distribution strategy involving direct sales, digital platforms, and partner networks to reach global markets.
- Exit from Global Ecommerce segment reduces operational loss and simplifies balance sheet
- Presort Services volume growth depends on United States Postal Service workshare partnership
- SendTech revenue stability relies on recurring lease income and mailing equipment renewals
- Cost reduction initiatives and debt restructuring influence long-term profitability and credit rating
- Interest rate fluctuations impact financing margins within the SendTech financial services segment
| Net Income: 167.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 7.96 > 1.0 |
| NWC/Revenue: -36.72% < 20% (prev -15.22%; Δ -21.51% < -1%) |
| CFO/TA 0.14 > 3% & CFO 455.9m > Net Income 167.4m |
| Net Debt (1.97b) to EBITDA (454.5m): 4.32 < 3 |
| Current Ratio: 0.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.5m) vs 12m ago -13.69% < -2% |
| Gross Margin: 54.06% > 18% (prev 0.53%; Δ 5.35k% > 0.5%) |
| Asset Turnover: 58.49% > 50% (prev 61.13%; Δ -2.64% > 0%) |
| Interest Coverage Ratio: 3.35 > 6 (EBITDA TTM 454.5m / Interest Expense TTM 103.2m) |
| A: -0.22 (Total Current Assets 1.13b - Total Current Liabilities 1.82b) / Total Assets 3.15b |
| B: 0.85 (Retained Earnings 2.69b / Total Assets 3.15b) |
| C: 0.11 (EBIT TTM 345.6m / Avg Total Assets 3.21b) |
| D: 0.54 (Book Value of Equity 2.17b / Total Liabilities 4.04b) |
| Altman-Z'' Score: 2.64 = A |
| DSRI: 1.00 (Receivables 642.8m/687.7m, Revenue 1.88b/2.00b) |
| GMI: 0.98 (GM 54.06% / 52.97%) |
| AQI: 1.02 (AQ_t 0.54 / AQ_t-1 0.53) |
| SGI: 0.94 (Revenue 1.88b / 2.00b) |
| TATA: -0.09 (NI 167.4m - CFO 455.9m) / TA 3.15b) |
| Beneish M-Score: -3.18 (Cap -4..+1) = AA |
Over the past week, the price has changed by +4.18%, over one month by +25.59%, over three months by +50.21% and over the past year by +83.64%.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 16.7 | 1.7% |
P/E Forward = 9.9404
P/S = 1.1367
P/B = 9.5693
P/EG = 0.6624
Revenue TTM = 1.88b USD
EBIT TTM = 345.6m USD
EBITDA TTM = 454.5m USD
Long Term Debt = 1.98b USD (from longTermDebt, last fiscal year)
Short Term Debt = 393.3m USD (from shortTermDebt, last quarter)
Debt = 2.27b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.97b USD (from netDebt column, last quarter)
Enterprise Value = 4.09b USD (2.13b + Debt 2.27b - CCE 314.0m)
Interest Coverage Ratio = 3.35 (Ebit TTM 345.6m / Interest Expense TTM 103.2m)
EV/FCF = 10.46x (Enterprise Value 4.09b / FCF TTM 390.7m)
FCF Yield = 9.56% (FCF TTM 390.7m / Enterprise Value 4.09b)
FCF Margin = 20.82% (FCF TTM 390.7m / Revenue TTM 1.88b)
Net Margin = 8.92% (Net Income TTM 167.4m / Revenue TTM 1.88b)
Gross Margin = 54.06% ((Revenue TTM 1.88b - Cost of Revenue TTM 862.1m) / Revenue TTM)
Gross Margin QoQ = 54.41% (prev 55.05%)
Tobins Q-Ratio = 1.30 (Enterprise Value 4.09b / Total Assets 3.15b)
Interest Expense / Debt = 1.15% (Interest Expense 26.0m / Debt 2.27b)
Taxrate = 27.76% (22.3m / 80.5m)
NOPAT = 249.7m (EBIT 345.6m * (1 - 27.76%))
Current Ratio = 0.62 (Total Current Assets 1.13b / Total Current Liabilities 1.82b)
Debt / Equity = -2.54 (negative equity) (Debt 2.27b / totalStockholderEquity, last quarter -893.6m)
Debt / EBITDA = 4.32 (Net Debt 1.97b / EBITDA 454.5m)
Debt / FCF = 5.03 (Net Debt 1.97b / FCF TTM 390.7m)
Total Stockholder Equity = -723.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.22% (Net Income 167.4m / Total Assets 3.15b)
RoE = -23.14% (negative equity) (Net Income TTM 167.4m / Total Stockholder Equity -723.6m)
RoCE = 27.60% (EBIT 345.6m / Capital Employed (Equity -723.6m + L.T.Debt 1.98b))
RoIC = 18.76% (NOPAT 249.7m / Invested Capital 1.33b)
WACC = 5.69% (E(2.13b)/V(4.40b) * Re(10.85%) + D(2.27b)/V(4.40b) * Rd(1.15%) * (1-Tc(0.28)))
Discount Rate = 10.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.80 | Cagr: -4.89%
[DCF] Terminal Value 88.44% ; FCFF base≈292.7m ; Y1≈361.1m ; Y5≈616.1m
[DCF] Fair Price = 117.5 (EV 17.87b - Net Debt 1.97b = Equity 15.91b / Shares 135.4m; r=6.0% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 85.86 | EPS CAGR: 132.1% | SUE: 0.0 | # QB: 0
Revenue Correlation: -86.64 | Revenue CAGR: -14.83% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.33 | Chg30d=+4.27% | Revisions=+25% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.37 | Chg30d=+6.82% | Revisions=+56% | Analysts=6
EPS current Year (2026-12-31): EPS=1.62 | Chg30d=+10.54% | Revisions=+50% | GrowthEPS=+19.9% | GrowthRev=-2.6%
EPS next Year (2027-12-31): EPS=1.75 | Chg30d=+13.03% | Revisions=+56% | GrowthEPS=+8.1% | GrowthRev=-0.3%
[Analyst] Revisions Ratio: +56%