Market Summary
USD69.54+1.15
Market Closed1.68%
PSMT Alerts
PSMT Stock Price
PSMT RSI Chart
PSMT Valuation
PSMT Price/Sales (Trailing)
PSMT Profitability
PSMT Fundamentals
PSMT Revenue
PSMT Earnings
Price Action
52 Week Range
56.2988.30
(Low)(High)
Last 7 days
-0.3%
Last 30 days
-3.7%
Last 90 days
10.6%
Trailing 12 Months
-11.7%
PSMT Financial Health
PSMT Investor Care
Peers (Alternatives to PriceSmart)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
WMT | 384.4B | 600.1B | -1.69% | 0.45% | 42.65 | 0.64 | 4.92% | 10.07% |
COST | 219.7B | 234.4B | -0.43% | -10.80% | 36.3 | 0.94 | 13.76% | 13.92% |
SYY | 37.9B | 73.6B | -3.65% | -6.79% | 26.68 | 0.51 | 21.14% | 80.80% |
KR | 35.1B | 146.5B | 9.93% | -12.27% | 14.85 | 0.24 | 8.04% | 132.09% |
ACI | 10.8B | 76.8B | -5.57% | -23.61% | 6.51 | 0.14 | 9.24% | 62.45% |
BJ | 10.1B | 18.7B | 1.01% | 16.67% | 20.58 | 0.54 | 15.30% | 18.31% |
| MID-CAP | ||||||||
USFD | 7.9B | 34.1B | -10.59% | -4.98% | 29.81 | 0.23 | 15.50% | 61.59% |
CASY | 7.8B | 15.2B | -3.15% | 9.05% | 17.35 | 0.51 | 28.24% | 39.99% |
GO | 2.7B | 3.6B | -5.16% | -17.02% | 41.14 | 0.75 | 16.19% | 4.40% |
WMK | 2.2B | 4.7B | -0.77% | 12.15% | 17.73 | 0.47 | 11.16% | 15.02% |
PSMT | 2.2B | 4.1B | -3.72% | -11.73% | 20.19 | 0.52 | 11.51% | 6.15% |
| SMALL-CAP | ||||||||
ANDE | 1.4B | 17.3B | -9.35% | -21.53% | 10.33 | 0.08 | 37.37% | 26.06% |
CHEF | 1.3B | 2.6B | -8.00% | -0.55% | 45.44 | 0.48 | 49.70% | 663.68% |
SPTN | 853.5M | 9.6B | -22.39% | -30.31% | 24.73 | 0.09 | 7.97% | -53.20% |
NGVC | 244.8M | 1.1B | -0.30% | -41.40% | 14.52 | 0.22 | 2.34% | -34.82% |
Financials for PriceSmart
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.0% | 4,146 | 4,066 | 3,954 | 3,819 | 3,718 |
| S&GA Expenses | 1.1% | 135 | 133 | 130 | 132 | 130 |
| Costs and Expenses | 1.8% | 3,969 | 3,899 | 3,794 | 3,656 | 3,558 |
| EBITDA | 2.6% | 240 | 234 | 226 | - | - |
| EBITDA Margin | 0.7% | 0.06* | 0.06* | 0.06* | - | - |
| Earnings Before Taxes | 1.9% | 159 | 156 | 151 | 155 | 152 |
| EBT Margin | 0.0% | 0.04* | 0.04* | 0.04* | - | - |
| Interest Expenses | 12.1% | 11.00 | 10.00 | 8.00 | 7.00 | 7.00 |
| Net Income | 2.3% | 107 | 105 | 101 | 104 | 101 |
| Net Income Margin | 0.3% | 0.03* | 0.03* | 0.03* | - | - |
| Free Cahsflow | 4241.8% | 51.00 | 1.00 | -26.88 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.4% | 1,888 | 1,808 | 1,792 | 1,773 | 1,789 |
| Current Assets | 10.3% | 853 | 774 | 750 | 741 | 782 |
| Cash Equivalents | 12.7% | 268 | 238 | 208 | 179 | 176 |
| Inventory | 9.8% | 510 | 464 | 461 | 470 | 501 |
| Net PPE | -0.1% | 757 | 757 | 765 | 754 | 733 |
| Goodwill | -0.3% | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 |
| Liabilities | 5.4% | 862 | 817 | 824 | 819 | 847 |
| Current Liabilities | 5.5% | 612 | 579 | 578 | 561 | 594 |
| . Short Term Borrowings | 4.2% | 11.00 | 11.00 | 15.00 | 15.00 | 5.00 |
| LT Debt, Current | -1.3% | 33.00 | 34.00 | 34.00 | 29.00 | 17.00 |
| LT Debt, Non Current | 14.4% | 119 | 104 | 108 | 120 | 111 |
| Shareholder's Equity | 3.6% | 1,026 | 991 | 968 | 954 | 942 |
| Retained Earnings | 4.5% | 770 | 737 | 713 | 694 | 689 |
| Additional Paid-In Capital | 0.8% | 485 | 481 | 477 | 473 | 469 |
| Shares Outstanding | 0.5% | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 36.0% | 166 | 122 | 112 | 90.00 | 132 |
| Share Based Compensation | -2.0% | 16.00 | 17.00 | 18.00 | 19.00 | 19.00 |
| Cashflow From Investing | -12.6% | -84.20 | -74.76 | -84.13 | -64.98 | -78.46 |
| Cashflow From Financing | 110.7% | 1.00 | -12.21 | 5.00 | -16.48 | -71.74 |
| Dividend Payments | 22.1% | 27.00 | 22.00 | 22.00 | - | - |
Risks for PSMT
What is the probability of a big loss on PSMT?
80.4%
Probability that PriceSmart stock will be more than 20% underwater in next one year
49.2%
Probability that PriceSmart stock will be more than 30% underwater in next one year.
6.5%
Probability that PriceSmart stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does PSMT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if PriceSmart was unfortunately bought at previous high price.
Drawdowns
Returns for PSMT
Cumulative Returns on PSMT
-0.3%
10-Year Cumulative Returns
-1.6%
7-Year Cumulative Returns
-2.5%
5-Year Cumulative Returns
9.9%
3-Year Cumulative Returns
What are the long-term rolling returns for PSMT?
FIve years rolling returns for PriceSmart.
Annualized Returns
Which funds bought or sold PSMT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 42.57 | 277,459 | 827,459 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | - | 6,000 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | 30,754 | 591,754 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 9.16 | 61,000 | 467,000 | -% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -54,000 | - | -% |
2023-02-17 | Linden Thomas Advisory Services, LLC | new | - | 824,187 | 824,187 | 0.23% |
2023-02-16 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | new | - | 12,217 | 12,217 | -% |
2023-02-15 | Steward Partners Investment Advisory, LLC | added | 147 | 62,226 | 100,226 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | reduced | -5.59 | -6,930 | 1,835,070 | -% |
2023-02-15 | Point72 Middle East FZE | new | - | 15,985 | 15,985 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
PSMT Alerts
PriceSmart News
Schedule 13G FIlings of PriceSmart
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | kayne anderson rudnick investment management llc | 7.91% | 2,443,169 | SC 13G/A | |
| Feb 13, 2023 | edgepoint investment group inc. | 10.3% | 3,185,710 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 9.56% | 2,969,628 | SC 13G/A | |
| Feb 08, 2023 | black creek investment management inc. | 5.19% | 0 | SC 13G | |
| Jan 23, 2023 | blackrock inc. | 13.0% | 4,033,469 | SC 13G/A | |
| Feb 14, 2022 | kayne anderson rudnick investment management llc | 9.23% | 2,847,290 | SC 13G/A | |
| Feb 11, 2022 | edgepoint investment group inc. | 11.4% | 3,527,521 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 12.8% | 3,935,286 | SC 13G/A | |
| Feb 12, 2021 | edgepoint investment group inc. | 12.5% | 3,848,999 | SC 13G/A |
PSMT Fair Value
PriceSmart fair value in different scenarios
The table shows the Fair Value estimates for PriceSmart for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 51.84 -25.45% | 61.04 -12.22% | 85.63 23.14% | 105.06 51.08% | 128.93 85.40% |
| Current Inflation | 48.42 -30.37% | 56.31 -19.03% | 77.00 10.73% | 93.25 34.10% | 113.28 62.90% |
| Very High Inflation | 44.16 -36.50% | 50.52 -27.35% | 66.78 -3.97% | 79.49 14.31% | 95.22 36.93% |
Historical PriceSmart Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of PriceSmart
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 24, 2023 | 8-K/A | Current Report | |
| Mar 10, 2023 | 8-K/A | Current Report | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G | Major Ownership Report | |
| Feb 09, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for PSMT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-13 | Calvo Rodrigo | sold | -110,997 | 72.9765 | -1,521 | evp-real estate |
2023-02-10 | Bahrambeygui Sherry S. | sold | -722,818 | 72.2818 | -10,000 | - |
2023-02-03 | Bahrambeygui Sherry S. | sold (taxes) | -3,067,120 | 75.00 | -40,895 | chief executive officer |
2023-02-03 | Marquez Patricia | acquired | - | - | 2,234 | - |
2023-02-03 | JANKS LEON C | acquired | - | - | 2,234 | - |
2023-02-03 | FISHER JEFFREY | acquired | - | - | 2,234 | - |
2023-02-03 | ZURCHER EDGAR | acquired | - | - | 2,234 | - |
2023-02-03 | INFANTE BEATRIZ V | acquired | - | - | 2,234 | - |
2023-02-03 | Hanson Gordon H. | acquired | - | - | 2,234 | - |
2023-02-03 | Bahrambeygui Sherry S. | acquired | - | - | 2,234 | chief executive officer |
PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. The company also operates Click & Go, an e-commerce platform for online ordering, curbside pickup, and delivery services. As of March 29, 2022, it operated 49 warehouse clubs in 12 countries and one U.S. territory. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
PSMT Income Statement
2022-11-30CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Nov. 30, 2022 | Nov. 30, 2021 | |
| Revenues: | ||
| Net merchandise sales | $ 1,025,463 | $ 944,043 |
| Export sales | 10,458 | 10,534 |
| Membership income | 15,895 | 14,791 |
| Other revenue and income | 2,990 | 5,988 |
| Total revenues | 1,054,806 | 975,356 |
| Cost of goods sold: | ||
| Net merchandise sales | 859,068 | 793,193 |
| Export sales | 9,989 | 10,067 |
| Non-merchandise | 1,809 | |
| Selling, general and administrative: | ||
| Warehouse club and other operations | 96,892 | 91,196 |
| General and administrative | 33,172 | 31,693 |
| Pre-opening expenses | 970 | |
| Loss on disposal of assets | 158 | 411 |
| Total operating expenses | 999,279 | 929,339 |
| Operating income | 55,527 | 46,017 |
| Other income (expense): | ||
| Interest income | 1,157 | 518 |
| Interest expense | (2,749) | (1,590) |
| Other income (expense), net | (4,566) | 1,409 |
| Total other income (expense) | (6,158) | 337 |
| Income before provision for income taxes and loss of unconsolidated affiliates | 49,369 | 46,354 |
| Provision for income taxes | (16,426) | (15,814) |
| Loss of unconsolidated affiliates | (38) | (10) |
| Net income | 32,905 | 30,530 |
| Less: net income attributable to noncontrolling interest | (19) | |
| Net income attributable to PriceSmart, Inc. | $ 32,905 | $ 30,511 |
| Net income attributable to PriceSmart, Inc. per share available for distribution: | ||
| Basic | $ 1.05 | $ 0.98 |
| Diluted | $ 1.05 | $ 0.98 |
| Shares used in per share computations: | ||
| Basic | 30,713 | 30,551 |
| Diluted | 30,719 | 30,603 |
PSMT Balance Sheet
2022-11-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Nov. 30, 2022 | Aug. 31, 2022 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 267,944 | $ 237,710 |
| Short-term restricted cash | 2,873 | 3,013 |
| Short-term investments | 8,920 | 11,160 |
| Receivables, net of allowance for doubtful accounts of $119 as of November 30, 2022 and $103 as of August 31, 2022, respectively | 18,757 | 13,391 |
| Merchandise inventories | 510,060 | 464,411 |
| Prepaid expenses and other current assets (includes $194 and $2,761 as of November 30, 2022 and August 31, 2022, respectively, for the fair value of derivative instruments) | 44,731 | 43,894 |
| Total current assets | 853,285 | 773,579 |
| Long-term restricted cash | 10,871 | 10,650 |
| Property and equipment, net | 756,663 | 757,241 |
| Operating lease right-of-use assets, net | 108,762 | 111,810 |
| Goodwill | 43,173 | 43,303 |
| Deferred tax assets | 27,427 | 28,355 |
| Other non-current assets (includes $15,986 and $11,884 as of November 30, 2022 and August 31, 2022, respectively, for the fair value of derivative instruments) | 77,242 | 72,928 |
| Investment in unconsolidated affiliates | 10,497 | 10,534 |
| Total Assets | 1,887,920 | 1,808,400 |
| Current Liabilities: | ||
| Short-term borrowings | 11,050 | 10,608 |
| Accounts payable | 446,572 | 408,407 |
| Accrued salaries and benefits | 33,693 | 44,097 |
| Deferred income | 29,609 | 29,228 |
| Income taxes payable | 9,617 | 7,243 |
| Other accrued expenses and other current liabilities | 40,388 | 38,667 |
| Operating lease liabilities, current portion | 7,349 | 7,491 |
| Long-term debt, current portion | 33,280 | 33,715 |
| Total current liabilities | 611,558 | 579,456 |
| Deferred tax liability | 1,877 | 2,165 |
| Long-term income taxes payable, net of current portion | 5,036 | 5,215 |
| Long-term operating lease liabilities | 115,808 | 118,496 |
| Long-term debt, net of current portion | 118,505 | 103,556 |
| Other long-term liabilities (includes $8,772 and $8,440 for post-employment plans as of November 30, 2022 and August 31, 2022, respectively) | 8,773 | 8,439 |
| Total Liabilities | 861,557 | 817,327 |
| Stockholders' Equity: | ||
| Common stock $0.0001 par value, 45,000,000 shares authorized; 31,857,969 and 31,697,590 shares issued and 31,050,917 and 30,904,826 shares outstanding (net of treasury shares) as of November 30, 2022 and August 31, 2022, respectively | 3 | 3 |
| Additional paid-in capital | 485,096 | 481,406 |
| Accumulated other comprehensive loss | (196,137) | (195,586) |
| Retained earnings | 769,799 | 736,894 |
| Less: treasury stock at cost, 807,052 shares as of November 30, 2022 and 792,764 shares as of August 31, 2022 | (32,398) | (31,644) |
| Total Stockholders' Equity | 1,026,363 | 991,073 |
| Total Liabilities and Equity | $ 1,887,920 | $ 1,808,400 |