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PriceSmart Inc Stock Research

PSMT

69.54USD+1.15(+1.68%)Market Closed

Market Summary

USD69.54+1.15
Market Closed
1.68%

PSMT Alerts

PSMT Stock Price

PSMT RSI Chart

PSMT Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

20.19

Price/Sales (Trailing)

0.52

EV/EBITDA

7.88

Price/Free Cashflow

42.54

PSMT Price/Sales (Trailing)

PSMT Profitability

EBT Margin

3.85%

Return on Equity

10.42%

Return on Assets

5.66%

Free Cashflow Yield

2.35%

PSMT Fundamentals

PSMT Revenue

Revenue (TTM)

4.1B

Revenue Y/Y

8.15%

Revenue Q/Q

3.27%

PSMT Earnings

Earnings (TTM)

106.9M

Earnings Y/Y

7.85%

Earnings Q/Q

41.2%

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

Current Ratio

1.4

PSMT Investor Care

Dividend Yield

1.23%

Dividend/Share (TTM)

0.86

Shares Dilution (1Y)

1.64%

Diluted EPS (TTM)

3.45

Peers (Alternatives to PriceSmart)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
384.4B
600.1B
-1.69% 0.45%
42.65
0.64
4.92% 10.07%
219.7B
234.4B
-0.43% -10.80%
36.3
0.94
13.76% 13.92%
37.9B
73.6B
-3.65% -6.79%
26.68
0.51
21.14% 80.80%
35.1B
146.5B
9.93% -12.27%
14.85
0.24
8.04% 132.09%
10.8B
76.8B
-5.57% -23.61%
6.51
0.14
9.24% 62.45%
10.1B
18.7B
1.01% 16.67%
20.58
0.54
15.30% 18.31%
MID-CAP
7.9B
34.1B
-10.59% -4.98%
29.81
0.23
15.50% 61.59%
7.8B
15.2B
-3.15% 9.05%
17.35
0.51
28.24% 39.99%
2.7B
3.6B
-5.16% -17.02%
41.14
0.75
16.19% 4.40%
2.2B
4.7B
-0.77% 12.15%
17.73
0.47
11.16% 15.02%
2.2B
4.1B
-3.72% -11.73%
20.19
0.52
11.51% 6.15%
SMALL-CAP
1.4B
17.3B
-9.35% -21.53%
10.33
0.08
37.37% 26.06%
1.3B
2.6B
-8.00% -0.55%
45.44
0.48
49.70% 663.68%
853.5M
9.6B
-22.39% -30.31%
24.73
0.09
7.97% -53.20%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.0%4,1464,0663,9543,8193,718
  S&GA Expenses1.1%135133130132130
Costs and Expenses1.8%3,9693,8993,7943,6563,558
EBITDA2.6%240234226--
EBITDA Margin0.7%0.06*0.06*0.06*--
Earnings Before Taxes1.9%159156151155152
EBT Margin0.0%0.04*0.04*0.04*--
Interest Expenses12.1%11.0010.008.007.007.00
Net Income2.3%107105101104101
Net Income Margin0.3%0.03*0.03*0.03*--
Free Cahsflow4241.8%51.001.00-26.88--
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.4%1,8881,8081,7921,7731,789
  Current Assets10.3%853774750741782
    Cash Equivalents12.7%268238208179176
  Inventory9.8%510464461470501
  Net PPE-0.1%757757765754733
  Goodwill-0.3%43.0043.0043.0043.0043.00
Liabilities5.4%862817824819847
  Current Liabilities5.5%612579578561594
.    Short Term Borrowings4.2%11.0011.0015.0015.005.00
    LT Debt, Current-1.3%33.0034.0034.0029.0017.00
    LT Debt, Non Current14.4%119104108120111
Shareholder's Equity3.6%1,026991968954942
  Retained Earnings4.5%770737713694689
  Additional Paid-In Capital0.8%485481477473469
Shares Outstanding0.5%31.0031.0031.0031.0031.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations36.0%16612211290.00132
  Share Based Compensation-2.0%16.0017.0018.0019.0019.00
Cashflow From Investing-12.6%-84.20-74.76-84.13-64.98-78.46
Cashflow From Financing110.7%1.00-12.215.00-16.48-71.74
  Dividend Payments22.1%27.0022.0022.00--

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 ascendingFund NameType% 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
-%

1–10 of 46

Latest Funds Activity

Are funds buying PSMT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PSMT
No. of Funds

PriceSmart News

Yahoo Eurosport UK

PriceSmart's (NASDAQ:PSMT) Returns Have Hit A Wall.

Yahoo Eurosport UK,
2 days ago

Best Stocks

Simply Wall St

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InvestorsObserver

InvestorsObserver

Schedule 13G FIlings of PriceSmart

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Sherry S. Bahrambeygui
10400
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

2022-11-30
CONSOLIDATED 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 sales10,45810,534
Membership income15,89514,791
Other revenue and income2,9905,988
Total revenues1,054,806975,356
Cost of goods sold:  
Net merchandise sales859,068793,193
Export sales9,98910,067
Non-merchandise 1,809
Selling, general and administrative:  
Warehouse club and other operations96,89291,196
General and administrative33,17231,693
Pre-opening expenses 970
Loss on disposal of assets158411
Total operating expenses999,279929,339
Operating income55,52746,017
Other income (expense):  
Interest income1,157518
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 affiliates49,36946,354
Provision for income taxes(16,426)(15,814)
Loss of unconsolidated affiliates(38)(10)
Net income32,90530,530
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:  
Basic30,71330,551
Diluted30,71930,603

PSMT Balance Sheet

2022-11-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 30, 2022
Aug. 31, 2022
Current Assets:  
Cash and cash equivalents$ 267,944$ 237,710
Short-term restricted cash2,8733,013
Short-term investments8,92011,160
Receivables, net of allowance for doubtful accounts of $119 as of November 30, 2022 and $103 as of August 31, 2022, respectively18,75713,391
Merchandise inventories510,060464,411
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)44,73143,894
Total current assets853,285773,579
Long-term restricted cash10,87110,650
Property and equipment, net756,663757,241
Operating lease right-of-use assets, net108,762111,810
Goodwill43,17343,303
Deferred tax assets27,42728,355
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)77,24272,928
Investment in unconsolidated affiliates10,49710,534
Total Assets1,887,9201,808,400
Current Liabilities:  
Short-term borrowings11,05010,608
Accounts payable446,572408,407
Accrued salaries and benefits33,69344,097
Deferred income29,60929,228
Income taxes payable9,6177,243
Other accrued expenses and other current liabilities40,38838,667
Operating lease liabilities, current portion7,3497,491
Long-term debt, current portion33,28033,715
Total current liabilities611,558579,456
Deferred tax liability1,8772,165
Long-term income taxes payable, net of current portion5,0365,215
Long-term operating lease liabilities115,808118,496
Long-term debt, net of current portion118,505103,556
Other long-term liabilities (includes $8,772 and $8,440 for post-employment plans as of November 30, 2022 and August 31, 2022, respectively)8,7738,439
Total Liabilities861,557817,327
Stockholders' Equity:  
Common stock $0.0001 par value, 45,000,000 shares authorized; 31,857,969 and 31,697,590 shares issued and 31,050,917 and 30,904,826 shares outstanding (net of treasury shares) as of November 30, 2022 and August 31, 2022, respectively33
Additional paid-in capital485,096481,406
Accumulated other comprehensive loss(196,137)(195,586)
Retained earnings769,799736,894
Less: treasury stock at cost, 807,052 shares as of November 30, 2022 and 792,764 shares as of August 31, 2022(32,398)(31,644)
Total Stockholders' Equity1,026,363991,073
Total Liabilities and Equity$ 1,887,920$ 1,808,400