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Performant Financial Corp PFMT

Morningstar Rating
$2.63 +0.02 (0.77%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PFMT is trading at a 17% discount.
Price
$2.63
Fair Value
$8.53
Uncertainty
Very High
1-Star Price
$8.62
5-Star Price
$7.47
Economic Moat
Fydb
Capital Allocation
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News

Trading Information

Previous Close Price
$2.61
Day Range
$2.552.67
52-Week Range
$2.003.61
Bid/Ask
$1.50 / $2.76
Market Cap
$202.30 Mil
Volume/Avg
196,038 / 259,778

Key Statistics

Price/Earnings (Normalized)
Price/Sales
1.75
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Performant Financial Corp provides technology-enabled recovery and related analytics services in the United States. The company provides its services on an outsourced basis where it handles many or all aspects of its clients' recovery processes. It uses technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. The services are offered across a broad range of government and private clients in several markets. The revenue generated here is generally on success-based as it earns fees based on a percentage of the aggregate amount of funds that it enables the clients to recover.
Sector
Industrials
Industry
Specialty Business Services
Stock Style Box
Small Growth
Total Number of Employees
958
Website

Comparables

Valuation

Metric
PFMT
FWRG
POWL
Price/Earnings (Normalized)
50.8320.84
Price/Book Value
2.502.374.18
Price/Sales
1.751.522.03
Price/Cash Flow
48.5113.2418.67
Price/Earnings
PFMT
FWRG
POWL

Financial Strength

Metric
PFMT
FWRG
POWL
Quick Ratio
2.910.481.38
Current Ratio
3.210.621.58
Interest Coverage
−3.105.47
Quick Ratio
PFMT
FWRG
POWL

Profitability

Metric
PFMT
FWRG
POWL
Return on Assets (Normalized)
−3.59%2.98%12.20%
Return on Equity (Normalized)
−4.67%6.40%24.80%
Return on Invested Capital (Normalized)
−2.25%3.73%22.28%
Return on Assets
PFMT
FWRG
POWL
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