Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.32
PBI's Cash to Debt is ranked higher than
53% of the 1976 Companies
in the Global Business Equipment industry.

( Industry Median: 0.79 vs. PBI: 0.32 )
PBI' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.32
Current: 0.32

0.02
0.32
Equity to Asset 0.04
PBI's Equity to Asset is ranked lower than
65% of the 1969 Companies
in the Global Business Equipment industry.

( Industry Median: 0.51 vs. PBI: 0.04 )
PBI' s 10-Year Equity to Asset Range
Min: -0.03   Max: 0.3
Current: 0.04

-0.03
0.3
Interest Coverage 3.20
PBI's Interest Coverage is ranked lower than
60% of the 1274 Companies
in the Global Business Equipment industry.

( Industry Median: 29.41 vs. PBI: 3.20 )
PBI' s 10-Year Interest Coverage Range
Min: 3.17   Max: 6.23
Current: 3.2

3.17
6.23
F-Score: 5
Z-Score: 2.44
M-Score: -3.04
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 21.78
PBI's Operating margin (%) is ranked higher than
96% of the 1984 Companies
in the Global Business Equipment industry.

( Industry Median: 6.52 vs. PBI: 21.78 )
PBI' s 10-Year Operating margin (%) Range
Min: 7.85   Max: 25.64
Current: 21.78

7.85
25.64
Net-margin (%) 9.34
PBI's Net-margin (%) is ranked higher than
75% of the 1984 Companies
in the Global Business Equipment industry.

( Industry Median: 4.69 vs. PBI: 9.34 )
PBI' s 10-Year Net-margin (%) Range
Min: 1.84   Max: 16.69
Current: 9.34

1.84
16.69
ROE (%) 190.26
PBI's ROE (%) is ranked higher than
100% of the 1971 Companies
in the Global Business Equipment industry.

( Industry Median: 7.63 vs. PBI: 190.26 )
PBI' s 10-Year ROE (%) Range
Min: 10.21   Max: 1242.69
Current: 190.26

10.21
1242.69
ROA (%) 5.38
PBI's ROA (%) is ranked higher than
67% of the 1989 Companies
in the Global Business Equipment industry.

( Industry Median: 3.76 vs. PBI: 5.38 )
PBI' s 10-Year ROA (%) Range
Min: 1.1   Max: 8.01
Current: 5.38

1.1
8.01
ROC (Joel Greenblatt) (%) 173.64
PBI's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 1988 Companies
in the Global Business Equipment industry.

( Industry Median: 12.90 vs. PBI: 173.64 )
PBI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 36.18   Max: 123.18
Current: 173.64

36.18
123.18
Revenue Growth (%) -10.10
PBI's Revenue Growth (%) is ranked lower than
55% of the 1752 Companies
in the Global Business Equipment industry.

( Industry Median: 4.00 vs. PBI: -10.10 )
PBI' s 10-Year Revenue Growth (%) Range
Min: -10.1   Max: 11.1
Current: -10.1

-10.1
11.1
EBITDA Growth (%) -4.70
PBI's EBITDA Growth (%) is ranked higher than
60% of the 1545 Companies
in the Global Business Equipment industry.

( Industry Median: 3.60 vs. PBI: -4.70 )
PBI' s 10-Year EBITDA Growth (%) Range
Min: -11.9   Max: 13.7
Current: -4.7

-11.9
13.7
EPS Growth (%) -1.70
PBI's EPS Growth (%) is ranked higher than
66% of the 1390 Companies
in the Global Business Equipment industry.

( Industry Median: 4.50 vs. PBI: -1.70 )
PBI' s 10-Year EPS Growth (%) Range
Min: -7.8   Max: 14.8
Current: -1.7

-7.8
14.8
» PBI's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

PBI Guru Trades in Q4 2013

David Dreman 3,500 sh (New)
Mariko Gordon 145,907 sh (New)
Steven Cohen 71,517 sh (+169.3%)
Jeremy Grantham 96,579 sh (+151.1%)
Joel Greenblatt 807,572 sh (+7.71%)
Jean-Marie Eveillard 5,077,455 sh (+1.21%)
Steven Romick -401,000 sh (unchged)
Julian Robertson Sold Out
Dodge & Cox 54,200 sh (-67.17%)
» More
Q1 2014

PBI Guru Trades in Q1 2014

Jim Simons 1,141,000 sh (New)
Jean-Marie Eveillard 5,079,805 sh (+0.05%)
Steven Romick -401,000 sh (unchged)
Jeremy Grantham Sold Out
Mariko Gordon 142,025 sh (-2.66%)
Dodge & Cox 52,200 sh (-3.69%)
Joel Greenblatt 761,470 sh (-5.71%)
David Dreman 2,723 sh (-22.2%)
Steven Cohen 12,417 sh (-82.64%)
» More
Q2 2014

PBI Guru Trades in Q2 2014

Joel Greenblatt 994,703 sh (+30.63%)
David Dreman 3,439 sh (+26.29%)
Jean-Marie Eveillard 5,369,905 sh (+5.71%)
Steven Romick -401,000 sh (unchged)
Mariko Gordon 141,925 sh (-0.07%)
Dodge & Cox 48,400 sh (-7.28%)
Jim Simons 737,200 sh (-35.39%)
» More
Q3 2014

PBI Guru Trades in Q3 2014

Steven Romick -401,000 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with PBI

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-06-30 Add 30.63%0.08%$24.49 - $28.14 $ 24.74-7%994703
David Dreman 2014-06-30 Add 26.29%$24.49 - $28.14 $ 24.74-7%3439
David Dreman 2014-03-31 Reduce -22.2%$21.13 - $26.51 $ 24.741%2723
Julian Robertson 2013-12-31 Sold Out 1.7%$18.48 - $24.09 $ 24.7415%0
Mariko Gordon 2013-12-31 New Buy0.14%$18.48 - $24.09 $ 24.7415%145907
David Dreman 2013-12-31 New Buy0.01%$18.48 - $24.09 $ 24.7415%3500
Dodge & Cox 2013-12-31 Reduce -67.17%$18.48 - $24.09 $ 24.7415%54200
Julian Robertson 2013-09-30 New Buy1.7%$13.92 - $18.5 $ 24.7451%613800
Jean-Marie Eveillard 2013-09-30 Add 112.61%0.14%$13.92 - $18.5 $ 24.7451%5016655
Dodge & Cox 2013-09-30 Reduce -92.84%0.04%$13.92 - $18.5 $ 24.7451%165100
NWQ Managers 2013-06-30 Sold Out 0.53%$13.67 - $16.2 $ 24.7468%0
Jean-Marie Eveillard 2013-06-30 New Buy0.11%$13.67 - $16.2 $ 24.7468%2359505
Joel Greenblatt 2013-06-30 Add 23.92%0.08%$13.67 - $16.2 $ 24.7468%697008
David Dreman 2013-03-31 Sold Out 0.05%$10.64 - $15.51 $ 24.7487%0
Joel Greenblatt 2012-09-30 Add 93.23%0.23%$12.91 - $15.27 $ 24.7479%503303
David Dreman 2012-09-30 Reduce -44.95%0.05%$12.91 - $15.27 $ 24.7479%169625
Meridian Funds 2012-09-30 Sold Out 0.01%$12.91 - $15.27 $ 24.7479%0
Joel Greenblatt 2012-03-31 Add 261.3%0.27%$17.54 - $19.54 $ 24.7442%244709
Dodge & Cox 2012-03-31 Reduce -57.73%0.1%$17.54 - $19.54 $ 24.7442%2867432
Dodge & Cox 2011-12-31 Reduce -55.69%0.24%$17.35 - $20.75 $ 24.7429%6783845
Joel Greenblatt 2011-12-31 Add 32.89%0.04%$17.35 - $20.75 $ 24.7429%67730
NWQ Managers 2011-09-30 Reduce -22.87%0.27%$18.15 - $23.36 $ 24.7421%7510576
Ray Dalio 2011-09-30 Sold Out 0.13%$18.15 - $23.36 $ 24.7422%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Pitney Bowes Inc

SymbolPriceYieldDescription
PBOWP607.000.30
PBOWN396.850.53$2.12 Convertible Cumulative Preference Stock (no par value)

Guru Investment Theses on Pitney Bowes Inc

David Einhorn Comments on Pitney Bowes - Jan 23, 2013

Our three year old thesis that Pitney Bowes (PBI) was a “melting ice cube” due to secular declining U.S. mail volumes played out. The company has been in a perpetual restructuringmode and reported a series of disappointing quarters. In addition, the viability of the dividendcame into question. We covered the short position with a nice gain.

From David Einhorn's fourth quarter letter.


Check out David Einhorn latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 22.70
PBI's P/E(ttm) is ranked higher than
69% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 22.50 vs. PBI: 22.70 )
PBI' s 10-Year P/E(ttm) Range
Min: 3.73   Max: 883.96
Current: 22.7

3.73
883.96
P/B 17.80
PBI's P/B is ranked lower than
61% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 1.74 vs. PBI: 17.80 )
PBI' s 10-Year P/B Range
Min: 6.79   Max: 481.8
Current: 17.8

6.79
481.8
P/S 1.30
PBI's P/S is ranked higher than
61% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 1.00 vs. PBI: 1.30 )
PBI' s 10-Year P/S Range
Min: 0.43   Max: 2.35
Current: 1.3

0.43
2.35
PFCF 10.27
PBI's PFCF is ranked higher than
92% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 9999.00 vs. PBI: 10.27 )
PBI' s 10-Year PFCF Range
Min: 3.83   Max: 91.69
Current: 10.27

3.83
91.69
EV-to-EBIT 9.80
PBI's EV-to-EBIT is ranked higher than
85% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 16.08 vs. PBI: 9.80 )
PBI' s 10-Year EV-to-EBIT Range
Min: 6.4   Max: 19.3
Current: 9.8

6.4
19.3
Shiller P/E 12.76
PBI's Shiller P/E is ranked higher than
93% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 87.36 vs. PBI: 12.76 )
PBI' s 10-Year Shiller P/E Range
Min: 4.84   Max: 25.31
Current: 12.76

4.84
25.31
Current Ratio 1.16
PBI's Current Ratio is ranked lower than
55% of the 1976 Companies
in the Global Business Equipment industry.

( Industry Median: 1.82 vs. PBI: 1.16 )
PBI' s 10-Year Current Ratio Range
Min: 0.52   Max: 1.27
Current: 1.16

0.52
1.27
Quick Ratio 1.12
PBI's Quick Ratio is ranked higher than
60% of the 1976 Companies
in the Global Business Equipment industry.

( Industry Median: 1.28 vs. PBI: 1.12 )
PBI' s 10-Year Quick Ratio Range
Min: 0.41   Max: 1.23
Current: 1.12

0.41
1.23

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.03
PBI's Dividend Yield is ranked higher than
81% of the 1538 Companies
in the Global Business Equipment industry.

( Industry Median: 1.62 vs. PBI: 3.03 )
PBI' s 10-Year Dividend Yield Range
Min: 2.58   Max: 14.41
Current: 3.03

2.58
14.41
Dividend Payout 0.52
PBI's Dividend Payout is ranked higher than
63% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 0.57 vs. PBI: 0.52 )
PBI' s 10-Year Dividend Payout Range
Min: 0.18   Max: 1.25
Current: 0.52

0.18
1.25
Dividend growth (3y) -13.70
PBI's Dividend growth (3y) is ranked higher than
58% of the 1015 Companies
in the Global Business Equipment industry.

( Industry Median: 5.90 vs. PBI: -13.70 )
PBI' s 10-Year Dividend growth (3y) Range
Min: -13.7   Max: 15.4
Current: -13.7

-13.7
15.4
Yield on cost (5-Year) 1.98
PBI's Yield on cost (5-Year) is ranked higher than
55% of the 1569 Companies
in the Global Business Equipment industry.

( Industry Median: 1.90 vs. PBI: 1.98 )
PBI' s 10-Year Yield on cost (5-Year) Range
Min: 1.7   Max: 9.5
Current: 1.98

1.7
9.5
Share Buyback Rate 0.60
PBI's Share Buyback Rate is ranked higher than
85% of the 1279 Companies
in the Global Business Equipment industry.

( Industry Median: -0.40 vs. PBI: 0.60 )
PBI' s 10-Year Share Buyback Rate Range
Min: 4   Max: 0.6
Current: 0.6

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 0.80
PBI's Price/DCF (Projected) is ranked higher than
88% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 2.35 vs. PBI: 0.80 )
PBI' s 10-Year Price/DCF (Projected) Range
Min: 0.31   Max: 3.4
Current: 0.8

0.31
3.4
Price/Median PS Value 1.09
PBI's Price/Median PS Value is ranked higher than
70% of the 2066 Companies
in the Global Business Equipment industry.

( Industry Median: 1.13 vs. PBI: 1.09 )
PBI' s 10-Year Price/Median PS Value Range
Min: 0.37   Max: 4.27
Current: 1.09

0.37
4.27
Earnings Yield (Greenblatt) 10.20
PBI's Earnings Yield (Greenblatt) is ranked higher than
84% of the 1968 Companies
in the Global Business Equipment industry.

( Industry Median: 6.40 vs. PBI: 10.20 )
PBI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.2   Max: 15.6
Current: 10.2

5.2
15.6
Forward Rate of Return (Yacktman) 3.47
PBI's Forward Rate of Return (Yacktman) is ranked higher than
66% of the 1572 Companies
in the Global Business Equipment industry.

( Industry Median: 5.92 vs. PBI: 3.47 )
PBI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.3   Max: 27.1
Current: 3.47

0.3
27.1

Business Description

Industry: Industrial Products » Business Equipment
Compare:CAJ, XRX, RICOY, KNCAY, BRTHY » details
Traded in other countries:PBOWP.USA, PBW.Germany, PBOWN.USA
Pitney Bowes Inc was incorporated in the state of Delaware on April 23, 1920, as the Pitney Bowes Postage Meter Company. The Company is a provider of mail processing equipment and integrated mail solutions in the world. It offers a full suite of equipment, supplies, software and services for end-to-end mailstream solutions which enable its customers to optimize the flow of physical and electronic mail, documents and packages across their operations. The Company operates in two business groups, Mailstream Solutions and Mailstream Services. It operates both inside and outside the United States. Its Mailstream Solutions and Mailstream Services businesses utilize these facilities jointly and separately. The Company conducts its business activities in seven business segments within the Mailstream Solutions and Mailstream Services business groups. The main products and services of each of its business segments are: U.S. Mailing, International Mailing, Production Mail, Software, Management Services, Mail Services and Marketing Services. It depends on third-party suppliers for a variety of services, components, supplies and a portion of its product manufacturing. The Company's products and services are marketed through a network of direct sales offices in the U.S. and through a number of its subsidiaries and independent distributors and dealers in many countries throughout the world. It also uses direct marketing, outbound telemarketing and the Internet to reach its existing and potential customers. The Company has many research and development programs that are directed toward developing new products and service offerings. It depends on third party suppliers for a variety of services, components, supplies and a portion of its product manufacturing. Pitney Bowes is subject to the U.S. Postal Service's regulations and those of foreign postal authorities, related to product specifications and business practices involving its postage meters.
» More Articles for PBI

Headlines

Articles On GuruFocus.com
Xerox Embarked on a Series of Acquisitions Mar 31 2014 
Should You Stay Away from Canon? Mar 25 2014 
Early Warning Signs of a Dividend Cut Nov 20 2013 
My 3 Favorites from the High-Yield Equity Dividend Achievers Index with Low Price Ratios Jul 26 2013 
My 4 Favorite Stocks from the S&P 500 with Single-Digits P/Es Jul 25 2013 
3 Consumer Dividend Stocks with the Highest Float Short Ratio Jun 15 2013 
My 3 Favorite Consumer Dividend Stocks with Cheapest Valuation May 16 2013 
Weekly CEO Buys Highlight: PBI, DRIV, CYS, KAMN, WLT May 13 2013 
Four Companies Reporting Pricey Insider Buys from Their CEOs May 09 2013 
comment on PBI May 03 2013 

More From Our Partners
Earnings Scheduled For October 30, 2014 Oct 30 2014 - BENZINGA

More From Other Websites
Pitney Bowes (PBI) Earnings Report: Q3 2014 Conference Call Transcript Oct 30 2014
Pitney Bowes Beats on Q3 Earnings, FY14 Guidance Raised Oct 30 2014
Pitney Bowes Inc Earnings Call scheduled for 8:00 am ET today Oct 30 2014
Pitney Bowes posts 3Q profit Oct 30 2014
Pitney Bowes posts 3Q profit Oct 30 2014
7:13 am Pitney Bowes beats by $0.05, reports revs in-line; guides FY14 EPS in-line; reaffirms... Oct 30 2014
Q3 2014 Pitney Bowes Inc Earnings Release - Before Market Open Oct 30 2014
Pitney Bowes Announces Third Quarter 2014 Results Oct 30 2014
PITNEY BOWES INC /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Oct 30 2014
Pitney Bowes Announces Third Quarter 2014 Results Oct 30 2014
Pitney Bowes Study Reveals U.S., U.K. and Germany are the Most Desirable International Shopping... Oct 29 2014
Pitney Bowes Study Reveals U.S., U.K. and Germany are the Most Desirable International Shopping... Oct 29 2014
Pitney Bowes Study Reveals U.S., U.K. and Germany are the Most Desirable International Shopping... Oct 29 2014
Pitney Bowes (PBI) Updates Long-Term Strategy for Europe Oct 23 2014
Pitney Bowes Advances Long-Term Growth Strategy in Europe Oct 21 2014
Pitney Bowes Advances Long-Term Growth Strategy in Europe Oct 21 2014
Long-term energy story not in trouble: Cramer Oct 02 2014
Pitney Bowes Foundation Mobilizes 400 Employees in Connecticut for “Dedication to Education”... Oct 01 2014
Incepture Expands Partnership with Pitney Bowes Sep 29 2014
CORRECTING and REPLACING Pitney Bowes Helps Mailers Successfully Integrate Physical and Digital... Sep 24 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK