PPK Group
Market Cap
AU$533.7m
Last Updated
2021/01/23 07:03 UTC
Data Sources
Company Financials
Executive Summary
PPK Group Limited, together with its subsidiaries, engages in designing, manufacturing, distributing, hiring, servicing, and supporting underground coal mining equipment in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Share Price & News
How has PPK Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PPK's weekly volatility has decreased from 13% to 8% over the past year.
Market Performance
7 Day Return
-1.5%
PPK
-0.7%
AU Machinery
1.4%
AU Market
1 Year Return
-3.4%
PPK
2.1%
AU Machinery
-0.6%
AU Market
Return vs Industry: PPK underperformed the Australian Machinery industry which returned 2.1% over the past year.
Return vs Market: PPK underperformed the Australian Market which returned -0.6% over the past year.
Shareholder returns
| PPK | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | -0.7% | 1.4% |
| 30 Day | 4.1% | 4.7% | 3.0% |
| 90 Day | 6.9% | -0.2% | 11.9% |
| 1 Year | -2.7%-3.4% | 3.7%2.1% | 2.8%-0.6% |
| 3 Year | 2,840.2%2,776.2% | 0.6%-2.3% | 27.0%11.4% |
| 5 Year | n/a | 100.7%73.6% | 68.6%34.6% |
Long-Term Price Volatility Vs. Market
How volatile is PPK Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Much Of PPK Group Limited (ASX:PPK) Do Insiders Own?2 months ago | Simply Wall St
We're Not Counting On PPK Group (ASX:PPK) To Sustain Its Statutory Profitability3 months ago | Simply Wall St
With EPS Growth And More, PPK Group (ASX:PPK) Is InterestingValuation
Is PPK Group undervalued compared to its fair value and its price relative to the market?
61.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PPK (A$6.04) is trading above our estimate of fair value (A$0.71)
Significantly Below Fair Value: PPK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PPK is poor value based on its PE Ratio (61.2x) compared to the AU Machinery industry average (17.3x).
PE vs Market: PPK is poor value based on its PE Ratio (61.2x) compared to the Australian market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PPK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PPK is overvalued based on its PB Ratio (9.8x) compared to the AU Machinery industry average (2x).
Next Steps
Future Growth
How is PPK Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
40.9%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PPK Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out PPK Group's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- PPK Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has PPK Group performed over the past 5 years?
79.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPK has a large one-off gain of A$9.1M impacting its June 30 2020 financial results.
Growing Profit Margin: PPK's current net profit margins (20.9%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: PPK has become profitable over the past 5 years, growing earnings by 79.2% per year.
Accelerating Growth: PPK's earnings growth over the past year (364.2%) exceeds its 5-year average (79.2% per year).
Earnings vs Industry: PPK earnings growth over the past year (364.2%) exceeded the Machinery industry 19.6%.
Return on Equity
High ROE: PPK's Return on Equity (15.3%) is considered low.
Next Steps
Financial Health
How is PPK Group's financial position?
Financial Position Analysis
Short Term Liabilities: PPK's short term assets (A$24.7M) exceed its short term liabilities (A$7.7M).
Long Term Liabilities: PPK's short term assets (A$24.7M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: PPK's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: PPK's debt to equity ratio has reduced from 34.5% to 0.3% over the past 5 years.
Debt Coverage: PPK's debt is well covered by operating cash flow (2141.4%).
Interest Coverage: Insufficient data to determine if PPK's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is PPK Group current dividend yield, its reliability and sustainability?
0.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPK's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.06%).
High Dividend: PPK's dividend (0.33%) is low compared to the top 25% of dividend payers in the Australian market (4.99%).
Stability and Growth of Payments
Stable Dividend: PPK is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: PPK is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PPK is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PPK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.3yrs
Average board tenure
CEO
PPK Group has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.25yrs | AU$240.00k | 4.64% A$ 24.8m | |
| Executive Director | 26.08yrs | AU$240.00k | 16.55% A$ 88.3m | |
| Director of Global Mining & Executive Director | 5.75yrs | AU$436.11k | 3.44% A$ 18.4m | |
| Independent Non-Executive Director | 3.33yrs | AU$282.78k | 0.46% A$ 2.5m | |
| Non-Executive Director | 9.42yrs | AU$40.00k | 11.06% A$ 59.0m |
7.3yrs
Average Tenure
62yo
Average Age
Experienced Board: PPK's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.
Top Shareholders
Company Information
PPK Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PPK Group Limited
- Ticker: PPK
- Exchange: ASX
- Founded: 1979
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: AU$533.664m
- Shares outstanding: 88.36m
- Website: https://www.ppkgroup.com.au
Number of Employees
Location
- PPK Group Limited
- 10 Eagle Street
- Level 27
- Brisbane
- Queensland
- 4000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PPK | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1995 |
| PPK | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1995 |
| PLPK.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1995 |
Biography
PPK Group Limited, together with its subsidiaries, engages in designing, manufacturing, distributing, hiring, servicing, and supporting underground coal mining equipment in Australia. The company offers al...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 07:03 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.