PTB Group Limited, together with its subsidiaries, engages in the aviation business in Australia, Papua New Guinea, New Zealand, the Pacific Islands, North and South America, Asia, Africa, and Europe.
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Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.92|
|52 Week High||AU$0.65|
|52 Week Low||AU$1.06|
|1 Month Change||-8.04%|
|3 Month Change||25.34%|
|1 Year Change||35.56%|
|3 Year Change||57.76%|
|5 Year Change||83.00%|
|Change since IPO||-63.55%|
Recent News & Updates
Group (ASX:PTB) Is Increasing Its Dividend To AU$0.05
PTB Group Limited ( ASX:PTB ) will increase its dividend on the 29th of October to AU$0.05. This makes the dividend...
Group's (ASX:PTB) Dividend Will Be Increased To AU$0.05
The board of PTB Group Limited ( ASX:PTB ) has announced that it will be increasing its dividend on the 29th of October...
Group (ASX:PTB) Is Increasing Its Dividend To AU$0.05
PTB Group Limited ( ASX:PTB ) has announced that it will be increasing its dividend on the 29th of October to AU$0.05...
|PTB||AU Aerospace & Defense||AU Market|
Return vs Industry: PTB exceeded the Australian Aerospace & Defense industry which returned -37.2% over the past year.
Return vs Market: PTB exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: PTB is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PTB's weekly volatility (5%) has been stable over the past year.
About the Company
PTB Group Limited, together with its subsidiaries, engages in the aviation business in Australia, Papua New Guinea, New Zealand, the Pacific Islands, North and South America, Asia, Africa, and Europe. It operates through four segments: PTB, PT USA, PT Leasing, and IAP. The company repairs and overhauls Pratt & Whitney PT6A/PT6T, Honeywell TPE331/T53, and Bell Drivetrain turbine engines; provides engine maintenance contracts; and trades in aircraft airframes, turbine engines, and related parts.
Group Fundamentals Summary
|PTB fundamental statistics|
Is PTB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PTB income statement (TTM)|
|Cost of Revenue||AU$43.00m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||15.02%|
How did PTB perform over the long term?See historical performance and comparison
5.5%Current Dividend Yield
Is Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PTB (A$0.92) is trading below our estimate of fair value (A$1.17)
Significantly Below Fair Value: PTB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PTB is good value based on its PE Ratio (9.1x) compared to the Global Aerospace & Defense industry average (31.6x).
PE vs Market: PTB is good value based on its PE Ratio (9.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: PTB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PTB is good value based on its PB Ratio (1.2x) compared to the AU Aerospace & Defense industry average (1.7x).
How is Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTB's earnings are forecast to decline over the next 3 years (-10.8% per year).
Earnings vs Market: PTB's earnings are forecast to decline over the next 3 years (-10.8% per year).
High Growth Earnings: PTB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PTB's revenue (9.9% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: PTB's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PTB's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTB has a large one-off gain of A$5.8M impacting its June 30 2021 financial results.
Growing Profit Margin: PTB's current net profit margins (15%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: PTB's earnings have grown significantly by 32.9% per year over the past 5 years.
Accelerating Growth: PTB's earnings growth over the past year (218.5%) exceeds its 5-year average (32.9% per year).
Earnings vs Industry: PTB earnings growth over the past year (218.5%) exceeded the Aerospace & Defense industry 22.9%.
Return on Equity
High ROE: PTB's Return on Equity (13.7%) is considered low.
How is Group's financial position?
Financial Position Analysis
Short Term Liabilities: PTB's short term assets (A$99.5M) exceed its short term liabilities (A$27.2M).
Long Term Liabilities: PTB's short term assets (A$99.5M) exceed its long term liabilities (A$28.6M).
Debt to Equity History and Analysis
Debt Level: PTB's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: PTB's debt to equity ratio has reduced from 36.3% to 27.4% over the past 5 years.
Debt Coverage: PTB's debt is well covered by operating cash flow (28.5%).
Interest Coverage: PTB's interest payments on its debt are well covered by EBIT (8.5x coverage).
What is Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PTB's dividend (5.46%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: PTB's dividend (5.46%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: PTB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTB has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.6%), PTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PTB's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Smith (63 yo)
Mr. Stephen Garry Smith has been Managing Director of PTB Group Limited since May 1, 2017 and serves as its Chief Executive Officer. He is Founder of PTB Group Limited. Mr. Smith serves as Executive Direct...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD556.67K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.
Experienced Management: PTB's management team is considered experienced (4.5 years average tenure).
Experienced Board: PTB's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PTB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PTB Group Limited's employee growth, exchange listings and data sources
- Name: PTB Group Limited
- Ticker: PTB
- Exchange: ASX
- Founded: 2001
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: AU$116.391m
- Shares outstanding: 127.20m
- Website: https://www.pacificturbine.com.au
- PTB Group Limited
- 22 Orient Avenue
- P.O Box 90
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:08|
|End of Day Share Price||2021/10/18 00:00|
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.