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PG1

Pearl GlobalASX:PG1 Stock Report

Market Cap

AU$18.3m

7D

-5.6%

1Y

-69.1%

Updated

15 Oct, 2021

Data

Company Financials
PG1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PG1 Overview

Pearl Global Limited, a clean conversion technology company, converts tires into secondary products.

Price History & Performance

Summary of all time highs, changes and price drops for Pearl Global
Historical stock prices
Current Share PriceAU$0.034
52 Week HighAU$0.027
52 Week LowAU$0.12
Beta0.32
1 Month Change-2.86%
3 Month Change-24.44%
1 Year Change-69.09%
3 Year Change-83.00%
5 Year Changen/a
Change since IPO-87.41%

Recent News & Updates

Feb 12
What We Learned About Pearl Global's (ASX:PG1) CEO Compensation

What We Learned About Pearl Global's (ASX:PG1) CEO Compensation

This article will reflect on the compensation paid to Andrew Drennan who has served as CEO of Pearl Global Limited...

Shareholder Returns

PG1AU Commercial ServicesAU Market
7D-5.6%-3.4%0.1%
1Y-69.1%6.2%19.3%

Return vs Industry: PG1 underperformed the Australian Commercial Services industry which returned 6.2% over the past year.

Return vs Market: PG1 underperformed the Australian Market which returned 19.3% over the past year.

Price Volatility

Is PG1's price volatile compared to industry and market?
PG1 volatility
PG1 Beta0.32
Industry Beta0.91
Market Beta1

Stable Share Price: PG1 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: PG1's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.pearlglobal.com.au

Pearl Global Limited, a clean conversion technology company, converts tires into secondary products. It converts tires into fuel oil, steel, carbon char, and energy. The company is based in Stapylton, Australia.

Pearl Global Fundamentals Summary

How do Pearl Global's earnings and revenue compare to its market cap?
PG1 fundamental statistics
Market CapAU$18.35m
Earnings (TTM)-AU$7.75m
Revenue (TTM)AU$2.18m

8.4x

P/S Ratio

-2.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PG1 income statement (TTM)
RevenueAU$2.18m
Cost of RevenueAU$5.96m
Gross Profit-AU$3.78m
ExpensesAU$3.96m
Earnings-AU$7.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin-173.50%
Net Profit Margin-355.16%
Debt/Equity Ratio24.8%

How did PG1 perform over the long term?

See historical performance and comparison

Valuation

Is Pearl Global undervalued compared to its fair value and its price relative to the market?

2.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PG1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PG1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PG1 is unprofitable, so we can't compare its PE Ratio to the Australian Commercial Services industry average.

PE vs Market: PG1 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PG1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PG1 is overvalued based on its PB Ratio (3x) compared to the AU Commercial Services industry average (2.6x).


Future Growth

How is Pearl Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

Forecasted Commercial Services 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 Pearl Global 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.


Past Performance

How has Pearl Global performed over the past 5 years?

-28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PG1 is currently unprofitable.

Growing Profit Margin: PG1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PG1 is unprofitable, and losses have increased over the past 5 years at a rate of 28% per year.

Accelerating Growth: Unable to compare PG1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PG1 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (7.9%).


Return on Equity

High ROE: PG1 has a negative Return on Equity (-125.57%), as it is currently unprofitable.


Financial Health

How is Pearl Global's financial position?


Financial Position Analysis

Short Term Liabilities: PG1's short term assets (A$4.9M) exceed its short term liabilities (A$2.6M).

Long Term Liabilities: PG1's short term assets (A$4.9M) exceed its long term liabilities (A$3.4M).


Debt to Equity History and Analysis

Debt Level: PG1's debt to equity ratio (24.8%) is considered satisfactory.

Reducing Debt: PG1's debt to equity ratio has increased from 0.6% to 24.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PG1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PG1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year


Dividend

What is Pearl Global current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PG1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PG1's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PG1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PG1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PG1'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?

0.8yrs

Average management tenure


CEO

Pearl Global has no CEO, or we have no data on them.


Leadership Team

Experienced Management: PG1's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PG1's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PG1 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 80%.


Top Shareholders

Company Information

Pearl Global Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pearl Global Limited
  • Ticker: PG1
  • Exchange: ASX
  • Founded: NaN
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: AU$18.349m
  • Shares outstanding: 539.68m
  • Website: https://www.pearlglobal.com.au

Location

  • Pearl Global Limited
  • 63 Burnside Road
  • Unit 19
  • Stapylton
  • Queensland
  • 4027
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 07:03
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.