ASX:GAP

Stock Analysis Report

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Executive Summary

Gale Pacific Limited, together with its subsidiaries, manufactures, markets, and distributes screening and shading products for domestic, commercial, and industrial applications. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Gale Pacific's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GAP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

GAP

-1.6%

AU Consumer Durables

-0.3%

AU Market


1 Year Return

-11.7%

GAP

56.9%

AU Consumer Durables

-6.9%

AU Market

Return vs Industry: GAP underperformed the Australian Consumer Durables industry which returned 56.9% over the past year.

Return vs Market: GAP underperformed the Australian Market which returned -6.9% over the past year.


Shareholder returns

GAPIndustryMarket
7 Day0%-1.6%-0.3%
30 Day10.4%9.3%3.7%
90 Day51.4%15.0%3.8%
1 Year-7.8%-11.7%59.8%56.9%-3.5%-6.9%
3 Year-18.1%-30.3%56.5%47.4%18.1%3.0%
5 Year25.1%-7.0%241.4%198.5%44.2%15.1%

Price Volatility Vs. Market

How volatile is Gale Pacific's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gale Pacific undervalued compared to its fair value and its price relative to the market?

19.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GAP (A$0.27) is trading above our estimate of fair value (A$0.11)

Significantly Below Fair Value: GAP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GAP's PE Ratio (19.8x) is in line with the AU Consumer Durables industry average.

PE vs Market: GAP is good value based on its PE Ratio (19.8x) compared to the Australian market (21.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GAP is good value based on its PB Ratio (0.8x) compared to the AU Consumer Durables industry average (3.2x).


Next Steps

Future Growth

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

18.7%

Forecasted Consumer Durables 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 Gale Pacific 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

Past Performance

How has Gale Pacific performed over the past 5 years?

-2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAP has high quality earnings.

Growing Profit Margin: GAP's current net profit margins (2.4%) are lower than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: GAP's earnings have declined by 2.4% per year over the past 5 years.

Accelerating Growth: GAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GAP had negative earnings growth (-59.5%) over the past year, making it difficult to compare to the Consumer Durables industry average (-1.8%).


Return on Equity

High ROE: GAP's Return on Equity (4.2%) is considered low.


Next Steps

Financial Health

How is Gale Pacific's financial position?


Financial Position Analysis

Short Term Liabilities: GAP's short term assets (A$118.3M) exceed its short term liabilities (A$56.2M).

Long Term Liabilities: GAP's short term assets (A$118.3M) exceed its long term liabilities (A$47.1M).


Debt to Equity History and Analysis

Debt Level: GAP's debt to equity ratio (48.8%) is considered high.

Reducing Debt: GAP's debt to equity ratio has increased from 35.2% to 48.8% over the past 5 years.

Debt Coverage: GAP's debt is not well covered by operating cash flow (16.6%).

Interest Coverage: GAP's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Gale Pacific current dividend yield, its reliability and sustainability?

3.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GAP's dividend (3.77%) is higher than the bottom 25% of dividend payers in the Australian market (2.09%).

High Dividend: GAP's dividend (3.77%) is low compared to the top 25% of dividend payers in the Australian market (5.45%).


Stability and Growth of Payments

Stable Dividend: GAP's dividend payments have been volatile in the past 10 years.

Growing Dividend: GAP's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (74.7%), GAP's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

John Marcantonio

0.92

Tenure

AU$623,621

Compensation

Mr. John Paul Marcantonio serves as Chief Executive Officer of Gale Pacific Limited since November 29, 2019 and serves as its Managing Director and Director since August 14, 2020. He serves as the Presiden ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD443.51K) is above average for companies of similar size in the Australian market ($USD277.63K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Marcantonio
CEO, MD & Director0.92yrAU$623.62kno data
Domenic Romanelli
Chief Financial Officer1.08yrsAU$353.41k0.096%
A$ 69.7k
Ali Haidar
General Manager of Middle East & North Africano dataAU$283.77k0.19%
A$ 136.8k
XinHua Zhang
General Manager of China Manufacturing4.33yrsAU$289.34kno data
Mark Nicholls
General Manager of Eurasiano dataAU$300.49kno data
Troy Mortleman
General Manager of Australia & New Zealand0.75yrAU$297.04kno data
Sophie Karzis
Company Secretary16.33yrsno datano data
Bruno Marotta
Senior Manager of Global Procurement & Logistics6yrsAU$217.90k0%
A$ 0

2.7yrs

Average Tenure

Experienced Management: GAP's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Marcantonio
CEO, MD & Director0.92yrAU$623.62kno data
Thomas Stianos
Non-Executive Director3yrsAU$95.40k0.22%
A$ 159.0k
David Allman
Non Executive Chairman10.92yrsAU$137.51k1.63%
A$ 1.2m
Peter D. Landos
Non-Executive Director6.42yrsAU$102.76kno data
Donna McMaster
Non-Executive Director2.58yrsAU$84.50k0.018%
A$ 13.3k

3.0yrs

Average Tenure

Experienced Board: GAP's board of directors are considered experienced (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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gale Pacific Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gale Pacific Limited
  • Ticker: GAP
  • Exchange: ASX
  • Founded: 1951
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: AU$72.979m
  • Shares outstanding: 275.39m
  • Website: https://www.galepacific.com

Number of Employees


Location

  • Gale Pacific Limited
  • 145 Woodlands Drive
  • Braeside
  • Victoria
  • 3195
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GAPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2000
GAPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2000

Biography

Gale Pacific Limited, together with its subsidiaries, manufactures, markets, and distributes screening and shading products for domestic, commercial, and industrial applications. The company offers fabrics ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 10:41
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.