| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
PFP Overview
Propel Funeral Partners Limited provides death care services in Australia and New Zealand.
Propel Funeral Partners Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$4.17 |
| 52 Week High | AU$2.77 |
| 52 Week Low | AU$4.45 |
| Beta | 0.82 |
| 1 Month Change | 5.57% |
| 3 Month Change | 13.62% |
| 1 Year Change | 41.36% |
| 3 Year Change | 57.36% |
| 5 Year Change | n/a |
| Change since IPO | 26.36% |
Recent News & Updates
An Intrinsic Calculation For Propel Funeral Partners Limited (ASX:PFP) Suggests It's 22% Undervalued
Today we will run through one way of estimating the intrinsic value of Propel Funeral Partners Limited ( ASX:PFP ) by...
Should Propel Funeral Partners Limited (ASX:PFP) Be Part Of Your Dividend Portfolio?
Dividend paying stocks like Propel Funeral Partners Limited ( ASX:PFP ) tend to be popular with investors, and for good...
Shareholder Returns
| PFP | AU Consumer Services | AU Market | |
|---|---|---|---|
| 7D | -3.2% | 3.6% | 1.7% |
| 1Y | 41.4% | 64.3% | 20.3% |
Return vs Industry: PFP underperformed the Australian Consumer Services industry which returned 64.3% over the past year.
Return vs Market: PFP exceeded the Australian Market which returned 20.3% over the past year.
Price Volatility
| PFP volatility | |
|---|---|
| PFP Beta | 0.82 |
| Industry Beta | 0.95 |
| Market Beta | 1 |
Stable Share Price: PFP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PFP's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Albin Kurti | https://www.propelfuneralpartners.com.au |
Propel Funeral Partners Limited provides death care services in Australia and New Zealand. It is involved in the collection and transfer of the deceased; provision of mortuary services; and arrangement and conducting a funeral, cremation, burial, and memorialization activities. As of June 30, 2021, the company owned and operated 136 properties comprising 77 owned and 59 leased, which included 32 cremation facilities and 9 cemeteries.
Propel Funeral Partners Fundamentals Summary
| PFP fundamental statistics | |
|---|---|
| Market Cap | AU$426.62m |
| Earnings (TTM) | AU$14.44m |
| Revenue (TTM) | AU$120.44m |
29.5x
P/E Ratio3.5x
P/S RatioIs PFP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFP income statement (TTM) | |
|---|---|
| Revenue | AU$120.44m |
| Cost of Revenue | AU$33.68m |
| Gross Profit | AU$86.76m |
| Expenses | AU$72.32m |
| Earnings | AU$14.44m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 72.03% |
| Net Profit Margin | 11.99% |
| Debt/Equity Ratio | 46.4% |
How did PFP perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield81%
Payout RatioValuation
Is Propel Funeral Partners undervalued compared to its fair value and its price relative to the market?
20.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PFP (A$4.17) is trading below our estimate of fair value (A$5.29)
Significantly Below Fair Value: PFP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFP is poor value based on its PE Ratio (29.5x) compared to the Australian Consumer Services industry average (28.9x).
PE vs Market: PFP is poor value based on its PE Ratio (29.5x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: PFP is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: PFP is good value based on its PB Ratio (2.3x) compared to the AU Consumer Services industry average (2.6x).
Future Growth
How is Propel Funeral Partners forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFP's forecast earnings growth (16.3% per year) is above the savings rate (1.9%).
Earnings vs Market: PFP's earnings (16.3% per year) are forecast to grow faster than the Australian market (11.7% per year).
High Growth Earnings: PFP's earnings are forecast to grow, but not significantly.
Revenue vs Market: PFP's revenue (9.4% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: PFP's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PFP's Return on Equity is forecast to be low in 3 years time (8.9%).
Past Performance
How has Propel Funeral Partners performed over the past 5 years?
49.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFP has high quality earnings.
Growing Profit Margin: PFP's current net profit margins (12%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: PFP's earnings have grown significantly by 49.5% per year over the past 5 years.
Accelerating Growth: PFP's earnings growth over the past year (35.9%) is below its 5-year average (49.5% per year).
Earnings vs Industry: PFP earnings growth over the past year (35.9%) underperformed the Consumer Services industry 43.2%.
Return on Equity
High ROE: PFP's Return on Equity (7.7%) is considered low.
Financial Health
How is Propel Funeral Partners's financial position?
Financial Position Analysis
Short Term Liabilities: PFP's short term assets (A$64.5M) do not cover its short term liabilities (A$84.6M).
Long Term Liabilities: PFP's short term assets (A$64.5M) do not cover its long term liabilities (A$115.8M).
Debt to Equity History and Analysis
Debt Level: PFP's debt to equity ratio (46.4%) is considered high.
Reducing Debt: Insufficient data to determine if PFP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PFP's debt is well covered by operating cash flow (31.3%).
Interest Coverage: PFP's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
Dividend
What is Propel Funeral Partners's current dividend yield, its reliability and sustainability?
2.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFP's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: PFP's dividend (2.82%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PFP has been paying a dividend for less than 10 years.
Growing Dividend: PFP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81%), PFP's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PFP's dividends in 3 years are forecast to be covered by earnings (74.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average board tenure
CEO
Albin Kurti
no data
Tenure
Mr. Albin Kurti serves as Group CEO at Propel Funeral Partners Limited since July 26, 2021. He is a Co-Founder of Deutsche Bank AG, Investment Arm and serves as its Managing Director. He is Managing Direct...
Board Members
Experienced Board: PFP's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PFP 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 diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Propel Funeral Partners Limited's employee growth, exchange listings and data sources
Key Information
- Name: Propel Funeral Partners Limited
- Ticker: PFP
- Exchange: ASX
- Founded: 2012
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: AU$426.617m
- Shares outstanding: 102.31m
- Website: https://www.propelfuneralpartners.com.au
Number of Employees
Location
- Propel Funeral Partners Limited
- 135 King Street
- Level 18.03
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 15:54 |
| End of Day Share Price | 2021/10/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.