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PGL

Prospa Group ASX:PGL Stock Report

Last Price

AU$0.59

Market Cap

AU$96.3m

7D

-3.3%

1Y

-28.0%

Updated

26 Jun, 2022

Data

Company Financials +
PGL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PGL Stock Overview

Prospa Group Limited, a financial technology company, operates as an online lender in Australia.

Prospa Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prospa Group
Historical stock prices
Current Share PriceAU$0.59
52 Week HighAU$1.25
52 Week LowAU$0.55
Beta2.12
1 Month Change-20.27%
3 Month Change-31.40%
1 Year Change-28.05%
3 Year Change-83.75%
5 Year Changen/a
Change since IPO-86.77%

Recent News & Updates

Shareholder Returns

PGLAU Consumer FinanceAU Market
7D-3.3%-0.4%1.4%
1Y-28.0%-60.0%-11.3%

Return vs Industry: PGL exceeded the Australian Consumer Finance industry which returned -60% over the past year.

Return vs Market: PGL underperformed the Australian Market which returned -11.3% over the past year.

Price Volatility

Is PGL's price volatile compared to industry and market?
PGL volatility
PGL Average Weekly Movement7.6%
Consumer Finance Industry Average Movement7.9%
Market Average Movement9.7%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.2%

Stable Share Price: PGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PGL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012230Greg Moshalhttps://www.prospa.com

Prospa Group Limited, a financial technology company, operates as an online lender in Australia. The company offers small business loans and business line of credits, as well as short term loans to small businesses. It serves art and lifestyle, building and trade, financial services, hair and beauty, health, hospitality, manufacturing, professional services, retail, transport, wholesaling, and other industries.

Prospa Group Fundamentals Summary

How do Prospa Group's earnings and revenue compare to its market cap?
PGL fundamental statistics
Market CapAU$96.28m
Earnings (TTM)-AU$856.00k
Revenue (TTM)AU$85.40m

1.1x

P/S Ratio

-112.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PGL income statement (TTM)
RevenueAU$85.40m
Cost of RevenueAU$34.94m
Gross ProfitAU$50.46m
Other ExpensesAU$51.32m
Earnings-AU$856.00k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0052
Gross Margin59.09%
Net Profit Margin-1.00%
Debt/Equity Ratio353.4%

How did PGL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PGL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PGL?

Other financial metrics that can be useful for relative valuation.

PGL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does PGL's PB Ratio compare to its peers?

PGL PB Ratio vs Peers
The above table shows the PB ratio for PGL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.4x
HMY Harmoney
1.2x95.5%AU$78.8m
CCV Cash Converters International
0.5xn/aAU$144.3m
FSA FSA Group
1.5xn/aAU$132.2m
MME MoneyMe
6.6x83.6%AU$147.5m
PGL Prospa Group
0.7x66.0%AU$96.3m

Price-To-Book vs Peers: PGL is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (2.4x).


Price to Earnings Ratio vs Industry

How does PGL's PE Ratio compare vs other companies in the Oceanian Consumer Finance Industry?

Price-To-Book vs Industry: PGL is good value based on its Price-To-Book Ratio (0.7x) compared to the Global Consumer Finance industry average (0.9x)


Price to Book Ratio vs Fair Ratio

What is PGL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PGL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PGL's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PGL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PGL's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

How is Prospa Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


66.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: PGL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PGL is expected to become profitable in the next 3 years.

Revenue vs Market: PGL's revenue (21.8% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: PGL's revenue (21.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PGL's Return on Equity is forecast to be low in 3 years time (6.5%).


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Past Performance

How has Prospa Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-20.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PGL is currently unprofitable.

Growing Profit Margin: PGL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGL is unprofitable, and losses have increased over the past 5 years at a rate of 20.1% per year.

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

Earnings vs Industry: PGL is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (81.3%).


Return on Equity

High ROE: PGL has a negative Return on Equity (-0.64%), as it is currently unprofitable.


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Financial Health

How is Prospa Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PGL's short term assets (A$597.7M) exceed its short term liabilities (A$47.8M).

Long Term Liabilities: PGL's short term assets (A$597.7M) exceed its long term liabilities (A$451.8M).


Debt to Equity History and Analysis

Debt Level: PGL's net debt to equity ratio (269.5%) is considered high.

Reducing Debt: Insufficient data to determine if PGL's debt to equity ratio has reduced 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: Whilst unprofitable PGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PGL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.9% per year.


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Dividend

What is Prospa Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate PGL'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 PGL's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PGL has not reported any payouts.


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Management

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

4.1yrs

Average board tenure


CEO

Greg Moshal

no data

Tenure

AU$1,384,563

Compensation

Mr. Gregory Moshal, also known as Greg, is a Co-Founder of Prospa Group Limited and serves as its Chief Executive Officer. He serves as Chief Executive Officer at Prospa Advance Pty Ltd since 2021 and serv...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD962.30K) is above average for companies of similar size in the Australian market ($USD288.24K).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: PGL'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: 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

Prospa Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Prospa Group Limited
  • Ticker: PGL
  • Exchange: ASX
  • Founded: 2012
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: AU$96.281m
  • Shares outstanding: 163.19m
  • Website: https://www.prospa.com

Number of Employees


Location

  • Prospa Group Limited
  • 4-16 Yurong Street
  • Level 1
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
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.