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PLT

Plenti GroupASX:PLT Stock Report

Market Cap

AU$228.4m

7D

-7.5%

1Y

13.4%

Updated

18 Oct, 2021

Data

Company Financials +
PLT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PLT Overview

Plenti Group Limited engages in the consumer fintech and investment business in Australia.

Rewards

Earnings are forecast to grow 59.76% per year

Revenue grew by 36.4% over the past year

Risk Analysis

No risks detected for PLT from our risk checks.

Plenti Group Competitors

Zip Co

ASX:Z1P

AU$3.8b

MoneyMe

ASX:MME

AU$339.5m

Afterpay

ASX:APT

AU$35.1b

Price History & Performance

Summary of all time highs, changes and price drops for Plenti Group
Historical stock prices
Current Share PriceAU$1.35
52 Week HighAU$0.91
52 Week LowAU$1.69
Beta0
1 Month Change-5.59%
3 Month Change-15.63%
1 Year Change13.45%
3 Year Changen/a
5 Year Changen/a
Change since IPO3.85%

Recent News & Updates

Feb 22
The CEO & Executive Director of Plenti Group Limited (ASX:PLT), Daniel Foggo, Just Bought 8.5% More Shares

The CEO & Executive Director of Plenti Group Limited (ASX:PLT), Daniel Foggo, Just Bought 8.5% More Shares

Investors who take an interest in Plenti Group Limited ( ASX:PLT ) should definitely note that the CEO & Executive...

Feb 14
What Kind Of Investors Own Most Of Plenti Group Limited (ASX:PLT)?

What Kind Of Investors Own Most Of Plenti Group Limited (ASX:PLT)?

If you want to know who really controls Plenti Group Limited ( ASX:PLT ), then you'll have to look at the makeup of its...

Shareholder Returns

PLTAU Consumer FinanceAU Market
7D-7.5%-0.4%0.9%
1Y13.4%10.8%20.2%

Return vs Industry: PLT exceeded the Australian Consumer Finance industry which returned 10.8% over the past year.

Return vs Market: PLT underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PLT's price volatile compared to industry and market?
PLT volatility
PLT Beta0
Industry Beta1.96
Market Beta1

Stable Share Price: PLT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PLT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aDaniel Foggohttps://www.plenti.com.au

Plenti Group Limited engages in the consumer fintech and investment business in Australia. It offers automotive, renewable energy, and personal loans, as well as consolidate debt, renovation, and legal finances. Plenti Group Limited was founded in 2014 and is headquartered in Sydney, Australia.

Plenti Group Fundamentals Summary

How do Plenti Group's earnings and revenue compare to its market cap?
PLT fundamental statistics
Market CapAU$228.36m
Earnings (TTM)-AU$15.09m
Revenue (TTM)AU$40.97m

5.6x

P/S Ratio

-15.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLT income statement (TTM)
RevenueAU$40.97m
Cost of RevenueAU$2.74m
Gross ProfitAU$38.23m
ExpensesAU$53.33m
Earnings-AU$15.09m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.089
Gross Margin93.32%
Net Profit Margin-36.84%
Debt/Equity Ratio1,370.1%

How did PLT perform over the long term?

See historical performance and comparison

Valuation

Is Plenti Group undervalued compared to its fair value and its price relative to the market?

4.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PLT is unprofitable, so we can't compare its PE Ratio to the Australian Consumer Finance industry average.

PE vs Market: PLT 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 PLT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PLT is overvalued based on its PB Ratio (5x) compared to the AU Consumer Finance industry average (1.8x).


Future Growth

How is Plenti Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

59.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

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

High Growth Earnings: PLT's is expected to become profitable in the next 3 years.

Revenue vs Market: PLT's revenue (27.8% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: PLT's revenue (27.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PLT's Return on Equity is forecast to be high in 3 years time (29.9%)


Past Performance

How has Plenti Group performed over the past 5 years?

7.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PLT is currently unprofitable.

Growing Profit Margin: PLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PLT's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: PLT is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (171.9%).


Return on Equity

High ROE: PLT has a negative Return on Equity (-32.85%), as it is currently unprofitable.


Financial Health

How is Plenti Group's financial position?


Financial Position Analysis

Short Term Liabilities: PLT's short term assets (A$688.1M) exceed its short term liabilities (A$13.6M).

Long Term Liabilities: PLT's short term assets (A$688.1M) exceed its long term liabilities (A$629.7M).


Debt to Equity History and Analysis

Debt Level: PLT's debt to equity ratio (1370.1%) is considered high.

Reducing Debt: Insufficient data to determine if PLT'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: PLT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PLT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PLT'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 PLT'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?

3.5yrs

Average management tenure


CEO

Daniel Foggo

7yrs

Tenure

AU$551,518

Compensation

Mr. Daniel Foggo serves as the Chief Executive Officer of Plenti Group Limited (formerly known as RateSetter Australia Pty Limited) since October 2014 and serves as its Executive Director since November 20...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD409.35K) is about average for companies of similar size in the Australian market ($USD556.28K).

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


Leadership Team

Experienced Management: PLT's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: PLT's board of directors are considered experienced (7.4 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

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


Key Information

  • Name: Plenti Group Limited
  • Ticker: PLT
  • Exchange: ASX
  • Founded: 2014
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$228.364m
  • Shares outstanding: 169.16m
  • Website: https://www.plenti.com.au

Location

  • Plenti Group Limited
  • 14 Martin Place
  • Level 5
  • 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 Analysis2021/10/18 15:36
End of Day Share Price2021/10/18 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.