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PYR

PayrightASX:PYR Stock Report

Market Cap

AU$34.3m

7D

11.6%

1Y

n/a

Updated

20 Oct, 2021

Data

Company Financials
PYR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PYR Overview

Payright Limited provides in-store credit, point of sale, and online buy now pay later payment options at participating merchants and retailers in Australia and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Payright
Historical stock prices
Current Share PriceAU$0.39
52 Week HighAU$0.34
52 Week LowAU$1.22
Beta0
1 Month Change-3.75%
3 Month Change-24.51%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-62.98%

Recent News & Updates

Shareholder Returns

PYRAU Consumer FinanceAU Market
7D11.6%4.1%1.7%
1Yn/a12.5%20.2%

Return vs Industry: Insufficient data to determine how PYR performed against the Australian Consumer Finance industry.

Return vs Market: Insufficient data to determine how PYR performed against the Australian Market.

Price Volatility

Is PYR's price volatile compared to industry and market?
PYR volatility
PYR Beta0
Industry Beta1.97
Market Beta1

Stable Share Price: PYR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PYR's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/aMyles Redwardhttps://www.payright.com.au

Payright Limited provides in-store credit, point of sale, and online buy now pay later payment options at participating merchants and retailers in Australia and New Zealand. It serves retail, home improvement, health and beauty, photography, education, and automotive sectors. The company was formerly known as Devizo Pty Ltd.

Payright Fundamentals Summary

How do Payright's earnings and revenue compare to its market cap?
PYR fundamental statistics
Market CapAU$34.30m
Earnings (TTM)-AU$12.73m
Revenue (TTM)AU$12.17m

2.8x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PYR income statement (TTM)
RevenueAU$12.17m
Cost of RevenueAU$8.87m
Gross ProfitAU$3.30m
ExpensesAU$16.04m
Earnings-AU$12.73m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin27.13%
Net Profit Margin-104.60%
Debt/Equity Ratio283.3%

How did PYR perform over the long term?

See historical performance and comparison

Valuation

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

1.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PYR's PB Ratio (1.9x) is in line with the AU Consumer Finance industry average.


Future Growth

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

49.9%

Forecasted Diversified Financials 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 Payright 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 Payright performed over the past 5 years?

-69.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PYR is currently unprofitable.

Growing Profit Margin: PYR is currently unprofitable.


Past Earnings Growth Analysis

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

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

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


Return on Equity

High ROE: PYR has a negative Return on Equity (-71.36%), as it is currently unprofitable.


Financial Health

How is Payright's financial position?


Financial Position Analysis

Short Term Liabilities: PYR's short term assets (A$52.1M) exceed its short term liabilities (A$20.5M).

Long Term Liabilities: PYR's short term assets (A$52.1M) exceed its long term liabilities (A$34.0M).


Debt to Equity History and Analysis

Debt Level: PYR's debt to equity ratio (283.3%) is considered high.

Reducing Debt: Insufficient data to determine if PYR'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: PYR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PYR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.9% each year


Dividend

What is Payright current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.9yrs

Average board tenure


CEO

Myles Redward

6.75yrs

Tenure

Mr. Myles Redward is a Co-Founder, Director and Joint CEO at Payright Limited (formerly known as PayRight) Limited since 2015. He has experiences in credit and risk for major corporations including Moody’s...


Board Members

Experienced Board: PYR's board of directors are not considered experienced ( 2.9 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: PYR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: PYR only recently listed within the past 12 months.


Top Shareholders

Company Information

Payright Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Payright Limited
  • Ticker: PYR
  • Exchange: ASX
  • Founded: 2015
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$34.304m
  • Shares outstanding: 89.10m
  • Website: https://www.payright.com.au

Location

  • Payright Limited
  • 787-789 Toorak Road
  • Level 2
  • Hawthorn East
  • Victoria
  • 3123
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:35
End of Day Share Price2021/10/20 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.