ASX:PDN

Stock Analysis Report

Executive Summary

Paladin Energy Limited develops and operates uranium mines in Australia, Canada, and Africa.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Paladin Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.2%

PDN

0.8%

AU Oil and Gas

0.4%

AU Market


1 Year Return

-56.1%

PDN

3.6%

AU Oil and Gas

14.8%

AU Market

Return vs Industry: PDN underperformed the Australian Oil and Gas industry which returned 3.6% over the past year.

Return vs Market: PDN underperformed the Australian Market which returned 14.8% over the past year.


Shareholder returns

PDNIndustryMarket
7 Day-2.2%0.8%0.4%
30 Day-4.3%3.3%0.4%
90 Day-28.0%10.7%4.6%
1 Year-56.1%-56.1%7.8%3.6%21.4%14.8%
3 Year-10.0%-10.0%20.9%8.2%40.2%21.4%
5 Year-74.2%-76.9%-0.2%-18.3%54.5%19.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PDN is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

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


Price to Book Ratio

PB vs Industry: PDN is good value based on its PB Ratio (0.5x) compared to the AU Oil and Gas industry average (1.3x).


Next Steps

Future Growth

How is Paladin Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

8.3%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PDN's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if PDN's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if PDN's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if PDN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PDN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Paladin Energy performed over the past 5 years?

35.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PDN has high quality earnings.

Growing Profit Margin: PDN's current net profit margins (-169.7%) are lower than last year (525.8%).


Past Earnings Growth Analysis

Earnings Trend: PDN is unprofitable, but has reduced losses over the past 5 years at a rate of 35.3% per year.

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

Earnings vs Industry: PDN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (68.1%).


Return on Equity

High ROE: PDN has a negative Return on Equity (-64.1%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Paladin Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PDN's short term assets ($44.8M) do not cover its short term liabilities ($45.6M)

Long Term Liabilities: PDN's short term assets (44.8M) do not cover its long term liabilities (252.5M)


Debt to Equity History and Analysis

Debt Level: PDN's debt to equity ratio (282.4%) is considered high

Reducing Debt: PDN's debt to equity ratio has increased from 168.1% to 282.4% over the past 5 years.


Balance Sheet

Inventory Level: PDN has a high level of physical assets or inventory.

Debt Coverage by Assets: PDN's debt is not covered by short term assets (assets are 0.2x debt).


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: PDN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PDN has sufficient cash runway for 1.191700 years if free cash flow continues to reduce at historical rates of -22.8% each year.


Next Steps

Dividend

What is Paladin Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate PDN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PDN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PDN'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 PDN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Paladin Energy's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Scott Sullivan 0

1.3yrs

Tenure

US$509,471

Compensation

Mr. Scott Sullivan, (BE Mining (Hons 1), MBA, FAusIMM, GAICD), has been Chief Executive Officer of Paladin Energy Limited since July 1, 2018. Mr. Sullivan served as Chief Executive Officer of Attila Resour ...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD509.47K) is above average for companies of similar size in the Australian market ($USD258.27K).

Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.


Management Age and Tenure

1.0yrs

Average Tenure

Experienced Management: PDN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: PDN's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

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Ownership Breakdown

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


Management Team

  • Karen Oswald

    Senior Manager

    • Tenure: 0yrs
  • Anna Sudlow

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Scott Sullivan

    Chief Executive Officer

    • Tenure: 1.3yrs
    • Compensation: US$509.47k
  • Andrea Betti

    Company Secretary

    • Tenure: 1.6yrs
  • Michael Drake

    General Manager of Business Development & Projects

    • Tenure: 0.8yrs

Board Members

  • John Hodder (56yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: US$57.18k
  • Dave Riekie (56yo)

    Deputy Chairman

    • Tenure: 0.8yrs
    • Compensation: US$57.18k
  • Cliff Lawrenson (57yo)

    Non-Executive Chairman

    • Tenure: 0.08yrs
  • Dale Harris (65yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: US$57.18k

Company Information

Paladin Energy Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Paladin Energy Limited
  • Ticker: PDN
  • Exchange: ASX
  • Founded: 1993
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$182.510m
  • Shares outstanding: 2.03b
  • Website: https://www.paladinenergy.com.au

Number of Employees


Location

  • Paladin Energy Limited
  • 502 Hay Street
  • Level 4
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PALA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 1994
PURDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1994
PDNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 1994
PDNNMSE (Namibian Stock Exchange)YesOrdinary SharesNAZARApr 1994
PDNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 1994

Biography

Paladin Energy Limited develops and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, Malawi, and Australia segments. Its flagship project is the L ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 10:33
End of Day Share Price2019/11/13 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.