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PDN

Paladin EnergyASX:PDN Stock Report

Market Cap

AU$2.6b

7D

2.1%

1Y

672.0%

Updated

25 Oct, 2021

Data

Company Financials +
PDN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PDN Overview

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

Paladin Energy Competitors

Energy Resources of Australia

ASX:ERA

AU$1.6b

Boss Energy

ASX:BOE

AU$683.5m

Deep Yellow

ASX:DYL

AU$372.8m

Vimy Resources

ASX:VMY

AU$277.3m

Price History & Performance

Summary of all time highs, changes and price drops for Paladin Energy
Historical stock prices
Current Share PriceAU$0.96
52 Week HighAU$0.12
52 Week LowAU$1.12
Beta0.85
1 Month Change16.27%
3 Month Change96.94%
1 Year Change672.00%
3 Year Change484.85%
5 Year Change642.31%
Change since IPO467.67%

Recent News & Updates

Feb 17
Paladin Energy Limited's (ASX:PDN) Intrinsic Value Is Potentially 99% Above Its Share Price

Paladin Energy Limited's (ASX:PDN) Intrinsic Value Is Potentially 99% Above Its Share Price

In this article we are going to estimate the intrinsic value of Paladin Energy Limited ( ASX:PDN ) by taking the...

Shareholder Returns

PDNAU Oil and GasAU Market
7D2.1%-4.1%0.6%
1Y672.0%41.3%21.3%

Return vs Industry: PDN exceeded the Australian Oil and Gas industry which returned 41.3% over the past year.

Return vs Market: PDN exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is PDN's price volatile compared to industry and market?
PDN volatility
PDN Beta0.85
Industry Beta1.29
Market Beta1

Stable Share Price: PDN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: PDN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1993n/aIan Purdyhttps://www.paladinenergy.com.au

Paladin Energy Limited develops and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia.

Paladin Energy Fundamentals Summary

How do Paladin Energy's earnings and revenue compare to its market cap?
PDN fundamental statistics
Market CapUS$1.94b
Earnings (TTM)-US$43.98m
Revenue (TTM)US$2.99m

651.7x

P/S Ratio

-44.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PDN income statement (TTM)
RevenueUS$2.99m
Cost of RevenueUS$5.98m
Gross Profit-US$3.00m
ExpensesUS$40.98m
Earnings-US$43.98m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin-100.47%
Net Profit Margin-1,473.47%
Debt/Equity Ratio27.9%

How did PDN perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PDN (A$0.97) is trading below our estimate of fair value (A$8.62)

Significantly Below Fair Value: PDN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PDN is unprofitable, so we can't compare its PE Ratio to the Australian 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 overvalued based on its PB Ratio (6.8x) compared to the AU Oil and Gas industry average (2.6x).


Future Growth

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

67.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: PDN is forecast to have no revenue next year.

High Growth Revenue: PDN is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PDN's Return on Equity is forecast to be high in 3 years time (34.7%)


Past Performance

How has Paladin Energy performed over the past 5 years?

23.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PDN is currently unprofitable.

Growing Profit Margin: PDN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PDN is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% 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 (-50.5%).


Return on Equity

High ROE: PDN has a negative Return on Equity (-23.61%), as it is currently unprofitable.


Financial Health

How is Paladin Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PDN's short term assets ($40.0M) exceed its short term liabilities ($2.9M).

Long Term Liabilities: PDN's short term assets ($40.0M) do not cover its long term liabilities ($111.6M).


Debt to Equity History and Analysis

Debt Level: PDN's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: PDN's debt to equity ratio has reduced from 885.6% to 27.9% 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: PDN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PDN has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.1% each year.


Dividend

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

4.49%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PDN'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 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

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

0.6yrs

Average management tenure


CEO

Ian Purdy (55 yo)

1.67yrs

Tenure

US$1,040,957

Compensation

Mr. Ian Frank Purdy, B.Com, FCA, FAICD, has been the Chief Executive Officer at Paladin Energy Limited since February 4, 2020. Mr. Purdy served as Chief Financial Officer at Quadrant Energy Australia Limit...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD1.04M) is about average for companies of similar size in the Australian market ($USD1.40M).

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


Leadership Team

Experienced Management: PDN's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: PDN's board of directors are not considered experienced ( 0.4 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: 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 been diluted in the past year, with total shares outstanding growing by 32.1%.


Top Shareholders

Company Information

Paladin Energy Limited's 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$2.584b
  • Shares outstanding: 2.68b
  • Website: https://www.paladinenergy.com.au

Number of Employees


Location

  • Paladin Energy Limited
  • 191 St Georges Terrace
  • Level 8
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:40
End of Day Share Price2021/10/25 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.