ASX:PDN

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Mediocre 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

-4.2%

PDN

4.9%

AU Oil and Gas

5.0%

AU Market


1 Year Return

-4.2%

PDN

-30.6%

AU Oil and Gas

-10.3%

AU Market

Return vs Industry: PDN exceeded the Australian Oil and Gas industry which returned -30.8% over the past year.

Return vs Market: PDN exceeded the Australian Market which returned -9.4% over the past year.


Shareholder returns

PDNIndustryMarket
7 Day-4.2%4.9%5.0%
30 Day9.5%12.5%8.8%
90 Day40.2%-18.4%-9.9%
1 Year-4.2%-4.2%-27.6%-30.6%-6.6%-10.3%
3 Year139.6%139.6%-18.4%-28.1%11.1%-3.5%
5 Year-58.9%-58.9%-25.5%-39.2%28.9%1.1%

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?

0.73x

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 (0.7x) compared to the AU Oil and Gas industry average (1.1x).


Next Steps

Future Growth

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

0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PDN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PDN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PDN is forecast to remain unprofitable 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: PDN is forecast to have no revenue next 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?

32.1%

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 32.1% 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 (-16%).


Return on Equity

High ROE: PDN has a negative Return on Equity (-70.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is Paladin Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PDN's short term assets ($56.9M) exceed its short term liabilities ($44.7M).

Long Term Liabilities: PDN's short term assets ($56.9M) do not cover its long term liabilities ($264.6M).


Debt to Equity History and Analysis

Debt Level: PDN's debt to equity ratio (318.7%) is considered high.

Reducing Debt: PDN's debt to equity ratio has increased from 153.3% to 318.7% 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 sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 9.3% each year.


Next Steps

Dividend

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


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?

0.2yrs

Average management tenure


CEO

Ian Purdy (53yo)

0.17

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Drake
Chief Operations Officer0.17yrUS$175.67kno data
Scott Sullivan
Executive Officer0.17yrUS$509.47k0.0049% $11.5k
Ian Purdy
Chief Executive Officer0.17yrno datano data
Anna Sudlow
Chief Financial Officer0.83yrno datano data
Andrea Betti
Company Secretary2.08yrsno datano data
Karen Oswald
Senior Managerno datano datano data

0.2yrs

Average Tenure

Experienced Management: PDN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Lawrenson
Non-Executive Chairman0.58yrno datano data
Peter Watson
Independent Non-Executive Director0.42yrno datano data
Peter Main
Independent Non-Executive Director0.42yrno datano data

0.4yrs

Average Tenure

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 15.7%.


Top Shareholders

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$233.207m
  • 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 Langer Heinrich mine located in the Namib Desert in Namibia. Paladin Energy Ltd serves utilities and other entities primarily located in the United States, East Asia, and Western Europe. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007. Paladin Energy Limited was incorporated in 1993 and is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 10:35
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.