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PFT

Pure Foods TasmaniaASX:PFT Stock Report

Market Cap

AU$31.5m

7D

3.7%

1Y

-64.3%

Updated

17 Oct, 2021

Data

Company Financials
PFT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PFT Overview

Pure Foods Tasmania Limited engages in the food business in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Pure Foods Tasmania
Historical stock prices
Current Share PriceAU$0.56
52 Week HighAU$0.49
52 Week LowAU$1.62
Beta0
1 Month Change-6.72%
3 Month Change-4.31%
1 Year Change-64.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO126.53%

Recent News & Updates

Jan 28
How Many Pure Foods Tasmania Limited (ASX:PFT) Shares Did Insiders Buy, In The Last Year?

How Many Pure Foods Tasmania Limited (ASX:PFT) Shares Did Insiders Buy, In The Last Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

Shareholder Returns

PFTAU FoodAU Market
7D3.7%-0.7%0.9%
1Y-64.3%1.5%20.2%

Return vs Industry: PFT underperformed the Australian Food industry which returned 1.5% over the past year.

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

Price Volatility

Is PFT's price volatile compared to industry and market?
PFT volatility
PFT Beta0
Industry Beta0.54
Market Beta1

Stable Share Price: PFT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PFT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aMichael Cooperhttps://purefoodstas.com

Pure Foods Tasmania Limited engages in the food business in Australia. The company operates through Tasmanian Pate, Woodbridge Smokehouse, Daly Potato Company, Lauds Plant Based Foods, and The Cashew Creamery segments. It offers pate products under the Tasmanian Pate brand; smoked salmon and trout products under the Woodbridge Smokehouse brand; ready to eat salads and meal solutions under the Daly Potato Co. brand; plant based food products under New Pastures brand; sea food products under the Pure Tasmanian Seafood brand; and other food products under the Lauds Plant Based Foods and The Cashew Creamery brands.

Pure Foods Tasmania Fundamentals Summary

How do Pure Foods Tasmania's earnings and revenue compare to its market cap?
PFT fundamental statistics
Market CapAU$31.54m
Earnings (TTM)-AU$716.31k
Revenue (TTM)AU$7.34m

4.3x

P/S Ratio

-44.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PFT income statement (TTM)
RevenueAU$7.34m
Cost of RevenueAU$5.74m
Gross ProfitAU$1.61m
ExpensesAU$2.32m
Earnings-AU$716.31k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin21.88%
Net Profit Margin-9.76%
Debt/Equity Ratio20.3%

How did PFT perform over the long term?

See historical performance and comparison

Valuation

Is Pure Foods Tasmania undervalued compared to its fair value and its price relative to the market?

4.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PFT is overvalued based on its PB Ratio (4x) compared to the AU Food industry average (1.6x).


Future Growth

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

19.7%

Forecasted Food, Beverage & Tobacco 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 Pure Foods Tasmania 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 Pure Foods Tasmania performed over the past 5 years?

-252.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PFT is currently unprofitable.

Growing Profit Margin: PFT is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: PFT is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: PFT has a negative Return on Equity (-9.12%), as it is currently unprofitable.


Financial Health

How is Pure Foods Tasmania's financial position?


Financial Position Analysis

Short Term Liabilities: PFT's short term assets (A$4.1M) exceed its short term liabilities (A$2.9M).

Long Term Liabilities: PFT's short term assets (A$4.1M) exceed its long term liabilities (A$2.3M).


Debt to Equity History and Analysis

Debt Level: PFT's debt to equity ratio (20.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if PFT'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: PFT has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: PFT is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is Pure Foods Tasmania current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.4yrs

Average board tenure


CEO

Michael Cooper

3yrs

Tenure

AU$277,610

Compensation

Mr. Michael William Cooper serves as a Director of Juicy Isle Pty Ltd (formerly known as Juicy Isle Proprietary Ltd). He has experience in senior executive roles in the food and beverage industry. He serve...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD206.05K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: PFT's board of directors are considered experienced (4.4 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 been diluted in the past year, with total shares outstanding growing by 15.9%.


Top Shareholders

Company Information

Pure Foods Tasmania Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pure Foods Tasmania Limited
  • Ticker: PFT
  • Exchange: ASX
  • Founded: 2005
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$31.538m
  • Shares outstanding: 56.82m
  • Website: https://purefoodstas.com

Location

  • Pure Foods Tasmania Limited
  • 2/179 Murray Street
  • Hobart
  • Tasmania
  • 7000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 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.