Pacific Smiles Group Limited, together with its subsidiaries, owns and operates dental centers under the Pacific Smiles Dental and nib Dental Care brand names in Eastern Australia. More Details
Proven track record with moderate growth potential.
Share Price & News
How has Pacific Smiles Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PSQ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PSQ's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PSQ exceeded the Australian Healthcare industry which returned 22.3% over the past year.
Return vs Market: PSQ exceeded the Australian Market which returned 33.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Pacific Smiles Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StNeed To Know: Pacific Smiles Group Limited (ASX:PSQ) Insiders Have Been Buying Shares
4 weeks ago | Simply Wall StShould You Investigate Pacific Smiles Group Limited (ASX:PSQ) At AU$2.56?
1 month ago | Simply Wall StInvestors Who Bought Pacific Smiles Group (ASX:PSQ) Shares Three Years Ago Are Now Up 65%
Is Pacific Smiles Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PSQ (A$2.85) is trading above our estimate of fair value (A$1.47)
Significantly Below Fair Value: PSQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PSQ is poor value based on its PE Ratio (36x) compared to the AU Healthcare industry average (21.2x).
PE vs Market: PSQ is poor value based on its PE Ratio (36x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: PSQ is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: PSQ is overvalued based on its PB Ratio (9.3x) compared to the AU Healthcare industry average (1.8x).
How is Pacific Smiles Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSQ's forecast earnings growth (11% per year) is above the savings rate (2%).
Earnings vs Market: PSQ's earnings (11% per year) are forecast to grow slower than the Australian market (14.5% per year).
High Growth Earnings: PSQ's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSQ's revenue (14.5% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: PSQ's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSQ's Return on Equity is forecast to be high in 3 years time (26.6%)
How has Pacific Smiles Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSQ has a large one-off gain of A$7.3M impacting its December 31 2020 financial results.
Growing Profit Margin: PSQ's current net profit margins (9.3%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: PSQ's earnings have declined by 3.1% per year over the past 5 years.
Accelerating Growth: PSQ's earnings growth over the past year (43.2%) exceeds its 5-year average (-3.1% per year).
Earnings vs Industry: PSQ earnings growth over the past year (43.2%) exceeded the Healthcare industry 25.5%.
Return on Equity
High ROE: PSQ's Return on Equity (25.8%) is considered high.
How is Pacific Smiles Group's financial position?
Financial Position Analysis
Short Term Liabilities: PSQ's short term assets (A$15.1M) do not cover its short term liabilities (A$37.3M).
Long Term Liabilities: PSQ's short term assets (A$15.1M) do not cover its long term liabilities (A$63.2M).
Debt to Equity History and Analysis
Debt Level: PSQ's debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: PSQ's debt to equity ratio has increased from 0.7% to 6.4% over the past 5 years.
Debt Coverage: PSQ's debt is well covered by operating cash flow (1321.6%).
Interest Coverage: PSQ's interest payments on its debt are well covered by EBIT (4x coverage).
What is Pacific Smiles Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSQ's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2%).
High Dividend: PSQ's dividend (1.68%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).
Stability and Growth of Payments
Stable Dividend: PSQ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PSQ's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), PSQ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSQ's dividends in 3 years are forecast to be covered by earnings (67% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Philip McKenzie, also known as Phil, has been Managing Director, Chief Executive and Director at Pacific Smiles Group Limited since October 29, 2018. He is Chief Executive Officer of Audiology Manageme...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD572.75K) is about average for companies of similar size in the Australian market ($USD718.01K).
Compensation vs Earnings: Phil's compensation has increased by more than 20% in the past year.
Experienced Management: PSQ's management team is considered experienced (3.3 years average tenure).
Experienced Board: PSQ's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5%.
Pacific Smiles Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Pacific Smiles Group Limited
- Ticker: PSQ
- Exchange: ASX
- Founded: 2002
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: AU$435.984m
- Shares outstanding: 159.58m
- Website: https://www.pacificsmilesgroup.com.au
Number of Employees
- Pacific Smiles Group Limited
- 6 Molly Morgan Drive
- Level 1
- East Maitland
- New South Wales
Pacific Smiles Group Limited, together with its subsidiaries, owns and operates dental centers under the Pacific Smiles Dental and nib Dental Care brand names in Eastern Australia. The company provides gen...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 08:12|
|End of Day Share Price||2021/04/16 00:00|
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.