ASX:PTL

Stock Analysis Report

Executive Summary

Pental Limited manufactures and distributes personal, household, and commercial products in Australia, New Zealand, and Asia.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PTL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.7%

PTL

0.8%

AU Household Products

5.1%

AU Market


1 Year Return

35.0%

PTL

4.8%

AU Household Products

-19.1%

AU Market

Return vs Industry: PTL exceeded the Australian Household Products industry which returned 5.5% over the past year.

Return vs Market: PTL exceeded the Australian Market which returned -19% over the past year.


Shareholder returns

PTLIndustryMarket
7 Day11.7%0.8%5.1%
30 Day6.6%-3.8%-18.7%
90 Day24.6%-3.7%-25.7%
1 Year42.6%35.0%7.2%4.8%-15.4%-19.1%
3 Year-22.8%-33.6%23.6%15.0%-3.3%-16.6%
5 Year21.8%-5.8%44.5%27.8%6.9%-17.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

11.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PTL (A$0.41) is trading below our estimate of fair value (A$0.46)

Significantly Below Fair Value: PTL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PTL is poor value based on its PE Ratio (28.3x) compared to the Household Products industry average (19.6x).

PE vs Market: PTL is poor value based on its PE Ratio (28.3x) compared to the Australian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PTL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PTL is good value based on its PB Ratio (1x) compared to the XX Household Products industry average (1.6x).


Next Steps

Future Growth

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

16.7%

Forecasted Household 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 Pental 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.


Next Steps

Past Performance

How has Pental performed over the past 5 years?

-45.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTL has a large one-off loss of A$2.2M impacting its December 29 2019 financial results.

Growing Profit Margin: PTL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PTL has become profitable over the past 5 years, growing earnings by -45.2% per year.

Accelerating Growth: PTL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PTL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Household Products industry (8.3%).


Return on Equity

High ROE: PTL's Return on Equity (3.7%) is considered low.


Next Steps

Financial Health

How is Pental's financial position?


Financial Position Analysis

Short Term Liabilities: PTL's short term assets (A$39.8M) exceed its short term liabilities (A$18.5M).

Long Term Liabilities: PTL's short term assets (A$39.8M) exceed its long term liabilities (A$4.3M).


Debt to Equity History and Analysis

Debt Level: PTL is debt free.

Reducing Debt: PTL had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if PTL's debt is covered by short term assets.


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: PTL is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: PTL is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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

4.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PTL's dividend (4.94%) is higher than the bottom 25% of dividend payers in the Australian market (3.17%).

High Dividend: PTL's dividend (4.94%) is low compared to the top 25% of dividend payers in the Australian market (8.1%).


Stability and Growth of Payments

Stable Dividend: PTL's dividend payments have been volatile in the past 10 years.

Growing Dividend: PTL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (139.6%), PTL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.9yrs

Average board tenure


CEO

Charlie McLeish

6.25s

Tenure

AU$436,188

Compensation

Mr. Charlie McLeish has been the Chief Executive Officer of Pental Limited and Pental Products Pty Ltd since January 1, 2014 and served as its General Manager of Pental Consumer Products. Mr. McLeish serve ...


CEO Compensation Analysis

Compensation vs Market: Charlie's total compensation ($USD262.12K) is about average for companies of similar size in the Australian market ($USD238.47K).

Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Frederick Harrison
Non-Executive Director0.67yrno data0.18% A$101.3k
John Etherington
Non-Executive Independent Director7yrsAU$60.00k0.12% A$64.8k
Jeff Miciulis
Non-Executive Independent Director1.08yrsAU$20.00k0.59% A$324.0k
Mark Hardgrave
Chairman0.25yrAU$10.00k0.037% A$20.3k

0.9yrs

Average Tenure

Experienced Board: PTL's board of directors are not considered experienced ( 0.9 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: PTL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Pental Limited
  • Ticker: PTL
  • Exchange: ASX
  • Founded:
  • Industry: Household Products
  • Sector: Household
  • Market Cap: AU$55.182m
  • Shares outstanding: 136.25m
  • Website: https://www.pental.com.au

Number of Employees


Location

  • Pental Limited
  • 390 St Kilda Road
  • Level 6
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2000
PTLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2000

Biography

Pental Limited manufactures and distributes personal, household, and commercial products in Australia, New Zealand, and Asia. The company provides soap products, bleaches, firelighters, laundry care products, stain removers, dishwashing products, toothpastes, and others. It offers products under the White King, Country Life, Jiffy Firelighters, Softly, Martha’s, Pears, Velvet, Sunlight, Lux, Little Lucifer, AIM Toothpaste, Huggie, and Janola brands. The company was formerly known as Symex Holdings Limited and changed its name to Pental Limited in January 2013. Pental Limited is headquartered in Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 10:31
End of Day Share Price2020/04/03 00:00
Earnings2019/12/29
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.