ASX:PTL

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

PTL

-1.2%

AU Household Products

1.3%

AU Market


1 Year Return

0%

PTL

27.5%

AU Household Products

9.9%

AU Market

Return vs Industry: PTL underperformed the Australian Household Products industry which returned 27.5% over the past year.

Return vs Market: PTL underperformed the Australian Market which returned 9.9% over the past year.


Share holder returns

PTLIndustryMarket
7 Day0%-1.2%1.3%
30 Day1.6%-0.3%-0.6%
90 Day3.2%3.6%-1.0%
1 Year6.0%0%30.8%27.5%16.2%9.9%
3 Year-36.9%-45.8%31.3%21.5%35.7%17.6%
5 Year-16.3%-35.4%69.7%48.1%51.9%17.8%

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 based on future cash flows and its price relative to the stock market?

11%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: PTL (A$0.32) is trading below our estimate of fair value (A$0.36)

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


Price Based on Earnings

PE vs Industry: PTL is good value based on its PE Ratio (22.7x) compared to the Household Products industry average (22.8x).

PE vs Market: PTL is poor value based on its PE Ratio (22.7x) compared to the Australian market (17.9x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: PTL is good value based on its PB Ratio (0.8x) compared to the XX Household Products industry average (1.6x).


Next Steps

Future Growth

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

19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: PTL's forecast earnings growth (19% per year) is above the savings rate (2.3%).

Earnings vs Market: PTL's earnings (19% per year) are forecast to grow faster than the Australian market (10.2% per year).

High Growth Earnings: PTL's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if PTL's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if PTL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if PTL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Pental performed over the past 5 years?

-55.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PTL's earnings have declined by -55.5% per year over the past 5 years.

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 (-3.6%).


Return on Equity

High ROE: PTL's Return on Equity (3.6%) is considered low.


Return on Assets

ROA vs Industry: PTL's Return on Assets is below or equal to the Household Products industry average last year.


Return on Capital Employed

ROCE Improving: PTL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Pental's financial position?


Financial Position Analysis

Short Term Liabilities: PTL's short term assets (A$40.9M) exceeds its short term liabilities (A$19.3M)

Long Term Liabilities: PTL's short term assets (A$40.9M) exceeds its long term liabilities (A$3.5M)


Debt to Equity History and Analysis

Debt Level: PTL is debt free.

Reducing Debt: PTL has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.

Debt Coverage: PTL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PTL has no debt, therefore coverage of interest payments is not a concern.


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.


Next Steps

Dividend

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

6.25%

Current Dividend Yield


Dividend Yield vs Market

company6.3%marketbottom25%2.5%markettop25%5.6%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: PTL's dividend (6.25%) is higher than the bottom 25% of dividend payers in the Australian market (2.5%).

High Dividend: PTL's dividend (6.25%) is in the top 25% of dividend payers in the Australian market (5.6%)

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 (141.9%), 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

What is the CEO of Pental's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average board tenure


CEO

Charlie McLeish 0

5.8yrs

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 ($USD296.99K) is about average for companies of similar size in the Australian market ($USD257.37K).

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


Board Age and Tenure

0.6yrs

Average Tenure

Experienced Board: PTL's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$76,95028 Jun 19
Jeffrey Miciulis
EntityIndividual
Shares250,000
Max PriceAU$0.31
BuyAU$2,15913 May 19
Jeffrey Miciulis
EntityIndividual
Shares7,196
Max PriceAU$0.30
BuyAU$14,20006 May 19
Jeffrey Miciulis
EntityIndividual
Shares47,332
Max PriceAU$0.30
BuyAU$3,81124 Apr 19
Jeffrey Miciulis
EntityIndividual
Shares12,703
Max PriceAU$0.30
BuyAU$8,90016 Apr 19
Jeffrey Miciulis
EntityIndividual
Shares29,667
Max PriceAU$0.30
BuyAU$45009 Apr 19
Jeffrey Miciulis
EntityIndividual
Shares1,500
Max PriceAU$0.30
BuyAU$6,48131 Mar 19
Jeffrey Miciulis
EntityIndividual
Shares21,602
Max PriceAU$0.30
BuyAU$26,78525 Mar 19
Jeffrey Miciulis
EntityIndividual
Shares89,284
Max PriceAU$0.30
BuyAU$43,68513 Mar 19
Jeffrey Miciulis
EntityIndividual
Shares145,617
Max PriceAU$0.30

Ownership Breakdown


Management Team

  • Oliver Carton (55yo)

    Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$115.79k
  • Charlie McLeish

    Chief Executive Officer

    • Tenure: 5.8yrs
    • Compensation: AU$436.19k
  • Neil Godara

    Chief Financial Officer

    • Tenure: 1yrs
    • Compensation: AU$182.57k

Board Members

  • Fred Harrison

    Non-Executive Director

    • Tenure: 0.2yrs
  • Peter Robinson (76yo)

    Non-Executive Independent Chairman

    • Tenure: 10.6yrs
    • Compensation: AU$100.00k
  • John Etherington (64yo)

    Non-Executive Independent Director

    • Tenure: 6.5yrs
    • Compensation: AU$60.00k
  • Jeff Miciulis

    Non-Executive Independent Director

    • Tenure: 0.6yrs
    • Compensation: AU$20.00k
  • Mark Hardgrave

    Non-Executive Independent Director

    • Tenure: 0.4yrs
    • Compensation: AU$10.00k

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$43.600m
  • 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 produc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 10:33
End of Day Share Price2019/10/09 00:00
Earnings2019/06/30
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.

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