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KPT

Kangaroo Island Plantation TimbersASX:KPT Stock Report

Market Cap

AU$60.2m

7D

-1.3%

1Y

7.7%

Updated

22 Oct, 2021

Data

Company Financials
KPT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

KPT Overview

Kangaroo Island Plantation Timbers Limited, together with its subsidiaries, engages in the forestry management activities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kangaroo Island Plantation Timbers
Historical stock prices
Current Share PriceAU$1.19
52 Week HighAU$0.94
52 Week LowAU$1.30
Beta0.72
1 Month Change-1.25%
3 Month Change2.60%
1 Year Change7.73%
3 Year Change-37.96%
5 Year Change-57.68%
Change since IPO-98.65%

Recent News & Updates

Shareholder Returns

KPTAU ForestryAU Market
7D-1.3%-0.2%0.7%
1Y7.7%36.5%21.4%

Return vs Industry: KPT underperformed the Australian Forestry industry which returned 36.5% over the past year.

Return vs Market: KPT underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is KPT's price volatile compared to industry and market?
KPT volatility
KPT Beta0.72
Industry Beta0.60
Market Beta1

Stable Share Price: KPT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: KPT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200011Keith Lambhttps://www.kipt.com.au

Kangaroo Island Plantation Timbers Limited, together with its subsidiaries, engages in the forestry management activities in Australia. The company is also involved in the management of hardwood and softwood, and timber plantations, as well as milling operation activities. It owns approximately 25,000 hectares of Kangaroo Island land.

Kangaroo Island Plantation Timbers Fundamentals Summary

How do Kangaroo Island Plantation Timbers's earnings and revenue compare to its market cap?
KPT fundamental statistics
Market CapAU$60.24m
Earnings (TTM)-AU$25.97m
Revenue (TTM)AU$90.00k

669.5x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KPT income statement (TTM)
RevenueAU$90.00k
Cost of RevenueAU$3.78m
Gross Profit-AU$3.69m
ExpensesAU$22.28m
Earnings-AU$25.97m

Valuation

Is Kangaroo Island Plantation Timbers undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KPT (A$1.19) is trading below our estimate of fair value (A$7.21)

Significantly Below Fair Value: KPT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KPT is unprofitable, so we can't compare its PE Ratio to the Global Forestry industry average.

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


Price to Book Ratio

PB vs Industry: KPT is good value based on its PB Ratio (0.7x) compared to the XO Forestry industry average (0.9x).


Future Growth

How is Kangaroo Island Plantation Timbers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

Forecasted Materials 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 Kangaroo Island Plantation Timbers 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 Kangaroo Island Plantation Timbers performed over the past 5 years?

-57.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KPT is currently unprofitable.

Growing Profit Margin: KPT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KPT is unprofitable, and losses have increased over the past 5 years at a rate of 57.4% per year.

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

Earnings vs Industry: KPT is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (42.6%).


Return on Equity

High ROE: KPT has a negative Return on Equity (-30.1%), as it is currently unprofitable.


Financial Health

How is Kangaroo Island Plantation Timbers's financial position?


Financial Position Analysis

Short Term Liabilities: KPT's short term assets (A$38.0M) exceed its short term liabilities (A$2.4M).

Long Term Liabilities: KPT's short term assets (A$38.0M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: KPT is debt free.

Reducing Debt: KPT has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.

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

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


Balance Sheet


Dividend

What is Kangaroo Island Plantation Timbers's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.6yrs

Average board tenure


CEO

Keith Lamb

2.33yrs

Tenure

AU$1,166,070

Compensation

Mr. Keith Desmond Lamb, MForestry, BForSc, GrDip (REM), MFor, MBA, MAICD, GAIDC, MIFA, has been Executive Director at Kangaroo Island Plantation Timbers Limited since March 11, 2019 and its Managing Direct...


CEO Compensation Analysis

Compensation vs Market: Keith's total compensation ($USD873.26K) is above average for companies of similar size in the Australian market ($USD303.33K).

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


Board Members

Experienced Board: KPT's board of directors are not considered experienced ( 1.6 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: KPT insiders have only sold shares 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

Kangaroo Island Plantation Timbers Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kangaroo Island Plantation Timbers Limited
  • Ticker: KPT
  • Exchange: ASX
  • Founded: 2000
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: AU$60.238m
  • Shares outstanding: 50.83m
  • Website: https://www.kipt.com.au

Number of Employees


Location

  • Kangaroo Island Plantation Timbers Limited
  • 60 Hindmarsh Square
  • Unit 3B
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 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.