ASX:KPT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Kangaroo Island Plantation Timbers

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has Kangaroo Island Plantation Timbers's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

0.9%

KPT

0.8%

AU Forestry

1.4%

AU Market


1 Year Return

n/a

KPT

22.0%

AU Forestry

-0.6%

AU Market

Return vs Industry: Insufficient data to determine how KPT performed against the Australian Forestry industry.

Return vs Market: Insufficient data to determine how KPT performed against the Australian Market.


Shareholder returns

KPTIndustryMarket
7 Day0.9%0.8%1.4%
30 Day-12.0%-2.0%3.0%
90 Day5.3%-3.6%11.9%
1 Yearn/a25.1%22.0%2.8%-0.6%
3 Year-52.2%-52.2%-42.5%-46.1%27.0%11.4%
5 Year-7.3%-13.7%78.1%37.4%68.6%34.6%

Long-Term Price Volatility Vs. Market

How volatile is Kangaroo Island Plantation Timbers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

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$1.1) is trading below our estimate of fair value (A$40.81)

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 XX 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's PB Ratio (0.5x) is in line with the XO Forestry industry average.


Next Steps

Future Growth

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

20.8%

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.


Next Steps

Past Performance

How has Kangaroo Island Plantation Timbers performed over the past 5 years?

-39.1%

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 39.1% 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 (-1.8%).


Return on Equity

High ROE: KPT has a negative Return on Equity (-29.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kangaroo Island Plantation Timbers's financial position?


Financial Position Analysis

Short Term Liabilities: KPT's short term assets (A$41.0M) exceed its short term liabilities (A$731.0K).

Long Term Liabilities: KPT's short term assets (A$41.0M) exceed its long term liabilities (A$7.7M).


Debt to Equity History and Analysis

Debt Level: KPT is debt free.

Reducing Debt: KPT had no debt 5 years ago.

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


Next Steps

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?

3.7yrs

Average management tenure


CEO

Keith Lamb

1.58yrs

Tenure

AU$406,997

Compensation

Mr. Keith 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 Director since...


CEO Compensation Analysis

Compensation vs Market: Keith's total compensation ($USD314.07K) is about average for companies of similar size in the Australian market ($USD293.77K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Keith Lamb
MD & Executive Director1.58yrsAU$407.00k0.027%
A$ 16.5k
Victoria Allinson
CFO & Company Secretary7.67yrsAU$271.90k0.052%
A$ 32.0k
Rob Heathcote
Operations Manager0.67yrAU$314.04kno data
Shauna Black
Executive Director of Community Engagement & Executive Director5.83yrsAU$186.15k0.75%
A$ 463.8k

3.7yrs

Average Tenure

Experienced Management: KPT's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Keith Lamb
MD & Executive Director1.58yrsAU$407.00k0.027%
A$ 16.5k
Shauna Black
Executive Director of Community Engagement & Executive Director5.83yrsAU$186.15k0.75%
A$ 463.8k
Gregory Boulton
Independent Non-Executive Director4.17yrsAU$105.89k0.34%
A$ 213.1k
Paul McKenzie
Non-Executive Chairman11.5yrsAU$120.89k4.95%
A$ 3.1m
John Sergeant
Non-Executive Director7.83yrsAU$300.76k4.64%
A$ 2.9m

5.8yrs

Average Tenure

Experienced Board: KPT's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kangaroo Island Plantation Timbers Limited's company bio, 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$62.056m
  • Shares outstanding: 56.41m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KPTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2002
KPTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2002

Biography

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 softwo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/24 07:01
End of Day Share Price2021/01/22 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.