PLS Stock Overview
Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia.
Pilbara Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$4.56|
|52 Week High||AU$5.08|
|52 Week Low||AU$1.78|
|1 Month Change||25.62%|
|3 Month Change||103.57%|
|1 Year Change||135.05%|
|3 Year Change||1,472.41%|
|5 Year Change||480.89%|
|Change since IPO||28,400.00%|
Recent News & Updates
Pilbara Minerals Limited (ASX:PLS) Shares Could Be 48% Below Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Pilbara Minerals Limited ( ASX:PLS ) by estimating the...
|PLS||AU Metals and Mining||AU Market|
Return vs Industry: PLS exceeded the Australian Metals and Mining industry which returned 4% over the past year.
Return vs Market: PLS exceeded the Australian Market which returned -10.8% over the past year.
|PLS Average Weekly Movement||7.4%|
|Metals and Mining Industry Average Movement||11.3%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: PLS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PLS's weekly volatility (7%) has been stable over the past year.
About the Company
Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia. The company primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.
Pilbara Minerals Fundamentals Summary
|PLS fundamental statistics|
Is PLS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLS income statement (TTM)|
|Cost of Revenue||AU$380.87m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||47.23%|
How did PLS perform over the long term?See historical performance and comparison
Is PLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PLS?
Other financial metrics that can be useful for relative valuation.
|What is PLS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PLS's PE Ratio compare to its peers?
|PLS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
MIN Mineral Resources
LYC Lynas Rare Earths
PLS Pilbara Minerals
Price-To-Earnings vs Peers: PLS is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (17.7x).
Price to Earnings Ratio vs Industry
How does PLS's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Earnings vs Industry: PLS is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the Australian Metals and Mining industry average (8.4x)
Price to Earnings Ratio vs Fair Ratio
What is PLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||24.2x|
|Fair PE Ratio||19.5x|
Price-To-Earnings vs Fair Ratio: PLS is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.5x).
Share Price vs Fair Value
What is the Fair Price of PLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PLS (A$4.56) is trading below our estimate of fair value (A$9.14)
Significantly Below Fair Value: PLS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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How is Pilbara Minerals forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLS's forecast earnings growth (7.9% per year) is above the savings rate (1.8%).
Earnings vs Market: PLS's earnings (7.9% per year) are forecast to grow faster than the Australian market (6.5% per year).
High Growth Earnings: PLS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PLS's revenue (9.2% per year) is forecast to grow faster than the Australian market (3.7% per year).
High Growth Revenue: PLS's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLS's Return on Equity is forecast to be high in 3 years time (26%)
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How has Pilbara Minerals performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLS has high quality earnings.
Growing Profit Margin: PLS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PLS has become profitable over the past 5 years, growing earnings by 57.3% per year.
Accelerating Growth: PLS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PLS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.7%).
Return on Equity
High ROE: PLS's Return on Equity (43.5%) is considered outstanding.
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How is Pilbara Minerals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PLS's short term assets (A$960.2M) exceed its short term liabilities (A$337.3M).
Long Term Liabilities: PLS's short term assets (A$960.2M) exceed its long term liabilities (A$349.0M).
Debt to Equity History and Analysis
Debt Level: PLS has more cash than its total debt.
Reducing Debt: PLS's debt to equity ratio has reduced from 61.9% to 18.2% over the past 5 years.
Debt Coverage: PLS's debt is well covered by operating cash flow (275.9%).
Interest Coverage: PLS's interest payments on its debt are well covered by EBIT (61x coverage).
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What is Pilbara Minerals's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
|Pilbara Minerals Dividend Yield vs Market|
|Company (Pilbara Minerals)||n/a|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Metals and Mining)||10.3%|
|Analyst forecast in 3 Years (Pilbara Minerals)||3.2%|
Notable Dividend: Unable to evaluate PLS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLS'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 PLS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PLS has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Dale Robert Henderson, B Eng (Civil), GAICD had been Chief Operating Officer at Pilbara Minerals Limited since March 05, 2018 until July 30, 2022 and serves as its Chief Executive Officer and Managing...
CEO Compensation Analysis
|Dale Henderson's Compensation vs Pilbara Minerals Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||AU$1m||AU$491k|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||AU$1m||AU$375k|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||AU$754k||AU$411k|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||AU$688k||AU$429k|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||AU$788k||AU$314k|
Compensation vs Market: Dale's total compensation ($USD750.94K) is below average for companies of similar size in the Australian market ($USD2.94M).
Compensation vs Earnings: Dale's compensation has been consistent with company performance over the past year.
Experienced Management: PLS's management team is considered experienced (3.4 years average tenure).
Experienced Board: PLS's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLS insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
|14 Sep 22||SellAU$271,020||Stephen Scudamore||Individual||60,000||AU$4.52|
|12 Sep 22||BuyAU$310,384||Anthony Kiernan||Individual||69,530||AU$4.55|
|09 Sep 22||BuyAU$210,250||Nicholas Cernotta||Individual||50,000||AU$4.37|
|07 Sep 22||SellAU$5,503,309||Dale Henderson||Individual||1,400,000||AU$3.98|
|31 May 22||SellAU$99,365,859||AustralianSuper Pty. Ltd.||Company||32,902,608||AU$3.02|
|30 May 22||BuyAU$9,257,503||AustralianSuper Pty. Ltd.||Company||3,119,513||AU$2.97|
|19 Apr 22||BuyAU$124,530,790||AustralianSuper Pty. Ltd.||Company||32,345,657||AU$3.85|
|19 Apr 22||SellAU$218,845,869||AustralianSuper Pty. Ltd.||Company||56,695,826||AU$3.86|
|02 Mar 22||BuyAU$102,846||Miriam Stanborough||Individual||36,600||AU$2.81|
|24 Dec 21||SellAU$415,588||Kenneth Brinsden||Individual||147,826||AU$2.93|
|21 Dec 21||SellAU$376,500||Anthony Kiernan||Individual||150,000||AU$2.51|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Pilbara Minerals Limited's employee growth, exchange listings and data sources
- Name: Pilbara Minerals Limited
- Ticker: PLS
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$13.610b
- Shares outstanding: 2.98b
- Website: https://www.pilbaraminerals.com.au
Number of Employees
- Pilbara Minerals Limited
- 146 Colin Street
- Level 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLS||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 2013|
|PLS||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 2013|
|PLR||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2013|
|PILB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2013|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 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.