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PNR

PantoroASX:PNR Stock Report

Market Cap

AU$310.0m

7D

2.4%

1Y

2.4%

Updated

18 Oct, 2021

Data

Company Financials +
PNR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance2/6
Financial Health6/6
Dividends0/6

PNR Overview

Pantoro Limited, together with its subsidiaries, engages in the gold mining, processing, and exploration in Australia.

Pantoro Competitors

Newcrest Mining

ASX:NCM

AU$20.1b

Northern Star Resources

ASX:NST

AU$11.3b

Evolution Mining

ASX:EVN

AU$7.1b

Perseus Mining

ASX:PRU

AU$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Pantoro
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.18
52 Week LowAU$0.26
Beta0.96
1 Month Change-2.27%
3 Month Change2.38%
1 Year Change2.38%
3 Year Change30.30%
5 Year Change30.30%
Change since IPO-99.23%

Recent News & Updates

Sep 06
Pantoro (ASX:PNR) Is Looking To Continue Growing Its Returns On Capital

Pantoro (ASX:PNR) Is Looking To Continue Growing Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

PNRAU Metals and MiningAU Market
7D2.4%4.3%0.9%
1Y2.4%12.2%20.2%

Return vs Industry: PNR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: PNR underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PNR's price volatile compared to industry and market?
PNR volatility
PNR Beta0.96
Industry Beta0.97
Market Beta1

Stable Share Price: PNR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PNR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aPaul Cmrlechttps://www.pantoro.com.au

Pantoro Limited, together with its subsidiaries, engages in the gold mining, processing, and exploration in Australia. The company explores for gold and silver deposits. Its flagship property is the Nicolsons Project located in the Kimberley Region of Western Australia.

Pantoro Fundamentals Summary

How do Pantoro's earnings and revenue compare to its market cap?
PNR fundamental statistics
Market CapAU$309.98m
Earnings (TTM)AU$12.00m
Revenue (TTM)AU$87.79m

25.3x

P/E Ratio

3.5x

P/S Ratio

Is PNR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PNR income statement (TTM)
RevenueAU$87.79m
Cost of RevenueAU$69.88m
Gross ProfitAU$17.91m
ExpensesAU$5.91m
EarningsAU$12.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0085
Gross Margin20.40%
Net Profit Margin13.67%
Debt/Equity Ratio0.2%

How did PNR perform over the long term?

See historical performance and comparison

Valuation

Is Pantoro 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: PNR (A$0.22) is trading below our estimate of fair value (A$2.74)

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


Price To Earnings Ratio

PE vs Industry: PNR is poor value based on its PE Ratio (25.3x) compared to the Australian Metals and Mining industry average (15x).

PE vs Market: PNR is poor value based on its PE Ratio (25.3x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: PNR is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: PNR is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Pantoro forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

56.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PNR's forecast earnings growth (56.7% per year) is above the savings rate (1.9%).

Earnings vs Market: PNR's earnings (56.7% per year) are forecast to grow faster than the Australian market (11.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PNR's revenue (37.7% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: PNR's revenue (37.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PNR's Return on Equity is forecast to be high in 3 years time (20%)


Past Performance

How has Pantoro performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PNR has a high level of non-cash earnings.

Growing Profit Margin: PNR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PNR has become profitable over the past 5 years, growing earnings by 6.9% per year.

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

Earnings vs Industry: PNR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: PNR's Return on Equity (7.7%) is considered low.


Financial Health

How is Pantoro's financial position?


Financial Position Analysis

Short Term Liabilities: PNR's short term assets (A$54.2M) exceed its short term liabilities (A$31.6M).

Long Term Liabilities: PNR's short term assets (A$54.2M) exceed its long term liabilities (A$34.1M).


Debt to Equity History and Analysis

Debt Level: PNR's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: PNR's debt to equity ratio has reduced from 0.3% to 0.2% over the past 5 years.

Debt Coverage: PNR's debt is well covered by operating cash flow (9009.1%).

Interest Coverage: PNR's interest payments on its debt are well covered by EBIT (25.8x coverage).


Balance Sheet


Dividend

What is Pantoro current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

7.0yrs

Average management tenure


CEO

Paul Cmrlec

10.5yrs

Tenure

AU$748,904

Compensation

Mr. Paul Mathew Cmrlec, BEng (Mining), Honours, MAusIMM, has been Managing Director of Pantoro Limited since April 4, 2011 and has been its Executive Director since June 1, 2010 and Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD555.86K) is about average for companies of similar size in the Australian market ($USD556.28K).

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


Leadership Team

Experienced Management: PNR's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: PNR's board of directors are considered experienced (5 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

Pantoro Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pantoro Limited
  • Ticker: PNR
  • Exchange: ASX
  • Founded: 1986
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$309.980m
  • Shares outstanding: 1.41b
  • Website: https://www.pantoro.com.au

Location

  • Pantoro Limited
  • 46 Ventnor Avenue
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 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.