ASX:PNR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Pantoro Limited engages in the gold mining, processing, and exploration in Australia. More Details


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PNR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.1%

PNR

-4.4%

AU Metals and Mining

-3.9%

AU Market


1 Year Return

21.9%

PNR

7.6%

AU Metals and Mining

-9.6%

AU Market

Return vs Industry: PNR exceeded the Australian Metals and Mining industry which returned 7.6% over the past year.

Return vs Market: PNR exceeded the Australian Market which returned -9.6% over the past year.


Shareholder returns

PNRIndustryMarket
7 Day-7.1%-4.4%-3.9%
30 Day-7.1%-1.4%1.8%
90 Day-26.4%-4.6%1.7%
1 Year21.9%21.9%13.2%7.6%-6.4%-9.6%
3 Year-2.5%-2.5%45.8%25.5%12.3%-1.9%
5 Year195.5%195.5%134.0%88.1%40.0%11.3%

Price Volatility Vs. Market

How volatile is Pantoro's share price compared to the market and industry in the last 5 years?


Simply Wall St News

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$0.2) is trading below our estimate of fair value (A$1.91)

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


Price To Earnings Ratio

PE vs Industry: PNR is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.

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


Price to Book Ratio

PB vs Industry: PNR is overvalued based on its PB Ratio (2.6x) compared to the AU Metals and Mining industry average (2.4x).


Next Steps

Future Growth

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

77.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PNR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: PNR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PNR's is expected to become profitable in the next 3 years.

Revenue vs Market: PNR's revenue (30.1% per year) is forecast to grow faster than the Australian market (4.8% per year).

High Growth Revenue: PNR's revenue (30.1% 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 low in 3 years time (15%).


Next Steps

Past Performance

How has Pantoro performed over the past 5 years?

-13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PNR is currently unprofitable.

Growing Profit Margin: PNR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PNR is unprofitable, and losses have increased over the past 5 years at a rate of 13% per year.

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

Earnings vs Industry: PNR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).


Return on Equity

High ROE: PNR has a negative Return on Equity (-32.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Pantoro's financial position?


Financial Position Analysis

Short Term Liabilities: PNR's short term assets (A$28.0M) exceed its short term liabilities (A$27.7M).

Long Term Liabilities: PNR's short term assets (A$28.0M) do not cover its long term liabilities (A$45.2M).


Debt to Equity History and Analysis

Debt Level: PNR's debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: PNR's debt to equity ratio has increased from 0.2% to 0.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if PNR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PNR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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?

6.0yrs

Average management tenure


CEO

Paul Cmrlec

9.42yrs

Tenure

AU$730,889

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 ($USD514.38K) is about average for companies of similar size in the Australian market ($USD519.52K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Paul Cmrlec
CEO, MD & Executive Director9.42yrsAU$730.89k0.57%
A$ 1.6m
Scott Balloch
Chief Financial Officer6yrsAU$414.06k0.037%
A$ 102.3k
Scott Huffadine
Operations Director & Director4.58yrsAU$599.18k0.21%
A$ 572.3k
David Okeby
Company Secretary6yrsAU$249.03k0.050%
A$ 136.5k
Andrew Finch
Group Geology Manager1yrno datano data

6.0yrs

Average Tenure

Experienced Management: PNR's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Cmrlec
CEO, MD & Executive Director9.42yrsAU$730.89k0.57%
A$ 1.6m
Scott Huffadine
Operations Director & Director4.58yrsAU$599.18k0.21%
A$ 572.3k
Fiona Van Maanen
Independent Non-Executive Director0.17yrno data0.0071%
A$ 19.6k
Wayne Zekulich
Independent Non-Executive Chairman0.58yrAU$71.18k0.020%
A$ 55.6k
Kyle Edwards
Independent Non-Executive Director4yrsAU$108.10k0.0077%
A$ 21.2k

4.0yrs

Average Tenure

Experienced Board: PNR's board of directors are considered experienced (4 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 been diluted in the past year, with total shares outstanding growing by 19.8%.


Top Shareholders

Company Information

Pantoro Limited's company bio, 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$274.638m
  • Shares outstanding: 1.41b
  • Website: https://www.pantoro.com.au

Location

  • Pantoro Limited
  • 1187 Hay Street
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PNRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
PNRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
RKNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Pantoro Limited 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 Kimber ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 10:45
End of Day Share Price2020/10/30 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.