NOT FOR DISTRIBUTION
Header cover image

Market Cap

AU$13.3m

Last Updated

2021/05/18 08:03 UTC

Data Sources

Company Financials

Executive Summary

Papyrus Australia Limited develops a technology that converts the waste trunk of the banana palm into forest wood products. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

Volatility Over Time: PPY's weekly volatility has decreased from 38% to 8% over the past year.


Market Performance


7 Day Return

6.5%

PPY

1.0%

AU Forestry

-2.2%

AU Market


1 Year Return

n/a

PPY

55.0%

AU Forestry

33.8%

AU Market

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

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


Shareholder returns

PPYIndustryMarket
7 Day6.5%1.0%-2.2%
30 Day-19.5%5.0%-1.0%
90 Day-36.5%7.9%1.0%
1 Yearn/a59.2%55.0%38.1%33.8%
3 Year200.0%200.0%-34.3%-37.5%30.2%14.7%
5 Year200.0%200.0%77.4%39.3%63.5%31.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Papyrus Australia undervalued compared to its fair value and its price relative to the market?

62.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PPY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PPY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PPY is poor value based on its PE Ratio (62.9x) compared to the Global Forestry industry average (16.6x).

PE vs Market: PPY is poor value based on its PE Ratio (62.9x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PPY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PPY is overvalued based on its PB Ratio (3.5x) compared to the XO Forestry industry average (0.7x).


Future Growth

How is Papyrus Australia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.1%

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 Papyrus Australia 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 Papyrus Australia performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPY has a large one-off gain of A$340.1K impacting its December 31 2020 financial results.

Growing Profit Margin: PPY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PPY has become profitable over the past 5 years, growing earnings by 20.1% per year.

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

Earnings vs Industry: PPY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (14.5%).


Return on Equity

High ROE: PPY's Return on Equity (3.7%) is considered low.


Financial Health

How is Papyrus Australia's financial position?


Financial Position Analysis

Short Term Liabilities: PPY's short term assets (A$3.6M) exceed its short term liabilities (A$118.2K).

Long Term Liabilities: PPY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PPY is debt free.

Reducing Debt: PPY currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

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


Balance Sheet


Dividend

What is Papyrus Australia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

9.7yrs

Average board tenure


CEO

Ramy Azer

16.33yrs

Tenure

Mr. Ramy Abraham Azer, MSTC, MSc (Eng), Grad Dip Bus, B Eng (Mech), serves as Managing Director of Papyrus Australia Ltd. since 2005. He had served as Executive Director of Technology at Papyrus Australia ...


Board Members

Experienced Board: PPY's board of directors are considered experienced (9.7 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 substantially diluted in the past year, with total shares outstanding growing by 53.1%.


Top Shareholders

Company Information

Papyrus Australia Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Papyrus Australia Limited
  • Ticker: PPY
  • Exchange: ASX
  • Founded: 1995
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: AU$13.259m
  • Shares outstanding: 427.71m
  • Website: https://www.papyrusaustralia.com.au

Location

  • Papyrus Australia Limited
  • Torrensville Plaza
  • Mile End
  • Adelaide
  • South Australia
  • 5031
  • Australia

Listings


Biography

Papyrus Australia Limited develops a technology that converts the waste trunk of the banana palm into forest wood products. Its products include panels, hardboards, and veneers for use in the paper, packag...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 08:03
End of Day Share Price2021/05/18 00:00
Earnings2020/12/31
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.