ASX:PNW

Stock Analysis Report

Pacific Star Network

Executive Summary

Pacific Star Network Limited operates as a media company in Australia.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.

Share Price & News

How has Pacific Star Network's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

PNW

-3.4%

AU Media

0.4%

AU Market


1 Year Return

-15.2%

PNW

-19.1%

AU Media

9.8%

AU Market

Return vs Industry: PNW exceeded the Australian Media industry which returned -19.1% over the past year.

Return vs Market: PNW underperformed the Australian Market which returned 9.8% over the past year.


Shareholder returns

PNWIndustryMarket
7 Day0%-3.4%0.4%
30 Day1.8%-7.6%-1.1%
90 Day-6.7%-13.4%-0.6%
1 Year-15.2%-15.2%-15.2%-19.1%16.1%9.8%
3 Year27.3%27.3%6.0%-15.8%36.1%17.9%
5 Year19.1%0%-8.9%-36.8%49.4%15.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Pacific Star Network undervalued compared to its fair value and its price relative to the market?

19.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: PNW (A$0.28) is trading above our estimate of fair value (A$0.06)

Significantly Undervalued: PNW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PNW is poor value based on its PE Ratio (19.4x) compared to the Media industry average (16.5x).

PE vs Market: PNW is poor value based on its PE Ratio (19.4x) compared to the Australian market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PNW is good value based on its PB Ratio (1.3x) compared to the AU Media industry average (1.3x).


Next Steps

Future Growth

How is Pacific Star Network forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.4%

Forecasted Media 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 Pacific Star Network 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 Pacific Star Network performed over the past 5 years?

-26.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PNW's earnings have declined by -26.9% per year over the past 5 years.

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

Earnings vs Industry: PNW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-13.9%).


Return on Equity

High ROE: PNW's Return on Equity (6.6%) is considered low.


Return on Assets

ROA vs Industry: PNW has a higher Return on Assets than the Media industry average last year.


Return on Capital Employed

ROCE Improving: PNW has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Pacific Star Network's financial position?


Financial Position Analysis

Short Term Liabilities: PNW's short term assets (A$21.7M) exceeds its short term liabilities (A$12.5M)

Long Term Liabilities: PNW's short term assets (21.7M) exceeds its long term liabilities (14.2M)


Debt to Equity History and Analysis

Debt Level: PNW's debt to equity ratio (19.2%) is considered satisfactory

Reducing Debt: PNW's debt to equity ratio has increased from 4.4% to 19.2% over the past 5 years.

Debt Coverage: PNW's debt is well covered by operating cash flow (39.5%).

Interest Coverage: PNW's interest payments on its debt are well covered by EBIT (13.3x coverage).


Balance Sheet

Inventory Level: PNW has a low level of unsold assets or inventory.

Debt Coverage by Assets: PNW's debt is covered by short term assets (assets are 2.563210x debt).


Next Steps

Dividend

What is Pacific Star Network's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.4%markettop25%5.6%industryaverage5.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate PNW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PNW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PNW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PNW is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PNW's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Pacific Star Network's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Craig Hutchison 0

1.6yrs

Tenure

AU$511,659

Compensation

Mr. Craig Hutchison serves as the Chief Executive Officer, Managing Director and Director at Pacific Star Network Limited. Mr. Hutchison started out with the Herald Sun newspaper in 1994. After a successf ...


CEO Compensation Analysis

Compensation vs. Market: Craig has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Australian market.

Compensation vs Earnings: Insufficient data to compare Craig's compensation with company performance.


Management Age and Tenure

2.6yrs

Average Tenure

Experienced Management: PNW's management team is considered experienced (2.6 years average tenure).


Board Age and Tenure

1.9yrs

Average Tenure

56yo

Average Age

Experienced Board: PNW's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$539,16102 Apr 19
Viburnum Funds Pty Ltd.
EntityCompany
Shares1,585,951
Max PriceAU$0.34

Ownership Breakdown


Management Team

  • Helen Davies

    Operations Director of Broadcasting

    • Tenure: 0yrs
    • Compensation: AU$279.67k
  • Gaye Murray

    General Manager of Frankie Press

    • Tenure: 4.1yrs
    • Compensation: AU$213.28k
  • Cathy Thomas

    General Manager of Broadcasting

    • Tenure: 3.4yrs
    • Compensation: AU$428.92k
  • Chris Giannopoulos

    Executive Director

    • Tenure: 1.6yrs
    • Compensation: AU$435.40k
  • Craig Hutchison

    CEO, MD & Director

    • Tenure: 1.6yrs
    • Compensation: AU$511.66k
  • Chris Tan

    Chief Financial Officer

    • Tenure: 1.8yrs
  • Jodie Simm

    COO & Company Secretary

    • Tenure: 0yrs
    • Compensation: AU$114.60k
  • Richard Simkiss

    Group Business Director

    • Tenure: 0yrs
    • Compensation: AU$109.49k
  • Sam Bingley

    Chief Commercial Officer & GM (SEN)

    • Tenure: 0yrs
    • Compensation: AU$113.53k
  • Tim Cleary

    Chief Content Officer

    • Tenure: 0yrs
    • Compensation: AU$132.12k

Board Members

  • Craig Coleman (54yo)

    Chairman of the Board

    • Tenure: 1.9yrs
    • Compensation: AU$47.29k
  • Andrew Moffat (58yo)

    Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: AU$34.52k
  • Ron Hall (78yo)

    Alternate Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: AU$18.75k
  • Colm O'Brien (47yo)

    Independent Non-Executive Director

    • Tenure: 4.1yrs
    • Compensation: AU$54.75k
  • Chris Giannopoulos

    Executive Director

    • Tenure: 1.6yrs
    • Compensation: AU$435.40k
  • Craig Hutchison

    CEO, MD & Director

    • Tenure: 1.6yrs
    • Compensation: AU$511.66k

Company Information

Pacific Star Network Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pacific Star Network Limited
  • Ticker: PNW
  • Exchange: ASX
  • Founded:
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: AU$57.352m
  • Shares outstanding: 204.83m
  • Website: https://www.pacificstarnetwork.com.au

Location

  • Pacific Star Network Limited
  • 111 Coventry Street
  • Level 5
  • South Melbourne
  • Victoria
  • 3006
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PNWASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2000

Biography

Pacific Star Network Limited operates as a media company in Australia. The company operates through Broadcasting, Publishing, and Complementary Services segments. It operates three digital radio stations,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 10:32
End of Day Share Price2019/10/08 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.