company background image
PRT

PRT ASX:PRT Stock Report

Last Price

AU$0.47

Market Cap

AU$170.3m

7D

0%

1Y

97.9%

Updated

24 Apr, 2022

Data

Company Financials +
PRT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

PRT Stock Overview

PRT Company Limited provides commercial television broadcasting services in Australia.

PRT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PRT
Historical stock prices
Current Share PriceAU$0.47
52 Week HighAU$0.47
52 Week LowAU$0.20
Beta0.81
1 Month Change0%
3 Month Change4.49%
1 Year Change97.87%
3 Year Change86.00%
5 Year Change55.00%
Change since IPO5.68%

Recent News & Updates

Nov 01
Prime Media Group (ASX:PRT) Will Be Hoping To Turn Its Returns On Capital Around

Prime Media Group (ASX:PRT) Will Be Hoping To Turn Its Returns On Capital Around

What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...

Shareholder Returns

PRTAU MediaAU Market
7D0%-1.4%-0.05%
1Y97.9%-7.7%0.3%

Return vs Industry: PRT exceeded the Australian Media industry which returned 2.1% over the past year.

Return vs Market: PRT exceeded the Australian Market which returned 6.2% over the past year.

Price Volatility

Is PRT's price volatile compared to industry and market?
PRT volatility
PRT Average Weekly Movementn/a
Media Industry Average Movement6.5%
Market Average Movement9.5%
10% most volatile stocks in AU Market16.6%
10% least volatile stocks in AU Market4.3%

Stable Share Price: Insufficient data to determine PRT's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PRT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/an/ahttps://www.prtcompany.com.au

PRT Company Limited provides commercial television broadcasting services in Australia. It offers free-to-air television broadcasting services under the PRIME7 and GWN7 brands in regional New South Wales, the Australian Capital Territory, regional Victoria, the Gold Coast area of Southern Queensland, and regional Western Australia. The company was formerly known as Prime Media Group Limited and changed its name to PRT Company Limited in January 2022.

PRT Fundamentals Summary

How do PRT's earnings and revenue compare to its market cap?
PRT fundamental statistics
Market CapAU$170.34m
Earnings (TTM)AU$19.55m
Revenue (TTM)AU$168.58m

8.7x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRT income statement (TTM)
RevenueAU$168.58m
Cost of RevenueAU$133.22m
Gross ProfitAU$35.36m
Other ExpensesAU$15.82m
EarningsAU$19.55m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.053
Gross Margin20.98%
Net Profit Margin11.59%
Debt/Equity Ratio0.0%

How did PRT perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

38%

Payout Ratio
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.8%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PRT's forecast earnings growth is above the savings rate (1.8%).

Earnings vs Market: Insufficient data to determine if PRT's earnings are forecast to grow faster than the Australian market

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

Revenue vs Market: PRT's revenue is expected to decline over the next 3 years (-6.8% per year).

High Growth Revenue: PRT's revenue is forecast to decline over the next 3 years (-6.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PRT performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


36.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PRT has a large one-off gain of A$8.9M impacting its December 31 2021 financial results.

Growing Profit Margin: PRT's current net profit margins (11.6%) are higher than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: PRT has become profitable over the past 5 years, growing earnings by 36.4% per year.

Accelerating Growth: PRT's earnings growth over the past year (809.1%) exceeds its 5-year average (36.4% per year).

Earnings vs Industry: PRT earnings growth over the past year (809.1%) exceeded the Media industry 32.7%.


Return on Equity

High ROE: PRT's Return on Equity (14.7%) is considered low.


Financial Health

How is PRT's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PRT's short term assets (A$133.0M) exceed its short term liabilities (A$226.0K).

Long Term Liabilities: PRT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PRT is debt free.

Reducing Debt: PRT has no debt compared to 5 years ago when its debt to equity ratio was 82%.

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

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


Balance Sheet


Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.30%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PRT's dividend (4.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.39%).

High Dividend: PRT's dividend (4.3%) is low compared to the top 25% of dividend payers in the Australian market (5.73%).


Stability and Growth of Payments

Stable Dividend: PRT's dividend payments have been volatile in the past 10 years.

Growing Dividend: PRT's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.7%), PRT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.5%), PRT's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.08yrs

Average board tenure


CEO

PRT has no CEO, or we have no data on them.


Board Members

Experienced Board: PRT's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.


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

PRT Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PRT Company Limited
  • Ticker: PRT
  • Exchange: ASX
  • Founded: 1970
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: AU$170.344m
  • Shares outstanding: 366.33m
  • Website: https://www.prtcompany.com.au

Location

  • PRT Company Limited
  • 363 Antill Street
  • Watson
  • Australian Capital Territory
  • 2602
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/24 00:00
End of Day Share Price2022/01/25 00:00
Earnings2021/12/31
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.