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Phileo Australia

ASX:PHI
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PHI
ASX
A$367M
Market Cap
  1. Home
  2. AU
  3. Real Estate
Company description

Phileo Australia Limited develops and rents properties in Australia. The last earnings update was 129 days ago. More info.


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PHI Share Price and Events
7 Day Returns
0%
ASX:PHI
2.3%
AU Real Estate
0.9%
AU Market
1 Year Returns
1.6%
ASX:PHI
-22%
AU Real Estate
-4.3%
AU Market
PHI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Phileo Australia (PHI) 0% 0.2% -7.6% 1.6% 69.3% 257.7%
AU Real Estate 2.3% 3.2% -20.3% -22% -11.3% 5.1%
AU Market 0.9% 4.1% -0.3% -4.3% 21% 5.5%
1 Year Return vs Industry and Market
  • PHI outperformed the Real Estate industry which returned -22% over the past year.
  • PHI outperformed the Market in Australia which returned -4.3% over the past year.
Price Volatility
PHI
Industry
5yr Volatility vs Market

Value

 Is Phileo Australia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Phileo Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Phileo Australia.

ASX:PHI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:PHI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 7.7%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 0.52
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.518 (1 + (1- 30%) (12.85%))
0.564
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.8 * 7.69%)
8.46%

Discounted Cash Flow Calculation for ASX:PHI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Phileo Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:PHI DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (AUD, Millions) 118.61 141.14 166.55 194.86 226.04
Source Est @ 20%, capped from 35.52% Est @ 19%, capped from 35.52% Est @ 18%, capped from 35.52% Est @ 17%, capped from 35.52% Est @ 16%, capped from 35.52%
Present Value
Discounted (@ 8.46%)
109.35 119.98 130.53 140.80 150.58
Present value of next 5 years cash flows A$651.24
ASX:PHI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= A$226.04 × (1 + 2.31%) ÷ (8.46% – 2.31%)
A$3,760.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= A$3,760.11 ÷ (1 + 8.46%)5
A$2,504.98
ASX:PHI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= A$651.24 + A$2,504.98
A$3,156.22
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$3,156.22 / 28.93
A$109.11
ASX:PHI Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$109.11
Current discount Discount to share price of A$12.70
= -1 x (A$12.70 - A$109.11) / A$109.11
88.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Phileo Australia is available for.
Intrinsic value
>50%
Share price is A$12.7 vs Future cash flow value of A$109.11
Current Discount Checks
For Phileo Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Phileo Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Phileo Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Phileo Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Phileo Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PHI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$2.94
ASX:PHI Share Price ** ASX (2019-01-21) in AUD A$12.7
Australia Real Estate Industry PE Ratio Median Figure of 23 Publicly-Listed Real Estate Companies 10.28x
Australia Market PE Ratio Median Figure of 559 Publicly-Listed Companies 15.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Phileo Australia.

ASX:PHI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PHI Share Price ÷ EPS (both in AUD)

= 12.7 ÷ 2.94

4.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Phileo Australia is good value based on earnings compared to the AU Real Estate industry average.
  • Phileo Australia is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Phileo Australia's expected growth come at a high price?
Raw Data
ASX:PHI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-19.9%per year
Australia Real Estate Industry PEG Ratio Median Figure of 10 Publicly-Listed Real Estate Companies -0.44x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Phileo Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Phileo Australia's assets?
Raw Data
ASX:PHI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$7.18
ASX:PHI Share Price * ASX (2019-01-21) in AUD A$12.7
Australia Real Estate Industry PB Ratio Median Figure of 36 Publicly-Listed Real Estate Companies 1.02x
Australia Market PB Ratio Median Figure of 1,663 Publicly-Listed Companies 1.64x
ASX:PHI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PHI Share Price ÷ Book Value per Share (both in AUD)

= 12.7 ÷ 7.18

1.77x

* Primary Listing of Phileo Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Phileo Australia is overvalued based on assets compared to the AU Real Estate industry average.
X
Value checks
We assess Phileo Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Phileo Australia has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Phileo Australia, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-19.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Phileo Australia expected to grow at an attractive rate?
  • Phileo Australia's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Phileo Australia's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
  • Unable to compare Phileo Australia's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:PHI Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:PHI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -19.9%
Australia Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -0.8%
Australia Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 5.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 2.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:PHI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PHI Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 135 138 85
2018-03-31 73 85 50
2017-12-31 11 33 15
2017-09-30 29 34 19
2017-06-30 47 34 23
2017-03-31 47 35 18
2016-12-31 48 35 12
2016-09-30 30 18 11
2016-06-30 13 1 10
2016-03-31 13 0 13
2015-12-31 12 -1 17
2015-09-30 12 -1 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Phileo Australia's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Phileo Australia is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:PHI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Phileo Australia Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PHI Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 2.94
2018-03-31 1.73
2017-12-31 0.52
2017-09-30 0.66
2017-06-30 0.81
2017-03-31 0.61
2016-12-31 0.42
2016-09-30 0.37
2016-06-30 0.33
2016-03-31 0.47
2015-12-31 0.61
2015-09-30 0.59

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Phileo Australia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Phileo Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Phileo Australia has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Phileo Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Phileo Australia's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Phileo Australia has delivered over 20% year on year earnings growth in the past 5 years.
  • Phileo Australia's 1-year earnings growth exceeds its 5-year average (263.8% vs 59.8%)
  • Phileo Australia's earnings growth has exceeded the AU Real Estate industry average in the past year (263.8% vs -6.3%).
Earnings and Revenue History
Phileo Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Phileo Australia Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PHI Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 135.42 85.10 12.40
2018-03-31 73.45 50.05 9.97
2017-12-31 11.49 14.99 7.54
2017-09-30 29.14 19.19 4.94
2017-06-30 46.79 23.39 2.34
2017-03-31 47.26 17.81 2.30
2016-12-31 47.74 12.23 2.26
2016-09-30 30.44 10.89 2.22
2016-06-30 13.15 9.54 2.17
2016-03-31 12.52 13.38 2.15
2015-12-31 11.89 17.23 2.14
2015-09-30 12.31 16.91 2.10
2015-06-30 12.73 16.59 2.05
2015-03-31 13.18 8.16 1.98
2014-12-31 13.62 -0.28 1.91
2014-09-30 13.06 -0.47 1.93
2014-06-30 12.49 -0.66 1.94
2014-03-31 19.00 -2.41 1.96
2013-12-31 25.52 -4.17 1.98
2013-09-30 25.41 0.96 1.96
2013-06-30 25.31 6.08 1.94
2013-03-31 19.09 6.77 1.91
2012-12-31 12.87 7.47 1.87
2012-09-30 13.45 3.10 1.81
2012-06-30 14.02 -1.27 1.76
2012-03-31 14.08 -0.24 1.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Phileo Australia made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Phileo Australia used its assets more efficiently than the AU Real Estate industry average last year based on Return on Assets.
  • Phileo Australia has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Phileo Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Phileo Australia has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Phileo Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Phileo Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Phileo Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Phileo Australia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Phileo Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Phileo Australia Company Filings, last reported 7 months ago.

ASX:PHI Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 207.83 47.23 152.69
2018-03-31 207.83 47.23 152.69
2017-12-31 117.07 47.85 49.80
2017-09-30 117.07 47.85 49.80
2017-06-30 124.18 48.49 19.33
2017-03-31 124.18 48.49 19.33
2016-12-31 103.52 48.94 21.12
2016-09-30 103.52 48.94 21.12
2016-06-30 101.37 61.70 0.92
2016-03-31 101.37 61.70 0.92
2015-12-31 91.86 60.36 1.12
2015-09-30 91.86 60.36 1.12
2015-06-30 92.41 58.41 0.99
2015-03-31 92.41 58.41 0.99
2014-12-31 75.22 55.10 1.01
2014-09-30 75.22 55.10 1.01
2014-06-30 76.37 52.90 1.80
2014-03-31 76.37 52.90 1.80
2013-12-31 76.06 50.73 1.45
2013-09-30 76.06 50.73 1.45
2013-06-30 77.61 49.09 1.45
2013-03-31 77.61 49.09 1.45
2012-12-31 80.81 0.23 2.85
2012-09-30 80.81 0.23 2.85
2012-06-30 72.11 45.23 3.17
2012-03-31 72.11 45.23 3.17
  • Phileo Australia's level of debt (22.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (63.3% vs 22.7% today).
  • Debt is well covered by operating cash flow (291.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 67.2x coverage).
X
Financial health checks
We assess Phileo Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Phileo Australia has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Phileo Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Phileo Australia dividends.
If you bought A$2,000 of Phileo Australia shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Phileo Australia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Phileo Australia's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:PHI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 5.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 421 Stocks 4.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 6.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:PHI Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2018-10-05 0.000 0.000
2018-09-11 0.000 0.000
2017-08-21 0.050 0.411
2016-08-29 0.020 0.222
2015-09-28 0.020 0.242
2014-08-27 0.020 0.370
2013-09-30 0.020 0.664
2013-09-16 0.020 0.976
2012-10-01 0.020 0.895
2011-09-30 0.050 1.912
2010-09-15 0.050 2.356
2009-09-03 0.050 4.009
2009-02-09 0.050 4.734

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Phileo Australia has not reported any payouts.
  • Unable to verify if Phileo Australia's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Phileo Australia's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Phileo Australia has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Phileo Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Phileo Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Phileo Australia has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Phileo Australia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rudy Eng
COMPENSATION A$5,519,220
AGE 59
CEO Bio

Mr. Wah Koh Eng, also known as Rudy, serves as the Managing Director and Chief Executive Officer of Phileo Australia Ltd Mr. Eng served as Managing Director of a Property Development Company and Director of a bank. He has been an Executive Director of Phileo Australia Ltd since December 1995. He has an extensive legal background and significant experience in the property market and banking sectors. Mr. Eng is an Barrister and Solicitor In Malaysia.

CEO Compensation
  • Rudy's compensation has increased by more than 20% in the past year.
  • Rudy's remuneration is higher than average for companies of similar size in Australia.
Management Team

Rudy Eng

TITLE
MD, CEO & Executive Director
COMPENSATION
A$6M
AGE
59

Alfred Sung

TITLE
Executive Director
COMPENSATION
A$5M
AGE
73

Tejas Gandhi

TITLE
Company Secretary & Group Financial Controller
Board of Directors Tenure

Average tenure and age of the Phileo Australia board of directors in years:

20.7
Average Tenure
66
Average Age
  • The average tenure for the Phileo Australia board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Graham Homes

TITLE
Chairman
COMPENSATION
A$36K
AGE
72

Rudy Eng

TITLE
MD, CEO & Executive Director
COMPENSATION
A$6M
AGE
59
TENURE
23.2 yrs

Alfred Sung

TITLE
Executive Director
COMPENSATION
A$5M
AGE
73
TENURE
21.4 yrs

Michael Tan

TITLE
Non-Executive Director
COMPENSATION
A$26K
AGE
59
TENURE
19.9 yrs

Andrew Chooi

TITLE
Non-Executive & Independent Director
COMPENSATION
A$24K
AGE
66
TENURE
18.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Phileo Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Phileo Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Read This Before You Buy Phileo Australia Limited (ASX:PHI) Because Of Its P/E Ratio

To keep it practical, we'll show how Phileo Australia Limited's (ASX:PHI) P/E ratio could help you assess the value on offer. … Phileo Australia has a P/E ratio of 4.31, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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What does Phileo Australia Limited's (ASX:PHI) Balance Sheet Tell Us About Its Future?

Phileo Australia Limited (ASX:PHI) is a small-cap stock with a market capitalization of AU$366m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is.

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A Closer Look At Phileo Australia Limited's (ASX:PHI) Impressive ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Phileo Australia has a return on equity of 41% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What Investors Should Know About Phileo Australia Limited's (ASX:PHI) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

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Is Phileo Australia Limited (ASX:PHI) A Sell At Its Current PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PHI Price per share = A$12.2 Earnings per share = A$0.518 ∴ Price-Earnings Ratio = A$12.2 ÷ A$0.518 = 23.5x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … PHI’s P/E of 23.5x is higher than its industry peers (13.1x), which implies that each dollar of PHI’s earnings is being overvalued by investors.

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Phileo Australia Limited (ASX:PHI) Delivered A Better ROE Than The Industry, Here’s Why

This means Phileo Australia returns enough to cover its own cost of equity, with a buffer of 4.25%. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity ASX:PHI Last Perf Apr 20th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management. … Phileo Australia exhibits a strong ROE against its peers, as well as sufficient returns to cover its cost of equity.

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What does Phileo Australia Limited's (ASX:PHI) Balance Sheet Tell Us About Its Future?

Additionally, PHI has generated cash from operations of AU$33.91M in the last twelve months, leading to an operating cash to total debt ratio of 69.93%, indicating that PHI’s current level of operating cash is high enough to cover debt. … In PHI’s case, it is able to generate 0.7x cash from its debt capital. … Next Steps: Although PHI’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

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What Did Phileo Australia Limited's (ASX:PHI) CEO Take Home Last Year?

See our latest analysis for Phileo Australia What has been the trend in PHI's earnings? … Although I couldn't find information on the breakdown of Eng's pay, if some portion were non-cash items such as stocks and options, then variabilities in PHI's share price can impact the actual level of what the CEO actually receives. … Accounting for the size of PHI in terms of market cap, as well as its performance, using earnings as a proxy, it appears that Eng is paid in-line with other comparable Australian CEOs of profitable small-caps.

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Why You Need To Look At This Factor Before Buying Phileo Australia Limited (ASX:PHI)

PHI’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … With a market cap of AU$376.05M, PHI falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … However, this is the opposite to what PHI’s actual beta value suggests, which is lower stock volatility relative to the market.

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Who Owns Most Of Phileo Australia Limited (ASX:PHI)?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … An ownership of this size indicates a strong financial backing and has the potential to influence PHI's business strategy. … Thus, investors should dig deeper into PHI's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Company Info

Map
Description

Phileo Australia Limited develops and rents properties in Australia. The company’s principal rental property includes the 30-level office building in Melbourne. It also owns and operates the Ramada Encore hotel comprising 108 rooms located in Dandenong CBD. In addition, the company develops residential land in Box Hill and Wyndham Vale. The company is based in Melbourne, Australia.

Details
Name: Phileo Australia Limited
PHI
Exchange: ASX
Founded:
A$367,373,103
28,927,016
Website: http://www.palltd.com.au
Address: Phileo Australia Limited
303 Collins Street,
Level 14,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PHI Ordinary Securities Australian Securities Exchange AU AUD 07. Sep 1992
CHIA PHI Ordinary Securities Chi-X Australia AU AUD 07. Sep 1992
Number of employees
Current staff
Staff numbers
0
Phileo Australia employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/01 10:32
End of day share price update: 2019/01/21 00:00
Last earnings filing: 2018/09/25
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.