ENXTBR:PAY

Stock Analysis Report

Payton Planar Magnetics

Executive Summary

Payton Planar Magnetics Ltd., together with its subsidiaries, develops, manufactures, and markets planar and conventional transformers worldwide.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Payton Planar Magnetics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PAY has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.8%

PAY

-0.4%

BE Electronic

-1.8%

BE Market


1 Year Return

-11.0%

PAY

26.5%

BE Electronic

8.2%

BE Market

Return vs Industry: PAY underperformed the Belgian Electronic industry which returned 26.5% over the past year.

Return vs Market: PAY underperformed the Belgian Market which returned 8.2% over the past year.


Shareholder returns

PAYIndustryMarket
7 Day0.8%-0.4%-1.8%
30 Day-1.5%4.0%-0.4%
90 Day5.7%10.5%0.1%
1 Year-7.4%-11.0%28.7%26.5%10.3%8.2%
3 Year183.3%156.9%52.4%44.9%-4.5%-10.8%
5 Year494.8%400.0%98.8%81.5%-3.1%-14.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Payton Planar Magnetics undervalued compared to its fair value and its price relative to the market?

37.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PAY (€6.5) is trading below our estimate of fair value (€10.41)

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


Price To Earnings Ratio

PE vs Industry: PAY is good value based on its PE Ratio (12.2x) compared to the Electronic industry average (18.8x).

PE vs Market: PAY is good value based on its PE Ratio (12.2x) compared to the Belgian market (17.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PAY is overvalued based on its PB Ratio (2.7x) compared to the XE Electronic industry average (2.2x).


Next Steps

Future Growth

How is Payton Planar Magnetics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Tech 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 Payton Planar Magnetics 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 Payton Planar Magnetics performed over the past 5 years?

38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PAY has high quality earnings.

Growing Profit Margin: PAY's current net profit margins (24.5%) are higher than last year (21.6%).


Past Earnings Growth Analysis

Earnings Trend: PAY's earnings have grown significantly by 38.1% per year over the past 5 years.

Accelerating Growth: PAY's earnings growth over the past year (16%) is below its 5-year average (38.1% per year).

Earnings vs Industry: PAY earnings growth over the past year (16%) exceeded the Electronic industry 9%.


Return on Equity

High ROE: PAY's Return on Equity (21.9%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Payton Planar Magnetics's financial position?


Financial Position Analysis

Short Term Liabilities: PAY's short term assets ($42.1M) exceed its short term liabilities ($6.0M).

Long Term Liabilities: PAY's short term assets ($42.1M) exceed its long term liabilities ($1.8M).


Debt to Equity History and Analysis

Debt Level: PAY is debt free.

Reducing Debt: PAY has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.

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

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


Balance Sheet

Inventory Level: PAY has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PAY's debt is covered by short term assets.


Next Steps

Dividend

What is Payton Planar Magnetics's current dividend yield, its reliability and sustainability?

4.25%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%2.1%markettop25%4.3%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: PAY's dividend (4.25%) is higher than the bottom 25% of dividend payers in the Belgian market (2.06%).

High Dividend: PAY's dividend (4.25%) is low compared to the top 25% of dividend payers in the Belgian market (4.31%).


Stability and Growth of Payments

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

Growing Dividend: PAY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52%), PAY's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Doron Yativ 0

0

Mr. Doron Yativ has been the Chief Executive Officer of Payton Planar Magnetics Ltd. since November 11, 2011. Mr. Yativ serves as Payton's Vice President Marketing and Business development. He served as Vi ...


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Payton Planar Magnetics Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Payton Planar Magnetics Ltd.
  • 3 Ha’avoda Street
  • Ness-Ziona
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PAYENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJun 1998
0NSTLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 1998
PAYBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 1998

Biography

Payton Planar Magnetics Ltd., together with its subsidiaries, develops, manufactures, and markets planar and conventional transformers worldwide. It offers, transformers; inductors comprising common mode chocks; and off the shelf SMT planar transformers. The company was incorporated in 1992 and is headquartered in Ness-Ziona, Israel. Payton Planar Magnetics Ltd. is a subsidiary of Payton Industries Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 21:07
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.