Plano & Plano Desenvolvimento Imobiliário (BOVESPA:PLPL3) - Share price, News & Analysis

PLPL3 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

PLPL3 Stock Overview

Plano & Plano Desenvolvimento Imobiliário S.A.

Rewards

Trading at 6.2% below our estimate of its fair value

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (8.4%) are lower than last year (15.9%)

Plano & Plano Desenvolvimento Imobiliário Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Plano & Plano Desenvolvimento Imobiliário
Historical stock prices
Current Share Price	R$2.41
52 Week High	R$7.00
52 Week Low	R$2.32
Beta	0
1 Month Change	-13.93%
3 Month Change	-25.62%
1 Year Change	-60.23%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-74.36%

Recent News & Updates

Mar 31

Plano & Plano Desenvolvimento Imobiliário (BVMF:PLPL3) Will Want To Turn Around Its Return Trends

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

	PLPL3	BR Consumer Durables	BR Market
7D	-4.0%	-2.1%	0.04%
1Y	-60.2%	-42.5%	-19.7%

Return vs Industry: PLPL3 underperformed the BR Consumer Durables industry which returned -40.8% over the past year.

Return vs Market: PLPL3 underperformed the BR Market which returned -19.1% over the past year.

Price Volatility

Is PLPL3's price volatile compared to industry and market?
PLPL3 volatility
PLPL3 Average Weekly Movement	7.9%
Consumer Durables Industry Average Movement	7.6%
Market Average Movement	6.3%
10% most volatile stocks in BR Market	9.9%
10% least volatile stocks in BR Market	3.0%

Stable Share Price: PLPL3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PLPL3's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	609	Rodrigo Fairbanks Uhlendorff	https://www.planoeplano.com.br

Plano & Plano Desenvolvimento Imobiliário S.A. develops and constructs residential projects in the São Paulo Metropolitan Region. The company was founded in 1997 and is based in São Paulo, Brazil.

Plano & Plano Desenvolvimento Imobiliário Fundamentals Summary

How do Plano & Plano Desenvolvimento Imobiliário's earnings and revenue compare to its market cap?
PLPL3 fundamental statistics
Market Cap	R$486.59m
Earnings (TTM)	R$107.11m
Revenue (TTM)	R$1.28b

4.5x

P/E Ratio

0.4x

P/S Ratio

Is PLPL3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLPL3 income statement (TTM)
Revenue	R$1.28b
Cost of Revenue	R$896.39m
Gross Profit	R$378.67m
Other Expenses	R$271.57m
Earnings	R$107.11m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.53
Gross Margin	29.70%
Net Profit Margin	8.40%
Debt/Equity Ratio	124.2%

How did PLPL3 perform over the long term?

See historical performance and comparison

Valuation

Is Plano & Plano Desenvolvimento Imobiliário undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

6.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: PLPL3 (R$2.41) is trading below our estimate of fair value (R$2.57)

Significantly Below Fair Value: PLPL3 is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: PLPL3 is good value based on its Price-To-Earnings Ratio (4.5x) compared to the BR Consumer Durables industry average (6.5x).

PE vs Market: PLPL3 is good value based on its Price-To-Earnings Ratio (4.5x) compared to the BR market (9x).

Price to Earnings Growth Ratio

PEG Ratio: PLPL3 is good value based on its PEG Ratio (0.6x)

Price to Book Ratio

PB vs Industry: PLPL3 is overvalued based on its Price-To-Book Ratio (1.5x) compared to the BR Consumer Durables industry average (0.8x).

Future Growth

How is Plano & Plano Desenvolvimento Imobiliário forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

8.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLPL3's forecast earnings growth (8.2% per year) is below the savings rate (9.1%).

Earnings vs Market: PLPL3's earnings (8.2% per year) are forecast to grow faster than the BR market (6% per year).

High Growth Earnings: PLPL3's earnings are forecast to grow, but not significantly.

Revenue vs Market: PLPL3's revenue (5.1% per year) is forecast to grow slower than the BR market (6.1% per year).

High Growth Revenue: PLPL3's revenue (5.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PLPL3's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Plano & Plano Desenvolvimento Imobiliário performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

23.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PLPL3 has high quality earnings.

Growing Profit Margin: PLPL3's current net profit margins (8.4%) are lower than last year (15.9%).

Past Earnings Growth Analysis

Earnings Trend: PLPL3's earnings have grown significantly by 23.7% per year over the past 5 years.

Accelerating Growth: PLPL3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PLPL3 had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (15.3%).

Return on Equity

High ROE: Whilst PLPL3's Return on Equity (32.25%) is high, this metric is skewed due to their high level of debt.

Financial Health

How is Plano & Plano Desenvolvimento Imobiliário's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: PLPL3's short term assets (R$1.2B) exceed its short term liabilities (R$250.2M).

Long Term Liabilities: PLPL3's short term assets (R$1.2B) exceed its long term liabilities (R$795.1M).

Debt to Equity History and Analysis

Debt Level: PLPL3's net debt to equity ratio (63.6%) is considered high.

Reducing Debt: Insufficient data to determine if PLPL3's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PLPL3's debt is not well covered by operating cash flow (17.9%).

Interest Coverage: PLPL3's interest payments on its debt are well covered by EBIT (144.5x coverage).

Balance Sheet

Dividend

What is Plano & Plano Desenvolvimento Imobiliário current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

18.26%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLPL3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLPL3'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 PLPL3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLPL3's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PLPL3 has not reported any payouts.

Discover strong dividend paying companies

Management

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

CEO

Rodrigo Fairbanks Uhlendorff

1.92yrs

Tenure

Mr. Rodrigo Fairbanks von Uhlendorff serves as Chief Executive Officer at Plano & Plano Desenvolvimento Imobiliário S.A. since June 30, 2020 and also serves as its Director.

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31