Pollard Banknote
Market Cap
CA$541.2m
Last Updated
2019/09/18 23:52 UTC
Data Sources
Company Financials +
Executive Summary
Pollard Banknote Limited, together with its subsidiaries, provides lottery and gaming products and services worldwide.
Snowflake
Fundamentals
Moderate growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Pollard Banknote's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-4.5%
TSX:PBL
-1.6%
CA Hospitality
1.2%
CA Market
1 Year Return
2.1%
TSX:PBL
-20.4%
CA Hospitality
-0.4%
CA Market
PBL outperformed the Hospitality industry which returned -17.4% over the past year.
PBL outperformed the Market in Canada which returned -0.3% over the past year.
Share holder returns
| PBL | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | -1.6% | 1.2% |
| 30 Day | 4.2% | 5.9% | 3.3% |
| 90 Day | -15.8% | -4.5% | 0.8% |
| 1 Year | 2.8%2.1% | -19.9%-20.4% | 3.1%-0.4% |
| 3 Year | 159.5%152.8% | 20.6%17.4% | 18.0%7.4% |
| 5 Year | 368.1%339.8% | -3.3%-6.1% | 22.0%4.5% |
Price Volatility Vs. Market
How volatile is Pollard Banknote's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Have Insiders Been Selling Pollard Banknote Limited (TSE:PBL) Shares?3 weeks ago | Simply Wall St
What Kind Of Shareholders Own Pollard Banknote Limited (TSE:PBL)?1 month ago | Simply Wall St
Is Pollard Banknote Limited's (TSE:PBL) Stock Available For A Good Price After Accounting For Growth?Valuation
Is Pollard Banknote undervalued based on future cash flows and its price relative to the stock market?
29.52x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Pollard Banknote's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Pollard Banknote's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Pollard Banknote is overvalued based on earnings compared to the CA Hospitality industry average.
Pollard Banknote is overvalued based on earnings compared to the Canada market.
Price Based on Expected Growth
Pollard Banknote is poor value based on expected growth next year.
Price Based on Value of Assets
Pollard Banknote is overvalued based on assets compared to the CA Hospitality industry average.
Next Steps
Future Growth
How is Pollard Banknote expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Pollard Banknote's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).
Pollard Banknote's earnings are expected to grow by 15.8% yearly, however this is not considered high growth (20% yearly).
Pollard Banknote's revenue growth is expected to exceed the Canada market average.
Pollard Banknote's earnings growth is expected to exceed the Canada market average.
Pollard Banknote's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Pollard Banknote is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Pollard Banknote performed over the past 5 years?
21.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Pollard Banknote has delivered over 20% year on year earnings growth in the past 5 years.
Pollard Banknote's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Pollard Banknote's 1-year earnings growth is negative, it can't be compared to the CA Hospitality industry average.
Return on Equity
Pollard Banknote has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Pollard Banknote used its assets more efficiently than the CA Hospitality industry average last year based on Return on Assets.
Return on Capital Employed
Pollard Banknote's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Pollard Banknote's financial position?
Financial Position Analysis
Pollard Banknote is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pollard Banknote's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Pollard Banknote's level of debt (110%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (204.3% vs 110% today).
Debt is not well covered by operating cash flow (16.2%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 6.3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.9x debt.
Next Steps
Dividend
What is Pollard Banknote's current dividend yield, its reliability and sustainability?
0.76%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Pollard Banknote before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Pollard Banknote's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (1.96%).
Pollard Banknote's dividend is below the markets top 25% of dividend payers in Canada (5.79%).
Pollard Banknote is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.
Pollard Banknote is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Pollard Banknote's dividends as it is not paying a notable one for Canada.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Pollard Banknote's salary, the management and board of directors tenure and is there insider trading?
8.3yrs
Average management tenure
CEO
John Pollard (57yo)
22.7yrs
Tenure
CA$342,106
Compensation
Mr. John S. Pollard, B.Comm., CA, has been the Co-Chief Executive Officer at Pollard Banknote Limited since 1997, which acts as general partner of Pollard Banknote Income Fund and Pollard Holdings Limited ...
CEO Compensation Analysis
John's remuneration is lower than average for companies of similar size in Canada.
John's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
8.3yrs
Average Tenure
57yo
Average Age
The average tenure for the Pollard Banknote management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
9.5yrs
Average Tenure
59yo
Average Age
The tenure for the Pollard Banknote board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Customer Development |
| Shares | 5,000 |
| Max Price | CA$23.50 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Customer Development |
| Shares | 5,000 |
| Max Price | CA$22.10 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Information Technology |
| Shares | 1,550 |
| Max Price | CA$22.49 |
| Entity | Individual |
| Role | Head of Sales Executive Vice President of Sales & Customer Development |
| Shares | 5,000 |
| Max Price | CA$3.63 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Operations |
| Shares | 5,000 |
| Max Price | CA$23.00 |
| Entity | Individual |
| Role | Chief Operating Officer Executive Vice President of Operations |
| Shares | 5,000 |
| Max Price | CA$23.00 |
Ownership Breakdown
Management Team
John Pollard (57yo)
Co-CEO & Director
- Tenure: 22.7yrs
- Compensation: CA$342.11k
Riva Richard
Executive VP of Legal Affairs
- Tenure: 0yrs
- Compensation: CA$416.33k
Rob Rose
Executive VP of Finance & CFO
- Tenure: 23.7yrs
- Compensation: CA$440.34k
Jennifer Westbury
Executive Vice President of Sales & Customer Development
- Tenure: 0yrs
- Compensation: CA$512.31k
Gordon Pollard (59yo)
Executive Chairman
- Tenure: 8.3yrs
- Compensation: CA$100.93k
Doug Pollard (48yo)
Co-CEO & Director
- Tenure: 14.7yrs
- Compensation: CA$312.11k
Paul Franzmann
Executive Vice President of Corporate Development
- Tenure: 2.3yrs
Rob Young
Executive Vice President of Operations
- Tenure: 0yrs
- Compensation: CA$493.11k
Pedro Melo
Executive Vice President of Information Technology
- Tenure: 2.2yrs
Board Members
Jerry Gray (76yo)
Lead Director
- Tenure: 2.5yrs
- Compensation: CA$70.00k
Dave Brown (59yo)
Director
- Tenure: 2.3yrs
- Compensation: CA$69.50k
Garry Leach (71yo)
Director
- Tenure: 10.7yrs
- Compensation: CA$67.00k
John Pollard (57yo)
Co-CEO & Director
- Tenure: 22.7yrs
- Compensation: CA$342.11k
Gordon Pollard (59yo)
Executive Chairman
- Tenure: 8.3yrs
- Compensation: CA$100.93k
Doug Pollard (48yo)
Co-CEO & Director
- Tenure: 14.7yrs
- Compensation: CA$312.11k
Company Information
Pollard Banknote Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pollard Banknote Limited
- Ticker: PBL
- Exchange: TSX
- Founded: 1907
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: CA$541.169m
- Shares outstanding: 25.64m
- Website: https://www.pollardbanknote.com
Number of Employees
Location
- Pollard Banknote Limited
- 140 Otter Street
- Winnipeg
- Manitoba
- R3T 0M8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PBL | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Aug 2005 |
| PBKO.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Aug 2005 |
Biography
Pollard Banknote Limited, together with its subsidiaries, provides lottery and gaming products and services worldwide. The company operates in two segments, Lotteries and Charitable Gaming, and Diamond Gam ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/18 23:52 |
| End of Day Share Price | 2019/09/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.