Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States.
Second-rate dividend payer and slightly overvalued.
Share Price & News
How has Premium Brands Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PBH exceeded the Canadian Food industry which returned -14.6% over the past year.
Return vs Market: PBH exceeded the Canadian Market which returned -4.6% over the past year.
Price Volatility Vs. Market
How volatile is Premium Brands Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWe Think Premium Brands Holdings (TSE:PBH) Is Taking Some Risk With Its Debt
3 months ago | Simply Wall StWhat You Must Know About Premium Brands Holdings Corporation's (TSE:PBH) Beta Value
3 months ago | Simply Wall StIs Now The Time To Look At Buying Premium Brands Holdings Corporation (TSE:PBH)?
Is Premium Brands Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBH (CA$98.82) is trading below our estimate of fair value (CA$249.23)
Significantly Below Fair Value: PBH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PBH is poor value based on its PE Ratio (42x) compared to the CA Food industry average (15x).
PE vs Market: PBH is poor value based on its PE Ratio (42x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBH is overvalued based on its PB Ratio (3.4x) compared to the CA Food industry average (1.5x).
How is Premium Brands Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PBH's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if PBH's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PBH's revenue (6.9% per year) is forecast to grow faster than the Canadian market (6% per year).
High Growth Revenue: PBH's revenue (6.9% 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 PBH's Return on Equity is forecast to be high in 3 years time
How has Premium Brands Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBH has high quality earnings.
Growing Profit Margin: PBH's current net profit margins (2.3%) are lower than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: PBH's earnings have grown significantly by 26.6% per year over the past 5 years.
Accelerating Growth: PBH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PBH had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Food industry average (-8.9%).
Return on Equity
High ROE: PBH's Return on Equity (7.9%) is considered low.
How is Premium Brands Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PBH's short term assets (CA$874.6M) exceed its short term liabilities (CA$452.6M).
Long Term Liabilities: PBH's short term assets (CA$874.6M) do not cover its long term liabilities (CA$1.6B).
Debt to Equity History and Analysis
Debt Level: PBH's debt to equity ratio (105.1%) is considered high.
Reducing Debt: PBH's debt to equity ratio has reduced from 161.7% to 105.1% over the past 5 years.
Debt Coverage: PBH's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: PBH's interest payments on its debt are not well covered by EBIT (3x coverage).
What is Premium Brands Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBH's dividend (2.34%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: PBH's dividend (2.34%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).
Stability and Growth of Payments
Stable Dividend: PBH's dividends per share have been stable in the past 10 years.
Growing Dividend: PBH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91.5%), PBH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
George Paleologou (59 yo)
Mr. George Paleologou, CA has been Chief Executive Officer of Premium Brands Holdings Corporation (alternate name Premium Brands Inc.) since May 2008. Prior to that he was President of Premium Brands Holdi ...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD1.36M) is below average for companies of similar size in the Canadian market ($USD3.17M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||20.58yrs||CA$1.29m||0.41% |
|Chief Executive Officer of Concord Premium Meats Ltd.||no data||CA$821.30k||no data|
|Chief Executive Officer of Oberto Snacks Inc.||no data||CA$1.13m||no data|
|Chief Executive Officer of Expresco Foods Inc||no data||CA$857.77k||no data|
|General Counsel & Corporate Secretary||21.58yrs||no data||0.086% |
|Chief Operating Officer of Quality Fast Foods||no data||no data||no data|
|President of PB Premium Processed Meats Group||no data||CA$556.40k||no data|
|President of Premium Brands Bakery Group||no data||CA$225.30k||no data|
|Chief Executive Officer of Harlan Fairbanks and President of Harlan Fairbanks||no data||CA$389.62k||no data|
|President & COO of PB Food Service||no data||CA$794.99k||no data|
|President of PB Sandwich Group||no data||CA$1.06m||0.20% |
Experienced Management: PBH's management team is seasoned and experienced (20.6 years average tenure).
|Independent Director||13.58yrs||CA$137.48k||0.19% |
|Independent Director||15.08yrs||CA$138.98k||0.029% |
|Independent Chairman||13.25yrs||CA$307.48k||0.029% |
|Independent Director||13.25yrs||CA$126.23k||0.038% |
|Chairman of Hempler Foods Group||no data||no data||no data|
|Independent Director||5.25yrs||CA$123.74k||0.035% |
|Independent Director||0.75yr||CA$13.31k||no data|
Experienced Board: PBH's board of directors are seasoned and experienced ( 13.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PBH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.
Premium Brands Holdings Corporation's company bio, employee growth, exchange listings and data sources
- Name: Premium Brands Holdings Corporation
- Ticker: PBH
- Exchange: TSX
- Founded: 1917
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$3.914b
- Shares outstanding: 39.60m
- Website: https://www.premiumbrandsholdings.com
Number of Employees
- Premium Brands Holdings Corporation
- 100 - 10991 Shellbridge Way
- British Columbia
- V6X 3C6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBH||TSX (The Toronto Stock Exchange)||Yes||New Common Shares||CA||CAD||Nov 1996|
|PRBZF||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Nov 1996|
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 00:58|
|End of Day Share Price||2020/08/06 00:00|
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.