North American Palladium Ltd. produces precious metals in Canada.
Outstanding track record with flawless balance sheet.
Share Price & News
How has North American Palladium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PDL has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: PDL exceeded the Canadian Metals and Mining industry which returned 26.9% over the past year.
Return vs Market: PDL exceeded the Canadian Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is North American Palladium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StThese Fundamentals Make North American Palladium Ltd. (TSE:PDL) Truly Worth Looking At
5 months ago | Simply Wall StHow Does North American Palladium Ltd. (TSE:PDL) Fare As A Dividend Stock?
5 months ago | Simply Wall StHere's Why We Think North American Palladium (TSE:PDL) Is Well Worth Watching
Is North American Palladium 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: PDL (CA$19.73) is trading below our estimate of fair value (CA$44.18)
Significantly Below Fair Value: PDL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PDL is good value based on its PE Ratio (6.3x) compared to the Metals and Mining industry average (17.3x).
PE vs Market: PDL is good value based on its PE Ratio (6.3x) compared to the Canadian market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: PDL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PDL is overvalued based on its PB Ratio (1.9x) compared to the CA Metals and Mining industry average (1.5x).
How is North American Palladium forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PDL's earnings are forecast to decline over the next 3 years (-0.4% per year).
Earnings vs Market: PDL's earnings are forecast to decline over the next 3 years (-0.4% per year).
High Growth Earnings: PDL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PDL's revenue (5.2% per year) is forecast to grow faster than the Canadian market (5% per year).
High Growth Revenue: PDL's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PDL's Return on Equity is forecast to be high in 3 years time (21.7%)
How has North American Palladium performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PDL has high quality earnings.
Growing Profit Margin: PDL's current net profit margins (34.5%) are higher than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: PDL has become profitable over the past 5 years, growing earnings by 69.2% per year.
Accelerating Growth: PDL's earnings growth over the past year (230.4%) exceeds its 5-year average (69.2% per year).
Earnings vs Industry: PDL earnings growth over the past year (230.4%) exceeded the Metals and Mining industry -1.4%.
Return on Equity
High ROE: PDL's Return on Equity (29.6%) is considered high.
Return on Assets
Return on Capital Employed
How is North American Palladium's financial position?
Financial Position Analysis
Short Term Liabilities: PDL's short term assets (CA$201.4M) exceed its short term liabilities (CA$52.6M).
Long Term Liabilities: PDL's short term assets (CA$201.4M) exceed its long term liabilities (CA$50.8M).
Debt to Equity History and Analysis
Debt Level: PDL is debt free.
Reducing Debt: PDL has no debt compared to 5 years ago when its debt to equity ratio was 104.4%.
Inventory Level: PDL has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PDL's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PDL is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: PDL is profitable, therefore cash runway is not a concern.
What is North American Palladium's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PDL's dividend (2.03%) is higher than the bottom 25% of dividend payers in the Canadian market (1.88%).
High Dividend: PDL's dividend (2.03%) is low compared to the top 25% of dividend payers in the Canadian market (5.48%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PDL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PDL's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.3%), PDL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PDL's dividends in 3 years are forecast to be well covered by earnings (38.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Gallagher 0
Mr. James E. Gallagher, also known as Jim, B.Eng, serves as Independent Director of Harte Gold Corporation since October 2019. Mr. Gallagher has been the Chief Executive Officer and President of North Amer ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD775.29K) is below average for companies of similar size in the Canadian market ($USD1.63M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|President & CEO||4.3yrs||CA$1.02m||0.011% CA$123.1k|
|VP of Finance & CFO||3.8yrs||CA$488.67k||no data|
|Vice President of Exploration||5.5yrs||CA$501.64k||0.00011% CA$1.3k|
|Vice President of Corporate Affairs and Communications||0yrs||no data||no data|
|Vice President of Human Resources||2.8yrs||no data||0.00014% CA$1.6k|
|General Manager||0yrs||no data||no data|
|Manager of Operational Excellence||0yrs||no data||no data|
Experienced Management: PDL's management team is considered experienced (4.1 years average tenure).
|Independent Director||4.9yrs||CA$70.00k||no data|
|Chairman of the Board||4.9yrs||no data||no data|
|Independent Director||4.9yrs||CA$72.50k||0.0051% CA$59.2k|
|Independent Director||5.5yrs||CA$70.00k||no data|
|Director||4.9yrs||no data||no data|
Experienced Board: PDL's board of directors are considered experienced (4.9 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
North American Palladium Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: North American Palladium Ltd.
- Ticker: PDL
- Exchange: TSX
- Founded: 1968
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$1.161b
- Shares outstanding: 58.84m
- Website: https://www.nap.com
Number of Employees
- North American Palladium Ltd.
- One University Avenue
- Suite 1601
- M5J 2P1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PALD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 1972|
|PDL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 1972|
|NAPN||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Dec 1972|
|NAPN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1972|
|0V9Y||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Dec 1972|
North American Palladium Ltd. produces precious metals in Canada. It explores for palladium, platinum, gold, nickel, copper, and other metals. It primarily holds interest in the Lac des Iles mine that is located to the northwest of Thunder Bay, Ontario. The company was founded in 1968 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/13 23:43|
|End of Day Share Price||2019/12/13 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.