TSXV:PRH

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Pearl River Holdings

Executive Summary

Pearl River Holdings Limited, through its subsidiaries, engages in the manufacture and distribution of plastic products in the People’s Republic of China, Australia, and the United States. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Pearl River Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.6%

PRH

3.9%

CA Chemicals

-1.0%

CA Market


1 Year Return

-10.9%

PRH

-13.4%

CA Chemicals

-4.3%

CA Market

Return vs Industry: PRH exceeded the Canadian Chemicals industry which returned -15.4% over the past year.

Return vs Market: PRH underperformed the Canadian Market which returned -4.2% over the past year.


Shareholder returns

PRHIndustryMarket
7 Day-14.6%3.9%-1.0%
30 Day-14.6%4.5%1.3%
90 Dayn/a23.3%1.9%
1 Year-10.9%-10.9%-9.1%-13.4%-0.9%-4.3%
3 Year-54.4%-54.4%-30.6%-38.2%6.4%-4.0%
5 Year-33.9%-33.9%-13.7%-28.8%33.3%12.8%

Price Volatility Vs. Market

How volatile is Pearl River Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pearl River Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRH (CA$0.21) is trading below our estimate of fair value (CA$6.25)

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


Price To Earnings Ratio

PE vs Industry: PRH is good value based on its PE Ratio (2.9x) compared to the CA Chemicals industry average (28.1x).

PE vs Market: PRH is good value based on its PE Ratio (2.9x) compared to the Canadian market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PRH is good value based on its PB Ratio (0.4x) compared to the CA Chemicals industry average (2.3x).


Next Steps

Future Growth

How is Pearl River Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.7%

Forecasted Materials 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 Pearl River Holdings 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 Pearl River Holdings performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRH has high quality earnings.

Growing Profit Margin: PRH's current net profit margins (3.4%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: PRH's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: PRH's earnings growth over the past year (100.9%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: PRH earnings growth over the past year (100.9%) exceeded the Chemicals industry -17.5%.


Return on Equity

High ROE: PRH's Return on Equity (12.3%) is considered low.


Next Steps

Financial Health

How is Pearl River Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PRH's short term assets (CN¥145.5M) exceed its short term liabilities (CN¥68.7M).

Long Term Liabilities: PRH's short term assets (CN¥145.5M) exceed its long term liabilities (CN¥21.9M).


Debt to Equity History and Analysis

Debt Level: PRH's debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: PRH's debt to equity ratio has reduced from 12.3% to 10.4% over the past 5 years.

Debt Coverage: PRH's debt is well covered by operating cash flow (269.7%).

Interest Coverage: PRH's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Pearl River Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRH's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

3.5yrs

Average board tenure


CEO

George Lunick (61 yo)

25.42yrs

Tenure

CN¥83,180

Compensation

Mr. George W. Lunick has been the Chief Executive Officer, President, Chief Financial Officer and Secretary of Carrington Acquisition Corp. since July 2005. Mr. Lunick has been the Chief Executive Officer ...


Board Members

NamePositionTenureCompensationOwnership
George Lunick
CEO, President & Director25.42yrsCN¥83.18k4.84%
CN¥ 270.8k
James Filer
Independent Director19.92yrsCN¥2.00kno data
Jorge Enrique Ruiz
Independent Chairman of the Board3.5yrsCN¥2.00kno data
Imanol Rius
Director0.58yrno datano data
Cassandra Lunick
Director0.58yrno datano data

3.5yrs

Average Tenure

Experienced Board: PRH's board of directors are considered experienced (3.5 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Pearl River Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pearl River Holdings Limited
  • Ticker: PRH
  • Exchange: TSXV
  • Founded: 1994
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: CA$5.599m
  • Shares outstanding: 27.31m

Location

  • Pearl River Holdings Limited
  • 383 Richmond Street
  • Suite 500
  • London
  • Ontario
  • N6A 3C4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRHTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1995

Biography

Pearl River Holdings Limited, through its subsidiaries, engages in the manufacture and distribution of plastic products in the People’s Republic of China, Australia, and the United States. The company was ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:00
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.