DB:PPL

Stock Analysis Report

Executive Summary

PannErgy Plc generates power through the exploitation of geothermal water resources.

Snowflake

Fundamentals

Fair value with limited growth.

Risks

  • PannErgy is not covered by any analysts.

Share Price & News

How has PannErgy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.9%

DB:PPL

0.4%

DE Renewable Energy

-1.5%

DE Market


1 Year Return

6.3%

DB:PPL

9.1%

DE Renewable Energy

-10.4%

DE Market

PPL underperformed the Renewable Energy industry which returned 9.1% over the past year.

PPL outperformed the Market in Germany which returned -10.4% over the past year.


Share holder returns

PPLIndustryMarket
7 Day-0.9%0.4%-1.5%
30 Day-2.2%-0.9%-4.3%
90 Day2.8%5.5%-5.9%
1 Year6.3%6.3%13.0%9.1%-7.6%-10.4%
3 Year70.7%70.7%36.5%27.1%9.4%0.03%
5 Year119.9%119.9%50.0%50.0%25.6%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PannErgy undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

PannErgy's share price is below the future cash flow value, and at a moderate discount (> 20%).

PannErgy's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

PannErgy is overvalued based on earnings compared to the Europe Renewable Energy industry average.

PannErgy is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for PannErgy, we can't assess if its growth is good value.


Price Based on Value of Assets

PannErgy is good value based on assets compared to the Europe Renewable Energy industry average.


Next Steps

Future Growth

How is PannErgy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if PannErgy is high growth as no revenue estimate data is available.

PannErgy's earnings are expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).

Unable to compare PannErgy's revenue growth to the Germany market average as no estimate data is available.

PannErgy's earnings growth is expected to exceed the Germany market average.

PannErgy's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if PannErgy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has PannErgy performed over the past 5 years?

66.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PannErgy has delivered over 20% year on year earnings growth in the past 5 years.

PannErgy's 1-year earnings growth is negative, it can't be compared to the 5-year average.

PannErgy's 1-year earnings growth is negative, it can't be compared to the Europe Renewable Energy industry average.


Return on Equity

PannErgy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

PannErgy used its assets less efficiently than the Europe Renewable Energy industry average last year based on Return on Assets.


Return on Capital Employed

PannErgy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is PannErgy's financial position?


Financial Position Analysis

PannErgy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

PannErgy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

PannErgy's level of debt (100.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (30% vs 100.6% today).

Debt is well covered by operating cash flow (22.8%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


Next Steps

Dividend

What is PannErgy's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate PannErgy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate PannErgy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as PannErgy has not reported any payouts.

Unable to verify if PannErgy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as PannErgy has not reported any payouts.


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 PannErgy's salary, the management and board of directors tenure and is there insider trading?

12.0yrs

Average board tenure


CEO

Dénes Gyimóthy

4.3yrs

Tenure

Ft2,520,000

Compensation

Mr. Dénes Gyimóthy has been Acting Chief Executive Officer of PannErgy Plc since May 5, 2015 and has served as its Vice Chairman since August 31, 2007. Mr. Gyimóthy served as the Chief Executive Officer an ...


Board Age and Tenure

12.0yrs

Average Tenure

The average tenure for the PannErgy board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dénes Gyimóthy

    Vice Chairman & Acting CEO

    • Tenure: 4.3yrs
    • Compensation: HUF2.52m
  • Valéria Szabó

    IR & PR Consultant


Board Members

  • Balázs Bokorovics

    Chairman

    • Tenure: 12.0yrs
    • Compensation: HUF3.12m
  • István Töröcskei (69yo)

    Director

    • Tenure: 12.0yrs
    • Compensation: HUF2.52m
  • Dénes Gyimóthy

    Vice Chairman & Acting CEO

    • Tenure: 12.0yrs
    • Compensation: HUF2.52m
  • Attila Juhász (54yo)

    Director

    • Tenure: 12.0yrs
    • Compensation: HUF2.52m
  • Csaba Major

    Director

    • Tenure: 6.3yrs
    • Compensation: HUF2.52m
  • Lilla Martonfalvay

    Director

    • Tenure: 3.3yrs
  • Katalin Gyimóthy

    Director

    • Tenure: 3.3yrs

Company Information

PannErgy Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PannErgy Plc
  • Ticker: PPL
  • Exchange: DB
  • Founded: 1922
  • Industry: renewable electricity
  • Sector: utilities
  • Market Cap: Ft13.514b
  • Listing Market Cap: Ft41.616m
  • Shares outstanding: 18.41m
  • Website: Click here

Number of Employees


Location

  • PannErgy Plc
  • Budafoki út 56
  • Budapest
  • 1117
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PPLDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1994
PANNERGYBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFJun 1994

Biography

PannErgy Plc generates power through the exploitation of geothermal water resources. It operates through central heating and power plants located in Miskolc, Szentlorinc, Berekfürdo, and Gyor of Hungary. T ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 20:41
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.