PTD

PittardsAIM:PTD Stock Report

Market Cap

UK£7.9m

7D

-3.9%

1Y

55.7%

Updated

19 Sep, 2021

Data

Company Financials +
PTD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PTD Overview

Pittards plc designs, produces, procures, and sells leather products in the United Kingdom, Europe, North America, the Far East, and internationally.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PTD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PTD's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-3.9%

PTD

-4.5%

GB Luxury

-0.8%

GB Market


1 Year Return

55.7%

PTD

20.3%

GB Luxury

19.9%

GB Market

Return vs Industry: PTD exceeded the UK Luxury industry which returned 20.3% over the past year.

Return vs Market: PTD exceeded the UK Market which returned 19.2% over the past year.


Shareholder returns

PTDIndustryMarket
7 Day-3.9%-4.5%-0.8%
30 Day-1.6%-0.2%-0.8%
90 Day17.1%-12.0%0.6%
1 Year55.7%55.7%22.7%20.3%24.6%19.9%
3 Year-26.8%-26.8%-33.1%-36.3%14.5%2.1%
5 Year-34.9%-34.9%-14.7%-22.1%33.6%9.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Pittards Fundamentals Summary

How do Pittards's earnings and revenue compare to its market cap?
PTD fundamental statistics
Market CapUK£7.93m
Earnings (TTM)-UK£2.43m
Revenue (TTM)UK£15.23m

0.5x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTD income statement (TTM)
RevenueUK£15.23m
Cost of RevenueUK£12.06m
Gross ProfitUK£3.17m
ExpensesUK£5.60m
Earnings-UK£2.43m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin20.84%
Net Profit Margin-15.93%
Debt/Equity Ratio73.2%

How did PTD perform over the long term?

See historical performance and comparison

Valuation

Is Pittards undervalued compared to its fair value and its price relative to the market?

0.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PTD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PTD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PTD is unprofitable, so we can't compare its PE Ratio to the UK Luxury industry average.

PE vs Market: PTD is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PTD is good value based on its PB Ratio (0.6x) compared to the GB Luxury industry average (5.2x).


Future Growth

How is Pittards forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

11.9%

Forecasted Consumer Durables industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PTD's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if PTD's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if PTD's revenue is forecast to grow faster than the UK market.

High Growth Revenue: Insufficient data to determine if PTD's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PTD's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Pittards performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTD is currently unprofitable.

Growing Profit Margin: PTD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTD is unprofitable, and losses have increased over the past 5 years at a rate of 5% per year.

Accelerating Growth: Unable to compare PTD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PTD is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (88.9%).


Return on Equity

High ROE: PTD has a negative Return on Equity (-17.51%), as it is currently unprofitable.


Financial Health

How is Pittards's financial position?


Financial Position Analysis

Short Term Liabilities: PTD's short term assets (£18.0M) exceed its short term liabilities (£9.8M).

Long Term Liabilities: PTD's short term assets (£18.0M) exceed its long term liabilities (£4.1M).


Debt to Equity History and Analysis

Debt Level: PTD's debt to equity ratio (73.2%) is considered high.

Reducing Debt: PTD's debt to equity ratio has increased from 28.5% to 73.2% over the past 5 years.


Balance Sheet


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: PTD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PTD has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.7% each year.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PTD'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 PTD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Reg Hankey (65 yo)

14.17yrs

Tenure

UK£208,000

Compensation

Mr. Reg H. Hankey, BSc, FSLTC, LCGI, FCMI, CDipAF, FCGI, has been the Chief Executive Officer of Pittards plc. since July 19, 2007. Mr. Hankey serves as the President of the British Leather Confederation a...


CEO Compensation Analysis

Compensation vs Market: Reg's total compensation ($USD286.08K) is about average for companies of similar size in the UK market ($USD327.28K).

Compensation vs Earnings: Reg's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PTD's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: PTD's board of directors are considered experienced (5.7 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

Pittards plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pittards plc
  • Ticker: PTD
  • Exchange: AIM
  • Founded: 1826
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: UK£7.931m
  • Shares outstanding: 12.90m
  • Website: https://www.pittards.com

Number of Employees


Location

  • Pittards plc
  • Sherborne Road
  • Yeovil
  • Somerset
  • BA21 5BA
  • United Kingdom

Listings


Biography

Pittards plc designs, produces, procures, and sells leather products in the United Kingdom, Europe, North America, the Far East, and internationally. The company operates in UK and Ethiopia divisions. It i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:33
End of Day Share Price2021/09/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.