AIM:PRES

Stock Analysis Report

Pressure Technologies

Executive Summary

Pressure Technologies plc, through its subsidiaries, designs and manufactures high pressure components and systems for the energy, defense, and industrial gases markets in the United Kingdom, Europe, and North America.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • Pressure Technologies is covered by less than 3 analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

AIM:PRES

-4.7%

GB Energy Services

-1.1%

GB Market


1 Year Return

-17.0%

AIM:PRES

-35.6%

GB Energy Services

-5.7%

GB Market

PRES outperformed the Energy Services industry which returned -31.5% over the past year.

PRES underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.3% over the past year.


Share holder returns

PRESIndustryMarket
7 Day0%-4.7%-1.1%
30 Day-9.7%-11.0%-4.4%
90 Day13.2%-7.2%-2.7%
1 Year-17.0%-17.0%-33.2%-35.6%-1.3%-5.7%
3 Year-32.2%-32.2%-32.5%-40.0%17.6%3.9%
5 Year-82.0%-83.3%-50.6%-58.1%26.8%0.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.63x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Pressure Technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Pressure Technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Pressure Technologies is loss making, we can't compare its value to the GB Energy Services industry average.

Pressure Technologies is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Pressure Technologies is good value based on assets compared to the GB Energy Services industry average.


Next Steps

Future Growth

How is Pressure Technologies expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

-9.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Pressure Technologies's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to determine if Pressure Technologies is high growth as no earnings estimate data is available.

Pressure Technologies's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.

Unable to compare Pressure Technologies's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

Unable to compare Pressure Technologies's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Pressure Technologies performed over the past 5 years?

-55.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Pressure Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Pressure Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Pressure Technologies's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Pressure Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Pressure Technologies has efficiently used its assets last year compared to the GB Energy Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Pressure Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Pressure Technologies's financial position?


Financial Position Analysis

Pressure Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Pressure Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Pressure Technologies's level of debt (39%) compared to net worth is satisfactory (less than 40%).

Pressure Technologies had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.

Debt is not well covered by operating cash flow (7.5%, less than 20% of total debt).

Unable to confirm if the interest payments on Pressure Technologies's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

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

0.17%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

No need to calculate the sustainability of Pressure Technologies's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.


Next Steps

Management

What is the CEO of Pressure Technologies's salary, the management and board of directors tenure and is there insider trading?

0.3yrs

Average board tenure


CEO

Chris Walters (49yo)

0.9yrs

Tenure

UK£220,654

Compensation

Mr. Christopher Lee Walters, also known as Chris, has been the Chief Executive Officer of Pressure Technologies plc since September 3, 2018 and has been its Director since February 12, 2019. Mr. Walters is ...


CEO Compensation Analysis

Chris's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Insufficient data for Chris to compare compensation growth.


Board Age and Tenure

0.3yrs

Average Tenure

55.5yo

Average Age

The average tenure for the Pressure Technologies board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jo Allen (42yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 4.1yrs
    • Compensation: UK£199.00k
  • Chris Walters (49yo)

    CEO & Director

    • Tenure: 0.9yrs
    • Compensation: UK£220.65k

Board Members

  • Brian Newman (71yo)

    Senior Independent Non-Executive Director

    • Tenure: 0.2yrs
    • Compensation: UK£50.00k
  • Neil MacDonald (62yo)

    Independent Non-Executive Chairman

    • Tenure: 0.2yrs
    • Compensation: UK£44.00k
  • Jo Allen (42yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 4.1yrs
    • Compensation: UK£199.00k
  • Chris Walters (49yo)

    CEO & Director

    • Tenure: 0.9yrs
    • Compensation: UK£220.65k

Company Information

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


Key Information

  • Name: Pressure Technologies plc
  • Ticker: PRES
  • Exchange: AIM
  • Founded: 1897
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: UK£19.655m
  • Shares outstanding: 18.60m
  • Website: https://www.pressuretechnologies.com

Number of Employees


Location

  • Pressure Technologies plc
  • Newton Business Centre
  • Unit 6b
  • Sheffield
  • South Yorkshire
  • S35 2PH
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRESAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJun 2007

Biography

Pressure Technologies plc, through its subsidiaries, designs and manufactures high pressure components and systems for the energy, defense, and industrial gases markets in the United Kingdom, Europe, and N ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 21:02
End of Day Share Price2019/08/20 00:00
Earnings2019/03/30
Annual Earnings2018/09/29


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.