| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
PZC Stock Overview
PZ Cussons Plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£1.96 |
| 52 Week High | UK£2.80 |
| 52 Week Low | UK£1.90 |
| Beta | 0.22 |
| 1 Month Change | -0.71% |
| 3 Month Change | -9.17% |
| 1 Year Change | -17.74% |
| 3 Year Change | 9.85% |
| 5 Year Change | -35.57% |
| Change since IPO | 450.56% |
Recent News & Updates
These 4 Measures Indicate That PZ Cussons (LON:PZC) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Calculating The Intrinsic Value Of PZ Cussons Plc (LON:PZC)
Today we will run through one way of estimating the intrinsic value of PZ Cussons Plc ( LON:PZC ) by estimating the...
PZ Cussons (LON:PZC) Is Paying Out A Larger Dividend Than Last Year
PZ Cussons Plc ( LON:PZC ) has announced that it will be increasing its dividend on the 30th of November to UK£0.034...
Shareholder Returns
| PZC | GB Personal Products | GB Market | |
|---|---|---|---|
| 7D | -0.1% | 7.5% | -5.1% |
| 1Y | -17.7% | -11.7% | 5.1% |
Return vs Industry: PZC underperformed the UK Personal Products industry which returned -11.7% over the past year.
Return vs Market: PZC underperformed the UK Market which returned 5.1% over the past year.
Price Volatility
| PZC volatility | |
|---|---|
| PZC Average Weekly Movement | 3.1% |
| Personal Products Industry Average Movement | 7.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: PZC is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PZC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1884 | 2,943 | Jonathan Myers | https://www.pzcussons.com |
PZ Cussons Plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. It offers toiletries, pharmaceuticals, electrical goods, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils. The company also provides refrigerators, freezers and air conditioners, washing machines, microwaves, table and standing cookers, generators, stabilizers, TVs, DVDs, and home theatres.
PZ Cussons Fundamentals Summary
| PZC fundamental statistics | |
|---|---|
| Market Cap | UK£820.97m |
| Earnings (TTM) | UK£35.00m |
| Revenue (TTM) | UK£603.30m |
23.5x
P/E Ratio1.4x
P/S RatioIs PZC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PZC income statement (TTM) | |
|---|---|
| Revenue | UK£603.30m |
| Cost of Revenue | UK£366.40m |
| Gross Profit | UK£236.90m |
| Expenses | UK£201.90m |
| Earnings | UK£35.00m |
Last Reported Earnings
May 31, 2021
Next Earnings Date
Feb 09, 2022
| Earnings per share (EPS) | 0.084 |
| Gross Margin | 39.27% |
| Net Profit Margin | 5.80% |
| Debt/Equity Ratio | 30.9% |
How did PZC perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield73%
Payout RatioValuation
Is PZ Cussons undervalued compared to its fair value and its price relative to the market?
12.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PZC (£1.96) is trading below our estimate of fair value (£2.25)
Significantly Below Fair Value: PZC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PZC's PE Ratio (23.5x) is in line with the UK Personal Products industry average.
PE vs Market: PZC is poor value based on its PE Ratio (23.5x) compared to the UK market (18x).
Price to Earnings Growth Ratio
PEG Ratio: PZC is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: PZC is good value based on its PB Ratio (2.3x) compared to the GB Personal Products industry average (2.9x).
Future Growth
How is PZ Cussons forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
14.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PZC's forecast earnings growth (14.4% per year) is above the savings rate (0.9%).
Earnings vs Market: PZC's earnings (14.4% per year) are forecast to grow faster than the UK market (12.1% per year).
High Growth Earnings: PZC's earnings are forecast to grow, but not significantly.
Revenue vs Market: PZC's revenue (2.4% per year) is forecast to grow slower than the UK market (4.8% per year).
High Growth Revenue: PZC's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PZC's Return on Equity is forecast to be low in 3 years time (13.2%).
Past Performance
How has PZ Cussons performed over the past 5 years?
-22.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PZC has high quality earnings.
Growing Profit Margin: PZC's current net profit margins (5.8%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: PZC's earnings have declined by 22.5% per year over the past 5 years.
Accelerating Growth: PZC's earnings growth over the past year (177.8%) exceeds its 5-year average (-22.5% per year).
Earnings vs Industry: PZC earnings growth over the past year (177.8%) exceeded the Personal Products industry -4.4%.
Return on Equity
High ROE: PZC's Return on Equity (9.2%) is considered low.
Financial Health
How is PZ Cussons's financial position?
Financial Position Analysis
Short Term Liabilities: PZC's short term assets (£311.9M) exceed its short term liabilities (£190.6M).
Long Term Liabilities: PZC's short term assets (£311.9M) exceed its long term liabilities (£215.6M).
Debt to Equity History and Analysis
Debt Level: PZC's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: PZC's debt to equity ratio has reduced from 58.8% to 30.9% over the past 5 years.
Debt Coverage: PZC's debt is well covered by operating cash flow (42.8%).
Interest Coverage: PZC's interest payments on its debt are well covered by EBIT (54x coverage).
Balance Sheet
Dividend
What is PZ Cussons's current dividend yield, its reliability and sustainability?
3.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PZC's dividend (3.1%) is higher than the bottom 25% of dividend payers in the UK market (1.48%).
High Dividend: PZC's dividend (3.1%) is low compared to the top 25% of dividend payers in the UK market (4.24%).
Stability and Growth of Payments
Stable Dividend: PZC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PZC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.8%), PZC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PZC's dividends in 3 years are forecast to be well covered by earnings (44.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Jonathan Myers (51 yo)
1.67yrs
Tenure
UK£1,517,508
Compensation
Mr. Jonathan Myers has been Chief Executive Officer of and Director PZ Cussons Plc since May 1, 2020. He was Executive Vice President and Chief Operating Officer at Avon Products, Inc. since September 01,...
CEO Compensation Analysis
Compensation vs Market: Jonathan's total compensation ($USD2.05M) is above average for companies of similar size in the UK market ($USD1.07M).
Compensation vs Earnings: Jonathan's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: PZC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: PZC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PZ Cussons Plc's employee growth, exchange listings and data sources
Key Information
- Name: PZ Cussons Plc
- Ticker: PZC
- Exchange: LSE
- Founded: 1884
- Industry: Personal Products
- Sector: Household
- Implied Market Cap: UK£820.967m
- Shares outstanding: 418.43m
- Website: https://www.pzcussons.com
Number of Employees
Location
- PZ Cussons Plc
- Manchester Business Park
- 3500 Aviator Way
- Manchester
- Greater Manchester
- M22 5TG
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/25 21:35 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/05/31 |
| Annual Earnings | 2021/05/31 |
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.