Petra Diamonds Limited engages in the mining, exploration, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. More Details
+ 1 more risk
Fair value with acceptable track record.
Share Price & News
How has Petra Diamonds's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PDL is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PDL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: PDL underperformed the UK Metals and Mining industry which returned 19.3% over the past year.
Return vs Market: PDL underperformed the UK Market which returned 22% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Petra Diamonds's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 hours ago | Simply Wall StPetra Diamonds (LON:PDL) Is Posting Healthy Earnings, But It Is Not All Good News
2 months ago | Simply Wall StHere's What Petra Diamonds Limited's (LON:PDL) Shareholder Ownership Structure Looks Like
4 months ago | Simply Wall StBreakeven Is Near for Petra Diamonds Limited (LON:PDL)
Is Petra Diamonds undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PDL (£0.02) is trading above our estimate of fair value (£0.01)
Significantly Below Fair Value: PDL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PDL is good value based on its PE Ratio (0.9x) compared to the UK Metals and Mining industry average (7.7x).
PE vs Market: PDL is good value based on its PE Ratio (0.9x) compared to the UK market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: PDL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PDL is good value based on its PB Ratio (0.5x) compared to the GB Metals and Mining industry average (2.1x).
How is Petra Diamonds forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PDL's earnings are forecast to decline over the next 3 years (-91.8% per year).
Earnings vs Market: PDL's earnings are forecast to decline over the next 3 years (-91.8% per year).
High Growth Earnings: PDL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PDL's revenue (7.3% per year) is forecast to grow faster than the UK market (5% per year).
High Growth Revenue: PDL's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PDL's Return on Equity is forecast to be low in 3 years time (12%).
How has Petra Diamonds performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PDL has a large one-off gain of $233.8M impacting its June 30 2021 financial results.
Growing Profit Margin: PDL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PDL has become profitable over the past 5 years, growing earnings by -23.2% per year.
Accelerating Growth: PDL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PDL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (140.8%).
Return on Equity
High ROE: PDL's Return on Equity (56.5%) is considered outstanding.
How is Petra Diamonds's financial position?
Financial Position Analysis
Short Term Liabilities: PDL's short term assets ($334.0M) exceed its short term liabilities ($117.6M).
Long Term Liabilities: PDL's short term assets ($334.0M) do not cover its long term liabilities ($520.7M).
Debt to Equity History and Analysis
Debt Level: PDL's debt to equity ratio (97.7%) is considered high.
Reducing Debt: PDL's debt to equity ratio has increased from 93.2% to 97.7% over the past 5 years.
Debt Coverage: PDL's debt is well covered by operating cash flow (29.5%).
Interest Coverage: PDL's interest payments on its debt are not well covered by EBIT (0.4x coverage).
What is Petra Diamonds's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PDL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PDL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PDL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PDL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PDL is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PDL's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Richard Duffy (57 yo)
Mr. Richard Neil Duffy, B.Com, MBA, has been the Chief Executive Officer and Director of Petra Diamonds Limited since April 1, 2019. He served as the Chief Financial Officer of AngloGold Ashanti Ltd. from...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD475.78K) is about average for companies of similar size in the UK market ($USD557.93K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Experienced Board: PDL's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1022%.
Petra Diamonds Limited's company bio, employee growth, exchange listings and data sources
- Name: Petra Diamonds Limited
- Ticker: PDL
- Exchange: LSE
- Founded: 1997
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: UK£164.683m
- Shares outstanding: 9.71b
- Website: https://www.petradiamonds.com
Number of Employees
- Petra Diamonds Limited
- 52–53 Conduit Street
- 1st Floor
- Greater London
- W1S 2YX
- United Kingdom
Petra Diamonds Limited engages in the mining, exploration, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It holds interest in three underground producing mines, including Cu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/21 22:34|
|End of Day Share Price||2021/09/21 00:00|
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.