AIM:PPIX

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Executive Summary

ProPhotonix Limited designs, manufactures, sells, and distributes light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, Mexico, South America, Europe, Asia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PPIX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.6%

PPIX

-3.5%

GB Electronic

-5.1%

GB Market


1 Year Return

128.6%

PPIX

19.4%

GB Electronic

-20.0%

GB Market

Return vs Industry: PPIX exceeded the UK Electronic industry which returned 20.9% over the past year.

Return vs Market: PPIX exceeded the UK Market which returned -19.3% over the past year.


Shareholder returns

PPIXIndustryMarket
7 Day-3.6%-3.5%-5.1%
30 Day29.0%0.5%-4.3%
90 Day196.3%8.1%-4.5%
1 Year128.6%128.6%20.4%19.4%-17.0%-20.0%
3 Year-56.2%-56.2%35.1%29.8%-13.6%-24.3%
5 Year146.2%146.2%141.2%124.1%10.2%-14.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PPIX (£0.04) is trading below our estimate of fair value (£0.44)

Significantly Below Fair Value: PPIX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PPIX is good value based on its PE Ratio (3.2x) compared to the GB Electronic industry average (27.5x).

PE vs Market: PPIX is good value based on its PE Ratio (3.2x) compared to the UK market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PPIX is good value based on its PB Ratio (1.1x) compared to the GB Electronic industry average (2.3x).


Next Steps

Future Growth

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

20.3%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ProPhotonix has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has ProPhotonix performed over the past 5 years?

1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PPIX has high quality earnings.

Growing Profit Margin: PPIX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PPIX has become profitable over the past 5 years, growing earnings by 1.4% per year.

Accelerating Growth: PPIX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PPIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-2.1%).


Return on Equity

High ROE: PPIX's Return on Equity (34.3%) is considered high.


Next Steps

Financial Health

How is ProPhotonix's financial position?


Financial Position Analysis

Short Term Liabilities: PPIX's short term assets ($7.0M) exceed its short term liabilities ($3.7M).

Long Term Liabilities: PPIX's short term assets ($7.0M) exceed its long term liabilities ($659.0K).


Debt to Equity History and Analysis

Debt Level: PPIX's debt to equity ratio (12.2%) is considered satisfactory.

Reducing Debt: PPIX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: PPIX's debt is well covered by operating cash flow (378.5%).

Interest Coverage: PPIX's interest payments on its debt are well covered by EBIT (17.8x coverage).


Balance Sheet


Next Steps

Dividend

What is ProPhotonix current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PPIX'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 PPIX'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?

7.4yrs

Average management tenure


CEO

Tim Losik (61 yo)

7.42yrs

Tenure

US$332,000

Compensation

Mr. Timothy Paul Losik, also known as Tim, is the Chief Executive Officer of ProPhotonix Limited since May 28, 2013 and serves as it's President. He served as Chief Financial Officer of ProPhotonix Limited ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD332.00K) is about average for companies of similar size in the UK market ($USD349.56K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Losik
CEO, President & Executive Director7.42yrsUS$332.00k15.66%
$ 563.0k
Edward Dolan
Chief Financial Officer2.58yrsno datano data
Simon Stanley
Managing Director of ProPhotonix Ireland1.75yrsno datano data
Stephen Koski
Chief Information Officer13.75yrsno datano data
Fred Pilon
Head of Investor Relationsno datano datano data
Stephen Abbey
Managing Director of Specialty Optical Fiber ("sof")12.33yrsno datano data
Jeremy Lane
Managing Director of Prophotonix UK no datano datano data
Thomas Rosedale
Secretaryno datano datano data

7.4yrs

Average Tenure

Experienced Management: PPIX's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Losik
CEO, President & Executive Director7.42yrsUS$332.00k15.66%
$ 563.0k
Raymond Oglethorpe
Independent Non Executive Chairman of the Board7.33yrsUS$33.60k0.87%
$ 31.3k
Gerald Vincent Thompson
Independent Non-Executive Director9.58yrsUS$33.60k0.62%
$ 22.2k

9.6yrs

Average Tenure

69yo

Average Age

Experienced Board: PPIX's board of directors are considered experienced (9.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ProPhotonix Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ProPhotonix Limited
  • Ticker: PPIX
  • Exchange: AIM
  • Founded: 1951
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$4.658m
  • Listing Market Cap: US$3.595m
  • Shares outstanding: 93.15m
  • Website: https://www.prophotonix.com

Number of Employees


Location

  • ProPhotonix Limited
  • 13 Red Roof Lane
  • Suite 200
  • Salem
  • New Hampshire
  • 3079
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STKROTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1996
PPIXAIM (London Stock Exchange AIM Market)YesCommon StockGBGBPJan 1996

Biography

ProPhotonix Limited designs, manufactures, sells, and distributes light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, Mexico, South America, Europe, Asia, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 22:08
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.