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P.C.B. Technologies

Market Cap

₪373.6m

Last Updated

2021/04/21 16:16 UTC

Data Sources

Company Financials

Executive Summary

P.C.B. Technologies Ltd provides contract electronic manufacturing services. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.


Similar Companies

Share Price & News

How has P.C.B. Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PCBT is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PCBT's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

PCBT

-0.1%

IL Electronic

0.8%

IL Market


1 Year Return

25.8%

PCBT

43.8%

IL Electronic

35.9%

IL Market

Return vs Industry: PCBT underperformed the IL Electronic industry which returned 42.6% over the past year.

Return vs Market: PCBT underperformed the IL Market which returned 36.9% over the past year.


Shareholder returns

PCBTIndustryMarket
7 Day-1.0%-0.1%0.8%
30 Day-3.4%5.2%3.7%
90 Day4.7%8.9%5.5%
1 Year37.4%25.8%48.8%43.8%38.9%35.9%
3 Year32.5%13.7%53.8%38.5%43.2%32.3%
5 Year87.2%50.4%127.1%85.6%83.0%56.5%

Long-Term Price Volatility Vs. Market

How volatile is P.C.B. Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is P.C.B. Technologies undervalued compared to its fair value and its price relative to the market?

34.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PCBT (₪5.21) is trading above our estimate of fair value (₪3.65)

Significantly Below Fair Value: PCBT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PCBT is poor value based on its PE Ratio (34.8x) compared to the IL Electronic industry average (21.1x).

PE vs Market: PCBT is poor value based on its PE Ratio (34.8x) compared to the IL market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PCBT is good value based on its PB Ratio (1.4x) compared to the IL Electronic industry average (2.5x).


Future Growth

How is P.C.B. Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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 P.C.B. Technologies 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.


Past Performance

How has P.C.B. Technologies performed over the past 5 years?

55.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCBT has high quality earnings.

Growing Profit Margin: PCBT's current net profit margins (2.8%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: PCBT has become profitable over the past 5 years, growing earnings by 55% per year.

Accelerating Growth: PCBT's earnings growth over the past year (112.7%) exceeds its 5-year average (55% per year).

Earnings vs Industry: PCBT earnings growth over the past year (112.7%) exceeded the Electronic industry 53.2%.


Return on Equity

High ROE: PCBT's Return on Equity (3.9%) is considered low.


Financial Health

How is P.C.B. Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: PCBT's short term assets ($79.3M) exceed its short term liabilities ($32.5M).

Long Term Liabilities: PCBT's short term assets ($79.3M) exceed its long term liabilities ($14.0M).


Debt to Equity History and Analysis

Debt Level: PCBT's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: PCBT's debt to equity ratio has reduced from 10.4% to 0.6% over the past 5 years.

Debt Coverage: PCBT's debt is well covered by operating cash flow (26.1%).

Interest Coverage: PCBT's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Dividend

What is P.C.B. Technologies's current dividend yield, its reliability and sustainability?

8.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PCBT's dividend (8.82%) is higher than the bottom 25% of dividend payers in the IL market (1.69%).

High Dividend: PCBT's dividend (8.82%) is in the top 25% of dividend payers in the IL market (5.11%)


Stability and Growth of Payments

Stable Dividend: PCBT's dividend payments have been volatile in the past 10 years.

Growing Dividend: PCBT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (319.3%), PCBT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Oved Shapira (53 yo)

no data

Tenure

US$150,546

Compensation


CEO Compensation Analysis

Compensation vs Market: Oved's total compensation ($USD150.55K) is below average for companies of similar size in the IL market ($USD422.84K).

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


Leadership Team

Experienced Management: PCBT's management team is considered experienced (4.3 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

P.C.B. Technologies Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: P.C.B. Technologies Ltd
  • Ticker: PCBT
  • Exchange: TASE
  • Founded: 1981
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: ₪373.602m
  • Shares outstanding: 71.67m
  • Website: https://www.pcb.co.il

Number of Employees


Location

  • P.C.B. Technologies Ltd
  • Hauman 10
  • street 7
  • Migdal Haemek
  • 2310502
  • Israel

Listings


Biography

P.C.B. Technologies Ltd provides contract electronic manufacturing services. The company offers printed circuit boards (PCB) design, fabrication, and assembly services; schematic and layout design, PCB bar...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/21 16:16
End of Day Share Price2021/04/21 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.