PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited.
Undervalued established dividend payer.
Share Price & News
How has Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PTL's share price has been volatile over the past 3 months.
7 Day Return
IN Commercial Services
1 Year Return
IN Commercial Services
Return vs Industry: PTL exceeded the Indian Commercial Services industry which returned -32.8% over the past year.
Return vs Market: PTL underperformed the Indian Market which returned -29.2% over the past year.
Price Volatility Vs. Market
How volatile is Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StImagine Owning Enterprises (NSE:PTL) And Wondering If The 48% Share Price Slide Is Justified
4 weeks ago | Simply Wall StPTL Enterprises Limited (NSE:PTL) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StIs PTL Enterprises Limited (NSE:PTL) Investing Your Capital Efficiently?
Is Enterprises undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PTL (₹27.85) is trading below our estimate of fair value (₹72.9)
Significantly Below Fair Value: PTL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PTL is good value based on its PE Ratio (4.6x) compared to the Commercial Services industry average (8.3x).
PE vs Market: PTL is good value based on its PE Ratio (4.6x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PTL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PTL is good value based on its PB Ratio (0.4x) compared to the IN Commercial Services industry average (0.9x).
How is Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Enterprises 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.
- Examine whether Enterprises is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Enterprises competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTL has high quality earnings.
Growing Profit Margin: PTL's current net profit margins (63.2%) are lower than last year (73.6%).
Past Earnings Growth Analysis
Earnings Trend: PTL's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: PTL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PTL had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Commercial Services industry average (17.9%).
Return on Equity
High ROE: PTL's Return on Equity (8.4%) is considered low.
How is Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: PTL's short term assets (₹53.6M) do not cover its short term liabilities (₹184.0M).
Long Term Liabilities: PTL's short term assets (₹53.6M) do not cover its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: PTL is debt free.
Reducing Debt: PTL has no debt compared to 5 years ago when its debt to equity ratio was 81.9%.
Debt Coverage: PTL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTL has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: PTL has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PTL's debt is covered by short term assets.
What is Enterprises's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PTL's dividend (9.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: PTL's dividend (9.09%) is in the top 25% of dividend payers in the Indian market (4.18%)
Stability and Growth of Payments
Stable Dividend: PTL's dividends per share have been stable in the past 10 years.
Growing Dividend: PTL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.4%), PTL's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. P. Syamkumar is Manager at PTL Enterprises Ltd since May 10, 2018.
CEO Compensation Analysis
Compensation vs Market: P.'s total compensation ($USD20.78K) is below average for companies of similar size in the Indian market ($USD48.50K).
Compensation vs Earnings: Insufficient data to compare P.'s compensation with company performance.
|Chairman||no data||₹220.00k||0.0038% ₹68.8k|
|Non-Independent Non-Executive Director||13.25yrs||₹220.00k||no data|
|Non-Executive Director||13.17yrs||₹220.00k||no data|
|Non-Executive Independent Director||10.42yrs||₹380.00k||no data|
|Independent Director||5.08yrs||₹255.00k||no data|
|Non-Executive Independent Director||1.08yrs||₹45.00k||no data|
|Non-Executive Independent Director||0.83yr||no data||no data|
Experienced Board: PTL's board of directors are considered experienced (7.8 years average tenure).
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 not been meaningfully diluted in the past year.
PTL Enterprises Limited's company bio, employee growth, exchange listings and data sources
- Name: PTL Enterprises Limited
- Ticker: PTL
- Exchange: NSEI
- Founded: 1959
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: ₹1.820b
- Shares outstanding: 66.19m
- Website: https://www.ptlenterprise.com
Number of Employees
- PTL Enterprises Limited
- Apollo House, 7
- Institutional Area
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|509220||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2002|
|PTL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2002|
PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited. The company was formerly known as Premier Tyres Ltd. PTL Enterprises Limited was incorporated in 1959 and is based in Gurugram, India. PTL Enterprises Limited is a subsidiary of Sunrays Properties and Investments Co. Pvt Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:21|
|End of Day Share Price||2020/03/27 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.