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PLT

Planetel BIT:PLT Stock Report

Last Price

€6.84

Market Cap

€46.2m

7D

2.7%

1Y

-1.2%

Updated

10 Aug, 2022

Data

Company Financials
PLT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PLT Stock Overview

PLANETEL S.p.A. offers IP communication services in Italy.

Planetel Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Planetel
Historical stock prices
Current Share Price€6.84
52 Week High€10.00
52 Week Low€6.24
Beta0
1 Month Change5.88%
3 Month Change2.70%
1 Year Change-1.16%
3 Year Changen/a
5 Year Changen/a
Change since IPO46.18%

Recent News & Updates

Apr 08
Planetel's (BIT:PLT) Anemic Earnings Might Be Worse Than You Think

Planetel's (BIT:PLT) Anemic Earnings Might Be Worse Than You Think

A lackluster earnings announcement from Planetel S.p.A. ( BIT:PLT ) last week didn't sink the stock price. We think...

Shareholder Returns

PLTIT TelecomIT Market
7D2.7%-0.8%0.9%
1Y-1.2%-17.9%-16.1%

Return vs Industry: PLT exceeded the Italian Telecom industry which returned -17.9% over the past year.

Return vs Market: PLT exceeded the Italian Market which returned -16.1% over the past year.

Price Volatility

Is PLT's price volatile compared to industry and market?
PLT volatility
PLT Average Weekly Movement3.8%
Telecom Industry Average Movement4.8%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market3.2%

Stable Share Price: PLT is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PLT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001144Bruno Pianettihttps://www.planetel.it

PLANETEL S.p.A. offers IP communication services in Italy. The company provides broadband Internet solutions for small, medium and large companies, professionals, and residential users. Its products and services include broadband and ultra-broadband offers in various modes, such as xDSL, FTTC, FTTH, FTTP, and radio connectivity; virtual bandwidth; managed hosting; managed housing; and colocation services.

Planetel Fundamentals Summary

How do Planetel's earnings and revenue compare to its market cap?
PLT fundamental statistics
Market Cap€46.19m
Earnings (TTM)€1.05m
Revenue (TTM)€23.39m

43.8x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLT income statement (TTM)
Revenue€23.39m
Cost of Revenue€17.46m
Gross Profit€5.93m
Other Expenses€4.88m
Earnings€1.05m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)0.16
Gross Margin25.37%
Net Profit Margin4.51%
Debt/Equity Ratio66.0%

How did PLT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PLT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PLT?

Other financial metrics that can be useful for relative valuation.

PLT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA11.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PLT's PE Ratio compare to its peers?

PLT PE Ratio vs Peers
The above table shows the PE ratio for PLT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.3x
CVG Convergenze. Società Benefit
81.5x10.7%€19.4m
UD Unidata
15.2xn/a€119.1m
ITD Intred
27.3x15.0%€235.6m
HUG Huge Group
1.3xn/aR690.5m
PLT Planetel
43.8xn/a€46.2m

Price-To-Earnings vs Peers: PLT is expensive based on its Price-To-Earnings Ratio (43.8x) compared to the peer average (31.3x).


Price to Earnings Ratio vs Industry

How does PLT's PE Ratio compare vs other companies in the European Telecom Industry?

Price-To-Earnings vs Industry: PLT is expensive based on its Price-To-Earnings Ratio (43.8x) compared to the Italian Telecom industry average (33.6x)


Price to Earnings Ratio vs Fair Ratio

What is PLT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PLT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PLT's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PLT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PLT (€6.84) is trading below our estimate of fair value (€20.98)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.0%

Forecasted Telecom 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 Planetel 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.


Discover growth companies

  • Take a look at our analysis of PLT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Planetel competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Planetel performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-3.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: PLT has a high level of non-cash earnings.

Growing Profit Margin: PLT's current net profit margins (4.5%) are lower than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PLT's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: PLT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PLT had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Telecom industry average (19.9%).


Return on Equity

High ROE: PLT's Return on Equity (5.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Planetel's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PLT's short term assets (€13.0M) exceed its short term liabilities (€12.3M).

Long Term Liabilities: PLT's short term assets (€13.0M) do not cover its long term liabilities (€16.1M).


Debt to Equity History and Analysis

Debt Level: PLT's net debt to equity ratio (44.7%) is considered high.

Reducing Debt: Insufficient data to determine if PLT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PLT's debt is well covered by operating cash flow (55.2%).

Interest Coverage: PLT's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PLT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PLT has not reported any payouts.


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Management

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

1.8yrs

Average board tenure


CEO

Bruno Pianetti (59 yo)

1.75yrs

Tenure

Mr. Bruno Mario Pianetti has been the Chairman of the Board and Chief Executive Officer at Planetel S.p.A. (formerly Planetel S.r.l.) since November 2020. Since 1982 he has worked in the telecommunication...


Board Members

Experienced Board: PLT'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 been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Planetel S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Planetel S.p.A.
  • Ticker: PLT
  • Exchange: BIT
  • Founded: 2001
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Implied Market Cap: €46.189m
  • Shares outstanding: 6.75m
  • Website: https://www.planetel.it

Number of Employees


Location

  • Planetel S.p.A.
  • Via Boffalora 4
  • Treviolo
  • Bergamo
  • 24048
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.