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PZC

Plaza Centres MTSE:PZC Stock Report

Last Price

€0.85

Market Cap

€21.7m

7D

0%

1Y

-5.6%

Updated

14 May, 2022

Data

Company Financials
PZC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

PZC Stock Overview

Plaza Centres p.l.c. leases, manages, and markets the Plaza Shopping and Commercial Centre in Malta.

Plaza Centres Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Plaza Centres
Historical stock prices
Current Share Price€0.85
52 Week High€1.00
52 Week Low€0.53
Beta0.16
1 Month Change0%
3 Month Change0%
1 Year Change-5.56%
3 Year Change-14.14%
5 Year Change-18.27%
Change since IPO14.64%

Recent News & Updates

Mar 24
Calculating The Fair Value Of Plaza Centres p.l.c. (MTSE:PZC)

Calculating The Fair Value Of Plaza Centres p.l.c. (MTSE:PZC)

Does the March share price for Plaza Centres p.l.c. ( MTSE:PZC ) reflect what it's really worth? Today, we will...

Shareholder Returns

PZCMT Real EstateMT Market
7D0%0.1%-1.9%
1Y-5.6%-6.1%-5.8%

Return vs Industry: PZC matched the MT Real Estate industry which returned -6.1% over the past year.

Return vs Market: PZC matched the MT Market which returned -5.8% over the past year.

Price Volatility

Is PZC's price volatile compared to industry and market?
PZC volatility
PZC Average Weekly Movementn/a
Real Estate Industry Average Movement5.1%
Market Average Movement6.5%
10% most volatile stocks in MT Market11.9%
10% least volatile stocks in MT Market3.6%

Stable Share Price: Insufficient data to determine PZC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PZC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
195716Steve Abelahttps://www.plaza-shopping.com

Plaza Centres p.l.c. leases, manages, and markets the Plaza Shopping and Commercial Centre in Malta. Its Plaza Commercial Centre comprises a mix of retail, catering, and office suites spread over nine floors. The company was founded in 1957 and is based in Sliema, Malta.

Plaza Centres Fundamentals Summary

How do Plaza Centres's earnings and revenue compare to its market cap?
PZC fundamental statistics
Market Cap€21.67m
Earnings (TTM)€520.94k
Revenue (TTM)€2.53m

41.6x

P/E Ratio

8.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PZC income statement (TTM)
Revenue€2.53m
Cost of Revenue€0
Gross Profit€2.53m
Other Expenses€2.01m
Earnings€520.94k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.02
Gross Margin100.00%
Net Profit Margin20.56%
Debt/Equity Ratio27.1%

How did PZC perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

77%

Payout Ratio

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


41.61x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: PZC (€0.85) is trading above our estimate of fair value (€0.44)

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


Price To Earnings Ratio

PE vs Industry: PZC is poor value based on its PE Ratio (41.6x) compared to the MT Real Estate industry average (36.5x).

PE vs Market: PZC is poor value based on its PE Ratio (41.6x) compared to the MT market (24.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PZC's PB Ratio (0.8x) is in line with the MT Real Estate industry average.


Future Growth

How is Plaza Centres 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


-10.5%

Forecasted Real Estate 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 Plaza Centres 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 Plaza Centres performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-18.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PZC has high quality earnings.

Growing Profit Margin: PZC's current net profit margins (20.6%) are higher than last year (17%).


Past Earnings Growth Analysis

Earnings Trend: PZC's earnings have declined by 18.7% per year over the past 5 years.

Accelerating Growth: PZC's earnings growth over the past year (11%) exceeds its 5-year average (-18.7% per year).

Earnings vs Industry: PZC earnings growth over the past year (11%) exceeded the Real Estate industry -0.1%.


Return on Equity

High ROE: PZC's Return on Equity (1.9%) is considered low.


Financial Health

How is Plaza Centres's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PZC's short term assets (€3.3M) exceed its short term liabilities (€1.2M).

Long Term Liabilities: PZC's short term assets (€3.3M) do not cover its long term liabilities (€10.6M).


Debt to Equity History and Analysis

Debt Level: PZC's net debt to equity ratio (16%) is considered satisfactory.

Reducing Debt: PZC's debt to equity ratio has reduced from 48.7% to 27.1% over the past 5 years.

Debt Coverage: PZC's debt is not well covered by operating cash flow (13.5%).

Interest Coverage: PZC's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Plaza Centres's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.69%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 15 2022Ex Dividend DateMay 20 2022Dividend Pay DateJan 01 197019132 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PZC's dividend (3.69%) is higher than the bottom 25% of dividend payers in the MT market (2.48%).

High Dividend: PZC's dividend (3.69%) is low compared to the top 25% of dividend payers in the MT market (5.76%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77%), PZC's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (81.7%), PZC's dividend payments are covered by cash flows.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Steve Abela

4.17yrs

Tenure

Mr. Steve Abela has been Chief Executive Officer of Plaza Centres p.l.c. since March 1, 2018.


Leadership Team

Experienced Management: PZC's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: PZC's board of directors are considered experienced (9.3 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

Plaza Centres p.l.c.'s employee growth, exchange listings and data sources


Key Information

  • Name: Plaza Centres p.l.c.
  • Ticker: PZC
  • Exchange: MTSE
  • Founded: 1957
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: €21.668m
  • Shares outstanding: 25.49m
  • Website: https://www.plaza-shopping.com

Number of Employees


Location

  • Plaza Centres p.l.c.
  • The Plaza Commercial Centre
  • Level 6
  • Sliema
  • SLM 1640
  • Malta

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/14 00:00
End of Day Share Price2022/03/29 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.