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PAD.

Promotion and DevelopmentMUSE:PAD.N0000 Stock Report

Market Cap

MU₨3.6b

7D

0.3%

1Y

20.2%

Updated

18 Oct, 2021

Data

Company Financials
PAD.N0000 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends3/6

PAD.N0000 Overview

Promotion and Development Ltd, together with its subsidiaries, engages in the share investment, property development, and supply and provision of services associated with such activities in Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Promotion and Development
Historical stock prices
Current Share PriceMU₨93.75
52 Week HighMU₨70.00
52 Week LowMU₨95.00
Beta0.32
1 Month Change4.46%
3 Month Change3.02%
1 Year Change20.19%
3 Year Change-9.86%
5 Year Change-0.79%
Change since IPO357.32%

Recent News & Updates

Shareholder Returns

PAD.N0000MU Capital MarketsMU Market
7D0.3%0.05%0.2%
1Y20.2%12.4%13.9%

Return vs Industry: PAD.N0000 exceeded the MU Capital Markets industry which returned 12.2% over the past year.

Return vs Market: PAD.N0000 exceeded the MU Market which returned 13.9% over the past year.

Price Volatility

Is PAD.N0000's price volatile compared to industry and market?
PAD.N0000 volatility
PAD.N0000 Beta0.32
Industry Beta0.87
Market Beta1

Stable Share Price: PAD.N0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PAD.N0000's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984n/aRene Lecleziohttps://promotionanddevelopment.com

Promotion and Development Ltd, together with its subsidiaries, engages in the share investment, property development, and supply and provision of services associated with such activities in Mauritius. It operates through Property, Shares, and Security segments. The company also rents properties; and provides security and property protection services, as well as sells equipment.

Promotion and Development Fundamentals Summary

How do Promotion and Development's earnings and revenue compare to its market cap?
PAD.N0000 fundamental statistics
Market CapMU₨3.65b
Earnings (TTM)MU₨147.30m
Revenue (TTM)MU₨543.84m

24.8x

P/E Ratio

6.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PAD.N0000 income statement (TTM)
RevenueMU₨543.84m
Cost of RevenueMU₨483.28m
Gross ProfitMU₨60.56m
Expenses-MU₨86.74m
EarningsMU₨147.30m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.78
Gross Margin11.14%
Net Profit Margin27.08%
Debt/Equity Ratio12.8%

How did PAD.N0000 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

107%

Payout Ratio

Does PAD.N0000 pay a reliable dividends?

See PAD.N0000 dividend history and benchmarks
When do you need to buy PAD.N0000 by to receive an upcoming dividend?
Promotion and Development dividend dates
Ex Dividend DateNov 19 2021
Dividend Pay DateDec 17 2021
Days until Ex dividend31 days
Days until Dividend pay date59 days

Does PAD.N0000 pay a reliable dividends?

See PAD.N0000 dividend history and benchmarks

Valuation

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

24.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PAD.N0000's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PAD.N0000's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PAD.N0000 is poor value based on its PE Ratio (24.8x) compared to the MU Capital Markets industry average (5x).

PE vs Market: PAD.N0000 is poor value based on its PE Ratio (24.8x) compared to the MU market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PAD.N0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PAD.N0000 is good value based on its PB Ratio (0.3x) compared to the MU Capital Markets industry average (0.7x).


Future Growth

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

7.4%

Forecasted Diversified Financials 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 Promotion and Development 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 Promotion and Development performed over the past 5 years?

-54.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PAD.N0000 has a large one-off gain of MUR21.8M impacting its June 30 2021 financial results.

Growing Profit Margin: PAD.N0000 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PAD.N0000's earnings have declined by 54.9% per year over the past 5 years.

Accelerating Growth: PAD.N0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PAD.N0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (34.1%).


Return on Equity

High ROE: PAD.N0000's Return on Equity (1.2%) is considered low.


Financial Health

How is Promotion and Development's financial position?


Financial Position Analysis

Short Term Liabilities: PAD.N0000's short term assets (MUR185.6M) do not cover its short term liabilities (MUR833.5M).

Long Term Liabilities: PAD.N0000's short term assets (MUR185.6M) do not cover its long term liabilities (MUR1.3B).


Debt to Equity History and Analysis

Debt Level: PAD.N0000's debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: PAD.N0000's debt to equity ratio has increased from 8.9% to 12.8% over the past 5 years.

Debt Coverage: PAD.N0000's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PAD.N0000's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Dividend

What is Promotion and Development current dividend yield, its reliability and sustainability?

4.32%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 19 2021Ex Dividend DateNov 19 2021Dividend Pay DateDec 17 202128 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PAD.N0000's dividend (4.32%) is higher than the bottom 25% of dividend payers in the MU market (2.11%).

High Dividend: PAD.N0000's dividend (4.32%) is in the top 25% of dividend payers in the MU market (3.69%)


Stability and Growth of Payments

Stable Dividend: PAD.N0000's dividend payments have been volatile in the past 10 years.

Growing Dividend: PAD.N0000's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (107%), PAD.N0000'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?

5.1yrs

Average board tenure


CEO

Rene Leclezio (65 yo)

no data

Tenure

MU₨18,184,000

Compensation

Mr. René Leclézio serves as Chairman of the board at Excelsior United Development Companies Limited since July 01, 2011 and serves as its Non-Executive Director since August 16, 2000. He serves as the Mana...


CEO Compensation Analysis

Compensation vs Market: Rene's total compensation ($USD422.20K) is above average for companies of similar size in the MU market ($USD245.24K).

Compensation vs Earnings: Insufficient data to compare Rene's compensation with company performance.


Board Members

Experienced Board: PAD.N0000's board of directors are considered experienced (5.1 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

Promotion and Development Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Promotion and Development Ltd
  • Ticker: PAD.N0000
  • Exchange: MUSE
  • Founded: 1984
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: MU₨3.649b
  • Shares outstanding: 38.92m
  • Website: https://promotionanddevelopment.com

Location

  • Promotion and Development Ltd
  • Dias Pier
  • 8th Floor
  • Port Louis
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:40
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.