PGG Wrightson Limited provides goods and services for agricultural sector in New Zealand. More Details
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has PGG Wrightson's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGW is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PGW's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PGW exceeded the NZ Food industry which returned -43.8% over the past year.
Return vs Market: PGW exceeded the NZ Market which returned 15.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PGG Wrightson's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StPGG Wrightson (NZSE:PGW) Has Compensated Shareholders With A 44% Return On Their Investment
1 month ago | Simply Wall StPGG Wrightson Limited's (NZSE:PGW) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
2 years ago | Simply Wall StWith A 6.4% Return On Equity, Is PGG Wrightson Limited (NZSE:PGW) A Quality Stock?
Is PGG Wrightson 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: PGW (NZ$3.32) is trading below our estimate of fair value (NZ$83.54)
Significantly Below Fair Value: PGW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PGW is poor value based on its PE Ratio (20.7x) compared to the NZ Food industry average (16.6x).
PE vs Market: PGW is good value based on its PE Ratio (20.7x) compared to the NZ market (23.9x).
Price to Earnings Growth Ratio
PEG Ratio: PGW is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: PGW is overvalued based on its PB Ratio (1.4x) compared to the NZ Food industry average (1x).
How is PGG Wrightson forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGW's forecast earnings growth (8% per year) is above the savings rate (2.1%).
Earnings vs Market: PGW's earnings (8% per year) are forecast to grow faster than the NZ market (7.5% per year).
High Growth Earnings: PGW's earnings are forecast to grow, but not significantly.
Revenue vs Market: PGW's revenue (1.7% per year) is forecast to grow slower than the NZ market (6.2% per year).
High Growth Revenue: PGW's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PGW's Return on Equity is forecast to be low in 3 years time (10.3%).
How has PGG Wrightson performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGW has high quality earnings.
Growing Profit Margin: PGW's current net profit margins (1.5%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: PGW's earnings have declined by 35.8% per year over the past 5 years.
Accelerating Growth: PGW's earnings growth over the past year (50.4%) exceeds its 5-year average (-35.8% per year).
Earnings vs Industry: PGW earnings growth over the past year (50.4%) exceeded the Food industry 1.2%.
Return on Equity
High ROE: PGW's Return on Equity (6.8%) is considered low.
How is PGG Wrightson's financial position?
Financial Position Analysis
Short Term Liabilities: PGW's short term assets (NZ$374.7M) exceed its short term liabilities (NZ$250.3M).
Long Term Liabilities: PGW's short term assets (NZ$374.7M) exceed its long term liabilities (NZ$115.7M).
Debt to Equity History and Analysis
Debt Level: PGW's debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: PGW's debt to equity ratio has reduced from 67.3% to 23% over the past 5 years.
Debt Coverage: PGW's debt is well covered by operating cash flow (129.4%).
Interest Coverage: PGW's interest payments on its debt are well covered by EBIT (4.6x coverage).
What is PGG Wrightson current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PGW's dividend (7.23%) is higher than the bottom 25% of dividend payers in the NZ market (2.42%).
High Dividend: PGW's dividend (7.23%) is in the top 25% of dividend payers in the NZ market (4.69%)
Stability and Growth of Payments
Stable Dividend: PGW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PGW's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.8%), PGW's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PGW's dividends in 3 years are forecast to be covered by earnings (88.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Stephen Guerin serves as Chief Executive Officer at PGG Wrightson Limited since June 1, 2019. He had been Group General Manager of Retail & Water at PGG Wrightson Limited since September 1, 2016 until ...
Experienced Management: PGW's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: PGW's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PGG Wrightson Limited's company bio, employee growth, exchange listings and data sources
- Name: PGG Wrightson Limited
- Ticker: PGW
- Exchange: NZSE
- Founded: 1841
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$250.607m
- Shares outstanding: 75.48m
- Website: https://www.pggwrightson.co.nz
Number of Employees
- PGG Wrightson Limited
- 1 Robin Mann Place
- Christchurch Airport
- New Zealand
PGG Wrightson Limited provides goods and services for agricultural sector in New Zealand. The company operates in two segments, Agency, and Retail & Water. It operates rural supplies stores that offer a ra...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 07:01|
|End of Day Share Price||2021/05/14 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.