NZSE:PLX

Stock Analysis Report

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Executive Summary

Plexure Group Limited develops and deploys mobile engagement software primarily for use in quick service restaurants, and fuel and convenience stores. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Plexure Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PLX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.6%

PLX

2.8%

NZ Software

-0.8%

NZ Market


1 Year Return

94.9%

PLX

-31.8%

NZ Software

7.5%

NZ Market

Return vs Industry: PLX exceeded the NZ Software industry which returned -31.8% over the past year.

Return vs Market: PLX exceeded the NZ Market which returned 7.5% over the past year.


Shareholder returns

PLXIndustryMarket
7 Day-0.6%2.8%-0.8%
30 Day10.8%2.3%7.2%
90 Day28.3%24.6%6.8%
1 Year94.9%94.9%-29.5%-31.8%11.8%7.5%
3 Year1,487.6%1,487.6%2.9%-4.5%47.3%28.0%
5 Year352.9%352.9%38.6%26.2%100.1%51.1%

Price Volatility Vs. Market

How volatile is Plexure Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Plexure Group undervalued compared to its fair value and its price relative to the market?

213.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PLX (NZ$1.54) is trading above our estimate of fair value (NZ$0.22)

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


Price To Earnings Ratio

PE vs Industry: PLX is poor value based on its PE Ratio (213.3x) compared to the XO Software industry average (34.8x).

PE vs Market: PLX is poor value based on its PE Ratio (213.3x) compared to the NZ market (23.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PLX is overvalued based on its PB Ratio (14.4x) compared to the NZ Software industry average (7.3x).


Next Steps

Future Growth

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

32.4%

Forecasted Software 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 Plexure Group 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.


Next Steps

Past Performance

How has Plexure Group performed over the past 5 years?

45.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLX has high quality earnings.

Growing Profit Margin: PLX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PLX has become profitable over the past 5 years, growing earnings by 45.9% per year.

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

Earnings vs Industry: PLX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (21%).


Return on Equity

High ROE: PLX's Return on Equity (6.7%) is considered low.


Next Steps

Financial Health

How is Plexure Group's financial position?


Financial Position Analysis

Short Term Liabilities: PLX's short term assets (NZ$19.4M) exceed its short term liabilities (NZ$9.1M).

Long Term Liabilities: PLX's short term assets (NZ$19.4M) exceed its long term liabilities (NZ$1.9M).


Debt to Equity History and Analysis

Debt Level: PLX is debt free.

Reducing Debt: PLX had no debt 5 years ago.

Debt Coverage: PLX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PLX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Plexure Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PLX's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.


Next Steps

Management

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

2.7yrs

Average board tenure


CEO

Craig Herbison

3.08yrs

Tenure

NZ$717,002

Compensation

Mr. Craig Don Herbison has been the Chief Executive Officer of Plexure Group Limited since September 7, 2017 and its Executive Director since June 19, 2018. Mr. Herbison is an internationally experienced l ...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD477.43K) is above average for companies of similar size in the NZ market ($USD365.49K).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Craig Herbison
CEO & Executive Director3.08yrsNZ$717.00kno data
Philip Norman
Independent Non-Executive Chairman8.17yrsNZ$92.50k2.28%
NZ$ 5.0m
Sharon Hunter
Independent Non-Executive Director4.92yrsNZ$42.50kno data
Jack Matthews
Independent Non-Executive Director1.25yrsNZ$30.83kno data
Brian Russell
Independent Director3yrsNZ$42.50kno data
Robert Bell
Independent Non-Executive Director1.5yrsNZ$46.72kno data

2.7yrs

Average Tenure

Experienced Board: PLX's board of directors are not considered experienced ( 2.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Plexure Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Plexure Group Limited
  • Ticker: PLX
  • Exchange: NZSE
  • Founded: 1984
  • Industry: Application Software
  • Sector: Software
  • Market Cap: NZ$217.597m
  • Shares outstanding: 140.39m
  • Website: https://www.plexure.com

Number of Employees


Location

  • Plexure Group Limited
  • 1 Nelson Street
  • Level 2
  • Auckland
  • 1010
  • New Zealand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PLXNZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDAug 2012

Biography

Plexure Group Limited develops and deploys mobile engagement software primarily for use in quick service restaurants, and fuel and convenience stores. It offers cloud-based customer relationship management ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 10:35
End of Day Share Price2020/10/22 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.