company background image
PX1

Plexure GroupNZSE:PX1 Stock Report

Market Cap

NZ$197.4m

7D

0%

1Y

-63.6%

Updated

25 Oct, 2021

Data

Company Financials +
PX1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PX1 Overview

Plexure Group Limited develops and deploys mobile engagement software primarily for use in quick service restaurants and grocery stores.

Price History & Performance

Summary of all time highs, changes and price drops for Plexure Group
Historical stock prices
Current Share PriceNZ$0.56
52 Week HighNZ$0.52
52 Week LowNZ$1.59
Beta0.012
1 Month Change-15.15%
3 Month Change-18.84%
1 Year Change-63.64%
3 Year Change261.29%
5 Year Change133.33%
Change since IPO-68.00%

Recent News & Updates

Shareholder Returns

PX1NZ SoftwareNZ Market
7D0%-1.5%0.4%
1Y-63.6%14.4%2.1%

Return vs Industry: PX1 underperformed the NZ Software industry which returned 14.4% over the past year.

Return vs Market: PX1 underperformed the NZ Market which returned 2.1% over the past year.

Price Volatility

Is PX1's price volatile compared to industry and market?
PX1 volatility
PX1 Beta0.012
Industry Beta1.57
Market Beta1

Stable Share Price: PX1 is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PX1's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
1984150n/ahttps://www.plexure.com

Plexure Group Limited develops and deploys mobile engagement software primarily for use in quick service restaurants and grocery stores. It offers cloud-based customer relationship management solutions that enables retailers to engage with consumers in real time using connected devices and sensors. The company also engages in trading activities; holds IP assets; and provides consulting services.

Plexure Group Fundamentals Summary

How do Plexure Group's earnings and revenue compare to its market cap?
PX1 fundamental statistics
Market CapNZ$197.45m
Earnings (TTM)-NZ$7.93m
Revenue (TTM)NZ$29.28m

6.7x

P/S Ratio

-24.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PX1 income statement (TTM)
RevenueNZ$29.28m
Cost of RevenueNZ$17.62m
Gross ProfitNZ$11.66m
ExpensesNZ$19.59m
Earnings-NZ$7.93m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin39.83%
Net Profit Margin-27.09%
Debt/Equity Ratio0%

How did PX1 perform over the long term?

See historical performance and comparison

Valuation

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

4.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PX1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PX1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PX1 is unprofitable, so we can't compare its PE Ratio to the Oceanic Software industry average.

PE vs Market: PX1 is unprofitable, so we can't compare its PE Ratio to the NZ market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PX1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PX1's PB Ratio (4.7x) is in line with the NZ Software industry average.


Future Growth

How is Plexure Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

45.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PX1 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PX1 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PX1 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PX1's revenue (16.5% per year) is forecast to grow faster than the NZ market (5.3% per year).

High Growth Revenue: PX1's revenue (16.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PX1 is forecast to be unprofitable in 3 years.


Past Performance

How has Plexure Group performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PX1 is currently unprofitable.

Growing Profit Margin: PX1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PX1 is unprofitable, but has reduced losses over the past 5 years at a rate of 20.6% per year.

Accelerating Growth: Unable to compare PX1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PX1 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (29.3%).


Return on Equity

High ROE: PX1 has a negative Return on Equity (-18.69%), as it is currently unprofitable.


Financial Health

How is Plexure Group's financial position?


Financial Position Analysis

Short Term Liabilities: PX1's short term assets (NZ$46.1M) exceed its short term liabilities (NZ$9.5M).

Long Term Liabilities: PX1's short term assets (NZ$46.1M) exceed its long term liabilities (NZ$1.5M).


Debt to Equity History and Analysis

Debt Level: PX1 is debt free.

Reducing Debt: PX1 had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PX1 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PX1 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 26.7% each year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PX1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PX1'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 PX1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PX1'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 PX1'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?

4.0yrs

Average board tenure


CEO

Plexure Group has no CEO, or we have no data on them.


Board Members

Experienced Board: PX1's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PX1 insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 151.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Plexure Group Limited
  • Ticker: PX1
  • Exchange: NZSE
  • Founded: 1984
  • Industry: Application Software
  • Sector: Software
  • Market Cap: NZ$197.449m
  • Shares outstanding: 352.59m
  • Website: https://www.plexure.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 06:01
End of Day Share Price2021/10/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.