Napier Port Holdings Limited provides various port services in the Napier Port.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$3.08|
|52 Week High||NZ$3.08|
|52 Week Low||NZ$3.70|
|1 Month Change||-3.15%|
|3 Month Change||-4.94%|
|1 Year Change||-14.92%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||4.41%|
Recent News & Updates
The Returns At Napier Port Holdings (NZSE:NPH) Aren't Growing
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
|NPH||NZ Infrastructure||NZ Market|
Return vs Industry: NPH underperformed the NZ Infrastructure industry which returned 1.9% over the past year.
Return vs Market: NPH underperformed the NZ Market which returned 2.1% over the past year.
Stable Share Price: NPH is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NPH's weekly volatility (3%) has been stable over the past year.
About the Company
Napier Port Holdings Limited provides various port services in the Napier Port. It offers marine, general cargo, container, port pack, and depot services. The company was founded in 1875 and is based in Napier, New Zealand.
Napier Port Holdings Fundamentals Summary
|NPH fundamental statistics|
Is NPH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NPH income statement (TTM)|
|Cost of Revenue||NZ$42.13m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 16, 2021
|Earnings per share (EPS)||0.11|
|Net Profit Margin||20.71%|
How did NPH perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Napier Port Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NPH (NZ$3.08) is trading above our estimate of fair value (NZ$1.25)
Significantly Below Fair Value: NPH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NPH is poor value based on its PE Ratio (27.8x) compared to the NZ Infrastructure industry average (25.6x).
PE vs Market: NPH is poor value based on its PE Ratio (27.8x) compared to the NZ market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: NPH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NPH's PB Ratio (1.8x) is in line with the NZ Infrastructure industry average.
How is Napier Port Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NPH's earnings are forecast to decline over the next 3 years (-2.9% per year).
Earnings vs Market: NPH's earnings are forecast to decline over the next 3 years (-2.9% per year).
High Growth Earnings: NPH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NPH's revenue (6.2% per year) is forecast to grow faster than the NZ market (5.3% per year).
High Growth Revenue: NPH's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NPH's Return on Equity is forecast to be low in 3 years time (5.7%).
How has Napier Port Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NPH has a high level of non-cash earnings.
Growing Profit Margin: NPH's current net profit margins (20.7%) are higher than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: NPH's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: NPH's earnings growth over the past year (29%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: NPH earnings growth over the past year (29%) underperformed the Infrastructure industry 29%.
Return on Equity
High ROE: NPH's Return on Equity (6.3%) is considered low.
How is Napier Port Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: NPH's short term assets (NZ$19.1M) do not cover its short term liabilities (NZ$25.7M).
Long Term Liabilities: NPH's short term assets (NZ$19.1M) do not cover its long term liabilities (NZ$76.0M).
Debt to Equity History and Analysis
Debt Level: NPH's debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: NPH's debt to equity ratio has reduced from 43% to 16.8% over the past 5 years.
Debt Coverage: NPH's debt is well covered by operating cash flow (55.7%).
Interest Coverage: NPH's interest payments on its debt are well covered by EBIT (1151x coverage).
What is Napier Port Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NPH's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.38%).
High Dividend: NPH's dividend (1.82%) is low compared to the top 25% of dividend payers in the NZ market (4.9%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NPH has been paying a dividend for less than 10 years.
Growing Dividend: NPH's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.6%), NPH's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NPH's dividends in 3 years are forecast to be covered by earnings (86.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Todd Dawson, BSC, PGDipBus, MInstD, PMP, has been Chief Executive of Port of Napier Ltd., and Napier Port Holdings Limited since January 2018. Mr. Dawson served as Executive Director of Port of Napier...
Experienced Board: NPH's board of directors are not considered experienced ( 2.7 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.
Napier Port Holdings Limited's employee growth, exchange listings and data sources
- Name: Napier Port Holdings Limited
- Ticker: NPH
- Exchange: NZSE
- Founded: 1875
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: NZ$615.618m
- Shares outstanding: 199.88m
- Website: https://www.napierport.co.nz
Number of Employees
- Napier Port Holdings Limited
- Breakwater Road
- PO Box 947
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 06:01|
|End of Day Share Price||2021/10/22 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.