Port of Tauranga Limited, a port company, provides and manages port services and cargo handling facilities through the Port of Tauranga, MetroPort, and Timaru Container Terminal in New Zealand.
POT passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$6.60|
|52 Week High||NZ$6.60|
|52 Week Low||NZ$7.83|
|1 Month Change||-7.30%|
|3 Month Change||-8.08%|
|1 Year Change||-12.58%|
|3 Year Change||29.92%|
|5 Year Change||71.88%|
|Change since IPO||5,138.10%|
Recent News & Updates
Port of Tauranga (NZSE:POT) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Port of Tauranga's (NZSE:POT) Dividend Will Be Increased To NZ$0.088
The board of Port of Tauranga Limited ( NZSE:POT ) has announced that it will be increasing its dividend on the 1st of...
Port of Tauranga's (NZSE:POT) Shareholders Will Receive A Bigger Dividend Than Last Year
Port of Tauranga Limited ( NZSE:POT ) will increase its dividend on the 1st of October to NZ$0.088. Even though the...
|POT||NZ Infrastructure||NZ Market|
Return vs Industry: POT underperformed the NZ Infrastructure industry which returned 1.9% over the past year.
Return vs Market: POT underperformed the NZ Market which returned 2.1% over the past year.
Stable Share Price: POT is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: POT's weekly volatility (3%) has been stable over the past year.
About the Company
Port of Tauranga Limited, a port company, provides and manages port services and cargo handling facilities through the Port of Tauranga, MetroPort, and Timaru Container Terminal in New Zealand. The company operates through three segments: Port Operations, Property Services, and Marshalling Services. It also manages and maintains various port properties.
Port of Tauranga Fundamentals Summary
|POT fundamental statistics|
Is POT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|POT income statement (TTM)|
|Cost of Revenue||NZ$139.84m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 25, 2022
|Earnings per share (EPS)||0.15|
|Net Profit Margin||30.26%|
How did POT perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Port of Tauranga 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: POT (NZ$6.6) is trading above our estimate of fair value (NZ$4.41)
Significantly Below Fair Value: POT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: POT is poor value based on its PE Ratio (43.9x) compared to the NZ Infrastructure industry average (25.6x).
PE vs Market: POT is poor value based on its PE Ratio (43.9x) compared to the NZ market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: POT is poor value based on its PEG Ratio (6.8x)
Price to Book Ratio
PB vs Industry: POT is overvalued based on its PB Ratio (3.2x) compared to the NZ Infrastructure industry average (1.8x).
How is Port of Tauranga forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: POT's forecast earnings growth (6.4% per year) is above the savings rate (2.1%).
Earnings vs Market: POT's earnings (6.4% per year) are forecast to grow slower than the NZ market (9.2% per year).
High Growth Earnings: POT's earnings are forecast to grow, but not significantly.
Revenue vs Market: POT's revenue (4.7% per year) is forecast to grow slower than the NZ market (5.3% per year).
High Growth Revenue: POT's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: POT's Return on Equity is forecast to be low in 3 years time (8.7%).
How has Port of Tauranga performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: POT has high quality earnings.
Growing Profit Margin: POT's current net profit margins (30.3%) are higher than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: POT's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: POT's earnings growth over the past year (15.4%) exceeds its 5-year average (4% per year).
Earnings vs Industry: POT earnings growth over the past year (15.4%) underperformed the Infrastructure industry 29%.
Return on Equity
High ROE: POT's Return on Equity (7.3%) is considered low.
How is Port of Tauranga's financial position?
Financial Position Analysis
Short Term Liabilities: POT's short term assets (NZ$74.2M) do not cover its short term liabilities (NZ$323.7M).
Long Term Liabilities: POT's short term assets (NZ$74.2M) do not cover its long term liabilities (NZ$360.6M).
Debt to Equity History and Analysis
Debt Level: POT's debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: POT's debt to equity ratio has reduced from 38.2% to 35.8% over the past 5 years.
Debt Coverage: POT's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: POT's interest payments on its debt are well covered by EBIT (8.7x coverage).
What is Port of Tauranga current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: POT's dividend (2.05%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.41%).
High Dividend: POT's dividend (2.05%) is low compared to the top 25% of dividend payers in the NZ market (4.9%).
Stability and Growth of Payments
Stable Dividend: POT's dividend payments have been volatile in the past 10 years.
Growing Dividend: POT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.7%), POT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: POT's dividends in 3 years are forecast to be covered by earnings (87.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Leonard E. Sampson has been Chief Executive Officer of The Port of Tauranga Limited since July 1, 2021. Mr. Sampson had been Chief Operating Officer of The Port of Tauranga Limited since September 2019...
Experienced Management: POT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: POT's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: POT 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.
Port of Tauranga Limited's employee growth, exchange listings and data sources
- Name: Port of Tauranga Limited
- Ticker: POT
- Exchange: NZSE
- Founded: 1873
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: NZ$4.517b
- Shares outstanding: 680.31m
- Website: https://www.port-tauranga.co.nz
Number of Employees
- Port of Tauranga Limited
- Salisbury Avenue
- Mount Maunganui
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 06:01|
|End of Day Share Price||2021/10/26 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.