South Port New Zealand
Market Cap
NZ$215.1m
Last Updated
2021/01/22 06:02 UTC
Data Sources
Company Financials
Executive Summary
South Port New Zealand Limited provides and manages port and warehousing services in New Zealand. More Details
Rewards
Risk Analysis
No risks detected for SPN from our risk checks.
Snowflake Analysis
Flawless balance sheet average dividend payer.
Share Price & News
How has South Port New Zealand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPN is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SPN's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
SPN
-1.6%
NZ Infrastructure
-0.2%
NZ Market
1 Year Return
15.2%
SPN
-12.2%
NZ Infrastructure
7.8%
NZ Market
Return vs Industry: SPN exceeded the NZ Infrastructure industry which returned -12.2% over the past year.
Return vs Market: SPN exceeded the NZ Market which returned 7.8% over the past year.
Shareholder returns
| SPN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | -1.6% | -0.2% |
| 30 Day | 5.0% | -0.6% | 2.7% |
| 90 Day | 9.0% | 1.1% | 7.0% |
| 1 Year | 20.2%15.2% | -11.6%-12.2% | 11.7%7.8% |
| 3 Year | 52.9%34.4% | 27.7%14.6% | 52.9%32.8% |
| 5 Year | 141.3%90.7% | 62.7%33.9% | 109.8%59.0% |
Long-Term Price Volatility Vs. Market
How volatile is South Port New Zealand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
22 hours ago | Simply Wall St
Did You Participate In Any Of South Port New Zealand's (NZSE:SPN) Fantastic 141% Return ?2 weeks ago | Simply Wall St
Do Fundamentals Have Any Role To Play In Driving South Port New Zealand Limited's (NZSE:SPN) Stock Up Recently?1 month ago | Simply Wall St
Is South Port New Zealand (NZSE:SPN) A Risky Investment?Valuation
Is South Port New Zealand undervalued compared to its fair value and its price relative to the market?
22.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SPN (NZ$8.2) is trading above our estimate of fair value (NZ$5.01)
Significantly Below Fair Value: SPN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SPN is good value based on its PE Ratio (22.8x) compared to the NZ Infrastructure industry average (49.5x).
PE vs Market: SPN is good value based on its PE Ratio (22.8x) compared to the NZ market (25.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPN is overvalued based on its PB Ratio (4.7x) compared to the NZ Infrastructure industry average (2.1x).
Next Steps
Future Growth
How is South Port New Zealand forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
61.3%
Forecasted Transportation 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 South Port New Zealand 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
- Examine South Port New Zealand's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- South Port New Zealand competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
Past Performance
How has South Port New Zealand performed over the past 5 years?
3.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPN has high quality earnings.
Growing Profit Margin: SPN's current net profit margins (21.2%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: SPN's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: SPN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SPN had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Infrastructure industry average (-13.8%).
Return on Equity
High ROE: SPN's Return on Equity (20.7%) is considered high.
Next Steps
Financial Health
How is South Port New Zealand's financial position?
Financial Position Analysis
Short Term Liabilities: SPN's short term assets (NZ$7.7M) exceed its short term liabilities (NZ$7.7M).
Long Term Liabilities: SPN's short term assets (NZ$7.7M) exceed its long term liabilities (NZ$6.1M).
Debt to Equity History and Analysis
Debt Level: SPN's debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: SPN's debt to equity ratio has reduced from 25.5% to 15.9% over the past 5 years.
Debt Coverage: SPN's debt is well covered by operating cash flow (173.9%).
Interest Coverage: SPN's interest payments on its debt are well covered by EBIT (24.9x coverage).
Balance Sheet
Next Steps
Dividend
What is South Port New Zealand current dividend yield, its reliability and sustainability?
3.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPN's dividend (3.17%) is higher than the bottom 25% of dividend payers in the NZ market (2.35%).
High Dividend: SPN's dividend (3.17%) is low compared to the top 25% of dividend payers in the NZ market (4.1%).
Stability and Growth of Payments
Stable Dividend: SPN's dividends per share have been stable in the past 10 years.
Growing Dividend: SPN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.3%), SPN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Nigel Gear
3.25yrs
Tenure
Mr. Nigel G. Gear, BCom, DipPort Man, has been Chief Executive Officer of South Port New Zealand Limited since October 1, 2017. Mr. Gear served as a Commercial Manager of South Port New Zealand Limited unt...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.25yrs | no data | no data | |
| Finance Manager | no data | no data | no data | |
| Health, Safety & Compliance Officer | no data | no data | no data | |
| Human Resources Manager | 3.17yrs | no data | no data | |
| Port General Manager | 3.17yrs | no data | no data |
3.2yrs
Average Tenure
Experienced Management: SPN's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 17.25yrs | NZ$41.20k | no data | |
| Independent Non-Executive Chairman | no data | NZ$72.10k | no data | |
| Independent Non-Executive Director | 10.33yrs | NZ$41.20k | no data | |
| Independent Non-Executive Director | 9.33yrs | NZ$41.20k | no data | |
| Independent Director | 1.17yrs | NZ$27.47k | no data | |
| Independent Non-Executive Director | 4.25yrs | NZ$41.20k | no data |
9.3yrs
Average Tenure
Experienced Board: SPN's board of directors are considered experienced (9.3 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
South Port New Zealand Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: South Port New Zealand Limited
- Ticker: SPN
- Exchange: NZSE
- Founded: 1988
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: NZ$215.126m
- Shares outstanding: 26.23m
- Website: https://www.southport.co.nz
Number of Employees
Location
- South Port New Zealand Limited
- Island Harbour
- PO Box 1
- Bluff
- 9842
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPN | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Jan 1995 |
Biography
South Port New Zealand Limited provides and manages port and warehousing services in New Zealand. It operates the Port of Bluff in the province of Southland. The company offers pilotage, towage, berthage, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 06:02 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.