PSE

Palestine Securities Exchange PLSE:PSE Stock Report

Last Price

US$3.00

Market Cap

US$30.0m

7D

0%

1Y

n/a

Updated

27 Sep, 2022

Data

Company Financials
PSE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

PSE Stock Overview

Palestine Securities Exchange Company P.L.C., a stock exchange that provides trading environment in Palestine.

Palestine Securities Exchange Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palestine Securities Exchange
Historical stock prices
Current Share PriceUS$3.00
52 Week HighUS$4.89
52 Week LowUS$3.00
Beta-0.0013
1 Month Change-38.65%
3 Month Changen/a
1 Year Changen/a
3 Year Change-38.78%
5 Year Changen/a
Change since IPO-40.83%

Recent News & Updates

Shareholder Returns

PSEPS Capital MarketsPS Market
7D0%-3.4%-0.7%
1Yn/a-28.1%8.4%

Return vs Industry: Insufficient data to determine how PSE performed against the PS Capital Markets industry.

Return vs Market: Insufficient data to determine how PSE performed against the PS Market.

Price Volatility

Is PSE's price volatile compared to industry and market?
PSE volatility
PSE Average Weekly Movementn/a
Capital Markets Industry Average Movement5.0%
Market Average Movement2.8%
10% most volatile stocks in PS Market5.6%
10% least volatile stocks in PS Market1.3%

Stable Share Price: Insufficient data to determine PSE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine PSE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
199520Ahmad Sameh Rajaeh Aweidahhttps://web.pex.ps

Palestine Securities Exchange Company P.L.C., a stock exchange that provides trading environment in Palestine. Its trading system includes listed companies operating in the banking and financial service, insurance, investment, industrial, and service sectors. The company was founded in 1995 and is based in Nablus, Palestine.

Palestine Securities Exchange Fundamentals Summary

How do Palestine Securities Exchange's earnings and revenue compare to its market cap?
PSE fundamental statistics
Market CapUS$30.00m
Earnings (TTM)US$1.04m
Revenue (TTM)US$3.29m

28.8x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSE income statement (TTM)
RevenueUS$3.29m
Cost of RevenueUS$278.71k
Gross ProfitUS$3.01m
Other ExpensesUS$1.97m
EarningsUS$1.04m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin91.53%
Net Profit Margin31.67%
Debt/Equity Ratio0%

How did PSE perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

97%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PSE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PSE?

Other financial metrics that can be useful for relative valuation.

PSE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.8x
Enterprise Value/EBITDA18.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PSE's PE Ratio compare to its peers?

PSE PE Ratio vs Peers
The above table shows the PE ratio for PSE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.6x
BSE Bulgarian Stock Exchange AD
8.6xn/aлв58.6m
PSX Pakistan Stock Exchange
15.3xn/aPK₨8.0b
CRMZ CreditRiskMonitor.com
7xn/aUS$22.5m
BOG Stock3
20.1xn/a€21.4m
PSE Palestine Securities Exchange
28.8xn/aUS$30.0m

Price-To-Earnings vs Peers: PSE is expensive based on its Price-To-Earnings Ratio (28.8x) compared to the peer average (12.6x).


Price to Earnings Ratio vs Industry

How does PSE's PE Ratio compare vs other companies in the Asian Capital Markets Industry?

Price-To-Earnings vs Industry: PSE is expensive based on its Price-To-Earnings Ratio (28.8x) compared to the Asian Capital Markets industry average (16x)


Price to Earnings Ratio vs Fair Ratio

What is PSE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PSE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PSE's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PSE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PSE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PSE's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Palestine Securities Exchange forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.7%

Forecasted Diversified Financials 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 Palestine Securities Exchange 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.


Discover growth companies

Past Performance

How has Palestine Securities Exchange performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PSE has high quality earnings.

Growing Profit Margin: PSE's current net profit margins (31.7%) are lower than last year (42.6%).


Past Earnings Growth Analysis

Earnings Trend: PSE's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: PSE's earnings growth over the past year (19.4%) exceeds its 5-year average (8.6% per year).

Earnings vs Industry: PSE earnings growth over the past year (19.4%) exceeded the Capital Markets industry 2.7%.


Return on Equity

High ROE: PSE's Return on Equity (8.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Palestine Securities Exchange's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PSE's short term assets ($8.6M) exceed its short term liabilities ($1.2M).

Long Term Liabilities: PSE's short term assets ($8.6M) exceed its long term liabilities ($1.1M).


Debt to Equity History and Analysis

Debt Level: PSE is debt free.

Reducing Debt: PSE has not had any debt for past 5 years.

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

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


Balance Sheet


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Dividend

What is Palestine Securities Exchange current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.33%

Current Dividend Yield

Dividend Yield vs Market

Palestine Securities Exchange Dividend Yield vs Market
How does Palestine Securities Exchange dividend yield compare to the market?
SegmentDividend Yield
Company (Palestine Securities Exchange)3.3%
Market Bottom 25% (PS)2.8%
Market Top 25% (PS)5.2%
Industry Average (Capital Markets)3.4%
Analyst forecast in 3 Years (Palestine Securities Exchange)n/a

Notable Dividend: PSE's dividend (3.33%) is higher than the bottom 25% of dividend payers in the PS market (2.78%).

High Dividend: PSE's dividend (3.33%) is low compared to the top 25% of dividend payers in the PS market (5.15%).


Stability and Growth of Payments

Stable Dividend: PSE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PSE's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (96.8%), PSE's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.8%), PSE's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

5.3yrs

Average board tenure


CEO

Ahmad Sameh Rajaeh Aweidah (52 yo)

14.25yrs

Tenure

Mr. Ahmad Sameh Rajaeh Hussain Aweidah has been the Chief Executive Officer of Palestine Securities Exchange Company Ltd since June 22, 2008 and Palestine Stock Exchange since June 2008. Mr. Aweidah's stra...


Board Members

Experienced Board: PSE's board of directors are considered experienced (5.3 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

What is the ownership structure of PSE?
Owner TypeNumber of SharesOwnership Percentage
General Public329,0003.3%
Individual Insiders500,0005.0%
Private Companies1,700,00017.0%
VC/PE Firms7,471,00074.7%

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


Top Shareholders

Top 3 shareholders own 96.71% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
74.71%
Palestine Development & Investment Co.
7,471,000$22.4m0%no data
17%
Al-Sanabel Trading and Investment Company Ltd.
1,700,000$5.1m0%no data
5%
John Oswald
500,000$1.5m0%no data

Company Information

Palestine Securities Exchange Company P.L.C.'s employee growth, exchange listings and data sources


Key Information

  • Name: Palestine Securities Exchange Company P.L.C.
  • Ticker: PSE
  • Exchange: PLSE
  • Founded: 1995
  • Industry: Financial Exchanges and Data
  • Sector: Diversified Financials
  • Implied Market Cap: US$30.000m
  • Shares outstanding: 10.00m
  • Website: https://web.pex.ps

Number of Employees


Location

  • Palestine Securities Exchange Company P.L.C.
  • Trust Building
  • Fourth Floor
  • Nablus
  • Palestinian Authority


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PSEPLSE (Palestine Securities Exchange)YesOrdinary SharesPSUSDApr 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/12 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.