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PIIC

Palestine Industrial InvestmentPLSE:PIIC Stock Report

Market Cap

د.أ59.1m

7D

0%

1Y

81.0%

Updated

01 Dec, 2021

Data

Company Financials
PIIC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

PIIC Stock Overview

Palestine Industrial Investment Company Ltd, together with its subsidiaries, operates in the industrial and agricultural sectors in Palestine.

Price History & Performance

Summary of all time highs, changes and price drops for Palestine Industrial Investment
Historical stock prices
Current Share Priceد.أ3.15
52 Week Highد.أ3.15
52 Week Lowد.أ1.82
Beta-0.13
1 Month Change8.62%
3 Month Change16.67%
1 Year Change81.03%
3 Year Change27.53%
5 Year Change48.59%
Change since IPO615.91%

Recent News & Updates

Shareholder Returns

PIICPS FoodPS Market
7D0%-2.3%-1.2%
1Y81.0%-1.4%25.5%

Return vs Industry: PIIC exceeded the PS Food industry which returned -1.6% over the past year.

Return vs Market: PIIC exceeded the PS Market which returned 27.5% over the past year.

Price Volatility

Is PIIC's price volatile compared to industry and market?
PIIC volatility
PIIC Average Weekly Movementn/a
Food Industry Average Movement4.9%
Market Average Movement2.6%
10% most volatile stocks in PS Market5.9%
10% least volatile stocks in PS Market1.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
1995559Abdul Fuqahahttps://www.piico.ps

Palestine Industrial Investment Company Ltd, together with its subsidiaries, operates in the industrial and agricultural sectors in Palestine. It produces various kinds of animal feed using vegetarian raw materials; day old chicks; and fresh and frozen chicken. The company operates approximately eight heavy breeder farms, five broiler farms, a hatchery, and a chicken slaughter house.

Palestine Industrial Investment Fundamentals Summary

How do Palestine Industrial Investment's earnings and revenue compare to its market cap?
PIIC fundamental statistics
Market Capد.أ59.06m
Earnings (TTM)د.أ6.59m
Revenue (TTM)د.أ49.03m

9.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PIIC income statement (TTM)
Revenueد.أ49.03m
Cost of Revenueد.أ39.48m
Gross Profitد.أ9.55m
Expensesد.أ2.96m
Earningsد.أ6.59m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin19.48%
Net Profit Margin13.44%
Debt/Equity Ratio30.8%

How did PIIC perform over the long term?

See historical performance and comparison

Valuation

Is Palestine Industrial Investment undervalued compared to its fair value and its price relative to the market?

39.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PIIC (JOD3.15) is trading below our estimate of fair value (JOD5.21)

Significantly Below Fair Value: PIIC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PIIC is good value based on its PE Ratio (9x) compared to the Asian Food industry average (18.3x).

PE vs Market: PIIC is good value based on its PE Ratio (9x) compared to the PS market (12.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PIIC is good value based on its PB Ratio (1.1x) compared to the XA Food industry average (1.6x).


Future Growth

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

22.2%

Forecasted Food, Beverage & Tobacco 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 Industrial Investment 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.


Past Performance

How has Palestine Industrial Investment performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PIIC has high quality earnings.

Growing Profit Margin: PIIC's current net profit margins (13.4%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: PIIC's earnings have grown by 3.3% per year over the past 5 years.

Accelerating Growth: PIIC's earnings growth over the past year (95.7%) exceeds its 5-year average (3.3% per year).

Earnings vs Industry: PIIC earnings growth over the past year (95.7%) exceeded the Food industry 12.4%.


Return on Equity

High ROE: PIIC's Return on Equity (11.7%) is considered low.


Financial Health

How is Palestine Industrial Investment's financial position?


Financial Position Analysis

Short Term Liabilities: PIIC's short term assets (JOD36.6M) exceed its short term liabilities (JOD14.7M).

Long Term Liabilities: PIIC's short term assets (JOD36.6M) exceed its long term liabilities (JOD19.3M).


Debt to Equity History and Analysis

Debt Level: PIIC's net debt to equity ratio (8.5%) is considered satisfactory.

Reducing Debt: PIIC's debt to equity ratio has increased from 11.4% to 30.8% over the past 5 years.

Debt Coverage: PIIC's debt is well covered by operating cash flow (38.9%).

Interest Coverage: PIIC's interest payments on its debt are well covered by EBIT (38.8x coverage).


Balance Sheet


Dividend

What is Palestine Industrial Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PIIC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PIIC is not paying a notable dividend for the PS market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PIIC's dividend in 3 years as they are not forecast to pay a notable one for the PS market.


Next Steps

Management

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


CEO

Abdul Fuqaha

no data

Tenure

Mr. Abdul Al-Hakim Fuqaha serves as the Chief Executive Officer of Palestine Industrial Investment Co. Ltd. Mr. Fuqaha served as the General Manager at Palestine Industrial Investment Co. Ltd. since Novemb...


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

Palestine Industrial Investment Company Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Palestine Industrial Investment Company Ltd
  • Ticker: PIIC
  • Exchange: PLSE
  • Founded: 1995
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: د.أ59.063m
  • Shares outstanding: 18.75m
  • Website: https://www.piico.ps

Number of Employees


Location

  • Palestine Industrial Investment Company Ltd
  • Abu Raad Building
  • First Floor
  • Nablus
  • Palestinian Authority

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 13:01
End of Day Share Price2021/11/04 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.