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PALT

Palestine Telecommunications Company P.L.CPLSE:PALTEL Stock Report

Market Cap

د.أ747.6m

7D

-1.9%

1Y

57.7%

Updated

28 Nov, 2021

Data

Company Financials +
PALTEL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends4/6

PALTEL Stock Overview

Palestine Telecommunications Company P.L.C.

Palestine Telecommunications Company P.L.C Competitors

Partner Communications

NasdaqGS:PTNR

US$1.1b

National Mobile Telecommunications Company K.S.C.P

KWSE:OOREDOO

د.ك326.8m

Cellcom Israel

TASE:CEL

₪2.2b

Wataniya Palestine Mobile Telecommunication Public Shareholding

PLSE:OOREDOO

US$272.5m

Price History & Performance

Summary of all time highs, changes and price drops for Palestine Telecommunications Company P.L.C
Historical stock prices
Current Share Priceد.أ5.60
52 Week Highد.أ5.91
52 Week Lowد.أ3.50
Beta0.17
1 Month Change6.87%
3 Month Change14.29%
1 Year Change57.75%
3 Year Change29.33%
5 Year Change10.89%
Change since IPO23.08%

Recent News & Updates

Shareholder Returns

PALTELPS TelecomPS Market
7D-1.9%0.4%-0.3%
1Y57.7%16.1%28.8%

Return vs Industry: PALTEL exceeded the PS Telecom industry which returned 16.1% over the past year.

Return vs Market: PALTEL exceeded the PS Market which returned 28.8% over the past year.

Price Volatility

Is PALTEL's price volatile compared to industry and market?
PALTEL volatility
PALTEL Average Weekly Movement2.0%
Telecom Industry Average Movement5.5%
Market Average Movement2.7%
10% most volatile stocks in PS Market5.6%
10% least volatile stocks in PS Market1.8%

Stable Share Price: PALTEL is less volatile than 75% of PS stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PALTEL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19952,630Ammar Abdel Akerhttps://www.paltelgroup.ps

Palestine Telecommunications Company P.L.C. engages in providing, managing, and rendering telecommunication services in the Palestinian territories. It operates through three segments: Telecommunications, Data, and Real Estate. The company offers local and international fixed telephony, internet, data communications, mobile, and next generation services.

Palestine Telecommunications Company P.L.C Fundamentals Summary

How do Palestine Telecommunications Company P.L.C's earnings and revenue compare to its market cap?
PALTEL fundamental statistics
Market Capد.أ747.63m
Earnings (TTM)د.أ62.16m
Revenue (TTM)د.أ325.11m

11.9x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PALTEL income statement (TTM)
Revenueد.أ325.11m
Cost of Revenueد.أ77.66m
Gross Profitد.أ247.45m
Expensesد.أ185.29m
Earningsد.أ62.16m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin76.11%
Net Profit Margin19.12%
Debt/Equity Ratio29.7%

How did PALTEL perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

63%

Payout Ratio

Valuation

Is Palestine Telecommunications Company P.L.C undervalued compared to its fair value and its price relative to the market?

0.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PALTEL (JOD5.68) is trading above our estimate of fair value (JOD5.61)

Significantly Below Fair Value: PALTEL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PALTEL is good value based on its PE Ratio (12x) compared to the Asian Telecom industry average (20.2x).

PE vs Market: PALTEL is good value based on its PE Ratio (12x) compared to the PS market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: PALTEL is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: PALTEL is good value based on its PB Ratio (1.6x) compared to the XA Telecom industry average (2.3x).


Future Growth

How is Palestine Telecommunications Company P.L.C forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PALTEL's forecast earnings growth (4.6% per year) is below the savings rate (9.1%).

Earnings vs Market: PALTEL's earnings (4.6% per year) are forecast to grow slower than the PS market (16.9% per year).

High Growth Earnings: PALTEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: PALTEL's revenue (1.6% per year) is forecast to grow slower than the PS market (11.8% per year).

High Growth Revenue: PALTEL's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PALTEL's Return on Equity is forecast to be low in 3 years time (14.5%).


Past Performance

How has Palestine Telecommunications Company P.L.C performed over the past 5 years?

-9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PALTEL has high quality earnings.

Growing Profit Margin: PALTEL's current net profit margins (19.1%) are higher than last year (16%).


Past Earnings Growth Analysis

Earnings Trend: PALTEL's earnings have declined by 9.5% per year over the past 5 years.

Accelerating Growth: PALTEL's earnings growth over the past year (35%) exceeds its 5-year average (-9.5% per year).

Earnings vs Industry: PALTEL earnings growth over the past year (35%) exceeded the Telecom industry 22.6%.


Return on Equity

High ROE: PALTEL's Return on Equity (12.8%) is considered low.


Financial Health

How is Palestine Telecommunications Company P.L.C's financial position?


Financial Position Analysis

Short Term Liabilities: PALTEL's short term assets (JOD233.0M) exceed its short term liabilities (JOD224.8M).

Long Term Liabilities: PALTEL's short term assets (JOD233.0M) exceed its long term liabilities (JOD142.8M).


Debt to Equity History and Analysis

Debt Level: PALTEL's net debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: PALTEL's debt to equity ratio has increased from 4.5% to 29.7% over the past 5 years.

Debt Coverage: PALTEL's debt is well covered by operating cash flow (87.7%).

Interest Coverage: PALTEL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Palestine Telecommunications Company P.L.C current dividend yield, its reliability and sustainability?

5.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PALTEL's dividend (5.28%) is higher than the bottom 25% of dividend payers in the PS market (2.62%).

High Dividend: PALTEL's dividend (5.28%) is in the top 25% of dividend payers in the PS market (5.23%)


Stability and Growth of Payments

Stable Dividend: PALTEL's dividend payments have been volatile in the past 10 years.

Growing Dividend: PALTEL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.4%), PALTEL's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PALTEL's dividends in 3 years are forecast to be covered by earnings (78.4% payout ratio).


Next Steps

Management

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

10.8yrs

Average management tenure


CEO

Ammar Abdel Aker

11.75yrs

Tenure

Mr. Ammar Abdel Moneim Aker has been the Chief Executive Officer at Palestine Telecommunications Company P.L.C since February 2010. He served as the Chief Executive Officer of Palestine Cellular Communicat...


Leadership Team

Experienced Management: PALTEL's management team is seasoned and experienced (10.8 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

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


Key Information

  • Name: Palestine Telecommunications Company P.L.C
  • Ticker: PALTEL
  • Exchange: PLSE
  • Founded: 1995
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: د.أ747.630m
  • Shares outstanding: 131.63m
  • Website: https://www.paltelgroup.ps

Number of Employees


Location

  • Palestine Telecommunications Company P.L.C
  • Rafedia
  • Po Box 636
  • 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 Analysis2021/11/28 21:12
End of Day Share Price2021/11/28 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.