Premier Quality Starch Past Earnings Performance
Past criteria checks 1/6
Premier Quality Starch has been growing earnings at an average annual rate of 9.1%, while the Food industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 15.2% per year. Premier Quality Starch's return on equity is 6.7%, and it has net margins of 5.8%.
Key information
9.1%
Earnings growth rate
2.6%
EPS growth rate
| Food Industry Growth | 17.6% |
| Revenue growth rate | 15.2% |
| Return on equity | 6.7% |
| Net Margin | 5.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Premier Quality Starch makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,326 | 136 | 234 | 0 |
| 30 Sep 23 | 2,470 | 131 | 248 | 0 |
| 30 Jun 23 | 2,432 | 124 | 247 | 0 |
| 31 Mar 23 | 2,594 | 195 | 257 | 0 |
| 31 Dec 22 | 2,485 | 284 | 255 | 0 |
| 30 Sep 22 | 2,279 | 287 | 234 | 0 |
| 30 Jun 22 | 2,353 | 334 | 234 | 0 |
| 31 Mar 22 | 2,394 | 379 | 242 | 0 |
| 31 Dec 21 | 2,203 | 314 | 218 | 0 |
| 31 Dec 20 | 1,249 | 82 | 129 | 0 |
| 31 Dec 19 | 1,226 | 67 | 124 | 0 |
| 31 Dec 18 | 1,182 | 125 | 129 | 0 |
Quality Earnings: PQS has a high level of non-cash earnings.
Growing Profit Margin: PQS's current net profit margins (5.8%) are lower than last year (11.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PQS's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: PQS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PQS had negative earnings growth (-52.1%) over the past year, making it difficult to compare to the Food industry average (-12.2%).
Return on Equity
High ROE: PQS's Return on Equity (6.7%) is considered low.