Pacific Green Technologies Inc. engages in acquiring, developing, and marketing emission control technologies in North America, Europe, and Asia.
Excellent balance sheet with acceptable track record.
Share Price & News
How has Pacific Green Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGTK has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: PGTK underperformed the US Commercial Services industry which returned 8.3% over the past year.
Return vs Market: PGTK underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Pacific Green Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pacific Green Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PGTK ($2.25) is trading below our estimate of fair value ($81.6)
Significantly Below Fair Value: PGTK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PGTK is poor value based on its PE Ratio (32.1x) compared to the Commercial Services industry average (27.1x).
PE vs Market: PGTK is poor value based on its PE Ratio (32.1x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PGTK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PGTK is overvalued based on its PB Ratio (6.2x) compared to the US Commercial Services industry average (1.8x).
How is Pacific Green Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Pacific Green Technologies 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.
- Examine Pacific Green Technologies'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.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Pacific Green Technologies's filings and announcements here.
- Explore growth companies in the Commercial Services industry.
How has Pacific Green Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGTK has high quality earnings.
Growing Profit Margin: PGTK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PGTK has become profitable over the past 5 years, growing earnings by 11.5% per year.
Accelerating Growth: PGTK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PGTK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-0.6%).
Return on Equity
High ROE: PGTK's Return on Equity (19.5%) is considered low.
Return on Assets
Return on Capital Employed
How is Pacific Green Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: PGTK's short term assets ($66.0M) do not cover its short term liabilities ($68.5M).
Long Term Liabilities: PGTK's short term assets ($66.0M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: PGTK's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: PGTK's debt to equity ratio has reduced from 323.9% to 0.2% over the past 5 years.
Inventory Level: PGTK has a low level of unsold assets or inventory.
Debt Coverage by Assets: PGTK's debt is covered by short term assets (assets are 2198.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PGTK is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: PGTK is profitable, therefore cash runway is not a concern.
What is Pacific Green Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PGTK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PGTK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PGTK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGTK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PGTK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Poulter (50yo)
Mr. Scott Poulter, Esq., is the Chief Executive Officer of Pacific Green Technologies Inc. since August 23, 2019 and also serves as it's Chairman since December 2019. Mr. Poulter has been an Executive Dire ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD2.11M) is above average for companies of similar size in the US market ($USD535.60K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
|CEO & Chairman||0.5yrs||US$2.11m||13.77% $14.1m|
|Chief Financial Officer||0.08yrs||no data||no data|
|Vice President of Operations||1.1yrs||no data||no data|
|Technical Director||0yrs||no data||no data|
|Group Chief Engineer||0yrs||no data||no data|
|Chief Engineer of China||0yrs||no data||no data|
|Managing Director of Pacific Green Marine Technologies Trading Limited||1.1yrs||no data||no data|
Experienced Management: PGTK's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|CEO & Chairman||0.5yrs||US$2.11m||13.77% $14.1m|
|Independent Non-Executive Director||0.08yrs||no data||no data|
|Non-Executive Director||7.2yrs||US$75.00k||0.088% $90.3k|
Experienced Board: PGTK's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.
Pacific Green Technologies Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Pacific Green Technologies Inc.
- Ticker: PGTK
- Exchange: OTCPK
- Founded: 1994
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$102.698m
- Shares outstanding: 45.64m
- Website: https://www.pacificgreentechnologies.com
Number of Employees
- Pacific Green Technologies Inc.
- 8 The Green
- Suite 10212
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PGTK||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jun 2012|
Pacific Green Technologies Inc. engages in acquiring, developing, and marketing emission control technologies in North America, Europe, and Asia. The company offers ENVI-Clean, a system that removes sulphur dioxides, particulate matters, greenhouse gases, and other hazardous air pollutants; and ENVI-Pure, which removes acid gases, particulate matter, dioxins, VOCs, and other hazardous air pollutants from the flue gases produced by the combustion of coal, biomass, municipal solid waste, diesel, and other fuels. It also provides ENVI-Marine, a scrubber for application in diesel exhaust emissions. The company was founded incorporated in 1994 and is based in Dover, Delaware.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:31|
|End of Day Share Price||2020/02/27 00:00|
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.