Patria Investments Limited operates as a private market investment firm focused on investing in Latin America.
Patria Investments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$17.13|
|52 Week High||US$13.40|
|52 Week Low||US$23.28|
|1 Month Change||6.93%|
|3 Month Change||-2.39%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-13.92%|
Recent News & Updates
|PAX||US Capital Markets||US Market|
Return vs Industry: Insufficient data to determine how PAX performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how PAX performed against the US Market.
Stable Share Price: PAX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PAX's weekly volatility (4%) has been stable over the past year.
About the Company
|1994||158||Alexandre Teixeira de Assumpção Saigh||https://www.patria.com|
Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.
Patria Investments Fundamentals Summary
|PAX fundamental statistics|
Is PAX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PAX income statement (TTM)|
|Cost of Revenue||US$66.20m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.99|
|Net Profit Margin||57.78%|
How did PAX perform over the long term?See historical performance and comparison
10.8%Current Dividend Yield
Is Patria Investments undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAX ($17.13) is trading above our estimate of fair value ($11.51)
Significantly Below Fair Value: PAX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAX is poor value based on its PE Ratio (18.8x) compared to the US Capital Markets industry average (14.8x).
PE vs Market: PAX is poor value based on its PE Ratio (18.8x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: PAX is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: PAX is good value based on its PB Ratio (5.4x) compared to the US Capital Markets industry average (61.3x).
How is Patria Investments forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAX's forecast earnings growth (6.5% per year) is above the savings rate (2%).
Earnings vs Market: PAX's earnings (6.5% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: PAX's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAX's revenue (16.2% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: PAX's revenue (16.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAX's Return on Equity is forecast to be high in 3 years time (30.8%)
How has Patria Investments performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: PAX has a high level of non-cash earnings.
Growing Profit Margin: PAX's current net profit margins (57.8%) are higher than last year (52.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PAX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare PAX's past year earnings growth to its 5-year average.
Earnings vs Industry: PAX earnings growth over the past year (96.5%) exceeded the Capital Markets industry 77.4%.
Return on Equity
High ROE: PAX's Return on Equity (28.5%) is considered high.
How is Patria Investments's financial position?
Financial Position Analysis
Short Term Liabilities: PAX's short term assets ($428.2M) exceed its short term liabilities ($52.4M).
Long Term Liabilities: PAX's short term assets ($428.2M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: PAX is debt free.
Reducing Debt: PAX has not had any debt for past 5 years.
Debt Coverage: PAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAX has no debt, therefore coverage of interest payments is not a concern.
What is Patria Investments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAX's dividend (10.81%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PAX's dividend (10.81%) is in the top 25% of dividend payers in the US market (3.63%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PAX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PAX's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.2%), PAX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAX's dividends in 3 years are forecast to be covered by earnings (77.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alexandre Teixeira de Assumpção Saigh (53 yo)
Mr. Alexandre Teixeira de Assumpção Saigh serves as Chief Executive Officer and Director at Patria Investments Limited since 2010. Mr. Saigh is also a Senior Managing Partner of Patria Investments Limited...
Experienced Board: PAX's board of directors are seasoned and experienced ( 11.7 years average tenure).
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.
Dilution of Shares: PAX only recently listed within the past 12 months.
Patria Investments Limited's employee growth, exchange listings and data sources
- Name: Patria Investments Limited
- Ticker: PAX
- Exchange: NasdaqGS
- Founded: 1994
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$2.270b
- Shares outstanding: 136.15m
- Website: https://www.patria.com
Number of Employees
- Patria Investments Limited
- 18 Forum Lane
- 3rd Floor
- Grand Cayman
- Grand Cayman
- Cayman Islands
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:09|
|End of Day Share Price||2021/09/23 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.