Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business.
+ 1 more risk
Fair value with acceptable track record.
Share Price & News
How has Pingtan Marine Enterprise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PME's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PME underperformed the US Food industry which returned 3.8% over the past year.
Return vs Market: PME underperformed the US Market which returned 14.9% over the past year.
Price Volatility Vs. Market
How volatile is Pingtan Marine Enterprise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StFewer Investors Than Expected Jumping On Pingtan Marine Enterprise Ltd. (NASDAQ:PME)
1 month ago | Simply Wall StHow Do Pingtan Marine Enterprise Ltd.’s (NASDAQ:PME) Returns On Capital Compare To Peers?
2 months ago | Simply Wall StDid You Manage To Avoid Pingtan Marine Enterprise's (NASDAQ:PME) Painful 62% Share Price Drop?
Is Pingtan Marine Enterprise 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: Insufficient data to calculate PME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PME is good value based on its PE Ratio (5x) compared to the US Food industry average (23.8x).
PE vs Market: PME is good value based on its PE Ratio (5x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PME is good value based on its PB Ratio (0.5x) compared to the US Food industry average (1.9x).
How is Pingtan Marine Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Pingtan Marine Enterprise 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 whether Pingtan Marine Enterprise is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Pingtan Marine Enterprise performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PME has a high level of non-cash earnings.
Growing Profit Margin: PME's current net profit margins (17.2%) are higher than last year (14.8%).
Past Earnings Growth Analysis
Earnings Trend: PME's earnings have declined by 25.4% per year over the past 5 years.
Accelerating Growth: PME's earnings growth over the past year (43%) exceeds its 5-year average (-25.4% per year).
Earnings vs Industry: PME earnings growth over the past year (43%) exceeded the Food industry -4%.
Return on Equity
High ROE: PME's Return on Equity (10.4%) is considered low.
How is Pingtan Marine Enterprise's financial position?
Financial Position Analysis
Short Term Liabilities: PME's short term assets ($159.5M) do not cover its short term liabilities ($161.0M).
Long Term Liabilities: PME's short term assets ($159.5M) exceed its long term liabilities ($155.7M).
Debt to Equity History and Analysis
Debt Level: PME's debt to equity ratio (186.5%) is considered high.
Reducing Debt: PME's debt to equity ratio has increased from 38.9% to 186.5% over the past 5 years.
Debt Coverage: PME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PME's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Pingtan Marine Enterprise current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PME's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PME is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PME's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xinrong Zhuo (56 yo)
Mr. Xinrong Zhuo has been the Chairman of the Board and Chief Executive Officer of Pingtan Marine Enterprise Ltd. since February 2013. Mr. Zhuo has been the Chief Executive Officer of China Dredging Group ...
CEO Compensation Analysis
Compensation vs Market: Xinrong's total compensation ($USD39.94K) is below average for companies of similar size in the US market ($USD607.19K).
Compensation vs Earnings: Xinrong's compensation has been consistent with company performance over the past year.
|Chairman & CEO||10yrs||US$39.94k||57.43% |
|Independent Director||7.5yrs||no data||no data|
|Director||7.5yrs||no data||no data|
|Independent Director||5.5yrs||no data||no data|
|Independent Director||5.5yrs||no data||no data|
Experienced Board: PME's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pingtan Marine Enterprise Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Pingtan Marine Enterprise Ltd.
- Ticker: PME
- Exchange: NasdaqCM
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$75.157m
- Shares outstanding: 79.06m
- Website: https://www.ptmarine.com
Number of Employees
- Pingtan Marine Enterprise Ltd.
- Zhongshan Building A
- 18th-19th Floors
- Fujian Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PME||NasdaqCM (Nasdaq Capital Market)||Yes||Ordinary Shares||US||USD||Feb 2013|
|2P5||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 2013|
Pingtan Marine Enterprise Ltd., through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., engages in the ocean fishing business. The company catches a range of fish species, s ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 01:08|
|End of Day Share Price||2020/08/03 00:00|