Planet Green Holdings Corp., through its subsidiaries, grows, develops, manufactures, and markets sauces and other products in the People’s Republic of China. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Planet Green Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLAG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PLAG underperformed the US Food industry which returned 10% over the past year.
Return vs Market: PLAG underperformed the US Market which returned 18.3% over the past year.
Price Volatility Vs. Market
How volatile is Planet Green Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StRead This Before Selling Planet Green Holdings Corp. (NYSEMKT:PLAG) Shares
4 months ago | Simply Wall StImagine Owning Planet Green Holdings (NYSEMKT:PLAG) And Trying To Stomach The 94% Share Price Drop
8 months ago | Simply Wall StThe Planet Green Holdings (NYSEMKT:PLAG) Share Price Is Down 93% So Some Shareholders Are Rather Upset
Is Planet Green Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLAG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLAG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLAG is unprofitable, so we can't compare its PE Ratio to the US Food industry average.
PE vs Market: PLAG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLAG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLAG is good value based on its PB Ratio (0.8x) compared to the US Food industry average (2.1x).
How is Planet Green Holdings 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 Planet Green Holdings 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 Planet Green Holdings'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.
- Planet Green Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Planet Green Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLAG is currently unprofitable.
Growing Profit Margin: PLAG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLAG is unprofitable, but has reduced losses over the past 5 years at a rate of 3.7% per year.
Accelerating Growth: Unable to compare PLAG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLAG is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-6.4%).
Return on Equity
High ROE: PLAG has a negative Return on Equity (-26.83%), as it is currently unprofitable.
How is Planet Green Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PLAG's short term assets ($19.2M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: PLAG's short term assets ($19.2M) exceed its long term liabilities ($355.2K).
Debt to Equity History and Analysis
Debt Level: PLAG's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: PLAG's debt to equity ratio has reduced from 45% to 1.1% over the past 5 years.
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: PLAG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PLAG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.3% each year
What is Planet Green Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLAG'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 PLAG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLAG'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 PLAG'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
Bin Zhou (30 yo)
Mr. Bin Zhou has been the Chairman and Chief Executive Officer of Planet Green Holdings Corp. since October 24, 2019 and its Director since May 14, 2019. Mr. Zhou has served as chairman of the board of dir ...
CEO Compensation Analysis
Compensation vs Market: Bin's total compensation ($USD96.00K) is below average for companies of similar size in the US market ($USD579.76K).
Compensation vs Earnings: Insufficient data to compare Bin's compensation with company performance.
|Chairman & CEO||1yr||US$96.00k||14.71% |
|CFO & Director||0.42yr||US$48.00k||no data|
|Chief Operating Officer||1.33yrs||US$96.00k||no data|
|Director of Investor Relations||no data||no data||no data|
Experienced Management: PLAG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Chairman & CEO||1yr||US$96.00k||14.71% |
|CFO & Director||0.42yr||US$48.00k||no data|
|Independent Director||1.25yrs||no data||no data|
|Independent Director||1.5yrs||no data||no data|
|Independent Director||0.58yr||no data||no data|
Experienced Board: PLAG's board of directors are not considered experienced ( 1 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: PLAG 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 40%.
Planet Green Holdings Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Planet Green Holdings Corp.
- Ticker: PLAG
- Exchange: AMEX
- Founded: 1986
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$23.489m
- Shares outstanding: 11.03m
- Website: https://www.planetgreenholdings.com
Number of Employees
- Planet Green Holdings Corp.
- 9841 Washingtonian Boulevard
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLAG||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||May 2007|
|A501||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2007|
Planet Green Holdings Corp., through its subsidiaries, grows, develops, manufactures, and markets sauces and other products in the People’s Republic of China. It also offers spices; and various food and be ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 00:14|
|End of Day Share Price||2020/10/23 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.