AMEX:PLAG

Stock Analysis Report

Executive Summary

Planet Green Holdings Corp., through its subsidiaries, develops and markets sauces and other products in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

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


Market Performance


7 Day Return

20.7%

PLAG

-0.9%

US Food

1.8%

US Market


1 Year Return

57.3%

PLAG

1.3%

US Food

7.3%

US Market

Return vs Industry: PLAG exceeded the US Food industry which returned 1.3% over the past year.

Return vs Market: PLAG exceeded the US Market which returned 7.3% over the past year.


Shareholder returns

PLAGIndustryMarket
7 Day20.7%-0.9%1.8%
30 Day14.1%-3.2%-0.7%
90 Day-2.7%-1.1%0.06%
1 Year57.3%57.3%4.3%1.3%9.7%7.3%
3 Year-74.7%-74.7%-1.5%-10.2%46.3%36.9%
5 Year-86.0%-86.0%44.8%27.5%64.5%46.5%

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

Valuation

Is Planet Green Holdings undervalued compared to its fair value and its price relative to the market?

6.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PLAG's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate PLAG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PLAG is good value based on its PE Ratio (6.5x) compared to the Food industry average (25.8x).

PE vs Market: PLAG is good value based on its PE Ratio (6.5x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 (1.7x) compared to the US Food industry average (2.1x).


Next Steps

Future Growth

How is Planet Green Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

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.


Next Steps

Past Performance

How has Planet Green Holdings performed over the past 5 years?

-22.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PLAG's earnings have declined by -22.4% per year over the past 5 years.

Accelerating Growth: PLAG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PLAG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-21.4%).


Return on Equity

High ROE: PLAG's Return on Equity (-2.8%) is considered low.


Return on Assets

ROA vs Industry: PLAG has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: PLAG is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Planet Green Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PLAG's short term assets ($17.5M) exceeds its short term liabilities ($7.7M)

Long Term Liabilities: PLAG has no long term liabilities


Debt to Equity History and Analysis

Debt Level: PLAG is debt free.

Reducing Debt: PLAG has no debt compared to 5 years ago when its debt to equity ratio was 49.6%.

Debt Coverage: PLAG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PLAG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: PLAG has a high level of physical assets or inventory.

Debt Coverage by Assets: PLAG's debt is not covered by short term assets (assets are -16.6x debt).


Next Steps

Dividend

What is Planet Green Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PLAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PLAG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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.


Next Steps

Management

What is the CEO of Planet Green Holdings's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Hongxiang Yu (39yo)

1.1yrs

Tenure

US$16,154

Compensation

Mr. Hongxiang Yu has been Chief Executive Officer and President of Planet Green Holdings Corp. since September 27, 2018. He has been the Head of The Internal Auditing Department of Hongrun Construction Gro ...


CEO Compensation Analysis

Compensation vs. Market: Hongxiang's total compensation ($USD16.15K) is too low to compare against companies of similar size in the US market ($USD491.38K).

Compensation vs Earnings: Insufficient data to compare Hongxiang's compensation with company performance.


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: PLAG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

0.5yrs

Average Tenure

39yo

Average Age

Experienced Board: PLAG's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Hongxiang Yu (39yo)

    Chairman

    • Tenure: 1.1yrs
    • Compensation: US$16.15k
  • Mingze Yin

    Director of Investor Relations

    • Tenure: 0yrs
  • Daqi Cui

    Chief Operating Officer

    • Tenure: 0.3yrs
  • Lili Hu (40yo)

    Chief Financial Officer

    • Tenure: 0.8yrs

Board Members

  • Patrick Leung (47yo)

    Director

    • Tenure: 0.3yrs
  • Hongxiang Yu (39yo)

    Chairman

    • Tenure: 1.1yrs
    • Compensation: US$16.15k
  • Guangming Fang (54yo)

    Director

    • Tenure: 1.1yrs
  • Chao Chen (33yo)

    Director

    • Tenure: 0.5yrs
  • Bin Zhou (29yo)

    Director

    • Tenure: 0.4yrs

Company Information

Planet Green Holdings Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Planet Green Holdings Corp.
  • Ticker: PLAG
  • Exchange: AMEX
  • Founded: 1986
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$33.087m
  • Shares outstanding: 7.88m
  • Website: https://www.planetgreenholdings.com

Number of Employees


Location

  • Planet Green Holdings Corp.
  • Oasis Middle Ring Business Center
  • Building 6, Suite 901
  • Shanghai
  • 200333
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PLAGAMEX (NYSE MKT LLC)YesCommon StockUSUSDMay 2007
A501DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2007

Biography

Planet Green Holdings Corp., through its subsidiaries, develops and markets sauces and other products in the People’s Republic of China. It also offers various food and beverage products, including package ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:52
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.