AMEX:PLAG

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.9%

PLAG

0.9%

US Food

1.2%

US Market


1 Year Return

-39.5%

PLAG

5.6%

US Food

16.8%

US Market

Return vs Industry: PLAG underperformed the US Food industry which returned 5.6% over the past year.

Return vs Market: PLAG underperformed the US Market which returned 16.4% over the past year.


Shareholder returns

PLAGIndustryMarket
7 Day-2.9%0.9%1.2%
30 Day-28.0%7.0%4.9%
90 Day-35.4%9.9%20.0%
1 Year-39.5%-39.5%8.3%5.6%19.3%16.8%
3 Year-81.9%-81.9%4.5%-4.2%43.7%34.4%
5 Year-95.6%-95.6%16.0%0.6%75.5%56.6%

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?

0.77x

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 (1.9x).


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?

24.1%

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?

3.7%

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 (-5.4%).


Return on Equity

High ROE: PLAG has a negative Return on Equity (-26.83%), as it is currently unprofitable.


Next Steps

Financial Health

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.


Balance Sheet


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


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Bin Zhou (30 yo)

0.83

Tenure

US$96,000

Compensation

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 ($USD96.00K) is below average for companies of similar size in the US market ($USD593.60K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Bin Zhou
Chairman & CEO0.83yrUS$96.00k8.81%
$ 1.9m
Lili Hu
CFO & Director0.25yrUS$48.00kno data
Daqi Cui
Chief Operating Officer1.17yrsUS$96.00kno data
Mingze Yin
Director of Investor Relationsno datano datano data

1.2yrs

Average Tenure

41yo

Average Age

Experienced Management: PLAG's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bin Zhou
Chairman & CEO0.83yrUS$96.00k8.81%
$ 1.9m
Lili Hu
CFO & Director0.25yrUS$48.00kno data
King Fai Leung
Independent Director1.08yrsno datano data
Chao Chen
Independent Director1.33yrsno datano data
Yang Cao
Independent Director0.42yrno datano data

0.8yrs

Average Tenure

34yo

Average Age

Experienced Board: PLAG's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40%.


Top Shareholders

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$21.363m
  • Shares outstanding: 11.03m
  • Website: https://www.planetgreenholdings.com

Number of Employees


Location

  • Planet Green Holdings Corp.
  • 9841 Washingtonian Boulevard
  • Suite 200
  • Gaithersburg
  • Maryland
  • 20878
  • United States

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, 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 00:02
End of Day Share Price2020/08/10 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.