OTCPK:CPKP.Y

Stock Analysis Report

Executive Summary

C.P. Pokphand Co. Ltd., an investment holding company, manufactures and sells animal feed products in the People’s Republic of China and the Socialist Republic of Vietnam.

Snowflake

Fundamentals

Fair value with acceptable track record.

Risks

  • C.P. Pokphand is covered by less than 3 analysts.

Share Price & News

How has C.P. Pokphand's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.9%

OTCPK:CPKP.Y

0.6%

US Food

0.9%

US Market


1 Year Return

-7.0%

OTCPK:CPKP.Y

-1.1%

US Food

0.3%

US Market

CPKP.Y underperformed the Food industry which returned -1.5% over the past year.

CPKP.Y underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

CPKP.YIndustryMarket
7 Day4.9%0.6%0.9%
30 Day-0.5%0.05%-1.9%
90 Day-1.8%3.1%1.6%
1 Year-1.5%-7.0%1.5%-1.1%2.6%0.3%
3 Year-26.7%-34.3%-7.4%-15.2%41.0%31.8%
5 Year-5.9%-24.2%42.6%25.7%55.2%38.0%

Price Volatility Vs. Market

How volatile is C.P. Pokphand's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is C.P. Pokphand undervalued based on future cash flows and its price relative to the stock market?

8%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

C.P. Pokphand's share price is below the future cash flow value, but not at a moderate discount (< 20%).

C.P. Pokphand's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

C.P. Pokphand is good value based on earnings compared to the US Food industry average.

C.P. Pokphand is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

C.P. Pokphand is poor value based on expected growth next year.


Price Based on Value of Assets

C.P. Pokphand is good value based on assets compared to the US Food industry average.


Next Steps

Future Growth

How is C.P. Pokphand expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

C.P. Pokphand's revenue is expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).

C.P. Pokphand's earnings are expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).

C.P. Pokphand's revenue growth is expected to exceed the United States of America market average.

C.P. Pokphand's earnings growth is positive but not above the United States of America market average.

C.P. Pokphand's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if C.P. Pokphand will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has C.P. Pokphand performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

C.P. Pokphand's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

C.P. Pokphand's 1-year earnings growth exceeds its 5-year average (58.2% vs -5.4%)

C.P. Pokphand's earnings growth has exceeded the US Food industry average in the past year (58.2% vs -19.4%).


Return on Equity

Whilst C.P. Pokphand has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

C.P. Pokphand used its assets more efficiently than the US Food industry average last year based on Return on Assets.


Return on Capital Employed

C.P. Pokphand's use of capital has not improved over the past 3 years (Return on Capital Employed).


Next Steps

Financial Health

How is C.P. Pokphand's financial position?


Financial Position Analysis

C.P. Pokphand is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

C.P. Pokphand's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

C.P. Pokphand's level of debt (122%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (95% vs 122% today).

Debt is not well covered by operating cash flow (12%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is C.P. Pokphand's current dividend yield, its reliability and sustainability?

5.77%

Expected Dividend Yield


Dividend Yield and Payments Analysis

C.P. Pokphand's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

C.P. Pokphand's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

C.P. Pokphand has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but C.P. Pokphand only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of C.P. Pokphand's salary, the management and board of directors tenure and is there insider trading?

8.6yrs

Average management tenure


CEO

C.P. Pokphand has no CEO, or we have no data on them.


Management Age and Tenure

8.6yrs

Average Tenure

56.5yo

Average Age

The average tenure for the C.P. Pokphand management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.3yrs

Average Tenure

60yo

Average Age

The tenure for the C.P. Pokphand board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Soopakij Chearavanont (55yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Suphachai Chearavanont (52yo)

    Vice Chairman of the Board

    • Tenure: 0.3yrs
  • Narong Chearavanont (54yo)

    Executive Director

    • Tenure: 0.2yrs
  • Arunee Wacharananan (70yo)

    Executive Director

    • Tenure: 7.3yrs
  • Adirek Sripratak (73yo)

    Vice Chairman

    • Tenure: 7.3yrs
  • Wing Lau (54yo)

    Financial Controller

    • Tenure: 0.0yrs
  • Shanlin Bai (59yo)

    CEO of China Area & Executive Director

    • Tenure: 9.5yrs
    • Compensation: US$1.31m
  • Sooksunt Jiumjaiswanglerg (66yo)

    CEO of Vietnam Area & Executive Director

    • Tenure: 7.8yrs
  • Bobby Chang (49yo)

    Chief Financial Officer

    • Tenure: 8.6yrs
  • Jianping Yu (58yo)

    Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$1.28m

Board Members

  • Soopakij Chearavanont (55yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Suphachai Chearavanont (52yo)

    Vice Chairman of the Board

    • Tenure: 0.3yrs
  • Narong Chearavanont (54yo)

    Executive Director

    • Tenure: 0.2yrs
  • Andrew Ma (77yo)

    Independent Non-Executive Director

    • Tenure: 13.9yrs
    • Compensation: US$31.00k
  • Arunee Wacharananan (70yo)

    Executive Director

    • Tenure: 7.3yrs
  • Adirek Sripratak (73yo)

    Vice Chairman

    • Tenure: 7.3yrs
  • Shanlin Bai (59yo)

    CEO of China Area & Executive Director

    • Tenure: 9.5yrs
    • Compensation: US$1.31m
  • Sakda Thanitcul (61yo)

    Independent Non-Executive Director

    • Tenure: 10.9yrs
    • Compensation: US$31.00k
  • Sooksunt Jiumjaiswanglerg (66yo)

    CEO of Vietnam Area & Executive Director

    • Tenure: 7.8yrs
  • Jianping Yu (58yo)

    Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$1.28m

Company Information

C.P. Pokphand Co. Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: C.P. Pokphand Co. Ltd.
  • Ticker: CPKP.Y
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$17.226b
  • Listing Market Cap: HK$2.196b
  • Shares outstanding: 25.33b
  • Website: https://www.cpp.hk

Number of Employees


Location

  • C.P. Pokphand Co. Ltd.
  • Far East Finance Centre
  • 21st Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPKP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
43SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
CPQADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
43SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
43SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
CPKP.YOTCPK (Pink Sheets LLC)SPON ADR NEWUSUSDAug 1992

Biography

C.P. Pokphand Co. Ltd., an investment holding company, manufactures and sells animal feed products in the People’s Republic of China and the Socialist Republic of Vietnam. The company operates through thre ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:50
End of Day Share Price2019/08/19 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.