OTCPK:PVCR.F

Stock Analysis Report

Executive Summary

PV Crystalox Solar PLC produces and supplies multicrystalline silicon ingots and wafers for use in solar electricity generation systems.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Risks

  • PV Crystalox Solar is not covered by any analysts.

Share Price & News

How has PV Crystalox Solar's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:PVCR.F

2.0%

US Semiconductor

1.2%

US Market


1 Year Return

233.3%

OTCPK:PVCR.F

10.9%

US Semiconductor

1.7%

US Market

PVCR.F outperformed the Semiconductor industry which returned 10.9% over the past year.

PVCR.F outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

PVCR.FIndustryMarket
7 Day0%2.0%1.2%
30 Day0%10.8%4.9%
90 Dayn/a17.2%3.7%
1 Year233.3%233.3%13.0%10.9%3.9%1.7%
3 Yearn/a83.8%73.0%47.2%37.7%
5 Year215.2%215.2%122.5%100.0%60.0%42.4%

Price Volatility Vs. Market

How volatile is PV Crystalox Solar's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is PV Crystalox Solar undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

PV Crystalox Solar's share price is below the future cash flow value, and at a moderate discount (> 20%).

PV Crystalox Solar's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

PV Crystalox Solar is good value based on earnings compared to the US Semiconductor industry average.

PV Crystalox Solar is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for PV Crystalox Solar, we can't assess if its growth is good value.


Price Based on Value of Assets

PV Crystalox Solar is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is PV Crystalox Solar expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if PV Crystalox Solar is high growth as no revenue estimate data is available.

PV Crystalox Solar's earnings are expected to grow significantly at over 20% yearly.

Unable to compare PV Crystalox Solar's revenue growth to the United States of America market average as no estimate data is available.

PV Crystalox Solar's earnings growth is expected to exceed the United States of America market average.

PV Crystalox Solar'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 PV Crystalox Solar will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has PV Crystalox Solar performed over the past 5 years?

40.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PV Crystalox Solar has delivered over 20% year on year earnings growth in the past 5 years.

PV Crystalox Solar's 1-year earnings growth is negative, it can't be compared to the 5-year average.

PV Crystalox Solar's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.


Return on Equity

PV Crystalox Solar has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

PV Crystalox Solar used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if PV Crystalox Solar improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is PV Crystalox Solar's financial position?


Financial Position Analysis

PV Crystalox Solar is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

PV Crystalox Solar has no long term commitments.


Debt to Equity History and Analysis

PV Crystalox Solar has no debt.

PV Crystalox Solar has no debt compared to 5 years ago when it was 1.2%.

PV Crystalox Solar has no debt, it does not need to be covered by operating cash flow.

PV Crystalox Solar has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

PV Crystalox Solar has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is PV Crystalox Solar's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate PV Crystalox Solar's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate PV Crystalox Solar's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as PV Crystalox Solar has not reported any payouts.

Unable to verify if PV Crystalox Solar's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as PV Crystalox Solar has not reported any payouts.


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 PV Crystalox Solar's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average board tenure


CEO

Iain Dorrity (66yo)

12.8yrs

Tenure

€379,244

Compensation

Dr. Iain Dorrity, Ph.D. has been the Chief Executive Officer at PV Crystalox Solar plc since December 2006. Dr. Dorrity joined Helios in 1986 and became responsible for sales and marketing in 1988. He was  ...


CEO Compensation Analysis

Iain's remuneration is about average for companies of similar size in United States of America.

Iain's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

6.3yrs

Average Tenure

69yo

Average Age

The tenure for the PV Crystalox Solar board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Iain Dorrity (66yo)

    CEO & Executive Director

    • Tenure: 12.8yrs
    • Compensation: €379.24k
  • Matthew Wethey

    CFO & Group Company Secretary

    • Tenure: 5.3yrs

Board Members

  • Mike Parker (72yo)

    Senior Independent Director

    • Tenure: 6.3yrs
    • Compensation: €45.21k
  • John Sleeman (69yo)

    Non Executive Chairman

    • Tenure: 6.3yrs
    • Compensation: €79.12k
  • Iain Dorrity (66yo)

    CEO & Executive Director

    • Tenure: 12.8yrs
    • Compensation: €379.24k

Company Information

PV Crystalox Solar plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PV Crystalox Solar plc
  • Ticker: PVCR.F
  • Exchange: OTCPK
  • Founded: 1982
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: UK£5.433m
  • Listing Market Cap: UK£6.764m
  • Shares outstanding: 7.20m
  • Website: https://www.pvcrystalox.com

Number of Employees


Location

  • PV Crystalox Solar plc
  • 11B(ii) Park House
  • Milton Park
  • Abingdon
  • Oxfordshire
  • OX14 4RS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PVCSLSE (London Stock Exchange)YesOrdinary SharesGBGBPJun 2007
PC1BDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2007
PVCR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2007
PVCSLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJun 2007

Biography

PV Crystalox Solar PLC produces and supplies multicrystalline silicon ingots and wafers for use in solar electricity generation systems. It serves solar cell producers in Japan, Taiwan, Canada, Germany, th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 00:14
End of Day Share Price2019/07/05 00:00
Earnings2018/12/31
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.