OTCPK:PTGC.Y

Stock Analysis Report

Executive Summary

Pharol, SGPS S.A. through its investment and partnership with Oi, S.A., provides fixed-mobile convergent, mobile broadband, pay-TV, and triple play services to corporate customers in Brazil.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • Pharol SGPS has significant price volatility in the past 3 months.
  • Pharol SGPS is not covered by any analysts.

Similar Companies

Share Price & News

How has Pharol SGPS's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

OTCPK:PTGC.Y

-0.5%

US Telecom

0.8%

US Market


1 Year Return

-19.0%

OTCPK:PTGC.Y

7.0%

US Telecom

1.9%

US Market

PTGC.Y underperformed the Telecom industry which returned 6.9% over the past year.

PTGC.Y underperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

PTGC.YIndustryMarket
7 Day2.3%-0.5%0.8%
30 Day33.9%5.8%3.4%
90 Day-1.4%8.9%2.1%
1 Year-19.0%-19.0%12.6%7.0%4.2%1.9%
3 Year-43.6%-43.6%17.6%0.6%46.7%37.2%
5 Year-92.4%-93.9%34.6%3.7%62.3%44.5%

Price Volatility Vs. Market

How volatile is Pharol SGPS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Pharol SGPS undervalued based on future cash flows and its price relative to the stock market?

4.66x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Pharol SGPS to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Pharol SGPS to establish if it is available at substantial discount.


Price Based on Earnings

Pharol SGPS is good value based on earnings compared to the US Telecom industry average.

Pharol SGPS 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 Pharol SGPS, we can't assess if its growth is good value.


Price Based on Value of Assets

Pharol SGPS is good value based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Pharol SGPS expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.9%

Forecasted Telecom 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 Pharol SGPS 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

  • Examine whether Pharol SGPS is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Pharol SGPS's filings and announcements here.
  • Explore growth companies in the Telecom industry.

Past Performance

How has Pharol SGPS performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Pharol SGPS's year on year earnings growth rate has been positive over the past 5 years.

Pharol SGPS has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Pharol SGPS has become profitable in the last year making it difficult to compare the US Telecom industry average.


Return on Equity

Pharol SGPS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Pharol SGPS used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Pharol SGPS 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 Pharol SGPS's financial position?


Financial Position Analysis

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

Pharol SGPS's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Pharol SGPS's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (0% vs 0% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Pharol SGPS's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 270.6x debt.


Next Steps

Dividend

What is Pharol SGPS's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Pharol SGPS has not reported any payouts.

Unable to verify if Pharol SGPS's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Pharol SGPS 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 Pharol SGPS's salary, the management and board of directors tenure and is there insider trading?

14.2yrs

Average management tenure


CEO

Luís Maria Viana da Silva (63yo)

0yrs

Tenure

€343,539

Compensation

Mr. Luís Maria Viana Palha da Silva has been Member of the Board of Directors at National Company KazMunayGas JSC since April 24, 2019. He serves as Chairman, Chief Executive Officer and Managing Director  ...


CEO Compensation Analysis

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

Luís Maria Viana's compensation has increased in line with Pharol SGPS recently becoming profitable.


Management Age and Tenure

14.2yrs

Average Tenure

52.5yo

Average Age

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


Board Age and Tenure

2.3yrs

Average Tenure

60yo

Average Age

The average tenure for the Pharol SGPS board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Luís da Costa de Sousa de Macedo (70yo)

    Investor Relations Director

    • Tenure: 0yrs
  • Carlos Manuel Mendes Fidalgo da Cruz (52yo)

    Manager of the Financial Department

    • Tenure: 18.7yrs
  • Abilio Martins (48yo)

    Manager of The Corporate Communications Department

    • Tenure: 17.7yrs
  • Antonio Hornedo Muguiro (64yo)

    General Counsel

    • Tenure: 0yrs
  • Nuno Bernardo Ramires LeiriaFialho Prego (46yo)

    Chief of Staff to CEO and Manager of Digital Transformation & Online Unit

    • Tenure: 5.7yrs
  • Bruno Miguel Saraiva Pinheiro dos Santos da Costa Saldanha (43yo)

    Chief Accounting Officer and Manager of Financial Reporting & Consolidation

    • Tenure: 10.7yrs
  • Marco Schroeder (53yo)

    Executive Officer of Financial Administration

    • Tenure: 0yrs
    • Compensation: €23.17k
  • Luís Maria Viana da Silva (63yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: €343.54k
  • João Almeida

    Executive

    • Tenure: 0yrs
    • Compensation: €8.00k

Board Members

  • Nelson Sequeiros Tanure (68yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: €35.00k
  • Aristóteles Menezes Vasconcellos Drummond (75yo)

    Director

    • Tenure: 2yrs
    • Compensation: €35.00k
  • José Maria Rego da Cunha (69yo)

    Chairman of Fiscal Council

    • Tenure: 0yrs
    • Compensation: €49.00k
  • Jorge Telmo Freire Cardoso (48yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: €35.00k
  • Luís Maria Viana da Silva (63yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: €343.54k
  • Pedro Gubert Morais Leitão (54yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: €35.00k
  • Maria do Rosário Amado Pinto-Correia (60yo)

    Non-Executive Director

    • Tenure: 4yrs
    • Compensation: €35.00k
  • Jorge Augusto das Neves (58yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: €35.00k
  • Maria Leonor Martins Modesto (60yo)

    Member of Board of Directors

    • Tenure: 1yrs
    • Compensation: €11.02k
  • Bryan Schapira

    Director

    • Tenure: 1.3yrs
    • Compensation: €12.96k

Company Information

Pharol, SGPS S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pharol, SGPS S.A.
  • Ticker: PTGC.Y
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €101.973m
  • Listing Market Cap: €112.740m
  • Shares outstanding: 865.65m
  • Website: https://www.pharol.pt

Number of Employees


Location

  • Pharol, SGPS S.A.
  • Rua Joshua Benoliel, 1, 2C
  • Edifício Amoreiras Square
  • Lisbon
  • Lisbon
  • 1250-133
  • Portugal

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTGC.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJun 1995
PHRZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1995
PHRENXTLS (Euronext Lisbon)YesOrdinary SharesPTEURJun 1995
PTCADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1995
0FQ8LSE (London Stock Exchange)YesOrdinary SharesGBEURJun 1995
PHRUBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 1995

Biography

Pharol, SGPS S.A. through its investment and partnership with Oi, S.A., provides fixed-mobile convergent, mobile broadband, pay-TV, and triple play services to corporate customers in Brazil. The company wa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 23:39
End of Day Share Price2019/09/17 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.