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PSG

PSG GroupJSE:PSG Stock Report

Market Cap

R16.2b

7D

-3.9%

1Y

47.9%

Updated

18 Oct, 2021

Data

Company Financials
PSG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

PSG Overview

PSG Group Ltd, an investment holding company, engages in the banking, education, financial services, and food and related businesses in South Africa and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for PSG Group
Historical stock prices
Current Share PriceR77.34
52 Week HighR49.97
52 Week LowR85.00
Beta0.84
1 Month Change5.41%
3 Month Change2.49%
1 Year Change47.88%
3 Year Change-64.28%
5 Year Change-63.73%
Change since IPO37,551.53%

Recent News & Updates

Jan 14
Our View On PSG Group's (JSE:PSG) CEO Pay

Our View On PSG Group's (JSE:PSG) CEO Pay

The CEO of PSG Group Ltd ( JSE:PSG ) is Piet Mouton, and this article examines the executive's compensation against the...

Dec 24
Should You Rely On PSG Group's (JSE:PSG) Earnings Growth?

Should You Rely On PSG Group's (JSE:PSG) Earnings Growth?

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...

Shareholder Returns

PSGZA IndustrialsZA Market
7D-3.9%1.6%1.6%
1Y47.9%52.0%21.3%

Return vs Industry: PSG underperformed the ZA Industrials industry which returned 52% over the past year.

Return vs Market: PSG exceeded the ZA Market which returned 21.3% over the past year.

Price Volatility

Is PSG's price volatile compared to industry and market?
PSG volatility
PSG Beta0.84
Industry Beta0.75
Market Beta1

Stable Share Price: PSG is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PSG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199533Piet Moutonhttps://www.psggroup.co.za

PSG Group Ltd, an investment holding company, engages in the banking, education, financial services, and food and related businesses in South Africa and internationally. It operates through seven segments: PSG Konsult, Curro, Capitec, Zeder, PSG Alpha, Dipeo, and PSG Corporate. The company provides retail and business banking solutions; and funeral insurance covers; wealth and asset management, financial planning, insurance, stockbroking and portfolio management, and estate and trust advisory services; and investment management and treasury services.

PSG Group Fundamentals Summary

How do PSG Group's earnings and revenue compare to its market cap?
PSG fundamental statistics
Market CapR16.19b
Earnings (TTM)R7.90b
Revenue (TTM)R8.26b

2.0x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSG income statement (TTM)
RevenueR8.26b
Cost of RevenueR0
Gross ProfitR8.26b
ExpensesR360.00m
EarningsR7.90b

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)37.74
Gross Margin100.00%
Net Profit Margin95.64%
Debt/Equity Ratio0.3%

How did PSG perform over the long term?

See historical performance and comparison

Valuation

Is PSG Group undervalued compared to its fair value and its price relative to the market?

2.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PSG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PSG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PSG is good value based on its PE Ratio (2x) compared to the ZA Industrials industry average (10.7x).

PE vs Market: PSG is good value based on its PE Ratio (2x) compared to the ZA market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PSG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PSG is good value based on its PB Ratio (0.7x) compared to the ZA Industrials industry average (1.2x).


Future Growth

How is PSG Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted Capital Goods 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 PSG Group 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.


Past Performance

How has PSG Group performed over the past 5 years?

36.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PSG has a high level of non-cash earnings.

Growing Profit Margin: PSG's current net profit margins (95.6%) are higher than last year (46.1%).


Past Earnings Growth Analysis

Earnings Trend: PSG's earnings have grown significantly by 36.3% per year over the past 5 years.

Accelerating Growth: PSG's earnings growth over the past year (63.8%) exceeds its 5-year average (36.3% per year).

Earnings vs Industry: PSG earnings growth over the past year (63.8%) exceeded the Industrials industry 35.6%.


Return on Equity

High ROE: PSG's Return on Equity (34.5%) is considered high.


Financial Health

How is PSG Group's financial position?


Financial Position Analysis

Short Term Liabilities: PSG's short term assets (ZAR2.7B) exceed its short term liabilities (ZAR286.0M).

Long Term Liabilities: PSG's short term assets (ZAR2.7B) exceed its long term liabilities (ZAR96.0M).


Debt to Equity History and Analysis

Debt Level: PSG's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: PSG's debt to equity ratio has reduced from 23.5% to 0.3% over the past 5 years.

Debt Coverage: PSG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PSG's interest payments on its debt are well covered by EBIT (198.8x coverage).


Balance Sheet


Dividend

What is PSG Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PSG'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 PSG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PSG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PSG is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PSG's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

10.0yrs

Average board tenure


CEO

Piet Mouton (45 yo)

no data

Tenure

R13,294,000

Compensation

Mr. Petrus Johannes Mouton, also known as Piet, BComm (Mathematics) serves as Non-Executive Director at Mer Pastcomp Limited (formerly known as Mercantile Bank Limited) since February 5, 2020. Mr. Mouton s...


CEO Compensation Analysis

Compensation vs Market: Piet's total compensation ($USD905.17K) is about average for companies of similar size in the ZA market ($USD895.91K).

Compensation vs Earnings: Piet's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: PSG's board of directors are seasoned and experienced ( 10 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PSG Group Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: PSG Group Ltd
  • Ticker: PSG
  • Exchange: JSE
  • Founded: 1995
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: R16.195b
  • Shares outstanding: 209.40m
  • Website: https://www.psggroup.co.za

Number of Employees


Location

  • PSG Group Ltd
  • Ou Kollege Building
  • First Floor
  • Stellenbosch
  • Western Cape
  • 7600
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:35
End of Day Share Price2021/10/18 00:00
Earnings2021/08/31
Annual Earnings2021/02/28


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.