Purple Group Limited, a financial services company, through its subsidiaries, engages in trading, investing, and asset management businesses in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||R1.94|
|52 Week High||R0.71|
|52 Week Low||R2.25|
|1 Month Change||23.57%|
|3 Month Change||31.97%|
|1 Year Change||148.72%|
|3 Year Change||592.86%|
|5 Year Change||234.48%|
|Change since IPO||-61.20%|
Recent News & Updates
|PPE||ZA Capital Markets||ZA Market|
Return vs Industry: PPE exceeded the ZA Capital Markets industry which returned 54.9% over the past year.
Return vs Market: PPE exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: PPE is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PPE's weekly volatility (7%) has been stable over the past year.
About the Company
Purple Group Limited, a financial services company, through its subsidiaries, engages in trading, investing, and asset management businesses in South Africa. It operates through GT247.com and Emperor Asset Management; and EasyEquities segments. The company operates EasyEquities, a web-based investment platform; GT247.com, a trading platform that provides a range of tradable instruments, such as 153 JSE equity contracts for differences, 5 commodities, 5 crypto currencies, 135 currency pairs, and 12 major indices, as well as private broking and do it yourself trading services; and EasyProperties, an online property investment platform.
Purple Group Fundamentals Summary
|PPE fundamental statistics|
Is PPE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PPE income statement (TTM)|
|Cost of Revenue||R139.15m|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
|Earnings per share (EPS)||0.019|
|Net Profit Margin||11.00%|
How did PPE perform over the long term?See historical performance and comparison
Is Purple Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PPE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PPE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PPE is poor value based on its PE Ratio (102.4x) compared to the ZA Capital Markets industry average (11.5x).
PE vs Market: PPE is poor value based on its PE Ratio (102.4x) compared to the ZA market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PPE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PPE is overvalued based on its PB Ratio (7x) compared to the ZA Capital Markets industry average (0.7x).
How is Purple Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Purple 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.
How has Purple Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPE has high quality earnings.
Growing Profit Margin: PPE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PPE has become profitable over the past 5 years, growing earnings by 30.3% per year.
Accelerating Growth: PPE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PPE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (35.2%).
Return on Equity
High ROE: PPE's Return on Equity (8.9%) is considered low.
How is Purple Group's financial position?
Financial Position Analysis
Short Term Liabilities: PPE's short term assets (ZAR240.8M) do not cover its short term liabilities (ZAR246.2M).
Long Term Liabilities: PPE's short term assets (ZAR240.8M) exceed its long term liabilities (ZAR15.2M).
Debt to Equity History and Analysis
Debt Level: PPE's debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: PPE's debt to equity ratio has increased from 3.4% to 21.2% over the past 5 years.
Debt Coverage: PPE's debt is well covered by operating cash flow (151.6%).
Interest Coverage: Insufficient data to determine if PPE's interest payments on its debt are well covered by EBIT.
What is Purple Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PPE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PPE'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 PPE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PPE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PPE is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PPE's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charles Savage (48 yo)
Mr. Charles Savage has been the Chief Executive Officer of Purple Group Limited since November 2007. Mr. Savage served as the Managing Director of Global Trader's South African business and a member of gro...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD367.94K) is about average for companies of similar size in the ZA market ($USD509.30K).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
Experienced Management: PPE's management team is seasoned and experienced (8.8 years average tenure).
Experienced Board: PPE's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PPE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.1%.
Purple Group Limited's employee growth, exchange listings and data sources
- Name: Purple Group Limited
- Ticker: PPE
- Exchange: JSE
- Founded: 1998
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: R2.238b
- Shares outstanding: 1.15b
- Website: https://www.purplegroup.co.za
- Purple Group Limited
- 25 Owl Street
- 16th Floor
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 20:58|
|End of Day Share Price||2021/10/22 00:00|
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.