PPC Past Earnings Performance
Past criteria checks 1/6
PPC's earnings have been declining at an average annual rate of -10.8%, while the Basic Materials industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 0.3% per year. PPC's return on equity is 3.9%, and it has net margins of 1.4%.
Key information
-10.8%
Earnings growth rate
-10.5%
EPS growth rate
| Basic Materials Industry Growth | 8.2% |
| Revenue growth rate | 0.3% |
| Return on equity | 3.9% |
| Net Margin | 1.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Here's What To Make Of PPC's (JSE:PPC) Decelerating Rates Of Return
Sep 21
Auditors Are Concerned About PPC (JSE:PPC)
Jun 26Is PPC (JSE:PPC) Using Too Much Debt?
Mar 26How Much Did PPC's(JSE:PPC) Shareholders Earn From Share Price Movements Over The Last Five Years?
Feb 19How Much Of PPC Ltd (JSE:PPC) Do Institutions Own?
Jan 15PPC (JSE:PPC) Takes On Some Risk With Its Use Of Debt
Dec 11Revenue & Expenses BreakdownBeta
How PPC makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 10,971 | 154 | 1,076 | 0 |
| 30 Jun 23 | 10,437 | -44 | 1,078 | 0 |
| 31 Mar 23 | 9,902 | -242 | 1,080 | 0 |
| 31 Dec 22 | 9,878 | -525 | 1,101 | 0 |
| 30 Sep 22 | 9,854 | -809 | 1,132 | 0 |
| 30 Jun 22 | 9,868 | -406 | 1,095 | 0 |
| 31 Mar 22 | 9,882 | -4 | 1,057 | 0 |
| 31 Dec 21 | 9,840 | 714 | 1,051 | 0 |
| 30 Sep 21 | 9,797 | 1,687 | 1,045 | 0 |
| 30 Jun 21 | 9,368 | 1,509 | 1,026 | 0 |
| 31 Mar 21 | 8,938 | 1,330 | 1,007 | 0 |
| 30 Sep 20 | 7,995 | -212 | 1,173 | 0 |
| 30 Jun 20 | 8,333 | -187 | 1,234 | 0 |
| 31 Mar 20 | 8,671 | -162 | 1,295 | 0 |
| 31 Dec 19 | 10,043 | -512 | 1,306 | 0 |
| 30 Sep 19 | 9,845 | 382 | 1,101 | 0 |
| 30 Jun 19 | 10,170 | 309 | 1,110 | 0 |
| 31 Mar 19 | 10,494 | 235 | 1,119 | 0 |
| 31 Dec 18 | 10,587 | 201 | 1,270 | 0 |
| 30 Sep 18 | 10,680 | 167 | 1,421 | 0 |
| 30 Jun 18 | 10,476 | 158 | 1,406 | 0 |
| 31 Mar 18 | 10,271 | 149 | 1,391 | 0 |
| 31 Dec 17 | 9,972 | 217 | 1,309 | 0 |
| 30 Sep 17 | 9,673 | 285 | 1,227 | 0 |
| 30 Jun 17 | 9,810 | 153 | 1,279 | 0 |
| 31 Mar 17 | 9,641 | 93 | 1,255 | 0 |
| 30 Jun 16 | 9,149 | 627 | 963 | 0 |
| 31 Mar 16 | 9,002 | 738 | 1,014 | 0 |
| 30 Sep 15 | 9,227 | 698 | 1,173 | 0 |
| 30 Jun 15 | 9,325 | 659 | 1,161 | 0 |
| 31 Mar 15 | 9,423 | 620 | 1,147 | 0 |
| 31 Dec 14 | 9,231 | 730 | 1,107 | 0 |
| 30 Sep 14 | 9,039 | 840 | 1,068 | 0 |
| 30 Jun 14 | 8,850 | 970 | 1,091 | 0 |
| 31 Mar 14 | 8,661 | 1,100 | 990 | 0 |
| 31 Dec 13 | 8,489 | 1,016 | 946 | 0 |
| 30 Sep 13 | 8,316 | 931 | 963 | 0 |
| 30 Jun 13 | 7,973 | 867 | 891 | 0 |
Quality Earnings: PPC has a large one-off loss of ZAR149.0M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: PPC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PPC's earnings have declined by 10.8% per year over the past 5 years.
Accelerating Growth: PPC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PPC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (7.2%).
Return on Equity
High ROE: PPC's Return on Equity (3.9%) is considered low.