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YRK

York Timber HoldingsJSE:YRK Stock Report

Market Cap

R1.1b

7D

5.0%

1Y

181.7%

Updated

16 Oct, 2021

Data

Company Financials
YRK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

YRK Overview

York Timber Holdings Limited, an investment holding company, engages in the forestry, sawmilling, plywood, wholesale, and hospitality industry businesses.

Price History & Performance

Summary of all time highs, changes and price drops for York Timber Holdings
Historical stock prices
Current Share PriceR3.38
52 Week HighR1.00
52 Week LowR3.90
Beta0.037
1 Month Change-7.40%
3 Month Change73.33%
1 Year Change181.67%
3 Year Change60.95%
5 Year Change4.00%
Change since IPO98.82%

Recent News & Updates

Shareholder Returns

YRKZA ForestryZA Market
7D5.0%6.2%1.6%
1Y181.7%89.8%21.3%

Return vs Industry: YRK exceeded the ZA Forestry industry which returned 89.8% over the past year.

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

Price Volatility

Is YRK's price volatile compared to industry and market?
YRK volatility
YRK Beta0.037
Industry Beta1.01
Market Beta1

Stable Share Price: YRK is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: YRK's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1916n/aGerald C. Stoltzhttps://www.york.co.za

York Timber Holdings Limited, an investment holding company, engages in the forestry, sawmilling, plywood, wholesale, and hospitality industry businesses. It operates through four segments: Processing Plants, Forestry and Fleet, Wholesale, and Agricultural. The Processing Plants segment operates four sawmills, which produces and sells a range of structural and industrial sawn timber products; and a plywood plant that offers plywood timber products.

York Timber Holdings Fundamentals Summary

How do York Timber Holdings's earnings and revenue compare to its market cap?
YRK fundamental statistics
Market CapR1.07b
Earnings (TTM)R139.64m
Revenue (TTM)R1.85b

7.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
YRK income statement (TTM)
RevenueR1.85b
Cost of RevenueR1.34b
Gross ProfitR513.12m
ExpensesR373.48m
EarningsR139.64m

Valuation

Is York Timber Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YRK (ZAR3.38) is trading below our estimate of fair value (ZAR23.22)

Significantly Below Fair Value: YRK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: YRK is good value based on its PE Ratio (7.7x) compared to the Global Forestry industry average (13.5x).

PE vs Market: YRK is good value based on its PE Ratio (7.7x) compared to the ZA market (11.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YRK is good value based on its PB Ratio (0.4x) compared to the XX Forestry industry average (1.1x).


Future Growth

How is York Timber Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

Forecasted Materials 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 York Timber Holdings 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 York Timber Holdings performed over the past 5 years?

-56.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YRK has high quality earnings.

Growing Profit Margin: YRK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: YRK's earnings have declined by 56% per year over the past 5 years.

Accelerating Growth: YRK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: YRK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (42.7%).


Return on Equity

High ROE: YRK's Return on Equity (4.6%) is considered low.


Financial Health

How is York Timber Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: YRK's short term assets (ZAR940.6M) exceed its short term liabilities (ZAR550.2M).

Long Term Liabilities: YRK's short term assets (ZAR940.6M) do not cover its long term liabilities (ZAR1.3B).


Debt to Equity History and Analysis

Debt Level: YRK's debt to equity ratio (16.1%) is considered satisfactory.

Reducing Debt: YRK's debt to equity ratio has reduced from 29.9% to 16.1% over the past 5 years.

Debt Coverage: YRK's debt is well covered by operating cash flow (74.3%).

Interest Coverage: YRK's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Dividend

What is York Timber Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of YRK'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?

4.9yrs

Average management tenure


CEO

Gerald C. Stoltz (43 yo)

0.75

Tenure

R4,198,000

Compensation

Mr. Gerald C. D. Stoltz, CA (SA)., has been Interim Chief Executive Officer of York Timber Holdings Limited since 2021 and has been its as Chief Financial Officer since June 26, 2018 and also serves its Ex...


CEO Compensation Analysis

Compensation vs Market: Gerald C.'s total compensation ($USD287.09K) is about average for companies of similar size in the ZA market ($USD280.19K).

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


Leadership Team

Experienced Management: YRK's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: YRK's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

York Timber Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: York Timber Holdings Limited
  • Ticker: YRK
  • Exchange: JSE
  • Founded: 1916
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: R1.073b
  • Shares outstanding: 317.52m
  • Website: https://www.york.co.za

Number of Employees


Location

  • York Timber Holdings Limited
  • 3 Main Road
  • Sabie
  • Mpumalanga
  • 1260
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 17:04
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.