| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
PPR Overview
Putprop Limited operates as a property investment company in South Africa.
Rewards
Risk Analysis
+ 2 more risks
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R4.20 |
| 52 Week High | R2.61 |
| 52 Week Low | R4.90 |
| Beta | -0.0013 |
| 1 Month Change | 26.89% |
| 3 Month Change | 36.81% |
| 1 Year Change | 29.23% |
| 3 Year Change | -14.29% |
| 5 Year Change | -26.32% |
| Change since IPO | 500.00% |
Recent News & Updates
Statutory Profit Doesn't Reflect How Good Putprop's (JSE:PPR) Earnings Are
When companies post strong earnings, the stock generally performs well, just like Putprop Limited's ( JSE:PPR ) stock...
Putprop Limited's (JSE:PPR) Shares Climb 30% But Its Business Is Yet to Catch Up
Putprop Limited ( JSE:PPR ) shareholders have had their patience rewarded with a 30% share price jump in the last...
Shareholder Returns
| PPR | ZA Real Estate | ZA Market | |
|---|---|---|---|
| 7D | 0% | 0.8% | -0.03% |
| 1Y | 29.2% | 49.0% | 19.0% |
Return vs Industry: PPR underperformed the ZA Real Estate industry which returned 49% over the past year.
Return vs Market: PPR exceeded the ZA Market which returned 19% over the past year.
Price Volatility
| PPR volatility | |
|---|---|
| PPR Beta | -0.0013 |
| Industry Beta | 0.82 |
| Market Beta | 1 |
Stable Share Price: PPR is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: PPR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 7 | Bruno Carleo | https://www.putprop.co.za |
Putprop Limited operates as a property investment company in South Africa. The company operates through Industrial, Retail, Commercial, and Residential segments. It invests in industrial, commercial, and retail properties.
Putprop Fundamentals Summary
| PPR fundamental statistics | |
|---|---|
| Market Cap | R178.12m |
| Earnings (TTM) | R22.71m |
| Revenue (TTM) | R75.07m |
7.8x
P/E Ratio2.4x
P/S RatioIs PPR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PPR income statement (TTM) | |
|---|---|
| Revenue | R75.07m |
| Cost of Revenue | R26.18m |
| Gross Profit | R48.89m |
| Expenses | R26.17m |
| Earnings | R22.71m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.54 |
| Gross Margin | 65.12% |
| Net Profit Margin | 30.26% |
| Debt/Equity Ratio | 81.4% |
How did PPR perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield29%
Payout RatioValuation
Is Putprop undervalued compared to its fair value and its price relative to the market?
41.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PPR (ZAR4.2) is trading below our estimate of fair value (ZAR7.23)
Significantly Below Fair Value: PPR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PPR is good value based on its PE Ratio (7.8x) compared to the ZA Real Estate industry average (9.4x).
PE vs Market: PPR is good value based on its PE Ratio (7.8x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PPR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PPR is good value based on its PB Ratio (0.3x) compared to the ZA Real Estate industry average (0.6x).
Future Growth
How is Putprop forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.8%
Forecasted Real Estate 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 Putprop 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 Putprop performed over the past 5 years?
-7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPR has a large one-off loss of ZAR14.7M impacting its June 30 2021 financial results.
Growing Profit Margin: PPR's current net profit margins (30.3%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: PPR's earnings have declined by 7.5% per year over the past 5 years.
Accelerating Growth: PPR's earnings growth over the past year (687.6%) exceeds its 5-year average (-7.5% per year).
Earnings vs Industry: PPR earnings growth over the past year (687.6%) exceeded the Real Estate industry 0.5%.
Return on Equity
High ROE: PPR's Return on Equity (3.6%) is considered low.
Financial Health
How is Putprop's financial position?
Financial Position Analysis
Short Term Liabilities: PPR's short term assets (ZAR53.8M) exceed its short term liabilities (ZAR41.2M).
Long Term Liabilities: PPR's short term assets (ZAR53.8M) do not cover its long term liabilities (ZAR520.2M).
Debt to Equity History and Analysis
Debt Level: PPR's debt to equity ratio (81.4%) is considered high.
Reducing Debt: PPR's debt to equity ratio has increased from 16.9% to 81.4% over the past 5 years.
Debt Coverage: PPR's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: PPR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Putprop current dividend yield, its reliability and sustainability?
3.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPR's dividend (3.57%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: PPR's dividend (3.57%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Stability and Growth of Payments
Stable Dividend: PPR's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.5%), PPR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.5yrs
Average management tenure
CEO
Bruno Carleo (65 yo)
10.5yrs
Tenure
R1,753,000
Compensation
Mr. Bruno Claudio Carleo has been the Chief Executive Officer and General Manager of Putprop Limited since April 1, 2011 and July 2007 respectively. Mr. Carleo has been an Executive Director at Putprop Lim...
CEO Compensation Analysis
Compensation vs Market: Bruno's total compensation ($USD119.17K) is below average for companies of similar size in the ZA market ($USD278.61K).
Compensation vs Earnings: Bruno's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PPR's management team is seasoned and experienced (10.5 years average tenure).
Board Members
Experienced Board: PPR's board of directors are considered experienced (5.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Putprop Limited's employee growth, exchange listings and data sources
Key Information
- Name: Putprop Limited
- Ticker: PPR
- Exchange: JSE
- Founded: NaN
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: R178.119m
- Shares outstanding: 42.41m
- Website: https://www.putprop.co.za
Number of Employees
Location
- Putprop Limited
- 91 Protea Road
- Chislehurston
- Johannesburg
- Gauteng
- 2196
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:34 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.