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AS PRFoods

TLSE:PRF1T
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRF1T
TLSE
€14M
Market Cap
  1. Home
  2. EE
  3. Food, Beverage & Tobacco
Company description

AS PRFoods, together with its subsidiaries, produces and sells fish and fish products in Finland, Sweden, Estonia, and internationally. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • AS PRFoods has significant price volatility in the past 3 months.
PRF1T Share Price and Events
7 Day Returns
-4.5%
TLSE:PRF1T
7%
Europe Food
-2%
EE Market
1 Year Returns
-30.5%
TLSE:PRF1T
-1.6%
Europe Food
-26.1%
EE Market
PRF1T Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AS PRFoods (PRF1T) -4.5% -18.4% -17% -30.5% -3.3% -41.3%
Europe Food 7% -3.5% -10.1% -1.6% 13.2% 23.8%
EE Market -2% -21% -21.7% -26.1% -28.9% -25.9%
1 Year Return vs Industry and Market
  • PRF1T underperformed the Food industry which returned -1.6% over the past year.
  • PRF1T underperformed the Market in Estonia which returned -26.1% over the past year.
Price Volatility
PRF1T
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for AS PRFoods's competitors could be found in our database.

PRF1T Value

 Is AS PRFoods undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of AS PRFoods to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for AS PRFoods.

TLSE:PRF1T Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year EE Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TLSE:PRF1T
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year EE Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.3%
Food Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.566 (1 + (1- 20%) (142.06%))
1.14
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.65% + (1.14 * 6.33%)
7.87%

Discounted Cash Flow Calculation for TLSE:PRF1T using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AS PRFoods is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TLSE:PRF1T DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.87%)
2020 9.50 Est @ 103.68% 8.81
2021 16.41 Est @ 72.77% 14.10
2022 24.80 Est @ 51.14% 19.76
2023 33.73 Est @ 35.99% 24.92
2024 42.30 Est @ 25.39% 28.96
2025 49.89 Est @ 17.97% 31.67
2026 56.27 Est @ 12.77% 33.11
2027 61.41 Est @ 9.14% 33.50
2028 65.45 Est @ 6.59% 33.11
2029 68.60 Est @ 4.81% 32.17
Present value of next 10 years cash flows €260.00
TLSE:PRF1T DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €68.60 × (1 + 0.65%) ÷ (7.87% – 0.65%)
€956.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €956.60 ÷ (1 + 7.87%)10
€448.54
TLSE:PRF1T Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €260.00 + €448.54
€708.54
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €708.54 / 37.68
€18.8
TLSE:PRF1T Discount to Share Price
Calculation Result
Value per share (EUR) From above. €18.80
Current discount Discount to share price of €0.38
= -1 x (€0.38 - €18.80) / €18.80
98%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price AS PRFoods is available for.
Intrinsic value
>50%
Share price is €0.38 vs Future cash flow value of €18.8
Current Discount Checks
For AS PRFoods to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AS PRFoods's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AS PRFoods's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for AS PRFoods's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AS PRFoods's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TLSE:PRF1T PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-0.02
TLSE:PRF1T Share Price ** TLSE (2020-03-31) in EUR €0.38
Europe Food Industry PE Ratio Median Figure of 135 Publicly-Listed Food Companies 15.53x
Estonia Market PE Ratio Median Figure of 14 Publicly-Listed Companies 9.97x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of AS PRFoods.

TLSE:PRF1T PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TLSE:PRF1T Share Price ÷ EPS (both in EUR)

= 0.38 ÷ -0.02

-21.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AS PRFoods is loss making, we can't compare its value to the Europe Food industry average.
  • AS PRFoods is loss making, we can't compare the value of its earnings to the Estonia market.
Price based on expected Growth
Does AS PRFoods's expected growth come at a high price?
Raw Data
TLSE:PRF1T PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -21.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Food Industry PEG Ratio Median Figure of 64 Publicly-Listed Food Companies 1.31x
Estonia Market PEG Ratio Median Figure of 11 Publicly-Listed Companies 0.41x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for AS PRFoods, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AS PRFoods's assets?
Raw Data
TLSE:PRF1T PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €0.60
TLSE:PRF1T Share Price * TLSE (2020-03-31) in EUR €0.38
Europe Food Industry PB Ratio Median Figure of 188 Publicly-Listed Food Companies 0.94x
Estonia Market PB Ratio Median Figure of 19 Publicly-Listed Companies 0.96x
TLSE:PRF1T PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TLSE:PRF1T Share Price ÷ Book Value per Share (both in EUR)

= 0.38 ÷ 0.60

0.63x

* Primary Listing of AS PRFoods.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AS PRFoods is good value based on assets compared to the Europe Food industry average.
X
Value checks
We assess AS PRFoods's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. AS PRFoods has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PRF1T Future Performance

 How is AS PRFoods expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 AS PRFoods 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.2%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AS PRFoods expected to grow at an attractive rate?
  • Unable to compare AS PRFoods's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare AS PRFoods's earnings growth to the Estonia market average as no estimate data is available.
  • Unable to compare AS PRFoods's revenue growth to the Estonia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TLSE:PRF1T Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Food Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
Europe Food Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Estonia Market Earnings Growth Rate Market Cap Weighted Average 5.9%
Estonia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TLSE:PRF1T Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TLSE:PRF1T Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TLSE:PRF1T Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 84 6 -1
2019-09-30 86 6 -1
2019-06-30 86 4 -1
2019-03-31 84 2 -3
2018-12-31 89 1 -2
2018-09-30 94 -1 -1
2018-06-30 92 -2 0
2018-03-31 86 2
2017-12-31 74 1
2017-09-30 59 0 0
2017-06-30 51 -1 0
2017-03-31 48 -3 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if AS PRFoods is high growth as no earnings estimate data is available.
  • Unable to determine if AS PRFoods is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TLSE:PRF1T Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from AS PRFoods Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TLSE:PRF1T Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TLSE:PRF1T Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -0.02
2019-09-30 -0.03
2019-06-30 -0.04
2019-03-31 -0.07
2018-12-31 -0.05
2018-09-30 -0.02
2018-06-30
2018-03-31 0.04
2017-12-31 0.03
2017-09-30 -0.01
2017-06-30 0.01
2017-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if AS PRFoods will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether AS PRFoods is trading at AS PRFoods'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. AS PRFoods's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess AS PRFoods's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
AS PRFoods has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PRF1T Past Performance

  How has AS PRFoods performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare AS PRFoods's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • AS PRFoods does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare AS PRFoods's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AS PRFoods's 1-year growth to the Europe Food industry average as it is not currently profitable.
Earnings and Revenue History
AS PRFoods's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from AS PRFoods Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TLSE:PRF1T Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 84.31 -0.65 10.85
2019-09-30 85.66 -1.04 10.68
2019-06-30 85.73 -1.46 10.70
2019-03-31 83.89 -2.69 10.78
2018-12-31 88.51 -1.74 10.61
2018-09-30 93.77 -0.70 10.58
2018-06-30 92.37 0.32 9.95
2018-03-31 85.79 1.87 8.48
2017-12-31 73.61 1.34 7.31
2017-09-30 58.52 -0.31 5.67
2017-06-30 51.06 0.17 4.89
2017-03-31 47.76 0.34 4.89
2016-12-31 47.43 0.72 4.79
2016-09-30 47.70 1.94 5.09
2016-06-30 48.53 1.01 5.27
2016-03-31 50.21 1.25 5.32
2015-12-31 50.27 1.18 5.41
2015-09-30 47.44 -0.84 5.92
2015-06-30 46.13 -1.41 5.89
2015-03-31 45.99 -1.11 6.04
2014-12-31 45.86 -1.50 6.15
2014-09-30 47.98 0.14 5.71
2014-06-30 47.50 0.31 5.69
2014-03-31 35.26 -0.62 1.87
2013-12-31 43.36 -0.87 5.54
2013-09-30 46.50 -1.85 8.97
2013-06-30 60.53 -1.03 13.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if AS PRFoods has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • AS PRFoods used its assets less efficiently than the Europe Food industry average last year based on Return on Assets.
  • It is difficult to establish if AS PRFoods improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess AS PRFoods's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
AS PRFoods has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PRF1T Health

 How is AS PRFoods's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up AS PRFoods's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AS PRFoods's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • AS PRFoods's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AS PRFoods's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from AS PRFoods Company Filings, last reported 3 months ago.

TLSE:PRF1T Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 23.31 19.27 2.68
2019-09-30 22.75 21.11 2.33
2019-06-30 21.87 21.85 2.58
2019-03-31 23.28 23.68 6.22
2018-12-31 24.23 23.95 4.91
2018-09-30 24.10 23.68 2.79
2018-06-30 23.31 22.98 5.96
2018-03-31 24.48 22.71 7.13
2017-12-31 24.84 10.11 6.49
2017-09-30 23.77 21.84 6.42
2017-06-30 22.70 3.95 4.09
2017-03-31 22.84 3.95 3.57
2016-12-31 23.81 3.39 4.37
2016-09-30 24.32 3.54 3.55
2016-06-30 22.74 0.00 2.63
2016-03-31 22.73 0.00 4.38
2015-12-31 23.22 0.00 1.92
2015-09-30 33.97 0.00 6.05
2015-06-30 33.35 0.00 7.32
2015-03-31 33.13 0.00 4.00
2014-12-31 33.67 0.00 3.33
2014-09-30 40.45 9.15 0.39
2014-06-30 37.89 12.87 1.88
2014-03-31 36.07 12.98 1.45
2013-12-31 37.30 12.41 1.31
2013-09-30 38.19 13.84 1.25
2013-06-30 36.05 14.09 0.86
  • AS PRFoods's level of debt (82.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 82.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making AS PRFoods has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making AS PRFoods has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.2% per year.
X
Financial health checks
We assess AS PRFoods's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. AS PRFoods has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PRF1T Dividends

 What is AS PRFoods's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.62%
Current annual income from AS PRFoods dividends.
If you bought €2,000 of AS PRFoods shares you are expected to receive €52 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • AS PRFoods's pays a higher dividend yield than the bottom 25% of dividend payers in Estonia (2.45%).
  • AS PRFoods's dividend is below the markets top 25% of dividend payers in Estonia (9.26%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TLSE:PRF1T Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Food Industry Average Dividend Yield Market Cap Weighted Average of 103 Stocks 2.7%
Estonia Market Average Dividend Yield Market Cap Weighted Average of 12 Stocks 7.4%
Estonia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Estonia Bottom 25% Dividend Yield 25th Percentile 2.5%
Estonia Top 25% Dividend Yield 75th Percentile 9.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TLSE:PRF1T Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
TLSE:PRF1T Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-11-06 0.010 1.993
2016-02-18 0.000 0.000
2015-11-20 0.000 0.000
2015-08-14 0.000 0.000
2015-05-15 0.000 0.000
2015-04-13 0.000 0.000
2014-05-05 0.010 1.488
2013-05-31 0.010 1.429
2012-04-10 0.010 1.492
2011-05-06 0.010 1.370

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AS PRFoods has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • AS PRFoods has only been paying a dividend for 9 years, and since then there has been no growth.
Current Payout to shareholders
What portion of AS PRFoods's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess AS PRFoods's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can AS PRFoods afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AS PRFoods has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PRF1T Management

 What is the CEO of AS PRFoods's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Indrek Kasela
AGE 48
TENURE AS CEO 5 years
CEO Bio

Mr. Indrek Kasela is Member of Management Board of Överumans Fisk Ab. He serves as a Founding Partner at UnitedAngels VC. Mr. Kasela serves as Member of Management Board at Saaremere Kala AS and has been Member of Management Board of Oy Trio Trading Ab since September 3, 2019. He has been Chief Executive Officer and Chairman of the Management Board at AS PRFoods since February 2, 2015. Mr. Kasela has been Member of Management Board of Vettel Oü since July 4, 2017. He serves as Member of Management Board at Heimon Kala Oy. He is a Partner at Amber Trust Management S.A. Prior to that, Mr. Kasela was employed at Firebird Management LLC. Previously, he was a Managing Director at the Tallinn Stock Exchange. Mr. Kasela has an investment banking background. He served as the Chairman of the Supervisory Board of AS PRFoods (AS Premia Foods) until January 31, 2015. He serves as the Deputy Chairman of the Council of ELKO Grupa AS. He serves as Deputy Chairman of the Council at AS ELKO Grupa. He served as Member of Supervisory Board at Saaremere Kala AS. Mr. Kasela has been a Member of the Supervisory Board of Aktsiaselts Ekspress Grupp (now known as Ekspress Grupp) since June 20, 2014. He has been a Director of Open Joint-Stock Company Pharmsynthez since 2007. He has been Member of Supervisory Board at Elering AS since August 2016. Mr. Kasela serves on the Supervisory Councils of OU Vettel, Salva Kindlustus AS and JSC Elko Group. He served as Member of Supervisory Board at Vettel Oü. He served as Member of Supervisory Board of AS PRFoods (AS Premia Foods) from December 8, 2008 to January 31, 2015. Mr. Kasela has earned an LL.M. from New York University in 1996 and a B.A. in Law from University Of Tartu in 1994.

CEO Compensation
  • Insufficient data for Indrek to compare compensation growth.
  • Insufficient data for Indrek to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Indrek Kasela

TITLE
CEO & Chairman of Management Board
AGE
48
TENURE
5 yrs

Helin Tiido

TITLE
Chief Financial Officer
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the AS PRFoods board of directors in years:

10.6
Average Tenure
53
Average Age
  • The average tenure for the AS PRFoods board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lauri Äimä

TITLE
Chairman of Supervisory Board
AGE
48
TENURE
5 yrs

Kuldar Leis

TITLE
Independent Vice-Chairman of Supervisory Board
AGE
51

Harvey Sawikin

TITLE
Member of the Supervisory Board
AGE
59
TENURE
10.8 yrs

Aavo Kokk

TITLE
Independent Member of the Supervisory Board
AGE
55
TENURE
10.8 yrs

Vesa Karo

TITLE
Independent Member of the Supervisory Board
AGE
57
TENURE
10.6 yrs

Arko Kadajane

TITLE
Independent Member of the Supervisory Board
AGE
38
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess AS PRFoods's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. AS PRFoods has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PRF1T News

Simply Wall St News

PRF1T Company Info

Description

AS PRFoods, together with its subsidiaries, produces and sells fish and fish products in Finland, Sweden, Estonia, and internationally. The company is also involved in fish farming, processing, and sale activities. It offers its products under the Heimon Gourmet, Saaristomeren, John Ross Aberdeen, Coln Valley Smokery, and Fishk brand names, as well as Gurmé and Polar Fish trademarks. The company was formerly known as AS Premia Foods and changed its name to AS PRFoods in November 2014. AS PRFoods is based in Tallinn, Estonia.

Details
Name: AS PRFoods
PRF1T
Exchange: TLSE
Founded:
€14,394,852
37,682,860
Website: http://www.prfoods.ee
Address: AS PRFoods
Pärnu mnt 141,
Delta Plaza,
Tallinn,
11314,
Estonia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TLSE PRF1T Ordinary Shares OMX Nordic Exchange Tallinn EE EUR 05. May 2010
LSE 0MOK Ordinary Shares London Stock Exchange GB EUR 05. May 2010
Number of employees
Current staff
Staff numbers
351
AS PRFoods employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 21:10
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2019/08/25
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.