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Premier Fishing & Brands

JSE:PFB
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PFB
JSE
ZAR247M
Market Cap
  1. Home
  2. ZA
  3. Food, Beverage & Tobacco
Company description

Premier Fishing and Brands Limited, an integrated food and fishing company, engages in harvesting, processing, sale, and distribution of fish and fish-related products in South Africa, the United States, the Far East, and Europe. The last earnings update was 95 days ago. More info.


Add to Portfolio Compare Print
  • Premier Fishing & Brands has significant price volatility in the past 3 months.
PFB Share Price and Events
7 Day Returns
-25.9%
JSE:PFB
1%
ZA Food
2.5%
ZA Market
1 Year Returns
-61.7%
JSE:PFB
-12.9%
ZA Food
-32.3%
ZA Market
PFB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Premier Fishing & Brands (PFB) -25.9% -32.2% -33.3% -61.7% -82.3% -
ZA Food 1% 0.8% -9.1% -12.9% -37.5% -31.1%
ZA Market 2.5% -18.2% -26.4% -32.3% -26.1% -30.5%
1 Year Return vs Industry and Market
  • PFB underperformed the Food industry which returned -12.9% over the past year.
  • PFB underperformed the Market in South Africa which returned -32.3% over the past year.
Price Volatility
PFB
Industry
5yr Volatility vs Market

Value

 Is Premier Fishing & Brands 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 Premier Fishing & Brands 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 Premier Fishing & Brands.

JSE:PFB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-08-31) in ZAR ZAR .200000
Payout Ratio Company Filings (2019-08-31) 6278.7%
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year ZA Government Bond Rate 8.6%

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 JSE:PFB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ZA Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Food Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.569 (1 + (1- 28%) (2.66%))
0.736
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 8.23%)
15.18%

Discounted Cash Flow Calculation for JSE:PFB using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Premier Fishing & Brands is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

JSE:PFB Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ZAR0.2 / (15.18% - 8.6%)
ZAR1.98
JSE:PFB Discount to Share Price
Calculation Result
Value per share (ZAR) From above. ZAR1.98
Current discount Discount to share price of ZAR0.80
= -1 x (ZAR0.80 - ZAR1.98) / ZAR1.98
59.6%

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

Current Discount
Amount off the current price Premier Fishing & Brands is available for.
Intrinsic value
>50%
Share price is ZAR0.8 vs Future cash flow value of ZAR1.98
Current Discount Checks
For Premier Fishing & Brands to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Premier Fishing & Brands's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Premier Fishing & Brands'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 Premier Fishing & Brands's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Premier Fishing & Brands's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
JSE:PFB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-08-31) in ZAR ZAR0.19
JSE:PFB Share Price ** JSE (2020-04-03) in ZAR ZAR0.8
South Africa Food Industry PE Ratio Median Figure of 13 Publicly-Listed Food Companies 11.15x
South Africa Market PE Ratio Median Figure of 203 Publicly-Listed Companies 7.91x

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

** Primary Listing of Premier Fishing & Brands.

JSE:PFB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JSE:PFB Share Price ÷ EPS (both in ZAR)

= 0.8 ÷ 0.19

4.31x

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

  • Premier Fishing & Brands is good value based on earnings compared to the ZA Food industry average.
  • Premier Fishing & Brands is good value based on earnings compared to the South Africa market.
Price based on expected Growth
Does Premier Fishing & Brands's expected growth come at a high price?
Raw Data
JSE:PFB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
South Africa Food Industry PEG Ratio Median Figure of 8 Publicly-Listed Food Companies 0.79x
South Africa Market PEG Ratio Median Figure of 78 Publicly-Listed Companies 0.85x

*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 Premier Fishing & Brands, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Premier Fishing & Brands's assets?
Raw Data
JSE:PFB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-08-31) in ZAR ZAR2.95
JSE:PFB Share Price * JSE (2020-04-03) in ZAR ZAR0.8
South Africa Food Industry PB Ratio Median Figure of 16 Publicly-Listed Food Companies 1.43x
South Africa Market PB Ratio Median Figure of 271 Publicly-Listed Companies 0.66x
JSE:PFB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JSE:PFB Share Price ÷ Book Value per Share (both in ZAR)

= 0.8 ÷ 2.95

0.27x

* Primary Listing of Premier Fishing & Brands.

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

  • Premier Fishing & Brands is good value based on assets compared to the ZA Food industry average.
X
Value checks
We assess Premier Fishing & Brands'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. Premier Fishing & Brands has a total score of 5/6, 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.

Future Performance

 How is Premier Fishing & Brands 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 Premier Fishing & Brands 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
11.7%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Premier Fishing & Brands expected to grow at an attractive rate?
  • Unable to compare Premier Fishing & Brands's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Premier Fishing & Brands's earnings growth to the South Africa market average as no estimate data is available.
  • Unable to compare Premier Fishing & Brands's revenue growth to the South Africa market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
JSE:PFB Future Growth Rates Data Sources
Data Point Source Value (per year)
South Africa Food Industry Earnings Growth Rate Market Cap Weighted Average 11.7%
South Africa Food Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
South Africa Market Earnings Growth Rate Market Cap Weighted Average 16%
South Africa Market Revenue Growth Rate Market Cap Weighted Average 8.2%

*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
JSE:PFB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ZAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
JSE:PFB Past Financials Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income *
2019-08-31 575 90 48
2019-05-31 584 106 68
2019-02-28 593 123 88
2018-11-30 542 93 85
2018-08-31 491 62 82
2018-05-31 452 38 80
2018-02-28 413 13 79
2017-11-30 412 27 73
2017-08-31 411 42 68
2017-05-31 412 48 62
2017-02-28 414 55 57
2016-11-30 408 56 54

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Premier Fishing & Brands is high growth as no earnings estimate data is available.
  • Unable to determine if Premier Fishing & Brands 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
JSE:PFB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Premier Fishing & Brands Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:PFB Past Financials Data
Date (Data in ZAR Millions) EPS *
2019-08-31 0.19
2019-05-31 0.26
2019-02-28 0.34
2018-11-30 0.33
2018-08-31 0.31
2018-05-31 0.31
2018-02-28 0.30
2017-11-30 0.32
2017-08-31 0.34
2017-05-31 0.36
2017-02-28 0.40
2016-11-30 0.38

*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 Premier Fishing & Brands will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Premier Fishing & Brands is trading at Premier Fishing & Brands'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. Premier Fishing & Brands'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 Premier Fishing & Brands'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 South Africa market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South Africa 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.
Premier Fishing & Brands 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.

Past Performance

  How has Premier Fishing & Brands 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 Premier Fishing & Brands'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.
  • Premier Fishing & Brands's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Premier Fishing & Brands's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Premier Fishing & Brands's 1-year earnings growth is negative, it can't be compared to the ZA Food industry average.
Earnings and Revenue History
Premier Fishing & Brands'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 Premier Fishing & Brands Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

JSE:PFB Past Revenue, Cash Flow and Net Income Data
Date (Data in ZAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-08-31 575.01 48.25
2019-05-31 584.11 68.10
2019-02-28 593.21 87.95
2018-11-30 542.04 84.90
2018-08-31 490.87 81.86
2018-05-31 451.76 80.34
2018-02-28 412.65 78.82
2017-11-30 411.69 73.46
2017-08-31 410.73 68.10
2017-05-31 412.30 62.36
2017-02-28 413.86 56.62
2016-11-30 407.78 54.36
2016-08-31 401.69 52.11
2015-08-31 348.87 51.24 80.41
2014-08-31 315.12 30.70 73.95

*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.
  • Premier Fishing & Brands has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Premier Fishing & Brands used its assets less efficiently than the ZA Food industry average last year based on Return on Assets.
  • Premier Fishing & Brands's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Premier Fishing & Brands'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.
Premier Fishing & Brands has a total score of 1/6, 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.

Health

 How is Premier Fishing & Brands'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 Premier Fishing & Brands's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Premier Fishing & Brands is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Premier Fishing & Brands's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Premier Fishing & Brands'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 63.7x 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 Premier Fishing & Brands Company Filings, last reported 7 months ago.

JSE:PFB Past Debt and Equity Data
Date (Data in ZAR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-08-31 814.01 6.58 188.76
2019-05-31 814.01 6.58 188.76
2019-02-28 826.93 40.77 266.52
2018-11-30 826.93 40.77 266.52
2018-08-31 862.44 11.38 358.34
2018-05-31 862.44 11.38 358.34
2018-02-28 760.95 33.51 425.44
2017-11-30 760.95 33.51 425.44
2017-08-31 771.10 29.06 542.12
2017-05-31 771.10 29.06 542.12
2017-02-28 213.61 39.61 30.87
2016-11-30 213.61 39.61 30.87
2016-08-31 225.48 15.52 23.71
2015-08-31 197.37 12.91 4.52
2014-08-31 161.13 5.67 14.69
  • Premier Fishing & Brands's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (3.5% vs 0.8% today).
  • Debt is well covered by operating cash flow (1369.1%, greater than 20% of total debt).
  • Premier Fishing & Brands earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Premier Fishing & Brands'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. Premier Fishing & Brands has a total score of 6/6, 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.

Dividends

 What is Premier Fishing & Brands'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
25%
Current annual income from Premier Fishing & Brands dividends.
If you bought ZAR2,000 of Premier Fishing & Brands shares you are expected to receive ZAR500 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?
  • Premier Fishing & Brands's pays a higher dividend yield than the bottom 25% of dividend payers in South Africa (4.48%).
  • Premier Fishing & Brands's dividend is above the markets top 25% of dividend payers in South Africa (13.78%).
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
JSE:PFB 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
South Africa Food Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.2%
South Africa Market Average Dividend Yield Market Cap Weighted Average of 171 Stocks 5.4%
South Africa Minimum Threshold Dividend Yield 10th Percentile 2.6%
South Africa Bottom 25% Dividend Yield 25th Percentile 4.5%
South Africa Top 25% Dividend Yield 75th Percentile 13.8%

Industry and Market average data is calculated daily.

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

JSE:PFB Past Annualized Dividends Data
Date (Data in ZAR) Dividend per share (annual) Avg. Yield (%)
2019-10-30 0.200 17.246
2019-04-09 0.240 11.844
2018-10-30 0.250 7.637
2017-10-24 0.150 3.854

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

  • Premier Fishing & Brands has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Premier Fishing & Brands only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Premier Fishing & Brands's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
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 Premier Fishing & Brands's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2.6%) - 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 Premier Fishing & Brands afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Premier Fishing & Brands has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of Premier Fishing & Brands'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
Rushaan Isaacs
COMPENSATION ZAR1,459,000
AGE 39
TENURE AS CEO 0.2 years
CEO Bio

Mrs. Rushaan Isaacs serves as Chief Executive Officer at Premier Fishing & Brands Limit since February 01, 2020. She has been Sales & Marketing Director and Executive Director at Premier Food and Fishing Limited since February 01, 2017. Mrs. Isaacs heads up the sales division of Premier Fishing SA (Pty) Ltd. She has over 18 years of sales experience within the fishing industry managing and developing strategy for global markets within the various fishing sectors Premier Fishing is involved in. Mrs. Isaacs has over the past years managed to build valuable relations within all of Premier Fishing’s sectors and also achieved highest service levels and top branding positioning of all sectors. She has also won awards in the AEEI for Overall Top Achiever in 2014 and Emerging Executive of the Year in 2015. She attended Management Development Programme from University of Stellenbosch.

CEO Compensation
  • Rushaan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Rushaan's remuneration is lower than average for companies of similar size in South Africa.
Management Team Tenure

Average tenure of the Premier Fishing & Brands management team in years:

0.4
Average Tenure
  • The average tenure for the Premier Fishing & Brands management team is less than 2 years, this suggests a new team.
Management Team

Rushaan Isaacs

TITLE
CEO, Sales & Marketing Director and Executive Director
COMPENSATION
ZAR1M
AGE
39
TENURE
0.2 yrs

Brent Robertson

TITLE
Chief Financial Officer
TENURE
0.4 yrs

Cornell Kannemeyer

TITLE
Company Secretary
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Premier Fishing & Brands board of directors in years:

2.1
Average Tenure
57
Average Age
  • The average tenure for the Premier Fishing & Brands board of directors is less than 3 years, this suggests a new board.
Board of Directors

Aziza B. Amod

TITLE
Independent Non-Executive Chairperson
COMPENSATION
ZAR615K
AGE
57
TENURE
0.2 yrs

Rushaan Isaacs

TITLE
CEO, Sales & Marketing Director and Executive Director
COMPENSATION
ZAR1M
AGE
39
TENURE
3.2 yrs

Salim Young

TITLE
Independent Non-Executive Deputy Chairman of the Board
COMPENSATION
ZAR168K
AGE
62

Rosemary Mosia

TITLE
Non-Executive Independent Director
COMPENSATION
ZAR168K
AGE
51
TENURE
3.2 yrs

Clifford van der Venter

TITLE
Non-Executive Independent Director
COMPENSATION
ZAR166K
AGE
54
TENURE
3.2 yrs

Ngoako Ramathlodi

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR161K
AGE
63
TENURE
2.1 yrs

Sebenzile Mngconkola

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR113K
TENURE
2.1 yrs

Ismet Amod

TITLE
Non-Executive Director
AGE
62
TENURE
0.5 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 (ZAR) Value (ZAR)
X
Management checks
We assess Premier Fishing & Brands'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. Premier Fishing & Brands 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.

News

Simply Wall St News

Company Info

Description

Premier Fishing and Brands Limited, an integrated food and fishing company, engages in harvesting, processing, sale, and distribution of fish and fish-related products in South Africa, the United States, the Far East, and Europe. It operates through Fishing, Aquaculture, and Services segments. Its products include pilchards and anchovy, west coast rock lobster, pelagics, south coast rock lobster, abalone, squid, and hake, as well as Seagro bottled fertilizers. The company provides processing and marketing, and cold storage services. Premier Fishing and Brands Limited offers its products under the South Atlantic, Sea Diamond, Atlantic Abalone, and Seagro brands. The company was formerly known as Premier Food and Fishing Limited and changed its name to Premier Fishing and Brands Limited in October 2017. Premier Fishing and Brands Limited was founded in 1952 and is based in Cape Town, South Africa.

Details
Name: Premier Fishing & Brands Limited
PFB
Exchange: JSE
Founded: 1952
ZAR247,000,000
260,000,000
Website: http://www.premierfishing.co.za
Address: Premier Fishing & Brands Limited
Quay 7,
East Pier,
Cape Town,
Western Cape, 8001,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JSE PFB Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 02. Mar 2017
Number of employees
Current staff
Staff numbers
0
Premier Fishing & Brands employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 20:12
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/01/02
Last earnings reported: 2019/08/31
Last annual earnings reported: 2019/08/31


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.