On the stock market since 2013, it operates in the world of raw materials. It has 4,539 employees. Now — the numbers.
This is an established company with proven profits.
No real growth (5% a year).
If every debt were paid off today, $3.1T would still be left in the vault — a solid cushion for hard times.
The stock trades 59% below its peak. The market has trimmed its expectations for the company.
There is $5.9T in the vault; even if every debt were paid off, $3.1T would remain.
It pays out $0.03 per share each year — regular cash for whoever holds the stock.
The stock sits at $0.42. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
Over the last 3 years, sales grew only 3% a year on average. At this size, speeding back up is not easy.
On our five-subject report card, PITPF sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: PITPF is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.