ASX:IPC

Stock Analysis Report

Executive Summary

Imperial Pacific Limited, through its subsidiaries, operates as an investment and financial services company in Australia.

Snowflake

Share Price & News

How has Imperial Pacific's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

IPC

5.3%

AU Capital Markets

2.5%

AU Market


1 Year Return

n/a

IPC

17.7%

AU Capital Markets

11.1%

AU Market

Return vs Industry: Insufficient data to determine how IPC performed against the Australian Capital Markets industry.

Return vs Market: Insufficient data to determine how IPC performed against the Australian Market.


Shareholder returns

IPCIndustryMarket
7 Day0%5.3%2.5%
30 Day0%3.3%0.7%
90 Dayn/a3.3%1.4%
1 Yearn/a23.0%17.7%17.5%11.1%
3 Year76.6%46.7%89.6%64.2%37.8%19.4%
5 Year106.4%46.7%191.0%128.5%51.7%17.6%

Price Volatility Vs. Market

How volatile is Imperial Pacific's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Imperial Pacific undervalued compared to its fair value and its price relative to the market?

0.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate IPC's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate IPC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IPC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: IPC is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IPC is good value based on its PB Ratio (1x) compared to the AU Capital Markets industry average (1.8x).

Future Growth

How is Imperial Pacific forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.6%

Forecasted Diversified Financials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if IPC's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if IPC's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if IPC's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if IPC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if IPC's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Imperial Pacific performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IPC is unprofitable, and losses have increased over the past 5 years at a rate of -11.4% per year.

Accelerating Growth: Unable to compare IPC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IPC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2.9%).


Return on Equity

High ROE: IPC has a negative Return on Equity (-5.45%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: IPC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: IPC is currently unprofitable, so its Return on Capital Employed is negative.

Financial Health

How is Imperial Pacific's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: IPC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IPC's debt is covered by short term assets.


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.

Stable Cash Runway: IPC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IPC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.4% each year


Financial Institutions Analysis

Asset Level: IPC's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if IPC has a sufficient allowance for bad loans.

Low Risk Liabilities: IPC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if IPC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: IPC has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if IPC has an appropriate level of bad loans.

Dividend

What is Imperial Pacific's current dividend yield, its reliability and sustainability?

5.68%

Current Dividend Yield


Dividend Yield vs Market

company5.7%marketbottom25%2.5%markettop25%5.6%industryaverage3.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: IPC's dividend (5.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.46%).

High Dividend: IPC's dividend (5.68%) is in the top 25% of dividend payers in the Australian market (5.56%)

Stable Dividend: Whilst dividend payments have been stable, IPC has been paying a dividend for less than 10 years.

Growing Dividend: IPC's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: IPC is paying a dividend but the company is unprofitable.


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.

Management

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

0.7yrs

Average board tenure


CEO

Peter Murray 0

0yrs

Tenure

AU$124,800

Compensation

Mr. Peter E. J. Murray, BA, FCA, SA Finsia, serves as the Chairman and Chief Executive Officer of Imperial Pacific Limited (formerly Belmont Holding s Ltd.) since 1981. Mr. Murray serves as the Chief Opera ...


Board Age and Tenure

0.7yrs

Average Tenure

Experienced Board: IPC's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: IPC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$3,86324 Jun 19
Peter Murray
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares3,512
Max PriceAU$1.10
BuyAU$4,56006 May 19
Neil Schafer
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares4,000
Max PriceAU$1.14

Ownership Breakdown


Management Team

  • Peter Murray

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: AU$124.80k
  • Louis Joseph

    Company Secretary

    • Tenure: 3.4yrs

Board Members

  • David Butel

    Non Executive Director

    • Tenure: 0.7yrs
    • Compensation: AU$34.04k
  • Peter Murray

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: AU$124.80k
  • Neil Schafer (66yo)

    Non Executive Director

    • Tenure: 0.5yrs

Company Information

Imperial Pacific Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Imperial Pacific Limited
  • Ticker: IPC
  • Exchange: ASX
  • Founded: 1936
  • Industry: Diversified Capital Markets
  • Sector: Diversified Financials
  • Market Cap: AU$3.396m
  • Shares outstanding: 3.09m
  • Website: https://www.imperialpacific.com.au

Location

  • Imperial Pacific Limited
  • 210 George Street
  • Level 1
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992

Biography

Imperial Pacific Limited, through its subsidiaries, operates as an investment and financial services company in Australia. It is involved in the portfolio management of London City Equities Limited, as wel ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 10:33
End of Day Share Price2019/06/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.