Pacific Current Group Future Growth

Future criteria checks 0/6

Pacific Current Group's revenue and earnings are forecast to decline at 63% and 44.8% per annum respectively. EPS is expected to decline by 40% per annum. Return on equity is forecast to be 5.3% in 3 years.

Key information

-44.8%

Earnings growth rate

-40.0%

EPS growth rate

Capital Markets earnings growth	11.5%
Revenue growth rate	-63.0%
Future return on equity	5.3%
Analyst coverage	Low
Last updated	22 Sep 2024

Recent future growth updates

Recent updates

The Pacific Current Group Limited (ASX:PAC) Analyst Just Boosted Their Forecasts By A Dazzling Amount

Mar 24

What Kind Of Shareholders Hold The Majority In Pacific Current Group Limited's (ASX:PAC) Shares?

Mar 17

Is Pacific Current Group Limited (ASX:PAC) A Risky Dividend Stock?

Feb 10

How Much Did Pacific Current Group's(ASX:PAC) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 19

Are Insiders Buying Pacific Current Group Limited (ASX:PAC) Stock?

Dec 28

What You Need To Know About Pacific Current Group Limited's (ASX:PAC) Investor Composition

Dec 02

Earnings and Revenue Growth Forecasts

ASX:PAC - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	29	26	36	37	2
6/30/2026	29	22	38	24	2
6/30/2025	30	17	2	-13	2
6/30/2024	209	110	21	21	N/A
3/31/2024	150	58	25	26	N/A
12/31/2023	92	6	29	32	N/A
9/30/2023	61	-5	24	27	N/A
6/30/2023	31	-16	19	22	N/A
3/31/2023	13	-22	17	19	N/A
12/31/2022	-5	-29	16	16	N/A
9/30/2022	-14	-32	19	20	N/A
6/30/2022	-23	-35	23	23	N/A
3/31/2022	-8	-23	25	25	N/A
12/31/2021	6	-11	26	26	N/A
9/30/2021	28	3	27	28	N/A
6/30/2021	49	17	29	29	N/A
3/31/2021	54	10	29	29	N/A
12/31/2020	59	3	29	29	N/A
9/30/2020	65	-7	27	27	N/A
6/30/2020	72	-18	26	26	N/A
3/31/2020	76	-18	16	16	N/A
12/31/2019	80	-19	6	6	N/A
9/30/2019	107	9	2	2	N/A
6/30/2019	135	38	-3	-2	N/A
3/31/2019	128	38	6	6	N/A
12/31/2018	121	38	14	15	N/A
9/30/2018	134	68	17	18	N/A
6/30/2018	147	98	19	20	N/A
3/31/2018	144	75	N/A	12	N/A
12/31/2017	141	52	N/A	3	N/A
9/30/2017	93	0	N/A	2	N/A
6/30/2017	46	-52	N/A	1	N/A
3/31/2017	39	-11	N/A	4	N/A
12/31/2016	31	-34	N/A	10	N/A
9/30/2016	18	-41	N/A	13	N/A
6/30/2016	6	-48	N/A	15	N/A
3/31/2016	9	-30	N/A	12	N/A
12/31/2015	12	-11	N/A	10	N/A
9/30/2015	109	62	N/A	7	N/A
6/30/2015	206	136	N/A	4	N/A
3/31/2015	202	144	N/A	8	N/A
12/31/2014	199	152	N/A	11	N/A
9/30/2014	101	82	N/A	11	N/A
6/30/2014	3	13	N/A	12	N/A
3/31/2014	2	8	N/A	12	N/A
12/31/2013	1	3	N/A	12	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PAC's earnings are forecast to decline over the next 3 years (-44.8% per year).

Earnings vs Market: PAC's earnings are forecast to decline over the next 3 years (-44.8% per year).

High Growth Earnings: PAC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PAC's revenue is expected to decline over the next 3 years (-63% per year).

High Growth Revenue: PAC's revenue is forecast to decline over the next 3 years (-63% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PAC's Return on Equity is forecast to be low in 3 years time (5.3%).

Pacific Current Group Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 23%

Price target increased by 7.3% to AU$12.50

Consensus revenue estimates decrease by 43%

Consensus EPS estimates increase by 36%, revenue downgraded

Price target increased by 8.5% to AU$11.45

Price target decreased by 7.9% to AU$9.42

Recent updates

Consensus revenue estimates fall by 23%

Price target increased by 7.3% to AU$12.50

Final dividend of AU$0.23 announced

Full year 2024 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

GQG Partners Inc. (ASX:GQG) completed the acquisition of an unknown minority stake in Proterra Investment Partners and Cordillera Investment Partners and Avante Capital from Pacific Current Group Limited (ASX:PAC).

Consensus revenue estimates decrease by 43%

Consensus EPS estimates increase by 36%, revenue downgraded

Upcoming dividend of AU$0.15 per share

First half 2024 earnings released: EPS: AU$0.23 (vs AU$0.20 loss in 1H 2023)

First half dividend of AU$0.15 announced

Price target increased by 8.5% to AU$11.45

Less than half of directors are independent

Pacific Current Group Limited Appoints Michael Clarke as Non-Executive Director, Effective 14 February 2024

Pacific Current Group Limited, Annual General Meeting, Nov 15, 2024

Pacific Current Group Limited Announces the Retirement of Jeremiah (Jerry) Chafkin as Non-Executive Director, Effective 17 November 2023

Pacific Current Group Limited Announces the Retirement of Jeremiah (Jerry) Chafkin as Non-Executive Director, Effective 17 November 2023

GQG Partners Inc. (ASX:GQG) cancelled the acquisition of Pacific Current Group Limited (ASX:PAC) from River Capital Pty Ltd. and others

GQG Partners Inc. (ASX:GQG) agreed to acquire Pacific Current Group Limited (ASX:PAC) from River Capital Pty Ltd. and others for AUD570 million.

Pacific Current Group Limited (ASX:PAC) entered into an agreement to acquire 24.9% stake in Avante Capital Partners for $40 million.

Upcoming dividend of AU$0.23 per share at 3.4% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

Pacific Current Group Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payment Date of October 12, 2023

Regal Funds Management Pty Limited (ASX:RPL) entered into a confidential and non-binding indicative proposal to acquire Pacific Current Group Limited (ASX:PAC) for AUD 577 million.

Price target decreased by 7.9% to AU$9.42

Upcoming dividend of AU$0.15 per share at 5.5% yield

First half 2023 earnings released: AU$0.20 loss per share (vs AU$0.33 loss in 1H 2022)

Pacific Current Group Limited, Annual General Meeting, Nov 16, 2023

Price target decreased to AU$10.19

No independent directors

Price target decreased to AU$10.19

Upcoming dividend of AU$0.23 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Pacific Current Group Limited Announces Dividend for the six months ended June 30, 2022, Payable on October 11, 2022

No independent directors

Non Executive Chairman of the Board recently bought AU$114k worth of stock

First half 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to AU$11.30

Pacific Current Group Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021, Payable on April 14, 2022

Pacific Current Group Limited Declares Fully Franked Interim Dividend

Pacific Current Group Limited (ASX:PAC) acquired Banner Oak Capital Partners, LP for $40 million.

No independent directors

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS AU$0.34 (vs AU$0.36 loss in FY 2020)

The Pacific Current Group Limited (ASX:PAC) Analyst Just Boosted Their Forecasts By A Dazzling Amount

Price target decreased to AU$6.70

Consensus revenue estimates increase to AU$66.3m

What Kind Of Shareholders Hold The Majority In Pacific Current Group Limited's (ASX:PAC) Shares?

First half 2021 earnings released: EPS AU$0.23 (vs AU$0.19 loss in 1H 2020)

New 90-day low: AU$5.92

Is Pacific Current Group Limited (ASX:PAC) A Risky Dividend Stock?

Pacific Current Group Limited to Report First Half, 2021 Results on Feb 26, 2021

How Much Did Pacific Current Group's(ASX:PAC) Shareholders Earn From Share Price Movements Over The Last Three Years?

New 90-day high: AU$6.42

Pacific Current Group Limited (ASX:PAC) entered into an agreement to acquire unknown minority stake in Astarte Capital Partners Llp for £4.4 million.

Are Insiders Buying Pacific Current Group Limited (ASX:PAC) Stock?

New 90-day high: AU$6.40

What You Need To Know About Pacific Current Group Limited's (ASX:PAC) Investor Composition

Pacific Current Group Limited Appoints Ashley Killick as Chief Financial Officer

New 90-day high: AU$6.37

Non Executive Chairman of the Board recently bought AU$58k worth of stock

MD, CEO recently bought AU$375k worth of stock

Full year earnings released - AU$0.36 loss per share

New 90-day high - AU$6.22

Full year earnings released - AU$0.36 loss per share

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity