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Pacific Current Group

ASX:PAC
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PAC
ASX
A$224M
Market Cap
  1. Home
  2. AU
  3. Diversified Financials
Company description

Pacific Current Group Limited engages in multi-boutique asset management business worldwide. The last earnings update was 80 days ago. More info.


Add to Portfolio Compare Print
  • Pacific Current Group is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PAC Share Price and Events
7 Day Returns
-3.1%
ASX:PAC
-2.2%
AU Capital Markets
1.1%
AU Market
1 Year Returns
-21.5%
ASX:PAC
7.5%
AU Capital Markets
2.6%
AU Market
PAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pacific Current Group (PAC) -3.1% 1.7% -16.3% -21.5% 6.3% -52.1%
AU Capital Markets -2.2% -5.2% 1.2% 7.5% 71.6% 103.9%
AU Market 1.1% 1.6% 4.4% 2.6% 17.9% 7.7%
1 Year Return vs Industry and Market
  • PAC underperformed the Capital Markets industry which returned 7.5% over the past year.
  • PAC underperformed the Market in Australia which returned 2.6% over the past year.
Price Volatility
PAC
Industry
5yr Volatility vs Market

PAC Value

 Is Pacific Current Group 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
  • It is not possible to calculate the future cash flow value for Pacific Current Group. This is due to cash flow or dividend data being unavailable. The share price is A$4.71.
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 Pacific Current Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pacific Current Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.65
ASX:PAC Share Price ** ASX (2019-05-17) in AUD A$4.71
Australia Capital Markets Industry PE Ratio Median Figure of 19 Publicly-Listed Capital Markets Companies 16.34x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 15.99x

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

** Primary Listing of Pacific Current Group.

ASX:PAC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PAC Share Price ÷ EPS (both in AUD)

= 4.71 ÷ 0.65

7.27x

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

  • Pacific Current Group is good value based on earnings compared to the AU Capital Markets industry average.
  • Pacific Current Group is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Pacific Current Group's expected growth come at a high price?
Raw Data
ASX:PAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
4.6%per year
Australia Capital Markets Industry PEG Ratio Median Figure of 9 Publicly-Listed Capital Markets Companies 2.48x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

ASX:PAC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.27x ÷ 4.6%

1.59x

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

  • Pacific Current Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Pacific Current Group's assets?
Raw Data
ASX:PAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$8.26
ASX:PAC Share Price * ASX (2019-05-17) in AUD A$4.71
Australia Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.41x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.65x
ASX:PAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PAC Share Price ÷ Book Value per Share (both in AUD)

= 4.71 ÷ 8.26

0.57x

* Primary Listing of Pacific Current Group.

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

  • Pacific Current Group is good value based on assets compared to the AU Capital Markets industry average.
X
Value checks
We assess Pacific Current Group'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Pacific Current Group 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.

PAC Future Performance

 How is Pacific Current Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
4.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pacific Current Group expected to grow at an attractive rate?
  • Pacific Current Group's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Pacific Current Group's earnings growth is positive but not above the Australia market average.
  • Pacific Current Group's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:PAC Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:PAC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 4.6%
ASX:PAC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -21.7%
Australia Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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
ASX:PAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PAC Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 58 28 28 1
2020-06-30 48 24 25 2
2019-06-30 43 18 20 2
ASX:PAC Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 123 15 31
2018-09-30 136 18 61
2018-06-30 149 20 90
2018-03-31 145 12 80
2017-12-31 141 3 52
2017-09-30 93 2 0
2017-06-30 46 1 -52
2017-03-31 39 4 -11
2016-12-31 31 10 -34
2016-09-30 18 13 -41
2016-06-30 6 15 -48
2016-03-31 9 12 -30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pacific Current Group's earnings are expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
  • Pacific Current Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
ASX:PAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Pacific Current Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PAC Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.58 0.62 0.55 2.00
2020-06-30 0.53 0.56 0.50 2.00
2019-06-30 0.42 0.45 0.39 2.00
ASX:PAC Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.65
2018-09-30 1.27
2018-06-30 1.89
2018-03-31 1.80
2017-12-31 1.26
2017-09-30 0.00
2017-06-30 -1.65
2017-03-31 -0.37
2016-12-31 -1.22
2016-09-30 -1.47
2016-06-30 -1.72
2016-03-31 -1.07

*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.
  • Pacific Current Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Pacific Current Group'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 Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia 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.
Pacific Current Group has a total score of 1/6, 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.

PAC Past Performance

  How has Pacific Current Group 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 Pacific Current Group's growth in the last year to its industry (Capital Markets).
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.
  • Pacific Current Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Pacific Current Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Pacific Current Group's 1-year earnings growth is negative, it can't be compared to the AU Capital Markets industry average.
Earnings and Revenue History
Pacific Current Group'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 Pacific Current Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PAC Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 123.20 30.88 0.93
2018-09-30 136.29 60.56 1.05
2018-06-30 149.39 90.23 1.17
2018-03-31 145.14 79.73 1.50
2017-12-31 140.89 51.54 1.52
2017-09-30 93.25 -0.02 1.49
2017-06-30 45.61 -51.57 1.47
2017-03-31 39.09 -10.99 1.23
2016-12-31 31.17 -34.32 1.15
2016-09-30 18.39 -41.28 0.76
2016-06-30 5.60 -48.24 0.36
2016-03-31 8.84 -29.76 0.31
2015-12-31 12.07 -11.28 0.25
2015-09-30 108.79 62.21 0.34
2015-06-30 205.52 135.70 0.42
2015-03-31 202.35 143.72 0.47
2014-12-31 199.18 151.74 0.53
2014-09-30 101.17 82.40 0.52
2014-06-30 3.17 13.06 0.51
2014-03-31 2.24 7.84 0.47
2013-12-31 1.32 2.63 0.44
2013-09-30 2.61 6.51 0.55
2013-06-30 3.90 10.39 0.66
2013-03-31 4.10 9.48 0.89
2012-12-31 4.30 8.58 1.13
2012-09-30 4.09 7.66 1.06
2012-06-30 3.87 6.75 0.99

*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.
  • Pacific Current Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Pacific Current Group used its assets more efficiently than the AU Capital Markets industry average last year based on Return on Assets.
  • Pacific Current Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Pacific Current Group'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 Capital Markets 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.
Pacific Current Group has a total score of 2/6, 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.

PAC Health

 How is Pacific Current Group'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 Pacific Current Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pacific Current Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pacific Current Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pacific Current Group'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 21.2x 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 Pacific Current Group Company Filings, last reported 4 months ago.

ASX:PAC Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 394.04 7.20 127.94
2018-09-30 394.04 7.20 127.94
2018-06-30 323.30 22.69 130.10
2018-03-31 323.30 22.69 130.10
2017-12-31 330.51 12.44 111.29
2017-09-30 330.51 12.44 111.29
2017-06-30 207.26 26.24 40.25
2017-03-31 275.18 26.24 40.25
2016-12-31 197.06 0.00 1.03
2016-09-30 197.06 0.00 1.03
2016-06-30 187.43 0.00 3.00
2016-03-31 187.43 0.00 3.00
2015-12-31 225.72 0.00 2.31
2015-09-30 225.72 0.00 2.31
2015-06-30 236.81 0.00 1.06
2015-03-31 236.81 0.00 1.06
2014-12-31 223.20 0.00 30.67
2014-09-30 223.20 0.00 30.67
2014-06-30 63.77 0.00 12.86
2014-03-31 63.77 0.00 12.86
2013-12-31 63.81 0.00 13.97
2013-09-30 63.81 0.00 13.97
2013-06-30 61.08 0.00 12.12
2013-03-31 61.08 0.00 12.12
2012-12-31 60.20 0.00 10.81
2012-09-30 60.20 0.00 10.81
2012-06-30 57.92 0.00 8.19
  • Pacific Current Group's level of debt (1.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.8% today).
  • Debt is well covered by operating cash flow (207.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 91.1x coverage).
X
Financial health checks
We assess Pacific Current Group'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. Pacific Current Group has a total score of 5/6, 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.

PAC Dividends

 What is Pacific Current Group'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
4.25%
Current annual income from Pacific Current Group dividends. Estimated to be 6.78% next year.
If you bought A$2,000 of Pacific Current Group shares you are expected to receive A$85 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?
  • Pacific Current Group's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.65%).
  • Pacific Current Group's dividend is below the markets top 25% of dividend payers in Australia (5.83%).
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
ASX:PAC 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 3 Analyst Estimates (S&P Global) See Below
Australia Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

ASX:PAC Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.37 2.00
2020-06-30 0.30 3.00
2019-06-30 0.30 3.00
ASX:PAC Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.200 4.027
2018-08-31 0.220 3.736
2017-08-30 0.180 2.656
2017-02-27 0.000 0.000
2016-08-30 0.250 5.907
2015-08-26 0.520 9.179
2014-08-20 0.540 4.970
2014-08-04 0.500 4.582
2013-08-21 0.400 4.377
2013-02-21 0.370 5.442
2012-08-22 0.340 7.256
2011-08-24 0.400 10.256
2011-02-23 0.280 6.626
2010-08-25 0.280 5.758
2010-02-24 0.220 4.135
2009-08-26 0.200 3.652

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Pacific Current Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Pacific Current Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Pacific Current Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pacific Current Group has a total score of 3/6, see the detailed checks below.


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

PAC Management

 What is the CEO of Pacific Current Group'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
Paul Greenwood
COMPENSATION A$2,541,767
TENURE AS CEO 0.8 years
CEO Bio

Mr. Paul Richard Greenwood, CFA, BA has been Chief Executive Officer of Pacific Current Group Limited since July 1, 2018, serves as its Chief Investment Officer and Executive Director since December 10, 2014 and serves as a Managing Director. He is the Founder of Greenwood Investment Consulting and also a Co-Founder and Principal at Stellate Partners, LLC. Mr. Greenwood co-founded Northern Lights Capital Group LLC and leads its efforts in identifying and researching potential affiliates. He served as the President at North America at Pacific Current Group Limited from April 20, 2016 to July 1, 2018 and was its Managing Director. He serves as the Managing Director and Member of Investment Board of Northern Lights Capital Group LLC. Mr. Greenwood serves as tHead of Consulting Relations at ClariVest Asset Management LLC. He serves as a Director at Seizert Capital Partners, LLC. Mr. Greenwood serves as the Chairman of Advisory Board at Signia Capital Management LLC. He serves as a Director of Aperio Group, LLC since January, 2016. Prior to co-founding Northern Lights, Mr. Greenwood worked at Russell Investment Group as a Director of all portfolio managers and research analysts focused on US equity companies and was instrumental in developing the approach to manager research employed by the firm. He focused on manager evaluation for nearly 15 years. Mr. Greenwood holds the C.F.A. designation.

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

Average tenure of the Pacific Current Group management team in years:

1.2
Average Tenure
  • The average tenure for the Pacific Current Group management team is less than 2 years, this suggests a new team.
Management Team

Tony Robinson

TITLE
Chairman of the Board
COMPENSATION
A$500K
AGE
60

Paul Greenwood

TITLE
MD, CEO
COMPENSATION
A$3M
TENURE
0.8 yrs

Ashley Killick

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Dave Griswold

TITLE
Chief Compliance Officer & General Counsel

Jessica Rettig

TITLE
Director of Marketing
TENURE
1.3 yrs

Steve Bramley

TITLE
Managing Director of Business Development

Trent Erickson

TITLE
Chief Operating Officer of North America
TENURE
2 yrs

Justin Kroll

TITLE
Managing Director of Business Development
TENURE
1.2 yrs

Maria Batoon

TITLE
Financial Controller
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Pacific Current Group board of directors in years:

4.4
Average Tenure
60
Average Age
  • The tenure for the Pacific Current Group board of directors is about average.
Board of Directors

Tony Robinson

TITLE
Chairman of the Board
COMPENSATION
A$500K
AGE
60
TENURE
0.6 yrs

Paul Greenwood

TITLE
MD, CEO
COMPENSATION
A$3M
TENURE
4.4 yrs

Peter Kennedy

TITLE
Non Executive Director
COMPENSATION
A$115K
TENURE
15.9 yrs

Melda Donnelly

TITLE
Non-Executive Director
COMPENSATION
A$85K
AGE
68
TENURE
7.2 yrs

Gilles Guérin

TITLE
Non Executive Director
COMPENSATION
A$80K
TENURE
4.4 yrs

Jerry Chafkin

TITLE
Non-Executive Director
AGE
58
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
01. Nov 18 Sell Wilson Asset Management (International) Pty Limited Company 26. Oct 17 30. Oct 18 -1,368,333 A$6.47 A$-8,850,268
01. Nov 18 Buy Wilson Asset Management (International) Pty Limited Company 02. Nov 17 06. Jul 18 656,147 A$6.24 A$4,093,720
01. Nov 18 Sell MAM Pty Limited Company 26. Oct 17 30. Oct 18 -956,518 A$6.48 A$-6,192,085
01. Nov 18 Buy MAM Pty Limited Company 02. Nov 17 06. Jul 18 380,060 A$6.20 A$2,333,329
05. Oct 18 Sell OC Funds Management Limited Company 24. Nov 17 02. Jul 18 -260,000 A$7.05 A$-1,666,852
05. Oct 18 Buy OC Funds Management Limited Company 05. Dec 17 03. Oct 18 797,000 A$7.23 A$5,307,515
06. Aug 18 Sell Paradise Investment Management Pty Ltd Company 01. Aug 18 01. Aug 18 -9,847 A$7.09 A$-69,785
06. Aug 18 Buy Paradise Investment Management Pty Ltd Company 02. Aug 18 02. Aug 18 500,000 A$7.12 A$3,559,686
20. Jun 18 Sell Perennial Value Management Limited Company 04. Jun 18 15. Jun 18 -86,080 A$6.15 A$-528,072
20. Jun 18 Buy Perennial Value Management Limited Company 12. Apr 18 21. May 18 291,544 A$6.15 A$1,726,400
X
Management checks
We assess Pacific Current Group'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. Pacific Current Group 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.

PAC News

Simply Wall St News

Do Directors Own Pacific Current Group Limited (ASX:PAC) Shares?

A look at the shareholders of Pacific Current Group Limited (ASX:PAC) can tell us which group is most powerful. … Pacific Current Group is a smaller company with a market capitalization of AU$245m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Pacific Current Group

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How Pacific Current Group Limited (ASX:PAC) Can Impact Your Portfolio Volatility

If you're interested in Pacific Current Group Limited (ASX:PAC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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What Is Pacific Current Group Limited's (ASX:PAC) Share Price Doing?

Pacific Current Group Limited (ASX:PAC), which is in the capital markets business, and is based in Australia,. … A question to answer is whether Pacific Current Group's current trading price of A$6.17 reflective of the actual value of the? … Let’s take a look at Pacific Current Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

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Is Pacific Current Group Limited (ASX:PAC) A Smart Pick For Income Investors?

Historically, Pacific Current Group Limited (ASX:PAC) has been paying a dividend to shareholders. … Let's take a look at Pacific Current Group in more detail. … See our latest analysis for Pacific Current Group

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Can Pacific Current Group Limited (ASX:PAC) Improve Your Portfolio Returns?

If you are looking to invest in Pacific Current Group Limited’s (ASX:PAC), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

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Who Owns Most Of Pacific Current Group Limited (ASX:PAC)?

In this article, I will take a quick look at Pacific Current Group Limited’s (ASX:PAC) recent ownership structure – an unconventional investing subject, but an important one. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine PAC's ownership structure in more detail.

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Should You Buy Pacific Current Group Limited (ASX:PAC) At AU$06.72?

Pacific Current Group Limited (ASX:PAC), a capital markets company based in Australia,. … Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … Let’s take a look at Pacific Current Group’s outlook and value based on the most recent financial data to see if the opportunity still exists

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Should You Buy Pacific Current Group Limited (ASX:PAC) At This PE Ratio?

and want to begin learning the link between Pacific Current Group Limited (ASX:PAC)’s fundamentals and stock market performance. … Pacific Current Group Limited (ASX:PAC) is trading with a trailing P/E of 2.6x, which is lower than the industry average of 17.6x. … See our latest analysis for Pacific Current Group

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Is Pacific Current Group Limited (ASX:PAC) An Attractive Dividend Stock?

View our latest analysis for Pacific Current Group Here's how I find good dividend stocks When researching a dividend stock, I always follow the following screening criteria: Is their annual yield among the top 25% of dividend payers? … ASX:PAC Historical Dividend Yield May 8th 18 How well does Pacific Current Group fit our criteria? … Dividend payments from Pacific Current Group have been volatile in the past 10 years, with some years experiencing significant drops of over 25%.

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Is It Time To Buy Pacific Current Group Limited (ASX:PAC) Based Off Its PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PAC Price per share = A$6.3 Earnings per share = A$2.345 ∴ Price-Earnings Ratio = A$6.3 ÷ A$2.345 = 2.7x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … PAC’s P/E of 2.7x is lower than its industry peers (18.9x), which implies that each dollar of PAC’s earnings is being undervalued by investors.

Simply Wall St -

PAC Company Info

Description

Pacific Current Group Limited engages in multi-boutique asset management business worldwide. It manages assets for institutional and individual clients. The company was formerly known as Treasury Group Ltd and changed its name to Pacific Current Group Limited in October 2015. Pacific Current Group Limited is based in Sydney, Australia.

Details
Name: Pacific Current Group Limited
PAC
Exchange: ASX
Founded:
A$224,395,548
47,642,367
Website: http://www.paccurrent.com
Address: Pacific Current Group Limited
Level 29,
259 George Street,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PAC Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK TSRU.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
CHIA PAC Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
19
Pacific Current Group employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 10:32
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/03/08
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.