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PCG

Pengana Capital GroupASX:PCG Stock Report

Market Cap

AU$176.9m

7D

-8.0%

1Y

38.0%

Updated

18 Oct, 2021

Data

Company Financials
PCG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

PCG Overview

Pengana Holdings Pty Ltd. is a publicly owned investment manager.

Pengana Capital Group Competitors

Magellan Financial Group

ASX:MFG

AU$6.3b

AMP

ASX:AMP

AU$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for Pengana Capital Group
Historical stock prices
Current Share PriceAU$2.07
52 Week HighAU$1.46
52 Week LowAU$2.50
Beta0.95
1 Month Change-10.39%
3 Month Change23.21%
1 Year Change38.00%
3 Year Change-34.29%
5 Year Changen/a
Change since IPO-29.83%

Recent News & Updates

Sep 16
Optimistic Investors Push Pengana Capital Group Limited (ASX:PCG) Shares Up 27% But Growth Is Lacking

Optimistic Investors Push Pengana Capital Group Limited (ASX:PCG) Shares Up 27% But Growth Is Lacking

Despite an already strong run, Pengana Capital Group Limited ( ASX:PCG ) shares have been powering on, with a gain of...

Sep 02
Pengana Capital Group (ASX:PCG) Has Announced That It Will Be Increasing Its Dividend To AU$0.08

Pengana Capital Group (ASX:PCG) Has Announced That It Will Be Increasing Its Dividend To AU$0.08

The board of Pengana Capital Group Limited ( ASX:PCG ) has announced that it will be increasing its dividend on the...

May 07
Are Dividend Investors Getting More Than They Bargained For With Pengana Capital Group Limited's (ASX:PCG) Dividend?

Are Dividend Investors Getting More Than They Bargained For With Pengana Capital Group Limited's (ASX:PCG) Dividend?

Today we'll take a closer look at Pengana Capital Group Limited ( ASX:PCG ) from a dividend investor's perspective...

Shareholder Returns

PCGAU Capital MarketsAU Market
7D-8.0%1.9%0.9%
1Y38.0%21.7%20.2%

Return vs Industry: PCG exceeded the Australian Capital Markets industry which returned 21.7% over the past year.

Return vs Market: PCG exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PCG's price volatile compared to industry and market?
PCG volatility
PCG Beta0.95
Industry Beta0.98
Market Beta1

Stable Share Price: PCG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PCG's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRussel Pillemerhttps://www.pengana.com

Pengana Holdings Pty Ltd. is a publicly owned investment manager. The firm invests in the public equity and fixed income markets across the globe. The firm uses investment products that employ active strategies with non-benchmark mandates.

Pengana Capital Group Fundamentals Summary

How do Pengana Capital Group's earnings and revenue compare to its market cap?
PCG fundamental statistics
Market CapAU$176.88m
Earnings (TTM)AU$8.72m
Revenue (TTM)AU$72.92m

20.1x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PCG income statement (TTM)
RevenueAU$72.92m
Cost of RevenueAU$46.85m
Gross ProfitAU$26.06m
ExpensesAU$17.34m
EarningsAU$8.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin35.74%
Net Profit Margin11.96%
Debt/Equity Ratio2.8%

How did PCG perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

125%

Payout Ratio

Valuation

Is Pengana Capital Group undervalued compared to its fair value and its price relative to the market?

20.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PCG (A$2.07) is trading above our estimate of fair value (A$0.94)

Significantly Below Fair Value: PCG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PCG is poor value based on its PE Ratio (20.1x) compared to the Australian Capital Markets industry average (16.3x).

PE vs Market: PCG is poor value based on its PE Ratio (20.1x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PCG is overvalued based on its PB Ratio (2.2x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Pengana Capital Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.1%

Forecasted Diversified Financials industry annual growth in earnings


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 Pengana Capital Group 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 SimplyWall St do have past financial data.


Past Performance

How has Pengana Capital Group performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCG has high quality earnings.

Growing Profit Margin: PCG's current net profit margins (12%) are lower than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: PCG's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: PCG's earnings growth over the past year (42.5%) exceeds its 5-year average (15.5% per year).

Earnings vs Industry: PCG earnings growth over the past year (42.5%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: PCG's Return on Equity (10%) is considered low.


Financial Health

How is Pengana Capital Group's financial position?


Financial Position Analysis

Short Term Liabilities: PCG's short term assets (A$44.8M) exceed its short term liabilities (A$31.0M).

Long Term Liabilities: PCG's short term assets (A$44.8M) exceed its long term liabilities (A$5.5M).


Debt to Equity History and Analysis

Debt Level: PCG's debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if PCG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PCG's debt is well covered by operating cash flow (415.3%).

Interest Coverage: PCG's interest payments on its debt are well covered by EBIT (89.4x coverage).


Balance Sheet


Dividend

What is Pengana Capital Group current dividend yield, its reliability and sustainability?

6.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PCG's dividend (6.28%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: PCG's dividend (6.28%) is in the top 25% of dividend payers in the Australian market (5.32%)


Stability and Growth of Payments

Stable Dividend: PCG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PCG's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (124.8%), PCG's dividend payments are not well covered by earnings.


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Russel Pillemer

18.33yrs

Tenure

AU$636,293

Compensation

Mr. Russel Craig Pillemer, CA, B. COM(HONS), serves as Non-Independent & Non-Executive Director at Prudential Investment Company of Australia since June 05, 2017. He also serves as Managing Director at Liz...


CEO Compensation Analysis

Compensation vs Market: Russel's total compensation ($USD472.27K) is above average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Russel's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PCG's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: PCG's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.7%.


Top Shareholders

Company Information

Pengana Capital Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pengana Capital Group Limited
  • Ticker: PCG
  • Exchange: ASX
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$176.881m
  • Shares outstanding: 84.63m
  • Website: https://www.pengana.com

Location

  • Pengana Capital Group Limited
  • Levels 1, 2 & 3
  • 60 Martin Place
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.