| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
PFG Stock Overview
Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.19 |
| 52 Week High | AU$0.20 |
| 52 Week Low | AU$0.088 |
| Beta | 0.76 |
| 1 Month Change | 11.77% |
| 3 Month Change | 15.15% |
| 1 Year Change | 95.88% |
| 3 Year Change | 123.53% |
| 5 Year Change | 46.15% |
| Change since IPO | -40.63% |
Recent News & Updates
Is Now The Time To Put Prime Financial Group (ASX:PFG) On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Should You Be Adding Prime Financial Group (ASX:PFG) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Here's Why I Think Prime Financial Group (ASX:PFG) Is An Interesting Stock
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Shareholder Returns
| PFG | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | 2.7% | -5.4% | -2.8% |
| 1Y | 95.9% | 16.1% | 5.8% |
Return vs Industry: PFG exceeded the Australian Capital Markets industry which returned 16.1% over the past year.
Return vs Market: PFG exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| PFG volatility | |
|---|---|
| PFG Average Weekly Movement | 7.1% |
| Capital Markets Industry Average Movement | 4.5% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: PFG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PFG's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | n/a | Simon Madder | https://www.primefinancial.com.au |
Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, monitoring, outsourced CFO and accounting, grants and tax incentives, and innovation and commercialization advices; and capital and corporate advisory services comprising merger and acquisition transactions, capital raising, and other capital and corporate development services. It also provides wealth management services, including financial and retirement planning, superannuation advice, investment advice, life insurance, SMSF, and administration and compliance services; and wealth management and protection plus SMSF services.
Prime Financial Group Fundamentals Summary
| PFG fundamental statistics | |
|---|---|
| Market Cap | AU$36.11m |
| Earnings (TTM) | AU$3.07m |
| Revenue (TTM) | AU$22.32m |
11.8x
P/E Ratio1.6x
P/S RatioIs PFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFG income statement (TTM) | |
|---|---|
| Revenue | AU$22.32m |
| Cost of Revenue | AU$11.69m |
| Gross Profit | AU$10.63m |
| Expenses | AU$7.55m |
| Earnings | AU$3.07m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.016 |
| Gross Margin | 47.61% |
| Net Profit Margin | 13.77% |
| Debt/Equity Ratio | 16.4% |
How did PFG perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield41%
Payout RatioValuation
Is Prime Financial Group undervalued compared to its fair value and its price relative to the market?
11.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PFG (A$0.19) is trading above our estimate of fair value (A$0.18)
Significantly Below Fair Value: PFG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PFG is good value based on its PE Ratio (11.8x) compared to the Australian Capital Markets industry average (16.1x).
PE vs Market: PFG is good value based on its PE Ratio (11.8x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PFG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PFG is good value based on its PB Ratio (0.8x) compared to the AU Capital Markets industry average (1.3x).
Future Growth
How is Prime Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.3%
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 Prime Financial 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 Prime Financial Group performed over the past 5 years?
-3.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFG has high quality earnings.
Growing Profit Margin: PFG's current net profit margins (13.8%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: PFG has become profitable over the past 5 years, growing earnings by -3.3% per year.
Accelerating Growth: PFG's earnings growth over the past year (44.2%) exceeds its 5-year average (-3.3% per year).
Earnings vs Industry: PFG earnings growth over the past year (44.2%) exceeded the Capital Markets industry 37.7%.
Return on Equity
High ROE: PFG's Return on Equity (8.5%) is considered low.
Financial Health
How is Prime Financial Group's financial position?
Financial Position Analysis
Short Term Liabilities: PFG's short term assets (A$7.7M) exceed its short term liabilities (A$5.7M).
Long Term Liabilities: PFG's short term assets (A$7.7M) do not cover its long term liabilities (A$8.9M).
Debt to Equity History and Analysis
Debt Level: PFG's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: PFG's debt to equity ratio has increased from 8.1% to 16.4% over the past 5 years.
Debt Coverage: PFG's debt is well covered by operating cash flow (77.3%).
Interest Coverage: PFG's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
Dividend
What is Prime Financial Group current dividend yield, its reliability and sustainability?
4.21%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFG's dividend (4.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: PFG's dividend (4.21%) is low compared to the top 25% of dividend payers in the Australian market (5.56%).
Stability and Growth of Payments
Stable Dividend: PFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: PFG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.3%), PFG's dividend payments are 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?
3.3yrs
Average management tenure
CEO
Simon Madder
15yrs
Tenure
AU$1,032,873
Compensation
Mr. Simon Madder, B.Comm, has been the Chief Executive Officer and Managing Director of Prime Financial Group Limited since January 2, 2007 (Alternatively, AVFM Ltd.). Mr. Madder has been Chairman of Prim...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD744.20K) is above average for companies of similar size in the Australian market ($USD291.61K).
Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: PFG's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: PFG's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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 6.6%.
Top Shareholders
Company Information
Prime Financial Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Prime Financial Group Limited
- Ticker: PFG
- Exchange: ASX
- Founded: 1965
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: AU$36.113m
- Shares outstanding: 190.07m
- Website: https://www.primefinancial.com.au
Location
- Prime Financial Group Limited
- HWT Tower
- Level 17
- Southbank
- Victoria
- 3006
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 07:03 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.