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PFG

Prime Financial GroupASX:PFG Stock Report

Last Price

AU$0.18

Market Cap

AU$34.2m

7D

0%

1Y

89.5%

Updated

26 Jan, 2022

Data

Company Financials
PFG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends2/6

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

Summary of all time highs, changes and price drops for Prime Financial Group
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.20
52 Week LowAU$0.088
Beta0.76
1 Month Change5.88%
3 Month Change12.50%
1 Year Change89.47%
3 Year Change100.00%
5 Year Change38.46%
Change since IPO-43.75%

Recent News & Updates

Oct 19
Is Now The Time To Put Prime Financial Group (ASX:PFG) On Your Watchlist?

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...

May 25
Should You Be Adding Prime Financial Group (ASX:PFG) To Your Watchlist Today?

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...

Feb 22
Here's Why I Think Prime Financial Group (ASX:PFG) Is An Interesting Stock

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

PFGAU Capital MarketsAU Market
7D0%-7.3%-5.4%
1Y89.5%12.6%2.6%

Return vs Industry: PFG exceeded the Australian Capital Markets industry which returned 12.6% over the past year.

Return vs Market: PFG exceeded the Australian Market which returned 2.6% over the past year.

Price Volatility

Is PFG's price volatile compared to industry and market?
PFG volatility
PFG Average Weekly Movement7.2%
Capital Markets Industry Average Movement4.8%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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

FoundedEmployeesCEOWebsite
1965n/aSimon Madderhttps://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

How do Prime Financial Group's earnings and revenue compare to its market cap?
PFG fundamental statistics
Market CapAU$34.20m
Earnings (TTM)AU$3.07m
Revenue (TTM)AU$22.32m

11.1x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PFG income statement (TTM)
RevenueAU$22.32m
Cost of RevenueAU$11.69m
Gross ProfitAU$10.63m
ExpensesAU$7.55m
EarningsAU$3.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin47.61%
Net Profit Margin13.77%
Debt/Equity Ratio16.4%

How did PFG perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is Prime Financial Group undervalued compared to its fair value and its price relative to the market?

1.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PFG (A$0.18) is trading below our estimate of fair value (A$0.18)

Significantly Below Fair Value: PFG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PFG is good value based on its PE Ratio (11.1x) compared to the Australian Capital Markets industry average (15x).

PE vs Market: PFG is good value based on its PE Ratio (11.1x) compared to the Australian market (18.2x).


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?

8.1%

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 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 42.5%.


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?

4.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PFG's dividend (4.44%) is higher than the bottom 25% of dividend payers in the Australian market (2.36%).

High Dividend: PFG's dividend (4.44%) is low compared to the top 25% of dividend payers in the Australian market (5.62%).


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 ($USD737.66K) is above average for companies of similar size in the Australian market ($USD289.87K).

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$34.200m
  • Shares outstanding: 190.00m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 07:02
End of Day Share Price2022/01/25 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.