Pioneer Credit Limited, together with its subsidiaries, provides financial services in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.49|
|52 Week High||AU$0.41|
|52 Week Low||AU$0.90|
|1 Month Change||4.26%|
|3 Month Change||12.64%|
|1 Year Change||-27.94%|
|3 Year Change||-84.09%|
|5 Year Change||-72.32%|
|Change since IPO||-69.38%|
Recent News & Updates
|PNC||AU Diversified Financial||AU Market|
Return vs Industry: PNC underperformed the Australian Diversified Financial industry which returned 16.7% over the past year.
Return vs Market: PNC underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: PNC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PNC's weekly volatility (10%) has been stable over the past year.
About the Company
Pioneer Credit Limited, together with its subsidiaries, provides financial services in Australia. It acquires and services unsecured retail debt portfolios. Pioneer Credit Limited was incorporated in 2002 and is headquartered in Perth, Australia.
Pioneer Credit Fundamentals Summary
|PNC fundamental statistics|
Is PNC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PNC income statement (TTM)|
|Cost of Revenue||AU$6.01m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.28|
|Net Profit Margin||-70.53%|
How did PNC perform over the long term?See historical performance and comparison
Is Pioneer Credit undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PNC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PNC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PNC is unprofitable, so we can't compare its PE Ratio to the Australian Diversified Financial industry average.
PE vs Market: PNC is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PNC is good value based on its PB Ratio (0.6x) compared to the AU Diversified Financial industry average (1.2x).
How is Pioneer Credit forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Pioneer Credit 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.
How has Pioneer Credit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNC is currently unprofitable.
Growing Profit Margin: PNC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PNC is unprofitable, and losses have increased over the past 5 years at a rate of 62.6% per year.
Accelerating Growth: Unable to compare PNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PNC is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-19%).
Return on Equity
High ROE: PNC has a negative Return on Equity (-35.95%), as it is currently unprofitable.
How is Pioneer Credit's financial position?
Financial Position Analysis
Short Term Liabilities: PNC's short term assets (A$12.1M) exceed its short term liabilities (A$10.5M).
Long Term Liabilities: PNC's short term assets (A$12.1M) do not cover its long term liabilities (A$205.2M).
Debt to Equity History and Analysis
Debt Level: PNC's debt to equity ratio (367.8%) is considered high.
Reducing Debt: PNC's debt to equity ratio has increased from 80.9% to 367.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PNC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PNC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7% per year.
What is Pioneer Credit current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PNC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PNC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PNC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PNC is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PNC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Keith Roy John is the Founder of Pioneer Credit Limited and serves as its Managing Director. Mr. John has many years experience in the receivables management industry. He has a long and distinguished c...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD3.12M) is above average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
Experienced Management: PNC's management team is considered experienced (3.7 years average tenure).
Experienced Board: PNC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.
Pioneer Credit Limited's employee growth, exchange listings and data sources
- Name: Pioneer Credit Limited
- Ticker: PNC
- Exchange: ASX
- Founded: 2002
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: AU$34.986m
- Shares outstanding: 71.40m
- Website: https://www.pioneercredit.com.au
Number of Employees
- Pioneer Credit Limited
- 108 St Georges Terrace
- Level 6
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:56|
|End of Day Share Price||2021/10/25 00:00|
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.