PAC Stock Overview

Engages in multi-boutique asset management business worldwide. More details

PAC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (1.7x) is below the Australian market (17.8x)

Earnings grew by 3270.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Earnings are forecast to decline by an average of 67.1% per year for the next 3 years

Unstable dividend track record

Significant insider selling over the past 3 months

Community vs My Fair Value

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Pacific Current Group Limited Competitors

Hearts and Minds Investments

ASX:HM1

AU$670.9m

Plato Income Maximiser

ASX:PL8

AU$962.0m

Sandon Capital Investments

ASX:SNC

AU$118.7m

Fiducian Group

ASX:FID

AU$313.5m

Price History & Performance

Summary of share price highs, lows and changes for Pacific Current Group
Historical stock prices
Current Share Price	AU$11.22
52 Week High	AU$12.14
52 Week Low	AU$9.94
Beta	0.45
1 Month Change	-0.44%
3 Month Change	-4.75%
1 Year Change	7.27%
3 Year Change	54.76%
5 Year Change	133.75%
Change since IPO	42.48%

Recent updates

Shareholder Returns

	PAC	AU Capital Markets	AU Market
7D	0.6%	2.4%	0.05%
1Y	7.3%	8.3%	4.3%

Return vs Industry: PAC matched the Australian Capital Markets industry which returned 6.4% over the past year.

Return vs Market: PAC exceeded the Australian Market which returned 4.1% over the past year.

Price Volatility

Is PAC's price volatile compared to industry and market?
PAC volatility
PAC Average Weekly Movement	3.6%
Capital Markets Industry Average Movement	5.1%
Market Average Movement	9.3%
10% most volatile stocks in AU Market	16.7%
10% least volatile stocks in AU Market	4.2%

Stable Share Price: PAC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: PAC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	7	Michael Clarke	www.paccurrent.com

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 Fundamentals Summary

How do Pacific Current Group's earnings and revenue compare to its market cap?
PAC fundamental statistics
Market cap	AU$339.23m
Earnings (TTM)	AU$198.78m
Revenue (TTM)	AU$298.45m

1.7x

P/E Ratio

1.1x

P/S Ratio

Is PAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAC income statement (TTM)
Revenue	AU$298.45m
Cost of Revenue	AU$16.13m
Gross Profit	AU$282.32m
Other Expenses	AU$83.54m
Earnings	AU$198.78m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 22, 2025

Earnings per share (EPS)	6.59
Gross Margin	94.60%
Net Profit Margin	66.61%
Debt/Equity Ratio	8.9%

How did PAC perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

10%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/10 19:36
End of Day Share Price	2025/05/09 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Pacific Current Group Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
April Lowis	Barrenjoey Markets Pty Limited
Nicholas McGarrigle	Barrenjoey Markets Pty Limited
Arjan Van Veen	Credit Suisse

PAC Stock Overview

Rewards

Risk Analysis

Pacific Current Group Limited Competitors

ASX:HM1

AU$670.9m

ASX:PL8

AU$962.0m

ASX:SNC

AU$118.7m

ASX:FID

AU$313.5m

Price History & Performance

Recent News & Updates

Pacific Current Group Limited, Annual General Meeting, Nov 14, 2025

Less than half of directors are independent

Less than half of directors are independent

Abacus Life, Inc. (NasdaqCM:ABL) completed the acquisition of Carlisle Management Company from Pacific Current Group Limited (ASX:PAC), Jose Esteban Casares and others.

Final dividend of AU$0.23 announced

Full year 2024 earnings released: EPS: AU$2.13 (vs AU$0.31 loss in FY 2023)

Recent updates

Pacific Current Group Limited, Annual General Meeting, Nov 14, 2025

Less than half of directors are independent

Less than half of directors are independent

Abacus Life, Inc. (NasdaqCM:ABL) completed the acquisition of Carlisle Management Company from Pacific Current Group Limited (ASX:PAC), Jose Esteban Casares and others.

Final dividend of AU$0.23 announced

Full year 2024 earnings released: EPS: AU$2.13 (vs AU$0.31 loss in FY 2023)

Janus Henderson Group plc (NYSE:JHG) entered into a definitive agreement to acquire 55% stake in Victory Park Capital Advisors, LLC (VPC).

Abacus Life, Inc. (NasdaqCM:ABL) agreed to acquire Carlisle Management Company for $200 million.

New major risk - Revenue and earnings growth

GQG Partners Inc. (ASX:GQG) completed the acquisition of an unknown minority stake in Proterra Investment Partners and Cordillera Investment Partners and Avante Capital from Pacific Current Group Limited (ASX:PAC).

Upcoming dividend of AU$0.15 per share

First half 2024 earnings released: EPS: AU$0.23 (vs AU$0.20 loss in 1H 2023)

First half dividend of AU$0.15 announced

Less than half of directors are independent

Pacific Current Group Limited Appoints Michael Clarke as Non-Executive Director, Effective 14 February 2024

Pacific Current Group Limited, Annual General Meeting, Nov 15, 2024

Pacific Current Group Limited Announces the Retirement of Jeremiah (Jerry) Chafkin as Non-Executive Director, Effective 17 November 2023

GQG Partners Inc. (ASX:GQG) cancelled the acquisition of Pacific Current Group Limited (ASX:PAC) from River Capital Pty Ltd. and others

GQG Partners Inc. (ASX:GQG) agreed to acquire Pacific Current Group Limited (ASX:PAC) from River Capital Pty Ltd. and others for AUD570 million.

Pacific Current Group Limited (ASX:PAC) entered into an agreement to acquire 24.9% stake in Avante Capital Partners for $40 million.

Upcoming dividend of AU$0.23 per share at 3.4% yield

Full year 2023 earnings released: AU$0.31 loss per share (vs AU$0.69 loss in FY 2022)

Pacific Current Group Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payment Date of October 12, 2023

Regal Funds Management Pty Limited (ASX:RPL) entered into a confidential and non-binding indicative proposal to acquire Pacific Current Group Limited (ASX:PAC) for AUD 577 million.

Upcoming dividend of AU$0.15 per share at 5.5% yield

First half 2023 earnings released: AU$0.20 loss per share (vs AU$0.33 loss in 1H 2022)

Pacific Current Group Limited, Annual General Meeting, Nov 16, 2023

No independent directors

Upcoming dividend of AU$0.23 per share

Full year 2022 earnings released: AU$0.69 loss per share (vs AU$0.34 profit in FY 2021)

No independent directors

Non Executive Chairman of the Board recently bought AU$114k worth of stock

First half 2022 earnings: EPS in line with expectations, revenues disappoint

No independent directors

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS AU$0.34 (vs AU$0.36 loss in FY 2020)

First half 2021 earnings released: EPS AU$0.23 (vs AU$0.19 loss in 1H 2020)

New 90-day high: AU$6.38

New 90-day high: AU$6.35

Non Executive Chairman of the Board recently bought AU$58k worth of stock

Shareholder Returns

Price Volatility

About the Company

Pacific Current Group Limited Fundamentals Summary

1.7x

1.1x

Earnings & Revenue

Dividends

3.4%

10%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources