CHIA:PFG

Stock Analysis Report

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Executive Summary

Prime Financial Group Limited provides integrated accounting and business advisory, wealth management, and capital advisory services in Australia. More Details


Snowflake Analysis

Good value with proven track record.

Share Price & News

How has Prime Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PFG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PFG

-4.7%

AU Capital Markets

-3.9%

AU Market


1 Year Return

-1.3%

PFG

-4.9%

AU Capital Markets

-9.6%

AU Market

Return vs Industry: PFG exceeded the Australian Capital Markets industry which returned -4.9% over the past year.

Return vs Market: PFG exceeded the Australian Market which returned -9.6% over the past year.


Shareholder returns

PFGIndustryMarket
7 Day0%-4.7%-3.9%
30 Day0%3.3%1.8%
90 Day14.7%0.8%1.7%
1 Year5.6%-1.3%-1.4%-4.9%-6.4%-9.6%
3 Year-50.2%-58.9%26.7%10.9%12.3%-1.9%
5 Yearn/a59.8%26.7%40.0%11.3%

Price Volatility Vs. Market

How volatile is Prime Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

4.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PFG (A$0.08) is trading below our estimate of fair value (A$0.08)

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 (7.1x) compared to the AU Capital Markets industry average (23x).

PE vs Market: PFG is good value based on its PE Ratio (7.1x) compared to the Australian market (20.5x).


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 (0.4x) compared to the AU Capital Markets industry average (1.2x).


Next Steps

Future Growth

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

9.3%

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.


Next Steps

Past Performance

How has Prime Financial Group performed over the past 5 years?

66.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PFG has high quality earnings.

Growing Profit Margin: PFG's current net profit margins (9.9%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: PFG has become profitable over the past 5 years, growing earnings by 66.9% per year.

Accelerating Growth: PFG's earnings growth over the past year (62.2%) is below its 5-year average (66.9% per year).

Earnings vs Industry: PFG earnings growth over the past year (62.2%) exceeded the Capital Markets industry -7.9%.


Return on Equity

High ROE: PFG's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Prime Financial Group's financial position?


Financial Position Analysis

Short Term Liabilities: PFG's short term assets (A$7.5M) exceed its short term liabilities (A$4.2M).

Long Term Liabilities: PFG's short term assets (A$7.5M) do not cover its long term liabilities (A$13.5M).


Debt to Equity History and Analysis

Debt Level: PFG's debt to equity ratio (24%) is considered satisfactory.

Reducing Debt: PFG's debt to equity ratio has increased from 19.3% to 24% over the past 5 years.

Debt Coverage: PFG's debt is well covered by operating cash flow (37.8%).

Interest Coverage: PFG's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Prime Financial Group current dividend yield, its reliability and sustainability?

5.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PFG's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: PFG's dividend (5.81%) is in the top 25% of dividend payers in the Australian market (5.53%)


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 (37%), 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?

2.3yrs

Average management tenure


CEO

Simon Madder

13.75yrs

Tenure

AU$508,629

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 ($USD357.96K) is above average for companies of similar size in the Australian market ($USD274.23K).

Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Simon Madder
Chairman13.75yrsAU$508.63k16.33%
A$ 2.5m
Peter Madder
Co-Founder & Special Adviserno dataAU$156.25k4.39%
A$ 672.3k
Rory McLaughlin
Group Financial Controller1.83yrsno datano data
Ben Priestley
Group Head of Finance & Co-CFO1.83yrsno datano data
Matthew Murphy
MD of Business Advisory & Accounting and Executive Director0.25yrno data7.65%
A$ 1.2m
Mark Johnson
Partner - Wealthno dataAU$223.56kno data
Timothy Bennett
MD of Capital & Executive Director0.25yrno datano data
Brendan Brown
Partner - Accounting & Business Advisoryno datano datano data
John Driscoll
Partner - Accounting & Business Advisoryno datano datano data
Matthew Smith
Partner - Accounting & Business Advisoryno datano datano data
Simone Quin
Partner - Accounting & Business Advisoryno datano datano data
Olivia Long
Managing Director of SMSF2.25yrsno datano data

2.3yrs

Average Tenure

Experienced Management: PFG's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Madder
Chairman13.75yrsAU$508.63k16.33%
A$ 2.5m
Matthew Murphy
MD of Business Advisory & Accounting and Executive Director0.25yrno data7.65%
A$ 1.2m
Timothy Bennett
MD of Capital & Executive Director0.25yrno datano data

0.3yrs

Average Tenure

Experienced Board: PFG's board of directors are not considered experienced ( 0.3 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 5.9%.


Top Shareholders

Company Information

Prime Financial Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prime Financial Group Limited
  • Ticker: PFG
  • Exchange: CHIA
  • Founded: 1965
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$15.330m
  • Shares outstanding: 178.26m
  • Website: https://www.primefinancial.com.au

Location

  • Prime Financial Group Limited
  • HWT Tower
  • Level 17
  • Southbank
  • Victoria
  • 3006
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PFGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2004
PFGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2004

Biography

Prime Financial Group Limited provides integrated accounting and business advisory, wealth management, and capital advisory services in Australia. The company offers accounting and business advisory servic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 10:40
End of Day Share Price2020/08/21 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.