| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
PSI Stock Overview
PSC Insurance Group Limited provides diversified insurance services in Australia, the United Kingdom, and New Zealand.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$4.80 |
| 52 Week High | AU$5.00 |
| 52 Week Low | AU$2.68 |
| Beta | 0.76 |
| 1 Month Change | -4.00% |
| 3 Month Change | 14.01% |
| 1 Year Change | 61.07% |
| 3 Year Change | 87.50% |
| 5 Year Change | 137.62% |
| Change since IPO | 380.00% |
Recent News & Updates
PSC Insurance Group's (ASX:PSI) Dividend Will Be Increased To AU$0.065
PSC Insurance Group Limited ( ASX:PSI ) has announced that it will be increasing its dividend on the 13th of October to...
Shareholder Returns
| PSI | AU Insurance | AU Market | |
|---|---|---|---|
| 7D | 0% | -1.6% | -0.5% |
| 1Y | 61.1% | 17.6% | 10.4% |
Return vs Industry: PSI exceeded the Australian Insurance industry which returned 17.6% over the past year.
Return vs Market: PSI exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| PSI volatility | |
|---|---|
| PSI Average Weekly Movement | 6.1% |
| Insurance Industry Average Movement | 3.3% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: PSI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PSI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | n/a | https://www.pscinsurancegroup.com.au |
PSC Insurance Group Limited provides diversified insurance services in Australia, the United Kingdom, and New Zealand. The company operates through four segments: Distribution, Specialty, United Kingdom, and Group. The company provides commercial and life insurance broking, as well as workers compensation consulting services.
PSC Insurance Group Fundamentals Summary
| PSI fundamental statistics | |
|---|---|
| Market Cap | AU$1.57b |
| Earnings (TTM) | AU$40.45m |
| Revenue (TTM) | AU$204.44m |
38.9x
P/E Ratio7.7x
P/S RatioIs PSI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSI income statement (TTM) | |
|---|---|
| Revenue | AU$204.44m |
| Cost of Revenue | AU$105.28m |
| Gross Profit | AU$99.16m |
| Expenses | AU$58.71m |
| Earnings | AU$40.45m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 48.50% |
| Net Profit Margin | 19.78% |
| Debt/Equity Ratio | 51.0% |
How did PSI perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield79%
Payout RatioValuation
Is PSC Insurance Group undervalued compared to its fair value and its price relative to the market?
38.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PSI (A$4.8) is trading above our estimate of fair value (A$1.82)
Significantly Below Fair Value: PSI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PSI is poor value based on its PE Ratio (38.9x) compared to the Australian Insurance industry average (30.7x).
PE vs Market: PSI is poor value based on its PE Ratio (38.9x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: PSI is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: PSI is overvalued based on its PB Ratio (4.6x) compared to the AU Insurance industry average (4.1x).
Future Growth
How is PSC Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
8.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSI's forecast earnings growth (8.7% per year) is above the savings rate (1.9%).
Earnings vs Market: PSI's earnings (8.7% per year) are forecast to grow slower than the Australian market (11.3% per year).
High Growth Earnings: PSI's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSI's revenue (11.3% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: PSI's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSI's Return on Equity is forecast to be low in 3 years time (16%).
Past Performance
How has PSC Insurance Group performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSI has a large one-off gain of A$13.7M impacting its June 30 2021 financial results.
Growing Profit Margin: PSI's current net profit margins (19.8%) are higher than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: PSI's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: PSI's earnings growth over the past year (126.1%) exceeds its 5-year average (11% per year).
Earnings vs Industry: PSI earnings growth over the past year (126.1%) exceeded the Insurance industry 57.5%.
Return on Equity
High ROE: PSI's Return on Equity (11.8%) is considered low.
Financial Health
How is PSC Insurance Group's financial position?
Financial Position Analysis
Short Term Liabilities: PSI's short term assets (A$368.0M) exceed its short term liabilities (A$302.1M).
Long Term Liabilities: PSI's short term assets (A$368.0M) exceed its long term liabilities (A$240.3M).
Debt to Equity History and Analysis
Debt Level: PSI's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: PSI's debt to equity ratio has increased from 39.6% to 51% over the past 5 years.
Debt Coverage: PSI's debt is well covered by operating cash flow (25.3%).
Interest Coverage: PSI's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Dividend
What is PSC Insurance Group current dividend yield, its reliability and sustainability?
2.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSI's dividend (2.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: PSI's dividend (2.19%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PSI has been paying a dividend for less than 10 years.
Growing Dividend: PSI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.9%), PSI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PSI's dividends in 3 years are forecast to be covered by earnings (66.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
PSC Insurance Group has no CEO, or we have no data on them.
Leadership Team
Experienced Management: PSI's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: PSI's board of directors are considered experienced (6 years average tenure).
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 4.8%.
Top Shareholders
Company Information
PSC Insurance Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: PSC Insurance Group Limited
- Ticker: PSI
- Exchange: ASX
- Founded: 2010
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: AU$1.573b
- Shares outstanding: 327.64m
- Website: https://www.pscinsurancegroup.com.au
Location
- PSC Insurance Group Limited
- 96 Wellington Parade
- Level 4
- East Melbourne
- Victoria
- 3002
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:35 |
| End of Day Share Price | 2022/01/17 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.