PSC Insurance Group (CHIA:PSI) - Stock Price, News & Analysis

PSI Stock Overview

PSC Insurance Group Limited provides diversified insurance services in Australia, the United Kingdom, Hong Kong, and New Zealand.

About the company

PSI fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 7.6% below our estimate of its fair value

Earnings are forecast to grow 9.14% per year

Earnings grew by 101.6% over the past year

Risk Analysis

Shareholders have been diluted in the past year

PSC Insurance Group Limited Competitors

AUB Group

ASX:AUB

AU$3.1b

Steadfast Group

ASX:SDF

AU$6.3b

nib holdings

ASX:NHF

AU$3.7b

Ensurance

ASX:ENA

AU$24.3m

Price History & Performance

Summary of all time highs, changes and price drops for PSC Insurance Group
Historical stock prices
Current Share Price	AU$5.29
52 Week High	AU$5.56
52 Week Low	AU$4.20
Beta	0.52
1 Month Change	-1.67%
3 Month Change	12.55%
1 Year Change	12.79%
3 Year Change	53.78%
5 Year Change	109.92%
Change since IPO	236.94%

Recent updates

Shareholder Returns

	PSI	AU Insurance	AU Market
7D	0%	1.1%	0.9%
1Y	12.8%	16.3%	5.7%

Return vs Industry: PSI underperformed the Australian Insurance industry which returned 16.3% over the past year.

Return vs Market: PSI exceeded the Australian Market which returned 5.7% over the past year.

Price Volatility

Is PSI's price volatile compared to industry and market?
PSI volatility
PSI Average Weekly Movement	3.2%
Insurance Industry Average Movement	3.5%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

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

Volatility Over Time: PSI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	900	Tony Robinson	www.pscinsurancegroup.com.au

PSC Insurance Group Limited provides diversified insurance services in Australia, the United Kingdom, Hong Kong, and New Zealand. It operates through four segments: Distribution, Agency, United Kingdom, and Group. The company provides commercial and life insurance broking, as well as workers compensation consulting services.

PSC Insurance Group Limited Fundamentals Summary

How do PSC Insurance Group's earnings and revenue compare to its market cap?
PSI fundamental statistics
Market cap	AU$1.93b
Earnings (TTM)	AU$63.91m
Revenue (TTM)	AU$307.89m

30.2x

P/E Ratio

6.3x

P/S Ratio

Is PSI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSI income statement (TTM)
Revenue	AU$307.89m
Cost of Revenue	AU$155.85m
Gross Profit	AU$152.04m
Other Expenses	AU$88.14m
Earnings	AU$63.91m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 21, 2024

Earnings per share (EPS)	0.18
Gross Margin	49.38%
Net Profit Margin	20.76%
Debt/Equity Ratio	44.8%

How did PSI perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

78%

Payout Ratio

PSI Stock Overview

Rewards

Risk Analysis

PSC Insurance Group Limited Competitors

ASX:AUB

AU$3.1b

ASX:SDF

AU$6.3b

ASX:NHF

AU$3.7b

ASX:ENA

AU$24.3m

Price History & Performance

Recent News & Updates

PSC Insurance Says in Buyout Talks

PSC Insurance Says in Buyout Talks

Upcoming dividend of AU$0.057 per share

First half dividend of AU$0.057 announced

First half 2024 earnings released: EPS: AU$0.082 (vs AU$0.061 in 1H 2023)

Now 21% undervalued

Recent updates

PSC Insurance Says in Buyout Talks

PSC Insurance Says in Buyout Talks

Upcoming dividend of AU$0.057 per share

First half dividend of AU$0.057 announced

First half 2024 earnings released: EPS: AU$0.082 (vs AU$0.061 in 1H 2023)

Now 21% undervalued

PSC Insurance Group Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

New minor risk - Shareholder dilution

Less than half of directors are independent

New minor risk - Shareholder dilution

Upcoming dividend of AU$0.083 per share at 2.7% yield

PSC Insurance Group Limited, Annual General Meeting, Nov 06, 2023

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.08 in FY 2022)

PSC Insurance Group Limited Announces an Increased Final Dividend for A Period of Twelve Months, Payable on October 11, 2023

PSC Insurance Group Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Upcoming dividend of AU$0.052 per share at 2.4% yield

First half 2023 earnings released: EPS: AU$0.061 (vs AU$0.05 in 1H 2022)

PSC Insurance Group Limited to Report First Half, 2023 Results on Feb 22, 2023

PSC Insurance Group Limited (ASX:PSI) agreed to acquire 90% stake in Business assets of Trade Credit Risk Pty Ltd.

PSC Insurance Group Limited (ASX:PSI) agreed to acquire 90% stake in Business assets of Trade Credit Risk Pty Ltd.

PSC Insurance Group Limited Announces Ordinary Dividend for the Period of Twelve Months Ended June 30, 2022, Payable on October 10, 2022

PSC Insurance Group Limited, Annual General Meeting, Nov 10, 2022

Upcoming dividend of AU$0.075 per share

Full year 2022 earnings released: EPS: AU$0.08 (vs AU$0.13 in FY 2021)

PSC Insurance Group Limited Declares Dividend for the Period Ending June 30, 2022, Payable on Oct. 12, 2022

PSC Insurance Group Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

PSC Insurance Group Limited (ASX:PSI) entered into a non-binding agreement to acquire Ensurance UK Limited from Ensurance Limited (ASX:ENA) for AUD 8.2 million.

PSC Insurance Group Limited (ASX:PSI) completed the acquisition of Alan Wilson Insurance Brokers Pty. Ltd.

Board Member recently bought AU$232k worth of stock

Upcoming dividend of AU$0.045 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

PSC Insurance Group Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended December 31, 2021 Payable on April 4,2021

PSC Insurance Group Limited to Report First Half, 2022 Results on Feb 23, 2022

Less than half of directors are independent

PSC Insurance Group Limited (ASX:PSI) completed the acquisition of Insurance broking portfolio and other business assets of Alliance Insurance Broking Services Pty from Alliance Insurance Broking Services Pty Ltd.

Less than half of directors are independent

Upcoming dividend of AU$0.065 per share

Less than half of directors are independent

Full year 2021 earnings released: EPS AU$0.13 (vs AU$0.067 in FY 2020)

PSC Insurance Group Limited (ASX:PSI) entered into an agreement to acquire Insurance broking portfolio and other business assets of Alliance Insurance Broking Services Pty from Alliance Insurance Broking Services Pty Ltd for AUD 24.5 million.

PSC Insurance Group Limited (ASX:PSI) entered into an agreement to acquire Trust Insurance Services Limited for approximately £15.6 million.

PSC Insurance Group Limited (ASX:PSI) agreed to acquire Abaco Insurance Brokers Limited for £21 million.

Revenue beats expectations

First half 2021 earnings released: EPS AU$0.046 (vs AU$0.032 in 1H 2020)

New 90-day low: AU$2.80

PSC Insurance Group Limited announced that it has received AUD 60 million in funding

New 90-day high: AU$3.10

New 90-day high: AU$2.99

PSC Insurance Group Limited (ASX:PSI) acquired Absolute Insurance Brokers Limited for £8.1 million.

PSC Insurance Group Limited (ASX:PSI) acquired remaining 30% stake in Turner Insurance Services Ltd for £1.9 million.

PSC Insurance Group Limited (ASX:PSI) acquired 70% of Turner Insurance Services Ltd for £3.96 million.

Upcoming Dividend of AU$0.055 Per Share

New 90-day high - AU$2.97

Full year earnings released - EPS AU$0.067

PSC Insurance Group Limited to Report Fiscal Year 2020 Results on Aug 24, 2020

PSC Insurance Group Limited (ASX:PSI) completed the acquisition of General Insurance Broking Business of Australian Unity.

Shareholder Returns

Price Volatility

About the Company