ASX:PCH

Stock Analysis Report

Property Connect Holdings

Executive Summary

Property Connect Holdings Limited develops platforms for use in the real estate technology sector in Australia and internationally.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Property Connect Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PCH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

PCH

4.4%

AU Interactive Media and Services

5.1%

AU Market


1 Year Return

-25.0%

PCH

-6.8%

AU Interactive Media and Services

-19.1%

AU Market

Return vs Industry: PCH underperformed the Australian Interactive Media and Services industry which returned -6.8% over the past year.

Return vs Market: PCH underperformed the Australian Market which returned -19% over the past year.


Shareholder returns

PCHIndustryMarket
7 Day0%4.4%5.1%
30 Day0%-23.9%-18.7%
90 Dayn/a-31.7%-25.7%
1 Year-25.0%-25.0%-5.2%-6.8%-15.4%-19.1%
3 Year-95.8%-95.8%23.2%16.8%-3.3%-16.6%
5 Yearn/a52.8%39.3%6.9%-17.3%

Price Volatility Vs. Market

How volatile is Property Connect Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Property Connect Holdings undervalued compared to its fair value and its price relative to the market?

4.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PCH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PCH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PCH is unprofitable, so we can't compare its PE Ratio to the Interactive Media and Services industry average.

PE vs Market: PCH 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 PCH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PCH is overvalued based on its PB Ratio (4.7x) compared to the AU Interactive Media and Services industry average (2x).


Next Steps

Future Growth

How is Property Connect Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.0%

Forecasted Media 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 Property Connect Holdings 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 Property Connect Holdings performed over the past 5 years?

13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCH is currently unprofitable.

Growing Profit Margin: PCH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PCH is unprofitable, but has reduced losses over the past 5 years at a rate of 13.5% per year.

Accelerating Growth: Unable to compare PCH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PCH is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (5.3%).


Return on Equity

High ROE: PCH has a negative Return on Equity (-371.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Property Connect Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PCH's short term assets (A$285.6K) exceed its short term liabilities (A$129.1K).

Long Term Liabilities: PCH's short term assets (A$285.6K) exceed its long term liabilities (A$14.7K).


Debt to Equity History and Analysis

Debt Level: PCH's debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if PCH's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: PCH has a high level of physical assets or inventory.

Debt Coverage by Assets: PCH's debt is covered by short term assets (assets are 21.3x debt).


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: PCH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PCH has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.9% each year.


Next Steps

Dividend

What is Property Connect Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PCH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PCH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PCH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PCH's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average board tenure


CEO

Property Connect Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Nolan
Company Secretary & Non-Executive Director3.08yrsAU$129.18k6.53% A$67.2k
Stephen Lefkovits
Member of Multifamily Advisory Board3.58yrsno datano data
Bill Nye
Member of Multifamily Advisory Boardno datano datano data
Paul Tosi
Non-Executive Director1.33yrsAU$9.00k0.36% A$3.8k
Francessco Cavasinni
Non-Executive Chairman0.92yrno datano data

2.2yrs

Average Tenure

Experienced Board: PCH's board of directors are not considered experienced ( 2.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 77.8%.


Top Shareholders

Company Information

Property Connect Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Property Connect Holdings Limited
  • Ticker: PCH
  • Exchange: ASX
  • Founded: 2012
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: AU$1.029m
  • Shares outstanding: 685.86m
  • Website: https://www.propertyconnect.com

Location

  • Property Connect Holdings Limited
  • 234 George Street
  • Suite 404
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PCHASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2016
PCHCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2016

Biography

Property Connect Holdings Limited develops platforms for use in the real estate technology sector in Australia and internationally. It offers LiveOffer, a real estate technology platform. The company was founded in 2012 and is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 11:12
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.