ASX:PCH

Stock Analysis Report

Property Connect Holdings

Executive Summary

Property Connect Holdings Limited develops products for use in the real estate technology sector in Australia.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

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


Market Performance


7 Day Return

0%

PCH

1.1%

AU Interactive Media and Services

1.0%

AU Market


1 Year Return

-33.3%

PCH

38.2%

AU Interactive Media and Services

11.7%

AU Market

Return vs Industry: PCH underperformed the Australian Interactive Media and Services industry which returned 38.2% over the past year.

Return vs Market: PCH underperformed the Australian Market which returned 11.7% over the past year.


Shareholder returns

PCHIndustryMarket
7 Day0%1.1%1.0%
30 Day0%2.0%-0.2%
90 Day0%11.3%0.3%
1 Year-33.3%-33.3%40.7%38.2%18.1%11.7%
3 Year-90.0%-90.0%77.5%68.1%37.4%19.0%
5 Yearn/a99.1%97.6%51.7%17.6%

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?

3.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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

Low 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 good value based on its PB Ratio (3.4x) compared to the AU Interactive Media and Services industry average (5.3x).


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?

34.9%

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?

8.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PCH is unprofitable, but has reduced losses over the past 5 years at a rate of 8.7% 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 (10.5%).


Return on Equity

High ROE: PCH has a negative Return on Equity (-144.55%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PCH is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PCH is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Property Connect Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PCH's short term assets (A$518.8K) exceeds its short term liabilities (A$43.8K)

Long Term Liabilities: PCH has no long term liabilities


Debt to Equity History and Analysis

Debt Level: PCH is debt free.

Reducing Debt: PCH had no debt 5 years ago.


Balance Sheet

Inventory Level: PCH has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PCH's debt is covered by short term assets.


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 21.4% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

What is the CEO of Property Connect Holdings's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average board tenure


CEO

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


Board Age and Tenure

1.7yrs

Average Tenure

Experienced Board: PCH's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$5,00220 Dec 18
Paul Tosi
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,666,666.67
Max PriceAU$0.003
BuyAU$59,49228 Nov 18
Markovic Family No 2 Pty Ltd
EntityCompany
Shares19,833,333.33
Max PriceAU$0.003
BuyAU$31,92528 Nov 18
Jgm Property Investments Pty Ltd
EntityCompany
Shares10,653,651
Max PriceAU$0.003

Ownership Breakdown


Management Team

  • David Nolan (44yo)

    Company Secretary & Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: AU$129.18k
  • Bill Lopez

    Senior Vice President of Business Development

    • Tenure: 0yrs
  • Mark Natoli

    General Manager of Operations

    • Tenure: 0.8yrs

Board Members

  • Steve Lefkovits (51yo)

    Member of Multifamily Advisory Board

    • Tenure: 3.1yrs
  • David Nolan (44yo)

    Company Secretary & Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: AU$129.18k
  • Bill Nye

    Member of Multifamily Advisory Board

    • Tenure: 0yrs
  • Paul Tosi

    Non-Executive Director

    • Tenure: 0.8yrs
    • Compensation: AU$9.00k
  • Frank Cavasinni

    Non-Executive Chairman

    • Tenure: 0.4yrs

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$2.058m
  • 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 products for use in the real estate technology sector in Australia. It offers LiveOffer that offers renters, landlords, and property managers with a real time vie ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 10:34
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
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.