Market Cap
UK£46.0m
Last Updated
2020/08/10 21:27 UTC
Data Sources
Company Financials +
Executive Summary
PCF Group plc, together with its subsidiaries, provides hire purchase and finance lease services in the United Kingdom.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has PCF Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PCF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
PCF
4.4%
GB Consumer Finance
2.7%
GB Market
1 Year Return
-31.5%
PCF
-55.0%
GB Consumer Finance
-12.4%
GB Market
Return vs Industry: PCF exceeded the UK Consumer Finance industry which returned -55% over the past year.
Return vs Market: PCF underperformed the UK Market which returned -12.4% over the past year.
Shareholder returns
| PCF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 4.4% | 2.7% |
| 30 Day | -3.6% | 2.7% | 0.2% |
| 90 Day | -26.0% | -2.8% | 4.0% |
| 1 Year | -29.4%-31.5% | -53.8%-55.0% | -8.8%-12.4% |
| 3 Year | -17.7%-21.3% | -75.7%-81.7% | -4.9%-16.3% |
| 5 Year | -0.4%-5.1% | -82.4%-88.0% | 14.2%-11.1% |
Price Volatility Vs. Market
How volatile is PCF Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Many Still Looking Away From PCF Group plc (LON:PCF)2 months ago | Simply Wall St
Is PCF Group plc (LON:PCF) Potentially Undervalued?2 months ago | Simply Wall St
Is PCF Group plc's (LON:PCF) CEO Overpaid Relative To Its Peers?Valuation
Is PCF Group undervalued compared to its fair value and its price relative to the market?
10.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PCF (£0.19) is trading below our estimate of fair value (£0.21)
Significantly Below Fair Value: PCF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PCF is poor value based on its PE Ratio (7.9x) compared to the GB Consumer Finance industry average (5.4x).
PE vs Market: PCF is good value based on its PE Ratio (7.9x) compared to the UK market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PCF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PCF is good value based on its PB Ratio (0.8x) compared to the GB Consumer Finance industry average (0.9x).
Next Steps
Future Growth
How is PCF Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
29.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PCF's forecast earnings growth is above the savings rate (1.2%).
Earnings vs Market: Insufficient data to determine if PCF's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PCF's revenue (29.9% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: PCF's revenue (29.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PCF's Return on Equity is forecast to be low in 3 years time (13.4%).
Next Steps
Past Performance
How has PCF Group performed over the past 5 years?
24.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCF has a large one-off loss of £4.2M impacting its March 31 2020 financial results.
Growing Profit Margin: PCF's current net profit margins (22.3%) are lower than last year (27%).
Past Earnings Growth Analysis
Earnings Trend: PCF's earnings have grown significantly by 24.7% per year over the past 5 years.
Accelerating Growth: PCF's earnings growth over the past year (13.7%) is below its 5-year average (24.7% per year).
Earnings vs Industry: PCF earnings growth over the past year (13.7%) exceeded the Consumer Finance industry 8.4%.
Return on Equity
High ROE: PCF's Return on Equity (9.7%) is considered low.
Next Steps
Financial Health
How is PCF Group's financial position?
Financial Position Analysis
Short Term Liabilities: PCF's short term assets (£433.2M) exceed its short term liabilities (£340.2M).
Long Term Liabilities: PCF's short term assets (£433.2M) exceed its long term liabilities (£46.4M).
Debt to Equity History and Analysis
Debt Level: PCF's debt to equity ratio (59%) is considered high.
Reducing Debt: PCF's debt to equity ratio has reduced from 746.5% to 59% over the past 5 years.
Debt Coverage: PCF's debt is well covered by operating cash flow (64.1%).
Interest Coverage: Insufficient data to determine if PCF's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is PCF Group current dividend yield, its reliability and sustainability?
2.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PCF's dividend (2.16%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).
High Dividend: PCF's dividend (2.16%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PCF has been paying a dividend for less than 10 years.
Growing Dividend: PCF's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.1%), PCF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PCF's dividends in 3 years are forecast to be well covered by earnings (15.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Scott Maybury (59 yo)
11.75yrs
Tenure
UK£476,000
Compensation
Mr. Scott David Maybury serves as Chief Executive Officer and Executive Director at PCF Bank Limited since December 29, 1994. Mr. Maybury has been the Chief Executive Officer at PCF Group plc since Novemb ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD622.65K) is above average for companies of similar size in the UK market ($USD349.57K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.75yrs | UK£476.00k | 0.69% £ 316.5k | |
| Finance Director & Executive Director | 5yrs | UK£296.00k | 0.095% £ 43.7k | |
| MD, Company Secretary & Director | 26.83yrs | UK£285.00k | 0.40% £ 183.9k | |
| Head of Risk & Compliance | no data | no data | no data | |
| Head of Business & Broker Development | no data | no data | no data | |
| Head of Human Resources | 1.58yrs | no data | no data | |
| Head of New Business | no data | no data | no data | |
| Head of Finance | no data | no data | no data | |
| Head of Credit Control | no data | no data | no data | |
| Head of IT | no data | no data | no data | |
| Head of Treasury | no data | no data | no data |
5.0yrs
Average Tenure
59yo
Average Age
Experienced Management: PCF's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.75yrs | UK£476.00k | 0.69% £ 316.5k | |
| Finance Director & Executive Director | 5yrs | UK£296.00k | 0.095% £ 43.7k | |
| MD, Company Secretary & Director | 26.83yrs | UK£285.00k | 0.40% £ 183.9k | |
| Non-Executive Director | 4.67yrs | UK£43.00k | 0.080% £ 36.8k | |
| Non-Executive Chairman | 3.67yrs | UK£95.00k | 0.050% £ 23.2k | |
| Non-Executive Director | 1.08yrs | UK£11.00k | 0.015% £ 6.9k | |
| Non-Executive Director | 8.08yrs | UK£43.00k | 0.20% £ 92.1k | |
| Independent Non-Executive Director | 3.17yrs | UK£57.00k | 0.013% £ 6.1k | |
| Independent Non-Executive Director | 3.08yrs | UK£52.00k | 0.020% £ 9.2k |
4.7yrs
Average Tenure
58yo
Average Age
Experienced Board: PCF's board of directors are considered experienced (4.7 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PCF Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PCF Group plc
- Ticker: PCF
- Exchange: AIM
- Founded: 1993
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: UK£45.968m
- Shares outstanding: 249.49m
- Website: https://pcf.bank/investors
Number of Employees
Location
- PCF Group plc
- Pinners Hall
- 105-108 Old Broad Street
- London
- Greater London
- EC2N 1ER
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PCF | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Sep 1998 |
Biography
PCF Group plc, together with its subsidiaries, provides hire purchase and finance lease services in the United Kingdom. It operates through four segments: Consumer Finance, Business Finance, Azule Finance, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/10 21:27 |
| End of Day Share Price | 2020/08/10 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/09/30 |
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.