PFG Stock Overview
Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland.
Provident Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£1.96|
|52 Week High||UK£3.84|
|52 Week Low||UK£1.82|
|1 Month Change||2.09%|
|3 Month Change||-19.37%|
|1 Year Change||-42.20%|
|3 Year Change||-45.71%|
|5 Year Change||-89.79%|
|Change since IPO||-46.08%|
Recent News & Updates
|PFG||GB Consumer Finance||GB Market|
Return vs Industry: PFG underperformed the UK Consumer Finance industry which returned -39.6% over the past year.
Return vs Market: PFG underperformed the UK Market which returned -11.2% over the past year.
|PFG Average Weekly Movement||5.7%|
|Consumer Finance Industry Average Movement||6.4%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.9%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: PFG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PFG's weekly volatility (6%) has been stable over the past year.
About the Company
|1880||2,535||Malcolm Le May||https://www.providentfinancial.com|
Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company operates through Vanquis Bank and Moneybarn segments. It offers credit cards products, unsecured personal loans, and savings products.
Provident Financial Fundamentals Summary
|PFG fundamental statistics|
Is PFG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PFG income statement (TTM)|
|Cost of Revenue||UK£296.20m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.41|
|Net Profit Margin||23.18%|
How did PFG perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Does PFG pay a reliable dividends?See PFG dividend history and benchmarks
|Provident Financial dividend dates|
|Ex Dividend Date||Aug 11 2022|
|Dividend Pay Date||Sep 22 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||41 days|
Does PFG pay a reliable dividends?See PFG dividend history and benchmarks
Is PFG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PFG?
Other financial metrics that can be useful for relative valuation.
|What is PFG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PFG's PE Ratio compare to its peers?
|PFG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
IPF International Personal Finance
HAT H&T Group
ASAI ASA International Group
PFG Provident Financial
Price-To-Earnings vs Peers: PFG is good value based on its Price-To-Earnings Ratio (4.7x) compared to the peer average (11.9x).
Price to Earnings Ratio vs Industry
How does PFG's PE Ratio compare vs other companies in the European Consumer Finance Industry?
Price-To-Earnings vs Industry: PFG is good value based on its Price-To-Earnings Ratio (4.7x) compared to the UK Consumer Finance industry average (6x)
Price to Earnings Ratio vs Fair Ratio
What is PFG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.7x|
|Fair PE Ratio||18.3x|
Price-To-Earnings vs Fair Ratio: PFG is good value based on its Price-To-Earnings Ratio (4.7x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).
Share Price vs Fair Value
What is the Fair Price of PFG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PFG (£1.96) is trading below our estimate of fair value (£7.36)
Significantly Below Fair Value: PFG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Provident Financial forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFG's forecast earnings growth (14.5% per year) is above the savings rate (0.9%).
Earnings vs Market: PFG's earnings (14.5% per year) are forecast to grow faster than the UK market (9.8% per year).
High Growth Earnings: PFG's earnings are forecast to grow, but not significantly.
Revenue vs Market: PFG's revenue (9.5% per year) is forecast to grow faster than the UK market (4% per year).
High Growth Revenue: PFG's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PFG's Return on Equity is forecast to be low in 3 years time (19.9%).
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How has Provident Financial performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFG has high quality earnings.
Growing Profit Margin: PFG's current net profit margins (23.2%) are higher than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: PFG's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: PFG's earnings growth over the past year (110.4%) exceeds its 5-year average (26.8% per year).
Earnings vs Industry: PFG earnings growth over the past year (110.4%) exceeded the Consumer Finance industry 77.4%.
Return on Equity
High ROE: PFG's Return on Equity (17.2%) is considered low.
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How is Provident Financial's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PFG's short term assets (£2.3B) exceed its short term liabilities (£70.5M).
Long Term Liabilities: PFG's short term assets (£2.3B) exceed its long term liabilities (£1.9B).
Debt to Equity History and Analysis
Debt Level: PFG's net debt to equity ratio (195.5%) is considered high.
Reducing Debt: PFG's debt to equity ratio has increased from 265.4% to 291.3% over the past 5 years.
Debt Coverage: PFG's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: Insufficient data to determine if PFG's interest payments on its debt are well covered by EBIT.
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What is Provident Financial current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFG's dividend (5.11%) is higher than the bottom 25% of dividend payers in the UK market (1.85%).
High Dividend: PFG's dividend (5.11%) is low compared to the top 25% of dividend payers in the UK market (5.17%).
Stability and Growth of Payments
Stable Dividend: PFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: PFG's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), PFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PFG is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Malcolm Le May (64 yo)
Mr. Malcolm John Le May was Senior Independent Non-Executive Director at IG Group Holdings plc since 2021. Mr. Le May serves as Non-Executive Director at IG Group Holdings Plc since September 17, 2020. He...
CEO Compensation Analysis
Compensation vs Market: Malcolm's total compensation ($USD2.42M) is above average for companies of similar size in the UK market ($USD1.35M).
Compensation vs Earnings: Malcolm's compensation has increased by more than 20% in the past year.
Experienced Management: PFG's management team is considered experienced (2.9 years average tenure).
Experienced Board: PFG's board of directors are considered experienced (4.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Provident Financial plc's employee growth, exchange listings and data sources
- Name: Provident Financial plc
- Ticker: PFG
- Exchange: LSE
- Founded: 1880
- Industry: Consumer Finance
- Sector: Diversified Financials
- Implied Market Cap: UK£490.886m
- Shares outstanding: 250.96m
- Website: https://www.providentfinancial.com
Number of Employees
- Provident Financial plc
- No. 1 Godwin Street
- West Yorkshire
- BD1 2SU
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 00:00|
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.