| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
PCA Stock Overview
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector.
Palace Capital Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.53 |
| 52 Week High | UK£2.90 |
| 52 Week Low | UK£1.89 |
| Beta | 1.0 |
| 1 Month Change | -1.17% |
| 3 Month Change | 3.26% |
| 1 Year Change | 27.14% |
| 3 Year Change | -17.32% |
| 5 Year Change | -28.73% |
| Change since IPO | -89.67% |
Recent News & Updates
Shareholder Returns
| PCA | GB Real Estate | GB Market | |
|---|---|---|---|
| 7D | -2.7% | -0.9% | -1.0% |
| 1Y | 27.1% | 10.6% | 8.3% |
Return vs Industry: PCA exceeded the UK Real Estate industry which returned 10.5% over the past year.
Return vs Market: PCA exceeded the UK Market which returned 8.3% over the past year.
Price Volatility
| PCA volatility | |
|---|---|
| PCA Average Weekly Movement | 5.0% |
| Real Estate Industry Average Movement | 3.9% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: PCA is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PCA's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 16 | Ronald Sinclair | https://www.palacecapitalplc.com |
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.
Palace Capital Fundamentals Summary
| PCA fundamental statistics | |
|---|---|
| Market Cap | UK£117.11m |
| Earnings (TTM) | UK£9.66m |
| Revenue (TTM) | UK£36.49m |
12.1x
P/E Ratio3.2x
P/S RatioIs PCA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PCA income statement (TTM) | |
|---|---|
| Revenue | UK£36.49m |
| Cost of Revenue | UK£17.66m |
| Gross Profit | UK£18.83m |
| Expenses | UK£9.17m |
| Earnings | UK£9.66m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 51.61% |
| Net Profit Margin | 26.48% |
| Debt/Equity Ratio | 65.4% |
How did PCA perform over the long term?
See historical performance and comparisonDividends
5.1%
Current Dividend Yield56%
Payout RatioValuation
Is Palace Capital undervalued compared to its fair value and its price relative to the market?
12.12x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PCA (£2.53) is trading above our estimate of fair value (£1.95)
Significantly Below Fair Value: PCA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PCA is good value based on its PE Ratio (12.1x) compared to the UK Real Estate industry average (13.6x).
PE vs Market: PCA is good value based on its PE Ratio (12.1x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: PCA is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: PCA is good value based on its PB Ratio (0.7x) compared to the GB Real Estate industry average (0.9x).
Future Growth
How is Palace Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
8.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PCA's forecast earnings growth (8.2% per year) is above the savings rate (0.9%).
Earnings vs Market: PCA's earnings (8.2% per year) are forecast to grow slower than the UK market (12.1% per year).
High Growth Earnings: PCA's earnings are forecast to grow, but not significantly.
Revenue vs Market: PCA's revenue is expected to decline over the next 3 years (-11.8% per year).
High Growth Revenue: PCA's revenue is forecast to decline over the next 3 years (-11.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PCA's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Palace Capital performed over the past 5 years?
-43.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCA has high quality earnings.
Growing Profit Margin: PCA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PCA's earnings have declined by 43.6% per year over the past 5 years.
Accelerating Growth: PCA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PCA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (41.3%).
Return on Equity
High ROE: PCA's Return on Equity (5.9%) is considered low.
Financial Health
How is Palace Capital's financial position?
Financial Position Analysis
Short Term Liabilities: PCA's short term assets (£52.0M) exceed its short term liabilities (£40.0M).
Long Term Liabilities: PCA's short term assets (£52.0M) do not cover its long term liabilities (£78.1M).
Debt to Equity History and Analysis
Debt Level: PCA's net debt to equity ratio (57%) is considered high.
Reducing Debt: PCA's debt to equity ratio has reduced from 75.1% to 65.4% over the past 5 years.
Debt Coverage: PCA's debt is well covered by operating cash flow (31%).
Interest Coverage: PCA's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Dividend
What is Palace Capital current dividend yield, its reliability and sustainability?
5.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PCA's dividend (5.14%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: PCA's dividend (5.14%) is in the top 25% of dividend payers in the UK market (4.06%)
Stability and Growth of Payments
Stable Dividend: PCA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PCA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.1%), PCA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PCA's dividends in 3 years are forecast to be covered by earnings (85.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.6yrs
Average management tenure
CEO
Ronald Sinclair (78 yo)
11.5yrs
Tenure
UK£424,996
Compensation
Mr. Ronald Neil Sinclair, FRICS serves as a Managing Director of Palace Capital Plc and has been its Chief Executive Officer since July 2010. Mr. Sinclair serves as a Managing Director of Peregrine Corpora...
CEO Compensation Analysis
Compensation vs Market: Ronald's total compensation ($USD579.26K) is about average for companies of similar size in the UK market ($USD570.90K).
Compensation vs Earnings: Ronald's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PCA's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: PCA's board of directors are considered experienced (5.1 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
Palace Capital Plc's employee growth, exchange listings and data sources
Key Information
- Name: Palace Capital Plc
- Ticker: PCA
- Exchange: LSE
- Founded: NaN
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: UK£117.110m
- Shares outstanding: 46.29m
- Website: https://www.palacecapitalplc.com
Number of Employees
Location
- Palace Capital Plc
- 25 Bury Street
- 4th Floor
- London
- Greater London
- SW1Y 6AL
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:17 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.