PCM Fund Past Earnings Performance
Past criteria checks 1/6
PCM Fund's earnings have been declining at an average annual rate of -30.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 1.4% per year. PCM Fund's return on equity is 7%, and it has net margins of 40.6%.
Key information
-30.4%
Earnings growth rate
-30.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 1.4% |
| Return on equity | 7.0% |
| Net Margin | 40.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
PCM: Small CEF Trading At Wide Premium To NAV
Aug 12PCM Fund declares $0.08 dividend
Feb 09PCM Fund declares $0.08 dividend
Jan 04PCM Fund declares $0.08 dividend
Dec 08PCM Fund declares $0.08 dividend
Nov 04PCM Fund declares $0.08 dividend
Oct 03PCM Fund declares $0.08 dividend
Sep 02PCM Fund declares $0.08 dividend
Aug 02PCM: Attractive Holdings, Unattractive Price
Jun 23PCM: Attractive 8.86% Distribution Yield That Is Showing Strong Coverage
Feb 11PCM Fund declares $0.08 dividend
May 07PCM Fund declares $0.08 dividend
Jan 04PCM Fund declares $0.08 dividend
Dec 02PCM: A Premium Price But A Stable Yield
Nov 17PCM Fund declares $0.08 dividend
Nov 04Revenue & Expenses BreakdownBeta
How PCM Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 13 | 5 | 1 | 0 |
| 30 Sep 23 | 14 | 3 | 1 | 0 |
| 30 Jun 23 | 15 | 0 | 1 | 0 |
| 31 Mar 23 | 14 | -9 | 2 | 0 |
| 31 Dec 22 | 13 | -18 | 2 | 0 |
| 30 Sep 22 | 12 | -14 | 2 | 0 |
| 30 Jun 22 | 12 | -10 | 2 | 0 |
| 31 Mar 22 | 12 | 0 | 2 | 0 |
| 31 Dec 21 | 13 | 11 | 2 | 0 |
| 30 Sep 21 | 13 | 17 | 2 | 0 |
| 30 Jun 21 | 14 | 23 | 2 | 0 |
| 31 Mar 21 | 14 | 14 | 2 | 0 |
| 31 Dec 20 | 14 | 5 | 2 | 0 |
| 30 Sep 20 | 14 | -2 | 2 | 0 |
| 30 Jun 20 | 14 | -9 | 2 | 0 |
| 31 Mar 20 | 13 | 2 | 2 | 0 |
| 31 Dec 19 | 12 | 14 | 2 | 0 |
| 30 Sep 19 | 12 | 12 | 2 | 0 |
| 30 Jun 19 | 12 | 11 | 2 | 0 |
| 31 Mar 19 | 13 | 8 | 2 | 0 |
| 31 Dec 18 | 13 | 5 | 2 | 0 |
| 30 Sep 18 | 13 | 9 | 2 | 0 |
| 30 Jun 18 | 14 | 12 | 2 | 0 |
| 31 Mar 18 | 14 | 16 | 2 | 0 |
| 31 Dec 17 | 14 | 19 | 2 | 0 |
| 30 Sep 17 | 15 | 21 | 2 | 0 |
| 30 Jun 17 | 15 | 22 | 2 | 0 |
| 31 Mar 17 | 17 | 18 | 2 | 0 |
| 31 Dec 16 | 18 | 15 | 2 | 0 |
| 30 Sep 16 | 18 | 7 | 2 | 0 |
| 30 Jun 16 | 17 | 0 | 2 | 0 |
| 30 Jun 15 | 13 | 10 | 2 | 0 |
| 31 Dec 14 | 13 | 7 | 2 | 0 |
| 30 Sep 14 | 14 | 10 | 2 | 0 |
| 30 Jun 14 | 14 | 13 | 2 | 0 |
| 31 Mar 14 | 15 | 12 | 2 | 0 |
| 31 Dec 13 | 16 | 11 | 2 | 0 |
| 30 Sep 13 | 16 | 18 | 2 | 0 |
| 30 Jun 13 | 15 | 25 | 2 | 0 |
Quality Earnings: PCM has a large one-off loss of $2.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PCM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PCM's earnings have declined by 30.4% per year over the past 5 years.
Accelerating Growth: PCM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PCM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: PCM's Return on Equity (7%) is considered low.