Princeton Capital Corporation is a business development company specializing in the private equity investments.
Share Price & News
How has Princeton Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PIAC's share price has been volatile over the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: PIAC underperformed the US Capital Markets industry which returned 12% over the past year.
Return vs Market: PIAC underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Princeton Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Princeton Capital undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PIAC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PIAC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PIAC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: PIAC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PIAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PIAC is good value based on its PB Ratio (0.7x) compared to the US Capital Markets industry average (6.6x).
How is Princeton Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Princeton Capital 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.
How has Princeton Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PIAC is currently unprofitable.
Growing Profit Margin: PIAC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PIAC is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare PIAC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PIAC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).
Return on Equity
High ROE: PIAC has a negative Return on Equity (-20.68%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Princeton Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PIAC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if PIAC'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: Whilst unprofitable PIAC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PIAC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.5% per year.
Financial Institutions Analysis
Asset Level: PIAC's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if PIAC has a sufficient allowance for bad loans.
Low Risk Liabilities: PIAC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if PIAC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PIAC has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if PIAC has an appropriate level of bad loans.
What is Princeton Capital's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PIAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PIAC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PIAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PIAC'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 PIAC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark DiSalvo (64yo)
Mr. Mark S. DiSalvo serves as a Manager at New York Community Investment Company. Mr. DiSalvo has been the President and Chief Executive Officer at Semaphore Inc. since 2001. He has been a senior executive ...
|Interim CEO||2.4yrs||no data||no data|
|Treasurer||4.9yrs||no data||no data|
|Investor Relations Director||0yrs||no data||no data|
|Chief Compliance Officer||2.1yrs||no data||no data|
Experienced Management: PIAC's management team is considered experienced (2.4 years average tenure).
|Interim CEO||2.4yrs||no data||no data|
|Chairman of the Board||4.1yrs||US$50.00k||no data|
Experienced Board: PIAC's board of directors are considered experienced (3.9 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.
Princeton Capital Corporation's company bio, employee growth, exchange listings and data sources
- Name: Princeton Capital Corporation
- Ticker: PIAC
- Exchange: OTCPK
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$25.302m
- Shares outstanding: 120.49m
- Website: https://www.princetoncapitalcorp.com
- Princeton Capital Corporation
- 800 Turnpike Street
- Suite 300
- North Andover
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PIAC||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Mar 2015|
Princeton Capital Corporation is a business development company specializing in the private equity investments. The firm specializes in making investments in form of middle market, mezzanine, first lien loans, second lien loans, subordinated debt, leverage buyouts, acquisitions, recapitalization, growth financing and debt financing investments. It typically invests in the United States region. The firm seeks to invest between $3 million and $50 million. It seeks to invest in companies with sales more than $35 million. It seeks to invest in companies with EBITDA between $3 million and $20 million. The firm is based in Houston, Texas with additional offices in Princeton, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 23:58|
|End of Day Share Price||2020/02/18 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.