Prime Acquisition Corp. owns and operates real estate properties in Italy.
+ 1 more risk
Slightly overvalued with questionable track record.
Share Price & News
How has Prime Acquisition's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PACQ.F has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: Insufficient data to determine how PACQ.F performed against the US Real Estate industry.
Return vs Market: Insufficient data to determine how PACQ.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Prime Acquisition's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Prime Acquisition undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PACQ.F ($0.3) is trading above our estimate of fair value ($0.01)
Significantly Below Fair Value: PACQ.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PACQ.F is good value based on its PE Ratio (0.6x) compared to the Real Estate industry average (21.5x).
PE vs Market: PACQ.F is good value based on its PE Ratio (0.6x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PACQ.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PACQ.F has negative assets, so we can't compare its PB Ratio to the US Real Estate industry average.
How is Prime Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Prime Acquisition 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.
- Take a look at our analysis of PACQ.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Prime Acquisition's filings and announcements here.
- Explore growth companies in the Real Estate industry.
How has Prime Acquisition performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: PACQ.F has a high level of non-cash earnings.
Growing Profit Margin: PACQ.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PACQ.F has become profitable over the past 5 years, growing earnings by 0% per year.
Accelerating Growth: PACQ.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PACQ.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-31.1%).
Return on Equity
High ROE: PACQ.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Prime Acquisition's financial position?
Financial Position Analysis
Short Term Liabilities: PACQ.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PACQ.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PACQ.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PACQ.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: PACQ.F has a high level of physical assets or inventory.
Debt Coverage by Assets: PACQ.F has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: PACQ.F is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if PACQ.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Prime Acquisition's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PACQ.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PACQ.F'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 PACQ.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PACQ.F'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 PACQ.F'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?
William Yu (57yo)
Mr. Tsu-Cheng Yu, also known as William, has been Interim Chief Executive Officer of Prime Acquisition Corp. since May 8, 2014. Mr. Yu served as the President of Prime Acquisition Corp. since April 2010 un ...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD524.26K).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
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.
Prime Acquisition Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Prime Acquisition Corp.
- Ticker: PACQ.F
- Exchange: OTCPK
- Founded: 2010
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: US$571.116k
- Shares outstanding: 1.90m
- Website: https://ir.primeacq.com
Number of Employees
- Prime Acquisition Corp.
- No. 322, Zhongshan East Road
- Hebei Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PACQ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2011|
Prime Acquisition Corp. owns and operates real estate properties in Italy. The company property portfolio comprises office, logistics, commercial, and industrial real estate assets located in the Milan metropolitan area. Prime Acquisition Corp. was founded in 2010 and is based in Shijiazhuang, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 02:12|
|End of Day Share Price||2019/12/23 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.