OTCPK:PGCG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Prime Global Capital Group

Executive Summary

Prime Global Capital Group Incorporated, through its subsidiaries, engages in real estate business in Malaysia.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Prime Global Capital Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGCG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

PGCG

6.7%

US Real Estate

2.9%

US Market


1 Year Return

-48.7%

PGCG

-10.5%

US Real Estate

8.9%

US Market

Return vs Industry: PGCG underperformed the US Real Estate industry which returned -15.7% over the past year.

Return vs Market: PGCG underperformed the US Market which returned 9.2% over the past year.


Shareholder returns

PGCGIndustryMarket
7 Day0%6.7%2.9%
30 Day0%18.0%10.6%
90 Dayn/a-18.4%5.1%
1 Year-48.7%-48.7%-9.9%-10.5%11.4%8.9%
3 Year-24.5%-24.5%-11.3%-13.3%34.3%25.4%
5 Yearn/a-19.0%-21.4%60.7%42.7%

Price Volatility Vs. Market

How volatile is Prime Global Capital Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Prime Global Capital Group undervalued compared to its fair value and its price relative to the market?

18.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PGCG ($0.08) is trading below our estimate of fair value ($0.09)

Significantly Below Fair Value: PGCG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PGCG is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: PGCG 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 PGCG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PGCG is overvalued based on its PB Ratio (1.4x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Prime Global Capital Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.0%

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 Global Capital Group 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.


Next Steps

  • Take a look at our analysis of PGCG’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 Global Capital Group's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has Prime Global Capital Group performed over the past 5 years?

27.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGCG is currently unprofitable.

Growing Profit Margin: PGCG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGCG is unprofitable, but has reduced losses over the past 5 years at a rate of 27.3% per year.

Accelerating Growth: Unable to compare PGCG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PGCG is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: PGCG has a negative Return on Equity (-0.85%), as it is currently unprofitable.


Next Steps

Financial Health

How is Prime Global Capital Group's financial position?


Financial Position Analysis

Short Term Liabilities: PGCG's short term assets ($372.5K) do not cover its short term liabilities ($2.1M).

Long Term Liabilities: PGCG's short term assets ($372.5K) do not cover its long term liabilities ($15.8M).


Debt to Equity History and Analysis

Debt Level: PGCG's debt to equity ratio (53.9%) is considered high.

Reducing Debt: PGCG's debt to equity ratio has increased from 35.5% to 53.9% over the past 5 years.


Balance Sheet


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 PGCG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PGCG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.9% per year.


Next Steps

Dividend

What is Prime Global Capital Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PGCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PGCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PGCG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGCG'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 PGCG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average board tenure


CEO

Weng Wong (46yo)

9.58yrs

Tenure

US$81,107

Compensation

Mr. Weng Kung Wong, also known as Stanley, co-founded Mobile Wallet Sdn. Bhd in 2004 and serves as its Chief Executive Officer. Mr. Wong has been Chief Executive Officer at Prime Global Capital Group Incor ...


CEO Compensation Analysis

Compensation vs Market: Weng's total compensation ($USD81.11K) is below average for companies of similar size in the US market ($USD589.00K).

Compensation vs Earnings: Weng's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Weng Wong
CEO, President9.58yrsUS$81.11k10.69% $4.2m
Choon Soo
Independent Director2.83yrsUS$8.64kno data
Maylee Suat Gan
Independent Director4.17yrsUS$8.64kno data

4.2yrs

Average Tenure

46yo

Average Age

Experienced Board: PGCG's board of directors are considered experienced (4.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Prime Global Capital Group Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prime Global Capital Group Incorporated
  • Ticker: PGCG
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: US$39.477m
  • Shares outstanding: 512.68m
  • Website: https://www.pgcg.cc

Number of Employees


Location

  • Prime Global Capital Group Incorporated
  • E-5-2, Megan Avenue 1
  • Block E
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 50400
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGCGOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2010

Biography

Prime Global Capital Group Incorporated, through its subsidiaries, engages in real estate business in Malaysia. The company acquires, develops, manages, operates, and sells commercial and residential real estate properties, primarily in Kuala Lumpur and Selangor. It also engages in the oil palm and durian plantation activities. Prime Global Capital Group Incorporated was founded in 2004 and is based in Kuala Lumpur, Malaysia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 04:16
End of Day Share Price2020/05/01 00:00
Earnings2020/01/31
Annual Earnings2019/10/31


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.