PACIFIC CURRENT GROUP LIMITED (PAC)
Share Price Analysis and Chart

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PAC - PACIFIC CURRENT GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: -0.56
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.75

02 Oct
2023

-0.350

OPEN

$10.06

-3.47%

HIGH

$10.10

66,341

LOW

$9.75

TARGET
$12.20 25.1% upside
Franking for last dividend paid out: 67%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IRE . JHG . KAM . KSL . LNK . MAF . MFG . MQG . NGI . NWL . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
PAC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 30.8 70.6 xxx
DPS (cps) xxx 38.0 46.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 0.0% 21.1% xxx
PE Ratio xxx N/A 13.8 xxx
Dividend Yield xxx N/A 4.7% xxx
Div Pay Ratio(%) xxx N/A 65.2% xxx

Dividend yield today if purchased 3 years ago: 6.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.76

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 06/09 - ex-div 23c (franking 67%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-30.8
DPS All xxxxxxxxxxxxxxx38.0
Sales/Revenue xxxxxxxxxxxxxxx44.5 M
Book Value Per Share xxxxxxxxxxxxxxx987.9
Net Operating Cash Flow xxxxxxxxxxxxxxx21.8 M
Net Profit Margin xxxxxxxxxxxxxxx-35.48 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-3.05 %
Return on Invested Capital xxxxxxxxxxxxxxx-3.04 %
Return on Assets xxxxxxxxxxxxxxx-2.59 %
Return on Equity xxxxxxxxxxxxxxx-3.05 %
Return on Total Capital xxxxxxxxxxxxxxx-1.68 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx23 M
Price To Book Value xxxxxxxxxxxxxxx0.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx2.6 M
Capex % of Sales xxxxxxxxxxxxxxx5.93 %
Cost of Goods Sold xxxxxxxxxxxxxxx4 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx49 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx324 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

20/09/2023

1

Buy

$12.20

25.13%

Pacific Current Group has acquired a 24.9% equity stake in Avante Capital Partners, a private credit fund manager based in the US, for up to -US$40m. The acquisition is expected to yield US$1.5-2.5bn in management fees from 2024.

Ord Minnett considers the acquisition "sensible" and in line with the structure of recent deals made by the company.

The broker expects updates on potential corporate interest over the next 4-6 weeks, although Pacific Current is yet to formally respond to the Regal Partners ((RPL)) proposal. Buy rating retained. Target rises to $12.20 from $12.00.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 46.00 cents and EPS of 70.60 cents.
Ord Minnett forecasts a full year FY25 dividend of 54.00 cents and EPS of 82.70 cents.
Access Stockbroker Research History >

PAC STOCK CHART

FNArena News on PAC

1
FNArena Corporate Results Monitor – 28-08-2023

Aug 28 2023 - Australia
2
July In Review: Energy And Banks Drive Gains

Aug 03 2023 - Australia
3
FNArena Corporate Results Monitor – 27-02-2023

Feb 27 2023 - Australia
4
FNArena Corporate Results Monitor – 30-08-2022

Aug 30 2022 - Australia
5
FNArena Corporate Results Monitor – 28-02-2022

Feb 28 2022 - Australia

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