Pacific Current Group Limited (PAC) - Research

$4.690
Prices as at 15:20, 25 Apr 2019

PAC Current Share Price+

Current Price $4.690
Open $4.600
High $4.700
Low $4.600
Last Close $4.690
Volume 366954
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

PAC General Information

Pacific Current Group Limited
PAC
http://www.paccurrent.com
Asset Management & Custody Banks
223
48

PAC Company Overview

Business Description

Pacific Current Group Limited (PAC) is a multi-boutique asset management firm, is a provider of funds management services to institutions, master funds and wraps, retail investors and private clients. Pacific Current Group had investments in 13 boutique asset managers globally.

PAC Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 F 10.93 38.88 6.30% 12.06 32.00 6.82% 100.0%
2017 F 10.28 36.58 -11.30% 12.82 33.00 7.04% 100.0%
2016 A 11.56 41.24 -43.30% 15.90 25.00 3.81% 100.0%

PAC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 F 2018 F 2016 A 2017 F 2018 F 2016 A 2017 F 2018 F
IOOF (IFL) $2,317M 0.5416 0.0113 0.0469 12.2290 12.0923 11.5506 8.18% 7.56% 7.58%
Magellan Financial Group (MFG) $7,452M 0.3568 0.2415 0.0692 27.1817 21.8939 20.4769 3.20% 4.10% 4.38%
Pacific Current Group (PAC) $218M 3.0149 0.0000 0.0000 2.2018 0.0000 0.0000 4.80% 0.00% 0.00%
Pendal Group (PDL) $2,827M 0.1207 -0.1712 0.1015 12.3352 14.8836 13.5127 5.85% 5.60% 6.07%
Platinum Asset Mgmt (PTM) $2,933M 0.0325 -0.1645 0.0782 15.2579 18.2615 16.9377 6.40% 5.43% 5.77%

PAC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 2.25 0.69 0.00
Market 0.95 16.70 1.52 1.56
Sector 1.07 13.60 1.02 1.84

PAC Directors

Name Position Start Date
Mr Paul R Greenwood Chief Executive Officer, Chief Investment Officer, Managing Director, Executive Director 10 Dec 2014
Mr Antony (Tony) David Robinson Executive Director, Executive Chairman 28 Aug 2015
Ms Melda K Donnelly Non-Executive Director 28 Mar 2012
Mr Peter Robert Kennedy Non-Executive Director 4 Jun 2003
Mr Gilles Guerin Non-Executive Director 10 Dec 2014
Mr Jeremiah (Jerry) H Chafkin Non-Executive Director 10 Apr 2019

PAC Management

Name Position
J. Ferragina CFO and COO Australia
Philip Mackey Company Secretary

PAC Substantial Shareholders

Holding Name
7,426,151 (15.59%) Perpetual Limited and subsidiaries
4,070,687 (8.54%) Paradice Investment Management Pty Ltd
2,940,453 (6.17%) Wilson Asset Management Group
2,780,000 (5.84%) Copia Investment Partners
2,701,285 (5.67%) HFM Investments Pty Ltd

PAC Calendar of Events

Date Event
27 February 2020 Report (Interim)
29 October 2019 Report (Annual)
27 September 2019 Report (Prelim)
02 September 2019 Report (Prelim)
30 August 2019 Report (Prelim)

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