Pacific Current Group Limited (PAC) - Research

$4.450

PAC General Information +

ASX Code PAC
Website http://www.paccurrent.com
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 212
Current Price $4.450
Day High $4.460
Day Low $4.400
Last Close $4.450
Price Movement - ( No change )
Prices as at 16:40, 26 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

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 A 99.68 208.00 301.50% 3.30 22.00 3.20% 100.0%
2017 A 16.12 51.80 0.00% 9.20 18.00 3.80% 100.0%
2016 A -48.24 -172.10 0.00% 0.00 25.00 3.80% 100.0%

PAC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Magellan Financial Group (MFG) $8,916M 0.3568 0.2415 0.0692 32.5237 26.1967 24.5012 2.67% 3.43% 3.66%
Netwealth Group (NWL) $2,058M 0.0000 0.7077 0.3340 102.4852 60.0139 44.9870 0.62% 1.32% 1.76%
Pacific Current Group (PAC) $212M 3.0149 0.0000 0.0000 2.1441 0.0000 0.0000 4.93% 0.00% 0.00%
Pendal Group (PDL) $2,258M 0.1207 -0.2807 0.1109 9.8515 13.6960 12.3285 7.32% 6.44% 6.90%
Platinum Asset Mgmt (PTM) $2,734M 0.0325 -0.1575 0.0587 14.2203 16.8779 15.9425 6.87% 5.79% 6.06%

PAC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 2.14 0.66 0.00
Market 0.87 17.10 1.49 1.63
Sector 0.88 12.90 1.03 1.72

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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