Pacific Current Group Limited (PAC) - Research

$6.440

PAC General Information +

ASX Code PAC
Website http://www.paccurrent.com
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) 306
Current Price $6.440
Day High $6.440
Day Low $6.260
Last Close $6.440
Price Movement - ( No change )
Prices as at 16:40, 20 Sep 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 (%)
2019 A 68.29 139.20 -33.10% 4.10 15.00 2.60% 100.0%
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%

PAC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 A 2017 A 2018 A 2019 A 2017 A 2018 A 2019 A
Magellan Financial Group (MFG) $9,315M 0.4603 0.0068 0.0927 22.6302 22.4770 20.5701 3.62% 4.08% 4.48%
Netwealth Group (NWL) $2,125M 0.7917 0.2100 0.2309 59.0489 48.7991 39.6452 1.35% 1.63% 2.00%
Pacific Current Group (PAC) $298M -0.3307 0.0000 0.0000 4.4893 0.0000 0.0000 2.40% 0.00% 0.00%
Pendal Group (PDL) $2,321M 0.1207 -0.2883 0.1010 9.9764 14.0183 12.7324 7.23% 6.29% 6.75%
Platinum Asset Mgmt (PTM) $2,394M -0.1752 -0.0163 0.0320 15.0943 15.3441 14.8688 6.62% 6.31% 6.56%

PAC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 4.63 0.80 0.00
Market 0.86 16.80 1.61 1.83
Sector 0.88 16.40 1.05 2.24

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
28 August 2020 Report (Prelim)
27 February 2020 Report (Interim)
29 October 2019 Report (Annual)
11 October 2019 Div Pay Date
27 September 2019 Report (Prelim)

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