Imperial Pacific Limited (IPC) AI Stock Analysis

• Market Cap: AU$10.87M
• Dividend Yield: 3.5%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 57.6
• Beta (1Y): -0.12
• Revenue Growth: -50.00%
• EPS Growth: -52.07%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): >-0.01
• Shares Outstanding: 5,436,753
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -0.92
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 24.07
• P/FCF Ratio: 14.13
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: AU$2.00 ▲(0.00% Upside)

Imperial Pacific Limited's overall stock score is primarily influenced by its strong balance sheet and positive cash flow generation. However, the high P/E ratio and overbought technical indicators suggest caution. The lack of earnings call data and corporate events limits additional insights.

Positive Factors

Strong balance sheet

Extremely low leverage and a high equity ratio provide durable financial resilience for a capital-intensive resort operation. This capital structure lowers default risk, preserves borrowing capacity for renovations or expansion, and supports multi‑period strategy through tourism cycles.

Improving cash generation

Positive free cash flow growth and FCF covering net income indicate the business is converting earnings into cash more reliably. Sustained cash generation supports capex, debt servicing, dividends and strategic investments, strengthening long‑term operational flexibility.

High reported gross and net margins

Very high gross and reported net margins suggest strong pricing power or favorable revenue mix in core gaming and hospitality segments. If maintained, such structural margin advantages can underpin long‑term profitability despite cyclical tourism demand.

Negative Factors

Sharp revenue decline

A sustained collapse in top‑line scale undermines unit economics for a fixed‑cost resort business. Prolonged revenue contractions reduce margin leverage, impede reinvestment, and increase sensitivity to competition and tourism cycles, threatening long‑term growth prospects.

Negative operating profitability

Negative EBIT/EBITDA point to structural operational inefficiencies or elevated fixed costs relative to revenue. Persistent operating losses erode cash cushions, limit reinvestment capacity, and make the business dependent on financing or asset sales to sustain operations.

Weak return on equity

A low and falling ROE signals limited effectiveness in converting shareholder capital into earnings. Over time this reflects poor capital allocation or underperforming assets, which can constrain investor support and reduce resources available for strategic initiatives.

Imperial Pacific Limited Business Overview & Revenue Model

Company Description

Imperial Pacific Limited is a publicly owned asset management holding company. Through its subsidiaries, it operates as an investment and financial services company in Australia. It is involved in the portfolio management of London City Equities Limited, as well as nominee shareholding activities. The company was formerly known as Belmont Holdings Limited and changed its name to Imperial Pacific Limited in 2011. Imperial Pacific Limited was founded in 1936 and is based in Sydney, Australia.

How the Company Makes Money

Imperial Pacific Limited generates revenue primarily through its gaming operations, including casino activities, which contribute a significant portion of its income. The company earns money from gaming tables, slot machines, and associated leisure activities within its resort. Additionally, IPC benefits from its hospitality services, such as hotel accommodations, restaurants, and entertainment offerings, which attract tourists and generate ancillary revenue. Partnerships with local businesses and tourism operators also enhance its revenue streams by promoting the resort and its facilities. Factors contributing to IPC's earnings include the growth of the tourism sector in Saipan, high-value clientele in the gaming industry, and the increasing popularity of luxury travel experiences.

Imperial Pacific Limited Financial Statement Overview

Summary

Imperial Pacific Limited has a strong balance sheet with low leverage and a high equity ratio, but faces challenges with declining revenue and profitability margins. Cash flow generation is improving, yet operational inefficiencies are evident with negative EBIT and EBITDA margins.

Income Statement

Imperial Pacific Limited's income statement shows a significant decline in revenue growth, with a negative growth rate of -54.66% in the latest year. The gross profit margin remains high at 100%, indicating strong cost management. However, the net profit margin has decreased slightly to 49.74% from 51.83% in the previous year. The EBIT and EBITDA margins have turned negative, indicating potential operational inefficiencies or increased costs.

Balance Sheet

The balance sheet of Imperial Pacific Limited is relatively strong, with a low debt-to-equity ratio of 0.0129, suggesting low financial leverage. The return on equity has decreased to 1.73%, indicating reduced profitability for shareholders. The equity ratio remains healthy at 87.12%, reflecting a strong capital structure.

Cash Flow

Cash flow analysis shows a positive free cash flow growth rate of 3.45%, indicating improved cash generation. The operating cash flow to net income ratio is 0.50, suggesting that operating cash flows are supporting net income. The free cash flow to net income ratio is stable at 1.0, indicating that the company is generating sufficient cash to cover its net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	371.19K	371.19K	742.36K	395.50K	343.19K	223.90K
Gross Profit	422.40K	371.19K	742.36K	395.50K	343.19K	223.90K
EBITDA	1.80K	-3.36K	436.47K	95.62K	64.83K	-55.70K
Net Income	184.63K	184.63K	384.75K	113.03K	758.24K	-118.14K
Balance Sheet
Total Assets	12.27M	12.27M	11.32M	8.88M	9.32M	7.81M
Cash, Cash Equivalents and Short-Term Investments	53.01K	53.01K	24.01K	19.91K	55.49K	48.98K
Total Debt	137.37K	137.37K	45.72K	91.51K	133.23K	21.92K
Total Liabilities	1.58M	1.58M	1.73M	1.61M	1.66M	1.37M
Stockholders Equity	10.68M	10.68M	9.58M	7.28M	7.67M	6.44M
Cash Flow
Free Cash Flow	632.26K	632.26K	140.76K	151.10K	261.03K	-20.51K
Operating Cash Flow	632.26K	632.26K	140.76K	151.10K	261.03K	-20.51K
Investing Cash Flow	-8.02K	-8.02K	-141.73K	5.39K	-171.16K	-1.90M
Financing Cash Flow	-595.24K	-595.24K	5.08K	-192.07K	-83.36K	1.93M

Imperial Pacific Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IPC, the sentiment is Positive. The current price of 2 is below the 20-day moving average (MA) of 2.00, above the 50-day MA of 1.91, and above the 200-day MA of 1.73, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IPC.

Imperial Pacific Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
QUE	63 Neutral	AU$1.52M	2.11	27.06%	―	387.73%	-57.17%
PVL	62 Neutral	AU$23.12M	9.35	13.13%	―	101.80%	355.88%
IPC	54 Neutral	AU$10.87M	57.64	1.82%	3.50%	-50.00%	-52.07%
BPH	54 Neutral	AU$14.89M	1.75	19.93%	―	―	29.55%
SOR	45 Neutral	AU$25.56M	-9.82	-55.22%	―	66.69%	5.17%
KBC	43 Neutral	AU$9.72M	―	―	―	―	―

Imperial Pacific Limited Corporate Events

Imperial Pacific Boosts Net Assets on Portfolio Gains and Excelsior Liquidation Prospect

Imperial Pacific reported a strong improvement in its net asset position for the half year to 31 December 2025, with shareholders’ equity rising to $12.7 million from $10.2 million a year earlier and net assets per share increasing to $2.33. The company’s investment portfolio grew 17% over the period, driven largely by excellent growth in London City’s portfolio and the announced liquidation of Excelsior Capital, in which London City and Imperial Pacific hold 9% and 2% respectively. While the half-year figures do not yet reflect potential proceeds and franking credits from the Excelsior liquidation, the board highlighted an expected large dividend and capital return from that process. The results also include an accrual for a modest performance fee to be assessed in June, and the company paid a fully franked dividend of 7.0 cents per share in October, underscoring its ongoing capital management and shareholder-return focus.

The most recent analyst rating on (AU:IPC) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Imperial Pacific Limited stock, see the AU:IPC Stock Forecast page.

London City Equities Settles Legal Dispute with Excelsior Capital

London City Equities Limited has reached an agreement with Excelsior Capital Limited to withdraw its legal action in the Federal Court of Australia, initially set for trial in February 2026. Excelsior has committed to a company-managed liquidation process, aiming to convert assets into cash, pay liabilities, distribute a fully franked dividend, return capital, and delist from the ASX by June 2026. This resolution aligns with London City’s initial objectives, allowing it to save on legal costs and focus on its investment portfolio. While the exact financial impact on London City is unclear due to limited information on Excelsior’s finances, the increase in cash assets and franking credits is expected to be advantageous.

The most recent analyst rating on (AU:IPC) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Imperial Pacific Limited stock, see the AU:IPC Stock Forecast page.