PM Capital Global Opportunities Fund Ltd. (AU:PGF)
ASX:PGF
Top Page
PM Capital Global Opportunities Fund Ltd.
(Sydney:PGF)
Select Model
Select Model
Rating:73Outperform
Price Target:
AU$3.50
â–²(17.85% Upside)
Action:ReiteratedDate:10/25/25
The overall stock score of 73 reflects strong financial performance, particularly in profitability and balance sheet strength, combined with attractive valuation metrics. However, cash flow challenges and moderate technical indicators slightly temper the overall positive outlook.
Positive Factors
High Profitability
Very high gross and net margins indicate the fund captures large valuation gains and retains them after costs. For an LIC, persistently strong margins support dividend capacity and leave room to absorb fees, underpinning durable shareholder returns when realized gains recur.
Negative Factors
Weak Cash Generation
Reported earnings are not translating into operating cash, indicating reliance on paper gains or asset sales to fund distributions. Persistent negative cash flow can force realizations during poor markets, stressing long-term payout sustainability and reducing strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Very high gross and net margins indicate the fund captures large valuation gains and retains them after costs. For an LIC, persistently strong margins support dividend capacity and leave room to absorb fees, underpinning durable shareholder returns when realized gains recur.
Read all positive factors
PM Capital Global Opportunities Fund Ltd. (PGF) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend Yield3.98%
Average Volume (3M)1.33M
Price to Earnings (P/E)2.0
Beta (1Y)0.69
Revenue Growth-134.47%
EPS Growth15.25%
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management - Global
Share Statistics
EPS (TTM)0.37
Shares Outstanding479,924,350
10 Day Avg. Volume380,314
30 Day Avg. Volume1,331,052
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)1.19
Price to Sales (P/S)4.95
P/FCF Ratio-67.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PM Capital Global Opportunities Fund Ltd. Business Overview & Revenue Model
Company Description
PM Capital Global Opportunities Fund Limited is a closed ended equity mutual fund launched and managed by PM CAPITAL Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating ...
How the Company Makes Money
PGF makes money primarily by generating investment returns from its portfolio. Its main economic earnings drivers are: (1) dividend and distribution income received from holdings in equities and other income-producing securities; (2) realized capi...
PM Capital Global Opportunities Fund Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.93M | 246.10M | 35.99M | 184.23M | 2.00M | 213.66M |
| Gross Profit | -4.05M | 244.70M | -131.76M | 165.15M | -15.24M | 204.43M |
| EBITDA | 250.06M | 233.28M | 173.18M | 176.71M | -4.82M | 208.48M |
| Net Income | 177.18M | 168.19M | 125.53M | 126.77M | -1.27M | 146.39M |
Balance Sheet | ||||||
| Total Assets | 1.48B | 1.25B | 929.99M | 807.40M | 617.50M | 644.40M |
| Cash, Cash Equivalents and Short-Term Investments | 1.47B | 6.43M | 31.98M | 23.09M | 41.93M | 25.27M |
| Total Debt | 72.41M | 65.42M | 49.45M | 53.35M | 10.20M | 32.12M |
| Total Liabilities | 303.67M | 225.63M | 171.33M | 135.61M | 62.35M | 106.88M |
| Stockholders Equity | 1.18B | 1.03B | 758.65M | 671.79M | 555.15M | 537.52M |
Cash Flow | ||||||
| Free Cash Flow | -32.04M | -18.15M | 4.87M | -16.38M | -19.72M | 6.44M |
| Operating Cash Flow | -32.04M | -18.15M | 4.87M | -16.38M | -19.72M | 6.44M |
| Investing Cash Flow | 48.84M | -123.31M | 46.74M | -35.09M | 39.02M | 28.63M |
| Financing Cash Flow | -27.44M | 100.27M | -38.67M | -10.13M | 18.90M | -19.30M |
PM Capital Global Opportunities Fund Ltd. Technical Analysis
Positive
2.97
Price Trends
2.95
Negative
2.88
Positive
2.73
Positive
Market Momentum
-0.04
Negative
55.22
Neutral
86.90
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PGF, the sentiment is Positive. The current price of 2.97 is above the 20-day moving average (MA) of 2.81, above the 50-day MA of 2.95, and above the 200-day MA of 2.73, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 55.22 is Neutral, neither overbought nor oversold. The STOCH value of 86.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PGF.
PM Capital Global Opportunities Fund Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | AU$978.19M | 8.64 | 14.51% | 4.92% | 21.81% | -43.93% | |
73 Outperform | ― | 1.99 | 27.73% | 3.98% | -134.47% | 15.25% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | AU$58.20M | 4.79 | 8.15% | 7.22% | 21.16% | 47.24% | |
57 Neutral | AU$272.99M | 10.89 | 12.36% | 2.86% | -26.30% | 40.12% | |
52 Neutral | AU$98.58M | 2.59 | 23.10% | ― | -0.51% | ― |
* Financial Sector Average
AU:PGF
PM Capital Global Opportunities Fund Ltd.
2.93
0.81
38.34%
AU:PNC
Pioneer Credit Ltd
0.62
0.26
72.22%
AU:RPL
VGI Partners Ltd.
2.66
1.11
71.39%
AU:COG
COG Financial Services Limited
1.28
0.19
17.43%
AU:ENN
Elanor Investors Group
0.82
0.00
0.00%
AU:PFG
Prime Financial Group Limited
0.23
0.02
9.76%
PM Capital Global Opportunities Fund Ltd. Corporate Events
PM Capital Global Opportunities Fund Outperforms in Volatile February as Key Holdings Rally
Mar 10, 2026
PM Capital Global Opportunities Fund reported a 2.9% gain in February 2026, beating a broadly weaker global market and lifting its cumulative return since its 2013 inception to 565.7% on a net-of-fees basis. The fund’s NTA before tax accrual...
PM Capital Global Opportunities Fund Posts Updated NTA and Confirms Dividend Timing
Mar 8, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited weekly net tangible asset position as at 6 March 2026, showing NTA per share of $2.75 before tax accruals and $2.37 after tax, excluding deferred tax assets. These metrics offer ...
PM Capital Global Opportunities Fund Posts Updated NTA and Confirms Upcoming Dividend
Mar 1, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited net tangible asset backing per share as at 28 February 2026, with NTA before tax accruals at $2.91 and NTA after tax at $2.47. These metrics give investors an updated view of the...
PM Capital Global Opportunities Fund Outperforms Market on Copper and European Bank Strength
Feb 10, 2026
PM Capital Global Opportunities Fund reported a 2.3% net return for January 2026, significantly outperforming global equity markets, which fell 2.7% in AUD terms, and lifting its cumulative return since inception to 546.8%. The portfolio’s g...
PM Capital Global Opportunities Fund Posts Weekly NTA Update and Indicative Yield
Feb 8, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited weekly net tangible asset backing per ordinary share as at 6 February 2026, with NTA before tax accruals at $2.95 and NTA after tax, excluding deferred tax assets, at $2.50. The ...
PM Capital Global Opportunities Fund Posts Weekly NTA Update and Signals 5.82% Yield
Feb 2, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited weekly net tangible asset (NTA) backing per ordinary share as at 31 January 2026, with NTA before tax accruals of $2.91 and NTA after tax (excluding deferred tax assets) of $2.47...
PM Capital Flags Rail Mega-Merger as Pivotal Moment for U.S. Freight Industry
Jan 30, 2026
In its December 2025 quarterly report, PM Capital Global Opportunities Fund reiterated its commitment to a long-term, valuation-focused investment approach, emphasising the use of market volatility as an opportunity and positioning its portfolio f...
PM Capital Global Opportunities Fund Posts Weekly NTA and 5.78% Indicative Yield
Jan 26, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited weekly net tangible asset (NTA) backing per ordinary share as at 23 January 2026, with NTA before tax accruals of $2.91 and NTA after tax (excluding deferred tax assets) of $2.47...
PM Capital Global Opportunities Fund Posts Weekly NTA and Reaffirms Dividend Yield Guidance
Jan 18, 2026
PM Capital Global Opportunities Fund Ltd. has reported its unaudited net tangible asset backing per ordinary share as at 16 January 2026, with NTA before tax accruals at $2.94 and NTA after tax (excluding deferred tax assets) at $2.50. The company...
PM Capital Global Opportunities Fund Outperforms in December on Metals and European Banks
Jan 12, 2026
PM Capital Global Opportunities Fund reported a 3.1% portfolio gain in December 2025, significantly outperforming the MSCI World Net Total Return Index, which fell 0.9% in Australian dollar terms. The result was driven by strong gains in European ...
PM Capital Global Opportunities Fund Posts Weekly NTA Update
Jan 11, 2026
PM Capital Global Opportunities Fund Ltd has reported its unaudited weekly net tangible asset backing per share as at 9 January 2026, with NTA before tax accruals at $2.92 and NTA after tax (excluding deferred tax assets) at $2.48. The update, whi...
PM Capital Global Opportunities Fund Posts Weekly NTA and Confirms 6.01% Yield Indicator
Jan 4, 2026
PM Capital Global Opportunities Fund has reported its unaudited weekly net tangible asset backing per ordinary share as at 2 January 2026, with NTA before tax accruals at $2.87 and NTA after tax (excluding deferred tax assets) at $2.45. The compan...
PM Capital Global Opportunities Fund Reports Updated NTA for 24 December 2025
Dec 28, 2025
PM Capital Global Opportunities Fund Ltd. has reported its unaudited net tangible asset backing per ordinary share as at 24 December 2025, with NTA before tax accruals of $2.87 and NTA after tax (excluding deferred tax assets) of $2.44. The disclo...
PM Capital Global Opportunities Fund Posts Updated NTA and Reiterates 6.17% Yield
Dec 22, 2025
PM Capital Global Opportunities Fund Ltd. has reported its unaudited net tangible asset (NTA) backing per ordinary share as at 19 December 2025, with NTA before tax accruals at $2.86 and NTA after tax (excluding deferred tax assets) at $2.44. The ...
PM Capital Global Opportunities Fund Ltd. Reports NTA and Dividend Guidance
Dec 14, 2025
PM Capital Global Opportunities Fund Ltd. announced its Net Tangible Asset (NTA) backing per ordinary share as of December 12, 2025, with figures showing $2.82 before tax accruals and $2.41 after tax. The company also provided a forward guidance o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.