Top Page
Palace Capital
(LSE:PCA)
Palace Capital (PCA) vs. S&P 500 (SPY)
Palace Capital Business Overview & Revenue Model
Palace Capital Financial Statement Overview
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 19.60M | 32.97M | 49.06M | 17.32M | 21.15M | Gross Profit |
| 9.82M | 15.83M | 18.66M | 15.82M | 18.57M | EBIT |
| 5.83M | 10.06M | 27.55M | 10.52M | 13.71M | EBITDA |
| -7.52M | 10.38M | 14.90M | -2.33M | -5.42M | Net Income Common Stockholders |
| -9.36M | -35.70M | 24.55M | -5.53M | -5.44M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 19.77M | 5.51M | 28.14M | 9.42M | 14.92M | Total Assets |
| 110.75M | 201.77M | 288.62M | 301.24M | 303.45M | Total Debt |
| 8.29M | 64.88M | 102.31M | 129.24M | 121.48M | Net Debt |
| -11.48M | 59.37M | 74.17M | 119.83M | 106.56M | Total Liabilities |
| 12.98M | 73.30M | 111.42M | 143.41M | 137.10M | Stockholders Equity |
| 97.77M | 128.47M | 177.20M | 157.83M | 166.35M |
| Cash Flow | Free Cash Flow | |||
| -443.00K | 13.07M | 26.14M | -14.68M | 9.88M | Operating Cash Flow |
| 1.10M | 14.45M | 32.68M | 6.54M | 9.91M | Investing Cash Flow |
| 90.67M | 14.03M | 18.04M | -14.84M | -10.10M | Financing Cash Flow |
| -77.52M | -51.12M | -32.00M | 3.82M | -8.31M |
Palace Capital Technical Analysis
Palace Capital Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £3.95B | 8.39 | 9.95% | 4.57% | 7.75% | 276.67% | |
72 Outperform | £2.17B | 18.68 | 3.29% | 4.12% | 3.70% | ― | |
71 Outperform | £9.04B | 14.90 | 5.18% | 4.40% | -9.88% | ― | |
68 Neutral | £3.95B | 21.71 | 3.17% | 5.62% | -30.83% | ― | |
60 Neutral | $2.82B | 10.41 | 0.43% | 8531.49% | 6.00% | -17.35% | |
58 Neutral | £63.84M | ― | -11.12% | 6.79% | -49.23% | 49.40% | |
47 Neutral | £4.39B | 41.63 | 6.13% | 6.63% | -1.73% | ― |
Palace Capital Corporate Events
Palace Capital PLC has made significant progress in its strategy to return capital to shareholders by disposing of investment and residential properties, achieving sales above valuations and becoming debt-free. The company plans to continue selling remaining properties, with a focus on improving market conditions for leisure assets, while reducing administrative expenses to enhance operational efficiency.
Spark’s Take on GB:PCA Stock
According to Spark, TipRanks’ AI Analyst, GB:PCA is a Neutral.
Palace Capital faces ongoing financial challenges, with consistent net losses and negative cash flow impacting its score significantly. Technical analysis indicates bearish momentum, while a high dividend yield offers some investor attraction. The company’s recent strategic property disposals and dividend announcement positively impact sentiment but do not fully offset the broader financial issues.
To see Spark’s full report on GB:PCA stock, click here.
Palace Capital PLC has announced a change in its voting rights structure following an acquisition by Peter Gyllenhammar AB, a Swedish entity. The acquisition has increased Peter Gyllenhammar AB’s voting rights in Palace Capital to 17.098%, up from 16.01%, indicating a significant stake in the company. This change in voting rights could potentially impact the company’s strategic decisions and influence its market positioning.
Spark’s Take on GB:PCA Stock
According to Spark, TipRanks’ AI Analyst, GB:PCA is a Neutral.
Palace Capital faces ongoing financial challenges, with consistent net losses and negative cash flow impacting its score significantly. Technical analysis indicates bearish momentum, while a high dividend yield offers some investor attraction. The company’s recent strategic property disposals and dividend announcement positively impact sentiment but do not fully offset the broader financial issues.
To see Spark’s full report on GB:PCA stock, click here.
Palace Capital PLC has announced the completion of several property disposals, including the sale of two investment properties for £14.8 million, which exceeded their March 2024 valuation by 9.6%. The company has also sold Nicholson Gate, Fareham, and a penthouse apartment in Hudson Quarter, York. These sales have allowed Palace Capital to repay an £8.0 million loan, leaving the company debt-free and with a cash reserve of £32.1 million. The company plans to provide further details on its asset management activities and strategy for remaining properties in an upcoming trading update. Additionally, following shareholder discussions, Palace Capital anticipates announcing a significant return of capital through a tender offer.
Spark’s Take on GB:PCA Stock
According to Spark, TipRanks’ AI Analyst, GB:PCA is a Neutral.
Palace Capital’s stock score is primarily impacted by its financial performance challenges, including net losses and cash flow volatility. The technical analysis suggests bearish momentum, which further weighs on the score. The negative P/E ratio is offset by a high dividend yield, providing some appeal to investors seeking income. The recent dividend announcement offers a positive sentiment boost, yet overall risks remain due to operational and financial challenges.
To see Spark’s full report on GB:PCA stock, click here.
Palace Capital PLC has announced a quarterly dividend of 3.75 pence per ordinary share for the period ending 31 December 2024. This dividend includes a Property Income Distribution of 1.35 pence and a Non-Property Income Distribution of 2.40 pence, with payments scheduled for 22 April 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor sentiment positively.