Palace Capital PLC (GB:PCA)
LSE:PCA
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Palace Capital
(LSE:PCA)
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Rating:66Neutral
Price Target:
193.00 p
▼(-8.10% Downside)
Action:ReiteratedDate:12/30/25
The score is primarily supported by improved financial stability (debt eliminated) and strong recent cash generation, plus shareholder-return-focused corporate actions. Offsetting factors include multi-year revenue decline and volatility in results, with only modest technical momentum and a valuation that is helped by the yield but limited by a mid-to-high P/E.
Positive Factors
Balance sheet strength
Elimination of debt materially lowers refinancing and interest risk, increasing financial flexibility over the medium term. A debt-free position enables the company to fund distributions, opportunistic asset purchases or selective capex from operating cash, improving resilience to market cycles.
Negative Factors
Multi-year revenue decline
Sustained revenue decline reduces scale, erodes bargaining power with tenants and contractors, and pressures long-term margin stability. If top-line contraction reflects structural demand weakness in regional office assets, it limits growth prospects and increases dependency on asset sales to meet cash needs.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Elimination of debt materially lowers refinancing and interest risk, increasing financial flexibility over the medium term. A debt-free position enables the company to fund distributions, opportunistic asset purchases or selective capex from operating cash, improving resilience to market cycles.
Read all positive factors
Palace Capital (PCA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£36.10M
Dividend Yield7.14%
Average Volume (3M)49.56K
Price to Earnings (P/E)54.7
Beta (1Y)0.41
Revenue Growth-41.22%
EPS GrowthN/A
CountryUK
Employees8
SectorReal Estate
Sector Strength53
IndustryREIT - Diversified
Share Statistics
EPS (TTM)0.04
Shares Outstanding20,224,775
10 Day Avg. Volume40,225
30 Day Avg. Volume49,557
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)0.92
Price to Sales (P/S)5.06
P/FCF Ratio9.74
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)0.11
Revenue Forecast (FY)N/A
Palace Capital Business Overview & Revenue Model
Company Description
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom....
How the Company Makes Money
null...
Palace Capital Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
74
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.17M | 13.24M | 19.60M | 32.97M | 49.06M | 17.32M |
| Gross Profit | 1.31M | 5.38M | 9.82M | 15.83M | 18.66M | 15.82M |
| EBITDA | -182.00K | 1.53M | -7.52M | -32.02M | 27.56M | -2.33M |
| Net Income | 2.64M | 1.42M | -9.36M | -35.70M | 24.55M | -5.53M |
Balance Sheet | ||||||
| Total Assets | 52.19M | 77.02M | 110.75M | 201.77M | 288.62M | 301.24M |
| Cash, Cash Equivalents and Short-Term Investments | 4.64M | 22.22M | 19.77M | 5.51M | 28.14M | 9.42M |
| Total Debt | 0.00 | 0.00 | 8.29M | 64.88M | 102.31M | 129.24M |
| Total Liabilities | 2.77M | 4.52M | 12.98M | 73.30M | 111.42M | 143.41M |
| Stockholders Equity | 49.42M | 72.50M | 97.77M | 128.47M | 177.20M | 157.83M |
Cash Flow | ||||||
| Free Cash Flow | 3.44M | 6.88M | -443.00K | 13.07M | 26.14M | -14.68M |
| Operating Cash Flow | -701.00K | 7.05M | 1.10M | 14.45M | 32.68M | 6.54M |
| Investing Cash Flow | 17.74M | 30.46M | 90.67M | 14.03M | 18.04M | -14.84M |
| Financing Cash Flow | -33.69M | -35.06M | -77.52M | -51.12M | -32.00M | 3.82M |
Palace Capital Technical Analysis
Negative
210.00
Price Trends
199.29
Negative
199.79
Negative
204.51
Negative
Market Momentum
-5.18
Negative
37.32
Neutral
27.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PCA, the sentiment is Negative. The current price of 210 is above the 20-day moving average (MA) of 187.00, above the 50-day MA of 199.29, and above the 200-day MA of 204.51, indicating a bearish trend. The MACD of -5.18 indicates Negative momentum. The RSI at 37.32 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PCA.
Palace Capital Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £62.47M | 4.85 | 10.22% | 8.23% | 8.48% | 207.85% | |
71 Outperform | £165.97M | 9.16 | 7.33% | 7.43% | -10.95% | -30.09% | |
67 Neutral | £239.66M | 5.97 | 9.81% | 6.64% | ― | ― | |
66 Neutral | £36.10M | 54.66 | 4.33% | 7.14% | -41.22% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
51 Neutral | £51.93M | -11.90 | -0.96% | 5.02% | -9.28% | ― | |
46 Neutral | £49.46M | -9.68 | -4.75% | 3.94% | 16.08% | 56.94% |
* Real Estate Sector Average
GB:PCA
Palace Capital
178.50
-18.48
-9.38%
GB:AEWU
AEW UK REIT
104.60
14.10
15.58%
GB:RLE
Real Estate ate ate Investors
29.70
1.96
7.07%
GB:SREI
Schroder Real Estate ate ate Investment
49.00
5.28
12.08%
GB:TOWN
Town Centre Securities
117.50
-2.81
-2.34%
GB:AIRE
Alternative Income REIT Plc
77.60
13.66
21.36%
Palace Capital Corporate Events
Business Operations and StrategyDividendsRegulatory Filings and Compliance
Palace Capital Tightens Dividend Policy and Corrects Past PID Misclassification
Neutral
Mar 19, 2026
Palace Capital has reviewed its historic dividend practice and concluded that paying quarterly dividends in excess of EPRA earnings per share effectively returned shareholders’ net asset value, a policy the board now deems misaligned with in...
Business Operations and StrategyM&A Transactions
Palace Capital Exits Halifax as It Accelerates Regional Asset Disposals
Positive
Feb 9, 2026
Palace Capital has exchanged contracts to sell its investment property at Broad Street Plaza in Halifax for £9.9 million, reflecting a 14.9% net initial yield and an 8.7% premium to its September 2025 valuation. Completion is expected in the ...
Business Operations and StrategyM&A Transactions
Palace Capital Exits Halifax Asset with Premium Disposal
Positive
Feb 9, 2026
Palace Capital has exchanged contracts to sell its investment property at Broad Street Plaza in Halifax for £9.9 million, reflecting a 14.9% net initial yield and an 8.7% premium to its September 2025 valuation. Completion is expected in the ...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Palace Capital Accelerates Wind-Down as Lakestreet Co-Founders Take Board Helm
Neutral
Jan 23, 2026
Palace Capital has confirmed that a previously requisitioned general meeting, linked to shareholder pressure from Lakestreet Capital, has been withdrawn as the company’s managed wind-down nears completion, with over £160 million of asse...
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.