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Pacific Century Regional Developments

DB:PFQ
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PFQ
DB
SGD861M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Pacific Century Regional Developments Limited, an investment holding company, provides business management and consultancy services. The last earnings update was 60 days ago. More info.


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PFQ Share Price and Events
7 Day Returns
-1%
DB:PFQ
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
-6.5%
DB:PFQ
1.4%
DE Diversified Financial
3%
DE Market
PFQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pacific Century Regional Developments (PFQ) -1% -1% -5.7% -6.5% 2.6% 33.3%
DE Diversified Financial 5% 7.8% -5% 1.4% 75.8% 333.7%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • PFQ underperformed the Diversified Financial industry which returned 1.4% over the past year.
  • PFQ underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
PFQ
Industry
5yr Volatility vs Market

Value

 Is Pacific Century Regional Developments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Pacific Century Regional Developments to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Pacific Century Regional Developments.

DB:PFQ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= SGD0.52 * 6.2%
SGD0.03
Book Value of Equity per Share Median Book Value from the past 5 years. SGD0.52
Discount Rate (Cost of Equity) See below 5.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PFQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.72 (1 + (1- 17%) (27.53%))
0.859
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.859 * 5.96%)
5.35%

Discounted Cash Flow Calculation for DB:PFQ using Excess Returns Model Model

The calculations below outline how an intrinsic value for Pacific Century Regional Developments is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:PFQ Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.2% – 5.35%) * SGD0.52)
SGD0.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= SGD0.00 / (5.35% - 0.23%)
SGD0.08
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= SGD0.52 + SGD0.08
SGD0.61
DB:PFQ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PFQ represents 0.61538x of SGX:P15
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.61538x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.61 x 0.61538
€0.37
Value per share (EUR) From above. €0.37
Current discount Discount to share price of €0.20
= -1 x (€0.20 - €0.37) / €0.37
46.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Pacific Century Regional Developments is available for.
Intrinsic value
46%
Share price is €0.2 vs Future cash flow value of €0.37289
Current Discount Checks
For Pacific Century Regional Developments to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Pacific Century Regional Developments's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Pacific Century Regional Developments's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pacific Century Regional Developments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pacific Century Regional Developments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PFQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in SGD SGD0.02
SGX:P15 Share Price ** SGX (2019-10-11) in SGD SGD0.33
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pacific Century Regional Developments.

DB:PFQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:P15 Share Price ÷ EPS (both in SGD)

= 0.33 ÷ 0.02

20.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacific Century Regional Developments is good value based on earnings compared to the DE Diversified Financial industry average.
  • Pacific Century Regional Developments is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Pacific Century Regional Developments's expected growth come at a high price?
Raw Data
DB:PFQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.4%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pacific Century Regional Developments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pacific Century Regional Developments's assets?
Raw Data
DB:PFQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in SGD SGD0.46
SGX:P15 Share Price * SGX (2019-10-11) in SGD SGD0.33
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:PFQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:P15 Share Price ÷ Book Value per Share (both in SGD)

= 0.33 ÷ 0.46

0.71x

* Primary Listing of Pacific Century Regional Developments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pacific Century Regional Developments is good value based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess Pacific Century Regional Developments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. Pacific Century Regional Developments has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Pacific Century Regional Developments expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Pacific Century Regional Developments, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pacific Century Regional Developments expected to grow at an attractive rate?
  • Pacific Century Regional Developments's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Pacific Century Regional Developments's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Pacific Century Regional Developments's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:PFQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PFQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.4%
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PFQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PFQ Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2019-06-30 17 -8 43
2019-03-31 17 -8 52
2018-12-31 16 -6 50
2018-09-30 16 -5 58
2018-06-30 15 -5 57
2018-03-31 15 -4 46
2017-12-31 15 -5 87
2017-09-30 15 -4 102
2017-06-30 15 -4 101
2017-03-31 15 -4 101
2016-12-31 13 -2 87
2016-09-30 13 -5 86

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pacific Century Regional Developments's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Pacific Century Regional Developments is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PFQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pacific Century Regional Developments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PFQ Past Financials Data
Date (Data in SGD Millions) EPS *
2019-06-30 0.02
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.03
2017-09-30 0.04
2017-06-30 0.04
2017-03-31 0.04
2016-12-31 0.03
2016-09-30 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pacific Century Regional Developments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Pacific Century Regional Developments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pacific Century Regional Developments has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Pacific Century Regional Developments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pacific Century Regional Developments's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pacific Century Regional Developments's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Pacific Century Regional Developments's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Pacific Century Regional Developments's 1-year earnings growth is negative, it can't be compared to the Europe Diversified Financial industry average.
Earnings and Revenue History
Pacific Century Regional Developments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pacific Century Regional Developments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PFQ Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 17.46 42.92 4.60
2019-03-31 17.48 52.47 3.58
2018-12-31 15.79 49.96 2.81
2018-09-30 15.59 57.52 1.74
2018-06-30 14.66 56.73 1.40
2018-03-31 14.72 46.36 1.54
2017-12-31 15.03 87.23 1.63
2017-09-30 15.24 101.74 1.59
2017-06-30 14.97 101.47 1.61
2017-03-31 14.90 101.26 1.51
2016-12-31 13.06 86.98 1.55
2016-09-30 13.15 85.55 2.78
2016-06-30 12.98 85.34 2.88
2016-03-31 12.97 85.60 2.81
2015-12-31 11.62 90.97 2.60
2015-09-30 11.57 123.89 1.58
2015-06-30 10.01 122.42 1.62
2015-03-31 10.02 122.02 1.65
2014-12-31 9.09 116.90 2.15
2014-09-30 8.98 71.93 2.76
2014-06-30 8.35 75.24 3.27
2014-03-31 12.56 78.52 3.61
2013-12-31 8.65 69.36 2.55
2013-09-30 8.81 59.04 2.65
2013-06-30 8.68 55.82 2.14
2013-03-31 5.06 51.40 3.56
2012-12-31 4.57 51.78 5.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Pacific Century Regional Developments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Pacific Century Regional Developments used its assets less efficiently than the DE Diversified Financial industry average last year based on Return on Assets.
  • Pacific Century Regional Developments has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Pacific Century Regional Developments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pacific Century Regional Developments has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Pacific Century Regional Developments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pacific Century Regional Developments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pacific Century Regional Developments's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Pacific Century Regional Developments's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pacific Century Regional Developments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pacific Century Regional Developments Company Filings, last reported 3 months ago.

DB:PFQ Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1,220.04 237.11 16.80
2019-03-31 1,448.44 81.70 20.19
2018-12-31 1,405.33 12.97 13.19
2018-09-30 1,383.19 35.06 10.70
2018-06-30 1,353.13 13.24 26.39
2018-03-31 1,403.90 12.56 60.69
2017-12-31 1,385.44 10.31 60.83
2017-09-30 1,384.62 34.65 54.98
2017-06-30 1,402.10 33.76 56.03
2017-03-31 1,067.72 97.05 48.88
2016-12-31 1,067.22 100.81 42.37
2016-09-30 991.65 117.48 39.91
2016-06-30 985.61 116.77 31.81
2016-03-31 952.24 114.31 23.33
2015-12-31 948.55 162.01 69.76
2015-09-30 876.18 106.12 25.57
2015-06-30 875.29 82.65 25.15
2015-03-31 881.83 65.37 11.81
2014-12-31 875.37 62.29 15.00
2014-09-30 849.90 16.40 22.58
2014-06-30 854.37 0.00 43.41
2014-03-31 815.00 0.00 69.87
2013-12-31 805.15 0.00 73.44
2013-09-30 760.54 0.00 58.10
2013-06-30 767.33 26.22 91.10
2013-03-31 745.85 25.63 84.02
2012-12-31 732.56 0.00 57.67
  • Pacific Century Regional Developments's level of debt (19.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 19.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Pacific Century Regional Developments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pacific Century Regional Developments has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Pacific Century Regional Developments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.38%
Current annual income from Pacific Century Regional Developments dividends.
If you bought €2,000 of Pacific Century Regional Developments shares you are expected to receive €148 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Pacific Century Regional Developments's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Pacific Century Regional Developments's dividend is above the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PFQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PFQ Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-03-29 0.024 6.850
2018-04-05 0.022 5.732
2011-11-10 0.000 0.000
2011-08-15 0.000 0.000
2011-06-03 0.000 0.000
2011-05-11 0.000 0.000
2011-04-11 0.000 0.000
2011-03-01 0.000 0.000
2010-11-12 0.000 0.000
2010-08-16 0.000 0.000
2010-04-14 0.095 50.998
2010-02-26 0.095 50.982
2009-11-11 0.083 44.764
2009-08-12 0.083 37.553
2009-05-15 0.083 36.626
2009-05-11 0.000 0.000
2009-02-27 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Pacific Century Regional Developments's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pacific Century Regional Developments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pacific Century Regional Developments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pacific Century Regional Developments has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Pacific Century Regional Developments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Anthony Allen
COMPENSATION SGD0
AGE 64
TENURE AS CEO 12.9 years
CEO Bio

Mr. Peter Anthony Allen serves as Senior Advisor to PCCW Limited. Mr. Allen serves as the Chief Financial Officer of the Pacific Century Group. He has been Group Managing Director of Pacific Century Regional Developments Limited (PCRD) since November 01, 2006 and serves as its Chief Financial Officer. He served as Group Chief Financial Officer, Head of Human Resurces and Director of Corporate Development at PCCW Limited. Mr. Allen joined KPMG in 1976 before taking up an appointment at Occidental Petroleum Corporation in 1980. In 1983, he joined Schlumberger Limited and worked in various countries holding key management positions. In 1989, he moved to Singapore as Regional Financial Director of the Vestey Group. He later joined Boustead Singapore Limited as Group Operations Controller in 1992 and Morgan Grenfell Investment Management (Asia) Limited as Director and Chief Operating Officer in 1995. Mr. Allen joined the Pacific Century Group in 1997. He served as the Chief Executive Officer of Emcom Holdings Co.,Ltd. He served as Director of Corporate Development at PCCW-HKT Limited. He has been an Executive Director of Pacific Century Regional Developments Limited since November 01, 1997. He serves as an Executive Director of Pacific Century Group. He serves as a Non-Executive Director of HKT Limited. He has been a Non-Executive Director of HKT Management Limited at HKT Trust and HKT Limited since November 11, 2011. He serves as a Director of The AdSociety Group. He served as a Non-Executive Director of PCCW-HKT. He served as a Non-Executive Director of Ageas Asia Holdings Limited from March 1, 2006 to June 2007. He served as a Director of Emcom Holdings Co.,Ltd. He served as an Executive Director of PCCW Limited from August 3, 1999 to November 29, 2011. He is a fellow of the Institute of Chartered Accountants in England and Wales, a Fellow Member CPA Australia and a Fellow of the Institute of Certified Public Accountants of Singapore. Mr. Allen was educated in England and Graduated from the University of Sussex with a Degree in Economics.

CEO Compensation
  • Insufficient data for Peter Anthony to compare compensation growth.
  • Insufficient data for Peter Anthony to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Peter Anthony Allen

TITLE
Group MD
AGE
64
TENURE
12.9 yrs

Richard Li

TITLE
Executive Chairman
AGE
52

Beng Jin Lim

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Pacific Century Regional Developments board of directors in years:

6
Average Tenure
61
Average Age
  • The tenure for the Pacific Century Regional Developments board of directors is about average.
Board of Directors

Richard Li

TITLE
Executive Chairman
AGE
52
TENURE
25.8 yrs

Francis Yuen

TITLE
Independent Non-Executive Deputy Chairman
AGE
67
TENURE
14.6 yrs

Peter Anthony Allen

TITLE
Group MD
AGE
64
TENURE
21.9 yrs

Tom Yee

TITLE
Lead Independent Director
AGE
84
TENURE
5.6 yrs

Frances Waikwun Wong

TITLE
Independent Non-Executive Director
AGE
57
TENURE
6.3 yrs

Laura Deal-Lacey

TITLE
Independent Non-Executive Director
TENURE
4.7 yrs

Wayne Verge

TITLE
Non-Executive Director
TENURE
2.2 yrs

Chris Fossick

TITLE
Independent Non-Executive Director
AGE
58
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Pacific Century Regional Developments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pacific Century Regional Developments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Pacific Century Regional Developments Limited, an investment holding company, provides business management and consultancy services. It holds interests in telecommunications, media, IT solutions, logistics, and property development and investment businesses in the Asia-Pacific region. The company was formerly known as Seapower Asia Investments Limited and changed its name to Pacific Century Regional Developments Limited in November 1994. The company was incorporated in 1963 and is headquartered in Singapore. Pacific Century Regional Developments Limited is a subsidiary of Pacific Century Group (Cayman Islands) Limited.

Details
Name: Pacific Century Regional Developments Limited
PFQ
Exchange: DB
Founded: 1963
SGD568,274,854
2,649,740,300
Website: http://www.pcrd.com
Address: Pacific Century Regional Developments Limited
No. 35-01 Singapore Land Tower,
50 Raffles Place,
Singapore,
048623,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX P15 Ordinary Shares Singapore Exchange SG SGD 02. Jan 1992
OTCPK PCDV.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB PFQ Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Pacific Century Regional Developments employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:33
End of day share price update: 2019/10/11 00:00
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.