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Premier Asset Management Group

AIM:PAM
Snowflake Description

Flawless balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PAM
AIM
£182M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

The last earnings update was 173 days ago. More info.


Add to Portfolio Compare Print
  • Premier Asset Management Group is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PAM Share Price and Events
7 Day Returns
0%
AIM:PAM
-0.3%
GB Capital Markets
-0.5%
GB Market
1 Year Returns
-10.4%
AIM:PAM
18.8%
GB Capital Markets
3.7%
GB Market
PAM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Premier Asset Management Group (PAM) 0% 1.7% 1.7% -10.4% 40.6% -
GB Capital Markets -0.3% -1.2% 3.2% 18.8% 63.8% 107.4%
GB Market -0.5% 1.4% 3.1% 3.7% 7.8% 3.8%
1 Year Return vs Industry and Market
  • PAM underperformed the Capital Markets industry which returned 18.8% over the past year.
  • PAM underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 3.7% over the past year.
Price Volatility
PAM
Industry
5yr Volatility vs Market

PAM Value

 Is Premier Asset Management Group 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 Premier Asset Management Group 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 Premier Asset Management Group.

AIM:PAM 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
= £0.43 * 23.2%
£0.10
Book Value of Equity per Share Median Book Value from the past 5 years. £0.43
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 AIM:PAM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 19%) (0%))
0.835
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.835 * 6.65%)
6.78%

Discounted Cash Flow Calculation for AIM:PAM using Excess Returns Model Model

The calculations below outline how an intrinsic value for Premier Asset Management Group 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.

AIM:PAM Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (23.2% – 6.78%) * £0.43)
£0.07
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.07 / (6.78% - 1.23%)
£1.28
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.43 + £1.28
£1.72
AIM:PAM Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.72
Current discount Discount to share price of £1.80
= -1 x (£1.80 - £1.72) / £1.72
-4.7%

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

  • The current share price of Premier Asset Management Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Premier Asset Management Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Premier Asset Management Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:PAM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in GBP £0.11
AIM:PAM Share Price ** AIM (2019-11-12) in GBP £1.8
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PE Ratio Median Figure of 42 Publicly-Listed Capital Markets Companies 20.19x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 752 Publicly-Listed Companies 16.92x

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

** Primary Listing of Premier Asset Management Group.

AIM:PAM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:PAM Share Price ÷ EPS (both in GBP)

= 1.8 ÷ 0.11

15.68x

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

  • Premier Asset Management Group is good value based on earnings compared to the GB Capital Markets industry average.
  • Premier Asset Management Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Premier Asset Management Group's expected growth come at a high price?
Raw Data
AIM:PAM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
10.8%per year
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PEG Ratio Median Figure of 25 Publicly-Listed Capital Markets Companies 1.1x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 555 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

AIM:PAM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.68x ÷ 10.8%

1.45x

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

  • Premier Asset Management Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Premier Asset Management Group's assets?
Raw Data
AIM:PAM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in GBP £0.43
AIM:PAM Share Price * AIM (2019-11-12) in GBP £1.8
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry PB Ratio Median Figure of 75 Publicly-Listed Capital Markets Companies 1.33x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,305 Publicly-Listed Companies 1.5x
AIM:PAM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:PAM Share Price ÷ Book Value per Share (both in GBP)

= 1.8 ÷ 0.43

4.15x

* Primary Listing of Premier Asset Management Group.

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

  • Premier Asset Management Group is overvalued based on assets compared to the GB Capital Markets industry average.
X
Value checks
We assess Premier Asset Management Group'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Premier Asset Management Group has a total score of 2/6, 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.

PAM Future Performance

 How is Premier Asset Management Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
10.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Premier Asset Management Group expected to grow at an attractive rate?
  • Premier Asset Management Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Premier Asset Management Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Premier Asset Management Group's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:PAM Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:PAM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 10.8%
AIM:PAM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.9%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
AIM:PAM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:PAM Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 56 15 1
2020-09-30 50 12 1
2019-11-12
2019-09-30 49 11 1
AIM:PAM Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-03-31 53 15 12
2018-12-31 53 17 12
2018-09-30 53 18 13
2018-06-30 52 17 12
2018-03-31 51 17 12
2017-12-31 48 15 10
2017-09-30 46 13 9
2017-06-30 44 12 6
2017-03-31 42 11 4
2016-12-31 40 11 2
2016-09-30 39 10 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Premier Asset Management Group's earnings are expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).
  • Premier Asset Management Group's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
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
AIM:PAM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Premier Asset Management Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PAM Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30
2020-09-30
2019-11-12
2019-09-30
AIM:PAM Past Financials Data
Date (Data in GBP Millions) EPS *
2019-03-31 0.11
2018-12-31 0.12
2018-09-30 0.12
2018-06-30 0.12
2018-03-31 0.11
2017-12-31 0.10
2017-09-30 0.09
2017-06-30 0.07
2017-03-31 0.05
2016-12-31 0.03
2016-09-30 0.01

*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 Premier Asset Management Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Premier Asset Management Group'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Premier Asset Management Group has a total score of 1/6, 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.

PAM Past Performance

  How has Premier Asset Management Group 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 Premier Asset Management Group's growth in the last year to its industry (Capital Markets).
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.
  • Premier Asset Management Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Premier Asset Management Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Premier Asset Management Group's 1-year earnings growth is negative, it can't be compared to the GB Capital Markets industry average.
Earnings and Revenue History
Premier Asset Management Group'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 Premier Asset Management Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PAM Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 53.26 11.79 35.90
2018-12-31 53.33 12.16 35.72
2018-09-30 53.40 12.52 35.55
2018-06-30 51.97 12.23 34.56
2018-03-31 50.54 11.93 33.57
2017-12-31 48.30 10.41 32.56
2017-09-30 46.05 8.88 31.56
2017-06-30 43.95 6.44 30.61
2017-03-31 41.84 4.00 29.66
2016-12-31 40.50 2.49 29.08
2016-09-30 39.15 0.99 28.51
2015-09-30 35.77 -0.64 27.97
2014-09-30 30.68 -4.31
2013-09-30 27.26 -7.82 0.96

*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.
  • Premier Asset Management Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Premier Asset Management Group used its assets more efficiently than the GB Capital Markets industry average last year based on Return on Assets.
  • Premier Asset Management Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Premier Asset Management Group'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 Capital Markets 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.
Premier Asset Management Group has a total score of 4/6, 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.

PAM Health

 How is Premier Asset Management Group'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 Premier Asset Management Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Premier Asset Management Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Premier Asset Management Group has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Premier Asset Management Group'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.
  • Premier Asset Management Group has no debt, it does not need to be covered by short term assets.
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 Premier Asset Management Group Company Filings, last reported 7 months ago.

AIM:PAM Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 44.53 0.00 20.24
2018-12-31 44.53 0.00 20.24
2018-09-30 45.27 0.00 21.68
2018-06-30 45.27 0.00 21.68
2018-03-31 44.86 0.00 19.03
2017-12-31 44.86 0.00 19.03
2017-09-30 45.28 0.00 17.80
2017-06-30 45.28 0.00 17.80
2017-03-31 41.81 0.00 12.18
2016-12-31 41.81 0.00 12.18
2016-09-30 -4.70 42.67 11.70
2015-09-30 -5.70 48.92 9.40
2014-09-30 -7.84 51.92 10.12
2013-09-30 -3.58 41.49 5.52
  • Premier Asset Management Group has no debt.
  • Premier Asset Management Group currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Premier Asset Management Group has no debt, it does not need to be covered by operating cash flow.
  • Premier Asset Management Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Premier Asset Management Group'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. Premier Asset Management Group has a total score of 6/6, 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.

PAM Dividends

 What is Premier Asset Management Group'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
5.69%
Current annual income from Premier Asset Management Group dividends. Estimated to be 6.21% next year.
If you bought £2,000 of Premier Asset Management Group shares you are expected to receive £114 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?
  • Premier Asset Management Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.94%).
  • Premier Asset Management Group's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.33%).
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
AIM:PAM 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 2.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 1.9%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:PAM Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.12 1.00
2020-09-30 0.11 1.00
2019-11-12
2019-09-30 0.10 1.00
AIM:PAM Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-12-14 0.103 5.337
2018-11-29 0.103 5.466
2017-12-15 0.080 3.240
2017-11-30 0.080 3.757
2017-07-27 0.050 2.697
2017-04-26 0.050 3.274
2017-01-26 0.050 3.575

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

  • Whilst dividend payments have been stable, Premier Asset Management Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Premier Asset Management Group only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Premier Asset Management Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Premier Asset Management Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Premier Asset Management Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Premier Asset Management Group has a total score of 4/6, see the detailed checks below.


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

PAM Management

 What is the CEO of Premier Asset Management Group'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
Mike O'Shea
COMPENSATION £810,000
CEO Bio

Mr. Michael Patrick O'Shea, also known as Mike, CFA is the Chief Executive Officer at Premier Asset Management Group Plc since May 2005 and also serves as its Executive Director. Mr. O'Shea was a Founding Director at Premier Fund Managers Ltd since 1988. He joined Premier in 1986 to develop the asset management business of the company. Mr. O'Shea started his investment career as a Private Client Portfolio Manager at a London based brokerage in 1984. He serves as a Director of Investment Management Association. Mr. O'Shea holds the IIMR Investment Management Certificate. He is a Chartered Financial Analyst. Mr. O'Shea earned an Honors Degree in Economics from the Cardiff Business School.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mike's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Mike O'Shea

TITLE
CEO & Executive Director
COMPENSATION
£810K

Neil Macpherson

TITLE
Group Finance Director
COMPENSATION
£388K

Neil Birrell

TITLE
Chief Investment Officer
Board of Directors

Mike Vogel

TITLE
Non-Executive Chairman
COMPENSATION
£75K

Mike O'Shea

TITLE
CEO & Executive Director
COMPENSATION
£810K

Neil Macpherson

TITLE
Group Finance Director
COMPENSATION
£388K

Robert Charles Colthorpe

TITLE
Senior Independent Director
COMPENSATION
£43K

Luke Wiseman

TITLE
Non-Executive Director
COMPENSATION
£48K
AGE
52

Will Smith

TITLE
Independent Non-Executive Director
COMPENSATION
£35K
TENURE
3.1 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 (£)
07. Nov 19 Buy River and Mercantile Asset Management LLP Company 06. Nov 19 06. Nov 19 775,000 £1.80 £1,395,000
07. Nov 19 Buy Hargreave Hale Limited, Asset Management Arm Company 06. Nov 19 06. Nov 19 100,000 £1.80 £180,000
22. Oct 19 Sell BlackRock, Inc. Company 21. Oct 19 21. Oct 19 -138,659 £1.77 £-245,426
07. Nov 19 Sell BlackRock, Inc. Company 06. Nov 19 06. Nov 19 -2,057,232 £1.80 £-3,703,018
21. Oct 19 Buy River and Mercantile Asset Management LLP Company 13. Sep 19 13. Sep 19 70,000 £1.69 £118,300
21. Oct 19 Buy Hargreave Hale Limited, Asset Management Arm Company 18. Oct 19 18. Oct 19 44,000 £1.77 £77,880
21. Oct 19 Buy River and Mercantile Asset Management LLP Company 18. Oct 19 18. Oct 19 9,000 £1.77 £15,930
03. Oct 19 Sell Societe Generale Group, Banking Investments Company 02. Oct 19 02. Oct 19 -7,256 £1.87 £-13,569
03. Oct 19 Buy Societe Generale Group, Banking Investments Company 02. Oct 19 02. Oct 19 7,256 £1.87 £13,569
19. Sep 19 Buy M&G Investment Management Limited Company 18. Sep 19 18. Sep 19 211,000 £1.69 £356,590
16. Sep 19 Buy BlackRock, Inc. Company 13. Sep 19 13. Sep 19 36,800 £1.69 £62,192
17. Sep 19 Sell Barclays Bank PLC, Securities Investments Company 13. Sep 19 13. Sep 19 -112,000 £1.69 £-189,090
12. Sep 19 Sell Barclays Bank PLC, Securities Investments Company 10. Sep 19 10. Sep 19 -50,310 £1.69 £-84,938
11. Sep 19 Buy River and Mercantile Asset Management LLP Company 10. Sep 19 10. Sep 19 162,093 £1.69 £273,937
X
Management checks
We assess Premier Asset Management Group'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. Premier Asset Management Group 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.

PAM News

Simply Wall St News

Premier Asset Management Group Plc (LON:PAM): Ex-Dividend Is In 2 Days, Should You Buy?

Important news for shareholders and potential investors in Premier Asset Management Group Plc (LON:PAM): The dividend payment of UK£0.017 per share will be distributed into shareholder on 31 August 2018, and the stock will begin trading ex-dividend at an earlier date, 02 August 2018. … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … Let's take a look at Premier Asset Management Group's most recent financial data to examine its dividend characteristics in more detail.

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Does Premier Asset Management Group Plc's (LON:PAM) PE Ratio Warrant A Sell?

Premier Asset Management Group Plc (LON:PAM) is trading with a trailing P/E of 24.7x, which is higher than the industry average of 15.9x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … Check out our latest analysis for Premier Asset Management Group

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Premier Asset Management Group Plc (LON:PAM): A Fundamentally Attractive Investment

Attractive stocks have exceptional fundamentals. … In the case of Premier Asset Management Group Plc (LON:PAM), there's

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Is It Time To Sell Premier Asset Management Group Plc (LON:PAM) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PAM Price per share = £2.62 Earnings per share = £0.085 ∴ Price-Earnings Ratio = £2.62 ÷ £0.085 = 30.7x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Since PAM's P/E of 30.7x is higher than its industry peers (16.1x), it means that investors are paying more than they should for each dollar of PAM's earnings. … For example, if you are inadvertently comparing riskier firms with PAM, then PAM’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

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Intrinsic Calculation For Premier Asset Management Group Plc (LON:PAM) Shows Investors Are Overpaying

AIM:PAM Intrinsic Value May 2nd 18 Calculating PAM's Value The main assumption for this model is, the value of the company is how much money it can generate from its current level of equity capital, in excess of the cost of that capital. … The returns in excess of cost of equity is called excess returns: Excess Return Per Share = (Stable Return On Equity – Cost Of Equity) (Book Value Of Equity Per Share) = (43.74% – 8.97%) * £0.43 = £0.15 Excess Return Per Share is used to calculate the terminal value of PAM, which is how much the business is expected to continue to generate over the upcoming years, in perpetuity. … This is a common component of discounted cash flow models: Terminal Value Per Share = Excess Return Per Share / (Cost of Equity – Expected Growth Rate) = £0.15 / (8.97% – 1.49%) = £2.02 These factors are combined to calculate the true value of PAM's stock: Value Per Share = Book Value of Equity Per Share + Terminal Value Per Share = £0.43 + £2.02 = £2.46 Given PAM's current share price of £2.53, PAM is currently priced in-line with its intrinsic value.

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What Should You Know About Premier Asset Management Group Plc's (LON:PAM) Earnings Trend?

Premier Asset Management Group Plc's (AIM:PAM) most recent earnings announcement in September 2017 signalled that the company benefited from a significant tailwind, more than doubling its earnings from the prior year. … Below, I've laid out key growth figures on how market analysts predict Premier Asset Management Group's earnings growth outlook over the next few years and whether the future looks even brighter than the past. … Check out our latest analysis for Premier Asset Management Group Market analysts' consensus outlook for the coming year seems optimistic, with earnings expanding by a significant 67.87%.

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Is Premier Asset Management Group Plc (LON:PAM) Expensive For A Reason? A Look At The Intrinsic Value

AIM:PAM Intrinsic Value Jan 9th 18 The Calculation The key belief for Excess Returns is, the value of the company is how much money it can generate from its current level of equity capital, in excess of the cost of that capital. … The returns in excess of cost of equity is called excess returns: Excess Return Per Share = (Stable Return On Equity – Cost Of Equity) (Book Value Of Equity Per Share) = (43.74% – 9.44%) * £0.43 = £0.15 We use this value to calculate the terminal value of the company, which is how much we expect the company to continue to earn every year, forever. … This is a common component of discounted cash flow models: Terminal Value Per Share = Excess Return Per Share / (Cost of Equity – Expected Growth Rate) = £0.15 / (9.44% – 1.49%) = £1.87 Putting this all together, we get the value of PAM’s share: Value Per Share = Book Value of Equity Per Share + Terminal Value Per Share = £0.43 + £1.87 = £2.31 Relative to the present share price of £2.53, PAM is fairly priced by the market.

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How Premier Asset Management Group Plc (AIM:PAM) Delivered A Better ROE Than Its Industry

Check out our latest analysis for Premier Asset Management Group Breaking down Return on Equity Return on Equity (ROE) weighs PAM’s profit against the level of its shareholders’ equity. … ROE can be broken down into three different ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity AIM:PAM Last Perf Dec 3rd 17 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient PAM is with its cost management.

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PAM Company Info

Description

Details
Name: Premier Asset Management Group Plc
PAM
Exchange: AIM
Founded:
£182,085,264
101,158,480
Website: http://www.premierfunds.co.uk/corporate
Address: Premier Asset Management Group Plc
Eastgate Court,
High Street,
Guildford,
Surrey, GU1 3DE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM PAM New Ordinary Shares London Stock Exchange AIM Market GB GBP 07. Oct 2016
Number of employees
Current staff
Staff numbers
107
Premier Asset Management Group employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 21:50
End of day share price update: 2019/11/12 00:00
Last estimates confirmation: 2019/11/06
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.