Palace Capital (PCA) AI Stock Analysis

• Market Cap: £63.55M
• Dividend Yield: 6.82%
• Average Volume (3M): 63.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.24
• Revenue Growth: -49.23%
• EPS Growth: 49.40%
• Country: UK
• Employees: 8
• Sector: Real Estate
• Sector Strength: 76
• Industry: REIT - Diversified
• EPS (TTM): -0.27
• Shares Outstanding: 28,892,534
• 10 Day Avg. Volume: 75,120
• 30 Day Avg. Volume: 63,432
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.16
• Price to Cash Flow (P/CF): -25.40
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

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.

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

Palace Capital makes money primarily through the rental income generated from its commercial property portfolio. The company strategically acquires properties with strong potential for value enhancement and income growth. Revenue is also generated from property sales when assets are disposed of at a profit, often after a period of asset management and improvement. Palace Capital may engage in partnerships or joint ventures to amplify its investment capabilities and leverage opportunities within the market, contributing further to its earnings.

Palace Capital Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

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

• Technical Analysis Sentiment: Positive
• Last Price: 218.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PCA, the sentiment is Positive. The current price of 218 is above the 20-day moving average (MA) of 211.72, above the 50-day MA of 214.93, and above the 200-day MA of 214.89, indicating a bullish trend. The MACD of 1.38 indicates Negative momentum. The RSI at 57.23 is Neutral, neither overbought nor oversold. The STOCH value of 84.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PCA.

Palace Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UTG	79 Outperform	£4.28B	9.09	9.95%	4.11%	7.75%	276.67%
SGRO	71 Outperform	£9.30B	15.39	5.18%	4.26%	-9.88%	―
DLN	70 Neutral	£2.20B	18.96	3.29%	4.10%	3.70%	―
BLND	68 Neutral	£3.84B	21.11	3.17%	5.93%	-30.83%	―
Sector *	59 Neutral	$2.72B	11.51	0.06%	8679.44%	5.30%	-16.91%
PCA	52 Neutral	£63.55M	―	-11.12%	6.82%	-49.23%	49.40%
LAND	47 Neutral	£4.31B	40.89	1.61%	6.88%	-1.73%	―

Palace Capital Corporate Events

Palace Capital Sees Change in Voting Rights with New Acquisition

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 Strengthens Financial Position with Strategic Property Disposals

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 Declares Quarterly Dividend for Q4 2024

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.