Want to see GB:PCA full AI Analyst Report?
Top Page
Palace Capital
(LSE:PCA)
Select Model
Select Model
Rating:54Neutral
Price Target:
186.00 p
▲(1.09% Upside)
Action:Reiterated
Date:08/24/26
The score is held back primarily by weak recent financial performance and cash flow volatility (loss-making year, margin compression, and negative operating/free cash flow), partially offset by a debt-free balance sheet. Technical indicators are modestly positive in the near term, while valuation is mixed (high yield but negative P/E). Corporate events (buybacks) are supportive but not enough to outweigh the fundamental downturn.
Positive Factors
Debt-free balance sheet
The absence of reported debt materially reduces leverage and refinancing exposure, giving Palace Capital greater financial flexibility than in prior years. A debt-free balance sheet can help preserve resilience through property-market weakness and support selective capital allocation over the next several quarters.
Negative Factors
Sustained revenue decline
Four consecutive years of falling revenue indicate a persistent deterioration in the income base rather than a single-period fluctuation. Continued contraction can weaken the ability to cover property and administrative costs, reduce reinvestment capacity, and constrain sustainable earnings over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of reported debt materially reduces leverage and refinancing exposure, giving Palace Capital greater financial flexibility than in prior years. A debt-free balance sheet can help preserve resilience through property-market weakness and support selective capital allocation over the next several quarters.
Read all positive factors
Palace Capital (PCA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£30.35M
Dividend Yield4.74%
Average Volume (3M)24.75K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue Growth-41.22%
EPS GrowthN/A
CountryUK
Employees7
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.26
Shares Outstanding15,890,895
10 Day Avg. Volume17,407
30 Day Avg. Volume24,747
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.86
Price to Sales (P/S)4.79
P/FCF Ratio-7.31
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
Palace Capital’s earnings were primarily driven by property investment economics. The main revenue stream was recurring rental income paid by tenants under lease agreements across its commercial property portfolio. The company also generated reven...
Palace Capital Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
63
Positive
Cash Flow
27
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.60M | 13.24M | 19.60M | 32.97M | 49.06M |
| Gross Profit | 2.06M | 5.38M | 9.82M | 15.83M | 18.66M |
| EBITDA | -5.14M | 1.53M | -7.52M | -32.02M | 27.56M |
| Net Income | -5.13M | 1.42M | -9.36M | -35.70M | 24.55M |
Balance Sheet | |||||
| Total Assets | 44.85M | 77.02M | 110.75M | 201.77M | 288.62M |
| Cash, Cash Equivalents and Short-Term Investments | 12.78M | 22.22M | 19.77M | 5.51M | 28.14M |
| Total Debt | 0.00 | 0.00 | 8.29M | 64.88M | 102.31M |
| Total Liabilities | 2.36M | 4.52M | 12.98M | 73.30M | 111.42M |
| Stockholders Equity | 42.49M | 72.50M | 97.77M | 128.47M | 177.20M |
Cash Flow | |||||
| Free Cash Flow | -4.98M | 6.88M | -443.00K | 13.07M | 26.14M |
| Operating Cash Flow | -3.04M | 7.05M | 1.10M | 14.45M | 32.68M |
| Investing Cash Flow | 18.48M | 30.46M | 90.67M | 14.03M | 18.04M |
| Financing Cash Flow | -24.88M | -35.06M | -77.52M | -51.12M | -32.00M |
Palace Capital Technical Analysis
Positive
184.00
Price Trends
181.85
Positive
175.07
Positive
184.41
Positive
Market Momentum
2.57
Negative
59.78
Neutral
60.26
Neutral
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 184 is below the 20-day moving average (MA) of 187.31, above the 50-day MA of 181.85, and below the 200-day MA of 184.41, indicating a bullish trend. The MACD of 2.57 indicates Negative momentum. The RSI at 59.78 is Neutral, neither overbought nor oversold. The STOCH value of 60.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | £55.38M | 7.97 | 10.22% | 8.18% | 5.98% | 35.28% | |
70 Outperform | £163.75M | 16.36 | 5.76% | 7.80% | -3.39% | -59.21% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | £391.24M | 14.18 | 4.68% | 8.82% | 7.06% | -54.80% | |
54 Neutral | £30.35M | -7.31 | -11.17% | 4.74% | -41.22% | ― | |
50 Neutral | £54.90M | -65.42 | -0.96% | 5.02% | -13.04% | 64.44% | |
50 Neutral | £51.35M | -9.82 | -4.75% | 4.08% | 4.77% | -1540.79% |
* Real Estate Sector Average
GB:PCA
Palace Capital
190.00
-16.13
-7.82%
GB:AEWU
AEW UK REIT
102.60
1.66
1.64%
GB:RLE
Real Estate ate ate Investors
31.40
1.46
4.87%
GB:SREI
Schroder Real Estate ate ate Investment
40.70
-5.40
-11.71%
GB:TOWN
Town Centre Securities
122.50
5.81
4.98%
GB:AIRE
Alternative Income REIT Plc
68.50
1.72
2.58%
Palace Capital Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Palace Capital discloses internal reshuffle of director-linked Lakestreet shareholding
Neutral
Sep 23, 2026
Palace Capital PLC reported an internal share transfer between related entities Lakestreet Capital Partners AG and Lakestreet Trading AG, both closely associated with non-executive chairman Christian Kappelhoff-Wulff and director Valentin Pierburg...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Palace Capital Restores Covered Dividend After Reserve Restructuring
Positive
Sep 15, 2026
Palace Capital has reinstated shareholder distributions with the declaration of an interim dividend of 1.50 pence per ordinary share, following a period in which historical payouts were deemed uncovered by profits. The move comes after the company...
Stock BuybackRegulatory Filings and Compliance
Palace Capital Updates Total Voting Rights After Treasury Share Cancellation
Neutral
Jul 31, 2026
Palace Capital has disclosed that as of 31 July 2026 its issued share capital comprises 19,524,775 ordinary shares of 10 pence each, with 3,633,880 held in treasury and scheduled for cancellation. Following this adjustment, the company’s tot...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Palace Capital Completes Share Buyback and Updates Voting Rights
Positive
Jul 21, 2026
Palace Capital PLC has completed a share buyback programme executed through Cavendish Capital Markets Limited, repurchasing ordinary shares of 10 pence each for holding in treasury. The latest transaction on 20 July 2026 involved the acquisition o...
Business Operations and StrategyStock Buyback
Palace Capital Tightens Free Float with Latest Share Buybacks
Positive
Jul 20, 2026
Palace Capital has continued to execute its previously announced share buyback programme, repurchasing a total of more than 3.4 million ordinary shares between 13 and 17 July 2026 through Cavendish Capital Markets. The shares, bought at prices clu...
Stock BuybackRegulatory Filings and Compliance
Palace Capital Updates Market on Share Buyback and Voting Rights
Neutral
Jul 13, 2026
Palace Capital has continued to execute its recently announced share buyback programme, repurchasing a total of 94,050 ordinary shares between 7 and 10 July 2026 at a volume-weighted average price of 180.31 pence. The repurchased shares will be he...
Stock BuybackRegulatory Filings and Compliance
Palace Capital Updates Share Count After Latest Buyback
Positive
Jul 6, 2026
Palace Capital PLC has executed share repurchases under its recently announced buyback programme, purchasing 90,367 ordinary shares between June 30 and July 2 through Cavendish Capital Markets Limited. The repurchased shares will be held in treasu...
Business Operations and StrategyStock Buyback
Palace Capital Launches Share Buyback as Concert Party Stake Set to Rise
Positive
Jun 30, 2026
Palace Capital has launched a share buyback programme for up to 3,633,880 ordinary shares, representing the remaining authority granted by shareholders in July 2025. The broker-managed programme, run by Cavendish, will acquire shares within define...
Business Operations and StrategyStock BuybackShareholder Meetings
Palace Capital Wins Shareholder Backing for Takeover Code Waiver on Buy-Backs
Positive
Jun 29, 2026
Palace Capital has secured shareholder approval for a waiver under Rule 9 of the U.K. Takeover Code, preventing Lakestreet Capital Partners AG and its concert party from being forced to make a mandatory cash offer if the company conducts share buy...
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.