# Pacific Assets Trust (PAC.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 426p, market value 487 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Pacific Assets Trust reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 6.5×**. Each dollar of revenue is priced at 6.5×.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.8×**. Enterprise value is 8.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.0%**. Free cash flow equals 0.0% of the market value.

## Profitability
- **Gross margin: 94.3%**. Pacific Assets Trust keeps 94.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 65.0%**. 65.0% of revenue is left after running the business, an exceptional level.
- **Net margin: -7.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 8.9%**. Return on all capital, debt included, is 8.9%.
- **Return on assets: 8.5%**. Each dollar of assets produces 8.5% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 52.2%** (3-yr 21.9%/yr, 5-yr -6.2%/yr). Revenue grew 52.2% over the last year, against -6.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -110.1%**. Earnings per share fell 110.1%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 5 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Pacific Assets Trust does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 22.3%** (YTD 18.9%, 3-mo 1.2%). The shares are up 22.3% over twelve months including dividends.
- **From 52-week high: -5.5%** (22.2% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 0.45** (volatility 16%). Beta of 0.45 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PAC.L · Page: https://foliofundamentals.com/stocks/pac.l

Not investment advice.