Palace Capital plc
Palace Capital plc is a real estate investment trust (REIT) focused on property investments across the United Kingdom. Its principal activity involves acquiring and managing a diversified portfolio of commercial properties, predominantly in key regional towns and cities, to generate stable rental income and capital appreciation. The company targets sectors such as office, industrial, retail warehouses, leisure, and development opportunities, with a strategic emphasis on repositioning assets for higher quality and improved energy performance certificates (EPCs). Notable features include a balanced portfolio of around 37 properties leased to 164 tenants, featuring a weighted average unexpired lease term (WAULT) of approximately 4.7-4.8 years, low loan-to-value ratios, and strong rent collection rates. Headquartered in London with a small team of seven employees, Palace Capital plc maintains a granular tenant base where the top 20 tenants account for 41% of income, mitigating risk while capitalizing on rental growth in transport-accessible locations. As a commercial property investor registered in England, it plays a role in the UK real estate market by providing income-focused exposure to regional opportunities.
£1.89
£0.01 (-0.48%)
Live · 04:26 PM
The business is unprofitable at the operating level (-15.72% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 42.6% YoY. Margins deteriorated 31.8pp alongside, both lines moving the wrong way.
Free cash flow declined 172% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -£5M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£8M
▼ -42.6% YoY
Net Income (TTM)
-£5M
▼ -461.0% YoY
Op. Margin
-15.72%
▼ -31.8pp YoY
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
-£5M
▼ -172.4% YoY
Op. Cash Flow (TTM)
-£3M
▼ -143.0% YoY
Net Debt
N/A
Cash & Equiv.
N/A
3Y CAGR: -38.7%
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Is Palace Capital (PCA.XLON) overvalued?
Palace Capital (PCA.XLON)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Palace Capital scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 6.2%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology. This is analysis, not investment advice.
Frequently asked
Is Palace Capital a high-quality business?+
Palace Capital scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 2 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -15.7% operating margin. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Palace Capital (PCA.XLON) pay a dividend, and how much?+
Yes, Palace Capital pays a regular dividend of about £0.12 per share per year (typically in quarterly installments), a yield of roughly 6.2% at the current price. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For PCA.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Palace Capital a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh PCA.XLON's valuation and scores 10/100 on quality (lower-quality). It also yields about 6.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.