Added to YB: 2025-06-05
Pitch date: 2025-06-03
PNC.AX [neutral]
Pioneer Credit Limited
+31%
current return
Author Info
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Company Info
Pioneer Credit Limited, together with its subsidiaries, provides financial services in Australia. The company acquires and services purchase debt portfolios.
Market Cap
AUD 95.7M
Pitch Price
AUD 0.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
16.44
EV/Sales
N/A
Sector
Financial Services
Category
growth
Few Updates On Some Recent Names: Pioneer Credit Limited
PNC.AX (holding update): Up 29% since write-up but still undervalued. Achieving 15%+ Net IRRs on all PDP vintages. Poised for multi-year earnings growth due to industry transformation. Entrenched position with big 4 banks as one of only two major players (with Credit Corp). Trading like 'orphaned equity' - too small for institutions, too complex for retail.
Read full article (2 min)