PRM : Big Pharma Split Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Big Pharma Split Corp trades with the ticker PRM on the TSX and is in the Asset Management industry.

Overview
Big Pharma Split Corp is a closed ended equity mutual fund launched and managed by Harvest Portfolios Group Inc. It invests in the public equity markets across United States. The fund primarily invests in the Pharmaceutical sector. Big Pharma Split Corp was formed on September 15, 2017 and is domiciled in Canada.
 

Looking to invest in Big Pharma Split Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PRM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $17.715MM

PE Ratio:

Price: 6.34 (Updated: 3/12/2024 0:47:16)



Big Pharma Split Corp (PRM) vs Competitors in Asset Management

Lets see how PRM.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • Big Pharma Split Corp (PRM) vs Aberdeen International Inc (AAB)
    • AAB has higher EPS (-0.12 vs -0.24). PRM provides dividends, while AAB does not. AAB and PRM both have P/E’s under 0.
  • Big Pharma Split Corp (PRM) vs AGF Management Limited (AGF-B)
    • AGF-B has higher EPS (1.3 vs -0.24). PRM has higher dividend yield (8.6% vs 5.4%). PRM has a P/E under 0, indicating AGF-B (P/E 6.238) is in a better position.
  • Big Pharma Split Corp (PRM) vs Aimia Inc (AIM)
    • PRM has higher EPS (-0.24 vs -1.8). PRM provides dividends, while AIM does not. AIM and PRM both have P/E’s under 0.
  • Big Pharma Split Corp (PRM) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs -0.24). PRM has higher dividend yield (8.6% vs 1.6%). PRM has a P/E under 0, indicating BAM-A (P/E 20.732) is in a better position.
  • Big Pharma Split Corp (PRM) vs Canadian Banc Corp (BK)
    • PRM has higher EPS (-0.24 vs -1.81). BK has higher dividend yield (17.4% vs 8.6%). BK and PRM both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-2.45) than the industry average (2.01), indicating attractive valuation.
 

How to Buy PRM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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