Perenti

Electrification And Battery Metals Will Drive Global Mining Service Demand

AnalystHighTarget

Not Invested

Community Contributor

Published

02 Aug 25

Updated

18 Dec 25

Views

n/a

AnalystHighTarget's Fair Value

n/a

111.5%

2.8%

111.5%

2.8%

You can edit this narrative until Dec 19 6:05 PM. Then, changes will post as Updates.

Author's Valuation

AU$3.15.2% undervalued

AnalystHighTarget Fair Value

Narrative

Updates1

Shared on 18 Dec 25

Fair value Increased 58%

PRN: Index Additions Will Highlight Balanced Outlook For Earnings And Risk

Analysts have increased their price target on Perenti from A$1.96 to A$3.10 per share, citing a higher justified valuation multiple, despite slightly softer assumptions for revenue growth and profit margins and a modestly higher discount rate. What's in the News Perenti Limited (ASX:PRN) has been added to the S&P/ASX 200 Materials Sector Index, reflecting its growing scale and relevance within the sector (Key Developments) Perenti Limited (ASX:PRN) has also been added to the broader S&P/ASX 200 Index, increasing its visibility among institutional investors and index funds (Key Developments) Valuation Changes Consensus Analyst Price Target has risen significantly from A$1.96 to A$3.10 per share, implying a materially higher fair value estimate.

AnalystHighTarget Fair Value

AU$3.1

5.2% undervalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

3.11%

Metals and Mining revenue growth rate

17.77%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.28%

Calculation

AU$247.19m

Earnings '28

14.50x

PE Ratio '28

AU$3.58b

Market Cap '28

AU$3.58b

Market Cap '28

910.62m

No. shares '28

AU$3.94

Share Price '28

AU$3.94 Share Price '28

Discounted to 2025 @ 8.30% p.a.

AU$3.10

Fair Value '25