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

Electrification And Battery Metals Will Drive Global Mining Service Demand

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PRN
AnalystHighTarget
Not Invested
Published 02 Aug 2025

Update shared on 18 Dec 2025

Fair value Increased 58%
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AnalystHighTarget's Fair Value
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1Y
111.5%
7D
2.8%

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.
  • Discount Rate has increased slightly from 7.92 percent to 8.30 percent, reflecting a modestly higher perceived risk profile or cost of capital.
  • Revenue Growth has been revised down from 5.83 percent to 4.38 percent annually, indicating more conservative top line expectations.
  • Net Profit Margin has been trimmed from 7.23 percent to 6.22 percent, suggesting a slightly less optimistic view on profitability.
  • Future P/E has expanded sharply from 7.8x to 14.5x, pointing to a substantially higher valuation multiple despite softer operating assumptions.

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Disclaimer

AnalystHighTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystHighTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystHighTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.