Perenti Future Growth

Future criteria checks 3/6

Perenti is forecast to grow earnings and revenue by 23.5% and 3.2% per annum respectively. EPS is expected to grow by 34% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

23.5%

Earnings growth rate

34.0%

EPS growth rate

Metals and Mining earnings growth	12.0%
Revenue growth rate	3.2%
Future return on equity	10.9%
Analyst coverage	Good
Last updated	22 Apr 2025

Recent future growth updates

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

Feb 25

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 22

Recent updates

Drilling Services Division Will Benefit From Increased Exploration Activity In FY '25

Mar 17 Successful acquisition and integration in Drilling Services are set to enhance revenue, margins, and earnings growth amid increasing exploration activity.

Increases to CEO Compensation Might Be Put On Hold For Now at Perenti Limited (ASX:PRN)

Oct 07

Do Perenti's (ASX:PRN) Earnings Warrant Your Attention?

Oct 02

Is Now The Time To Put Perenti (ASX:PRN) On Your Watchlist?

Mar 30

Perenti's (ASX:PRN) Solid Profits Have Weak Fundamentals

Feb 27

Is Perenti (ASX:PRN) A Risky Investment?

Dec 21

We Think Perenti Global (ASX:PRN) Is Taking Some Risk With Its Debt

Sep 09

New Forecasts: Here's What Analysts Think The Future Holds For Perenti Global Limited (ASX:PRN)

Feb 26

Are Perenti Global Limited (ASX:PRN) Investors Paying Above The Intrinsic Value?

Jan 26

It Looks Like Perenti Global Limited's (ASX:PRN) CEO May Expect Their Salary To Be Put Under The Microscope

Oct 01

Perenti Global's (ASX:PRN) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 28

Perenti Global (ASX:PRN) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Sep 09

Perenti Global (ASX:PRN) Will Pay A Smaller Dividend Than Last Year

Aug 26

Is Perenti Global Limited (ASX:PRN) Trading At A 34% Discount?

Aug 16

These 4 Measures Indicate That Perenti Global (ASX:PRN) Is Using Debt Extensively

May 07

Are Investors Undervaluing Perenti Global Limited (ASX:PRN) By 44%?

Apr 01

Don't Race Out To Buy Perenti Global Limited (ASX:PRN) Just Because It's Going Ex-Dividend

Mar 11

What Can We Make Of Perenti Global's (ASX:PRN) CEO Compensation?

Mar 01

Shareholders of Perenti Global (ASX:PRN) Must Be Delighted With Their 831% Total Return

Feb 08

Do Insiders Own Lots Of Shares In Perenti Global Limited (ASX:PRN)?

Jan 18

Earnings and Revenue Growth Forecasts

ASX:PRN - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	3,687	186	181	546	7
6/30/2026	3,616	170	187	535	7
6/30/2025	3,510	149	158	502	7
12/31/2024	3,445	87	160	467	N/A
9/30/2024	3,396	91	156	477	N/A
6/30/2024	3,348	95	153	488	N/A
3/31/2024	3,214	108	78	450	N/A
12/31/2023	3,081	121	4	412	N/A
9/30/2023	2,984	108	14	405	N/A
6/30/2023	2,887	96	24	398	N/A
3/31/2023	2,789	76	-9	384	N/A
12/31/2022	2,691	56	-43	369	N/A
9/30/2022	2,569	48	-85	355	N/A
6/30/2022	2,447	41	-127	341	N/A
3/31/2022	2,338	38	-101	316	N/A
12/31/2021	2,230	35	-74	291	N/A
9/30/2021	2,162	-10	-28	293	N/A
6/30/2021	2,094	-55	18	296	N/A
3/31/2021	2,098	-66	69	318	N/A
12/31/2020	2,102	-78	121	339	N/A
9/30/2020	2,076	-27	96	323	N/A
6/30/2020	2,050	24	71	307	N/A
3/31/2020	2,035	12	24	283	N/A
12/31/2019	2,020	0	-22	260	N/A
9/30/2019	1,830	91	-10	234	N/A
6/30/2019	1,639	181	1	207	N/A
12/31/2018	1,053	241	-109	63	N/A
9/30/2018	960	150	N/A	58	N/A
6/30/2018	867	59	N/A	53	N/A
12/31/2017	831	53	N/A	76	N/A
9/30/2017	798	42	N/A	85	N/A
6/30/2017	766	31	N/A	95	N/A
3/31/2017	765	29	N/A	98	N/A
12/31/2016	763	27	N/A	102	N/A
9/30/2016	756	24	N/A	96	N/A
6/30/2016	749	21	N/A	91	N/A
12/31/2015	672	24	N/A	89	N/A
9/30/2015	698	-68	N/A	103	N/A
6/30/2015	725	-160	N/A	118	N/A
3/31/2015	797	-205	N/A	136	N/A
12/31/2014	821	-234	N/A	153	N/A
9/30/2014	827	-139	N/A	148	N/A
6/30/2014	832	-43	N/A	142	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRN's forecast earnings growth (23.5% per year) is above the savings rate (2.7%).

Earnings vs Market: PRN's earnings (23.5% per year) are forecast to grow faster than the Australian market (11.6% per year).

High Growth Earnings: PRN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRN's revenue (3.2% per year) is forecast to grow slower than the Australian market (5.6% per year).

High Growth Revenue: PRN's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PRN's Return on Equity is forecast to be low in 3 years time (10.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/25 19:21
End of Day Share Price	2025/04/24 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Perenti Limited is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Swapan Pandya	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited
Thomas Wakim	Bell Potter

Perenti Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

Price target increased by 11% to AU$1.43

Consensus EPS estimates increase by 18%

Consensus EPS estimates fall by 20%

Perenti Limited Provides Earnings Outlook for the Year 2023, 2024 and 2025

Recent updates

Drilling Services Division Will Benefit From Increased Exploration Activity In FY '25

Upcoming dividend of AU$0.03 per share

First half dividend of AU$0.03 announced

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

New minor risk - Profit margin trend

Perenti Limited Declares Ordinary Unfranked Interim Dividend for Six Months Ended December 31, 2024, Payable on April 3, 2025

First half 2025 earnings: Revenues miss analyst expectations

Perenti Limited Declares Ordinary Unfranked Interim Dividend for Six Months Ended December 31, 2024, Payable on April 3, 2025

Investor sentiment deteriorates as stock falls 18%

Perenti Limited to Report First Half, 2025 Results on Feb 24, 2025

Upcoming dividend of AU$0.04 per share

Perenti Limited Just Missed Earnings - But Analysts Have Updated Their Models

Perenti Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on October 23, 2024

Full year 2024 earnings: EPS misses analyst expectations

Perenti Limited, Annual General Meeting, Oct 03, 2024

Price target increased by 11% to AU$1.43

Upcoming dividend of AU$0.02 per share

Consensus EPS estimates increase by 18%

First half 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Perenti Limited to Report First Half, 2024 Results on Feb 20, 2024

Consensus EPS estimates fall by 20%

It's A Story Of Risk Vs Reward With Perenti Limited (ASX:PRN)

Perenti Limited Announces Changes to Group Executive Committee

Perenti (ASX:PRN) Takes On Some Risk With Its Use Of Debt

Perenti Limited Announces Board Appointments

Perenti Limited Announces Board Appointments

Increases to CEO Compensation Might Be Put On Hold For Now at Perenti Limited (ASX:PRN)

Perenti Limited (ASX:PRN) completed the acquisition of DDH1 Limited (ASX:DDH).

New minor risk - Shareholder dilution

Do Perenti's (ASX:PRN) Earnings Warrant Your Attention?

Independent Non-Executive Director recently bought AU$80k worth of stock

Perenti Limited, Annual General Meeting, Oct 13, 2023

Full year 2023 earnings: EPS misses analyst expectations

Perenti Limited to Report Fiscal Year 2023 Results on Aug 22, 2023

Perenti Limited (ASX:PRN) entered into an agreement to acquire DDH1 Limited (ASX:DDH) for approximately AUD 400 million.

Investor sentiment deteriorates as stock falls 16%

Perenti Limited Provides Earnings Outlook for the Year 2023, 2024 and 2025

Is Now The Time To Put Perenti (ASX:PRN) On Your Watchlist?

Perenti's (ASX:PRN) Solid Profits Have Weak Fundamentals

Price target increased by 7.0% to AU$1.40

First half 2023 earnings released: EPS: AU$0.057 (vs AU$0.034 in 1H 2022)

Perenti Limited to Report First Half, 2023 Results on Feb 21, 2023

Investor sentiment improved over the past week

Is Perenti (ASX:PRN) A Risky Investment?

Perenti Limited Raises Revenue Guidance for the Fiscal Year 2023

Price target increased to AU$1.19

Perenti Updates Earnings Guidance for the Fiscal Year 2023

Independent Non-Executive Director recently bought AU$94k worth of stock

We Think Perenti Global (ASX:PRN) Is Taking Some Risk With Its Debt

Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.078 loss in FY 2021)

Perenti Global Limited Provides Earnings Guidance for the Year 2023

Price target decreased to AU$0.90

Perenti Global Limited Reaffirms Earnings Guidance for the Fiscal Year 2022

Less than half of directors are independent

Perenti Global Limited Appoints Craig Laslett as Non-Executive Director

New Forecasts: Here's What Analysts Think The Future Holds For Perenti Global Limited (ASX:PRN)

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Perenti Global Limited Provides Earnings Guidance for the Year 2022

Perenti Global Limited (ASX:PRN) acquired Orelogy Pty Ltd.

Are Perenti Global Limited (ASX:PRN) Investors Paying Above The Intrinsic Value?

ALS Limited (ASX:ALQ) agreed to acquire MinAnalytical Laboratory Services Pty Ltd. from Perenti Global Limited (ASX:PRN) for AUD 39 million.

Price target increased to AU$1.08

It Looks Like Perenti Global Limited's (ASX:PRN) CEO May Expect Their Salary To Be Put Under The Microscope

Perenti Global's (ASX:PRN) Shareholders Will Receive A Smaller Dividend Than Last Year

Upcoming dividend of AU$0.02 per share

Perenti Global (ASX:PRN) Has Announced That Its Dividend Will Be Reduced To AU$0.02

Non-Executive Director recently bought AU$83k worth of stock

Perenti Global (ASX:PRN) Will Pay A Smaller Dividend Than Last Year

Full year 2021 earnings released: AU$0.078 loss per share (vs AU$0.035 profit in FY 2020)