Perpetual (PPT) Stock Overview
A publicly owned investment manager. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
PPT Community Fair Values
Create NarrativeSee what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Perpetual Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$15.75 |
| 52 Week High | AU$22.32 |
| 52 Week Low | AU$15.10 |
| Beta | 0.82 |
| 1 Month Change | -1.44% |
| 3 Month Change | -2.30% |
| 1 Year Change | -7.95% |
| 3 Year Change | -37.25% |
| 5 Year Change | -59.83% |
| Change since IPO | 213.74% |
Recent News & Updates
Narrative Update • Jun 06
PPT: Digital Loan Expansion And Debt Reduction Will Support Future Upside
Analysts have kept Perpetual's A$19.51 price target unchanged. This view is supported by a slightly lower discount rate, a softer revenue outlook, a reduced profit margin assumption and a higher future P/E multiple.Narrative Update • May 21
PPT: Wealth Sale And Debt Reduction Will Support Future Upside
Analysts have nudged their A$ fair value estimate for Perpetual slightly higher to about A$19.51, citing updated assumptions for discount rates, revenue trends, profit margins and future P/E multiples as the key drivers behind the revised price target. What's in the News Perpetual is reported to be close to finalising a sale of its wealth management unit to Bain Capital, with indicative pricing in a range of $400 million to $500 million after an extended negotiation process involving several private equity parties (Key Developments).Narrative Update • Apr 23
PPT: Wealth Unit Sale And Debt Reduction Will Support Future Upside
Analysts have slightly reduced their A$ fair value estimate for Perpetual to A$19.41 from A$19.53, reflecting updated views on discount rates, revenue trends, and profit margins, while keeping future P/E expectations broadly in line with prior assumptions. What's in the News Perpetual is reported to be finalising a sale of its wealth management unit to Bain Capital, with sources suggesting a price in the A$400 million to A$500 million range, following an extended negotiation process involving multiple suitors, including Oaktree Capital Management and TA Associates (Key Developments).Narrative Update • Apr 08
PPT: Wealth Unit Sale And Debt Reduction Will Support Future Upside
Analysts have slightly reduced their price target for Perpetual to A$19.53 from A$19.66, reflecting updated views on discount rates, revenue trajectory, profit margins and future P/E assumptions. What's in the News Perpetual is reported to be close to finalising a sale of its wealth management unit to Bain Capital, with sources indicating a price in the A$400 million to A$500 million range after a prolonged negotiation process (Key Developments).Narrative Update • Mar 25
PPT: Wealth Unit Sale Will Reshape Balance Sheet And Support Upside
Analysts have trimmed their price target for Perpetual from A$20.75 to about A$19.66, reflecting updated views that now factor in lower revenue growth expectations, a slightly higher discount rate, and changes to assumed profit margins and future P/E multiples. What's in the News Perpetual is reported to be close to selling its wealth management unit to Bain Capital, with an indicated price range of A$400 million to A$500 million, after a prolonged negotiation process involving multiple private equity parties (Key Developments).Recent updates
Narrative Update • Jun 06
PPT: Digital Loan Expansion And Debt Reduction Will Support Future Upside
Analysts have kept Perpetual's A$19.51 price target unchanged. This view is supported by a slightly lower discount rate, a softer revenue outlook, a reduced profit margin assumption and a higher future P/E multiple.Narrative Update • May 21
PPT: Wealth Sale And Debt Reduction Will Support Future Upside
Analysts have nudged their A$ fair value estimate for Perpetual slightly higher to about A$19.51, citing updated assumptions for discount rates, revenue trends, profit margins and future P/E multiples as the key drivers behind the revised price target. What's in the News Perpetual is reported to be close to finalising a sale of its wealth management unit to Bain Capital, with indicative pricing in a range of $400 million to $500 million after an extended negotiation process involving several private equity parties (Key Developments).Narrative Update • Apr 23
PPT: Wealth Unit Sale And Debt Reduction Will Support Future Upside
Analysts have slightly reduced their A$ fair value estimate for Perpetual to A$19.41 from A$19.53, reflecting updated views on discount rates, revenue trends, and profit margins, while keeping future P/E expectations broadly in line with prior assumptions. What's in the News Perpetual is reported to be finalising a sale of its wealth management unit to Bain Capital, with sources suggesting a price in the A$400 million to A$500 million range, following an extended negotiation process involving multiple suitors, including Oaktree Capital Management and TA Associates (Key Developments).Narrative Update • Apr 08
PPT: Wealth Unit Sale And Debt Reduction Will Support Future Upside
Analysts have slightly reduced their price target for Perpetual to A$19.53 from A$19.66, reflecting updated views on discount rates, revenue trajectory, profit margins and future P/E assumptions. What's in the News Perpetual is reported to be close to finalising a sale of its wealth management unit to Bain Capital, with sources indicating a price in the A$400 million to A$500 million range after a prolonged negotiation process (Key Developments).Narrative Update • Mar 25
PPT: Wealth Unit Sale Will Reshape Balance Sheet And Support Upside
Analysts have trimmed their price target for Perpetual from A$20.75 to about A$19.66, reflecting updated views that now factor in lower revenue growth expectations, a slightly higher discount rate, and changes to assumed profit margins and future P/E multiples. What's in the News Perpetual is reported to be close to selling its wealth management unit to Bain Capital, with an indicated price range of A$400 million to A$500 million, after a prolonged negotiation process involving multiple private equity parties (Key Developments).
New Narrative • Mar 17
Active ETFs And Corporate Trust Expansion Will Shape A Stronger Future Trajectory
Catalysts About Perpetual Perpetual is a diversified financial services group with operations across asset management, corporate trust and wealth management. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 10
PPT: Wealth Unit Sale And Higher Future P/E Will Support Upside
Analysts have nudged their price target for Perpetual slightly higher to A$20.75 from A$20.57, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Perpetual is reported to be finalising a sale of its wealth management unit to Bain Capital, with sources suggesting a transaction value between A$400 million and A$500 million after a prolonged negotiation process involving multiple suitors, including Oaktree Capital Management and TA Associates (Key Developments).Narrative Update • Feb 24
PPT: Stable Assumptions And Lower Discount Rate Will Support Upside
Analysts have modestly revised their price target for Perpetual to A$20.57, reflecting slightly updated assumptions on discount rate, long term revenue growth, profit margin and future P/E multiples, while keeping overall fair value broadly unchanged. Valuation Changes Fair Value: A$20.57 is unchanged, indicating no shift in the overall assessed valuation.Narrative Update • Feb 09
PPT: Higher Discount Rate Will Support Attractive Long Term Upside
Analysts have lowered their price target on Perpetual from A$21.66 to A$20.57, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E that they believe more accurately reflect current business conditions. Valuation Changes Fair Value: reduced from A$21.66 to A$20.57, a cut of about A$1.09 per share.Analysis Article • Nov 28
There's No Escaping Perpetual Limited's (ASX:PPT) Muted Revenues
With a price-to-sales (or "P/S") ratio of 1.5x Perpetual Limited ( ASX:PPT ) may be sending very bullish signals at the...Narrative Update • Aug 30
Capital Influx And Cost Savings Will Secure Future Flexibility
The consensus price target for Perpetual has increased, primarily reflecting stronger forecasts for revenue growth and a notable improvement in net profit margin, with fair value rising from A$20.76 to A$21.72. What's in the News Perpetual expects to recognize a non-cash impairment charge of approximately $153.7 million for FY25, mainly due to goodwill and customer contract write-downs at the J O Hambro Asset Management business, following significant net outflows in key strategies.
New Narrative • Apr 27
Capital Influx And Cost Savings Will Secure Future Flexibility
The sale of the Wealth Management business will provide capital to reduce debt, enhancing financial flexibility and potentially improving net margins and earnings.Analysis Article • Jan 21
Insufficient Growth At Perpetual Limited (ASX:PPT) Hampers Share Price
You may think that with a price-to-sales (or "P/S") ratio of 1.7x Perpetual Limited ( ASX:PPT ) is definitely a stock...Analysis Article • Oct 18
Perpetual Limited's (ASX:PPT) Revenues Are Not Doing Enough For Some Investors
With a price-to-sales (or "P/S") ratio of 1.7x Perpetual Limited ( ASX:PPT ) may be sending very bullish signals at the...Analysis Article • Sep 06
Perpetual (ASX:PPT) Is Reducing Its Dividend To A$0.53
Perpetual Limited's ( ASX:PPT ) dividend is being reduced from last year's payment covering the same period to A$0.53...Analysis Article • Apr 18
What You Can Learn From Perpetual Limited's (ASX:PPT) P/E
Perpetual Limited's ( ASX:PPT ) price-to-earnings (or "P/E") ratio of 40.7x might make it look like a strong sell right...Analysis Article • Aug 29
Perpetual (ASX:PPT) Has Announced That It Will Be Increasing Its Dividend To A$0.97
Perpetual Limited's ( ASX:PPT ) dividend will be increasing from last year's payment of the same period to A$0.97 on...Shareholder Returns
| PPT | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | -2.2% | 2.3% | 0.6% |
| 1Y | -7.9% | 3.2% | 3.3% |
Return vs Industry: PPT underperformed the Australian Capital Markets industry which returned 3% over the past year.
Return vs Market: PPT underperformed the Australian Market which returned 3.9% over the past year.
Price Volatility
| PPT volatility | |
|---|---|
| PPT Average Weekly Movement | 3.2% |
| Capital Markets Industry Average Movement | 5.3% |
| Market Average Movement | 10.2% |
| 10% most volatile stocks in AU Market | 17.3% |
| 10% least volatile stocks in AU Market | 4.0% |
Stable Share Price: PPT has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: PPT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 1,789 | Bernard Reilly | www.perpetual.com.au |
Perpetual Limited is a publicly owned investment manager. The firm offers a range of financial products and services in Australia. The company provides funds management, portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services, and mortgage processing services.
Perpetual Limited Fundamentals Summary
| PPT fundamental statistics | |
|---|---|
| Market cap | AU$1.79b |
| Earnings (TTM) | -AU$16.30m |
| Revenue (TTM) | AU$1.40b |
1.3x
P/S Ratio-109.6x
P/E RatioIs PPT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PPT income statement (TTM) | |
|---|---|
| Revenue | AU$1.40b |
| Cost of Revenue | AU$781.70m |
| Gross Profit | AU$619.90m |
| Other Expenses | AU$636.20m |
| Earnings | -AU$16.30m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 27, 2026
| Earnings per share (EPS) | -0.14 |
| Gross Margin | 44.23% |
| Net Profit Margin | -1.16% |
| Debt/Equity Ratio | 46.0% |
How did PPT perform over the long term?
See historical performance and comparisonDividends
7.3%
Current Dividend Yield-779%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/19 04:18 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Perpetual Limited is covered by 23 analysts. 6 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 |
|---|---|
| Marcus Barnard | Bell Potter |
| Freya Kong | BofA Global Research |
| Lara Tufegdzic | BofA Global Research |