ASX:PPTCapital Markets
Perpetual (ASX:PPT) Could Be 8% Undervalued On Earnings Recovery And Asset Sale Plans
Earnings recovery and business reshaping at Perpetual
Perpetual (ASX:PPT) has drawn fresh attention after its full year 2026 earnings showed net income of A$88.9 million, compared with a net loss a year earlier, alongside modest sales of A$1,156.3 million.
Investors are also weighing a planned sale of the wealth management business, impairment guidance for Thompson, Siegel & Walmsley LLC, and a reported 6% rise in underlying profit after tax to A$217 million.
Perpetual’s latest earnings and...