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People Infrastructure

ASX:PPE
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PPE
ASX
A$267M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

People Infrastructure Ltd, a workforce management company, provides contracted staffing and human resources outsourcing services in Australia and New Zealand. The last earnings update was 156 days ago. More info.


Add to Portfolio Compare Print
  • People Infrastructure has significant price volatility in the past 3 months.
PPE Share Price and Events
7 Day Returns
4.8%
ASX:PPE
-1.7%
AU Professional Services
0%
AU Market
1 Year Returns
124.3%
ASX:PPE
1.5%
AU Professional Services
4.8%
AU Market
PPE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
People Infrastructure (PPE) 4.8% 12.8% 51.2% 124.3% - -
AU Professional Services -1.7% 1.7% 10.1% 1.5% 17.6% 12.5%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • PPE outperformed the Professional Services industry which returned 1.5% over the past year.
  • PPE outperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is People Infrastructure undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of People Infrastructure to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for People Infrastructure.

ASX:PPE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:PPE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.851 (1 + (1- 30%) (6.87%))
0.928
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.928 * 5.96%)
7.84%

Discounted Cash Flow Calculation for ASX:PPE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for People Infrastructure is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:PPE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 7.84%)
2020 14.80 Analyst x2 13.72
2021 17.35 Analyst x2 14.92
2022 19.40 Est @ 11.81% 15.47
2023 21.14 Est @ 8.96% 15.63
2024 22.61 Est @ 6.96% 15.50
2025 23.87 Est @ 5.57% 15.17
2026 24.96 Est @ 4.59% 14.72
2027 25.94 Est @ 3.91% 14.18
2028 26.83 Est @ 3.43% 13.60
2029 27.66 Est @ 3.09% 13.00
Present value of next 10 years cash flows A$145.90
ASX:PPE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$27.66 × (1 + 2.31%) ÷ (7.84% – 2.31%)
A$511.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$511.72 ÷ (1 + 7.84%)10
A$240.53
ASX:PPE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$145.90 + A$240.53
A$386.43
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$386.43 / 72.40
A$5.34
ASX:PPE Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$5.34
Current discount Discount to share price of A$3.69
= -1 x (A$3.69 - A$5.34) / A$5.34
30.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price People Infrastructure is available for.
Intrinsic value
31%
Share price is A$3.69 vs Future cash flow value of A$5.34
Current Discount Checks
For People Infrastructure to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • People Infrastructure's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • People Infrastructure's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for People Infrastructure's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are People Infrastructure's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PPE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.14
ASX:PPE Share Price ** ASX (2019-07-19) in AUD A$3.69
Australia Professional Services Industry PE Ratio Median Figure of 10 Publicly-Listed Professional Services Companies 19.66x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of People Infrastructure.

ASX:PPE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PPE Share Price ÷ EPS (both in AUD)

= 3.69 ÷ 0.14

26.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • People Infrastructure is overvalued based on earnings compared to the AU Professional Services industry average.
  • People Infrastructure is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does People Infrastructure's expected growth come at a high price?
Raw Data
ASX:PPE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
30.4%per year
Australia Professional Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Professional Services Companies 1.31x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

ASX:PPE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.49x ÷ 30.4%

0.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • People Infrastructure is good value based on expected growth next year.
Price based on value of assets
What value do investors place on People Infrastructure's assets?
Raw Data
ASX:PPE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.72
ASX:PPE Share Price * ASX (2019-07-19) in AUD A$3.69
Australia Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 2.14x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:PPE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PPE Share Price ÷ Book Value per Share (both in AUD)

= 3.69 ÷ 0.72

5.12x

* Primary Listing of People Infrastructure.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • People Infrastructure is overvalued based on assets compared to the AU Professional Services industry average.
X
Value checks
We assess People Infrastructure's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. People Infrastructure has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is People Infrastructure expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is People Infrastructure expected to grow at an attractive rate?
  • People Infrastructure's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • People Infrastructure's earnings growth is expected to exceed the Australia market average.
  • People Infrastructure's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:PPE Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:PPE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 30.4%
ASX:PPE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 14.6%
Australia Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 19.9%
Australia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:PPE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PPE Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30
2022-06-30 389 1
2021-06-30 396 19 19 3
2020-06-30 368 15 16 3
2019-06-30 276 10 10 3
ASX:PPE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 246 7 9
2018-09-30 233 6 7
2018-06-30 219 6 5
2017-06-30 144 2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • People Infrastructure's earnings are expected to grow significantly at over 20% yearly.
  • People Infrastructure's revenue is expected to grow by 14.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:PPE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from People Infrastructure Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PPE Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30 0.26 0.26 0.26 1.00
2020-06-30 0.23 0.23 0.23 1.00
2019-06-30 0.15 0.15 0.15 1.00
ASX:PPE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.14
2018-09-30 0.13
2018-06-30 0.11
2017-06-30 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • People Infrastructure is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess People Infrastructure's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
People Infrastructure has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has People Infrastructure performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare People Infrastructure's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if People Infrastructure's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare People Infrastructure's 1-year earnings growth to the 5-year average due to insufficient past data.
  • People Infrastructure's earnings growth has exceeded the AU Professional Services industry average in the past year (633.1% vs 11.3%).
Earnings and Revenue History
People Infrastructure's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from People Infrastructure Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PPE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 245.79 8.94 1.67
2018-09-30 232.60 7.06 1.67
2018-06-30 219.40 5.17 1.68
2017-06-30 144.30 -2.80 1.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • People Infrastructure has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • People Infrastructure used its assets more efficiently than the AU Professional Services industry average last year based on Return on Assets.
  • Unable to establish if People Infrastructure improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess People Infrastructure's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
People Infrastructure has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is People Infrastructure's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up People Infrastructure's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • People Infrastructure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • People Infrastructure's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of People Infrastructure's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from People Infrastructure Company Filings, last reported 6 months ago.

ASX:PPE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 46.95 17.43 5.32
2018-09-30 46.95 17.43 5.32
2018-06-30 42.94 11.91 4.81
2017-06-30 -2.10 52.33 4.85
  • People Infrastructure's level of debt (39.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if People Infrastructure's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (35.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10x coverage).
X
Financial health checks
We assess People Infrastructure's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. People Infrastructure has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is People Infrastructure's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.17%
Current annual income from People Infrastructure dividends. Estimated to be 3.89% next year.
If you bought A$2,000 of People Infrastructure shares you are expected to receive A$43 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • People Infrastructure's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (2.53%).
  • People Infrastructure's dividend is below the markets top 25% of dividend payers in Australia (5.79%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:PPE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Australia Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 2.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:PPE Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30
2022-06-30 0.17 1.00
2021-06-30 0.15 3.00
2020-06-30 0.13 3.00
2019-06-30 0.08 3.00
ASX:PPE Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-14 0.080 3.053
2018-08-23 0.040 2.010

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether People Infrastructure has stable dividend payments.
  • People Infrastructure only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of People Infrastructure's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess People Infrastructure's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can People Infrastructure afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. People Infrastructure has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of People Infrastructure's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Declan Sherman
COMPENSATION A$399,747
TENURE AS CEO 3.5 years
CEO Bio

Mr. Declan Sherman has been Managing Director of People Infrastructure since 2016 and serves as its Executive Director. Mr. Sherman joined People Infrastructure in 2015. Mr. Sherman founded Everlight Capital in 2010 and serves as its Managing Director. Mr. Sherman has a distinguished history in financial services and operational consulting. From 1999 to 2010, Mr. Sherman worked in the private equity and investment banking divisions of Macquarie Group in both Sydney and in New York.

CEO Compensation
  • Declan's compensation has increased in line with People Infrastructure recently becoming profitable.
  • Declan's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the People Infrastructure management team in years:

2.5
Average Tenure
  • The tenure for the People Infrastructure management team is about average.
Management Team

Declan Sherman

TITLE
MD & Executive Director
COMPENSATION
A$400K
TENURE
3.5 yrs

Tom Reardon

TITLE
Executive Director
COMPENSATION
A$493K

Linda Cascone

TITLE
Chief Financial Officer
TENURE
2.5 yrs

Zoe Levendel

TITLE
Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure of the People Infrastructure board of directors in years:

2.5
Average Tenure
  • The average tenure for the People Infrastructure board of directors is less than 3 years, this suggests a new board.
Board of Directors

Glen Richards

TITLE
Non Executive Chairman
COMPENSATION
A$104K

Declan Sherman

TITLE
MD & Executive Director
COMPENSATION
A$400K
TENURE
2.8 yrs

Tom Reardon

TITLE
Executive Director
COMPENSATION
A$493K
TENURE
2.5 yrs

Liz Savage

TITLE
Independent Non-Executive Director
COMPENSATION
A$60K
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
21. Jun 19 Sell Perennial Value Management Limited Company 17. Jun 19 18. Jun 19 -331,121 A$3.15 A$-1,041,174
18. Jun 19 Sell Perennial Value Management Limited Company 03. Jun 19 14. Jun 19 -1,149,418 A$3.08 A$-3,520,239
04. Jun 19 Sell Perennial Value Management Limited Company 08. Mar 19 31. May 19 -1,284,235 A$2.79 A$-3,364,653
04. Jun 19 Buy Perennial Value Management Limited Company 22. Mar 19 26. Apr 19 551,029 A$2.40 A$1,213,003
07. Mar 19 Sell Perennial Value Management Limited Company 15. Feb 19 19. Feb 19 -164,337 A$2.35 A$-385,020
07. Mar 19 Buy Perennial Value Management Limited Company 28. Dec 18 05. Mar 19 2,653,260 A$2.31 A$6,087,806
06. Mar 19 Sell Thomas Reardon Individual 05. Mar 19 05. Mar 19 -500,000 A$2.30 A$-1,150,000
31. Dec 18 Buy Perennial Value Management Limited Company 20. Nov 18 27. Dec 18 671,798 A$2.16 A$1,300,506
29. Nov 18 Buy Glen Richards Individual 27. Nov 18 27. Nov 18 300,000 A$1.90 A$570,000
21. Nov 18 Buy Perennial Value Management Limited Company 25. Oct 18 19. Nov 18 737,641 A$2.05 A$1,483,083
26. Oct 18 Sell Perennial Value Management Limited Company 27. Aug 18 05. Sep 18 -52,370 A$2.09 A$-108,592
26. Oct 18 Buy Perennial Value Management Limited Company 24. Aug 18 24. Oct 18 900,412 A$2.20 A$1,884,819
04. Sep 18 Buy Elizabeth Savage Individual 29. Aug 18 29. Aug 18 19,490 A$2.04 A$39,760
21. Aug 18 Buy Perennial Value Management Limited Company 17. Aug 18 17. Aug 18 700,000 A$1.78 A$1,248,741
20. Aug 18 Sell Perennial Value Management Limited Company 17. Apr 18 09. Aug 18 -174,755 A$1.74 A$-279,415
20. Aug 18 Buy Perennial Value Management Limited Company 06. Jun 18 16. Aug 18 2,198,645 A$1.80 A$3,828,286
X
Management checks
We assess People Infrastructure's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. People Infrastructure has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is People Infrastructure Ltd's (ASX:PPE) Growth Strong Enough To Justify Its July Share Price?

People Infrastructure Ltd (ASX:PPE) is considered a high-growth stock, but its last closing price of A$3.42 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … See our latest analysis for People Infrastructure Exciting times ahead for PPE People Infrastructure's extremely high growth potential in the near future is attracting investors. … PPE is trading at price-to-earnings (PE) ratio of 24.55x, which suggests that People Infrastructure is overvalued based on current earnings compared to the Professional Services industry average of 19.87x , and overvalued compared to the AU market average ratio of 16.31x.

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Is People Infrastructure Ltd (ASX:PPE) A High Quality Stock To Own?

Check out our latest analysis for People Infrastructure How Do I Calculate Return On Equity? … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for People Infrastructure: 19% = AU$8.9m ÷ AU$47m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … In my book the highest quality companies have high return on equity, despite low debt.

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Is People Infrastructure Ltd (ASX:PPE) Trading At A 29% Discount?

Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. … Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (A$, Millions) A$4.80 A$10.60 A$11.80 A$12.77 A$13.59 A$14.29 A$14.91 A$15.47 A$15.98 A$16.46 Growth Rate Estimate Source Analyst x1 Analyst x1 Analyst x1 Est @ 8.2% Est @ 6.43% Est @ 5.2% Est @ 4.33% Est @ 3.73% Est @ 3.3% Est @ 3% Present Value (A$, Millions) Discounted @ 8.06% A$4.44 A$9.08 A$9.35 A$9.36 A$9.22 A$8.98 A$8.67 A$8.32 A$7.96 A$7.58 Present Value of 10-year Cash Flow (PVCF)= A$82.97m "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 10-year government bond rate of 2.3%.

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A Look At People Infrastructure Ltd's (ASX:PPE) Exceptional Fundamentals

Help shape the future of investing tools and you could win a $250 gift card! … Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on People Infrastructure Ltd (ASX:PPE) due to its excellent fundamentals in more than one area.

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What Kind Of Shareholder Appears On The People Infrastructure Ltd's (ASX:PPE) Shareholder Register?

Every investor in People Infrastructure Ltd (ASX:PPE) should be aware of the most powerful shareholder groups. … With a market capitalization of AU$153m, People Infrastructure is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for People Infrastructure

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How Does People Infrastructure Ltd (ASX:PPE) Fare As A Dividend Stock?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … People Infrastructure Ltd (ASX:PPE) has begun paying dividends recently. … View our latest analysis for People Infrastructure

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What You Should Know About People Infrastructure Ltd's (ASX:PPE) Financial Strength

While small-cap stocks, such as People Infrastructure Ltd (ASX:PPE) with its market cap of AU$154m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Understanding the company's financial health becomes. … The following basic checks can help you get a picture of the company's balance sheet strength.

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Do You Know About People Infrastructure Ltd’s (ASX:PPE) ROCE?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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The People Infrastructure Share Price Has Gained 67% And Shareholders Are Hoping For More

To wit, the People Infrastructure Ltd (ASX:PPE) share price is 67% higher than it was a year ago, much better than the market return of around 7.6% in the same period. … During the last year People Infrastructure grew its earnings per share, moving from a loss to a profit. … When a company has just transitioned to profitability, earnings per share growth is not always the best way to look at the share price action.

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People Infrastructure Ltd (ASX:PPE) Is Trading At A 24.16% Discount

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF) … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model.

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Company Info

Description

People Infrastructure Ltd, a workforce management company, provides contracted staffing and human resources outsourcing services in Australia and New Zealand. The company offers recruiting, on-boarding, rostering, timesheet management, pay rolling, and workplace health and safety management services. It serves community service, mining, general industrial, infrastructure, construction, food processing, childcare, government, landscaping, and hospitality sectors. The company was founded in 1996 and is based in Albion, Australia.

Details
Name: People Infrastructure Ltd
PPE
Exchange: ASX
Founded: 1996
A$267,170,870
72,404,030
Website: http://www.peopleinfrastructure.com
Address: People Infrastructure Ltd
69-75 Sandgate Road,
Albion,
Queensland, 4010,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PPE Ordinary Shares Australian Securities Exchange AU AUD 22. Nov 2017
Number of employees
Current staff
Staff numbers
0
People Infrastructure employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:40
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/03
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.