Perpetual Limited is a publicly owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$40.95|
|52 Week High||AU$27.00|
|52 Week Low||AU$42.45|
|1 Month Change||7.12%|
|3 Month Change||8.68%|
|1 Year Change||39.62%|
|3 Year Change||23.08%|
|5 Year Change||-9.98%|
|Change since IPO||715.74%|
Recent News & Updates
Increases to CEO Compensation Might Be Put On Hold For Now at Perpetual Limited (ASX:PPT)
CEO Rob Adams has done a decent job of delivering relatively good performance at Perpetual Limited ( ASX:PPT...
Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's
The board of Perpetual Limited ( ASX:PPT ) has announced that it will be increasing its dividend on the 24th of...
|PPT||AU Capital Markets||AU Market|
Return vs Industry: PPT exceeded the Australian Capital Markets industry which returned 26.8% over the past year.
Return vs Market: PPT exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: PPT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PPT's weekly volatility (4%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|PPT fundamental statistics|
Is PPT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PPT income statement (TTM)|
|Cost of Revenue||AU$342.02m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
|Earnings per share (EPS)||1.34|
|Net Profit Margin||11.48%|
How did PPT perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is Perpetual undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PPT (A$40.95) is trading below our estimate of fair value (A$56.82)
Significantly Below Fair Value: PPT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PPT is poor value based on its PE Ratio (30.6x) compared to the Australian Capital Markets industry average (16.7x).
PE vs Market: PPT is poor value based on its PE Ratio (30.6x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: PPT is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: PPT is overvalued based on its PB Ratio (2.5x) compared to the AU Capital Markets industry average (1.4x).
How is Perpetual forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPT's forecast earnings growth (23.4% per year) is above the savings rate (1.9%).
Earnings vs Market: PPT's earnings (23.4% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PPT's revenue (7.7% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: PPT's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PPT's Return on Equity is forecast to be low in 3 years time (17.4%).
How has Perpetual performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPT has high quality earnings.
Growing Profit Margin: PPT's current net profit margins (11.5%) are lower than last year (16.7%).
Past Earnings Growth Analysis
Earnings Trend: PPT's earnings have declined by 13.7% per year over the past 5 years.
Accelerating Growth: PPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PPT had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Capital Markets industry average (12.8%).
Return on Equity
High ROE: PPT's Return on Equity (8.2%) is considered low.
How is Perpetual's financial position?
Financial Position Analysis
Short Term Liabilities: PPT's short term assets (A$457.4M) exceed its short term liabilities (A$361.1M).
Long Term Liabilities: PPT's short term assets (A$457.4M) exceed its long term liabilities (A$351.0M).
Debt to Equity History and Analysis
Debt Level: PPT's debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: PPT's debt to equity ratio has increased from 14.4% to 18.2% over the past 5 years.
Debt Coverage: PPT's debt is well covered by operating cash flow (77.5%).
Interest Coverage: PPT's interest payments on its debt are well covered by EBIT (11.6x coverage).
What is Perpetual current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPT's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: PPT's dividend (4.4%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: PPT's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (133.3%), PPT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PPT's dividends in 3 years are forecast to be covered by earnings (79.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Adams (54 yo)
Mr. Robert William Adams, also known as Rob, has been Managing Director and Chief Executive Officer at Perpetual Ltd. since September 24, 2018 and also Director since September 26, 2018. Mr. Adams serves a...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.72M) is about average for companies of similar size in the Australian market ($USD1.40M).
Compensation vs Earnings: Rob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: PPT's management team is considered experienced (3 years average tenure).
Experienced Board: PPT's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PPT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Perpetual Limited's employee growth, exchange listings and data sources
- Name: Perpetual Limited
- Ticker: PPT
- Exchange: ASX
- Founded: 1886
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$2.294b
- Shares outstanding: 56.02m
- Website: https://www.perpetual.com.au
Number of Employees
- Perpetual Limited
- Angel Place
- Level 18
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 07:05|
|End of Day Share Price||2021/10/22 00:00|
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.