Perpetual (ASX:PPT) - Stock Price, News & Analysis

PPT Stock Overview

A publicly owned investment manager.

PPT fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 44.4% below our estimate of its fair value

Earnings are forecast to grow 80.4% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 22.6%

Risk Analysis

Dividend of 6.01% is not well covered by earnings

Perpetual Limited Competitors

MFF Capital Investments

ASX:MFF

AU$2.2b

BKI Investment

ASX:BKI

AU$1.4b

Insignia Financial

ASX:IFL

AU$1.5b

Netwealth Group

ASX:NWL

AU$5.5b

Price History & Performance

Summary of all time highs, changes and price drops for Perpetual
Historical stock prices
Current Share Price	AU$19.65
52 Week High	AU$26.50
52 Week Low	AU$18.70
Beta	1.35
11 Month Change	-11.37%
3 Month Change	-9.24%
1 Year Change	-6.96%
33 Year Change	-52.51%
5 Year Change	-45.11%
Change since IPO	291.43%

Recent updates

What You Can Learn From Perpetual Limited's (ASX:PPT) P/E

Apr 18

Perpetual (ASX:PPT) Has Announced That It Will Be Increasing Its Dividend To A$0.97

Aug 29

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27

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

Oct 14

What Type Of Returns Would Perpetual's(ASX:PPT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 12

Do Investors Have Good Reason To Be Wary Of Perpetual Limited's (ASX:PPT) 2.9% Dividend Yield?

Dec 08

Shareholder Returns

	PPT	AU Capital Markets	AU Market
7D	-5.9%	0.7%	0.03%
1Y	-7.0%	18.9%	9.5%

Return vs Industry: PPT underperformed the Australian Capital Markets industry which returned 18.9% over the past year.

Return vs Market: PPT underperformed the Australian Market which returned 9.5% over the past year.

Price Volatility

Is PPT's price volatile compared to industry and market?
PPT volatility
PPT Average Weekly Movement	2.6%
Capital Markets Industry Average Movement	4.3%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: PPT has not had significant price volatility in the past 3 months.

Volatility Over Time: PPT's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	1,877	Rob Adams	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

How do Perpetual's earnings and revenue compare to its market cap?
PPT fundamental statistics
Market cap	AU$2.16b
Earnings (TTM)	-AU$472.20m
Revenue (TTM)	AU$1.36b

1.6x

P/S Ratio

-4.6x

P/E Ratio

Is PPT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPT income statement (TTM)
Revenue	AU$1.36b
Cost of Revenue	AU$807.00m
Gross Profit	AU$550.50m
Other Expenses	AU$1.02b
Earnings	-AU$472.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-4.29
Gross Margin	40.55%
Net Profit Margin	-34.78%
Debt/Equity Ratio	39.0%

How did PPT perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

-28%

Payout Ratio

PPT Stock Overview

Rewards

Risk Analysis

Perpetual Limited Competitors

ASX:MFF

AU$2.2b

ASX:BKI

AU$1.4b

ASX:IFL

AU$1.5b

ASX:NWL

AU$5.5b

Price History & Performance

Recent News & Updates

Perpetual Limited Announces Final Dividend, Payable on 4 October 2024

Full year 2024 earnings: EPS misses analyst expectations

Perpetual Limited Announces Board and Committee Changes

Perpetual Limited Announces Chief Executive Officer Changes

Perpetual Limited, Annual General Meeting, Oct 17, 2024

Consensus EPS estimates fall by 39%

Recent updates

Perpetual Limited Announces Final Dividend, Payable on 4 October 2024

Full year 2024 earnings: EPS misses analyst expectations

Perpetual Limited Announces Board and Committee Changes

Perpetual Limited Announces Chief Executive Officer Changes

Perpetual Limited, Annual General Meeting, Oct 17, 2024

Consensus EPS estimates fall by 39%

PYFA Australia Pty Ltd completed the acquisition of remaining 89.67% stake in Probiotec Limited (ASX:PBP).

KKR & Co. Inc. (NYSE:KKR) agreed to acquire Wealth Management and Corporate Trust businesses of Perpetual Limited (ASX:PPT) for AUD 2.1 billion

Perpetual Confirms Talks with KKR

Now 21% undervalued after recent price drop

What You Can Learn From Perpetual Limited's (ASX:PPT) P/E

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.65 per share

Perpetual Limited to Report Fiscal Year 2024 Results on Oct 31, 2024

Washington H. Soul Pattinson and Company Limited cancelled the acquisition of Perpetual Limited (ASX:PPT) for AUD 2.7 billion.

Perpetual Limited Announces Executive Changes

Perpetual Limited Announces Board Changes

Price target decreased by 7.9% to AU$27.06

Perpetual Limited to Report First Half, 2024 Results on Feb 23, 2024

Upcoming dividend of AU$0.65 per share at 5.7% yield

Consensus EPS estimates fall by 27%

Perpetual Limited Announces Fully Franked Dividend for the Six Months Ended June 30, 2023, Payable on September 29, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Perpetual Limited Provides Executive Committee Update

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of AU$0.55 per share at 8.5% yield

Consensus EPS estimates fall by 12%

First half 2023 earnings released: EPS: AU$0.47 (vs AU$1.05 in 1H 2022)

Consensus EPS estimates increase by 13%

Perpetual Limited Announces Special Dividend for the Quarter Ended September 30, 2022, Payable on February 8, 2023

Perpetual Limited Announces Board Changes

Perpetual Limited (ASX:PPT) completed the acquisition of acquire Pendal Group Limited (ASX:PDL) from a group of shareholders.

Perpetual Limited Confirms Special Dividend, Payable on 8 February 2023

Perpetual Limited Resolves Special Dividend for the 3-Month Period Ending 30 September 2022, Payable on 8 February 2023

Perpetual Limited Announces Appointment of Pendal Directors to the Perpetual Board

Perpetual Limited, Annual General Meeting, Oct 19, 2023

Perpetual Limited Promotes Vince Pezzullo as Head of Equities Within Perpetual Asset Management Australia

Regal Partners Limited (ASX:RPL) and Morello Pte. Limited cancelled the acquisition of Perpetual Resources Limited (ASX:PEC).

Regal Partners Limited (ASX:RPL) and Morello Pte. Limited made an offer to acquire Perpetual Limited (ASX:PEC) for AUD 1.7 billion.

Investor sentiment improved over the past week

Independent Director recently bought AU$1.2m worth of stock

Upcoming dividend of AU$0.97 per share

Perpetual (ASX:PPT) Has Announced That It Will Be Increasing Its Dividend To A$0.97

Full year 2022 earnings: EPS and revenues miss analyst expectations

Perpetual Limited Announces Fully Franked Dividend for Six Months Ended June 30, 2022, Payable on September 30, 2022

Perpetual, Pendal Deal Likely After Weekend Talks

Price target decreased to AU$35.77

IGO Nickel Holdings Pty Ltd completed the acquisition of Western Areas Limited (ASX:WSA) from Perpetual Limited (ASX:PPT), Wyloo Consolidated Investments Pty Ltd and others.

Perpetual Limited, Annual General Meeting, Oct 20, 2022

Perpetual Limited (ASX:PPT) entered into non-binding indicative proposal to acquire Pendal Group Limited (ASX:PDL) from a group of shareholders for AUD 2.6 billion.

Upcoming dividend of AU$1.12 per share

Perpetual's (ASX:PPT) Upcoming Dividend Will Be Larger Than Last Year's

First half 2022 earnings: EPS and revenues exceed analyst expectations

Perpetual Limited Declares an Interim Ordinary Dividend for the Six Months Ended 31 December 2021, Payable on 1 April 2022

Perpetual Limited Announces the Resignation of Richard McCarthy as Director of the Responsible Entity

Perpetual and Barrow Hanley Launch Two Mutual Funds

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

Upcoming dividend of AU$0.96 per share