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

PPT Stock Overview

Perpetual Limited is a publicly owned investment manager.

PPT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 22% below our estimate of its fair value

Earnings are forecast to grow 26.37% per year

Risk Analysis

Profit margins (5.1%) are lower than last year (9%)

Dividend of 5.38% is not well covered by earnings

Perpetual Limited Competitors

MFF Capital Investments

ASX:MFF

AU$2.1b

Pinnacle Investment Management Group

ASX:PNI

AU$2.2b

Netwealth Group

ASX:NWL

AU$4.8b

BKI Investment

ASX:BKI

AU$1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Perpetual
Historical stock prices
Current Share Price	AU$24.19
52 Week High	AU$26.78
52 Week Low	AU$18.73
Beta	1.35
1 Month Change	0.31%
3 Month Change	-6.75%
1 Year Change	0.21%
3 Year Change	-28.60%
5 Year Change	-40.87%
Change since IPO	-48.33%

Recent updates

Shareholder Returns

	PPT	AU Capital Markets	AU Market
7D	-4.2%	-1.5%	-2.2%
1Y	0.2%	5.2%	4.5%

Return vs Industry: PPT underperformed the Australian Capital Markets industry which returned 5.2% over the past year.

Return vs Market: PPT underperformed the Australian Market which returned 4.5% over the past year.

Price Volatility

Is PPT's price volatile compared to industry and market?
PPT volatility
PPT Average Weekly Movement	3.0%
Capital Markets Industry Average Movement	4.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.4%

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	1,870	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$2.71b
Earnings (TTM)	AU$66.70m
Revenue (TTM)	AU$1.31b

40.4x

P/E Ratio

2.1x

P/S 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$1.31b
Cost of Revenue	AU$748.20m
Gross Profit	AU$564.00m
Other Expenses	AU$497.30m
Earnings	AU$66.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 29, 2024

Earnings per share (EPS)	0.60
Gross Margin	42.98%
Net Profit Margin	5.08%
Debt/Equity Ratio	31.6%

How did PPT perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

211%

Payout Ratio

PPT Stock Overview

Rewards

Risk Analysis

Perpetual Limited Competitors

ASX:MFF

AU$2.1b

ASX:PNI

AU$2.2b

ASX:NWL

AU$4.8b

ASX:BKI

AU$1.4b

Price History & Performance

Recent News & Updates

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

Recent updates

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

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

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

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

Full year 2023 earnings released: EPS: AU$0.73 (vs AU$1.80 in FY 2022)

Perpetual Limited Provides Executive Committee Update

Investor sentiment deteriorates as stock falls 15%

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

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

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

Full year 2022 earnings released: EPS: AU$1.80 (vs AU$1.32 in FY 2021)

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

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

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

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

Upcoming dividend of AU$0.96 per share

Full year 2021 earnings released: EPS AU$1.35 (vs AU$1.76 in FY 2020)

Perpetual Limited (ASX:PPT) acquired Jacaranda Financial Planning Pty Ltd.

Independent Director recently bought AU$102k worth of stock

Upcoming Dividend of AU$0.84 Per Share

Independent Non-Executive Director recently bought AU$120k worth of stock

First half 2021 earnings released: EPS AU$0.54 (vs AU$1.10 in 1H 2020)

New 90-day low: AU$31.50

Revenue beats expectations

New 90-day high: AU$36.23

New 90-day high: AU$35.96

New 90-day high: AU$33.05

Perpetual Limited to Report First Half, 2021 Results on Feb 18, 2021

Perpetual Limited, Annual General Meeting, Oct 21, 2021

New 90-day low: AU$27.57

Independent Director recently bought AU$112k worth of stock

New 90-day low: AU$27.81

Perpetual Limited has completed a Follow-on Equity Offering in the amount of AUD 51.51 million.

Perpetual Limited (ASX:PPT) entered into a definitive agreement to acquire 75.1% stake in Barrow, Hanley, Mewhinney & Strauss, Inc. from BrightSphere Investment Group Inc. (NYSE:BSIG) for approximately $320 million.

Shareholder Returns

Price Volatility

About the Company

Perpetual Limited Fundamentals Summary