Perpetual Limited is a publicly owned investment manager. More Details
Flawless balance sheet and good value.
Share Price & News
How has Perpetual's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPT has not had significant price volatility in the past 3 months.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: PPT underperformed the Australian Capital Markets industry which returned -4.9% over the past year.
Return vs Market: PPT underperformed the Australian Market which returned -9.6% over the past year.
Price Volatility Vs. Market
How volatile is Perpetual's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
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$27.33) is trading below our estimate of fair value (A$39.42)
Significantly Below Fair Value: PPT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PPT is good value based on its PE Ratio (15.4x) compared to the AU Capital Markets industry average (23x).
PE vs Market: PPT is good value based on its PE Ratio (15.4x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: PPT is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: PPT is overvalued based on its PB Ratio (1.9x) compared to the AU Capital Markets industry average (1.2x).
How is Perpetual forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPT's forecast earnings growth (13.7% per year) is above the savings rate (2.3%).
Earnings vs Market: PPT's earnings (13.7% per year) are forecast to grow slower than the Australian market (17.6% per year).
High Growth Earnings: PPT's earnings are forecast to grow, but not significantly.
Revenue vs Market: PPT's revenue (10.6% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: PPT's revenue (10.6% 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 (15.1%).
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 (16.7%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: PPT's earnings have declined by 4.6% 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 (-29.2%) over the past year, making it difficult to compare to the Capital Markets industry average (-7.9%).
Return on Equity
High ROE: PPT's Return on Equity (12.5%) is considered low.
How is Perpetual's financial position?
Financial Position Analysis
Short Term Liabilities: PPT's short term assets (A$505.7M) exceed its short term liabilities (A$390.9M).
Long Term Liabilities: PPT's short term assets (A$505.7M) exceed its long term liabilities (A$124.0M).
Debt to Equity History and Analysis
Debt Level: PPT is debt free.
Reducing Debt: PPT has no debt compared to 5 years ago when its debt to equity ratio was 14.9%.
Debt Coverage: PPT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PPT has no debt, therefore coverage of interest payments is not a concern.
What is Perpetual current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPT's dividend (3.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: PPT's dividend (3.68%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).
Stability and Growth of Payments
Stable Dividend: PPT's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.9%), PPT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PPT's dividends in 3 years are forecast to be covered by earnings (75.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Adams (54 yo)
Mr. Robert William Adams, also known as Rob, has been Managing Director and Chief Executive Officer at Perpetual Ltd. since September 24, 2018 and also Director since September 26, 2018. Mr. Adams serves a ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.29M) is above average for companies of similar size in the Australian market ($USD940.11K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||2yrs||AU$1.83m||0.058% |
|Chief Financial Officer||2yrs||AU$966.28k||0.033% |
|Chief Operating Officer||0.42yr||AU$196.39k||no data|
|Group Executive of Perpetual Private||7.83yrs||AU$945.70k||0.030% |
|Group Executive of Perpetual Corporate Trust||2yrs||AU$596.59k||0% |
|Group Executive of International Asset Management||3.42yrs||AU$767.39k||0.0084% |
|Chief Risk Officer||1.58yrs||AU$673.31k||no data|
|General Manager of Corporate Affairs & Investor Relations||no data||no data||no data|
|General Manager of Corporate Communications||no data||no data||no data|
|Managing Director of Credit & Fixed Income||0.75yr||no data||no data|
|Head of Multi Asset||6.25yrs||no data||no data|
|Head of Equities & Portfolio Manager of Concentrated Equity||5.58yrs||no data||no data|
Experienced Management: PPT's management team is considered experienced (2 years average tenure).
|MD, CEO & Director||2yrs||AU$1.83m||0.058% |
|Independent Director||8yrs||AU$184.50k||0.014% |
|Independent Chairman||3.42yrs||AU$300.00k||0.016% |
|Independent Director||5yrs||AU$196.68k||0.0089% |
|Independent Director||0.83yr||AU$99.44k||0.0026% |
|Independent Director||5.58yrs||AU$195.00k||0.017% |
|Independent Non-Executive Director||1yr||AU$151.82k||0.0031% |
Experienced Board: PPT's board of directors are considered experienced (3.4 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 been diluted in the past year, with total shares outstanding growing by 20.6%.
Perpetual Limited's company bio, employee growth, exchange listings and data sources
- Name: Perpetual Limited
- Ticker: PPT
- Exchange: CHIA
- Founded: 1886
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$1.519b
- Shares outstanding: 55.84m
- Website: https://www.perpetual.com.au
Number of Employees
- Perpetual Limited
- Angel Place
- Level 18
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PPT||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|PVQ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|PPT||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|PRPL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
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 pla ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 10:41|
|End of Day Share Price||2020/10/30 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.