PLS Group (PLS) Stock Overview
Engages in the exploration, development, and operation of mineral resources in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PLS from our risk checks.
PLS Community Fair Values
Create NarrativeSee what 264 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
PLS Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$6.40 |
| 52 Week High | AU$6.59 |
| 52 Week Low | AU$1.07 |
| Beta | 0.73 |
| 1 Month Change | 10.92% |
| 3 Month Change | 31.96% |
| 1 Year Change | 377.61% |
| 3 Year Change | 43.18% |
| 5 Year Change | 409.96% |
| Change since IPO | 39,900.00% |
Recent News & Updates
Narrative Update • May 19
PLS: Index Additions Will Sustain Rich Multiple Despite Higher Discount Rate
Analysts have modestly raised the price target for PLS Group to A$2.82 from A$2.63, reflecting updated views on discount rates, revenue growth and profit margins that feed into their refreshed fair value estimates. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, bringing the stock into a wider set of domestic institutional benchmarks (Key Developments).
Narrative Update • Apr 30
PLS: Index Inclusions And Steady Output Will Support Stronger Share Pricing
Analysts have raised their price target for PLS Group from A$5.80 to A$6.70, citing updated assumptions around revenue growth, profit margins and a higher future P/E multiple. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, bringing it into a wider group of large Australian listed companies that index funds and benchmarked investors track (Key Developments).
Narrative Update • Apr 15
PLS: Index Additions Will Not Prevent Future P/E Constraining Upside
Analysts have revised their price target on PLS Group to A$4.78 from A$4.57, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, putting the company alongside some of the larger and more traded names on the Australian market (Key Developments).Narrative Update • Apr 01
PLS: Lower Assumed Future P/E Will Constrain Share Price Upside
Analysts have lifted their price target for PLS Group to A$4.57 from A$3.00, reflecting updated assumptions for higher revenue growth, a stronger profit margin profile and a lower future P/E multiple. What's in the News PLS Group Limited added to the S&P/ASX 50 Index, increasing its visibility among large Australian equities (Key Developments).Recent updates
Narrative Update • May 19
PLS: Index Additions Will Sustain Rich Multiple Despite Higher Discount Rate
Analysts have modestly raised the price target for PLS Group to A$2.82 from A$2.63, reflecting updated views on discount rates, revenue growth and profit margins that feed into their refreshed fair value estimates. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, bringing the stock into a wider set of domestic institutional benchmarks (Key Developments).Narrative Update • Apr 30
PLS: Index Inclusions And Steady Output Will Support Stronger Share Pricing
Analysts have raised their price target for PLS Group from A$5.80 to A$6.70, citing updated assumptions around revenue growth, profit margins and a higher future P/E multiple. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, bringing it into a wider group of large Australian listed companies that index funds and benchmarked investors track (Key Developments).Narrative Update • Apr 15
PLS: Index Additions Will Not Prevent Future P/E Constraining Upside
Analysts have revised their price target on PLS Group to A$4.78 from A$4.57, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News PLS Group Limited (ASX:PLS) has been added to the S&P/ASX 50 Index, putting the company alongside some of the larger and more traded names on the Australian market (Key Developments).Narrative Update • Apr 01
PLS: Lower Assumed Future P/E Will Constrain Share Price Upside
Analysts have lifted their price target for PLS Group to A$4.57 from A$3.00, reflecting updated assumptions for higher revenue growth, a stronger profit margin profile and a lower future P/E multiple. What's in the News PLS Group Limited added to the S&P/ASX 50 Index, increasing its visibility among large Australian equities (Key Developments).Narrative Update • Mar 18
PLS: Higher Margins And Steady Output Will Support Stronger Share Pricing
Analysts have modestly revised their price target on PLS Group to A$5.80. This reflects slightly updated assumptions around discount rate, revenue growth, profit margin and future P/E, while keeping their overall valuation view broadly unchanged.Narrative Update • Mar 04
PLS: Higher Margins And Solid Output Will Support Stronger Share Pricing
Analysts have nudged their price target for PLS Group higher to A$5.80 from A$5.60, pointing to updated assumptions that combine a slightly higher discount rate with revised expectations for revenue growth, profit margins and future P/E. What's in the News PLS Group reported production results for the first half of fiscal 2026, with output of 432.8 Kt compared with 408.3 Kt in the same period a year earlier (Key Developments).Narrative Update • Feb 17
PLS: Rich Multiple Will Likely Persist Despite Higher Margins And Rebranding
Analysts have raised their price target for PLS Group to A$2.63 from A$2.40, citing updated assumptions for higher revenue, improved profit margins and a lower future P/E multiple. What's in the News On November 25, 2025, Pilbara Minerals Limited changed its name to PLS Group Limited.Narrative Update • Feb 03
PLS: Rebranding And Higher Margin Outlook Will Support Stronger Share Pricing
Analysts have raised their price target for PLS Group after updating their assumptions for fair value, revenue growth, profit margins and a lower future P/E multiple, resulting in a higher implied valuation for the shares. What's in the News On November 25, 2025, Pilbara Minerals Limited changed its name to PLS Group Limited, marking a formal rebranding of the listed entity (Key Developments).Narrative Update • Jan 20
PLS: Rich Multiple Will Likely Outweigh Stronger Margins Going Forward
Analysts have raised their price target on PLS Group from A$2.10 to A$2.40, citing updated assumptions based on higher expected revenue, an improved profit margin profile and a lower future P/E estimate in their models. What's in the News PLS Group is the new corporate name for Pilbara Minerals Limited, following an official change on November 25, 2025.Narrative Update • Jan 06
PLS: Elevated Future P/E Will Constrain Returns Despite Firmer Margins
The analyst price target for PLS Group remains at US$2.10, with analysts citing slightly adjusted assumptions for revenue growth, profit margins and future P/E as the basis for maintaining this level. What's in the News On November 25, 2025, Pilbara Minerals Limited changed its name to PLS Group Limited, reflecting the new corporate identity of the company (Key Developments).Narrative Update • Dec 14
PLS: Future Profits Will Lag Stronger Revenue As Margins Compress
Analysts have raised their price target on PLS Group significantly to reflect stronger projected revenue growth and higher perceived fair value, despite moderating profit margin expectations and a higher discount rate. What's in the News Pilbara Minerals Limited has rebranded as PLS Group Limited, signaling a broader corporate identity and strategic repositioning (company announcement).Narrative Update • Nov 30
PLS: Higher Discount Rate And Margin Pressure Will Limit Share Price Upside
Analysts have raised their price target for PLS Group from $2.89 to $3.00, citing revised expectations for slightly higher revenue growth and valuation multiples, even though there is a modest reduction in projected profit margins. What's in the News On November 25, 2025, Pilbara Minerals Limited changed its name to PLS Group Limited (Key Developments).Analysis Article • Nov 18
We Think Pilbara Minerals Limited's (ASX:PLS) CEO Compensation Package Needs To Be Put Under A Microscope
Key Insights Pilbara Minerals to hold its Annual General Meeting on 25th of November CEO Dale Henderson's total...Narrative Update • Nov 16
PLS: Rising Lithium Uncertainty Will Likely Limit Further Share Price Upside
The analyst price target for Pilbara Minerals has risen to A$2.89 from A$2.69. Analysts cite improving lithium prices and moderately stronger company fundamentals as key drivers of the upward revision.Narrative Update • Nov 01
PLS: Recent Price Rally Will Limit Further Upside Amid Market Uncertainty
The average analyst price target for Pilbara Minerals has increased by A$0.46 to A$2.69, as analysts cite improving profit margins, stronger forecasted revenue growth, and expectations of firmer lithium prices as key drivers behind the upward revision. Analyst Commentary Recent updates from equity research firms reflect a diversity of opinion on the outlook for Pilbara Minerals, with revisions both upwards and downwards in response to developments in the lithium market and company-specific performance.Narrative Update • Oct 17
Pilgangoora Expansion And Global Transition Will Empower Lithium Opportunities
Pilbara Minerals' analyst price target has been raised from A$2.16 to A$2.23, as analysts cite a shift towards higher lithium price expectations. This comes despite continued caution around sustainability and valuation in the sector.Narrative Update • Oct 03
Pilgangoora Expansion And Global Transition Will Empower Lithium Opportunities
Pilbara Minerals' analyst price target has increased modestly, rising by A$0.03 to A$2.16. Analysts cite sustained high lithium prices but express caution regarding valuation following recent share price gains.Narrative Update • Aug 27
Major Plant Expansions And Advanced Technology Will Unlock Lithium Potential
Analysts have raised Pilbara Minerals' price target to A$2.13, reflecting improved expectations for lithium prices and commodity fundamentals, though sentiment remains more neutral given recent share price appreciation and valuation concerns. Analyst Commentary Upward revisions to price targets based on expectations of higher lithium prices.Analysis Article • Aug 27
AU$2.13 - That's What Analysts Think Pilbara Minerals Limited (ASX:PLS) Is Worth After These Results
Shareholders might have noticed that Pilbara Minerals Limited ( ASX:PLS ) filed its full-year result this time last...Analysis Article • Aug 17
Improved Revenues Required Before Pilbara Minerals Limited (ASX:PLS) Stock's 29% Jump Looks Justified
Despite an already strong run, Pilbara Minerals Limited ( ASX:PLS ) shares have been powering on, with a gain of 29% in...Analysis Article • Aug 01
A Look At The Intrinsic Value Of Pilbara Minerals Limited (ASX:PLS)
Key Insights The projected fair value for Pilbara Minerals is AU$2.08 based on 2 Stage Free Cash Flow to Equity Pilbara...Analysis Article • Jul 03
Pilbara Minerals Limited (ASX:PLS) Shares Fly 34% But Investors Aren't Buying For Growth
Pilbara Minerals Limited ( ASX:PLS ) shareholders would be excited to see that the share price has had a great month...
New Narrative • Dec 09
Strategic P1000 Expansion And POSCO Partnership Propel Lithium Growth And Boost Margins
Strategic projects and acquisitions aim to enhance production capacity, diversify revenue, and reduce costs, improving operational efficiency and future growth prospects.Shareholder Returns
| PLS | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 8.1% | 2.7% | 2.0% |
| 1Y | 377.6% | 55.8% | 3.4% |
Return vs Industry: PLS exceeded the Australian Metals and Mining industry which returned 55.8% over the past year.
Return vs Market: PLS exceeded the Australian Market which returned 3.4% over the past year.
Price Volatility
| PLS volatility | |
|---|---|
| PLS Average Weekly Movement | 7.4% |
| Metals and Mining Industry Average Movement | 12.2% |
| Market Average Movement | 10.3% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 4.3% |
Stable Share Price: PLS has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: PLS's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 950 | Dale Henderson | www.pls.com |
PLS Group Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. Its flagship projects is the 100% owned Pilgangoora project located in the Pilbara region of Western Australia.
PLS Group Limited Fundamentals Summary
| PLS fundamental statistics | |
|---|---|
| Market cap | AU$20.62b |
| Earnings (TTM) | -AU$93.57m |
| Revenue (TTM) | AU$967.38m |
21.3x
P/S Ratio-220.4x
P/E RatioIs PLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLS income statement (TTM) | |
|---|---|
| Revenue | AU$967.38m |
| Cost of Revenue | AU$813.33m |
| Gross Profit | AU$154.05m |
| Other Expenses | AU$247.62m |
| Earnings | -AU$93.57m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.029 |
| Gross Margin | 15.92% |
| Net Profit Margin | -9.67% |
| Debt/Equity Ratio | 12.9% |
How did PLS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/26 00:07 |
| End of Day Share Price | 2026/05/26 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PLS Group Limited is covered by 33 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aryan Norozi | Barrenjoey Markets Pty Limited |
| Glyn Lawcock | Barrenjoey Markets Pty Limited |
| Josh Kannourakis | Barrenjoey Markets Pty Limited |