| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
PRN Stock Overview
Perenti Global Limited operates as a mining services company worldwide.
Perenti Global Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.91 |
| 52 Week High | AU$1.56 |
| 52 Week Low | AU$0.63 |
| Beta | 2.19 |
| 1 Month Change | 11.66% |
| 3 Month Change | -10.78% |
| 1 Year Change | -32.34% |
| 3 Year Change | -33.09% |
| 5 Year Change | -34.77% |
| Change since IPO | -46.47% |
Recent News & Updates
It Looks Like Perenti Global Limited's (ASX:PRN) CEO May Expect Their Salary To Be Put Under The Microscope
The results at Perenti Global Limited ( ASX:PRN ) have been quite disappointing recently and CEO Mark Alexander Norwell...
Perenti Global's (ASX:PRN) Shareholders Will Receive A Smaller Dividend Than Last Year
Perenti Global Limited ( ASX:PRN ) is reducing its dividend to AU$0.02 on the 20th of October. This payment takes the...
Perenti Global (ASX:PRN) Has Announced That Its Dividend Will Be Reduced To AU$0.02
Perenti Global Limited ( ASX:PRN ) is reducing its dividend to AU$0.02 on the 20th of October. This means that the...
Shareholder Returns
| PRN | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -2.2% | 5.5% | -0.5% |
| 1Y | -32.3% | 9.0% | 10.4% |
Return vs Industry: PRN underperformed the Australian Metals and Mining industry which returned 9% over the past year.
Return vs Market: PRN underperformed the Australian Market which returned 10.4% over the past year.
Price Volatility
| PRN volatility | |
|---|---|
| PRN Average Weekly Movement | 5.4% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: PRN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PRN's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 7,881 | Mark Alexander Norwell | https://perentigroup.com |
Perenti Global Limited operates as a mining services company worldwide. It operates through Surface Mining, Underground Mining, and Investment segments. The Surface Mining segment offers exploration drilling, production drilling, blasting, and geotechnical services, as well as end-to-end contract surface mining; and logistics management and moving mining equipment and goods.
Perenti Global Fundamentals Summary
| PRN fundamental statistics | |
|---|---|
| Market Cap | AU$652.78m |
| Earnings (TTM) | -AU$55.14m |
| Revenue (TTM) | AU$2.09b |
0.3x
P/S Ratio-11.6x
P/E RatioIs PRN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PRN income statement (TTM) | |
|---|---|
| Revenue | AU$2.09b |
| Cost of Revenue | AU$1.51b |
| Gross Profit | AU$579.04m |
| Expenses | AU$634.18m |
| Earnings | -AU$55.14m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 21, 2022
| Earnings per share (EPS) | -0.078 |
| Gross Margin | 27.66% |
| Net Profit Margin | -2.63% |
| Debt/Equity Ratio | 53.3% |
How did PRN perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield-70%
Payout RatioValuation
Is Perenti Global undervalued compared to its fair value and its price relative to the market?
0.5x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PRN (A$0.91) is trading above our estimate of fair value (A$0.62)
Significantly Below Fair Value: PRN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PRN is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PRN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PRN is good value based on its PB Ratio (0.5x) compared to the AU Metals and Mining industry average (2.8x).
Future Growth
How is Perenti Global forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
64.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PRN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PRN's is expected to become profitable in the next 3 years.
Revenue vs Market: PRN's revenue (3% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: PRN's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRN's Return on Equity is forecast to be low in 3 years time (7.9%).
Past Performance
How has Perenti Global performed over the past 5 years?
-24.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRN is currently unprofitable.
Growing Profit Margin: PRN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRN is unprofitable, and losses have increased over the past 5 years at a rate of 24% per year.
Accelerating Growth: Unable to compare PRN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: PRN has a negative Return on Equity (-4.01%), as it is currently unprofitable.
Financial Health
How is Perenti Global's financial position?
Financial Position Analysis
Short Term Liabilities: PRN's short term assets (A$844.5M) exceed its short term liabilities (A$373.5M).
Long Term Liabilities: PRN's short term assets (A$844.5M) exceed its long term liabilities (A$821.3M).
Debt to Equity History and Analysis
Debt Level: PRN's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: PRN's debt to equity ratio has reduced from 65% to 53.3% over the past 5 years.
Debt Coverage: PRN's debt is well covered by operating cash flow (42.7%).
Interest Coverage: PRN's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Dividend
What is Perenti Global current dividend yield, its reliability and sustainability?
4.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRN's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: PRN's dividend (4.4%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: PRN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PRN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: PRN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PRN's dividends in 3 years are forecast to be well covered by earnings (18% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Mark Alexander Norwell (45 yo)
3.33yrs
Tenure
AU$1,978,883
Compensation
Mr. Mark Alexander John Norwell, BE (Hons), MBA, MAICD has been Group Managing Director, Chief Executive Officer and Director at Perenti Global Limited since September 17, 2018. He serves as Executive Dire...
CEO Compensation Analysis
Compensation vs Market: Mark Alexander's total compensation ($USD1.43M) is above average for companies of similar size in the Australian market ($USD745.16K).
Compensation vs Earnings: Mark Alexander's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PRN's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: PRN's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Perenti Global Limited's employee growth, exchange listings and data sources
Key Information
- Name: Perenti Global Limited
- Ticker: PRN
- Exchange: ASX
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$652.783m
- Shares outstanding: 705.71m
- Website: https://perentigroup.com
Number of Employees
Location
- Perenti Global Limited
- 202 Pier Street
- Level 2
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 07:03 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.