Peet (ASX:PPC) - Stock Price, News & Analysis

PPC Stock Overview

Acquires, develops, and markets residential land in Australia. More details

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

Rewards

Price-To-Earnings ratio (18.1x) is below the Australian market (19.4x)

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (12.5%) are lower than last year (22%)

Dividend of 3.01% is not well covered by free cash flows

Peet Limited Competitors

Cedar Woods Properties

ASX:CWP

AU$453.0m

Lifestyle Communities

ASX:LIC

AU$1.1b

Finbar Group

ASX:FRI

AU$224.5m

Servcorp

ASX:SRV

AU$472.6m

Price History & Performance

Summary of all time highs, changes and price drops for Peet
Historical stock prices
Current Share Price	AU$1.41
52 Week High	AU$1.45
52 Week Low	AU$1.04
Beta	0.56
11 Month Change	6.82%
3 Month Change	11.02%
1 Year Change	11.46%
33 Year Change	31.16%
5 Year Change	10.16%
Change since IPO	5.22%

Recent updates

Peet Limited's (ASX:PPC) Intrinsic Value Is Potentially 86% Above Its Share Price

Jul 13

Shareholder Returns

	PPC	AU Real Estate	AU Market
7D	2.9%	-3.0%	0.9%
1Y	11.5%	-2.0%	18.4%

Return vs Industry: PPC exceeded the Australian Real Estate industry which returned -2% over the past year.

Return vs Market: PPC underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is PPC's price volatile compared to industry and market?
PPC volatility
PPC Average Weekly Movement	5.1%
Real Estate Industry Average Movement	4.3%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: PPC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: PPC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1895	193	Brendan Gore	www.peet.com.au

Peet Limited acquires, develops, and markets residential land in Australia. It operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The company provides underwriting, capital raising, and asset identification services; acquires parcels of land primarily for residential development purpose; produces non-residential blocks of land; and undertakes the development of land through joint arrangements with government, statutory authorities, and private landowners.

Peet Limited Fundamentals Summary

How do Peet's earnings and revenue compare to its market cap?
PPC fundamental statistics
Market cap	AU$660.27m
Earnings (TTM)	AU$36.55m
Revenue (TTM)	AU$292.58m

18.1x

P/E Ratio

2.3x

P/S Ratio

Is PPC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPC income statement (TTM)
Revenue	AU$292.58m
Cost of Revenue	AU$213.05m
Gross Profit	AU$79.53m
Other Expenses	AU$42.98m
Earnings	AU$36.55m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.078
Gross Margin	27.18%
Net Profit Margin	12.49%
Debt/Equity Ratio	66.6%

How did PPC perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

55%

Payout Ratio

PPC Stock Overview

Rewards

Risk Analysis

Peet Limited Competitors

ASX:CWP

AU$453.0m

ASX:LIC

AU$1.1b

ASX:FRI

AU$224.5m

ASX:SRV

AU$472.6m

Price History & Performance

Recent News & Updates

Peet Limited, Annual General Meeting, Oct 30, 2024

Final dividend of AU$0.028 announced

Peet Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024

Full year 2024 earnings released

Peet Limited Announces Board Changes

Peet Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Recent updates

Peet Limited, Annual General Meeting, Oct 30, 2024

Final dividend of AU$0.028 announced

Peet Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024

Full year 2024 earnings released

Peet Limited Announces Board Changes

Peet Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Upcoming dividend of AU$0.015 per share

First half dividend of AU$0.015 announced

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.074 in 1H 2023)

Peet Limited to Report First Half, 2024 Results on Feb 22, 2024

MD, CEO & Director recently sold AU$1.3m worth of stock

Upcoming dividend of AU$0.04 per share at 6.1% yield

Peet Limited, Annual General Meeting, Oct 25, 2023

Peet Limited Announces Ordinary Fully Paid Dividend for the Period of Six Months Ended June 30, 2023, Payable on October 16, 2023

Full year 2023 earnings released

Peet Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

We Ran A Stock Scan For Earnings Growth And Peet (ASX:PPC) Passed With Ease

Upcoming dividend of AU$0.035 per share at 5.4% yield

First half 2023 earnings released: EPS: AU$0.074 (vs AU$0.043 in 1H 2022)

Peet Limited to Report First Half, 2023 Results on Feb 23, 2023

Insufficient new directors

Peet Limited Appoints Tony Gallagher as Chief Operating Officer

Upcoming dividend of AU$0.04 per share

Peet Limited, Annual General Meeting, Oct 26, 2022

Full year 2022 earnings released: EPS: AU$0.11 (vs AU$0.059 in FY 2021)

Peet Limited Declares Dividend for the Six Months Ended June 30, 2022, Payable on Oct. 14, 2022

Peet Limited Provides Earnings Guidance for the Year Ended June 30, 2022

Independent Non-Executive Director recently bought AU$52k worth of stock

These 4 Measures Indicate That Peet (ASX:PPC) Is Using Debt Extensively

Insufficient new directors

Upcoming dividend of AU$0.022 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Peet Limited Announces Ordinary Dividend for the Period of Six Months Ended 31 December 2021, Payable 14 April 2022

Peet Limited (ASX:PPC) agreed to acquire 50% stake in Flagstone City project in Queensland from Spirit Super for AUD 67.2 million.

Full year 2021 earnings released: EPS AU$0.059 (vs AU$0.062 loss in FY 2020)

Peet Limited Provides Earnings Guidance for the Year Ended 30 June 2021

Is Peet Limited's (ASX:PPC) 1.2% Dividend Sustainable?

Peet (ASX:PPC) Use Of Debt Could Be Considered Risky

Upcoming Dividend of AU$0.01 Per Share

First half 2021 earnings released: EPS AU$0.021 (vs AU$0.01 in 1H 2020)

Did You Participate In Any Of Peet's (ASX:PPC) Respectable 50% Return?

Read This Before Buying Peet Limited (ASX:PPC) Shares

New 90-day high: AU$1.23

How Much Is Peet Limited (ASX:PPC) CEO Getting Paid?

Peet (ASX:PPC) Takes On Some Risk With Its Use Of Debt

New 90-day high: AU$1.27

Price target lowered to AU$1.01

New 90-day high - AU$1.15

Full year earnings released - AU$0.062 loss per share

New 90-day high - AU$1.00

What Is The Ownership Structure Like For Peet Limited (ASX:PPC)?