Peet Limited acquires, develops, and markets residential land in Australia. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Peet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PPC's weekly volatility (4%) has been stable over the past year.
7 Day Return
AU Real Estate
1 Year Return
AU Real Estate
Return vs Industry: PPC exceeded the Australian Real Estate industry which returned 17.4% over the past year.
Return vs Market: PPC exceeded the Australian Market which returned 26% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Peet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIs Peet Limited's (ASX:PPC) 1.2% Dividend Sustainable?
3 months ago | Simply Wall StPeet (ASX:PPC) Use Of Debt Could Be Considered Risky
5 months ago | Simply Wall StDid You Participate In Any Of Peet's (ASX:PPC) Respectable 50% Return?
Is Peet undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PPC (A$1.16) is trading above our estimate of fair value (A$0.22)
Significantly Below Fair Value: PPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PPC is unprofitable, so we can't compare its PE Ratio to the Australian Real Estate industry average.
PE vs Market: PPC 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 PPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PPC's PB Ratio (1.1x) is in line with the AU Real Estate industry average.
How is Peet forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Peet has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Peet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPC is currently unprofitable.
Growing Profit Margin: PPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PPC is unprofitable, and losses have increased over the past 5 years at a rate of 29.2% per year.
Accelerating Growth: Unable to compare PPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PPC is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-32.4%).
Return on Equity
High ROE: PPC has a negative Return on Equity (-4.93%), as it is currently unprofitable.
How is Peet's financial position?
Financial Position Analysis
Short Term Liabilities: PPC's short term assets (A$193.5M) exceed its short term liabilities (A$154.1M).
Long Term Liabilities: PPC's short term assets (A$193.5M) do not cover its long term liabilities (A$212.8M).
Debt to Equity History and Analysis
Debt Level: PPC's debt to equity ratio (54.1%) is considered high.
Reducing Debt: PPC's debt to equity ratio has reduced from 74.4% to 54.1% over the past 5 years.
Debt Coverage: PPC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PPC's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Peet current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPC's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.01%).
High Dividend: PPC's dividend (1.29%) is low compared to the top 25% of dividend payers in the Australian market (4.94%).
Stability and Growth of Payments
Stable Dividend: PPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: PPC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brendan David Gore, B.Comm, FCPA, FCIS, FGIA, FAICD, has been the Managing Director and Chief Executive Officer of Peet Limited, the holding company of Peet Caboolture Syndicate Limited and Peet & Co C...
CEO Compensation Analysis
Compensation vs Market: Brendan's total compensation ($USD1.06M) is above average for companies of similar size in the Australian market ($USD678.14K).
Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.
Experienced Management: PPC's management team is seasoned and experienced (13.9 years average tenure).
Experienced Board: PPC's board of directors are seasoned and experienced ( 11.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Peet Limited's company bio, employee growth, exchange listings and data sources
- Name: Peet Limited
- Ticker: PPC
- Exchange: ASX
- Founded: 1895
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$560.629m
- Shares outstanding: 483.30m
- Website: https://www.peet.com.au
Number of Employees
- Peet Limited
- 200 St Georges Terrace
- Level 7
- Western Australia
Peet Limited acquires, develops, and markets residential land in Australia. The company operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The Funds Management segm...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 15:46|
|End of Day Share Price||2021/07/27 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.