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PMV

Premier InvestmentsASX:PMV Stock Report

Market Cap

AU$4.9b

7D

1.1%

1Y

29.4%

Updated

17 Oct, 2021

Data

Company Financials +
PMV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends5/6

PMV Overview

Premier Investments Limited operates various specialty retail fashion chains in Australia, New Zealand, Asia, and Europe.

Premier Investments Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Premier Investments
Historical stock prices
Current Share PriceAU$30.61
52 Week HighAU$20.80
52 Week LowAU$30.84
Beta0.89
1 Month Change5.66%
3 Month Change12.41%
1 Year Change29.37%
3 Year Change74.32%
5 Year Change99.80%
Change since IPO2,348.80%

Recent News & Updates

Sep 25
Premier Investments (ASX:PMV) Is Increasing Its Dividend To AU$0.46

Premier Investments (ASX:PMV) Is Increasing Its Dividend To AU$0.46

Premier Investments Limited's ( ASX:PMV ) dividend will be increasing to AU$0.46 on 27th of January. Although the...

Aug 22
I Ran A Stock Scan For Earnings Growth And Premier Investments (ASX:PMV) Passed With Ease

I Ran A Stock Scan For Earnings Growth And Premier Investments (ASX:PMV) Passed With Ease

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Jul 26
Premier Investments (ASX:PMV) Is Doing The Right Things To Multiply Its Share Price

Premier Investments (ASX:PMV) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...

Shareholder Returns

PMVAU Specialty RetailAU Market
7D1.1%0.9%0.9%
1Y29.4%21.6%20.2%

Return vs Industry: PMV exceeded the Australian Specialty Retail industry which returned 21.6% over the past year.

Return vs Market: PMV exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is PMV's price volatile compared to industry and market?
PMV volatility
PMV Beta0.89
Industry Beta1.2
Market Beta1

Stable Share Price: PMV is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PMV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19879,000n/ahttps://www.premierinvestments.com.au

Premier Investments Limited operates various specialty retail fashion chains in Australia, New Zealand, Asia, and Europe. It operates through two segments, Retail and Investment. The company offers casual wear, women’s wear, and non-apparel products.

Premier Investments Fundamentals Summary

How do Premier Investments's earnings and revenue compare to its market cap?
PMV fundamental statistics
Market CapAU$4.86b
Earnings (TTM)AU$271.84m
Revenue (TTM)AU$1.45b

17.9x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PMV income statement (TTM)
RevenueAU$1.45b
Cost of RevenueAU$515.27m
Gross ProfitAU$938.77m
ExpensesAU$666.93m
EarningsAU$271.84m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.71
Gross Margin64.56%
Net Profit Margin18.70%
Debt/Equity Ratio9.6%

How did PMV perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

47%

Payout Ratio

Does PMV pay a reliable dividends?

See PMV dividend history and benchmarks
When do you need to buy PMV by to receive an upcoming dividend?
Premier Investments dividend dates
Ex Dividend DateJan 05 2022
Dividend Pay DateJan 27 2022
Days until Ex dividend79 days
Days until Dividend pay date101 days

Does PMV pay a reliable dividends?

See PMV dividend history and benchmarks

Valuation

Is Premier Investments undervalued compared to its fair value and its price relative to the market?

35.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PMV (A$30.61) is trading below our estimate of fair value (A$47.55)

Significantly Below Fair Value: PMV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PMV is poor value based on its PE Ratio (17.9x) compared to the Australian Specialty Retail industry average (11.3x).

PE vs Market: PMV is good value based on its PE Ratio (17.9x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: PMV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PMV is good value based on its PB Ratio (3.2x) compared to the AU Specialty Retail industry average (3.9x).


Future Growth

How is Premier Investments forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

-2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PMV's earnings are forecast to decline over the next 3 years (-2.4% per year).

Earnings vs Market: PMV's earnings are forecast to decline over the next 3 years (-2.4% per year).

High Growth Earnings: PMV's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PMV's revenue (2.1% per year) is forecast to grow slower than the Australian market (5.5% per year).

High Growth Revenue: PMV's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PMV's Return on Equity is forecast to be low in 3 years time (13.8%).


Past Performance

How has Premier Investments performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMV has high quality earnings.

Growing Profit Margin: PMV's current net profit margins (18.7%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: PMV's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: PMV's earnings growth over the past year (93.5%) exceeds its 5-year average (19.7% per year).

Earnings vs Industry: PMV earnings growth over the past year (93.5%) exceeded the Specialty Retail industry 91.8%.


Return on Equity

High ROE: PMV's Return on Equity (17.7%) is considered low.


Financial Health

How is Premier Investments's financial position?


Financial Position Analysis

Short Term Liabilities: PMV's short term assets (A$759.0M) exceed its short term liabilities (A$512.1M).

Long Term Liabilities: PMV's short term assets (A$759.0M) exceed its long term liabilities (A$236.2M).


Debt to Equity History and Analysis

Debt Level: PMV's debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: PMV's debt to equity ratio has increased from 5% to 9.6% over the past 5 years.

Debt Coverage: PMV's debt is well covered by operating cash flow (261.2%).

Interest Coverage: PMV's interest payments on its debt are well covered by EBIT (31.3x coverage).


Balance Sheet


Dividend

What is Premier Investments's current dividend yield, its reliability and sustainability?

2.61%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 17 2021Ex Dividend DateJan 05 2022Dividend Pay DateJan 27 202222 days from Ex DividendBuy in the next 79 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PMV's dividend (2.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: PMV's dividend (2.61%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: PMV's dividends per share have been stable in the past 10 years.

Growing Dividend: PMV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.7%), PMV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PMV's dividends in 3 years are forecast to be covered by earnings (70.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Premier Investments has no CEO, or we have no data on them.


Leadership Team

Experienced Management: PMV's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: PMV's board of directors are considered experienced (8.4 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

Premier Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Premier Investments Limited
  • Ticker: PMV
  • Exchange: ASX
  • Founded: 1987
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: AU$4.863b
  • Shares outstanding: 158.86m
  • Website: https://www.premierinvestments.com.au

Number of Employees


Location

  • Premier Investments Limited
  • 417 St Kilda Road
  • Level 7
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/07/31
Annual Earnings2021/07/31


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.