Premier Investments Limited

ASX:PMV Stock Report

Market Cap: AU$4.8b

Premier Investments Valuation

Is PMV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PMV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PMV (A$29.94) is trading below our estimate of fair value (A$49.24)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PMV?

Other financial metrics that can be useful for relative valuation.

PMV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.9x
Enterprise Value/EBITDA12.6x
PEG Ratio4.9x

Price to Earnings Ratio vs Peers

How does PMV's PE Ratio compare to its peers?

The above table shows the PE ratio for PMV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.5x
AX1 Accent Group
15.8x11.9%AU$1.1b
UNI Universal Store Holdings
14.6x9.8%AU$387.4m
CTT Cettire
44.1x30.1%AU$915.6m
STP Step One Clothing
23.6x8.8%AU$247.0m
PMV Premier Investments
17.4x3.6%AU$4.8b

Price-To-Earnings vs Peers: PMV is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (24.5x).


Price to Earnings Ratio vs Industry

How does PMV's PE Ratio compare vs other companies in the AU Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: PMV is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the Australian Specialty Retail industry average (14.5x).


Price to Earnings Ratio vs Fair Ratio

What is PMV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PMV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ratio14.7x

Price-To-Earnings vs Fair Ratio: PMV is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (14.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PMV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$29.94
AU$31.77
+6.1%
14.4%AU$39.50AU$20.50n/a13
Jun ’25AU$30.06
AU$31.77
+5.7%
14.4%AU$39.50AU$20.50n/a13
May ’25AU$29.56
AU$31.26
+5.7%
14.9%AU$38.00AU$20.50n/a13
Apr ’25AU$32.81
AU$30.95
-5.7%
15.2%AU$38.00AU$20.50n/a12
Mar ’25AU$30.06
AU$27.09
-9.9%
15.0%AU$34.30AU$19.50n/a12
Feb ’25AU$27.78
AU$27.09
-2.5%
15.0%AU$34.30AU$19.50n/a12
Jan ’25AU$27.59
AU$26.40
-4.3%
14.6%AU$34.30AU$19.50n/a13
Dec ’24AU$25.11
AU$26.10
+4.0%
15.4%AU$34.30AU$19.50n/a13
Nov ’24AU$22.88
AU$26.02
+13.7%
15.3%AU$34.30AU$19.50n/a13
Oct ’24AU$25.00
AU$26.06
+4.2%
15.4%AU$34.30AU$19.50n/a13
Sep ’24AU$25.91
AU$25.94
+0.1%
15.3%AU$34.30AU$19.50n/a14
Aug ’24AU$22.47
AU$24.49
+9.0%
18.7%AU$34.30AU$19.00n/a14
Jul ’24AU$20.26
AU$26.53
+31.0%
15.3%AU$34.30AU$19.00n/a15
Jun ’24AU$22.38
AU$27.32
+22.1%
12.7%AU$34.30AU$19.00AU$30.0614
May ’24AU$25.90
AU$27.43
+5.9%
12.6%AU$34.30AU$19.00AU$29.5614
Apr ’24AU$26.09
AU$26.96
+3.4%
14.1%AU$34.30AU$19.00AU$32.8115
Mar ’24AU$27.43
AU$26.40
-3.8%
13.8%AU$34.30AU$19.00AU$30.0615
Feb ’24AU$27.75
AU$26.40
-4.9%
13.8%AU$34.30AU$19.00AU$27.7815
Jan ’24AU$24.84
AU$25.19
+1.4%
11.3%AU$29.00AU$19.00AU$27.5914
Dec ’23AU$25.53
AU$24.79
-2.9%
11.7%AU$29.00AU$19.00AU$25.1114
Nov ’23AU$25.63
AU$24.75
-3.4%
11.6%AU$29.00AU$19.00AU$22.8814
Oct ’23AU$22.55
AU$24.60
+9.1%
11.8%AU$29.00AU$19.00AU$25.0014
Sep ’23AU$20.72
AU$24.02
+15.9%
19.4%AU$32.00AU$18.00AU$25.9112
Aug ’23AU$20.91
AU$24.35
+16.4%
20.5%AU$32.00AU$18.00AU$22.4712
Jul ’23AU$19.45
AU$26.07
+34.1%
18.3%AU$32.00AU$18.00AU$20.2612
Jun ’23AU$22.32
AU$28.92
+29.6%
15.9%AU$35.00AU$18.00AU$22.3812

Analyst Forecast: Target price is less than 20% higher than the current share price.


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