Premier Investments Limited

ASX:PMV Stock Report

Market Cap: AU$5.5b

Premier Investments Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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$34.56) is trading above our estimate of fair value (A$24.61)

Significantly Below Fair Value: PMV is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As PMV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PMV. This is calculated by dividing PMV's market cap by their current earnings.
What is PMV's PE Ratio?
PE Ratio21.4x
EarningsAU$257.92m
Market CapAU$5.52b

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 Average27.8x
AX1 Accent Group
23.7x14.6%AU$1.4b
UNI Universal Store Holdings
17.9x9.7%AU$614.5m
STP Step One Clothing
20.1x12.4%AU$248.8m
CTT Cettire
49.5x31.7%AU$518.5m
PMV Premier Investments
21.4x4.4%AU$5.5b

Price-To-Earnings vs Peers: PMV is good value based on its Price-To-Earnings Ratio (21.4x) compared to the peer average (27.8x).

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
No more companies available in this PE range
PMV 21.4xIndustry Avg. 18.4xNo. of Companies3PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PMV is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the Australian Specialty Retail industry average (18.4x).

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 Ratio21.4x
Fair PE Ratio19x

Price-To-Earnings vs Fair Ratio: PMV is expensive based on its Price-To-Earnings Ratio (21.4x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

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$34.56
AU$32.93
-4.7%
14.3%AU$39.50AU$20.50n/a12
Nov ’25AU$33.14
AU$32.73
-1.2%
14.4%AU$39.50AU$20.50n/a12
Oct ’25AU$30.66
AU$31.38
+2.4%
13.5%AU$36.00AU$20.50n/a12
Sep ’25AU$35.29
AU$31.71
-10.1%
14.7%AU$39.50AU$20.50n/a12
Aug ’25AU$33.09
AU$31.64
-4.4%
15.0%AU$39.50AU$20.50n/a12
Jul ’25AU$30.28
AU$31.64
+4.5%
15.0%AU$39.50AU$20.50n/a12
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$19.50AU$33.1413
Oct ’24AU$25.00
AU$26.06
+4.2%
15.4%AU$34.30AU$19.50AU$30.6613
Sep ’24AU$25.91
AU$25.94
+0.1%
15.3%AU$34.30AU$19.50AU$35.2914
Aug ’24AU$22.47
AU$24.49
+9.0%
18.7%AU$34.30AU$19.00AU$33.0914
Jul ’24AU$20.26
AU$26.53
+31.0%
15.3%AU$34.30AU$19.00AU$30.2815
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

Analyst Forecast: Target price is lower than the current share price.

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