Peet Limited (PPC) AI Stock Analysis

• Market Cap: AU$732.67M
• Dividend Yield: 3.47%
• Average Volume (3M): 82.19K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.44
• Revenue Growth: 6.29%
• EPS Growth: -7.85%
• Country: AU
• Employees: 193
• Sector: Utilities
• Sector Strength: 77
• Industry: Real Estate - Development
• EPS (TTM): 0.05
• Shares Outstanding: 468,158,970
• 10 Day Avg. Volume: 33,149
• 30 Day Avg. Volume: 82,192
• PEG Ratio: -0.16
• Price to Book (P/B): 1.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 399.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$2.00
• Price Target Upside: 26.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 60 Neutral
• Price Target: AU$1.50 ▼(-5.06%Downside)

Peet Limited's stock score is primarily influenced by its financial performance and valuation. While operational efficiency is a strength, declining revenue and inconsistent cash flow present risks. Technical indicators show a lack of momentum, further contributing to a moderate score.

Peet Limited Business Overview & Revenue Model

Company Description

Peet Limited acquires, develops, and markets residential land in Australia. It operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The Funds Management segment provides underwriting, capital raising, and asset identification services. The Company-Owned Projects segment acquires parcels of land primarily for residential development purpose, as well as produces non-residential blocks of land. The Joint Arrangements segment undertakes the development of land through joint arrangements with government, statutory authorities, and private landowners. Peet Limited was founded in 1895 and is headquartered in Perth, Australia.

How the Company Makes Money

Peet Limited makes money through several key revenue streams primarily centered around real estate development activities. The company's primary source of revenue is the sale of land and residential properties within its master-planned communities. This involves acquiring land, developing it into residential lots, and selling these lots to homebuyers or builders. Additionally, Peet generates income from joint ventures and partnerships with other developers, which allow for shared investments and profits in larger projects. The company also earns revenue from property management services and leasing of commercial properties. Peet's earnings are significantly influenced by factors such as property market conditions, land acquisition costs, and regulatory changes in the real estate sector.

Peet Limited Financial Statement Overview

Summary

Peet Limited shows a mixed financial performance. While operational margins remain solid, declining revenue and profitability, along with inconsistent cash flow, are concerning. The balance sheet is stable but indicates growing leverage and a decreased return on equity.

Income Statement

Peet Limited's revenue has fluctuated over the years, with a recent decline. The gross profit margin shows relative stability, but net profit margins have decreased significantly in the latest year. EBIT and EBITDA margins remain solid, indicating operational efficiency.

Balance Sheet

The company maintains a reasonable debt-to-equity ratio, indicating moderate leverage. The equity ratio is healthy, suggesting stability. However, the return on equity has decreased recently, reflecting challenges in profitability.

Cash Flow

Cash flow performance has been inconsistent, with negative free cash flow in the latest year due to decreased operating cash flow. The operating cash flow to net income ratio has deteriorated, pointing to potential liquidity concerns.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	319.02M	292.58M	318.91M	266.61M	220.27M	188.28M
Gross Profit	95.87M	79.53M	103.69M	97.14M	70.11M	67.17M
EBITDA	48.83M	35.56M	55.03M	53.45M	34.54M	-31.07M
Net Income	46.30M	36.55M	70.14M	52.32M	28.50M	-30.06M
Balance Sheet
Total Assets	1.10B	1.09B	1.05B	1.01B	913.35M	910.97M
Cash, Cash Equivalents and Short-Term Investments	14.84M	23.76M	38.79M	55.38M	64.13M	46.84M
Total Debt	401.72M	350.18M	294.91M	304.34M	273.50M	289.28M
Total Liabilities	493.07M	499.09M	464.47M	450.86M	380.75M	397.90M
Stockholders Equity	584.92M	574.26M	567.50M	541.46M	516.28M	496.34M
Cash Flow
Free Cash Flow	1.87M	-31.20M	36.17M	45.03M	14.23M	-11.43M
Operating Cash Flow	3.13M	-28.87M	37.07M	46.20M	14.43M	-7.85M
Investing Cash Flow	2.47M	-1.28M	1.45M	-15.92M	29.46M	3.58M
Financing Cash Flow	-27.34M	15.12M	-55.10M	-39.02M	-26.60M	17.50M

Peet Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.58
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PPC, the sentiment is Positive. The current price of 1.58 is below the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.62, and above the 200-day MA of 1.47, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 47.20 is Neutral, neither overbought nor oversold. The STOCH value of 35.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PPC.

Peet Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWP	76 Outperform	AU$618.83M	11.69	11.86%	3.60%	32.36%	109.17%
UOS	71 Outperform	AU$1.04B	10.93	4.96%	4.10%	23.34%	11.67%
Sector *	67 Neutral	$16.91B	17.00	4.48%	3.26%	4.72%	5.95%
FRI	62 Neutral	AU$182.32M	7.44	10.09%	14.93%	1754.87%	386.49%
PPC	60 Neutral	AU$732.67M	15.87	8.08%	3.47%	6.29%	-7.85%
P2B	―		―		―	―	―
MPX	60 Neutral	AU$30.71M	3.34	63.86%	―	3187.87%	―

Peet Limited Corporate Events

Peet Limited Announces Issuance of Unquoted Equity Securities

Peet Limited has announced the issuance of 417,219 unquoted equity securities, which have been converted or exercised as of December 20, 2022. This move is part of the company’s strategic financial management, potentially impacting its capital structure and offering insights into its ongoing operational strategies.

Peet Limited Issues Over 5.5 Million Unquoted Equity Securities

Peet Limited has announced the issuance of 5,512,761 unquoted equity securities, marking a significant development in its financial operations. This move could potentially enhance the company’s capital structure and support its ongoing projects, reflecting a strategic effort to strengthen its market position and deliver value to stakeholders.

Peet Limited Announces Director Change and Discloses Securities Interests

Peet Limited has announced the cessation of Brendan David Gore as a director, effective July 1, 2025. The notice details Gore’s interests in securities, including performance rights and options, as well as shares held in trust, highlighting the company’s commitment to transparency in its corporate governance.

Peet Limited Announces Director Change and Shareholding Update

Peet Limited announced the cessation of Brendan David Gore as a director, effective July 1, 2025. This change in leadership involves a significant number of performance rights and shares held by Mr. Gore, indicating a potential shift in the company’s governance and shareholder structure, which may impact its strategic direction and stakeholder interests.

Peet Limited Announces Interim CEO Amid Leadership Transition

Peet Limited, a company listed on the Australian Securities Exchange (ASX: PPC), has announced a leadership transition as Mr. Brendan Gore steps down as Managing Director and CEO on July 1, 2025. Mr. Brett Fullarton, the current CFO, will take over as Interim CEO effective immediately to ensure a smooth transition. This change is part of a strategic move to maintain stability and continuity within the company while a search for a permanent CEO is conducted. Additionally, Mr. Mark Winkworth will serve as Interim CFO, highlighting Peet’s commitment to leveraging internal experience during this transitional phase.

Peet Limited Announces Issuance and Conversion of Unquoted Equity Securities

Peet Limited has announced the issuance and conversion of unquoted equity securities, with a total of 157,143 ordinary fully paid securities being issued. This move signifies a strategic financial maneuver that may impact the company’s capital structure and shareholder value, reflecting Peet Limited’s ongoing efforts to optimize its financial operations.

Peet Limited CEO Brendan Gore to Step Down After 20 Years

Peet Limited announced that its Managing Director and CEO, Brendan Gore, will step down after 20 years of leadership, effective July 1, 2025. Gore’s tenure saw significant growth and strategic expansion, including major acquisitions and the establishment of a funds management business. The company is in a strong financial position, and the board will conduct a strategic review following requests from major shareholders. Trevor Allen, a long-serving board member, will also retire, and Brett Fullarton will serve as interim CEO during the executive search.

Peet Limited Raises FY25 Earnings Guidance Amid Strong Performance

Peet Limited has announced an increase in its FY25 earnings guidance, driven by strong operational performance and successful implementation of growth strategies. The company now expects a net profit after tax (NPAT) of $55 million to $58 million, up from the previous forecast of $50 million to $55 million. Additionally, the Board anticipates the full-year dividend to be at the higher end of its payout ratio, reflecting confidence in sustained shareholder value and positive momentum as Peet moves into FY26.