Peet Limited (PPC) AI Stock Analysis

• Market Cap: AU$917.59M
• Dividend Yield: 3.88%
• Average Volume (3M): 1.52M
• Price to Earnings (P/E): 16.0
• Beta (1Y): 0.41
• Revenue Growth: 41.77%
• EPS Growth: 60.62%
• Country: AU
• Employees: 193
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.07
• Shares Outstanding: 468,158,970
• 10 Day Avg. Volume: 3,318,304
• 30 Day Avg. Volume: 1,517,523
• PEG Ratio: 0.25
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 1.92
• P/FCF Ratio: 7.49
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: AU$2.50 ▲(27.55% Upside)

Peet Limited's strong financial performance is the primary driver of its stock score, supported by robust revenue growth and effective cash flow management. The technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation is fair, offering a balance of growth and income potential.

Positive Factors

Revenue Growth

Sustained double-digit revenue growth signals durable demand for titled residential lots and effective project execution. Over 2–6 months this underpins predictable settlement volumes, supports repeat land acquisitions, and enhances the company’s ability to fund future developments and strategic initiatives.

Cash Generation

A dramatic turnaround in free cash flow materially improves liquidity and financial flexibility. Strong cash conversion reduces reliance on external financing for civil works and land buys, supports dividend policy and JV funding, and provides a buffer against cyclical slowdowns in residential demand.

Capital Structure

Moderate leverage and a healthy equity ratio give Peet financial resilience in a capital‑intensive development model. This balance supports new project investment, joint venture participation and risk absorption through downturns while preserving capacity to selectively deploy debt for accretive opportunities.

Negative Factors

Rising Debt Trend

Residential development requires upfront capital; increasing total debt raises interest and rollover risk. If leverage continues to grow, it could constrain funding flexibility for new projects, increase financing costs and amplify earnings volatility during demand slowdowns, stressing long‑term stability.

Margin Pressure Risk

A downward trend in gross margin signals rising land, construction or infrastructure costs that can compress project spreads. Without sustained pricing power or cost control, margin erosion reduces return on development, limits cash generation per lot and weakens long‑term profitability resilience.

Business Concentration

Concentration in residential land ties earnings to housing cycles, local planning and interest rate sensitivity. Geographic and product concentration increases exposure to policy changes and demand shifts, potentially causing revenue and settlement timing volatility that can affect multi‑year project economics.

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 generates revenue primarily through the sale of residential lots and homes, as well as commercial properties developed on their land. The company earns significant income from its residential projects, which involve acquiring land, obtaining necessary approvals, and then selling developed lots to builders or directly to homebuyers. In addition to sales, Peet earns revenue from joint ventures and partnerships with other developers and governmental bodies, allowing them to leverage shared resources and expertise in larger projects. The company's investment properties also contribute to its earnings through rental income and capital appreciation over time. Overall, Peet's diversified portfolio and strategic partnerships are key factors driving its financial performance.

Peet Limited Financial Statement Overview

Summary

Peet Limited exhibits strong financial health with impressive revenue growth and profitability. The balance sheet reflects a stable capital structure with moderate leverage. Cash flow improvements highlight effective cash management. While the company shows robust performance, careful attention to debt levels and cost management will be crucial for sustained growth.

Income Statement

Peet Limited has shown strong revenue growth of 30.02% in the latest year, indicating robust business expansion. The gross profit margin of 27.66% and net profit margin of 14.10% reflect solid profitability. The EBIT margin of 14.27% and EBITDA margin of 14.59% further highlight operational efficiency. However, the slight decline in gross profit margin compared to previous years suggests potential cost pressures.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.56, indicating moderate leverage. The return on equity (ROE) of 9.75% suggests effective use of equity to generate profits. The equity ratio of 55.39% reflects a strong capital structure. However, the increase in total debt over the years could pose a risk if not managed carefully.

Cash Flow

Peet Limited has demonstrated a remarkable free cash flow growth rate of 5576.62%, indicating significant improvement in cash generation. The operating cash flow to net income ratio of 0.99 and free cash flow to net income ratio of 0.99 suggest efficient cash flow management. The turnaround from negative to positive cash flows is a positive sign for liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	414.79M	414.79M	292.58M	318.91M	266.61M	220.27M
Gross Profit	114.74M	114.74M	79.53M	103.69M	97.14M	70.11M
EBITDA	60.51M	60.51M	35.56M	55.03M	53.45M	34.54M
Net Income	58.47M	58.47M	36.55M	70.14M	52.32M	28.50M
Balance Sheet
Total Assets	1.08B	1.08B	1.09B	1.05B	1.01B	913.35M
Cash, Cash Equivalents and Short-Term Investments	47.31M	47.31M	23.76M	38.79M	55.38M	64.13M
Total Debt	335.72M	335.72M	350.18M	316.03M	304.34M	273.50M
Total Liabilities	461.58M	461.58M	499.09M	464.47M	450.86M	380.75M
Stockholders Equity	599.62M	599.62M	574.26M	567.50M	541.46M	516.28M
Cash Flow
Free Cash Flow	106.32M	106.32M	-31.20M	36.17M	45.03M	14.23M
Operating Cash Flow	107.13M	107.13M	-28.87M	37.07M	46.20M	14.43M
Investing Cash Flow	2.82M	2.82M	-1.28M	1.45M	-15.92M	29.46M
Financing Cash Flow	-86.39M	-86.39M	15.12M	-55.10M	-39.02M	-26.60M

Peet Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.96
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PPC, the sentiment is Neutral. The current price of 1.96 is below the 20-day moving average (MA) of 2.02, below the 50-day MA of 1.99, and above the 200-day MA of 1.76, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.26 is Neutral, neither overbought nor oversold. The STOCH value of 11.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PPC.

Peet Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PPC	72 Outperform	AU$917.59M	16.03	9.96%	3.88%	41.77%	60.62%
UOS	70 Outperform	AU$1.24B	11.83	5.49%	3.65%	49.41%	23.84%
CWP	69 Neutral	AU$663.59M	13.40	10.13%	3.32%	14.95%	18.79%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FRI	65 Neutral	AU$219.06M	14.68	5.69%	11.49%	47.37%	-13.44%
MPX	38 Underperform	AU$19.82M	-7.58	-13.36%	―	-81.98%	-131.34%

Peet Limited Corporate Events

Peet Limited Affirms Strategic Review Status Amid Media Speculation

Peet Limited has addressed media speculation regarding its strategic review, confirming that no new updates are available beyond what was shared at their recent Annual General Meeting. The company remains committed to implementing the strategies outlined to maximize shareholder returns, emphasizing its adherence to continuous disclosure obligations.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited Completes On-Market Buy-Back

Peet Limited has announced the completion of its on-market buy-back program, repurchasing a total of 21,821,603 ordinary fully paid securities for a consideration of AUD 23,353,365.32. This buy-back is part of Peet Limited’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a commitment to optimizing financial performance and market positioning.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited’s 2025 AGM Resolutions Successfully Passed

Peet Limited held its 2025 Annual General Meeting on November 27, where all resolutions were carried, including the re-election of board members and the adoption of the remuneration report. The contingent board spill resolution was not required as it was conditional on a significant opposition to the remuneration report, which did not occur.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited Reports Strong FY25 Performance and Strategic Focus

Peet Limited reported a strong financial performance for FY25, with a significant increase in profit and dividends, driven by favorable macro conditions in the Australian residential sector. A strategic review confirmed the company’s strengths in assets and management, while highlighting the need for capital partnerships to expand project capabilities. The review led to a focus on large masterplanned communities, cost optimization, and a $6 million reduction in overhead costs.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Retail Employees Superannuation Trust Ceases Substantial Holding in Peet Limited

Peet Limited has announced that Retail Employees Superannuation Pty Limited, acting as the trustee of the Retail Employee Superannuation Trust, has ceased to be a substantial holder in the company as of November 24, 2025. This change in substantial holding may impact the company’s shareholder structure and could influence its market positioning and stakeholder relationships.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited: Strategic Growth and Market Positioning

Peet Limited, with its extensive experience and capability, is strategically positioned to benefit from various growth corridors and manage state-based fluctuations. The company boasts a large land bank, providing economies of scale and strong embedded margins, which supports its ability to deliver a diverse range of products at lower costs, thereby enhancing its market positioning and offering significant value to stakeholders.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited Projects Strong Earnings Growth for FY26

Peet Limited has issued an earnings guidance for the financial year ending June 2026, anticipating a net profit after tax between $74 million and $78 million, marking a growth of 26% to 34% over the previous year. This positive outlook is driven by strong operational performance, favorable macroeconomic conditions such as robust demand for residential properties, and strategic positioning in key Australian markets. The company is well-positioned to benefit from the recovery in the ACT/NSW and Victoria markets, maintaining a disciplined approach to capital management and project delivery.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited Announces Cessation of Securities

Peet Limited announced the cessation of 575,617 performance rights due to the conditions not being met or becoming incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments in response to unmet performance conditions.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.

Peet Limited Announces Departure of COO Amid Restructuring

Peet Limited has announced the departure of its Chief Operating Officer, Mr. Tony Gallagher, after 12 years with the company. This change is part of an organizational restructure, and the company acknowledges Mr. Gallagher’s significant contributions to its growth and success. The departure may impact Peet’s operations as it adjusts to the new organizational structure.

The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.