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Peet Limited (AU:PPC)
:PPC
Australian Market

Peet Limited (PPC) AI Stock Analysis

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AU

Peet Limited

(Sydney:PPC)

Rating:70Outperform
Price Target:
AU$2.00
▲(20.48%Upside)
Peet Limited's overall score is driven by strong technical performance indicating bullish momentum and a favorable valuation with a reasonable P/E ratio and dividend yield. However, financial performance highlights concerns with inconsistent cash flow and declining profitability despite operational efficiency, which tempers the overall score.

Peet Limited (PPC) vs. iShares MSCI Australia ETF (EWA)

Peet Limited Business Overview & Revenue Model

Company DescriptionPeet Limited (PPC) is a leading property development company based in Australia, specializing in residential, commercial, and mixed-use developments. The company operates across a range of sectors, including land development, housing, and apartment projects, catering to diverse market segments. With a strong focus on creating sustainable and vibrant communities, Peet Limited is committed to delivering high-quality and innovative real estate solutions.
How the Company Makes MoneyPeet Limited makes money primarily through the development and sale of residential and commercial properties. The company's key revenue streams include the sale of land lots, constructed homes, and apartments. Peet often enters into joint ventures and strategic partnerships to leverage additional expertise and resources, which can enhance its project delivery capabilities and expand its market reach. Revenue is also generated through property management services and leasing of commercial spaces within its developments. The company's earnings are influenced by factors such as real estate market conditions, demand for housing, and the successful execution of its development projects.

Peet Limited Financial Statement Overview

Summary
Peet Limited shows solid operational efficiency with stable EBIT and EBITDA margins, but faces challenges with declining revenue and profitability. The balance sheet is stable but with increased leverage and lower return on equity. Inconsistent cash flow performance raises liquidity concerns.
Income Statement
65
Positive
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
70
Positive
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
50
Neutral
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
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
319.02M292.58M318.91M266.61M220.27M188.28M
Gross Profit
95.87M79.53M103.69M97.14M70.11M67.17M
EBIT
67.37M52.23M52.56M50.98M31.55M19.06M
EBITDA
48.83M35.56M55.03M53.45M34.54M-31.07M
Net Income Common Stockholders
46.30M36.55M70.14M52.32M28.50M-30.06M
Balance SheetCash, Cash Equivalents and Short-Term Investments
14.84M23.76M38.79M55.38M64.13M46.84M
Total Assets
1.10B1.09B1.05B1.01B913.35M910.97M
Total Debt
401.72M350.18M294.91M304.34M273.50M289.28M
Net Debt
386.88M326.42M256.12M248.96M209.38M242.44M
Total Liabilities
493.07M499.09M464.47M450.86M380.75M397.90M
Stockholders Equity
584.92M574.26M567.50M541.46M516.28M496.34M
Cash FlowFree Cash Flow
1.87M-31.20M36.17M45.03M14.23M-11.43M
Operating Cash Flow
3.13M-28.87M37.07M46.20M14.43M-7.85M
Investing Cash Flow
2.47M-1.28M1.45M-15.92M29.46M3.58M
Financing Cash Flow
-27.34M15.12M-55.10M-39.02M-26.60M17.50M

Peet Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.66
Price Trends
50DMA
1.54
Positive
100DMA
1.48
Positive
200DMA
1.41
Positive
Market Momentum
MACD
0.02
Positive
RSI
48.20
Neutral
STOCH
67.78
Neutral
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 1.66 is above the 20-day moving average (MA) of 1.62, above the 50-day MA of 1.54, and above the 200-day MA of 1.41, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 48.20 is Neutral, neither overbought nor oversold. The STOCH value of 67.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PPC.

Peet Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUPPC
70
Outperform
AU$777.14M16.138.08%3.31%6.29%-7.85%
AUCWP
69
Neutral
AU$547.05M10.4611.86%3.02%32.36%109.17%
AUSCP
67
Neutral
AU$14.71M
64
Neutral
$8.62B10.394.24%4.63%4.07%-13.04%
AUDXS
58
Neutral
$7.60B-9.22%3.23%0.32%28.89%
AUMGR
55
Neutral
AU$9.47B-6.29%3.75%22.66%-3.80%
AUGPT
54
Neutral
AU$9.50B-1.94%4.84%8.59%16.36%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PPC
Peet Limited
1.59
0.42
35.90%
AU:GPT
GPT Group
4.95
1.16
30.74%
AU:DXS
Dexus
7.01
0.91
14.99%
AU:MGR
Mirvac Group
2.37
0.62
35.35%
AU:SCP
Candy Club Holdings Ltd.
0.15
-61.67
-99.76%
AU:CWP
Cedar Woods Properties Limited
6.71
2.31
52.50%

Peet Limited Corporate Events

Peet Limited Announces Interim CEO Amid Leadership Transition
Jun 13, 2025

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
Jun 6, 2025

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
May 15, 2025

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
Apr 29, 2025

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.

Peet Limited Announces Share Buy-Back Program
Apr 10, 2025

Peet Limited has announced a daily share buy-back program, purchasing a total of 24,499,027 ordinary shares, with a remaining 2,677,424 shares to be bought back. The company has spent $23,285,389.67 on this buy-back, complying with all relevant Corporations Act requirements, which may impact its market position and shareholder value.

Peet Limited Announces Cessation of Securities
Mar 28, 2025

Peet Limited has announced the cessation of 1,772 ordinary fully paid securities, which were cancelled as part of an on-market buy-back. This move reflects the company’s ongoing capital management strategy, potentially impacting its market positioning by reducing the number of shares outstanding, which may influence shareholder value.

Peet Limited Initiates Strategic Share Buy-Back
Mar 26, 2025

Peet Limited has announced a daily share buy-back, purchasing a total of 24,499,027 ordinary shares with a remaining 2,728,909 shares to be bought back. This move indicates the company’s effort to consolidate its share structure and potentially enhance shareholder value, reflecting a strategic financial decision in compliance with the Corporations Act.

Peet Limited Announces Strategic Share Buy-Back
Mar 16, 2025

Peet Limited has announced a daily share buy-back, purchasing a total of 24,499,027 ordinary shares with a remaining 2,729,070 shares to be bought back. The buy-back is conducted on-market, and the company confirms compliance with all relevant Corporations Act requirements, indicating a strategic move to potentially enhance shareholder value and optimize capital structure.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.