PERENTI GLOBAL LIMITED (PRN)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

PRN - PERENTI GLOBAL LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Materials
Index: ASX200 | ASX300 | ALL-ORDS

Perenti Group is a multi-national mining services company with operations in surface mining, underground mining and mining support services in several countries. The group was founded in 1987 in Kalgoorlie and listed on the ASX in 1994. Prior ASX-listing was as Barminco.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.07

15 Apr
2021

0.000

OPEN

$1.07

0.000

HIGH

$1.10

2,225,289

LOW

$1.07

TARGET
$1.75 63.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AAX . ALQ . ARI . BLY . CDD . DOW . EHL . IPL . LCM . MAH . MIN . MND . NWH . ORI . RCR . SDM . SVW . HDX . MSV . RAN . DCG . ANG . GNG . RUL . MAD . PGX . IMD . LYL . MYE . SXE . CDA . XRF . MLD . CXL . SRG . LBL .
FNARENA'S MARKET CONSENSUS FORECASTS
PRN: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx 3.5 13.0 xxx
DPS (cps) xxx 7.0 7.0 xxx
EPS Growth xxx - 88.4% 100.0% xxx
DPS Growth xxx 0.0% 0.0% xxx
PE Ratio xxx N/A 8.4 xxx
Dividend Yield xxx N/A 6.4% xxx
Div Pay Ratio(%) xxx 202.3% 53.8% xxx

Dividend yield today if purchased 3 years ago: 2.55%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.42

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 16/03 - 3.5c (0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201520162017201820192020
EPS Basic xxxxxxxxxxxxxxx3.5
DPS All xxxxxxxxxxxxxxx7.0
Sales/Revenue xxxxxxxxxxxxxxx2,046 M

EPS Basic

DPS All

Sales/Revenue

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

24/02/2021

1

Buy

$1.75

63.55%

Perenti Global results were materially below UBS estimates. Nevertheless, the underground mining segment is the driver of value and grew 13% year-on-year, despite the pandemic.

UBS assesses embedded growth into FY22 from the ramp up of contracts and expansion opportunities. The surface strategic review has led to -$88.1m in restructuring costs. UBS downgrades FY21-23 estimates by -18-20% because of this.

Buy rating retained, as value is still envisaged. Target is reduced to $1.75 from $1.90.

FORECAST
UBS forecasts a full year FY21 dividend of 7.00 cents and EPS of 13.00 cents.
UBS forecasts a full year FY22 dividend of 8.00 cents and EPS of 15.00 cents.
Access Stockbroker Research History >

PRN STOCK CHART

FNArena News on PRN

1
Rudi’s View: Qantas, AMP, Infomedia And Lovisa

Mar 12 2021 - Rudi's View
2
Australian Broker Call *Extra* Edition – Mar 09, 2021

Mar 09 2021 - Daily Market Reports
3
FNArena Corporate Results Monitor – 24-02-2021

Feb 24 2021 - Australia
4
Share Market Outlook 2021: Swings & Roundabouts

Jan 21 2021 - Rudi's View
5
Rudi’s View: A New Era For FNArena

Nov 05 2020 - Rudi's View

Latest Mining Sector Contracting News

1
Orica Rattles Market With Another Downgrade

Mar 02 2021 - Australia
2
Momentum Builds For Emeco Holdings

Feb 10 2021 - Small Caps
3
Coal Outlook Still Driving Emeco

Aug 11 2020 - Small Caps
4
Perenti Global Supported By Metals Exploration

Jun 29 2020 - Australia
5
Seven Group Stakes Out Strong Position

Jun 15 2020 - Australia
6
Bargains For The Brave In Mining Services

May 12 2020 - Weekly Reports
7
Firm Outlook For Orica Despite Mine Closures

May 11 2020 - Australia
8
Increased Gold Exposure Lifts Emeco Outlook

Feb 20 2020 - Small Caps
9
Downer Downgrades, Again. More To Come?

Jan 24 2020 - Australia
10
NRW Holdings Diversifies Growth Options

Dec 03 2019 - Australia