PEOPLEIN LIMITED (PPE)
Share Price Analysis and Chart

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PPE

PPE - PEOPLEIN LIMITED

FNArena Sector : Jobs & Skilled Labour Services
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 5.57
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.875

25 Mar
2025

-0.010

OPEN

$0.87

-1.13%

HIGH

$0.89

71,713

LOW

$0.87

TARGET
$1.275 45.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
SEK . SIO . XF1 .
FNARENA'S MARKET CONSENSUS FORECASTS
PPE: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 4.5 10.3 xxx
DPS (cps) xxx 3.0 1.5 xxx
EPS Growth xxx - 76.0% 100.0% xxx
DPS Growth xxx - 78.6% - 50.0% xxx
PE Ratio xxx N/A 8.8 xxx
Dividend Yield xxx N/A 1.7% xxx
Div Pay Ratio(%) xxx 66.4% 14.6% xxx

Dividend yield today if purchased 3 years ago: 0.74%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.33

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: 04/03 - ex-div 3c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx4.5
DPS All xxxxxxxxxxxxxxx3.0
Sales/Revenue xxxxxxxxxxxxxxx1,173.7 M
Book Value Per Share xxxxxxxxxxxxxxx149.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-3.5 M
Net Profit Margin xxxxxxxxxxxxxxx0.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx2.98 %
Return on Invested Capital xxxxxxxxxxxxxxx1.81 %
Return on Assets xxxxxxxxxxxxxxx1.13 %
Return on Equity xxxxxxxxxxxxxxx2.98 %
Return on Total Capital xxxxxxxxxxxxxxx1.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-15.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx18 M
Long Term Debt xxxxxxxxxxxxxxx124 M
Total Debt xxxxxxxxxxxxxxx141 M
Goodwill - Gross xxxxxxxxxxxxxxx149 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx37 M
Price To Book Value xxxxxxxxxxxxxxx0.54

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx6.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.53 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,148 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgans

24/02/2025

1

Upgrade to Add from Hold

$1.40

60.00%

PeopleIN's 1H25 result was better than expected given the company flagged challenging conditions, and Morgans believes it is a reflection of a stabilising business. The broker thinks the EBITDA margin of 3.5% in 1H was a cyclical low and sees the potential of a rise to 4.5% through the cycle.

The company is renewing its focus on underlying EBITDA and EPS growth, and the broker expects any growth in billing rates will be mostly offset by -8% fewer billable days in 2H vs 1H. This has led to an increase in the analyst's EBITA forecast for FY25 by 5% and by 3% in FY26.

Rating upgraded to Add from Hold, and target price rises to $1.40 from $0.75.

FORECAST
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 10.00 cents.
Morgans forecasts a full year FY26 dividend of 3.00 cents and EPS of 12.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

03/03/2025

1

Overweight

$1.19

36.00%

Wilsons notes PeopleIn's 1H25 revenue fell -5% y/y to $573m but this was still in line with its own forecast and showed the company leveraged the tight candidate market by focusing on higher-rate roles vs volume.

EBITDA beat Wilsons' forecast by 6%, and operating costs fell -5.3% y/y. The broker highlights the economic backdrop is challenging but PeopleIn is positioned for a rebound

Operating cash flow improved materially to $22.5m, driving a -23% decline in net debt to $62m, and pushed the target price up to $1.19 from $1.03. Overweight rating.

FORECAST
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 8.40 cents.
Wilsons forecasts a full year FY26 dividend of 5.70 cents and EPS of 13.30 cents.
Access Extra Coverage Research History >

PPE STOCK CHART

FNArena News on PPE

1
Australian Broker Call *Extra* Edition – Mar 03, 2025

Mar 03 2025 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 28-02-25

Mar 03 2025 - Weekly Reports
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Aug 15 2024 - Australia
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