PEOPLEIN LIMITED (PPE)
Share Price Analysis and Chart

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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

$0.95

20 Dec
2024

0.000

OPEN

$0.95

0.000

HIGH

$0.97

83,051

LOW

$0.94

TARGET
$0.945 -0.5% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
LVH . SEK . SIO . XF1 .
FNARENA'S MARKET CONSENSUS FORECASTS
PPE: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 4.5 8.0 xxx
DPS (cps) xxx 0.0 1.5 xxx
EPS Growth xxx - 76.0% 77.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 11.9 xxx
Dividend Yield xxx N/A 1.6% xxx
Div Pay Ratio(%) xxx N/A 18.8% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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 © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx4.5
DPS All xxxxxxxxxxxxxxx0.0
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

0.5

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

29/08/2024

3

Hold

$0.75

-21.05%

Across FY24, PeopleIN experienced lower revenues from permanent recruitment, compounded by mix (more lower margin business) and reductions in on-hire labour hours, explains Morgans.

Normalised profit in FY24 fell by -41% versus the previous corresponding period.

Despite a stabilisation of conditions in the 2H, management is cautious on the outlook for the next six months, but optimistic on the opportunities for 2025 and beyond.

Given the recent margin degradation across the company's divisions and lack of near-term catalysts, Morgans retains a Hold rating. The target falls to 75c from 90c.

FORECAST
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 6.40 cents.
Morgans forecasts a full year FY26 dividend of 3.10 cents and EPS of 9.30 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

02/12/2024

3

Market Weight

$1.03

8.42%

Wilsons notes PeopleIn's AGM highlighted no major deterioration in conditions and a reduction in net debt/earnings (EBITDA) to 1.7 times at September 2024 from 2.1 times at June 2024.

First-quarter FY25 earnings of $9.2m represent an -8% decline compared to the FY24 quarterly average, with management anticipating tough macroeconomic conditions to persist for the next six months.

Performance varied across segments, highlights the broker, with nursing under pressure, while Edmen, FTAI Infrastructure Inc (FIP) and Perigon Wealth Management showed resilience.

Wilsons lowers the FY25 earnings forecast by -7% and FY26-27 by -8%. The broker reduces the target price to $1.03 from $1.18 and retains an Overweight rating.

FORECAST
Wilsons forecasts a full year FY25 dividend of 5.10 cents and EPS of 7.00 cents.
Wilsons forecasts a full year FY26 dividend of 5.70 cents and EPS of 13.00 cents.
Access Extra Coverage Research History >

PPE STOCK CHART

FNArena News on PPE

1
Australian Broker Call *Extra* Edition – Dec 02, 2024

Dec 02 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 29-08-2024

Aug 29 2024 - Australia
3
Australian Broker Call *Extra* Edition – Jul 31, 2024

Jul 31 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Mar 07, 2024

Mar 07 2024 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 01-03-24

Mar 04 2024 - Weekly Reports

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