Peet Limited (PPC) - Research

$1.170 0.01 (0.85%)

PPC General Information +

ASX Code PPC
Website http://www.peet.com.au
GICS Sub-Industry Real Estate Development
Market Cap ($M) 565
Current Price $1.170
Day High $1.180
Day Low $1.165
Last Close $1.180
Price Movement $0.01 ( 0.85% )
Prices as at 16:40, 16 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

PPC Company Overview

Business Description

Peet Limited (PPC) is an Australian property company, focused on creating high-quality master-planned residential communities for homebuyers across Australia. As at 30 June 2018, the Group managed and marketed a land bank of more than 49,000 lots in the growth corridors of major mainland Australian cities.

PPC Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2019 A 47.35 9.80 -2.30% 11.20 5.00 4.60% 100.0%
2018 A 48.64 10.00 9.60% 13.30 5.00 3.80% 100.0%
2017 A 44.26 9.10 5.10% 11.40 4.80 4.60% 100.0%

PPC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 A 2017 A 2018 A 2019 A 2017 A 2018 A 2019 A
Aveo (AOG) $1,231M 0.0000 0.0000 0.5210 0.0000 32.9705 21.6769 0.00% 1.71% 2.56%
Cedar Woods Properties (CWP) $509M 0.1307 -0.0431 0.0902 10.4578 10.9294 10.0253 4.96% 4.96% 5.04%
Peet (PPC) $570M -0.0230 0.0000 0.0000 12.0531 0.0000 0.0000 4.24% 0.00% 0.00%
Villa World (VLW) $293M -0.4578 0.0000 0.0000 12.5067 0.0000 0.0000 3.42% 0.00% 0.00%

PPC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 12.00 1.04 0.00
Market 0.86 16.80 1.60 1.73
Sector 0.71 18.40 1.08 1.25

PPC Directors

Name Position Start Date
Mr Brendan David Gore Chief Executive Officer, Managing Director 6 Aug 2007
Mr Anthony(Tony) Wayne Lennon Non-Executive Chairman, Non-Executive Director 5 Feb 1985
Mr Robert (Bob) John McKinnon Non-Executive Director 19 May 2014
Mr Anthony James Lennon Non-Executive Director 1 Jan 1996
Mr Trevor Allen Non-Executive Director 4 Apr 2012
Ms Vicki Krause Non-Executive Director 4 Apr 2014

PPC Management

Name Position
B C Fullarton Chief Financial Officer
P J Dumas Chief Investment Officer
Dom Scafetta Company Secretary

PPC Substantial Shareholders

Holding Name
92,299,388 (19.40%) Scorpio Nominees Pty Ltd and AW Lennon
75,676,739 (15.44%) Allan Gray Australia Pty Ltd
34,864,418 (7.12%) Ellerston Capital Limited and its associates
28,058,347 (5.73%) L1 Capital Pty Ltd
23,908,410 (5.52%) Challenger Limited
24,558,576 (5.01%) Eley Griffiths Group Pty Ltd

PPC Calendar of Events

Date Event
27 August 2020 Report (Prelim)
25 February 2020 Report (Interim)
16 October 2019 Report (Annual)
07 October 2019 Div Pay Date
19 September 2019 Books Close
18 September 2019 Div Ex Date

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