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Perenti Limited

PRN.AXBasic MaterialsASX

Other Industrial Metals & Mining

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Financials · Annual
Revenue
$3.49B
+4.4% YoY
Net Income
$120.6M
+26.3% YoY
EBITDA
$667.7M
+6.8% YoY
Free Cash Flow
$163.4M

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About Perenti Limited

Perenti Limited operates as a mining services company worldwide. With a market capitalization of $1.98B, it sits in small-cap territory. The company operates through Contract Mining, Drilling Services, and Mining and Technology Services segments.

Key stats
Market Cap$1.98B
P/E (TTM)16.23
Fwd P/E9.96
EPS$0.13
Beta0.23
52W Change+29.4%
Dividend Yield3.55%
ROE7.8%
Analysis

The company holds $275.1M in cash, though total debt stands at $660.5M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $163.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 7.8% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $2.44B (2022) to $3.49B (2025), reflecting a 43% increase over the period.

PRN.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Perenti Limited's trajectory.

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