Critical Contrast: Perenti (AUSDF) vs. Its Peers

Insider and Institutional Ownership

22.4% of Perenti shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 17.6% of shares of all “Metals & Mining” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Dividends

Perenti pays an annual dividend of $0.08 per share and has a dividend yield of 4.4%. Perenti pays out -58.7% of its earnings in the form of a dividend. As a group, “Metals & Mining” companies pay a dividend yield of 9.1% and pay out 10.6% of their earnings in the form of a dividend.

Profitability

This table compares Perenti and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Perenti	N/A	N/A	N/A
Perenti Competitors	-1,158,604,987,491,368,400.00%	48.22%	-2.34%

Earnings & Valuation

This table compares Perenti and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Perenti	N/A	N/A	-13.20
Perenti Competitors	$5.05 billion	$267.28 million	-21.54

Perenti’s rivals have higher revenue and earnings than Perenti. Perenti is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

Perenti beats its rivals on 5 of the 9 factors compared.

About Perenti

Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining, Drilling Services, and Mining Services and Idoba segments. The company offers underground and surface contract mining, drill and blast, in-pit grade control, exploration drilling, earthmoving, and machinery rebuilds services; and drilling services including specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting, and in-pit grade control services. It also provides mining support services, such as equipment hire, equipment parts and sales, equipment supply, logistics services, and technology driven products and services. The company was formerly known as Perenti Global Limited and changed its name to Perenti Limited in October 2022. Perenti Limited was incorporated in 1986 and is headquartered in Northbridge, Australia.