Ann: FY24 Results Presentation, page-25

  1. 458 Posts.
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    Based on FY25 guidance, PRN is now trading around 3.8x EBITA when historically it's traded around 6-10x. Even at the low end of history, PRN should be around $1.80.

    With free cash getting better and nicely deleveraged, a free cash yield over 15%, and a surprise dividend ... this stock should rerate.

    Some markers are
    - book value per share =$1.91
    - tangible book value per share = $1.25

    Patience to those who wait.

    DYOR
 
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(20min delay)
Last
$1.77
Change
-0.040(2.22%)
Mkt cap ! $1.638B
Open High Low Value Volume
$1.79 $1.79 $1.74 $2.039M 1.156M

Buyers (Bids)

No. Vol. Price($)
1 30000 $1.76
 

Sellers (Offers)

Price($) Vol. No.
$1.78 4132 2
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
PRN (ASX) Chart
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