Up ~30% since April, PPM is being re-rated as a genuine growth + income play. With double-digit earnings growth and a ~5% franked yield, today’s 5.5% move looks like further recognition of both recovery and sustainability.For those looking at the detail behind today’s move:
Revenue: +8% to $116.6m, with stronger performance in Funds Management.
Earnings: Underlying NPAT +19% to $33.8m. Margin expansion shows operating leverage starting to flow through.
FUM: +10% to $71.2bn — client confidence returning, and flows + market tailwinds doing their job.
Dividends: Final 5.2cps ff, full-year 9.3cps ff. At ~$1.95, that’s ~4.8% yield, comfortably covered by earnings.
Balance sheet: Net cash position maintained, giving room to invest or return more capital.
Guidance: Management signalling FY26 momentum continues, with equity market strength as a tailwind.
The numbers support the re-rate since April — this isn’t just sentiment; it’s fundamentals turning the corner.
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Last
$2.08 |
Change
-0.040(1.89%) |
Mkt cap ! $920.1M | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.13 | $2.06 | $1.115M | 533.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1672 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 1672 | 1 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| PPM (ASX) Chart |