Added to YB: 2025-03-27
Pitch date: 2025-03-26
PPS.AX [bullish]
Praemium Limited
+16.63%
current return
Author Info
HD Capital Partners is a Sydney based fund manager specialising in smaller listed companies. Sign up for the newsletter.
Company Info
Praemium Limited, together with its subsidiaries, provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally.
Market Cap
AUD 320.4M
Pitch Price
AUD 0.70
Price Target
1.00 (+23%)
Dividend
2.98%
EV/EBITDA
12.15
P/E
30.80
EV/Sales
2.98
Sector
Software
Category
growth
A Growth Business deserving of a Praemium - Praemium Limited
PPS.AX: Investment platform with 2.5% market share, growing from 0.5% in 2016. Double-digit revenue growth, 20%+ EPS growth expected next 3 years. Trades at 10x EV/EBITDA vs peers at 15-20x. Recent OneVue acquisition to boost margins to 35-40%. Potential M&A target at $1+/share based on comps.
Read full article (9 min)