Perenti (PRN) Stock Price, Fundamentals & Analysis

What PRN does

Perenti (PRN) is a stock listed on the ASX under the symbol PRN in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry. The company operates as a mining services provider worldwide through two segments: Contract Mining and Drilling Services. It offers underground and surface contract mining, technical services, and drilling services such as specialized deep hole multi-intersectional directional diamond core drilling, underground diamond core drilling, drilling and blasting, and in-pit grade control services. Formerly known as Perenti Global Limited, it changed its name to Perenti Limited in October 2022 and was incorporated in 1986. It is headquartered in Northbridge, Australia, and employs 10,000 people.

Key numbers explained

• The current price is 2.2 AUD, down 1.35% today.
• The market capitalisation of 2.05B AUD reflects the total market value of all outstanding shares.
• The trailing P/E ratio of 24.4 shows the price investors pay per unit of recent earnings; the forward P/E ratio of 9.7 uses expected future earnings and is often read as a more forward-looking valuation gauge.
• The dividend yield of 3.52% indicates the annual dividend as a percentage of the current share price, with 86% of trailing earnings paid out as dividends.
• The beta of 0.32 suggests the stock has historically been less volatile than the broader market.
• The price-to-book ratio of 1.16 compares the share price to the company's book value per share.
• The debt-to-equity ratio of 31.2% measures financial leverage, showing debt relative to shareholders' equity.
• The return on equity of 5.8% indicates how effectively the company generates profit from shareholders' equity.

What to watch

Investors tracking PRN may look at the mining services cycle and commodity price trends, which can affect demand for contract mining and drilling. The upcoming earnings report on Aug 24, 2026 is a key date for updated financials. The company's position among peers such as Zimplats Holdings (ZIM), Ora Banda Mining (OBM), and Dyno Nobel (DNL) can provide context for sector performance. Broader market movements and changes in capital expenditure in the mining industry are also relevant factors.