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Peoplein Limited (PPE) Fair Value & Analysis

Industrials · AU · Market cap A$74.4M

PL Peoplein Limited PPE · AU
PriceA$0.7050
Fair ValueA$1.07
Upside+51.8%
Quality56/100
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Mixed Growth
Loss-making · -3.4% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (5/12)
Narrow moat 20/100
Evidence: Medium Range A$0.6200 – A$1.52 Share as image

Fair value as of: Jul 19, 2026

From 14 valuation models · updated 22 days ago

Share price +0.7% over the past month.

A solid business, screening 52% undervalued on our models.

What matters now

  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (A$0.6200 to A$1.52) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$4.25 A$0.5400 Fair Value A$1.07 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range A$0.5400 – A$4.25 · fair‑value band A$0.6200 – A$1.52 · the A$0.7050 price screens below the A$1.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Peoplein Limited (PPE) currently trades at A$0.7050, while our model-based Fair Value estimate is A$1.07, implying the stock looks roughly 51.8% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Peoplein Limited generated revenue of A$1.1B at a net margin of -3.4%. Revenue declined 8.2% year over year. It earns a return on equity of -3.2%. Net debt stands at A$79.3M. Fundamentals as of Jul 19, 2026

Our scenario range runs from A$0.6200 (bear case) to A$1.52 (bull case); at A$0.7050, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 34% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 23% fair-value upside, at 52%, PPE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$2.96 A$4.87 A$8.26 80
Rev-Margin DCF A$1.51 A$2.85 A$5.03 74
ROIC Compounder A$0.2800 A$0.3600 A$0.4200 72
All 14 models by family
DCF Models
FCF DCF A$3.19 A$4.64 A$8.85 38
Owner Earnings A$0.1400 A$0.6000 31
5Y Revenue Exit A$1.51 A$2.44 A$4.27 39
5Y EBITDA Exit A$2.48 A$4.43 A$8.14 41
10Y Revenue Exit A$2.07 A$3.76 A$4.72 36
10Y EBITDA Exit A$2.70 A$5.48 A$10.36 37
Earnings-Based
EPV A$0.2800 A$0.3600 A$0.4200 59
Multiples
EV/EBIT A$0.9400 A$1.39 A$1.84 53
EV/EBITDA A$2.15 A$3.01 A$3.86 54
EV/Revenue A$0.5600 A$0.9700 A$1.38 43
Asset-Based
NCAV (Graham) A$0.6700 A$0.9000 A$1.35 50
Growth DCF
Growth DCF A$2.96 A$4.87 A$8.26 80
Rev-Margin DCF A$1.51 A$2.85 A$5.03 74
Economic Profit
ROIC Compounder A$0.2800 A$0.3600 A$0.4200 72

Widest divergence: DCF Models (A$3.76) versus Earnings-Based (A$0.3600). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$1.1B
Revenue growth (YoY) -8.2%
Net margin -3.4%
Return on equity -3.2%
Free cash flow A$33.2M FY2025
Operating margin 0.7%
More key figures
EPS (TTM) A$-0.0900
EPS growth (YoY) -62.2%
Net debt A$79.3M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 56 · Market factors (momentum, volatility) 56

Profitability 43
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 67
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Peoplein Limited, together with its subsidiaries, provides staffing, business, and operational services in Australia, New Zealand, and Singapore. It operates in three segments: Industrial and Specialist Services, Professional Services, and Health and Community.

Full company description

Peoplein Limited, together with its subsidiaries, provides staffing, business, and operational services in Australia, New Zealand, and Singapore. It operates in three segments: Industrial and Specialist Services, Professional Services, and Health and Community. The company offers workforce management, recruiting, on-boarding, contracting, rostering, timesheet management, payroll, and workplace health and safety management services. It serves health and aged care, community, education, finance and corporate services, tech and IT, trades and labour, agriculture and food processing, and defence sectors. The company was formerly known as People Infrastructure Ltd and changed its name to Peoplein Limited in December 2021. Peoplein Limited was founded in 1996 and is based in Fortitude Valley, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Peoplein Limited reported revenue of A$1.1B in FY2025 versus A$430M in FY2021, a compound +26.4%/yr. Reported net income was −A$12.8M in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$1.1B
Latest YoY
−6.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+25.0%
Avg. growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+33.6%
Revenue +26.4%/yr
FY21 A$430M
FY22 A$679M
FY23 A$1.2B
FY24 A$1.2B
FY25 A$1.1B
Net income
FY21 A$17.7M
FY22 A$17.7M
FY23 A$18.9M
FY24 A$4.7M
FY25 −A$12.8M

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Cite: Fair Value Calculator (2026). "Peoplein Limited Fair Value". https://www.fairvalue-calculator.com/stock/PPE

Peer Group

Staffing & Employment Services · 85 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Below median
Fair Value upside +52% · Above median
Return on assets 3% · Below median
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) 1% · Below median
Revenue growth -8% · Below median
Debt / equity 0.52× · Higher than 75% of peers

Valuation Multiples vs Staffing & Employment Services median · lower = cheaper

P/B 0.36× · Cheaper than 75% of peers
P/S (TTM) 0.05× · Cheaper than 75% of peers
P/FCF 1.6× · Cheaper than median
EV/EBITDA 4.6× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 41
FUTURE 0 · sector 1
PAST 0 · sector 36
HEALTH 74 · sector 95
DIVIDEND 0 · sector 60

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Adecco Group ADEN CHF 20.46 CHF 23.73 +16%
Korn Ferry, KFY $78.61 $114.56 +46%
Robert Half Inc RHI $36.70 $22.10 -40%
TriNet Group TNET $57.56 $70.85 +23%
ManpowerGroup Inc MAN $39.02 $29.67 -24%
Insperity, Inc NSP $49.48 $17.34 -65%
FESCO Group 600861 ¥13.24 ¥45.46 +243%
Grupa Pracuj S.A GPP 47.40 PLN 65.45 PLN +38%
Barrett Business Services, Inc BBSI $37.43 $38.42 +3%
Maharah for Human Resources Company 1831 5.36 SAR 6.92 SAR +29%

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Frequently asked questions

Is Peoplein Limited (PPE) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of A$1.07 versus a price of A$0.7050, about +52% (undervalued).
What is the fair value of PPE?
Our model-based fair value for Peoplein Limited is A$1.07 (as of Jul 19, 2026), built from audited fundamentals. The current price is A$0.7050.
What is the quality score of PPE?
Peoplein Limited has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Peoplein Limited (PPE)?
Peoplein Limited reported trailing-twelve-month revenue of about A$1.1B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of PPE?
The net profit margin of Peoplein Limited is about -3.4%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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