Obermatt

Praemium

ASX:PPS · AU000000PPS1
SoftwareX-Small

360

68
EV / EBIT32
Price / Owner Earnings20
Owner Earnings Yield69
Dividend Yield89
Price/Sales46
EV / Gross Profit24
Price/Book58
Return on Capital85
Cash Return on Capital83
Return on Equity81
EBIT Margin94
Gross Profitability50
Cash Conversion23
Accruals14
Owner Earnings Margin88
Sales growth50
Profit Growth39
Long-Term EPS Growth85
Owner Earnings Growth36
Reinvestment77
Price momentum72
Debt load87
Refinancing51
Debt Payback100
Liquidity87
Analyst ratings92
Opinion Changes50
Price Target Upside64
Market mood39
Value Creation16/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Praemium generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryAustralia
IndustrySoftware
SizeX-Small
TypePublic Company
ExchangeASX
Founded2001
Employees309
ISINAU000000PPS1
Last UpdateApr 2, 2026
Index & Theme
Digital BrokerageData IntegrationOnline Analysis and Reference

Description

Praemium Limited engages in providing investment administration and reporting solutions. The company offers a comprehensive suite of products and services designed primarily for asset managers, financial advisers, and clients looking to streamline in…

Analysis

Middle-of-the-road

Praemium Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 18.5× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 5% yearly growth; analysts expect 17%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 16/20 on our value-creation score: strong value creator.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

85

Jan 2024

Average rank

94

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
46
47
51
32
Price/Earnings
67
70
85
24
Price/Book
58
53
69
5
Dividend Yield
89
84
81
64
Value (overall)
84
79
73
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →