What is the intrinsic value of PIC.AX?

As of 2026-04-03, the Intrinsic Value of Perpetual Equity Investment Company Ltd (PIC.AX) is 1.13 AUD. This PIC.AX valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 1.17 AUD, the upside of Perpetual Equity Investment Company Ltd is -3.70%.

The range of the Intrinsic Value is 0.82 - 1.90 AUD

Is PIC.AX undervalued or overvalued?

Based on its market price of 1.17 AUD and our intrinsic valuation, Perpetual Equity Investment Company Ltd (PIC.AX) is overvalued by 3.70%.

	Range	Selected	Upside
a
DCF (Growth 5y)	0.82 - 1.90	1.13	-3.7%
DCF (Growth 10y)	0.89 - 1.92	1.18	1.2%
DCF (EBITDA 5y)	0.67 - 1.05	0.88	-24.7%
DCF (EBITDA 10y)	0.77 - 1.17	0.98	-16.6%
Fair Value	2.35 - 2.35	2.35	101.17%
P/E	0.98 - 1.57	1.26	7.4%
EV/EBITDA	0.79 - 1.73	1.20	2.5%
EPV	1.14 - 1.55	1.35	15.2%
DDM - Stable	0.61 - 1.90	1.25	7.2%
DDM - Multi	0.44 - 0.97	0.59	-49.3%