Loading…
Australian retail conglomerate owning Peter Alexander and Smiggle, plus stakes in Breville and Myer.
Australian retail conglomerate owning Peter Alexander and Smiggle, plus stakes in Breville and Myer.
Earns a retail margin by selling through its own stores and websites, with sleepwear and kids' stationery brands leading, and also records income from its holdings in other listed companies. Chairman Solomon Lew is the largest shareholder.
In one line: Australia's retail holding company, like a smaller L Brands.
Moat: narrow (brand). Strong owned retail brands (Peter Alexander, Smiggle) with loyal customer followings in Australia.
Headquarters: Melbourne, Australia · Founded: 1987
Size Premier Investments (PMV.AX) is an Australia Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $1.57B, the 139th largest of 316 Australia companies the cockpit tracks. Shares closed at A$14.18 on 6 Nov 2026.
Performance Over six months the shares gained 21.5%, against -6.6% for the median peer and +4.1% for the Australia market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue fell 2.8% over the last twelve months (peer median +7.0%); the operating margin is 14.3% (peer median 6.6%).
Valuation It trades at 14.9× forward earnings against a peer median of 14.6× (9th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is -11%, so the hurdle is +20 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.8 points above its cost of capital (9.2% WACC).
Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$794M | A$805M | A$828M | A$816M | A$1.65B |
| Revenue growth | — | -3% | +1% | -51% | — |
| Gross profit | A$209M | A$227M | A$258M | A$313M | A$488M |
| EBITDA | A$198M | A$211M | A$242M | A$304M | A$521M |
| Net income | A$129M | A$129M | A$166M | A$258M | A$271M |
| Free cash flow | A$221M | A$221M | A$241M | A$399M | A$375M |
| Capital expenditure | A$14.6M | A$14.6M | A$31.1M | A$29.2M | A$16.5M |
| Total debt | n/a | A$221M | A$252M | A$478M | A$499M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Premier Investments PMV.AX | $1.57B | +22% | -3% | 14% | 14.9× | 9.4% |
| Universal Store UNI.AX | $425M | +24% | +13% | 17% | 14.1× | 4.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PMV.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.3% | +3.7% | 3rd highest of 21 |
| 6-month return | +21.5% | -6.6% | 3rd highest of 20 |
| Distance from 52-week high | -22.3% | -29.2% | 8th highest of 21 |
| Revenue growth (TTM) | -2.8% | +7.0% | 3rd lowest of 21 |
| Operating margin | 14.3% | 6.6% | 4th highest of 21 |
| Forward P/E | 14.9× | 14.6× | 9th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 9.4% | 4.3% | 9th most demanding of 19 |
| Growth delivered (Del g) | -11.0% | +8.1% | lowest of 18 |
| Hurdle (Req g minus delivered) | +20.4 pp | -7.2 pp | 2nd most demanding of 18 |
| ROIC minus cost of capital | +0.8 pp | +1.6 pp | 10th lowest of 20 |
| EV / EBITDA | 10.6× | 7.5× | 8th most expensive of 19 |
| Net debt / EBITDA | -0.9× | 1.0× | 3rd least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Premier Investments PMV.AX | Australia | $1.57B | +22% | -3% | 14% | 14.9× | 9.4% | -11.0% |
| PAL 2726.T | Japan | $1.58B | -4% | +7% | 11% | 13.6× | -15.4% | +16.7% |
| OVS OVS.MI | Italy | $1.74B | +15% | +10% | 7% | 14.8× | 12.8% | +11.4% |
| Modivo MDV.WA | Poland | $2.01B | +29% | +4% | 2% | 34.1× | 23.3% | +15.9% |
| Carter's CRI | United States | $1.17B | -9% | +5% | 10% | 9.9× | -13.2% | -0.8% |
| Capri CPRI | United States | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% | -3.1% |
| Buckle BKE | United States | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% | +7.6% |
| Reformation REF | United States | $1.07B | n/a | +16% | 6% | 57.7× | n/a | n/a |
| Metro Brands METROBRAND.NS | India | $2.39B | -20% | +16% | 19% | 49.2× | 34.1% | +29.1% |
| Sailvan Times 301381.SZ | China | $2.39B | +25% | +14% | 4% | 25.4× | 14.9% | +17.6% |
| Aditya Birla Lifestyle Brands ABLBL.NS | India | $995M | -35% | +7% | 7% | 32.4× | 22.2% | n/a |
| Winmark WINA | United States | $944M | -29% | +9% | 60% | 23.9× | 7.7% | +5.4% |
| AOKI 8214.T | Japan | $912M | +10% | 0% | 8% | n/a | -5.3% | +6.3% |
| AND ST HD 2685.T | Japan | $900M | +2% | +3% | 6% | 12.0× | -15.3% | +10.6% |
| Brainbees Solutions FIRSTCRY.NS | India | $883M | -33% | +12% | -2% | 194.4× | 20.1% | +39.8% |
| Topsports International 6110.HK | Hong Kong | $882M | -62% | -3% | 5% | 6.1× | -20.9% | -7.2% |
| American Eagle Outfitters AEO | United States | $3.34B | +19% | +8% | 9% | 11.1× | 0.9% | +8.1% |
| Nishimatsuya Chain 7545.T | Japan | $725M | -6% | +5% | 5% | 13.8× | -21.2% | +3.9% |
| AOYAMA TRADING 8219.T | Japan | $704M | -7% | -2% | 6% | 13.3× | -1.6% | +3.2% |
| V2 Retail V2RETAIL.NS | India | $672M | -20% | +49% | 9% | 20.2× | n/a | n/a |
| Boot Barn BOOT | United States | $3.92B | -20% | +17% | 14% | 14.6× | 14.3% | +20.3% |