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Perpetual Valuation Multiples
Discover revenue and EBITDA valuation multiples for Perpetual and similar public comparables like Prospect Capital, Isras Investments, Borusan Yatırım, Viel & Cie and more.
Perpetual Overview
About Perpetual
Perpetual is one of Australia's oldest financial-services firms, founded in 1886. It has three operating segments, with the investments business being the main earnings generator. It is an active manager of listed assets. Perpetual also provides financial planning services to high-net-worth clients via its private segment. In its trust segment, it provides outsourced responsible entity services to funds, as well as custodial and trustee services in the debt capital markets, particularly in securitization issuances.
Founded
1963
HQ

Employees
1.8K
Website
Sectors
Financials (LTM)
EV
$2B
Perpetual Financials
Perpetual reported last 12-month revenue of $975M and EBITDA of $283M.
In the same LTM period, Perpetual generated $975M in gross profit, $283M in EBITDA, and $144M in net income.
Revenue (LTM)
Perpetual P&L
In the most recent fiscal year, Perpetual reported revenue of $968M and EBITDA of $278M.
Perpetual expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $975M | XXX | $968M | XXX | XXX | XXX |
| Gross Profit | $975M | XXX | $968M | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | 100% | XXX | XXX | XXX |
| EBITDA | $283M | XXX | $278M | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 29% | XXX | XXX | XXX |
| EBIT Margin | 24% | XXX | 23% | XXX | XXX | XXX |
| Net Profit | $144M | XXX | $133M | XXX | XXX | XXX |
| Net Margin | 15% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $453M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Perpetual Stock Performance
Perpetual has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
Perpetual's stock price is $11.79.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | 0.0% | XXX | XXX | XXX | $1.15 |
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Start Free TrialPerpetual Valuation Multiples
Perpetual trades at 1.8x EV/Revenue multiple, and 6.3x EV/EBITDA.
EV / Revenue (LTM)
Perpetual Financial Valuation Multiples
As of April 20, 2026, Perpetual has market cap of $1B and EV of $2B.
Equity research analysts estimate Perpetual's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Perpetual has a P/E ratio of 9.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.3x | XXX | 6.4x | XXX | XXX | XXX |
| EV/EBIT | 7.5x | XXX | 8.0x | XXX | XXX | XXX |
| EV/Gross Profit | 1.8x | XXX | 1.8x | XXX | XXX | XXX |
| P/E | 9.5x | XXX | 10.2x | XXX | XXX | XXX |
| EV/FCF | 11.3x | XXX | 12.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Perpetual Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Perpetual Margins & Growth Rates
Perpetual's revenue in the last 12 month declined by (1%).
Perpetual's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.5M for the same period.
Perpetual's rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Perpetual's rule of X is 27% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Perpetual Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (1%) | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 29% | XXX | XXX | XXX |
| EBITDA Growth | (5%) | XXX | 2% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 83% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 92% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Perpetual Public Comps
See public comps and valuation multiples for other Asset Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Perpetual | XXX | XXX | XXX | XXX | XXX | XXX |
| Prospect Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| Isras Investments | XXX | XXX | XXX | XXX | XXX | XXX |
| Borusan Yatırım | XXX | XXX | XXX | XXX | XXX | XXX |
| Viel & Cie | XXX | XXX | XXX | XXX | XXX | XXX |
| WAM Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Perpetual M&A Activity
Perpetual acquired XXX companies to date.
Last acquisition by Perpetual was on XXXXXXXX, XXXXX. Perpetual acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Perpetual
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialPerpetual Investment Activity
Perpetual invested in XXX companies to date.
Perpetual made its latest investment on XXXXXXXX, XXXXX. Perpetual invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Perpetual
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Perpetual
| When was Perpetual founded? | Perpetual was founded in 1963. |
| Where is Perpetual headquartered? | Perpetual is headquartered in Australia. |
| How many employees does Perpetual have? | As of today, Perpetual has over 1K employees. |
| Who is the CEO of Perpetual? | Perpetual's CEO is Bernard Reilly. |
| Is Perpetual publicly listed? | Yes, Perpetual is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Perpetual? | Perpetual trades under PPT ticker. |
| When did Perpetual go public? | Perpetual went public in 1964. |
| Who are competitors of Perpetual? | Perpetual main competitors are Prospect Capital, Isras Investments, Borusan Yatırım, Viel & Cie. |
| What is the current market cap of Perpetual? | Perpetual's current market cap is $1B. |
| What is the current revenue of Perpetual? | Perpetual's last 12 months revenue is $975M. |
| What is the current revenue growth of Perpetual? | Perpetual revenue growth (NTM/LTM) is (1%). |
| What is the current EV/Revenue multiple of Perpetual? | Current revenue multiple of Perpetual is 1.8x. |
| Is Perpetual profitable? | Yes, Perpetual is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Perpetual? | Perpetual's last 12 months EBITDA is $283M. |
| What is Perpetual's EBITDA margin? | Perpetual's last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of Perpetual? | Current EBITDA multiple of Perpetual is 6.3x. |
| What is the current FCF of Perpetual? | Perpetual's last 12 months FCF is $158M. |
| What is Perpetual's FCF margin? | Perpetual's last 12 months FCF margin is 16%. |
| What is the current EV/FCF multiple of Perpetual? | Current FCF multiple of Perpetual is 11.3x. |
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