Added to YB: 2026-04-02
Pitch date: 2026-03-31
PPE.AX [bullish]
Peoplein Limited
+4.07%
current return
Author Info
No bio for this author
Company Info
Peoplein Limited, together with its subsidiaries, provides staffing, business, and operational services in Australia, New Zealand, and Singapore.
Market Cap
AUD 64.0M
Pitch Price
AUD 0.61
Price Target
1.70 (+181%)
Dividend
N/A
EV/EBITDA
3.71
P/E
-12.57
EV/Sales
0.09
Sector
Professional Services
Category
growth
PeopleIn ($PPE.AX): Positioned to Win Gold at Brisbane 2032
PPE.AX: Aus workforce solutions co, 50%+ rev from Queensland entering major infrastructure cycle (50k+ workers needed by FY29). Divested Techforce (22.6% IRR) & H&C (6.2x earnings); acquired Infrawork at 3.7x EBITDA for Brisbane 2032 Olympics ramp. 0.6x net debt/EBITDA (1.5x post-deal). Base: 30M EBITDA '29, 26M FCF = 170% upside at 8x. Risk: -22% if EBITDA drops 20%. 3yr IRR: -8% bear, 39% base.
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