What is the intrinsic value of PIA.AX?

As of 2025-07-04, the Intrinsic Value of Pengana International Equities Ltd (PIA.AX) is 2.27 AUD. This PIA.AX valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 1.22 AUD, the upside of Pengana International Equities Ltd is 86.10%.

The range of the Intrinsic Value is 1.96 - 2.71 AUD

Is PIA.AX undervalued or overvalued?

Based on its market price of 1.22 AUD and our intrinsic valuation, Pengana International Equities Ltd (PIA.AX) is undervalued by 86.10%.

	Range	Selected	Upside
a
DCF (Growth 5y)	1.96 - 2.71	2.27	86.1%
DCF (Growth 10y)	2.12 - 2.84	2.41	97.9%
DCF (EBITDA 5y)	1.29 - 1.81	1.33	8.7%
DCF (EBITDA 10y)	1.60 - 2.10	1.67	36.8%
Fair Value	5.02 - 5.02	5.02	311.64%
P/E	1.36 - 2.78	2.00	63.6%
EV/EBITDA	1.28 - 2.29	1.43	17.1%
EPV	0.38 - 0.45	0.41	-66.1%
DDM - Stable	1.20 - 2.25	1.72	41.1%
DDM - Multi	0.94 - 1.38	1.12	-8.3%