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PerentiASX:PRN +0.94%71 3-1 Month Momentum % is 9.05% as of Jul. 21, 2026. GuruFocus rates ASX:PRN with a GF Score™ of 71/100 and a GF Value™ of A$1.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,526 Metals & Mining companies, Perenti ranks better than 80.44% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-21), Perenti's 3-1 Month Momentum % is 9.05%.
The industry rank for Perenti's 3-1 Month Momentum % or its related term are showing as below:
ASX:PRN's 3-1 Month Momentum % is ranked better than 80.44% of 2526
companies
in the Metals & Mining industry
Industry Median: -12.5
vs ASX:PRN: 9.05
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
For the Other Industrial Metals & Mining subindustry, Perenti's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Perenti 3-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Perenti's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Perenti's 3-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Perenti (ASX:PRN) has a 3-1 Month Momentum % of 9.05% as of Jul. 21, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Perenti and its competitors. According to the industry distribution chart, Perenti ranks #494 out of 2526 companies in the Metals & Mining industry, placing it in the top 19.6%.
Is Perenti's 3-1 Month Momentum % too high?
Perenti's current 3-1 Month Momentum % is 9.05%. Based on the distribution chart, Perenti ranks #494 out of 2526 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Perenti has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perenti's 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Perenti ranks #494 out of 2526 companies for 3-1 Month Momentum %. This places Perenti in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Perenti and its competitors. Perenti's current 3-1 Month Momentum % is 9.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perenti stock overvalued right now?
Based on GuruFocus' analysis, Perenti (ASX:PRN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.17, compared to a current price of A$2.14 — trading 82.9% above its estimated fair value. The current 3-1 Month Momentum % is 9.05%. Perenti's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Perenti (ASX:PRN), the current 3-1 Month Momentum % is 9.05% as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Perenti (ASX:PRN) Overvalued in 2026?
Based on GuruFocus' analysis, Perenti stock appears to be overvalued.
The current stock price of A$2.14 is trading 82.9% above its estimated GF Value™ of A$1.17.
GuruFocus considers Perenti to be Significantly Overvalued.
Key valuation signals for ASX:PRN:
3-1 Month Momentum %: 9.05%
GF Value™: A$1.17 vs. price of A$2.14 (82.9% above fair value)
No single metric tells the full story. See the ASX:PRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perenti Ltd is an exploration and production drilling company offering various mining services. It provides underground hard-rock and surface mining services, drilling services, and other services to the mining industry, including equipment rental and parts manufacturing, logistics and supply chain solutions, and technology and consulting solutions. The group's reportable segments are: Contract Mining, Drilling Services, Mining and Technology Services, and Corporate. The majority of its revenue is generated from the Contract Mining segment, which provides Underground and Surface contract mining and technical services in Australia, Africa, and North America. Geographically, it generates maximum revenue from Australia.
71GF Score
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