Pacific Current Group Ltd
Pacific Current Group Limited engages in multi-boutique asset management business worldwide. It manages assets for institutional and individual clients. The company was formerly known as Treasury Group Ltd and changed its name to Pacific Current Group Limited in October 2015. Pacific Current Group Limited is based in Melbourne, Australia.
Pacific Current Group Ltd (PAC) - Net Assets
Latest net assets as of June 2025: AU$444.66 Million AUD
Based on the latest financial reports, Pacific Current Group Ltd (PAC) has net assets worth AU$444.66 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$523.42 Million) and total liabilities (AU$78.76 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$444.66 Million |
| % of Total Assets | 84.95% |
| Annual Growth Rate | 16.68% |
| 5-Year Change | 10.39% |
| 10-Year Change | 137.24% |
| Growth Volatility | 67.99 |
Pacific Current Group Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Pacific Current Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pacific Current Group Ltd (1989–2025)
The table below shows the annual net assets of Pacific Current Group Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$444.66 Million | -25.77% |
| 2024-06-30 | AU$599.06 Million | +17.41% |
| 2023-06-30 | AU$510.23 Million | -3.13% |
| 2022-06-30 | AU$526.73 Million | +30.76% |
| 2021-06-30 | AU$402.81 Million | +0.06% |
| 2020-06-30 | AU$402.56 Million | +4.96% |
| 2019-06-30 | AU$383.53 Million | +14.00% |
| 2018-06-30 | AU$336.42 Million | +62.32% |
| 2017-06-30 | AU$207.26 Million | +10.58% |
| 2016-06-30 | AU$187.43 Million | -20.85% |
| 2015-06-30 | AU$236.81 Million | +271.32% |
| 2014-06-30 | AU$63.77 Million | +4.42% |
| 2013-06-30 | AU$61.08 Million | +5.46% |
| 2012-06-30 | AU$57.92 Million | -2.14% |
| 2011-06-30 | AU$59.19 Million | +5.45% |
| 2010-06-30 | AU$56.13 Million | +12.04% |
| 2009-06-30 | AU$50.10 Million | -21.79% |
| 2008-06-30 | AU$64.05 Million | +17.62% |
| 2007-06-30 | AU$54.45 Million | +16.43% |
| 2006-06-30 | AU$46.77 Million | +35.29% |
| 2005-06-30 | AU$34.57 Million | +54.46% |
| 2004-06-30 | AU$22.38 Million | +74.67% |
| 2003-06-30 | AU$12.81 Million | +51.90% |
| 2002-06-30 | AU$8.44 Million | +299.70% |
| 2001-06-30 | AU$2.11 Million | +1.19% |
| 2000-06-30 | AU$2.09 Million | +20.85% |
| 1999-06-30 | AU$1.73 Million | +2.48% |
| 1998-06-30 | AU$1.68 Million | -21.36% |
| 1997-06-30 | AU$2.14 Million | -18.51% |
| 1996-06-30 | AU$2.63 Million | -13.77% |
| 1995-06-30 | AU$3.05 Million | +3.46% |
| 1994-06-30 | AU$2.95 Million | +13.39% |
| 1993-06-30 | AU$2.60 Million | +80.17% |
| 1992-06-30 | AU$1.44 Million | -11.04% |
| 1991-06-30 | AU$1.62 Million | -17.63% |
| 1990-06-30 | AU$1.97 Million | +14.35% |
| 1989-06-30 | AU$1.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pacific Current Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24283900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$242.45 Million | 54.52% |
| Common Stock | AU$113.65 Million | 25.56% |
| Other Comprehensive Income | AU$88.56 Million | 19.92% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$444.66 Million | 100.00% |
Pacific Current Group Ltd Competitors by Market Cap
The table below lists competitors of Pacific Current Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEACOR Marine Holdings Inc
NYSE:SMHI
|
$157.07 Million |
|
Analog Integrations Corporation
TWO:6291
|
$157.14 Million |
|
YoungPoong
KO:000670
|
$157.17 Million |
|
Aurelia Metals Limited
PINK:AUMTF
|
$157.18 Million |
|
Kalekim Kimyevi Maddeler Sanayi & Ticaret AS
IS:KLKIM
|
$157.00 Million |
|
PAM Mineral Tbk PT
JK:NICL
|
$156.97 Million |
|
Oriental Kopi Holdings Berhad
KLSE:0338
|
$156.96 Million |
|
Formosan Union Chemical Corp
TW:1709
|
$156.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Current Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 599,059,000 to 444,658,000, a change of -154,401,000 (-25.8%).
- Net income of 58,160,000 contributed positively to equity growth.
- Dividend payments of 19,835,000 reduced retained earnings.
- Share repurchases of 264,523,000 reduced equity.
- Other comprehensive income increased equity by 6,754,999.
- Other factors increased equity by 65,042,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$58.16 Million | +13.08% |
| Dividends Paid | AU$19.84 Million | -4.46% |
| Share Repurchases | AU$264.52 Million | -59.49% |
| Other Comprehensive Income | AU$6.75 Million | +1.52% |
| Other Changes | AU$65.04 Million | +14.63% |
| Total Change | AU$- | -25.77% |
Book Value vs Market Value Analysis
This analysis compares Pacific Current Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 278.49x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.04 | AU$10.06 | x |
| 1990-06-30 | AU$0.04 | AU$10.06 | x |
| 1991-06-30 | AU$0.03 | AU$10.06 | x |
| 1992-06-30 | AU$0.03 | AU$10.06 | x |
| 1993-06-30 | AU$0.05 | AU$10.06 | x |
| 1994-06-30 | AU$0.06 | AU$10.06 | x |
| 1995-06-30 | AU$0.06 | AU$10.06 | x |
| 1996-06-30 | AU$0.06 | AU$10.06 | x |
| 1997-06-30 | AU$0.04 | AU$10.06 | x |
| 1998-06-30 | AU$0.04 | AU$10.06 | x |
| 1999-06-30 | AU$0.04 | AU$10.06 | x |
| 2000-06-30 | AU$0.04 | AU$10.06 | x |
| 2001-06-30 | AU$0.04 | AU$10.06 | x |
| 2002-06-30 | AU$0.15 | AU$10.06 | x |
| 2003-06-30 | AU$0.21 | AU$10.06 | x |
| 2004-06-30 | AU$0.37 | AU$10.06 | x |
| 2005-06-30 | AU$0.66 | AU$10.06 | x |
| 2006-06-30 | AU$0.82 | AU$10.06 | x |
| 2007-06-30 | AU$1.03 | AU$10.06 | x |
| 2008-06-30 | AU$1.13 | AU$10.06 | x |
| 2009-06-30 | AU$1.05 | AU$10.06 | x |
| 2010-06-30 | AU$1.18 | AU$10.06 | x |
| 2011-06-30 | AU$1.24 | AU$10.06 | x |
| 2012-06-30 | AU$1.22 | AU$10.06 | x |
| 2013-06-30 | AU$1.28 | AU$10.06 | x |
| 2014-06-30 | AU$1.34 | AU$10.06 | x |
| 2015-06-30 | AU$4.97 | AU$10.06 | x |
| 2016-06-30 | AU$3.93 | AU$10.06 | x |
| 2017-06-30 | AU$6.64 | AU$10.06 | x |
| 2018-06-30 | AU$7.05 | AU$10.06 | x |
| 2019-06-30 | AU$8.04 | AU$10.06 | x |
| 2020-06-30 | AU$8.24 | AU$10.06 | x |
| 2021-06-30 | AU$8.45 | AU$10.06 | x |
| 2022-06-30 | AU$11.02 | AU$10.06 | x |
| 2023-06-30 | AU$10.69 | AU$10.06 | x |
| 2024-06-30 | AU$11.61 | AU$10.06 | x |
| 2025-06-30 | AU$9.52 | AU$10.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Current Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.39%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.18x
- Recent ROE (13.08%) is above the historical average (3.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 0.06% | 0.00% | 0.00x | 1.28x | AU$-171.10K |
| 1991 | -12.46% | 0.00% | -0.02x | 1.74x | AU$-364.10K |
| 1993 | -7.78% | 0.00% | -0.02x | 1.42x | AU$-461.80K |
| 1995 | 0.10% | 0.11% | 0.82x | 1.12x | AU$-301.80K |
| 1997 | -22.69% | 0.00% | 0.00x | 1.26x | AU$-700.16K |
| 1998 | -27.13% | 0.00% | 0.00x | 1.20x | AU$-625.43K |
| 1999 | 5.04% | 0.00% | 0.00x | 1.32x | AU$-85.60K |
| 2000 | 21.57% | 0.00% | -0.01x | 1.07x | AU$241.42K |
| 2001 | 5.45% | 41.59% | 0.13x | 1.03x | AU$-96.06K |
| 2002 | -6.30% | -7.77% | 0.57x | 1.42x | AU$-1.17 Million |
| 2003 | -21.69% | -19.72% | 0.61x | 1.82x | AU$-3.12 Million |
| 2004 | -39.44% | -22.98% | 0.95x | 1.81x | AU$-8.77 Million |
| 2005 | -35.91% | -24.25% | 0.92x | 1.61x | AU$-14.35 Million |
| 2006 | 36.71% | 28.21% | 0.87x | 1.50x | AU$10.48 Million |
| 2007 | 36.76% | 30.47% | 0.81x | 1.50x | AU$13.11 Million |
| 2008 | 32.06% | 28.06% | 0.76x | 1.51x | AU$11.87 Million |
| 2009 | 9.91% | 83.29% | 0.11x | 1.09x | AU$-44.31K |
| 2010 | 20.80% | 239.90% | 0.08x | 1.13x | AU$6.06 Million |
| 2011 | 16.90% | 268.59% | 0.06x | 1.07x | AU$4.09 Million |
| 2012 | 11.66% | 228.19% | 0.05x | 1.07x | AU$960.61K |
| 2013 | 17.02% | 324.72% | 0.05x | 1.11x | AU$4.28 Million |
| 2014 | 20.48% | 406.92% | 0.04x | 1.13x | AU$6.68 Million |
| 2015 | 58.58% | 2824.17% | 0.02x | 1.27x | AU$115.04 Million |
| 2016 | -25.74% | -860.97% | 0.02x | 1.20x | AU$-66.98 Million |
| 2017 | -24.89% | -113.08% | 0.15x | 1.45x | AU$-72.29 Million |
| 2018 | 27.58% | 62.86% | 0.38x | 1.15x | AU$59.04 Million |
| 2019 | 9.82% | 27.81% | 0.31x | 1.13x | AU$-687.00K |
| 2020 | -4.36% | -28.45% | 0.14x | 1.10x | AU$-57.71 Million |
| 2021 | 4.33% | 39.10% | 0.10x | 1.15x | AU$-22.82 Million |
| 2022 | -6.72% | -80.98% | 0.07x | 1.16x | AU$-87.75 Million |
| 2023 | -3.10% | -35.48% | 0.07x | 1.20x | AU$-66.74 Million |
| 2024 | 18.38% | 105.12% | 0.14x | 1.22x | AU$50.18 Million |
| 2025 | 13.08% | 45.39% | 0.24x | 1.18x | AU$13.69 Million |
Industry Comparison
This section compares Pacific Current Group Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $259,640,652
- Average return on equity (ROE) among peers: 11.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Current Group Ltd (PAC) | AU$444.66 Million | 0.06% | 0.18x | $157.06 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $94.37 Million | 1.87% | 0.01x | $5.47K |
| Australian Ethical Investment Ltd (AEF) | $13.24 Million | 24.06% | 0.35x | $239.63 Million |
| Australian Foundation Investment Company Ltd (AFI) | $943.61 Million | 6.18% | 0.12x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $47.85 Million | -0.38% | 0.00x | $8.66K |
| Argo Global Listed Infrastructure Ltd (ALI) | $301.56 Million | 5.39% | 0.03x | $14.60K |
| Amcil Ltd (AMH) | $41.43 Million | -1.76% | 0.00x | $137.81 Million |
| Associate Global Partners Ltd (APL) | $11.51 Million | 30.07% | 0.12x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $5.82 Million | 144.29% | 5.44x | $17.16 Million |
| ARC Funds Ltd (ARC) | $1.32 Million | -101.26% | 0.11x | $1.18 Million |
| Australian United Investment Company Ltd (AUI) | $1.14 Billion | 4.96% | 0.26x | $386.05 Million |