Pengana Capital Group Ltd (PCG) - Net Assets

Latest as of June 2025: AU$165.47 Million AUD ≈ $117.08 Million USD

Based on the latest financial reports, Pengana Capital Group Ltd (PCG) has net assets worth AU$165.47 Million AUD (≈ $117.08 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$169.40 Million ≈ $119.86 Million USD) and total liabilities (AU$3.93 Million ≈ $2.78 Million USD). 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. Check how resilient are Pengana Capital Group Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$165.47 Million
% of Total Assets	97.68%
Annual Growth Rate	16.02%
5-Year Change	87.84%
10-Year Change	204.55%
Growth Volatility	40.31

Pengana Capital Group Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Pengana Capital Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Pengana Capital Group Ltd for the complete picture of this company's asset base.

Annual Net Assets for Pengana Capital Group Ltd (2000–2025)

The table below shows the annual net assets of Pengana Capital Group Ltd from 2000 to 2025. For live valuation and market cap data, see PCG stock market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$165.47 Million ≈ $117.08 Million	+125.97%
2024-06-30	AU$73.23 Million ≈ $51.81 Million	-5.77%
2023-06-30	AU$77.71 Million ≈ $54.99 Million	-11.06%
2022-06-30	AU$87.38 Million ≈ $61.83 Million	-0.81%
2021-06-30	AU$88.09 Million ≈ $62.33 Million	+4.27%
2020-06-30	AU$84.49 Million ≈ $59.78 Million	+5.03%
2019-06-30	AU$80.44 Million ≈ $56.92 Million	-10.35%
2018-06-30	AU$89.73 Million ≈ $63.49 Million	-0.43%
2017-06-30	AU$90.12 Million ≈ $63.76 Million	+65.86%
2016-06-30	AU$54.33 Million ≈ $38.44 Million	+106.25%
2015-06-30	AU$26.34 Million ≈ $18.64 Million	+38.01%
2014-06-30	AU$19.09 Million ≈ $13.51 Million	-0.89%
2013-06-30	AU$19.26 Million ≈ $13.63 Million	-4.62%
2012-06-30	AU$20.19 Million ≈ $14.29 Million	-44.61%
2011-06-30	AU$36.45 Million ≈ $25.79 Million	-22.41%
2010-06-30	AU$46.98 Million ≈ $33.24 Million	+27.08%
2009-06-30	AU$36.97 Million ≈ $26.16 Million	-21.16%
2008-06-30	AU$46.90 Million ≈ $33.18 Million	+21.69%
2007-06-30	AU$38.54 Million ≈ $27.27 Million	+54.30%
2006-06-30	AU$24.98 Million ≈ $17.67 Million	+71.30%
2005-06-30	AU$14.58 Million ≈ $10.32 Million	+25.81%
2004-06-30	AU$11.59 Million ≈ $8.20 Million	+43.68%
2003-06-30	AU$8.07 Million ≈ $5.71 Million	-4.30%
2002-06-30	AU$8.43 Million ≈ $5.96 Million	+64.27%
2001-06-30	AU$5.13 Million ≈ $3.63 Million	+27.28%
2000-06-30	AU$4.03 Million ≈ $2.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pengana Capital 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 202712600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$1.60 Million	0.97%
Common Stock	AU$163.87 Million	99.03%
Other Comprehensive Income	AU$11.05 Million	6.68%
Total Equity	AU$165.47 Million	100.00%

Pengana Capital Group Ltd Competitors by Market Cap

The table below lists competitors of Pengana Capital Group Ltd ranked by their market capitalization.

Company	Market Cap
City Service SE WAR:CTS	$50.89 Million
Signetics Corporation KQ:033170	$50.89 Million
Heerim Architects & Planners Co. Ltd KQ:037440	$50.90 Million
Upsales Technology AB ST:UPSALE	$50.92 Million
Boom Logistics Ltd AU:BOL	$50.84 Million
Westhaven Ventures Inc V:WHN	$50.84 Million
Cross Timbers Royalty Trust NYSE:CRT	$50.82 Million
Vinyl Chemicals (India) Limited NSE:VINYLINDIA	$50.81 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pengana Capital Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 73,228,000 to 165,472,000, a change of 92,244,000 (126.0%).
Net income of 13,227,000 contributed positively to equity growth.
Dividend payments of 4,192,000 reduced retained earnings.
Share repurchases of 1,685,000 reduced equity.
New share issuances of 8,835,000 increased equity.
Other comprehensive income increased equity by 1,887,000.
Other factors increased equity by 74,172,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$13.23 Million	+7.99%
Dividends Paid	AU$4.19 Million	-2.53%
Share Repurchases	AU$1.69 Million	-1.02%
Share Issuances	AU$8.84 Million	+5.34%
Other Comprehensive Income	AU$1.89 Million	+1.14%
Other Changes	AU$74.17 Million	+44.82%
Total Change	AU$-	125.97%

Book Value vs Market Value Analysis

This analysis compares Pengana Capital 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: 0.41x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 3.35x to 0.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-06-30	AU$0.22	AU$0.73	x
2001-06-30	AU$0.29	AU$0.73	x
2002-06-30	AU$0.35	AU$0.73	x
2003-06-30	AU$0.32	AU$0.73	x
2004-06-30	AU$0.48	AU$0.73	x
2005-06-30	AU$0.59	AU$0.73	x
2006-06-30	AU$0.81	AU$0.73	x
2007-06-30	AU$1.27	AU$0.73	x
2008-06-30	AU$1.37	AU$0.73	x
2009-06-30	AU$0.98	AU$0.73	x
2010-06-30	AU$1.01	AU$0.73	x
2011-06-30	AU$0.78	AU$0.73	x
2012-06-30	AU$0.55	AU$0.73	x
2013-06-30	AU$0.71	AU$0.73	x
2014-06-30	AU$0.71	AU$0.73	x
2015-06-30	AU$0.86	AU$0.73	x
2016-06-30	AU$1.06	AU$0.73	x
2017-06-30	AU$1.41	AU$0.73	x
2018-06-30	AU$0.99	AU$0.73	x
2019-06-30	AU$1.00	AU$0.73	x
2020-06-30	AU$0.98	AU$0.73	x
2021-06-30	AU$1.01	AU$0.73	x
2022-06-30	AU$0.97	AU$0.73	x
2023-06-30	AU$0.93	AU$0.73	x
2024-06-30	AU$0.88	AU$0.73	x
2025-06-30	AU$1.77	AU$0.73	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pengana Capital 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): 7.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 99.95%
• Asset Turnover: 0.08x
• Equity Multiplier: 1.02x
Recent ROE (7.99%) is below the historical average (28.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	25.70%	25.12%	0.80x	1.28x	AU$632.89K
2001	14.29%	21.38%	0.60x	1.12x	AU$219.91K
2002	48.47%	31.49%	1.20x	1.29x	AU$3.24 Million
2003	31.91%	166.17%	0.16x	1.21x	AU$1.77 Million
2004	75.86%	33.13%	1.81x	1.26x	AU$7.63 Million
2005	60.00%	197.90%	0.23x	1.29x	AU$7.29 Million
2006	63.31%	189.07%	0.17x	1.95x	AU$10.67 Million
2007	56.37%	33.40%	0.86x	1.96x	AU$15.01 Million
2008	51.24%	38.05%	0.73x	1.84x	AU$13.61 Million
2009	28.13%	22.18%	0.71x	1.78x	AU$4.80 Million
2010	42.67%	35.66%	0.57x	2.08x	AU$8.92 Million
2011	58.59%	39.14%	0.66x	2.26x	AU$10.23 Million
2012	36.12%	27.67%	0.94x	1.39x	AU$5.14 Million
2013	25.42%	23.74%	0.86x	1.24x	AU$2.92 Million
2014	19.75%	22.27%	0.72x	1.24x	AU$1.83 Million
2015	29.82%	43.13%	0.51x	1.37x	AU$4.63 Million
2016	36.16%	60.49%	0.28x	2.15x	AU$7.53 Million
2017	0.13%	0.33%	0.28x	1.48x	AU$-8.89 Million
2018	7.78%	13.60%	0.48x	1.19x	AU$-1.99 Million
2019	-17.78%	-32.48%	0.43x	1.26x	AU$-22.34 Million
2020	7.23%	13.25%	0.43x	1.26x	AU$-2.35 Million
2021	9.88%	12.27%	0.57x	1.41x	AU$-102.50K
2022	21.25%	24.53%	0.72x	1.21x	AU$9.87 Million
2023	-0.63%	-1.29%	0.42x	1.17x	AU$-8.26 Million
2024	-5.94%	-10.95%	0.43x	1.27x	AU$-11.67 Million
2025	7.99%	99.95%	0.08x	1.02x	AU$-3.32 Million

Industry Comparison

This section compares Pengana Capital Group Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $718,320,473
Average return on equity (ROE) among peers: -14.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pengana Capital Group Ltd (PCG)	AU$165.47 Million	25.70%	0.02x	$50.86 Million
Acorn Capital Investment Fund Ltd (ACQ)	$61.32 Million	3.33%	0.06x	$57.22 Million
Australian Ethical Investment Ltd (AEF)	$4.32 Million	8.17%	0.21x	$314.92 Million
Australian Foundation Investment Company Ltd (AFI)	$838.34 Million	5.86%	0.13x	$5.89 Billion
Alternative Investment Trust (AIQ)	$18.14 Million	8.58%	0.01x	$33.32 Million
Argo Global Listed Infrastructure Ltd (ALI)	$301.56 Million	5.39%	0.03x	$298.12 Million
Amcil Ltd (AMH)	$225.89 Million	3.40%	0.07x	$206.63 Million
Associate Global Partners Ltd (APL)	$7.55 Million	-115.52%	0.29x	$11.51 Million
Ariadne Australia Ltd (ARA)	$76.70 Million	6.78%	0.13x	$66.00 Million
ARC Funds Ltd (ARC)	$4.95 Million	-77.91%	0.59x	$3.65 Million
Argo Investments Ltd (ARG)	$5.64 Billion	3.08%	0.17x	$4.70 Billion

About Pengana Capital Group Ltd

AU:PCG Australia Asset Management

Market Cap

$50.86 Million

AU$71.88 Million AUD

Market Cap Rank

#21815 Global

#789 in Australia

Share Price

AU$0.73

Change (1 day)

-1.35%

52-Week Range

AU$0.66 - AU$0.88

All Time High

AU$3.12