Propel Funeral Partners Ltd (PFP) - Net Assets
Based on the latest financial reports, Propel Funeral Partners Ltd (PFP) has net assets worth AU$355.07 Million AUD (≈ $251.23 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$655.12 Million ≈ $463.54 Million USD) and total liabilities (AU$300.05 Million ≈ $212.31 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 PFP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$355.07 Million |
| % of Total Assets | 54.2% |
| Annual Growth Rate | 52.37% |
| 5-Year Change | 89.97% |
| 10-Year Change | 731.81% |
| Growth Volatility | 492.14 |
Propel Funeral Partners Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Propel Funeral Partners Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Propel Funeral Partners Ltd for the complete picture of this company's asset base.
Annual Net Assets for Propel Funeral Partners Ltd (2014–2025)
The table below shows the annual net assets of Propel Funeral Partners Ltd from 2014 to 2025. For live valuation and market cap data, see PFP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$355.07 Million ≈ $251.23 Million |
+0.95% |
| 2024-06-30 | AU$351.73 Million ≈ $248.87 Million |
+38.84% |
| 2023-06-30 | AU$253.33 Million ≈ $179.25 Million |
+1.84% |
| 2022-06-30 | AU$248.76 Million ≈ $176.02 Million |
+33.09% |
| 2021-06-30 | AU$186.91 Million ≈ $132.25 Million |
+2.73% |
| 2020-06-30 | AU$181.94 Million ≈ $128.73 Million |
-0.29% |
| 2019-06-30 | AU$182.48 Million ≈ $129.11 Million |
+1.46% |
| 2018-06-30 | AU$179.85 Million ≈ $127.25 Million |
+284.11% |
| 2017-06-30 | AU$46.82 Million ≈ $33.13 Million |
+9.69% |
| 2016-06-30 | AU$42.69 Million ≈ $30.20 Million |
+1722.34% |
| 2015-06-30 | AU$2.34 Million ≈ $1.66 Million |
-32.19% |
| 2014-06-30 | AU$3.45 Million ≈ $2.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Propel Funeral Partners 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 60555600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$380.84 Million | 107.26% |
| Other Comprehensive Income | AU$652.00K | 0.18% |
| Total Equity | AU$355.07 Million | 100.00% |
Propel Funeral Partners Ltd Competitors by Market Cap
The table below lists competitors of Propel Funeral Partners Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Padini Holdings Bhd
KLSE:7052
|
$364.22 Million |
|
ITAB Shop Concept AB ser. B
ST:ITAB
|
$364.28 Million |
|
Hellenic Exchanges - Athens Stock Exchange SA
AT:EXAE
|
$364.46 Million |
|
Vox Royalty Corp. Common Stock
NASDAQ:VOXR
|
$364.56 Million |
|
Ha Do Group JSC
VN:HDG
|
$364.06 Million |
|
HL Corp Shenzhen
SHE:002105
|
$363.89 Million |
|
XinJiang GuoTong Pipeline Co Ltd
SHE:002205
|
$363.87 Million |
|
Magnera Corp placeholder
NYSE:MAGN
|
$363.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Propel Funeral Partners Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 351,734,000 to 355,069,000, a change of 3,335,000 (0.9%).
- Net income of 20,399,000 contributed positively to equity growth.
- Dividend payments of 20,142,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,670,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$20.40 Million | +5.75% |
| Dividends Paid | AU$20.14 Million | -5.67% |
| Other Comprehensive Income | AU$2.67 Million | +0.75% |
| Other Changes | AU$408.00K | +0.11% |
| Total Change | AU$- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares Propel Funeral Partners 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: 1.45x
- 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 170.49x to 1.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | AU$0.02 | AU$3.73 | x |
| 2016-06-30 | AU$0.43 | AU$3.73 | x |
| 2017-06-30 | AU$0.44 | AU$3.73 | x |
| 2018-06-30 | AU$1.68 | AU$3.73 | x |
| 2019-06-30 | AU$1.70 | AU$3.73 | x |
| 2020-06-30 | AU$1.70 | AU$3.73 | x |
| 2021-06-30 | AU$1.75 | AU$3.73 | x |
| 2022-06-30 | AU$2.21 | AU$3.73 | x |
| 2023-06-30 | AU$2.15 | AU$3.73 | x |
| 2024-06-30 | AU$2.80 | AU$3.73 | x |
| 2025-06-30 | AU$2.57 | AU$3.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Propel Funeral Partners Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.07%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.85x
- Recent ROE (5.75%) is above the historical average (1.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -87.75% | -1583.30% | 0.05x | 1.09x | AU$-3.38 Million |
| 2015 | 64.04% | 13.76% | 4.54x | 1.02x | AU$1.27 Million |
| 2016 | 6.79% | 12.95% | 0.22x | 2.36x | AU$-1.37 Million |
| 2017 | 7.23% | 7.39% | 0.27x | 3.66x | AU$-1.30 Million |
| 2018 | -7.93% | -17.65% | 0.33x | 1.38x | AU$-32.25 Million |
| 2019 | 6.76% | 12.97% | 0.35x | 1.49x | AU$-5.91 Million |
| 2020 | 5.84% | 9.60% | 0.27x | 2.24x | AU$-7.57 Million |
| 2021 | 7.73% | 12.01% | 0.31x | 2.07x | AU$-4.25 Million |
| 2022 | -0.13% | -0.22% | 0.34x | 1.72x | AU$-25.19 Million |
| 2023 | 7.50% | 11.31% | 0.31x | 2.13x | AU$-6.32 Million |
| 2024 | 5.06% | 8.51% | 0.34x | 1.78x | AU$-17.36 Million |
| 2025 | 5.75% | 9.07% | 0.34x | 1.85x | AU$-15.11 Million |
Industry Comparison
This section compares Propel Funeral Partners Ltd's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $75,987,398
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Propel Funeral Partners Ltd (PFP) | AU$355.07 Million | -87.75% | 0.85x | $364.14 Million |
| Af Legal Group Ltd (AFL) | $696.38K | -10.86% | 0.07x | $10.50 Million |
| Apiam Animal Health Ltd (AHX) | $193.00 Million | 7.51% | 0.98x | $116.33 Million |
| Mayfield Childcare Ltd (MFD) | $69.78 Million | 6.99% | 2.14x | $17.34 Million |
| Mad Paws Holdings Ltd (MPA) | $21.43 Million | -49.04% | 0.53x | $43.51 Million |
| Shine Justice Ltd (SHJ) | $95.03 Million | 0.00% | 0.78x | $89.89 Million |
About Propel Funeral Partners Ltd
Propel Funeral Partners Limited provides death care services in Australia and New Zealand. The company is involved in the collection and transfer of the deceased; provision of mortuary services; and arrangement and conducting a funeral, cremation, burial, and memorialization activities. The company also owns and operates funeral homes, cremation facilities, cemeteries, and related infrastructure.… Read more