Perpetual Equity Investment Company Ltd
Perpetual Equity Investment Company Limited invests and manages the portfolio of listed securities. The company was incorporated in 2014 and is headquartered in Sydney, Australia.
Perpetual Equity Investment Company Ltd (PIC) - Net Assets
Latest net assets as of December 2025: AU$483.88 Million AUD
Based on the latest financial reports, Perpetual Equity Investment Company Ltd (PIC) has net assets worth AU$483.88 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$507.58 Million) and total liabilities (AU$23.70 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$483.88 Million |
| % of Total Assets | 95.33% |
| Annual Growth Rate | 6.69% |
| 5-Year Change | -1.43% |
| 10-Year Change | 86.72% |
| Growth Volatility | 13.62 |
Perpetual Equity Investment Company Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Perpetual Equity Investment Company 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 Perpetual Equity Investment Company Ltd (2015–2025)
The table below shows the annual net assets of Perpetual Equity Investment Company Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$477.54 Million | -1.24% |
| 2024-06-30 | AU$483.55 Million | +0.20% |
| 2023-06-30 | AU$482.56 Million | +7.34% |
| 2022-06-30 | AU$449.55 Million | -7.21% |
| 2021-06-30 | AU$484.49 Million | +33.17% |
| 2020-06-30 | AU$363.82 Million | -5.56% |
| 2019-06-30 | AU$385.23 Million | +32.84% |
| 2018-06-30 | AU$289.99 Million | +4.33% |
| 2017-06-30 | AU$277.96 Million | +8.68% |
| 2016-06-30 | AU$255.76 Million | +2.37% |
| 2015-06-30 | AU$249.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Perpetual Equity Investment Company 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 decreased by 196.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$397.99 Million | 83.34% |
| Other Comprehensive Income | AU$83.11 Million | 17.40% |
| Total Equity | AU$477.54 Million | 100.00% |
Perpetual Equity Investment Company Ltd Competitors by Market Cap
The table below lists competitors of Perpetual Equity Investment Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Resources Medical Holdings Company Limited
F:1PH
|
$264.86 Million |
|
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
|
$264.87 Million |
|
Jinhong Fashion Group Co Ltd
SHG:603518
|
$264.90 Million |
|
Ercros
MC:ECR
|
$264.99 Million |
|
Orange Belgium SA
BR:OBEL
|
$264.79 Million |
|
CAPITAL BANCORP. DL-01
F:316
|
$264.76 Million |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
$264.73 Million |
|
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A
SHG:603173
|
$264.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perpetual Equity Investment Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 483,550,000 to 477,541,000, a change of -6,009,000 (-1.2%).
- Net income of 21,721,000 contributed positively to equity growth.
- Dividend payments of 27,730,000 reduced retained earnings.
- Other comprehensive income decreased equity by 14,604,000.
- Other factors increased equity by 14,604,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$21.72 Million | +4.55% |
| Dividends Paid | AU$27.73 Million | -5.81% |
| Other Comprehensive Income | AU$-14.60 Million | -3.06% |
| Other Changes | AU$14.60 Million | +3.06% |
| Total Change | AU$- | -1.24% |
Book Value vs Market Value Analysis
This analysis compares Perpetual Equity Investment Company 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: 0.95x
- 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 1.19x to 0.95x 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$1.00 | AU$1.19 | x |
| 2016-06-30 | AU$0.68 | AU$1.19 | x |
| 2017-06-30 | AU$0.74 | AU$1.19 | x |
| 2018-06-30 | AU$0.78 | AU$1.19 | x |
| 2019-06-30 | AU$1.03 | AU$1.19 | x |
| 2020-06-30 | AU$0.97 | AU$1.19 | x |
| 2021-06-30 | AU$1.30 | AU$1.19 | x |
| 2022-06-30 | AU$1.20 | AU$1.19 | x |
| 2023-06-30 | AU$1.28 | AU$1.19 | x |
| 2024-06-30 | AU$1.27 | AU$1.19 | x |
| 2025-06-30 | AU$1.25 | AU$1.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perpetual Equity Investment Company Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 70.52%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.05x
- Recent ROE (4.55%) is below the historical average (6.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.77% | 48.27% | 0.04x | 1.01x | AU$-20.56 Million |
| 2016 | 2.98% | 65.68% | 0.04x | 1.02x | AU$-17.96 Million |
| 2017 | 11.45% | 68.11% | 0.16x | 1.05x | AU$4.02 Million |
| 2018 | 8.56% | 69.71% | 0.12x | 1.02x | AU$-4.17 Million |
| 2019 | 3.95% | 74.10% | 0.05x | 1.03x | AU$-23.30 Million |
| 2020 | -0.12% | -93.13% | 0.00x | 1.01x | AU$-36.82 Million |
| 2021 | 22.37% | 245.18% | 0.08x | 1.10x | AU$59.91 Million |
| 2022 | -3.98% | -15.79% | 0.25x | 1.02x | AU$-62.86 Million |
| 2023 | 11.40% | 271.69% | 0.04x | 1.02x | AU$6.75 Million |
| 2024 | 5.91% | 65.51% | 0.09x | 1.04x | AU$-19.80 Million |
| 2025 | 4.55% | 70.52% | 0.06x | 1.05x | AU$-26.03 Million |
Industry Comparison
This section compares Perpetual Equity Investment Company Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perpetual Equity Investment Company Ltd (PIC) | AU$483.88 Million | 1.77% | 0.05x | $264.79 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |