Pro-Pac Packaging Ltd
Pro-Pac Packaging Limited, together with its subsidiaries, manufactures and distributes flexible and industrial packaging products in Australia and New Zealand. It operates through Flexibles and Specialty segments. The Flexibles segment manufactures flexible packaging materials products, such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films,… Read more
Pro-Pac Packaging Ltd (PPG) - Net Assets
Latest net assets as of December 2024: AU$45.59 Million AUD
Based on the latest financial reports, Pro-Pac Packaging Ltd (PPG) has net assets worth AU$45.59 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$208.18 Million) and total liabilities (AU$162.59 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$45.59 Million |
| % of Total Assets | 21.9% |
| Annual Growth Rate | 11.57% |
| 5-Year Change | -41.89% |
| 10-Year Change | -25.19% |
| Growth Volatility | 48.67 |
Pro-Pac Packaging Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Pro-Pac Packaging 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 Pro-Pac Packaging Ltd (2004–2024)
The table below shows the annual net assets of Pro-Pac Packaging Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$81.09 Million | -40.28% |
| 2023-06-30 | AU$135.78 Million | +16.35% |
| 2022-06-30 | AU$116.70 Million | -19.49% |
| 2021-06-30 | AU$144.95 Million | +3.87% |
| 2020-06-30 | AU$139.55 Million | +3.30% |
| 2019-06-30 | AU$135.09 Million | -38.62% |
| 2018-06-30 | AU$220.11 Million | +93.61% |
| 2017-06-30 | AU$113.68 Million | +2.08% |
| 2016-06-30 | AU$111.36 Million | +2.73% |
| 2015-06-30 | AU$108.40 Million | +3.07% |
| 2014-06-30 | AU$105.18 Million | +8.06% |
| 2013-06-30 | AU$97.33 Million | +0.98% |
| 2012-06-30 | AU$96.39 Million | +55.07% |
| 2011-06-30 | AU$62.16 Million | +7.44% |
| 2010-06-30 | AU$57.85 Million | +14.12% |
| 2009-06-30 | AU$50.69 Million | +3.34% |
| 2008-06-30 | AU$49.06 Million | +145.74% |
| 2007-06-30 | AU$19.96 Million | -2.14% |
| 2006-06-30 | AU$20.40 Million | +124.85% |
| 2004-06-30 | AU$9.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pro-Pac Packaging 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 18944.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$320.54 Million | 395.28% |
| Other Comprehensive Income | AU$1.39 Million | 1.71% |
| Total Equity | AU$81.09 Million | 100.00% |
Pro-Pac Packaging Ltd Competitors by Market Cap
The table below lists competitors of Pro-Pac Packaging Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Velcan Holdings SA
LU:VLCN
|
$163.81K |
|
Pembina Pipeline Corporation CUM PFD SER A 21
PINK:PMMBF
|
$163.88K |
|
Big Tree Cloud Holdings Limited Warrants
NASDAQ:DSYWW
|
$163.96K |
|
Brachium2 Capital Corp
V:BRCB-P
|
$164.20K |
|
UPDATE SOFTWARE
BE:UP2
|
$163.74K |
|
Wells Fargo & Co Non-Cum Perp Pfd Shs -A- Series -X-
NMFQS:WFCPX
|
$163.68K |
|
Fife Capital Corp
V:FFC-P
|
$163.55K |
|
Banca Popolare di Sondrio SpA
BE:593
|
$163.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pro-Pac Packaging Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 135,780,000 to 81,091,000, a change of -54,689,000 (-40.3%).
- Net loss of 53,764,000 reduced equity.
- Other comprehensive income decreased equity by 925,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-53.76 Million | -66.3% |
| Other Comprehensive Income | AU$-925.00K | -1.14% |
| Total Change | AU$- | -40.28% |
Book Value vs Market Value Analysis
This analysis compares Pro-Pac Packaging 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: 0.04x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$3.22 | AU$0.02 | x |
| 2007-06-30 | AU$3.29 | AU$0.02 | x |
| 2008-06-30 | AU$2.95 | AU$0.02 | x |
| 2009-06-30 | AU$2.74 | AU$0.02 | x |
| 2010-06-30 | AU$3.01 | AU$0.02 | x |
| 2011-06-30 | AU$2.96 | AU$0.02 | x |
| 2012-06-30 | AU$3.88 | AU$0.02 | x |
| 2013-06-30 | AU$4.61 | AU$0.02 | x |
| 2014-06-30 | AU$4.94 | AU$0.02 | x |
| 2015-06-30 | AU$4.75 | AU$0.02 | x |
| 2016-06-30 | AU$4.74 | AU$0.02 | x |
| 2017-06-30 | AU$4.67 | AU$0.02 | x |
| 2018-06-30 | AU$4.92 | AU$0.02 | x |
| 2019-06-30 | AU$1.24 | AU$0.02 | x |
| 2020-06-30 | AU$1.22 | AU$0.02 | x |
| 2021-06-30 | AU$1.27 | AU$0.02 | x |
| 2022-06-30 | AU$1.02 | AU$0.02 | x |
| 2023-06-30 | AU$0.75 | AU$0.02 | x |
| 2024-06-30 | AU$0.45 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pro-Pac Packaging 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): -66.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.21%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 2.93x
- Recent ROE (-66.30%) is below the historical average (-6.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.04% | 5.38% | 1.46x | 1.54x | AU$168.00K |
| 2006 | 5.21% | 4.41% | 0.90x | 1.32x | AU$-977.83K |
| 2007 | 6.14% | 4.69% | 0.96x | 1.36x | AU$-770.57K |
| 2008 | 3.69% | 2.52% | 1.03x | 1.41x | AU$-3.10 Million |
| 2009 | 4.46% | 3.06% | 1.01x | 1.45x | AU$-2.81 Million |
| 2010 | 8.78% | 5.58% | 1.03x | 1.52x | AU$-708.40K |
| 2011 | 8.12% | 4.38% | 1.18x | 1.57x | AU$-1.17 Million |
| 2012 | 5.98% | 4.34% | 1.08x | 1.28x | AU$-3.87 Million |
| 2013 | 5.30% | 2.98% | 1.14x | 1.56x | AU$-4.58 Million |
| 2014 | 5.83% | 2.80% | 1.32x | 1.57x | AU$-4.39 Million |
| 2015 | 5.39% | 2.40% | 1.42x | 1.58x | AU$-5.00 Million |
| 2016 | 6.23% | 2.88% | 1.35x | 1.60x | AU$-4.20 Million |
| 2017 | 4.41% | 2.19% | 1.27x | 1.58x | AU$-6.35 Million |
| 2018 | -2.33% | -1.38% | 0.87x | 1.94x | AU$-27.14 Million |
| 2019 | -112.02% | -31.15% | 1.44x | 2.50x | AU$-164.84 Million |
| 2020 | 4.76% | 1.39% | 1.24x | 2.76x | AU$-7.31 Million |
| 2021 | 5.41% | 2.11% | 0.96x | 2.68x | AU$-6.66 Million |
| 2022 | -34.22% | -11.13% | 1.14x | 2.71x | AU$-51.60 Million |
| 2023 | -7.49% | -3.00% | 1.17x | 2.13x | AU$-23.75 Million |
| 2024 | -66.30% | -18.21% | 1.24x | 2.93x | AU$-61.87 Million |
Industry Comparison
This section compares Pro-Pac Packaging Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $3,259,762,409
- Average return on equity (ROE) among peers: -7.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pro-Pac Packaging Ltd (PPG) | AU$45.59 Million | 12.04% | 3.57x | $163.80K |
| Cdi 1:1 Foreign Exempt Nyse Deferred Settlement (AMCDD) | $11.73 Billion | 4.36% | 2.16x | $16.28 Billion |
| Orora Ltd (ORA) | $1.30 Billion | -4.52% | 1.14x | $1.53 Billion |
| Papyrus Australia Ltd (PPY) | $2.87 Million | -29.85% | 0.23x | $1.85 Million |
| Secos Group Ltd (SES) | $8.18 Million | 0.64% | 0.10x | $3.61 Million |