Pro-Pac Packaging Ltd (PPG) - Net Assets
Based on the latest financial reports, Pro-Pac Packaging Ltd (PPG) has net assets worth AU$45.59 Million AUD (≈ $32.26 Million USD) 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 ≈ $147.30 Million USD) and total liabilities (AU$162.59 Million ≈ $115.04 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 financial resilience of Pro-Pac Packaging Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Pro-Pac Packaging Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Pro-Pac Packaging Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$81.09 Million ≈ $57.38 Million |
-40.28% |
| 2023-06-30 | AU$135.78 Million ≈ $96.07 Million |
+16.35% |
| 2022-06-30 | AU$116.70 Million ≈ $82.57 Million |
-19.49% |
| 2021-06-30 | AU$144.95 Million ≈ $102.56 Million |
+3.87% |
| 2020-06-30 | AU$139.55 Million ≈ $98.74 Million |
+3.30% |
| 2019-06-30 | AU$135.09 Million ≈ $95.59 Million |
-38.62% |
| 2018-06-30 | AU$220.11 Million ≈ $155.74 Million |
+93.61% |
| 2017-06-30 | AU$113.68 Million ≈ $80.44 Million |
+2.08% |
| 2016-06-30 | AU$111.36 Million ≈ $78.80 Million |
+2.73% |
| 2015-06-30 | AU$108.40 Million ≈ $76.70 Million |
+3.07% |
| 2014-06-30 | AU$105.18 Million ≈ $74.42 Million |
+8.06% |
| 2013-06-30 | AU$97.33 Million ≈ $68.87 Million |
+0.98% |
| 2012-06-30 | AU$96.39 Million ≈ $68.20 Million |
+55.07% |
| 2011-06-30 | AU$62.16 Million ≈ $43.98 Million |
+7.44% |
| 2010-06-30 | AU$57.85 Million ≈ $40.94 Million |
+14.12% |
| 2009-06-30 | AU$50.69 Million ≈ $35.87 Million |
+3.34% |
| 2008-06-30 | AU$49.06 Million ≈ $34.71 Million |
+145.74% |
| 2007-06-30 | AU$19.96 Million ≈ $14.13 Million |
-2.14% |
| 2006-06-30 | AU$20.40 Million ≈ $14.43 Million |
+124.85% |
| 2004-06-30 | AU$9.07 Million ≈ $6.42 Million |
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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 |
|---|---|
|
SANCUS LENDING GROUP LTD.
F:97F
|
$2.32 Million |
|
Hansa Trust
LSE:HAN
|
$2.32 Million |
|
Orion Equities Ltd
AU:OEQ
|
$2.33 Million |
|
RanLOS AB Series B
ST:RLOS-B
|
$2.33 Million |
|
Femto Technologies Inc.
NASDAQ:FMTO
|
$2.31 Million |
|
NT Minerals Ltd
AU:NTM
|
$2.31 Million |
|
Tri Banyan Tirta Tbk
JK:ALTO
|
$2.31 Million |
|
Panther Metals Ltd
AU:PNT
|
$2.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pro-Pac Packaging Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 135,780,000 to 81,091,000, a change of -54,689,000 (-40.3%).
- Net loss of 53,764,000 reduced equity.
- Other comprehensive income decreased equity by 925,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: $1,248,968,870
- Average return on equity (ROE) among peers: 2.09%
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 | $2.31 Million |
| Amcor Plc (AMC) | $1.72 Billion | 11.55% | 0.89x | $17.06 Billion |
| Orora Ltd (ORA) | $2.90 Billion | 33.59% | 0.67x | $1.19 Billion |
| Pact Group Holdings Ltd (PGH) | $372.65 Million | 23.84% | 4.70x | $221.68 Million |
| Papyrus Australia Ltd (PPY) | $2.48 Million | -60.63% | 0.08x | $6.11 Million |
About 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