Perpetual Ltd
Perpetual Limited is a publicly owned investment manager. The firm offers a range of financial products and services in Australia. The company provides funds management, portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services, and mortgage processing services. It offers investment capabilities… Read more
Perpetual Ltd (PPT) - Net Assets
Latest net assets as of June 2025: AU$1.65 Billion AUD
Based on the latest financial reports, Perpetual Ltd (PPT) has net assets worth AU$1.65 Billion AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.42 Billion) and total liabilities (AU$1.77 Billion). 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$1.65 Billion |
| % of Total Assets | 48.18% |
| Annual Growth Rate | 7.59% |
| 5-Year Change | 81.52% |
| 10-Year Change | 171.93% |
| Growth Volatility | 30.61 |
Perpetual Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Perpetual 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 Ltd (1989–2025)
The table below shows the annual net assets of Perpetual Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.65 Billion | -5.43% |
| 2024-06-30 | AU$1.74 Billion | -26.60% |
| 2023-06-30 | AU$2.37 Billion | +156.21% |
| 2022-06-30 | AU$925.80 Million | +2.06% |
| 2021-06-30 | AU$907.10 Million | +38.63% |
| 2020-06-30 | AU$654.34 Million | -1.19% |
| 2019-06-30 | AU$662.24 Million | +0.17% |
| 2018-06-30 | AU$661.13 Million | +4.22% |
| 2017-06-30 | AU$634.38 Million | +4.77% |
| 2016-06-30 | AU$605.52 Million | +3.74% |
| 2015-06-30 | AU$583.69 Million | +4.91% |
| 2014-06-30 | AU$556.40 Million | +71.87% |
| 2013-06-30 | AU$323.74 Million | +15.43% |
| 2012-06-30 | AU$280.46 Million | -25.43% |
| 2011-06-30 | AU$376.10 Million | +4.18% |
| 2010-06-30 | AU$361.02 Million | +24.47% |
| 2009-06-30 | AU$290.04 Million | -7.75% |
| 2008-06-30 | AU$314.41 Million | -7.79% |
| 2007-06-30 | AU$340.96 Million | +3.01% |
| 2006-06-30 | AU$331.00 Million | -10.54% |
| 2005-06-30 | AU$370.00 Million | +17.33% |
| 2004-06-30 | AU$315.36 Million | +9.72% |
| 2003-06-30 | AU$287.43 Million | +12.01% |
| 2002-06-30 | AU$256.60 Million | +9.55% |
| 2001-06-30 | AU$234.24 Million | +1.81% |
| 2000-06-30 | AU$230.08 Million | +48.98% |
| 1999-06-30 | AU$154.44 Million | +30.01% |
| 1998-06-30 | AU$118.79 Million | +3.50% |
| 1997-06-30 | AU$114.78 Million | +6.38% |
| 1996-06-30 | AU$107.89 Million | +2.13% |
| 1995-06-30 | AU$105.64 Million | -1.64% |
| 1994-06-30 | AU$107.40 Million | -1.79% |
| 1993-06-30 | AU$109.36 Million | -3.11% |
| 1992-06-30 | AU$112.87 Million | -8.13% |
| 1991-06-30 | AU$122.86 Million | -1.82% |
| 1990-06-30 | AU$125.13 Million | +5.99% |
| 1989-06-30 | AU$118.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Perpetual 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 3352.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$2.22 Billion | 135.07% |
| Other Comprehensive Income | AU$223.10 Million | 13.55% |
| Total Equity | AU$1.65 Billion | 100.00% |
Perpetual Ltd Competitors by Market Cap
The table below lists competitors of Perpetual Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koh Young Technology Inc
KQ:098460
|
$1.03 Billion |
|
LINTEC CORP.
F:57T
|
$1.03 Billion |
|
Eyebright Medical Technology Beijing Co Ltd
SHG:688050
|
$1.03 Billion |
|
Integrated Cannabis Company Inc
PINK:CRPGF
|
$1.03 Billion |
|
Coastal Financial Corp
NASDAQ:CCB
|
$1.02 Billion |
|
China Sports Industry Group Co Ltd
SHG:600158
|
$1.02 Billion |
|
Galapagos NV
PINK:GLPGF
|
$1.02 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
$1.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perpetual Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,741,100,000 to 1,646,600,000, a change of -94,500,000 (-5.4%).
- Net loss of 58,200,000 reduced equity.
- Dividend payments of 126,700,000 reduced retained earnings.
- Share repurchases of 1,200,000 reduced equity.
- Other comprehensive income increased equity by 40,200,000.
- Other factors increased equity by 51,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-58.20 Million | -3.53% |
| Dividends Paid | AU$126.70 Million | -7.69% |
| Share Repurchases | AU$1.20 Million | -0.07% |
| Other Comprehensive Income | AU$40.20 Million | +2.44% |
| Other Changes | AU$51.40 Million | +3.12% |
| Total Change | AU$- | -5.43% |
Book Value vs Market Value Analysis
This analysis compares Perpetual 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: 1.09x
- 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 17.62x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.91 | AU$16.11 | x |
| 1990-06-30 | AU$0.97 | AU$16.11 | x |
| 1991-06-30 | AU$0.95 | AU$16.11 | x |
| 1992-06-30 | AU$0.87 | AU$16.11 | x |
| 1993-06-30 | AU$0.85 | AU$16.11 | x |
| 1994-06-30 | AU$0.83 | AU$16.11 | x |
| 1995-06-30 | AU$0.82 | AU$16.11 | x |
| 1996-06-30 | AU$0.84 | AU$16.11 | x |
| 1997-06-30 | AU$0.89 | AU$16.11 | x |
| 1998-06-30 | AU$0.92 | AU$16.11 | x |
| 1999-06-30 | AU$1.20 | AU$16.11 | x |
| 2000-06-30 | AU$1.54 | AU$16.11 | x |
| 2001-06-30 | AU$1.81 | AU$16.11 | x |
| 2002-06-30 | AU$1.99 | AU$16.11 | x |
| 2003-06-30 | AU$2.23 | AU$16.11 | x |
| 2004-06-30 | AU$2.44 | AU$16.11 | x |
| 2005-06-30 | AU$2.87 | AU$16.11 | x |
| 2006-06-30 | AU$2.56 | AU$16.11 | x |
| 2007-06-30 | AU$2.64 | AU$16.11 | x |
| 2008-06-30 | AU$2.43 | AU$16.11 | x |
| 2009-06-30 | AU$2.25 | AU$16.11 | x |
| 2010-06-30 | AU$2.78 | AU$16.11 | x |
| 2011-06-30 | AU$2.84 | AU$16.11 | x |
| 2012-06-30 | AU$2.08 | AU$16.11 | x |
| 2013-06-30 | AU$3.05 | AU$16.11 | x |
| 2014-06-30 | AU$4.70 | AU$16.11 | x |
| 2015-06-30 | AU$12.64 | AU$16.11 | x |
| 2016-06-30 | AU$13.04 | AU$16.11 | x |
| 2017-06-30 | AU$13.58 | AU$16.11 | x |
| 2018-06-30 | AU$14.12 | AU$16.11 | x |
| 2019-06-30 | AU$14.07 | AU$16.11 | x |
| 2020-06-30 | AU$13.79 | AU$16.11 | x |
| 2021-06-30 | AU$7.03 | AU$16.11 | x |
| 2022-06-30 | AU$7.17 | AU$16.11 | x |
| 2023-06-30 | AU$18.37 | AU$16.11 | x |
| 2024-06-30 | AU$15.52 | AU$16.11 | x |
| 2025-06-30 | AU$14.75 | AU$16.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perpetual Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -251.95%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.08x
- Recent ROE (-3.53%) is below the historical average (16.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -8.45% | 0.00% | 0.00x | 1.19x | AU$-21.78 Million |
| 1990 | -5.22% | 0.00% | 0.00x | 1.19x | AU$-19.04 Million |
| 1997 | 18.74% | 0.00% | 0.00x | 1.28x | AU$10.03 Million |
| 1998 | 21.12% | 0.00% | 0.00x | 1.33x | AU$13.21 Million |
| 1999 | -0.17% | 0.00% | 0.00x | 1.86x | AU$-15.71 Million |
| 2000 | -0.29% | -0.23% | 0.69x | 1.79x | AU$-20.42 Million |
| 2001 | 22.61% | 18.27% | 0.79x | 1.58x | AU$29.54 Million |
| 2002 | 29.46% | 32.08% | 0.55x | 1.68x | AU$49.92 Million |
| 2003 | 27.21% | 30.79% | 0.59x | 1.50x | AU$49.46 Million |
| 2004 | 28.66% | 29.44% | 0.67x | 1.44x | AU$58.85 Million |
| 2005 | 32.30% | 34.95% | 0.64x | 1.45x | AU$82.52 Million |
| 2006 | 40.88% | 33.62% | 0.32x | 3.86x | AU$102.22 Million |
| 2007 | 53.41% | 34.87% | 0.24x | 6.32x | AU$148.01 Million |
| 2008 | 41.07% | 21.69% | 0.25x | 7.56x | AU$97.45 Million |
| 2009 | 13.02% | 7.98% | 0.21x | 7.83x | AU$8.76 Million |
| 2010 | 25.18% | 18.41% | 0.25x | 5.40x | AU$54.57 Million |
| 2011 | 16.95% | 12.42% | 0.31x | 4.41x | AU$25.43 Million |
| 2012 | 9.95% | 6.81% | 0.31x | 4.67x | AU$-140.80K |
| 2013 | 15.48% | 15.66% | 0.39x | 2.55x | AU$21.58 Million |
| 2014 | 13.44% | 18.44% | 0.39x | 1.85x | AU$20.91 Million |
| 2015 | 20.98% | 24.73% | 0.44x | 1.92x | AU$64.11 Million |
| 2016 | 21.80% | 26.91% | 0.43x | 1.90x | AU$71.45 Million |
| 2017 | 21.64% | 27.26% | 0.43x | 1.85x | AU$73.85 Million |
| 2018 | 21.21% | 26.62% | 0.42x | 1.88x | AU$74.11 Million |
| 2019 | 17.51% | 22.78% | 0.44x | 1.74x | AU$49.71 Million |
| 2020 | 12.53% | 16.94% | 0.41x | 1.79x | AU$16.57 Million |
| 2021 | 8.25% | 12.01% | 0.39x | 1.78x | AU$-15.84 Million |
| 2022 | 10.93% | 13.08% | 0.44x | 1.89x | AU$8.62 Million |
| 2023 | 2.49% | 5.93% | 0.25x | 1.66x | AU$-178.20 Million |
| 2024 | -27.12% | -36.22% | 0.38x | 1.95x | AU$-646.31 Million |
| 2025 | -3.53% | -251.95% | 0.01x | 2.08x | AU$-222.86 Million |
Industry Comparison
This section compares Perpetual 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 Ltd (PPT) | AU$1.65 Billion | -8.45% | 1.08x | $1.03 Billion |
| 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 |