Pacific Smiles Group Ltd
Pacific Smiles Group Limited, together with its subsidiaries, owns and operates dental centers under the Pacific Smiles Dental and Nib Dental Care Centres names in Australia. It also provides services and equipped facilities to dentists, including support staff, materials, marketing, and administrative services. Pacific Smiles Group Limited was incorporated in 2002 and is based in East Maitland, … Read more
Pacific Smiles Group Ltd (PSQ) - Net Assets
Latest net assets as of June 2025: AU$59.50 Million AUD
Based on the latest financial reports, Pacific Smiles Group Ltd (PSQ) has net assets worth AU$59.50 Million 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$163.53 Million) and total liabilities (AU$104.03 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$59.50 Million |
| % of Total Assets | 36.39% |
| Annual Growth Rate | 9.77% |
| 5-Year Change | -2.74% |
| 10-Year Change | 38.48% |
| Growth Volatility | 24.44 |
Pacific Smiles Group Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Pacific Smiles Group 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 Pacific Smiles Group Ltd (2011–2025)
The table below shows the annual net assets of Pacific Smiles Group Ltd from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$59.50 Million | -1.74% |
| 2024-06-30 | AU$60.56 Million | -1.16% |
| 2023-06-30 | AU$61.27 Million | +4.71% |
| 2022-06-30 | AU$58.51 Million | -4.36% |
| 2021-06-30 | AU$61.18 Million | +65.84% |
| 2020-06-30 | AU$36.89 Million | -10.20% |
| 2019-06-30 | AU$41.08 Million | -1.90% |
| 2018-06-30 | AU$41.88 Million | -5.44% |
| 2017-06-30 | AU$44.29 Million | +3.07% |
| 2016-06-30 | AU$42.97 Million | +4.78% |
| 2015-06-30 | AU$41.01 Million | +11.44% |
| 2014-06-30 | AU$36.80 Million | +48.16% |
| 2013-06-30 | AU$24.84 Million | +53.97% |
| 2011-06-30 | AU$16.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pacific Smiles Group 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 31.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$3.35 Million | 5.63% |
| Common Stock | AU$56.15 Million | 94.37% |
| Total Equity | AU$59.50 Million | 100.00% |
Pacific Smiles Group Ltd Competitors by Market Cap
The table below lists competitors of Pacific Smiles Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Group One Capital Limited
AU:G1C
|
$1.00 Million |
|
BILFINGER (GBF.SG)
STU:GBF
|
$1.00 Million |
|
Aptose Biosciences Inc
NASDAQ:APTO
|
$1.00 Million |
|
Afluente Transmissão de Energia Elétrica S.A
SA:AFLT3
|
$1.00 Million |
|
Ortin Global Limited
NSE:ORTINGLOBE
|
$1.00 Million |
|
BT Wealth Industries Public Company Limited
BK:BTW
|
$1.00 Million |
|
Kakel Max AB (publ)
ST:KAKEL
|
$1.00 Million |
|
Gaon Group Ltd
TA:GAGR
|
$1.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Smiles Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 60,558,000 to 59,503,000, a change of -1,055,000 (-1.7%).
- Net income of 1,971,000 contributed positively to equity growth.
- Dividend payments of 5,186,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,889,000.
- Other factors increased equity by 4,049,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.97 Million | +3.31% |
| Dividends Paid | AU$5.19 Million | -8.72% |
| Other Comprehensive Income | AU$-1.89 Million | -3.17% |
| Other Changes | AU$4.05 Million | +6.8% |
| Total Change | AU$- | -1.74% |
Book Value vs Market Value Analysis
This analysis compares Pacific Smiles Group 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: 5.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.97x to 5.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$0.18 | AU$2.18 | x |
| 2014-06-30 | AU$0.24 | AU$2.18 | x |
| 2015-06-30 | AU$0.28 | AU$2.18 | x |
| 2016-06-30 | AU$0.28 | AU$2.18 | x |
| 2017-06-30 | AU$0.29 | AU$2.18 | x |
| 2018-06-30 | AU$0.28 | AU$2.18 | x |
| 2019-06-30 | AU$0.27 | AU$2.18 | x |
| 2020-06-30 | AU$0.24 | AU$2.18 | x |
| 2021-06-30 | AU$0.39 | AU$2.18 | x |
| 2022-06-30 | AU$0.37 | AU$2.18 | x |
| 2023-06-30 | AU$0.38 | AU$2.18 | x |
| 2024-06-30 | AU$0.38 | AU$2.18 | x |
| 2025-06-30 | AU$0.37 | AU$2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Smiles Group 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): 3.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.75x
- Recent ROE (3.31%) is below the historical average (15.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.71% | 10.22% | 1.49x | 1.63x | AU$3.65 Million |
| 2014 | 21.07% | 13.12% | 1.07x | 1.50x | AU$4.07 Million |
| 2015 | 20.39% | 11.16% | 1.27x | 1.44x | AU$4.26 Million |
| 2016 | 23.05% | 11.88% | 1.39x | 1.40x | AU$5.61 Million |
| 2017 | 22.66% | 10.97% | 1.34x | 1.54x | AU$5.61 Million |
| 2018 | 15.77% | 6.32% | 1.39x | 1.80x | AU$2.42 Million |
| 2019 | 20.87% | 7.02% | 1.46x | 2.04x | AU$4.46 Million |
| 2020 | 17.30% | 5.32% | 0.81x | 4.00x | AU$2.69 Million |
| 2021 | 21.17% | 8.46% | 0.95x | 2.64x | AU$6.83 Million |
| 2022 | -7.74% | -3.25% | 0.73x | 3.26x | AU$-10.38 Million |
| 2023 | 3.95% | 1.46% | 0.88x | 3.07x | AU$-3.71 Million |
| 2024 | 13.27% | 4.52% | 1.03x | 2.84x | AU$1.98 Million |
| 2025 | 3.31% | 1.02% | 1.18x | 2.75x | AU$-3.98 Million |
Industry Comparison
This section compares Pacific Smiles Group Ltd's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $420,558,250
- Average return on equity (ROE) among peers: 4.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Smiles Group Ltd (PSQ) | AU$59.50 Million | 24.71% | 1.75x | $1.00 Million |
| Freedom Care Group Holdings Ltd (FCG) | $92.71 Million | -23.28% | 1.24x | $307.06K |
| Oceania Healthcare Ltd (OCA) | $200.04 Million | 24.32% | 2.91x | $251.67 Million |
| Regis Healthcare Ltd (REG) | $-16.72 Million | 0.00% | 0.00x | $696.47 Million |
| Ramsay Health Care Ltd (RHC) | $1.41 Billion | 17.36% | 1.55x | $4.63 Billion |