Pacific Smiles Group Ltd (PSQ) - Net Assets

Latest as of June 2025: AU$59.50 Million AUD ≈ $42.10 Million USD

Based on the latest financial reports, Pacific Smiles Group Ltd (PSQ) has net assets worth AU$59.50 Million AUD (≈ $42.10 Million USD) 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 ≈ $115.71 Million USD) and total liabilities (AU$104.03 Million ≈ $73.61 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 PSQ cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Pacific Smiles Group Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see PSQ stock market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$59.50 Million ≈ $42.10 Million	-1.74%
2024-06-30	AU$60.56 Million ≈ $42.85 Million	-1.16%
2023-06-30	AU$61.27 Million ≈ $43.35 Million	+4.71%
2022-06-30	AU$58.51 Million ≈ $41.40 Million	-4.36%
2021-06-30	AU$61.18 Million ≈ $43.29 Million	+65.84%
2020-06-30	AU$36.89 Million ≈ $26.10 Million	-10.20%
2019-06-30	AU$41.08 Million ≈ $29.07 Million	-1.90%
2018-06-30	AU$41.88 Million ≈ $29.63 Million	-5.44%
2017-06-30	AU$44.29 Million ≈ $31.34 Million	+3.07%
2016-06-30	AU$42.97 Million ≈ $30.40 Million	+4.78%
2015-06-30	AU$41.01 Million ≈ $29.02 Million	+11.44%
2014-06-30	AU$36.80 Million ≈ $26.04 Million	+48.16%
2013-06-30	AU$24.84 Million ≈ $17.57 Million	+53.97%
2011-06-30	AU$16.13 Million ≈ $11.41 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
Ernst Russ AG XETRA:ERAG	$249.30 Million
Grupa Azoty Zaklady Chemiczne Police SA WAR:PCE	$249.48 Million
KGI Securities (Thailand) Public Company Limited BK:KGI	$249.57 Million
Skel fjárfestingafélag hf. IC:SKEL	$249.63 Million
Indomobil Sukses Internasional JK:IMAS	$249.26 Million
Eledon Pharmaceuticals Inc NASDAQ:ELDN	$249.24 Million
Akfen Gayrimenkul Yatirim Ortakligi AS IS:AKFGY	$248.95 Million
Bharat Rasayan Limited NSE:BHARATRAS	$248.90 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: $585,675,750
Average return on equity (ROE) among peers: -17.59%

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	$249.29 Million
Freedom Care Group Holdings Ltd (FCG)	$92.71 Million	-23.28%	1.24x	$2.84 Million
Oceania Healthcare Ltd (OCA)	$467.95 Million	9.59%	0.96x	$310.03 Million
Regis Healthcare Ltd (REG)	$38.39 Million	-74.10%	43.47x	$1.43 Billion
Ramsay Health Care Ltd (RHC)	$1.74 Billion	17.42%	1.61x	$6.25 Billion

About Pacific Smiles Group Ltd

AU:PSQ Australia Medical Care Facilities

Market Cap

$249.29 Million

AU$352.32 Million AUD

Market Cap Rank

#15701 Global

#438 in Australia

Share Price

AU$2.18

Change (1 day)

+0.00%

52-Week Range

AU$1.48 - AU$2.19

All Time High

AU$2.72