Perpetual Limited (PVQ) - Net Assets
Based on the latest financial reports, Perpetual Limited (PVQ) has net assets worth €1.65 Billion EUR (≈ $1.93 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.42 Billion ≈ $4.00 Billion USD) and total liabilities (€1.77 Billion ≈ $2.07 Billion 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 Perpetual Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.65 Billion |
| % of Total Assets | 48.18% |
| Annual Growth Rate | 10.37% |
| 5-Year Change | 80.46% |
| 10-Year Change | 171.93% |
| Growth Volatility | 46.49 |
Perpetual Limited - Net Assets Trend (2014–2025)
This chart illustrates how Perpetual Limited's net assets have evolved over time, based on quarterly financial data. Also explore Perpetual Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Perpetual Limited (2014–2025)
The table below shows the annual net assets of Perpetual Limited from 2014 to 2025. For live valuation and market cap data, see Perpetual Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €1.65 Billion ≈ $1.93 Billion |
-5.43% |
| 2024-06-30 | €1.74 Billion ≈ $2.04 Billion |
-26.60% |
| 2023-06-30 | €2.37 Billion ≈ $2.77 Billion |
+156.21% |
| 2022-06-30 | €925.80 Million ≈ $1.08 Billion |
+1.46% |
| 2021-06-30 | €912.47 Million ≈ $1.07 Billion |
+39.45% |
| 2020-06-30 | €654.34 Million ≈ $764.99 Million |
-1.19% |
| 2019-06-30 | €662.24 Million ≈ $774.23 Million |
+0.17% |
| 2018-06-30 | €661.13 Million ≈ $772.94 Million |
+4.22% |
| 2017-06-30 | €634.38 Million ≈ $741.66 Million |
+4.77% |
| 2016-06-30 | €605.52 Million ≈ $707.92 Million |
+3.74% |
| 2015-06-30 | €583.69 Million ≈ $682.40 Million |
+4.91% |
| 2014-06-30 | €556.40 Million ≈ $650.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Perpetual Limited'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 1645.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.45 Billion | 148.62% |
| Total Equity | €1.65 Billion | 100.00% |
Perpetual Limited Competitors by Market Cap
The table below lists competitors of Perpetual Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
$1.18 Billion |
|
Nano Nuclear Energy Inc. Common Stock
NASDAQ:NNE
|
$1.18 Billion |
|
Jiangxi Guoguang Commercial Chains Co Ltd
SHG:605188
|
$1.18 Billion |
|
Anhui Guofeng Plastic Industry Co Ltd
SHE:000859
|
$1.19 Billion |
|
thyssenkrupp nucera AG & Co. KGaA
XETRA:NCH2
|
$1.18 Billion |
|
Cadre Holdings Inc
NYSE:CDRE
|
$1.18 Billion |
|
Pharming Group NV
NASDAQ:PHAR
|
$1.18 Billion |
|
Darma Henwa Tbk
JK:DEWA
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perpetual Limited'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 factors increased equity by 91,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-58.20 Million | -3.53% |
| Dividends Paid | €126.70 Million | -7.69% |
| Share Repurchases | €1.20 Million | -0.07% |
| Other Changes | €91.60 Million | +5.56% |
| Total Change | €- | -5.43% |
Book Value vs Market Value Analysis
This analysis compares Perpetual Limited'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: 0.66x
- 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 |
|---|---|---|---|
| 2017-06-30 | €13.84 | €9.70 | x |
| 2018-06-30 | €14.37 | €9.70 | x |
| 2019-06-30 | €14.39 | €9.70 | x |
| 2020-06-30 | €14.01 | €9.70 | x |
| 2021-06-30 | €16.13 | €9.70 | x |
| 2022-06-30 | €16.32 | €9.70 | x |
| 2023-06-30 | €21.39 | €9.70 | x |
| 2024-06-30 | €15.83 | €9.70 | x |
| 2025-06-30 | €14.70 | €9.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perpetual Limited 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: -4.32%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.08x
- Recent ROE (-3.53%) is below the historical average (10.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.98% | 17.91% | 0.41x | 2.06x | €27.14 Million |
| 2015 | 20.98% | 23.98% | 0.45x | 1.92x | €64.11 Million |
| 2016 | 21.80% | 26.91% | 0.43x | 1.90x | €71.45 Million |
| 2017 | 21.64% | 27.26% | 0.43x | 1.85x | €73.85 Million |
| 2018 | 21.21% | 26.62% | 0.42x | 1.88x | €74.11 Million |
| 2019 | 17.51% | 22.78% | 0.44x | 1.74x | €49.71 Million |
| 2020 | 12.53% | 16.94% | 0.41x | 1.79x | €16.57 Million |
| 2021 | 8.21% | 12.01% | 0.38x | 1.78x | €-16.38 Million |
| 2022 | 10.93% | 13.41% | 0.43x | 1.89x | €8.62 Million |
| 2023 | 2.49% | 5.93% | 0.25x | 1.66x | €-178.20 Million |
| 2024 | -27.12% | -36.22% | 0.38x | 1.95x | €-646.31 Million |
| 2025 | -3.53% | -4.32% | 0.39x | 2.08x | €-222.86 Million |
Industry Comparison
This section compares Perpetual Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $24,214,897,242
- Average return on equity (ROE) among peers: -23.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perpetual Limited (PVQ) | €1.65 Billion | 14.98% | 1.08x | $1.18 Billion |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.86 Billion |
| Quinsam Capital Corporation (0Q4) | $34.17 Million | 7.14% | 0.02x | $2.41 Million |
| tokentus investment AG (14D) | $11.34 Million | -20.03% | 0.03x | $7.49 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $544.31 Million | -9.33% | 0.20x | $92.04 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $30.32 Million | 12.70% | 0.32x | $104.59 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $8.86 Million | -3.21% | 0.04x | $26.89 Million |
| EAT WELL INVESTMENT GROUP (6BC0) | $16.23 Million | -72.31% | 3.04x | $18.57 Million |
| Victory Square Technologies Inc (6F6) | $13.25 Million | -182.62% | 0.83x | $47.76 Million |
| Noah Holdings Limited (6NO) | $10.43 Billion | 9.68% | 0.22x | $634.01 Million |
| CHINA RENAISSANCE HLDGS (6RN) | $7.91 Billion | 20.54% | 0.79x | $223.61 Million |
About Perpetual Limited
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