Putprop Ltd
Putprop Limited operates as a property investment company in South Africa. The company operates through Property Rental Operations Categorized by Sector and Energy segments. It is involved in property rental and related services; owns and manages a portfolio of commercial, retail, industrial, and residential properties; and generates and sells of solar electricity, including the recovery of relat… Read more
Putprop Ltd (PPR) - Net Assets
Latest net assets as of June 2025: ZAC753.46 Million ZAC
Based on the latest financial reports, Putprop Ltd (PPR) has net assets worth ZAC753.46 Million ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.23 Billion) and total liabilities (ZAC479.23 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 | ZAC753.46 Million |
| % of Total Assets | 61.12% |
| Annual Growth Rate | 8.32% |
| 5-Year Change | 22.37% |
| 10-Year Change | 47.12% |
| Growth Volatility | 10.42 |
Putprop Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Putprop 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 Putprop Ltd (2002–2025)
The table below shows the annual net assets of Putprop Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC753.46 Million | +6.50% |
| 2024-06-30 | ZAC707.45 Million | +3.43% |
| 2023-06-30 | ZAC683.96 Million | +0.72% |
| 2022-06-30 | ZAC679.06 Million | +10.29% |
| 2021-06-30 | ZAC615.70 Million | +5.54% |
| 2020-06-30 | ZAC583.38 Million | -0.65% |
| 2019-06-30 | ZAC587.19 Million | +4.27% |
| 2018-06-30 | ZAC563.17 Million | +0.20% |
| 2017-06-30 | ZAC562.02 Million | +9.74% |
| 2016-06-30 | ZAC512.14 Million | -10.44% |
| 2015-06-30 | ZAC571.82 Million | +45.68% |
| 2014-06-30 | ZAC392.52 Million | +18.45% |
| 2013-06-30 | ZAC331.37 Million | +13.62% |
| 2012-06-30 | ZAC291.64 Million | +7.93% |
| 2011-06-30 | ZAC270.21 Million | +14.43% |
| 2010-06-30 | ZAC236.14 Million | +15.47% |
| 2009-06-30 | ZAC204.50 Million | +14.64% |
| 2008-06-30 | ZAC178.39 Million | +14.37% |
| 2007-06-30 | ZAC155.97 Million | +7.62% |
| 2006-06-30 | ZAC144.93 Million | +4.73% |
| 2005-06-30 | ZAC138.38 Million | +4.37% |
| 2004-06-30 | ZAC132.59 Million | +14.28% |
| 2003-06-30 | ZAC116.02 Million | -3.18% |
| 2002-06-30 | ZAC119.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Putprop 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 grown by 63740800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC637.41 Million | 87.21% |
| Common Stock | ZAC93.48 Million | 12.79% |
| Total Equity | ZAC730.88 Million | 100.00% |
Putprop Ltd Competitors by Market Cap
The table below lists competitors of Putprop Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mennica Skarbowa SA
WAR:MNS
|
$133.08K |
|
Etex SA
BR:BE0941244536
|
$133.16K |
|
Proventus Agrocom Ltd
NSE:PROV-SM
|
$133.19K |
|
Terra Property Trust, Inc. 6.00%
NYSE:TPTA
|
$133.29K |
|
BTS GROUP -B-
BE:BX1B
|
$132.93K |
|
Navasota Resources Inc.
V:NAV
|
$132.92K |
|
HEALTH AND PL.PROT.GROUP
F:0EG0
|
$132.88K |
|
EMBR3F
SA:EMBR3F
|
$132.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Putprop Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 686,866,000 to 730,885,000, a change of 44,019,000 (6.4%).
- Net income of 50,592,000 contributed positively to equity growth.
- Dividend payments of 6,573,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC50.59 Million | +6.92% |
| Dividends Paid | ZAC6.57 Million | -0.9% |
| Total Change | ZAC- | 6.41% |
Book Value vs Market Value Analysis
This analysis compares Putprop 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: 34.23x
- 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 141.77x to 34.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | ZAC4.16 | ZAC590.00 | x |
| 2003-06-30 | ZAC4.03 | ZAC590.00 | x |
| 2004-06-30 | ZAC4.60 | ZAC590.00 | x |
| 2005-06-30 | ZAC4.81 | ZAC590.00 | x |
| 2006-06-30 | ZAC5.03 | ZAC590.00 | x |
| 2007-06-30 | ZAC5.42 | ZAC590.00 | x |
| 2008-06-30 | ZAC6.20 | ZAC590.00 | x |
| 2009-06-30 | ZAC7.10 | ZAC590.00 | x |
| 2010-06-30 | ZAC8.20 | ZAC590.00 | x |
| 2011-06-30 | ZAC9.38 | ZAC590.00 | x |
| 2012-06-30 | ZAC10.13 | ZAC590.00 | x |
| 2013-06-30 | ZAC11.51 | ZAC590.00 | x |
| 2014-06-30 | ZAC13.63 | ZAC590.00 | x |
| 2015-06-30 | ZAC16.31 | ZAC590.00 | x |
| 2016-06-30 | ZAC11.46 | ZAC590.00 | x |
| 2017-06-30 | ZAC12.58 | ZAC590.00 | x |
| 2018-06-30 | ZAC12.61 | ZAC590.00 | x |
| 2019-06-30 | ZAC13.32 | ZAC590.00 | x |
| 2020-06-30 | ZAC13.29 | ZAC590.00 | x |
| 2021-06-30 | ZAC13.83 | ZAC590.00 | x |
| 2022-06-30 | ZAC15.52 | ZAC590.00 | x |
| 2023-06-30 | ZAC15.68 | ZAC590.00 | x |
| 2024-06-30 | ZAC16.20 | ZAC590.00 | x |
| 2025-06-30 | ZAC17.24 | ZAC590.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Putprop 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): 6.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.04%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.69x
- Recent ROE (6.92%) is below the historical average (10.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.28% | 56.07% | 0.23x | 1.03x | ZAC3.93 Million |
| 2003 | 10.37% | 41.36% | 0.24x | 1.05x | ZAC426.10K |
| 2004 | 12.38% | 55.46% | 0.21x | 1.08x | ZAC3.16 Million |
| 2005 | 15.63% | 86.01% | 0.17x | 1.05x | ZAC7.79 Million |
| 2006 | 14.17% | 83.11% | 0.16x | 1.05x | ZAC6.04 Million |
| 2007 | 13.54% | 102.64% | 0.12x | 1.11x | ZAC5.53 Million |
| 2008 | 18.21% | 112.42% | 0.15x | 1.05x | ZAC14.65 Million |
| 2009 | 17.27% | 106.59% | 0.15x | 1.06x | ZAC14.88 Million |
| 2010 | 16.08% | 107.07% | 0.14x | 1.06x | ZAC14.36 Million |
| 2011 | 16.34% | 126.11% | 0.12x | 1.08x | ZAC17.13 Million |
| 2012 | 10.31% | 84.12% | 0.11x | 1.10x | ZAC904.10K |
| 2013 | 15.12% | 133.76% | 0.10x | 1.10x | ZAC16.96 Million |
| 2014 | 18.22% | 178.51% | 0.09x | 1.11x | ZAC32.26 Million |
| 2015 | 11.95% | 120.30% | 0.08x | 1.22x | ZAC10.62 Million |
| 2016 | 3.99% | 31.11% | 0.09x | 1.43x | ZAC-30.76 Million |
| 2017 | 6.99% | 53.21% | 0.10x | 1.36x | ZAC-16.89 Million |
| 2018 | 1.24% | 9.53% | 0.10x | 1.36x | ZAC-49.36 Million |
| 2019 | 5.72% | 44.17% | 0.10x | 1.34x | ZAC-25.11 Million |
| 2020 | 0.49% | 3.90% | 0.10x | 1.33x | ZAC-55.45 Million |
| 2021 | 3.82% | 31.19% | 0.06x | 1.97x | ZAC-36.92 Million |
| 2022 | 9.73% | 57.51% | 0.09x | 1.92x | ZAC-1.79 Million |
| 2023 | 1.67% | 8.65% | 0.10x | 1.86x | ZAC-55.38 Million |
| 2024 | 5.67% | 27.75% | 0.11x | 1.79x | ZAC-29.75 Million |
| 2025 | 6.92% | 36.04% | 0.11x | 1.69x | ZAC-22.50 Million |
Industry Comparison
This section compares Putprop Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $7,486,539,535
- Average return on equity (ROE) among peers: -0.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Putprop Ltd (PPR) | ZAC753.46 Million | 13.28% | 0.64x | $132.96K |
| Collins Property Group (CPP) | $5.33 Billion | 10.46% | 1.29x | $182.60 Million |
| Fortress Income Fund Ltd (FFB) | $24.21 Billion | -34.58% | 0.78x | $15.10 Million |
| Lighthouse Capital Ltd (LTE) | $368.59 Million | -9.56% | 0.74x | $9.15 Million |
| Trematon Capital Investments (TMT) | $46.08 Million | 30.87% | 0.45x | $142.03K |