Primech Holdings Ltd. Ordinary Shares (PMEC) - Net Assets
Based on the latest financial reports, Primech Holdings Ltd. Ordinary Shares (PMEC) has net assets worth $12.54 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.53 Million) and total liabilities ($30.00 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. Check PMEC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.54 Million |
| % of Total Assets | 29.47% |
| Annual Growth Rate | 0.22% |
| 5-Year Change | 11.51% |
| 10-Year Change | N/A |
| Growth Volatility | 31.2 |
Primech Holdings Ltd. Ordinary Shares - Net Assets Trend (2020–2026)
This chart illustrates how Primech Holdings Ltd. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Primech Holdings Ltd. Ordinary Shares (PMEC) market capitalisation.
Annual Net Assets for Primech Holdings Ltd. Ordinary Shares (2020–2026)
The table below shows the annual net assets of Primech Holdings Ltd. Ordinary Shares from 2020 to 2026. Also explore PMEC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $12.54 Million | -14.60% |
| 2025-03-31 | $14.68 Million | -2.52% |
| 2024-03-31 | $15.06 Million | +70.49% |
| 2023-03-31 | $8.83 Million | -21.43% |
| 2022-03-31 | $11.24 Million | -15.37% |
| 2021-03-31 | $13.28 Million | +7.38% |
| 2020-03-31 | $12.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primech Holdings Ltd. Ordinary Shares'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 1078.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.96 Million | 180.51% |
| Other Comprehensive Income | $1.79 Million | 13.46% |
| Other Components | $954.00K | 7.19% |
| Total Equity | $13.27 Million | 100.00% |
Primech Holdings Ltd. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Primech Holdings Ltd. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bambuser AB
ST:BUSER
|
$17.24 Million |
|
Iflex Flexible Packaging, S.A.
MC:IFLEX
|
$17.25 Million |
|
Wicaksana Overseas International
JK:WICO
|
$17.25 Million |
|
Aurania Resources Ltd
V:ARU
|
$17.29 Million |
|
Norwegian Block Exchange AS
OL:NBX
|
$17.24 Million |
|
Primega Group Holdings Limited Ordinary Shares
NASDAQ:PGHL
|
$17.22 Million |
|
Southern Energy Corp
V:SOU
|
$17.22 Million |
|
Fiplasto SA
BA:FIPL
|
$17.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primech Holdings Ltd. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 14,889,000 to 13,274,000, a change of -1,615,000 (-10.8%).
- Net loss of 2,437,000 reduced equity.
- Other comprehensive income increased equity by 792,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.44 Million | -18.36% |
| Other Comprehensive Income | $792.00K | +5.97% |
| Other Changes | $30.00K | +0.23% |
| Total Change | $- | -10.85% |
Book Value vs Market Value Analysis
This analysis compares Primech Holdings Ltd. Ordinary Shares'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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $0.35 | $0.57 | x |
| 2021-03-31 | $0.37 | $0.57 | x |
| 2022-03-31 | $0.31 | $0.57 | x |
| 2023-03-31 | $0.25 | $0.57 | x |
| 2024-03-31 | $0.44 | $0.57 | x |
| 2025-03-31 | $0.40 | $0.57 | x |
| 2026-03-31 | $0.35 | $0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primech Holdings Ltd. Ordinary Shares 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): -18.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.12%
- • Asset Turnover: 1.83x
- • Equity Multiplier: 3.20x
- Recent ROE (-18.36%) is below the historical average (-7.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.50% | 0.65% | 2.09x | 1.85x | $-927.33K |
| 2021 | 40.37% | 11.15% | 1.66x | 2.18x | $4.03 Million |
| 2022 | -11.09% | -2.28% | 1.64x | 2.97x | $-2.36 Million |
| 2023 | -28.83% | -3.67% | 1.61x | 4.88x | $-3.41 Million |
| 2024 | -21.61% | -4.47% | 1.59x | 3.04x | $-4.74 Million |
| 2025 | -13.04% | -2.61% | 1.80x | 2.77x | $-3.43 Million |
| 2026 | -18.36% | -3.12% | 1.83x | 3.20x | $-3.76 Million |
Industry Comparison
This section compares Primech Holdings Ltd. Ordinary Shares's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,113,713,679
- Average return on equity (ROE) among peers: 15.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primech Holdings Ltd. Ordinary Shares (PMEC) | $12.54 Million | 2.50% | 2.39x | $17.24 Million |
| ABM Industries Incorporated (ABM) | $1.45 Billion | 6.72% | 1.49x | $2.95 Billion |
| Amentum Holdings Inc. (AMTM) | $4.62 Billion | 1.43% | 1.48x | $4.85 Billion |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $901.42K | 90.05% | 4.47x | $33.98 Million |
| Aramark Holdings (ARMK) | $3.04 Billion | 18.68% | 3.51x | $15.18 Billion |
| AZZ Incorporated (AZZ) | $227.87 Million | 16.56% | 0.68x | $3.99 Billion |
| Blacksky Technology Inc (BKSY) | $93.99 Million | -60.88% | 1.70x | $880.70 Million |
| BUUU Group Limited Class A Ordinary Share (BUUU) | $485.37K | 58.45% | 2.81x | $242.62 Million |
| BrightView Holdings (BV) | $1.23 Billion | -1.23% | 1.36x | $1.01 Billion |
| Cass Information Systems Inc (CASS) | $245.80 Million | 11.64% | 9.39x | $613.37 Million |
| CBIZ Inc (CBZ) | $226.45 Million | 15.39% | 1.55x | $1.81 Billion |
About Primech Holdings Ltd. Ordinary Shares
Primech Holdings Ltd. provides facilities and stewarding services for the public and private sectors in Singapore. The company offers conservancy areas cleaning services, including daily cleaning of common areas within town councils, monthly block washing, and quarterly fogging of bin chutes; educational institutions cleaning services, such as cleaning of schools; airport cleaning services; clean… Read more