PGG Wrightson Limited
PGG Wrightson Limited provides goods and services for agricultural and horticultural sectors in New Zealand. It operates through two segments: Agency, and Retail & Water. The company operates rural supplies stores that offer a range of products, such as seed, ag chem, fertilizer, bulk feed, pet supplies, machinery, animal health, fencing, and water and irrigation equipment. It is also involved in… Read more
PGG Wrightson Limited (PGWFF) - Net Assets
Latest net assets as of June 2024: $164.73 Million USD
Based on the latest financial reports, PGG Wrightson Limited (PGWFF) has net assets worth $164.73 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($477.63 Million) and total liabilities ($312.90 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 | $164.73 Million |
| % of Total Assets | 34.49% |
| Annual Growth Rate | 5.93% |
| 5-Year Change | 5.13% |
| 10-Year Change | -38.39% |
| Growth Volatility | 57.08 |
PGG Wrightson Limited - Net Assets Trend (1995–2024)
This chart illustrates how PGG Wrightson Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PGG Wrightson Limited (1995–2024)
The table below shows the annual net assets of PGG Wrightson Limited from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $164.73 Million | -2.68% |
| 2023-06-30 | $169.26 Million | -1.98% |
| 2022-06-30 | $172.68 Million | -0.49% |
| 2021-06-30 | $173.54 Million | +10.74% |
| 2020-06-30 | $156.70 Million | -60.65% |
| 2019-06-30 | $398.26 Million | +38.54% |
| 2018-06-30 | $287.46 Million | -0.78% |
| 2017-06-30 | $289.71 Million | +5.62% |
| 2016-06-30 | $274.30 Million | +2.59% |
| 2015-06-30 | $267.37 Million | -0.87% |
| 2014-06-30 | $269.70 Million | +5.31% |
| 2013-06-30 | $256.11 Million | -55.67% |
| 2012-06-30 | $577.77 Million | -4.40% |
| 2011-06-30 | $604.34 Million | -4.90% |
| 2010-06-30 | $635.47 Million | +62.56% |
| 2009-06-30 | $390.92 Million | -18.64% |
| 2008-06-30 | $480.50 Million | +17.13% |
| 2007-06-30 | $410.24 Million | -1.15% |
| 2006-06-30 | $415.03 Million | +264.44% |
| 2005-06-30 | $113.88 Million | +4.63% |
| 2004-06-30 | $108.84 Million | +5.00% |
| 2003-06-30 | $103.66 Million | +4.01% |
| 2002-06-30 | $99.66 Million | +132.15% |
| 2001-06-30 | $42.93 Million | +21.41% |
| 2000-06-30 | $35.36 Million | +1.22% |
| 1999-06-30 | $34.94 Million | +3.09% |
| 1998-06-30 | $33.89 Million | +4.08% |
| 1997-06-30 | $32.56 Million | +2.29% |
| 1996-06-30 | $31.83 Million | +2.80% |
| 1995-06-30 | $30.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PGG Wrightson 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 2111.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $372.32 Million | 226.01% |
| Other Comprehensive Income | $16.37 Million | 9.94% |
| Total Equity | $164.73 Million | 100.00% |
PGG Wrightson Limited Competitors by Market Cap
The table below lists competitors of PGG Wrightson Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RenovoRx Inc
NASDAQ:RNXT
|
$31.42 Million |
|
Zedge Inc
NYSE MKT:ZDGE
|
$31.42 Million |
|
Volt Lithium Corp.
OTCQB:VLTLF
|
$31.43 Million |
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$31.45 Million |
|
Enterprise Diversified Inc
OTCQB:ENDI
|
$31.40 Million |
|
Hipages Group Holdings Ltd
AU:HPG
|
$31.40 Million |
|
Denge Yatirim Holding AS
IS:DENGE
|
$31.39 Million |
|
396470
KQ:396470
|
$31.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PGG Wrightson Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 169,261,000 to 164,733,000, a change of -4,528,000 (-2.7%).
- Net income of 3,064,000 contributed positively to equity growth.
- Dividend payments of 7,763,000 reduced retained earnings.
- Other comprehensive income increased equity by 213,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.06 Million | +1.86% |
| Dividends Paid | $7.76 Million | -4.71% |
| Other Comprehensive Income | $213.00K | +0.13% |
| Other Changes | $-42.00K | -0.03% |
| Total Change | $- | -2.68% |
Book Value vs Market Value Analysis
This analysis compares PGG Wrightson 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: 0.48x
- 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.
- The price-to-book ratio has increased from 0.28x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-06-30 | $3.77 | $1.04 | x |
| 1996-06-30 | $2.63 | $1.04 | x |
| 1997-06-30 | $3.88 | $1.04 | x |
| 1998-06-30 | $4.04 | $1.04 | x |
| 1999-06-30 | $4.35 | $1.04 | x |
| 2000-06-30 | $4.40 | $1.04 | x |
| 2001-06-30 | $5.35 | $1.04 | x |
| 2002-06-30 | $7.55 | $1.04 | x |
| 2003-06-30 | $7.23 | $1.04 | x |
| 2004-06-30 | $7.07 | $1.04 | x |
| 2005-06-30 | $7.94 | $1.04 | x |
| 2006-06-30 | $13.79 | $1.04 | x |
| 2007-06-30 | $11.44 | $1.04 | x |
| 2008-06-30 | $13.15 | $1.04 | x |
| 2009-06-30 | $10.81 | $1.04 | x |
| 2010-06-30 | $11.53 | $1.04 | x |
| 2011-06-30 | $7.97 | $1.04 | x |
| 2012-06-30 | $7.62 | $1.04 | x |
| 2013-06-30 | $3.34 | $1.04 | x |
| 2014-06-30 | $3.55 | $1.04 | x |
| 2015-06-30 | $3.50 | $1.04 | x |
| 2016-06-30 | $3.61 | $1.04 | x |
| 2017-06-30 | $3.81 | $1.04 | x |
| 2018-06-30 | $3.78 | $1.04 | x |
| 2019-06-30 | $5.28 | $1.04 | x |
| 2020-06-30 | $1.00 | $1.04 | x |
| 2021-06-30 | $2.30 | $1.04 | x |
| 2022-06-30 | $2.29 | $1.04 | x |
| 2023-06-30 | $2.24 | $1.04 | x |
| 2024-06-30 | $2.18 | $1.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PGG Wrightson 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): 1.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.37%
- • Asset Turnover: 1.74x
- • Equity Multiplier: 2.90x
- Recent ROE (1.86%) is below the historical average (3.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 12.94% | 1.64% | 3.41x | 2.32x | $860.20K |
| 1996 | -1.92% | -0.29% | 3.03x | 2.21x | $-3.60 Million |
| 1997 | -1.23% | 0.00% | 0.00x | 2.68x | $-3.50 Million |
| 1998 | -1.25% | 0.00% | 0.00x | 2.81x | $-3.65 Million |
| 1999 | -0.39% | 0.00% | 0.00x | 3.01x | $-3.63 Million |
| 2000 | -0.37% | 0.00% | 0.00x | 3.05x | $-3.67 Million |
| 2001 | 0.06% | 0.02% | 0.79x | 3.18x | $-4.27 Million |
| 2002 | 12.46% | 4.86% | 0.85x | 3.01x | $2.46 Million |
| 2003 | 12.27% | 4.42% | 0.94x | 2.96x | $2.35 Million |
| 2004 | 16.31% | 6.70% | 0.78x | 3.12x | $6.87 Million |
| 2005 | 14.96% | 6.03% | 0.77x | 3.22x | $5.65 Million |
| 2006 | 6.48% | 3.29% | 0.73x | 2.71x | $-14.58 Million |
| 2007 | 6.38% | 2.64% | 0.87x | 2.79x | $-14.84 Million |
| 2008 | 15.24% | 7.01% | 0.71x | 3.06x | $25.16 Million |
| 2009 | -17.00% | -5.90% | 0.73x | 3.95x | $-105.54 Million |
| 2010 | 3.68% | 2.31% | 0.66x | 2.41x | $-40.07 Million |
| 2011 | -5.26% | -2.75% | 0.79x | 2.41x | $-91.84 Million |
| 2012 | 4.08% | 1.92% | 1.25x | 1.71x | $-34.02 Million |
| 2013 | -121.99% | -29.86% | 1.67x | 2.45x | $-333.24 Million |
| 2014 | 15.77% | 3.47% | 1.92x | 2.37x | $15.46 Million |
| 2015 | 12.05% | 2.65% | 1.84x | 2.47x | $5.41 Million |
| 2016 | 14.26% | 3.29% | 1.72x | 2.52x | $11.60 Million |
| 2017 | 15.88% | 4.03% | 1.61x | 2.44x | $16.88 Million |
| 2018 | 6.30% | 1.51% | 1.57x | 2.66x | $-10.53 Million |
| 2019 | 32.92% | 16.23% | 1.43x | 1.42x | $91.30 Million |
| 2020 | 5.00% | 1.00% | 1.71x | 2.93x | $-7.83 Million |
| 2021 | 13.09% | 2.69% | 1.87x | 2.61x | $5.36 Million |
| 2022 | 14.06% | 2.89% | 1.65x | 2.95x | $7.02 Million |
| 2023 | 10.35% | 1.99% | 1.77x | 2.93x | $591.90K |
| 2024 | 1.86% | 0.37% | 1.74x | 2.90x | $-13.41 Million |
Industry Comparison
This section compares PGG Wrightson Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $772,489,888
- Average return on equity (ROE) among peers: -12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PGG Wrightson Limited (PGWFF) | $164.73 Million | 12.94% | 1.90x | $31.40 Million |
| All American Pet Co (AAPT) | $-1.12 Million | 0.00% | 0.00x | $0.97 |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.27 Billion |
| ADM Endeavors Inc (ADMQ) | $284.02K | -124.30% | 3.55x | $3.87 Million |
| Amentum Holdings Inc. (AMTM) | $4.55 Billion | -1.80% | 1.63x | $4.20 Billion |
| Anacomp Inc (ANMP) | $101.14 Million | -0.68% | 0.63x | $976.94K |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $5.65 Million | 2.35% | 0.50x | $30.94 Million |
| Applus Services S.A (APLUF) | $642.95 Million | 7.56% | 2.78x | $16.82 Million |
| ARC Document Solutions Inc (ARC) | $-35.01 Million | 0.00% | 0.00x | $110.98 Million |
| Aramark Holdings (ARMK) | $2.75 Billion | -16.80% | 4.72x | $10.51 Billion |
| Atento S.A. (ATTOF) | $-348.87 Million | 0.00% | 0.00x | $945.48 |