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
Perpetual Limited (PPTTF) - Net Assets
Latest net assets as of June 2025: $1.65 Billion USD
Based on the latest financial reports, Perpetual Limited (PPTTF) has net assets worth $1.65 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) and total liabilities ($1.77 Billion). 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 | $1.65 Billion |
| % of Total Assets | 48.18% |
| Annual Growth Rate | 7.59% |
| 5-Year Change | 81.52% |
| 10-Year Change | 171.93% |
| Growth Volatility | 30.61 |
Perpetual Limited - Net Assets Trend (1989–2025)
This chart illustrates how Perpetual 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 Perpetual Limited (1989–2025)
The table below shows the annual net assets of Perpetual Limited from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.65 Billion | -5.43% |
| 2024-06-30 | $1.74 Billion | -26.60% |
| 2023-06-30 | $2.37 Billion | +156.21% |
| 2022-06-30 | $925.80 Million | +2.06% |
| 2021-06-30 | $907.10 Million | +38.63% |
| 2020-06-30 | $654.34 Million | -1.19% |
| 2019-06-30 | $662.24 Million | +0.17% |
| 2018-06-30 | $661.13 Million | +4.22% |
| 2017-06-30 | $634.38 Million | +4.77% |
| 2016-06-30 | $605.52 Million | +3.74% |
| 2015-06-30 | $583.69 Million | +4.91% |
| 2014-06-30 | $556.40 Million | +71.87% |
| 2013-06-30 | $323.74 Million | +15.43% |
| 2012-06-30 | $280.46 Million | -25.43% |
| 2011-06-30 | $376.10 Million | +4.18% |
| 2010-06-30 | $361.02 Million | +24.47% |
| 2009-06-30 | $290.04 Million | -7.75% |
| 2008-06-30 | $314.41 Million | -7.79% |
| 2007-06-30 | $340.96 Million | +3.01% |
| 2006-06-30 | $331.00 Million | -10.54% |
| 2005-06-30 | $370.00 Million | +17.33% |
| 2004-06-30 | $315.36 Million | +9.72% |
| 2003-06-30 | $287.43 Million | +12.01% |
| 2002-06-30 | $256.60 Million | +9.55% |
| 2001-06-30 | $234.24 Million | +1.81% |
| 2000-06-30 | $230.08 Million | +48.98% |
| 1999-06-30 | $154.44 Million | +30.01% |
| 1998-06-30 | $118.79 Million | +3.50% |
| 1997-06-30 | $114.78 Million | +6.38% |
| 1996-06-30 | $107.89 Million | +2.13% |
| 1995-06-30 | $105.64 Million | -1.64% |
| 1994-06-30 | $107.40 Million | -1.79% |
| 1993-06-30 | $109.36 Million | -3.11% |
| 1992-06-30 | $112.87 Million | -8.13% |
| 1991-06-30 | $122.86 Million | -1.82% |
| 1990-06-30 | $125.13 Million | +5.99% |
| 1989-06-30 | $118.06 Million | -- |
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 3352.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.22 Billion | 135.07% |
| Other Comprehensive Income | $223.10 Million | 13.55% |
| 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 |
|---|---|
|
Suven Pharmaceuticals Limited
NSE:SUVENPHAR
|
$1.24 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
$1.24 Billion |
|
Shanghai Bairun Flavor & Fragrance Co Ltd
SHE:002568
|
$1.25 Billion |
|
TerraVest Industries Inc
PINK:TRRVF
|
$1.25 Billion |
|
HARMONIC DRIVE
F:K3R
|
$1.24 Billion |
|
Aisino Corp
SHG:600271
|
$1.24 Billion |
|
Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited
F:2TZ
|
$1.24 Billion |
|
Denka Company Limited
F:DIK
|
$1.24 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 comprehensive income increased equity by 40,200,000.
- Other factors increased equity by 51,400,000.
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 Comprehensive Income | $40.20 Million | +2.44% |
| Other Changes | $51.40 Million | +3.12% |
| 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: 0.82x
- 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 decreased from 13.24x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | $0.91 | $12.11 | x |
| 1990-06-30 | $0.97 | $12.11 | x |
| 1991-06-30 | $0.95 | $12.11 | x |
| 1992-06-30 | $0.87 | $12.11 | x |
| 1993-06-30 | $0.85 | $12.11 | x |
| 1994-06-30 | $0.83 | $12.11 | x |
| 1995-06-30 | $0.82 | $12.11 | x |
| 1996-06-30 | $0.84 | $12.11 | x |
| 1997-06-30 | $0.89 | $12.11 | x |
| 1998-06-30 | $0.92 | $12.11 | x |
| 1999-06-30 | $1.20 | $12.11 | x |
| 2000-06-30 | $1.54 | $12.11 | x |
| 2001-06-30 | $1.81 | $12.11 | x |
| 2002-06-30 | $1.99 | $12.11 | x |
| 2003-06-30 | $2.23 | $12.11 | x |
| 2004-06-30 | $2.44 | $12.11 | x |
| 2005-06-30 | $2.87 | $12.11 | x |
| 2006-06-30 | $2.56 | $12.11 | x |
| 2007-06-30 | $2.64 | $12.11 | x |
| 2008-06-30 | $2.43 | $12.11 | x |
| 2009-06-30 | $2.25 | $12.11 | x |
| 2010-06-30 | $2.78 | $12.11 | x |
| 2011-06-30 | $2.84 | $12.11 | x |
| 2012-06-30 | $2.08 | $12.11 | x |
| 2013-06-30 | $3.05 | $12.11 | x |
| 2014-06-30 | $4.70 | $12.11 | x |
| 2015-06-30 | $12.64 | $12.11 | x |
| 2016-06-30 | $13.04 | $12.11 | x |
| 2017-06-30 | $13.58 | $12.11 | x |
| 2018-06-30 | $14.09 | $12.11 | x |
| 2019-06-30 | $14.03 | $12.11 | x |
| 2020-06-30 | $13.79 | $12.11 | x |
| 2021-06-30 | $15.87 | $12.11 | x |
| 2022-06-30 | $7.17 | $12.11 | x |
| 2023-06-30 | $18.37 | $12.11 | x |
| 2024-06-30 | $15.52 | $12.11 | x |
| 2025-06-30 | $14.75 | $12.11 | 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: -251.95%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.08x
- Recent ROE (-3.53%) is below the historical average (16.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -8.45% | 0.00% | 0.00x | 1.19x | $-21.78 Million |
| 1990 | -5.22% | 0.00% | 0.00x | 1.19x | $-19.04 Million |
| 1997 | 18.74% | 0.00% | 0.00x | 1.28x | $10.03 Million |
| 1998 | 21.12% | 0.00% | 0.00x | 1.33x | $13.21 Million |
| 1999 | -0.17% | 0.00% | 0.00x | 1.86x | $-15.71 Million |
| 2000 | -0.29% | 0.00% | 0.00x | 1.79x | $-20.42 Million |
| 2001 | 22.61% | 0.00% | 0.00x | 1.58x | $29.54 Million |
| 2002 | 29.46% | 32.08% | 0.55x | 1.68x | $49.92 Million |
| 2003 | 27.21% | 30.79% | 0.59x | 1.50x | $49.46 Million |
| 2004 | 28.66% | 29.44% | 0.67x | 1.44x | $58.85 Million |
| 2005 | 32.30% | 34.95% | 0.64x | 1.45x | $82.52 Million |
| 2006 | 40.88% | 33.62% | 0.32x | 3.86x | $102.22 Million |
| 2007 | 53.41% | 34.87% | 0.24x | 6.32x | $148.01 Million |
| 2008 | 41.07% | 21.69% | 0.25x | 7.56x | $97.45 Million |
| 2009 | 13.02% | 7.98% | 0.21x | 7.83x | $8.76 Million |
| 2010 | 25.18% | 18.41% | 0.25x | 5.40x | $54.57 Million |
| 2011 | 16.95% | 12.42% | 0.31x | 4.41x | $25.43 Million |
| 2012 | 9.95% | 6.81% | 0.31x | 4.67x | $-140.80K |
| 2013 | 15.48% | 15.66% | 0.39x | 2.55x | $21.58 Million |
| 2014 | 13.44% | 18.44% | 0.39x | 1.85x | $20.91 Million |
| 2015 | 20.98% | 24.73% | 0.44x | 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 | 8.25% | 12.01% | 0.39x | 1.78x | $-15.84 Million |
| 2022 | 10.93% | 13.08% | 0.44x | 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% | -251.95% | 0.01x | 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: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perpetual Limited (PPTTF) | $1.65 Billion | -8.45% | 1.08x | $1.24 Billion |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |