Winpak Ltd. (WPK) - Net Assets
Based on the latest financial reports, Winpak Ltd. (WPK) has net assets worth CA$1.32 Billion CAD (≈ $955.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.56 Billion ≈ $1.13 Billion USD) and total liabilities (CA$239.81 Million ≈ $173.48 Million 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 WPK asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.32 Billion |
| % of Total Assets | 84.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | 18.34% |
| 10-Year Change | 81.55% |
| Growth Volatility | 7.89 |
Winpak Ltd. - Net Assets Trend (1993–2025)
This chart illustrates how Winpak Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore WPK current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Winpak Ltd. (1993–2025)
The table below shows the annual net assets of Winpak Ltd. from 1993 to 2025. For live valuation and market cap data, see market value of Winpak Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.32 Billion ≈ $955.12 Million |
+2.84% |
| 2024-12-31 | CA$1.28 Billion ≈ $928.73 Million |
-7.21% |
| 2023-12-31 | CA$1.38 Billion ≈ $1.00 Billion |
+11.69% |
| 2022-12-31 | CA$1.24 Billion ≈ $896.11 Million |
+11.03% |
| 2021-12-31 | CA$1.12 Billion ≈ $807.11 Million |
-4.40% |
| 2020-12-31 | CA$1.17 Billion ≈ $844.22 Million |
+9.50% |
| 2019-12-31 | CA$1.07 Billion ≈ $770.96 Million |
+12.43% |
| 2018-12-31 | CA$947.90 Million ≈ $685.70 Million |
+12.38% |
| 2017-12-31 | CA$843.46 Million ≈ $610.15 Million |
+15.98% |
| 2016-12-31 | CA$727.27 Million ≈ $526.10 Million |
+16.66% |
| 2015-12-31 | CA$623.39 Million ≈ $450.95 Million |
+3.66% |
| 2014-12-31 | CA$601.39 Million ≈ $435.03 Million |
+1.48% |
| 2013-12-31 | CA$592.61 Million ≈ $428.69 Million |
+14.83% |
| 2012-12-31 | CA$516.09 Million ≈ $373.33 Million |
+13.77% |
| 2011-12-31 | CA$453.62 Million ≈ $328.14 Million |
+2.26% |
| 2010-12-31 | CA$443.60 Million ≈ $320.90 Million |
+13.82% |
| 2009-12-31 | CA$389.76 Million ≈ $281.94 Million |
+20.36% |
| 2008-12-31 | CA$323.83 Million ≈ $234.25 Million |
-2.95% |
| 2007-12-31 | CA$333.66 Million ≈ $241.37 Million |
+17.12% |
| 2006-12-31 | CA$284.89 Million ≈ $206.08 Million |
+10.95% |
| 2005-12-31 | CA$256.77 Million ≈ $185.74 Million |
+10.21% |
| 2004-12-31 | CA$232.98 Million ≈ $168.53 Million |
+16.21% |
| 2003-12-31 | CA$200.48 Million ≈ $145.02 Million |
+31.17% |
| 2002-12-31 | CA$152.84 Million ≈ $110.57 Million |
+20.23% |
| 2001-12-31 | CA$127.13 Million ≈ $91.97 Million |
+9.57% |
| 2000-12-31 | CA$116.03 Million ≈ $83.93 Million |
+12.81% |
| 1999-12-31 | CA$102.85 Million ≈ $74.40 Million |
+17.93% |
| 1998-12-31 | CA$87.21 Million ≈ $63.09 Million |
+8.22% |
| 1997-12-31 | CA$80.59 Million ≈ $58.30 Million |
+6.50% |
| 1996-12-31 | CA$75.67 Million ≈ $54.74 Million |
+9.99% |
| 1995-12-31 | CA$68.79 Million ≈ $49.76 Million |
+179.07% |
| 1994-12-31 | CA$-87.00 Million ≈ $-62.93 Million |
-13.43% |
| 1993-12-31 | CA$-76.70 Million ≈ $-55.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Winpak 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 128836143100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.26 Billion | 97.92% |
| Common Stock | CA$26.30 Million | 2.05% |
| Other Comprehensive Income | CA$493.10K | 0.04% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$1.29 Billion | 100.00% |
Winpak Ltd. Competitors by Market Cap
The table below lists competitors of Winpak Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YY Inc Class A
NASDAQ:YY
|
$1.71 Billion |
|
Beijing Capital Development Co Ltd
SHG:600376
|
$1.71 Billion |
|
Sunwave Communications Co Ltd
SHE:002115
|
$1.71 Billion |
|
Eramet SA
PA:ERA
|
$1.71 Billion |
|
Peugeot Invest SA
PA:PEUG
|
$1.71 Billion |
|
Shanghai Weaver Network Co Ltd
SHG:603039
|
$1.71 Billion |
|
Camel Group Co Ltd
SHG:601311
|
$1.71 Billion |
|
Central Garden & Pet Company A
NASDAQ:CENTA
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winpak Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,248,658,000 to 1,285,354,582, a change of 36,696,582 (2.9%).
- Net income of 139,426,747 contributed positively to equity growth.
- Dividend payments of 142,265,588 reduced retained earnings.
- Share repurchases of 81,750,464 reduced equity.
- Other comprehensive income increased equity by 3,667,100.
- Other factors increased equity by 117,618,787.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$139.43 Million | +10.85% |
| Dividends Paid | CA$142.27 Million | -11.07% |
| Share Repurchases | CA$81.75 Million | -6.36% |
| Other Comprehensive Income | CA$3.67 Million | +0.29% |
| Other Changes | CA$117.62 Million | +9.15% |
| Total Change | CA$- | 2.94% |
Book Value vs Market Value Analysis
This analysis compares Winpak 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: 1.91x
- 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 |
|---|---|---|---|
| 1993-12-31 | CA$-1.18 | CA$40.29 | x |
| 1994-12-31 | CA$-1.34 | CA$40.29 | x |
| 1995-12-31 | CA$1.06 | CA$40.29 | x |
| 1996-12-31 | CA$1.16 | CA$40.29 | x |
| 1997-12-31 | CA$1.24 | CA$40.29 | x |
| 1998-12-31 | CA$1.33 | CA$40.29 | x |
| 1999-12-31 | CA$1.51 | CA$40.29 | x |
| 2000-12-31 | CA$1.69 | CA$40.29 | x |
| 2001-12-31 | CA$1.85 | CA$40.29 | x |
| 2002-12-31 | CA$2.22 | CA$40.29 | x |
| 2003-12-31 | CA$2.93 | CA$40.29 | x |
| 2004-12-31 | CA$3.42 | CA$40.29 | x |
| 2005-12-31 | CA$3.78 | CA$40.29 | x |
| 2006-12-31 | CA$4.21 | CA$40.29 | x |
| 2007-12-31 | CA$4.96 | CA$40.29 | x |
| 2008-12-31 | CA$4.77 | CA$40.29 | x |
| 2009-12-31 | CA$5.75 | CA$40.29 | x |
| 2010-12-31 | CA$6.58 | CA$40.29 | x |
| 2011-12-31 | CA$6.74 | CA$40.29 | x |
| 2012-12-31 | CA$7.70 | CA$40.29 | x |
| 2013-12-31 | CA$8.87 | CA$40.29 | x |
| 2014-12-31 | CA$8.99 | CA$40.29 | x |
| 2015-12-31 | CA$9.30 | CA$40.29 | x |
| 2016-12-31 | CA$10.86 | CA$40.29 | x |
| 2017-12-31 | CA$12.59 | CA$40.29 | x |
| 2018-12-31 | CA$14.16 | CA$40.29 | x |
| 2019-12-31 | CA$15.92 | CA$40.29 | x |
| 2020-12-31 | CA$17.44 | CA$40.29 | x |
| 2021-12-31 | CA$16.61 | CA$40.29 | x |
| 2022-12-31 | CA$18.50 | CA$40.29 | x |
| 2023-12-31 | CA$20.77 | CA$40.29 | x |
| 2024-12-31 | CA$19.80 | CA$40.29 | x |
| 2025-12-31 | CA$21.06 | CA$40.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winpak Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.18%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.21x
- Recent ROE (10.85%) is below the historical average (11.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.03 Million |
| 1994 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.00 Million |
| 1995 | 10.98% | 3.66% | 1.64x | 1.82x | CA$674.73K |
| 1996 | 12.05% | 4.29% | 1.64x | 1.72x | CA$1.55 Million |
| 1997 | 10.33% | 3.97% | 1.35x | 1.93x | CA$265.83K |
| 1998 | 12.14% | 4.79% | 1.32x | 1.92x | CA$1.83 Million |
| 1999 | 11.71% | 4.44% | 1.29x | 2.05x | CA$1.68 Million |
| 2000 | 14.16% | 5.52% | 1.25x | 2.06x | CA$4.56 Million |
| 2001 | 13.02% | 5.49% | 1.18x | 2.01x | CA$3.63 Million |
| 2002 | 19.03% | 8.81% | 1.19x | 1.82x | CA$13.05 Million |
| 2003 | 14.20% | 6.78% | 1.28x | 1.63x | CA$7.99 Million |
| 2004 | 11.73% | 6.59% | 1.07x | 1.66x | CA$3.84 Million |
| 2005 | 9.41% | 5.30% | 1.18x | 1.50x | CA$-1.46 Million |
| 2006 | 11.90% | 7.29% | 1.16x | 1.41x | CA$5.20 Million |
| 2007 | 7.43% | 5.13% | 1.06x | 1.37x | CA$-8.30 Million |
| 2008 | 9.48% | 5.73% | 1.23x | 1.35x | CA$-1.62 Million |
| 2009 | 11.47% | 8.48% | 1.05x | 1.29x | CA$5.50 Million |
| 2010 | 12.28% | 9.07% | 1.06x | 1.28x | CA$9.77 Million |
| 2011 | 14.57% | 9.78% | 1.15x | 1.30x | CA$20.01 Million |
| 2012 | 14.46% | 10.80% | 1.06x | 1.27x | CA$22.34 Million |
| 2013 | 12.39% | 9.99% | 1.00x | 1.24x | CA$13.75 Million |
| 2014 | 13.41% | 9.96% | 1.07x | 1.26x | CA$19.93 Million |
| 2015 | 16.42% | 12.45% | 1.04x | 1.27x | CA$38.81 Million |
| 2016 | 14.79% | 12.69% | 0.94x | 1.24x | CA$33.78 Million |
| 2017 | 14.58% | 13.45% | 0.91x | 1.19x | CA$37.46 Million |
| 2018 | 11.84% | 12.24% | 0.82x | 1.18x | CA$16.90 Million |
| 2019 | 11.09% | 13.13% | 0.72x | 1.17x | CA$11.29 Million |
| 2020 | 9.38% | 12.47% | 0.64x | 1.18x | CA$-7.03 Million |
| 2021 | 9.62% | 10.36% | 0.76x | 1.22x | CA$-4.15 Million |
| 2022 | 10.67% | 10.87% | 0.81x | 1.22x | CA$8.07 Million |
| 2023 | 10.97% | 12.98% | 0.73x | 1.16x | CA$13.13 Million |
| 2024 | 11.97% | 13.22% | 0.69x | 1.32x | CA$24.59 Million |
| 2025 | 10.85% | 12.18% | 0.73x | 1.21x | CA$10.89 Million |
Industry Comparison
This section compares Winpak Ltd.'s net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,007,065,068
- Average return on equity (ROE) among peers: 11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winpak Ltd. (WPK) | CA$1.32 Billion | 0.00% | 0.18x | $1.71 Billion |
| Cascades Inc. (CAS) | $1.60 Billion | 31.67% | 1.74x | $791.49 Million |
| CCL Industries Inc (CCL-B) | $3.75 Billion | 15.99% | 1.04x | $9.92 Billion |
| Imaflex Inc (IFX) | $28.42 Million | 12.49% | 0.89x | $88.17 Million |
| NEXE Innovations Inc (NEXE) | $33.60 Million | -19.44% | 0.09x | $13.72 Million |
| Supremex Inc. (SXP) | $82.34 Million | 17.72% | 0.61x | $64.10 Million |
| Transcontinental Inc (TCL-A) | $1.07 Billion | 13.69% | 0.93x | $286.82 Million |
| Transcontinental Inc (TCL-B) | $488.40 Million | 8.62% | 1.36x | $47.59 Million |
About Winpak Ltd.
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. It operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device pack… Read more