Pro-pac Packaging Share Price and Company Fundamentals
Last traded: Last Friday at 1:40 AM
Pro-Pac Packaging Limited, together with its subsidiaries, manufactures and distributes industrial, flexible, and rigid packaging products in Australia and New Zealand. It operates through Flexibles, Industrial, and Rigid segments. The Flexibles segment manufactures flexible packaging materials products, such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. The Industrial segment sources and distributes industrial packaging materials and related consumer products. The Rigid segment manufactures, sources, and distributes containers, closures, and related products and services. It offers corrugated cartons, flexible films, plastic bottles, lids and closures, food processing products, industrial and protective packaging products, strapping and wrapping machines, pallet wrapping machines, safety and PPE products, gloves, and washroom and janitorial products. The company also provides void fill solutions; bags and liners; cleaning supplies; labels and signs. It supplies a range of products and services to produce, food and food processing, and warehousing and logistics, as well as agricultural, industrial, and commercial markets; and retail and FMCG markets. Pro-Pac Packaging Limited was founded in 1987 and is headquartered in Reservoir, Australia.
|Primary activities||Pro-Pac Packaging Limited is a diversified manufacturing and distribution company, providing innovative, flexible and rigid packaging solutions for a broad group of customers. PPG is headquartered in Melbourne.|
|Industry / Sector||Packaging & Containers / Consumer Cyclical|
|Mailing address||83-85 Banbury Road Reservoir VIC 3073 Australia|
|Phone / Fax||61 3 9474 4200 / 61 3 9269 5199|
|Share registry||BOARDROOM PTY LIMITED|
Pro-pac Packaging paid $0.03 dividend and the ex-dividend date was 15 Sept 2021.The dividend payout ratio is 243.36%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PPG dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
PPG's forward dividend amount is $0.06 and the forward dividend yield is 13.75%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on Pro-pac Packaging.
|Mr. Jonathan Peter Ling BEng, FAICD, FIPENZ, M.B.A., MBA||Exec. Chairman||67||182.33k|
|Mr. Darren Brown C.A.||Interim CFO & Director||110.92k|
|Charles Miller||Chief Information Officer|
|Ms. Kathleen Forbes B.A., L.L.B.||Company Sec. & Gen. Counsel|
|Mr. David Chin||Chief Commercial Officer|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Pro-pac Packaging is and its enterprise value is .
The PPG's stocks Beta value is 0.49 making it 51% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Pro-pac Packaging (ASX:PPG) Frequently Asked Questions
1. What is Pro-pac Packaging's Stock Symbol?
Pro-pac Packaging trades on ASX under the ticker symbol "PPG".
2. What is Pro-pac Packaging's stock price today?
One share of PPG stock can currently be purchased for approximately $0.4.
3. How can I contact Pro-pac Packaging?
Pro-pac Packaging's mailing address is 83-85 Banbury Road Reservoir VIC 3073 Australia. The company can be reached via phone at 61 3 9474 4200.
4. What is Pro-pac Packaging's official website?
The official website of Pro-pac Packaging is https://www.ppgaust.com.au.
5. Which share registry manages Pro-pac Packaging's stock?
Pro-pac Packaging's stock is managed by BOARDROOM PTY LIMITED.