Pro-pac Packaging Share Price and Company Fundamentals



Price
$0.2
Change
0.000 (0.000%)
52 week
0.135 - 0.245

Last traded: Today at 5:23 AM

Pro-Pac Packaging Limited, together with its subsidiaries, engages in the manufacture and distribution of industrial, flexible, and rigid packaging products in Australia, New Zealand, and Canada. 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 cartons, flexible films, plastic bottles, lids and closures, food processing products, packaging products to the fresh produce industry, industrial and protective packaging products, strapping and wrapping, and pallet wrapping machines, safety and PPE products, washroom and janitorial products. The company also provides void fill solutions; bags and liners; cleaning supplies; labels and warehouse products; and sign products. It supplies a range of products and services to industry segments comprising primary 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.

Key Metrics

PE ratio

25.00

PB ratio

1.13

Dividend yield

3.00%

Beta

0.41

Market cap

$162.22M

Enterprise value

$272.94M

Company profile

Primary activitiesPro-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 / SectorPackaging & Containers / Consumer Cyclical
Websitehttp://www.ppgaust.com.au
Mailing address83-85 Banbury Road Reservoir VIC 3073 Australia
Phone / Fax61 3 9474 4200 / 61 3 9269 5199
Share registryBOARDROOM PTY LIMITED

Dividends

More: Pro-pac Packaging Dividend history, yield and payout ratio

Dividend yield

3.00%

Dividend amount

$0.01

Payout ratio

50.63%

Pro-pac Packaging paid $0.01 dividend and the ex-dividend date was 17 Mar 2021.The dividend payout ratio is 50.63%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PPG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PPG's forward dividend amount is $0.01 and the forward dividend yield is 3.25%. 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.

Company Executives

As of May 2021, following are the company executives and directors listed on Pro-pac Packaging.

NameTitleAgeTotal Pay
Mr. Timothy Andrew WelshCEO, MD & Director1.08M
Ms. Iona MacPherson C.A., BAdmin (Acc), CA, MAICDChief Financial Officer212.62k
Charles MillerChief Information Officer
Ms. Kathleen Forbes B.A., L.L.B.Company Sec. & Gen. Counsel
Mr. David ChinChief Commercial Officer

Profitability and management effectiveness

Profit margin

1.40%

Operating margin

2.55%

Return on assets

1.97%

Return on equity

4.54%

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 162.22M and its enterprise value is 272.94M. The enterprise value to revenue ratio of PPG is 0.59.

The PPG's stocks Beta value is 0.41 making it 59% 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.

Companies similar to Pro-pac Packaging (PPG)

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 $0.2.

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 http://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.