PRO-PAC PACKAGING LIMITED (PPG)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!


General Information
Company Name: PRO-PAC Packaging Limited
Stock Code: PPG
Website: www.ppgaust.com.au
GICS Sub-Industry: Paper Packaging
Market Cap ($M): 101
Equiv. Shares (M): 211

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.470 $ 0.480 $ 0.480 $ 0.470 $ 0.480 72,637 $ -0.010  -2.083 %

Company Overview

Business Description:
Pro-Pac Packaging Limited (PPG) is a manufacturer, importer and supplier of one-stop packaging solutions and services for a range of corporate customers throughout Australia. The company operates two main divisions, namely, industrial packaging and rigid packaging.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 5.8 3.6 -2.7 12.2 2.0 4.6 100.0
2011  A 5.0 3.7 -9.8 8.6 2.0 6.2 100.0
2010  A 5.1 4.1 115.8 6.1 2.0 8.0 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Amcor (AMC) $12,163 M 0.1233 0.0566 0.0808 19.5538 18.5056 17.1225 0.0367 0.0397 0.0432
PRO-PAC Packaging (PPG) $109 M -0.0347 -- -- 14.2659 -- -- 0.0388 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
PPG 0.76 13.3 1.05 -- 0.58
Market 1.08 13.3 0.91 2.59 2.57
Sector 0.59 9.02 0.70 2.13 7.50

Directors
Name Position Start Date
Mr Brandon Penn Executive Director,Chief Executive Officer 16 August 2007
Mr Elliott G Kaplan Non-Executive Chairman 16 February 2005
Dr Gary Hilton Weiss Non-Executive Director 28 May 2012

Management
Name Position
Mark Saus Chief Finance Officer,Company Secretary

Substantial Shareholders
Holding Name
24,438,842 (11.58%) Brandon Penn
101,706,266 (48.20%) Benammon Pty Limited

Calendar of Events
Date Event
24 February 2014 Report (Interim)
25 October 2013 Report (Annual)
26 September 2013 Report (Annual)
28 August 2013 Report (Prelim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Debt Relief

An educational booklet to help you take control of your debts and look to get back on track.

More details...

News

Killing a golden goose

The Age 22/05/2013 | A piece of broker research came out last week that described the budget as a sensible one but an almost suicidal one for a government four months out from an election. Instead of trying to buy votes, it seemed intent instead on putting as many noses out of joint as it possibly could.

Tinkering undermines the system

The Age 22/05/2013 | In last week's budget, the government missed what will probably be its last opportunity to make the superannuation system fairer and more sustainable. While the government made some tough decisions, such as reneging on promised tax cuts, one of the fastest-growing expenses is the tax concessions for superannuation.

Exposure appeals as recession looms

The Age 22/05/2013 | What chance recession?

The cuts are now personal Grinding out the numbers

The Age 22/05/2013 | Baby, forget the bonus. With tax concessions gone the federal government's budget could also affect your health, writes John Collett.

The mother of all super shortfalls

The Age 22/05/2013 | Last week's budget was a bit of aho-hum affair on many levels related to superannuation, because most of the changes to the system had been announced back in April. The transfer of the Baby Bonus into an extra (reduced) payment for families eligible for Family Tax Benefit Part A, has drawn the light fairly and squarely on the costs of bearing and raising children. The recent debate about the opposition's Paid Parental Scheme versus the government's less-generous scheme has added fuel to the fire.

Tradies call for rescue after builder collapse

The Age 22/05/2013 | Tradies caught out by the collapse of National Buildplan Group have called for a financial "rescue" package and an investigation into the failure of the company.

More...


Sponsored Links

Feedback Form