PRO-PAC Packaging (ASX:PPG) ROCE %: -63.70% (As of Dec. 2024)


ASX:PPG PRO-PAC Packaging Ltd ASX:PPG
8 GF Score
Price A$0.02
View Full Analysis

What is PRO-PAC Packaging ROCE %?

PRO-PAC Packaging ASX:PPG 8 ROCE % is -63.70% as of Dec. 2024. GuruFocus rates ASX:PPG with a GF Score™ of 8/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PRO-PAC Packaging's annualized ROCE % for the quarter that ended in Dec. 2024 was -63.70%.

PRO-PAC Packaging  (ASX:PPG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PRO-PAC Packaging ROCE % Related Terms

PRO-PAC Packaging ROCE % Historical Data

* Premium members only.

The historical data trend for PRO-PAC Packaging's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PRO-PAC Packaging ROCE % Chart

PRO-PAC Packaging Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 5.57 -18.00 -4.66 -30.27

PRO-PAC Packaging Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.60 -4.68 -3.22 -59.41 -63.70
ASX:PPG
8GF Score
PRO-PAC Packaging Ltd ASX:PPG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PRO-PAC Packaging ROCE % Calculation

PRO-PAC Packaging's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-43.964/( ( (267.212 - 100.012) + (237.335 - 114.01) )/ 2 )
=-43.964/( (167.2+123.325)/ 2 )
=-43.964/145.2625
=-30.27 %

PRO-PAC Packaging's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-66.786/( ( (237.335 - 114.01) + (208.183 - 121.829) )/ 2 )
=-66.786/( ( 123.325 + 86.354 )/ 2 )
=-66.786/104.8395
=-63.70 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -63.70% mean?
PRO-PAC Packaging (ASX:PPG) has a ROCE % of -63.70% as of Dec. 2024.
Is PRO-PAC Packaging's ROCE % too high?
PRO-PAC Packaging's current ROCE % is -63.70%. Overall, PRO-PAC Packaging has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PRO-PAC Packaging's ROCE % compare to IP and SW?
PRO-PAC Packaging's ROCE % of -63.70% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.18, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Packaging & Containers industry, the median ROCE % is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PRO-PAC Packaging's current ROCE % is -63.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO-PAC Packaging stock overvalued right now?
PRO-PAC Packaging (ASX:PPG) has a current ROCE % of -63.70%. The current ROCE % is -63.70%. PRO-PAC Packaging's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PRO-PAC Packaging (ASX:PPG), the current ROCE % is -63.70% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PRO-PAC Packaging Business Description

Address 83-85 Banbury Road, Reservoir, Melbourne, VIC, AUS, 3073
PRO-PAC Packaging Ltd is engaged in the manufacture and distribution of flexible, industrial, and rigid packaging products. The company's operating segment includes Flexibles; Specialty; and Unallocated. It generates maximum revenue from the Flexibles segment. The Flexibles packaging segment manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand.
8GF Score

Get the complete analysis for ASX:PPG

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.02
Price