PPK Group Limited (PPK) AI Stock Analysis

• Market Cap: AU$36.14M
• Dividend Yield: N/A
• Average Volume (3M): 33.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.85
• Revenue Growth: -13.93%
• EPS Growth: -209.39%
• Country: AU
• Employees: 421
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): -0.20
• Shares Outstanding: 90,812,500
• 10 Day Avg. Volume: 36,423
• 30 Day Avg. Volume: 33,096
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 0.91
• P/FCF Ratio: -2.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: AU$0.37 ▼(-8.75% Downside)

PPK Group Limited's overall stock score is primarily impacted by its weak financial performance and valuation metrics. The company faces significant operational inefficiencies and negative cash flow, which are reflected in its low financial performance score. Technical analysis indicates bearish momentum, further weighing down the score. The lack of profitability and absence of a dividend yield make the stock less attractive from a valuation standpoint.

Positive Factors

Stable Capital Structure

A stable capital structure with low leverage provides financial flexibility and reduces risk, supporting long-term business sustainability.

Revenue Streams

Diverse revenue streams from multiple sectors enhance resilience against market fluctuations and support steady growth.

Repeat Business

Strong customer relationships and repeat business ensure consistent revenue flow, aiding in long-term financial stability.

Negative Factors

Negative Profitability

Negative profitability and cash flow issues can hinder reinvestment in growth opportunities and impact long-term viability.

Operational Inefficiencies

Operational inefficiencies reduce profitability and competitiveness, necessitating improvements for sustainable growth.

Declining Revenue Growth

Declining revenue growth signals potential market share loss and challenges in maintaining competitive positioning.

PPK Group Limited Business Overview & Revenue Model

Company Description

PPK Group Limited, together with its subsidiaries, manufactures and sells boron nitride nanotubes in Australia. It also offers lithium sulphur batteries, white graphene, and body armour; and digital platform for proactive road safety analytics and management. The company was formerly known as Plaspak Group Limited and changed its name to PPK Group Limited in September 2006. The company was founded in 1979 and is headquartered in Brisbane, Australia.

How the Company Makes Money

PPK generates revenue through several key streams, primarily from the sale of its advanced materials and manufacturing products. The company has established significant partnerships within the mining and industrial sectors, allowing it to provide tailored solutions that meet specific client needs. Additionally, PPK earns income through the provision of technology services, including consulting and support for the implementation of its products. The company also benefits from ongoing contracts and repeat business with existing customers, which contribute to its financial stability and growth.

PPK Group Limited Financial Statement Overview

Summary

PPK Group Limited is facing significant financial challenges, with negative profitability and cash flow metrics. The balance sheet shows a stable capital structure with low leverage, but the company needs to address operational inefficiencies and improve cash flow generation.

Income Statement

PPK Group Limited has experienced declining revenue growth and negative profit margins over the past few years. The gross profit margin has been relatively stable, but the company has struggled with negative EBIT and net profit margins, indicating operational inefficiencies and challenges in achieving profitability.

Balance Sheet

The company's debt-to-equity ratio is relatively low, suggesting a conservative leverage position. However, the return on equity is negative, reflecting the company's inability to generate positive returns for shareholders. The equity ratio is reasonable, indicating a stable capital structure.

Cash Flow

PPK Group Limited has faced challenges with negative operating and free cash flows, impacting its ability to generate cash from operations. The free cash flow to net income ratio is positive, suggesting that despite losses, the company manages to convert some of its net income into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.26M	24.26M	28.19M	6.35M	1.65M	0.00
Gross Profit	6.39M	7.11M	8.02M	2.91M	1.65M	-66.00K
EBITDA	-36.58M	-12.88M	-12.26M	-10.58M	-2.04M	-5.91M
Net Income	-21.55M	-21.55M	-10.74M	-7.82M	-2.56M	-5.48M
Balance Sheet
Total Assets	73.60M	73.60M	122.85M	135.58M	120.98M	96.60M
Cash, Cash Equivalents and Short-Term Investments	5.06M	5.06M	30.35M	40.00M	53.01M	30.36M
Total Debt	9.88M	9.88M	10.41M	9.67M	4.06M	399.00K
Total Liabilities	28.51M	28.51M	28.93M	29.87M	8.39M	8.34M
Stockholders Equity	41.93M	41.93M	67.74M	75.58M	81.51M	76.65M
Cash Flow
Free Cash Flow	-7.41M	-8.48M	-18.49M	-16.68M	-15.53M	-5.47M
Operating Cash Flow	-5.83M	-6.90M	-9.91M	-9.55M	-7.83M	-2.39M
Investing Cash Flow	-17.89M	-16.81M	-2.53M	-3.73M	-3.81M	-6.41M
Financing Cash Flow	421.00K	421.00K	793.00K	272.00K	34.28M	34.37M

PPK Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PPK, the sentiment is Positive. The current price of 0.4 is above the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.44, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.22 is Neutral, neither overbought nor oversold. The STOCH value of 44.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PPK.

PPK Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RDG	74 Outperform	―	―	―	―	66.22%	20.83%
WWG	71 Outperform	AU$44.68M	9.92	20.77%	3.85%	66.80%	625.00%
IPG	70 Outperform	AU$424.75M	16.19	16.64%	3.08%	22.13%	9.16%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DEM	53 Neutral	AU$35.55M	-15.71	-16.00%	―	11.53%	46.15%
AVA	48 Neutral	AU$20.06M	-3.11	-25.77%	―	4.84%	-12.12%
PPK	42 Neutral	AU$36.14M	-1.07	-51.10%	―	-13.93%	-209.39%

PPK Group Limited Corporate Events

PPK Group Limited Secures Strong Shareholder Support at AGM

PPK Group Limited announced that all resolutions at its Annual General Meeting were successfully passed, indicating strong shareholder support. This outcome is expected to positively impact the company’s strategic direction and reinforce its position in the market, benefiting stakeholders and aligning with its growth objectives.

PPK Group Limited Announces Strategic Market Repositioning and Strong Performance

PPK Group Limited announced its strategic pivot to refine its market position by reconciling assets and redefining its business model. The company reported significant achievements, including the divestment of AMAG, deconsolidation of LIS, and a notable performance by Craig International Ballistics, which generated $48 million in revenue. Despite a slight dip in PowerPlus Energy’s revenue, the company maintains a strong market share. The nanomaterial merger aims to support commercialization efforts, although risks remain.

PPK Group Limited Issues 501,087 Performance Rights

PPK Group Limited has announced the issuance of 501,087 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and stakeholder engagement.

Li-S Energy Secures $7.8 Million ARENA Grant for Battery Manufacturing Expansion

Li-S Energy Limited, partially owned by PPK Group Limited, has secured a $7.8 million grant from the Australian Renewable Energy Agency (ARENA) to support the development of a large-scale lithium-sulfur battery cell manufacturing facility. This funding aims to enhance Australia’s battery manufacturing capabilities, aligning with the country’s energy storage strategy and supporting the transition to renewable energy by increasing energy density and reducing costs.

PPK Group Deconsolidates White Graphene Ltd to Streamline Operations

PPK Group Limited has announced the deconsolidation of White Graphene Ltd after reducing its shareholding to 39.38%, thus relinquishing control. This move aligns with PPK’s strategy to simplify financial accounts and provide White Graphene with greater independence to pursue its commercial goals. The deconsolidation will lead to the derecognition of WGL’s assets and liabilities from PPK’s accounts, with the remaining investment re-measured at fair value.

PPK Group Limited Releases 2025 Annual Report

PPK Group Limited has released its Annual Report for the year ended 30 June 2025. The report includes various sections such as the Chair’s Report, Directors’ Report, and Environmental, Social and Governance (ESG) Report, among others. This comprehensive document provides insights into the company’s financial performance, governance practices, and strategic direction. The release of this report is crucial for stakeholders as it offers transparency into the company’s operations and future outlook.