Adore Beauty Group Ltd (ABY) - Net Assets
Based on the latest financial reports, Adore Beauty Group Ltd (ABY) has net assets worth AU$40.26 Million AUD (≈ $28.49 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$83.81 Million ≈ $59.30 Million USD) and total liabilities (AU$43.55 Million ≈ $30.81 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ABY asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$40.26 Million |
| % of Total Assets | 48.04% |
| Annual Growth Rate | 67.11% |
| 5-Year Change | 17.52% |
| 10-Year Change | N/A |
| Growth Volatility | 176.94 |
Adore Beauty Group Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Adore Beauty Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Adore Beauty Group Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Adore Beauty Group Ltd (2016–2024)
The table below shows the annual net assets of Adore Beauty Group Ltd from 2016 to 2024. For live valuation and market cap data, see Adore Beauty Group Ltd (ABY) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$40.26 Million ≈ $28.49 Million |
+1.55% |
| 2023-12-31 | AU$39.65 Million ≈ $28.05 Million |
+9.47% |
| 2022-12-31 | AU$36.22 Million ≈ $25.63 Million |
-2.95% |
| 2021-12-31 | AU$37.32 Million ≈ $26.40 Million |
+8.93% |
| 2020-12-31 | AU$34.26 Million ≈ $24.24 Million |
+123.04% |
| 2019-12-31 | AU$15.36 Million ≈ $10.87 Million |
+545.21% |
| 2018-12-31 | AU$2.38 Million ≈ $1.68 Million |
+20.06% |
| 2017-12-31 | AU$1.98 Million ≈ $1.40 Million |
+199.60% |
| 2016-12-31 | AU$661.88K ≈ $468.32K |
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Equity Component Analysis
This analysis shows how different components contribute to Adore Beauty Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 571.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$4.45 Million | 11.04% |
| Common Stock | AU$102.78 Million | 255.28% |
| Other Comprehensive Income | AU$-66.96 Million | -166.32% |
| Total Equity | AU$40.26 Million | 100.00% |
Adore Beauty Group Ltd Competitors by Market Cap
The table below lists competitors of Adore Beauty Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xali Gold Corp
V:XGC
|
$25.27 Million |
|
Aware Inc
NASDAQ:AWRE
|
$25.27 Million |
|
Radiant Innovation
TWO:3373
|
$25.28 Million |
|
Moorim SP Co. Ltd
KQ:001810
|
$25.29 Million |
|
AJ Bell plc
LSE:AJB
|
$25.25 Million |
|
Anteotech Ltd
AU:ADO
|
$25.24 Million |
|
Investcorp Credit Management BDC Inc
NASDAQ:ICMB
|
$25.23 Million |
|
Ridgetech, Inc.
NASDAQ:RDGT
|
$25.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adore Beauty Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,646,000 to 40,261,000, a change of 615,000 (1.6%).
- Net income of 761,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 270,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$761.00K | +1.89% |
| Other Comprehensive Income | AU$-270.00K | -0.67% |
| Other Changes | AU$124.00K | +0.31% |
| Total Change | AU$- | 1.55% |
Book Value vs Market Value Analysis
This analysis compares Adore Beauty Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 54.04x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | AU$0.01 | AU$0.38 | x |
| 2017-12-31 | AU$0.02 | AU$0.38 | x |
| 2018-12-31 | AU$0.03 | AU$0.38 | x |
| 2019-12-31 | AU$0.16 | AU$0.38 | x |
| 2020-12-31 | AU$0.36 | AU$0.38 | x |
| 2021-12-31 | AU$0.39 | AU$0.38 | x |
| 2022-12-31 | AU$0.39 | AU$0.38 | x |
| 2023-12-31 | AU$0.42 | AU$0.38 | x |
| 2024-12-31 | AU$0.41 | AU$0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adore Beauty Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.38%
- • Asset Turnover: 2.37x
- • Equity Multiplier: 2.08x
- Recent ROE (1.89%) is below the historical average (31.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 148.12% | 3.50% | 6.30x | 6.71x | AU$914.16K |
| 2017 | 84.27% | 3.17% | 5.26x | 5.06x | AU$1.47 Million |
| 2018 | 39.95% | 1.30% | 6.08x | 5.05x | AU$713.12K |
| 2019 | -8.00% | -1.01% | 3.06x | 2.58x | AU$-2.77 Million |
| 2020 | 2.47% | 0.47% | 3.18x | 1.65x | AU$-2.58 Million |
| 2021 | 6.37% | 1.19% | 3.37x | 1.59x | AU$-1.35 Million |
| 2022 | -1.54% | -0.31% | 2.92x | 1.72x | AU$-4.18 Million |
| 2023 | 5.49% | 1.11% | 2.89x | 1.71x | AU$-1.79 Million |
| 2024 | 1.89% | 0.38% | 2.37x | 2.08x | AU$-3.27 Million |
Industry Comparison
This section compares Adore Beauty Group Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $312,697,556
- Average return on equity (ROE) among peers: 12.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adore Beauty Group Ltd (ABY) | AU$40.26 Million | 148.12% | 1.08x | $25.26 Million |
| Adairs Ltd (ADH) | $5.70 Million | -6.20% | 0.03x | $158.10 Million |
| Bapcor Ltd (BAP) | $642.35 Million | 14.74% | 0.91x | $135.69 Million |
| Baby Bunting Group Ltd (BBN) | $100.62 Million | 1.69% | 2.30x | $132.69 Million |
| Beacon Lighting Group Ltd (BLX) | $42.51 Million | 23.21% | 0.70x | $243.41 Million |
| Cash Converters International (CCV) | $260.84 Million | 7.90% | 0.53x | $150.61 Million |
| Dusk Group Ltd (DSK) | $31.77 Million | 13.86% | 1.73x | $33.48 Million |
| Harvey Norman Holdings Ltd (HVN) | $404.83 Million | 19.79% | 1.06x | $3.92 Billion |
| JB Hi-Fi Ltd (JBH) | $1.31 Billion | 38.68% | 1.40x | $6.02 Billion |
| Joyce Corporation Ltd (JYC) | $17.25 Million | -4.92% | 2.49x | $122.19 Million |
About Adore Beauty Group Ltd
Adore Beauty Group Limited operates an integrated content, marketing, and e-commerce retail platform in Australia and New Zealand. The company engages in the retail of beauty and personal care products, including skin, hair, make up, accessories, and others, as well as wellness and fragrance products under various brands. It also offers Beauty IQ, an editorial content platform that offers beauty … Read more