Acorn Capital Investment Fund Ltd

AU:ACQ Australia Asset Management
Market Cap
$51.46 Million
AU$83.11 Million AUD
Market Cap Rank
#45898 Global
#1548 in Australia
Share Price
AU$0.93
Change (1 day)
-2.63%
52-Week Range
AU$0.70 - AU$1.04
All Time High
AU$1.40
Categories
Companies in Australia Asset Management Banking & Financial
About

Acorn Capital Investment Fund Limited is an open ended equity mutual fund launched and managed by Acorn Capital Limited. The fund invests in public equity markets of Australia. It invests in the listed and unlisted microcap companies. The fund benchmarks its performance against S&P/ASX Small Ordinaries Accumulation Index. It invests in the companies operating across diversified sectors. Acorn Cap… Read more

Acorn Capital Investment Fund Ltd (ACQ) - Net Assets

Latest net assets as of December 2025: AU$112.76 Million AUD

Based on the latest financial reports, Acorn Capital Investment Fund Ltd (ACQ) has net assets worth AU$112.76 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$120.67 Million) and total liabilities (AU$7.92 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$112.76 Million
% of Total Assets 93.44%
Annual Growth Rate 6.51%
5-Year Change 1.16%
10-Year Change 93.46%
Growth Volatility 19.0

Acorn Capital Investment Fund Ltd - Net Assets Trend (2014–2025)

This chart illustrates how Acorn Capital Investment Fund Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Acorn Capital Investment Fund Ltd (2014–2025)

The table below shows the annual net assets of Acorn Capital Investment Fund Ltd from 2014 to 2025.

Year Net Assets Change
2025-06-30 AU$99.58 Million +5.51%
2024-06-30 AU$94.37 Million -2.98%
2023-06-30 AU$97.27 Million -2.95%
2022-06-30 AU$100.23 Million +1.83%
2021-06-30 AU$98.43 Million +60.51%
2020-06-30 AU$61.32 Million -2.02%
2019-06-30 AU$62.59 Million -6.03%
2018-06-30 AU$66.61 Million +27.67%
2017-06-30 AU$52.17 Million +1.37%
2016-06-30 AU$51.47 Million +10.04%
2015-06-30 AU$46.77 Million -5.95%
2014-06-30 AU$49.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to Acorn Capital Investment Fund 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 decreased by 6944.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$101.19 Million 101.62%
Other Comprehensive Income AU$30.15 Million 30.28%
Total Equity AU$99.58 Million 100.00%

Acorn Capital Investment Fund Ltd Competitors by Market Cap

The table below lists competitors of Acorn Capital Investment Fund Ltd ranked by their market capitalization.

Company Market Cap
Soaring Technology Co.,Ltd.
TWO:6222
 		$5.49K
Life Electric Vehicles Holdings Inc.
PINK:LFEV
 		$5.49K
Allied Bank Ltd
KAR:ABL
 		$5.50K
FARM 51 GROUP S.A.ZY -10
F:F51
 		$5.51K
Iron Wolf Studio S.A.
WAR:IWS
 		$5.49K
Alkemy Capital Investments Plc
LSE:ALK
 		$5.48K
Renu Energy Ltd
AU:RNE
 		$5.48K
Running Fox Resource Corp
PINK:RFXRF
 		$5.48K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Acorn Capital Investment Fund Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 94,373,000 to 99,576,000, a change of 5,203,000 (5.5%).
  • Net income of 9,672,000 contributed positively to equity growth.
  • Dividend payments of 4,470,000 reduced retained earnings.
  • Other comprehensive income increased equity by 4,768,000.
  • Other factors decreased equity by 4,767,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$9.67 Million +9.71%
Dividends Paid AU$4.47 Million -4.49%
Other Comprehensive Income AU$4.77 Million +4.79%
Other Changes AU$-4.77 Million -4.79%
Total Change AU$- 5.51%

Book Value vs Market Value Analysis

This analysis compares Acorn Capital Investment Fund 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: 0.83x
  • 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 1.33x to 0.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-06-30 AU$0.70 AU$0.93 x
2015-06-30 AU$0.93 AU$0.93 x
2016-06-30 AU$1.04 AU$0.93 x
2017-06-30 AU$1.07 AU$0.93 x
2018-06-30 AU$1.27 AU$0.93 x
2019-06-30 AU$1.18 AU$0.93 x
2020-06-30 AU$1.09 AU$0.93 x
2021-06-30 AU$1.52 AU$0.93 x
2022-06-30 AU$1.27 AU$0.93 x
2023-06-30 AU$1.13 AU$0.93 x
2024-06-30 AU$1.07 AU$0.93 x
2025-06-30 AU$1.12 AU$0.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Acorn Capital Investment Fund 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): 9.71%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 62.50%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.01x
  • Recent ROE (9.71%) is above the historical average (4.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 0.93% 50.38% 0.02x 1.04x AU$-4.51 Million
2015 -6.32% 0.00% -0.07x 1.02x AU$-7.64 Million
2016 12.08% 67.06% 0.17x 1.06x AU$1.07 Million
2017 4.80% 57.15% 0.08x 1.04x AU$-2.71 Million
2018 17.87% 66.87% 0.24x 1.11x AU$5.24 Million
2019 -0.91% 0.00% -0.01x 1.05x AU$-6.83 Million
2020 3.33% 56.29% 0.06x 1.06x AU$-4.09 Million
2021 27.28% 90.70% 0.26x 1.17x AU$17.00 Million
2022 -16.95% -93.41% 0.17x 1.04x AU$-27.01 Million
2023 3.12% 0.00% -0.07x 1.02x AU$-6.69 Million
2024 1.87% 48.74% 0.04x 1.01x AU$-7.67 Million
2025 9.71% 62.50% 0.15x 1.01x AU$-285.60K

Industry Comparison

This section compares Acorn Capital Investment Fund Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $648,787,905
  • Average return on equity (ROE) among peers: -28.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Acorn Capital Investment Fund Ltd (ACQ) AU$112.76 Million 0.93% 0.07x $5.49K
Australian Ethical Investment Ltd (AEF) $20.82 Million 45.43% 0.62x $241.24 Million
Australian Foundation Investment Company Ltd (AFI) $3.98 Billion 4.62% 0.15x $5.08 Billion
Alternative Investment Trust (AIQ) $281.69 Million 15.05% 0.96x $8.06K
Argo Global Listed Infrastructure Ltd (ALI) $320.48 Million -2.91% 0.03x $13.82K
Amcil Ltd (AMH) $128.23 Million 0.00% 0.02x $137.06 Million
Associate Global Partners Ltd (APL) $6.41 Million -310.27% 0.73x $1.95 Million
Ariadne Australia Ltd (ARA) $59.71 Million 8.64% 0.74x $17.16 Million
ARC Funds Ltd (ARC) $2.90 Million -21.10% 0.01x $1.21 Million
Australian United Investment Company Ltd (AUI) $1.04 Billion 5.35% 0.27x $395.51 Million