Adairs Ltd Net Assets
Adairs Ltd net assets. Based on the latest financial reports, Adairs Ltd (ADH) has net assets worth AU$171.37 Million AUD (≈ $121.25 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$575.17 Million ≈ $406.97 Million USD) and total liabilities (AU$403.80 Million ≈ $285.71 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. Also explore ADH shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$171.37 Million |
| % of Total Assets | 29.79% |
| Annual Growth Rate | 14.43% |
| 5-Year Change | -13.4% |
| 10-Year Change | 70.83% |
| Growth Volatility | 300.18 |
Net Assets of Adairs Ltd (2000–2026)
Net assets of Adairs Ltd from 2000 to 2026. This chart illustrates how Adairs Ltd's net assets have evolved over time, based on quarterly financial data. See Adairs Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Adairs Ltd (2000–2026)
The table below shows the annual net assets of Adairs Ltd from 2000 to 2026. For live market cap and overall valuation, see Adairs Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$171.37 Million ≈ $121.25 Million |
-23.90% |
| 2025-06-30 | AU$225.17 Million ≈ $159.32 Million |
+0.90% |
| 2024-06-30 | AU$223.16 Million ≈ $157.90 Million |
+10.36% |
| 2023-06-30 | AU$202.22 Million ≈ $143.08 Million |
+2.19% |
| 2022-06-30 | AU$197.88 Million ≈ $140.01 Million |
+20.18% |
| 2021-06-30 | AU$164.66 Million ≈ $116.51 Million |
+17.14% |
| 2020-06-30 | AU$140.57 Million ≈ $99.46 Million |
+18.81% |
| 2019-06-30 | AU$118.32 Million ≈ $83.72 Million |
+1.84% |
| 2018-06-30 | AU$116.18 Million ≈ $82.20 Million |
+15.82% |
| 2017-06-30 | AU$100.31 Million ≈ $70.98 Million |
+4.94% |
| 2016-06-30 | AU$95.59 Million ≈ $67.64 Million |
+22.63% |
| 2015-06-30 | AU$77.95 Million ≈ $55.16 Million |
+86.04% |
| 2014-06-30 | AU$41.90 Million ≈ $29.65 Million |
+20.28% |
| 2013-06-30 | AU$34.84 Million ≈ $24.65 Million |
+0.71% |
| 2012-06-30 | AU$34.59 Million ≈ $24.48 Million |
-9.76% |
| 2011-06-30 | AU$38.33 Million ≈ $27.12 Million |
+1347.27% |
| 2003-06-30 | AU$2.65 Million ≈ $1.87 Million |
-34.56% |
| 2002-06-30 | AU$4.05 Million ≈ $2.86 Million |
-28.93% |
| 2001-06-30 | AU$5.70 Million ≈ $4.03 Million |
+10.58% |
| 2000-06-30 | AU$5.15 Million ≈ $3.64 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Adairs 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 10984900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Adairs Ltd Net Assets Breakdown (June 2026)
Adairs Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$78.52 Million | 45.82% |
| Common Stock | AU$94.95 Million | 55.41% |
| Other Comprehensive Income | AU$-2.11 Million | -1.23% |
| Total Equity | AU$171.37 Million | 100.00% |
Adairs Ltd Competitors by Market Cap
The table below lists competitors of Adairs Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Dongxiang (Group) Co. Ltd
F:4C1
|
$168.19 Million |
|
Jaeren Sparebank
OL:JAREN
|
$168.20 Million |
|
Mechema Chemicals Int
TWO:4721
|
$168.21 Million |
|
Beta Systems Software AG
F:SPT6
|
$168.30 Million |
|
So-Young International Inc
NASDAQ:SY
|
$168.08 Million |
|
XChange TEC.INC
NASDAQ:XHG
|
$168.05 Million |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
$168.00 Million |
|
JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares
NASDAQ:ZJYL
|
$167.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adairs Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 225,172,000 to 171,366,000, a change of -53,806,000 (-23.9%).
- Net loss of 39,378,000 reduced equity.
- Dividend payments of 13,362,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,066,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-39.38 Million | -22.98% |
| Dividends Paid | AU$13.36 Million | -7.8% |
| Other Comprehensive Income | AU$-1.07 Million | -0.62% |
| Total Change | AU$- | -23.90% |
Book Value vs Market Value Analysis
This analysis compares Adairs 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.77x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$0.23 | AU$1.33 | x |
| 2014-06-30 | AU$0.28 | AU$1.33 | x |
| 2015-06-30 | AU$0.51 | AU$1.33 | x |
| 2016-06-30 | AU$0.58 | AU$1.33 | x |
| 2017-06-30 | AU$0.60 | AU$1.33 | x |
| 2018-06-30 | AU$0.70 | AU$1.33 | x |
| 2019-06-30 | AU$0.71 | AU$1.33 | x |
| 2020-06-30 | AU$0.83 | AU$1.33 | x |
| 2021-06-30 | AU$0.94 | AU$1.33 | x |
| 2022-06-30 | AU$1.14 | AU$1.33 | x |
| 2023-06-30 | AU$1.17 | AU$1.33 | x |
| 2024-06-30 | AU$1.27 | AU$1.33 | x |
| 2025-06-30 | AU$1.26 | AU$1.33 | x |
| 2026-06-30 | AU$0.96 | AU$1.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adairs Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.14%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 3.36x
- Recent ROE (-22.98%) is below the historical average (3.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -61.59% | -23.93% | 2.52x | 1.02x | AU$-3.69 Million |
| 2001 | -6.20% | -68.02% | 0.09x | 1.03x | AU$-922.50K |
| 2002 | -34.84% | -372.05% | 0.08x | 1.11x | AU$-1.81 Million |
| 2003 | -52.80% | -149.42% | 0.32x | 1.11x | AU$-1.66 Million |
| 2013 | -2.51% | -0.42% | 1.22x | 4.88x | AU$-4.36 Million |
| 2014 | 16.19% | 4.04% | 0.90x | 4.45x | AU$2.59 Million |
| 2015 | 3.77% | 1.40% | 1.34x | 2.02x | AU$-4.85 Million |
| 2016 | 28.43% | 10.73% | 1.38x | 1.92x | AU$17.61 Million |
| 2017 | 20.95% | 7.93% | 1.38x | 1.92x | AU$10.99 Million |
| 2018 | 26.30% | 9.71% | 1.61x | 1.68x | AU$18.94 Million |
| 2019 | 25.05% | 8.61% | 1.70x | 1.72x | AU$17.81 Million |
| 2020 | 25.10% | 9.07% | 1.00x | 2.77x | AU$21.22 Million |
| 2021 | 38.71% | 12.75% | 1.20x | 2.52x | AU$47.28 Million |
| 2022 | 22.69% | 7.95% | 0.90x | 3.17x | AU$25.10 Million |
| 2023 | 18.71% | 6.09% | 1.04x | 2.95x | AU$17.62 Million |
| 2024 | 13.93% | 5.23% | 0.97x | 2.74x | AU$8.77 Million |
| 2025 | 11.41% | 4.16% | 0.94x | 2.91x | AU$3.16 Million |
| 2026 | -22.98% | -6.14% | 1.12x | 3.36x | AU$-56.51 Million |
Industry Comparison
This section compares Adairs Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $309,341,518
- Average return on equity (ROE) among peers: 13.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adairs Ltd (ADH) | AU$171.37 Million | -61.59% | 2.36x | $168.09 Million |
| Adore Beauty Group Ltd (ABY) | $36.22 Million | -1.54% | 0.72x | $16.62 Million |
| Bapcor Ltd (BAP) | $722.19 Million | 13.43% | 0.87x | $204.13 Million |
| Baby Bunting Group Ltd (BBN) | $107.76 Million | 16.27% | 1.80x | $102.64 Million |
| Beacon Lighting Group Ltd (BLX) | $29.57 Million | 0.00% | 0.87x | $301.83 Million |
| Cash Converters International (CCV) | $21.79 Million | 7.77% | 1.42x | $133.41 Million |
| Dusk Group Ltd (DSK) | $15.67 Million | 10.91% | 0.57x | $30.18 Million |
| Harvey Norman Holdings Ltd (HVN) | $404.83 Million | 19.79% | 1.06x | $3.64 Billion |
| JB Hi-Fi Ltd (JBH) | $1.42 Billion | 36.95% | 1.46x | $5.64 Billion |
| Joyce Corporation Ltd (JYC) | $26.45 Million | 16.91% | 0.73x | $121.35 Million |
About Adairs Ltd
Adairs Limited operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand. The company operates through Adairs, Focus on Furniture, and Mocka segments. It offers bedroom products, such as bedlinen, bedding, and bedroom furniture and accessories; bathroom and laundry products, including towels, bath mats and runners, bathrobes and slippers… Read more