Argo Global Listed Infrastructure Ltd (ALI) - Net Assets

Latest as of December 2025: AU$457.41 Million AUD ≈ $323.65 Million USD

Based on the latest financial reports, Argo Global Listed Infrastructure Ltd (ALI) has net assets worth AU$457.41 Million AUD (≈ $323.65 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$473.73 Million ≈ $335.19 Million USD) and total liabilities (AU$16.31 Million ≈ $11.54 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 ALI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$457.41 Million
% of Total Assets	96.56%
Annual Growth Rate	5.09%
5-Year Change	29.09%
10-Year Change	N/A
Growth Volatility	6.0

Argo Global Listed Infrastructure Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Argo Global Listed Infrastructure Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Argo Global Listed Infrastructure Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Argo Global Listed Infrastructure Ltd (2016–2025)

The table below shows the annual net assets of Argo Global Listed Infrastructure Ltd from 2016 to 2025. For live valuation and market cap data, see Argo Global Listed Infrastructure Ltd (ALI) market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$453.31 Million ≈ $320.75 Million	+8.67%
2024-06-30	AU$417.13 Million ≈ $295.15 Million	-0.18%
2023-06-30	AU$417.88 Million ≈ $295.68 Million	+4.36%
2022-06-30	AU$400.44 Million ≈ $283.34 Million	+14.03%
2021-06-30	AU$351.16 Million ≈ $248.47 Million	+9.58%
2020-06-30	AU$320.48 Million ≈ $226.76 Million	-5.39%
2019-06-30	AU$338.75 Million ≈ $239.69 Million	+12.33%
2018-06-30	AU$301.56 Million ≈ $213.38 Million	+2.68%
2017-06-30	AU$293.69 Million ≈ $207.81 Million	+1.27%
2016-06-30	AU$290.00 Million ≈ $205.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Argo Global Listed Infrastructure 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 9428100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$94.28 Million	20.80%
Common Stock	AU$359.03 Million	79.20%
Other Comprehensive Income	AU$14.49 Million	3.20%
Total Equity	AU$453.31 Million	100.00%

Argo Global Listed Infrastructure Ltd Competitors by Market Cap

The table below lists competitors of Argo Global Listed Infrastructure Ltd ranked by their market capitalization.

Company	Market Cap
Ace Pillar Co Ltd TW:8374	$298.13 Million
X4 Pharmaceuticals Inc NASDAQ:XFOR	$298.16 Million
DSC Investment Inc KQ:241520	$298.29 Million
Kelly Services A Inc NASDAQ:KELYA	$298.34 Million
Tus-Design Group Co Ltd Class A SHE:300500	$298.11 Million
RMR Group Inc NASDAQ:RMR	$298.04 Million
Orell Fuessli Holding AG SW:OFN	$297.92 Million
Hutchison Telecommunications (Australia) Ltd AU:HTA	$297.71 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Argo Global Listed Infrastructure Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 417,131,000 to 453,315,000, a change of 36,184,000 (8.7%).
Net income of 52,224,000 contributed positively to equity growth.
Dividend payments of 15,982,000 reduced retained earnings.
Other comprehensive income decreased equity by 15,982,000.
Other factors increased equity by 15,924,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$52.22 Million	+11.52%
Dividends Paid	AU$15.98 Million	-3.53%
Other Comprehensive Income	AU$-15.98 Million	-3.53%
Other Changes	AU$15.92 Million	+3.51%
Total Change	AU$-	8.67%

Book Value vs Market Value Analysis

This analysis compares Argo Global Listed Infrastructure 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: 0.93x
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 increased from 0.69x to 0.93x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-06-30	AU$3.44	AU$2.37	x
2016-06-30	AU$2.05	AU$2.37	x
2017-06-30	AU$2.05	AU$2.37	x
2018-06-30	AU$2.10	AU$2.37	x
2019-06-30	AU$2.39	AU$2.37	x
2020-06-30	AU$2.26	AU$2.37	x
2021-06-30	AU$2.35	AU$2.37	x
2022-06-30	AU$2.46	AU$2.37	x
2023-06-30	AU$2.40	AU$2.37	x
2024-06-30	AU$2.35	AU$2.37	x
2025-06-30	AU$2.55	AU$2.37	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Argo Global Listed Infrastructure 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): 11.52%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 62.89%
• Asset Turnover: 0.17x
• Equity Multiplier: 1.05x
Recent ROE (11.52%) is above the historical average (5.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	3.30%	52.31%	0.06x	1.01x	AU$-19.44 Million
2017	2.65%	51.26%	0.05x	1.01x	AU$-21.58 Million
2018	5.39%	59.01%	0.09x	1.03x	AU$-13.91 Million
2019	13.26%	64.41%	0.19x	1.08x	AU$11.04 Million
2020	-2.91%	0.00%	-0.02x	1.03x	AU$-41.36 Million
2021	5.35%	57.43%	0.09x	1.03x	AU$-16.32 Million
2022	7.46%	61.06%	0.12x	1.05x	AU$-10.18 Million
2023	2.30%	47.17%	0.05x	1.04x	AU$-32.16 Million
2024	3.08%	56.64%	0.05x	1.01x	AU$-28.87 Million
2025	11.52%	62.89%	0.17x	1.05x	AU$6.89 Million

Industry Comparison

This section compares Argo Global Listed Infrastructure Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $648,838,497
Average return on equity (ROE) among peers: 3.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Argo Global Listed Infrastructure Ltd (ALI)	AU$457.41 Million	3.30%	0.04x	$298.12 Million
Acorn Capital Investment Fund Ltd (ACQ)	$66.61 Million	17.87%	0.11x	$57.22 Million
Australian Ethical Investment Ltd (AEF)	$26.75 Million	24.58%	0.77x	$314.92 Million
Australian Foundation Investment Company Ltd (AFI)	$2.01 Billion	5.14%	0.13x	$5.89 Billion
Alternative Investment Trust (AIQ)	$0.00	0.00%	0.00x	$33.32 Million
Amcil Ltd (AMH)	$3.45 Billion	-1.39%	0.80x	$206.63 Million
Associate Global Partners Ltd (APL)	$-15.33 Million	0.00%	0.00x	$11.51 Million
Ariadne Australia Ltd (ARA)	$59.71 Million	8.64%	0.74x	$66.00 Million
ARC Funds Ltd (ARC)	$5.68 Million	-37.27%	0.47x	$3.65 Million
Argo Investments Ltd (ARG)	$236.53 Million	12.30%	0.07x	$4.70 Billion

About Argo Global Listed Infrastructure Ltd

AU:ALI Australia Asset Management

Market Cap

$298.12 Million

AU$421.33 Million AUD

Market Cap Rank

#14995 Global

#404 in Australia

Share Price

AU$2.37

Change (1 day)

-0.42%

52-Week Range

AU$2.25 - AU$2.54

All Time High

AU$2.54