Atlas Arteria (ALX) - Net Assets

Latest as of December 2025: AU$5.80 Billion AUD ≈ $4.11 Billion USD

Based on the latest financial reports, Atlas Arteria (ALX) has net assets worth AU$5.80 Billion AUD (≈ $4.11 Billion 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$7.67 Billion ≈ $5.43 Billion USD) and total liabilities (AU$1.87 Billion ≈ $1.32 Billion 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 Atlas Arteria tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$5.80 Billion
% of Total Assets	75.63%
Annual Growth Rate	27.59%
5-Year Change	65.88%
10-Year Change	440.76%
Growth Volatility	103.17

Atlas Arteria - Net Assets Trend (2008–2025)

This chart illustrates how Atlas Arteria's net assets have evolved over time, based on quarterly financial data. See how many days can Atlas Arteria fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Atlas Arteria (2008–2025)

The table below shows the annual net assets of Atlas Arteria from 2008 to 2025. For live valuation and market cap data, see Atlas Arteria market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$5.80 Billion ≈ $4.11 Billion	-8.08%
2024-12-31	AU$6.31 Billion ≈ $4.47 Billion	+1.23%
2023-12-31	AU$6.24 Billion ≈ $4.41 Billion	-3.93%
2022-12-31	AU$6.49 Billion ≈ $4.59 Billion	+85.55%
2021-12-31	AU$3.50 Billion ≈ $2.48 Billion	-3.75%
2020-12-31	AU$3.63 Billion ≈ $2.57 Billion	+8.70%
2019-12-31	AU$3.34 Billion ≈ $2.37 Billion	+43.59%
2018-12-31	AU$2.33 Billion ≈ $1.65 Billion	+7.70%
2017-12-31	AU$2.16 Billion ≈ $1.53 Billion	+101.50%
2016-12-31	AU$1.07 Billion ≈ $759.21 Million	+24.05%
2015-12-31	AU$864.96 Million ≈ $612.01 Million	+5.11%
2014-12-31	AU$822.89 Million ≈ $582.25 Million	-6.02%
2013-12-31	AU$875.56 Million ≈ $619.51 Million	+189.29%
2012-12-31	AU$-980.59 Million ≈ $-693.83 Million	-19.39%
2011-12-31	AU$-821.32 Million ≈ $-581.13 Million	-264.56%
2010-12-31	AU$-225.29 Million ≈ $-159.41 Million	-344.35%
2008-12-31	AU$92.20 Million ≈ $65.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Atlas Arteria'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 6420000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$6.99 Billion	120.38%
Other Comprehensive Income	AU$407.00 Million	7.01%
Total Equity	AU$5.80 Billion	100.00%

Atlas Arteria Competitors by Market Cap

The table below lists competitors of Atlas Arteria ranked by their market capitalization.

Company	Market Cap
Hangzhou Cable SHG:603618	$5.24 Billion
Symbotic Inc NASDAQ:SYM	$5.24 Billion
Huber+suhner AG SW:HUBN	$5.24 Billion
Marathon Digital Holdings Inc NASDAQ:MARA	$5.25 Billion
Wintime Energy Co Ltd SHG:600157	$5.24 Billion
Intercorp Financial Services Inc NYSE:IFS	$5.23 Billion
West Fraser Timber Co Ltd NYSE:WFG	$5.23 Billion
VEND MARKETPLACES ASA OL:VEND	$5.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Atlas Arteria's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,340,800,000 to 5,802,300,000, a change of 2,461,500,000 (73.7%).
Net income of 259,500,000 contributed positively to equity growth.
Dividend payments of 580,400,000 reduced retained earnings.
Other comprehensive income increased equity by 156,700,000.
Other factors increased equity by 2,625,700,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$259.50 Million	+4.47%
Dividends Paid	AU$580.40 Million	-10.0%
Other Comprehensive Income	AU$156.70 Million	+2.7%
Other Changes	AU$2.63 Billion	+45.25%
Total Change	AU$-	73.68%

Book Value vs Market Value Analysis

This analysis compares Atlas Arteria'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: 1.28x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	AU$-0.23	AU$5.10	x
2010-12-31	AU$-0.16	AU$5.10	x
2011-12-31	AU$-0.57	AU$5.10	x
2012-12-31	AU$-0.68	AU$5.10	x
2013-12-31	AU$1.56	AU$5.10	x
2014-12-31	AU$0.57	AU$5.10	x
2015-12-31	AU$0.60	AU$5.10	x
2016-12-31	AU$0.74	AU$5.10	x
2017-12-31	AU$1.49	AU$5.10	x
2018-12-31	AU$1.60	AU$5.10	x
2019-12-31	AU$2.30	AU$5.10	x
2020-12-31	AU$2.50	AU$5.10	x
2021-12-31	AU$2.41	AU$5.10	x
2022-12-31	AU$4.47	AU$5.10	x
2023-12-31	AU$4.29	AU$5.10	x
2024-12-31	AU$2.30	AU$5.10	x
2025-12-31	AU$3.99	AU$5.10	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Atlas Arteria 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): 4.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 162.19%
• Asset Turnover: 0.02x
• Equity Multiplier: 1.32x
Recent ROE (4.47%) is below the historical average (14.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	0.00%	-214.88%	0.04x	0.00x	AU$-228.33 Million
2010	0.00%	-150.42%	0.05x	0.00x	AU$-119.96 Million
2011	0.00%	-331.00%	0.05x	0.00x	AU$-207.36 Million
2012	0.00%	-138.89%	0.06x	0.00x	AU$-26.38 Million
2013	172.98%	159940.34%	0.00x	1.07x	AU$1.34 Billion
2014	-6.14%	-3448.91%	0.00x	1.06x	AU$-132.85 Million
2015	9.84%	3846.38%	0.00x	1.03x	AU$-1.41 Million
2016	20.98%	8355.94%	0.00x	1.10x	AU$117.81 Million
2017	24.03%	624.31%	0.02x	1.85x	AU$303.38 Million
2018	2.57%	45.21%	0.03x	1.99x	AU$-173.00 Million
2019	-0.29%	-5.85%	0.03x	1.70x	AU$-344.18 Million
2020	-2.73%	-94.89%	0.02x	1.45x	AU$-462.64 Million
2021	4.68%	162.86%	0.02x	1.49x	AU$-186.10 Million
2022	4.11%	225.78%	0.01x	1.28x	AU$-382.09 Million
2023	5.19%	241.42%	0.02x	1.29x	AU$-300.06 Million
2024	10.05%	231.66%	0.02x	2.47x	AU$1.82 Million
2025	4.47%	162.19%	0.02x	1.32x	AU$-320.73 Million

Industry Comparison

This section compares Atlas Arteria's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

Industry: Infrastructure Operations
Average net assets among peers: $127,542,684
Average return on equity (ROE) among peers: 37.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Atlas Arteria (ALX)	AU$5.80 Billion	0.00%	0.32x	$5.24 Billion
Avada Group Ltd (AVD)	$46.46 Million	-12.12%	1.80x	$7.21 Million
Smart Parking Ltd (SPZ)	$24.07 Million	6.91%	0.33x	$239.59 Million
Transurban Group (TCL)	$394.79 Million	0.00%	1.04x	$32.94 Billion
Ventia Services Group Ltd (VNT)	$44.86 Million	156.26%	34.46x	$3.90 Billion

About Atlas Arteria

AU:ALX Australia Infrastructure Operations

Market Cap

$5.24 Billion

AU$7.40 Billion AUD

Market Cap Rank

#3511 Global

#77 in Australia

Share Price

AU$5.10

Change (1 day)

+0.00%

52-Week Range

AU$4.24 - AU$5.50

All Time High

AU$6.45