Atlas Arteria (ALX) - Net Assets
Based on the latest financial reports, Atlas Arteria (ALX) has net assets worth AU$6.12 Billion AUD (≈ $4.33 Billion 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$7.96 Billion ≈ $5.63 Billion USD) and total liabilities (AU$1.84 Billion ≈ $1.30 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 asset resilience ratio of Atlas Arteria to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$6.12 Billion |
| % of Total Assets | 76.86% |
| Annual Growth Rate | 30.23% |
| 5-Year Change | 73.68% |
| 10-Year Change | 629.77% |
| Growth Volatility | 107.38 |
Atlas Arteria - Net Assets Trend (2008–2024)
This chart illustrates how Atlas Arteria's net assets have evolved over time, based on quarterly financial data. Also explore ALX total assets for the complete picture of this company's asset base.
Annual Net Assets for Atlas Arteria (2008–2024)
The table below shows the annual net assets of Atlas Arteria from 2008 to 2024. For live valuation and market cap data, see Atlas Arteria market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 75040000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$3.99 Billion | 119.55% |
| Other Comprehensive Income | AU$250.30 Million | 7.49% |
| Total Equity | AU$3.34 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 |
|---|---|
|
Sectra AB (publ)
ST:SECT-B
|
$4.93 Billion |
|
Cochin Shipyard Limited
NSE:COCHINSHIP
|
$4.93 Billion |
|
Hess Midstream Partners LP
NYSE:HESM
|
$4.93 Billion |
|
Outfront Media Inc
NYSE:OUT
|
$4.93 Billion |
|
Jiangsu Sidike New Materials Sci Te
SHE:300806
|
$4.92 Billion |
|
L&K Engineering Co Ltd
TW:6139
|
$4.92 Billion |
|
Uipath Inc
NYSE:PATH
|
$4.91 Billion |
|
Subsea 7 S.A.
F:SOC
|
$4.91 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 2023 to 2024, total equity changed from 6,235,600,000 to 3,340,800,000, a change of -2,894,800,000 (-46.4%).
- Net income of 335,900,000 contributed positively to equity growth.
- Dividend payments of 580,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 89,100,000.
- Other factors decreased equity by 2,739,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$335.90 Million | +10.05% |
| Dividends Paid | AU$580.40 Million | -17.37% |
| Other Comprehensive Income | AU$89.10 Million | +2.67% |
| Other Changes | AU$-2.74 Billion | -82.0% |
| Total Change | AU$- | -46.42% |
Book Value vs Market Value Analysis
This analysis compares Atlas Arteria's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | AU$-0.23 | AU$4.80 | x |
| 2010-12-31 | AU$-0.16 | AU$4.80 | x |
| 2011-12-31 | AU$-0.57 | AU$4.80 | x |
| 2012-12-31 | AU$-0.68 | AU$4.80 | x |
| 2013-12-31 | AU$1.56 | AU$4.80 | x |
| 2014-12-31 | AU$0.57 | AU$4.80 | x |
| 2015-12-31 | AU$0.60 | AU$4.80 | x |
| 2016-12-31 | AU$0.74 | AU$4.80 | x |
| 2017-12-31 | AU$1.49 | AU$4.80 | x |
| 2018-12-31 | AU$1.60 | AU$4.80 | x |
| 2019-12-31 | AU$2.30 | AU$4.80 | x |
| 2020-12-31 | AU$2.50 | AU$4.80 | x |
| 2021-12-31 | AU$2.41 | AU$4.80 | x |
| 2022-12-31 | AU$4.47 | AU$4.80 | x |
| 2023-12-31 | AU$4.29 | AU$4.80 | x |
| 2024-12-31 | AU$2.30 | AU$4.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlas Arteria utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 231.66%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.47x
- Recent ROE (10.05%) is below the historical average (15.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | -214.88% | 0.04x | 0.00x | AU$-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 |
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: $1,751,439,666
- Average return on equity (ROE) among peers: 19.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlas Arteria (ALX) | AU$6.12 Billion | 0.00% | 0.30x | $4.93 Billion |
| Avada Group Ltd (AVD) | $13.81 Million | 38.12% | 2.90x | $5.35 Million |
| Smart Parking Ltd (SPZ) | $13.04 Million | 0.00% | 0.04x | $250.49 Million |
| Transurban Group (TCL) | $6.46 Billion | 1.53% | 2.57x | $30.99 Billion |
| Ventia Services Group Ltd (VNT) | $520.90 Million | 36.71% | 4.49x | $3.19 Billion |
About Atlas Arteria
Atlas Arteria Limited owns, develops, and operates toll roads in France, Germany, and the United States. It holds 30.82% interest in the APRR motorway network, 30.85% interest in the ADELAC commuter road, and 30.82% interest in the A79 transversal link located in France; 100% interest in the Warnow Tunnel located in Rostock, Germany; 66.67% interest in the Chicago Skyway situated in Chicago, Unit… Read more