Arena REIT
Arena REIT is an ASX200 listed property group that develops, owns and manages social infrastructure properties across Australia. Our current portfolio of social infrastructure properties is leased to a diversified tenant base in the growing childcare and healthcare sectors.
Arena REIT (ARF) - Net Assets
Latest net assets as of June 2025: AU$1.39 Billion AUD
Based on the latest financial reports, Arena REIT (ARF) has net assets worth AU$1.39 Billion AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.86 Billion) and total liabilities (AU$472.83 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$1.39 Billion |
| % of Total Assets | 74.56% |
| Annual Growth Rate | 16.81% |
| 5-Year Change | 57.67% |
| 10-Year Change | 287.65% |
| Growth Volatility | 13.95 |
Arena REIT - Net Assets Trend (2009–2025)
This chart illustrates how Arena REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arena REIT (2009–2025)
The table below shows the annual net assets of Arena REIT from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.39 Billion | +14.15% |
| 2024-06-30 | AU$1.21 Billion | +1.23% |
| 2023-06-30 | AU$1.20 Billion | +2.59% |
| 2022-06-30 | AU$1.17 Billion | +33.00% |
| 2021-06-30 | AU$878.92 Million | +16.90% |
| 2020-06-30 | AU$751.88 Million | +23.19% |
| 2019-06-30 | AU$610.33 Million | +14.80% |
| 2018-06-30 | AU$531.64 Million | +22.93% |
| 2017-06-30 | AU$432.48 Million | +20.97% |
| 2016-06-30 | AU$357.49 Million | +17.79% |
| 2015-06-30 | AU$303.49 Million | +27.41% |
| 2014-06-30 | AU$238.20 Million | +13.39% |
| 2013-06-30 | AU$210.06 Million | +58.21% |
| 2012-06-30 | AU$132.78 Million | +6.11% |
| 2011-06-30 | AU$125.13 Million | +8.74% |
| 2010-06-30 | AU$115.08 Million | -0.22% |
| 2009-06-30 | AU$115.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arena REIT'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 65339800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$653.40 Million | 53.02% |
| Common Stock | AU$578.89 Million | 46.98% |
| Total Equity | AU$1.23 Billion | 100.00% |
Arena REIT Competitors by Market Cap
The table below lists competitors of Arena REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qingdao Tianneng Heavy Industries Co Ltd
SHE:300569
|
$765.70 Million |
|
Zehnder Group AG
LSE:0R6S
|
$765.92 Million |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
$765.93 Million |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
$766.06 Million |
|
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
|
$765.34 Million |
|
Smartgroup Corporation Ltd
PINK:STGXF
|
$765.01 Million |
|
Xtep International Holdings Limited
F:4QI
|
$764.90 Million |
|
Jizhong Energy Resources Co Ltd
SHE:000937
|
$764.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arena REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,071,621,000 to 1,232,286,000, a change of 160,665,000 (15.0%).
- Net income of 81,491,000 contributed positively to equity growth.
- Dividend payments of 49,989,000 reduced retained earnings.
- Share repurchases of 143,868,000 reduced equity.
- New share issuances of 143,868,000 increased equity.
- Other factors increased equity by 129,163,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$81.49 Million | +6.61% |
| Dividends Paid | AU$49.99 Million | -4.06% |
| Share Repurchases | AU$143.87 Million | -11.67% |
| Share Issuances | AU$143.87 Million | +11.67% |
| Other Changes | AU$129.16 Million | +10.48% |
| Total Change | AU$- | 14.99% |
Book Value vs Market Value Analysis
This analysis compares Arena REIT'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: 1.06x
- 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 5.47x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | AU$0.61 | AU$3.32 | x |
| 2012-06-30 | AU$0.64 | AU$3.32 | x |
| 2013-06-30 | AU$1.01 | AU$3.32 | x |
| 2014-06-30 | AU$1.14 | AU$3.32 | x |
| 2015-06-30 | AU$1.17 | AU$3.32 | x |
| 2016-06-30 | AU$1.28 | AU$3.32 | x |
| 2017-06-30 | AU$1.55 | AU$3.32 | x |
| 2018-06-30 | AU$1.69 | AU$3.32 | x |
| 2019-06-30 | AU$1.86 | AU$3.32 | x |
| 2020-06-30 | AU$2.48 | AU$3.32 | x |
| 2021-06-30 | AU$2.56 | AU$3.32 | x |
| 2022-06-30 | AU$3.37 | AU$3.32 | x |
| 2023-06-30 | AU$3.43 | AU$3.32 | x |
| 2024-06-30 | AU$3.02 | AU$3.32 | x |
| 2025-06-30 | AU$3.13 | AU$3.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arena REIT 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): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 74.05%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.51x
- Recent ROE (6.61%) 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 |
|---|---|---|---|---|---|
| 2011 | 14.38% | 72.96% | 0.10x | 1.93x | AU$5.48 Million |
| 2012 | 11.81% | 67.11% | 0.10x | 1.81x | AU$2.40 Million |
| 2013 | 8.20% | 77.96% | 0.09x | 1.15x | AU$-3.78 Million |
| 2014 | 18.71% | 166.39% | 0.07x | 1.58x | AU$20.74 Million |
| 2015 | 24.03% | 179.04% | 0.08x | 1.78x | AU$35.59 Million |
| 2016 | 24.50% | 216.23% | 0.07x | 1.73x | AU$42.98 Million |
| 2017 | 26.58% | 248.72% | 0.06x | 1.71x | AU$60.38 Million |
| 2018 | 14.31% | 132.43% | 0.07x | 1.61x | AU$19.39 Million |
| 2019 | 11.62% | 106.68% | 0.07x | 1.62x | AU$8.27 Million |
| 2020 | 10.19% | 126.86% | 0.06x | 1.35x | AU$1.45 Million |
| 2021 | 18.81% | 233.62% | 0.06x | 1.31x | AU$77.46 Million |
| 2022 | 28.60% | 411.47% | 0.05x | 1.30x | AU$217.39 Million |
| 2023 | 6.19% | 79.63% | 0.06x | 1.31x | AU$-45.69 Million |
| 2024 | 5.37% | 58.58% | 0.06x | 1.51x | AU$-49.65 Million |
| 2025 | 6.61% | 74.05% | 0.06x | 1.51x | AU$-41.74 Million |
Industry Comparison
This section compares Arena REIT's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $1,594,659,000
- Average return on equity (ROE) among peers: 10.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arena REIT (ARF) | AU$1.39 Billion | 14.38% | 0.34x | $765.51 Million |
| Waypoint REIT (WPR) | $1.59 Billion | 10.48% | 0.57x | $996.18 Million |