Accent Group Ltd
Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. Its banners and brands include Skechers, The Athlete's Foot (TAF), Platypus Shoes, Hype DC, Merrell, Vans, Dr. Martens, Saucony, Timberland, HOKA, Hershel, Superga, Subtype, Stylerunner, Nude Lucy, Glue Store and UGG, with Sports Direct, and Dickies… Read more
Accent Group Ltd (AX1) - Net Assets
Latest net assets as of June 2025: AU$475.09 Million AUD
Based on the latest financial reports, Accent Group Ltd (AX1) has net assets worth AU$475.09 Million 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$1.25 Billion) and total liabilities (AU$777.91 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$475.09 Million |
| % of Total Assets | 37.92% |
| Annual Growth Rate | 28.0% |
| 5-Year Change | 10.75% |
| 10-Year Change | 55.11% |
| Growth Volatility | 295.45 |
Accent Group Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Accent Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Accent Group Ltd (2004–2025)
The table below shows the annual net assets of Accent Group Ltd from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$475.09 Million | +13.44% |
| 2024-06-30 | AU$418.81 Million | -5.08% |
| 2023-06-30 | AU$441.21 Million | +0.22% |
| 2022-06-30 | AU$440.23 Million | +2.62% |
| 2021-06-30 | AU$428.98 Million | +5.01% |
| 2020-06-30 | AU$408.51 Million | +1.28% |
| 2019-06-30 | AU$403.34 Million | +2.91% |
| 2018-06-30 | AU$391.91 Million | +5.74% |
| 2017-06-30 | AU$370.65 Million | +21.01% |
| 2016-06-30 | AU$306.29 Million | +25.33% |
| 2015-06-30 | AU$244.38 Million | +361.17% |
| 2014-06-30 | AU$52.99 Million | +17.95% |
| 2013-06-30 | AU$44.92 Million | -4.17% |
| 2012-06-30 | AU$46.88 Million | +8.65% |
| 2011-06-30 | AU$43.15 Million | +2.36% |
| 2010-06-30 | AU$42.15 Million | +37.06% |
| 2009-06-30 | AU$30.75 Million | -14.87% |
| 2008-06-30 | AU$36.13 Million | +131.49% |
| 2007-06-30 | AU$15.61 Million | -21.39% |
| 2006-06-30 | AU$19.85 Million | -49.00% |
| 2005-06-30 | AU$38.93 Million | +1360.71% |
| 2004-06-30 | AU$2.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Accent Group 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 decreased by 490700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$451.38 Million | 95.01% |
| Other Comprehensive Income | AU$28.62 Million | 6.02% |
| Total Equity | AU$475.09 Million | 100.00% |
Accent Group Ltd Competitors by Market Cap
The table below lists competitors of Accent Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hualan Biological Bacterin Inc.
SHE:301207
|
$212.38 Million |
|
KSEC Intelligent Technology Co. Ltd. A
SHE:301311
|
$212.47 Million |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
$212.54 Million |
|
Newlake Capital Partners Inc
OTCQX:NLCP
|
$212.55 Million |
|
Beijing Changjiu Logistics Ltd
SHG:603569
|
$212.31 Million |
|
Hexagon Composites ASA
PINK:HXGCF
|
$212.30 Million |
|
FuJian YanJing HuiQuan Brewery Co Ltd
SHG:600573
|
$212.28 Million |
|
Guangdong Xinyaguang Cable Co
SHE:001382
|
$212.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accent Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 418,805,000 to 475,090,000, a change of 56,285,000 (13.4%).
- Net income of 57,660,000 contributed positively to equity growth.
- Dividend payments of 56,600,000 reduced retained earnings.
- Share repurchases of 60,451,000 reduced equity.
- New share issuances of 60,451,000 increased equity.
- Other comprehensive income decreased equity by 5,226,000.
- Other factors increased equity by 60,451,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$57.66 Million | +12.14% |
| Dividends Paid | AU$56.60 Million | -11.91% |
| Share Repurchases | AU$60.45 Million | -12.72% |
| Share Issuances | AU$60.45 Million | +12.72% |
| Other Comprehensive Income | AU$-5.23 Million | -1.1% |
| Other Changes | AU$60.45 Million | +12.72% |
| Total Change | AU$- | 13.44% |
Book Value vs Market Value Analysis
This analysis compares Accent Group 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: 1.08x
- 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 2.13x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.42 | AU$0.90 | x |
| 2006-06-30 | AU$0.21 | AU$0.90 | x |
| 2007-06-30 | AU$0.15 | AU$0.90 | x |
| 2008-06-30 | AU$0.16 | AU$0.90 | x |
| 2009-06-30 | AU$0.14 | AU$0.90 | x |
| 2010-06-30 | AU$0.17 | AU$0.90 | x |
| 2011-06-30 | AU$0.18 | AU$0.90 | x |
| 2012-06-30 | AU$0.19 | AU$0.90 | x |
| 2013-06-30 | AU$0.18 | AU$0.90 | x |
| 2014-06-30 | AU$0.21 | AU$0.90 | x |
| 2015-06-30 | AU$0.85 | AU$0.90 | x |
| 2016-06-30 | AU$0.65 | AU$0.90 | x |
| 2017-06-30 | AU$0.69 | AU$0.90 | x |
| 2018-06-30 | AU$0.73 | AU$0.90 | x |
| 2019-06-30 | AU$0.71 | AU$0.90 | x |
| 2020-06-30 | AU$0.73 | AU$0.90 | x |
| 2021-06-30 | AU$0.76 | AU$0.90 | x |
| 2022-06-30 | AU$0.78 | AU$0.90 | x |
| 2023-06-30 | AU$0.78 | AU$0.90 | x |
| 2024-06-30 | AU$0.74 | AU$0.90 | x |
| 2025-06-30 | AU$0.83 | AU$0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accent Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.91%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.64x
- Recent ROE (12.14%) is above the historical average (4.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.59% | 1.85% | 1.02x | 1.37x | AU$-2.88 Million |
| 2006 | -101.05% | -39.61% | 1.41x | 1.81x | AU$-22.05 Million |
| 2007 | -54.21% | -75.65% | 0.43x | 1.66x | AU$-10.02 Million |
| 2008 | 13.54% | 35.94% | 0.33x | 1.16x | AU$1.28 Million |
| 2009 | 17.10% | 64.07% | 0.18x | 1.49x | AU$2.18 Million |
| 2010 | 16.29% | 43.18% | 0.32x | 1.17x | AU$2.65 Million |
| 2011 | 20.71% | 33.93% | 0.49x | 1.23x | AU$4.62 Million |
| 2012 | 19.60% | 25.63% | 0.61x | 1.26x | AU$4.50 Million |
| 2013 | 12.99% | 16.73% | 0.62x | 1.26x | AU$1.35 Million |
| 2014 | 22.35% | 14.41% | 1.10x | 1.41x | AU$6.46 Million |
| 2015 | 4.25% | 7.60% | 0.33x | 1.70x | AU$-13.96 Million |
| 2016 | 9.83% | 6.76% | 0.98x | 1.48x | AU$-518.70K |
| 2017 | 7.90% | 4.58% | 1.02x | 1.69x | AU$-7.73 Million |
| 2018 | 11.24% | 6.26% | 1.16x | 1.55x | AU$4.86 Million |
| 2019 | 13.36% | 6.77% | 1.21x | 1.63x | AU$13.54 Million |
| 2020 | 13.63% | 6.80% | 0.86x | 2.34x | AU$14.83 Million |
| 2021 | 17.93% | 7.84% | 0.88x | 2.59x | AU$34.02 Million |
| 2022 | 7.15% | 2.81% | 0.92x | 2.76x | AU$-12.56 Million |
| 2023 | 20.09% | 6.29% | 1.22x | 2.62x | AU$44.53 Million |
| 2024 | 14.21% | 4.09% | 1.27x | 2.74x | AU$17.65 Million |
| 2025 | 12.14% | 3.91% | 1.18x | 2.64x | AU$10.15 Million |
Industry Comparison
This section compares Accent Group Ltd's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $416,668,696
- Average return on equity (ROE) among peers: 40.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accent Group Ltd (AX1) | AU$475.09 Million | 2.59% | 1.64x | $212.31 Million |
| Mosaic Brands Ltd (MOZ) | $29.18 Million | 21.43% | 0.51x | $2.06 Million |
| Premier Investments Ltd (PMV) | $1.53 Billion | 17.73% | 0.49x | $748.35 Million |
| Step One Clothing Ltd (STP) | $1.61 Million | 97.82% | 1.14x | $7.54 Million |
| Universal Store Holdings Ltd (UNI) | $102.98 Million | 23.66% | 0.98x | $332.87 Million |