Accent Group Ltd (AX1) - Net Assets
Based on the latest financial reports, Accent Group Ltd (AX1) has net assets worth AU$439.14 Million AUD (≈ $310.72 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.29 Billion ≈ $912.31 Million USD) and total liabilities (AU$850.23 Million ≈ $601.59 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 asset allocation strategy of Accent Group Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$439.14 Million |
| % of Total Assets | 34.06% |
| Annual Growth Rate | 26.12% |
| 5-Year Change | -0.25% |
| 10-Year Change | 18.48% |
| Growth Volatility | 289.38 |
Accent Group Ltd - Net Assets Trend (2004–2026)
This chart illustrates how Accent Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Accent Group Ltd.
Annual Net Assets for Accent Group Ltd (2004–2026)
The table below shows the annual net assets of Accent Group Ltd from 2004 to 2026. Also explore Accent Group Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$439.14 Million ≈ $310.72 Million |
-7.57% |
| 2025-06-30 | AU$475.09 Million ≈ $336.16 Million |
+13.44% |
| 2024-06-30 | AU$418.81 Million ≈ $296.33 Million |
-5.08% |
| 2023-06-30 | AU$441.21 Million ≈ $312.19 Million |
+0.22% |
| 2022-06-30 | AU$440.23 Million ≈ $311.49 Million |
+2.62% |
| 2021-06-30 | AU$428.98 Million ≈ $303.53 Million |
+5.01% |
| 2020-06-30 | AU$408.51 Million ≈ $289.05 Million |
+1.28% |
| 2019-06-30 | AU$403.34 Million ≈ $285.39 Million |
+2.91% |
| 2018-06-30 | AU$391.91 Million ≈ $277.30 Million |
+5.74% |
| 2017-06-30 | AU$370.65 Million ≈ $262.26 Million |
+21.01% |
| 2016-06-30 | AU$306.29 Million ≈ $216.72 Million |
+25.33% |
| 2015-06-30 | AU$244.38 Million ≈ $172.91 Million |
+361.17% |
| 2014-06-30 | AU$52.99 Million ≈ $37.49 Million |
+17.95% |
| 2013-06-30 | AU$44.92 Million ≈ $31.79 Million |
-4.17% |
| 2012-06-30 | AU$46.88 Million ≈ $33.17 Million |
+8.65% |
| 2011-06-30 | AU$43.15 Million ≈ $30.53 Million |
+2.36% |
| 2010-06-30 | AU$42.15 Million ≈ $29.83 Million |
+37.06% |
| 2009-06-30 | AU$30.75 Million ≈ $21.76 Million |
-14.87% |
| 2008-06-30 | AU$36.13 Million ≈ $25.56 Million |
+131.49% |
| 2007-06-30 | AU$15.61 Million ≈ $11.04 Million |
-21.39% |
| 2006-06-30 | AU$19.85 Million ≈ $14.05 Million |
-49.00% |
| 2005-06-30 | AU$38.93 Million ≈ $27.54 Million |
+1360.71% |
| 2004-06-30 | AU$2.67 Million ≈ $1.89 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 4722900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$451.38 Million | 102.79% |
| Other Comprehensive Income | AU$34.99 Million | 7.97% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$439.14 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 |
|---|---|
|
STEP Energy Services Ltd
TO:STEP
|
$289.46 Million |
|
Erdene Resource Development Corp
TO:ERD
|
$289.49 Million |
|
Dear U Co. Ltd.
KQ:376300
|
$289.57 Million |
|
Weifu High Tech Group
SHE:200581
|
$289.59 Million |
|
Medios AG
XETRA:ILM1
|
$289.23 Million |
|
Hainan Yedao Group Co Ltd
SHG:600238
|
$289.23 Million |
|
Qibu Co Ltd
SHG:603557
|
$289.19 Million |
|
FIC Global Inc
TW:3701
|
$289.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accent Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 475,090,000 to 439,141,000, a change of -35,949,000 (-7.6%).
- Net loss of 13,766,000 reduced equity.
- Dividend payments of 28,556,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,372,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-13.77 Million | -3.13% |
| Dividends Paid | AU$28.56 Million | -6.5% |
| Other Comprehensive Income | AU$6.37 Million | +1.45% |
| Other Changes | AU$1.00 | +0.0% |
| Total Change | AU$- | -7.57% |
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: 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 decreased from 1.61x to 0.93x 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$0.68 | x |
| 2006-06-30 | AU$0.21 | AU$0.68 | x |
| 2007-06-30 | AU$0.15 | AU$0.68 | x |
| 2008-06-30 | AU$0.16 | AU$0.68 | x |
| 2009-06-30 | AU$0.14 | AU$0.68 | x |
| 2010-06-30 | AU$0.17 | AU$0.68 | x |
| 2011-06-30 | AU$0.18 | AU$0.68 | x |
| 2012-06-30 | AU$0.19 | AU$0.68 | x |
| 2013-06-30 | AU$0.18 | AU$0.68 | x |
| 2014-06-30 | AU$0.21 | AU$0.68 | x |
| 2015-06-30 | AU$0.85 | AU$0.68 | x |
| 2016-06-30 | AU$0.65 | AU$0.68 | x |
| 2017-06-30 | AU$0.69 | AU$0.68 | x |
| 2018-06-30 | AU$0.73 | AU$0.68 | x |
| 2019-06-30 | AU$0.71 | AU$0.68 | x |
| 2020-06-30 | AU$0.73 | AU$0.68 | x |
| 2021-06-30 | AU$0.76 | AU$0.68 | x |
| 2022-06-30 | AU$0.78 | AU$0.68 | x |
| 2023-06-30 | AU$0.78 | AU$0.68 | x |
| 2024-06-30 | AU$0.74 | AU$0.68 | x |
| 2025-06-30 | AU$0.83 | AU$0.68 | x |
| 2026-06-30 | AU$0.73 | AU$0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accent Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.90%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.94x
- Recent ROE (-3.13%) is below the historical average (4.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.59% | 1.85% | 1.02x | 1.37x | AU$-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$10.15 Million |
| 2026 | -3.13% | -0.90% | 1.19x | 2.94x | AU$-57.68 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: $79,603,807
- Average return on equity (ROE) among peers: 45.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accent Group Ltd (AX1) | AU$439.14 Million | 2.59% | 1.94x | $289.26 Million |
| City Chic Collective Ltd (CCX) | $60.59 Million | 50.19% | 1.43x | $11.72 Million |
| Premier Investments Ltd (PMV) | $239.94 Million | 4.13% | 0.85x | $1.26 Billion |
| Step One Clothing Ltd (STP) | $4.30 Million | 86.91% | 1.39x | $16.39 Million |
| Universal Store Holdings Ltd (UNI) | $13.58 Million | 40.82% | 0.71x | $384.88 Million |
About Accent Group Ltd
Accent Group Limited engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand. The company operates through two segments: Retail and Wholesale. Its banners and brands include Skechers, The Athlete's Foot (TAF), Platypus Shoes, Genuins, Hype DC, Merrell, Vans, Dr. Martens, Saucony, Timberland, HOKA, Hershel, Superga, Subtype, S… Read more