Bell Financial Group Ltd
Bell Financial Group Limited, engages in the provision of full-service broking, online broking, corporate finance, and financial advisory services to private, institutional, and corporate clients in Australia, the United States, the United Kingdom, Hong Kong, and Kuala Lumpur. It operates through Technology & Platforms, Products & Services, and Broking segments. The company also develops propriet… Read more
Bell Financial Group Ltd (BFG) - Net Assets
Latest net assets as of June 2025: AU$237.25 Million AUD
Based on the latest financial reports, Bell Financial Group Ltd (BFG) has net assets worth AU$237.25 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$1.23 Billion) and total liabilities (AU$988.20 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$237.25 Million |
| % of Total Assets | 19.36% |
| Annual Growth Rate | 3.87% |
| 5-Year Change | 4.29% |
| 10-Year Change | -62.61% |
| Growth Volatility | 52.57 |
Bell Financial Group Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Bell Financial 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 Bell Financial Group Ltd (2007–2024)
The table below shows the annual net assets of Bell Financial Group Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$240.86 Million | +2.30% |
| 2023-12-31 | AU$235.44 Million | +0.02% |
| 2022-12-31 | AU$235.40 Million | -1.52% |
| 2021-12-31 | AU$239.05 Million | +3.51% |
| 2020-12-31 | AU$230.94 Million | +9.29% |
| 2019-12-31 | AU$211.30 Million | -71.18% |
| 2018-12-31 | AU$733.22 Million | +3.03% |
| 2017-12-31 | AU$711.65 Million | +14.67% |
| 2016-12-31 | AU$620.59 Million | -3.67% |
| 2015-12-31 | AU$644.21 Million | +26.16% |
| 2014-12-31 | AU$510.63 Million | -2.17% |
| 2013-12-31 | AU$521.98 Million | +207.98% |
| 2012-12-31 | AU$169.49 Million | -2.95% |
| 2011-12-31 | AU$174.64 Million | -0.96% |
| 2010-12-31 | AU$176.34 Million | +6.46% |
| 2009-12-31 | AU$165.64 Million | +13.07% |
| 2008-12-31 | AU$146.49 Million | +15.93% |
| 2007-12-31 | AU$126.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bell Financial 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 grown by 8177100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$66.39 Million | 27.56% |
| Common Stock | AU$204.24 Million | 84.80% |
| Other Comprehensive Income | AU$-27.15 Million | -11.27% |
| Total Equity | AU$240.86 Million | 100.00% |
Bell Financial Group Ltd Competitors by Market Cap
The table below lists competitors of Bell Financial Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NAUROBOTICS
KQ:459510
|
$91.74 Million |
|
Montana Technologies Corporation
NASDAQ:AIRJ
|
$91.75 Million |
|
Delta Plus Group SA
PA:ALDLT
|
$91.77 Million |
|
OSWALPUMPS
NSE:OSWALPUMPS
|
$91.82 Million |
|
Future Park Leasehold Property Fund
BK:FUTUREPF
|
$91.63 Million |
|
YMT Co., Ltd.
KQ:251370
|
$91.56 Million |
|
Holcim Philippines Inc
OTCGREY:HCPHY
|
$91.56 Million |
|
Amadeus Fire AG
XETRA:AAD
|
$91.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bell Financial Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 235,443,000 to 240,857,000, a change of 5,414,000 (2.3%).
- Net income of 30,741,000 contributed positively to equity growth.
- Dividend payments of 25,660,000 reduced retained earnings.
- Other comprehensive income increased equity by 333,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$30.74 Million | +12.76% |
| Dividends Paid | AU$25.66 Million | -10.65% |
| Other Comprehensive Income | AU$333.00K | +0.14% |
| Total Change | AU$- | 2.30% |
Book Value vs Market Value Analysis
This analysis compares Bell Financial 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: 1.72x
- 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 3.27x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | AU$0.40 | AU$1.30 | x |
| 2008-12-31 | AU$0.46 | AU$1.30 | x |
| 2009-12-31 | AU$0.52 | AU$1.30 | x |
| 2010-12-31 | AU$0.55 | AU$1.30 | x |
| 2011-12-31 | AU$0.55 | AU$1.30 | x |
| 2012-12-31 | AU$0.53 | AU$1.30 | x |
| 2013-12-31 | AU$0.55 | AU$1.30 | x |
| 2014-12-31 | AU$0.56 | AU$1.30 | x |
| 2015-12-31 | AU$0.58 | AU$1.30 | x |
| 2016-12-31 | AU$0.60 | AU$1.30 | x |
| 2017-12-31 | AU$0.62 | AU$1.30 | x |
| 2018-12-31 | AU$0.64 | AU$1.30 | x |
| 2019-12-31 | AU$0.66 | AU$1.30 | x |
| 2020-12-31 | AU$0.72 | AU$1.30 | x |
| 2021-12-31 | AU$0.75 | AU$1.30 | x |
| 2022-12-31 | AU$0.74 | AU$1.30 | x |
| 2023-12-31 | AU$0.74 | AU$1.30 | x |
| 2024-12-31 | AU$0.76 | AU$1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bell Financial Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.52%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 4.38x
- Recent ROE (12.76%) is above the historical average (10.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.69% | 4.37% | 0.37x | 4.80x | AU$-2.92 Million |
| 2008 | 9.86% | 9.52% | 0.33x | 3.16x | AU$-212.20K |
| 2009 | 16.47% | 14.07% | 0.36x | 3.21x | AU$10.72 Million |
| 2010 | 12.23% | 11.52% | 0.35x | 3.00x | AU$3.93 Million |
| 2011 | 4.37% | 5.37% | 0.32x | 2.52x | AU$-9.83 Million |
| 2012 | -1.63% | -2.27% | 0.28x | 2.59x | AU$-19.71 Million |
| 2013 | 3.88% | 4.44% | 0.29x | 3.05x | AU$-10.76 Million |
| 2014 | 3.26% | 3.83% | 0.29x | 2.97x | AU$-11.99 Million |
| 2015 | 8.53% | 9.13% | 0.26x | 3.59x | AU$-2.72 Million |
| 2016 | 8.60% | 8.97% | 0.29x | 3.36x | AU$-2.66 Million |
| 2017 | 10.53% | 10.26% | 0.27x | 3.77x | AU$1.03 Million |
| 2018 | 12.14% | 11.48% | 0.28x | 3.75x | AU$4.36 Million |
| 2019 | 15.35% | 12.85% | 0.23x | 5.17x | AU$11.31 Million |
| 2020 | 20.22% | 15.73% | 0.28x | 4.62x | AU$23.60 Million |
| 2021 | 18.46% | 15.07% | 0.22x | 5.64x | AU$20.21 Million |
| 2022 | 10.91% | 10.65% | 0.19x | 5.33x | AU$2.15 Million |
| 2023 | 10.33% | 10.63% | 0.20x | 4.88x | AU$779.70K |
| 2024 | 12.76% | 12.52% | 0.23x | 4.38x | AU$6.66 Million |
Industry Comparison
This section compares Bell Financial Group Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $118,806,627
- Average return on equity (ROE) among peers: -39.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bell Financial Group Ltd (BFG) | AU$237.25 Million | 7.69% | 4.17x | $91.65 Million |
| Australian Bond Exchange Holdings Ltd (ABE) | $2.26 Million | -45.15% | 0.46x | $241.16K |
| ALANDEQGRP FPO (AEG) | $-850.79K | 0.00% | 0.00x | $2.22 Million |
| Asf Group Ltd (AFA) | $4.63 Million | -83.61% | 3.53x | $6.30 Million |
| COG Financial Services Ltd (COG) | $189.04 Million | -0.92% | 0.32x | $141.64 Million |
| Computershare Ltd (CPU) | $835.16 Million | 30.62% | 1.77x | $9.85 Billion |
| Equity Story Group Ltd (EQS) | $966.96K | -265.36% | 1.64x | $708.17K |
| Fatfish Group Ltd (FFG) | $2.36 Million | 0.46% | 0.00x | $5.79 Million |
| Finexia Financial Group Ltd (FNX) | $16.72 Million | 19.22% | 3.65x | $3.85 Million |
| HUB24 Ltd (HUB) | $18.96 Million | -9.25% | 0.52x | $3.97 Billion |