Cuscal Ltd

AU:CCL Australia Software - Infrastructure
Market Cap
$468.52 Million
AU$756.67 Million AUD
Market Cap Rank
#11129 Global
#128 in Australia
Share Price
AU$3.95
Change (1 day)
+0.00%
52-Week Range
AU$2.26 - AU$4.47
All Time High
AU$4.47
Categories
Companies in Australia Software - Infrastructure Technology AI & Machine Learning
About

Cuscal Limited, together with its subsidiaries, provides payment and regulated data related products and services for financial and consumer centric institutions in Australia. The company offers electronic and paper payment processing solutions, card products, card platform services, digital applications development, liquidity management and settlement services, specialized finance facilities, ne… Read more

Cuscal Ltd (CCL) - Net Assets

Latest net assets as of December 2025: AU$388.10 Million AUD

Based on the latest financial reports, Cuscal Ltd (CCL) has net assets worth AU$388.10 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$5.23 Billion) and total liabilities (AU$4.85 Billion). 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$388.10 Million
% of Total Assets 7.42%
Annual Growth Rate -1.16%
5-Year Change -76.88%
10-Year Change -84.38%
Growth Volatility 46.93

Cuscal Ltd - Net Assets Trend (1988–2025)

This chart illustrates how Cuscal 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 Cuscal Ltd (1988–2025)

The table below shows the annual net assets of Cuscal Ltd from 1988 to 2025.

Year Net Assets Change
2025-06-30 AU$376.40 Million +6.15%
2024-06-30 AU$354.60 Million +17.77%
2023-06-30 AU$301.10 Million +2.69%
2022-06-30 AU$293.20 Million -81.99%
2021-06-30 AU$1.63 Billion -16.60%
2020-06-30 AU$1.95 Billion +2.75%
2019-06-30 AU$1.90 Billion +1.05%
2018-06-30 AU$1.88 Billion -21.99%
2017-06-30 AU$2.41 Billion +0.02%
2016-06-30 AU$2.41 Billion +42.87%
2015-06-30 AU$1.69 Billion -3.05%
2014-06-30 AU$1.74 Billion -16.30%
2013-06-30 AU$2.08 Billion +2.18%
2012-06-30 AU$2.03 Billion +10.96%
2011-06-30 AU$1.83 Billion +14.58%
2010-06-30 AU$1.60 Billion +16.63%
2009-06-30 AU$1.37 Billion -4.77%
2008-06-30 AU$1.44 Billion -2.04%
2007-06-30 AU$1.47 Billion +3.22%
2006-06-30 AU$1.42 Billion -54.25%
2005-06-30 AU$3.11 Billion +6.59%
2004-06-30 AU$2.92 Billion -9.13%
2003-06-30 AU$3.22 Billion +6.04%
2002-06-30 AU$3.03 Billion -32.34%
2001-06-30 AU$4.48 Billion +7.31%
1999-06-30 AU$4.18 Billion -22.98%
1998-06-30 AU$5.42 Billion +171.00%
1996-06-30 AU$2.00 Billion +65.18%
1995-06-30 AU$1.21 Billion +3.90%
1994-06-30 AU$1.17 Billion +47.86%
1993-06-30 AU$788.55 Million +14.70%
1992-06-30 AU$687.48 Million +8.49%
1991-06-30 AU$633.69 Million +150.35%
1990-06-30 AU$253.12 Million -56.29%
1988-06-30 AU$579.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Cuscal 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 48.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$214.30 Million 56.93%
Common Stock AU$158.60 Million 42.14%
Other Comprehensive Income AU$3.50 Million 0.93%
Total Equity AU$376.40 Million 100.00%

Cuscal Ltd Competitors by Market Cap

The table below lists competitors of Cuscal Ltd ranked by their market capitalization.

Company Market Cap
Bright Oceans Inter Telecom Corp
SHG:600289
 		$419.52 Million
China Railway Special Cargo Logistics Co. Ltd.
SHE:001213
 		$419.62 Million
Solomon Technology Corp
TW:2359
 		$419.65 Million
Zhejiang Dafeng Industrial Co Ltd
SHG:603081
 		$419.66 Million
KEMPHARM INC. DL-0001
F:1GDA
 		$419.45 Million
AMG Advanced Metallurgical Group N.V.
PINK:AMVMF
 		$419.37 Million
Lassonde Industries Inc
PINK:LSDAF
 		$419.32 Million
Türk Telekomünikasyon Anonim Sirketi
PINK:TRKNF
 		$419.26 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cuscal Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 352,600,000 to 376,400,000, a change of 23,800,000 (6.7%).
  • Net income of 28,700,000 contributed positively to equity growth.
  • Dividend payments of 16,700,000 reduced retained earnings.
  • Share repurchases of 38,300,000 reduced equity.
  • New share issuances of 38,300,000 increased equity.
  • Other comprehensive income increased equity by 9,700,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$28.70 Million +7.62%
Dividends Paid AU$16.70 Million -4.44%
Share Repurchases AU$38.30 Million -10.18%
Share Issuances AU$38.30 Million +10.18%
Other Comprehensive Income AU$9.70 Million +2.58%
Other Changes AU$2.10 Million +0.56%
Total Change AU$- 6.75%

Book Value vs Market Value Analysis

This analysis compares Cuscal 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: 2.01x
  • 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 4.94x to 2.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1988-06-30 AU$0.80 AU$3.95 x
1990-06-30 AU$0.35 AU$3.95 x
1991-06-30 AU$0.78 AU$3.95 x
1992-06-30 AU$0.98 AU$3.95 x
1993-06-30 AU$0.77 AU$3.95 x
1994-06-30 AU$1.00 AU$3.95 x
1995-06-30 AU$1.12 AU$3.95 x
1996-06-30 AU$1.70 AU$3.95 x
1998-06-30 AU$4.54 AU$3.95 x
1999-06-30 AU$4.13 AU$3.95 x
2001-06-30 AU$4.32 AU$3.95 x
2002-06-30 AU$3.81 AU$3.95 x
2003-06-30 AU$4.04 AU$3.95 x
2004-06-30 AU$4.20 AU$3.95 x
2005-06-30 AU$4.43 AU$3.95 x
2006-06-30 AU$1.92 AU$3.95 x
2007-06-30 AU$1.96 AU$3.95 x
2008-06-30 AU$1.91 AU$3.95 x
2009-06-30 AU$1.86 AU$3.95 x
2010-06-30 AU$2.15 AU$3.95 x
2011-06-30 AU$2.43 AU$3.95 x
2012-06-30 AU$2.68 AU$3.95 x
2013-06-30 AU$2.73 AU$3.95 x
2014-06-30 AU$2.28 AU$3.95 x
2015-06-30 AU$2.21 AU$3.95 x
2016-06-30 AU$3.16 AU$3.95 x
2017-06-30 AU$3.16 AU$3.95 x
2018-06-30 AU$2.36 AU$3.95 x
2019-06-30 AU$2.62 AU$3.95 x
2020-06-30 AU$2.70 AU$3.95 x
2021-06-30 AU$2.25 AU$3.95 x
2022-06-30 AU$1.53 AU$3.95 x
2023-06-30 AU$1.56 AU$3.95 x
2024-06-30 AU$1.84 AU$3.95 x
2025-06-30 AU$1.96 AU$3.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cuscal 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): 7.62%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.59%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 9.21x
  • Recent ROE (7.62%) is below the historical average (17.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 22.49% 7.85% 0.78x 3.68x AU$178.02 Million
2007 19.20% 6.47% 0.81x 3.67x AU$135.33 Million
2008 25.52% 9.30% 0.85x 3.22x AU$223.53 Million
2009 28.10% 9.27% 0.82x 3.71x AU$248.40 Million
2010 28.06% 9.91% 0.81x 3.48x AU$288.99 Million
2011 27.12% 10.84% 0.87x 2.88x AU$313.96 Million
2012 29.09% 12.45% 0.79x 2.96x AU$388.37 Million
2013 22.14% 9.15% 0.75x 3.23x AU$252.24 Million
2014 4.63% 1.62% 0.75x 3.80x AU$-93.38 Million
2015 16.17% 5.50% 0.82x 3.58x AU$104.13 Million
2016 16.74% 7.89% 0.77x 2.77x AU$162.42 Million
2017 10.68% 4.98% 0.80x 2.68x AU$16.27 Million
2018 24.52% 9.32% 0.82x 3.22x AU$272.97 Million
2019 21.82% 8.70% 0.77x 3.25x AU$224.50 Million
2020 19.66% 7.55% 0.77x 3.37x AU$188.58 Million
2021 8.91% 3.03% 0.78x 3.76x AU$-17.82 Million
2022 7.98% 13.36% 0.05x 11.31x AU$-5.92 Million
2023 8.73% 11.95% 0.07x 10.30x AU$-3.79 Million
2024 8.96% 8.00% 0.11x 9.95x AU$-3.66 Million
2025 7.62% 20.59% 0.04x 9.21x AU$-8.94 Million

Industry Comparison

This section compares Cuscal Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

  • Industry: Software - Infrastructure
  • Average net assets among peers: $9,607,329
  • Average return on equity (ROE) among peers: -61.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cuscal Ltd (CCL) AU$388.10 Million 22.49% 12.49x $419.52 Million
Acusensus Ltd (ACE) $2.70 Million -46.46% 0.26x $96.85 Million
Adslot Ltd (ADS) $2.04 Million 9.60% 1.17x $1.56 Million
Archtis Ltd (AR9) $6.81 Million -54.69% 0.31x $14.43 Million
Adveritas Ltd (AV1) $7.58 Million -125.18% 0.27x $27.64 Million
Beforepay Group Ltd (B4P) $32.63 Million -89.31% 0.77x $30.18 Million
Beonic Ltd (BEO) $7.06 Million -149.30% 2.27x $2.48 Million
Aucyber Ltd (CYB) $24.90 Million -85.46% 0.36x $65.69K
Decidr Ai Industries Ltd (DAI) $-213.59K 0.00% 0.00x $20.72 Million
Dropsuite Ltd (DSE) $2.95 Million -9.33% 0.03x $185.00 Million