Centuria Office REIT (COF) - Net Assets

Latest as of December 2025: AU$1.03 Billion AUD ≈ $726.79 Million USD

Based on the latest financial reports, Centuria Office REIT (COF) has net assets worth AU$1.03 Billion AUD (≈ $726.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.00 Billion ≈ $1.42 Billion USD) and total liabilities (AU$976.69 Million ≈ $691.07 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. Explore COF cash generation efficiency to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.03 Billion
% of Total Assets	51.26%
Annual Growth Rate	31.19%
5-Year Change	-21.9%
10-Year Change	282.79%
Growth Volatility	70.32

Centuria Office REIT - Net Assets Trend (2013–2025)

This chart illustrates how Centuria Office REIT's net assets have evolved over time, based on quarterly financial data. Also explore COF asset base for the complete picture of this company's asset base.

Annual Net Assets for Centuria Office REIT (2013–2025)

The table below shows the annual net assets of Centuria Office REIT from 2013 to 2025. For live valuation and market cap data, see Centuria Office REIT stock valuation.

Year	Net Assets	Change
2025-06-30	AU$995.81 Million ≈ $704.60 Million	-7.45%
2024-06-30	AU$1.08 Billion ≈ $761.28 Million	-18.26%
2023-06-30	AU$1.32 Billion ≈ $931.40 Million	-11.80%
2022-06-30	AU$1.49 Billion ≈ $1.06 Billion	+17.06%
2021-06-30	AU$1.27 Billion ≈ $902.14 Million	-0.62%
2020-06-30	AU$1.28 Billion ≈ $907.77 Million	+43.42%
2019-06-30	AU$894.57 Million ≈ $632.96 Million	+46.54%
2018-06-30	AU$610.47 Million ≈ $431.95 Million	+45.16%
2017-06-30	AU$420.54 Million ≈ $297.56 Million	+61.66%
2016-06-30	AU$260.14 Million ≈ $184.07 Million	+10.58%
2015-06-30	AU$235.26 Million ≈ $166.46 Million	+72.73%
2014-06-30	AU$136.20 Million ≈ $96.37 Million	+255.51%
2013-06-30	AU$38.31 Million ≈ $27.11 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Centuria Office 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 decreased by 47949571800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$1.48 Billion	149.08%
Total Equity	AU$995.81 Million	100.00%

Centuria Office REIT Competitors by Market Cap

The table below lists competitors of Centuria Office REIT ranked by their market capitalization.

Company	Market Cap
Jupiter Mines Ltd AU:JMS	$382.52 Million
PTG Energy PCL BK:PTG	$382.59 Million
GMM Pfaudler Limited NSE:GMMPFAUDLR	$382.71 Million
Enanta Pharmaceuticals Inc NASDAQ:ENTA	$382.77 Million
Melcor Developments Ltd. TO:MRD	$382.48 Million
HEBA Fastighets AB (publ) ST:HEBA-B	$382.47 Million
Natures Sunshine Products Inc NASDAQ:NATR	$382.45 Million
Eventbrite Inc Class A NYSE:EB	$382.43 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,075,919,000 to 995,807,000, a change of -80,112,000 (-7.4%).
Net loss of 19,780,000 reduced equity.
Dividend payments of 63,168,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-19.78 Million	-1.99%
Dividends Paid	AU$63.17 Million	-6.34%
Other Changes	AU$2.84 Million	+0.28%
Total Change	AU$-	-7.45%

Book Value vs Market Value Analysis

This analysis compares Centuria Office 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: 0.54x
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 3.75x to 0.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$0.24	AU$0.91	x
2014-06-30	AU$1.87	AU$0.91	x
2015-06-30	AU$0.22	AU$0.91	x
2016-06-30	AU$0.24	AU$0.91	x
2017-06-30	AU$0.73	AU$0.91	x
2018-06-30	AU$1.06	AU$0.91	x
2019-06-30	AU$1.55	AU$0.91	x
2020-06-30	AU$2.22	AU$0.91	x
2021-06-30	AU$2.21	AU$0.91	x
2022-06-30	AU$2.58	AU$0.91	x
2023-06-30	AU$2.20	AU$0.91	x
2024-06-30	AU$1.80	AU$0.91	x
2025-06-30	AU$1.67	AU$0.91	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Centuria Office 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): -1.99%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -12.88%
• Asset Turnover: 0.08x
• Equity Multiplier: 1.96x
Recent ROE (-1.99%) is below the historical average (4.34%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	9.17%	14.50%	0.11x	5.51x	AU$-166.12K
2014	2.81%	31.06%	0.07x	1.36x	AU$-9.79 Million
2015	5.69%	37.60%	0.06x	2.65x	AU$-5.38 Million
2016	18.93%	67.34%	0.10x	2.95x	AU$12.59 Million
2017	8.96%	88.92%	0.07x	1.50x	AU$-4.36 Million
2018	13.94%	110.15%	0.09x	1.48x	AU$24.03 Million
2019	5.99%	49.21%	0.08x	1.60x	AU$-35.88 Million
2020	1.80%	15.74%	0.07x	1.65x	AU$-105.24 Million
2021	6.03%	47.55%	0.08x	1.62x	AU$-50.56 Million
2022	7.71%	68.87%	0.07x	1.62x	AU$-34.23 Million
2023	-6.98%	-54.96%	0.07x	1.76x	AU$-223.57 Million
2024	-15.68%	-104.43%	0.08x	1.84x	AU$-276.34 Million
2025	-1.99%	-12.88%	0.08x	1.96x	AU$-119.36 Million

Industry Comparison

This section compares Centuria Office REIT's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

Industry: REIT - Office
Average net assets among peers: $1,488,114,000
Average return on equity (ROE) among peers: 15.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Centuria Office REIT (COF)	AU$1.03 Billion	9.17%	0.95x	$382.50 Million
Australian Unity Office Fund (AOF)	$454.01 Million	9.87%	0.49x	$42.69 Million
Cromwell Property Group (CMW)	$49.69 Million	23.13%	1.26x	$796.80 Million
Dexus (DXS)	$4.72 Billion	21.43%	0.76x	$4.55 Billion
Growthpoint Properties Australia (GOZ)	$733.24 Million	6.77%	1.19x	$1.16 Billion

About Centuria Office REIT

AU:COF Australia REIT - Office

Market Cap

$382.50 Million

AU$540.59 Million AUD

Market Cap Rank

#13900 Global

#363 in Australia

Share Price

AU$0.91

Change (1 day)

-0.55%

52-Week Range

AU$0.91 - AU$1.31

All Time High

AU$2.16