Corporate Travel Management Ltd (CTD) - Net Assets

Latest as of December 2024: AU$1.23 Billion AUD ≈ $871.11 Million USD

Based on the latest financial reports, Corporate Travel Management Ltd (CTD) has net assets worth AU$1.23 Billion AUD (≈ $871.11 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.59 Billion ≈ $1.12 Billion USD) and total liabilities (AU$354.79 Million ≈ $251.04 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 Corporate Travel Management Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.23 Billion
% of Total Assets	77.63%
Annual Growth Rate	48.4%
5-Year Change	113.35%
10-Year Change	404.72%
Growth Volatility	291.56

Corporate Travel Management Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Corporate Travel Management Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see CTD market cap.

Annual Net Assets for Corporate Travel Management Ltd (2007–2024)

The table below shows the annual net assets of Corporate Travel Management Ltd from 2007 to 2024. Also explore CTD net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-06-30	AU$1.19 Billion ≈ $842.49 Million	+0.26%
2023-06-30	AU$1.19 Billion ≈ $840.31 Million	+9.82%
2022-06-30	AU$1.08 Billion ≈ $765.15 Million	+27.00%
2021-06-30	AU$851.46 Million ≈ $602.46 Million	+52.57%
2020-06-30	AU$558.09 Million ≈ $394.88 Million	-5.81%
2019-06-30	AU$592.48 Million ≈ $419.22 Million	+25.66%
2018-06-30	AU$471.49 Million ≈ $333.61 Million	+17.46%
2017-06-30	AU$401.40 Million ≈ $284.02 Million	+46.80%
2016-06-30	AU$273.44 Million ≈ $193.48 Million	+15.91%
2015-06-30	AU$235.91 Million ≈ $166.92 Million	+77.53%
2014-06-30	AU$132.88 Million ≈ $94.02 Million	+92.25%
2013-06-30	AU$69.12 Million ≈ $48.91 Million	+30.39%
2012-06-30	AU$53.01 Million ≈ $37.51 Million	+38.65%
2011-06-30	AU$38.23 Million ≈ $27.05 Million	+27.36%
2010-06-30	AU$30.02 Million ≈ $21.24 Million	+256.04%
2009-06-30	AU$8.43 Million ≈ $5.97 Million	+1251.12%
2008-06-30	AU$624.00K ≈ $441.52K	-56.94%
2007-06-30	AU$1.45 Million ≈ $1.03 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Corporate Travel Management 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 17827.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Retained Earnings	AU$179.99 Million	15.32%
Common Stock	AU$903.32 Million	76.89%
Other Comprehensive Income	AU$91.57 Million	7.79%
Total Equity	AU$1.17 Billion	100.00%

Corporate Travel Management Ltd Competitors by Market Cap

The table below lists competitors of Corporate Travel Management Ltd ranked by their market capitalization.

Company	Market Cap
Anhui Chaoyue Environmental Protection Technology Co. Ltd. SHE:301049	$284.12 Million
Tudor Gold Corp V:TUD	$284.13 Million
Transcontinental Inc TO:TCL-A	$284.14 Million
Union Insurance Co Ltd TW:2816	$284.26 Million
Shanghai Rendu Biotechnology Co. Ltd. A SHG:688193	$283.68 Million
Telecomunicações Brasileiras S.A. - TELEBRÁS SA:TELB3	$283.54 Million
Guangdong Tengen Industrial Group C SHE:003003	$283.42 Million
Sight Sciences Inc NASDAQ:SGHT	$283.39 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,172,687,000 to 1,174,885,000, a change of 2,198,000 (0.2%).
Net income of 84,452,000 contributed positively to equity growth.
Dividend payments of 57,033,000 reduced retained earnings.
Share repurchases of 26,080,000 reduced equity.
Other comprehensive income increased equity by 859,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$84.45 Million	+7.19%
Dividends Paid	AU$57.03 Million	-4.85%
Share Repurchases	AU$26.08 Million	-2.22%
Other Comprehensive Income	AU$859.00K	+0.07%
Total Change	AU$-	0.19%

Book Value vs Market Value Analysis

This analysis compares Corporate Travel Management 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: 0.34x
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 6.87x to 0.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-06-30	AU$0.40	AU$2.74	x
2011-06-30	AU$0.58	AU$2.74	x
2012-06-30	AU$0.68	AU$2.74	x
2013-06-30	AU$0.91	AU$2.74	x
2014-06-30	AU$1.48	AU$2.74	x
2015-06-30	AU$2.37	AU$2.74	x
2016-06-30	AU$2.63	AU$2.74	x
2017-06-30	AU$3.72	AU$2.74	x
2018-06-30	AU$4.23	AU$2.74	x
2019-06-30	AU$5.08	AU$2.74	x
2020-06-30	AU$4.81	AU$2.74	x
2021-06-30	AU$6.50	AU$2.74	x
2022-06-30	AU$7.62	AU$2.74	x
2023-06-30	AU$7.99	AU$2.74	x
2024-06-30	AU$8.05	AU$2.74	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Corporate Travel Management 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): 7.19%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.93%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.40x
Recent ROE (7.19%) is below the historical average (11.05%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	11.05%	10.51%	0.72x	1.46x	AU$315.20K
2011	21.63%	18.01%	0.78x	1.54x	AU$4.44 Million
2012	22.26%	18.25%	0.77x	1.58x	AU$6.50 Million
2013	17.93%	15.98%	0.67x	1.68x	AU$5.48 Million
2014	12.74%	14.34%	0.44x	2.00x	AU$3.41 Million
2015	11.80%	13.32%	0.45x	1.97x	AU$4.02 Million
2016	16.29%	15.91%	0.46x	2.21x	AU$16.27 Million
2017	14.12%	16.74%	0.44x	1.92x	AU$15.92 Million
2018	16.88%	20.61%	0.46x	1.77x	AU$31.28 Million
2019	15.17%	19.30%	0.45x	1.77x	AU$29.38 Million
2020	-1.52%	-2.59%	0.40x	1.45x	AU$-62.07 Million
2021	-6.62%	-31.80%	0.15x	1.39x	AU$-138.96 Million
2022	0.29%	0.82%	0.24x	1.45x	AU$-103.69 Million
2023	6.62%	11.93%	0.37x	1.50x	AU$-39.69 Million
2024	7.19%	11.93%	0.43x	1.40x	AU$-33.04 Million

Industry Comparison

This section compares Corporate Travel Management Ltd's net assets metrics with peer companies in the Travel Services industry.

Industry Context

Industry: Travel Services
Average net assets among peers: $47,068,144
Average return on equity (ROE) among peers: 10.89%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Corporate Travel Management Ltd (CTD)	AU$1.23 Billion	11.05%	0.29x	$283.69 Million
Flight Centre Travel Group Ltd (FLT)	$27.25 Million	-0.23%	3.36x	$1.51 Billion
Helloworld Travel Ltd (HLO)	$13.70 Million	29.12%	0.75x	$158.67 Million
Jayride Group Ltd (JAY)	$-4.24 Million	0.00%	0.00x	$6.60 Million
WEB Travel Group Ltd (WEB)	$151.56 Million	14.66%	1.49x	$899.01 Million

About Corporate Travel Management Ltd

AU:CTD Australia Travel Services

Market Cap

$283.69 Million

AU$400.93 Million AUD

Market Cap Rank

#15236 Global

#406 in Australia

Share Price

AU$2.74

Change (1 day)

+6.61%

52-Week Range

AU$2.00 - AU$16.07

All Time High

AU$30.02