Civmec Ltd
Civmec Limited, an investment holding company, provides construction and engineering services to the energy, resources, infrastructure, marine, and defense sectors in Australia. It undertakes fabrication projects, such as structural steel, plateworks, tanks, vessels, materials handling equipment, subsea and offshore structures, and pipe spooling services. It offers modularization services; shipbu… Read more
Civmec Ltd (CVL) - Net Assets
Latest net assets as of December 2025: AU$534.59 Million AUD
Based on the latest financial reports, Civmec Ltd (CVL) has net assets worth AU$534.59 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$1.07 Billion) and total liabilities (AU$533.20 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$534.59 Million |
| % of Total Assets | 50.07% |
| Annual Growth Rate | 25.82% |
| 5-Year Change | 82.12% |
| 10-Year Change | 230.13% |
| Growth Volatility | 79.5 |
Civmec Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Civmec 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 Civmec Ltd (2011–2025)
The table below shows the annual net assets of Civmec Ltd from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$530.51 Million | +8.66% |
| 2024-06-30 | AU$488.22 Million | +15.83% |
| 2023-06-30 | AU$421.51 Million | +13.40% |
| 2022-06-30 | AU$371.69 Million | +27.60% |
| 2021-06-30 | AU$291.29 Million | +11.23% |
| 2020-06-30 | AU$261.88 Million | +49.92% |
| 2019-06-30 | AU$174.68 Million | +1.40% |
| 2018-06-30 | AU$172.26 Million | -1.40% |
| 2017-06-30 | AU$174.72 Million | +8.73% |
| 2016-06-30 | AU$160.70 Million | +5.88% |
| 2015-06-30 | AU$151.77 Million | +5.20% |
| 2014-06-30 | AU$144.27 Million | +30.94% |
| 2013-06-30 | AU$110.18 Million | +23.23% |
| 2012-06-30 | AU$89.41 Million | +319.87% |
| 2011-06-30 | AU$21.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Civmec 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 2676.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$298.76 Million | 56.29% |
| Common Stock | AU$32.81 Million | 6.18% |
| Other Comprehensive Income | AU$191.63 Million | 36.10% |
| Other Components | AU$7.58 Million | 1.43% |
| Total Equity | AU$530.77 Million | 100.00% |
Civmec Ltd Competitors by Market Cap
The table below lists competitors of Civmec Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MVB Financial Corp
NASDAQ:MVBF
|
$287.31 Million |
|
Jiangsu Zeyu Intelligent Power Co.Ltd.
SHE:301179
|
$287.46 Million |
|
New Providence Acquisition Corp. III Class A Ordinary Shares
NASDAQ:NPAC
|
$287.50 Million |
|
Lotte Rental Co Ltd
KO:089860
|
$287.62 Million |
|
Bear Electric Appliance Co Ltd
SHE:002959
|
$287.21 Million |
|
The Gym Group plc
PINK:GYYMF
|
$286.98 Million |
|
Hangzhou Huaguang Advanced Welding Materials Co Ltd
SHG:688379
|
$286.97 Million |
|
Mingyue Optical Lens Co.Ltd.
SHE:301101
|
$286.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Civmec Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 488,479,000 to 530,773,000, a change of 42,294,000 (8.7%).
- Net income of 42,536,000 contributed positively to equity growth.
- Dividend payments of 30,511,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,123,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$42.54 Million | +8.01% |
| Dividends Paid | AU$30.51 Million | -5.75% |
| Other Comprehensive Income | AU$27.12 Million | +5.11% |
| Other Changes | AU$3.15 Million | +0.59% |
| Total Change | AU$- | 8.66% |
Book Value vs Market Value Analysis
This analysis compares Civmec 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: 1.56x
- 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 38.11x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | AU$0.04 | AU$1.62 | x |
| 2012-06-30 | AU$0.18 | AU$1.62 | x |
| 2013-06-30 | AU$0.22 | AU$1.62 | x |
| 2014-06-30 | AU$0.29 | AU$1.62 | x |
| 2015-06-30 | AU$0.30 | AU$1.62 | x |
| 2016-06-30 | AU$0.32 | AU$1.62 | x |
| 2017-06-30 | AU$0.35 | AU$1.62 | x |
| 2018-06-30 | AU$0.35 | AU$1.62 | x |
| 2019-06-30 | AU$0.35 | AU$1.62 | x |
| 2020-06-30 | AU$0.52 | AU$1.62 | x |
| 2021-06-30 | AU$0.58 | AU$1.62 | x |
| 2022-06-30 | AU$0.74 | AU$1.62 | x |
| 2023-06-30 | AU$0.82 | AU$1.62 | x |
| 2024-06-30 | AU$0.95 | AU$1.62 | x |
| 2025-06-30 | AU$1.04 | AU$1.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Civmec 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): 8.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.25%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.72x
- Recent ROE (8.01%) is below the historical average (14.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 26.80% | 9.35% | 0.84x | 3.42x | AU$3.58 Million |
| 2012 | 26.17% | 7.12% | 1.83x | 2.01x | AU$14.46 Million |
| 2013 | 28.25% | 7.67% | 2.10x | 1.75x | AU$20.10 Million |
| 2014 | 24.31% | 8.09% | 1.50x | 2.01x | AU$20.65 Million |
| 2015 | 19.97% | 6.07% | 1.95x | 1.69x | AU$15.13 Million |
| 2016 | 10.84% | 4.40% | 1.53x | 1.61x | AU$1.36 Million |
| 2017 | 4.81% | 2.44% | 1.07x | 1.85x | AU$-9.08 Million |
| 2018 | 10.54% | 2.58% | 1.59x | 2.58x | AU$934.32K |
| 2019 | 3.49% | 1.24% | 1.14x | 2.47x | AU$-11.38 Million |
| 2020 | 6.68% | 4.49% | 0.65x | 2.28x | AU$-8.69 Million |
| 2021 | 11.90% | 5.16% | 1.06x | 2.18x | AU$5.55 Million |
| 2022 | 13.67% | 6.27% | 1.12x | 1.95x | AU$13.64 Million |
| 2023 | 13.70% | 6.94% | 1.07x | 1.84x | AU$15.60 Million |
| 2024 | 13.17% | 6.23% | 1.14x | 1.86x | AU$15.50 Million |
| 2025 | 8.01% | 5.25% | 0.89x | 1.72x | AU$-10.54 Million |
Industry Comparison
This section compares Civmec Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $58,161,725
- Average return on equity (ROE) among peers: -10.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Civmec Ltd (CVL) | AU$534.59 Million | 26.80% | 1.00x | $287.26 Million |
| Acrow Ltd (ACF) | $118.59 Million | -12.70% | 0.71x | $131.47 Million |
| BSA Ltd (BSA) | $23.06 Million | 0.16% | 1.12x | $6.98 Million |
| Bwe Drilling Ltd (BWE) | $47.42 Million | 4.19% | 1.23x | $24.32 Million |
| Cardno Ltd (CDD) | $4.30 Million | 0.00% | 2.62x | $1.40 Million |
| Dynamic Group Holdings Ltd (DDB) | $36.63 Million | 5.59% | 1.19x | $24.32 Million |
| DRA Global Ltd (DRA) | $250.88 Million | 9.78% | 0.67x | $18.52 Million |
| Duratec Ltd (DUR) | $30.96 Million | 25.07% | 3.45x | $179.46 Million |
| EVZ Ltd (EVZ) | $8.26 Million | -126.18% | 3.86x | $13.41 Million |
| Fleetwood Ltd (FWD) | $3.36 Million | 0.00% | 3.66x | $85.72 Million |