Elders Ltd (ELD) - Net Assets
Based on the latest financial reports, Elders Ltd (ELD) has net assets worth AU$1.09 Billion AUD (≈ $768.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.65 Billion ≈ $1.87 Billion USD) and total liabilities (AU$1.56 Billion ≈ $1.11 Billion 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 Elders Ltd operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.09 Billion |
| % of Total Assets | 41.0% |
| Annual Growth Rate | 12.68% |
| 5-Year Change | 39.43% |
| 10-Year Change | 482.06% |
| Growth Volatility | 41.19 |
Elders Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Elders Ltd's net assets have evolved over time, based on quarterly financial data. Explore Elders Ltd (ELD) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Elders Ltd (1989–2025)
The table below shows the annual net assets of Elders Ltd from 1989 to 2025. For live valuation and market cap data, see Elders Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | AU$1.09 Billion ≈ $768.10 Million |
+28.44% |
| 2024-09-30 | AU$845.19 Million ≈ $598.03 Million |
-2.50% |
| 2023-09-30 | AU$866.84 Million ≈ $613.34 Million |
+0.71% |
| 2022-09-30 | AU$860.72 Million ≈ $609.01 Million |
+10.55% |
| 2021-09-30 | AU$778.59 Million ≈ $550.90 Million |
+15.81% |
| 2020-09-30 | AU$672.33 Million ≈ $475.71 Million |
+36.41% |
| 2019-09-30 | AU$492.88 Million ≈ $348.75 Million |
+59.74% |
| 2018-09-30 | AU$308.55 Million ≈ $218.32 Million |
+19.74% |
| 2017-09-30 | AU$257.68 Million ≈ $182.32 Million |
+38.16% |
| 2016-09-30 | AU$186.50 Million ≈ $131.96 Million |
+67.07% |
| 2015-09-30 | AU$111.63 Million ≈ $78.98 Million |
+95.74% |
| 2014-09-30 | AU$57.03 Million ≈ $40.35 Million |
+23.44% |
| 2013-09-30 | AU$46.20 Million ≈ $32.69 Million |
-91.63% |
| 2012-09-30 | AU$551.78 Million ≈ $390.42 Million |
-8.75% |
| 2011-09-30 | AU$604.68 Million ≈ $427.85 Million |
-39.90% |
| 2010-09-30 | AU$1.01 Billion ≈ $711.87 Million |
+68.29% |
| 2009-09-30 | AU$597.82 Million ≈ $423.00 Million |
-20.06% |
| 2009-06-30 | AU$747.80 Million ≈ $529.12 Million |
-42.31% |
| 2008-09-30 | AU$1.30 Billion ≈ $917.13 Million |
+9.24% |
| 2007-09-30 | AU$1.19 Billion ≈ $839.52 Million |
-3.37% |
| 2006-09-30 | AU$1.23 Billion ≈ $868.84 Million |
+13.45% |
| 2005-09-30 | AU$1.08 Billion ≈ $765.82 Million |
+12.61% |
| 2004-09-30 | AU$961.16 Million ≈ $680.08 Million |
+6.63% |
| 2003-09-30 | AU$901.43 Million ≈ $637.82 Million |
+16.02% |
| 2002-09-30 | AU$776.99 Million ≈ $549.77 Million |
+4.86% |
| 2001-09-30 | AU$741.01 Million ≈ $524.31 Million |
+6.52% |
| 2000-09-30 | AU$695.64 Million ≈ $492.21 Million |
+11.46% |
| 1999-09-30 | AU$624.13 Million ≈ $441.61 Million |
+7.27% |
| 1998-09-30 | AU$581.82 Million ≈ $411.67 Million |
+25.11% |
| 1997-09-30 | AU$465.05 Million ≈ $329.05 Million |
+88.30% |
| 1996-09-30 | AU$246.97 Million ≈ $174.75 Million |
+20.92% |
| 1995-09-30 | AU$204.25 Million ≈ $144.52 Million |
+16.74% |
| 1994-09-30 | AU$174.96 Million ≈ $123.80 Million |
+17.54% |
| 1993-09-30 | AU$148.86 Million ≈ $105.33 Million |
+59.03% |
| 1992-09-30 | AU$93.60 Million ≈ $66.23 Million |
+145.48% |
| 1991-09-30 | AU$38.13 Million ≈ $26.98 Million |
+50.66% |
| 1990-09-30 | AU$25.31 Million ≈ $17.91 Million |
+71.42% |
| 1989-09-30 | AU$14.76 Million ≈ $10.45 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Elders 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 76423800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.91 Billion | 176.34% |
| Other Comprehensive Income | AU$-49.55 Million | -4.59% |
| Total Equity | AU$1.08 Billion | 100.00% |
Elders Ltd Competitors by Market Cap
The table below lists competitors of Elders Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASGN Inc
NYSE:ASGN
|
$856.13 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$856.14 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$856.47 Million |
|
Mersen SA
PA:MRN
|
$856.60 Million |
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$855.43 Million |
|
Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA
|
$855.27 Million |
|
Guangdong Greenway Technology Co Ltd
SHG:688345
|
$854.93 Million |
|
Yeo Teknoloji Enerji ve Endustri AS
IS:YEOTK
|
$854.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elders Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 840,724,000 to 1,080,595,000, a change of 239,871,000 (28.5%).
- Net income of 50,291,000 contributed positively to equity growth.
- Dividend payments of 56,096,000 reduced retained earnings.
- Share repurchases of 6,833,000 reduced equity.
- New share issuances of 245,765,000 increased equity.
- Other comprehensive income increased equity by 3,871,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$50.29 Million | +4.65% |
| Dividends Paid | AU$56.10 Million | -5.19% |
| Share Repurchases | AU$6.83 Million | -0.63% |
| Share Issuances | AU$245.76 Million | +22.74% |
| Other Comprehensive Income | AU$3.87 Million | +0.36% |
| Other Changes | AU$2.87 Million | +0.27% |
| Total Change | AU$- | 28.53% |
Book Value vs Market Value Analysis
This analysis compares Elders 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: 0.96x
- 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 58.87x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-09-30 | AU$0.10 | AU$5.64 | x |
| 1990-09-30 | AU$0.16 | AU$5.64 | x |
| 1991-09-30 | AU$14.76 | AU$5.64 | x |
| 1992-09-30 | AU$22.63 | AU$5.64 | x |
| 1993-09-30 | AU$34.16 | AU$5.64 | x |
| 1994-09-30 | AU$39.01 | AU$5.64 | x |
| 1995-09-30 | AU$40.34 | AU$5.64 | x |
| 1996-09-30 | AU$46.02 | AU$5.64 | x |
| 1997-09-30 | AU$67.26 | AU$5.64 | x |
| 1998-09-30 | AU$75.60 | AU$5.64 | x |
| 1999-09-30 | AU$79.98 | AU$5.64 | x |
| 2000-09-30 | AU$97.28 | AU$5.64 | x |
| 2001-09-30 | AU$95.51 | AU$5.64 | x |
| 2002-09-30 | AU$97.88 | AU$5.64 | x |
| 2003-09-30 | AU$107.41 | AU$5.64 | x |
| 2004-09-30 | AU$108.42 | AU$5.64 | x |
| 2005-09-30 | AU$116.16 | AU$5.64 | x |
| 2006-09-30 | AU$127.62 | AU$5.64 | x |
| 2007-09-30 | AU$122.97 | AU$5.64 | x |
| 2008-09-30 | AU$118.49 | AU$5.64 | x |
| 2009-09-30 | AU$-0.72 | AU$5.64 | x |
| 2010-09-30 | AU$18.83 | AU$5.64 | x |
| 2011-09-30 | AU$10.72 | AU$5.64 | x |
| 2012-09-30 | AU$9.69 | AU$5.64 | x |
| 2013-09-30 | AU$0.75 | AU$5.64 | x |
| 2014-09-30 | AU$1.03 | AU$5.64 | x |
| 2015-09-30 | AU$0.91 | AU$5.64 | x |
| 2016-09-30 | AU$1.69 | AU$5.64 | x |
| 2017-09-30 | AU$2.15 | AU$5.64 | x |
| 2018-09-30 | AU$2.53 | AU$5.64 | x |
| 2019-09-30 | AU$3.94 | AU$5.64 | x |
| 2020-09-30 | AU$4.26 | AU$5.64 | x |
| 2021-09-30 | AU$4.87 | AU$5.64 | x |
| 2022-09-30 | AU$5.38 | AU$5.64 | x |
| 2023-09-30 | AU$5.43 | AU$5.64 | x |
| 2024-09-30 | AU$5.26 | AU$5.64 | x |
| 2025-09-30 | AU$5.85 | AU$5.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elders Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.58%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.45x
- Recent ROE (4.65%) is above the historical average (-27.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -3.75% | -1.31% | 0.99x | 2.89x | AU$-2.03 Million |
| 1990 | -1.84% | -1.38% | 0.75x | 1.77x | AU$-3.00 Million |
| 1991 | 13.42% | 5.61% | 1.21x | 1.98x | AU$1.30 Million |
| 1992 | -3.12% | -1.34% | 0.84x | 2.76x | AU$-10.56 Million |
| 1993 | 0.44% | 0.24% | 0.88x | 2.06x | AU$-14.12 Million |
| 1994 | 0.24% | 0.14% | 0.90x | 1.98x | AU$-17.08 Million |
| 1995 | 19.60% | 11.45% | 0.93x | 1.84x | AU$19.61 Million |
| 1996 | 21.07% | 15.09% | 0.77x | 1.81x | AU$27.33 Million |
| 1997 | -0.47% | -0.07% | 2.23x | 2.88x | AU$-48.44 Million |
| 1998 | -0.76% | 0.00% | 0.00x | 2.63x | AU$-61.28 Million |
| 1999 | -0.86% | 0.00% | 0.00x | 2.68x | AU$-66.49 Million |
| 2000 | -0.74% | -0.10% | 2.72x | 2.64x | AU$-74.34 Million |
| 2001 | -0.90% | -0.11% | 2.78x | 2.82x | AU$-78.82 Million |
| 2002 | -0.39% | -0.04% | 3.45x | 2.62x | AU$-77.83 Million |
| 2003 | -0.82% | -0.30% | 1.06x | 2.56x | AU$-91.27 Million |
| 2004 | -0.66% | -0.22% | 1.11x | 2.73x | AU$-94.92 Million |
| 2005 | -1.22% | -0.37% | 1.07x | 3.09x | AU$-107.82 Million |
| 2006 | 7.09% | 2.57% | 1.00x | 2.77x | AU$-35.34 Million |
| 2007 | 8.55% | 3.26% | 1.00x | 2.63x | AU$-17.13 Million |
| 2008 | 3.01% | 1.08% | 0.99x | 2.82x | AU$-84.50 Million |
| 2009 | 0.00% | -15.31% | 1.07x | 0.00x | AU$-414.68 Million |
| 2010 | -20.81% | -11.01% | 0.90x | 2.09x | AU$-308.95 Million |
| 2011 | -65.70% | -19.06% | 1.23x | 2.81x | AU$-455.52 Million |
| 2012 | -11.14% | -3.05% | 1.32x | 2.77x | AU$-115.01 Million |
| 2013 | -1204.16% | -30.45% | 2.44x | 16.23x | AU$-509.45 Million |
| 2014 | 5.36% | 0.21% | 2.77x | 9.25x | AU$-2.58 Million |
| 2015 | 34.69% | 2.54% | 2.61x | 5.23x | AU$27.25 Million |
| 2016 | 28.01% | 3.15% | 2.37x | 3.76x | AU$33.16 Million |
| 2017 | 45.39% | 7.26% | 1.99x | 3.14x | AU$90.44 Million |
| 2018 | 23.33% | 4.45% | 1.73x | 3.03x | AU$40.89 Million |
| 2019 | 14.02% | 4.16% | 1.63x | 2.07x | AU$19.77 Million |
| 2020 | 18.32% | 5.88% | 1.35x | 2.32x | AU$55.85 Million |
| 2021 | 19.32% | 5.90% | 1.41x | 2.32x | AU$72.23 Million |
| 2022 | 19.05% | 4.74% | 1.70x | 2.36x | AU$77.38 Million |
| 2023 | 11.69% | 3.04% | 1.60x | 2.41x | AU$14.59 Million |
| 2024 | 5.36% | 1.45% | 1.34x | 2.77x | AU$-38.99 Million |
| 2025 | 4.65% | 1.58% | 1.20x | 2.45x | AU$-57.77 Million |
Industry Comparison
This section compares Elders Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $123,115,230
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elders Ltd (ELD) | AU$1.09 Billion | -3.75% | 1.44x | $855.91 Million |
| Australian Agricultural Company Ltd (AAC) | $307.09 Million | 0.30% | 0.60x | $554.44 Million |
| Australian Agricultural Projects Ltd (AAP) | $5.06 Million | 11.23% | 1.69x | $15.91 Million |
| Clean Seas Seafood Ltd (CSS) | $61.98 Million | -53.97% | 0.40x | $20.02 Million |
| Duxton Farms Ltd (DBF) | $73.70 Million | -0.57% | 0.25x | $39.03 Million |
| Farm Pride Foods Ltd (FRM) | $17.09 Million | -37.92% | 2.16x | $36.68 Million |
| Graincorp Ltd (GNC) | $396.22 Million | 0.00% | 1.10x | $794.32 Million |
| Inghams Group Ltd (ING) | $164.50 Million | 76.72% | 5.58x | $531.23 Million |
| Lynch Group Holdings Ltd (LGL) | $70.60 Million | 8.27% | 2.09x | $189.75 Million |
| Murray Cod Australia Ltd (MCA) | $11.80 Million | -2.27% | 0.16x | $13.59 Million |
About Elders Ltd
Elders Limited engages in the provision of agricultural products and services to rural and regional customers primarily in Australia. It operates through Branch Network, Wholesale Products, and Feed and Processing Services segments. The company supplies rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professi… Read more