Elanor Investors Group (ENN) - Net Assets
Based on the latest financial reports, Elanor Investors Group (ENN) has net assets worth AU$54.16 Million AUD (≈ $38.32 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$673.46 Million ≈ $476.52 Million USD) and total liabilities (AU$619.30 Million ≈ $438.19 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 Elanor Investors Group strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$54.16 Million |
| % of Total Assets | 8.04% |
| Annual Growth Rate | -2.19% |
| 5-Year Change | -74.53% |
| 10-Year Change | -44.41% |
| Growth Volatility | 36.47 |
Elanor Investors Group - Net Assets Trend (2014–2024)
This chart illustrates how Elanor Investors Group's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Elanor Investors Group stock valuation.
Annual Net Assets for Elanor Investors Group (2014–2024)
The table below shows the annual net assets of Elanor Investors Group from 2014 to 2024. Also explore ENN shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$54.16 Million ≈ $38.32 Million |
-84.53% |
| 2023-06-30 | AU$350.07 Million ≈ $247.70 Million |
+2.58% |
| 2022-06-30 | AU$341.25 Million ≈ $241.46 Million |
+39.87% |
| 2021-06-30 | AU$243.98 Million ≈ $172.63 Million |
+14.71% |
| 2020-06-30 | AU$212.69 Million ≈ $150.50 Million |
-13.49% |
| 2019-06-30 | AU$245.88 Million ≈ $173.97 Million |
+17.92% |
| 2018-06-30 | AU$208.51 Million ≈ $147.54 Million |
+14.38% |
| 2017-06-30 | AU$182.29 Million ≈ $128.98 Million |
+45.55% |
| 2016-06-30 | AU$125.24 Million ≈ $88.62 Million |
+28.54% |
| 2015-06-30 | AU$97.44 Million ≈ $68.94 Million |
+44.14% |
| 2014-06-30 | AU$67.60 Million ≈ $47.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Elanor Investors Group'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 19010700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$226.41 Million | 418.01% |
| Other Components | AU$23.76 Million | 43.87% |
| Total Equity | AU$54.16 Million | 100.00% |
Elanor Investors Group Competitors by Market Cap
The table below lists competitors of Elanor Investors Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tartana Minerals Ltd
AU:TAT
|
$3.76 Million |
|
Yu Group PLC
LSE:YU
|
$3.76 Million |
|
NOROO Paint & Coatings Co Ltd
KO:090355
|
$3.77 Million |
|
Young & Co’S Brewery A
LSE:YNGA
|
$3.77 Million |
|
Vnsteel Vicasa JSC
VN:VCA
|
$3.76 Million |
|
Raja Ferry Port Public Company Limited
BK:RP
|
$3.76 Million |
|
YouGov plc
LSE:YOU
|
$3.75 Million |
|
Monsenso AS
CO:MONSO
|
$3.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elanor Investors Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,612,000 to 54,163,000, a change of -89,449,000 (-62.3%).
- Net loss of 128,671,000 reduced equity.
- Dividend payments of 12,165,000 reduced retained earnings.
- Share repurchases of 13,278,000 reduced equity.
- Other comprehensive income decreased equity by 63,475,000.
- Other factors increased equity by 128,140,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-128.67 Million | -237.56% |
| Dividends Paid | AU$12.16 Million | -22.46% |
| Share Repurchases | AU$13.28 Million | -24.51% |
| Other Comprehensive Income | AU$-63.48 Million | -117.19% |
| Other Changes | AU$128.14 Million | +236.58% |
| Total Change | AU$- | -62.29% |
Book Value vs Market Value Analysis
This analysis compares Elanor Investors Group'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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | AU$1.11 | AU$0.04 | x |
| 2015-06-30 | AU$0.74 | AU$0.04 | x |
| 2016-06-30 | AU$0.68 | AU$0.04 | x |
| 2017-06-30 | AU$0.68 | AU$0.04 | x |
| 2018-06-30 | AU$0.41 | AU$0.04 | x |
| 2019-06-30 | AU$0.44 | AU$0.04 | x |
| 2020-06-30 | AU$1.41 | AU$0.04 | x |
| 2021-06-30 | AU$1.30 | AU$0.04 | x |
| 2022-06-30 | AU$1.18 | AU$0.04 | x |
| 2023-06-30 | AU$1.19 | AU$0.04 | x |
| 2024-06-30 | AU$0.44 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elanor Investors Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -237.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -90.54%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 12.43x
- Recent ROE (-237.56%) is below the historical average (-26.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -5.35% | -4.69% | 0.41x | 2.75x | AU$-7.56 Million |
| 2016 | -1.52% | -1.05% | 0.35x | 4.14x | AU$-5.54 Million |
| 2017 | 1.97% | 1.84% | 0.25x | 4.28x | AU$-4.95 Million |
| 2018 | -19.52% | -9.64% | 0.18x | 11.04x | AU$-11.14 Million |
| 2019 | 11.16% | 3.89% | 0.26x | 10.92x | AU$494.70K |
| 2020 | -11.84% | -24.54% | 0.14x | 3.38x | AU$-33.81 Million |
| 2021 | 5.19% | 9.94% | 0.17x | 3.13x | AU$-8.37 Million |
| 2022 | 0.59% | 0.94% | 0.14x | 4.39x | AU$-15.40 Million |
| 2023 | -11.82% | -13.93% | 0.16x | 5.43x | AU$-31.34 Million |
| 2024 | -237.56% | -90.54% | 0.21x | 12.43x | AU$-134.09 Million |
Industry Comparison
This section compares Elanor Investors Group's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $929,378,316
- Average return on equity (ROE) among peers: 11.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elanor Investors Group (ENN) | AU$54.16 Million | -5.35% | 11.43x | $3.76 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $97.27 Million | 3.12% | 0.02x | $57.41 Million |
| Australian Ethical Investment Ltd (AEF) | $15.31 Million | 33.19% | 0.51x | $333.44 Million |
| Australian Foundation Investment Company Ltd (AFI) | $1.92 Billion | 4.89% | 0.10x | $5.73 Billion |
| Alternative Investment Trust (AIQ) | $0.00 | 0.00% | 0.00x | $33.44 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $417.88 Million | 2.30% | 0.04x | $329.25 Million |
| Amcil Ltd (AMH) | $3.45 Billion | -1.39% | 0.80x | $199.18 Million |
| Associate Global Partners Ltd (APL) | $864.08K | 9.22% | 0.04x | $10.38 Million |
| Ariadne Australia Ltd (ARA) | $179.97 Million | 43.89% | 0.05x | $64.62 Million |
| ARC Funds Ltd (ARC) | $7.44 Million | 17.23% | 0.01x | $3.50 Million |
| Argo Investments Ltd (ARG) | $3.21 Billion | 5.21% | 0.09x | $4.93 Billion |
About Elanor Investors Group
Elanor Investors Group is a real estate investment firm. The firm seeks to invest in the hospitality and accommodation sector with a focus on hotels and tourism in Australia. Elanor Investors Group is based in Australia.