Flight Centre Travel Group Ltd

AU:FLT Australia Travel Services
Market Cap
$1.51 Billion
AU$2.44 Billion AUD
Market Cap Rank
#6660 Global
#66 in Australia
Share Price
AU$11.47
Change (1 day)
+1.87%
52-Week Range
AU$11.26 - AU$16.45
All Time High
AU$53.91
Categories
Companies in Australia Travel Services
About

Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across… Read more

Flight Centre Travel Group Ltd (FLT) - Net Assets

Latest net assets as of December 2025: AU$1.18 Billion AUD

Based on the latest financial reports, Flight Centre Travel Group Ltd (FLT) has net assets worth AU$1.18 Billion 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$4.66 Billion) and total liabilities (AU$3.47 Billion). 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$1.18 Billion
% of Total Assets 25.39%
Annual Growth Rate 14.02%
5-Year Change 27.99%
10-Year Change -9.09%
Growth Volatility 23.09

Flight Centre Travel Group Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Flight Centre Travel Group 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 Flight Centre Travel Group Ltd (1996–2025)

The table below shows the annual net assets of Flight Centre Travel Group Ltd from 1996 to 2025.

Year Net Assets Change
2025-06-30 AU$1.22 Billion +1.70%
2024-06-30 AU$1.20 Billion +5.87%
2023-06-30 AU$1.14 Billion +46.18%
2022-06-30 AU$777.46 Million -18.68%
2021-06-30 AU$956.04 Million -29.70%
2020-06-30 AU$1.36 Billion -7.00%
2019-06-30 AU$1.46 Billion -3.45%
2018-06-30 AU$1.51 Billion +6.01%
2017-06-30 AU$1.43 Billion +6.15%
2016-06-30 AU$1.35 Billion +5.97%
2015-06-30 AU$1.27 Billion +15.70%
2014-06-30 AU$1.10 Billion +6.98%
2013-06-30 AU$1.03 Billion +19.72%
2012-06-30 AU$857.13 Million +15.73%
2011-06-30 AU$740.62 Million +4.22%
2010-06-30 AU$710.65 Million +16.37%
2009-06-30 AU$610.69 Million +0.97%
2008-06-30 AU$604.84 Million +25.49%
2007-06-30 AU$481.99 Million +17.31%
2006-06-30 AU$410.88 Million +6.06%
2005-06-30 AU$387.41 Million -8.68%
2004-06-30 AU$424.24 Million +15.40%
2003-06-30 AU$367.61 Million +55.81%
2002-06-30 AU$235.94 Million +79.75%
2001-06-30 AU$131.26 Million +34.44%
2000-06-30 AU$97.63 Million +41.30%
1999-06-30 AU$69.10 Million +55.93%
1998-06-30 AU$44.31 Million +27.00%
1997-06-30 AU$34.89 Million +28.03%
1996-06-30 AU$27.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Flight Centre Travel Group 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 3233.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$1.38 Billion 113.12%
Other Comprehensive Income AU$160.62 Million 13.12%
Total Equity AU$1.22 Billion 100.00%

Flight Centre Travel Group Ltd Competitors by Market Cap

The table below lists competitors of Flight Centre Travel Group Ltd ranked by their market capitalization.

Company Market Cap
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
 		$1.18 Billion
Biohaven Pharmaceutical Holding Co Ltd
NYSE:BHVN
 		$1.18 Billion
HUTCHMED (CHINA) LS-1
F:H7T2
 		$1.18 Billion
Hufvudstaden AB (publ)
PINK:HUFAF
 		$1.18 Billion
Thai Life Insurance PCL
BK:TLI
 		$1.18 Billion
C*Core Technology Co Ltd
SHG:688262
 		$1.18 Billion
Brederode SA
BR:BREB
 		$1.18 Billion
Shenzhen Batian Ecotypic Engineering Co Ltd
SHE:002170
 		$1.18 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,202,280,000 to 1,224,248,000, a change of 21,968,000 (1.8%).
  • Net income of 109,489,000 contributed positively to equity growth.
  • Dividend payments of 91,937,000 reduced retained earnings.
  • Share repurchases of 57,125,000 reduced equity.
  • New share issuances of 10,831,000 increased equity.
  • Other comprehensive income increased equity by 28,652,000.
  • Other factors increased equity by 22,058,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$109.49 Million +8.94%
Dividends Paid AU$91.94 Million -7.51%
Share Repurchases AU$57.12 Million -4.67%
Share Issuances AU$10.83 Million +0.88%
Other Comprehensive Income AU$28.65 Million +2.34%
Other Changes AU$22.06 Million +1.8%
Total Change AU$- 1.83%

Book Value vs Market Value Analysis

This analysis compares Flight Centre Travel Group 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: 2.09x
  • 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 50.77x to 2.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-06-30 AU$0.23 AU$11.47 x
1997-06-30 AU$0.29 AU$11.47 x
1998-06-30 AU$0.37 AU$11.47 x
1999-06-30 AU$0.57 AU$11.47 x
2000-06-30 AU$0.81 AU$11.47 x
2001-06-30 AU$1.09 AU$11.47 x
2002-06-30 AU$1.97 AU$11.47 x
2003-06-30 AU$3.07 AU$11.47 x
2004-06-30 AU$3.54 AU$11.47 x
2005-06-30 AU$3.23 AU$11.47 x
2006-06-30 AU$3.43 AU$11.47 x
2007-06-30 AU$4.02 AU$11.47 x
2008-06-30 AU$5.04 AU$11.47 x
2009-06-30 AU$5.09 AU$11.47 x
2010-06-30 AU$5.93 AU$11.47 x
2011-06-30 AU$6.17 AU$11.47 x
2012-06-30 AU$7.15 AU$11.47 x
2013-06-30 AU$8.56 AU$11.47 x
2014-06-30 AU$9.15 AU$11.47 x
2015-06-30 AU$12.59 AU$11.47 x
2016-06-30 AU$13.33 AU$11.47 x
2017-06-30 AU$14.10 AU$11.47 x
2018-06-30 AU$14.89 AU$11.47 x
2019-06-30 AU$12.98 AU$11.47 x
2020-06-30 AU$11.34 AU$11.47 x
2021-06-30 AU$4.80 AU$11.47 x
2022-06-30 AU$3.89 AU$11.47 x
2023-06-30 AU$5.37 AU$11.47 x
2024-06-30 AU$5.00 AU$11.47 x
2025-06-30 AU$5.48 AU$11.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Flight Centre Travel Group 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): 8.94%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.93%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 3.36x
  • Recent ROE (8.94%) is below the historical average (10.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 -0.24% 0.00% 0.00x 4.39x AU$-2.77 Million
1997 2.45% 0.00% 0.00x 3.78x AU$-2.65 Million
1998 1.49% 0.00% 0.00x 3.78x AU$-3.81 Million
1999 -0.78% 0.00% 0.00x 3.41x AU$-7.42 Million
2000 41.23% 1.71% 7.70x 3.14x AU$30.49 Million
2001 32.65% 1.42% 7.60x 3.02x AU$29.73 Million
2002 26.28% 13.31% 0.80x 2.47x AU$38.42 Million
2003 19.05% 11.79% 0.75x 2.16x AU$33.26 Million
2004 19.31% 10.78% 0.79x 2.27x AU$39.50 Million
2005 17.53% 7.99% 0.91x 2.41x AU$29.17 Million
2006 19.45% 8.21% 0.94x 2.51x AU$38.82 Million
2007 25.07% 10.78% 0.89x 2.61x AU$72.63 Million
2008 23.67% 9.94% 0.74x 3.24x AU$82.67 Million
2009 6.25% 2.28% 0.97x 2.83x AU$-22.90 Million
2010 19.68% 7.93% 0.89x 2.78x AU$68.80 Million
2011 18.88% 7.70% 0.90x 2.71x AU$65.75 Million
2012 23.34% 10.09% 0.94x 2.47x AU$114.35 Million
2013 23.98% 12.65% 0.82x 2.31x AU$143.46 Million
2014 18.85% 9.37% 0.92x 2.20x AU$97.14 Million
2015 20.20% 10.85% 0.85x 2.20x AU$129.54 Million
2016 18.17% 9.36% 0.87x 2.23x AU$109.96 Million
2017 16.15% 8.42% 0.86x 2.24x AU$87.90 Million
2018 17.41% 9.00% 0.86x 2.25x AU$111.95 Million
2019 18.04% 8.64% 0.87x 2.39x AU$117.62 Million
2020 -48.71% -34.91% 0.46x 3.02x AU$-798.26 Million
2021 -45.30% -109.40% 0.12x 3.52x AU$-528.73 Million
2022 -36.95% -28.45% 0.26x 4.98x AU$-364.23 Million
2023 4.18% 2.08% 0.50x 3.99x AU$-66.05 Million
2024 11.61% 5.15% 0.64x 3.51x AU$19.41 Million
2025 8.94% 3.93% 0.68x 3.36x AU$-12.94 Million

Industry Comparison

This section compares Flight Centre Travel Group Ltd's net assets metrics with peer companies in the Travel Services industry.

Industry Context

  • Industry: Travel Services
  • Average net assets among peers: $173,810,460
  • Average return on equity (ROE) among peers: -14.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Flight Centre Travel Group Ltd (FLT) AU$1.18 Billion -0.24% 2.94x $1.18 Billion
Corporate Travel Management Ltd (CTD) $471.49 Million 16.27% 0.71x $1.18 Billion
Helloworld Travel Ltd (HLO) $328.35 Million 9.32% 0.87x $83.57 Million
Jayride Group Ltd (JAY) $6.11 Million -94.31% 0.29x $2.59 Million
WEB Travel Group Ltd (WEB) $30.00 Million 31.23% 0.23x $565.42 Million
Webjet Group Ltd (WJL) $33.10 Million -32.63% 4.85x $83.91 Million