Fleetpartners Group Ltd (FPR) - Net Assets
Based on the latest financial reports, Fleetpartners Group Ltd (FPR) has net assets worth AU$653.75 Million AUD (≈ $462.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.77 Billion ≈ $1.96 Billion USD) and total liabilities (AU$2.11 Billion ≈ $1.50 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. Check FPR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$653.75 Million |
| % of Total Assets | 23.62% |
| Annual Growth Rate | 10.31% |
| 5-Year Change | 9.83% |
| 10-Year Change | -4.03% |
| Growth Volatility | 47.91 |
Fleetpartners Group Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Fleetpartners Group Ltd's net assets have evolved over time, based on quarterly financial data. See Fleetpartners Group Ltd (FPR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fleetpartners Group Ltd (2013–2025)
The table below shows the annual net assets of Fleetpartners Group Ltd from 2013 to 2025. For live valuation and market cap data, see FPR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | AU$632.29 Million ≈ $447.39 Million |
+1.50% |
| 2024-09-30 | AU$622.93 Million ≈ $440.76 Million |
-2.01% |
| 2023-09-30 | AU$635.68 Million ≈ $449.79 Million |
+2.42% |
| 2022-09-30 | AU$620.64 Million ≈ $439.14 Million |
+7.81% |
| 2021-09-30 | AU$575.68 Million ≈ $407.33 Million |
+13.21% |
| 2020-09-30 | AU$508.49 Million ≈ $359.79 Million |
+5.69% |
| 2019-09-30 | AU$481.11 Million ≈ $340.41 Million |
-46.54% |
| 2018-09-30 | AU$900.02 Million ≈ $636.82 Million |
+4.26% |
| 2017-09-30 | AU$863.26 Million ≈ $610.81 Million |
+31.03% |
| 2016-09-30 | AU$658.82 Million ≈ $466.15 Million |
+19.32% |
| 2015-09-30 | AU$552.12 Million ≈ $390.66 Million |
+6.79% |
| 2014-09-30 | AU$517.00 Million ≈ $365.81 Million |
+165.34% |
| 2013-09-30 | AU$194.85 Million ≈ $137.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fleetpartners 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 23.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$90.25 Million | 14.27% |
| Common Stock | AU$389.82 Million | 61.65% |
| Other Comprehensive Income | AU$181.91 Million | 28.77% |
| Total Equity | AU$632.29 Million | 100.00% |
Fleetpartners Group Ltd Competitors by Market Cap
The table below lists competitors of Fleetpartners Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RADIANCE HLDGS GRP.HD-01
F:RDH
|
$456.19 Million |
|
Ginkgo Bioworks Holdings
NYSE:DNA
|
$456.24 Million |
|
Fenerbahce Futbol AS
IS:FENER
|
$456.35 Million |
|
Rongfeng Holding Group
SHE:000668
|
$456.40 Million |
|
Zhejiang Shouxiangu Pharm Co
SHG:603896
|
$456.03 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$456.00 Million |
|
Duzhe Publishing & Media Corp
SHG:603999
|
$455.99 Million |
|
Zilltek Technology Corp
TWO:6679
|
$455.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fleetpartners Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 622,932,000 to 632,294,000, a change of 9,362,000 (1.5%).
- Net income of 75,335,000 contributed positively to equity growth.
- Share repurchases of 57,286,000 reduced equity.
- Other comprehensive income decreased equity by 8,680,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$75.33 Million | +11.91% |
| Share Repurchases | AU$57.29 Million | -9.06% |
| Other Comprehensive Income | AU$-8.68 Million | -1.37% |
| Other Changes | AU$-7.00K | -0.0% |
| Total Change | AU$- | 1.50% |
Book Value vs Market Value Analysis
This analysis compares Fleetpartners 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: 1.08x
- 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 1.46x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-09-30 | AU$2.05 | AU$2.99 | x |
| 2014-09-30 | AU$5.43 | AU$2.99 | x |
| 2015-09-30 | AU$2.27 | AU$2.99 | x |
| 2016-09-30 | AU$2.66 | AU$2.99 | x |
| 2017-09-30 | AU$3.15 | AU$2.99 | x |
| 2018-09-30 | AU$2.80 | AU$2.99 | x |
| 2019-09-30 | AU$1.51 | AU$2.99 | x |
| 2020-09-30 | AU$1.57 | AU$2.99 | x |
| 2021-09-30 | AU$1.74 | AU$2.99 | x |
| 2022-09-30 | AU$2.09 | AU$2.99 | x |
| 2023-09-30 | AU$2.34 | AU$2.99 | x |
| 2024-09-30 | AU$2.56 | AU$2.99 | x |
| 2025-09-30 | AU$2.78 | AU$2.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fleetpartners Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.58%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 4.32x
- Recent ROE (11.91%) is above the historical average (2.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.87% | 2.53% | 0.27x | 5.65x | AU$-11.95 Million |
| 2014 | -2.36% | -4.27% | 0.16x | 3.43x | AU$-63.91 Million |
| 2015 | 4.99% | 7.45% | 0.19x | 3.49x | AU$-27.66 Million |
| 2016 | 6.96% | 11.60% | 0.17x | 3.43x | AU$-20.01 Million |
| 2017 | 6.28% | 11.11% | 0.18x | 3.10x | AU$-32.12 Million |
| 2018 | 6.91% | 10.53% | 0.20x | 3.22x | AU$-27.80 Million |
| 2019 | -70.97% | -48.13% | 0.32x | 4.68x | AU$-389.57 Million |
| 2020 | 3.58% | 3.38% | 0.27x | 4.00x | AU$-32.64 Million |
| 2021 | 13.19% | 17.59% | 0.22x | 3.48x | AU$18.38 Million |
| 2022 | 16.65% | 24.40% | 0.21x | 3.27x | AU$41.25 Million |
| 2023 | 12.75% | 11.97% | 0.30x | 3.54x | AU$17.45 Million |
| 2024 | 12.50% | 10.23% | 0.30x | 4.06x | AU$15.58 Million |
| 2025 | 11.91% | 9.58% | 0.29x | 4.32x | AU$12.11 Million |
Industry Comparison
This section compares Fleetpartners Group Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $109,534,588
- Average return on equity (ROE) among peers: -87.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fleetpartners Group Ltd (FPR) | AU$653.75 Million | 3.87% | 3.23x | $456.14 Million |
| Aquirian Ltd (AQN) | $1.79 Million | 65.52% | 1.74x | $32.62 Million |
| Babylon Pump & Power Ltd (BPP) | $54.83K | -737.30% | 0.83x | $6.96 Million |
| Ordinary Fully Paid Deferred Settlement (BPPDD) | $11.09 Million | 4.58% | 2.01x | $686.11 |
| CL8 Holdings Ltd (CL8) | $-127.43K | 0.00% | 0.00x | $2.47 Million |
| Emeco Holdings Ltd (EHL) | $589.44 Million | 7.01% | 0.85x | $368.62 Million |
| SG Fleet Group Ltd (SGF) | $149.38 Million | 27.10% | 1.08x | $865.28 Million |
| SIV Capital Ltd (SIV) | $15.11 Million | 23.78% | 3.64x | $5.03 Million |
About Fleetpartners Group Ltd
FleetPartners Group Limited provides fleet management services in Australia and New Zealand. The company operates through three segments: Australia Commercial, Novated, and New Zealand Commercial. It offers vehicle fleet leasing and management, novated leasing, salary packaging, and vehicle accessories and sales solutions. The company also provides asset management, related financial products and… Read more