Fonterra Shareholders Fund
Fonterra Shareholders Fund is a unit trust. The fund is based in Auckland, New Zealand.
Fonterra Shareholders Fund (FSF) - Net Assets
Latest net assets as of July 2024: AU$424.00 Million AUD
Based on the latest financial reports, Fonterra Shareholders Fund (FSF) has net assets worth AU$424.00 Million AUD as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$424.00 Million) and total liabilities (AU$0.00). 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$424.00 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.0% |
| 10-Year Change | N/A |
| Growth Volatility | 1040.47 |
Fonterra Shareholders Fund - Net Assets Trend (2013–2024)
This chart illustrates how Fonterra Shareholders Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fonterra Shareholders Fund (2013–2024)
The table below shows the annual net assets of Fonterra Shareholders Fund from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | AU$424.00 Million | +30.46% |
| 2023-07-31 | AU$325.00 Million | +102.81% |
| 2022-07-31 | AU$-11.55 Billion | -2973.38% |
| 2021-07-31 | AU$402.00 Million | +0.50% |
| 2020-07-31 | AU$400.00 Million | +3.09% |
| 2019-07-31 | AU$388.00 Million | -31.93% |
| 2018-07-31 | AU$570.00 Million | -25.29% |
| 2017-07-31 | AU$763.00 Million | +19.78% |
| 2016-07-31 | AU$637.00 Million | -- |
| 2014-07-31 | AU$0.00 | -- |
| 2013-07-31 | AU$0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fonterra Shareholders Fund'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$424.00 Million | 100.00% |
| Total Equity | AU$424.00 Million | 100.00% |
Fonterra Shareholders Fund Competitors by Market Cap
The table below lists competitors of Fonterra Shareholders Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMM HEALTH SYSTEMS (CG5.SG)
STU:CG5
|
$26.82K |
|
CC JAP.+GROWTH TR. LS-01
F:8EH
|
$26.83K |
|
Mountain Top Properties Inc
PINK:MTPP
|
$26.83K |
|
Compania Minera Poderosa S.A.
LIM:PODERC1
|
$26.83K |
|
Oxurion NV
BR:OXUR
|
$26.78K |
|
7Fit SA
WAR:7FT
|
$26.78K |
|
SThree plc
LSE:STEM
|
$26.75K |
|
Varengold Bank AG
F:VG8
|
$26.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fonterra Shareholders Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 325,000,000 to 424,000,000, a change of 99,000,000 (30.5%).
- Dividend payments of 59,000,000 reduced retained earnings.
- Share repurchases of 54,000,000 reduced equity.
- Other factors increased equity by 212,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$0.00 | -0.0% |
| Dividends Paid | AU$59.00 Million | -13.92% |
| Share Repurchases | AU$54.00 Million | -12.74% |
| Other Changes | AU$212.00 Million | +50.0% |
| Total Change | AU$- | 30.46% |
Book Value vs Market Value Analysis
This analysis compares Fonterra Shareholders Fund'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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.63x to 1.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-07-31 | AU$7.30 | AU$4.57 | x |
| 2014-07-31 | AU$6.20 | AU$4.57 | x |
| 2015-07-31 | AU$4.68 | AU$4.57 | x |
| 2016-07-31 | AU$5.69 | AU$4.57 | x |
| 2017-07-31 | AU$6.05 | AU$4.57 | x |
| 2018-07-31 | AU$5.12 | AU$4.57 | x |
| 2019-07-31 | AU$3.77 | AU$4.57 | x |
| 2020-07-31 | AU$3.82 | AU$4.57 | x |
| 2021-07-31 | AU$3.74 | AU$4.57 | x |
| 2022-07-31 | AU$3.02 | AU$4.57 | x |
| 2023-07-31 | AU$3.03 | AU$4.57 | x |
| 2024-07-31 | AU$3.95 | AU$4.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fonterra Shareholders Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.17x
- Recent ROE (0.00%) is below the historical average (20.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.90% | 7.39% | 0.26x | 1.00x | AU$-63.80 Million |
| 2014 | 3.23% | 0.00% | -0.14x | 1.00x | AU$-46.10 Million |
| 2015 | 3.64% | 0.00% | -0.32x | 1.00x | AU$-31.40 Million |
| 2016 | 7.22% | 31.29% | 0.23x | 1.00x | AU$-17.70 Million |
| 2017 | 4.85% | 46.84% | 0.10x | 1.00x | AU$-39.30 Million |
| 2018 | 6.84% | 0.00% | -0.15x | 1.00x | AU$-18.00 Million |
| 2020 | 0.00% | 0.00% | 0.02x | 1.00x | AU$-40.00 Million |
| 2021 | 0.00% | 0.00% | 0.03x | 1.00x | AU$-40.20 Million |
| 2022 | 180.25% | 0.00% | -0.18x | 1.00x | AU$551.60 Million |
| 2023 | 0.00% | 0.00% | 0.07x | 1.17x | AU$-32.50 Million |
Industry Comparison
This section compares Fonterra Shareholders Fund's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $54,066,060
- Average return on equity (ROE) among peers: -127.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fonterra Shareholders Fund (FSF) | AU$424.00 Million | 1.90% | 0.00x | $26.81K |
| Australian Dairy Nutritionals Ltd (AHF) | $26.73 Million | -27.52% | 0.14x | $7.62 Million |
| Beston Global Food Company Ltd (BFC) | $113.64 Million | -1.66% | 0.03x | $3.27 Million |
| Biome Australia Ltd (BIO) | $6.53 Million | -69.59% | 0.26x | $32.26 Million |
| Bioxyne Ltd (BXN) | $1.18 Million | -369.02% | 1.02x | $21.29 Million |
| Cobram Estate Olives Ltd (CBO) | $321.75 Million | 5.76% | 1.17x | $650.87 Million |
| The Calmer Co International Ltd (CCO) | $1.38 Million | -272.44% | 1.13x | $2.07 Million |
| EVE Health Group Ltd (EVEDA) | $1.22 Million | -155.31% | 1.06x | $68.31 Million |
| Forbidden Foods Ltd (FFF) | $875.19K | -265.77% | 1.78x | $1.49 Million |
| Health and Plant Protein Group Ltd (HPP) | $13.30 Million | 10.47% | 0.52x | $448.86K |