Fleetwood Ltd
Fleetwood Limited, together with its subsidiaries, designs, manufactures, sells, and installs modular accommodation and buildings in Australia and New Zealand. It operates in three segments: RV Solutions, Building Solutions, and Community Solutions. The company offers repair, maintenance services for caravans; operates accommodation villages; develops and commercializes keyless locks and energy m… Read more
Fleetwood Ltd (FWD) - Net Assets
Latest net assets as of June 2025: AU$165.76 Million AUD
Based on the latest financial reports, Fleetwood Ltd (FWD) has net assets worth AU$165.76 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$257.43 Million) and total liabilities (AU$91.67 Million). 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$165.76 Million |
| % of Total Assets | 64.39% |
| Annual Growth Rate | 13.05% |
| 5-Year Change | -25.49% |
| 10-Year Change | -11.04% |
| Growth Volatility | 81.98 |
Fleetwood Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Fleetwood 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 Fleetwood Ltd (1989–2025)
The table below shows the annual net assets of Fleetwood Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$165.76 Million | +0.32% |
| 2024-06-30 | AU$165.24 Million | -0.24% |
| 2023-06-30 | AU$165.63 Million | +1.29% |
| 2022-06-30 | AU$163.52 Million | -26.50% |
| 2021-06-30 | AU$222.47 Million | -1.79% |
| 2020-06-30 | AU$226.53 Million | -1.03% |
| 2019-06-30 | AU$228.90 Million | +27.15% |
| 2018-06-30 | AU$180.02 Million | -8.11% |
| 2017-06-30 | AU$195.91 Million | +5.15% |
| 2016-06-30 | AU$186.33 Million | -12.93% |
| 2015-06-30 | AU$214.00 Million | -0.19% |
| 2014-06-30 | AU$214.41 Million | +0.15% |
| 2013-06-30 | AU$214.09 Million | -7.42% |
| 2012-06-30 | AU$231.25 Million | +12.13% |
| 2011-06-30 | AU$206.23 Million | +31.46% |
| 2010-06-30 | AU$156.87 Million | +10.67% |
| 2009-06-30 | AU$141.75 Million | +8.27% |
| 2008-06-30 | AU$130.93 Million | +9.49% |
| 2007-06-30 | AU$119.58 Million | +8.00% |
| 2006-06-30 | AU$110.72 Million | +5.24% |
| 2005-06-30 | AU$105.20 Million | +9.09% |
| 2004-06-30 | AU$96.43 Million | +20.10% |
| 2003-06-30 | AU$80.29 Million | +65.77% |
| 2002-06-30 | AU$48.44 Million | +10.49% |
| 2001-06-30 | AU$43.84 Million | +13.79% |
| 2000-06-30 | AU$38.52 Million | +23.82% |
| 1999-06-30 | AU$31.11 Million | +32.99% |
| 1998-06-30 | AU$23.39 Million | +13.41% |
| 1997-06-30 | AU$20.63 Million | +285.96% |
| 1996-06-30 | AU$5.34 Million | +59.11% |
| 1995-06-30 | AU$3.36 Million | +188.33% |
| 1994-06-30 | AU$1.17 Million | +259.57% |
| 1993-06-30 | AU$324.00K | -30.92% |
| 1992-06-30 | AU$469.00K | +266.41% |
| 1991-06-30 | AU$128.00K | -91.15% |
| 1990-06-30 | AU$1.45 Million | -27.79% |
| 1989-06-30 | AU$2.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fleetwood 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 8270300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$248.86 Million | 150.13% |
| Other Comprehensive Income | AU$1.82 Million | 1.10% |
| Total Equity | AU$165.76 Million | 100.00% |
Fleetwood Ltd Competitors by Market Cap
The table below lists competitors of Fleetwood Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PDS Limited
NSE:PDSL
|
$85.72 Million |
|
Optimax Technology Corp
TW:3051
|
$85.75 Million |
|
ENB Financial Corp
OTCQX:ENBP
|
$85.76 Million |
|
EXCO TECHS LTD
F:3XT
|
$85.78 Million |
|
Bellevue Group AG
SW:BBN
|
$85.72 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$85.70 Million |
|
Kamada
NASDAQ:KMDA
|
$85.65 Million |
|
BGF Retail Co Ltd
KO:027410
|
$85.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fleetwood Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 165,241,000 to 165,765,000, a change of 524,000 (0.3%).
- Net income of 14,560,000 contributed positively to equity growth.
- Dividend payments of 13,073,000 reduced retained earnings.
- Share repurchases of 4,299,000 reduced equity.
- Other comprehensive income increased equity by 3,335,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$14.56 Million | +8.78% |
| Dividends Paid | AU$13.07 Million | -7.89% |
| Share Repurchases | AU$4.30 Million | -2.59% |
| Other Comprehensive Income | AU$3.33 Million | +2.01% |
| Other Changes | AU$1.00K | +0.0% |
| Total Change | AU$- | 0.32% |
Book Value vs Market Value Analysis
This analysis compares Fleetwood 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: 0.99x
- 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 76.99x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.02 | AU$1.70 | x |
| 1990-06-30 | AU$0.02 | AU$1.70 | x |
| 1991-06-30 | AU$0.00 | AU$1.70 | x |
| 1992-06-30 | AU$0.01 | AU$1.70 | x |
| 1993-06-30 | AU$0.01 | AU$1.70 | x |
| 1994-06-30 | AU$0.02 | AU$1.70 | x |
| 1995-06-30 | AU$0.06 | AU$1.70 | x |
| 1996-06-30 | AU$0.09 | AU$1.70 | x |
| 1997-06-30 | AU$0.92 | AU$1.70 | x |
| 1998-06-30 | AU$1.00 | AU$1.70 | x |
| 1999-06-30 | AU$1.30 | AU$1.70 | x |
| 2000-06-30 | AU$1.31 | AU$1.70 | x |
| 2001-06-30 | AU$1.22 | AU$1.70 | x |
| 2002-06-30 | AU$1.27 | AU$1.70 | x |
| 2003-06-30 | AU$2.02 | AU$1.70 | x |
| 2004-06-30 | AU$2.07 | AU$1.70 | x |
| 2005-06-30 | AU$2.20 | AU$1.70 | x |
| 2006-06-30 | AU$2.27 | AU$1.70 | x |
| 2007-06-30 | AU$2.33 | AU$1.70 | x |
| 2008-06-30 | AU$2.52 | AU$1.70 | x |
| 2009-06-30 | AU$2.64 | AU$1.70 | x |
| 2010-06-30 | AU$2.81 | AU$1.70 | x |
| 2011-06-30 | AU$3.46 | AU$1.70 | x |
| 2012-06-30 | AU$3.76 | AU$1.70 | x |
| 2013-06-30 | AU$3.45 | AU$1.70 | x |
| 2014-06-30 | AU$3.43 | AU$1.70 | x |
| 2015-06-30 | AU$3.51 | AU$1.70 | x |
| 2016-06-30 | AU$2.96 | AU$1.70 | x |
| 2017-06-30 | AU$3.11 | AU$1.70 | x |
| 2018-06-30 | AU$2.85 | AU$1.70 | x |
| 2019-06-30 | AU$2.51 | AU$1.70 | x |
| 2020-06-30 | AU$2.39 | AU$1.70 | x |
| 2021-06-30 | AU$2.33 | AU$1.70 | x |
| 2022-06-30 | AU$1.74 | AU$1.70 | x |
| 2023-06-30 | AU$1.76 | AU$1.70 | x |
| 2024-06-30 | AU$1.75 | AU$1.70 | x |
| 2025-06-30 | AU$1.72 | AU$1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fleetwood Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.89%
- • Asset Turnover: 1.95x
- • Equity Multiplier: 1.55x
- Recent ROE (8.78%) is above the historical average (5.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -104.09% | 0.00% | 0.00x | 4.16x | AU$-2.29 Million |
| 1997 | 15.59% | 0.00% | 0.00x | 2.09x | AU$1.15 Million |
| 1998 | 14.24% | 0.00% | 0.00x | 2.22x | AU$991.70K |
| 1999 | 11.93% | 0.00% | 0.00x | 2.03x | AU$598.90K |
| 2000 | 9.77% | 5.04% | 0.84x | 2.30x | AU$-88.30K |
| 2001 | 10.14% | 3.88% | 1.03x | 2.55x | AU$61.30K |
| 2002 | 15.63% | 5.49% | 1.23x | 2.32x | AU$2.73 Million |
| 2003 | 13.96% | 6.74% | 1.12x | 1.84x | AU$3.18 Million |
| 2004 | 21.00% | 8.76% | 1.39x | 1.72x | AU$10.60 Million |
| 2005 | 23.89% | 9.85% | 1.51x | 1.61x | AU$14.61 Million |
| 2006 | 18.71% | 8.91% | 1.26x | 1.67x | AU$9.64 Million |
| 2007 | 22.24% | 9.49% | 1.39x | 1.69x | AU$14.63 Million |
| 2008 | 26.13% | 11.66% | 1.35x | 1.66x | AU$21.12 Million |
| 2009 | 25.12% | 12.64% | 1.43x | 1.39x | AU$21.43 Million |
| 2010 | 24.64% | 18.00% | 1.02x | 1.34x | AU$22.97 Million |
| 2011 | 24.85% | 13.49% | 1.24x | 1.49x | AU$30.63 Million |
| 2012 | 23.01% | 17.76% | 1.03x | 1.25x | AU$30.08 Million |
| 2013 | 5.82% | 4.57% | 0.87x | 1.46x | AU$-8.95 Million |
| 2014 | 0.04% | 0.02% | 1.14x | 1.50x | AU$-21.36 Million |
| 2015 | 0.08% | 0.06% | 0.92x | 1.53x | AU$-21.22 Million |
| 2016 | -15.03% | -9.76% | 1.20x | 1.28x | AU$-46.64 Million |
| 2017 | 4.59% | 2.72% | 1.23x | 1.37x | AU$-10.60 Million |
| 2018 | -7.48% | -5.05% | 1.11x | 1.33x | AU$-31.46 Million |
| 2019 | -2.73% | -1.98% | 1.02x | 1.35x | AU$-29.13 Million |
| 2020 | -1.24% | -0.87% | 1.00x | 1.43x | AU$-25.47 Million |
| 2021 | 6.00% | 3.77% | 1.05x | 1.51x | AU$-8.91 Million |
| 2022 | -29.03% | -10.66% | 1.44x | 1.90x | AU$-63.82 Million |
| 2023 | 1.24% | 0.50% | 1.48x | 1.67x | AU$-14.52 Million |
| 2024 | 2.29% | 0.91% | 1.66x | 1.52x | AU$-12.73 Million |
| 2025 | 8.78% | 2.89% | 1.95x | 1.55x | AU$-2.02 Million |
Industry Comparison
This section compares Fleetwood Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $112,034,947
- Average return on equity (ROE) among peers: -8.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fleetwood Ltd (FWD) | AU$165.76 Million | -104.09% | 0.55x | $85.72 Million |
| Acrow Ltd (ACF) | $118.59 Million | -12.70% | 0.71x | $131.47 Million |
| BSA Ltd (BSA) | $23.06 Million | 0.16% | 1.12x | $6.98 Million |
| Bwe Drilling Ltd (BWE) | $47.42 Million | 4.19% | 1.23x | $24.32 Million |
| Cardno Ltd (CDD) | $4.30 Million | 0.00% | 2.62x | $1.40 Million |
| Civmec Ltd (CVL) | $488.22 Million | 13.18% | 0.86x | $287.26 Million |
| Dynamic Group Holdings Ltd (DDB) | $36.63 Million | 5.59% | 1.19x | $24.32 Million |
| DRA Global Ltd (DRA) | $250.88 Million | 9.78% | 0.67x | $18.52 Million |
| Duratec Ltd (DUR) | $30.96 Million | 25.07% | 3.45x | $179.46 Million |
| EVZ Ltd (EVZ) | $8.26 Million | -126.18% | 3.86x | $13.41 Million |