Fleetwood Ltd (FWD) - Net Assets
Based on the latest financial reports, Fleetwood Ltd (FWD) has net assets worth AU$142.23 Million AUD (≈ $100.64 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$242.75 Million ≈ $171.76 Million USD) and total liabilities (AU$100.52 Million ≈ $71.13 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 Fleetwood Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$142.23 Million |
| % of Total Assets | 58.59% |
| Annual Growth Rate | 12.21% |
| 5-Year Change | -13.02% |
| 10-Year Change | -27.4% |
| Growth Volatility | 81.21 |
Fleetwood Ltd - Net Assets Trend (1989–2026)
This chart illustrates how Fleetwood Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Fleetwood Ltd.
Annual Net Assets for Fleetwood Ltd (1989–2026)
The table below shows the annual net assets of Fleetwood Ltd from 1989 to 2026. Also explore how fast is Fleetwood Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$142.23 Million ≈ $100.64 Million |
-14.20% |
| 2025-06-30 | AU$165.76 Million ≈ $117.29 Million |
+0.32% |
| 2024-06-30 | AU$165.24 Million ≈ $116.92 Million |
-0.24% |
| 2023-06-30 | AU$165.63 Million ≈ $117.20 Million |
+1.29% |
| 2022-06-30 | AU$163.52 Million ≈ $115.70 Million |
-26.50% |
| 2021-06-30 | AU$222.47 Million ≈ $157.41 Million |
-1.79% |
| 2020-06-30 | AU$226.53 Million ≈ $160.28 Million |
-1.03% |
| 2019-06-30 | AU$228.90 Million ≈ $161.96 Million |
+27.15% |
| 2018-06-30 | AU$180.02 Million ≈ $127.37 Million |
-8.11% |
| 2017-06-30 | AU$195.91 Million ≈ $138.62 Million |
+5.15% |
| 2016-06-30 | AU$186.33 Million ≈ $131.84 Million |
-12.93% |
| 2015-06-30 | AU$214.00 Million ≈ $151.42 Million |
-0.19% |
| 2014-06-30 | AU$214.41 Million ≈ $151.71 Million |
+0.15% |
| 2013-06-30 | AU$214.09 Million ≈ $151.48 Million |
-7.42% |
| 2012-06-30 | AU$231.25 Million ≈ $163.62 Million |
+12.13% |
| 2011-06-30 | AU$206.23 Million ≈ $145.92 Million |
+31.46% |
| 2010-06-30 | AU$156.87 Million ≈ $111.00 Million |
+10.67% |
| 2009-06-30 | AU$141.75 Million ≈ $100.30 Million |
+8.27% |
| 2008-06-30 | AU$130.93 Million ≈ $92.64 Million |
+9.49% |
| 2007-06-30 | AU$119.58 Million ≈ $84.61 Million |
+8.00% |
| 2006-06-30 | AU$110.72 Million ≈ $78.34 Million |
+5.24% |
| 2005-06-30 | AU$105.20 Million ≈ $74.44 Million |
+9.09% |
| 2004-06-30 | AU$96.43 Million ≈ $68.23 Million |
+20.10% |
| 2003-06-30 | AU$80.29 Million ≈ $56.81 Million |
+65.77% |
| 2002-06-30 | AU$48.44 Million ≈ $34.27 Million |
+10.49% |
| 2001-06-30 | AU$43.84 Million ≈ $31.02 Million |
+13.79% |
| 2000-06-30 | AU$38.52 Million ≈ $27.26 Million |
+23.82% |
| 1999-06-30 | AU$31.11 Million ≈ $22.01 Million |
+32.99% |
| 1998-06-30 | AU$23.39 Million ≈ $16.55 Million |
+13.41% |
| 1997-06-30 | AU$20.63 Million ≈ $14.60 Million |
+285.96% |
| 1996-06-30 | AU$5.34 Million ≈ $3.78 Million |
+59.11% |
| 1995-06-30 | AU$3.36 Million ≈ $2.38 Million |
+188.33% |
| 1994-06-30 | AU$1.17 Million ≈ $824.31K |
+259.57% |
| 1993-06-30 | AU$324.00K ≈ $229.25K |
-30.92% |
| 1992-06-30 | AU$469.00K ≈ $331.85K |
+266.41% |
| 1991-06-30 | AU$128.00K ≈ $90.57K |
-91.15% |
| 1990-06-30 | AU$1.45 Million ≈ $1.02 Million |
-27.79% |
| 1989-06-30 | AU$2.00 Million ≈ $1.42 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 10144800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$244.90 Million | 172.18% |
| Other Comprehensive Income | AU$993.00K | 0.70% |
| Total Equity | AU$142.23 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 |
|---|---|
|
Kimteks Poliuretan Sanayi ve Ticaret AS
IS:KMPUR
|
$174.13 Million |
|
SOHO China Limited
F:45S
|
$174.18 Million |
|
CSG Holding Co Ltd
SHE:200012
|
$174.19 Million |
|
Xiongan Kerong Environment Technology Co Ltd
SHE:300152
|
$174.19 Million |
|
Go Fashion (India) Limited
NSE:GOCOLORS
|
$174.05 Million |
|
StablecoinX Inc. Class A Common Stock
NASDAQ:USDE
|
$173.97 Million |
|
Slam Corp.
NASDAQ:SLAMF
|
$173.87 Million |
|
PACT GROUP HLDGS
F:27P
|
$173.87 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 2025 to 2026, total equity changed from 165,765,000 to 142,230,000, a change of -23,535,000 (-14.2%).
- Net income of 2,438,000 contributed positively to equity growth.
- Dividend payments of 21,260,000 reduced retained earnings.
- Share repurchases of 4,186,000 reduced equity.
- Other comprehensive income decreased equity by 828,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$2.44 Million | +1.71% |
| Dividends Paid | AU$21.26 Million | -14.95% |
| Share Repurchases | AU$4.19 Million | -2.94% |
| Other Comprehensive Income | AU$-828.00K | -0.58% |
| Other Changes | AU$301.00K | +0.21% |
| Total Change | AU$- | -14.20% |
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: 1.80x
- 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 124.00x to 1.80x 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$2.73 | x |
| 1990-06-30 | AU$0.02 | AU$2.73 | x |
| 1991-06-30 | AU$0.00 | AU$2.73 | x |
| 1992-06-30 | AU$0.01 | AU$2.73 | x |
| 1993-06-30 | AU$0.01 | AU$2.73 | x |
| 1994-06-30 | AU$0.02 | AU$2.73 | x |
| 1995-06-30 | AU$0.06 | AU$2.73 | x |
| 1996-06-30 | AU$0.09 | AU$2.73 | x |
| 1997-06-30 | AU$0.92 | AU$2.73 | x |
| 1998-06-30 | AU$1.00 | AU$2.73 | x |
| 1999-06-30 | AU$1.30 | AU$2.73 | x |
| 2000-06-30 | AU$1.31 | AU$2.73 | x |
| 2001-06-30 | AU$1.22 | AU$2.73 | x |
| 2002-06-30 | AU$1.27 | AU$2.73 | x |
| 2003-06-30 | AU$2.02 | AU$2.73 | x |
| 2004-06-30 | AU$2.07 | AU$2.73 | x |
| 2005-06-30 | AU$2.20 | AU$2.73 | x |
| 2006-06-30 | AU$2.27 | AU$2.73 | x |
| 2007-06-30 | AU$2.33 | AU$2.73 | x |
| 2008-06-30 | AU$2.52 | AU$2.73 | x |
| 2009-06-30 | AU$2.64 | AU$2.73 | x |
| 2010-06-30 | AU$2.81 | AU$2.73 | x |
| 2011-06-30 | AU$3.46 | AU$2.73 | x |
| 2012-06-30 | AU$3.76 | AU$2.73 | x |
| 2013-06-30 | AU$3.45 | AU$2.73 | x |
| 2014-06-30 | AU$3.43 | AU$2.73 | x |
| 2015-06-30 | AU$3.51 | AU$2.73 | x |
| 2016-06-30 | AU$2.96 | AU$2.73 | x |
| 2017-06-30 | AU$3.11 | AU$2.73 | x |
| 2018-06-30 | AU$2.85 | AU$2.73 | x |
| 2019-06-30 | AU$2.51 | AU$2.73 | x |
| 2020-06-30 | AU$2.39 | AU$2.73 | x |
| 2021-06-30 | AU$2.33 | AU$2.73 | x |
| 2022-06-30 | AU$1.74 | AU$2.73 | x |
| 2023-06-30 | AU$1.76 | AU$2.73 | x |
| 2024-06-30 | AU$1.75 | AU$2.73 | x |
| 2025-06-30 | AU$1.72 | AU$2.73 | x |
| 2026-06-30 | AU$1.51 | AU$2.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fleetwood Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.52%
- • Asset Turnover: 1.94x
- • Equity Multiplier: 1.71x
- Recent ROE (1.71%) is below the historical average (5.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -104.09% | 0.00% | 0.00x | 4.16x | AU$-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 |
| 2026 | 1.71% | 0.52% | 1.94x | 1.71x | AU$-11.79 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: $320,750,816
- Average return on equity (ROE) among peers: 4.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fleetwood Ltd (FWD) | AU$142.23 Million | -104.09% | 0.71x | $174.08 Million |
| Acrow Ltd (ACF) | $61.49 Million | 6.45% | 1.59x | $199.51 Million |
| BSA Ltd (BSA) | $74.65 Million | 7.78% | 1.53x | $13.59 Million |
| Civmec Ltd (CVL) | $172.26 Million | 10.60% | 1.59x | $638.25 Million |
| Dynamic Group Holdings Ltd (DDB) | $-1.10 Million | 0.00% | 0.00x | $28.36 Million |
| Downer Edi Ltd (DOW) | $2.09 Billion | 8.65% | 1.01x | $3.07 Billion |
| Duratec Ltd (DUR) | $46.06 Million | 41.68% | 3.61x | $392.73 Million |
| EVZ Ltd (EVZ) | $2.43 Million | -78.23% | 1.67x | $45.64 Million |
| Genusplus Group Ltd (GNP) | $398.11 Million | 12.31% | 1.46x | $1.36 Billion |
| Johns LYNG Group Ltd (JLG) | $44.36 Million | 30.28% | 2.24x | $806.21 Million |
About Fleetwood Ltd
Fleetwood Limited, together with its subsidiaries, engages in the design, manufacturing, sale, and installation of modular accommodation and buildings in Australia and New Zealand. It operates in three segments: Building Solutions, RV Solutions, and Community Solutions. The company manufactures, installs, and distributes parts and accessories of recreational vehicles and caravans under the Camec … Read more