Garda Property Group (GDF) - Net Assets

Latest as of December 2025: AU$321.19 Million AUD ≈ $227.27 Million USD

Based on the latest financial reports, Garda Property Group (GDF) has net assets worth AU$321.19 Million AUD (≈ $227.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$433.47 Million ≈ $306.70 Million USD) and total liabilities (AU$112.27 Million ≈ $79.44 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 GDF asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$321.19 Million
% of Total Assets	74.1%
Annual Growth Rate	14.86%
5-Year Change	6.69%
10-Year Change	193.24%
Growth Volatility	47.16

Garda Property Group - Net Assets Trend (2011–2025)

This chart illustrates how Garda Property Group's net assets have evolved over time, based on quarterly financial data. Also explore Garda Property Group assets under control for the complete picture of this company's asset base.

Annual Net Assets for Garda Property Group (2011–2025)

The table below shows the annual net assets of Garda Property Group from 2011 to 2025. For live valuation and market cap data, see GDF market cap overview.

Year	Net Assets	Change
2025-06-30	AU$322.16 Million ≈ $227.95 Million	-5.95%
2024-06-30	AU$342.56 Million ≈ $242.38 Million	-16.12%
2023-06-30	AU$408.37 Million ≈ $288.95 Million	-4.62%
2022-06-30	AU$428.14 Million ≈ $302.94 Million	+41.78%
2021-06-30	AU$301.97 Million ≈ $213.66 Million	+7.63%
2020-06-30	AU$280.56 Million ≈ $198.51 Million	+16.59%
2019-06-30	AU$240.64 Million ≈ $170.27 Million	+18.78%
2018-06-30	AU$202.59 Million ≈ $143.35 Million	+10.76%
2017-06-30	AU$182.91 Million ≈ $129.42 Million	+66.49%
2016-06-30	AU$109.86 Million ≈ $77.74 Million	+7.78%
2015-06-30	AU$101.93 Million ≈ $72.12 Million	+171.86%
2014-06-30	AU$37.49 Million ≈ $26.53 Million	-22.46%
2013-06-30	AU$48.35 Million ≈ $34.21 Million	+7.17%
2012-06-30	AU$45.12 Million ≈ $31.92 Million	-2.59%
2011-06-30	AU$46.32 Million ≈ $32.77 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Garda Property Group'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 2518900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$342.88 Million	106.43%
Other Comprehensive Income	AU$4.47 Million	1.39%
Total Equity	AU$322.16 Million	100.00%

Garda Property Group Competitors by Market Cap

The table below lists competitors of Garda Property Group ranked by their market capitalization.

Company	Market Cap
Rentokil Initial PLC LSE:RTO	$151.94 Million
Esenboga Elektrik Uretim AS IS:ESEN	$152.05 Million
PBA Holdings Bhd KLSE:5041	$152.08 Million
Seritage Growth Properties NYSE:SRG	$152.08 Million
Kyochon F And B Co Ltd KO:339770	$151.86 Million
Inseego Corp NASDAQ:INSG	$151.74 Million
Cheryong Industrial Co.Ltd KQ:147830	$151.72 Million
Poongwon Precision Co. Ltd. KQ:371950	$151.71 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Garda Property Group's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 342,557,000 to 322,163,000, a change of -20,394,000 (-6.0%).
Net loss of 6,111,000 reduced equity.
Dividend payments of 14,068,000 reduced retained earnings.
Share repurchases of 7,000 reduced equity.
Other comprehensive income increased equity by 264,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-6.11 Million	-1.9%
Dividends Paid	AU$14.07 Million	-4.37%
Share Repurchases	AU$7.00K	-0.0%
Other Comprehensive Income	AU$264.00K	+0.08%
Other Changes	AU$-472.00K	-0.15%
Total Change	AU$-	-5.95%

Book Value vs Market Value Analysis

This analysis compares Garda Property Group'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: 0.67x
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 increased from 0.51x to 0.67x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$2.11	AU$1.07	x
2014-06-30	AU$1.59	AU$1.07	x
2015-06-30	AU$4.30	AU$1.07	x
2016-06-30	AU$1.11	AU$1.07	x
2017-06-30	AU$0.65	AU$1.07	x
2018-06-30	AU$0.85	AU$1.07	x
2019-06-30	AU$1.42	AU$1.07	x
2020-06-30	AU$1.35	AU$1.07	x
2021-06-30	AU$1.36	AU$1.07	x
2022-06-30	AU$1.92	AU$1.07	x
2023-06-30	AU$1.96	AU$1.07	x
2024-06-30	AU$1.66	AU$1.07	x
2025-06-30	AU$1.61	AU$1.07	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Garda Property Group 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): -1.90%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -24.22%
• Asset Turnover: 0.04x
• Equity Multiplier: 1.86x
Recent ROE (-1.90%) is below the historical average (4.21%), 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	1.92%	4.15%	0.12x	3.83x	AU$-3.67 Million
2014	-30.34%	-55.61%	0.12x	4.55x	AU$-13.87 Million
2015	-6.31%	-36.15%	0.12x	1.44x	AU$-16.29 Million
2016	16.85%	104.43%	0.11x	1.48x	AU$7.27 Million
2017	14.81%	100.93%	0.10x	1.48x	AU$6.53 Million
2018	13.58%	125.40%	0.07x	1.63x	AU$6.37 Million
2019	13.26%	113.48%	0.07x	1.64x	AU$7.07 Million
2020	1.98%	18.70%	0.06x	1.70x	AU$-22.49 Million
2021	11.82%	116.22%	0.06x	1.72x	AU$5.49 Million
2022	32.82%	416.18%	0.05x	1.62x	AU$97.70 Million
2023	-1.21%	-15.62%	0.05x	1.58x	AU$-45.77 Million
2024	-12.53%	-139.05%	0.05x	1.65x	AU$-77.18 Million
2025	-1.90%	-24.22%	0.04x	1.86x	AU$-38.33 Million

Industry Comparison

This section compares Garda Property Group's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

Industry: Real Estate Services
Average net assets among peers: $112,699,290
Average return on equity (ROE) among peers: -69.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Garda Property Group (GDF)	AU$321.19 Million	1.92%	0.35x	$151.87 Million
Acumentis Group Ltd (ACU)	$6.67 Million	11.67%	0.52x	$13.25 Million
The Agency Group Australia Ltd (AU1)	$559.95K	-668.28%	16.48x	$9.95 Million
Desane Group Holdings Ltd (DGH)	$23.23 Million	7.73%	0.88x	$22.87 Million
Elanor Commercial Property Fund (ECF)	$25.42 Million	5.72%	1.03x	$154.07 Million
Eildon Capital Group (EDC)	$44.59 Million	9.18%	0.04x	$26.72 Million
Eureka Group Holdings Ltd (EGH)	$154.24 Million	8.56%	0.78x	$172.04 Million
FBR Ltd (FBR)	$-467.28K	0.00%	0.00x	$19.71 Million
GDI Property Group (GDI)	$760.70 Million	2.10%	0.31x	$232.99 Million
Openn Negotiation Ltd (OPN)	$-663.01K	0.00%	0.00x	$6.78 Million

About Garda Property Group

AU:GDF Australia Real Estate Services

Market Cap

$151.87 Million

AU$214.64 Million AUD

Market Cap Rank

#17596 Global

#534 in Australia

Share Price

AU$1.07

Change (1 day)

+1.90%

52-Week Range

AU$1.05 - AU$1.30

All Time High

AU$1.53