HUB24 Ltd
HUB24 Limited, a financial services company, provides integrated platform, technology, and data solutions to wealth industry in Australia. The company operates through Platform and Tech Solutions segments. It operates HUB24 platform, which offers superannuation or other legal structures used by financial professionals to administer, invest, and report on their clients' assets; PARS, a non-custody… Read more
HUB24 Ltd (HUB) - Net Assets
Latest net assets as of June 2025: AU$529.89 Million AUD
Based on the latest financial reports, HUB24 Ltd (HUB) has net assets worth AU$529.89 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$662.41 Million) and total liabilities (AU$132.53 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$529.89 Million |
| % of Total Assets | 79.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | 192.64% |
| 10-Year Change | 2694.38% |
| Growth Volatility | 11525.53 |
HUB24 Ltd - Net Assets Trend (2004–2025)
This chart illustrates how HUB24 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 HUB24 Ltd (2004–2025)
The table below shows the annual net assets of HUB24 Ltd from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$529.89 Million | +1.96% |
| 2024-06-30 | AU$519.70 Million | +1.82% |
| 2023-06-30 | AU$510.41 Million | +12.02% |
| 2022-06-30 | AU$455.66 Million | +151.65% |
| 2021-06-30 | AU$181.07 Million | +142.00% |
| 2020-06-30 | AU$74.82 Million | +15.25% |
| 2019-06-30 | AU$64.92 Million | +12.20% |
| 2018-06-30 | AU$57.87 Million | +32.67% |
| 2017-06-30 | AU$43.62 Million | +130.01% |
| 2016-06-30 | AU$18.96 Million | -28.60% |
| 2015-06-30 | AU$26.56 Million | +27.98% |
| 2014-06-30 | AU$20.75 Million | +9.79% |
| 2013-06-30 | AU$18.90 Million | +40.62% |
| 2012-06-30 | AU$13.44 Million | -69.34% |
| 2011-06-30 | AU$43.84 Million | +184.79% |
| 2010-06-30 | AU$15.39 Million | +77.31% |
| 2009-06-30 | AU$8.68 Million | +227.37% |
| 2008-06-30 | AU$2.65 Million | +52933.96% |
| 2007-06-30 | AU$5.00K | -99.33% |
| 2006-06-30 | AU$748.46K | +128.19% |
| 2005-06-30 | AU$328.00K | -- |
| 2004-06-30 | AU$0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to HUB24 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 grown by 19430.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$4.49 Million | 0.85% |
| Common Stock | AU$432.51 Million | 81.62% |
| Other Comprehensive Income | AU$92.88 Million | 17.53% |
| Total Equity | AU$529.89 Million | 100.00% |
HUB24 Ltd Competitors by Market Cap
The table below lists competitors of HUB24 Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NKT A/S
PINK:NRKBF
|
$3.97 Billion |
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
$3.97 Billion |
|
Spirit Aerosystems Holdings Inc
NYSE:SPR
|
$3.97 Billion |
|
Rockwool International A/S Series B
LSE:0M0A
|
$3.97 Billion |
|
Dixon Technologies (India) Limited
NSE:DIXON
|
$3.97 Billion |
|
Abivax SA
PA:ABVX
|
$3.97 Billion |
|
UPL Limited
NSE:UPL
|
$3.97 Billion |
|
Telephone and Data Systems Inc
NYSE:TDS
|
$3.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HUB24 Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 519,702,000 to 529,886,000, a change of 10,184,000 (2.0%).
- Net income of 79,485,000 contributed positively to equity growth.
- Dividend payments of 35,307,000 reduced retained earnings.
- Share repurchases of 54,133,000 reduced equity.
- New share issuances of 1,595,000 increased equity.
- Other comprehensive income increased equity by 59,408,000.
- Other factors decreased equity by 40,864,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$79.48 Million | +15.0% |
| Dividends Paid | AU$35.31 Million | -6.66% |
| Share Repurchases | AU$54.13 Million | -10.22% |
| Share Issuances | AU$1.59 Million | +0.3% |
| Other Comprehensive Income | AU$59.41 Million | +11.21% |
| Other Changes | AU$-40.86 Million | -7.71% |
| Total Change | AU$- | 1.96% |
Book Value vs Market Value Analysis
This analysis compares HUB24 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: 12.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 401.92x to 12.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.20 | AU$82.25 | x |
| 2006-06-30 | AU$0.47 | AU$82.25 | x |
| 2007-06-30 | AU$0.00 | AU$82.25 | x |
| 2008-06-30 | AU$1.48 | AU$82.25 | x |
| 2009-06-30 | AU$1.68 | AU$82.25 | x |
| 2010-06-30 | AU$2.47 | AU$82.25 | x |
| 2011-06-30 | AU$2.75 | AU$82.25 | x |
| 2012-06-30 | AU$0.62 | AU$82.25 | x |
| 2013-06-30 | AU$0.56 | AU$82.25 | x |
| 2014-06-30 | AU$0.43 | AU$82.25 | x |
| 2015-06-30 | AU$0.37 | AU$82.25 | x |
| 2016-06-30 | AU$0.35 | AU$82.25 | x |
| 2017-06-30 | AU$0.74 | AU$82.25 | x |
| 2018-06-30 | AU$0.93 | AU$82.25 | x |
| 2019-06-30 | AU$1.02 | AU$82.25 | x |
| 2020-06-30 | AU$1.17 | AU$82.25 | x |
| 2021-06-30 | AU$2.65 | AU$82.25 | x |
| 2022-06-30 | AU$6.07 | AU$82.25 | x |
| 2023-06-30 | AU$6.16 | AU$82.25 | x |
| 2024-06-30 | AU$6.21 | AU$82.25 | x |
| 2025-06-30 | AU$6.38 | AU$82.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HUB24 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): 15.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.85%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.25x
- Recent ROE (15.00%) is above the historical average (-9.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 56.78% | 3.66% | 3.90x | 3.98x | AU$153.45K |
| 2006 | 126.33% | 11.36% | 4.29x | 2.59x | AU$870.67K |
| 2007 | 83.44% | 65.95% | 0.00x | 1595.60x | AU$3.67K |
| 2008 | -124.81% | -197.66% | 0.44x | 1.45x | AU$-3.57 Million |
| 2009 | -23.02% | -213.30% | 0.05x | 2.19x | AU$-2.87 Million |
| 2010 | -6.94% | -106.10% | 0.04x | 1.47x | AU$-2.61 Million |
| 2011 | -10.15% | -60.56% | 0.13x | 1.25x | AU$-8.83 Million |
| 2012 | -227.02% | -457.36% | 0.21x | 2.32x | AU$-31.86 Million |
| 2013 | -56.48% | -796.42% | 0.06x | 1.11x | AU$-11.52 Million |
| 2014 | -45.79% | -262.47% | 0.15x | 1.18x | AU$-10.26 Million |
| 2015 | -36.08% | -22.52% | 1.02x | 1.57x | AU$-8.25 Million |
| 2016 | -9.25% | -4.02% | 1.51x | 1.52x | AU$-3.65 Million |
| 2017 | 8.42% | 5.84% | 1.00x | 1.45x | AU$-690.20K |
| 2018 | 12.75% | 8.72% | 1.17x | 1.25x | AU$1.59 Million |
| 2019 | 11.03% | 7.35% | 1.26x | 1.19x | AU$671.60K |
| 2020 | 11.00% | 10.08% | 0.83x | 1.31x | AU$745.96K |
| 2021 | 5.40% | 8.98% | 0.48x | 1.26x | AU$-8.34 Million |
| 2022 | 3.22% | 7.66% | 0.35x | 1.20x | AU$-30.90 Million |
| 2023 | 7.48% | 13.70% | 0.45x | 1.22x | AU$-12.88 Million |
| 2024 | 9.07% | 14.58% | 0.52x | 1.20x | AU$-4.81 Million |
| 2025 | 15.00% | 19.85% | 0.60x | 1.25x | AU$26.50 Million |
Industry Comparison
This section compares HUB24 Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $132,976,568
- Average return on equity (ROE) among peers: -37.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HUB24 Ltd (HUB) | AU$529.89 Million | 56.78% | 0.25x | $3.97 Billion |
| Australian Bond Exchange Holdings Ltd (ABE) | $2.26 Million | -45.15% | 0.46x | $241.16K |
| ALANDEQGRP FPO (AEG) | $-850.79K | 0.00% | 0.00x | $2.22 Million |
| Asf Group Ltd (AFA) | $4.63 Million | -83.61% | 3.53x | $6.30 Million |
| Bell Financial Group Ltd (BFG) | $146.49 Million | 9.86% | 2.16x | $91.65 Million |
| COG Financial Services Ltd (COG) | $189.04 Million | -0.92% | 0.32x | $141.64 Million |
| Computershare Ltd (CPU) | $835.16 Million | 30.62% | 1.77x | $9.85 Billion |
| Equity Story Group Ltd (EQS) | $966.96K | -265.36% | 1.64x | $708.17K |
| Fatfish Group Ltd (FFG) | $2.36 Million | 0.46% | 0.00x | $5.79 Million |
| Finexia Financial Group Ltd (FNX) | $16.72 Million | 19.22% | 3.65x | $3.85 Million |