Infratil Ltd

AU:IFT Australia Conglomerates
Market Cap
$5.55 Billion
AU$8.96 Billion AUD
Market Cap Rank
#2718 Global
#21 in Australia
Share Price
AU$8.99
Change (1 day)
+0.67%
52-Week Range
AU$8.74 - AU$11.35
All Time High
AU$11.91
Categories
Companies in Australia Conglomerates
About

Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. The company was incorporated in 1994 and is based in Wellington, New Zealand.

Infratil Ltd (IFT) - Net Assets

Latest net assets as of September 2025: AU$8.22 Billion AUD

Based on the latest financial reports, Infratil Ltd (IFT) has net assets worth AU$8.22 Billion AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$16.65 Billion) and total liabilities (AU$8.43 Billion). 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$8.22 Billion
% of Total Assets 49.36%
Annual Growth Rate 19.07%
5-Year Change 100.9%
10-Year Change 167.59%
Growth Volatility 30.05

Infratil Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Infratil 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 Infratil Ltd (1995–2025)

The table below shows the annual net assets of Infratil Ltd from 1995 to 2025.

Year Net Assets Change
2025-03-31 AU$8.21 Billion +10.01%
2024-03-31 AU$7.47 Billion +28.51%
2023-03-31 AU$5.81 Billion +13.03%
2022-03-31 AU$5.14 Billion +25.71%
2021-03-31 AU$4.09 Billion +22.43%
2020-03-31 AU$3.34 Billion +21.69%
2019-03-31 AU$2.74 Billion -12.46%
2018-03-31 AU$3.13 Billion -0.19%
2017-03-31 AU$3.14 Billion +2.31%
2016-03-31 AU$3.07 Billion +20.14%
2015-03-31 AU$2.56 Billion +25.51%
2014-03-31 AU$2.04 Billion +5.19%
2013-03-31 AU$1.94 Billion -3.54%
2012-03-31 AU$2.01 Billion +8.88%
2011-03-31 AU$1.84 Billion +6.45%
2010-03-31 AU$1.73 Billion +5.93%
2009-03-31 AU$1.63 Billion +11.15%
2008-03-31 AU$1.47 Billion -12.80%
2007-03-31 AU$1.69 Billion +112.55%
2006-03-31 AU$793.38 Million +34.92%
2005-03-31 AU$588.05 Million -0.52%
2004-03-31 AU$591.12 Million +39.18%
2003-03-31 AU$424.72 Million +1.06%
2002-03-31 AU$420.28 Million +88.09%
2001-03-31 AU$223.45 Million +8.21%
2000-03-31 AU$206.50 Million +14.40%
1999-03-31 AU$180.51 Million +37.89%
1998-03-31 AU$130.91 Million -5.92%
1997-03-31 AU$139.14 Million +70.45%
1996-03-31 AU$81.63 Million +86.71%
1995-03-31 AU$43.72 Million --

Equity Component Analysis

This analysis shows how different components contribute to Infratil 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 221088.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings AU$2.32 Billion 34.84%
Common Stock AU$3.41 Billion 51.18%
Other Comprehensive Income AU$931.40 Million 13.98%
Total Equity AU$6.66 Billion 100.00%

Infratil Ltd Competitors by Market Cap

The table below lists competitors of Infratil Ltd ranked by their market capitalization.

Company Market Cap
Plexus Corp
NASDAQ:PLXS
 		$5.15 Billion
Technology One Limited
PINK:THNOF
 		$5.16 Billion
Hundsun Technologies Inc
SHG:600570
 		$5.16 Billion
Localiza Rent A Car SA
OTCQX:LZRFY
 		$5.17 Billion
Giant Network Group Co Ltd
SHE:002558
 		$5.15 Billion
Central Bancompany Inc
PINK:CBCY
 		$5.15 Billion
M&G Plc
PINK:MGPUF
 		$5.15 Billion
Piper Sandler Companies
NYSE:PIPR
 		$5.14 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,919,000,000 to 6,661,300,000, a change of 742,300,000 (12.5%).
  • Net loss of 286,300,000 reduced equity.
  • Dividend payments of 188,700,000 reduced retained earnings.
  • Share repurchases of 45,500,000 reduced equity.
  • New share issuances of 1,297,300,000 increased equity.
  • Other comprehensive income increased equity by 295,400,000.
  • Other factors decreased equity by 329,900,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-286.30 Million -4.3%
Dividends Paid AU$188.70 Million -2.83%
Share Repurchases AU$45.50 Million -0.68%
Share Issuances AU$1.30 Billion +19.48%
Other Comprehensive Income AU$295.40 Million +4.43%
Other Changes AU$-329.90 Million -4.95%
Total Change AU$- 12.54%

Book Value vs Market Value Analysis

This analysis compares Infratil 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: 1.26x
  • 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 219.65x to 1.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-03-31 AU$0.04 AU$8.99 x
1996-03-31 AU$0.12 AU$8.99 x
1997-03-31 AU$0.20 AU$8.99 x
1998-03-31 AU$0.19 AU$8.99 x
1999-03-31 AU$0.26 AU$8.99 x
2000-03-31 AU$0.30 AU$8.99 x
2001-03-31 AU$0.23 AU$8.99 x
2002-03-31 AU$0.60 AU$8.99 x
2003-03-31 AU$0.61 AU$8.99 x
2004-03-31 AU$0.78 AU$8.99 x
2005-03-31 AU$0.76 AU$8.99 x
2006-03-31 AU$0.96 AU$8.99 x
2007-03-31 AU$1.26 AU$8.99 x
2008-03-31 AU$1.06 AU$8.99 x
2009-03-31 AU$1.14 AU$8.99 x
2010-03-31 AU$1.27 AU$8.99 x
2011-03-31 AU$1.44 AU$8.99 x
2012-03-31 AU$1.55 AU$8.99 x
2013-03-31 AU$1.45 AU$8.99 x
2014-03-31 AU$1.61 AU$8.99 x
2015-03-31 AU$2.15 AU$8.99 x
2016-03-31 AU$2.77 AU$8.99 x
2017-03-31 AU$2.82 AU$8.99 x
2018-03-31 AU$2.79 AU$8.99 x
2019-03-31 AU$2.37 AU$8.99 x
2020-03-31 AU$3.07 AU$8.99 x
2021-03-31 AU$3.73 AU$8.99 x
2022-03-31 AU$5.13 AU$8.99 x
2023-03-31 AU$5.81 AU$8.99 x
2024-03-31 AU$7.32 AU$8.99 x
2025-03-31 AU$7.12 AU$8.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Infratil 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): -4.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.55%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 2.59x
  • Recent ROE (-4.30%) is below the historical average (6.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 2.40% 0.00% 0.00x 1.00x AU$-3.32 Million
1996 5.32% 0.00% 0.00x 1.14x AU$-3.82 Million
1997 4.54% 0.00% 0.00x 1.04x AU$-7.60 Million
1998 7.72% 0.00% 0.00x 1.05x AU$-2.98 Million
1999 14.71% 204269.23% 0.00x 2.32x AU$8.50 Million
2000 16.55% 109.23% 0.06x 2.42x AU$13.52 Million
2001 -0.25% 0.00% 0.00x 3.79x AU$-16.57 Million
2002 -2.20% -5.92% 0.20x 1.90x AU$-51.27 Million
2003 7.66% 26.28% 0.16x 1.86x AU$-9.95 Million
2004 4.15% 18.15% 0.14x 1.69x AU$-31.61 Million
2005 -1.05% -2.89% 0.19x 1.89x AU$-58.65 Million
2006 1.20% 2.98% 0.16x 2.56x AU$-58.62 Million
2007 3.96% 5.24% 0.18x 4.26x AU$-52.84 Million
2008 -0.23% -0.13% 0.30x 6.00x AU$-75.03 Million
2009 -24.15% -11.08% 0.36x 6.00x AU$-270.10 Million
2010 3.29% 1.59% 0.41x 5.12x AU$-59.07 Million
2011 6.45% 3.18% 0.40x 5.04x AU$-35.44 Million
2012 4.80% 2.38% 0.41x 4.93x AU$-55.86 Million
2013 0.34% 0.14% 0.44x 5.42x AU$-97.04 Million
2014 17.77% 8.48% 0.43x 4.87x AU$86.97 Million
2015 25.67% 23.60% 0.27x 3.98x AU$234.11 Million
2016 22.77% 25.65% 0.26x 3.44x AU$245.83 Million
2017 3.38% 3.62% 0.27x 3.47x AU$-129.73 Million
2018 3.13% 3.50% 0.26x 3.43x AU$-133.06 Million
2019 -1.18% -1.46% 0.20x 4.09x AU$-184.10 Million
2020 11.31% 18.82% 0.17x 3.56x AU$27.98 Million
2021 -1.86% -12.05% 0.04x 3.61x AU$-313.60 Million
2022 31.48% 90.13% 0.13x 2.65x AU$797.91 Million
2023 15.28% 34.85% 0.18x 2.42x AU$222.29 Million
2024 14.43% 27.20% 0.19x 2.72x AU$262.10 Million
2025 -4.30% -8.55% 0.19x 2.59x AU$-952.43 Million

Industry Comparison

This section compares Infratil Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $353,838,154
  • Average return on equity (ROE) among peers: 10.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Infratil Ltd (IFT) AU$8.22 Billion 2.40% 1.03x $5.15 Billion
Alfabs Australia Ltd (AAL) $64.87 Million 18.76% 1.03x $19.42 Million
GREEN360 Technologies Ltd (GT3) $5.73 Million 0.00% 0.01x $16.96 Million
NRW Holdings Ltd (NWH) $352.87 Million 21.00% 1.31x $1.49 Billion
SGH Ltd (SGH) $945.52 Million 0.52% 1.13x $5.37 Billion
SEVEN GROUP HOLDINGS LTD (SVW) $718.40 Million 14.99% 1.55x $272.77K
XRF Scientific Ltd (XRF) $35.64 Million 8.76% 0.27x $108.79 Million