IPH Ltd
IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP. It serves Fortune Global 500 … Read more
IPH Ltd (IPH) - Net Assets
Latest net assets as of June 2025: AU$699.40 Million AUD
Based on the latest financial reports, IPH Ltd (IPH) has net assets worth AU$699.40 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$1.35 Billion) and total liabilities (AU$651.10 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$699.40 Million |
| % of Total Assets | 51.79% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | 63.87% |
| 10-Year Change | 215.31% |
| Growth Volatility | 143.55 |
IPH Ltd - Net Assets Trend (2012–2025)
This chart illustrates how IPH 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 IPH Ltd (2012–2025)
The table below shows the annual net assets of IPH Ltd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$699.40 Million | +10.26% |
| 2024-06-30 | AU$634.30 Million | +9.91% |
| 2023-06-30 | AU$577.13 Million | +34.31% |
| 2022-06-30 | AU$429.71 Million | +0.68% |
| 2021-06-30 | AU$426.79 Million | +0.98% |
| 2020-06-30 | AU$422.66 Million | +48.43% |
| 2019-06-30 | AU$284.75 Million | +6.41% |
| 2018-06-30 | AU$267.59 Million | +11.64% |
| 2017-06-30 | AU$239.69 Million | +8.06% |
| 2016-06-30 | AU$221.81 Million | +530.54% |
| 2015-06-30 | AU$35.18 Million | -91.01% |
| 2015-03-31 | AU$391.44 Million | +4993.00% |
| 2014-06-30 | AU$-8.00 Million | -102.31% |
| 2014-03-31 | AU$345.85 Million | +2.01% |
| 2013-06-30 | AU$339.04 Million | -1.10% |
| 2012-06-30 | AU$342.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IPH 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 118.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$723.70 Million | 103.47% |
| Other Comprehensive Income | AU$31.00 Million | 4.43% |
| Total Equity | AU$699.40 Million | 100.00% |
IPH Ltd Competitors by Market Cap
The table below lists competitors of IPH Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Development Co
KO:294870
|
$509.77 Million |
|
Vital Energy Inc.
NYSE:VTLE
|
$509.81 Million |
|
MarineMax Inc
NYSE:HZO
|
$509.87 Million |
|
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A
SHE:002915
|
$509.87 Million |
|
CMS Info Systems Limited
NSE:CMSINFO
|
$509.57 Million |
|
Leonteq AG
PINK:LNTQF
|
$509.56 Million |
|
Oxford Nanopore Technologies Limited
PINK:ONTTF
|
$509.48 Million |
|
China Datang Corporation Renewable Power Co. Limited
F:DT7
|
$509.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IPH Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 634,300,000 to 699,400,000, a change of 65,100,000 (10.3%).
- Net income of 68,800,000 contributed positively to equity growth.
- Dividend payments of 93,700,000 reduced retained earnings.
- Share repurchases of 74,200,000 reduced equity.
- New share issuances of 122,100,000 increased equity.
- Other comprehensive income increased equity by 11,400,000.
- Other factors increased equity by 30,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$68.80 Million | +9.84% |
| Dividends Paid | AU$93.70 Million | -13.4% |
| Share Repurchases | AU$74.20 Million | -10.61% |
| Share Issuances | AU$122.10 Million | +17.46% |
| Other Comprehensive Income | AU$11.40 Million | +1.63% |
| Other Changes | AU$30.70 Million | +4.39% |
| Total Change | AU$- | 10.26% |
Book Value vs Market Value Analysis
This analysis compares IPH 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: 1.25x
- 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 1.53x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$2.15 | AU$3.28 | x |
| 2014-06-30 | AU$-0.05 | AU$3.28 | x |
| 2015-06-30 | AU$0.23 | AU$3.28 | x |
| 2016-06-30 | AU$1.24 | AU$3.28 | x |
| 2017-06-30 | AU$1.25 | AU$3.28 | x |
| 2018-06-30 | AU$1.36 | AU$3.28 | x |
| 2019-06-30 | AU$1.43 | AU$3.28 | x |
| 2020-06-30 | AU$1.99 | AU$3.28 | x |
| 2021-06-30 | AU$1.97 | AU$3.28 | x |
| 2022-06-30 | AU$1.96 | AU$3.28 | x |
| 2023-06-30 | AU$2.54 | AU$3.28 | x |
| 2024-06-30 | AU$2.60 | AU$3.28 | x |
| 2025-06-30 | AU$2.61 | AU$3.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IPH Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.74%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.93x
- Recent ROE (9.84%) is below the historical average (16.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.47% | 20.10% | 0.12x | 2.30x | AU$-15.52 Million |
| 2013 | 5.99% | 27.36% | 0.09x | 2.35x | AU$-13.60 Million |
| 2014 | 6.88% | 26.75% | 0.11x | 2.34x | AU$-10.78 Million |
| 2014 | 0.00% | 42.72% | 3.04x | 0.00x | AU$32.14 Million |
| 2015 | 15.10% | 65.60% | 0.10x | 2.22x | AU$19.95 Million |
| 2015 | 86.95% | 34.47% | 1.22x | 2.06x | AU$27.07 Million |
| 2016 | 17.51% | 25.16% | 0.52x | 1.34x | AU$16.66 Million |
| 2017 | 17.89% | 23.39% | 0.64x | 1.20x | AU$18.92 Million |
| 2018 | 15.20% | 18.32% | 0.60x | 1.37x | AU$13.91 Million |
| 2019 | 18.65% | 21.03% | 0.61x | 1.46x | AU$24.64 Million |
| 2020 | 12.95% | 14.97% | 0.51x | 1.70x | AU$12.49 Million |
| 2021 | 12.56% | 14.90% | 0.53x | 1.58x | AU$10.92 Million |
| 2022 | 12.23% | 14.04% | 0.54x | 1.60x | AU$9.59 Million |
| 2023 | 11.18% | 13.37% | 0.40x | 2.07x | AU$6.83 Million |
| 2024 | 9.59% | 10.04% | 0.46x | 2.07x | AU$-2.63 Million |
| 2025 | 9.84% | 9.74% | 0.52x | 1.93x | AU$-1.14 Million |
Industry Comparison
This section compares IPH Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $105,215,939
- Average return on equity (ROE) among peers: 2.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IPH Ltd (IPH) | AU$699.40 Million | 5.47% | 0.93x | $509.75 Million |
| Boom Logistics Ltd (BOL) | $133.87 Million | -3.98% | 0.49x | $26.58 Million |
| Brambles Ltd (BXB) | $520.11 Million | -0.61% | 1.06x | $18.86 Billion |
| Credit Intelligence Ltd (CI1) | $11.05 Million | 22.99% | 1.52x | $3.87 Million |
| Count Ltd (CUP) | $49.05 Million | 18.14% | 0.77x | $95.14 Million |
| Energy Action Ltd (EAX) | $13.25 Million | 33.02% | 0.44x | $300.46K |
| RBR Group Ltd (RBR) | $1.63 Million | -60.09% | 1.62x | $713.86K |
| SSH Group Ltd (SSH) | $7.55 Million | 8.84% | 4.75x | $3.27 Million |