Kelly Partners Group Holdings Ltd (KPG) - Net Assets
Based on the latest financial reports, Kelly Partners Group Holdings Ltd (KPG) has net assets worth AU$71.66 Million AUD (≈ $50.70 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$233.63 Million ≈ $165.31 Million USD) and total liabilities (AU$161.97 Million ≈ $114.60 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 KPG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$71.66 Million |
| % of Total Assets | 30.67% |
| Annual Growth Rate | 24.01% |
| 5-Year Change | 164.25% |
| 10-Year Change | 241.85% |
| Growth Volatility | 32.58 |
Kelly Partners Group Holdings Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Kelly Partners Group Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kelly Partners Group Holdings Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kelly Partners Group Holdings Ltd (2013–2025)
The table below shows the annual net assets of Kelly Partners Group Holdings Ltd from 2013 to 2025. For live valuation and market cap data, see Kelly Partners Group Holdings Ltd (KPG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$66.48 Million ≈ $47.04 Million |
+26.98% |
| 2024-06-30 | AU$52.35 Million ≈ $37.04 Million |
+47.59% |
| 2023-06-30 | AU$35.47 Million ≈ $25.10 Million |
+4.47% |
| 2022-06-30 | AU$33.95 Million ≈ $24.02 Million |
+34.97% |
| 2021-06-30 | AU$25.16 Million ≈ $17.80 Million |
+9.74% |
| 2020-06-30 | AU$22.92 Million ≈ $16.22 Million |
-4.99% |
| 2019-06-30 | AU$24.13 Million ≈ $17.07 Million |
+0.03% |
| 2018-06-30 | AU$24.12 Million ≈ $17.07 Million |
+21.61% |
| 2017-06-30 | AU$19.83 Million ≈ $14.03 Million |
+2.00% |
| 2016-12-31 | AU$19.45 Million ≈ $13.76 Million |
+108.31% |
| 2016-06-30 | AU$9.33 Million ≈ $6.61 Million |
-12.57% |
| 2015-06-30 | AU$10.68 Million ≈ $7.55 Million |
+24.21% |
| 2014-06-30 | AU$8.60 Million ≈ $6.08 Million |
+71.03% |
| 2013-06-30 | AU$5.03 Million ≈ $3.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kelly Partners Group Holdings 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 402.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$11.87 Million | 41.77% |
| Common Stock | AU$16.85 Million | 59.28% |
| Other Comprehensive Income | AU$-300.00K | -1.06% |
| Total Equity | AU$28.42 Million | 100.00% |
Kelly Partners Group Holdings Ltd Competitors by Market Cap
The table below lists competitors of Kelly Partners Group Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Farms A/S
CO:FFARMS
|
$137.79 Million |
|
Federal Agricultural Mortgage Corporation
NYSE:AGM-A
|
$137.84 Million |
|
Harbin Bank Co. Ltd
F:5H6
|
$137.86 Million |
|
Genovis AB (publ.)
ST:GENO
|
$137.92 Million |
|
Ceres Global Ag Corp
TO:CRP
|
$137.69 Million |
|
1-800 FLOWERS.COM Inc
NASDAQ:FLWS
|
$137.63 Million |
|
Softstar Entertainment
TWO:6111
|
$137.62 Million |
|
Sangoma Technologies Corp
TO:STC
|
$137.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kelly Partners Group Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,639,000 to 28,424,000, a change of 5,785,000 (25.6%).
- Net income of 3,413,000 contributed positively to equity growth.
- Dividend payments of 19,067,000 reduced retained earnings.
- Share repurchases of 781,000 reduced equity.
- New share issuances of 3,777,000 increased equity.
- Other comprehensive income decreased equity by 256,000.
- Other factors increased equity by 18,699,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$3.41 Million | +12.01% |
| Dividends Paid | AU$19.07 Million | -67.08% |
| Share Repurchases | AU$781.00K | -2.75% |
| Share Issuances | AU$3.78 Million | +13.29% |
| Other Comprehensive Income | AU$-256.00K | -0.9% |
| Other Changes | AU$18.70 Million | +65.79% |
| Total Change | AU$- | 25.55% |
Book Value vs Market Value Analysis
This analysis compares Kelly Partners Group Holdings 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: 6.80x
- 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 42.10x to 6.80x 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$0.10 | AU$4.30 | x |
| 2014-06-30 | AU$0.15 | AU$4.30 | x |
| 2015-06-30 | AU$0.19 | AU$4.30 | x |
| 2016-06-30 | AU$0.18 | AU$4.30 | x |
| 2017-06-30 | AU$0.35 | AU$4.30 | x |
| 2018-06-30 | AU$0.33 | AU$4.30 | x |
| 2019-06-30 | AU$0.33 | AU$4.30 | x |
| 2020-06-30 | AU$0.35 | AU$4.30 | x |
| 2021-06-30 | AU$0.39 | AU$4.30 | x |
| 2022-06-30 | AU$0.45 | AU$4.30 | x |
| 2023-06-30 | AU$0.45 | AU$4.30 | x |
| 2024-06-30 | AU$0.50 | AU$4.30 | x |
| 2025-06-30 | AU$0.63 | AU$4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kelly Partners Group Holdings 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): 12.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.54%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 7.00x
- Recent ROE (12.01%) is below the historical average (19.89%), 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 | 34.95% | 7.95% | 0.81x | 5.43x | AU$740.29K |
| 2014 | 18.99% | 5.12% | 0.68x | 5.46x | AU$415.98K |
| 2015 | 23.05% | 6.79% | 0.78x | 4.37x | AU$784.81K |
| 2016 | 35.07% | 9.53% | 0.82x | 4.47x | AU$1.44 Million |
| 2017 | -23.86% | -9.24% | 0.71x | 3.63x | AU$-3.96 Million |
| 2018 | 29.43% | 11.10% | 0.89x | 2.99x | AU$2.89 Million |
| 2019 | 16.38% | 6.09% | 0.81x | 3.33x | AU$948.81K |
| 2020 | 25.26% | 8.82% | 0.79x | 3.63x | AU$2.43 Million |
| 2021 | 25.75% | 9.45% | 0.72x | 3.77x | AU$2.83 Million |
| 2022 | 26.88% | 8.58% | 0.61x | 5.15x | AU$3.49 Million |
| 2023 | 19.12% | 4.54% | 0.65x | 6.46x | AU$1.87 Million |
| 2024 | 15.57% | 3.26% | 0.68x | 7.04x | AU$1.26 Million |
| 2025 | 12.01% | 2.54% | 0.68x | 7.00x | AU$570.60K |
Industry Comparison
This section compares Kelly Partners Group Holdings 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: $281,080,682
- Average return on equity (ROE) among peers: 6.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kelly Partners Group Holdings Ltd (KPG) | AU$71.66 Million | 34.95% | 2.26x | $137.75 Million |
| Boom Logistics Ltd (BOL) | $244.72 Million | -11.23% | 1.29x | $50.84 Million |
| Brambles Ltd (BXB) | $1.48 Billion | 43.78% | 2.65x | $22.03 Billion |
| Credit Intelligence Ltd (CI1) | $24.09 Million | 3.06% | 0.22x | $6.85 Million |
| Count Ltd (CUP) | $78.11 Million | 20.31% | 4.47x | $140.89 Million |
| Energy Action Ltd (EAX) | $2.95 Million | 0.00% | 0.61x | $11.40 Million |
| IPH Ltd (IPH) | $391.44 Million | 15.10% | 1.22x | $690.10 Million |
| Mader Group Ltd (MAD) | $12.63 Million | 26.91% | 1.42x | $1.13 Billion |
| RBR Group Ltd (RBR) | $1.63 Million | -60.09% | 1.62x | $1.89 Million |
| Smartgroup Corporation Ltd (SIQ) | $292.31 Million | 20.28% | 0.59x | $877.94 Million |
About Kelly Partners Group Holdings Ltd
Kelly Partners Group Holdings Limited provides chartered accounting and other professional services to private businesses and high net worth individuals in Australia and internationally. The company operates in two segments, Accounting and Other Services. It offers accounting and taxation, corporate secretarial, outsourced CFO, audit, business structuring, bookkeeping, and other accounting relate… Read more