MFF Capital Investments Ltd

AU:MFF Australia Asset Management
Market Cap
$1.65 Billion
AU$2.67 Billion AUD
Market Cap Rank
#6429 Global
#62 in Australia
Share Price
AU$4.53
Change (1 day)
-1.09%
52-Week Range
AU$3.86 - AU$5.07
All Time High
AU$5.07
Categories
Companies in Australia Asset Management Banking & Financial
About

MFF Capital Investments Limited is an investment firm manager. The firm is an internally managed listed public company incorporated in Australia. The firm ceased to be externally managed by Magellan Asset Management in 2013. The principal activity of the company is the investment in a minimum of 20 exchange-listed international or Australian companies. Value (acquisitions at attractive prices) an… Read more

MFF Capital Investments Ltd (MFF) - Net Assets

Latest net assets as of December 2025: AU$2.61 Billion AUD

Based on the latest financial reports, MFF Capital Investments Ltd (MFF) has net assets worth AU$2.61 Billion AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.13 Billion) and total liabilities (AU$515.32 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$2.61 Billion
% of Total Assets 83.53%
Annual Growth Rate 11.04%
5-Year Change 53.2%
10-Year Change 210.44%
Growth Volatility 19.56

MFF Capital Investments Ltd - Net Assets Trend (2007–2025)

This chart illustrates how MFF Capital Investments 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 MFF Capital Investments Ltd (2007–2025)

The table below shows the annual net assets of MFF Capital Investments Ltd from 2007 to 2025.

Year Net Assets Change
2025-06-30 AU$2.44 Billion +17.88%
2024-06-30 AU$2.07 Billion +22.75%
2023-06-30 AU$1.69 Billion +18.41%
2022-06-30 AU$1.42 Billion -10.58%
2021-06-30 AU$1.59 Billion +17.01%
2020-06-30 AU$1.36 Billion -5.66%
2019-06-30 AU$1.44 Billion +16.59%
2018-06-30 AU$1.24 Billion +29.91%
2017-06-30 AU$953.14 Million +21.20%
2016-06-30 AU$786.40 Million -1.24%
2015-06-30 AU$796.28 Million +71.40%
2014-06-30 AU$464.57 Million +12.64%
2013-06-30 AU$412.44 Million +22.32%
2012-06-30 AU$337.19 Million +14.57%
2011-06-30 AU$294.30 Million -0.96%
2010-06-30 AU$297.14 Million +8.86%
2009-06-30 AU$272.95 Million -7.30%
2008-06-30 AU$294.44 Million -20.58%
2007-06-30 AU$370.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to MFF Capital Investments 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 6056600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$57.72 Million 2.36%
Common Stock AU$727.29 Million 29.79%
Other Comprehensive Income AU$1.66 Billion 67.85%
Total Equity AU$2.44 Billion 100.00%

MFF Capital Investments Ltd Competitors by Market Cap

The table below lists competitors of MFF Capital Investments Ltd ranked by their market capitalization.

Company Market Cap
Bufab Holding AB
ST:BUFAB
 		$1.26 Billion
Nomad Foods Ltd
NYSE:NOMD
 		$1.26 Billion
Radiant Opto-Electronics Corp
TW:6176
 		$1.26 Billion
Wallenstam AB (publ)
ST:WALL-B
 		$1.26 Billion
MGI Tech Co. Ltd. A
SHG:688114
 		$1.26 Billion
goeasy Ltd
PINK:EHMEF
 		$1.25 Billion
Hangzhou Robam Appliances Co Ltd
SHE:002508
 		$1.25 Billion
COVIVIO HOTELS INH. EO 4
F:9FM
 		$1.25 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,071,040,000 to 2,441,314,000, a change of 370,274,000 (17.9%).
  • Net income of 431,971,000 contributed positively to equity growth.
  • Dividend payments of 61,697,000 reduced retained earnings.
  • Other comprehensive income increased equity by 424,186,000.
  • Other factors decreased equity by 424,186,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$431.97 Million +17.69%
Dividends Paid AU$61.70 Million -2.53%
Other Comprehensive Income AU$424.19 Million +17.38%
Other Changes AU$-424.19 Million -17.38%
Total Change AU$- 17.88%

Book Value vs Market Value Analysis

This analysis compares MFF Capital Investments 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: 1.08x
  • 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 6.42x to 1.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-06-30 AU$0.71 AU$4.53 x
2008-06-30 AU$0.56 AU$4.53 x
2009-06-30 AU$0.71 AU$4.53 x
2010-06-30 AU$0.81 AU$4.53 x
2011-06-30 AU$0.81 AU$4.53 x
2012-06-30 AU$0.94 AU$4.53 x
2013-06-30 AU$0.78 AU$4.53 x
2014-06-30 AU$0.88 AU$4.53 x
2015-06-30 AU$1.51 AU$4.53 x
2016-06-30 AU$1.50 AU$4.53 x
2017-06-30 AU$1.81 AU$4.53 x
2018-06-30 AU$2.32 AU$4.53 x
2019-06-30 AU$2.67 AU$4.53 x
2020-06-30 AU$2.50 AU$4.53 x
2021-06-30 AU$2.84 AU$4.53 x
2022-06-30 AU$2.47 AU$4.53 x
2023-06-30 AU$2.89 AU$4.53 x
2024-06-30 AU$3.52 AU$4.53 x
2025-06-30 AU$4.21 AU$4.53 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MFF Capital Investments 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): 17.69%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 70.30%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 1.21x
  • Recent ROE (17.69%) is above the historical average (8.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -0.77% 0.00% 0.00x 1.01x AU$-39.92 Million
2008 -25.91% 0.00% -0.30x 1.17x AU$-105.74 Million
2009 -5.40% 0.00% -0.05x 1.18x AU$-42.03 Million
2010 10.47% 62.71% 0.13x 1.24x AU$1.38 Million
2011 -0.01% -0.41% 0.01x 1.21x AU$-29.45 Million
2012 13.61% 64.48% 0.21x 1.00x AU$12.17 Million
2013 19.60% 67.42% 0.27x 1.06x AU$39.58 Million
2014 10.62% 69.82% 0.13x 1.16x AU$2.89 Million
2015 23.49% 69.60% 0.29x 1.16x AU$107.45 Million
2016 -1.25% 0.00% -0.01x 1.28x AU$-88.50 Million
2017 16.66% 69.55% 0.19x 1.28x AU$63.46 Million
2018 19.38% 69.71% 0.23x 1.21x AU$116.10 Million
2019 15.14% 69.64% 0.18x 1.24x AU$74.22 Million
2020 1.84% 65.61% 0.02x 1.13x AU$-111.09 Million
2021 13.65% 69.51% 0.16x 1.25x AU$58.17 Million
2022 -11.99% 0.00% -0.12x 1.41x AU$-313.27 Million
2023 19.18% 69.63% 0.20x 1.38x AU$154.85 Million
2024 21.60% 67.78% 0.25x 1.28x AU$240.25 Million
2025 17.69% 70.30% 0.21x 1.21x AU$187.84 Million

Industry Comparison

This section compares MFF Capital Investments Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $589,126,514
  • Average return on equity (ROE) among peers: -25.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MFF Capital Investments Ltd (MFF) AU$2.61 Billion -0.77% 0.20x $1.26 Billion
Acorn Capital Investment Fund Ltd (ACQ) $52.17 Million 4.80% 0.04x $5.49K
Australian Ethical Investment Ltd (AEF) $20.82 Million 45.43% 0.62x $241.24 Million
Australian Foundation Investment Company Ltd (AFI) $3.98 Billion 4.62% 0.15x $5.08 Billion
Alternative Investment Trust (AIQ) $281.69 Million 15.05% 0.96x $8.06K
Argo Global Listed Infrastructure Ltd (ALI) $320.48 Million -2.91% 0.03x $13.82K
Amcil Ltd (AMH) $128.23 Million 0.00% 0.02x $137.06 Million
Associate Global Partners Ltd (APL) $6.41 Million -310.27% 0.73x $1.95 Million
Ariadne Australia Ltd (ARA) $59.71 Million 8.64% 0.74x $17.16 Million
ARC Funds Ltd (ARC) $2.90 Million -21.10% 0.01x $1.21 Million
Australian United Investment Company Ltd (AUI) $1.04 Billion 5.35% 0.27x $395.51 Million