Nick Scali Ltd (NCK) - Net Assets

Latest as of June 2026: AU$279.77 Million AUD ≈ $197.96 Million USD

Based on the latest financial reports, Nick Scali Ltd (NCK) has net assets worth AU$279.77 Million AUD (≈ $197.96 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$749.08 Million ≈ $530.02 Million USD) and total liabilities (AU$469.31 Million ≈ $332.06 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 how strategically is Nick Scali Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$279.77 Million
% of Total Assets	37.35%
Annual Growth Rate	16.81%
5-Year Change	98.52%
10-Year Change	297.49%
Growth Volatility	16.95

Nick Scali Ltd - Net Assets Trend (2002–2026)

This chart illustrates how Nick Scali Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Nick Scali Ltd (NCK) total market value.

Annual Net Assets for Nick Scali Ltd (2002–2026)

The table below shows the annual net assets of Nick Scali Ltd from 2002 to 2026. Also explore NCK shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-06-30	AU$279.77 Million ≈ $197.96 Million	+4.91%
2025-06-30	AU$266.68 Million ≈ $188.69 Million	+3.45%
2024-06-30	AU$257.78 Million ≈ $182.40 Million	+43.28%
2023-06-30	AU$179.91 Million ≈ $127.30 Million	+27.66%
2022-06-30	AU$140.93 Million ≈ $99.72 Million	+23.59%
2021-06-30	AU$114.03 Million ≈ $80.68 Million	+51.20%
2020-06-30	AU$75.41 Million ≈ $53.36 Million	-11.47%
2019-06-30	AU$85.18 Million ≈ $60.27 Million	+1.82%
2018-06-30	AU$83.66 Million ≈ $59.20 Million	+18.87%
2017-06-30	AU$70.38 Million ≈ $49.80 Million	+21.78%
2016-06-30	AU$57.79 Million ≈ $40.89 Million	+25.02%
2015-06-30	AU$46.23 Million ≈ $32.71 Million	+15.19%
2014-06-30	AU$40.13 Million ≈ $28.39 Million	+10.45%
2013-06-30	AU$36.33 Million ≈ $25.71 Million	+32.83%
2012-06-30	AU$27.35 Million ≈ $19.35 Million	+6.70%
2011-06-30	AU$25.64 Million ≈ $18.14 Million	+19.62%
2010-06-30	AU$21.43 Million ≈ $15.16 Million	+16.32%
2009-06-30	AU$18.42 Million ≈ $13.04 Million	+16.42%
2008-06-30	AU$15.83 Million ≈ $11.20 Million	-4.20%
2007-06-30	AU$16.52 Million ≈ $11.69 Million	+18.58%
2006-06-30	AU$13.93 Million ≈ $9.86 Million	+13.21%
2005-06-30	AU$12.30 Million ≈ $8.71 Million	+64.86%
2004-06-30	AU$7.46 Million ≈ $5.28 Million	+3.58%
2003-06-30	AU$7.21 Million ≈ $5.10 Million	+7.30%
2002-06-30	AU$6.72 Million ≈ $4.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nick Scali 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 436414.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2026)

Component	Amount	Percentage
Retained Earnings	AU$218.26 Million	78.01%
Common Stock	AU$62.00 Million	22.16%
Other Comprehensive Income	AU$-483.00K	-0.17%
Total Equity	AU$279.77 Million	100.00%

Nick Scali Ltd Competitors by Market Cap

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

Company	Market Cap
Daewoong Pharma KO:069620	$851.50 Million
Santacruz Silver Mining Ltd. V:SCZ	$851.61 Million
Xiamen Guang Pu Electronics Co Ltd SHE:300632	$851.62 Million
Gryphon Capital Income Trust AU:GCI	$852.35 Million
Elco Ltd TA:ELCO	$851.46 Million
Huadian Power International Corporation Limited F:SHX	$851.23 Million
Artis Real Estate Investment Trust TO:AX-UN	$851.22 Million
Treasure ASA OL:TRE	$850.94 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 266,678,000 to 279,771,000, a change of 13,093,000 (4.9%).
Net income of 75,678,000 contributed positively to equity growth.
Dividend payments of 61,582,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,003,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$75.68 Million	+27.05%
Dividends Paid	AU$61.58 Million	-22.01%
Other Comprehensive Income	AU$-1.00 Million	-0.36%
Total Change	AU$-	4.91%

Book Value vs Market Value Analysis

This analysis compares Nick Scali 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: 4.30x
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 158.16x to 4.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-06-30	AU$0.09	AU$14.07	x
2004-06-30	AU$0.10	AU$14.07	x
2005-06-30	AU$0.15	AU$14.07	x
2006-06-30	AU$0.17	AU$14.07	x
2007-06-30	AU$0.20	AU$14.07	x
2008-06-30	AU$0.20	AU$14.07	x
2009-06-30	AU$0.23	AU$14.07	x
2010-06-30	AU$0.26	AU$14.07	x
2011-06-30	AU$0.32	AU$14.07	x
2012-06-30	AU$0.34	AU$14.07	x
2013-06-30	AU$0.45	AU$14.07	x
2014-06-30	AU$0.50	AU$14.07	x
2015-06-30	AU$0.57	AU$14.07	x
2016-06-30	AU$0.71	AU$14.07	x
2017-06-30	AU$0.87	AU$14.07	x
2018-06-30	AU$1.03	AU$14.07	x
2019-06-30	AU$1.05	AU$14.07	x
2020-06-30	AU$0.93	AU$14.07	x
2021-06-30	AU$1.41	AU$14.07	x
2022-06-30	AU$1.74	AU$14.07	x
2023-06-30	AU$2.22	AU$14.07	x
2024-06-30	AU$3.16	AU$14.07	x
2025-06-30	AU$3.12	AU$14.07	x
2026-06-30	AU$3.27	AU$14.07	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nick Scali 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): 27.05%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.65%
• Asset Turnover: 0.69x
• Equity Multiplier: 2.68x
Recent ROE (27.05%) is below the historical average (47.70%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	90.26%	15.53%	2.50x	2.33x	AU$5.99 Million
2005	65.70%	14.91%	2.20x	2.00x	AU$6.85 Million
2006	58.19%	12.55%	2.64x	1.75x	AU$6.71 Million
2007	52.45%	11.18%	2.62x	1.79x	AU$7.01 Million
2008	41.68%	8.37%	2.78x	1.79x	AU$5.01 Million
2009	26.15%	6.21%	2.41x	1.75x	AU$2.97 Million
2010	52.52%	11.68%	2.35x	1.92x	AU$9.11 Million
2011	45.28%	11.61%	2.07x	1.89x	AU$9.04 Million
2012	32.99%	8.25%	2.03x	1.97x	AU$6.29 Million
2013	44.04%	12.56%	1.72x	2.04x	AU$12.37 Million
2014	35.47%	10.06%	1.76x	2.00x	AU$10.22 Million
2015	36.94%	10.96%	1.62x	2.08x	AU$12.45 Million
2016	45.25%	12.88%	1.67x	2.10x	AU$20.37 Million
2017	52.90%	15.99%	1.67x	1.98x	AU$30.20 Million
2018	48.98%	16.34%	1.46x	2.05x	AU$32.61 Million
2019	49.44%	15.71%	1.55x	2.03x	AU$33.60 Million
2020	55.79%	16.03%	0.72x	4.84x	AU$34.53 Million
2021	73.88%	22.58%	0.85x	3.83x	AU$72.84 Million
2022	53.16%	16.99%	0.72x	4.37x	AU$60.83 Million
2023	56.18%	19.91%	0.84x	3.38x	AU$83.09 Million
2024	31.27%	17.22%	0.66x	2.73x	AU$54.83 Million
2025	21.63%	11.65%	0.70x	2.65x	AU$31.01 Million
2026	27.05%	14.65%	0.69x	2.68x	AU$47.70 Million

Industry Comparison

This section compares Nick Scali Ltd's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $213,667,805
Average return on equity (ROE) among peers: 22.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nick Scali Ltd (NCK)	AU$279.77 Million	90.26%	1.68x	$851.49 Million
Adore Beauty Group Ltd (ABY)	$2.38 Million	39.95%	4.05x	$19.28 Million
Adairs Ltd (ADH)	$164.66 Million	38.71%	1.52x	$166.19 Million
Bapcor Ltd (BAP)	$96.96 Million	1.20%	1.48x	$187.32 Million
Baby Bunting Group Ltd (BBN)	$81.40 Million	7.42%	0.33x	$101.67 Million
Beacon Lighting Group Ltd (BLX)	$38.20 Million	30.88%	1.01x	$302.64 Million
Cash Converters International (CCV)	$45.86 Million	0.24%	0.74x	$138.45 Million
Dusk Group Ltd (DSK)	$30.21 Million	72.35%	1.80x	$31.28 Million
Harvey Norman Holdings Ltd (HVN)	$39.04 Million	-0.11%	1.02x	$3.61 Billion
JB Hi-Fi Ltd (JBH)	$1.62 Billion	28.51%	1.39x	$5.05 Billion
Joyce Corporation Ltd (JYC)	$16.16 Million	6.23%	2.43x	$131.60 Million

About Nick Scali Ltd

AU:NCK Australia Specialty Retail

Market Cap

$851.49 Million

AU$1.20 Billion AUD

Market Cap Rank

#9683 Global

#242 in Australia

Share Price

AU$14.07

Change (1 day)

-1.95%

52-Week Range

AU$13.38 - AU$25.72

All Time High

AU$25.72