OFX Group Ltd
OFX Group Limited provides international payments and foreign exchange services in the Asia Pacific, North America, Europe, the Middle East, and Africa. It offers products and services to consumers, corporates, online sellers, and enterprise clients. The company was formerly known as OzForex Group Limited and changed its name to OFX Group Limited in September 2016. OFX Group Limited was founded i… Read more
OFX Group Ltd (OFX) - Net Assets
Latest net assets as of September 2025: AU$181.16 Million AUD
Based on the latest financial reports, OFX Group Ltd (OFX) has net assets worth AU$181.16 Million 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$527.92 Million) and total liabilities (AU$346.76 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$181.16 Million |
| % of Total Assets | 34.32% |
| Annual Growth Rate | 18.13% |
| 5-Year Change | 126.46% |
| 10-Year Change | 241.58% |
| Growth Volatility | 14.76 |
OFX Group Ltd - Net Assets Trend (2010–2025)
This chart illustrates how OFX Group 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 OFX Group Ltd (2010–2025)
The table below shows the annual net assets of OFX Group Ltd from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$181.82 Million | +7.18% |
| 2024-03-31 | AU$169.64 Million | +17.71% |
| 2023-03-31 | AU$144.11 Million | +38.71% |
| 2022-03-31 | AU$103.89 Million | +29.40% |
| 2021-03-31 | AU$80.29 Million | +5.66% |
| 2020-03-31 | AU$75.99 Million | +9.10% |
| 2019-03-31 | AU$69.65 Million | +10.56% |
| 2018-03-31 | AU$62.99 Million | +9.61% |
| 2017-03-31 | AU$57.47 Million | +7.97% |
| 2016-03-31 | AU$53.23 Million | +11.75% |
| 2015-03-31 | AU$47.63 Million | +32.30% |
| 2014-03-31 | AU$36.00 Million | +46.35% |
| 2013-03-31 | AU$24.60 Million | -5.07% |
| 2012-03-31 | AU$25.91 Million | +22.65% |
| 2011-03-31 | AU$21.13 Million | +41.39% |
| 2010-03-31 | AU$14.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OFX Group 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 1009.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$162.97 Million | 89.63% |
| Common Stock | AU$12.01 Million | 6.61% |
| Other Comprehensive Income | AU$6.84 Million | 3.76% |
| Total Equity | AU$181.82 Million | 100.00% |
OFX Group Ltd Competitors by Market Cap
The table below lists competitors of OFX Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurion Resources Ltd
OTCQX:AIRRF
|
$70.55 Million |
|
Value Valves Co Ltd
TWO:4580
|
$70.55 Million |
|
Skue Sparebank
OL:SKUE
|
$70.56 Million |
|
Companhia Energética do Ceará - Coelce
SA:COCE3
|
$70.61 Million |
|
Precision BioSciences Inc
NASDAQ:DTIL
|
$70.50 Million |
|
Apetit Oyj
HE:APETIT
|
$70.45 Million |
|
Sebang Co Ltd
KO:004365
|
$70.43 Million |
|
Sound Financial Bancorp Inc
NASDAQ:SFBC
|
$70.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OFX Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 169,638,000 to 181,822,000, a change of 12,184,000 (7.2%).
- Net income of 24,862,000 contributed positively to equity growth.
- Share repurchases of 13,700,000 reduced equity.
- Other comprehensive income decreased equity by 2,204,000.
- Other factors increased equity by 3,226,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$24.86 Million | +13.67% |
| Share Repurchases | AU$13.70 Million | -7.53% |
| Other Comprehensive Income | AU$-2.20 Million | -1.21% |
| Other Changes | AU$3.23 Million | +1.77% |
| Total Change | AU$- | 7.18% |
Book Value vs Market Value Analysis
This analysis compares OFX Group 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.85x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | AU$0.10 | AU$0.60 | x |
| 2014-03-31 | AU$0.15 | AU$0.60 | x |
| 2015-03-31 | AU$0.20 | AU$0.60 | x |
| 2016-03-31 | AU$0.22 | AU$0.60 | x |
| 2017-03-31 | AU$0.24 | AU$0.60 | x |
| 2018-03-31 | AU$0.26 | AU$0.60 | x |
| 2019-03-31 | AU$0.28 | AU$0.60 | x |
| 2020-03-31 | AU$0.31 | AU$0.60 | x |
| 2021-03-31 | AU$0.32 | AU$0.60 | x |
| 2022-03-31 | AU$0.41 | AU$0.60 | x |
| 2023-03-31 | AU$0.57 | AU$0.60 | x |
| 2024-03-31 | AU$0.67 | AU$0.60 | x |
| 2025-03-31 | AU$0.77 | AU$0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OFX Group 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): 13.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 298.11%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 3.12x
- Recent ROE (13.67%) is below the historical average (31.93%), 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 | 69.66% | 30.75% | 0.57x | 3.98x | AU$14.68 Million |
| 2014 | 44.35% | 20.81% | 0.47x | 4.56x | AU$12.37 Million |
| 2015 | 50.95% | 24.91% | 0.51x | 4.04x | AU$19.50 Million |
| 2016 | 40.98% | 19.32% | 0.55x | 3.86x | AU$16.49 Million |
| 2017 | 34.10% | 17.01% | 0.60x | 3.32x | AU$13.85 Million |
| 2018 | 29.66% | 15.50% | 0.50x | 3.85x | AU$12.39 Million |
| 2019 | 25.29% | 13.52% | 0.50x | 3.76x | AU$10.65 Million |
| 2020 | 26.76% | 14.70% | 0.39x | 4.72x | AU$12.73 Million |
| 2021 | 15.92% | 9.49% | 0.36x | 4.71x | AU$4.75 Million |
| 2022 | 23.54% | 15.44% | 0.39x | 3.93x | AU$14.07 Million |
| 2023 | 21.80% | 13.72% | 0.34x | 4.72x | AU$17.00 Million |
| 2024 | 18.45% | 12.89% | 0.43x | 3.36x | AU$14.34 Million |
| 2025 | 13.67% | 298.11% | 0.01x | 3.12x | AU$6.68 Million |
Industry Comparison
This section compares OFX Group Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $121,575,164
- Average return on equity (ROE) among peers: -34.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OFX Group Ltd (OFX) | AU$181.16 Million | 69.66% | 1.91x | $70.52 Million |
| Australian Bond Exchange Holdings Ltd (ABE) | $2.26 Million | -45.15% | 0.46x | $241.16K |
| ALANDEQGRP FPO (AEG) | $-850.79K | 0.00% | 0.00x | $2.22 Million |
| Asf Group Ltd (AFA) | $4.63 Million | -83.61% | 3.53x | $6.30 Million |
| Bell Financial Group Ltd (BFG) | $146.49 Million | 9.86% | 2.16x | $91.65 Million |
| COG Financial Services Ltd (COG) | $189.04 Million | -0.92% | 0.32x | $141.64 Million |
| Computershare Ltd (CPU) | $835.16 Million | 30.62% | 1.77x | $9.85 Billion |
| Equity Story Group Ltd (EQS) | $966.96K | -265.36% | 1.64x | $708.17K |
| Fatfish Group Ltd (FFG) | $2.36 Million | 0.46% | 0.00x | $5.79 Million |
| Finexia Financial Group Ltd (FNX) | $16.72 Million | 19.22% | 3.65x | $3.85 Million |
| HUB24 Ltd (HUB) | $18.96 Million | -9.25% | 0.52x | $3.97 Billion |