OFX Group Ltd (OFX) - Net Assets
Based on the latest financial reports, OFX Group Ltd (OFX) has net assets worth AU$175.51 Million AUD (≈ $124.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$689.89 Million ≈ $488.14 Million USD) and total liabilities (AU$514.38 Million ≈ $363.96 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 OFX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$175.51 Million |
| % of Total Assets | 25.44% |
| Annual Growth Rate | 16.64% |
| 5-Year Change | 68.93% |
| 10-Year Change | 205.38% |
| Growth Volatility | 15.29 |
OFX Group Ltd - Net Assets Trend (2010–2026)
This chart illustrates how OFX Group Ltd's net assets have evolved over time, based on quarterly financial data. See OFX Group Ltd (OFX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for OFX Group Ltd (2010–2026)
The table below shows the annual net assets of OFX Group Ltd from 2010 to 2026. For live valuation and market cap data, see OFX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | AU$175.51 Million ≈ $124.19 Million |
-3.47% |
| 2025-03-31 | AU$181.82 Million ≈ $128.65 Million |
+7.18% |
| 2024-03-31 | AU$169.64 Million ≈ $120.03 Million |
+17.71% |
| 2023-03-31 | AU$144.11 Million ≈ $101.97 Million |
+38.71% |
| 2022-03-31 | AU$103.89 Million ≈ $73.51 Million |
+29.40% |
| 2021-03-31 | AU$80.29 Million ≈ $56.81 Million |
+5.66% |
| 2020-03-31 | AU$75.99 Million ≈ $53.77 Million |
+9.10% |
| 2019-03-31 | AU$69.65 Million ≈ $49.28 Million |
+10.56% |
| 2018-03-31 | AU$62.99 Million ≈ $44.57 Million |
+9.61% |
| 2017-03-31 | AU$57.47 Million ≈ $40.67 Million |
+7.97% |
| 2016-03-31 | AU$53.23 Million ≈ $37.66 Million |
+11.75% |
| 2015-03-31 | AU$47.63 Million ≈ $33.70 Million |
+32.30% |
| 2014-03-31 | AU$36.00 Million ≈ $25.47 Million |
+46.35% |
| 2013-03-31 | AU$24.60 Million ≈ $17.41 Million |
-5.07% |
| 2012-03-31 | AU$25.91 Million ≈ $18.34 Million |
+22.65% |
| 2011-03-31 | AU$21.13 Million ≈ $14.95 Million |
+41.39% |
| 2010-03-31 | AU$14.94 Million ≈ $10.57 Million |
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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 1007.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$162.58 Million | 92.63% |
| Common Stock | AU$11.73 Million | 6.69% |
| Other Comprehensive Income | AU$1.20 Million | 0.68% |
| Total Equity | AU$175.51 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 |
|---|---|
|
Unitech Electronics Co. Ltd.
TW:3652
|
$95.11 Million |
|
Black Diamond Therapeutics Inc
NASDAQ:BDTX
|
$95.12 Million |
|
Chyang Sheng Dyeing & Finishing Co Ltd
TW:1463
|
$95.15 Million |
|
New Asia Construction & Development Corp
TW:2516
|
$95.17 Million |
|
Trek Metals Ltd
AU:TKM
|
$95.10 Million |
|
Grupo Greening 2022 SA
MC:GGR
|
$95.09 Million |
|
Airship AI Holdings Inc
NASDAQ:AISP
|
$95.05 Million |
|
Fidelix Co. Ltd
KQ:032580
|
$95.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OFX Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 181,822,000 to 175,511,000, a change of -6,311,000 (-3.5%).
- Net loss of 391,000 reduced equity.
- Share repurchases of 1,911,000 reduced equity.
- Other comprehensive income decreased equity by 5,644,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-391.00K | -0.22% |
| Share Repurchases | AU$1.91 Million | -1.09% |
| Other Comprehensive Income | AU$-5.64 Million | -3.22% |
| Other Changes | AU$1.64 Million | +0.93% |
| Total Change | AU$- | -3.47% |
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: 0.77x
- 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 5.66x to 0.77x 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$0.58 | x |
| 2014-03-31 | AU$0.15 | AU$0.58 | x |
| 2015-03-31 | AU$0.20 | AU$0.58 | x |
| 2016-03-31 | AU$0.22 | AU$0.58 | x |
| 2017-03-31 | AU$0.24 | AU$0.58 | x |
| 2018-03-31 | AU$0.26 | AU$0.58 | x |
| 2019-03-31 | AU$0.28 | AU$0.58 | x |
| 2020-03-31 | AU$0.31 | AU$0.58 | x |
| 2021-03-31 | AU$0.32 | AU$0.58 | x |
| 2022-03-31 | AU$0.41 | AU$0.58 | x |
| 2023-03-31 | AU$0.57 | AU$0.58 | x |
| 2024-03-31 | AU$0.67 | AU$0.58 | x |
| 2025-03-31 | AU$0.77 | AU$0.58 | x |
| 2026-03-31 | AU$0.75 | AU$0.58 | 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): -0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.18%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.93x
- Recent ROE (-0.22%) is below the historical average (29.64%), 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$6.68 Million |
| 2026 | -0.22% | -0.18% | 0.31x | 3.93x | AU$-17.94 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: $154,632,239
- Average return on equity (ROE) among peers: -84.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OFX Group Ltd (OFX) | AU$175.51 Million | 69.66% | 2.93x | $95.10 Million |
| Australian Bond Exchange Holdings Ltd (ABE) | $8.32 Million | -60.49% | 0.43x | $1.40 Million |
| ALANDEQGRP FPO (AEG) | $5.49 Million | -9.77% | 0.03x | $41.58 Million |
| Asf Group Ltd (AFA) | $-27.24 Million | 0.00% | 0.00x | $35.32 Million |
| Bell Financial Group Ltd (BFG) | $165.64 Million | 16.47% | 2.21x | $323.40 Million |
| COG Financial Services Ltd (COG) | $189.66 Million | -13.91% | 1.51x | $212.78 Million |
| Computershare Ltd (CPU) | $1.09 Billion | 14.35% | 2.20x | $15.02 Billion |
| Equity Story Group Ltd (EQS) | $966.96K | -265.36% | 1.64x | $7.64 Million |
| Fatfish Group Ltd (FFG) | $405.75K | -346.16% | 0.10x | $7.69 Million |
| Finexia Financial Group Ltd (FNX) | $33.75 Million | -192.43% | 6.17x | $7.94 Million |
| HUB24 Ltd (HUB) | $74.82 Million | 11.00% | 0.31x | $4.26 Billion |
About 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. The company offers business accounts, payments and transfers, corporate cards, currency accounts, FX solutions, batch and payroll payments, spot transfers, forward contracts, control hub, spend management, accounts payable and bill payments servi… Read more