Plenti Group Ltd (PLT) - Net Assets
Based on the latest financial reports, Plenti Group Ltd (PLT) has net assets worth AU$52.67 Million AUD (≈ $37.27 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.91 Billion ≈ $2.06 Billion USD) and total liabilities (AU$2.86 Billion ≈ $2.02 Billion 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 PLT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$52.67 Million |
| % of Total Assets | 1.81% |
| Annual Growth Rate | 34.23% |
| 5-Year Change | -7.39% |
| 10-Year Change | N/A |
| Growth Volatility | 80.34 |
Plenti Group Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Plenti Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Plenti Group Ltd for the complete picture of this company's asset base.
Annual Net Assets for Plenti Group Ltd (2017–2024)
The table below shows the annual net assets of Plenti Group Ltd from 2017 to 2024. For live valuation and market cap data, see Plenti Group Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$42.55 Million ≈ $30.11 Million |
+61.66% |
| 2023-12-31 | AU$26.32 Million ≈ $18.62 Million |
-41.56% |
| 2022-12-31 | AU$45.04 Million ≈ $31.87 Million |
-14.50% |
| 2021-12-31 | AU$52.67 Million ≈ $37.27 Million |
+14.65% |
| 2020-12-31 | AU$45.95 Million ≈ $32.51 Million |
+812.10% |
| 2019-12-31 | AU$-6.45 Million ≈ $-4.57 Million |
-169.86% |
| 2018-12-31 | AU$9.23 Million ≈ $6.53 Million |
+70.48% |
| 2017-12-31 | AU$5.42 Million ≈ $3.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Plenti 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 decreased by 5443400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$112.00 Million | 263.23% |
| Other Comprehensive Income | AU$5.67 Million | 13.32% |
| Total Equity | AU$42.55 Million | 100.00% |
Plenti Group Ltd Competitors by Market Cap
The table below lists competitors of Plenti Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Traeger Inc
NYSE:COOK
|
$117.97 Million |
|
Wellspire Holdings Berhad
KLSE:0271
|
$118.00 Million |
|
Atturra Ltd
AU:ATA
|
$118.01 Million |
|
TTEC Holdings Inc
NASDAQ:TTEC
|
$118.01 Million |
|
Brisbane Broncos Ltd
AU:BBL
|
$117.93 Million |
|
Iljin Power Co. Ltd
KQ:094820
|
$117.88 Million |
|
GoPro Inc
NASDAQ:GPRO
|
$117.86 Million |
|
Codes Combine Co. Ltd
KQ:047770
|
$117.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plenti Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,320,000 to 42,548,000, a change of 16,228,000 (61.7%).
- Net income of 24,757,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 9,765,000.
- Other factors increased equity by 1,236,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$24.76 Million | +58.19% |
| Other Comprehensive Income | AU$-9.77 Million | -22.95% |
| Other Changes | AU$1.24 Million | +2.9% |
| Total Change | AU$- | 61.66% |
Book Value vs Market Value Analysis
This analysis compares Plenti 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: 4.04x
- 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 28.52x to 4.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.03 | AU$0.92 | x |
| 2018-12-31 | AU$0.05 | AU$0.92 | x |
| 2019-12-31 | AU$-0.04 | AU$0.92 | x |
| 2020-12-31 | AU$0.31 | AU$0.92 | x |
| 2021-12-31 | AU$0.31 | AU$0.92 | x |
| 2022-12-31 | AU$0.26 | AU$0.92 | x |
| 2023-12-31 | AU$0.15 | AU$0.92 | x |
| 2024-12-31 | AU$0.23 | AU$0.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plenti Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 58.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.71%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 62.45x
- Recent ROE (58.19%) is above the historical average (-48.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -159.04% | -53.35% | 0.10x | 29.89x | AU$-9.16 Million |
| 2018 | -153.75% | -49.21% | 0.10x | 30.15x | AU$-15.12 Million |
| 2019 | 0.00% | -54.04% | 0.07x | 0.00x | AU$-15.59 Million |
| 2020 | -32.85% | -29.26% | 0.07x | 15.00x | AU$-19.69 Million |
| 2021 | -11.99% | -7.14% | 0.06x | 27.89x | AU$-11.58 Million |
| 2022 | -30.15% | -9.47% | 0.08x | 42.41x | AU$-18.08 Million |
| 2023 | -55.88% | -6.97% | 0.09x | 85.81x | AU$-17.34 Million |
| 2024 | 58.19% | 10.71% | 0.09x | 62.45x | AU$20.50 Million |
Industry Comparison
This section compares Plenti Group Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $265,064,902
- Average return on equity (ROE) among peers: -65.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plenti Group Ltd (PLT) | AU$52.67 Million | -159.04% | 54.21x | $117.97 Million |
| Butn Ltd (BTN) | $-907.04K | 0.00% | 0.00x | $7.26 Million |
| Credit Corp Group Ltd (CCP) | $463.60 Million | 15.16% | 0.40x | $516.29 Million |
| Earlypay Ltd (EPY) | $44.80 Million | 18.75% | 4.61x | $27.49 Million |
| FSA Group Ltd (FSA) | $101.30 Million | 12.83% | 6.12x | $103.52 Million |
| Harmoney Corp Ltd (HMY) | $53.76 Million | -14.10% | 13.67x | $58.17 Million |
| Humm Group Ltd (HUM) | $384.95 Million | 14.96% | 3.25x | $206.99 Million |
| Lawfinance Ltd (LAW) | $879.18K | -694.56% | 1.12x | $225.95K |
| Liberty Financial Group (LFG) | $87.53 Million | 6.58% | 31.94x | $726.08 Million |
| Latitude Group Holdings Ltd (LFS) | $1.47 Billion | 2.56% | 4.37x | $673.14 Million |
| Moneyme Ltd (MME) | $40.24 Million | -19.71% | 7.60x | $48.86 Million |
About Plenti Group Ltd
Plenti Group Limited engages in the fintech lending and investment business in Australia. The company personal, car, debt consolidation, holiday, EV, green, wedding, motorcycle, caravan, dental, funeral, education, jet ski, moving costs, secured car, unsecured personal, and car repair loans, as well renewable energy loans. It also provides auto refinancing; and invest in fixed income, green incom… Read more