Retail Food Group Ltd (RFG) - Net Assets
Based on the latest financial reports, Retail Food Group Ltd (RFG) has net assets worth AU$196.93 Million AUD (≈ $139.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$352.38 Million ≈ $249.33 Million USD) and total liabilities (AU$155.46 Million ≈ $109.99 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 Retail Food Group Ltd (RFG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$196.93 Million |
| % of Total Assets | 55.88% |
| Annual Growth Rate | 8.08% |
| 5-Year Change | 9.63% |
| 10-Year Change | -48.16% |
| Growth Volatility | 47.28 |
Retail Food Group Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Retail Food Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Retail Food Group Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Retail Food Group Ltd (2004–2025)
The table below shows the annual net assets of Retail Food Group Ltd from 2004 to 2025. For live valuation and market cap data, see Retail Food Group Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$194.98 Million ≈ $137.96 Million |
-6.26% |
| 2024-06-30 | AU$208.01 Million ≈ $147.18 Million |
+4.15% |
| 2023-06-30 | AU$199.71 Million ≈ $141.31 Million |
+8.67% |
| 2022-06-30 | AU$183.78 Million ≈ $130.03 Million |
+3.33% |
| 2021-06-30 | AU$177.86 Million ≈ $125.84 Million |
+1.01% |
| 2020-06-30 | AU$176.09 Million ≈ $124.59 Million |
+2806.50% |
| 2019-06-30 | AU$-6.51 Million ≈ $-4.60 Million |
-104.12% |
| 2018-06-30 | AU$158.04 Million ≈ $111.82 Million |
-66.03% |
| 2017-06-30 | AU$465.17 Million ≈ $329.14 Million |
+23.68% |
| 2016-06-30 | AU$376.12 Million ≈ $266.13 Million |
-6.85% |
| 2015-06-30 | AU$403.78 Million ≈ $285.70 Million |
+30.23% |
| 2014-06-30 | AU$310.04 Million ≈ $219.38 Million |
+28.94% |
| 2013-06-30 | AU$240.46 Million ≈ $170.14 Million |
+41.71% |
| 2012-06-30 | AU$169.68 Million ≈ $120.06 Million |
+8.18% |
| 2011-06-30 | AU$156.85 Million ≈ $110.98 Million |
+13.00% |
| 2010-06-30 | AU$138.81 Million ≈ $98.21 Million |
+29.70% |
| 2009-06-30 | AU$107.02 Million ≈ $75.72 Million |
+13.08% |
| 2008-06-30 | AU$94.64 Million ≈ $66.96 Million |
+157.49% |
| 2007-06-30 | AU$36.75 Million ≈ $26.01 Million |
+22.53% |
| 2006-06-30 | AU$30.00 Million ≈ $21.22 Million |
-14.82% |
| 2005-06-30 | AU$35.21 Million ≈ $24.92 Million |
-7.58% |
| 2004-06-30 | AU$38.10 Million ≈ $26.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Retail Food 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 20086.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$644.02 Million | 330.31% |
| Other Comprehensive Income | AU$3.65 Million | 1.87% |
| Total Equity | AU$194.98 Million | 100.00% |
Retail Food Group Ltd Competitors by Market Cap
The table below lists competitors of Retail Food Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
F:BLH
|
$39.55 Million |
|
Saeron Auto
KO:075180
|
$39.56 Million |
|
Elastron S.A. - Steel Service Centers
AT:ELSTR
|
$39.56 Million |
|
Phenom Resources Corp
V:PHNM
|
$39.56 Million |
|
BG Staffing Inc
NYSE:BGSF
|
$39.55 Million |
|
Zhong An Group Limited
F:35Z
|
$39.53 Million |
|
Matahari Putra Prima Tbk
JK:MPPA
|
$39.51 Million |
|
GBK Beteiligungen AG
HM:GBQ
|
$39.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Retail Food Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 208,007,000 to 194,976,000, a change of -13,031,000 (-6.3%).
- Net loss of 14,921,000 reduced equity.
- Other comprehensive income increased equity by 561,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-14.92 Million | -7.65% |
| Other Comprehensive Income | AU$561.00K | +0.29% |
| Other Changes | AU$1.33 Million | +0.68% |
| Total Change | AU$- | -6.26% |
Book Value vs Market Value Analysis
This analysis compares Retail Food 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: 0.28x
- 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 2.05x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.43 | AU$0.89 | x |
| 2007-06-30 | AU$0.51 | AU$0.89 | x |
| 2008-06-30 | AU$1.06 | AU$0.89 | x |
| 2009-06-30 | AU$1.07 | AU$0.89 | x |
| 2010-06-30 | AU$1.33 | AU$0.89 | x |
| 2011-06-30 | AU$1.45 | AU$0.89 | x |
| 2012-06-30 | AU$1.56 | AU$0.89 | x |
| 2013-06-30 | AU$1.95 | AU$0.89 | x |
| 2014-06-30 | AU$2.23 | AU$0.89 | x |
| 2015-06-30 | AU$2.61 | AU$0.89 | x |
| 2016-06-30 | AU$2.29 | AU$0.89 | x |
| 2017-06-30 | AU$2.68 | AU$0.89 | x |
| 2018-06-30 | AU$0.87 | AU$0.89 | x |
| 2019-06-30 | AU$-0.04 | AU$0.89 | x |
| 2020-06-30 | AU$0.13 | AU$0.89 | x |
| 2021-06-30 | AU$0.08 | AU$0.89 | x |
| 2022-06-30 | AU$0.09 | AU$0.89 | x |
| 2023-06-30 | AU$0.09 | AU$0.89 | x |
| 2024-06-30 | AU$0.08 | AU$0.89 | x |
| 2025-06-30 | AU$3.12 | AU$0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Retail Food Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.82%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.85x
- Recent ROE (-7.65%) is below the historical average (1.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.52% | 58.37% | 0.12x | 1.38x | AU$-170.40K |
| 2006 | 19.79% | 23.02% | 0.51x | 1.69x | AU$2.94 Million |
| 2007 | 20.46% | 25.55% | 0.38x | 2.11x | AU$3.84 Million |
| 2008 | 18.63% | 14.25% | 0.54x | 2.42x | AU$8.17 Million |
| 2009 | 21.98% | 16.51% | 0.64x | 2.08x | AU$12.82 Million |
| 2010 | 18.75% | 19.44% | 0.55x | 1.75x | AU$12.14 Million |
| 2011 | 17.36% | 21.73% | 0.49x | 1.64x | AU$11.54 Million |
| 2012 | 16.82% | 24.58% | 0.39x | 1.75x | AU$11.58 Million |
| 2013 | 13.31% | 22.75% | 0.38x | 1.54x | AU$7.96 Million |
| 2014 | 11.89% | 21.92% | 0.42x | 1.28x | AU$5.86 Million |
| 2015 | 8.47% | 28.33% | 0.18x | 1.68x | AU$-6.16 Million |
| 2016 | 16.30% | 37.19% | 0.22x | 2.00x | AU$23.69 Million |
| 2017 | 13.31% | 25.19% | 0.26x | 2.00x | AU$15.41 Million |
| 2018 | -164.21% | -134.45% | 0.32x | 3.83x | AU$-275.32 Million |
| 2019 | 0.00% | -34.99% | 0.60x | 0.00x | AU$-92.72 Million |
| 2020 | -2.27% | -3.16% | 0.29x | 2.48x | AU$-21.60 Million |
| 2021 | 0.82% | 1.34% | 0.30x | 2.08x | AU$-16.32 Million |
| 2022 | 2.86% | 5.13% | 0.29x | 1.90x | AU$-13.12 Million |
| 2023 | -4.48% | -8.03% | 0.32x | 1.75x | AU$-28.92 Million |
| 2024 | 2.78% | 4.63% | 0.34x | 1.77x | AU$-15.01 Million |
| 2025 | -7.65% | -10.82% | 0.38x | 1.85x | AU$-34.42 Million |
Industry Comparison
This section compares Retail Food Group Ltd's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $169,194,333
- Average return on equity (ROE) among peers: 13.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Retail Food Group Ltd (RFG) | AU$196.93 Million | 9.52% | 0.79x | $39.55 Million |
| Collins Foods Ltd (CKF) | $426.44 Million | 17.99% | 2.33x | $699.64 Million |
| Dominos PIZZA Enterprises Ltd (DMP) | $56.44 Million | 23.11% | 0.88x | $1.09 Billion |
| Olivers Real Food Ltd (OLI) | $24.70 Million | 0.00% | 0.18x | $2.68 Million |
About Retail Food Group Ltd
Retail Food Group Limited, a food and beverage company, engages in the management of a multi-brand retail food and beverage franchise in Australia and internationally. It operates in Café, Coffee, Bakery; and Quick Service Restaurants (QSR) segments. The company is involved in the ownership of intellectual properties; the development and management of coffee roasting, pie, and baked product manuf… Read more