Seek Ltd (SEK) - Net Assets
Based on the latest financial reports, Seek Ltd (SEK) has net assets worth AU$2.38 Billion AUD (≈ $1.69 Billion 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$4.33 Billion ≈ $3.06 Billion USD) and total liabilities (AU$1.95 Billion ≈ $1.38 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 financial resilience of Seek Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.38 Billion |
| % of Total Assets | 55.03% |
| Annual Growth Rate | 28.37% |
| 5-Year Change | 40.68% |
| 10-Year Change | 47.94% |
| Growth Volatility | 51.45 |
Seek Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Seek Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Seek Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Seek Ltd (2001–2025)
The table below shows the annual net assets of Seek Ltd from 2001 to 2025. For live valuation and market cap data, see Seek Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.70 Billion ≈ $1.91 Billion |
+4.53% |
| 2024-06-30 | AU$2.58 Billion ≈ $1.83 Billion |
-3.52% |
| 2023-06-30 | AU$2.68 Billion ≈ $1.89 Billion |
+41.28% |
| 2022-06-30 | AU$1.89 Billion ≈ $1.34 Billion |
-1.27% |
| 2021-06-30 | AU$1.92 Billion ≈ $1.36 Billion |
+39.46% |
| 2020-06-30 | AU$1.38 Billion ≈ $973.47 Million |
-18.80% |
| 2019-06-30 | AU$1.69 Billion ≈ $1.20 Billion |
+4.27% |
| 2018-06-30 | AU$1.62 Billion ≈ $1.15 Billion |
-20.34% |
| 2017-06-30 | AU$2.04 Billion ≈ $1.44 Billion |
+11.80% |
| 2016-06-30 | AU$1.82 Billion ≈ $1.29 Billion |
+1.32% |
| 2015-06-30 | AU$1.80 Billion ≈ $1.27 Billion |
+22.63% |
| 2014-06-30 | AU$1.47 Billion ≈ $1.04 Billion |
+13.27% |
| 2013-06-30 | AU$1.30 Billion ≈ $917.41 Million |
+68.14% |
| 2012-06-30 | AU$771.13 Million ≈ $545.63 Million |
+77.65% |
| 2011-06-30 | AU$434.08 Million ≈ $307.14 Million |
+22.98% |
| 2010-06-30 | AU$352.96 Million ≈ $249.74 Million |
+22.28% |
| 2009-06-30 | AU$288.64 Million ≈ $204.23 Million |
+102.59% |
| 2008-06-30 | AU$142.48 Million ≈ $100.81 Million |
+35.19% |
| 2007-06-30 | AU$105.39 Million ≈ $74.57 Million |
+31.27% |
| 2006-06-30 | AU$80.28 Million ≈ $56.80 Million |
+52.62% |
| 2005-06-30 | AU$52.60 Million ≈ $37.22 Million |
+44.98% |
| 2004-06-30 | AU$36.28 Million ≈ $25.67 Million |
+217.96% |
| 2003-06-30 | AU$11.41 Million ≈ $8.07 Million |
+111.59% |
| 2002-06-30 | AU$5.39 Million ≈ $3.82 Million |
-19.85% |
| 2001-06-30 | AU$6.73 Million ≈ $4.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Seek 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 232170000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$2.32 Billion | 86.01% |
| Common Stock | AU$279.80 Million | 10.37% |
| Other Comprehensive Income | AU$97.80 Million | 3.62% |
| Total Equity | AU$2.70 Billion | 100.00% |
Seek Ltd Competitors by Market Cap
The table below lists competitors of Seek Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norte Grande
SN:NORTEGRAN
|
$3.50 Billion |
|
nLIGHT Inc
NASDAQ:LASR
|
$3.50 Billion |
|
SUNRISE N
SW:SUNN
|
$3.50 Billion |
|
Downer Edi Ltd
AU:DOW
|
$3.50 Billion |
|
CIE Automotive S.A.
MC:CIE
|
$3.50 Billion |
|
Godrej Industries Limited
NSE:GODREJIND
|
$3.49 Billion |
|
Jason Furniture(Hangzhou)
SHG:603816
|
$3.49 Billion |
|
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd
SHE:000766
|
$3.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seek Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,582,200,000 to 2,699,300,000, a change of 117,100,000 (4.5%).
- Net income of 245,200,000 contributed positively to equity growth.
- Dividend payments of 142,700,000 reduced retained earnings.
- Share repurchases of 3,100,000 reduced equity.
- New share issuances of 3,100,000 increased equity.
- Other comprehensive income increased equity by 10,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$245.20 Million | +9.08% |
| Dividends Paid | AU$142.70 Million | -5.29% |
| Share Repurchases | AU$3.10 Million | -0.11% |
| Share Issuances | AU$3.10 Million | +0.11% |
| Other Comprehensive Income | AU$10.90 Million | +0.4% |
| Other Changes | AU$3.70 Million | +0.14% |
| Total Change | AU$- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares Seek 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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 73.41x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.19 | AU$13.84 | x |
| 2006-06-30 | AU$0.28 | AU$13.84 | x |
| 2007-06-30 | AU$0.37 | AU$13.84 | x |
| 2008-06-30 | AU$0.49 | AU$13.84 | x |
| 2009-06-30 | AU$0.98 | AU$13.84 | x |
| 2010-06-30 | AU$1.05 | AU$13.84 | x |
| 2011-06-30 | AU$0.92 | AU$13.84 | x |
| 2012-06-30 | AU$1.18 | AU$13.84 | x |
| 2013-06-30 | AU$2.30 | AU$13.84 | x |
| 2014-06-30 | AU$2.62 | AU$13.84 | x |
| 2015-06-30 | AU$3.27 | AU$13.84 | x |
| 2016-06-30 | AU$3.90 | AU$13.84 | x |
| 2017-06-30 | AU$4.23 | AU$13.84 | x |
| 2018-06-30 | AU$3.77 | AU$13.84 | x |
| 2019-06-30 | AU$3.96 | AU$13.84 | x |
| 2020-06-30 | AU$3.05 | AU$13.84 | x |
| 2021-06-30 | AU$5.16 | AU$13.84 | x |
| 2022-06-30 | AU$5.08 | AU$13.84 | x |
| 2023-06-30 | AU$7.50 | AU$13.84 | x |
| 2024-06-30 | AU$7.25 | AU$13.84 | x |
| 2025-06-30 | AU$7.53 | AU$13.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seek 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): 9.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.35%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.77x
- Recent ROE (9.08%) is below the historical average (26.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 51.01% | 22.45% | 1.72x | 1.32x | AU$4.68 Million |
| 2004 | 38.13% | 33.86% | 0.94x | 1.20x | AU$10.21 Million |
| 2005 | 36.60% | 27.66% | 1.05x | 1.27x | AU$13.99 Million |
| 2006 | 42.55% | 32.15% | 1.04x | 1.27x | AU$26.13 Million |
| 2007 | 52.68% | 35.36% | 1.15x | 1.29x | AU$44.98 Million |
| 2008 | 53.54% | 36.30% | 1.00x | 1.47x | AU$62.03 Million |
| 2009 | 19.16% | 26.54% | 0.46x | 1.57x | AU$26.44 Million |
| 2010 | 25.36% | 31.89% | 0.55x | 1.46x | AU$54.23 Million |
| 2011 | 31.39% | 28.48% | 0.35x | 3.12x | AU$66.57 Million |
| 2012 | 32.96% | 29.77% | 0.32x | 3.48x | AU$91.73 Million |
| 2013 | 38.62% | 48.38% | 0.28x | 2.84x | AU$222.38 Million |
| 2014 | 21.68% | 27.42% | 0.32x | 2.47x | AU$105.36 Million |
| 2015 | 24.79% | 32.76% | 0.26x | 2.91x | AU$167.77 Million |
| 2016 | 26.35% | 37.57% | 0.29x | 2.42x | AU$221.58 Million |
| 2017 | 22.98% | 32.83% | 0.28x | 2.49x | AU$192.13 Million |
| 2018 | 4.01% | 4.11% | 0.34x | 2.85x | AU$-79.60 Million |
| 2019 | 12.89% | 11.58% | 0.37x | 3.04x | AU$40.38 Million |
| 2020 | -10.52% | -17.38% | 0.15x | 4.03x | AU$-220.58 Million |
| 2021 | 41.01% | 98.93% | 0.17x | 2.51x | AU$568.77 Million |
| 2022 | 9.34% | 15.12% | 0.24x | 2.61x | AU$-11.91 Million |
| 2023 | 39.08% | 85.33% | 0.23x | 1.95x | AU$778.03 Million |
| 2024 | -3.91% | -9.31% | 0.23x | 1.84x | AU$-359.12 Million |
| 2025 | 9.08% | 22.35% | 0.23x | 1.77x | AU$-24.73 Million |
Industry Comparison
This section compares Seek Ltd's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $136,186,095
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seek Ltd (SEK) | AU$2.38 Billion | 51.01% | 0.82x | $3.50 Billion |
| Airtasker Ltd (ART) | $44.17 Million | -21.98% | 0.30x | $86.21 Million |
| CAR Group Ltd (CAR) | $187.38 Million | 50.94% | 1.16x | $6.76 Billion |
| Camplify Holdings Ltd (CHL) | $41.29 Million | -38.37% | 0.87x | $11.93 Million |
| Domain Holdings Australia Ltd (DHG) | $906.05 Million | -25.08% | 0.41x | $1.98 Billion |
| Frontier Digital Ventures Ltd (FDV) | $61.52 Million | -4.12% | 0.03x | $117.16 Million |
| Freelancer Ltd (FLN) | $29.16 Million | -2.21% | 2.56x | $46.26 Million |
| Love Group Global Ltd (LVE) | $51.84K | 75.66% | 15.09x | $3.30 Million |
| REA Group Ltd (REA) | $71.20 Million | 11.55% | 0.32x | $15.92 Billion |
| Rma Global Ltd (RMY) | $10.11 Million | -24.78% | 0.22x | $18.33 Million |
| Rent.com.Au Ltd (RNT) | $10.92 Million | -5.95% | 0.01x | $53.34 Million |
About Seek Ltd
SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia, New Zealand, Southeast Asia, Hong Kong, the United Kingdom, Europe, and internationally. The company offers job advertisements under the SEEK, Jobstreet, and Jobsdb brands; and ad enhancements with hiring requirement features, such as branding and immediate start badge. It also provides tal… Read more