SG Fleet Group Ltd (SGF) - Net Assets

Latest as of December 2024: AU$538.57 Million AUD ≈ $381.07 Million USD

Based on the latest financial reports, SG Fleet Group Ltd (SGF) has net assets worth AU$538.57 Million AUD (≈ $381.07 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.45 Billion ≈ $2.44 Billion USD) and total liabilities (AU$2.91 Billion ≈ $2.06 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 asset resilience ratio of SG Fleet Group Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$538.57 Million
% of Total Assets	15.62%
Annual Growth Rate	13.9%
5-Year Change	118.59%
10-Year Change	295.44%
Growth Volatility	17.79

SG Fleet Group Ltd - Net Assets Trend (2011–2024)

This chart illustrates how SG Fleet Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SG Fleet Group Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for SG Fleet Group Ltd (2011–2024)

The table below shows the annual net assets of SG Fleet Group Ltd from 2011 to 2024. For live valuation and market cap data, see how much is SG Fleet Group Ltd worth.

Year	Net Assets	Change
2024-06-30	AU$590.72 Million ≈ $417.97 Million	+2.94%
2023-06-30	AU$573.87 Million ≈ $406.05 Million	+5.12%
2022-06-30	AU$545.94 Million ≈ $386.29 Million	+44.36%
2021-06-30	AU$378.19 Million ≈ $267.59 Million	+39.94%
2020-06-30	AU$270.24 Million ≈ $191.21 Million	-3.20%
2019-06-30	AU$279.17 Million ≈ $197.53 Million	+11.46%
2018-06-30	AU$250.47 Million ≈ $177.22 Million	+10.44%
2017-06-30	AU$226.79 Million ≈ $160.47 Million	+12.70%
2016-06-30	AU$201.22 Million ≈ $142.38 Million	+34.70%
2015-06-30	AU$149.38 Million ≈ $105.70 Million	+15.79%
2014-06-30	AU$129.02 Million ≈ $91.29 Million	+2.76%
2013-06-30	AU$125.55 Million ≈ $88.84 Million	+37.63%
2012-06-30	AU$91.22 Million ≈ $64.55 Million	-16.10%
2011-06-30	AU$108.72 Million ≈ $76.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SG Fleet 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 271.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2024)

Component	Amount	Percentage
Retained Earnings	AU$192.30 Million	32.55%
Common Stock	AU$503.89 Million	85.30%
Other Comprehensive Income	AU$-105.47 Million	-17.86%
Total Equity	AU$590.72 Million	100.00%

SG Fleet Group Ltd Competitors by Market Cap

The table below lists competitors of SG Fleet Group Ltd ranked by their market capitalization.

Company	Market Cap
Zhejiang Jiaao Enprotech SHG:603822	$865.41 Million
Asseco South Eastern Europe S.A. WAR:ASE	$865.49 Million
Sats ASA OL:SATS	$865.75 Million
Suzhou Etron Technologies Co Ltd SHG:603380	$865.85 Million
Sunyard System Engineering Co Ltd SHG:600571	$865.25 Million
Harim Holdings Co. Ltd KQ:003380	$864.77 Million
Phu Nhuan Jewelry JSC VN:PNJ	$864.02 Million
Jenkem Technology Co Ltd SHG:688356	$863.99 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SG Fleet Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 573,868,000 to 590,715,000, a change of 16,847,000 (2.9%).
Net income of 89,661,000 contributed positively to equity growth.
Dividend payments of 57,676,000 reduced retained earnings.
Share repurchases of 8,774,000 reduced equity.
Other comprehensive income decreased equity by 21,814,000.
Other factors increased equity by 15,450,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$89.66 Million	+15.18%
Dividends Paid	AU$57.68 Million	-9.76%
Share Repurchases	AU$8.77 Million	-1.49%
Other Comprehensive Income	AU$-21.81 Million	-3.69%
Other Changes	AU$15.45 Million	+2.62%
Total Change	AU$-	2.94%

Book Value vs Market Value Analysis

This analysis compares SG Fleet 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: 2.04x
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 7.84x to 2.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-06-30	AU$0.45	AU$3.49	x
2012-06-30	AU$0.37	AU$3.49	x
2013-06-30	AU$0.48	AU$3.49	x
2014-06-30	AU$0.50	AU$3.49	x
2015-06-30	AU$0.62	AU$3.49	x
2016-06-30	AU$0.80	AU$3.49	x
2017-06-30	AU$0.87	AU$3.49	x
2018-06-30	AU$0.96	AU$3.49	x
2019-06-30	AU$1.06	AU$3.49	x
2020-06-30	AU$1.02	AU$3.49	x
2021-06-30	AU$1.40	AU$3.49	x
2022-06-30	AU$1.62	AU$3.49	x
2023-06-30	AU$1.67	AU$3.49	x
2024-06-30	AU$1.71	AU$3.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SG Fleet 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): 15.18%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.15%
• Asset Turnover: 0.22x
• Equity Multiplier: 5.66x
Recent ROE (15.18%) is below the historical average (19.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	17.08%	17.13%	0.41x	2.43x	AU$7.70 Million
2012	25.87%	19.27%	0.40x	3.33x	AU$14.48 Million
2013	26.68%	21.34%	0.49x	2.54x	AU$20.94 Million
2014	12.11%	29.24%	0.19x	2.15x	AU$2.72 Million
2015	27.10%	23.62%	0.55x	2.08x	AU$25.54 Million
2016	23.35%	22.16%	0.41x	2.58x	AU$26.85 Million
2017	26.28%	20.32%	0.44x	2.93x	AU$36.91 Million
2018	27.02%	13.14%	0.75x	2.75x	AU$42.63 Million
2019	21.66%	11.86%	0.75x	2.44x	AU$32.55 Million
2020	13.59%	8.98%	0.60x	2.52x	AU$9.71 Million
2021	11.56%	10.03%	0.52x	2.20x	AU$5.89 Million
2022	11.12%	9.48%	0.24x	4.79x	AU$6.14 Million
2023	13.11%	10.49%	0.25x	4.94x	AU$17.86 Million
2024	15.18%	12.15%	0.22x	5.66x	AU$30.59 Million

Industry Comparison

This section compares SG Fleet Group Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

Industry: Rental & Leasing Services
Average net assets among peers: $176,885,999
Average return on equity (ROE) among peers: 5.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SG Fleet Group Ltd (SGF)	AU$538.57 Million	17.08%	5.40x	$865.28 Million
Aquirian Ltd (AQN)	$11.27 Million	-5.76%	1.96x	$35.62 Million
Babylon Pump & Power Ltd (BPP)	$-471.19K	0.00%	0.00x	$6.96 Million
Ordinary Fully Paid Deferred Settlement (BPPDD)	$15.23 Million	5.17%	1.43x	$718.57
CL8 Holdings Ltd (CL8)	$-127.43K	0.00%	0.00x	$2.47 Million
Emeco Holdings Ltd (EHL)	$531.41 Million	3.89%	1.00x	$405.30 Million
Fleetpartners Group Ltd (FPR)	$635.68 Million	12.75%	2.54x	$360.63 Million
SIV Capital Ltd (SIV)	$45.22 Million	19.88%	2.14x	$5.03 Million

About SG Fleet Group Ltd

AU:SGF Australia Rental & Leasing Services

Market Cap

$865.28 Million

AU$1.22 Billion AUD

Market Cap Rank

#9782 Global

#244 in Australia

Share Price

AU$3.49

Change (1 day)

+0.00%

52-Week Range

AU$3.49 - AU$3.49

All Time High

AU$3.50