Service Stream Ltd (SSM) - Net Assets

Latest as of June 2025: AU$512.57 Million AUD ≈ $362.68 Million USD

Based on the latest financial reports, Service Stream Ltd (SSM) has net assets worth AU$512.57 Million AUD (≈ $362.68 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.05 Billion ≈ $740.07 Million USD) and total liabilities (AU$533.37 Million ≈ $377.40 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 asset resilience ratio of Service Stream Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$512.57 Million
% of Total Assets 49.01%
Annual Growth Rate 22.97%
5-Year Change 58.53%
10-Year Change 176.54%
Growth Volatility 131.27

Service Stream Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Service Stream Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SSM total asset value for the complete picture of this company's asset base.

Annual Net Assets for Service Stream Ltd (2001–2025)

The table below shows the annual net assets of Service Stream Ltd from 2001 to 2025. For live valuation and market cap data, see market value of Service Stream Ltd.

Year Net Assets Change
2025-06-30 AU$512.57 Million
≈ $362.68 Million		 +6.72%
2024-06-30 AU$480.29 Million
≈ $339.83 Million		 +3.21%
2023-06-30 AU$465.36 Million
≈ $329.27 Million		 -0.58%
2022-06-30 AU$468.10 Million
≈ $331.21 Million		 +44.77%
2021-06-30 AU$323.33 Million
≈ $228.78 Million		 +0.48%
2020-06-30 AU$321.80 Million
≈ $227.69 Million		 +4.56%
2019-06-30 AU$307.76 Million
≈ $217.76 Million		 +48.75%
2018-06-30 AU$206.89 Million
≈ $146.39 Million		 +0.28%
2017-06-30 AU$206.32 Million
≈ $145.98 Million		 +11.31%
2016-06-30 AU$185.35 Million
≈ $131.15 Million		 -2.10%
2015-06-30 AU$189.32 Million
≈ $133.96 Million		 +5.39%
2014-06-30 AU$179.63 Million
≈ $127.10 Million		 +13.88%
2013-06-30 AU$157.73 Million
≈ $111.61 Million		 -41.72%
2012-06-30 AU$270.67 Million
≈ $191.51 Million		 +6.51%
2011-06-30 AU$254.13 Million
≈ $179.82 Million		 +7.72%
2010-06-30 AU$235.92 Million
≈ $166.93 Million		 +16.17%
2009-06-30 AU$203.08 Million
≈ $143.69 Million		 +2.87%
2008-06-30 AU$197.41 Million
≈ $139.68 Million		 +41.70%
2007-06-30 AU$139.31 Million
≈ $98.57 Million		 +650.01%
2006-06-30 AU$18.57 Million
≈ $13.14 Million		 -4.34%
2005-06-30 AU$19.42 Million
≈ $13.74 Million		 +114.44%
2004-06-30 AU$9.05 Million
≈ $6.41 Million		 -31.82%
2003-06-30 AU$13.28 Million
≈ $9.40 Million		 +87.43%
2002-06-30 AU$7.09 Million
≈ $5.01 Million		 +97.71%
2001-06-30 AU$3.58 Million
≈ $2.54 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Service Stream 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 403.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$18.05 Million 3.52%
Common Stock AU$493.46 Million 96.27%
Other Comprehensive Income AU$1.06 Million 0.21%
Total Equity AU$512.57 Million 100.00%

Service Stream Ltd Competitors by Market Cap

The table below lists competitors of Service Stream Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen JT Automation Equipment Co Ltd
SHE:300400
 $888.30 Million
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
 $888.35 Million
Shenzhen Xunjiexing Technology Corp. Ltd.
SHG:688655
 $888.71 Million
Ncs Testing Technology Co Ltd
SHE:300797
 $888.80 Million
Amtran Technology Co Ltd
TW:2489
 $887.89 Million
Acrel Co LTD
SHE:300286
 $887.35 Million
Cogent Communications Group Inc
NASDAQ:CCOI
 $887.13 Million
Corticeira Amorim
LS:COR
 $887.11 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 480,288,000 to 512,572,000, a change of 32,284,000 (6.7%).
  • Net income of 59,184,000 contributed positively to equity growth.
  • Dividend payments of 30,665,000 reduced retained earnings.
  • Share repurchases of 5,961,000 reduced equity.
  • Other comprehensive income increased equity by 6,647,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$59.18 Million +11.55%
Dividends Paid AU$30.66 Million -5.98%
Share Repurchases AU$5.96 Million -1.16%
Other Comprehensive Income AU$6.65 Million +1.3%
Other Changes AU$3.08 Million +0.6%
Total Change AU$- 6.72%

Book Value vs Market Value Analysis

This analysis compares Service Stream 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: 2.48x
  • 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 62.32x to 2.48x 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$0.03 AU$2.03 x
2006-06-30 AU$0.03 AU$2.03 x
2007-06-30 AU$0.23 AU$2.03 x
2008-06-30 AU$0.33 AU$2.03 x
2009-06-30 AU$0.34 AU$2.03 x
2010-06-30 AU$0.40 AU$2.03 x
2011-06-30 AU$0.43 AU$2.03 x
2012-06-30 AU$0.45 AU$2.03 x
2013-06-30 AU$0.26 AU$2.03 x
2014-06-30 AU$0.30 AU$2.03 x
2015-06-30 AU$0.32 AU$2.03 x
2016-06-30 AU$0.31 AU$2.03 x
2017-06-30 AU$0.35 AU$2.03 x
2018-06-30 AU$0.35 AU$2.03 x
2019-06-30 AU$0.52 AU$2.03 x
2020-06-30 AU$0.54 AU$2.03 x
2021-06-30 AU$0.54 AU$2.03 x
2022-06-30 AU$0.79 AU$2.03 x
2023-06-30 AU$0.74 AU$2.03 x
2024-06-30 AU$0.76 AU$2.03 x
2025-06-30 AU$0.82 AU$2.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Service Stream 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): 11.55%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.54%
  • • Asset Turnover: 2.22x
  • • Equity Multiplier: 2.04x
  • Recent ROE (11.55%) is below the historical average (18.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 51.98% 4.78% 3.80x 2.86x AU$1.50 Million
2002 55.45% 12.03% 2.42x 1.91x AU$3.22 Million
2003 52.10% 12.11% 2.67x 1.61x AU$5.59 Million
2004 76.60% 10.35% 3.86x 1.92x AU$6.03 Million
2005 74.30% 15.41% 2.32x 2.08x AU$12.49 Million
2006 75.72% 18.25% 1.79x 2.32x AU$12.21 Million
2007 8.06% 4.58% 0.97x 1.82x AU$-2.70 Million
2008 9.17% 4.02% 1.18x 1.93x AU$-1.65 Million
2009 5.47% 1.99% 1.43x 1.91x AU$-9.19 Million
2010 -1.08% -0.49% 1.42x 1.55x AU$-26.15 Million
2011 6.47% 2.60% 1.58x 1.58x AU$-8.96 Million
2012 6.91% 3.16% 1.37x 1.60x AU$-8.35 Million
2013 -67.87% -20.33% 1.62x 2.06x AU$-122.83 Million
2014 1.29% 0.59% 1.51x 1.43x AU$-15.65 Million
2015 6.19% 2.85% 1.54x 1.41x AU$-7.21 Million
2016 10.78% 4.56% 1.57x 1.50x AU$1.45 Million
2017 13.75% 5.66% 1.51x 1.61x AU$7.74 Million
2018 19.87% 6.53% 1.76x 1.73x AU$20.42 Million
2019 16.20% 5.86% 1.39x 1.99x AU$19.08 Million
2020 15.32% 5.31% 1.58x 1.83x AU$17.14 Million
2021 9.05% 3.65% 1.47x 1.69x AU$-3.06 Million
2022 -7.76% -2.40% 1.44x 2.24x AU$-83.13 Million
2023 0.96% 0.22% 1.88x 2.34x AU$-42.07 Million
2024 6.72% 1.41% 2.18x 2.18x AU$-15.73 Million
2025 11.55% 2.54% 2.22x 2.04x AU$7.93 Million

Industry Comparison

This section compares Service Stream Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $62,161,937
  • Average return on equity (ROE) among peers: 38.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Service Stream Ltd (SSM) AU$512.57 Million 51.98% 1.04x $888.25 Million
Acrow Ltd (ACF) $61.49 Million 6.45% 1.59x $185.18 Million
BSA Ltd (BSA) $58.84 Million 13.13% 0.96x $16.25 Million
Civmec Ltd (CVL) $110.18 Million 28.25% 0.75x $564.33 Million
Dynamic Group Holdings Ltd (DDB) $426.96K 357.47% 11.27x $28.36 Million
Downer Edi Ltd (DOW) $240.74 Million 2.97% 2.32x $3.63 Billion
Duratec Ltd (DUR) $14.95 Million 87.04% 4.38x $487.13 Million
EVZ Ltd (EVZ) $1.88 Million -51.28% 0.63x $36.54 Million
Fleetwood Ltd (FWD) $2.00 Million -104.09% 3.16x $108.09 Million
Genusplus Group Ltd (GNP) $57.71 Million 23.13% 1.70x $1.22 Billion
Johns LYNG Group Ltd (JLG) $73.41 Million 25.28% 2.38x $806.21 Million

About Service Stream Ltd

AU:SSM Australia Engineering & Construction
Market Cap
$888.25 Million
AU$1.26 Billion AUD
Market Cap Rank
#9679 Global
#237 in Australia
Share Price
AU$2.03
Change (1 day)
+0.50%
52-Week Range
AU$1.82 - AU$2.38
All Time High
AU$2.55
Categories
Companies in Australia Engineering & Construction
About

Service Stream Limited engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners o… Read more