Tasfoods Ltd
TasFoods Limited engages in the processing, manufacture, and sale of Tasmanian-made food products in Australia. It operates through Dairy, Poultry, and Shared Services segments. The company offers poultry meat products under the Nichols Poultry and Nichols Kitchen brands. It also provides fresh milk, cheese, cream, and butter products under the Pyengana Dairy, Meander Valley Dairy, and Betta Milk… Read more
Tasfoods Ltd (TFL) - Net Assets
Latest net assets as of June 2025: AU$3.57 Million AUD
Based on the latest financial reports, Tasfoods Ltd (TFL) has net assets worth AU$3.57 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$22.46 Million) and total liabilities (AU$18.89 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$3.57 Million |
| % of Total Assets | 15.89% |
| Annual Growth Rate | 1.58% |
| 5-Year Change | -81.85% |
| 10-Year Change | 28.29% |
| Growth Volatility | 6700.2 |
Tasfoods Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Tasfoods Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tasfoods Ltd (1998–2024)
The table below shows the annual net assets of Tasfoods Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$7.12 Million | -59.48% |
| 2023-12-31 | AU$17.57 Million | -4.12% |
| 2022-12-31 | AU$18.33 Million | -35.90% |
| 2021-12-31 | AU$28.60 Million | -27.12% |
| 2020-12-31 | AU$39.24 Million | +1.99% |
| 2019-12-31 | AU$38.48 Million | +12.29% |
| 2018-12-31 | AU$34.27 Million | +8.28% |
| 2017-12-31 | AU$31.65 Million | -9.77% |
| 2016-12-31 | AU$35.07 Million | +531.89% |
| 2015-12-31 | AU$5.55 Million | -90.32% |
| 2014-12-31 | AU$57.36 Million | +25.57% |
| 2013-12-31 | AU$45.68 Million | +10.68% |
| 2012-12-31 | AU$41.27 Million | +2.54% |
| 2011-12-31 | AU$40.25 Million | +10.63% |
| 2010-12-31 | AU$36.38 Million | -0.37% |
| 2009-12-31 | AU$36.52 Million | +10.04% |
| 2008-12-31 | AU$33.19 Million | +18.70% |
| 2007-12-31 | AU$27.96 Million | +15.37% |
| 2006-12-31 | AU$24.23 Million | +53.99% |
| 2005-12-31 | AU$15.74 Million | +344.68% |
| 2004-12-31 | AU$3.54 Million | +34857.66% |
| 2003-12-31 | AU$10.12K | -85.48% |
| 2002-12-31 | AU$69.70K | -89.69% |
| 2001-12-31 | AU$676.21K | -82.07% |
| 2000-12-31 | AU$3.77 Million | -52.86% |
| 1999-12-31 | AU$8.00 Million | +68.76% |
| 1998-12-31 | AU$4.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tasfoods 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 6086056400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$66.83 Million | 938.55% |
| Other Comprehensive Income | AU$1.35 Million | 19.00% |
| Total Equity | AU$7.12 Million | 100.00% |
Tasfoods Ltd Competitors by Market Cap
The table below lists competitors of Tasfoods Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DZS Inc
NASDAQ:DZSI
|
$810.70K |
|
Nexity Global SA
WAR:NXG
|
$810.77K |
|
TruTrace Technologies Inc
PINK:TTTSF
|
$811.26K |
|
Swiss Steel Holding AG
SW:STLN
|
$811.40K |
|
THEMAC RESOURCES
MU:6TH
|
$810.17K |
|
PINNACLE WEST CAP - Dusseldorf Stock Exchang
DU:PWC
|
$810.14K |
|
Totec Resources Ltd.
V:TOTC
|
$810.04K |
|
BrightBid Group AB (publ)
ST:PERP-B
|
$809.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tasfoods Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,575,000 to 7,121,000, a change of -10,454,000 (-59.5%).
- Net loss of 10,454,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-10.45 Million | -146.81% |
| Total Change | AU$- | -59.48% |
Book Value vs Market Value Analysis
This analysis compares Tasfoods 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: 0.31x
- 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 increased from 0.01x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | AU$0.47 | AU$0.01 | x |
| 1999-12-31 | AU$0.85 | AU$0.01 | x |
| 2000-12-31 | AU$0.31 | AU$0.01 | x |
| 2001-12-31 | AU$0.05 | AU$0.01 | x |
| 2002-12-31 | AU$0.00 | AU$0.01 | x |
| 2003-12-31 | AU$0.00 | AU$0.01 | x |
| 2004-12-31 | AU$0.16 | AU$0.01 | x |
| 2005-12-31 | AU$0.18 | AU$0.01 | x |
| 2006-12-31 | AU$0.16 | AU$0.01 | x |
| 2007-12-31 | AU$0.15 | AU$0.01 | x |
| 2008-12-31 | AU$0.18 | AU$0.01 | x |
| 2009-12-31 | AU$0.19 | AU$0.01 | x |
| 2010-12-31 | AU$0.18 | AU$0.01 | x |
| 2011-12-31 | AU$0.00 | AU$0.01 | x |
| 2012-12-31 | AU$0.21 | AU$0.01 | x |
| 2013-12-31 | AU$0.23 | AU$0.01 | x |
| 2014-12-31 | AU$0.29 | AU$0.01 | x |
| 2015-12-31 | AU$0.05 | AU$0.01 | x |
| 2016-12-31 | AU$0.29 | AU$0.01 | x |
| 2017-12-31 | AU$0.18 | AU$0.01 | x |
| 2018-12-31 | AU$0.15 | AU$0.01 | x |
| 2019-12-31 | AU$0.16 | AU$0.01 | x |
| 2020-12-31 | AU$0.14 | AU$0.01 | x |
| 2021-12-31 | AU$0.08 | AU$0.01 | x |
| 2022-12-31 | AU$0.04 | AU$0.01 | x |
| 2023-12-31 | AU$0.04 | AU$0.01 | x |
| 2024-12-31 | AU$0.02 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tasfoods Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -146.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.70%
- • Asset Turnover: 1.93x
- • Equity Multiplier: 3.35x
- Recent ROE (-146.81%) is below the historical average (-108.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -4.33% | 0.00% | 0.00x | 1.00x | AU$-679.39K |
| 1999 | -21.76% | 0.00% | 0.00x | 1.20x | AU$-2.54 Million |
| 2000 | -182.65% | -2068.23% | 0.06x | 1.44x | AU$-7.26 Million |
| 2001 | -466.15% | -375.51% | 0.62x | 2.00x | AU$-3.22 Million |
| 2002 | -1315.07% | -135.24% | 0.50x | 19.46x | AU$-923.60K |
| 2003 | -588.48% | -11.19% | 0.60x | 87.86x | AU$-60.59K |
| 2004 | -1.20% | -2.96% | 0.38x | 1.08x | AU$-396.51K |
| 2005 | -4.18% | -38.55% | 0.10x | 1.03x | AU$-2.25 Million |
| 2006 | 5.71% | 27.96% | 0.20x | 1.03x | AU$-1.05 Million |
| 2007 | 11.25% | 53.83% | 0.17x | 1.22x | AU$351.70K |
| 2008 | 13.89% | 71.38% | 0.19x | 1.03x | AU$1.30 Million |
| 2009 | 5.36% | 32.63% | 0.16x | 1.05x | AU$-1.68 Million |
| 2010 | 3.56% | 22.33% | 0.15x | 1.08x | AU$-2.33 Million |
| 2011 | 0.00% | 51.60% | 0.13x | 0.00x | AU$2.79 Million |
| 2012 | 4.34% | 46.04% | 0.09x | 1.04x | AU$-2.33 Million |
| 2013 | 7.30% | 40.73% | 0.17x | 1.04x | AU$-1.23 Million |
| 2014 | 20.89% | 454.07% | 0.04x | 1.03x | AU$6.23 Million |
| 2015 | -75.76% | -412.50% | 0.15x | 1.21x | AU$-4.76 Million |
| 2016 | -7.35% | -16.13% | 0.40x | 1.13x | AU$-6.08 Million |
| 2017 | -21.51% | -22.14% | 0.76x | 1.29x | AU$-9.97 Million |
| 2018 | -3.96% | -3.54% | 0.93x | 1.20x | AU$-4.78 Million |
| 2019 | -8.99% | -6.82% | 0.91x | 1.44x | AU$-7.31 Million |
| 2020 | -16.33% | -9.58% | 1.17x | 1.46x | AU$-10.33 Million |
| 2021 | -37.56% | -15.47% | 1.42x | 1.70x | AU$-13.60 Million |
| 2022 | -89.90% | -39.28% | 1.07x | 2.14x | AU$-18.31 Million |
| 2023 | -5.62% | -2.06% | 1.36x | 2.00x | AU$-2.74 Million |
| 2024 | -146.81% | -22.70% | 1.93x | 3.35x | AU$-11.17 Million |
Industry Comparison
This section compares Tasfoods Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $87,459,454
- Average return on equity (ROE) among peers: -114.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tasfoods Ltd (TFL) | AU$3.57 Million | -4.33% | 5.29x | $810.25K |
| Australian Dairy Nutritionals Ltd (AHF) | $26.73 Million | -27.52% | 0.14x | $7.62 Million |
| Beston Global Food Company Ltd (BFC) | $113.64 Million | -1.66% | 0.03x | $3.27 Million |
| Biome Australia Ltd (BIO) | $6.53 Million | -69.59% | 0.26x | $32.26 Million |
| Bioxyne Ltd (BXN) | $1.18 Million | -369.02% | 1.02x | $21.29 Million |
| Cobram Estate Olives Ltd (CBO) | $321.75 Million | 5.76% | 1.17x | $650.87 Million |
| The Calmer Co International Ltd (CCO) | $1.38 Million | -272.44% | 1.13x | $2.07 Million |
| EVE Health Group Ltd (EVEDA) | $1.22 Million | -155.31% | 1.06x | $68.31 Million |
| Forbidden Foods Ltd (FFF) | $875.19K | -265.77% | 1.78x | $1.49 Million |
| Fonterra Shareholders Fund (FSF) | $388.00 Million | 0.00% | 0.00x | $26.81K |
| Health and Plant Protein Group Ltd (HPP) | $13.30 Million | 10.47% | 0.52x | $448.86K |