Telstra Group Ltd (TLS) - Net Assets

Latest as of December 2025: AU$15.74 Billion AUD

Based on the latest financial reports, Telstra Group Ltd (TLS) has net assets worth AU$15.74 Billion AUD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$44.64 Billion) and total liabilities (AU$28.90 Billion). 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$15.74 Billion
% of Total Assets 35.26%
Annual Growth Rate N/A
5-Year Change 6.82%
10-Year Change 2.57%
Growth Volatility 8.31

Telstra Group Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Telstra Group 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 Telstra Group Ltd (1993–2025)

The table below shows the annual net assets of Telstra Group Ltd from 1993 to 2025.

Year Net Assets Change
2025-06-30 AU$16.32 Billion -5.97%
2024-06-30 AU$17.35 Billion -2.60%
2023-06-30 AU$17.82 Billion +4.95%
2022-06-30 AU$16.98 Billion +11.14%
2021-06-30 AU$15.28 Billion +0.85%
2020-06-30 AU$15.15 Billion +4.25%
2019-06-30 AU$14.53 Billion -0.61%
2018-06-30 AU$14.62 Billion +0.41%
2017-06-30 AU$14.56 Billion -8.47%
2016-06-30 AU$15.91 Billion +9.63%
2015-06-30 AU$14.51 Billion +3.94%
2014-06-30 AU$13.96 Billion +8.43%
2013-06-30 AU$12.88 Billion +10.15%
2012-06-30 AU$11.69 Billion -4.91%
2011-06-30 AU$12.29 Billion -5.50%
2010-06-30 AU$13.01 Billion +2.58%
2009-06-30 AU$12.68 Billion +3.56%
2008-06-30 AU$12.24 Billion -2.66%
2007-06-30 AU$12.58 Billion -1.96%
2006-06-30 AU$12.83 Billion -13.77%
2005-06-30 AU$14.88 Billion -3.12%
2004-06-30 AU$15.36 Billion -0.40%
2003-06-30 AU$15.42 Billion +9.33%
2002-06-30 AU$14.11 Billion +2.80%
2001-06-30 AU$13.72 Billion +18.27%
2000-06-30 AU$11.60 Billion +12.71%
1999-06-30 AU$10.29 Billion -7.09%
1998-06-30 AU$11.08 Billion +11.48%
1997-06-30 AU$9.94 Billion -21.55%
1996-06-30 AU$12.67 Billion +8.02%
1995-06-30 AU$11.73 Billion +9.03%
1994-06-30 AU$10.76 Billion +273.65%
1993-06-30 AU$-6.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Telstra 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 978800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$9.79 Billion 70.42%
Common Stock AU$2.35 Billion 16.87%
Other Comprehensive Income AU$1.77 Billion 12.71%
Total Equity AU$13.90 Billion 100.00%

Telstra Group Ltd Competitors by Market Cap

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

Company Market Cap
Goodman Group
AU:GMG
 		$42.51 Billion
Microchip Technology Inc
NASDAQ:MCHP
 		$42.51 Billion
Elite Material Co Ltd
TW:2383
 		$42.80 Billion
ASSA ABLOY AB (publ)
ST:ASSA-B
 		$43.07 Billion
Danske Bank A/S
CO:DANSKE
 		$42.40 Billion
Aselsan Elektronik Sanayi ve Ticaret AS
IS:ASELS
 		$42.28 Billion
American International Group Inc
NYSE:AIG
 		$42.22 Billion
HCL Technologies Limited
NSE:HCLTECH
 		$42.20 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 14,922,000,000 to 13,899,000,000, a change of -1,023,000,000 (-6.9%).
  • Net income of 2,172,000,000 contributed positively to equity growth.
  • Dividend payments of 2,317,000,000 reduced retained earnings.
  • Share repurchases of 769,000,000 reduced equity.
  • Other comprehensive income decreased equity by 369,000,000.
  • Other factors increased equity by 260,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$2.17 Billion +15.63%
Dividends Paid AU$2.32 Billion -16.67%
Share Repurchases AU$769.00 Million -5.53%
Other Comprehensive Income AU$-369.00 Million -2.65%
Other Changes AU$260.00 Million +1.87%
Total Change AU$- -6.86%

Book Value vs Market Value Analysis

This analysis compares Telstra 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: 4.43x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 5.87x to 4.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-06-30 AU$0.91 AU$5.33 x
1994-06-30 AU$0.89 AU$5.33 x
1995-06-30 AU$0.98 AU$5.33 x
1996-06-30 AU$1.05 AU$5.33 x
1997-06-30 AU$0.82 AU$5.33 x
1998-06-30 AU$0.92 AU$5.33 x
1999-06-30 AU$0.67 AU$5.33 x
2000-06-30 AU$0.76 AU$5.33 x
2001-06-30 AU$0.87 AU$5.33 x
2002-06-30 AU$0.93 AU$5.33 x
2003-06-30 AU$1.01 AU$5.33 x
2004-06-30 AU$1.02 AU$5.33 x
2005-06-30 AU$1.00 AU$5.33 x
2006-06-30 AU$0.86 AU$5.33 x
2007-06-30 AU$1.01 AU$5.33 x
2008-06-30 AU$0.97 AU$5.33 x
2009-06-30 AU$1.00 AU$5.33 x
2010-06-30 AU$1.02 AU$5.33 x
2011-06-30 AU$0.98 AU$5.33 x
2012-06-30 AU$0.92 AU$5.33 x
2013-06-30 AU$1.01 AU$5.33 x
2014-06-30 AU$1.11 AU$5.33 x
2015-06-30 AU$1.15 AU$5.33 x
2016-06-30 AU$1.30 AU$5.33 x
2017-06-30 AU$1.21 AU$5.33 x
2018-06-30 AU$1.23 AU$5.33 x
2019-06-30 AU$1.22 AU$5.33 x
2020-06-30 AU$1.22 AU$5.33 x
2021-06-30 AU$1.23 AU$5.33 x
2022-06-30 AU$1.32 AU$5.33 x
2023-06-30 AU$1.33 AU$5.33 x
2024-06-30 AU$1.29 AU$5.33 x
2025-06-30 AU$1.20 AU$5.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telstra 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): 15.63%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.56%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 3.24x
  • Recent ROE (15.63%) is above the historical average (15.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 0.01% 0.00% 0.00x 0.40x AU$-1.09 Billion
1994 -0.05% -0.04% 0.61x 1.97x AU$-1.08 Billion
1995 -0.02% -0.02% 0.57x 2.06x AU$-1.17 Billion
1996 0.02% 0.02% 0.61x 1.93x AU$-1.26 Billion
1997 0.08% 0.05% 0.61x 2.62x AU$-980.60 Million
1998 0.04% 0.02% 0.64x 2.40x AU$-1.10 Billion
1999 -0.02% -0.01% 0.63x 2.70x AU$-1.03 Billion
2000 0.03% 0.02% 0.61x 2.62x AU$-1.16 Billion
2001 -0.02% -0.02% 0.50x 2.83x AU$-1.33 Billion
2002 0.08% 0.05% 0.54x 2.66x AU$-1.40 Billion
2003 0.23% 0.17% 0.57x 2.31x AU$-1.51 Billion
2004 0.01% 0.00% 0.60x 2.28x AU$-1.53 Billion
2005 29.89% 20.00% 0.61x 2.44x AU$2.96 Billion
2006 25.27% 13.98% 0.63x 2.87x AU$1.92 Billion
2007 25.86% 13.58% 0.63x 3.01x AU$2.00 Billion
2008 30.72% 14.89% 0.65x 3.16x AU$2.49 Billion
2009 32.80% 15.99% 0.64x 3.22x AU$2.83 Billion
2010 30.58% 15.58% 0.63x 3.09x AU$2.61 Billion
2011 26.76% 12.88% 0.66x 3.14x AU$2.02 Billion
2012 29.66% 13.44% 0.64x 3.44x AU$2.26 Billion
2013 30.24% 14.95% 0.66x 3.06x AU$2.55 Billion
2014 30.93% 17.02% 0.64x 2.85x AU$2.89 Billion
2015 30.00% 16.26% 0.64x 2.87x AU$2.82 Billion
2016 36.42% 22.31% 0.60x 2.73x AU$4.19 Billion
2017 26.76% 14.96% 0.62x 2.90x AU$2.44 Billion
2018 24.35% 13.78% 0.61x 2.92x AU$2.10 Billion
2019 14.81% 8.53% 0.59x 2.93x AU$699.10 Million
2020 12.57% 7.67% 0.53x 3.07x AU$371.70 Million
2021 12.73% 8.61% 0.51x 2.92x AU$398.20 Million
2022 10.90% 7.93% 0.51x 2.69x AU$139.20 Million
2023 12.51% 8.49% 0.50x 2.92x AU$387.30 Million
2024 10.87% 7.07% 0.50x 3.05x AU$129.80 Million
2025 15.63% 9.56% 0.51x 3.24x AU$782.10 Million

Industry Comparison

This section compares Telstra Group Ltd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $243,639,150
  • Average return on equity (ROE) among peers: -93.05%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Telstra Group Ltd (TLS) AU$15.74 Billion 0.01% 1.84x $42.45 Billion
Pentanet Ltd (5GG) $2.56 Million -85.36% 0.94x $6.74 Million
Aussie Broadband Ltd (ABB) $47.88 Million -25.69% 0.96x $1.11 Billion
Chorus Ltd (CNU) $1.06 Billion 2.35% 4.80x $2.46 Billion
Field Solutions Holdings Ltd (FSG) $199.10K -94.46% 0.18x $12.04 Million
Hubify Ltd (HFY) $2.91 Million -662.26% 0.47x $6.22 Million
Hutchison Telecommunications (Australia) Ltd (HTA) $955.73 Million 1.65% 1.42x $297.71 Million
Norwood Systems Ltd (NOR) $-1.23 Million 0.00% 0.00x $4.00 Million
Superloop Ltd (SLC) $367.72 Million -4.01% 0.50x $1.24 Billion
Spacetalk Ltd (SPA) $-4.26 Million 0.00% 0.00x $4.37 Million
Spirit Technology Solutions Ltd (ST1) $1.88 Million -62.70% 0.40x $74.68 Million

About Telstra Group Ltd

AU:TLS Australia Telecom Services
Market Cap
$42.45 Billion
AU$59.99 Billion AUD
Market Cap Rank
#554 Global
#11 in Australia
Share Price
AU$5.33
Change (1 day)
-0.19%
52-Week Range
AU$4.44 - AU$5.44
All Time High
AU$5.44
Categories
Companies in Australia Telecom Services
About

Telstra Group Limited provides telecommunications and information services in Australia and internationally. The company operates through six segments: Telstra Consumer; Telstra Business; Telstra Enterprise Australia; Telstra International; Networks, IT and Products; and Telstra InfraCo. It offers telecommunication and technology products and services to consumer and small and medium business cus… Read more