Turners Automotive Group Ltd

AU:TRA Australia Auto & Truck Dealerships
Market Cap
$405.53 Million
AU$654.94 Million AUD
Market Cap Rank
#13238 Global
#165 in Australia
Share Price
AU$7.24
Change (1 day)
+0.00%
52-Week Range
AU$4.90 - AU$7.24
All Time High
AU$7.24
Categories
Companies in Australia Auto & Truck Dealerships
About

Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Auto Retail, Finance, Insurance, and Credit Management segments. The Auto Retail segment engages in remarketing of motor vehicles, trucks, heavy machinery, and commercial goods; and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and… Read more

Turners Automotive Group Ltd (TRA) - Net Assets

Latest net assets as of September 2025: AU$303.69 Million AUD

Based on the latest financial reports, Turners Automotive Group Ltd (TRA) has net assets worth AU$303.69 Million AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$962.83 Million) and total liabilities (AU$659.14 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$303.69 Million
% of Total Assets 31.54%
Annual Growth Rate 13.83%
5-Year Change 27.8%
10-Year Change 129.94%
Growth Volatility 40.51

Turners Automotive Group Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Turners Automotive 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 Turners Automotive Group Ltd (1997–2025)

The table below shows the annual net assets of Turners Automotive Group Ltd from 1997 to 2025.

Year Net Assets Change
2025-03-31 AU$298.49 Million +7.29%
2024-03-31 AU$278.22 Million +2.19%
2023-03-31 AU$272.25 Million +7.87%
2022-03-31 AU$252.40 Million +8.06%
2021-03-31 AU$233.57 Million +4.71%
2020-03-31 AU$223.06 Million -1.47%
2019-03-31 AU$226.37 Million +5.62%
2018-03-31 AU$214.32 Million +24.81%
2017-03-31 AU$171.72 Million +32.28%
2016-03-31 AU$129.81 Million +7.28%
2015-03-31 AU$121.00 Million +63.40%
2014-03-31 AU$74.05 Million +123.12%
2013-03-31 AU$33.19 Million +37.34%
2012-03-31 AU$24.17 Million -6.21%
2011-03-31 AU$25.77 Million +1007.93%
2010-03-31 AU$-2.84 Million -117.48%
2009-03-31 AU$16.24 Million -61.05%
2008-03-31 AU$41.69 Million -40.68%
2007-03-31 AU$70.27 Million +30.29%
2006-03-31 AU$53.93 Million +40.25%
2005-03-31 AU$38.45 Million +27.28%
2004-03-31 AU$30.21 Million +32.32%
2003-03-31 AU$22.83 Million +13.05%
2002-03-31 AU$20.20 Million +14.58%
2001-03-31 AU$17.63 Million +25.63%
2000-03-31 AU$14.03 Million +30.10%
1999-03-31 AU$10.78 Million +24.26%
1998-03-31 AU$8.68 Million +9.28%
1997-03-31 AU$7.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Turners Automotive 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 8461800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings AU$84.62 Million 28.35%
Common Stock AU$218.91 Million 73.34%
Other Comprehensive Income AU$-5.04 Million -1.69%
Total Equity AU$298.49 Million 100.00%

Turners Automotive Group Ltd Competitors by Market Cap

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

Company Market Cap
Jinan High tech Development Co Ltd
SHG:600807
 		$278.27 Million
Upstream Bio, Inc.
NASDAQ:UPB
 		$278.33 Million
Jw Pharmac
KO:001060
 		$278.34 Million
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
 		$278.37 Million
Genomictree Inc.
KQ:228760
 		$278.07 Million
Gruvaktiebolaget Viscaria
ST:VISC
 		$278.06 Million
Jyothy Labs Limited
NSE:JYOTHYLAB
 		$278.06 Million
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
 		$278.06 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 278,224,000 to 298,493,000, a change of 20,269,000 (7.3%).
  • Net income of 38,587,000 contributed positively to equity growth.
  • Dividend payments of 13,703,000 reduced retained earnings.
  • New share issuances of 985,000 increased equity.
  • Other comprehensive income decreased equity by 5,789,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$38.59 Million +12.93%
Dividends Paid AU$13.70 Million -4.59%
Share Issuances AU$985.00K +0.33%
Other Comprehensive Income AU$-5.79 Million -1.94%
Other Changes AU$189.00K +0.06%
Total Change AU$- 7.29%

Book Value vs Market Value Analysis

This analysis compares Turners Automotive 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: 2.16x
  • 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 6.89x to 2.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-03-31 AU$1.05 AU$7.24 x
1997-03-31 AU$1.05 AU$7.24 x
1998-03-31 AU$1.09 AU$7.24 x
1999-03-31 AU$6.33 AU$7.24 x
2000-03-31 AU$7.63 AU$7.24 x
2001-03-31 AU$8.74 AU$7.24 x
2002-03-31 AU$9.51 AU$7.24 x
2003-03-31 AU$10.75 AU$7.24 x
2004-03-31 AU$13.75 AU$7.24 x
2005-03-31 AU$15.30 AU$7.24 x
2006-03-31 AU$16.51 AU$7.24 x
2007-03-31 AU$21.01 AU$7.24 x
2008-03-31 AU$10.43 AU$7.24 x
2009-03-31 AU$4.10 AU$7.24 x
2010-03-31 AU$-0.72 AU$7.24 x
2011-03-31 AU$2.19 AU$7.24 x
2012-03-31 AU$1.51 AU$7.24 x
2013-03-31 AU$1.75 AU$7.24 x
2014-03-31 AU$1.84 AU$7.24 x
2015-03-31 AU$2.03 AU$7.24 x
2016-03-31 AU$2.00 AU$7.24 x
2017-03-31 AU$2.45 AU$7.24 x
2018-03-31 AU$2.65 AU$7.24 x
2019-03-31 AU$2.61 AU$7.24 x
2020-03-31 AU$2.59 AU$7.24 x
2021-03-31 AU$2.72 AU$7.24 x
2022-03-31 AU$2.91 AU$7.24 x
2023-03-31 AU$3.15 AU$7.24 x
2024-03-31 AU$3.17 AU$7.24 x
2025-03-31 AU$3.35 AU$7.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Turners Automotive 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): 12.93%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.10%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 3.07x
  • Recent ROE (12.93%) is above the historical average (4.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 3.44% 0.00% 0.00x 0.00x AU$-514.50K
1997 1.52% 0.00% 0.00x 6.81x AU$-673.21K
1998 11.55% 0.00% 0.00x 7.60x AU$134.81K
1999 16.86% 0.00% 0.00x 8.54x AU$739.60K
2000 17.87% 0.00% 0.00x 9.43x AU$1.10 Million
2001 17.04% 0.00% 0.00x 9.53x AU$1.24 Million
2002 18.43% 8.11% 0.22x 10.23x AU$1.70 Million
2003 17.59% 7.32% 0.21x 11.67x AU$1.73 Million
2004 20.05% 32.37% 0.05x 11.56x AU$3.03 Million
2005 -0.01% 0.00% 0.00x 10.16x AU$-3.85 Million
2006 15.10% 28.72% 0.06x 8.63x AU$2.75 Million
2007 4.35% 9.65% 0.07x 6.75x AU$-3.97 Million
2008 -43.34% -364.57% 0.02x 7.40x AU$-22.23 Million
2009 -156.63% -1048.74% 0.02x 9.19x AU$-27.06 Million
2010 0.00% -217.40% 0.08x 0.00x AU$-18.79 Million
2011 54.71% 321.26% 0.06x 2.89x AU$11.52 Million
2012 -6.62% -65.04% 0.03x 3.04x AU$-4.02 Million
2013 5.17% 15.13% 0.11x 3.13x AU$-1.60 Million
2014 11.09% 38.61% 0.17x 1.71x AU$804.80K
2015 14.84% 20.07% 0.27x 2.72x AU$5.86 Million
2016 12.02% 9.11% 0.47x 2.79x AU$2.62 Million
2017 10.23% 7.01% 0.45x 3.24x AU$402.40K
2018 10.90% 7.19% 0.50x 3.04x AU$1.93 Million
2019 10.04% 6.92% 0.50x 2.89x AU$81.60K
2020 9.39% 6.31% 0.47x 3.18x AU$-1.35 Million
2021 11.50% 9.06% 0.41x 3.08x AU$3.51 Million
2022 12.39% 9.15% 0.41x 3.27x AU$6.04 Million
2023 11.96% 8.37% 0.46x 3.13x AU$5.34 Million
2024 11.85% 9.57% 0.40x 3.11x AU$5.14 Million
2025 12.93% 15.10% 0.28x 3.07x AU$8.74 Million

Industry Comparison

This section compares Turners Automotive Group Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.

Industry Context

  • Industry: Auto & Truck Dealerships
  • Average net assets among peers: $258,485,942
  • Average return on equity (ROE) among peers: 11.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Turners Automotive Group Ltd (TRA) AU$303.69 Million 3.44% 2.17x $278.21 Million
Eagers Automotive Ltd (APE) $468.54 Million 11.82% 1.51x $1.91 Billion
Autosports Group Ltd (ASG) $500.68 Million 5.21% 1.15x $142.18 Million
Carma Limited (CMA) $87.10 Million -41.22% 0.20x $24.79 Million
Motorcycle Holdings Ltd (MTO) $193.23 Million -7.32% 0.35x $58.64 Million
Peter Warren Automotive Holdings Ltd (PWR) $42.88 Million 87.26% 5.21x $50.08 Million