Vgi Partners Global Investments Ltd
VGI Partners Global Investments Limited provides investors with access to a portfolio of long investments and short positions in global listed securities. The company was incorporated in 2017 and is based in Sydney, Australia.
Vgi Partners Global Investments Ltd (VG1) - Net Assets
Latest net assets as of December 2024: AU$528.40 Million AUD
Based on the latest financial reports, Vgi Partners Global Investments Ltd (VG1) has net assets worth AU$528.40 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$781.54 Million) and total liabilities (AU$253.14 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$528.40 Million |
| % of Total Assets | 67.61% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | -27.93% |
| 10-Year Change | N/A |
| Growth Volatility | 27.42 |
Vgi Partners Global Investments Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Vgi Partners Global Investments 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 Vgi Partners Global Investments Ltd (2018–2024)
The table below shows the annual net assets of Vgi Partners Global Investments Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$643.12 Million | -8.45% |
| 2023-06-30 | AU$702.48 Million | -3.92% |
| 2022-06-30 | AU$731.12 Million | -25.69% |
| 2021-06-30 | AU$983.93 Million | +10.26% |
| 2020-06-30 | AU$892.39 Million | -5.26% |
| 2019-06-30 | AU$941.94 Million | +61.37% |
| 2018-06-30 | AU$583.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vgi Partners Global Investments 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 104.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$644.60 Million | 100.23% |
| Total Equity | AU$643.12 Million | 100.00% |
Vgi Partners Global Investments Ltd Competitors by Market Cap
The table below lists competitors of Vgi Partners Global Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mutares SE & Co. KGaA
XETRA:MUX
|
$491.41 Million |
|
Ingram Micro Holding Corporation
NYSE:INGM
|
$491.62 Million |
|
Shanghai Hugong Elec(Group)
SHG:603131
|
$491.70 Million |
|
Shanghai Anoky Group
SHE:300067
|
$491.80 Million |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
$491.30 Million |
|
Arjo AB (publ)
PINK:ARRJF
|
$491.29 Million |
|
Maitri Health Technologies Corp
PINK:MHTCF
|
$491.23 Million |
|
JLGRF
PINK:JLGRF
|
$491.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vgi Partners Global Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 702,481,510 to 643,117,130, a change of -59,364,380 (-8.5%).
- Net income of 64,145,730 contributed positively to equity growth.
- Dividend payments of 32,285,010 reduced retained earnings.
- Share repurchases of 91,225,100 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$64.15 Million | +9.97% |
| Dividends Paid | AU$32.29 Million | -5.02% |
| Share Repurchases | AU$91.23 Million | -14.18% |
| Total Change | AU$- | -8.45% |
Book Value vs Market Value Analysis
This analysis compares Vgi Partners Global Investments 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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$2.12 | AU$2.49 | x |
| 2019-06-30 | AU$2.31 | AU$2.49 | x |
| 2020-06-30 | AU$2.19 | AU$2.49 | x |
| 2021-06-30 | AU$2.56 | AU$2.49 | x |
| 2022-06-30 | AU$1.96 | AU$2.49 | x |
| 2023-06-30 | AU$2.07 | AU$2.49 | x |
| 2024-06-30 | AU$2.24 | AU$2.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vgi Partners Global Investments Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.42%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.34x
- Recent ROE (9.97%) is above the historical average (1.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.68% | 51.21% | 0.08x | 1.31x | AU$-25.19 Million |
| 2019 | 5.37% | 51.11% | 0.08x | 1.24x | AU$-43.57 Million |
| 2020 | -5.10% | 0.00% | -0.03x | 1.56x | AU$-134.72 Million |
| 2021 | 15.64% | 57.56% | 0.16x | 1.70x | AU$55.53 Million |
| 2022 | -26.38% | 0.00% | -0.23x | 1.53x | AU$-265.96 Million |
| 2023 | 7.66% | 46.44% | 0.13x | 1.27x | AU$-16.45 Million |
| 2024 | 9.97% | 47.42% | 0.16x | 1.34x | AU$-165.98K |
Industry Comparison
This section compares Vgi Partners Global Investments Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vgi Partners Global Investments Ltd (VG1) | AU$528.40 Million | 5.68% | 0.48x | $491.32 Million |
| PATRYS Ltd (PAB) | $22.98 Million | -31.88% | 0.04x | $3.40 Million |
| Perpetual Credit Income Trust (PCI) | $532.80 Million | 7.05% | 0.01x | $6.27K |
| Regal Investment Fund (RF1) | $342.96 Million | 50.99% | 1.48x | $20.94K |
| Regal Partners Global Investments Limited (RG1) | $941.94 Million | 5.37% | 0.24x | $12.74K |
| Rivco Australia Ltd (RIV) | $192.59 Million | 3.29% | 0.69x | $92.93 Million |
| Touch Ventures Ltd (TVL) | $60.18 Million | -5.66% | 0.01x | $20.90 Million |
| Victory Metals Ltd (VTM) | $64.54 Million | 2.13% | 1.05x | $10.84 Million |