FLIGHT CENTRE
FLIGHT CENTRE operates in Diversified Metals & Mining.
FLIGHT CENTRE (FLI) - Net Assets
Latest net assets as of June 2024: €1.20 Billion EUR
Based on the latest financial reports, FLIGHT CENTRE (FLI) has net assets worth €1.20 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.21 Billion) and total liabilities (€3.01 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 | €1.20 Billion |
| % of Total Assets | 28.55% |
| Annual Growth Rate | -1.39% |
| 5-Year Change | -13.64% |
| 10-Year Change | N/A |
| Growth Volatility | 21.41 |
FLIGHT CENTRE - Net Assets Trend (2016–2024)
This chart illustrates how FLIGHT CENTRE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FLIGHT CENTRE (2016–2024)
The table below shows the annual net assets of FLIGHT CENTRE from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €1.20 Billion | +5.87% |
| 2023-06-30 | €1.14 Billion | +46.18% |
| 2022-06-30 | €777.46 Million | -18.68% |
| 2021-06-30 | €956.04 Million | -31.38% |
| 2020-06-30 | €1.39 Billion | -4.73% |
| 2019-06-30 | €1.46 Billion | -5.93% |
| 2018-06-30 | €1.55 Billion | +8.80% |
| 2017-06-30 | €1.43 Billion | +6.15% |
| 2016-06-30 | €1.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FLIGHT CENTRE'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 136.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.54 Billion | 128.26% |
| Total Equity | €1.20 Billion | 100.00% |
FLIGHT CENTRE Competitors by Market Cap
The table below lists competitors of FLIGHT CENTRE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EURONAV (OCW.SG)
STU:OCW
|
$100.23K |
|
WeShop Holdings Limited Class A Ordinary Shares
NASDAQ:WSHP
|
$100.25K |
|
Indigo Acquisition Corp. Unit
NASDAQ:INACU
|
$100.43K |
|
REBAB COMPANY
BC:REBAB-COMPANY
|
$100.44K |
|
Principal Real Estate Income Closed Fund
NYSE:PGZ
|
$100.18K |
|
Westin Acquisition Corp Units
NASDAQ:WSTNU
|
$100.16K |
|
Trinity One Metals Ltd.
PINK:ARJNF
|
$100.13K |
|
SUEDZUCKER (SZU.SG)
STU:SZU
|
$100.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FLIGHT CENTRE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,135,088,000 to 1,202,280,000, a change of 67,192,000 (5.9%).
- Net income of 139,638,000 contributed positively to equity growth.
- Dividend payments of 61,999,000 reduced retained earnings.
- Share repurchases of 94,875,000 reduced equity.
- New share issuances of 7,532,000 increased equity.
- Other factors increased equity by 76,896,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €139.64 Million | +11.61% |
| Dividends Paid | €62.00 Million | -5.16% |
| Share Repurchases | €94.88 Million | -7.89% |
| Share Issuances | €7.53 Million | +0.63% |
| Other Changes | €76.90 Million | +6.4% |
| Total Change | €- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares FLIGHT CENTRE'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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.79x to 1.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €12.73 | €10.10 | x |
| 2018-06-30 | €13.80 | €10.10 | x |
| 2019-06-30 | €13.02 | €10.10 | x |
| 2020-06-30 | €7.00 | €10.10 | x |
| 2021-06-30 | €4.80 | €10.10 | x |
| 2022-06-30 | €3.88 | €10.10 | x |
| 2023-06-30 | €5.21 | €10.10 | x |
| 2024-06-30 | €5.50 | €10.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FLIGHT CENTRE 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): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.15%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.51x
- Recent ROE (11.61%) is above the historical average (-4.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.17% | 9.32% | 0.87x | 2.23x | €109.96 Million |
| 2017 | 16.15% | 9.07% | 0.80x | 2.24x | €87.90 Million |
| 2018 | 16.97% | 9.00% | 0.86x | 2.20x | €107.97 Million |
| 2019 | 18.04% | 8.64% | 0.87x | 2.39x | €117.62 Million |
| 2020 | -47.54% | -34.89% | 0.47x | 2.87x | €-801.46 Million |
| 2021 | -45.30% | -109.40% | 0.12x | 3.42x | €-528.73 Million |
| 2022 | -36.95% | -28.45% | 0.27x | 4.81x | €-364.23 Million |
| 2023 | 4.18% | 2.08% | 0.51x | 3.91x | €-66.05 Million |
| 2024 | 11.61% | 5.15% | 0.64x | 3.51x | €19.41 Million |
Industry Comparison
This section compares FLIGHT CENTRE's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FLIGHT CENTRE (FLI) | €1.20 Billion | 18.17% | 2.50x | $100.19K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |