FirstRand Limited
FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment, and insurance products and services in South Africa, rest of Africa, the United Kingdom, and internationally. It operates in Retail and Commercial, and Corporate and Institutional segments. The company offers deposits and savings products; personal loans; and asset and invoice finance, as well as SME c… Read more
FirstRand Limited (FSRA) - Net Assets
Latest net assets as of June 2025: €243.21 Billion EUR
Based on the latest financial reports, FirstRand Limited (FSRA) has net assets worth €243.21 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.59 Trillion) and total liabilities (€2.35 Trillion). 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 | €243.21 Billion |
| % of Total Assets | 9.39% |
| Annual Growth Rate | 9.66% |
| 5-Year Change | 44.86% |
| 10-Year Change | 125.06% |
| Growth Volatility | 2.09 |
FirstRand Limited - Net Assets Trend (2014–2025)
This chart illustrates how FirstRand Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FirstRand Limited (2014–2025)
The table below shows the annual net assets of FirstRand Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €243.21 Billion | +11.66% |
| 2024-06-30 | €217.80 Billion | +11.74% |
| 2023-06-30 | €194.92 Billion | +7.86% |
| 2022-06-30 | €180.71 Billion | +7.64% |
| 2021-06-30 | €167.89 Billion | +10.51% |
| 2020-06-30 | €151.92 Billion | +5.07% |
| 2019-06-30 | €144.59 Billion | +10.55% |
| 2018-06-30 | €130.80 Billion | +11.62% |
| 2017-06-30 | €117.18 Billion | +8.44% |
| 2016-06-30 | €108.06 Billion | +9.59% |
| 2015-06-30 | €98.60 Billion | +11.77% |
| 2014-06-30 | €88.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FirstRand Limited'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €237.78 Billion | 100.00% |
| Total Equity | €237.78 Billion | 100.00% |
FirstRand Limited Competitors by Market Cap
The table below lists competitors of FirstRand Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DexCom Inc
NASDAQ:DXCM
|
$25.79 Billion |
|
TechnipFMC PLC
NYSE:FTI
|
$25.82 Billion |
|
Société Générale Société anonyme
PINK:SCGLF
|
$25.87 Billion |
|
Resona Holdings Inc
NYSE:RSHGY
|
$25.95 Billion |
|
RWE AG ST O.N.
LSE:0HA0
|
$25.59 Billion |
|
Woodside Petroleum Ltd
PINK:WOPEF
|
$25.56 Billion |
|
Banco BTG Pactual S.A.
SA:BPAC11
|
$25.50 Billion |
|
Raymond James Financial Inc.
NYSE:RJF
|
$25.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FirstRand Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 212,943,000,000 to 237,783,000,000, a change of 24,840,000,000 (11.7%).
- Net income of 43,540,000,000 contributed positively to equity growth.
- Share repurchases of 942,000,000 reduced equity.
- Other factors decreased equity by 17,758,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €43.54 Billion | +18.31% |
| Share Repurchases | €942.00 Million | -0.4% |
| Other Changes | €-17.76 Billion | -7.47% |
| Total Change | €- | 11.67% |
Book Value vs Market Value Analysis
This analysis compares FirstRand Limited'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: 0.11x
- 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 decreased from 0.22x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €20.22 | €4.50 | x |
| 2018-06-30 | €22.61 | €4.50 | x |
| 2019-06-30 | €25.03 | €4.50 | x |
| 2020-06-30 | €26.36 | €4.50 | x |
| 2021-06-30 | €29.11 | €4.50 | x |
| 2022-06-30 | €31.46 | €4.50 | x |
| 2023-06-30 | €34.00 | €4.50 | x |
| 2024-06-30 | €38.00 | €4.50 | x |
| 2025-06-30 | €42.59 | €4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FirstRand Limited 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): 18.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.33%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 10.89x
- Recent ROE (18.31%) is below the historical average (20.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 23.26% | 30.81% | 0.06x | 11.74x | €10.68 Billion |
| 2015 | 24.16% | 32.32% | 0.06x | 11.67x | €12.86 Billion |
| 2016 | 21.97% | 30.09% | 0.07x | 11.02x | €12.48 Billion |
| 2017 | 21.98% | 30.27% | 0.07x | 10.74x | €13.59 Billion |
| 2018 | 21.30% | 30.10% | 0.06x | 12.08x | €14.33 Billion |
| 2019 | 21.99% | 29.89% | 0.06x | 11.89x | €16.84 Billion |
| 2020 | 12.29% | 17.45% | 0.05x | 13.04x | €3.39 Billion |
| 2021 | 16.86% | 25.37% | 0.06x | 11.55x | €11.19 Billion |
| 2022 | 19.04% | 29.31% | 0.06x | 11.36x | €15.96 Billion |
| 2023 | 23.72% | 34.26% | 0.06x | 12.04x | €26.16 Billion |
| 2024 | 18.65% | 28.09% | 0.06x | 11.13x | €18.41 Billion |
| 2025 | 18.31% | 29.33% | 0.06x | 10.89x | €19.76 Billion |
Industry Comparison
This section compares FirstRand Limited's net assets metrics with peer companies in the Banks - Diversified industry.
No peer company data available for comparison.