Elders Limited
Elders Limited engages in the provision of agricultural products and services to rural and regional customers primarily in Australia. It operates through Branch Network, Wholesale Products, and Feed and Processing Services segments. The company supplies rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professi… Read more
Elders Limited (FTZ) - Net Assets
Latest net assets as of September 2025: €1.09 Billion EUR
Based on the latest financial reports, Elders Limited (FTZ) has net assets worth €1.09 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.54 Billion) and total liabilities (€1.45 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 | €1.09 Billion |
| % of Total Assets | 42.81% |
| Annual Growth Rate | 30.71% |
| 5-Year Change | 39.43% |
| 10-Year Change | 482.06% |
| Growth Volatility | 28.83 |
Elders Limited - Net Assets Trend (2014–2025)
This chart illustrates how Elders 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 Elders Limited (2014–2025)
The table below shows the annual net assets of Elders Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €1.09 Billion | +28.44% |
| 2024-09-30 | €845.19 Million | -2.50% |
| 2023-09-30 | €866.84 Million | +0.71% |
| 2022-09-30 | €860.72 Million | +10.55% |
| 2021-09-30 | €778.59 Million | +15.81% |
| 2020-09-30 | €672.33 Million | +36.41% |
| 2019-09-30 | €492.88 Million | +59.74% |
| 2018-09-30 | €308.55 Million | +19.74% |
| 2017-09-30 | €257.68 Million | +38.16% |
| 2016-09-30 | €186.50 Million | +67.07% |
| 2015-09-30 | €111.63 Million | +95.74% |
| 2014-09-30 | €57.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elders 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 grown by 57189400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.86 Billion | 171.75% |
| Total Equity | €1.08 Billion | 100.00% |
Elders Limited Competitors by Market Cap
The table below lists competitors of Elders Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
$869.57 Million |
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
$869.95 Million |
|
EID Parry India Limited
NSE:EIDPARRY
|
$870.02 Million |
|
El Al Israel Airlines Ltd
PINK:ELALF
|
$870.52 Million |
|
Fujian Longma Envi Sanitation
SHG:603686
|
$869.10 Million |
|
Geron Corporation
NASDAQ:GERN
|
$868.81 Million |
|
Shanghai Originaldow Advanced
SHG:603991
|
$868.78 Million |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
$868.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elders Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 840,724,000 to 1,080,595,000, a change of 239,871,000 (28.5%).
- Net income of 50,291,000 contributed positively to equity growth.
- Dividend payments of 60,157,000 reduced retained earnings.
- Share repurchases of 6,833,000 reduced equity.
- New share issuances of 245,765,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €50.29 Million | +4.65% |
| Dividends Paid | €60.16 Million | -5.57% |
| Share Repurchases | €6.83 Million | -0.63% |
| Share Issuances | €245.76 Million | +22.74% |
| Other Changes | €10.80 Million | +1.0% |
| Total Change | €- | 28.53% |
Book Value vs Market Value Analysis
This analysis compares Elders 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: 0.71x
- 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 1.81x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €2.22 | €4.02 | x |
| 2018-09-30 | €2.62 | €4.02 | x |
| 2019-09-30 | €3.47 | €4.02 | x |
| 2020-09-30 | €4.31 | €4.02 | x |
| 2021-09-30 | €4.96 | €4.02 | x |
| 2022-09-30 | €5.46 | €4.02 | x |
| 2023-09-30 | €5.51 | €4.02 | x |
| 2024-09-30 | €5.24 | €4.02 | x |
| 2025-09-30 | €5.65 | €4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elders 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): 4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.58%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.35x
- Recent ROE (4.65%) is below the historical average (19.10%), 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 | 5.36% | 0.21% | 2.78x | 9.25x | €-2.58 Million |
| 2015 | 34.69% | 2.55% | 2.60x | 5.23x | €27.25 Million |
| 2016 | 28.01% | 3.15% | 2.37x | 3.76x | €33.16 Million |
| 2017 | 45.39% | 7.26% | 1.99x | 3.14x | €90.44 Million |
| 2018 | 23.33% | 4.45% | 1.73x | 3.03x | €40.89 Million |
| 2019 | 14.02% | 4.16% | 1.63x | 2.07x | €19.77 Million |
| 2020 | 18.32% | 5.91% | 1.34x | 2.32x | €55.85 Million |
| 2021 | 19.32% | 5.90% | 1.41x | 2.32x | €72.23 Million |
| 2022 | 19.05% | 4.74% | 1.70x | 2.36x | €77.38 Million |
| 2023 | 11.69% | 3.04% | 1.60x | 2.41x | €14.59 Million |
| 2024 | 5.36% | 1.45% | 1.34x | 2.77x | €-38.99 Million |
| 2025 | 4.65% | 1.58% | 1.26x | 2.35x | €-57.77 Million |
Industry Comparison
This section compares Elders Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,946,122,778,650
- Average return on equity (ROE) among peers: -14.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elders Limited (FTZ) | €1.09 Billion | 5.36% | 1.34x | $869.15 Million |
| China Modern Dairy Holdings Ltd (07M) | $7.12 Billion | -10.42% | 1.50x | $503.81 Million |
| PT Charoen Pokphand Indonesia Tbk (0CP1) | $27.03 Trillion | 8.58% | 0.52x | $1.29 Billion |
| Bumitama Agri Ltd (2BU) | $8.47 Trillion | 14.09% | 0.80x | $282.39 Million |
| Green Rise Foods Inc. (6VN) | $3.46 Million | -51.17% | 15.15x | $5.85 Million |
| China Shengmu Organic Milk Limited (7OM) | $2.88 Billion | -77.29% | 1.63x | $146.24 Million |
| Måsøval AS (9QP) | $1.79 Billion | -7.59% | 1.88x | $65.29 Million |
| CHA0 (CHA0) | $228.23 Million | -11.57% | 0.15x | $3.54 Million |
| Tonkens Agrar AG (GTK) | $5.44 Million | 0.00% | 2.96x | $2.10 Million |
| GDH Guangnan (Holdings) Limited (GUJB) | $2.60 Billion | 4.54% | 0.14x | $30.79 Million |