Orica Limited (ICA) - Net Assets
Based on the latest financial reports, Orica Limited (ICA) has net assets worth €4.26 Billion EUR (≈ $4.98 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.95 Billion ≈ $11.63 Billion USD) and total liabilities (€5.69 Billion ≈ $6.66 Billion USD). 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. Check how tangible is Orica Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.26 Billion |
| % of Total Assets | 42.78% |
| Annual Growth Rate | -0.3% |
| 5-Year Change | 52.4% |
| 10-Year Change | 52.91% |
| Growth Volatility | 15.62 |
Orica Limited - Net Assets Trend (2014–2025)
This chart illustrates how Orica Limited's net assets have evolved over time, based on quarterly financial data. See Orica Limited (ICA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Orica Limited (2014–2025)
The table below shows the annual net assets of Orica Limited from 2014 to 2025. For live valuation and market cap data, see ICA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €4.26 Billion ≈ $4.98 Billion |
-6.42% |
| 2024-09-30 | €4.55 Billion ≈ $5.32 Billion |
+12.24% |
| 2023-09-30 | €4.05 Billion ≈ $4.74 Billion |
+8.65% |
| 2022-09-30 | €3.73 Billion ≈ $4.36 Billion |
+33.55% |
| 2021-09-30 | €2.79 Billion ≈ $3.26 Billion |
-12.35% |
| 2020-09-30 | €3.19 Billion ≈ $3.72 Billion |
+5.31% |
| 2019-09-30 | €3.03 Billion ≈ $3.54 Billion |
+1.93% |
| 2018-09-30 | €2.97 Billion ≈ $3.47 Billion |
+0.15% |
| 2017-09-30 | €2.96 Billion ≈ $3.46 Billion |
+6.48% |
| 2016-09-30 | €2.78 Billion ≈ $3.25 Billion |
-6.83% |
| 2015-09-30 | €2.99 Billion ≈ $3.49 Billion |
-32.10% |
| 2014-09-30 | €4.40 Billion ≈ $5.14 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Orica 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 64.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.02 Billion | 24.42% |
| Other Components | €3.16 Billion | 75.58% |
| Total Equity | €4.18 Billion | 100.00% |
Orica Limited Competitors by Market Cap
The table below lists competitors of Orica Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CPI Property Group S.A
F:O5G
|
$6.30 Billion |
|
GATX Corporation
NYSE:GATX
|
$6.31 Billion |
|
Procore Technologies Inc
NYSE:PCOR
|
$6.31 Billion |
|
Hyosung Heavy Industries Corp
KO:298040
|
$6.31 Billion |
|
SIAM CEMENT UNSP.ADS/1
F:TCM
|
$6.30 Billion |
|
Kesko Oyj
HE:KESKOB
|
$6.30 Billion |
|
Paycom Software, Inc.
NYSE:PAYC
|
$6.30 Billion |
|
TXNM Energy, Inc.
NYSE:TXNM
|
$6.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orica Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,459,000,000 to 4,176,100,000, a change of -282,900,000 (-6.3%).
- Net income of 162,300,000 contributed positively to equity growth.
- Dividend payments of 266,600,000 reduced retained earnings.
- Share repurchases of 417,400,000 reduced equity.
- Other factors increased equity by 238,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €162.30 Million | +3.89% |
| Dividends Paid | €266.60 Million | -6.38% |
| Share Repurchases | €417.40 Million | -9.99% |
| Other Changes | €238.80 Million | +5.72% |
| Total Change | €- | -6.34% |
Book Value vs Market Value Analysis
This analysis compares Orica 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: 1.57x
- 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 1.78x to 1.57x 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 | €7.86 | €14.00 | x |
| 2018-09-30 | €7.66 | €14.00 | x |
| 2019-09-30 | €7.80 | €14.00 | x |
| 2020-09-30 | €7.73 | €14.00 | x |
| 2021-09-30 | €6.69 | €14.00 | x |
| 2022-09-30 | €8.14 | €14.00 | x |
| 2023-09-30 | €8.76 | €14.00 | x |
| 2024-09-30 | €9.16 | €14.00 | x |
| 2025-09-30 | €8.91 | €14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orica 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.99%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.38x
- Recent ROE (3.89%) is above the historical average (2.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.13% | 10.53% | 0.65x | 2.07x | €176.20 Million |
| 2015 | -42.46% | -22.34% | 0.77x | 2.45x | €-1.57 Billion |
| 2016 | 12.32% | 6.73% | 0.77x | 2.37x | €64.55 Million |
| 2017 | 13.04% | 7.66% | 0.74x | 2.29x | €89.97 Million |
| 2018 | -1.66% | -0.90% | 0.75x | 2.47x | €-338.42 Million |
| 2019 | 8.26% | 4.17% | 0.81x | 2.46x | €-51.72 Million |
| 2020 | 5.36% | 3.00% | 0.66x | 2.70x | €-145.42 Million |
| 2021 | -6.37% | -3.34% | 0.71x | 2.70x | €-446.43 Million |
| 2022 | 1.63% | 0.85% | 0.85x | 2.27x | €-308.48 Million |
| 2023 | 7.41% | 3.71% | 0.91x | 2.20x | €-103.17 Million |
| 2024 | 11.76% | 6.82% | 0.80x | 2.15x | €78.70 Million |
| 2025 | 3.89% | 1.99% | 0.82x | 2.38x | €-255.31 Million |
Industry Comparison
This section compares Orica Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $787,406,217
- Average return on equity (ROE) among peers: -443.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orica Limited (ICA) | €4.26 Billion | 14.13% | 1.34x | $6.30 Billion |
| LIFELINE SPAC I OYJ A EO1 (0CD) | $3.93 Million | 0.00% | 25.02x | $261.36 Million |
| GRAPHENE MANUFACT.GROUP (0GF) | $8.69 Million | -107.23% | 0.84x | $185.36 Million |
| Orion Engineered Carbons SA (0OE) | $-74.25 Million | 0.00% | 0.00x | $327.05 Million |
| COVESTRO AG SP.ADR 1/2 (1CO1) | $7.02 Billion | -9.18% | 0.92x | $11.11 Billion |
| H&R GmbH & Co. KGaA (2HRA) | $357.37 Million | 6.04% | 1.04x | $183.88 Million |
| LOOP INDUSTRIES DL-001 (3L9) | $367.00K | -4102.72% | 49.62x | $38.43 Million |
| Dotz Nano Ltd (57N) | $3.79 Million | -160.22% | 0.25x | $4.51 Million |
| TIDEWATER RENEWABLES LTD (7GZ) | $515.60 Million | 0.00% | 0.42x | $233.52 Million |
| DIRECTA PLUS PLC LS-0025 (88K) | $16.03 Million | -22.78% | 0.36x | $2.35 Million |
| TEKNA HOLDING ASA NK 2 (8VB) | $26.54 Million | -41.59% | 1.75x | $67.10 Million |
About Orica Limited
Orica Limited manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Canada, the United States, and internationally. It provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services; and supplementary serv… Read more