REA Group Limited (R9C) - Net Assets
Based on the latest financial reports, REA Group Limited (R9C) has net assets worth €1.95 Billion EUR (≈ $2.28 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.83 Billion ≈ $3.31 Billion USD) and total liabilities (€881.30 Million ≈ $1.03 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 R9C cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.95 Billion |
| % of Total Assets | 68.89% |
| Annual Growth Rate | 11.71% |
| 5-Year Change | 71.27% |
| 10-Year Change | N/A |
| Growth Volatility | 12.21 |
REA Group Limited - Net Assets Trend (2017–2025)
This chart illustrates how REA Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore R9C total assets for the complete picture of this company's asset base.
Annual Net Assets for REA Group Limited (2017–2025)
The table below shows the annual net assets of REA Group Limited from 2017 to 2025. For live valuation and market cap data, see market cap of REA Group Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €1.95 Billion ≈ $2.28 Billion |
+23.59% |
| 2024-06-30 | €1.58 Billion ≈ $1.85 Billion |
+4.07% |
| 2023-06-30 | €1.52 Billion ≈ $1.77 Billion |
+11.27% |
| 2022-06-30 | €1.36 Billion ≈ $1.59 Billion |
+19.67% |
| 2021-06-30 | €1.14 Billion ≈ $1.33 Billion |
+31.78% |
| 2020-06-30 | €864.49 Million ≈ $1.01 Billion |
-4.52% |
| 2019-06-30 | €905.43 Million ≈ $1.06 Billion |
-3.76% |
| 2018-06-30 | €940.77 Million ≈ $1.10 Billion |
+16.90% |
| 2017-06-30 | €804.73 Million ≈ $940.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to REA Group 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 150.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.68 Billion | 88.00% |
| Other Components | €229.50 Million | 12.00% |
| Total Equity | €1.91 Billion | 100.00% |
REA Group Limited Competitors by Market Cap
The table below lists competitors of REA Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grab Holdings Ltd
NASDAQ:GRAB
|
$14.57 Billion |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648
|
$14.59 Billion |
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
$14.59 Billion |
|
ZTO Express (Cayman) Inc
NYSE:ZTO
|
$14.60 Billion |
|
Vodacom Group Ltd
JSE:VOD
|
$14.51 Billion |
|
Joint Stock Company Kaspi.kz
NASDAQ:KSPI
|
$14.51 Billion |
|
Zhejiang Juhua Co Ltd
SHG:600160
|
$14.47 Billion |
|
Yara International ASA
OL:YAR
|
$14.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REA Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,538,400,000 to 1,912,000,000, a change of 373,600,000 (24.3%).
- Net income of 677,900,000 contributed positively to equity growth.
- Dividend payments of 280,400,000 reduced retained earnings.
- Share repurchases of 22,900,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €677.90 Million | +35.46% |
| Dividends Paid | €280.40 Million | -14.67% |
| Share Repurchases | €22.90 Million | -1.2% |
| Other Changes | €-1.00 Million | -0.05% |
| Total Change | €- | 24.28% |
Book Value vs Market Value Analysis
This analysis compares REA Group 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: 6.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.54x to 6.98x 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 | €6.11 | €101.00 | x |
| 2018-06-30 | €7.14 | €101.00 | x |
| 2019-06-30 | €6.87 | €101.00 | x |
| 2020-06-30 | €6.56 | €101.00 | x |
| 2021-06-30 | €8.09 | €101.00 | x |
| 2022-06-30 | €9.85 | €101.00 | x |
| 2023-06-30 | €11.10 | €101.00 | x |
| 2024-06-30 | €11.64 | €101.00 | x |
| 2025-06-30 | €14.47 | €101.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REA Group 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): 35.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.15%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.48x
- Recent ROE (35.46%) is above the historical average (24.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 25.62% | 30.70% | 0.43x | 1.96x | €125.64 Million |
| 2018 | 26.88% | 29.14% | 0.50x | 1.83x | €158.75 Million |
| 2019 | 11.60% | 11.15% | 0.60x | 1.75x | €14.50 Million |
| 2020 | 13.00% | 12.74% | 0.55x | 1.84x | €25.96 Million |
| 2021 | 30.18% | 32.10% | 0.42x | 2.22x | €215.77 Million |
| 2022 | 29.55% | 26.96% | 0.56x | 1.97x | €254.60 Million |
| 2023 | 24.28% | 25.57% | 0.53x | 1.79x | €209.42 Million |
| 2024 | 19.68% | 17.81% | 0.64x | 1.73x | €148.96 Million |
| 2025 | 35.46% | 35.15% | 0.68x | 1.48x | €486.70 Million |
Industry Comparison
This section compares REA Group Limited's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $5,831,326,700
- Average return on equity (ROE) among peers: -3.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| REA Group Limited (R9C) | €1.95 Billion | 25.62% | 0.45x | $14.56 Billion |
| Fiverr International Ltd (11V) | $345.40 Million | -4.29% | 1.49x | $307.56 Million |
| PHOENIX NEW MED.ADR 1/48 (1PX) | $1.16 Billion | -8.81% | 0.51x | $9.09 Million |
| AUTO TRADER ADR 1/4 LS-01 (2UA0) | $472.50 Million | 51.79% | 0.15x | $4.85 Billion |
| Opera Limited (2V8) | $912.21 Million | 6.35% | 0.16x | $1.17 Billion |
| Weibo Corporation (2WBA) | $3.52 Billion | 9.74% | 1.07x | $1.30 Billion |
| Domain Holdings Australia Limited (3DH) | $908.30 Million | -25.07% | 0.41x | $1.53 Billion |
| INKEVERSE GROUP DL-001 (5IK) | $3.93 Billion | 10.57% | 0.33x | $144.47 Million |
| Bilibili Inc (71BA) | $1.54 Billion | -59.15% | 0.41x | $7.17 Billion |
| BILIBILI INC. DL -0001 (71BB) | $21.72 Billion | -31.26% | 1.40x | $6.96 Billion |
| AUTOHOME INC. A DL -01 (8AHA) | $23.81 Billion | 10.75% | 0.19x | $1.88 Billion |
About REA Group Limited
REA Group Limited, together with its subsidiaries, engages in online property advertising business in Australia, Asia, and North America It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, flatmates.com.au, property.com.au, housing.com, maka… Read more