Absa Group Ltd Net Assets
Absa Group Ltd net assets. Based on the latest financial reports, Absa Group Ltd (ABG) has net assets worth ZAC195.84 Billion ZAC (≈ $104.08 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC2.28 Trillion ≈ $1.21 Billion USD) and total liabilities (ZAC2.09 Trillion ≈ $1.11 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. Also explore ABG net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC195.84 Billion |
| % of Total Assets | 8.58% |
| Annual Growth Rate | 10.66% |
| 5-Year Change | 23.08% |
| 10-Year Change | 77.27% |
| Growth Volatility | 10.24 |
Net Assets of Absa Group Ltd (2003–2025)
Net assets of Absa Group Ltd from 2003 to 2025. This chart illustrates how Absa Group Ltd's net assets have evolved over time, based on quarterly financial data. See Absa Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Absa Group Ltd (2003–2025)
The table below shows the annual net assets of Absa Group Ltd from 2003 to 2025. For live market cap and overall valuation, see Absa Group Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ZAC181.31 Billion ≈ $96.36 Million |
-1.07% |
| 2024-12-31 | ZAC183.28 Billion ≈ $97.40 Million |
+11.48% |
| 2023-12-31 | ZAC164.40 Billion ≈ $87.37 Million |
+7.42% |
| 2022-12-31 | ZAC153.05 Billion ≈ $81.34 Million |
+3.90% |
| 2021-12-31 | ZAC147.31 Billion ≈ $78.29 Million |
+11.34% |
| 2020-12-31 | ZAC132.30 Billion ≈ $70.31 Million |
+2.81% |
| 2019-12-31 | ZAC128.68 Billion ≈ $68.39 Million |
+5.82% |
| 2018-12-31 | ZAC121.61 Billion ≈ $64.63 Million |
+2.14% |
| 2017-12-31 | ZAC119.06 Billion ≈ $63.27 Million |
+16.41% |
| 2016-12-31 | ZAC102.28 Billion ≈ $54.36 Million |
+3.68% |
| 2015-12-31 | ZAC98.65 Billion ≈ $52.43 Million |
+8.47% |
| 2014-12-31 | ZAC90.94 Billion ≈ $48.33 Million |
+6.74% |
| 2013-12-31 | ZAC85.20 Billion ≈ $45.28 Million |
+17.04% |
| 2012-12-31 | ZAC72.79 Billion ≈ $38.69 Million |
+6.42% |
| 2011-12-31 | ZAC68.41 Billion ≈ $36.35 Million |
+10.07% |
| 2010-12-31 | ZAC62.15 Billion ≈ $33.03 Million |
+10.02% |
| 2009-12-31 | ZAC56.49 Billion ≈ $30.02 Million |
+6.65% |
| 2008-12-31 | ZAC52.97 Billion ≈ $28.15 Million |
+24.45% |
| 2007-12-31 | ZAC42.56 Billion ≈ $22.62 Million |
+21.88% |
| 2006-12-31 | ZAC34.92 Billion ≈ $18.56 Million |
+45.72% |
| 2004-12-31 | ZAC23.96 Billion ≈ $12.74 Million |
+22.77% |
| 2003-12-31 | ZAC19.52 Billion ≈ $10.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Absa Group Ltd'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 15130900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Absa Group Ltd Net Assets Breakdown (December 2025)
Absa Group Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC151.31 Billion | 87.76% |
| Common Stock | ZAC1.66 Billion | 0.96% |
| Other Comprehensive Income | ZAC9.01 Billion | 5.22% |
| Other Components | ZAC10.44 Billion | 6.05% |
| Total Equity | ZAC172.41 Billion | 100.00% |
Absa Group Ltd Competitors by Market Cap
The table below lists competitors of Absa Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Watts Water Technologies Inc
NYSE:WTS
|
$9.76 Billion |
|
Indiamart Intermesh Limited
NSE:INDIAMART
|
$9.77 Billion |
|
Itaúsa - Investimentos Itaú SA
SA:ITSA3
|
$9.78 Billion |
|
PayPay Corporation American Depository Shares
NASDAQ:PAYP
|
$9.78 Billion |
|
Donaldson Company Inc
NYSE:DCI
|
$9.73 Billion |
|
AvalonBay Communities Inc
NYSE:AVB
|
$9.73 Billion |
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
$9.72 Billion |
|
Getlink SE
PA:GET
|
$9.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Absa Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 169,848,000,000 to 172,411,000,000, a change of 2,563,000,000 (1.5%).
- Net income of 23,265,000,000 contributed positively to equity growth.
- Dividend payments of 14,221,000,000 reduced retained earnings.
- Share repurchases of 987,000,000 reduced equity.
- Other comprehensive income decreased equity by 7,839,000,000.
- Other factors increased equity by 3,206,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC23.27 Billion | +13.49% |
| Dividends Paid | ZAC14.22 Billion | -8.25% |
| Share Repurchases | ZAC987.00 Million | -0.57% |
| Other Comprehensive Income | ZAC-7.84 Billion | -4.55% |
| Other Changes | ZAC3.21 Billion | +1.86% |
| Total Change | ZAC- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares Absa Group Ltd'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: 107.56x
- 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 745.01x to 107.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ZAC29.71 | ZAC22134.00 | x |
| 2004-12-31 | ZAC35.05 | ZAC22134.00 | x |
| 2006-12-31 | ZAC48.77 | ZAC22134.00 | x |
| 2007-12-31 | ZAC59.41 | ZAC22134.00 | x |
| 2008-12-31 | ZAC67.27 | ZAC22134.00 | x |
| 2009-12-31 | ZAC71.04 | ZAC22134.00 | x |
| 2010-12-31 | ZAC86.23 | ZAC22134.00 | x |
| 2011-12-31 | ZAC86.55 | ZAC22134.00 | x |
| 2012-12-31 | ZAC78.81 | ZAC22134.00 | x |
| 2013-12-31 | ZAC91.18 | ZAC22134.00 | x |
| 2014-12-31 | ZAC97.56 | ZAC22134.00 | x |
| 2015-12-31 | ZAC105.38 | ZAC22134.00 | x |
| 2016-12-31 | ZAC111.59 | ZAC22134.00 | x |
| 2017-12-31 | ZAC130.03 | ZAC22134.00 | x |
| 2018-12-31 | ZAC131.64 | ZAC22134.00 | x |
| 2019-12-31 | ZAC136.28 | ZAC22134.00 | x |
| 2020-12-31 | ZAC139.94 | ZAC22134.00 | x |
| 2021-12-31 | ZAC164.58 | ZAC22134.00 | x |
| 2022-12-31 | ZAC170.75 | ZAC22134.00 | x |
| 2023-12-31 | ZAC183.89 | ZAC22134.00 | x |
| 2024-12-31 | ZAC204.64 | ZAC22134.00 | x |
| 2025-12-31 | ZAC205.79 | ZAC22134.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Absa Group Ltd 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): 13.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.03%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 12.99x
- Recent ROE (13.49%) is below the historical average (15.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 23.28% | 22.01% | 0.07x | 15.86x | ZAC2.57 Billion |
| 2004 | 23.22% | 24.52% | 0.06x | 14.69x | ZAC3.14 Billion |
| 2006 | 23.67% | 31.00% | 0.05x | 14.18x | ZAC4.77 Billion |
| 2007 | 23.55% | 31.22% | 0.05x | 15.06x | ZAC5.77 Billion |
| 2008 | 22.40% | 22.86% | 0.06x | 16.37x | ZAC5.86 Billion |
| 2009 | 13.53% | 14.88% | 0.06x | 14.20x | ZAC1.79 Billion |
| 2010 | 13.06% | 18.96% | 0.06x | 11.53x | ZAC1.90 Billion |
| 2011 | 15.53% | 21.11% | 0.06x | 12.63x | ZAC3.44 Billion |
| 2012 | 12.55% | 18.12% | 0.06x | 12.08x | ZAC1.70 Billion |
| 2013 | 15.50% | 20.20% | 0.06x | 12.41x | ZAC4.25 Billion |
| 2014 | 15.98% | 20.98% | 0.06x | 11.99x | ZAC4.95 Billion |
| 2015 | 16.05% | 21.37% | 0.06x | 12.82x | ZAC5.40 Billion |
| 2016 | 15.81% | 20.32% | 0.07x | 11.83x | ZAC5.40 Billion |
| 2017 | 12.75% | 18.87% | 0.06x | 10.75x | ZAC2.98 Billion |
| 2018 | 12.71% | 18.19% | 0.06x | 11.77x | ZAC2.97 Billion |
| 2019 | 12.58% | 17.81% | 0.06x | 12.35x | ZAC2.93 Billion |
| 2020 | 5.59% | 10.60% | 0.04x | 13.24x | ZAC-5.10 Billion |
| 2021 | 13.41% | 23.72% | 0.05x | 11.99x | ZAC4.66 Billion |
| 2022 | 14.70% | 25.14% | 0.05x | 12.63x | ZAC6.67 Billion |
| 2023 | 13.01% | 22.32% | 0.05x | 12.27x | ZAC4.61 Billion |
| 2024 | 13.33% | 20.46% | 0.05x | 12.18x | ZAC5.65 Billion |
| 2025 | 13.49% | 11.03% | 0.09x | 12.99x | ZAC6.02 Billion |
Industry Comparison
This section compares Absa Group Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $87,289,711,667
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Absa Group Ltd (ABG) | ZAC195.84 Billion | 23.28% | 10.65x | $9.74 Billion |
| ABSA Bank Limited (ABSP) | $91.33 Billion | 8.63% | 11.70x | $4.29 Billion |
| Capitec Bank Holdings Ltd (CPI) | $3.45 Billion | 19.01% | 3.18x | $28.55 Billion |
| Investec Ltd (INL) | $554.76 Million | 12.90% | 27.90x | $1.77 Billion |
| Nedbank Group Ltd (NED) | $105.17 Billion | 8.81% | 12.88x | $7.09 Billion |
| RMB Holdings Ltd (RMH) | $46.32 Billion | 18.48% | 0.06x | $40.50 Million |
| Standard Bank Group Ltd (SBK) | $276.92 Billion | 16.60% | 10.07x | $25.75 Billion |
About Absa Group Ltd
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit a… Read more