ArcelorMittal South Africa Limited (ACL) - Net Assets
Based on the latest financial reports, ArcelorMittal South Africa Limited (ACL) has net assets worth ZAC1.03 Billion ZAC (≈ $549.52K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC27.03 Billion ≈ $14.37 Million USD) and total liabilities (ZAC26.00 Billion ≈ $13.82 Million 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 ACL current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC1.03 Billion |
| % of Total Assets | 3.83% |
| Annual Growth Rate | -8.6% |
| 5-Year Change | -16.25% |
| 10-Year Change | -85.43% |
| Growth Volatility | 68.77 |
ArcelorMittal South Africa Limited - Net Assets Trend (2003–2024)
This chart illustrates how ArcelorMittal South Africa Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market value of ArcelorMittal South Africa Limited.
Annual Net Assets for ArcelorMittal South Africa Limited (2003–2024)
The table below shows the annual net assets of ArcelorMittal South Africa Limited from 2003 to 2024. Explore ACL cash generation efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC1.96 Billion ≈ $1.04 Million |
-74.83% |
| 2023-12-31 | ZAC7.80 Billion ≈ $4.14 Million |
-33.20% |
| 2022-12-31 | ZAC11.68 Billion ≈ $6.20 Million |
+28.96% |
| 2021-12-31 | ZAC9.05 Billion ≈ $4.81 Million |
+286.22% |
| 2020-12-31 | ZAC2.34 Billion ≈ $1.25 Million |
-31.16% |
| 2019-12-31 | ZAC3.40 Billion ≈ $1.81 Million |
-57.23% |
| 2018-12-31 | ZAC7.96 Billion ≈ $4.23 Million |
-1.20% |
| 2017-12-31 | ZAC8.06 Billion ≈ $4.28 Million |
-40.50% |
| 2016-12-31 | ZAC13.54 Billion ≈ $7.20 Million |
+0.53% |
| 2015-12-31 | ZAC13.47 Billion ≈ $7.16 Million |
-34.99% |
| 2014-12-31 | ZAC20.72 Billion ≈ $11.01 Million |
+0.14% |
| 2013-12-31 | ZAC20.69 Billion ≈ $11.00 Million |
-6.96% |
| 2012-12-31 | ZAC22.24 Billion ≈ $11.82 Million |
-1.88% |
| 2011-12-31 | ZAC22.67 Billion ≈ $12.05 Million |
+0.50% |
| 2010-12-31 | ZAC22.56 Billion ≈ $11.99 Million |
+2.88% |
| 2009-12-31 | ZAC21.93 Billion ≈ $11.65 Million |
-21.68% |
| 2008-12-31 | ZAC28.00 Billion ≈ $14.88 Million |
+36.01% |
| 2007-12-31 | ZAC20.58 Billion ≈ $10.94 Million |
-10.29% |
| 2006-12-31 | ZAC22.94 Billion ≈ $12.19 Million |
+17.55% |
| 2005-12-31 | ZAC19.52 Billion ≈ $10.37 Million |
+21.62% |
| 2004-12-31 | ZAC16.05 Billion ≈ $8.53 Million |
+23.67% |
| 2003-12-31 | ZAC12.98 Billion ≈ $6.90 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ArcelorMittal South Africa 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 87400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC874.00 Million | 44.52% |
| Common Stock | ZAC4.54 Billion | 231.13% |
| Other Comprehensive Income | ZAC471.00 Million | 23.99% |
| Total Equity | ZAC1.96 Billion | 100.00% |
ArcelorMittal South Africa Limited Competitors by Market Cap
The table below lists competitors of ArcelorMittal South Africa Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United U Li Corporation Bhd
KLSE:7133
|
$78.20 Million |
|
Dallasnews Corp
NASDAQ:DALN
|
$78.24 Million |
|
Dong A Eltek Co. Ltd
KQ:088130
|
$78.25 Million |
|
Vasta Platform Ltd
NASDAQ:VSTA
|
$78.25 Million |
|
FIH Mobile Limited
F:FW3
|
$78.16 Million |
|
Popular Vehicles and Services Limited
NSE:PVSL
|
$78.08 Million |
|
Anam Electroni
KO:008700
|
$78.03 Million |
|
Trans Polonia S.A.
WAR:TRN
|
$78.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ArcelorMittal South Africa Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,799,000,000 to 1,963,000,000, a change of -5,836,000,000 (-74.8%).
- Net loss of 5,839,000,000 reduced equity.
- Other comprehensive income increased equity by 67,000,000.
- Other factors decreased equity by 64,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-5.84 Billion | -297.45% |
| Other Comprehensive Income | ZAC67.00 Million | +3.41% |
| Other Changes | ZAC-64.00 Million | -3.26% |
| Total Change | ZAC- | -74.83% |
Book Value vs Market Value Analysis
This analysis compares ArcelorMittal South Africa 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: 74.95x
- 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 increased from 4.55x to 74.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ZAC29.01 | ZAC132.00 | x |
| 2004-12-31 | ZAC35.87 | ZAC132.00 | x |
| 2005-12-31 | ZAC43.68 | ZAC132.00 | x |
| 2006-12-31 | ZAC51.39 | ZAC132.00 | x |
| 2007-12-31 | ZAC46.04 | ZAC132.00 | x |
| 2008-12-31 | ZAC62.57 | ZAC132.00 | x |
| 2009-12-31 | ZAC51.75 | ZAC132.00 | x |
| 2010-12-31 | ZAC56.19 | ZAC132.00 | x |
| 2011-12-31 | ZAC56.47 | ZAC132.00 | x |
| 2012-12-31 | ZAC55.44 | ZAC132.00 | x |
| 2013-12-31 | ZAC51.58 | ZAC132.00 | x |
| 2014-12-31 | ZAC51.65 | ZAC132.00 | x |
| 2015-12-31 | ZAC33.58 | ZAC132.00 | x |
| 2016-12-31 | ZAC12.75 | ZAC132.00 | x |
| 2017-12-31 | ZAC7.58 | ZAC132.00 | x |
| 2018-12-31 | ZAC7.28 | ZAC132.00 | x |
| 2019-12-31 | ZAC3.10 | ZAC132.00 | x |
| 2020-12-31 | ZAC2.13 | ZAC132.00 | x |
| 2021-12-31 | ZAC8.12 | ZAC132.00 | x |
| 2022-12-31 | ZAC10.47 | ZAC132.00 | x |
| 2023-12-31 | ZAC7.00 | ZAC132.00 | x |
| 2024-12-31 | ZAC1.76 | ZAC132.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ArcelorMittal South Africa 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): -297.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.13%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 12.71x
- Recent ROE (-297.45%) is below the historical average (-21.73%), 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 | 12.37% | 8.68% | 1.00x | 1.43x | ZAC307.40 Million |
| 2004 | 30.42% | 21.16% | 0.97x | 1.48x | ZAC3.27 Billion |
| 2005 | 25.99% | 21.10% | 0.93x | 1.32x | ZAC3.12 Billion |
| 2006 | 20.25% | 18.32% | 0.83x | 1.33x | ZAC2.35 Billion |
| 2007 | 27.77% | 19.49% | 1.04x | 1.37x | ZAC3.66 Billion |
| 2008 | 33.51% | 23.50% | 1.07x | 1.34x | ZAC6.58 Billion |
| 2009 | -2.18% | -1.87% | 0.83x | 1.40x | ZAC-2.67 Billion |
| 2010 | 5.96% | 4.45% | 0.95x | 1.41x | ZAC-910.60 Million |
| 2011 | 0.04% | 0.03% | 0.97x | 1.43x | ZAC-2.26 Billion |
| 2012 | -2.28% | -1.57% | 1.05x | 1.39x | ZAC-2.73 Billion |
| 2013 | -10.37% | -6.62% | 0.99x | 1.58x | ZAC-4.22 Billion |
| 2014 | -0.76% | -0.45% | 1.06x | 1.59x | ZAC-2.23 Billion |
| 2015 | -64.10% | -27.73% | 1.01x | 2.30x | ZAC-9.98 Billion |
| 2016 | -34.75% | -14.38% | 1.07x | 2.26x | ZAC-6.06 Billion |
| 2017 | -63.64% | -13.14% | 1.25x | 3.87x | ZAC-5.93 Billion |
| 2018 | 17.21% | 3.03% | 1.59x | 3.59x | ZAC573.90 Million |
| 2019 | -137.33% | -11.31% | 1.84x | 6.60x | ZAC-5.02 Billion |
| 2020 | -84.17% | -8.01% | 1.13x | 9.30x | ZAC-2.21 Billion |
| 2021 | 73.18% | 16.68% | 1.36x | 3.21x | ZAC5.72 Billion |
| 2022 | 22.56% | 6.46% | 1.36x | 2.57x | ZAC1.47 Billion |
| 2023 | -50.26% | -9.41% | 1.43x | 3.73x | ZAC-4.70 Billion |
| 2024 | -297.45% | -15.13% | 1.55x | 12.71x | ZAC-6.04 Billion |
Industry Comparison
This section compares ArcelorMittal South Africa Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,785,263,500
- Average return on equity (ROE) among peers: 31.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ArcelorMittal South Africa Limited (ACL) | ZAC1.03 Billion | 12.37% | 25.14x | $78.19 Million |
| Argent (ART) | $978.53 Million | -18.82% | 0.37x | $101.66 Million |
| Kumba Iron Ore Ltd (KIO) | $20.59 Billion | 82.76% | 0.67x | $5.32 Billion |
About ArcelorMittal South Africa Limited
ArcelorMittal South Africa Limited manufactures and sells steel products in South Africa and internationally. It operates through Steel Operations and Non-Steel Operations segments. The company offers flat steel products, such as hot rolled plate, hot rolled coil " pickled and oiled, cold rolled coil, galvanized coil, color coil, and electrogalvanized coil; light bay and heavy bay steel castings;… Read more