Acsion Ltd

JSE:ACS South Africa Real Estate - Development
Market Cap
$244.56 Million
ZAC460.18 Billion ZAC
Market Cap Rank
#34104 Global
#95 in South Africa
Share Price
ZAC1197.00
Change (1 day)
+1.01%
52-Week Range
ZAC105.00 - ZAC1197.00
All Time High
ZAC1197.00
About

Acsion Limited engages in property holding and development activities in South Africa and internationally. The company operates through South African Property Operations, South African Hospitality Operations, and International Property Operations segments. Its investment portfolio includes retail properties, including regional shopping centers, light industrial property, and a mixed-used property… Read more

Acsion Ltd (ACS) - Net Assets

Latest net assets as of August 2025: ZAC12.38 Billion ZAC

Based on the latest financial reports, Acsion Ltd (ACS) has net assets worth ZAC12.38 Billion ZAC as of August 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC17.14 Billion) and total liabilities (ZAC4.76 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 ZAC12.38 Billion
% of Total Assets 72.21%
Annual Growth Rate 11.23%
5-Year Change 62.7%
10-Year Change 154.24%
Growth Volatility 5.52

Acsion Ltd - Net Assets Trend (2015–2025)

This chart illustrates how Acsion Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Acsion Ltd (2015–2025)

The table below shows the annual net assets of Acsion Ltd from 2015 to 2025.

Year Net Assets Change
2025-02-28 ZAC11.66 Billion +11.24%
2024-02-29 ZAC10.48 Billion +11.63%
2023-02-28 ZAC9.39 Billion +12.30%
2022-02-28 ZAC8.36 Billion +16.67%
2021-02-28 ZAC7.17 Billion -2.93%
2020-02-29 ZAC7.38 Billion +7.37%
2019-02-28 ZAC6.88 Billion +14.26%
2018-02-28 ZAC6.02 Billion +11.50%
2017-02-28 ZAC5.40 Billion +17.68%
2016-02-29 ZAC4.59 Billion +14.05%
2015-02-28 ZAC4.02 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Acsion 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 18022.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (February 2025)

Component Amount Percentage
Retained Earnings ZAC7.40 Billion 64.14%
Common Stock ZAC3.98 Billion 34.52%
Other Components ZAC155.16 Million 1.35%
Total Equity ZAC11.53 Billion 100.00%

Acsion Ltd Competitors by Market Cap

The table below lists competitors of Acsion Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Acsion Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 10,246,831,000 to 11,530,946,000, a change of 1,284,115,000 (12.5%).
  • Net income of 1,587,083,000 contributed positively to equity growth.
  • Dividend payments of 130,865,000 reduced retained earnings.
  • Share repurchases of 800,000 reduced equity.
  • Other comprehensive income decreased equity by 409,866,000.
  • Other factors increased equity by 238,563,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC1.59 Billion +13.76%
Dividends Paid ZAC130.87 Million -1.13%
Share Repurchases ZAC800.00K -0.01%
Other Comprehensive Income ZAC-409.87 Million -3.55%
Other Changes ZAC238.56 Million +2.07%
Total Change ZAC- 12.53%

Book Value vs Market Value Analysis

This analysis compares Acsion 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: 39.89x
  • 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 29.40x to 39.89x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-02-28 ZAC40.72 ZAC1197.00 x
2016-02-29 ZAC11.59 ZAC1197.00 x
2017-02-28 ZAC13.59 ZAC1197.00 x
2018-02-28 ZAC15.17 ZAC1197.00 x
2019-02-28 ZAC17.33 ZAC1197.00 x
2020-02-29 ZAC18.69 ZAC1197.00 x
2021-02-28 ZAC18.03 ZAC1197.00 x
2022-02-28 ZAC21.41 ZAC1197.00 x
2023-02-28 ZAC23.91 ZAC1197.00 x
2024-02-29 ZAC26.62 ZAC1197.00 x
2025-02-28 ZAC30.00 ZAC1197.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Acsion 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): 13.76%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 104.07%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 1.41x
  • Recent ROE (13.76%) is above the historical average (10.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 4.06% 37.90% 0.09x 1.20x ZAC-238.83 Million
2016 12.22% 123.50% 0.08x 1.24x ZAC101.56 Million
2017 14.68% 149.93% 0.08x 1.27x ZAC250.76 Million
2018 13.63% 139.15% 0.07x 1.33x ZAC216.84 Million
2019 13.50% 141.26% 0.07x 1.36x ZAC238.78 Million
2020 6.63% 70.83% 0.07x 1.36x ZAC-246.65 Million
2021 0.33% 3.39% 0.07x 1.39x ZAC-682.43 Million
2022 14.26% 128.56% 0.08x 1.45x ZAC349.69 Million
2023 9.66% 74.99% 0.09x 1.45x ZAC-31.52 Million
2024 10.15% 72.35% 0.10x 1.44x ZAC15.38 Million
2025 13.76% 104.07% 0.09x 1.41x ZAC433.99 Million

Industry Comparison

This section compares Acsion Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $152,286,886
  • Average return on equity (ROE) among peers: 6.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Acsion Ltd (ACS) ZAC12.38 Billion 4.06% 0.38x $2.11 Million
Balwin Properties Ltd (BWN) $271.67 Million -2.83% 1.35x $767.27K
Visual International Holdings Ltd (VIS) $32.90 Million 15.76% 0.66x $12.79K