Advtech

JSE:ADH South Africa Education & Training Services
Market Cap
$1.16 Billion
ZAC2.18 Trillion ZAC
Market Cap Rank
#28134 Global
#44 in South Africa
Share Price
ZAC3960.00
Change (1 day)
-1.98%
52-Week Range
ZAC3000.00 - ZAC4125.00
All Time High
ZAC4125.00
Categories
Companies in South Africa Education & Training Services
About

ADvTECH Limited provides education, training, and staff placement services in South Africa and other African countries. It operates through Schools, Tertiary, and Resourcing divisions. The Schools division offers pre-primary, primary, and secondary education services through face to face and online learning under the Crawford International, Pinnacle Colleges, Trinityhouse, Abbotts College, Junior… Read more

Advtech (ADH) - Net Assets

Latest net assets as of June 2025: ZAC6.39 Billion ZAC

Based on the latest financial reports, Advtech (ADH) has net assets worth ZAC6.39 Billion ZAC as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC11.07 Billion) and total liabilities (ZAC4.68 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 ZAC6.39 Billion
% of Total Assets 57.71%
Annual Growth Rate 17.67%
5-Year Change 59.76%
10-Year Change 174.08%
Growth Volatility 27.42

Advtech - Net Assets Trend (2002–2024)

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

Annual Net Assets for Advtech (2002–2024)

The table below shows the annual net assets of Advtech from 2002 to 2024.

Year Net Assets Change
2024-12-31 ZAC6.18 Billion +12.38%
2023-12-31 ZAC5.50 Billion +11.05%
2022-12-31 ZAC4.95 Billion +12.30%
2021-12-31 ZAC4.41 Billion +14.00%
2020-12-31 ZAC3.87 Billion +13.08%
2019-12-31 ZAC3.42 Billion +7.83%
2018-12-31 ZAC3.17 Billion +10.13%
2017-12-31 ZAC2.88 Billion +7.57%
2016-12-31 ZAC2.68 Billion +18.75%
2015-12-31 ZAC2.25 Billion +142.73%
2014-12-31 ZAC928.80 Million +8.89%
2013-12-31 ZAC853.00 Million +7.55%
2012-12-31 ZAC793.10 Million +5.58%
2011-12-31 ZAC751.20 Million +10.83%
2010-12-31 ZAC677.80 Million +11.01%
2009-12-31 ZAC610.59 Million +19.98%
2008-12-31 ZAC508.89 Million +22.28%
2007-12-31 ZAC416.18 Million +26.64%
2006-12-31 ZAC328.63 Million +14.55%
2005-12-31 ZAC286.90 Million +13.58%
2004-12-31 ZAC252.60 Million +18.07%
2003-12-31 ZAC213.94 Million +24.10%
2002-12-31 ZAC172.40 Million --

Equity Component Analysis

This analysis shows how different components contribute to Advtech'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 448980000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ZAC4.49 Billion 73.07%
Common Stock ZAC1.60 Billion 25.97%
Other Comprehensive Income ZAC116.30 Million 1.89%
Total Equity ZAC6.14 Billion 100.00%

Advtech Competitors by Market Cap

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

Company Market Cap
Nosa Med AB
ST:NOSA
 		$10.96 Million
The Practical Solution Public Company Limited
BK:TPS
 		$10.96 Million
Pacific Orient Bhd
KLSE:6009
 		$10.96 Million
Shalimar Paints Limited
NSE:SHALPAINTS
 		$10.96 Million
Renova Energia S.A
SA:RNEW11
 		$10.95 Million
Amata VN PCL
BK:AMATAV
 		$10.95 Million
Oncoclinicas do Brasil
SA:ONCO3
 		$10.95 Million
Jing-Jan Retail Business Co., Ltd.
TWO:2942
 		$10.95 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,449,700,000 to 6,144,900,000, a change of 695,200,000 (12.8%).
  • Net income of 1,104,700,000 contributed positively to equity growth.
  • Dividend payments of 589,700,000 reduced retained earnings.
  • Share repurchases of 36,000,000 reduced equity.
  • Other comprehensive income increased equity by 66,799,999.
  • Other factors increased equity by 149,400,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ZAC1.10 Billion +17.98%
Dividends Paid ZAC589.70 Million -9.6%
Share Repurchases ZAC36.00 Million -0.59%
Other Comprehensive Income ZAC66.80 Million +1.09%
Other Changes ZAC149.40 Million +2.43%
Total Change ZAC- 12.76%

Book Value vs Market Value Analysis

This analysis compares Advtech'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: 355.99x
  • 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 8641.39x to 355.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 ZAC0.46 ZAC3960.00 x
2003-12-31 ZAC0.55 ZAC3960.00 x
2004-12-31 ZAC0.67 ZAC3960.00 x
2005-12-31 ZAC0.73 ZAC3960.00 x
2006-12-31 ZAC0.83 ZAC3960.00 x
2007-12-31 ZAC1.05 ZAC3960.00 x
2008-12-31 ZAC1.28 ZAC3960.00 x
2009-12-31 ZAC1.49 ZAC3960.00 x
2010-12-31 ZAC1.65 ZAC3960.00 x
2011-12-31 ZAC1.83 ZAC3960.00 x
2012-12-31 ZAC1.97 ZAC3960.00 x
2013-12-31 ZAC2.11 ZAC3960.00 x
2014-12-31 ZAC2.23 ZAC3960.00 x
2015-12-31 ZAC5.01 ZAC3960.00 x
2016-12-31 ZAC5.04 ZAC3960.00 x
2017-12-31 ZAC5.32 ZAC3960.00 x
2018-12-31 ZAC5.87 ZAC3960.00 x
2019-12-31 ZAC6.31 ZAC3960.00 x
2020-12-31 ZAC7.09 ZAC3960.00 x
2021-12-31 ZAC8.02 ZAC3960.00 x
2022-12-31 ZAC8.96 ZAC3960.00 x
2023-12-31 ZAC9.92 ZAC3960.00 x
2024-12-31 ZAC11.12 ZAC3960.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Advtech 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): 17.98%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.97%
  • • Asset Turnover: 0.79x
  • • Equity Multiplier: 1.75x
  • Recent ROE (17.98%) is above the historical average (11.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -141.10% -51.75% 1.18x 2.30x ZAC-260.50 Million
2003 23.97% 10.55% 1.28x 1.78x ZAC29.88 Million
2004 16.11% 7.14% 1.35x 1.67x ZAC15.44 Million
2005 21.10% 9.07% 1.38x 1.69x ZAC31.55 Million
2006 27.40% 10.75% 1.57x 1.62x ZAC56.69 Million
2007 29.50% 12.67% 1.46x 1.59x ZAC80.65 Million
2008 30.55% 12.98% 1.50x 1.57x ZAC104.56 Million
2009 26.24% 11.64% 1.48x 1.52x ZAC99.14 Million
2010 21.95% 10.12% 1.49x 1.45x ZAC81.02 Million
2011 20.81% 9.73% 1.39x 1.54x ZAC81.18 Million
2012 17.45% 8.20% 1.26x 1.68x ZAC59.09 Million
2013 18.25% 8.82% 1.08x 1.91x ZAC70.40 Million
2014 17.99% 8.65% 0.99x 2.11x ZAC74.22 Million
2015 10.03% 8.31% 0.63x 1.92x ZAC600.00K
2016 14.05% 11.11% 0.72x 1.75x ZAC107.27 Million
2017 12.96% 9.38% 0.71x 1.95x ZAC84.43 Million
2018 12.64% 9.05% 0.70x 2.00x ZAC82.93 Million
2019 13.80% 9.19% 0.67x 2.25x ZAC129.36 Million
2020 12.01% 8.38% 0.72x 1.99x ZAC77.23 Million
2021 15.19% 11.24% 0.73x 1.84x ZAC227.17 Million
2022 16.42% 11.57% 0.78x 1.82x ZAC314.84 Million
2023 17.45% 12.10% 0.83x 1.74x ZAC406.03 Million
2024 17.98% 12.97% 0.79x 1.75x ZAC490.21 Million

Industry Comparison

This section compares Advtech's net assets metrics with peer companies in the Education & Training Services industry.

Industry Context

  • Industry: Education & Training Services
  • Average net assets among peers: $2,023,682,000
  • Average return on equity (ROE) among peers: 12.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Advtech (ADH) ZAC6.39 Billion -141.10% 0.73x $10.95 Million
Stadio Holdings Ltd (SDO) $2.02 Billion 12.94% 0.18x $5.21 Million