Alexander Forbes Grp Hldg Ltd

JSE:AFH South Africa Financial Conglomerates
Market Cap
$487.60 Million
ZAC917.49 Billion ZAC
Market Cap Rank
#30935 Global
#60 in South Africa
Share Price
ZAC725.00
Change (1 day)
-0.82%
52-Week Range
ZAC690.00 - ZAC933.00
All Time High
ZAC933.00
About

Alexander Forbes Group Holdings Limited, a financial services company, provides employee benefits, retirement and healthcare consulting, investment, and wealth management solutions to corporate clients and individuals. It offers solutions for individuals, including preservation funds, unit trusts, tax-free saving accounts, actuarial consulting, wills and estates planning, retirement navigators, a… Read more

Alexander Forbes Grp Hldg Ltd (AFH) - Net Assets

Latest net assets as of March 2025: ZAC4.01 Billion ZAC

Based on the latest financial reports, Alexander Forbes Grp Hldg Ltd (AFH) has net assets worth ZAC4.01 Billion ZAC as of March 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC469.56 Billion) and total liabilities (ZAC465.55 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 ZAC4.01 Billion
% of Total Assets 0.85%
Annual Growth Rate 4.45%
5-Year Change -0.45%
10-Year Change -34.86%
Growth Volatility 37.73

Alexander Forbes Grp Hldg Ltd - Net Assets Trend (2012–2025)

This chart illustrates how Alexander Forbes Grp Hldg 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 Alexander Forbes Grp Hldg Ltd (2012–2025)

The table below shows the annual net assets of Alexander Forbes Grp Hldg Ltd from 2012 to 2025.

Year Net Assets Change
2025-03-31 ZAC4.01 Billion -12.64%
2024-03-31 ZAC4.59 Billion +2.48%
2023-03-31 ZAC4.48 Billion +9.08%
2022-03-31 ZAC4.11 Billion +1.94%
2021-03-31 ZAC4.03 Billion -21.07%
2020-03-31 ZAC5.10 Billion -15.65%
2019-03-31 ZAC6.05 Billion -3.92%
2018-03-31 ZAC6.30 Billion -11.55%
2017-03-31 ZAC7.12 Billion +15.64%
2016-03-31 ZAC6.16 Billion +11.12%
2015-03-31 ZAC5.54 Billion +4.47%
2014-03-31 ZAC5.30 Billion +134.23%
2013-03-31 ZAC2.26 Billion -0.57%
2012-03-31 ZAC2.28 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Alexander Forbes Grp Hldg 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 decreased by 104000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock ZAC5.98 Billion 151.09%
Total Equity ZAC3.96 Billion 100.00%

Alexander Forbes Grp Hldg Ltd Competitors by Market Cap

The table below lists competitors of Alexander Forbes Grp Hldg Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,542,000,000 to 3,958,000,000, a change of -584,000,000 (-12.9%).
  • Net income of 883,000,000 contributed positively to equity growth.
  • Dividend payments of 1,440,000,000 reduced retained earnings.
  • Share repurchases of 168,000,000 reduced equity.
  • Other comprehensive income decreased equity by 291,000,000.
  • Other factors increased equity by 432,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC883.00 Million +22.31%
Dividends Paid ZAC1.44 Billion -36.38%
Share Repurchases ZAC168.00 Million -4.24%
Other Comprehensive Income ZAC-291.00 Million -7.35%
Other Changes ZAC432.00 Million +10.91%
Total Change ZAC- -12.86%

Book Value vs Market Value Analysis

This analysis compares Alexander Forbes Grp Hldg 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: 232.08x
  • 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 442.04x to 232.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-03-31 ZAC1.64 ZAC725.00 x
2013-03-31 ZAC1.65 ZAC725.00 x
2014-03-31 ZAC4.12 ZAC725.00 x
2015-03-31 ZAC4.28 ZAC725.00 x
2016-03-31 ZAC4.57 ZAC725.00 x
2017-03-31 ZAC5.36 ZAC725.00 x
2018-03-31 ZAC4.71 ZAC725.00 x
2019-03-31 ZAC4.60 ZAC725.00 x
2020-03-31 ZAC3.93 ZAC725.00 x
2021-03-31 ZAC2.95 ZAC725.00 x
2022-03-31 ZAC3.00 ZAC725.00 x
2023-03-31 ZAC3.38 ZAC725.00 x
2024-03-31 ZAC3.54 ZAC725.00 x
2025-03-31 ZAC3.12 ZAC725.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alexander Forbes Grp Hldg 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): 22.31%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.63%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 118.63x
  • Recent ROE (22.31%) is above the historical average (8.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -6.50% -2.31% 0.03x 111.08x ZAC-345.20 Million
2013 -9.23% -2.90% 0.02x 134.32x ZAC-398.00 Million
2014 13.35% 8.97% 0.03x 52.14x ZAC170.70 Million
2015 4.73% 3.08% 0.03x 51.24x ZAC-282.00 Million
2016 12.35% 7.97% 0.03x 49.02x ZAC138.90 Million
2017 21.23% 19.32% 0.03x 42.67x ZAC774.90 Million
2018 3.99% 3.01% 0.03x 51.46x ZAC-361.00 Million
2019 5.81% 8.23% 0.01x 54.30x ZAC-241.10 Million
2020 -3.02% -3.61% 0.01x 58.69x ZAC-625.60 Million
2021 4.64% 4.58% 0.01x 85.42x ZAC-214.10 Million
2022 12.15% 11.79% 0.01x 90.96x ZAC87.70 Million
2023 15.80% 15.69% 0.01x 86.70x ZAC258.50 Million
2024 14.80% 13.28% 0.01x 93.28x ZAC217.80 Million
2025 22.31% 15.63% 0.01x 118.63x ZAC487.20 Million

Industry Comparison

This section compares Alexander Forbes Grp Hldg Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

  • Industry: Financial Conglomerates
  • Average net assets among peers: $83,588,162,293
  • Average return on equity (ROE) among peers: 15.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alexander Forbes Grp Hldg Ltd (AFH) ZAC4.01 Billion -6.50% 116.10x $5.49 Million
Old Mutual Ltd (OMU) $250.09 Billion 2.47% 0.00x $33.64 Million
Purple Capital Ltd (PPE) $551.40 Million 12.87% 0.53x $1.55 Million
Sygnia Ltd (SYG) $126.71 Million 30.36% 169.59x $2.97 Million