Alexander Forbes Grp Hldg Ltd (AFH) - Net Assets

Latest as of March 2025: ZAC4.01 Billion ZAC ≈ $2.13 Million USD

Based on the latest financial reports, Alexander Forbes Grp Hldg Ltd (AFH) has net assets worth ZAC4.01 Billion ZAC (≈ $2.13 Million USD) 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 ≈ $249.55 Million USD) and total liabilities (ZAC465.55 Billion ≈ $247.41 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. Check Alexander Forbes Grp Hldg Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Alexander Forbes Grp Hldg Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Alexander Forbes Grp Hldg Ltd stock valuation.

Year	Net Assets	Change
2025-03-31	ZAC4.01 Billion ≈ $2.13 Million	-12.64%
2024-03-31	ZAC4.59 Billion ≈ $2.44 Million	+2.48%
2023-03-31	ZAC4.48 Billion ≈ $2.38 Million	+9.08%
2022-03-31	ZAC4.11 Billion ≈ $2.18 Million	+1.94%
2021-03-31	ZAC4.03 Billion ≈ $2.14 Million	-21.07%
2020-03-31	ZAC5.10 Billion ≈ $2.71 Million	-15.65%
2019-03-31	ZAC6.05 Billion ≈ $3.22 Million	-3.92%
2018-03-31	ZAC6.30 Billion ≈ $3.35 Million	-11.55%
2017-03-31	ZAC7.12 Billion ≈ $3.78 Million	+15.64%
2016-03-31	ZAC6.16 Billion ≈ $3.27 Million	+11.12%
2015-03-31	ZAC5.54 Billion ≈ $2.94 Million	+4.47%
2014-03-31	ZAC5.30 Billion ≈ $2.82 Million	+134.23%
2013-03-31	ZAC2.26 Billion ≈ $1.20 Million	-0.57%
2012-03-31	ZAC2.28 Billion ≈ $1.21 Million	--

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.

Company	Market Cap
Ichitan Group Public Company Limited BK:ICHI	$506.50 Million
Yext Inc NYSE:YEXT	$506.50 Million
Husqvarna AB (publ) ST:HUSQ-A	$506.68 Million
Eastern & Oriental Bhd KLSE:3417	$506.84 Million
Shenzhen Liantronics SHE:300269	$506.22 Million
Dada Nexus Ltd NASDAQ:DADA	$506.16 Million
Fenix Outdoor International AG ST:FOI-B	$506.15 Million
Shanxi C&Y Pharmaceutical Group Co Ltd SHE:300254	$505.94 Million

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: 241.04x
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 459.11x to 241.04x 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	ZAC753.00	x
2013-03-31	ZAC1.65	ZAC753.00	x
2014-03-31	ZAC4.12	ZAC753.00	x
2015-03-31	ZAC4.28	ZAC753.00	x
2016-03-31	ZAC4.57	ZAC753.00	x
2017-03-31	ZAC5.36	ZAC753.00	x
2018-03-31	ZAC4.71	ZAC753.00	x
2019-03-31	ZAC4.60	ZAC753.00	x
2020-03-31	ZAC3.93	ZAC753.00	x
2021-03-31	ZAC2.95	ZAC753.00	x
2022-03-31	ZAC3.00	ZAC753.00	x
2023-03-31	ZAC3.38	ZAC753.00	x
2024-03-31	ZAC3.54	ZAC753.00	x
2025-03-31	ZAC3.12	ZAC753.00	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	$506.43 Million
Old Mutual Ltd (OMU)	$250.09 Billion	2.47%	0.00x	$3.04 Billion
Purple Capital Ltd (PPE)	$551.40 Million	12.87%	0.53x	$141.87 Million
Sygnia Ltd (SYG)	$126.71 Million	30.36%	169.59x	$264.87 Million

About Alexander Forbes Grp Hldg Ltd

JSE:AFH South Africa Financial Conglomerates

Market Cap

$506.43 Million

ZAC952.93 Billion ZAC

Market Cap Rank

#12472 Global

#92 in South Africa

Share Price

ZAC753.00

Change (1 day)

+5.46%

52-Week Range

ZAC650.00 - ZAC933.00

All Time High

ZAC933.00