African Rainbow Capital Investments Ltd
African Rainbow Capital Investments Limited, an investment holding company, invests in a portfolio of listed and unlisted investments in South Africa, rest of Africa, and internationally. The company was founded in 2015 and is based in Ebene, Mauritius.
African Rainbow Capital Investments Ltd (AIL) - Net Assets
Latest net assets as of June 2024: ZAC18.58 Billion ZAC
Based on the latest financial reports, African Rainbow Capital Investments Ltd (AIL) has net assets worth ZAC18.58 Billion ZAC as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC18.58 Billion) and total liabilities (ZAC2.00 Million). 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 | ZAC18.58 Billion |
| % of Total Assets | 99.99% |
| Annual Growth Rate | 11.77% |
| 5-Year Change | 88.12% |
| 10-Year Change | N/A |
| Growth Volatility | 12.82 |
African Rainbow Capital Investments Ltd - Net Assets Trend (2017–2024)
This chart illustrates how African Rainbow Capital Investments 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 African Rainbow Capital Investments Ltd (2017–2024)
The table below shows the annual net assets of African Rainbow Capital Investments Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ZAC18.58 Billion | +39.96% |
| 2023-06-30 | ZAC13.28 Billion | +13.82% |
| 2022-06-30 | ZAC11.66 Billion | +16.63% |
| 2021-06-30 | ZAC10.00 Billion | +1.26% |
| 2020-06-30 | ZAC9.88 Billion | 0.00% |
| 2019-06-30 | ZAC9.88 Billion | +2.78% |
| 2018-06-30 | ZAC9.61 Billion | +12.68% |
| 2017-06-30 | ZAC8.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to African Rainbow Capital Investments 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 64030000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ZAC10.80 Billion | 58.11% |
| Other Comprehensive Income | ZAC8.43 Billion | 45.36% |
| Other Components | ZAC31.00 Million | 0.17% |
| Total Equity | ZAC18.58 Billion | 100.00% |
African Rainbow Capital Investments Ltd Competitors by Market Cap
The table below lists competitors of African Rainbow Capital Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrolimex Gas Corp JSC
VN:PGC
|
$33.35 Million |
|
Blue Lagoon Resources Inc
OTCQB:BLAGF
|
$33.35 Million |
|
PT Hexindo Adiperkasa Tbk
F:HX1A
|
$33.35 Million |
|
CastleNet Technology
TWO:8059
|
$33.36 Million |
|
Sunty Development Co Ltd
TW:3266
|
$33.34 Million |
|
Swelect Energy Systems Limited
NSE:SWELECTES
|
$33.33 Million |
|
Scottie Resources Corp
OTCQB:SCTSF
|
$33.31 Million |
|
Coreline Soft, Co., Ltd.
KQ:384470
|
$33.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in African Rainbow Capital Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,276,000,000 to 18,581,000,000, a change of 5,305,000,000 (40.0%).
- Net income of 2,294,000,000 contributed positively to equity growth.
- New share issuances of 750,000,000 increased equity.
- Other comprehensive income increased equity by 2,457,000,000.
- Other factors decreased equity by 196,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC2.29 Billion | +12.35% |
| Share Issuances | ZAC750.00 Million | +4.04% |
| Other Comprehensive Income | ZAC2.46 Billion | +13.22% |
| Other Changes | ZAC-196.00 Million | -1.05% |
| Total Change | ZAC- | 39.96% |
Book Value vs Market Value Analysis
This analysis compares African Rainbow Capital Investments 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: 70.89x
- 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 decreased from 113.27x to 70.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | ZAC8.56 | ZAC970.00 | x |
| 2018-06-30 | ZAC11.32 | ZAC970.00 | x |
| 2019-06-30 | ZAC9.50 | ZAC970.00 | x |
| 2020-06-30 | ZAC9.45 | ZAC970.00 | x |
| 2021-06-30 | ZAC8.03 | ZAC970.00 | x |
| 2022-06-30 | ZAC8.67 | ZAC970.00 | x |
| 2023-06-30 | ZAC9.78 | ZAC970.00 | x |
| 2024-06-30 | ZAC13.68 | ZAC970.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently African Rainbow Capital Investments 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): 12.35%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.33%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.00x
- Recent ROE (12.35%) is above the historical average (7.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.08% | 0.00% | 0.00x | 1.00x | ZAC-762.09 Million |
| 2018 | 7.02% | 273.74% | 0.03x | 1.00x | ZAC-286.52 Million |
| 2019 | 2.70% | 75.21% | 0.04x | 1.00x | ZAC-720.80 Million |
| 2020 | 1.25% | 30.83% | 0.04x | 1.00x | ZAC-864.80 Million |
| 2021 | 9.13% | 443.20% | 0.02x | 1.00x | ZAC-87.10 Million |
| 2022 | 11.48% | 70.70% | 0.16x | 1.00x | ZAC172.60 Million |
| 2023 | 14.95% | 85.71% | 0.17x | 1.00x | ZAC657.40 Million |
| 2024 | 12.35% | 93.33% | 0.13x | 1.00x | ZAC435.90 Million |
Industry Comparison
This section compares African Rainbow Capital Investments Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $865,105,412
- Average return on equity (ROE) among peers: 22.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| African Rainbow Capital Investments Ltd (AIL) | ZAC18.58 Billion | 1.08% | 0.00x | $33.34 Million |
| Astoria Investments Ltd (ARA) | $122.83 Million | -1.36% | 0.00x | $296.19K |
| Brait SE (BAT) | $970.83 Million | 29.75% | 0.90x | $4.70 Million |
| Coronation Fund Managers Ltd (CML) | $1.25 Billion | 15.72% | 12.91x | $9.80 Million |
| EPE Capital Partners Ltd (EPE) | $2.19 Billion | 22.60% | 0.09x | $934.65K |
| Huge Group Ltd (HUG) | $1.63 Billion | 4.93% | 0.13x | $110.97K |
| PSG Konsult Ltd (KST) | $469.73 Million | 19.54% | 1.04x | $17.21 Million |
| Mahube Infrastructure Ltd (MHB) | $585.99 Million | 2.04% | 0.00x | $155.64K |
| Ninety One PLC (N91) | $196.62 Million | 64.91% | 41.12x | $24.76 Million |
| Ninety One Ltd (NY1) | $367.60 Million | 44.59% | 29.25x | $24.39 Million |