aReit Prop Ltd

JSE:APO South Africa REIT - Diversified
Market Cap
$158.90K
ZAC299.00 Million ZAC
Market Cap Rank
#44040 Global
#190 in South Africa
Share Price
ZAC2.99
Change (1 day)
+0.00%
52-Week Range
ZAC2.59 - ZAC2.99
All Time High
ZAC300.00
About

aReit Prop Ltd operates in various business sectors.

aReit Prop Ltd (APO) - Net Assets

Latest net assets as of June 2023: ZAC933.81 Million ZAC

Based on the latest financial reports, aReit Prop Ltd (APO) has net assets worth ZAC933.81 Million ZAC as of June 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC934.63 Million) and total liabilities (ZAC828.00K). 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 ZAC933.81 Million
% of Total Assets 99.91%
Annual Growth Rate 1.05%
5-Year Change N/A
10-Year Change N/A
Growth Volatility N/A

aReit Prop Ltd - Net Assets Trend (2021–2022)

This chart illustrates how aReit Prop 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 aReit Prop Ltd (2021–2022)

The table below shows the annual net assets of aReit Prop Ltd from 2021 to 2022.

Year Net Assets Change
2022-12-31 ZAC923.52 Million +1.05%
2021-12-31 ZAC913.92 Million --

Equity Component Analysis

This analysis shows how different components contribute to aReit Prop 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 960323900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Retained Earnings ZAC6.52 Million 0.71%
Common Stock ZAC917.00 Million 99.29%
Total Equity ZAC923.52 Million 100.00%

aReit Prop Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 913,918,100 to 923,521,000, a change of 9,602,900 (1.1%).
  • Net income of 39,597,993 contributed positively to equity growth.
  • Other factors decreased equity by 29,995,093.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income ZAC39.60 Million +4.29%
Other Changes ZAC-30.00 Million -3.25%
Total Change ZAC- 1.05%

Book Value vs Market Value Analysis

This analysis compares aReit Prop 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: 0.32x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 ZAC10.42 ZAC2.99 x
2022-12-31 ZAC9.24 ZAC2.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently aReit Prop 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): 4.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 60.50%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.00x
  • Recent ROE (4.29%) is above the historical average (1.64%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 -1.01% 0.00% 0.00x 1.00x ZAC-100.64 Million
2022 4.29% 60.50% 0.07x 1.00x ZAC-52.75 Million

Industry Comparison

This section compares aReit Prop Ltd's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $10,305,665,667
  • Average return on equity (ROE) among peers: -4.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
aReit Prop Ltd (APO) ZAC933.81 Million -1.01% 0.00x $17.94K
Attacq (ATT) $13.90 Billion 4.53% 0.97x $6.06 Million
Burstone Group Limited (BTN) $14.65 Billion 11.65% 1.13x $3.98 Million
Emira Property Fund (EMI) $7.35 Billion 6.36% 0.81x $3.32 Million
Growthpoint Properties Ltd (GRT) $2.69 Billion -37.36% 22.82x $30.34 Million
Oasis Crescent Property Fund (OAS) $1.08 Billion 7.96% 0.04x $388.09K
Octodec (OCT) $6.42 Billion 3.37% 0.78x $2.07 Million
Redefine Properties Ltd (RDF) $38.83 Billion -42.78% 1.12x $25.15 Million
Rebosis Property Fund Ltd (REA) $3.19 Billion -9.14% 3.24x $91.53K
Rebosis (REB) $4.64 Billion 14.78% 0.69x $91.53K