Brait SE (BAT) - Net Assets

Latest as of September 2025: ZAC12.38 Billion ZAC ≈ $6.58 Million USD

Based on the latest financial reports, Brait SE (BAT) has net assets worth ZAC12.38 Billion ZAC (≈ $6.58 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC15.15 Billion ≈ $8.05 Million USD) and total liabilities (ZAC2.77 Billion ≈ $1.47 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 asset resilience ratio of Brait SE to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC12.38 Billion
% of Total Assets 81.72%
Annual Growth Rate 10.54%
5-Year Change 13.28%
10-Year Change -83.09%
Growth Volatility 125.24

Brait SE - Net Assets Trend (2002–2025)

This chart illustrates how Brait SE's net assets have evolved over time, based on quarterly financial data. Also explore Brait SE assets under control for the complete picture of this company's asset base.

Annual Net Assets for Brait SE (2002–2025)

The table below shows the annual net assets of Brait SE from 2002 to 2025. For live valuation and market cap data, see how much is Brait SE worth.

Year Net Assets Change
2025-03-31 ZAC11.82 Billion
≈ $6.28 Million		 +37.26%
2024-03-31 ZAC8.61 Billion
≈ $4.58 Million		 -7.68%
2023-03-31 ZAC9.32 Billion
≈ $4.96 Million		 -15.63%
2022-03-31 ZAC11.05 Billion
≈ $5.87 Million		 +5.95%
2021-03-31 ZAC10.43 Billion
≈ $5.54 Million		 -4.38%
2020-03-31 ZAC10.91 Billion
≈ $5.80 Million		 -44.64%
2019-03-31 ZAC19.71 Billion
≈ $10.47 Million		 -27.34%
2018-03-31 ZAC27.12 Billion
≈ $14.42 Million		 -31.47%
2017-03-31 ZAC39.58 Billion
≈ $21.03 Million		 -43.35%
2016-03-31 ZAC69.87 Billion
≈ $37.13 Million		 +69.05%
2015-03-31 ZAC41.33 Billion
≈ $21.97 Million		 +126.97%
2014-03-31 ZAC18.21 Billion
≈ $9.68 Million		 +22.00%
2013-03-31 ZAC14.93 Billion
≈ $7.93 Million		 +44.63%
2012-03-31 ZAC10.32 Billion
≈ $5.49 Million		 +592.13%
2011-03-31 ZAC1.49 Billion
≈ $792.50K		 +7.86%
2010-03-31 ZAC1.38 Billion
≈ $734.73K		 -9.28%
2009-03-31 ZAC1.52 Billion
≈ $809.93K		 +0.34%
2008-03-31 ZAC1.52 Billion
≈ $807.16K		 +18.89%
2007-03-31 ZAC1.28 Billion
≈ $678.89K		 +31.58%
2006-03-31 ZAC970.83 Million
≈ $515.94K		 +35.00%
2005-03-31 ZAC719.15 Million
≈ $382.19K		 +28.89%
2004-03-31 ZAC557.96 Million
≈ $296.53K		 -35.02%
2003-03-31 ZAC858.72 Million
≈ $456.37K		 -27.23%
2002-03-31 ZAC1.18 Billion
≈ $627.14K		 --

Equity Component Analysis

This analysis shows how different components contribute to Brait SE'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 1032900000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock ZAC13.63 Billion 115.34%
Other Comprehensive Income ZAC8.52 Billion 72.07%
Total Equity ZAC11.82 Billion 100.00%

Brait SE Competitors by Market Cap

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

Company Market Cap
Shandong Longda Meat Foodstuff Co Ltd
SHE:002726
 $451.64 Million
Avax S.A
AT:AVAX
 $451.64 Million
Chung Hwa Pulp Corp
TW:1905
 $451.69 Million
Ooh!Media Ltd
AU:OML
 $451.75 Million
Fujian SBS Zipper Science Tech
SHE:002098
 $451.57 Million
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
 $451.51 Million
Weltrend Semiconductor Inc
TW:2436
 $451.46 Million
FONDUL PRO.GDR REGS LN-85
F:FP4G
 $451.42 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 8,609,000,000 to 11,817,000,000, a change of 3,208,000,000 (37.3%).
  • Net income of 153,000,000 contributed positively to equity growth.
  • New share issuances of 1,500,000,000 increased equity.
  • Other comprehensive income increased equity by 579,000,000.
  • Other factors increased equity by 976,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC153.00 Million +1.29%
Share Issuances ZAC1.50 Billion +12.69%
Other Comprehensive Income ZAC579.00 Million +4.9%
Other Changes ZAC976.00 Million +8.26%
Total Change ZAC- 37.26%

Book Value vs Market Value Analysis

This analysis compares Brait SE'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: 54.40x
  • 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 increased from 23.43x to 54.40x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-03-31 ZAC9.39 ZAC220.00 x
2003-03-31 ZAC6.87 ZAC220.00 x
2004-03-31 ZAC4.27 ZAC220.00 x
2005-03-31 ZAC5.22 ZAC220.00 x
2006-03-31 ZAC6.49 ZAC220.00 x
2007-03-31 ZAC8.16 ZAC220.00 x
2008-03-31 ZAC10.20 ZAC220.00 x
2009-03-31 ZAC10.28 ZAC220.00 x
2010-03-31 ZAC9.26 ZAC220.00 x
2011-03-31 ZAC9.39 ZAC220.00 x
2012-03-31 ZAC18.56 ZAC220.00 x
2013-03-31 ZAC29.50 ZAC220.00 x
2014-03-31 ZAC35.78 ZAC220.00 x
2015-03-31 ZAC80.49 ZAC220.00 x
2016-03-31 ZAC130.97 ZAC220.00 x
2017-03-31 ZAC53.29 ZAC220.00 x
2018-03-31 ZAC53.40 ZAC220.00 x
2019-03-31 ZAC38.80 ZAC220.00 x
2020-03-31 ZAC19.14 ZAC220.00 x
2021-03-31 ZAC7.90 ZAC220.00 x
2022-03-31 ZAC8.37 ZAC220.00 x
2023-03-31 ZAC7.06 ZAC220.00 x
2024-03-31 ZAC6.52 ZAC220.00 x
2025-03-31 ZAC4.04 ZAC220.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Brait SE 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): 1.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.84%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.25x
  • Recent ROE (1.29%) is above the historical average (-0.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -7.29% -31.02% 0.10x 2.30x ZAC-204.08 Million
2003 -15.63% -149.12% 0.07x 1.55x ZAC-220.05 Million
2004 4.39% 9.63% 0.32x 1.44x ZAC-31.29 Million
2005 29.82% 75.33% 0.25x 1.61x ZAC140.77 Million
2006 31.00% 105.62% 0.15x 1.98x ZAC195.64 Million
2007 28.73% 65.44% 0.23x 1.91x ZAC227.75 Million
2008 25.88% 144.17% 0.11x 1.57x ZAC241.14 Million
2009 10.93% 48.19% 0.14x 1.58x ZAC14.20 Million
2010 13.42% 85.93% 0.10x 1.60x ZAC47.35 Million
2011 11.72% 74.48% 0.11x 1.44x ZAC25.68 Million
2012 25.26% 92.28% 0.24x 1.14x ZAC1.57 Billion
2013 20.18% 95.86% 0.21x 1.01x ZAC1.52 Billion
2014 14.34% 95.43% 0.15x 1.01x ZAC790.90 Million
2015 56.45% 99.84% 0.56x 1.00x ZAC19.20 Billion
2016 31.71% 98.10% 0.29x 1.11x ZAC15.17 Billion
2017 -40.06% 0.00% -0.33x 1.21x ZAC-19.81 Billion
2018 -37.40% 0.00% -0.25x 1.45x ZAC-12.86 Billion
2019 -57.16% 0.00% -0.32x 1.65x ZAC-13.24 Billion
2020 -146.29% 0.00% -0.68x 2.05x ZAC-17.05 Billion
2021 4.28% 39.26% 0.07x 1.60x ZAC-597.20 Million
2022 5.65% 57.51% 0.08x 1.25x ZAC-481.30 Million
2023 -9.95% 0.00% -0.04x 1.34x ZAC-1.86 Billion
2024 -1.99% -55.88% 0.03x 1.42x ZAC-1.03 Billion
2025 1.29% 14.84% 0.07x 1.25x ZAC-1.03 Billion

Industry Comparison

This section compares Brait SE's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $2,356,653,136
  • Average return on equity (ROE) among peers: 23.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Brait SE (BAT) ZAC12.38 Billion -7.29% 0.22x $451.62 Million
African Rainbow Capital Investments Ltd (AIL) $9.88 Billion 1.25% 0.00x $782.54 Million
Astoria Investments Ltd (ARA) $122.83 Million -1.36% 0.00x $29.62 Million
Coronation Fund Managers Ltd (CML) $2.07 Billion 30.87% 30.52x $915.61 Million
EPE Capital Partners Ltd (EPE) $1.72 Billion 0.27% 0.10x $92.24 Million
Huge Group Ltd (HUG) $1.55 Billion 33.35% 0.10x $13.20 Million
PSG Konsult Ltd (KST) $4.73 Billion 20.09% 17.66x $1.87 Billion
Mahube Infrastructure Ltd (MHB) $592.21 Million 6.67% 0.01x $17.59 Million
Ninety One PLC (N91) $195.64 Million 71.46% 43.99x $1.63 Billion
Ninety One Ltd (NY1) $349.90 Million 46.81% 29.90x $812.58 Million

About Brait SE

JSE:BAT South Africa Asset Management
Market Cap
$451.62 Million
ZAC849.79 Billion ZAC
Market Cap Rank
#13075 Global
#100 in South Africa
Share Price
ZAC220.00
Change (1 day)
+0.92%
52-Week Range
ZAC194.00 - ZAC240.00
All Time High
ZAC11942.93
Categories
Companies in South Africa Asset Management Banking & Financial
About

Brait PLC, an investment holding company, invests in privately owned business. Its primary investment portfolio includes Virgin Active, Premier, and New Look brands. The company invest in health clubs under Virgin Active brand in South Africa, the United Kingdom, Italy, Australia, Namibia, Botswana, Thailand, and Singapore; Premier which manufactures baking and milling, sugar confectionary, and h… Read more