Barloworld Ltd

JSE:BAW South Africa Specialty Industrial Machinery
Market Cap
$1.17 Billion
ZAC2.21 Trillion ZAC
Market Cap Rank
#27837 Global
#42 in South Africa
Share Price
ZAC11830.00
Change (1 day)
+0.00%
52-Week Range
ZAC10063.00 - ZAC12049.00
All Time High
ZAC12931.26
About

Barloworld Limited operates as an industrial processing, distribution, and services company in Southern Africa, the United Kingdom, Australia, Russia, and Mongolia. It operates through the Equipment Southern Africa, Ingrain, Equipment Mongolia, Equipment Russia, and Other segments. The company offers industrial equipment and services comprising earthmoving equipment, industrial services, and powe… Read more

Barloworld Ltd (BAW) - Net Assets

Latest net assets as of September 2025: ZAC17.38 Billion ZAC

Based on the latest financial reports, Barloworld Ltd (BAW) has net assets worth ZAC17.38 Billion ZAC as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC44.31 Billion) and total liabilities (ZAC26.93 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 ZAC17.38 Billion
% of Total Assets 39.23%
Annual Growth Rate 75.45%
5-Year Change -19.92%
10-Year Change -11.67%
Growth Volatility 23835271.86

Barloworld Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Barloworld 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 Barloworld Ltd (1999–2025)

The table below shows the annual net assets of Barloworld Ltd from 1999 to 2025.

Year Net Assets Change
2025-09-30 ZAC17.38 Billion +4.26%
2024-09-30 ZAC16.67 Billion -0.88%
2023-09-30 ZAC16.82 Billion -12.31%
2022-09-30 ZAC19.18 Billion -11.63%
2021-09-30 ZAC21.70 Billion +9.90%
2020-09-30 ZAC19.75 Billion -17.35%
2019-09-30 ZAC23.89 Billion +5.03%
2018-09-30 ZAC22.75 Billion +8.97%
2017-09-30 ZAC20.88 Billion +6.09%
2016-09-30 ZAC19.68 Billion -1.81%
2015-09-30 ZAC20.04 Billion +14.62%
2014-09-30 ZAC17.49 Billion +10.40%
2013-09-30 ZAC15.84 Billion +20.29%
2012-09-30 ZAC13.17 Billion +4.07%
2011-09-30 ZAC12.65 Billion +16.87%
2010-09-30 ZAC10.83 Billion -10.31%
2009-09-30 ZAC12.07 Billion -7.39%
2008-09-30 ZAC13.03 Billion +16.15%
2007-09-30 ZAC11.22 Billion -21.86%
2006-09-30 ZAC14.36 Billion +18.88%
2005-09-30 ZAC12.08 Billion +1.72%
2004-09-30 ZAC11.88 Billion +15.07%
2003-09-30 ZAC10.32 Billion -14.18%
2002-09-30 ZAC12.03 Billion +123943416.80%
2001-09-30 ZAC9.70K +14.76%
2000-09-30 ZAC8.45K +8.41%
1999-09-30 ZAC7.80K --

Equity Component Analysis

This analysis shows how different components contribute to Barloworld 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 240741988.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings ZAC13.24 Billion 77.79%
Common Stock ZAC10.00 Million 0.06%
Other Comprehensive Income ZAC5.99 Billion 35.22%
Total Equity ZAC17.02 Billion 100.00%

Barloworld Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 16,359,000,000 to 17,016,000,000, a change of 657,000,000 (4.0%).
  • Net income of 1,446,000,000 contributed positively to equity growth.
  • Dividend payments of 773,000,000 reduced retained earnings.
  • Share repurchases of 117,000,000 reduced equity.
  • Other comprehensive income decreased equity by 7,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC1.45 Billion +8.5%
Dividends Paid ZAC773.00 Million -4.54%
Share Repurchases ZAC117.00 Million -0.69%
Other Comprehensive Income ZAC-7.00 Million -0.04%
Other Changes ZAC108.00 Million +0.63%
Total Change ZAC- 4.02%

Book Value vs Market Value Analysis

This analysis compares Barloworld 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: 129.42x
  • 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 331151103.76x to 129.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-09-30 ZAC0.00 ZAC11830.00 x
2000-09-30 ZAC0.00 ZAC11830.00 x
2001-09-30 ZAC0.00 ZAC11830.00 x
2002-09-30 ZAC55.40 ZAC11830.00 x
2003-09-30 ZAC47.48 ZAC11830.00 x
2004-09-30 ZAC54.62 ZAC11830.00 x
2005-09-30 ZAC53.90 ZAC11830.00 x
2006-09-30 ZAC64.78 ZAC11830.00 x
2007-09-30 ZAC53.97 ZAC11830.00 x
2008-09-30 ZAC62.00 ZAC11830.00 x
2009-09-30 ZAC56.45 ZAC11830.00 x
2010-09-30 ZAC50.40 ZAC11830.00 x
2011-09-30 ZAC58.37 ZAC11830.00 x
2012-09-30 ZAC60.63 ZAC11830.00 x
2013-09-30 ZAC72.55 ZAC11830.00 x
2014-09-30 ZAC79.38 ZAC11830.00 x
2015-09-30 ZAC91.40 ZAC11830.00 x
2016-09-30 ZAC89.36 ZAC11830.00 x
2017-09-30 ZAC95.59 ZAC11830.00 x
2018-09-30 ZAC104.80 ZAC11830.00 x
2019-09-30 ZAC111.59 ZAC11830.00 x
2020-09-30 ZAC97.36 ZAC11830.00 x
2021-09-30 ZAC106.93 ZAC11830.00 x
2022-09-30 ZAC96.37 ZAC11830.00 x
2023-09-30 ZAC88.16 ZAC11830.00 x
2024-09-30 ZAC87.07 ZAC11830.00 x
2025-09-30 ZAC91.41 ZAC11830.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Barloworld 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): 8.50%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.83%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 2.60x
  • Recent ROE (8.50%) is below the historical average (11.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 20.80% 7.79% 1.28x 2.09x ZAC782.60
2000 18.40% 6.61% 1.31x 2.12x ZAC663.20
2001 7.57% 2.46% 1.27x 2.42x ZAC-220.70
2002 14.16% 4.42% 1.33x 2.41x ZAC467.60 Million
2003 12.89% 3.58% 1.46x 2.46x ZAC277.80 Million
2004 15.92% 4.84% 1.32x 2.50x ZAC660.60 Million
2005 19.03% 5.52% 1.38x 2.50x ZAC1.03 Billion
2006 20.09% 6.43% 1.20x 2.61x ZAC1.38 Billion
2007 22.97% 5.92% 1.41x 2.75x ZAC1.44 Billion
2008 9.70% 2.66% 1.38x 2.64x ZAC-38.80 Million
2009 5.66% 1.59% 1.40x 2.54x ZAC-514.30 Million
2010 -0.07% -0.02% 1.59x 2.43x ZAC-1.07 Billion
2011 8.72% 2.17% 1.61x 2.50x ZAC-158.90 Million
2012 12.11% 2.66% 1.64x 2.78x ZAC272.10 Million
2013 11.00% 2.60% 1.60x 2.65x ZAC154.30 Million
2014 12.69% 3.45% 1.41x 2.61x ZAC454.80 Million
2015 8.82% 2.73% 1.30x 2.48x ZAC-229.60 Million
2016 9.94% 2.83% 1.45x 2.43x ZAC-11.20 Million
2017 8.10% 2.65% 1.34x 2.28x ZAC-384.50 Million
2018 17.30% 6.06% 1.29x 2.22x ZAC1.62 Billion
2019 7.31% 3.04% 1.20x 2.00x ZAC-635.30 Million
2020 -12.69% -4.98% 1.04x 2.45x ZAC-4.43 Billion
2021 12.87% 8.08% 0.65x 2.47x ZAC613.80 Million
2022 10.80% 5.19% 0.72x 2.88x ZAC151.10 Million
2023 13.42% 4.93% 0.94x 2.91x ZAC566.30 Million
2024 11.61% 4.53% 1.02x 2.52x ZAC264.10 Million
2025 8.50% 3.83% 0.85x 2.60x ZAC-255.60 Million

Industry Comparison

This section compares Barloworld Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $950,219,000
  • Average return on equity (ROE) among peers: -17.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Barloworld Ltd (BAW) ZAC17.38 Billion 20.80% 1.55x $11.72 Million
enX Group Ltd (ENX) $950.22 Million -17.72% 0.64x $341.21K