Bowler Metcalf Ltd
Bowler Metcalf Limited manufactures and sells rigid plastic packaging in South Africa. The company operates through the Plastic Packaging and Property Investment segments. It also invests in properties for letting to the manufacturing industry. The company was incorporated in 1972 and is headquartered in Cape Town, South Africa.
Bowler Metcalf Ltd (BCF) - Net Assets
Latest net assets as of December 2025: ZAC915.00 Million ZAC
Based on the latest financial reports, Bowler Metcalf Ltd (BCF) has net assets worth ZAC915.00 Million ZAC as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.07 Billion) and total liabilities (ZAC155.70 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 | ZAC915.00 Million |
| % of Total Assets | 85.46% |
| Annual Growth Rate | 7.27% |
| 5-Year Change | 19.52% |
| 10-Year Change | 25.28% |
| Growth Volatility | 12.16 |
Bowler Metcalf Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Bowler Metcalf 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 Bowler Metcalf Ltd (2008–2025)
The table below shows the annual net assets of Bowler Metcalf Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC875.80 Million | +9.21% |
| 2024-06-30 | ZAC801.93 Million | +10.13% |
| 2023-06-30 | ZAC728.18 Million | +3.38% |
| 2022-06-30 | ZAC704.35 Million | -3.88% |
| 2021-06-30 | ZAC732.76 Million | +7.60% |
| 2020-06-30 | ZAC681.02 Million | +0.30% |
| 2019-06-30 | ZAC679.00 Million | -11.37% |
| 2018-06-30 | ZAC766.12 Million | +15.86% |
| 2017-06-30 | ZAC661.25 Million | -5.41% |
| 2016-06-30 | ZAC699.05 Million | +4.69% |
| 2015-06-30 | ZAC667.75 Million | +45.21% |
| 2014-06-30 | ZAC459.85 Million | +8.37% |
| 2013-06-30 | ZAC424.34 Million | -2.27% |
| 2012-06-30 | ZAC434.21 Million | +6.54% |
| 2011-06-30 | ZAC407.55 Million | +17.09% |
| 2010-06-30 | ZAC348.07 Million | +15.12% |
| 2009-06-30 | ZAC302.35 Million | +13.81% |
| 2008-06-30 | ZAC265.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bowler Metcalf 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 258.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC910.47 Million | 103.96% |
| Total Equity | ZAC875.80 Million | 100.00% |
Bowler Metcalf Ltd Competitors by Market Cap
The table below lists competitors of Bowler Metcalf Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RECORDATI
BE:RER1
|
$493.65K |
|
SUNCOR ENERGY (SM3.SG)
STU:SM3
|
$493.80K |
|
Tautachrome Inc
PINK:TTCM
|
$493.84K |
|
PGIM Short Duration High Yield ETF
BATS:PSH
|
$494.20K |
|
Lazydays Holdings Inc
NASDAQ:GORV
|
$492.91K |
|
ALFA LAVAL - Dusseldorf Stock Exchang
DU:AA9
|
$492.56K |
|
Vienna International Airport
STU:FLW1
|
$492.29K |
|
BEACN Wizardry & Magic Inc
V:BECN
|
$492.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bowler Metcalf Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 801,926,000 to 875,797,000, a change of 73,871,000 (9.2%).
- Net income of 121,916,000 contributed positively to equity growth.
- Dividend payments of 43,085,000 reduced retained earnings.
- Share repurchases of 4,960,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC121.92 Million | +13.92% |
| Dividends Paid | ZAC43.09 Million | -4.92% |
| Share Repurchases | ZAC4.96 Million | -0.57% |
| Total Change | ZAC- | 9.21% |
Book Value vs Market Value Analysis
This analysis compares Bowler Metcalf 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: 111.60x
- 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 481.43x to 111.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | ZAC2.96 | ZAC1425.00 | x |
| 2009-06-30 | ZAC3.54 | ZAC1425.00 | x |
| 2010-06-30 | ZAC4.22 | ZAC1425.00 | x |
| 2011-06-30 | ZAC4.90 | ZAC1425.00 | x |
| 2012-06-30 | ZAC5.18 | ZAC1425.00 | x |
| 2013-06-30 | ZAC5.21 | ZAC1425.00 | x |
| 2014-06-30 | ZAC5.60 | ZAC1425.00 | x |
| 2015-06-30 | ZAC8.10 | ZAC1425.00 | x |
| 2016-06-30 | ZAC8.44 | ZAC1425.00 | x |
| 2017-06-30 | ZAC7.99 | ZAC1425.00 | x |
| 2018-06-30 | ZAC9.34 | ZAC1425.00 | x |
| 2019-06-30 | ZAC8.31 | ZAC1425.00 | x |
| 2020-06-30 | ZAC9.17 | ZAC1425.00 | x |
| 2021-06-30 | ZAC10.20 | ZAC1425.00 | x |
| 2022-06-30 | ZAC9.90 | ZAC1425.00 | x |
| 2023-06-30 | ZAC10.49 | ZAC1425.00 | x |
| 2024-06-30 | ZAC11.66 | ZAC1425.00 | x |
| 2025-06-30 | ZAC12.77 | ZAC1425.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bowler Metcalf 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): 13.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.89%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.18x
- Recent ROE (13.92%) is below the historical average (16.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 18.98% | 12.14% | 1.13x | 1.38x | ZAC23.31 Million |
| 2009 | 24.42% | 15.78% | 1.18x | 1.31x | ZAC42.68 Million |
| 2010 | 19.65% | 12.87% | 1.22x | 1.25x | ZAC32.77 Million |
| 2011 | 19.64% | 13.11% | 1.21x | 1.24x | ZAC38.03 Million |
| 2012 | 13.84% | 9.02% | 1.21x | 1.27x | ZAC16.16 Million |
| 2013 | 12.93% | 8.44% | 1.27x | 1.21x | ZAC12.43 Million |
| 2014 | 13.09% | 14.22% | 0.76x | 1.20x | ZAC14.22 Million |
| 2015 | 35.24% | 47.25% | 0.65x | 1.15x | ZAC168.53 Million |
| 2016 | 9.38% | 13.13% | 0.61x | 1.18x | ZAC-4.33 Million |
| 2017 | -0.16% | -0.18% | 0.77x | 1.15x | ZAC-67.20 Million |
| 2018 | 18.31% | 24.30% | 0.65x | 1.15x | ZAC63.67 Million |
| 2019 | 31.21% | 39.09% | 0.72x | 1.11x | ZAC144.01 Million |
| 2020 | 12.11% | 14.76% | 0.73x | 1.13x | ZAC14.38 Million |
| 2021 | 12.48% | 14.40% | 0.77x | 1.13x | ZAC18.21 Million |
| 2022 | 11.74% | 12.28% | 0.83x | 1.15x | ZAC12.25 Million |
| 2023 | 9.43% | 9.58% | 0.85x | 1.16x | ZAC-4.12 Million |
| 2024 | 13.38% | 12.47% | 0.94x | 1.14x | ZAC27.13 Million |
| 2025 | 13.92% | 12.89% | 0.92x | 1.18x | ZAC34.34 Million |
Industry Comparison
This section compares Bowler Metcalf Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,305,849,000
- Average return on equity (ROE) among peers: 51.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bowler Metcalf Ltd (BCF) | ZAC915.00 Million | 18.98% | 0.17x | $493.42K |
| Mpact Limited (MPT) | $4.02 Billion | 9.73% | 1.17x | $1.64 Million |
| Nampak (NPK) | $2.80 Billion | 123.76% | 2.93x | $2.03 Million |
| Transpaco Ltd (TPC) | $96.75 Million | 20.67% | 0.78x | $577.01K |