Capital Appreciation Ltd (CTA) - Net Assets

Latest as of March 2025: ZAC1.53 Billion ZAC ≈ $815.75K USD

Based on the latest financial reports, Capital Appreciation Ltd (CTA) has net assets worth ZAC1.53 Billion ZAC (≈ $815.75K USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.86 Billion ≈ $989.04K USD) and total liabilities (ZAC326.06 Million ≈ $173.28K 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 Capital Appreciation Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC1.53 Billion
% of Total Assets 82.48%
Annual Growth Rate 4.83%
5-Year Change 11.56%
10-Year Change N/A
Growth Volatility 11.13

Capital Appreciation Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Capital Appreciation Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CTA total assets for the complete picture of this company's asset base.

Annual Net Assets for Capital Appreciation Ltd (2016–2025)

The table below shows the annual net assets of Capital Appreciation Ltd from 2016 to 2025. For live valuation and market cap data, see Capital Appreciation Ltd stock valuation.

Year Net Assets Change
2025-03-31 ZAC1.53 Billion
≈ $815.75K		 -2.97%
2024-03-31 ZAC1.58 Billion
≈ $840.72K		 +5.79%
2023-03-31 ZAC1.50 Billion
≈ $794.69K		 +0.79%
2022-03-31 ZAC1.48 Billion
≈ $788.47K		 +7.83%
2021-03-31 ZAC1.38 Billion
≈ $731.22K		 +5.11%
2020-03-31 ZAC1.31 Billion
≈ $695.67K		 -9.54%
2019-03-31 ZAC1.45 Billion
≈ $769.07K		 +3.94%
2018-03-31 ZAC1.39 Billion
≈ $739.93K		 +33.51%
2017-03-31 ZAC1.04 Billion
≈ $554.21K		 +3.91%
2016-03-31 ZAC1.00 Billion
≈ $533.37K		 --

Equity Component Analysis

This analysis shows how different components contribute to Capital Appreciation 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 2324.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC537.22 Million 35.03%
Common Stock ZAC976.46 Million 63.68%
Other Components ZAC19.70 Million 1.29%
Total Equity ZAC1.53 Billion 100.00%

Capital Appreciation Ltd Competitors by Market Cap

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

Company Market Cap
Black Mammoth Metals Corp
V:BMM
 $113.36 Million
5paisa Capital Ltd
NSE:5PAISA
 $113.39 Million
LBG MEDIA PLC LS -001
F:S83
 $113.42 Million
Tander Inversiones SOCIMI SA
MC:YTAN
 $113.43 Million
Western Carriers India Ltd
NSE:WCIL
 $113.27 Million
Supreme Cable Manufacturing Corp
JK:SCCO
 $113.24 Million
Singha Estate Public Company Limited
BK:S-R
 $113.22 Million
Creepy Jar SA
WAR:CRJ
 $113.18 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,580,202,000 to 1,533,376,000, a change of -46,826,000 (-3.0%).
  • Net income of 207,064,000 contributed positively to equity growth.
  • Dividend payments of 120,748,000 reduced retained earnings.
  • Share repurchases of 41,867,000 reduced equity.
  • New share issuances of 6,963,000 increased equity.
  • Other comprehensive income decreased equity by 45,717,000.
  • Other factors decreased equity by 52,521,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC207.06 Million +13.5%
Dividends Paid ZAC120.75 Million -7.87%
Share Repurchases ZAC41.87 Million -2.73%
Share Issuances ZAC6.96 Million +0.45%
Other Comprehensive Income ZAC-45.72 Million -2.98%
Other Changes ZAC-52.52 Million -3.43%
Total Change ZAC- -2.96%

Book Value vs Market Value Analysis

This analysis compares Capital Appreciation 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: 147.87x
  • 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 229.17x to 147.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-03-31 ZAC0.80 ZAC184.00 x
2017-03-31 ZAC0.83 ZAC184.00 x
2018-03-31 ZAC0.91 ZAC184.00 x
2019-03-31 ZAC0.95 ZAC184.00 x
2020-03-31 ZAC0.96 ZAC184.00 x
2021-03-31 ZAC1.11 ZAC184.00 x
2022-03-31 ZAC1.15 ZAC184.00 x
2023-03-31 ZAC1.13 ZAC184.00 x
2024-03-31 ZAC1.21 ZAC184.00 x
2025-03-31 ZAC1.24 ZAC184.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Capital Appreciation 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): 13.50%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.56%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.21x
  • Recent ROE (13.50%) is above the historical average (8.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 2.21% 67.16% 0.03x 1.01x ZAC-78.20 Million
2017 3.76% 48.90% 0.08x 1.01x ZAC-65.08 Million
2018 10.27% 28.13% 0.35x 1.06x ZAC3.71 Million
2019 8.61% 20.50% 0.39x 1.07x ZAC-20.10 Million
2020 11.45% 21.37% 0.48x 1.11x ZAC18.93 Million
2021 9.14% 20.29% 0.42x 1.08x ZAC-11.89 Million
2022 11.01% 19.64% 0.52x 1.08x ZAC14.98 Million
2023 6.09% 9.14% 0.60x 1.11x ZAC-58.37 Million
2024 10.81% 14.45% 0.67x 1.12x ZAC12.73 Million
2025 13.50% 16.56% 0.67x 1.21x ZAC53.73 Million

Industry Comparison

This section compares Capital Appreciation Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $2,317,820,989
  • Average return on equity (ROE) among peers: 4.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Capital Appreciation Ltd (CTA) ZAC1.53 Billion 2.21% 0.21x $113.35 Million
4Sight Holdings Ltd (4SI) $308.58 Million 8.95% 0.71x $18.95 Million
Allied Electronics Corporation Ltd (AEL) $5.22 Billion -5.71% 1.48x $458.09 Million
Ayo Technology Solutions Ltd (AYO) $4.30 Billion 0.76% 0.16x $8.86 Million
Datatec (DTC) $353.53 Million -6.59% 1.44x $920.56 Million
PBT Group Ltd (PBG) $740.72 Million 13.83% 8.92x $335.60K
Transaction Capital (TCP) $2.99 Billion 13.42% 3.19x $82.11 Million

About Capital Appreciation Ltd

JSE:CTA South Africa Information Technology Services
Market Cap
$113.35 Million
ZAC213.29 Billion ZAC
Market Cap Rank
#18706 Global
#144 in South Africa
Share Price
ZAC184.00
Change (1 day)
+0.00%
52-Week Range
ZAC133.00 - ZAC187.00
All Time High
ZAC189.67
Categories
Companies in South Africa Information Technology Services Technology AI & Machine Learning
About

Capital Appreciation Limited, together with its subsidiaries, operates as a financial technology company in South Africa, the Asia Pacific, the United States, the United Kingdom, Europe, the rest of Africa, and the Indian Ocean Islands. It operates through three segments: Payments and Payment Infrastructure and Services; Software and Services; and International. The company provides payment infra… Read more