Deneb Investments Ltd

JSE:DNB South Africa Conglomerates
Market Cap
$55.64 Million
ZAC104.70 Billion ZAC
Market Cap Rank
#37249 Global
#136 in South Africa
Share Price
ZAC237.00
Change (1 day)
-1.66%
52-Week Range
ZAC187.00 - ZAC265.00
All Time High
ZAC265.00
About

Deneb Investments Limited, an investment company, distributes branded products in South Africa and internationally. The company operates through Property; Industrial Product Manufacturing; Branded Product Distribution; and Automotive Parts Manufacturing segments. It owns and manages a portfolio of industrial and commercial properties situated in KwaZulu-Natal, the Western Cape, Limpopo, and Easte… Read more

Deneb Investments Ltd (DNB) - Net Assets

Latest net assets as of September 2025: ZAC1.94 Billion ZAC

Based on the latest financial reports, Deneb Investments Ltd (DNB) has net assets worth ZAC1.94 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 (ZAC3.72 Billion) and total liabilities (ZAC1.77 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 ZAC1.94 Billion
% of Total Assets 52.32%
Annual Growth Rate 2.83%
5-Year Change 21.86%
10-Year Change -1.49%
Growth Volatility 8.72

Deneb Investments Ltd - Net Assets Trend (2012–2025)

This chart illustrates how Deneb Investments 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 Deneb Investments Ltd (2012–2025)

The table below shows the annual net assets of Deneb Investments Ltd from 2012 to 2025.

Year Net Assets Change
2025-03-31 ZAC1.92 Billion +3.58%
2024-03-31 ZAC1.85 Billion +4.14%
2023-03-31 ZAC1.78 Billion +6.09%
2022-03-31 ZAC1.68 Billion +6.49%
2021-03-31 ZAC1.58 Billion +7.75%
2020-03-31 ZAC1.46 Billion -9.77%
2019-03-31 ZAC1.62 Billion -3.17%
2018-03-31 ZAC1.67 Billion -5.84%
2017-03-31 ZAC1.78 Billion -8.81%
2016-03-31 ZAC1.95 Billion +4.37%
2015-03-31 ZAC1.87 Billion +25.57%
2014-03-31 ZAC1.49 Billion +5.48%
2013-03-31 ZAC1.41 Billion +5.58%
2012-03-31 ZAC1.34 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Deneb Investments 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 decreased by 70.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC222.27 Million 11.58%
Common Stock ZAC1.38 Billion 72.10%
Other Comprehensive Income ZAC313.50 Million 16.33%
Total Equity ZAC1.92 Billion 100.00%

Deneb Investments Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,855,788,000 to 1,920,045,000, a change of 64,257,000 (3.5%).
  • Net income of 118,323,000 contributed positively to equity growth.
  • Dividend payments of 43,794,000 reduced retained earnings.
  • Share repurchases of 3,539,000 reduced equity.
  • Other comprehensive income increased equity by 5,303,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC118.32 Million +6.16%
Dividends Paid ZAC43.79 Million -2.28%
Share Repurchases ZAC3.54 Million -0.18%
Other Comprehensive Income ZAC5.30 Million +0.28%
Other Changes ZAC-12.04 Million -0.63%
Total Change ZAC- 3.46%

Book Value vs Market Value Analysis

This analysis compares Deneb Investments 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: 55.03x
  • 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 98.94x to 55.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-03-31 ZAC2.40 ZAC237.00 x
2013-03-31 ZAC2.61 ZAC237.00 x
2014-03-31 ZAC2.76 ZAC237.00 x
2015-03-31 ZAC3.38 ZAC237.00 x
2016-03-31 ZAC3.47 ZAC237.00 x
2017-03-31 ZAC3.59 ZAC237.00 x
2018-03-31 ZAC3.88 ZAC237.00 x
2019-03-31 ZAC3.67 ZAC237.00 x
2020-03-31 ZAC3.37 ZAC237.00 x
2021-03-31 ZAC3.63 ZAC237.00 x
2022-03-31 ZAC3.77 ZAC237.00 x
2023-03-31 ZAC3.98 ZAC237.00 x
2024-03-31 ZAC4.12 ZAC237.00 x
2025-03-31 ZAC4.31 ZAC237.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Deneb Investments 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): 6.16%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.16%
  • • Asset Turnover: 1.06x
  • • Equity Multiplier: 1.85x
  • Recent ROE (6.16%) is above the historical average (4.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 15.50% 11.62% 0.81x 1.66x ZAC73.50 Million
2013 4.71% 3.48% 0.81x 1.67x ZAC-74.60 Million
2014 0.85% 0.59% 0.80x 1.79x ZAC-136.14 Million
2015 11.16% 7.83% 0.88x 1.62x ZAC21.65 Million
2016 2.91% 2.09% 0.86x 1.61x ZAC-138.25 Million
2017 4.11% 2.51% 0.90x 1.82x ZAC-104.70 Million
2018 0.49% 0.27% 0.85x 2.13x ZAC-159.19 Million
2019 -2.80% -1.54% 0.81x 2.26x ZAC-207.75 Million
2020 -8.83% -4.50% 0.87x 2.26x ZAC-275.74 Million
2021 7.90% 4.79% 0.82x 2.01x ZAC-33.16 Million
2022 7.41% 4.32% 0.86x 1.98x ZAC-43.50 Million
2023 7.61% 4.12% 0.91x 2.03x ZAC-42.65 Million
2024 5.45% 2.87% 0.99x 1.92x ZAC-84.44 Million
2025 6.16% 3.16% 1.06x 1.85x ZAC-73.68 Million

Industry Comparison

This section compares Deneb Investments Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $12,893,056,333
  • Average return on equity (ROE) among peers: 1.29%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Deneb Investments Ltd (DNB) ZAC1.94 Billion 15.50% 0.91x $565.81K
Hosken Consolidated Investments Ltd (HCI) $28.19 Billion 2.31% 0.82x $6.48 Million
Kap Industrial Holdings Ltd (KAP) $9.77 Billion -21.74% 1.49x $2.41 Million
Omnia Holdings Limited (OMN) $715.53 Million 23.29% 1.94x $7.23 Million