Discovery Holdings Ltd
Discovery Limited provides various insurance products and services primarily in South Africa and the United Kingdom. It operates through SA Health, SA Life, SA Invest, SA Insure, SA Bank, UK Health, UK Life, and All Other segments. The company offers health, life, car, travel, business, and home insurance products; motor, building, household content, and portable possessions insurance products; p… Read more
Discovery Holdings Ltd (DSY) - Net Assets
Latest net assets as of June 2025: ZAC65.70 Billion ZAC
Based on the latest financial reports, Discovery Holdings Ltd (DSY) has net assets worth ZAC65.70 Billion ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC327.45 Billion) and total liabilities (ZAC261.75 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 | ZAC65.70 Billion |
| % of Total Assets | 20.06% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 41.53% |
| 10-Year Change | 114.65% |
| Growth Volatility | 18.87 |
Discovery Holdings Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Discovery Holdings 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 Discovery Holdings Ltd (2002–2025)
The table below shows the annual net assets of Discovery Holdings Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC65.70 Billion | +13.83% |
| 2024-06-30 | ZAC57.72 Billion | -9.78% |
| 2023-06-30 | ZAC63.97 Billion | +19.45% |
| 2022-06-30 | ZAC53.55 Billion | +15.37% |
| 2021-06-30 | ZAC46.42 Billion | +4.19% |
| 2020-06-30 | ZAC44.55 Billion | +3.41% |
| 2019-06-30 | ZAC43.08 Billion | +14.60% |
| 2018-06-30 | ZAC37.59 Billion | +16.43% |
| 2017-06-30 | ZAC32.29 Billion | +5.50% |
| 2016-06-30 | ZAC30.61 Billion | +11.88% |
| 2015-06-30 | ZAC27.36 Billion | +57.12% |
| 2014-06-30 | ZAC17.41 Billion | +27.01% |
| 2013-06-30 | ZAC13.71 Billion | +16.85% |
| 2012-06-30 | ZAC11.73 Billion | +30.74% |
| 2011-06-30 | ZAC8.97 Billion | +7.05% |
| 2010-06-30 | ZAC8.38 Billion | +19.52% |
| 2009-06-30 | ZAC7.01 Billion | +13.77% |
| 2008-06-30 | ZAC6.16 Billion | +14.96% |
| 2007-06-30 | ZAC5.36 Billion | +27.30% |
| 2006-06-30 | ZAC4.21 Billion | -13.92% |
| 2005-06-30 | ZAC4.89 Billion | +25.33% |
| 2004-06-30 | ZAC3.90 Billion | +77.36% |
| 2003-06-30 | ZAC2.20 Billion | +31.60% |
| 2002-06-30 | ZAC1.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Discovery Holdings 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 4864600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC48.65 Billion | 74.04% |
| Common Stock | ZAC11.36 Billion | 17.29% |
| Other Comprehensive Income | ZAC4.92 Billion | 7.49% |
| Other Components | ZAC779.00 Million | 1.19% |
| Total Equity | ZAC65.70 Billion | 100.00% |
Discovery Holdings Ltd Competitors by Market Cap
The table below lists competitors of Discovery Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Photocure ASA
PINK:PHCUF
|
$86.14 Million |
|
Quang Viet Enterprise Co Ltd
TW:4438
|
$86.16 Million |
|
Galaxy Software Services Corporation
TWO:6752
|
$86.18 Million |
|
Suzhou Goldengreen Technologies Ltd
SHE:002808
|
$86.19 Million |
|
Sanderson Design Group plc
PINK:WKGBF
|
$86.12 Million |
|
Nepes Ark Corp.
KQ:330860
|
$86.12 Million |
|
Semperit Aktiengesellschaft Holding
PINK:SEIGF
|
$86.11 Million |
|
Kolmar BNH Co. Ltd
KQ:200130
|
$86.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Discovery Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,719,000,000 to 65,704,000,000, a change of 7,985,000,000 (13.8%).
- Net income of 9,564,000,000 contributed positively to equity growth.
- Dividend payments of 1,707,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,354,000,000.
- Other factors increased equity by 1,482,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC9.56 Billion | +14.56% |
| Dividends Paid | ZAC1.71 Billion | -2.6% |
| Other Comprehensive Income | ZAC-1.35 Billion | -2.06% |
| Other Changes | ZAC1.48 Billion | +2.26% |
| Total Change | ZAC- | 13.83% |
Book Value vs Market Value Analysis
This analysis compares Discovery Holdings 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: 251.60x
- 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 6862.00x to 251.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | ZAC3.60 | ZAC24721.00 | x |
| 2003-06-30 | ZAC4.83 | ZAC24721.00 | x |
| 2004-06-30 | ZAC4.42 | ZAC24721.00 | x |
| 2005-06-30 | ZAC5.76 | ZAC24721.00 | x |
| 2006-06-30 | ZAC7.13 | ZAC24721.00 | x |
| 2007-06-30 | ZAC9.55 | ZAC24721.00 | x |
| 2008-06-30 | ZAC10.96 | ZAC24721.00 | x |
| 2009-06-30 | ZAC12.33 | ZAC24721.00 | x |
| 2010-06-30 | ZAC14.67 | ZAC24721.00 | x |
| 2011-06-30 | ZAC15.73 | ZAC24721.00 | x |
| 2012-06-30 | ZAC20.56 | ZAC24721.00 | x |
| 2013-06-30 | ZAC23.75 | ZAC24721.00 | x |
| 2014-06-30 | ZAC29.23 | ZAC24721.00 | x |
| 2015-06-30 | ZAC45.05 | ZAC24721.00 | x |
| 2016-06-30 | ZAC47.63 | ZAC24721.00 | x |
| 2017-06-30 | ZAC50.09 | ZAC24721.00 | x |
| 2018-06-30 | ZAC58.25 | ZAC24721.00 | x |
| 2019-06-30 | ZAC66.02 | ZAC24721.00 | x |
| 2020-06-30 | ZAC67.37 | ZAC24721.00 | x |
| 2021-06-30 | ZAC69.89 | ZAC24721.00 | x |
| 2022-06-30 | ZAC80.76 | ZAC24721.00 | x |
| 2023-06-30 | ZAC96.73 | ZAC24721.00 | x |
| 2024-06-30 | ZAC86.79 | ZAC24721.00 | x |
| 2025-06-30 | ZAC98.25 | ZAC24721.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Discovery Holdings 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): 14.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.47%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 4.98x
- Recent ROE (14.56%) is below the historical average (15.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.08% | 6.99% | 1.48x | 1.55x | ZAC90.54 Million |
| 2003 | 17.47% | 10.32% | 1.05x | 1.61x | ZAC154.82 Million |
| 2004 | 17.28% | 11.91% | 0.88x | 1.66x | ZAC177.40 Million |
| 2005 | 17.59% | 15.26% | 0.72x | 1.59x | ZAC248.50 Million |
| 2006 | 15.81% | 12.28% | 0.80x | 1.61x | ZAC244.80 Million |
| 2007 | 20.01% | 16.51% | 0.75x | 1.61x | ZAC536.80 Million |
| 2008 | 18.79% | 15.81% | 0.68x | 1.75x | ZAC541.60 Million |
| 2009 | 17.28% | 13.23% | 0.61x | 2.13x | ZAC510.70 Million |
| 2010 | 20.46% | 12.40% | 0.66x | 2.50x | ZAC876.80 Million |
| 2011 | 28.75% | 14.98% | 0.56x | 3.45x | ZAC1.68 Billion |
| 2012 | 18.94% | 11.15% | 0.49x | 3.47x | ZAC1.05 Billion |
| 2013 | 15.55% | 8.55% | 0.45x | 4.01x | ZAC760.40 Million |
| 2014 | 19.03% | 9.69% | 0.47x | 4.15x | ZAC1.57 Billion |
| 2015 | 20.30% | 13.54% | 0.46x | 3.27x | ZAC2.82 Billion |
| 2016 | 12.19% | 8.53% | 0.37x | 3.87x | ZAC669.30 Million |
| 2017 | 13.92% | 10.11% | 0.34x | 4.05x | ZAC1.26 Billion |
| 2018 | 15.26% | 10.85% | 0.33x | 4.20x | ZAC1.98 Billion |
| 2019 | 15.35% | 11.78% | 0.31x | 4.18x | ZAC2.31 Billion |
| 2020 | 0.40% | 0.28% | 0.30x | 4.72x | ZAC-4.28 Billion |
| 2021 | 6.94% | 4.27% | 0.31x | 5.31x | ZAC-1.42 Billion |
| 2022 | 10.23% | 8.27% | 0.24x | 5.06x | ZAC123.00 Million |
| 2023 | 10.28% | 7.76% | 0.28x | 4.72x | ZAC182.00 Million |
| 2024 | 12.78% | 10.86% | 0.24x | 4.92x | ZAC1.60 Billion |
| 2025 | 14.56% | 11.47% | 0.25x | 4.98x | ZAC2.99 Billion |
Industry Comparison
This section compares Discovery Holdings Ltd's net assets metrics with peer companies in the Insurance - Life industry.
No peer company data available for comparison.