Discovery Holdings Ltd (DSY) - Net Assets

Latest as of June 2025: ZAC65.70 Billion ZAC ≈ $34.92 Million USD

Based on the latest financial reports, Discovery Holdings Ltd (DSY) has net assets worth ZAC65.70 Billion ZAC (≈ $34.92 Million USD) 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 ≈ $174.02 Million USD) and total liabilities (ZAC261.75 Billion ≈ $139.11 Million 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 Discovery Holdings Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore DSY asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Discovery Holdings Ltd.

Year Net Assets Change
2025-06-30 ZAC65.70 Billion
≈ $34.92 Million		 +13.83%
2024-06-30 ZAC57.72 Billion
≈ $30.67 Million		 -9.78%
2023-06-30 ZAC63.97 Billion
≈ $34.00 Million		 +19.45%
2022-06-30 ZAC53.55 Billion
≈ $28.46 Million		 +15.37%
2021-06-30 ZAC46.42 Billion
≈ $24.67 Million		 +4.19%
2020-06-30 ZAC44.55 Billion
≈ $23.68 Million		 +3.41%
2019-06-30 ZAC43.08 Billion
≈ $22.90 Million		 +14.60%
2018-06-30 ZAC37.59 Billion
≈ $19.98 Million		 +16.43%
2017-06-30 ZAC32.29 Billion
≈ $17.16 Million		 +5.50%
2016-06-30 ZAC30.61 Billion
≈ $16.27 Million		 +11.88%
2015-06-30 ZAC27.36 Billion
≈ $14.54 Million		 +57.12%
2014-06-30 ZAC17.41 Billion
≈ $9.25 Million		 +27.01%
2013-06-30 ZAC13.71 Billion
≈ $7.29 Million		 +16.85%
2012-06-30 ZAC11.73 Billion
≈ $6.23 Million		 +30.74%
2011-06-30 ZAC8.97 Billion
≈ $4.77 Million		 +7.05%
2010-06-30 ZAC8.38 Billion
≈ $4.45 Million		 +19.52%
2009-06-30 ZAC7.01 Billion
≈ $3.73 Million		 +13.77%
2008-06-30 ZAC6.16 Billion
≈ $3.28 Million		 +14.96%
2007-06-30 ZAC5.36 Billion
≈ $2.85 Million		 +27.30%
2006-06-30 ZAC4.21 Billion
≈ $2.24 Million		 -13.92%
2005-06-30 ZAC4.89 Billion
≈ $2.60 Million		 +25.33%
2004-06-30 ZAC3.90 Billion
≈ $2.07 Million		 +77.36%
2003-06-30 ZAC2.20 Billion
≈ $1.17 Million		 +31.60%
2002-06-30 ZAC1.67 Billion
≈ $888.90K		 --

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
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
 $9.25 Billion
Turkish Airlines
IS:THYAO
 $9.25 Billion
MARKS SPENCER ADR LS-25
F:MA6A
 $9.25 Billion
Littelfuse Inc
NASDAQ:LFUS
 $9.26 Billion
Companhia Paranaense de Energia - COPEL
SA:CPLE3
 $9.25 Billion
Jinduicheng Molybdenum Co Ltd
SHG:601958
 $9.24 Billion
DEUTSCHE WOHNEN ADRS/1/2
F:DWNP
 $9.23 Billion
American Healthcare REIT, Inc.
NYSE:AHR
 $9.23 Billion

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: 263.41x
  • 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 7183.99x to 263.41x 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 ZAC25881.00 x
2003-06-30 ZAC4.83 ZAC25881.00 x
2004-06-30 ZAC4.42 ZAC25881.00 x
2005-06-30 ZAC5.76 ZAC25881.00 x
2006-06-30 ZAC7.13 ZAC25881.00 x
2007-06-30 ZAC9.55 ZAC25881.00 x
2008-06-30 ZAC10.96 ZAC25881.00 x
2009-06-30 ZAC12.33 ZAC25881.00 x
2010-06-30 ZAC14.67 ZAC25881.00 x
2011-06-30 ZAC15.73 ZAC25881.00 x
2012-06-30 ZAC20.56 ZAC25881.00 x
2013-06-30 ZAC23.75 ZAC25881.00 x
2014-06-30 ZAC29.23 ZAC25881.00 x
2015-06-30 ZAC45.05 ZAC25881.00 x
2016-06-30 ZAC47.63 ZAC25881.00 x
2017-06-30 ZAC50.09 ZAC25881.00 x
2018-06-30 ZAC58.25 ZAC25881.00 x
2019-06-30 ZAC66.02 ZAC25881.00 x
2020-06-30 ZAC67.37 ZAC25881.00 x
2021-06-30 ZAC69.89 ZAC25881.00 x
2022-06-30 ZAC80.76 ZAC25881.00 x
2023-06-30 ZAC96.73 ZAC25881.00 x
2024-06-30 ZAC86.79 ZAC25881.00 x
2025-06-30 ZAC98.25 ZAC25881.00 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.

Industry Context

  • Industry: Insurance - Life
  • Average net assets among peers: $110,155,000,000
  • Average return on equity (ROE) among peers: 20.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Discovery Holdings Ltd (DSY) ZAC65.70 Billion 16.08% 3.98x $9.25 Billion
Sanlam Ltd (SLM) $110.16 Billion 20.19% 9.29x $9.54 Billion

About Discovery Holdings Ltd

JSE:DSY South Africa Insurance - Life
Market Cap
$9.25 Billion
ZAC17.41 Trillion ZAC
Market Cap Rank
#2367 Global
#16 in South Africa
Share Price
ZAC25881.00
Change (1 day)
+0.15%
52-Week Range
ZAC18983.00 - ZAC26251.00
All Time High
ZAC26251.00
Categories
Companies in South Africa Insurance - Life
About

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