Finbond Group Ltd (FGL) - Net Assets

Latest as of February 2026: ZAC483.38 Million ZAC ≈ $256.89K USD

Based on the latest financial reports, Finbond Group Ltd (FGL) has net assets worth ZAC483.38 Million ZAC (≈ $256.89K USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC4.41 Billion ≈ $2.34 Million USD) and total liabilities (ZAC3.93 Billion ≈ $2.09 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 Finbond Group Ltd (FGL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ZAC483.38 Million
% of Total Assets	10.96%
Annual Growth Rate	26.57%
5-Year Change	-52.52%
10-Year Change	-57.5%
Growth Volatility	619.7

Finbond Group Ltd - Net Assets Trend (2005–2026)

This chart illustrates how Finbond Group Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Finbond Group Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Finbond Group Ltd (2005–2026)

The table below shows the annual net assets of Finbond Group Ltd from 2005 to 2026. For live valuation and market cap data, see FGL market cap.

Year	Net Assets	Change
2026-02-28	ZAC483.38 Million ≈ $256.89K	-33.88%
2025-02-28	ZAC731.04 Million ≈ $388.51K	-12.13%
2024-02-29	ZAC831.96 Million ≈ $442.14K	-24.10%
2023-02-28	ZAC1.10 Billion ≈ $582.54K	+7.68%
2022-02-28	ZAC1.02 Billion ≈ $541.01K	-17.03%
2021-02-28	ZAC1.23 Billion ≈ $652.09K	-27.81%
2020-02-29	ZAC1.70 Billion ≈ $903.33K	+2.88%
2019-02-28	ZAC1.65 Billion ≈ $878.01K	+41.12%
2018-02-28	ZAC1.17 Billion ≈ $622.18K	+2.93%
2017-02-28	ZAC1.14 Billion ≈ $604.47K	+193.15%
2016-02-29	ZAC387.99 Million ≈ $206.20K	+12.17%
2015-02-28	ZAC345.90 Million ≈ $183.83K	+4.95%
2014-02-28	ZAC329.60 Million ≈ $175.17K	+8.09%
2013-02-28	ZAC304.93 Million ≈ $162.06K	+23.42%
2012-02-29	ZAC247.07 Million ≈ $131.30K	+5.09%
2011-02-28	ZAC235.09 Million ≈ $124.94K	-6.93%
2010-02-28	ZAC252.59 Million ≈ $134.24K	+18.10%
2009-02-28	ZAC213.89 Million ≈ $113.67K	-27.05%
2008-02-29	ZAC293.19 Million ≈ $155.81K	+2916.47%
2007-02-28	ZAC9.72 Million ≈ $5.17K	+48.91%
2006-02-28	ZAC6.53 Million ≈ $3.47K	+90.35%
2005-02-28	ZAC3.43 Million ≈ $1.82K	--

Equity Component Analysis

This analysis shows how different components contribute to Finbond Group 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 14407.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (February 2026)

Component	Amount	Percentage
Common Stock	ZAC981.88 Million	203.00%
Other Comprehensive Income	ZAC107.20 Million	22.16%
Total Equity	ZAC483.69 Million	100.00%

Finbond Group Ltd Competitors by Market Cap

The table below lists competitors of Finbond Group Ltd ranked by their market capitalization.

Company	Market Cap
Lysaght Galvanized Steel Bhd KLSE:9199	$25.68 Million
CEO Event Medya AS IS:CEOEM	$25.68 Million
CNTus Sungjin Co. Ltd. KQ:352700	$25.68 Million
Eminent Gold Corp V:EMNT	$25.70 Million
DL Holdings Co Ltd Preferred KO:000215	$25.68 Million
Gencurix Inc KQ:229000	$25.67 Million
Grande Group Limited Class A Ordinary Shares NASDAQ:GRAN	$25.65 Million
Bellway PLC LSE:BWY	$25.65 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 730,914,000 to 483,690,000, a change of -247,224,000 (-33.8%).
Net income of 69,364,000 contributed positively to equity growth.
Dividend payments of 57,146,000 reduced retained earnings.
Share repurchases of 10,894,000 reduced equity.
Other comprehensive income decreased equity by 279,693,999.
Other factors increased equity by 31,145,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	ZAC69.36 Million	+14.34%
Dividends Paid	ZAC57.15 Million	-11.81%
Share Repurchases	ZAC10.89 Million	-2.25%
Other Comprehensive Income	ZAC-279.69 Million	-57.83%
Other Changes	ZAC31.15 Million	+6.44%
Total Change	ZAC-	-33.82%

Book Value vs Market Value Analysis

This analysis compares Finbond Group 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: 101.15x
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 7750.13x to 101.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-02-28	ZAC0.01	ZAC103.00	x
2006-02-28	ZAC0.03	ZAC103.00	x
2007-02-28	ZAC0.05	ZAC103.00	x
2008-02-29	ZAC1.33	ZAC103.00	x
2009-02-28	ZAC0.65	ZAC103.00	x
2010-02-28	ZAC0.62	ZAC103.00	x
2011-02-28	ZAC0.61	ZAC103.00	x
2012-02-29	ZAC0.60	ZAC103.00	x
2013-02-28	ZAC0.48	ZAC103.00	x
2014-02-28	ZAC0.50	ZAC103.00	x
2015-02-28	ZAC0.54	ZAC103.00	x
2016-02-29	ZAC0.61	ZAC103.00	x
2017-02-28	ZAC1.16	ZAC103.00	x
2018-02-28	ZAC1.06	ZAC103.00	x
2019-02-28	ZAC1.57	ZAC103.00	x
2020-02-29	ZAC1.57	ZAC103.00	x
2021-02-28	ZAC1.18	ZAC103.00	x
2022-02-28	ZAC0.98	ZAC103.00	x
2023-02-28	ZAC0.95	ZAC103.00	x
2024-02-29	ZAC1.13	ZAC103.00	x
2025-02-28	ZAC1.60	ZAC103.00	x
2026-02-28	ZAC1.02	ZAC103.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Finbond Group 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): 14.34%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.69%
• Asset Turnover: 0.34x
• Equity Multiplier: 9.12x
Recent ROE (14.34%) is above the historical average (12.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	95.50%	31.59%	0.97x	3.10x	ZAC2.93 Million
2006	82.69%	39.35%	0.95x	2.21x	ZAC4.74 Million
2007	59.66%	40.13%	0.90x	1.64x	ZAC4.83 Million
2008	22.68%	21.15%	0.66x	1.62x	ZAC35.04 Million
2009	-29.78%	-40.82%	0.34x	2.14x	ZAC-77.05 Million
2010	23.05%	23.57%	0.51x	1.91x	ZAC32.95 Million
2011	-8.64%	-14.72%	0.31x	1.87x	ZAC-43.90 Million
2012	5.42%	7.50%	0.38x	1.93x	ZAC-11.34 Million
2013	6.78%	10.95%	0.34x	1.82x	ZAC-9.84 Million
2014	11.17%	13.69%	0.25x	3.29x	ZAC3.87 Million
2015	14.67%	13.08%	0.29x	3.89x	ZAC16.19 Million
2016	14.73%	12.18%	0.33x	3.68x	ZAC18.37 Million
2017	14.83%	9.66%	0.45x	3.40x	ZAC45.16 Million
2018	23.25%	10.55%	0.67x	3.29x	ZAC133.46 Million
2019	2.48%	1.64%	0.66x	2.30x	ZAC-111.93 Million
2020	6.72%	4.12%	0.51x	3.22x	ZAC-47.59 Million
2021	-28.91%	-15.64%	0.43x	4.28x	ZAC-397.60 Million
2022	-29.18%	-15.81%	0.33x	5.53x	ZAC-327.80 Million
2023	-33.37%	-20.98%	0.25x	6.24x	ZAC-344.45 Million
2024	0.07%	0.04%	0.33x	5.14x	ZAC-82.70 Million
2025	4.35%	2.21%	0.32x	6.19x	ZAC-41.29 Million
2026	14.34%	4.69%	0.34x	9.12x	ZAC21.00 Million

Industry Comparison

This section compares Finbond Group Ltd's net assets metrics with peer companies in the Mortgage Finance industry.

No peer company data available for comparison.

About Finbond Group Ltd

JSE:FGL South Africa Mortgage Finance

Market Cap

$25.68 Million

ZAC48.32 Billion ZAC

Market Cap Rank

#24301 Global

#183 in South Africa

Share Price

ZAC103.00

Change (1 day)

+0.00%

52-Week Range

ZAC85.00 - ZAC145.00

All Time High

ZAC607.51