Arrowhead Properties Ltd B

JSE:FTB South Africa REIT - Retail
Market Cap
$652.18 Million
ZAC1.23 Trillion ZAC
Market Cap Rank
#29825 Global
#51 in South Africa
Share Price
ZAC643.00
Change (1 day)
-2.43%
52-Week Range
ZAC450.00 - ZAC754.00
All Time High
ZAC754.00
Categories
Companies in South Africa REIT - Retail
About

Fairvest Limited ("Fairvest") is a diversified South African Real Estate Investment Trust ("REIT") focused on creating long-term shareholder value. Fairvest holds a portfolio of 127 retail, office and industrial properties valued at R12.5 billion (held directly and through subsidiaries). The average value per property held as at 31 March 2025 was R98.1 million. As at 31 March 2025, Fairvest held … Read more

Arrowhead Properties Ltd B (FTB) - Net Assets

Latest net assets as of September 2025: ZAC11.14 Billion ZAC

Based on the latest financial reports, Arrowhead Properties Ltd B (FTB) has net assets worth ZAC11.14 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 (ZAC15.86 Billion) and total liabilities (ZAC4.72 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 ZAC11.14 Billion
% of Total Assets 70.25%
Annual Growth Rate 42.61%
5-Year Change 356.47%
10-Year Change N/A
Growth Volatility 176.77

Arrowhead Properties Ltd B - Net Assets Trend (2012–2025)

This chart illustrates how Arrowhead Properties Ltd B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Arrowhead Properties Ltd B (2012–2025)

The table below shows the annual net assets of Arrowhead Properties Ltd B from 2012 to 2025.

Year Net Assets Change
2025-09-30 ZAC11.14 Billion +39.50%
2024-09-30 ZAC7.99 Billion +3.13%
2023-09-30 ZAC7.75 Billion +388.17%
2022-09-30 ZAC-2.69 Billion -210.10%
2021-09-30 ZAC2.44 Billion +147.70%
2020-09-30 ZAC-5.12 Billion +22.73%
2019-09-30 ZAC-6.62 Billion -124.98%
2018-09-30 ZAC-2.94 Billion -14.82%
2017-09-30 ZAC-2.56 Billion -597.83%
2016-09-30 ZAC-367.43 Million -133.24%
2015-09-30 ZAC1.11 Billion +32.34%
2014-09-30 ZAC835.28 Million +52.73%
2013-09-30 ZAC546.91 Million +395.02%
2012-09-30 ZAC110.48 Million --

Equity Component Analysis

This analysis shows how different components contribute to Arrowhead Properties Ltd B'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 2982.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings ZAC3.37 Billion 30.67%
Common Stock ZAC7.55 Billion 68.58%
Other Components ZAC83.25 Million 0.76%
Total Equity ZAC11.00 Billion 100.00%

Arrowhead Properties Ltd B Competitors by Market Cap

The table below lists competitors of Arrowhead Properties Ltd B ranked by their market capitalization.

Company Market Cap
Zenith Capital Corp
PINK:ZHCLF
 		$7.38 Million
FOTRF
OTCGREY:FOTRF
 		$7.38 Million
Prakash Steelage Limited
NSE:PRAKASHSTL
 		$7.38 Million
Kairos Pharma, Ltd.
NYSE MKT:KAPA
 		$7.38 Million
Rokiskio Suris AB
MU:YTV
 		$7.38 Million
Terang Dunia Internusa Tbk Pt
JK:UNTD
 		$7.38 Million
FIPP S.A.
PA:FIPP
 		$7.37 Million
Axolot Solutions Holding AB
ST:AXOLOT
 		$7.37 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,971,395,000 to 11,004,905,000, a change of 3,033,510,000 (38.1%).
  • Net income of 1,466,138,000 contributed positively to equity growth.
  • New share issuances of 1,351,611,000 increased equity.
  • Other factors increased equity by 215,761,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC1.47 Billion +13.32%
Share Issuances ZAC1.35 Billion +12.28%
Other Changes ZAC215.76 Million +1.96%
Total Change ZAC- 38.05%

Book Value vs Market Value Analysis

This analysis compares Arrowhead Properties Ltd B'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: 99.22x
  • 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 446.40x to 99.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-09-30 ZAC1.44 ZAC643.00 x
2013-09-30 ZAC2.59 ZAC643.00 x
2014-09-30 ZAC1.93 ZAC643.00 x
2015-09-30 ZAC2.05 ZAC643.00 x
2016-09-30 ZAC1952252713.18 ZAC643.00 x
2017-09-30 ZAC5259224491.49 ZAC643.00 x
2018-09-30 ZAC20584466836.00 ZAC643.00 x
2019-09-30 ZAC32.11 ZAC643.00 x
2020-09-30 ZAC11.77 ZAC643.00 x
2021-09-30 ZAC2.21 ZAC643.00 x
2022-09-30 ZAC8586706315.79 ZAC643.00 x
2023-09-30 ZAC5.04 ZAC643.00 x
2024-09-30 ZAC5.24 ZAC643.00 x
2025-09-30 ZAC6.48 ZAC643.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Arrowhead Properties Ltd B 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): 13.32%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 67.28%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.44x
  • Recent ROE (13.32%) is below the historical average (13.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 99.11% 177.01% 0.05x 10.73x ZAC98.45 Million
2013 4.98% 50.30% 0.07x 1.44x ZAC-27.44 Million
2014 7.14% 40.01% 0.13x 1.35x ZAC-23.93 Million
2015 14.49% 85.24% 0.14x 1.25x ZAC49.65 Million
2016 7.89% 59.80% 0.58x 0.23x ZAC-53.03 Million
2017 8.54% 58.49% 1.16x 0.13x ZAC-72.02 Million
2018 2.21% 14.85% 2.89x 0.05x ZAC-400.63 Million
2019 -5.28% -34.20% 3.73x 0.04x ZAC-2.48 Billion
2020 -6.00% -38.98% 1.06x 0.14x ZAC-2.31 Billion
2021 12.72% 52.60% 0.14x 1.68x ZAC61.85 Million
2022 10.74% 136.08% 0.50x 0.16x ZAC120.01 Million
2023 9.15% 36.37% 0.15x 1.64x ZAC-65.50 Million
2024 11.62% 45.40% 0.16x 1.62x ZAC129.17 Million
2025 13.32% 67.28% 0.14x 1.44x ZAC365.65 Million

Industry Comparison

This section compares Arrowhead Properties Ltd B's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

  • Industry: REIT - Retail
  • Average net assets among peers: $4,798,865,409
  • Average return on equity (ROE) among peers: 16.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Arrowhead Properties Ltd B (FTB) ZAC11.14 Billion 99.11% 0.42x $7.38 Million
Accelerate Property Fund Ltd (APF) $7.34 Billion 12.24% 0.69x $750.08K
Dipula Income Fund Ltd (DIB) $4.33 Billion 15.40% 0.69x $3.62 Million
Exemplar REITail Ltd (EXP) $3.76 Billion 9.62% 0.63x $1.63 Million
Fairvest Ltd (FTA) $11.14 Billion 13.16% 0.42x $18.93 Million
Hyprop (HYP) $4.25 Billion 8.28% 1.23x $12.10 Million
Resilient Property Income Fund Ltd (RES) $1.39 Billion 42.03% 0.37x $14.54 Million
Vukile Property Fund Ltd (VKE) $1.38 Billion 17.05% 3.07x $18.83 Million