Frontier Transport Holdings Ltd
Frontier Transport Holdings Limited, an investment holding company, operates in the transport sector in South Africa. It operates in two segments, Passenger transport services and Vehicle and spares " sales and servicing. The company operates diesel buses, electric buses and luxury charter coaches. It also provides public transport, school and private tours, luxury coaches, shuttle services, as w… Read more
Frontier Transport Holdings Ltd (FTH) - Net Assets
Latest net assets as of September 2025: ZAC1.68 Billion ZAC
Based on the latest financial reports, Frontier Transport Holdings Ltd (FTH) has net assets worth ZAC1.68 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 (ZAC3.10 Billion) and total liabilities (ZAC1.42 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 | ZAC1.68 Billion |
| % of Total Assets | 54.15% |
| Annual Growth Rate | 9.62% |
| 5-Year Change | 27.21% |
| 10-Year Change | N/A |
| Growth Volatility | 23.21 |
Frontier Transport Holdings Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Frontier Transport 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 Frontier Transport Holdings Ltd (2016–2025)
The table below shows the annual net assets of Frontier Transport Holdings Ltd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ZAC1.63 Billion | +18.25% |
| 2024-03-31 | ZAC1.38 Billion | -10.45% |
| 2023-03-31 | ZAC1.54 Billion | +9.12% |
| 2022-03-31 | ZAC1.41 Billion | +10.09% |
| 2021-03-31 | ZAC1.28 Billion | +4.70% |
| 2020-03-31 | ZAC1.23 Billion | +5.86% |
| 2019-03-31 | ZAC1.16 Billion | -17.61% |
| 2018-03-31 | ZAC1.41 Billion | +69.52% |
| 2017-03-31 | ZAC829.57 Million | +16.06% |
| 2016-03-31 | ZAC714.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Transport 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 156.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC1.49 Billion | 91.52% |
| Other Components | ZAC137.86 Million | 8.48% |
| Total Equity | ZAC1.63 Billion | 100.00% |
Frontier Transport Holdings Ltd Competitors by Market Cap
The table below lists competitors of Frontier Transport Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MODERN LAND (CHINA) DL-01
F:7PJ
|
$959.30K |
|
Weizmann Limited
NSE:WEIZMANIND
|
$959.76K |
|
MMAG Holdings Bhd
KLSE:0034
|
$960.62K |
|
New Tech Capital S.A.
WAR:NTC
|
$960.78K |
|
Matachewan Consolidated Mines Limited
PINK:MWCAF
|
$959.26K |
|
Novus Holdings Ltd
JSE:NVS
|
$959.18K |
|
Cowell Development Tbk
JK:COWL
|
$959.03K |
|
Danske Invest - Europa Indeks BNP
CO:DKIEUIXBNP
|
$958.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Transport Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,381,031,000 to 1,626,624,000, a change of 245,593,000 (17.8%).
- Net income of 380,571,000 contributed positively to equity growth.
- Dividend payments of 146,309,000 reduced retained earnings.
- Other comprehensive income increased equity by 525,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC380.57 Million | +23.4% |
| Dividends Paid | ZAC146.31 Million | -8.99% |
| Other Comprehensive Income | ZAC525.00K | +0.03% |
| Other Changes | ZAC10.81 Million | +0.66% |
| Total Change | ZAC- | 17.78% |
Book Value vs Market Value Analysis
This analysis compares Frontier Transport 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: 110.98x
- 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 251.09x to 110.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | ZAC2.39 | ZAC600.00 | x |
| 2017-03-31 | ZAC2.74 | ZAC600.00 | x |
| 2018-03-31 | ZAC4.74 | ZAC600.00 | x |
| 2019-03-31 | ZAC3.85 | ZAC600.00 | x |
| 2020-03-31 | ZAC4.24 | ZAC600.00 | x |
| 2021-03-31 | ZAC4.46 | ZAC600.00 | x |
| 2022-03-31 | ZAC4.89 | ZAC600.00 | x |
| 2023-03-31 | ZAC5.29 | ZAC600.00 | x |
| 2024-03-31 | ZAC4.65 | ZAC600.00 | x |
| 2025-03-31 | ZAC5.41 | ZAC600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Transport 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): 23.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.53%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.71x
- Recent ROE (23.40%) is above the historical average (21.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 26.32% | 12.08% | 1.00x | 2.19x | ZAC113.08 Million |
| 2017 | 28.74% | 13.57% | 0.98x | 2.15x | ZAC148.89 Million |
| 2018 | 17.18% | 13.05% | 0.77x | 1.70x | ZAC98.58 Million |
| 2019 | 20.98% | 13.14% | 0.80x | 1.99x | ZAC122.40 Million |
| 2020 | 21.24% | 12.74% | 0.87x | 1.92x | ZAC138.17 Million |
| 2021 | 15.85% | 12.48% | 0.71x | 1.78x | ZAC75.55 Million |
| 2022 | 18.31% | 12.56% | 0.89x | 1.63x | ZAC118.55 Million |
| 2023 | 17.94% | 11.59% | 0.99x | 1.56x | ZAC122.83 Million |
| 2024 | 28.24% | 14.96% | 1.12x | 1.68x | ZAC251.84 Million |
| 2025 | 23.40% | 12.53% | 1.09x | 1.71x | ZAC217.91 Million |
Industry Comparison
This section compares Frontier Transport Holdings Ltd's net assets metrics with peer companies in the Railroads industry.
No peer company data available for comparison.