Growthpoint Properties Ltd
Growthpoint is an international property company that provides space to thrive incorporating innovative and sustainable property solutions. Growthpoint is the largest South African (SA) primary JSE-listed REIT with a quality portfolio of 492 (FY24: 511) properties across three major business units: Directly held " SA portfolio; Offshore investments; Third-party fund management business " Growthpo… Read more
Growthpoint Properties Ltd (GRT) - Net Assets
Latest net assets as of June 2025: ZAC82.25 Billion ZAC
Based on the latest financial reports, Growthpoint Properties Ltd (GRT) has net assets worth ZAC82.25 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 (ZAC152.18 Billion) and total liabilities (ZAC69.92 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 | ZAC82.25 Billion |
| % of Total Assets | 54.05% |
| Annual Growth Rate | 47.85% |
| 5-Year Change | 2.05% |
| 10-Year Change | 10.91% |
| Growth Volatility | 7630.79 |
Growthpoint Properties Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Growthpoint Properties 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 Growthpoint Properties Ltd (2005–2025)
The table below shows the annual net assets of Growthpoint Properties Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC82.25 Billion | -3.31% |
| 2024-06-30 | ZAC85.07 Billion | -6.78% |
| 2023-06-30 | ZAC91.25 Billion | +1.23% |
| 2022-06-30 | ZAC90.15 Billion | +11.84% |
| 2021-06-30 | ZAC80.60 Billion | -2.94% |
| 2020-06-30 | ZAC83.05 Billion | -1.03% |
| 2019-06-30 | ZAC83.91 Billion | +0.90% |
| 2018-06-30 | ZAC83.16 Billion | +5.59% |
| 2017-06-30 | ZAC78.75 Billion | +6.19% |
| 2016-06-30 | ZAC74.17 Billion | +8.94% |
| 2015-06-30 | ZAC68.08 Billion | +25.90% |
| 2014-06-30 | ZAC54.08 Billion | +1907.98% |
| 2013-06-30 | ZAC2.69 Billion | -91.23% |
| 2012-06-30 | ZAC30.72 Billion | +16.99% |
| 2011-06-30 | ZAC26.26 Billion | +14.97% |
| 2010-06-30 | ZAC22.84 Billion | +1490.60% |
| 2009-06-30 | ZAC1.44 Billion | -92.74% |
| 2008-06-30 | ZAC19.78 Billion | +44.41% |
| 2007-06-30 | ZAC13.70 Billion | +35109.46% |
| 2006-06-30 | ZAC38.91 Million | +17.84% |
| 2005-06-30 | ZAC33.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Growthpoint Properties 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 690900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC6.91 Billion | 10.26% |
| Common Stock | ZAC52.83 Billion | 78.46% |
| Other Comprehensive Income | ZAC7.59 Billion | 11.27% |
| Total Equity | ZAC67.33 Billion | 100.00% |
Growthpoint Properties Ltd Competitors by Market Cap
The table below lists competitors of Growthpoint Properties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unick Corporation
KQ:011320
|
$30.36 Million |
|
Kindly MD, Inc. Warrants
NASDAQ:KDLYW
|
$30.36 Million |
|
Oncosem Onkolojik Sistemler Sanayi ve Ticaret A.S.
IS:ONCSM
|
$30.36 Million |
|
Kromek Group plc
PINK:KRMKF
|
$30.37 Million |
|
Galway Metals Inc
OTCQB:GAYMF
|
$30.34 Million |
|
AmFIRST Real Estate Investment Trust
KLSE:5120
|
$30.34 Million |
|
BeWhere Holdings Inc
OTCQB:BEWFF
|
$30.33 Million |
|
DE&T Co. Ltd
KQ:079810
|
$30.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Growthpoint Properties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 68,267,000,000 to 67,325,000,000, a change of -942,000,000 (-1.4%).
- Net income of 5,458,000,000 contributed positively to equity growth.
- Dividend payments of 4,993,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,779,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC5.46 Billion | +8.11% |
| Dividends Paid | ZAC4.99 Billion | -7.42% |
| Other Comprehensive Income | ZAC-1.78 Billion | -2.64% |
| Other Changes | ZAC372.00 Million | +0.55% |
| Total Change | ZAC- | -1.38% |
Book Value vs Market Value Analysis
This analysis compares Growthpoint Properties 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: 83.71x
- 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 32777.95x to 83.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | ZAC0.05 | ZAC1650.00 | x |
| 2006-06-30 | ZAC0.06 | ZAC1650.00 | x |
| 2007-06-30 | ZAC13.29 | ZAC1650.00 | x |
| 2008-06-30 | ZAC15.97 | ZAC1650.00 | x |
| 2009-06-30 | ZAC1.02 | ZAC1650.00 | x |
| 2010-06-30 | ZAC14.44 | ZAC1650.00 | x |
| 2011-06-30 | ZAC15.63 | ZAC1650.00 | x |
| 2012-06-30 | ZAC16.38 | ZAC1650.00 | x |
| 2013-06-30 | ZAC0.11 | ZAC1650.00 | x |
| 2014-06-30 | ZAC24.82 | ZAC1650.00 | x |
| 2015-06-30 | ZAC26.67 | ZAC1650.00 | x |
| 2016-06-30 | ZAC25.09 | ZAC1650.00 | x |
| 2017-06-30 | ZAC25.49 | ZAC1650.00 | x |
| 2018-06-30 | ZAC25.76 | ZAC1650.00 | x |
| 2019-06-30 | ZAC25.32 | ZAC1650.00 | x |
| 2020-06-30 | ZAC22.73 | ZAC1650.00 | x |
| 2021-06-30 | ZAC20.46 | ZAC1650.00 | x |
| 2022-06-30 | ZAC20.83 | ZAC1650.00 | x |
| 2023-06-30 | ZAC21.02 | ZAC1650.00 | x |
| 2024-06-30 | ZAC20.02 | ZAC1650.00 | x |
| 2025-06-30 | ZAC19.71 | ZAC1650.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Growthpoint Properties 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): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.23%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.26x
- Recent ROE (8.11%) is above the historical average (-19.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 1.46% | 0.04% | 0.12x | 292.57x | ZAC-2.82 Million |
| 2006 | 1.55% | 0.04% | 0.09x | 399.49x | ZAC-3.29 Million |
| 2007 | 0.01% | 0.04% | 0.10x | 1.68x | ZAC-1.37 Billion |
| 2008 | -0.50% | -3.36% | 0.10x | 1.55x | ZAC-2.08 Billion |
| 2009 | -4.81% | -2.01% | 0.11x | 22.54x | ZAC-212.60 Million |
| 2010 | 0.47% | 2.52% | 0.11x | 1.69x | ZAC-2.13 Billion |
| 2011 | -0.94% | -5.06% | 0.10x | 1.96x | ZAC-2.72 Billion |
| 2012 | -3.23% | -17.41% | 0.09x | 1.95x | ZAC-3.78 Billion |
| 2013 | -483.65% | -17.40% | 0.09x | 308.43x | ZAC-1.03 Billion |
| 2014 | 11.18% | 84.47% | 0.08x | 1.67x | ZAC589.50 Million |
| 2015 | 10.98% | 88.37% | 0.07x | 1.68x | ZAC618.10 Million |
| 2016 | 7.55% | 50.48% | 0.09x | 1.74x | ZAC-1.67 Billion |
| 2017 | 10.44% | 69.96% | 0.08x | 1.76x | ZAC319.50 Million |
| 2018 | 8.85% | 60.98% | 0.08x | 1.82x | ZAC-864.30 Million |
| 2019 | 8.44% | 54.71% | 0.08x | 1.89x | ZAC-1.17 Billion |
| 2020 | -10.11% | -55.54% | 0.07x | 2.48x | ZAC-13.65 Billion |
| 2021 | -0.75% | -3.79% | 0.08x | 2.33x | ZAC-7.14 Billion |
| 2022 | 11.15% | 60.83% | 0.08x | 2.31x | ZAC815.80 Million |
| 2023 | 3.28% | 17.15% | 0.08x | 2.39x | ZAC-4.84 Billion |
| 2024 | 1.86% | 8.81% | 0.09x | 2.43x | ZAC-5.56 Billion |
| 2025 | 8.11% | 40.23% | 0.09x | 2.26x | ZAC-1.27 Billion |
Industry Comparison
This section compares Growthpoint Properties Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $10,107,989,900
- Average return on equity (ROE) among peers: -0.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Growthpoint Properties Ltd (GRT) | ZAC82.25 Billion | 1.46% | 0.85x | $30.34 Million |
| aReit Prop Ltd (APO) | $913.92 Million | -1.01% | 0.00x | $17.94K |
| Attacq (ATT) | $13.90 Billion | 4.53% | 0.97x | $6.06 Million |
| Burstone Group Limited (BTN) | $14.65 Billion | 11.65% | 1.13x | $3.98 Million |
| Emira Property Fund (EMI) | $7.35 Billion | 6.36% | 0.81x | $3.32 Million |
| Oasis Crescent Property Fund (OAS) | $1.08 Billion | 7.96% | 0.04x | $388.09K |
| Octodec (OCT) | $6.42 Billion | 3.37% | 0.78x | $2.07 Million |
| Redefine Properties Ltd (RDF) | $38.83 Billion | -42.78% | 1.12x | $25.15 Million |
| Rebosis Property Fund Ltd (REA) | $3.19 Billion | -9.14% | 3.24x | $91.53K |
| Rebosis (REB) | $4.64 Billion | 14.78% | 0.69x | $91.53K |