HomeChoice Investments Ltd
HomeChoice International plc operates as an omni-channel retailer in South Africa. It operates through Weaver Fintech, Retail, and Other segments. The company sells a range of homewares, appliances and electronics, fashion and footwear, and furniture products under the HomeChoice brand. It also provides customer payments, digital personal lending, value-added services, and insurance products, suc… Read more
HomeChoice Investments Ltd (HIL) - Net Assets
Latest net assets as of June 2025: ZAC4.07 Billion ZAC
Based on the latest financial reports, HomeChoice Investments Ltd (HIL) has net assets worth ZAC4.07 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 (ZAC8.50 Billion) and total liabilities (ZAC4.43 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 | ZAC4.07 Billion |
| % of Total Assets | 47.84% |
| Annual Growth Rate | 11.27% |
| 5-Year Change | 23.78% |
| 10-Year Change | 120.22% |
| Growth Volatility | 6.06 |
HomeChoice Investments Ltd - Net Assets Trend (2012–2024)
This chart illustrates how HomeChoice Investments 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 HomeChoice Investments Ltd (2012–2024)
The table below shows the annual net assets of HomeChoice Investments Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC3.86 Billion | +5.99% |
| 2023-12-31 | ZAC3.64 Billion | +5.11% |
| 2022-12-31 | ZAC3.46 Billion | +6.07% |
| 2021-12-31 | ZAC3.26 Billion | +4.75% |
| 2020-12-31 | ZAC3.12 Billion | +5.77% |
| 2019-12-31 | ZAC2.95 Billion | +9.76% |
| 2018-12-31 | ZAC2.68 Billion | +12.47% |
| 2017-12-31 | ZAC2.39 Billion | +17.55% |
| 2016-12-31 | ZAC2.03 Billion | +15.92% |
| 2015-12-31 | ZAC1.75 Billion | +10.97% |
| 2014-12-31 | ZAC1.58 Billion | +22.76% |
| 2013-12-31 | ZAC1.29 Billion | +20.12% |
| 2012-12-31 | ZAC1.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HomeChoice Investments 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 261.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC3.79 Billion | 97.81% |
| Common Stock | ZAC1.00 Million | 0.03% |
| Other Components | ZAC84.00 Million | 2.17% |
| Total Equity | ZAC3.87 Billion | 100.00% |
HomeChoice Investments Ltd Competitors by Market Cap
The table below lists competitors of HomeChoice Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PEER FOR YOU PUBLIC COMPANY LIMITED
BK:PEER
|
$2.06 Million |
|
LOWE'S COM
MU:LWE
|
$2.06 Million |
|
PT Paperocks Indonesia Tbk
JK:PPRI
|
$2.06 Million |
|
ACCIONA - Dusseldorf Stock Exchang
DU:AJ3
|
$2.06 Million |
|
Abasca Resources Inc.
V:ABA
|
$2.06 Million |
|
SPL Industries Limited
NSE:SPLIL
|
$2.06 Million |
|
Moho Resources Ltd
AU:MOH
|
$2.06 Million |
|
Broad Street Realty Inc
OTCQX:BRST
|
$2.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HomeChoice Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,654,000,000 to 3,874,000,000, a change of 220,000,000 (6.0%).
- Net income of 413,000,000 contributed positively to equity growth.
- Dividend payments of 190,000,000 reduced retained earnings.
- Share repurchases of 4,000,000 reduced equity.
- Other comprehensive income decreased equity by 57,000,000.
- Other factors increased equity by 58,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC413.00 Million | +10.66% |
| Dividends Paid | ZAC190.00 Million | -4.9% |
| Share Repurchases | ZAC4.00 Million | -0.1% |
| Other Comprehensive Income | ZAC-57.00 Million | -1.47% |
| Other Changes | ZAC58.00 Million | +1.5% |
| Total Change | ZAC- | 6.02% |
Book Value vs Market Value Analysis
This analysis compares HomeChoice Investments 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: 100.92x
- 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 351.12x to 100.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ZAC10.54 | ZAC3700.00 | x |
| 2013-12-31 | ZAC12.76 | ZAC3700.00 | x |
| 2014-12-31 | ZAC15.50 | ZAC3700.00 | x |
| 2015-12-31 | ZAC16.96 | ZAC3700.00 | x |
| 2016-12-31 | ZAC19.62 | ZAC3700.00 | x |
| 2017-12-31 | ZAC22.73 | ZAC3700.00 | x |
| 2018-12-31 | ZAC25.41 | ZAC3700.00 | x |
| 2019-12-31 | ZAC27.76 | ZAC3700.00 | x |
| 2020-12-31 | ZAC29.59 | ZAC3700.00 | x |
| 2021-12-31 | ZAC30.42 | ZAC3700.00 | x |
| 2022-12-31 | ZAC32.48 | ZAC3700.00 | x |
| 2023-12-31 | ZAC34.70 | ZAC3700.00 | x |
| 2024-12-31 | ZAC36.66 | ZAC3700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HomeChoice Investments 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): 10.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.33%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.98x
- Recent ROE (10.66%) is below the historical average (16.36%), 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 | 26.58% | 19.83% | 1.04x | 1.28x | ZAC177.46 Million |
| 2013 | 24.06% | 33.27% | 0.53x | 1.38x | ZAC180.75 Million |
| 2014 | 22.51% | 32.82% | 0.50x | 1.37x | ZAC197.49 Million |
| 2015 | 22.53% | 17.67% | 0.85x | 1.49x | ZAC219.42 Million |
| 2016 | 20.93% | 28.37% | 0.47x | 1.58x | ZAC221.84 Million |
| 2017 | 21.78% | 29.71% | 0.48x | 1.51x | ZAC281.05 Million |
| 2018 | 19.67% | 16.26% | 0.83x | 1.46x | ZAC259.60 Million |
| 2019 | 15.44% | 13.06% | 0.80x | 1.48x | ZAC160.40 Million |
| 2020 | 5.36% | 5.10% | 0.71x | 1.47x | ZAC-144.60 Million |
| 2021 | 5.12% | 4.87% | 0.71x | 1.48x | ZAC-159.40 Million |
| 2022 | 8.88% | 8.42% | 0.66x | 1.61x | ZAC-38.90 Million |
| 2023 | 9.17% | 9.12% | 0.60x | 1.66x | ZAC-30.40 Million |
| 2024 | 10.66% | 9.33% | 0.58x | 1.98x | ZAC25.60 Million |
Industry Comparison
This section compares HomeChoice Investments Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $2,776,332,333
- Average return on equity (ROE) among peers: 12.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HomeChoice Investments Ltd (HIL) | ZAC4.07 Billion | 26.58% | 1.09x | $2.06 Million |
| Kaap Agri Bedryf Employee and Farm Worker Bee Trust (KAL) | $3.38 Billion | 11.69% | 1.43x | $1.66 Million |
| Lewis Group Limited (LEW) | $4.83 Billion | 18.77% | 0.50x | $2.46 Million |
| Nictus (NCS) | $112.58 Million | 5.85% | 6.73x | $67.88K |