Investec Ltd

JSE:INL South Africa Banks - Regional
Market Cap
$1.75 Billion
ZAC3.29 Trillion ZAC
Market Cap Rank
#20171 Global
#15 in South Africa
Share Price
ZAC13000.00
Change (1 day)
+1.11%
52-Week Range
ZAC10346.00 - ZAC13928.00
All Time High
ZAC14167.00
About

Investec Group provides various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice;… Read more

Investec Ltd (INL) - Net Assets

Latest net assets as of September 2025: ZAC-615.43 Billion ZAC

Based on the latest financial reports, Investec Ltd (INL) has net assets worth ZAC-615.43 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 (ZAC30.44 Billion) and total liabilities (ZAC645.87 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 ZAC-615.43 Billion
% of Total Assets -2022.04%
Annual Growth Rate 9.73%
5-Year Change -90.67%
10-Year Change 46.52%
Growth Volatility 181.21

Investec Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Investec 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 Investec Ltd (2000–2025)

The table below shows the annual net assets of Investec Ltd from 2000 to 2025.

Year Net Assets Change
2025-03-31 ZAC5.65 Billion +3.30%
2024-03-31 ZAC5.47 Billion +3.12%
2023-03-31 ZAC5.31 Billion -91.51%
2022-03-31 ZAC62.53 Billion +3.14%
2021-03-31 ZAC60.63 Billion +6.97%
2020-03-31 ZAC56.67 Billion +1.91%
2019-03-31 ZAC55.62 Billion +924.54%
2018-03-31 ZAC5.43 Billion +12.89%
2017-03-31 ZAC4.81 Billion +24.60%
2016-03-31 ZAC3.86 Billion -4.48%
2015-03-31 ZAC4.04 Billion +0.68%
2014-03-31 ZAC4.01 Billion +0.21%
2013-03-31 ZAC4.00 Billion -0.20%
2012-03-31 ZAC4.01 Billion +1.30%
2011-03-31 ZAC3.96 Billion +20.33%
2010-03-31 ZAC3.29 Billion +25.62%
2009-03-31 ZAC2.62 Billion +18.58%
2008-03-31 ZAC2.21 Billion +21.40%
2007-03-31 ZAC1.82 Billion +20.39%
2006-03-31 ZAC1.51 Billion +41.93%
2005-03-31 ZAC1.07 Billion +32.28%
2004-03-31 ZAC805.40 Million +9.46%
2003-03-31 ZAC735.77 Million -4.17%
2002-03-31 ZAC767.77 Million +27.40%
2001-03-31 ZAC602.63 Million +8.63%
2000-03-31 ZAC554.76 Million --

Equity Component Analysis

This analysis shows how different components contribute to Investec 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 509319400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC5.09 Billion 90.05%
Common Stock ZAC243.00K 0.00%
Other Comprehensive Income ZAC-434.28 Million -7.68%
Other Components ZAC996.71 Million 17.62%
Total Equity ZAC5.66 Billion 100.00%

Investec Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,473,917,000 to 5,655,871,000, a change of 181,954,000 (3.3%).
  • Net income of 693,482,000 contributed positively to equity growth.
  • Dividend payments of 320,788,000 reduced retained earnings.
  • Share repurchases of 69,681,000 reduced equity.
  • Other comprehensive income decreased equity by 100,327,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC693.48 Million +12.26%
Dividends Paid ZAC320.79 Million -5.67%
Share Repurchases ZAC69.68 Million -1.23%
Other Comprehensive Income ZAC-100.33 Million -1.77%
Other Changes ZAC-20.73 Million -0.37%
Total Change ZAC- 3.32%

Book Value vs Market Value Analysis

This analysis compares Investec 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: 2036.71x
  • 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 10401.64x to 2036.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-03-31 ZAC1.25 ZAC13000.00 x
2001-03-31 ZAC1.27 ZAC13000.00 x
2002-03-31 ZAC1.50 ZAC13000.00 x
2003-03-31 ZAC1.53 ZAC13000.00 x
2004-03-31 ZAC1.50 ZAC13000.00 x
2005-03-31 ZAC1.75 ZAC13000.00 x
2006-03-31 ZAC2.06 ZAC13000.00 x
2007-03-31 ZAC2.51 ZAC13000.00 x
2008-03-31 ZAC2.94 ZAC13000.00 x
2009-03-31 ZAC3.38 ZAC13000.00 x
2010-03-31 ZAC4.06 ZAC13000.00 x
2011-03-31 ZAC4.51 ZAC13000.00 x
2012-03-31 ZAC4.34 ZAC13000.00 x
2013-03-31 ZAC4.10 ZAC13000.00 x
2014-03-31 ZAC3.90 ZAC13000.00 x
2015-03-31 ZAC3.88 ZAC13000.00 x
2016-03-31 ZAC3.71 ZAC13000.00 x
2017-03-31 ZAC4.44 ZAC13000.00 x
2018-03-31 ZAC5.02 ZAC13000.00 x
2019-03-31 ZAC46.50 ZAC13000.00 x
2020-03-31 ZAC46.25 ZAC13000.00 x
2021-03-31 ZAC52.20 ZAC13000.00 x
2022-03-31 ZAC55.05 ZAC13000.00 x
2023-03-31 ZAC5.26 ZAC13000.00 x
2024-03-31 ZAC6.19 ZAC13000.00 x
2025-03-31 ZAC6.38 ZAC13000.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Investec 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): 12.26%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 34.75%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 10.30x
  • Recent ROE (12.26%) is above the historical average (9.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 13.56% 0.00% 0.00x 30.36x ZAC18.79 Million
2001 13.98% 0.00% 0.00x 27.60x ZAC23.04 Million
2002 2.12% 2.89% 0.03x 23.09x ZAC-57.87 Million
2003 -23.94% -31.80% 0.04x 21.46x ZAC-236.55 Million
2004 2.38% 3.12% 0.04x 19.99x ZAC-58.38 Million
2005 10.09% 8.74% 0.08x 14.56x ZAC950.30K
2006 25.69% 25.00% 0.05x 19.49x ZAC192.45 Million
2007 22.06% 26.29% 0.05x 17.05x ZAC186.07 Million
2008 20.49% 22.95% 0.05x 17.84x ZAC200.44 Million
2009 12.71% 16.03% 0.05x 16.27x ZAC62.33 Million
2010 11.71% 16.77% 0.04x 15.76x ZAC50.63 Million
2011 11.53% 22.39% 0.04x 13.97x ZAC55.76 Million
2012 6.66% 10.97% 0.04x 13.87x ZAC-124.11 Million
2013 8.33% 15.45% 0.04x 13.69x ZAC-62.37 Million
2014 9.29% 17.09% 0.04x 13.21x ZAC-25.28 Million
2015 6.95% 12.54% 0.04x 12.56x ZAC-107.63 Million
2016 10.88% 20.30% 0.04x 13.39x ZAC29.82 Million
2017 10.63% 19.51% 0.04x 12.86x ZAC26.08 Million
2018 10.65% 21.09% 0.04x 12.14x ZAC30.92 Million
2019 1.20% 28.17% 0.00x 14.98x ZAC-3.88 Billion
2020 2.57% 63.79% 0.00x 13.05x ZAC-3.27 Billion
2021 0.55% 18.10% 0.00x 11.20x ZAC-4.64 Billion
2022 0.99% 27.43% 0.00x 11.47x ZAC-4.71 Billion
2023 16.49% 44.69% 0.03x 11.91x ZAC316.78 Million
2024 17.19% 19.70% 0.08x 10.34x ZAC393.65 Million
2025 12.26% 34.75% 0.03x 10.30x ZAC127.89 Million

Industry Comparison

This section compares Investec Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $42,613,029,600
  • Average return on equity (ROE) among peers: 15.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Investec Ltd (INL) ZAC-615.43 Billion 13.56% N/A $62.98 Million
Absa Group Ltd (ABG) $132.30 Billion 4.89% 10.57x $91.91 Million
ABSA Bank Limited (ABSP) $58.93 Billion 15.78% 12.81x $473.44K
Capitec Bank Holdings Ltd (CPI) $1.73 Billion 26.00% 4.49x $286.37 Million
RMB Holdings Ltd (RMH) $19.00 Billion 18.51% 0.03x $347.93K
Sasfin (SFN) $1.11 Billion 10.27% 2.94x $457.92K