iOCO Limited
iOCO Limited provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East. It offers advisory; agile; artificial intelligence; automation; cloud and cyber security; data; enterprise resource planning; financial performance management; managed services; software testing; security and building management; and software and development service… Read more
iOCO Limited (IOC) - Net Assets
Latest net assets as of January 2025: R616.67 Million ZAR
Based on the latest financial reports, iOCO Limited (IOC) has net assets worth R616.67 Million ZAR as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R2.99 Billion) and total liabilities (R2.37 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 | R616.67 Million |
| % of Total Assets | 20.62% |
| Annual Growth Rate | 11.82% |
| 5-Year Change | -7.6% |
| 10-Year Change | -88.94% |
| Growth Volatility | 185.36 |
iOCO Limited - Net Assets Trend (2002–2024)
This chart illustrates how iOCO Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for iOCO Limited (2002–2024)
The table below shows the annual net assets of iOCO Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | R498.52 Million | -15.17% |
| 2023-07-31 | R587.67 Million | +878.57% |
| 2022-07-31 | R60.05 Million | -66.22% |
| 2021-07-31 | R177.79 Million | -67.04% |
| 2020-07-31 | R539.50 Million | -72.43% |
| 2019-07-31 | R1.96 Billion | -75.93% |
| 2018-07-31 | R8.13 Billion | -5.06% |
| 2017-07-31 | R8.56 Billion | +30.00% |
| 2016-07-31 | R6.59 Billion | +46.07% |
| 2015-07-31 | R4.51 Billion | +71.51% |
| 2014-07-31 | R2.63 Billion | +62.20% |
| 2013-07-31 | R1.62 Billion | +43.45% |
| 2012-07-31 | R1.13 Billion | +58.90% |
| 2011-07-31 | R711.06 Million | +59.33% |
| 2010-07-31 | R446.27 Million | +44.98% |
| 2009-07-31 | R307.80 Million | +26.78% |
| 2008-07-31 | R242.78 Million | +21.93% |
| 2007-07-31 | R199.11 Million | +32.31% |
| 2006-07-31 | R150.49 Million | +69.01% |
| 2005-07-31 | R89.04 Million | +31.81% |
| 2004-07-31 | R67.55 Million | +28.09% |
| 2003-07-31 | R52.73 Million | +23.52% |
| 2002-07-31 | R42.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to iOCO Limited'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 decreased by 433844900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R4.77 Billion | 1021.92% |
| Other Comprehensive Income | R31.14 Million | 6.67% |
| Total Equity | R467.21 Million | 100.00% |
iOCO Limited Competitors by Market Cap
The table below lists competitors of iOCO Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gix Internet Ltd
TA:ALMO
|
$135.71 Million |
|
AnGes Inc
OTCGREY:AMGXF
|
$135.73 Million |
|
Avalue Technology
TWO:3479
|
$135.83 Million |
|
Dong Phu Rubber JSC
VN:DPR
|
$135.84 Million |
|
Dar Global Plc
LSE:DAR
|
$135.68 Million |
|
Brii Biosciences Limited
PINK:BRIBF
|
$135.65 Million |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
$135.61 Million |
|
908 Devices Inc
NASDAQ:MASS
|
$135.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iOCO Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 560,780,000 to 467,212,000, a change of -93,568,000 (-16.7%).
- Net loss of 65,920,000 reduced equity.
- Other comprehensive income decreased equity by 80,438,000.
- Other factors increased equity by 52,790,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R-65.92 Million | -14.11% |
| Other Comprehensive Income | R-80.44 Million | -17.22% |
| Other Changes | R52.79 Million | +11.3% |
| Total Change | R- | -16.69% |
Book Value vs Market Value Analysis
This analysis compares iOCO Limited'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: 547.72x
- 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 842.00x to 547.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-07-31 | R0.48 | R406.00 | x |
| 2003-07-31 | R0.69 | R406.00 | x |
| 2004-07-31 | R0.80 | R406.00 | x |
| 2005-07-31 | R0.84 | R406.00 | x |
| 2006-07-31 | R1.35 | R406.00 | x |
| 2007-07-31 | R1.74 | R406.00 | x |
| 2008-07-31 | R2.10 | R406.00 | x |
| 2009-07-31 | R2.56 | R406.00 | x |
| 2010-07-31 | R3.90 | R406.00 | x |
| 2011-07-31 | R5.13 | R406.00 | x |
| 2012-07-31 | R7.07 | R406.00 | x |
| 2013-07-31 | R9.34 | R406.00 | x |
| 2014-07-31 | R13.86 | R406.00 | x |
| 2015-07-31 | R21.48 | R406.00 | x |
| 2016-07-31 | R29.22 | R406.00 | x |
| 2017-07-31 | R36.12 | R406.00 | x |
| 2018-07-31 | R34.57 | R406.00 | x |
| 2019-07-31 | R7.26 | R406.00 | x |
| 2020-07-31 | R1.62 | R406.00 | x |
| 2021-07-31 | R0.58 | R406.00 | x |
| 2022-07-31 | R0.12 | R406.00 | x |
| 2023-07-31 | R1.28 | R406.00 | x |
| 2024-07-31 | R0.74 | R406.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iOCO Limited 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): -14.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.09%
- • Asset Turnover: 1.96x
- • Equity Multiplier: 6.61x
- Recent ROE (-14.11%) is above the historical average (-35.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 28.01% | 10.46% | 1.17x | 2.29x | R7.69 Million |
| 2003 | 27.41% | 8.18% | 1.74x | 1.92x | R9.14 Million |
| 2004 | 28.33% | 6.39% | 1.79x | 2.48x | R12.38 Million |
| 2005 | 27.33% | 5.51% | 1.70x | 2.92x | R14.69 Million |
| 2006 | 24.89% | 7.44% | 1.62x | 2.06x | R22.41 Million |
| 2007 | 24.72% | 6.98% | 1.68x | 2.11x | R29.26 Million |
| 2008 | 25.20% | 6.41% | 1.86x | 2.11x | R36.79 Million |
| 2009 | 25.24% | 6.20% | 1.48x | 2.74x | R47.00 Million |
| 2010 | 21.06% | 5.78% | 1.49x | 2.45x | R51.36 Million |
| 2011 | 20.74% | 6.06% | 1.48x | 2.31x | R76.28 Million |
| 2012 | 19.72% | 6.11% | 1.45x | 2.23x | R109.73 Million |
| 2013 | 20.46% | 6.52% | 1.47x | 2.13x | R169.48 Million |
| 2014 | 18.62% | 6.75% | 1.27x | 2.17x | R225.79 Million |
| 2015 | 15.35% | 7.10% | 1.16x | 1.86x | R240.70 Million |
| 2016 | 14.10% | 7.27% | 0.97x | 2.01x | R269.74 Million |
| 2017 | 13.69% | 7.52% | 0.93x | 1.97x | R313.72 Million |
| 2018 | -19.55% | -13.09% | 0.75x | 1.98x | R-2.39 Billion |
| 2019 | -275.50% | -49.12% | 1.09x | 5.14x | R-5.47 Billion |
| 2020 | -332.94% | -16.84% | 1.22x | 16.20x | R-1.52 Billion |
| 2021 | -177.40% | -4.32% | 1.19x | 34.38x | R-295.42 Million |
| 2022 | -348.20% | -1.95% | 1.61x | 111.36x | R-120.69 Million |
| 2023 | -10.27% | -0.92% | 1.82x | 6.11x | R-113.65 Million |
| 2024 | -14.11% | -1.09% | 1.96x | 6.61x | R-112.64 Million |
Industry Comparison
This section compares iOCO Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,882,575,148
- Average return on equity (ROE) among peers: 35.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iOCO Limited (IOC) | R616.67 Million | 28.01% | 3.85x | $135.70 Million |
| 4Sight Holdings Ltd (4SI) | $111.25 Million | 25.71% | 1.34x | $210.25K |
| Allied Electronics Corporation Ltd (AEL) | $2.54 Billion | 7.35% | 2.72x | $4.12 Million |
| Ayo Technology Solutions Ltd (AYO) | $17.10 Million | 194.80% | 5.26x | $88.61K |
| Capital Appreciation Ltd (CTA) | $1.48 Billion | 11.00% | 0.08x | $1.13 Million |
| EOH Holdings Limited (EOH) | $6.59 Billion | 14.08% | 1.00x | $686.74K |
| PBT Group Ltd (PBG) | $365.98 Million | 18.36% | 0.29x | $127.62K |
| PBT Holdings Limited (PBT) | $56.80 Million | 0.70% | 0.05x | $3.50K |
| Transaction Capital (TCP) | $3.90 Billion | 13.97% | 2.68x | $908.67K |