Insimbi Refractory Alloy Supply

JSE:ISB South Africa Metal Fabrication
Market Cap
$10.74 Million
ZAC20.21 Billion ZAC
Market Cap Rank
#40430 Global
#168 in South Africa
Share Price
ZAC63.00
Change (1 day)
-10.00%
52-Week Range
ZAC40.00 - ZAC81.00
All Time High
ZAC138.35
About

Insimbi Industrial Holdings Limited provides ferrous and non-ferrous alloys, and refractory materials in South Africa and internationally. It operates through Non-Ferrous, Ferrous, and Refractory segments. The Non-Ferrous segment supplies non-ferrous recycled metals for the foundry, non-ferrous, automotive, heavy aluminum, and powder coating industries. The Refractory segment provides refractory … Read more

Insimbi Refractory Alloy Supply (ISB) - Net Assets

Latest net assets as of February 2025: ZAC556.24 Million ZAC

Based on the latest financial reports, Insimbi Refractory Alloy Supply (ISB) has net assets worth ZAC556.24 Million ZAC as of February 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.37 Billion) and total liabilities (ZAC817.19 Million). 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 ZAC556.24 Million
% of Total Assets 40.5%
Annual Growth Rate 12.83%
5-Year Change 8.55%
10-Year Change 271.35%
Growth Volatility 26.47

Insimbi Refractory Alloy Supply - Net Assets Trend (2009–2025)

This chart illustrates how Insimbi Refractory Alloy Supply's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Insimbi Refractory Alloy Supply (2009–2025)

The table below shows the annual net assets of Insimbi Refractory Alloy Supply from 2009 to 2025.

Year Net Assets Change
2025-02-28 ZAC556.24 Million -21.48%
2024-02-29 ZAC708.43 Million +0.90%
2023-02-28 ZAC702.14 Million +13.95%
2022-02-28 ZAC616.17 Million +20.25%
2021-02-28 ZAC512.42 Million +9.28%
2020-02-29 ZAC468.89 Million +5.45%
2019-02-28 ZAC444.66 Million +11.64%
2018-02-28 ZAC398.30 Million +27.95%
2017-02-28 ZAC311.29 Million +107.82%
2016-02-29 ZAC149.79 Million +14.20%
2015-02-28 ZAC131.16 Million +8.88%
2014-02-28 ZAC120.46 Million +13.62%
2013-02-28 ZAC106.02 Million +20.67%
2012-02-29 ZAC87.86 Million +10.17%
2011-02-28 ZAC79.75 Million +9.34%
2010-02-28 ZAC72.94 Million -9.58%
2009-02-28 ZAC80.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Insimbi Refractory Alloy Supply'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 911.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (February 2025)

Component Amount Percentage
Retained Earnings ZAC365.87 Million 65.78%
Common Stock ZAC152.98 Million 27.50%
Other Components ZAC37.39 Million 6.72%
Total Equity ZAC556.24 Million 100.00%

Insimbi Refractory Alloy Supply Competitors by Market Cap

The table below lists competitors of Insimbi Refractory Alloy Supply ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Insimbi Refractory Alloy Supply's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 708,435,000 to 556,238,000, a change of -152,197,000 (-21.5%).
  • Net loss of 110,545,000 reduced equity.
  • Share repurchases of 41,652,000 reduced equity.
  • Other comprehensive income decreased equity by 36,937,999.
  • Other factors increased equity by 36,937,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC-110.55 Million -19.87%
Share Repurchases ZAC41.65 Million -7.49%
Other Comprehensive Income ZAC-36.94 Million -6.64%
Other Changes ZAC36.94 Million +6.64%
Total Change ZAC- -21.48%

Book Value vs Market Value Analysis

This analysis compares Insimbi Refractory Alloy Supply'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: 38.68x
  • 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 203.05x to 38.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-02-28 ZAC0.31 ZAC63.00 x
2010-02-28 ZAC0.28 ZAC63.00 x
2011-02-28 ZAC0.31 ZAC63.00 x
2012-02-29 ZAC0.34 ZAC63.00 x
2013-02-28 ZAC0.42 ZAC63.00 x
2014-02-28 ZAC0.50 ZAC63.00 x
2015-02-28 ZAC0.56 ZAC63.00 x
2016-02-29 ZAC0.64 ZAC63.00 x
2017-02-28 ZAC1.09 ZAC63.00 x
2018-02-28 ZAC0.99 ZAC63.00 x
2019-02-28 ZAC1.10 ZAC63.00 x
2020-02-29 ZAC1.11 ZAC63.00 x
2021-02-28 ZAC1.17 ZAC63.00 x
2022-02-28 ZAC1.47 ZAC63.00 x
2023-02-28 ZAC1.81 ZAC63.00 x
2024-02-29 ZAC1.94 ZAC63.00 x
2025-02-28 ZAC1.63 ZAC63.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Insimbi Refractory Alloy Supply 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): -19.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.22%
  • • Asset Turnover: 3.63x
  • • Equity Multiplier: 2.47x
  • Recent ROE (-19.87%) is below the historical average (12.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 63.95% 5.32% 3.60x 3.34x ZAC43.52 Million
2010 14.59% 1.74% 2.43x 3.45x ZAC3.35 Million
2011 15.04% 1.64% 2.52x 3.64x ZAC4.02 Million
2012 -7.77% -0.81% 2.72x 3.54x ZAC-15.61 Million
2013 7.46% 0.96% 2.58x 3.02x ZAC-2.70 Million
2014 16.81% 2.16% 2.44x 3.19x ZAC8.22 Million
2015 19.67% 2.72% 2.51x 2.88x ZAC12.83 Million
2016 19.33% 3.08% 2.24x 2.81x ZAC14.19 Million
2017 9.49% 2.20% 1.63x 2.64x ZAC-1.58 Million
2018 17.92% 2.05% 4.00x 2.19x ZAC31.58 Million
2019 10.46% 1.03% 3.90x 2.62x ZAC2.05 Million
2020 6.99% 0.68% 3.35x 3.07x ZAC-14.10 Million
2021 8.56% 0.89% 3.02x 3.17x ZAC-7.36 Million
2022 16.92% 1.72% 3.79x 2.59x ZAC42.63 Million
2023 15.29% 1.87% 3.60x 2.27x ZAC37.13 Million
2024 6.05% 0.77% 3.49x 2.26x ZAC-27.97 Million
2025 -19.87% -2.22% 3.63x 2.47x ZAC-166.17 Million

Industry Comparison

This section compares Insimbi Refractory Alloy Supply's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $3,854,517,000
  • Average return on equity (ROE) among peers: 4.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Insimbi Refractory Alloy Supply (ISB) ZAC556.24 Million 63.95% 1.47x $129.57K
Hulamin (HLM) $3.85 Billion 4.25% 0.73x $383.04K