Italtile Ltd
Italtile Limited manufactures, retails, and franchises tiles, bathroom ware, and related home-finishing products in South Africa, rest of Africa, and Australia. The company imports, distributes, and retails brassware and accessories, laminate and vinyl floor boards, bathroom furniture, shower enclosures, sanitaryware, décor, and other home finishing products; tiles, and bathware and related produ… Read more
Italtile Ltd (ITE) - Net Assets
Latest net assets as of June 2025: ZAC8.39 Billion ZAC
Based on the latest financial reports, Italtile Ltd (ITE) has net assets worth ZAC8.39 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 (ZAC10.36 Billion) and total liabilities (ZAC1.97 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 | ZAC8.39 Billion |
| % of Total Assets | 80.95% |
| Annual Growth Rate | 15.04% |
| 5-Year Change | 24.95% |
| 10-Year Change | 150.16% |
| Growth Volatility | 11.25 |
Italtile Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Italtile 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 Italtile Ltd (2002–2025)
The table below shows the annual net assets of Italtile Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC8.39 Billion | -1.01% |
| 2024-06-30 | ZAC8.47 Billion | +9.09% |
| 2023-06-30 | ZAC7.77 Billion | +11.00% |
| 2022-06-30 | ZAC7.00 Billion | +4.25% |
| 2021-06-30 | ZAC6.71 Billion | +19.15% |
| 2020-06-30 | ZAC5.63 Billion | -3.82% |
| 2019-06-30 | ZAC5.86 Billion | +6.03% |
| 2018-06-30 | ZAC5.53 Billion | +46.44% |
| 2017-06-30 | ZAC3.77 Billion | +12.53% |
| 2016-06-30 | ZAC3.35 Billion | +22.64% |
| 2015-06-30 | ZAC2.73 Billion | +22.60% |
| 2014-06-30 | ZAC2.23 Billion | -3.17% |
| 2013-06-30 | ZAC2.30 Billion | +14.69% |
| 2012-06-30 | ZAC2.01 Billion | +17.63% |
| 2011-06-30 | ZAC1.71 Billion | +15.10% |
| 2010-06-30 | ZAC1.48 Billion | +10.18% |
| 2009-06-30 | ZAC1.35 Billion | +13.78% |
| 2008-06-30 | ZAC1.18 Billion | +21.21% |
| 2007-06-30 | ZAC976.00 Million | +22.92% |
| 2006-06-30 | ZAC794.00 Million | +20.07% |
| 2005-06-30 | ZAC661.29 Million | +28.57% |
| 2004-06-30 | ZAC514.34 Million | +17.51% |
| 2003-06-30 | ZAC437.70 Million | +30.86% |
| 2002-06-30 | ZAC334.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Italtile 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 1540.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC4.86 Billion | 60.08% |
| Common Stock | ZAC4.31 Billion | 53.32% |
| Other Comprehensive Income | ZAC207.00 Million | 2.56% |
| Total Equity | ZAC8.09 Billion | 100.00% |
Italtile Ltd Competitors by Market Cap
The table below lists competitors of Italtile Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Temas Resources Corp
OTCQB:TMASF
|
$5.72 Million |
|
Sego Resources Inc
V:SGZ
|
$5.73 Million |
|
Motio Ltd
AU:MXO
|
$5.73 Million |
|
Biomx Inc
NYSE MKT:PHGE
|
$5.73 Million |
|
PeopleBio Inc
KQ:304840
|
$5.72 Million |
|
VIQ Solutions Inc.
PINK:VQSSF
|
$5.72 Million |
|
Saville Resources Inc
V:SRE
|
$5.72 Million |
|
Alset AI Ventures Inc.
PINK:GPUSF
|
$5.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Italtile Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,171,000,000 to 8,091,000,000, a change of -80,000,000 (-1.0%).
- Net income of 1,494,000,000 contributed positively to equity growth.
- Dividend payments of 1,565,000,000 reduced retained earnings.
- Share repurchases of 15,000,000 reduced equity.
- Other comprehensive income decreased equity by 30,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC1.49 Billion | +18.46% |
| Dividends Paid | ZAC1.56 Billion | -19.34% |
| Share Repurchases | ZAC15.00 Million | -0.19% |
| Other Comprehensive Income | ZAC-30.00 Million | -0.37% |
| Other Changes | ZAC51.00 Million | +0.63% |
| Total Change | ZAC- | -0.98% |
Book Value vs Market Value Analysis
This analysis compares Italtile 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: 132.37x
- 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 2357.23x to 132.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | ZAC0.38 | ZAC900.00 | x |
| 2003-06-30 | ZAC0.52 | ZAC900.00 | x |
| 2004-06-30 | ZAC0.58 | ZAC900.00 | x |
| 2005-06-30 | ZAC0.74 | ZAC900.00 | x |
| 2006-06-30 | ZAC0.89 | ZAC900.00 | x |
| 2007-06-30 | ZAC1.11 | ZAC900.00 | x |
| 2008-06-30 | ZAC1.36 | ZAC900.00 | x |
| 2009-06-30 | ZAC1.55 | ZAC900.00 | x |
| 2010-06-30 | ZAC1.62 | ZAC900.00 | x |
| 2011-06-30 | ZAC1.68 | ZAC900.00 | x |
| 2012-06-30 | ZAC1.98 | ZAC900.00 | x |
| 2013-06-30 | ZAC2.30 | ZAC900.00 | x |
| 2014-06-30 | ZAC2.21 | ZAC900.00 | x |
| 2015-06-30 | ZAC2.79 | ZAC900.00 | x |
| 2016-06-30 | ZAC3.41 | ZAC900.00 | x |
| 2017-06-30 | ZAC3.92 | ZAC900.00 | x |
| 2018-06-30 | ZAC4.63 | ZAC900.00 | x |
| 2019-06-30 | ZAC4.57 | ZAC900.00 | x |
| 2020-06-30 | ZAC4.31 | ZAC900.00 | x |
| 2021-06-30 | ZAC5.18 | ZAC900.00 | x |
| 2022-06-30 | ZAC5.48 | ZAC900.00 | x |
| 2023-06-30 | ZAC6.17 | ZAC900.00 | x |
| 2024-06-30 | ZAC6.82 | ZAC900.00 | x |
| 2025-06-30 | ZAC6.80 | ZAC900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Italtile 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): 18.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.83%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.28x
- Recent ROE (18.46%) is below the historical average (23.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 29.57% | 15.55% | 1.11x | 1.71x | ZAC63.80 Million |
| 2003 | 28.09% | 16.01% | 1.19x | 1.48x | ZAC77.25 Million |
| 2004 | 31.00% | 19.37% | 1.06x | 1.51x | ZAC104.95 Million |
| 2005 | 31.18% | 19.01% | 1.07x | 1.53x | ZAC133.83 Million |
| 2006 | 30.50% | 18.13% | 1.15x | 1.46x | ZAC156.60 Million |
| 2007 | 28.60% | 18.28% | 1.10x | 1.42x | ZAC175.60 Million |
| 2008 | 23.75% | 16.82% | 1.04x | 1.36x | ZAC159.20 Million |
| 2009 | 19.91% | 19.95% | 0.67x | 1.48x | ZAC129.40 Million |
| 2010 | 19.76% | 20.75% | 0.66x | 1.45x | ZAC138.80 Million |
| 2011 | 20.71% | 22.29% | 0.66x | 1.40x | ZAC175.30 Million |
| 2012 | 19.58% | 20.49% | 0.70x | 1.36x | ZAC184.90 Million |
| 2013 | 19.74% | 21.69% | 0.77x | 1.18x | ZAC219.10 Million |
| 2014 | 23.36% | 18.75% | 1.00x | 1.25x | ZAC291.10 Million |
| 2015 | 26.20% | 22.47% | 1.00x | 1.16x | ZAC432.80 Million |
| 2016 | 24.70% | 22.97% | 0.93x | 1.15x | ZAC483.80 Million |
| 2017 | 22.76% | 23.02% | 0.88x | 1.12x | ZAC473.70 Million |
| 2018 | 20.46% | 17.81% | 0.96x | 1.20x | ZAC552.10 Million |
| 2019 | 22.35% | 17.96% | 0.94x | 1.32x | ZAC692.30 Million |
| 2020 | 18.08% | 14.41% | 0.90x | 1.39x | ZAC430.70 Million |
| 2021 | 27.04% | 18.81% | 1.06x | 1.35x | ZAC1.08 Billion |
| 2022 | 27.63% | 20.60% | 1.03x | 1.31x | ZAC1.18 Billion |
| 2023 | 21.45% | 17.57% | 0.94x | 1.31x | ZAC856.70 Million |
| 2024 | 17.89% | 16.13% | 0.87x | 1.28x | ZAC644.90 Million |
| 2025 | 18.46% | 16.83% | 0.86x | 1.28x | ZAC684.90 Million |
Industry Comparison
This section compares Italtile Ltd's net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $1,897,629,000
- Average return on equity (ROE) among peers: 11.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Italtile Ltd (ITE) | ZAC8.39 Billion | 29.57% | 0.24x | $5.72 Million |
| Cashbil (CSB) | $1.90 Billion | 11.66% | 2.48x | $1.58 Million |