Invicta (IVT) - Net Assets
Based on the latest financial reports, Invicta (IVT) has net assets worth ZAC5.41 Billion ZAC (≈ $2.87 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC9.55 Billion ≈ $5.08 Million USD) and total liabilities (ZAC4.15 Billion ≈ $2.20 Million USD). 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. Check IVT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC5.41 Billion |
| % of Total Assets | 56.6% |
| Annual Growth Rate | 12.37% |
| 5-Year Change | 15.36% |
| 10-Year Change | 7.95% |
| Growth Volatility | 15.27 |
Invicta - Net Assets Trend (2005–2025)
This chart illustrates how Invicta's net assets have evolved over time, based on quarterly financial data. Also explore Invicta assets under control for the complete picture of this company's asset base.
Annual Net Assets for Invicta (2005–2025)
The table below shows the annual net assets of Invicta from 2005 to 2025. For live valuation and market cap data, see IVT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ZAC5.45 Billion ≈ $2.90 Million |
-5.52% |
| 2024-03-31 | ZAC5.77 Billion ≈ $3.07 Million |
+8.07% |
| 2023-03-31 | ZAC5.34 Billion ≈ $2.84 Million |
+13.78% |
| 2022-03-31 | ZAC4.69 Billion ≈ $2.49 Million |
-0.71% |
| 2021-03-31 | ZAC4.73 Billion ≈ $2.51 Million |
+1.98% |
| 2020-03-31 | ZAC4.63 Billion ≈ $2.46 Million |
-10.57% |
| 2019-03-31 | ZAC5.18 Billion ≈ $2.75 Million |
+1.81% |
| 2018-03-31 | ZAC5.09 Billion ≈ $2.70 Million |
-3.39% |
| 2017-03-31 | ZAC5.27 Billion ≈ $2.80 Million |
+4.32% |
| 2016-03-31 | ZAC5.05 Billion ≈ $2.68 Million |
+8.94% |
| 2015-03-31 | ZAC4.64 Billion ≈ $2.46 Million |
+30.25% |
| 2014-03-31 | ZAC3.56 Billion ≈ $1.89 Million |
+14.98% |
| 2013-03-31 | ZAC3.10 Billion ≈ $1.64 Million |
+53.86% |
| 2012-03-31 | ZAC2.01 Billion ≈ $1.07 Million |
+8.45% |
| 2011-03-31 | ZAC1.85 Billion ≈ $985.76K |
+14.97% |
| 2010-03-31 | ZAC1.61 Billion ≈ $857.37K |
+20.73% |
| 2009-03-31 | ZAC1.34 Billion ≈ $710.15K |
+19.55% |
| 2008-03-31 | ZAC1.12 Billion ≈ $594.02K |
+20.08% |
| 2007-03-31 | ZAC930.85 Million ≈ $494.70K |
+29.55% |
| 2006-03-31 | ZAC718.53 Million ≈ $381.86K |
+35.88% |
| 2005-03-31 | ZAC528.81 Million ≈ $281.04K |
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Equity Component Analysis
This analysis shows how different components contribute to Invicta'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 716.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.84 Billion | 52.90% |
| Common Stock | ZAC2.21 Billion | 41.20% |
| Other Comprehensive Income | ZAC316.24 Million | 5.89% |
| Total Equity | ZAC5.37 Billion | 100.00% |
Invicta Competitors by Market Cap
The table below lists competitors of Invicta ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zanlakol Ltd
TA:ZNKL
|
$170.39 Million |
|
Kobay Tech Bhd
KLSE:6971
|
$170.42 Million |
|
Aumann AG
XETRA:AAG
|
$170.49 Million |
|
Protalix Biotherapeutics Inc
NYSE MKT:PLX
|
$170.49 Million |
|
KT Hitel Corporation. Limited
KQ:036030
|
$170.08 Million |
|
TS Corporation
KO:001790
|
$170.07 Million |
|
Dye & Durham Ltd
TO:DND
|
$170.07 Million |
|
New England Realty Associates LP
NYSE MKT:NEN
|
$170.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Invicta's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,687,318,000 to 5,367,006,000, a change of -320,312,000 (-5.6%).
- Net income of 769,014,000 contributed positively to equity growth.
- Dividend payments of 165,978,000 reduced retained earnings.
- Share repurchases of 862,568,000 reduced equity.
- Other comprehensive income decreased equity by 103,995,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC769.01 Million | +14.33% |
| Dividends Paid | ZAC165.98 Million | -3.09% |
| Share Repurchases | ZAC862.57 Million | -16.07% |
| Other Comprehensive Income | ZAC-104.00 Million | -1.94% |
| Other Changes | ZAC43.22 Million | +0.81% |
| Total Change | ZAC- | -5.63% |
Book Value vs Market Value Analysis
This analysis compares Invicta'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: 66.62x
- 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 455.58x to 66.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ZAC8.12 | ZAC3700.00 | x |
| 2006-03-31 | ZAC8.51 | ZAC3700.00 | x |
| 2007-03-31 | ZAC10.37 | ZAC3700.00 | x |
| 2008-03-31 | ZAC12.19 | ZAC3700.00 | x |
| 2009-03-31 | ZAC14.83 | ZAC3700.00 | x |
| 2010-03-31 | ZAC17.44 | ZAC3700.00 | x |
| 2011-03-31 | ZAC20.18 | ZAC3700.00 | x |
| 2012-03-31 | ZAC22.76 | ZAC3700.00 | x |
| 2013-03-31 | ZAC32.35 | ZAC3700.00 | x |
| 2014-03-31 | ZAC36.77 | ZAC3700.00 | x |
| 2015-03-31 | ZAC57.08 | ZAC3700.00 | x |
| 2016-03-31 | ZAC45.48 | ZAC3700.00 | x |
| 2017-03-31 | ZAC47.83 | ZAC3700.00 | x |
| 2018-03-31 | ZAC46.66 | ZAC3700.00 | x |
| 2019-03-31 | ZAC47.32 | ZAC3700.00 | x |
| 2020-03-31 | ZAC42.13 | ZAC3700.00 | x |
| 2021-03-31 | ZAC41.43 | ZAC3700.00 | x |
| 2022-03-31 | ZAC41.55 | ZAC3700.00 | x |
| 2023-03-31 | ZAC51.40 | ZAC3700.00 | x |
| 2024-03-31 | ZAC58.21 | ZAC3700.00 | x |
| 2025-03-31 | ZAC55.54 | ZAC3700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Invicta 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): 14.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.48%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.72x
- Recent ROE (14.33%) is below the historical average (16.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 28.37% | 7.74% | 1.95x | 1.88x | ZAC97.16 Million |
| 2006 | 17.42% | 6.54% | 0.77x | 3.48x | ZAC53.31 Million |
| 2007 | 24.57% | 8.17% | 0.89x | 3.37x | ZAC129.11 Million |
| 2008 | 29.33% | 9.02% | 0.64x | 5.09x | ZAC198.30 Million |
| 2009 | 30.08% | 8.02% | 0.75x | 4.98x | ZAC242.21 Million |
| 2010 | 25.32% | 9.21% | 0.67x | 4.11x | ZAC221.09 Million |
| 2011 | 26.45% | 9.40% | 0.66x | 4.28x | ZAC265.10 Million |
| 2012 | 26.36% | 9.19% | 0.67x | 4.28x | ZAC319.39 Million |
| 2013 | 26.58% | 9.46% | 0.62x | 4.54x | ZAC446.06 Million |
| 2014 | 20.99% | 6.17% | 0.78x | 4.37x | ZAC338.19 Million |
| 2015 | 14.55% | 6.20% | 0.73x | 3.20x | ZAC202.84 Million |
| 2016 | 10.12% | 4.63% | 0.71x | 3.06x | ZAC5.74 Million |
| 2017 | 12.04% | 6.39% | 0.59x | 3.18x | ZAC104.14 Million |
| 2018 | 4.21% | 2.18% | 0.93x | 2.07x | ZAC-288.76 Million |
| 2019 | 4.30% | 2.08% | 0.93x | 2.23x | ZAC-288.64 Million |
| 2020 | -15.09% | -6.77% | 0.96x | 2.31x | ZAC-1.13 Billion |
| 2021 | 7.97% | 5.86% | 0.72x | 1.89x | ZAC-93.59 Million |
| 2022 | 19.07% | 12.28% | 0.91x | 1.71x | ZAC419.87 Million |
| 2023 | 10.71% | 7.24% | 0.89x | 1.67x | ZAC37.27 Million |
| 2024 | 9.97% | 6.85% | 0.89x | 1.64x | ZAC-1.68 Million |
| 2025 | 14.33% | 9.48% | 0.88x | 1.72x | ZAC232.31 Million |
Industry Comparison
This section compares Invicta's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $692,600,000
- Average return on equity (ROE) among peers: 12.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Invicta (IVT) | ZAC5.41 Billion | 28.37% | 0.77x | $170.34 Million |
| Hudaco (HDC) | $1.31 Billion | 18.05% | 2.08x | $290.35 Million |
| Marshall Monteagle PLC (MMP) | $71.67 Million | 7.72% | 0.81x | $78.61 Million |
About Invicta
Invicta Holdings Limited, an investment holding company, engages in the distribution of engineering components and consumables in South Africa, the Rest of Africa, Europe, and Asia. It operates in Replacement Parts for Industrial Equipment; Replacement Parts for Auto and Agri; Capital Equipment and Related Services; and Replacement Parts for Earthmoving Equipment. The company offers technical ser… Read more