Kaap Agri Bedryf Employee and Farm Worker Bee Trust (KAL) - Net Assets
Based on the latest financial reports, Kaap Agri Bedryf Employee and Farm Worker Bee Trust (KAL) has net assets worth ZAC3.64 Billion ZAC (≈ $1.93 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 (ZAC8.23 Billion ≈ $4.37 Million USD) and total liabilities (ZAC4.59 Billion ≈ $2.44 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 KAL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC3.64 Billion |
| % of Total Assets | 44.19% |
| Annual Growth Rate | 11.18% |
| 5-Year Change | 51.66% |
| 10-Year Change | 158.74% |
| Growth Volatility | 2.39 |
Kaap Agri Bedryf Employee and Farm Worker Bee Trust - Net Assets Trend (2012–2025)
This chart illustrates how Kaap Agri Bedryf Employee and Farm Worker Bee Trust's net assets have evolved over time, based on quarterly financial data. Also explore Kaap Agri Bedryf Employee and Farm Worke balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kaap Agri Bedryf Employee and Farm Worker Bee Trust (2012–2025)
The table below shows the annual net assets of Kaap Agri Bedryf Employee and Farm Worker Bee Trust from 2012 to 2025. For live valuation and market cap data, see Kaap Agri Bedryf Employee and Farm Worke market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | ZAC3.64 Billion ≈ $1.93 Million |
+7.55% |
| 2024-09-30 | ZAC3.38 Billion ≈ $1.80 Million |
+9.58% |
| 2023-09-30 | ZAC3.09 Billion ≈ $1.64 Million |
+9.34% |
| 2022-09-30 | ZAC2.82 Billion ≈ $1.50 Million |
+17.69% |
| 2021-09-30 | ZAC2.40 Billion ≈ $1.27 Million |
+12.76% |
| 2020-09-30 | ZAC2.13 Billion ≈ $1.13 Million |
+10.41% |
| 2019-09-30 | ZAC1.93 Billion ≈ $1.02 Million |
+10.53% |
| 2018-09-30 | ZAC1.74 Billion ≈ $926.18K |
+10.12% |
| 2017-09-30 | ZAC1.58 Billion ≈ $841.09K |
+12.59% |
| 2016-09-30 | ZAC1.41 Billion ≈ $747.04K |
+11.99% |
| 2015-09-30 | ZAC1.26 Billion ≈ $667.09K |
+12.54% |
| 2014-09-30 | ZAC1.12 Billion ≈ $592.76K |
+9.26% |
| 2013-09-30 | ZAC1.02 Billion ≈ $542.50K |
+11.36% |
| 2012-09-30 | ZAC916.67 Million ≈ $487.16K |
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Equity Component Analysis
This analysis shows how different components contribute to Kaap Agri Bedryf Employee and Farm Worker Bee Trust'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 572.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.95 Billion | 85.67% |
| Common Stock | ZAC466.05 Million | 13.55% |
| Other Comprehensive Income | ZAC26.98 Million | 0.78% |
| Total Equity | ZAC3.44 Billion | 100.00% |
Kaap Agri Bedryf Employee and Farm Worker Bee Trust Competitors by Market Cap
The table below lists competitors of Kaap Agri Bedryf Employee and Farm Worker Bee Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kung Sing Engineering Corp
TW:5521
|
$181.46 Million |
|
Acusensus Ltd
AU:ACE
|
$181.46 Million |
|
Goldshore Resources Inc
V:GSHR
|
$181.61 Million |
|
Spurcorp
JSE:SUR
|
$181.63 Million |
|
Media Nusantara Citra Tbk PT
JK:MNCN
|
$181.36 Million |
|
Yorkville Acquisition Corp.
NASDAQ:MCGA
|
$181.34 Million |
|
NP3 Fastigheter AB (publ)
ST:NP3-PREF
|
$181.28 Million |
|
Gem Terminal Industry Co Ltd
TW:2460
|
$181.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaap Agri Bedryf Employee and Farm Worker Bee Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,197,031,000 to 3,439,810,000, a change of 242,779,000 (7.6%).
- Net income of 402,712,000 contributed positively to equity growth.
- Dividend payments of 152,931,000 reduced retained earnings.
- Other comprehensive income decreased equity by 11,002,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC402.71 Million | +11.71% |
| Dividends Paid | ZAC152.93 Million | -4.45% |
| Other Comprehensive Income | ZAC-11.00 Million | -0.32% |
| Other Changes | ZAC26.82 Million | +0.78% |
| Total Change | ZAC- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares Kaap Agri Bedryf Employee and Farm Worker Bee Trust'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: 99.19x
- 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 373.77x to 99.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-09-30 | ZAC12.93 | ZAC4832.00 | x |
| 2013-09-30 | ZAC14.13 | ZAC4832.00 | x |
| 2014-09-30 | ZAC15.83 | ZAC4832.00 | x |
| 2015-09-30 | ZAC17.81 | ZAC4832.00 | x |
| 2016-09-30 | ZAC19.95 | ZAC4832.00 | x |
| 2017-09-30 | ZAC22.27 | ZAC4832.00 | x |
| 2018-09-30 | ZAC24.51 | ZAC4832.00 | x |
| 2019-09-30 | ZAC25.91 | ZAC4832.00 | x |
| 2020-09-30 | ZAC28.86 | ZAC4832.00 | x |
| 2021-09-30 | ZAC32.20 | ZAC4832.00 | x |
| 2022-09-30 | ZAC37.56 | ZAC4832.00 | x |
| 2023-09-30 | ZAC41.40 | ZAC4832.00 | x |
| 2024-09-30 | ZAC45.47 | ZAC4832.00 | x |
| 2025-09-30 | ZAC48.71 | ZAC4832.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaap Agri Bedryf Employee and Farm Worker Bee Trust 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): 11.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.98%
- • Asset Turnover: 2.47x
- • Equity Multiplier: 2.39x
- Recent ROE (11.71%) is below the historical average (13.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.47% | 3.20% | 1.72x | 2.09x | ZAC13.16 Million |
| 2013 | 12.96% | 3.22% | 1.89x | 2.13x | ZAC29.47 Million |
| 2014 | 14.18% | 3.25% | 2.06x | 2.13x | ZAC46.68 Million |
| 2015 | 15.07% | 3.54% | 1.99x | 2.14x | ZAC63.67 Million |
| 2016 | 14.97% | 3.72% | 1.80x | 2.23x | ZAC69.85 Million |
| 2017 | 15.25% | 3.76% | 1.89x | 2.14x | ZAC83.15 Million |
| 2018 | 14.15% | 3.76% | 1.67x | 2.26x | ZAC72.24 Million |
| 2019 | 15.19% | 3.28% | 1.77x | 2.62x | ZAC94.71 Million |
| 2020 | 13.56% | 3.21% | 1.63x | 2.60x | ZAC72.27 Million |
| 2021 | 14.03% | 3.03% | 1.82x | 2.54x | ZAC92.25 Million |
| 2022 | 14.73% | 2.52% | 1.88x | 3.10x | ZAC127.26 Million |
| 2023 | 14.57% | 1.91% | 2.70x | 2.83x | ZAC133.96 Million |
| 2024 | 12.37% | 1.82% | 2.65x | 2.57x | ZAC75.61 Million |
| 2025 | 11.71% | 1.98% | 2.47x | 2.39x | ZAC58.73 Million |
Industry Comparison
This section compares Kaap Agri Bedryf Employee and Farm Worker Bee Trust's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $2,545,383,000
- Average return on equity (ROE) among peers: 2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaap Agri Bedryf Employee and Farm Worker Bee Trust (KAL) | ZAC3.64 Billion | 11.47% | 1.26x | $181.38 Million |
| HomeChoice Investments Ltd (HIL) | $2.68 Billion | 19.67% | 0.46x | $205.79 Million |
| Lewis Group Limited (LEW) | $4.88 Billion | 6.35% | 0.19x | $240.63 Million |
| Nictus (NCS) | $76.05 Million | -19.89% | 3.39x | $6.28 Million |
About Kaap Agri Bedryf Employee and Farm Worker Bee Trust
KAL Group Limited operates as a diversified trader and retailer in the agricultural, manufacturing, retail, and fuel and convenience markets in South Africa and Namibia. It operates through Agrimark, PEG, Agrimark Grain, and Manufacturing segments. The company engages in the grain handling and storage; marketing of agricultural commodities; seed and animal feed sales; provision of agricultural ma… Read more