PSG Konsult Ltd
PSG Financial Services Limited, together with its subsidiaries, provides various financial services and products in South Africa and Namibia. It operates through three segments: PSG Wealth, PSG Asset Management, and PSG Insure. The PSG Wealth segment offers portfolio management, stockbroking, local and offshore investments, estate planning, financial planning, local and offshore fiduciary, multi-… Read more
PSG Konsult Ltd (KST) - Net Assets
Latest net assets as of August 2025: ZAC5.88 Billion ZAC
Based on the latest financial reports, PSG Konsult Ltd (KST) has net assets worth ZAC5.88 Billion ZAC as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC129.18 Billion) and total liabilities (ZAC123.30 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 | ZAC5.88 Billion |
| % of Total Assets | 4.55% |
| Annual Growth Rate | 25.32% |
| 5-Year Change | 41.55% |
| 10-Year Change | 202.87% |
| Growth Volatility | 77.1 |
PSG Konsult Ltd - Net Assets Trend (2005–2025)
This chart illustrates how PSG Konsult 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 PSG Konsult Ltd (2005–2025)
The table below shows the annual net assets of PSG Konsult Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC5.59 Billion | +8.13% |
| 2024-02-29 | ZAC5.17 Billion | +9.27% |
| 2023-02-28 | ZAC4.73 Billion | +4.26% |
| 2022-02-28 | ZAC4.54 Billion | +14.90% |
| 2021-02-28 | ZAC3.95 Billion | +10.17% |
| 2020-02-29 | ZAC3.58 Billion | +11.51% |
| 2019-02-28 | ZAC3.21 Billion | +17.29% |
| 2018-02-28 | ZAC2.74 Billion | +16.60% |
| 2017-02-28 | ZAC2.35 Billion | +27.35% |
| 2016-02-29 | ZAC1.85 Billion | +13.53% |
| 2015-02-28 | ZAC1.63 Billion | +38.38% |
| 2014-02-28 | ZAC1.17 Billion | +23.24% |
| 2013-02-28 | ZAC953.20 Million | +28.02% |
| 2012-02-29 | ZAC744.57 Million | +48.47% |
| 2011-02-28 | ZAC501.51 Million | +6.77% |
| 2010-02-28 | ZAC469.73 Million | +5.22% |
| 2009-02-28 | ZAC446.43 Million | +9.26% |
| 2008-02-29 | ZAC408.59 Million | +17.84% |
| 2007-02-28 | ZAC346.75 Million | +367.55% |
| 2006-02-28 | ZAC74.16 Million | +21.21% |
| 2005-02-28 | ZAC61.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PSG Konsult 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 38925.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC4.49 Billion | 90.53% |
| Common Stock | ZAC875.90 Million | 17.64% |
| Total Equity | ZAC4.96 Billion | 100.00% |
PSG Konsult Ltd Competitors by Market Cap
The table below lists competitors of PSG Konsult Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$17.21 Million |
|
FIRST CITIZENS BC A
BE:FC6A
|
$17.21 Million |
|
Geopacific Resources Limited
PINK:GPACF
|
$17.21 Million |
|
Terramin Australia Ltd
AU:TZN
|
$17.22 Million |
|
Tacheng Real Estate Co Ltd
TWO:6171
|
$17.20 Million |
|
Autocount Dotcom Berhad
KLSE:0276
|
$17.17 Million |
|
Independence Gold Corp
OTCQB:IEGCF
|
$17.16 Million |
|
Ariadne Australia Ltd
AU:ARA
|
$17.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PSG Konsult Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,601,056,000 to 4,964,216,000, a change of 363,160,000 (7.9%).
- Net income of 1,273,801,000 contributed positively to equity growth.
- Dividend payments of 623,409,000 reduced retained earnings.
- Share repurchases of 425,075,000 reduced equity.
- Other comprehensive income increased equity by 303,407,000.
- Other factors decreased equity by 165,564,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC1.27 Billion | +25.66% |
| Dividends Paid | ZAC623.41 Million | -12.56% |
| Share Repurchases | ZAC425.07 Million | -8.56% |
| Other Comprehensive Income | ZAC303.41 Million | +6.11% |
| Other Changes | ZAC-165.56 Million | -3.34% |
| Total Change | ZAC- | 7.89% |
Book Value vs Market Value Analysis
This analysis compares PSG Konsult 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: 671.93x
- 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 16116.06x to 671.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-02-28 | ZAC0.16 | ZAC2616.00 | x |
| 2006-02-28 | ZAC0.20 | ZAC2616.00 | x |
| 2007-02-28 | ZAC0.54 | ZAC2616.00 | x |
| 2008-02-29 | ZAC0.56 | ZAC2616.00 | x |
| 2009-02-28 | ZAC0.61 | ZAC2616.00 | x |
| 2010-02-28 | ZAC0.64 | ZAC2616.00 | x |
| 2011-02-28 | ZAC0.67 | ZAC2616.00 | x |
| 2012-02-29 | ZAC0.68 | ZAC2616.00 | x |
| 2013-02-28 | ZAC0.81 | ZAC2616.00 | x |
| 2014-02-28 | ZAC0.89 | ZAC2616.00 | x |
| 2015-02-28 | ZAC1.14 | ZAC2616.00 | x |
| 2016-02-29 | ZAC1.29 | ZAC2616.00 | x |
| 2017-02-28 | ZAC1.63 | ZAC2616.00 | x |
| 2018-02-28 | ZAC1.88 | ZAC2616.00 | x |
| 2019-02-28 | ZAC2.24 | ZAC2616.00 | x |
| 2020-02-29 | ZAC2.46 | ZAC2616.00 | x |
| 2021-02-28 | ZAC2.70 | ZAC2616.00 | x |
| 2022-02-28 | ZAC3.09 | ZAC2616.00 | x |
| 2023-02-28 | ZAC3.17 | ZAC2616.00 | x |
| 2024-02-29 | ZAC3.58 | ZAC2616.00 | x |
| 2025-02-28 | ZAC3.89 | ZAC2616.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PSG Konsult 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): 25.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.31%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 23.03x
- Recent ROE (25.66%) is above the historical average (20.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.94% | 6.84% | 1.80x | 1.46x | ZAC4.79 Million |
| 2006 | 23.34% | 7.09% | 1.51x | 2.18x | ZAC9.79 Million |
| 2007 | 16.89% | 12.11% | 0.45x | 3.10x | ZAC23.69 Million |
| 2008 | 22.11% | 13.02% | 0.68x | 2.51x | ZAC49.16 Million |
| 2009 | 21.87% | 12.65% | 0.53x | 3.28x | ZAC52.70 Million |
| 2010 | 19.66% | 10.58% | 0.91x | 2.05x | ZAC45.12 Million |
| 2011 | 19.12% | 9.37% | 0.80x | 2.55x | ZAC44.73 Million |
| 2012 | 21.23% | 9.94% | 0.12x | 17.67x | ZAC81.64 Million |
| 2013 | 6.33% | 3.81% | 0.11x | 15.02x | ZAC-33.77 Million |
| 2014 | 22.90% | 11.31% | 0.13x | 15.96x | ZAC140.40 Million |
| 2015 | 22.80% | 12.72% | 0.14x | 13.21x | ZAC191.09 Million |
| 2016 | 17.35% | 9.33% | 0.08x | 23.50x | ZAC124.08 Million |
| 2017 | 22.61% | 14.41% | 0.07x | 21.86x | ZAC271.53 Million |
| 2018 | 22.61% | 14.95% | 0.07x | 20.92x | ZAC315.97 Million |
| 2019 | 20.14% | 8.00% | 0.13x | 19.86x | ZAC303.25 Million |
| 2020 | 19.57% | 13.60% | 0.07x | 19.33x | ZAC316.37 Million |
| 2021 | 19.35% | 14.09% | 0.07x | 20.59x | ZAC337.20 Million |
| 2022 | 22.37% | 16.04% | 0.07x | 19.13x | ZAC509.23 Million |
| 2023 | 22.41% | 13.75% | 0.08x | 20.81x | ZAC526.17 Million |
| 2024 | 22.48% | 14.11% | 0.06x | 24.80x | ZAC574.09 Million |
| 2025 | 25.66% | 15.31% | 0.07x | 23.03x | ZAC777.38 Million |
Industry Comparison
This section compares PSG Konsult Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,108,913,523
- Average return on equity (ROE) among peers: 21.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PSG Konsult Ltd (KST) | ZAC5.88 Billion | 17.94% | 20.96x | $17.21 Million |
| African Rainbow Capital Investments Ltd (AIL) | $11.66 Billion | 11.48% | 0.00x | $33.34 Million |
| Astoria Investments Ltd (ARA) | $122.83 Million | -1.36% | 0.00x | $296.19K |
| Brait SE (BAT) | $970.83 Million | 29.75% | 0.90x | $4.70 Million |
| Coronation Fund Managers Ltd (CML) | $1.25 Billion | 15.72% | 12.91x | $9.80 Million |
| EPE Capital Partners Ltd (EPE) | $2.19 Billion | 22.60% | 0.09x | $934.65K |
| Huge Group Ltd (HUG) | $1.63 Billion | 4.93% | 0.13x | $110.97K |
| Mahube Infrastructure Ltd (MHB) | $585.99 Million | 2.04% | 0.00x | $155.64K |
| Ninety One PLC (N91) | $196.62 Million | 64.91% | 41.12x | $24.76 Million |
| Ninety One Ltd (NY1) | $367.60 Million | 44.59% | 29.25x | $24.39 Million |