Lewis Group Limited (LEW) - Net Assets
Based on the latest financial reports, Lewis Group Limited (LEW) has net assets worth ZAC5.49 Billion ZAC (≈ $2.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC9.16 Billion ≈ $4.87 Million USD) and total liabilities (ZAC3.67 Billion ≈ $1.95 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 Lewis Group Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC5.49 Billion |
| % of Total Assets | 59.89% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | 16.29% |
| 10-Year Change | 0.74% |
| Growth Volatility | 12.88 |
Lewis Group Limited - Net Assets Trend (2004–2026)
This chart illustrates how Lewis Group Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Lewis Group Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lewis Group Limited (2004–2026)
The table below shows the annual net assets of Lewis Group Limited from 2004 to 2026. For live valuation and market cap data, see LEW stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | ZAC5.49 Billion ≈ $2.92 Million |
+8.02% |
| 2025-03-31 | ZAC5.08 Billion ≈ $2.70 Million |
+7.99% |
| 2024-03-31 | ZAC4.70 Billion ≈ $2.50 Million |
+2.02% |
| 2023-03-31 | ZAC4.61 Billion ≈ $2.45 Million |
-2.27% |
| 2022-03-31 | ZAC4.72 Billion ≈ $2.51 Million |
-3.20% |
| 2021-03-31 | ZAC4.87 Billion ≈ $2.59 Million |
+3.47% |
| 2020-03-31 | ZAC4.71 Billion ≈ $2.50 Million |
-3.42% |
| 2019-03-31 | ZAC4.88 Billion ≈ $2.59 Million |
-10.51% |
| 2018-03-31 | ZAC5.45 Billion ≈ $2.90 Million |
+0.06% |
| 2017-03-31 | ZAC5.45 Billion ≈ $2.89 Million |
-0.08% |
| 2016-03-31 | ZAC5.45 Billion ≈ $2.90 Million |
-6.43% |
| 2015-03-31 | ZAC5.82 Billion ≈ $3.10 Million |
+9.03% |
| 2014-03-31 | ZAC5.34 Billion ≈ $2.84 Million |
+10.49% |
| 2013-03-31 | ZAC4.83 Billion ≈ $2.57 Million |
+13.10% |
| 2012-03-31 | ZAC4.27 Billion ≈ $2.27 Million |
+14.66% |
| 2011-03-31 | ZAC3.73 Billion ≈ $1.98 Million |
+13.88% |
| 2010-03-31 | ZAC3.27 Billion ≈ $1.74 Million |
+11.35% |
| 2009-03-31 | ZAC2.94 Billion ≈ $1.56 Million |
+7.69% |
| 2008-03-31 | ZAC2.73 Billion ≈ $1.45 Million |
+8.02% |
| 2007-03-31 | ZAC2.53 Billion ≈ $1.34 Million |
+9.62% |
| 2006-03-31 | ZAC2.31 Billion ≈ $1.23 Million |
+11.95% |
| 2005-03-31 | ZAC2.06 Billion ≈ $1.09 Million |
+57.21% |
| 2004-03-31 | ZAC1.31 Billion ≈ $696.20K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lewis Group Limited'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 332630000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC3.33 Billion | 60.64% |
| Common Stock | ZAC1.00 Million | 0.02% |
| Other Comprehensive Income | ZAC1.13 Billion | 20.55% |
| Other Components | ZAC1.03 Billion | 18.80% |
| Total Equity | ZAC5.49 Billion | 100.00% |
Lewis Group Limited Competitors by Market Cap
The table below lists competitors of Lewis Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apogee Optocom Co Ltd
TW:6426
|
$255.39 Million |
|
Waffer Technology Corp
TW:6235
|
$255.39 Million |
|
PLINTAS
KLSE:5320
|
$255.46 Million |
|
Bharat Rasayan Limited
NSE:BHARATRAS
|
$255.66 Million |
|
Canada Nickel Company Inc
V:CNC
|
$255.25 Million |
|
Andretti Acquisition Corp. II Class A Ordinary Shares
NASDAQ:POLE
|
$255.24 Million |
|
Silver Touch Technologies Limited
NSE:SILVERTUC
|
$255.16 Million |
|
Samsung C and T 1P Pref
KO:02826K
|
$255.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lewis Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 5,078,400,000 to 5,485,600,000, a change of 407,200,000 (8.0%).
- Net income of 853,800,000 contributed positively to equity growth.
- Dividend payments of 435,800,000 reduced retained earnings.
- Share repurchases of 78,000,000 reduced equity.
- Other comprehensive income increased equity by 1,127,200,000.
- Other factors decreased equity by 1,060,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC853.80 Million | +15.56% |
| Dividends Paid | ZAC435.80 Million | -7.94% |
| Share Repurchases | ZAC78.00 Million | -1.42% |
| Other Comprehensive Income | ZAC1.13 Billion | +20.55% |
| Other Changes | ZAC-1.06 Billion | -19.32% |
| Total Change | ZAC- | 8.02% |
Book Value vs Market Value Analysis
This analysis compares Lewis Group Limited'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: 91.24x
- 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 710.23x to 91.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ZAC13.10 | ZAC9304.00 | x |
| 2005-03-31 | ZAC20.59 | ZAC9304.00 | x |
| 2006-03-31 | ZAC23.64 | ZAC9304.00 | x |
| 2007-03-31 | ZAC27.33 | ZAC9304.00 | x |
| 2008-03-31 | ZAC30.40 | ZAC9304.00 | x |
| 2009-03-31 | ZAC33.17 | ZAC9304.00 | x |
| 2010-03-31 | ZAC37.06 | ZAC9304.00 | x |
| 2011-03-31 | ZAC41.80 | ZAC9304.00 | x |
| 2012-03-31 | ZAC47.79 | ZAC9304.00 | x |
| 2013-03-31 | ZAC53.95 | ZAC9304.00 | x |
| 2014-03-31 | ZAC59.61 | ZAC9304.00 | x |
| 2015-03-31 | ZAC65.01 | ZAC9304.00 | x |
| 2016-03-31 | ZAC60.87 | ZAC9304.00 | x |
| 2017-03-31 | ZAC60.71 | ZAC9304.00 | x |
| 2018-03-31 | ZAC62.15 | ZAC9304.00 | x |
| 2019-03-31 | ZAC58.08 | ZAC9304.00 | x |
| 2020-03-31 | ZAC58.19 | ZAC9304.00 | x |
| 2021-03-31 | ZAC63.63 | ZAC9304.00 | x |
| 2022-03-31 | ZAC69.31 | ZAC9304.00 | x |
| 2023-03-31 | ZAC75.43 | ZAC9304.00 | x |
| 2024-03-31 | ZAC84.19 | ZAC9304.00 | x |
| 2025-03-31 | ZAC94.39 | ZAC9304.00 | x |
| 2026-03-31 | ZAC101.97 | ZAC9304.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lewis Group Limited 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): 15.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.27%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.67x
- Recent ROE (15.56%) is above the historical average (14.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 21.93% | 12.63% | 0.81x | 2.15x | ZAC156.30 Million |
| 2005 | 19.86% | 16.28% | 0.95x | 1.28x | ZAC202.96 Million |
| 2006 | 19.46% | 15.61% | 0.96x | 1.29x | ZAC218.16 Million |
| 2007 | 23.67% | 18.00% | 0.98x | 1.35x | ZAC345.58 Million |
| 2008 | 23.53% | 17.86% | 0.94x | 1.39x | ZAC369.30 Million |
| 2009 | 19.29% | 14.89% | 0.91x | 1.43x | ZAC273.01 Million |
| 2010 | 18.07% | 14.39% | 0.85x | 1.48x | ZAC264.03 Million |
| 2011 | 19.10% | 15.55% | 0.82x | 1.49x | ZAC339.09 Million |
| 2012 | 18.73% | 16.48% | 0.79x | 1.43x | ZAC373.14 Million |
| 2013 | 18.77% | 22.10% | 0.57x | 1.50x | ZAC423.94 Million |
| 2014 | 15.77% | 20.68% | 0.51x | 1.50x | ZAC308.02 Million |
| 2015 | 14.41% | 19.18% | 0.52x | 1.44x | ZAC257.00 Million |
| 2016 | 17.64% | 22.06% | 0.46x | 1.73x | ZAC416.56 Million |
| 2017 | 6.57% | 8.65% | 0.55x | 1.37x | ZAC-186.53 Million |
| 2018 | 4.85% | 6.30% | 0.62x | 1.25x | ZAC-280.75 Million |
| 2019 | 6.35% | 6.33% | 0.84x | 1.19x | ZAC-178.11 Million |
| 2020 | 3.87% | 3.55% | 0.70x | 1.57x | ZAC-288.55 Million |
| 2021 | 8.88% | 7.94% | 0.80x | 1.40x | ZAC-54.37 Million |
| 2022 | 10.24% | 8.08% | 0.87x | 1.46x | ZAC11.40 Million |
| 2023 | 8.92% | 6.68% | 0.87x | 1.53x | ZAC-49.99 Million |
| 2024 | 9.28% | 5.33% | 1.09x | 1.60x | ZAC-33.88 Million |
| 2025 | 14.86% | 8.13% | 1.10x | 1.66x | ZAC247.06 Million |
| 2026 | 15.56% | 8.27% | 1.13x | 1.67x | ZAC305.24 Million |
Industry Comparison
This section compares Lewis Group Limited's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,731,271,000
- Average return on equity (ROE) among peers: 9.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lewis Group Limited (LEW) | ZAC5.49 Billion | 21.93% | 0.67x | $255.37 Million |
| HomeChoice Investments Ltd (HIL) | $3.86 Billion | 10.71% | 0.99x | $205.79 Million |
| Kaap Agri Bedryf Employee and Farm Worker Bee Trust (KAL) | $1.26 Billion | 15.07% | 1.14x | $185.24 Million |
| Nictus (NCS) | $81.59 Million | 3.69% | 4.32x | $8.49 Million |
About Lewis Group Limited
Lewis Group Limited, together with its subsidiaries, engages in the retail of household furniture, home appliances, electronic goods, and homewares in South Africa, Botswana, Lesotho, Eswatini, and Namibia. It operates through Traditional and Speciality segments. The company retails electrical appliances; sound and vision equipment; beds and mattresses; and various furniture products through its … Read more