Lighthouse Capital Ltd

JSE:LTE South Africa Real Estate Services
Market Cap
$862.19 Million
ZAC1.62 Trillion ZAC
Market Cap Rank
#28921 Global
#48 in South Africa
Share Price
ZAC778.00
Change (1 day)
-1.64%
52-Week Range
ZAC760.00 - ZAC878.00
All Time High
ZAC4551.85
About

Lighthouse Properties p.l.c. engages in property investments and operation business in Spain, Portugal, and France. Its property portfolio includes retail assets. The company was formerly known as Lighthouse Capital Limited and changed its name to Lighthouse Properties p.l.c. in December 2021. Lighthouse Properties p.l.c. was incorporated in 2014 and is based in Sliema, Malta.

Lighthouse Capital Ltd (LTE) - Net Assets

Latest net assets as of June 2025: ZAC886.76 Million ZAC

Based on the latest financial reports, Lighthouse Capital Ltd (LTE) has net assets worth ZAC886.76 Million ZAC as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.61 Billion) and total liabilities (ZAC725.19 Million). 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 ZAC886.76 Million
% of Total Assets 55.01%
Annual Growth Rate 105.54%
5-Year Change 228.45%
10-Year Change 65597.53%
Growth Volatility 8805.47

Lighthouse Capital Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Lighthouse Capital 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 Lighthouse Capital Ltd (2014–2024)

The table below shows the annual net assets of Lighthouse Capital Ltd from 2014 to 2024.

Year Net Assets Change
2024-09-30 ZAC860.45 Million +9.76%
2023-09-30 ZAC783.93 Million +105.28%
2022-09-30 ZAC381.89 Million +3.61%
2021-09-30 ZAC368.59 Million +40.70%
2020-09-30 ZAC261.97 Million +5.94%
2019-09-30 ZAC247.28 Million -58.26%
2018-09-30 ZAC592.45 Million -33.71%
2017-09-30 ZAC893.78 Million +131.45%
2016-09-30 ZAC386.17 Million +29385.32%
2015-09-30 ZAC1.31 Million +105.05%
2014-09-30 ZAC638.73K --

Equity Component Analysis

This analysis shows how different components contribute to Lighthouse Capital 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 327247.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings ZAC224.20 Million 26.21%
Common Stock ZAC20.23 Million 2.37%
Other Components ZAC610.86 Million 71.42%
Total Equity ZAC855.30 Million 100.00%

Lighthouse Capital Ltd Competitors by Market Cap

The table below lists competitors of Lighthouse Capital Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lighthouse Capital Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 760,140,293 to 855,296,819, a change of 95,156,526 (12.5%).
  • Net income of 64,942,845 contributed positively to equity growth.
  • Dividend payments of 22,153,688 reduced retained earnings.
  • Share repurchases of 511,566 reduced equity.
  • New share issuances of 52,433,953 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ZAC64.94 Million +7.59%
Dividends Paid ZAC22.15 Million -2.59%
Share Repurchases ZAC511.57K -0.06%
Share Issuances ZAC52.43 Million +6.13%
Other Changes ZAC444.98K +0.05%
Total Change ZAC- 12.52%

Book Value vs Market Value Analysis

This analysis compares Lighthouse Capital 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: 1716.80x
  • 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 increased from 287.67x to 1716.80x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-09-30 ZAC2.70 ZAC778.00 x
2015-09-30 ZAC2.67 ZAC778.00 x
2016-09-30 ZAC6.90 ZAC778.00 x
2017-09-30 ZAC2.82 ZAC778.00 x
2018-09-30 ZAC1.21 ZAC778.00 x
2019-09-30 ZAC0.54 ZAC778.00 x
2020-09-30 ZAC0.33 ZAC778.00 x
2021-09-30 ZAC0.26 ZAC778.00 x
2022-09-30 ZAC0.22 ZAC778.00 x
2023-09-30 ZAC0.43 ZAC778.00 x
2024-09-30 ZAC0.45 ZAC778.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lighthouse Capital 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): 7.59%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 60.01%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.63x
  • Recent ROE (7.59%) is above the historical average (4.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 64.34% 569.23% 0.04x 3.20x ZAC347.07K
2015 6.84% 58.99% 0.06x 1.98x ZAC-41.42K
2016 10.35% 7162.76% 0.00x 1.00x ZAC1.37 Million
2017 -0.79% -118.10% 0.01x 1.05x ZAC-96.42 Million
2018 7.02% 138.08% 0.03x 1.80x ZAC-17.63 Million
2019 -10.57% -91.00% 0.07x 1.68x ZAC-50.86 Million
2020 -82.82% 0.00% -0.09x 1.52x ZAC-243.15 Million
2021 -9.80% -99.05% 0.06x 1.79x ZAC-71.16 Million
2022 7.05% 32.69% 0.09x 2.36x ZAC-10.54 Million
2023 53.64% 508.31% 0.07x 1.59x ZAC331.70 Million
2024 7.59% 60.01% 0.08x 1.63x ZAC-20.59 Million

Industry Comparison

This section compares Lighthouse Capital Ltd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $7,427,539,250
  • Average return on equity (ROE) among peers: 4.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lighthouse Capital Ltd (LTE) ZAC886.76 Million 64.34% 0.82x $9.15 Million
Collins Property Group (CPP) $5.33 Billion 10.46% 1.29x $182.60 Million
Fortress Income Fund Ltd (FFB) $24.21 Billion -34.58% 0.78x $15.10 Million
Putprop Ltd (PPR) $132.59 Million 12.38% 0.08x $132.96K
Trematon Capital Investments (TMT) $46.08 Million 30.87% 0.45x $142.03K