RCL Foods Ltd (RCL) - Net Assets
Based on the latest financial reports, RCL Foods Ltd (RCL) has net assets worth ZAC10.65 Billion ZAC (≈ $5.66 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC18.44 Billion ≈ $9.80 Million USD) and total liabilities (ZAC7.79 Billion ≈ $4.14 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 financial resilience of RCL Foods Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC10.65 Billion |
| % of Total Assets | 57.74% |
| Annual Growth Rate | 10.9% |
| 5-Year Change | -2.87% |
| 10-Year Change | 2.94% |
| Growth Volatility | 31.02 |
RCL Foods Ltd - Net Assets Trend (2004–2025)
This chart illustrates how RCL Foods Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is RCL Foods Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for RCL Foods Ltd (2004–2025)
The table below shows the annual net assets of RCL Foods Ltd from 2004 to 2025. For live valuation and market cap data, see RCL Foods Ltd (RCL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC10.39 Billion ≈ $5.52 Million |
-22.72% |
| 2024-06-30 | ZAC13.44 Billion ≈ $7.14 Million |
+14.67% |
| 2023-06-30 | ZAC11.72 Billion ≈ $6.23 Million |
+2.91% |
| 2022-06-30 | ZAC11.39 Billion ≈ $6.05 Million |
+6.51% |
| 2021-06-30 | ZAC10.69 Billion ≈ $5.68 Million |
+8.87% |
| 2020-06-30 | ZAC9.82 Billion ≈ $5.22 Million |
-9.34% |
| 2019-06-30 | ZAC10.83 Billion ≈ $5.76 Million |
-3.09% |
| 2018-06-30 | ZAC11.18 Billion ≈ $5.94 Million |
+7.63% |
| 2017-06-30 | ZAC10.39 Billion ≈ $5.52 Million |
+2.94% |
| 2016-06-30 | ZAC10.09 Billion ≈ $5.36 Million |
-0.23% |
| 2015-06-30 | ZAC10.11 Billion ≈ $5.37 Million |
+7.18% |
| 2014-06-30 | ZAC9.44 Billion ≈ $5.01 Million |
+33.73% |
| 2013-06-30 | ZAC7.06 Billion ≈ $3.75 Million |
+142.79% |
| 2012-06-30 | ZAC2.91 Billion ≈ $1.54 Million |
+1.75% |
| 2011-06-30 | ZAC2.86 Billion ≈ $1.52 Million |
+7.37% |
| 2010-06-30 | ZAC2.66 Billion ≈ $1.41 Million |
+7.01% |
| 2009-06-30 | ZAC2.49 Billion ≈ $1.32 Million |
+6.37% |
| 2008-06-30 | ZAC2.34 Billion ≈ $1.24 Million |
+21.67% |
| 2007-06-30 | ZAC1.92 Billion ≈ $1.02 Million |
+20.36% |
| 2006-06-30 | ZAC1.60 Billion ≈ $848.14K |
+19.29% |
| 2005-06-30 | ZAC1.34 Billion ≈ $710.98K |
+13.17% |
| 2004-06-30 | ZAC1.18 Billion ≈ $628.24K |
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Equity Component Analysis
This analysis shows how different components contribute to RCL Foods 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 1133.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC1.02 Billion | 9.75% |
| Common Stock | ZAC10.41 Billion | 99.19% |
| Total Equity | ZAC10.49 Billion | 100.00% |
RCL Foods Ltd Competitors by Market Cap
The table below lists competitors of RCL Foods Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Design Therapeutics Inc
NASDAQ:DSGN
|
$430.65 Million |
|
Better Home & Finance Holding Company
NYSE:BETR
|
$430.66 Million |
|
Univanich Palm Oil Public Company Limited
BK:UVAN
|
$430.70 Million |
|
Kangping Technology (Suzhou) Co. Ltd.
SHE:300907
|
$430.71 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$430.31 Million |
|
Novavest Real Estate Ag
SW:NREN
|
$430.23 Million |
|
Samse SA
PA:SAMS
|
$430.15 Million |
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
$430.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RCL Foods Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,577,578,000 to 10,492,308,000, a change of -3,085,270,000 (-22.7%).
- Net income of 1,418,116,000 contributed positively to equity growth.
- Dividend payments of 493,745,000 reduced retained earnings.
- New share issuances of 17,846,000 increased equity.
- Other comprehensive income increased equity by 923,619,000.
- Other factors decreased equity by 4,951,106,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC1.42 Billion | +13.52% |
| Dividends Paid | ZAC493.75 Million | -4.71% |
| Share Issuances | ZAC17.85 Million | +0.17% |
| Other Comprehensive Income | ZAC923.62 Million | +8.8% |
| Other Changes | ZAC-4.95 Billion | -47.19% |
| Total Change | ZAC- | -22.72% |
Book Value vs Market Value Analysis
This analysis compares RCL Foods 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: 77.35x
- 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 221.46x to 77.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | ZAC4.07 | ZAC901.00 | x |
| 2005-06-30 | ZAC4.52 | ZAC901.00 | x |
| 2006-06-30 | ZAC5.31 | ZAC901.00 | x |
| 2007-06-30 | ZAC6.29 | ZAC901.00 | x |
| 2008-06-30 | ZAC7.60 | ZAC901.00 | x |
| 2009-06-30 | ZAC8.11 | ZAC901.00 | x |
| 2010-06-30 | ZAC8.60 | ZAC901.00 | x |
| 2011-06-30 | ZAC9.19 | ZAC901.00 | x |
| 2012-06-30 | ZAC9.60 | ZAC901.00 | x |
| 2013-06-30 | ZAC17.20 | ZAC901.00 | x |
| 2014-06-30 | ZAC13.43 | ZAC901.00 | x |
| 2015-06-30 | ZAC11.60 | ZAC901.00 | x |
| 2016-06-30 | ZAC11.56 | ZAC901.00 | x |
| 2017-06-30 | ZAC11.89 | ZAC901.00 | x |
| 2018-06-30 | ZAC12.56 | ZAC901.00 | x |
| 2019-06-30 | ZAC12.46 | ZAC901.00 | x |
| 2020-06-30 | ZAC11.28 | ZAC901.00 | x |
| 2021-06-30 | ZAC12.07 | ZAC901.00 | x |
| 2022-06-30 | ZAC12.77 | ZAC901.00 | x |
| 2023-06-30 | ZAC13.24 | ZAC901.00 | x |
| 2024-06-30 | ZAC15.21 | ZAC901.00 | x |
| 2025-06-30 | ZAC11.65 | ZAC901.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RCL Foods 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): 13.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.35%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.78x
- Recent ROE (13.52%) is above the historical average (9.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 19.26% | 5.94% | 2.09x | 1.55x | ZAC109.43 Million |
| 2005 | 17.37% | 5.77% | 1.77x | 1.70x | ZAC98.65 Million |
| 2006 | 24.99% | 9.72% | 1.49x | 1.72x | ZAC239.25 Million |
| 2007 | 24.69% | 10.03% | 1.53x | 1.61x | ZAC282.16 Million |
| 2008 | 23.06% | 9.05% | 1.55x | 1.64x | ZAC305.25 Million |
| 2009 | 12.77% | 4.66% | 1.63x | 1.68x | ZAC68.86 Million |
| 2010 | 13.36% | 5.11% | 1.57x | 1.66x | ZAC89.49 Million |
| 2011 | 13.44% | 4.45% | 1.81x | 1.67x | ZAC98.22 Million |
| 2012 | 9.18% | 3.40% | 1.51x | 1.79x | ZAC-23.87 Million |
| 2013 | 0.39% | 0.26% | 0.58x | 2.57x | ZAC-647.98 Million |
| 2014 | -3.08% | -1.47% | 0.99x | 2.12x | ZAC-1.23 Billion |
| 2015 | 8.45% | 3.62% | 1.19x | 1.96x | ZAC-155.35 Million |
| 2016 | 2.11% | 0.84% | 1.23x | 2.03x | ZAC-788.82 Million |
| 2017 | 4.98% | 2.07% | 1.28x | 1.89x | ZAC-519.22 Million |
| 2018 | 8.29% | 3.78% | 1.16x | 1.89x | ZAC-190.66 Million |
| 2019 | -1.70% | -0.71% | 1.27x | 1.88x | ZAC-1.27 Billion |
| 2020 | -9.71% | -3.45% | 1.24x | 2.28x | ZAC-1.95 Billion |
| 2021 | 9.25% | 3.13% | 1.41x | 2.09x | ZAC-80.04 Million |
| 2022 | 8.85% | 2.90% | 1.46x | 2.09x | ZAC-131.57 Million |
| 2023 | 5.19% | 1.63% | 1.49x | 2.13x | ZAC-571.51 Million |
| 2024 | 11.96% | 6.24% | 1.10x | 1.75x | ZAC266.64 Million |
| 2025 | 13.52% | 5.35% | 1.42x | 1.78x | ZAC368.89 Million |
Industry Comparison
This section compares RCL Foods Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,723,969,770
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RCL Foods Ltd (RCL) | ZAC10.65 Billion | 19.26% | 0.73x | $430.33 Million |
| AH-Vest Limited (AHL) | $19.56 Million | 6.73% | 3.52x | $2.82 Million |
| Avi Ltd (AVI) | $2.33 Billion | 13.83% | 0.89x | $1.76 Billion |
| Brimstone Investment Corporation Limited (BRN) | $3.29 Billion | -6.09% | 0.61x | $56.41 Million |
| Brimstone Investment Corporation Ltd (BRT) | $3.87 Billion | -2.03% | 1.82x | $10.49 Million |
| Libstar Holdings Ltd (LBR) | $4.09 Billion | 4.91% | 1.09x | $145.61 Million |
| Oceana (OCE) | $4.72 Billion | 18.17% | 1.27x | $364.58 Million |
| RFG Holdings Ltd (RFG) | $2.24 Billion | 10.49% | 0.84x | $345.79 Million |
| Tiger Brands Ltd (TBS) | $17.24 Billion | 22.14% | 0.56x | $2.39 Billion |
About RCL Foods Ltd
RCL Foods Limited operates as a food manufacturer in South Africa. The company operates through the Groceries, Baking, and Sugar segments. It is involved in culinary products, including mayonnaise, peanut butter, and rusks; milling, specialty, and bakery products; breads, buns, rolls, and pies; as well as pet food products and beverages, and sugar and molasses-based feed operations. The company s… Read more