Remgro Ltd

JSE:REM South Africa Asset Management
Market Cap
$5.11 Billion
ZAC9.61 Trillion ZAC
Market Cap Rank
#21034 Global
#18 in South Africa
Share Price
ZAC18593.00
Change (1 day)
+0.34%
52-Week Range
ZAC13923.00 - ZAC19420.00
All Time High
ZAC19420.00
About

Remgro Limited is a principal investment firm. The firm prefers to invest in financial services, food, liquor and home care, banking, insurance, industrial, healthcare, infrastructure, information technology infrastructure services, media, and sport. It considers investments in Africa, UAE, UK, Switzerland and other international countries though investee companies. The firm typically invests in … Read more

Remgro Ltd (REM) - Net Assets

Latest net assets as of June 2025: ZAC123.88 Billion ZAC

Based on the latest financial reports, Remgro Ltd (REM) has net assets worth ZAC123.88 Billion ZAC as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC142.17 Billion) and total liabilities (ZAC18.30 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 ZAC123.88 Billion
% of Total Assets 87.13%
Annual Growth Rate 7.21%
5-Year Change 19.6%
10-Year Change 51.62%
Growth Volatility 12.17

Remgro Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Remgro 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 Remgro Ltd (2002–2025)

The table below shows the annual net assets of Remgro Ltd from 2002 to 2025.

Year Net Assets Change
2025-06-30 ZAC123.88 Billion +3.39%
2024-06-30 ZAC119.82 Billion -2.14%
2023-06-30 ZAC122.44 Billion +5.66%
2022-06-30 ZAC115.88 Billion +11.88%
2021-06-30 ZAC103.58 Billion +2.10%
2020-06-30 ZAC101.44 Billion -12.69%
2019-06-30 ZAC116.19 Billion +2.42%
2018-06-30 ZAC113.45 Billion +19.04%
2017-06-30 ZAC95.30 Billion +16.65%
2016-06-30 ZAC81.70 Billion +7.62%
2015-06-30 ZAC75.92 Billion +10.61%
2014-06-30 ZAC68.63 Billion +12.39%
2013-06-30 ZAC61.06 Billion +12.56%
2012-06-30 ZAC54.25 Billion +3.67%
2011-06-30 ZAC52.33 Billion +18.71%
2010-06-30 ZAC44.08 Billion +13.65%
2009-06-30 ZAC38.79 Billion -32.98%
2008-06-30 ZAC57.88 Billion +24.66%
2007-06-30 ZAC46.43 Billion +21.89%
2006-06-30 ZAC38.09 Billion +3.03%
2005-06-30 ZAC36.97 Billion +17.50%
2004-06-30 ZAC31.47 Billion +7.06%
2003-06-30 ZAC29.39 Billion +17.61%
2002-06-30 ZAC24.99 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Remgro 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 8603400000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings ZAC86.03 Billion 73.51%
Common Stock ZAC13.42 Billion 11.46%
Other Components ZAC17.59 Billion 15.03%
Total Equity ZAC117.04 Billion 100.00%

Remgro Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 112,770,000,000 to 117,039,000,000, a change of 4,269,000,000 (3.8%).
  • Net income of 3,303,000,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 18,762,000,000.
  • Other factors increased equity by 19,728,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC3.30 Billion +2.82%
Other Comprehensive Income ZAC-18.76 Billion -16.03%
Other Changes ZAC19.73 Billion +16.86%
Total Change ZAC- 3.79%

Book Value vs Market Value Analysis

This analysis compares Remgro 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: 88.99x
  • 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 410.90x to 88.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-06-30 ZAC45.25 ZAC18593.00 x
2003-06-30 ZAC52.72 ZAC18593.00 x
2004-06-30 ZAC57.93 ZAC18593.00 x
2005-06-30 ZAC68.81 ZAC18593.00 x
2006-06-30 ZAC75.97 ZAC18593.00 x
2007-06-30 ZAC94.23 ZAC18593.00 x
2008-06-30 ZAC118.53 ZAC18593.00 x
2009-06-30 ZAC79.19 ZAC18593.00 x
2010-06-30 ZAC87.34 ZAC18593.00 x
2011-06-30 ZAC96.75 ZAC18593.00 x
2012-06-30 ZAC101.73 ZAC18593.00 x
2013-06-30 ZAC112.69 ZAC18593.00 x
2014-06-30 ZAC125.90 ZAC18593.00 x
2015-06-30 ZAC139.23 ZAC18593.00 x
2016-06-30 ZAC150.05 ZAC18593.00 x
2017-06-30 ZAC166.80 ZAC18593.00 x
2018-06-30 ZAC172.97 ZAC18593.00 x
2019-06-30 ZAC178.74 ZAC18593.00 x
2020-06-30 ZAC153.38 ZAC18593.00 x
2021-06-30 ZAC155.43 ZAC18593.00 x
2022-06-30 ZAC173.57 ZAC18593.00 x
2023-06-30 ZAC204.83 ZAC18593.00 x
2024-06-30 ZAC198.10 ZAC18593.00 x
2025-06-30 ZAC208.93 ZAC18593.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Remgro 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): 2.82%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.23%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.21x
  • Recent ROE (2.82%) is below the historical average (15.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 14.57% 41.55% 0.32x 1.09x ZAC1.10 Billion
2003 31.44% 77.99% 0.36x 1.12x ZAC5.96 Billion
2004 12.22% 30.56% 0.35x 1.13x ZAC660.40 Million
2005 25.19% 68.68% 0.32x 1.14x ZAC5.31 Billion
2006 22.94% 87.74% 0.24x 1.10x ZAC4.85 Billion
2007 15.60% 90.48% 0.16x 1.09x ZAC2.56 Billion
2008 17.57% 106.41% 0.15x 1.08x ZAC4.33 Billion
2009 119.31% 396.54% 0.27x 1.11x ZAC41.62 Billion
2010 7.31% 26.72% 0.25x 1.11x ZAC-1.16 Billion
2011 21.23% 73.21% 0.27x 1.09x ZAC5.79 Billion
2012 17.37% 68.61% 0.23x 1.09x ZAC3.94 Billion
2013 7.51% 26.93% 0.23x 1.23x ZAC-1.47 Billion
2014 10.47% 28.04% 0.31x 1.20x ZAC313.50 Million
2015 11.92% 33.78% 0.27x 1.30x ZAC1.40 Billion
2016 6.83% 19.39% 0.25x 1.38x ZAC-2.50 Billion
2017 9.12% 30.48% 0.23x 1.29x ZAC-812.20 Million
2018 9.12% 28.64% 0.21x 1.54x ZAC-866.80 Million
2019 -5.03% -8.72% 0.37x 1.54x ZAC-15.19 Billion
2020 0.12% 0.18% 0.37x 1.70x ZAC-8.58 Billion
2021 4.03% 5.37% 0.47x 1.60x ZAC-5.26 Billion
2022 4.06% 5.21% 0.49x 1.59x ZAC-5.85 Billion
2023 8.30% 19.13% 0.33x 1.30x ZAC-1.97 Billion
2024 1.10% 2.37% 0.37x 1.24x ZAC-10.04 Billion
2025 2.82% 6.23% 0.37x 1.21x ZAC-8.40 Billion

Industry Comparison

This section compares Remgro Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $1,944,994,871
  • Average return on equity (ROE) among peers: 21.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Remgro Ltd (REM) ZAC123.88 Billion 14.57% 0.15x $52.31 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
PSG Konsult Ltd (KST) $469.73 Million 19.54% 1.04x $17.21 Million
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