Sappi Ltd

JSE:SAP South Africa Paper & Paper Products
Market Cap
$543.31 Million
ZAC1.02 Trillion ZAC
Market Cap Rank
#31012 Global
#62 in South Africa
Share Price
ZAC1684.00
Change (1 day)
+1.14%
52-Week Range
ZAC1566.00 - ZAC4187.00
All Time High
ZAC9531.44
Categories
Companies in South Africa Paper & Paper Products
About

Sappi Limited, together with its subsidiaries, provides woodfiber-based renewable resources in Europe, North America, and South Africa. The company offers speciality paper; flexible packaging paper, paperboard, containerboard, release liner, label paper, functional papers, uncoated woodfree paper, coated and uncoated woodfree paper, coated mechanical paper, thinprint, inkjet paper, and label pape… Read more

Sappi Ltd (SAP) - Net Assets

Latest net assets as of December 2025: ZAC2.32 Billion ZAC

Based on the latest financial reports, Sappi Ltd (SAP) has net assets worth ZAC2.32 Billion ZAC as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC5.96 Billion) and total liabilities (ZAC3.63 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 ZAC2.32 Billion
% of Total Assets 38.98%
Annual Growth Rate -0.09%
5-Year Change 17.31%
10-Year Change 67.71%
Growth Volatility 17.28

Sappi Ltd - Net Assets Trend (1998–2025)

This chart illustrates how Sappi 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 Sappi Ltd (1998–2025)

The table below shows the annual net assets of Sappi Ltd from 1998 to 2025.

Year Net Assets Change
2025-09-30 ZAC2.31 Billion -10.36%
2024-09-30 ZAC2.58 Billion +5.44%
2023-09-30 ZAC2.44 Billion +3.69%
2022-09-30 ZAC2.36 Billion +19.70%
2021-09-30 ZAC1.97 Billion +20.71%
2020-09-30 ZAC1.63 Billion -16.22%
2019-09-30 ZAC1.95 Billion +0.05%
2018-09-30 ZAC1.95 Billion +11.45%
2017-09-30 ZAC1.75 Billion +26.78%
2016-09-30 ZAC1.38 Billion +35.76%
2015-09-30 ZAC1.01 Billion -2.78%
2014-09-30 ZAC1.04 Billion -8.74%
2013-09-30 ZAC1.14 Billion -24.98%
2012-09-30 ZAC1.52 Billion +3.18%
2011-09-30 ZAC1.48 Billion -22.05%
2010-09-30 ZAC1.90 Billion +5.69%
2009-09-30 ZAC1.79 Billion +11.78%
2008-09-30 ZAC1.60 Billion -11.62%
2007-09-30 ZAC1.82 Billion +31.02%
2006-09-30 ZAC1.39 Billion -26.32%
2005-09-30 ZAC1.88 Billion -11.23%
2004-09-30 ZAC2.12 Billion +8.22%
2003-09-30 ZAC1.96 Billion +22.15%
2002-09-30 ZAC1.60 Billion +6.44%
2001-09-30 ZAC1.51 Billion -10.09%
2000-09-30 ZAC1.68 Billion -2.32%
1999-09-30 ZAC1.71 Billion -27.52%
1998-09-30 ZAC2.37 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Sappi 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 211.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings ZAC1.65 Billion 71.53%
Common Stock ZAC35.04 Million 1.52%
Other Comprehensive Income ZAC-151.00 Million -6.53%
Other Components ZAC773.96 Million 33.49%
Total Equity ZAC2.31 Billion 100.00%

Sappi Ltd Competitors by Market Cap

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

Company Market Cap
Avenir Telecom S.A
PA:AVT
 		$5.37 Million
C-SITE Co., Ltd.
KQ:109670
 		$5.37 Million
Gillanders Arbuthnot & Company Limited
NSE:GILLANDERS
 		$5.37 Million
Biomerica Inc
NASDAQ:BMRA
 		$5.37 Million
Tainwala Chemical and Plastic (I) Limited
NSE:TAINWALCHM
 		$5.37 Million
Music Broadcast Limited
NSE:RADIOCITY
 		$5.37 Million
WISE GROUP AB SK-20
F:5CL
 		$5.36 Million
Walker River Resources Corp
PINK:WRRZF
 		$5.36 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,578,000,000 to 2,311,000,000, a change of -267,000,000 (-10.4%).
  • Net loss of 186,000,000 reduced equity.
  • Dividend payments of 89,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 2,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC-186.00 Million -8.05%
Dividends Paid ZAC89.00 Million -3.85%
Other Comprehensive Income ZAC2.00 Million +0.09%
Other Changes ZAC6.00 Million +0.26%
Total Change ZAC- -10.36%

Book Value vs Market Value Analysis

This analysis compares Sappi 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: 440.06x
  • 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 176.10x to 440.06x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-09-30 ZAC9.56 ZAC1684.00 x
1999-09-30 ZAC6.90 ZAC1684.00 x
2000-09-30 ZAC6.74 ZAC1684.00 x
2001-09-30 ZAC6.10 ZAC1684.00 x
2002-09-30 ZAC6.84 ZAC1684.00 x
2003-09-30 ZAC8.55 ZAC1684.00 x
2004-09-30 ZAC9.36 ZAC1684.00 x
2005-09-30 ZAC8.33 ZAC1684.00 x
2006-09-30 ZAC6.13 ZAC1684.00 x
2007-09-30 ZAC7.91 ZAC1684.00 x
2008-09-30 ZAC4.43 ZAC1684.00 x
2009-09-30 ZAC3.72 ZAC1684.00 x
2010-09-30 ZAC3.64 ZAC1684.00 x
2011-09-30 ZAC2.84 ZAC1684.00 x
2012-09-30 ZAC2.92 ZAC1684.00 x
2013-09-30 ZAC2.19 ZAC1684.00 x
2014-09-30 ZAC1.98 ZAC1684.00 x
2015-09-30 ZAC1.91 ZAC1684.00 x
2016-09-30 ZAC2.55 ZAC1684.00 x
2017-09-30 ZAC3.19 ZAC1684.00 x
2018-09-30 ZAC3.54 ZAC1684.00 x
2019-09-30 ZAC3.57 ZAC1684.00 x
2020-09-30 ZAC2.98 ZAC1684.00 x
2021-09-30 ZAC3.57 ZAC1684.00 x
2022-09-30 ZAC3.92 ZAC1684.00 x
2023-09-30 ZAC4.04 ZAC1684.00 x
2024-09-30 ZAC4.26 ZAC1684.00 x
2025-09-30 ZAC3.83 ZAC1684.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sappi 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): -8.05%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.27%
  • • Asset Turnover: 0.94x
  • • Equity Multiplier: 2.63x
  • Recent ROE (-8.05%) is below the historical average (6.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 7.84% 4.38% 0.60x 2.96x ZAC-46.31 Million
1999 7.88% 2.77% 0.81x 3.51x ZAC-33.07 Million
2000 22.39% 7.69% 0.98x 2.97x ZAC200.90 Million
2001 9.18% 3.30% 0.93x 3.00x ZAC-12.30 Million
2002 13.74% 5.90% 0.80x 2.90x ZAC59.90 Million
2003 7.61% 3.47% 0.74x 2.98x ZAC-46.80 Million
2004 4.62% 2.07% 0.77x 2.88x ZAC-113.90 Million
2005 -11.32% -4.24% 0.88x 3.03x ZAC-401.10 Million
2006 -0.29% -0.08% 0.90x 3.98x ZAC-142.60 Million
2007 11.12% 3.81% 0.84x 3.49x ZAC20.40 Million
2008 6.36% 1.74% 0.96x 3.81x ZAC-58.50 Million
2009 -9.87% -3.30% 0.74x 4.07x ZAC-356.40 Million
2010 3.48% 1.00% 0.91x 3.79x ZAC-123.60 Million
2011 -15.70% -3.18% 1.16x 4.27x ZAC-379.80 Million
2012 6.82% 1.64% 1.03x 4.04x ZAC-48.50 Million
2013 -14.07% -2.72% 1.03x 5.01x ZAC-275.40 Million
2014 12.93% 2.23% 1.11x 5.23x ZAC30.60 Million
2015 16.45% 3.10% 1.10x 4.84x ZAC65.50 Million
2016 23.15% 6.21% 0.99x 3.76x ZAC181.20 Million
2017 19.35% 6.38% 1.01x 3.00x ZAC163.30 Million
2018 16.59% 5.56% 1.02x 2.91x ZAC128.30 Million
2019 10.83% 3.67% 1.02x 2.89x ZAC16.20 Million
2020 -8.27% -2.93% 0.84x 3.34x ZAC-298.20 Million
2021 0.66% 0.25% 0.85x 3.14x ZAC-184.00 Million
2022 22.73% 7.35% 1.17x 2.64x ZAC300.20 Million
2023 10.59% 4.46% 1.00x 2.37x ZAC14.50 Million
2024 1.28% 0.60% 0.88x 2.41x ZAC-224.80 Million
2025 -8.05% -3.27% 0.94x 2.63x ZAC-417.10 Million

Industry Comparison

This section compares Sappi Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.

No peer company data available for comparison.