Safari Investments RSA Ltd (SAR) - Net Assets

Latest as of June 2025: ZAC3.01 Billion ZAC ≈ $1.60 Million USD

Based on the latest financial reports, Safari Investments RSA Ltd (SAR) has net assets worth ZAC3.01 Billion ZAC (≈ $1.60 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC4.58 Billion ≈ $2.43 Million USD) and total liabilities (ZAC1.57 Billion ≈ $834.94K 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 SAR asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ZAC3.01 Billion
% of Total Assets	65.71%
Annual Growth Rate	9.48%
5-Year Change	51.86%
10-Year Change	99.42%
Growth Volatility	19.58

Safari Investments RSA Ltd - Net Assets Trend (2014–2025)

This chart illustrates how Safari Investments RSA Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SAR total asset value for the complete picture of this company's asset base.

Annual Net Assets for Safari Investments RSA Ltd (2014–2025)

The table below shows the annual net assets of Safari Investments RSA Ltd from 2014 to 2025. For live valuation and market cap data, see market value of Safari Investments RSA Ltd.

Year	Net Assets	Change
2025-03-31	ZAC3.01 Billion ≈ $1.60 Million	+23.92%
2023-03-31	ZAC2.43 Billion ≈ $1.29 Million	+6.80%
2022-03-31	ZAC2.27 Billion ≈ $1.21 Million	+5.83%
2021-03-31	ZAC2.15 Billion ≈ $1.14 Million	+8.43%
2020-03-31	ZAC1.98 Billion ≈ $1.05 Million	-11.75%
2019-03-31	ZAC2.25 Billion ≈ $1.19 Million	-12.42%
2018-03-31	ZAC2.56 Billion ≈ $1.36 Million	+54.18%
2017-03-31	ZAC1.66 Billion ≈ $884.09K	+6.91%
2016-03-31	ZAC1.56 Billion ≈ $826.95K	+3.09%
2015-03-31	ZAC1.51 Billion ≈ $802.18K	+35.82%
2014-03-31	ZAC1.11 Billion ≈ $590.62K	--

Equity Component Analysis

This analysis shows how different components contribute to Safari Investments RSA 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 288.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	ZAC1.41 Billion	46.87%
Other Components	ZAC1.60 Billion	53.13%
Total Equity	ZAC3.01 Billion	100.00%

Safari Investments RSA Ltd Competitors by Market Cap

The table below lists competitors of Safari Investments RSA Ltd ranked by their market capitalization.

Company	Market Cap
Humanica Public Company Limited BK:HUMAN	$114.16 Million
FastPartner AB Series D ST:FPAR-D	$114.22 Million
Swelect Energy Systems Limited NSE:SWELECTES	$114.23 Million
Repare Therapeutics Inc NASDAQ:RPTX	$114.24 Million
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret IS:SMRTG	$114.12 Million
CEA Industries Inc. NASDAQ:BNC	$114.12 Million
Solux Co. Ltd KQ:290690	$114.11 Million
Control Print Limited NSE:CONTROLPR	$114.10 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2025, total equity changed from 2,429,069,000 to 3,010,052,000, a change of 580,983,000 (23.9%).
Net income of 554,852,000 contributed positively to equity growth.

Equity Change Factors (2023 to 2025)

Factor	Impact	Contribution
Net Income	ZAC554.85 Million	+18.43%
Other Changes	ZAC26.13 Million	+0.87%
Total Change	ZAC-	23.92%

Book Value vs Market Value Analysis

This analysis compares Safari Investments RSA 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: 71.35x
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 96.57x to 71.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	ZAC8.70	ZAC840.00	x
2018-03-31	ZAC8.24	ZAC840.00	x
2019-03-31	ZAC7.23	ZAC840.00	x
2020-03-31	ZAC6.38	ZAC840.00	x
2021-03-31	ZAC8.34	ZAC840.00	x
2022-03-31	ZAC8.82	ZAC840.00	x
2023-03-31	ZAC9.43	ZAC840.00	x
2025-03-31	ZAC11.77	ZAC840.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Safari Investments RSA 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): 18.43%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 89.82%
• Asset Turnover: 0.13x
• Equity Multiplier: 1.52x
Recent ROE (18.43%) is above the historical average (10.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	11.00%	102.17%	0.08x	1.38x	ZAC11.11 Million
2015	13.70%	147.10%	0.08x	1.19x	ZAC55.88 Million
2016	5.24%	47.51%	0.08x	1.43x	ZAC-74.06 Million
2017	9.37%	76.07%	0.08x	1.59x	ZAC-10.43 Million
2018	5.12%	52.82%	0.08x	1.15x	ZAC-125.14 Million
2019	5.52%	41.41%	0.09x	1.48x	ZAC-100.64 Million
2020	5.43%	31.17%	0.10x	1.70x	ZAC-90.55 Million
2021	12.45%	78.08%	0.10x	1.65x	ZAC52.66 Million
2022	11.16%	60.98%	0.11x	1.60x	ZAC26.29 Million
2023	13.29%	70.67%	0.12x	1.57x	ZAC80.01 Million
2025	18.43%	89.82%	0.13x	1.52x	ZAC253.85 Million

Industry Comparison

This section compares Safari Investments RSA Ltd's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Safari Investments RSA Ltd (SAR)	ZAC3.01 Billion	11.00%	0.52x	$114.14 Million
Curro Hol (COH)	$7.21 Billion	1.46%	0.71x	$427.54 Million

About Safari Investments RSA Ltd

JSE:SAR South Africa

Market Cap

$114.14 Million

ZAC214.76 Billion ZAC

Market Cap Rank

#18710 Global

#143 in South Africa

Share Price

ZAC840.00

Change (1 day)

+1.69%

52-Week Range

ZAC650.00 - ZAC849.00

All Time High

ZAC849.00