Foschini Group Ltd (TFG) - Net Assets

Latest as of September 2025: ZAC25.22 Billion ZAC ≈ $13.40 Million USD

Based on the latest financial reports, Foschini Group Ltd (TFG) has net assets worth ZAC25.22 Billion ZAC (≈ $13.40 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC61.23 Billion ≈ $32.54 Million USD) and total liabilities (ZAC36.01 Billion ≈ $19.14 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 Foschini Group Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC25.22 Billion
% of Total Assets 41.19%
Annual Growth Rate 12.16%
5-Year Change 48.79%
10-Year Change 158.66%
Growth Volatility 6.82

Foschini Group Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Foschini Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TFG current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Foschini Group Ltd (2004–2025)

The table below shows the annual net assets of Foschini Group Ltd from 2004 to 2025. For live valuation and market cap data, see market cap of Foschini Group Ltd.

Year Net Assets Change
2025-03-31 ZAC25.61 Billion
≈ $13.61 Million		 +6.08%
2024-03-31 ZAC24.14 Billion
≈ $12.83 Million		 +11.49%
2023-03-31 ZAC21.65 Billion
≈ $11.51 Million		 +13.14%
2022-03-31 ZAC19.14 Billion
≈ $10.17 Million		 +11.20%
2021-03-31 ZAC17.21 Billion
≈ $9.15 Million		 +7.96%
2020-03-31 ZAC15.94 Billion
≈ $8.47 Million		 +11.43%
2019-03-31 ZAC14.31 Billion
≈ $7.60 Million		 +7.80%
2018-03-31 ZAC13.27 Billion
≈ $7.05 Million		 +26.17%
2017-03-31 ZAC10.52 Billion
≈ $5.59 Million		 +6.25%
2016-03-31 ZAC9.90 Billion
≈ $5.26 Million		 +21.73%
2015-03-31 ZAC8.13 Billion
≈ $4.32 Million		 +0.54%
2014-03-31 ZAC8.09 Billion
≈ $4.30 Million		 +4.40%
2013-03-31 ZAC7.75 Billion
≈ $4.12 Million		 +12.89%
2012-03-31 ZAC6.86 Billion
≈ $3.65 Million		 +15.39%
2011-03-31 ZAC5.95 Billion
≈ $3.16 Million		 +8.44%
2010-03-31 ZAC5.49 Billion
≈ $2.92 Million		 +12.97%
2009-03-31 ZAC4.86 Billion
≈ $2.58 Million		 +17.39%
2008-03-31 ZAC4.14 Billion
≈ $2.20 Million		 +3.28%
2007-03-31 ZAC4.00 Billion
≈ $2.13 Million		 +24.69%
2006-03-31 ZAC3.21 Billion
≈ $1.71 Million		 +21.38%
2005-03-31 ZAC2.65 Billion
≈ $1.41 Million		 +14.97%
2004-03-31 ZAC2.30 Billion
≈ $1.22 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Foschini Group 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 1639800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC16.40 Billion 64.03%
Other Components ZAC9.21 Billion 35.97%
Total Equity ZAC25.61 Billion 100.00%

Foschini Group Ltd Competitors by Market Cap

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

Company Market Cap
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
 $1.20 Billion
Virgin Australia Holdings Ltd
AU:VGN
 $1.20 Billion
Jiangsu Shentong Valve Co Ltd
SHE:002438
 $1.20 Billion
Bonheur
OL:BONHR
 $1.20 Billion
Beijing Kingee Culture Development Co Ltd
SHE:002721
 $1.19 Billion
IGB Bhd
KLSE:5606
 $1.19 Billion
Zhejiang Ausun Pharmaceutical Co Ltd
SHG:603229
 $1.19 Billion
Capital Clean Energy Carriers Corp.
NASDAQ:CCEC
 $1.19 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 24,141,400,000 to 25,609,000,000, a change of 1,467,600,000 (6.1%).
  • Net income of 3,189,000,000 contributed positively to equity growth.
  • Dividend payments of 1,183,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,430,700,000.
  • Other factors increased equity by 2,217,300,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC3.19 Billion +12.45%
Dividends Paid ZAC1.18 Billion -4.62%
Other Comprehensive Income ZAC-2.43 Billion -9.49%
Other Changes ZAC2.22 Billion +8.66%
Total Change ZAC- 6.08%

Book Value vs Market Value Analysis

This analysis compares Foschini Group 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: 89.57x
  • 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 799.28x to 89.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-03-31 ZAC8.75 ZAC6994.00 x
2005-03-31 ZAC10.55 ZAC6994.00 x
2006-03-31 ZAC12.46 ZAC6994.00 x
2007-03-31 ZAC15.41 ZAC6994.00 x
2008-03-31 ZAC16.06 ZAC6994.00 x
2009-03-31 ZAC19.01 ZAC6994.00 x
2010-03-31 ZAC21.15 ZAC6994.00 x
2011-03-31 ZAC22.72 ZAC6994.00 x
2012-03-31 ZAC26.66 ZAC6994.00 x
2013-03-31 ZAC29.24 ZAC6994.00 x
2014-03-31 ZAC30.53 ZAC6994.00 x
2015-03-31 ZAC34.57 ZAC6994.00 x
2016-03-31 ZAC41.50 ZAC6994.00 x
2017-03-31 ZAC43.04 ZAC6994.00 x
2018-03-31 ZAC51.19 ZAC6994.00 x
2019-03-31 ZAC53.75 ZAC6994.00 x
2020-03-31 ZAC60.05 ZAC6994.00 x
2021-03-31 ZAC56.76 ZAC6994.00 x
2022-03-31 ZAC58.84 ZAC6994.00 x
2023-03-31 ZAC66.56 ZAC6994.00 x
2024-03-31 ZAC73.96 ZAC6994.00 x
2025-03-31 ZAC78.09 ZAC6994.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foschini Group 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): 12.45%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.47%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 2.33x
  • Recent ROE (12.45%) is below the historical average (20.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 22.56% 11.72% 1.13x 1.70x ZAC287.76 Million
2005 29.17% 14.53% 1.12x 1.79x ZAC504.30 Million
2006 31.60% 15.34% 1.09x 1.89x ZAC674.61 Million
2007 29.27% 15.48% 1.07x 1.77x ZAC736.84 Million
2008 29.35% 14.71% 1.08x 1.84x ZAC743.88 Million
2009 25.48% 14.16% 0.93x 1.93x ZAC696.17 Million
2010 21.46% 12.62% 0.93x 1.83x ZAC579.77 Million
2011 23.83% 13.10% 0.93x 1.96x ZAC755.51 Million
2012 25.14% 13.60% 0.90x 2.04x ZAC952.79 Million
2013 25.44% 13.90% 0.84x 2.18x ZAC1.09 Billion
2014 25.73% 13.13% 0.83x 2.37x ZAC1.14 Billion
2015 22.85% 11.55% 0.87x 2.28x ZAC1.04 Billion
2016 21.78% 10.21% 0.96x 2.23x ZAC1.17 Billion
2017 22.36% 9.99% 1.07x 2.10x ZAC1.30 Billion
2018 18.35% 8.52% 1.03x 2.10x ZAC1.11 Billion
2019 18.44% 7.74% 1.14x 2.10x ZAC1.21 Billion
2020 15.33% 6.92% 0.84x 2.64x ZAC849.54 Million
2021 -10.82% -5.65% 0.84x 2.28x ZAC-3.58 Billion
2022 15.20% 6.71% 1.00x 2.26x ZAC995.71 Million
2023 13.97% 5.84% 0.98x 2.45x ZAC860.55 Million
2024 12.56% 5.39% 1.04x 2.24x ZAC617.06 Million
2025 12.45% 5.47% 0.98x 2.33x ZAC628.10 Million

Industry Comparison

This section compares Foschini Group Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $15,895,467,750
  • Average return on equity (ROE) among peers: 31.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Foschini Group Ltd (TFG) ZAC25.22 Billion 22.56% 1.43x $1.20 Billion
Pick N Pay Stores Ltd (PIK) $2.40 Billion 46.32% 3.92x $766.77 Million
Pepkor Holdings Ltd (PPH) $52.92 Billion 6.71% 0.65x $4.31 Billion
Shoprite Holdings Ltd (SHP) $3.69 Billion 29.43% 2.22x $8.07 Billion
Woolworths Holdings Ltd (WHL) $4.57 Billion 44.79% 1.20x $2.47 Billion

About Foschini Group Ltd

JSE:TFG South Africa Department Stores
Market Cap
$1.20 Billion
ZAC2.25 Trillion ZAC
Market Cap Rank
#8351 Global
#62 in South Africa
Share Price
ZAC6994.00
Change (1 day)
+0.11%
52-Week Range
ZAC6803.00 - ZAC13820.00
All Time High
ZAC17456.19
Categories
Companies in South Africa Department Stores
About

The Foschini Group Limited, together with its subsidiaries, operates retail stores in South Africa and internationally. The company operates through TFG Africa, TFG London, and TFG Australia segments. It provides clothing, jewellery, cellphones, accessories, cosmetics, sporting apparel, and homeware and furniture. The company offers its products under the Home, American Swiss, Homelivingspace, Ar… Read more