Foschini Group Ltd (TFG) - Net Assets

Latest as of March 2026: ZAC24.91 Billion ZAC ≈ $13.24 Million USD

Based on the latest financial reports, Foschini Group Ltd (TFG) has net assets worth ZAC24.91 Billion ZAC (≈ $13.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC60.20 Billion ≈ $32.00 Million USD) and total liabilities (ZAC35.30 Billion ≈ $18.76 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 TFG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ZAC24.91 Billion
% of Total Assets	41.37%
Annual Growth Rate	11.43%
5-Year Change	30.14%
10-Year Change	136.77%
Growth Volatility	7.36

Foschini Group Ltd - Net Assets Trend (2004–2026)

This chart illustrates how Foschini Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Foschini Group Ltd (TFG) total market value.

Annual Net Assets for Foschini Group Ltd (2004–2026)

The table below shows the annual net assets of Foschini Group Ltd from 2004 to 2026. Also explore Foschini Group Ltd (TFG) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	ZAC24.91 Billion ≈ $13.24 Million	-2.74%
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 1690500000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	ZAC16.91 Billion	67.87%
Common Stock	ZAC4.00 Million	0.02%
Other Comprehensive Income	ZAC1.83 Billion	7.36%
Other Components	ZAC6.17 Billion	24.75%
Total Equity	ZAC24.91 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
Abacus Life Inc. NASDAQ:ABL	$827.97 Million
Adlai Nortye Ltd. American Depositary Shares NASDAQ:ANL	$828.16 Million
Heritage Commerce Corp NASDAQ:HTBK	$828.43 Million
Yuanli Chemical Group Co Ltd SHG:603217	$828.54 Million
Republic Airways Holdings Inc NASDAQ:RJET	$827.77 Million
Synektik S.A. WAR:SNT	$827.67 Million
Xencor Inc NASDAQ:XNCR	$827.65 Million
Leshan Electric Power Co Ltd SHG:600644	$827.65 Million

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 2025 to 2026, total equity changed from 25,609,000,000 to 24,907,000,000, a change of -702,000,000 (-2.7%).
Net income of 1,316,000,000 contributed positively to equity growth.
Dividend payments of 1,182,000,000 reduced retained earnings.
Share repurchases of 1,021,000,000 reduced equity.
Other comprehensive income increased equity by 1,833,000,000.
Other factors decreased equity by 627,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	ZAC1.32 Billion	+5.28%
Dividends Paid	ZAC1.18 Billion	-4.75%
Share Repurchases	ZAC1.02 Billion	-4.1%
Other Comprehensive Income	ZAC1.83 Billion	+7.36%
Other Changes	ZAC-627.00 Million	-2.52%
Total Change	ZAC-	-2.74%

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: 63.88x
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 564.55x to 63.88x 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	ZAC4940.00	x
2005-03-31	ZAC10.55	ZAC4940.00	x
2006-03-31	ZAC12.46	ZAC4940.00	x
2007-03-31	ZAC15.41	ZAC4940.00	x
2008-03-31	ZAC16.06	ZAC4940.00	x
2009-03-31	ZAC19.01	ZAC4940.00	x
2010-03-31	ZAC21.15	ZAC4940.00	x
2011-03-31	ZAC22.72	ZAC4940.00	x
2012-03-31	ZAC26.66	ZAC4940.00	x
2013-03-31	ZAC29.24	ZAC4940.00	x
2014-03-31	ZAC30.53	ZAC4940.00	x
2015-03-31	ZAC34.57	ZAC4940.00	x
2016-03-31	ZAC41.50	ZAC4940.00	x
2017-03-31	ZAC43.04	ZAC4940.00	x
2018-03-31	ZAC51.19	ZAC4940.00	x
2019-03-31	ZAC53.75	ZAC4940.00	x
2020-03-31	ZAC60.05	ZAC4940.00	x
2021-03-31	ZAC56.76	ZAC4940.00	x
2022-03-31	ZAC58.84	ZAC4940.00	x
2023-03-31	ZAC66.56	ZAC4940.00	x
2024-03-31	ZAC73.96	ZAC4940.00	x
2025-03-31	ZAC78.09	ZAC4940.00	x
2026-03-31	ZAC77.33	ZAC4940.00	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): 5.28%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.11%
• Asset Turnover: 1.04x
• Equity Multiplier: 2.42x
Recent ROE (5.28%) is below the historical average (19.86%), 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
2026	5.28%	2.11%	1.04x	2.42x	ZAC-1.17 Billion

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: $16,502,659,500
Average return on equity (ROE) among peers: 29.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Foschini Group Ltd (TFG)	ZAC24.91 Billion	22.56%	1.42x	$827.77 Million
Pick N Pay Stores Ltd (PIK)	$3.70 Billion	31.60%	10.44x	$728.28 Million
Pepkor Holdings Ltd (PPH)	$52.92 Billion	6.71%	0.65x	$3.58 Billion
Shoprite Holdings Ltd (SHP)	$4.82 Billion	32.91%	2.08x	$9.16 Billion
Woolworths Holdings Ltd (WHL)	$4.57 Billion	44.79%	1.20x	$1.81 Billion

About Foschini Group Ltd

JSE:TFG South Africa Department Stores

Market Cap

$827.77 Million

ZAC1.56 Trillion ZAC

Market Cap Rank

#9838 Global

#73 in South Africa

Share Price

ZAC4940.00

Change (1 day)

-3.14%

52-Week Range

ZAC4940.00 - ZAC12119.00

All Time High

ZAC17456.19